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Mixue Group Stock Drops 70% as Hong Kong Flagship Store Closes, October 9
Mixue Group closes Hong Kong flagship store as six outlets shut in 2026. Stock crashes 70% from peak. Rent burden forces retreat from HK market.
Melbourne Firebombing Crisis: 13-Year-Old in Critical Condition, Three Teens Arrested
A 13-year-old boy fights for his life after suffering 90% burns in a Melbourne firebombing. Three teenagers arrested. Police link attacks to organised crime recruiting youth online.
NYC Mayor Mamdani Sparks Backlash With Oct. 7 Gaza Statement
NYC Mayor Mamdani’s Oct. 7 anniversary statement calling Israel’s Gaza war a genocide sparked outrage from Jewish organizations and Israeli officials who said he minimized Israeli victims on a day meant for mourning.
Chinese Tourist Surge Hits Australia During Golden Week: 19% Jump in Flight Bookings
Chinese tourists flooded Australia during Golden Week 2026, with flight bookings up 19% and hotel stays of 7+ nights rising 123%. NSW welcomed record visitor spending of $15.1 billion.
Singapore Retrenchments Hit Post-Pandemic High; MOM Weighs Action on Benefits
Singapore retrenchments hit post-pandemic high of 4,620 in Q2 2026. MOM considers action against firms refusing to pay benefits. Re-entry rates fall to 54.9%, and retrenched PMETs face median 25% wage cuts.
Crystal Jade Closes Four More Outlets, Cuts 120 Jobs Ahead of Sale
Crystal Jade closes four Singapore outlets and terminates 120 workers on October 6 as receivers prepare the business for sale. Nine restaurants remain open.
Trump Administration Finalizes Healthcare Price Transparency Rules on October 7
Trump administration finalizes healthcare price transparency rules requiring insurers to post clearer pricing data and eliminate hidden negotiated rates. FTC warns hospitals of enforcement.
DBS CEO Tan Su Shan Named Her World Woman of Year 2026
DBS CEO Tan Su Shan wins Her World Woman of the Year 2026 award. The first female CEO of Singapore’s largest bank has driven DBS stock up 60% and the bank to S$200 billion market cap.
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.