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Bill Ackman AI Capex Call: Why He Backs the Hyperscalers
Bill Ackman AI capex view: Pershing Square says Big Tech’s $740B spending is offensive, not defensive. Key numbers inside.
UBS Job Cuts Deepen as Q3 Profit Hits $2.7 Billion
UBS job cuts continue: staff fell about 6,800 in a year as Q3 profit hit $2.7B and the Lex UBS capital rules fight heats up.
Gen Z’s Retreat from Wohneigentum: Why Home Ownership Is Slipping Out of Reach in Germany
Wohneigentum — German for home ownership — is the word Germany’s property debate is rallying around this week, after new research showed the dream of owning a home is slipping further from young Germans’ reach. The findings, from mortgage broker Interhyp’s annual Wohntraumstudie, show that gen z homeownership in Germany is not just expensive: for…
Hong Kong’s 90-Year-Old Kuei Lee Soy Sauce Brewery Closes After Factory Land Resumed
The Kuei Lee soy sauce closure marks the end of one of Hong Kong’s most recognisable heritage food brands. The nearly 90-year-old soy sauce maker has stopped production at its Kwu Tung factory and will close its Wanchai shop once remaining stock sells out, after its land was resumed under the Northern Metropolis development plan….
Japan’s Great Cash Shift: Why Households Are Fleeing Savings for Stocks
The Numbers Behind the Great Cash Shift The headline figure from the Bank of Japan is striking. The cash-and-deposits share of Japanese household finances has fallen to 44.6%, a record low, down from 53.7% at the end of 2022 — a 9.1-point slide in just three and a half years. Meanwhile the equity share has…
Titan Biotech 1:4 Bonus Shares: Key Dates Explained
Titan Biotech’s 1:4 bonus shares are the talk of Indian markets this week, with the record date just days away. The biotech manufacturer’s board has approved issuing one fully paid-up bonus equity share for every four shares held, a corporate action that follows a standout quarter and a three-year run that delivered roughly 453% returns….
JGB Yields Today: Why ‘Bonds’ Is Trending in Hong Kong
JGB yields are sliding as AI anxiety pushes investors into bonds. We unpack today’s Japanese government bond market moves and what Hong Kong investors should watch.
US Budget Deficit Hits $2 Trillion in 2026
The US budget deficit widened sharply in the fiscal year ended in September 2026, rising 12% to $1,992 billion — nearly $2 trillion — as refunded tariff revenue and surging interest payments on the national debt overwhelmed record federal revenues. The figures, published by the US Treasury on October 16, leave the deficit at about…
Conagra Discontinues Celeste Pizza After 64 Years on October 9
Conagra Brands has discontinued Celeste frozen pizza after 64 years, citing low profitability. Remaining inventory will be sold until depleted, but production has ended.