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Chinese Investor Fined $508,000 for Land Banking in Victoria
Federal Court orders Chinese investor Fengqin Li to pay $508,000 penalty for failing to develop vacant Berwick land within required four-year timeframe. ATO steps up land banking enforcement.
Singapore Fines 45 Businesses for Buying Fake Reviews in Largest CCS Probe
Singapore’s CCS took action against 45 businesses buying fake reviews from a provider using AI and paid reviewers. Businesses must apologize publicly for six months and remove false ratings.
Micron Crushes Q4 Earnings, Guides Revenue to $61.5B on AI Chip Demand
Micron beats Q4 earnings with $54.23B revenue and $33.42 EPS, guides Q1 to $61.5B. Stock up 550% in 12 months as AI memory demand soars.
Dangote’s £12bn Kenya refinery breaks ground despite court order on September 30
Aliko Dangote breaks ground on £12bn Lamu refinery in Kenya on September 30, despite court order maintaining status quo on disputed land until October 14 hearing.
SNB Sold CHF1.4B Francs in Q2 as Iran War Stokes Safe-Haven Demand
SNB sold CHF1.4 billion francs in Q2 2026 to offset safe-haven flows from Iran war. Central bank maintains zero rates as growth accelerates and inflation stays low at 0.8%.
Lindsay Clancy’s Lawyer Shifts Strategy, Questions Murder Evidence on September 29
Lindsay Clancy’s lawyer Kevin Reddington argued September 29 that prosecutors lacked evidence she killed her children, reversing the trial strategy that focused on postpartum psychosis rather than guilt.
German Unemployment Falls Below 3 Million in September 2026
German unemployment fell to 2.994 million in September 2026, below 3 million for the first time in two months. The unemployment rate held at 6.4%, but job demand remains weak.
Singapore Court Rejects Wrongful Dismissal Claim After PIP Failure on September 30
Singapore tribunal rejects wrongful dismissal claim from woman placed on performance improvement plan. She sought S$4,000 compensation but lost her case after failing PIP.
King Charles Loses Appeal in Australian Genocide Case on September 30
Victoria’s Court of Appeal rejected Robbie Thorpe’s appeal to prosecute King Charles III over genocide allegations against Indigenous Australians. Thorpe vows to take the case to the ICC.