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Darwin Homeless Shelter Closes Sunday: 120 First Nations Residents Face Relocation
Darwin’s YiSSA short-stay accommodation closes October 11, displacing 120 First Nations residents. NT government rejected A$6.5m federal funding offer. Residents face relocation to Batchelor, 100km away.
Hong Kong Banks Hike Fixed Deposit Rates to 4.3% as Interest Rate War Intensifies
Hong Kong banks raise fixed deposit rates to 4.3% for USD and 4.1% for HKD. Compare the latest rates from major lenders and digital banks as the interest rate war heats up.
Indigenous Leader Mick Mundine Charged Over 1986 Child Sexual Assault
Prominent Sydney Indigenous leader Mick Mundine, 79, charged with sexual assault of a 15-year-old girl in 1986. Arrested in Redfern, granted bail, due in court October 14.
Germany Blocks Cosco’s 80% Zippel Takeover Over Supply Chain Security
Germany blocks Cosco’s acquisition of Zippel logistics firm over security risks to German and EU supply chains. Cabinet cites deepened dependencies and vulnerability to Chinese pressure.
Greens Propose $25bn Plan to Nationalise 200 Coles and Woolworths Stores
Greens propose $25bn plan to nationalise 200+ Coles and Woolworths supermarkets and open 424 public stores called Fair Go Grocers, claiming savings of 22% on average grocery bills.
Rachel Jupp Appointed BBC News Director After Year-Long Vacancy
Rachel Jupp, former Panorama editor, appointed BBC News director on October 5. She leads 4,500 staff and earns £400,000 annually as BBC faces major job cuts and trust challenges.
Deluge Raises S$23.4M in SGX IPO as Fire Safety Rules Tighten October 6
Deluge raises S$23.4M in SGX IPO priced at S$0.60 per share. The fire-protection firm holds 8.3% of Singapore’s market and eyes regional expansion as Malaysia tightens fire safety rules for 9,451 buildings.
Honda Develops Wireless EV Charging for Highways, Tests Begin 2027
Honda develops wireless charging system for moving EVs with Taisei. Tests planned for Tateyama Expressway in fiscal 2027. Technology supports speeds up to 120 km/h and large commercial vehicles.
DFI Retail Grabs Full Starbucks Control in Asia for US$340M on October 1
DFI Retail takes full control of 1,100+ Starbucks stores across Asia for US$340M cash, exiting Maxim’s joint venture. Stock jumps 6.6% as company targets billion-dollar business in three years.