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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….
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…
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…
Stock Market Crash Fears: The “Invisible” Sell-Off Beneath Record Highs
Searches for a stock market crash are surging across Australia this week, up more than 1,000% on Google Trends. But the crash experts are describing is not the one on the evening news. Headline indices are sitting near record highs, while the average stock is quietly losing value. Australian finance commentator Alec Renehan calls it…
Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Tasmanian Nurses Strike Over Pay and Safety on October 8
Around 200 Tasmanian nurses struck on October 8 over pay, staffing, and violence in hospitals. The ANMF demands legislative staff-to-patient ratios and better working conditions.