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Jim Bakker, PTL Televangelist Convicted of Fraud, Dies at 86
Jim Bakker, founder of the PTL Club and Heritage USA theme park, dies at 86. The televangelist was convicted of defrauding followers and served over four years in prison after a 1987 sex scandal.
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.
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.
Japan Expands Russia Sanctions on October 2; Moscow Vows Countermeasures
Japan froze assets of 33 Russian firms and 9 individuals on October 2 and restricted 35 vessels. Russia’s Foreign Ministry threatened countermeasures on October 5, citing violations of a 1957 trade agreement.
Six arrested on Monash Freeway after Melbourne burglary spree on October 6
Six arrested after police pursuit on Monash Freeway in Melbourne. Incident began with aggravated burglary in Brighton East at 5:30am, ended with specialist police interception near Chadstone about midday on October 6.
Japan’s PM Takaichi Skips G7 Oil Crisis Meeting on October 2
Japan’s PM Takaichi skipped an October 2 G7 emergency meeting on diesel prices and oil reserves. France convened the video call last-minute. Japan sent deputy Endo instead.
Nobel Prize in Physiology or Medicine 2026: US and German Scientists Win for Optogenetics
Karl Deisseroth, Peter Hegemann, and Georg Nagel win the 2026 Nobel Prize in Physiology or Medicine for optogenetics, a technique that uses light to control brain cells. The prize is worth 12 million Swedish kronor.