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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….
Ding Hui Yun: The 68-Year-Old Who Lived Illegally in Singapore for 19 Years
Ding Hui Yun’s name is now one of the most searched immigration stories in Singapore. The 68-year-old Chinese national was sentenced on 21 October 2026 to six months’ jail and a S$2,000 fine — the maximum term for her charge — after living illegally in Singapore for 19 years, two months and 23 days. Her…
Jio IPO: Inside the Record ₹30,213 Crore Issue Shaking Up Indian Markets
The Jio IPO has become the biggest market story in India in years. Jio Platforms’ ₹30,213 crore public issue has drawn total demand of ₹3.2 lakh crore, with public subscription hitting 3.1 times on the first day and the anchor book drawing bids worth more than ₹2.5 lakh crore. It is the first public issue…
Star Palace Closure: Ming Sing Palace Shuts Fanling Branch
The Star Palace closure at Hong Kong’s Fanling Cheung Wah Estate is the story behind the city’s top trending Business & Finance search this week. The branch of 明星皇宮 (Ming Sing Palace) ended service on 16 October 2026 — the sixth branch of the Star Seafood Restaurant group to close in two years, leaving roughly…
Chevron Iraq Oil Deal: Inside the West Qurna 2 Takeover
The Chevron Iraq oil deal is moving fast. Chevron has secured one year of exclusive negotiation rights to take over operatorship of Iraq’s West Qurna 2 oil field, one of the country’s richest assets, after US sanctions forced Russian major Lukoil out. The field holds roughly 14 billion barrels of reserves, and Baghdad expects the…
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….
teppay Mobile Suica: JR East Launches Code Payments Beyond the ¥20,000 Limit
Japan’s best-known transit card just grew up. On 20 October 2026 at 11:00 JST, East Japan Railway (JR East) launched teppay Mobile Suica, a code-payment service built directly into the Mobile Suica app that finally removes the ¥20,000 balance ceiling that has defined Suica since its earliest days. With over 1.7 million stores accepting the…
Ampol Refinery Shutdown Extended: Lytton Delay Cuts Christmas Fuel Supply
The Ampol refinery shutdown has been extended, with the fuel giant delaying the restart of its Lytton refinery in Brisbane after bringing forward maintenance work on its catalytic cracking unit. The delay cuts roughly 150 million litres of gasoline, diesel and jet fuel from fourth-quarter output — raising fears over Australia’s refined-fuel supplies heading into…
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…