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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…
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.
El Niño to Peak in December at Record Strength, WMO Warns
WMO forecasts El Niño will peak in December 2026 at record strength, with 99% certainty it persists through February 2027. Record Pacific temperatures threaten cocoa and coffee supplies, pushing Australian food prices higher.
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.
World Space Week 2026 Celebrates ‘Rocket Revolution’ as Launch Costs Plummet
World Space Week 2026 runs Oct 4-10 under the theme ‘Rocket Revolution,’ celebrating how reusable rockets and lower launch costs are opening space access to more countries and companies worldwide.
World-Renowned Pianist Soichiro Arida Charged Over 84 km/h Speeding on Tokyo Expressway
World-class pianist Soichiro Arida indicted for speeding 84 km/h over the limit on Tokyo expressway. Trial concluded October 6; verdict set for October 29.
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.
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.