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CBA Boss Comyn: House Prices Won’t Bottom Until Well Into 2027
CBA CEO Matt Comyn says Australia’s housing market correction is halfway done and will extend well into 2027. National property prices down 5.2% since March peak.
Trump Administration Finalizes Healthcare Price Transparency Rules on October 7
New federal rules require hospitals and insurers to disclose healthcare prices in plain dollar amounts, ban ghost rates, and hold executives accountable. FTC warns 24 health systems.
EU Expansion Plan Shifts to Gradual Entry, Cuts Unanimity Rule October 8
EU Commission proposes phased EU membership, qualified majority voting, and safeguards for new members. Montenegro could join by 2028. Enlargement Commissioner Marta Kos outlines reforms October 6.
DWP Benefit Rules Change: 325,000 Residents Keep More When Working October 5
From October 5, 2026, over 325,000 residents in supported housing and temporary accommodation can keep more earnings. Housing benefit now aligns with Universal Credit rules, ending the ‘cliff edge’ that left workers worse off.
ASOS Stock Falls 9.6% After Hackers Send Ransom Demand to Millions of App Users
ASOS confirms hackers sent threatening app notification to millions of customers on October 6. Basic personal data may have been accessed, but payment details are secure. Stock fell 9.6% as company investigates.
ASOS Stock Plunges 9.6% After Hackers Send Ransom Demand via App
ASOS shares fell 9.6% after hackers sent a ransom demand via push notification to app users, claiming access to basic customer information including names and contact details.
Nobel Physics Prize Goes to Francis Halzen for Antarctic Neutrino Discovery
Francis Halzen wins 2026 Nobel Prize in Physics for detecting high-energy neutrinos at the South Pole’s IceCube Observatory. Japanese scientists contributed to the 14-nation project.
Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Japan’s PM Takaichi Skips G7 Oil Meeting; Opposition Demands Diplomacy Focus
Japan’s PM Takaichi faced criticism for missing a G7 online meeting on October 2, with opposition leaders demanding stronger diplomatic engagement and warning of North Korean drone threats.