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Porsche’s New Look: Pricier Cars and 25% Fewer Employees
Oct 7, 2026

Porsche’s New Look: Pricier Cars and 25% Fewer Employees

The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less....

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India’s central bank lifts rates for first time in nearly four years
Oct 7, 2026

India’s central bank lifts rates for first time in nearly four years

The RBI’s six-member monetary policy committee votes unanimously to raise the benchmark repurchase rate by 25 bps to 5.5%...

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HSBC plans job cuts across UK wealth business in AI push: report
Oct 7, 2026

HSBC plans job cuts across UK wealth business in AI push: report

Affected employees are expected to leave by the end of the month...

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Half the harvest, twice the bills: how drought hit farms
Oct 7, 2026

Half the harvest, twice the bills: how drought hit farms

Farmers gathered much less wheat in 2026 and dairy farmers' costs rose....

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Landlord's heartbreak as pub shuts down
Oct 7, 2026

Landlord's heartbreak as pub shuts down

Jon Dean, who ran The Alma Tavern in Worcester, said he has been crippled by rising costs and has had to let 15 staff go....

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India's central bank hikes interest rate to 5.5pc
Oct 7, 2026

India's central bank hikes interest rate to 5.5pc

The Indian central bank raised its benchmark repo rate by 25 basis points to 5.5 percent on Wednesday, marking the first rise in nearly four years amid mounting inflation and strong economic growth. ...

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Stocks flat as investors await signals from the Fed
Oct 7, 2026

Stocks flat as investors await signals from the Fed

Trading in local and regional markets was flat on Wednesday morning as investors turned their focus to the release of the Federal Reserve's September meeting minutes on Thursday. The Hang Seng Inde...

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EU unveils measures to curb high energy costs
Oct 7, 2026

EU unveils measures to curb high energy costs

High energy costs are putting growing pressure on European households and businesses, prompting the European Union to step up efforts to stabilize supplies, contain prices and reduce its reliance on i...

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Hong Kong retains position as world's freest economy, report finds
Oct 7, 2026

Hong Kong retains position as world's freest economy, report finds

Hong Kong has once again been ranked as the world's freest economy, according to the Economic Freedom of the World 2026 Annual Report released on Tuesday by the Fraser Institute....

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S$7 billion wiped off OCBC value as shares slide 5.2% in heavy trade
Oct 7, 2026

S$7 billion wiped off OCBC value as shares slide 5.2% in heavy trade

The lender is also the top traded stock by value...

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