https://www.businesstimes.com.sg/companies-markets/metas-rating-outlook-cut-negative-sp-ai-spending The Business Times en 2026-10-31T10:42:08+08:00 Meta’s rating outlook cut to negative by S&P on AI spending https://cassette.sphdigital.com.sg/image/businesstimes/f6625b6a8ca8bb7b81b7d6c90f740847686730b61c1fc7483efb3e107b65c3c8 Meta’s current AA- credit rating is the fourth-highest investment-grade score. Meta’s current AA- credit rating is the fourth-highest investment-grade score. https://www.businesstimes.com.sg/companies-markets/crypto-exchanges-call-quick-moves-bolster-defences-after-binance-heist The Business Times en 2026-10-31T09:51:14+08:00 Crypto exchanges call for quick moves to bolster defences after Binance heist https://cassette.sphdigital.com.sg/image/businesstimes/1ce409d8380aa06e9eb1a2aee6d01e3cbb25027047b73a94e1514618eb04d242 Binance, the world’s largest crypto exchange, has halted withdrawals after Thursday’s attack. Binance, the world’s largest crypto exchange, has halted withdrawals after Thursday’s attack. https://www.businesstimes.com.sg/companies-markets/oil-jumps-2-settles-6-month-highs-fears-escalation-iran The Business Times en 2026-10-31T08:36:15+08:00 Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran https://cassette.sphdigital.com.sg/image/businesstimes/9b3b14bc4bace4f66e6560fa17defa3aecb3afdc7d637ccacc4111b58aceace3 Brent crude futures for December settle up US$2.76 or 2.4% at US$117.64 a barrel, after touching a high of US$118.  Brent crude futures for December settle up US$2.76 or 2.4% at US$117.64 a barrel, after touching a high of US$118.  https://www.businesstimes.com.sg/companies-markets/europe-shares-stumble-end-best-month-june-ai-worries The Business Times en 2026-10-31T08:24:46+08:00 Europe: Shares stumble at end of best month since June on AI worries https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The pan-European Stoxx 600 index closes 0.4% lower at 646.75 points, despite recording its best month since June. The pan-European Stoxx 600 index closes 0.4% lower at 646.75 points, despite recording its best month since June. https://www.businesstimes.com.sg/companies-markets/us-wall-street-closes-sharply-lower-ai-cash-burn-fears-spark-tech-sell The Business Times en 2026-10-31T08:14:24+08:00 US: Wall Street closes sharply lower as AI cash burn fears spark tech sell-off https://cassette.sphdigital.com.sg/image/businesstimes/2ad07fca7ee1a7e818196dc3fb2bebb71b388010738dc5702aea633628d021c7 The S&P 500 and the Nasdaq log monthly losses, while the Dow exits October with a gain. The S&P 500 and the Nasdaq log monthly losses, while the Dow exits October with a gain. https://www.businesstimes.com.sg/lifestyle/2027-bmw-3-series-review-petrol-still-beats-electric-its-close?ai-allowed=1 The Business Times en 2026-10-31T07:00:00+08:00 2027 BMW 3 Series review: Petrol still beats electric, but it’s close https://cassette.sphdigital.com.sg/image/businesstimes/aa700802d7bc9bdfc67e962616792aaf356d4465c2f1876b4572cf66105b5b52 From the front, the M350 xDrive looks almost identical to the electric i3. From the front, the M350 xDrive looks almost identical to the electric i3. https://www.businesstimes.com.sg/opinion-features/aseans-fashion-trade-faces-new-survival-rules The Business Times en 2026-10-31T07:00:00+08:00 Asean’s fashion trade faces new survival rules https://cassette.sphdigital.com.sg/image/businesstimes/6415d25c8ef574eac39c3076ef2574289d9714729d417d7d2367a3d51f27d7f2 Consumer education and credible communication will support the fashion industry's transition towards greater sustainability. Consumer education and credible communication will support the fashion industry's transition towards greater sustainability. https://www.businesstimes.com.sg/companies-markets/chilli-crab-ritz-how-ai-shaking-mondelezs-singapore-snack-lab?ai-allowed=1 The Business Times en 2026-10-31T07:00:00+08:00 Chilli crab Ritz? How AI is shaking up Mondelez’s Singapore snack lab  https://cassette.sphdigital.com.sg/image/businesstimes/d91c008ef9755098c872b39553858ce816c02708730e38e1ae1b22248b6649aa A kaya butter-flavoured Ritz variant hit Indonesian stores in May this year. A kaya butter-flavoured Ritz variant hit Indonesian stores in May this year. https://www.businesstimes.com.sg/lifestyle/2026-bmw-i3-review-ev-could-shake-petrolhead-core?ai-allowed=1 The Business Times en 2026-10-31T07:00:00+08:00 2026 BMW i3 review: The EV that could shake a petrolhead to the core https://cassette.sphdigital.com.sg/image/businesstimes/6f301089c07b4c2dc6726e86674b430951ae961764dcea45fa31dc0816d7a953 The BMW i3 50 xDrive feels like a BMW in almost every respect. The BMW i3 50 xDrive feels like a BMW in almost every respect. https://www.businesstimes.com.sg/companies-markets/daiwa-house-logistics-trust-proposes-divest-dpl-sendai-port-buy-hiroshima-facility?ai-allowed=1 The Business Times en 2026-10-30T22:39:02+08:00 Daiwa House Logistics Trust proposes to divest DPL Sendai Port, buy Hiroshima facility https://cassette.sphdigital.com.sg/image/businesstimes/cd4aa800d3964e77950eaced42c5496df27267476989efd12e1bca9e1bab08f0 One of the trust’s properties is the DPL Ibaraki Yuki (above), located about 100 km from central Tokyo. One of the trust’s properties is the DPL Ibaraki Yuki (above), located about 100 km from central Tokyo. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-nasdaq-tumbles-open-amazon-intel-add-ai-spending-woes The Business Times en 2026-10-30T22:09:34+08:00 US stocks: Nasdaq tumbles at open as Amazon, Intel add to AI spending woes https://cassette.sphdigital.com.sg/image/businesstimes/733d92985898661b54fd011e7841559e06507b0766580ea6356a307f6400c0bc The Nasdaq Composite dropped 592.2 points, or 2.26 per cent, to 25,592.486 on Friday morning. The Nasdaq Composite dropped 592.2 points, or 2.26 per cent, to 25,592.486 on Friday morning. https://www.businesstimes.com.sg/international/eurozone-economy-surges-despite-surprise-slump-france The Business Times en 2026-10-30T21:30:02+08:00 Eurozone economy surges despite surprise slump in France https://cassette.sphdigital.com.sg/image/businesstimes/40e8cc3472604fe1b09644bbc77467ad5ed372a2c3a9f88da1b7064e26303352 Countries such Germany and Spain grew, Italy stagnated and France shrank by 0.1 per cent. Countries such Germany and Spain grew, Italy stagnated and France shrank by 0.1 per cent. https://www.businesstimes.com.sg/companies-markets/lendlease-global-reits-q1-committed-portfolio-occupancy-dips-94-4-amid-plq-mall-works?ai-allowed=1 The Business Times en 2026-10-30T20:54:06+08:00 Lendlease Global Reit’s Q1 committed portfolio occupancy dips to 94.4% amid PLQ Mall works https://cassette.sphdigital.com.sg/image/businesstimes/01d9962a16eae2e3c47bf2116fcb848aa3224e9910672673cca51ce89ad06432 The reconfiguration of some 16,000 sq ft of space at PLQ Mall is said to remain on track for completion by end-2026. The reconfiguration of some 16,000 sq ft of space at PLQ Mall is said to remain on track for completion by end-2026. https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-drops-below-us77000-binance-hack-shakes-crypto The Business Times en 2026-10-30T20:36:10+08:00 Bitcoin drops below US$77,000 as Binance hack shakes crypto https://cassette.sphdigital.com.sg/image/businesstimes/5ad29abc18e031aef57e9bc03d3a81d0f7ca4a7cc5dcd9e1b7757fc8487b8cd9 Bitcoin dropped as much as 3.1 per cent on Friday to fall as low as US$76,300. Bitcoin dropped as much as 3.1 per cent on Friday to fall as low as US$76,300. https://www.businesstimes.com.sg/esg/indonesia-philippines-and-vietnam-need-3-7-billion-development-finance-meet-climate-targets-report?ai-allowed=1 The Business Times en 2026-10-30T20:33:30+08:00 Indonesia, Philippines and Vietnam need $3.7 billion in development finance to meet climate targets: report https://cassette.sphdigital.com.sg/image/businesstimes/a08e30eec7c5ad505d5addd2110552b3b30a87633af68474dbda2942c542c426 The report says that Indonesia and Vietnam present opportunities for blended finance in the installation of rooftop solar panels. The report says that Indonesia and Vietnam present opportunities for blended finance in the installation of rooftop solar panels. https://www.businesstimes.com.sg/companies-markets/energy-commodities/nuclear-potential-data-centre-boom-may-be-addressed-new-asean-energy-masterplan?ai-allowed=1 The Business Times en 2026-10-30T20:04:14+08:00 Nuclear potential, data centre boom may be addressed in new Asean energy masterplan https://cassette.sphdigital.com.sg/image/businesstimes/85d11ed87a13b6ce1535e4a935fcaec54c9676eecbfa0d6cae466873d3936a78 Razib Dawood, executive director of the Asean Centre for Energy, said that it might eventually be possible for nuclear energy to be traded in the region. Razib Dawood, executive director of the Asean Centre for Energy, said that it might eventually be possible for nuclear energy to be traded in the region. https://www.businesstimes.com.sg/companies-markets/energy-commodities/exxonmobil-and-chevron-beat-estimates-oil-refining-profits-soar The Business Times en 2026-10-30T20:01:03+08:00 ExxonMobil and Chevron beat estimates as oil refining profits soar https://cassette.sphdigital.com.sg/image/businesstimes/79089c46382c03ee61377b1c5cc806bb38b0d15760f373985659dbcb9f0924c4 ExxonMobil’s refining division earned a record US$9.05 billion during Q3. Chevron refineries raked in US$4.93 billion in profit. ExxonMobil’s refining division earned a record US$9.05 billion during Q3. Chevron refineries raked in US$4.93 billion in profit. https://www.businesstimes.com.sg/companies-markets/transport-logistics/data-breach-exposes-personal-details-53000-cathay-pacific-passengers-other-major-airlines-hit?ai-allowed=1 The Business Times en 2026-10-30T19:37:45+08:00 Data breach exposes personal details of 53,000 Cathay Pacific passengers; other major airlines hit https://cassette.sphdigital.com.sg/image/businesstimes/565ac02655bfdfe8c5720a9c36dd4da040080d5d1a1d67a79287a42e53dac316 Cathay Pacific said that “a smaller subset of cases” involved the potential access of additional personal information including e-mail and phone contacts. Cathay Pacific said that “a smaller subset of cases” involved the potential access of additional personal information including e-mail and phone contacts. https://www.businesstimes.com.sg/newsletters/esg-insights/issue-218-potential-winners-singapores-grid-investment-plan-singapore-governance-code-review-reveals?ai-allowed=1 The Business Times en 2026-10-30T19:00:00+08:00 Issue 218: Potential winners in Singapore’s grid investment plan; Singapore governance code review reveals proposals https://cassette.sphdigital.com.sg/image/businesstimes/da6e043dd6bf58a952936ef2d2e3966e9a43f5709a9051d7987a882b4febc3cd Singapore expects peak electricity demand to grow between 15 and 51 per cent by 2031. Singapore expects peak electricity demand to grow between 15 and 51 per cent by 2031. https://www.businesstimes.com.sg/singapore/economy-policy/ai-may-boost-individual-productivity-undermine-workplace-innovation-panellists?ai-allowed=1 The Business Times en 2026-10-30T18:49:27+08:00 AI may boost individual productivity but undermine workplace innovation: panellists https://cassette.sphdigital.com.sg/image/businesstimes/6c45a348f949c46e54a53c57834784a3a0e7a5ba0d3791b4abdfa1f06edd0678 Speaking at the panel were (from left) Insead Thrive Lab’s academic director and panel moderator Winnie Jiang; the manpower ministry’s deputy secretary for workforce Kenny Tan, Google DeepMind’s head of organisational AI research Martin Gonzalez, and Insead’s professor of strategy Phanish Puranam. Speaking at the panel were (from left) Insead Thrive Lab’s academic director and panel moderator Winnie Jiang; the manpower ministry’s deputy secretary for workforce Kenny Tan, Google DeepMind’s head of organisational AI research Martin Gonzalez, and Insead’s professor of strategy Phanish Puranam. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-302?ai-allowed=1 The Business Times en 2026-10-30T18:30:40+08:00 Daily Debrief: What Happened Today (Oct 30) https://cassette.sphdigital.com.sg/image/businesstimes/b594b35759d26c6f4a2305b1c2f9e6d6932bc3ccbde0c8945fd2f021c262e700 Mapletree Investments has three S-Reits in its portfolio – Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust and Mapletree Industrial Trust.  Mapletree Investments has three S-Reits in its portfolio – Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust and Mapletree Industrial Trust.  https://www.businesstimes.com.sg/companies-markets/singapore-shares-fall-chip-stocks-take-beating-sti-down-0-4?ai-allowed=1 The Business Times en 2026-10-30T18:19:24+08:00 Singapore shares fall as chip stocks take a beating; STI down 0.4% https://cassette.sphdigital.com.sg/image/businesstimes/e8a91fb71abaebf774dbefb73bdfb38424be6c463dbc9eb25393240ba0413459 Shares of Alphabet, which owns Google, closed 12.6% lower at US$283.82 on Thursday – its biggest single-day loss since the company listed in 2004. Shares of Alphabet, which owns Google, closed 12.6% lower at US$283.82 on Thursday – its biggest single-day loss since the company listed in 2004. https://www.businesstimes.com.sg/lifestyle/two-decades-and-counting-rolex-pressing-its-support-tennis-china?ai-allowed=1 The Business Times en 2026-10-30T18:00:00+08:00 Two decades and counting: Rolex pressing on with its support of tennis in China https://cassette.sphdigital.com.sg/image/businesstimes/ca5aa66252767d9c38b517794a25e513fc543437318d644fedf13f96c3621c16 World No 3 player and seven-time Grand Slam winner Carlos Alcaraz was one of the headline stars of the recent Rolex Shanghai Masters. World No 3 player and seven-time Grand Slam winner Carlos Alcaraz was one of the headline stars of the recent Rolex Shanghai Masters. https://www.businesstimes.com.sg/podcasts/ai-spending-oil-and-rate-hikes-what-really-steering-markets?ai-allowed=1 The Business Times en 2026-10-30T17:46:00+08:00 AI spending, oil and rate hikes: What is really steering markets https://cassette.sphdigital.com.sg/image/businesstimes/05a7f86bc7adf5f9ad5c0bd76a70797f1000b9279a2405edf76d759240faf796 With inflation risks rising, can the Fed and ECB really afford to stay on hold, or is a December rate surprise inevitable? With inflation risks rising, can the Fed and ECB really afford to stay on hold, or is a December rate surprise inevitable? https://www.businesstimes.com.sg/companies-markets/energy-commodities/shell-lifts-buyback-us5-billion-refining-windfall-grows The Business Times en 2026-10-30T17:14:17+08:00 Shell lifts buyback to US$5 billion as refining windfall grows https://cassette.sphdigital.com.sg/image/businesstimes/de6beffc1122a32af87bc01e7505c3993bcedb235e5ead7a2e5f34e5c09476b9 Shell will repurchase US$5 billion of shares in the fourth quarter, up from US$3 billion previously. Shell will repurchase US$5 billion of shares in the fourth quarter, up from US$3 billion previously. https://www.businesstimes.com.sg/property/blackstone-said-plan-us1-9-billion-tokyo-office-sale The Business Times en 2026-10-30T17:11:52+08:00 Blackstone said to plan US$1.9 billion Tokyo office sale https://cassette.sphdigital.com.sg/image/businesstimes/0d1961dadb76a76967f86c64b1f192fff102dbf634d8f3d3367464ae3aae82f4 The deal would capitalise on strong demand for prime office space in Tokyo. The deal would capitalise on strong demand for prime office space in Tokyo. https://www.businesstimes.com.sg/property/temaseks-mapletree-investments-headed-sgx-ipo-2027-sources?ai-allowed=1 The Business Times en 2026-10-30T17:11:45+08:00 Temasek’s Mapletree Investments headed for SGX IPO in 2027: sources https://cassette.sphdigital.com.sg/image/businesstimes/66193dc107619b2dfe35a735c9cbe282ce0847c6a79e22dbd6fdcadb2778d7a1 Mapletree Investments has three S-Reits in its portfolio – Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust and Mapletree Industrial Trust. Mapletree Investments has three S-Reits in its portfolio – Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust and Mapletree Industrial Trust. https://www.businesstimes.com.sg/wealth/wealth-investing/unrest-europe-sparks-interest-singapore-family-office-hub-says-dbs-executive?ai-allowed=1 The Business Times en 2026-10-30T17:09:08+08:00 Unrest in Europe sparks interest in Singapore as a family office hub, says DBS executive https://cassette.sphdigital.com.sg/image/businesstimes/970450607cc049f57877333dd50a0f05ae0ae122a17b2817a8da22670ec69f58 Lee Woon Shiu, DBS’ head of wealth planning, family office and insurance solutions, says Singapore is a credible “Plan B” for European families. Lee Woon Shiu, DBS’ head of wealth planning, family office and insurance solutions, says Singapore is a credible “Plan B” for European families. https://www.businesstimes.com.sg/companies-markets/energy-commodities/bp-posts-highest-net-income-least-five-years The Business Times en 2026-10-30T16:43:28+08:00 BP posts highest net income in at least five years https://cassette.sphdigital.com.sg/image/businesstimes/a845fcb1da2d0309c05cedfd367f00a5990165f05688b30f396d884e29e8b044 The milestone marks another step in BP’s turnaround after an ill-fated push into renewables. The milestone marks another step in BP’s turnaround after an ill-fated push into renewables. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-ease-ai-driven-tech-selloff-deepens The Business Times en 2026-10-30T16:38:45+08:00 European shares ease as AI-driven tech selloff deepens https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index fell 0.25 per cent to 647.49 by 0809 GMT on Friday. The Stoxx 600 index fell 0.25 per cent to 647.49 by 0809 GMT on Friday. https://www.businesstimes.com.sg/property/pag-buy-51-stake-evergrande-property-services-us509-8-million The Business Times en 2026-10-30T16:13:11+08:00 PAG to buy 51% stake in Evergrande Property Services for US$509.8 million https://cassette.sphdigital.com.sg/image/businesstimes/25a49e9e193e26d35bf3778645ed8e895e03e1ae0f8d57515ea4b9dea802a0aa The acquisition marks a major step in liquidators’ efforts to sell assets and recover funds for creditors of China Evergrande Group. The acquisition marks a major step in liquidators’ efforts to sell assets and recover funds for creditors of China Evergrande Group. https://www.businesstimes.com.sg/companies-markets/who-are-some-longest-serving-ceos-among-singapores-blue-chip-companies?ai-allowed=1 The Business Times en 2026-10-30T16:04:41+08:00 Who are some of the longest-serving CEOs among Singapore’s blue-chip companies? https://cassette.sphdigital.com.sg/image/businesstimes/e32e49aee3a83f02ee1019f9ef1fb9ac6417b95dcc399a163cfcf9c35aea1bb6 SGX chief Loh Boon Chye’s eventual departure comes as the exchange seeks to build on renewed momentum in Singapore’s equities market. SGX chief Loh Boon Chye’s eventual departure comes as the exchange seeks to build on renewed momentum in Singapore’s equities market. https://www.businesstimes.com.sg/international/asean/anwar-cuts-deal-opposition-clear-2027-budget-hurdle The Business Times en 2026-10-30T15:43:19+08:00 Anwar cuts a deal with opposition to clear a 2027 budget hurdle https://cassette.sphdigital.com.sg/image/businesstimes/e73abacd98540ff5b09229dff119f1525e0b65eee4febb2207f7680240bf4901 Anwar Ibrahim’s Pakatan Harapan coalition has suffered setbacks in a succession of state elections. Anwar Ibrahim’s Pakatan Harapan coalition has suffered setbacks in a succession of state elections. https://www.businesstimes.com.sg/companies-markets/analysts-cut-target-price-wilmar-amid-regulatory-overhang-higher-raw-material-costs?ai-allowed=1 The Business Times en 2026-10-30T15:31:47+08:00 Analysts cut target price for Wilmar amid regulatory overhang, higher raw material costs https://cassette.sphdigital.com.sg/image/businesstimes/c4af06b8bd359b6547e23e91f66e4b995c43bd30d50b0fa6def0294e5b3ff856 Wilmar on Wednesday announced that it has reversed its loss in the year-ago period, reporting a Q3 profit of US$281 million for the period ended Sep 30. Wilmar on Wednesday announced that it has reversed its loss in the year-ago period, reporting a Q3 profit of US$281 million for the period ended Sep 30. https://www.businesstimes.com.sg/international/japan-scale-back-fuel-subsidies-iran-war-costs-mount The Business Times en 2026-10-30T15:26:15+08:00 Japan to scale back fuel subsidies as Iran war costs mount https://cassette.sphdigital.com.sg/image/businesstimes/4285e41a2956de4c30ca02cce59ff93de22e3810fcdbb4638144ffc74330d4fc The subsidy has kept retail petrol prices around 170 yen a litre, equivalent to about US$4.10 a gallon. The subsidy has kept retail petrol prices around 170 yen a litre, equivalent to about US$4.10 a gallon. https://www.businesstimes.com.sg/singapore/economy-policy/nearly-half-employers-using-ai-hr-deploy-it-recruitment-snef-survey?ai-allowed=1 The Business Times en 2026-10-30T15:00:00+08:00 Nearly half of employers using AI in HR deploy it for recruitment: SNEF survey https://cassette.sphdigital.com.sg/image/businesstimes/62e254496311e6707211837b54e082d5b33eb480af3b7a2516b1e3d8f028c01f Recruitment and selection are the most common applications of AI among employers using the technology in HR, a SNEF survey finds. Recruitment and selection are the most common applications of AI among employers using the technology in HR, a SNEF survey finds. https://www.businesstimes.com.sg/companies-markets/china-remains-mpacts-biggest-pain-divestment-hurdles-persist?ai-allowed=1 The Business Times en 2026-10-30T14:59:24+08:00 China remains MPACT’s ‘biggest pain’ as divestment hurdles persist https://cassette.sphdigital.com.sg/image/businesstimes/00a76e47b4ec928db80c68694e89a234663a299a9432d84987e94dc3d3569426 VivoCity recorded positive rental reversions of 15% and maintained full committed occupancy in H1, while tenant sales grew 4.1% year on year. VivoCity recorded positive rental reversions of 15% and maintained full committed occupancy in H1, while tenant sales grew 4.1% year on year. https://www.businesstimes.com.sg/international/us-plans-ban-chinese-telecom-firms-direct-access-us-phone-numbers The Business Times en 2026-10-30T14:47:40+08:00 US plans to ban Chinese telecom firms from direct access to US phone numbers https://cassette.sphdigital.com.sg/image/businesstimes/eb48f54a71285b3420e782bf6ac31840de9f4607f87c90746363e8d9ae374294 The FCC has previously barred China Mobile, China Telecom and China Unicom from providing ​international telecommunications services to the US. The FCC has previously barred China Mobile, China Telecom and China Unicom from providing ​international telecommunications services to the US. https://www.businesstimes.com.sg/wealth/wealth-investing/dbs-survey-finds-risk-readiness-gaps-family-offices-wealth-transfer-efforts?ai-allowed=1 The Business Times en 2026-10-30T14:30:00+08:00 DBS survey finds risk-readiness gaps in family offices’ wealth-transfer efforts https://cassette.sphdigital.com.sg/image/businesstimes/1eeb0c470cc537143dcd38871e59130b95eba720af340533f57543170c5982d7 A person holding a piggy bank to symbolise wealth and money. For 43% of respondents, the next generation is not involved in wealth planning at all. https://www.businesstimes.com.sg/international/asean/thailands-september-factory-output-rises-2-05-yy-lower-forecast The Business Times en 2026-10-30T14:25:52+08:00 Thailand’s September factory output rises 2.05% y/y, lower than forecast https://cassette.sphdigital.com.sg/image/businesstimes/f755be0eb91ac2617f26b84fb8d8da95fcf53afc5ed338eb318c552311cec6b2 Workers at a small factory that produces parts for internal combustion engine vehicles in Samut Prakan, Thailand, Sep 23, 2026. Workers at a small factory that produces parts for internal combustion engine vehicles in Samut Prakan, Thailand, Sep 23, 2026. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-declares-victory-hitting-price-target-signals-near-term-hikes The Business Times en 2026-10-30T14:05:20+08:00 Bank of Japan declares victory in hitting price target, signals near-term hikes https://cassette.sphdigital.com.sg/image/businesstimes/0d033bce817e8484d9b06fdd96df2dcba63ba8e7d68d815f8921081a62bca61e Declaring victory on the 2% inflation target marks a turning point for the BOJ, which has spent most of its history battling low or negative price growth. Declaring victory on the 2% inflation target marks a turning point for the BOJ, which has spent most of its history battling low or negative price growth. https://www.businesstimes.com.sg/opinion-features/singapore-designing-hotter-future-can-it-beat-heat?ai-allowed=1 The Business Times en 2026-10-30T14:00:00+08:00 Singapore is designing for a hotter future, but can it beat the heat? https://cassette.sphdigital.com.sg/image/businesstimes/306e9e1ce7511146d06e4d535e424b0cfa6e99b2f9b8cea98df40580e216e6dd While Singapore’s heat mitigation solutions are largely mature, the challenge now lies in integrating them effectively at scale. While Singapore’s heat mitigation solutions are largely mature, the challenge now lies in integrating them effectively at scale. https://www.businesstimes.com.sg/companies-markets/dbs-remains-aseans-most-valuable-brand-grab-among-fastest-growing-report?ai-allowed=1 The Business Times en 2026-10-30T13:51:24+08:00 DBS remains Asean’s most valuable brand; Grab among fastest-growing: report https://cassette.sphdigital.com.sg/image/businesstimes/712b726f29865082a08fb1a3530b3d822ee6c44b602f80b18a17fcda6fc2b7b3 Singapore leads the region by total brand value, with 88 brands worth a combined US$84.1 billion. Singapore leads the region by total brand value, with 88 brands worth a combined US$84.1 billion. https://www.businesstimes.com.sg/companies-markets/adb-expands-singapore-presence-draw-more-private-capital-asian-projects?ai-allowed=1 The Business Times en 2026-10-30T13:23:04+08:00 ADB expands Singapore presence to draw more private capital into Asian projects https://cassette.sphdigital.com.sg/image/businesstimes/15287757acf295bdf3497c735f66b76f21446578f2f026dbffcee310b0c44c71 image of singapore skyline ADB expects family offices, which have seen significant growth in Singapore, to play a larger role in financing regional development. https://www.businesstimes.com.sg/international/asean/state-backed-south-east-asia-budget-carriers-handle-elevated-fuel-prices-better?ai-allowed=1 The Business Times en 2026-10-30T13:11:54+08:00 State-backed South-east Asia budget carriers handle elevated fuel prices better https://cassette.sphdigital.com.sg/image/businesstimes/7e8878f5d3e7d90f588cf313506f1a86fc475337d54d635fb85ec11050d574ca Scoot’s operating ⁠loss balloons to S$32 million for the quarter ended Jun 30, from S$17 million a year earlier, as passenger unit cost rose 21.7%. Scoot’s operating ⁠loss balloons to S$32 million for the quarter ended Jun 30, from S$17 million a year earlier, as passenger unit cost rose 21.7%. https://www.businesstimes.com.sg/international/asean/us-owned-startup-plans-us600-million-malaysia-rare-earth-refinery The Business Times en 2026-10-30T13:00:12+08:00 US-owned startup plans US$600 million Malaysia rare earth refinery https://cassette.sphdigital.com.sg/image/businesstimes/47c41238dec611a5fadbafc5fb1e331956b2db5848b53ce3c9e63b119a5b857c DTEC Mineral and Metal Technology ultimately aims to build two facilities in Malaysia, which will expand the country’s role in the rare earth industry. DTEC Mineral and Metal Technology ultimately aims to build two facilities in Malaysia, which will expand the country’s role in the rare earth industry. https://www.businesstimes.com.sg/companies-markets/nvidia-ceo-says-ties-singapore-firm-under-spying-probe-were-normal The Business Times en 2026-10-30T12:15:46+08:00 Nvidia CEO says ties to Singapore firm under spying probe were ‘normal’ https://cassette.sphdigital.com.sg/image/businesstimes/c640a9fdac12ffb701ff3dbc3d1d35f45ddce4b7955552142cea02b67247b681 Nvidia checked to ensure that Megaspeed did not illegally send its AI processors to China, said CEO Jensen Huang on Oct 29. Nvidia checked to ensure that Megaspeed did not illegally send its AI processors to China, said CEO Jensen Huang on Oct 29. https://www.businesstimes.com.sg/opinion-features/how-human-should-ai-agent-seem The Business Times en 2026-10-30T12:00:00+08:00 How human should an AI agent seem? https://cassette.sphdigital.com.sg/image/businesstimes/1f0b39759a82f81dca9c6fec37dc0d9d29ce657fb948124fc2a0c55d2a677f1c An AI agent that acts on a human user’s behalf raises questions about authority, oversight and accountability. An AI agent that acts on a human user’s behalf raises questions about authority, oversight and accountability. https://www.businesstimes.com.sg/singapore/economy-policy/insead-gets-us3-million-google-backing-new-lab-study-ais-impact-work-and-life?ai-allowed=1 The Business Times en 2026-10-30T12:00:00+08:00 Insead gets US$3 million Google backing for new lab to study AI’s impact on work and life https://cassette.sphdigital.com.sg/image/businesstimes/bd2e2156f95c35788ebbdae4f4ad37dd67a02628e4d94cfd45491bf6e5c0dbbb Winnie Jiang (far right), an associate professor of organisational behaviour at Insead’s Singapore campus, will serve as the lab’s academic director. Winnie Jiang (far right), an associate professor of organisational behaviour at Insead’s Singapore campus, will serve as the lab’s academic director. https://www.businesstimes.com.sg/wealth/crypto-alternative-assets/binance-estimates-us6-3-billion-hacked-cryptos-biggest-heist The Business Times en 2026-10-30T11:45:50+08:00 Binance estimates US$6.3 billion hacked in crypto’s biggest heist https://cassette.sphdigital.com.sg/image/businesstimes/cba6eb5a8089dc62786017316798039e413f3bb9d5dc9d7aa44e1d0577160bb7 The world’s largest crypto trading platform suspended all withdrawals on Friday and pledged to cover all losses.  The world’s largest crypto trading platform suspended all withdrawals on Friday and pledged to cover all losses.  https://www.businesstimes.com.sg/startups-tech/technology/big-techs-us750-billion-ai-bet-collides-slowing-growth-core-businesses The Business Times en 2026-10-30T11:04:56+08:00 Big Tech’s US$750 billion AI bet collides with slowing growth in core businesses https://cassette.sphdigital.com.sg/image/businesstimes/93ad74dc9d0b68898c565417c5443f21000ac0f4a1bcb563eadd50002b1a6eba To stay relevant as chatbots get popular, Google wove more AI into its search engine. The popularity of that feature has hurt the profitability of Google Search. To stay relevant as chatbots get popular, Google wove more AI into its search engine. The popularity of that feature has hurt the profitability of Google Search. https://www.businesstimes.com.sg/international/asean/tuas-power-explore-importing-500-mw-year-hydropower-laos?ai-allowed=1 The Business Times en 2026-10-30T11:00:00+08:00 Tuas Power to explore importing up to 500 MW a year of hydropower from Laos https://cassette.sphdigital.com.sg/image/businesstimes/2b9cb3aa82f1b8c892d28e48234500d69c27ff6fd2c47abea23d305d649e22c6 The planned energy import arrangement is the subject of an MOU signed by (seated, from left) Souksavart Sosouphanh, managing director of Electricite de Laos; Somlath Mek Akath, managing director of Phongsupthavy Group; and Michael Wong, chief operating officer of Tuas Power. The planned energy import arrangement is the subject of an MOU signed by (seated, from left) Souksavart Sosouphanh, managing director of Electricite de Laos; Somlath Mek Akath, managing director of Phongsupthavy Group; and Michael Wong, chief operating officer of Tuas Power. https://www.businesstimes.com.sg/international/asean/can-affordable-luxury-survive-and-thrive-vietnam?ai-allowed=1 The Business Times en 2026-10-30T10:41:05+08:00 Can ‘affordable luxury’ survive – and thrive – in Vietnam? https://cassette.sphdigital.com.sg/image/businesstimes/c8caa2ba122deea6e246c62bc4018f07e58cee32ed8ac5ca6de5a1baf1881c93 Interior of The Capital Grille.  The US steakhouse chain opened at Ho Chi Minh City’s Bitexco Financial Tower in September 2026.  Experts say the “affordable luxury” trend is most visible in premium bubble tea, speciality coffee, beauty products, apparel and experiential dining. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-q3-retrenchments-rise-4800-resident-unemployment-edges-3-flash-data?ai-allowed=1 The Business Times en 2026-10-30T10:30:48+08:00 Singapore Q3 retrenchments rise to 4,800; resident unemployment edges up to 3%: flash data https://cassette.sphdigital.com.sg/image/businesstimes/62c57745abe6447f7bbcc26afaa082920a7e3096bbcefca291b2196d9ece4e67 Total employment grew by 27,700 in Q3, higher than the growth of 11,400 seen in Q2, and up by 10.4% year on year. Total employment grew by 27,700 in Q3, higher than the growth of 11,400 seen in Q2, and up by 10.4% year on year. https://www.businesstimes.com.sg/international/warshs-forward-silence-risks-bigger-treasury-market-swings The Business Times en 2026-10-30T10:19:07+08:00 Warsh’s ‘forward silence’ risks bigger treasury market swings https://cassette.sphdigital.com.sg/image/businesstimes/a45305777501f2f795e81f4d808106d65922de3ae807be54de6e847b29293094 The move may increase market turbulence, as bigger gaps between decisions could mean the Fed will need to occasionally deliver larger rate cuts or hikes. The move may increase market turbulence, as bigger gaps between decisions could mean the Fed will need to occasionally deliver larger rate cuts or hikes. https://www.businesstimes.com.sg/companies-markets/aem-tumbles-8-6-along-singapore-and-regional-peers-following-alphabets-record-plunge?ai-allowed=1 The Business Times en 2026-10-30T10:04:09+08:00 AEM tumbles 8.6% along with Singapore and regional peers following Alphabet’s record plunge https://cassette.sphdigital.com.sg/image/businesstimes/7057ba4234dd18205e6384471b9f973c79dfc9f613104ecaac743e6f912ef498 Shares of Alphabet slid over 12% after its third-quarter revenue of US$127.6 billion came in below expectations. Shares of Alphabet slid over 12% after its third-quarter revenue of US$127.6 billion came in below expectations. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-drops-near-us4000-hot-inflation-tech-stock-sell The Business Times en 2026-10-30T09:55:00+08:00 Gold drops to near US$4,000 on hot inflation, tech stock sell-off https://cassette.sphdigital.com.sg/image/businesstimes/5278943b83e03dfdd3cf83b26fe3d510645e33eea2b69ec2935e46bca65cedc5 Bullion dropped as much as 0.6% after shedding almost twice that in the previous session.  Bullion dropped as much as 0.6% after shedding almost twice that in the previous session.  https://www.businesstimes.com.sg/startups-tech/technology/my-ultimate-dream-bit-matrix-woman-bringing-next-gen-home-help-robots-life The Business Times en 2026-10-30T09:41:36+08:00 ‘My ultimate dream is a bit like The Matrix’: The woman bringing next gen home-help robots to life https://cassette.sphdigital.com.sg/image/businesstimes/e780afde01c999578128d40bf88df3471c07f0ccab4360708daf370fc7187fc9 Home robots may need a higher level of dexterity and sensitivity than factory machines, said a professor at the Massachusetts Institute of Technology. Home robots may need a higher level of dexterity and sensitivity than factory machines, said a professor at the Massachusetts Institute of Technology. https://www.businesstimes.com.sg/singapore/fti-consulting-wongpartnership-among-seven-members-specialist-panel-haze-probes?ai-allowed=1 The Business Times en 2026-10-30T09:00:00+08:00 FTI Consulting, WongPartnership among seven members on specialist panel for haze probes https://cassette.sphdigital.com.sg/image/businesstimes/82111ec98513915fc3f8f02bea29d6d020391ae4138fe1dfd12a86a7859f8830 Senior Minister K Shanmugam (left, centre) at a meeting with the senior leadership of Singaporean companies allegedly linked to haze-related activities. Senior Minister K Shanmugam (left, centre) at a meeting with the senior leadership of Singaporean companies allegedly linked to haze-related activities. https://www.businesstimes.com.sg/international/japans-beleaguered-shoppers-are-worry-convenience-stores-and-economy The Business Times en 2026-10-30T08:50:34+08:00 Japan's beleaguered shoppers are a worry for convenience stores and the economy https://cassette.sphdigital.com.sg/image/businesstimes/b14df1747d29b9090ceada76304a23e956a361df116edbc136423487393934f7 The Japanese consumer’s desire to save has grown more than anticipated, said Seiji Kitamura, head of group merchandising strategy at 7-Eleven owner Seven & i. The Japanese consumer’s desire to save has grown more than anticipated, said Seiji Kitamura, head of group merchandising strategy at 7-Eleven owner Seven & i. https://www.businesstimes.com.sg/companies-markets/sheng-siong-q3-profit-1-9-s44-6-million?ai-allowed=1 The Business Times en 2026-10-30T08:45:58+08:00 Sheng Siong Q3 profit up 1.9% at S$44.6 million https://cassette.sphdigital.com.sg/image/businesstimes/989b60e0582444f1216852e1f1b50e855b268505c4aa7537bc953480fd6cf266 Sheng Siong supermarket located in Woodleigh, Singapore. Sheng Siong currently has 92 stores in Singapore, up from 84 stores in Q3 2025. https://www.businesstimes.com.sg/companies-markets/stocks-watch-clar-seatrium-sheng-siong-mpact-netlink-nbn-starhill-global-reit?ai-allowed=1 The Business Times en 2026-10-30T08:28:41+08:00 Stocks to watch: Clar, Seatrium, Sheng Siong, MPACT, NetLink NBN, Starhill Global Reit https://cassette.sphdigital.com.sg/image/businesstimes/98129b9e565c519e93916e44b8c5ad9938bf1f474f93e072d8939432ea797e29 Clar on Thursday recorded higher rental reversion in the third quarter of 2026 amid its drive to reshape its industrial portfolio. Clar on Thursday recorded higher rental reversion in the third quarter of 2026 amid its drive to reshape its industrial portfolio. https://www.businesstimes.com.sg/companies-markets/mpact-q2-dpu-falls-3-5-s0-0194-weaker-overseas-contributions?ai-allowed=1 The Business Times en 2026-10-30T08:03:57+08:00 MPACT Q2 DPU falls 3.5% to S$0.0194 on weaker overseas contributions https://cassette.sphdigital.com.sg/image/businesstimes/00a76e47b4ec928db80c68694e89a234663a299a9432d84987e94dc3d3569426 VivoCity, which recently underwent refurbishment works at Basement 2, continues to underpin stability for the real estate investment trust. VivoCity, which recently underwent refurbishment works at Basement 2, continues to underpin stability for the real estate investment trust. https://www.businesstimes.com.sg/international/iran-receives-vance-letter-signals-no-shift-peace-deal-terms The Business Times en 2026-10-30T07:05:29+08:00 Iran receives Vance letter, signals no shift in peace deal terms https://cassette.sphdigital.com.sg/image/businesstimes/e752b31af19a57db768c997751d3418e9fb2e9436e76f4a7e1057b8d46f8c6c2 Iran's Parliament Speaker Mohammad Bagher Ghalibaf added that conditions have been “repeatedly and clearly stated” to mediators. Iran's Parliament Speaker Mohammad Bagher Ghalibaf added that conditions have been “repeatedly and clearly stated” to mediators. https://www.businesstimes.com.sg/international/global/rise-student-hostels-helps-add-fuel-hong-kong-property-boom?ai-allowed=1 The Business Times en 2026-10-30T07:00:00+08:00 Rise of student hostels helps add fuel to Hong Kong property boom https://cassette.sphdigital.com.sg/image/businesstimes/87742fa816bf4ed9a5c8bffeefe0cd71248bb692d1572f236a9ad157d2a6b219 Some international schools and tertiary education institutions have inked several of Hong Kong’s largest leasing deals in recent years.  Some international schools and tertiary education institutions have inked several of Hong Kong’s largest leasing deals in recent years.  https://www.businesstimes.com.sg/opinion-features/could-seasoning-period-after-ipos-help-newly-listed-companies The Business Times en 2026-10-30T07:00:00+08:00 Could a ‘seasoning period’ after IPOs help newly listed companies? https://cassette.sphdigital.com.sg/image/businesstimes/3469680fc516bdd99c8d24b010fd5b0db65eae5d6232d7e9ce6d1162899f4635 The Singapore Exchange logo outside the SGX Building. The Singapore Exchange and the Monetary Authority of Singapore could consider a three-month period when short-selling is restricted and “uptick rules” apply. https://www.businesstimes.com.sg/singapore/limited-tax-liability-challenges-beyond-funds-could-constrain-senior-work-recommendations-observers?ai-allowed=1 The Business Times en 2026-10-30T07:00:00+08:00 Limited tax liability, challenges beyond funds could constrain senior work recommendations: observers https://cassette.sphdigital.com.sg/image/businesstimes/d8b10aec3fb203cbee318017e9ee3eb9013a3f68167be372af5a3c0ff0157057 It is also worthwhile to look at how flexible work will fit with current employment regulations and frameworks, says Prof Walter Theseira. It is also worthwhile to look at how flexible work will fit with current employment regulations and frameworks, says Prof Walter Theseira. https://www.businesstimes.com.sg/companies-markets/intel-plunges-after-pc-slump-and-supply-snags-hurt-outlook The Business Times en 2026-10-30T06:41:58+08:00 Intel plunges after PC slump and supply snags hurt outlook https://cassette.sphdigital.com.sg/image/businesstimes/d23e09755f744257a0bd08df1070bc110eee443d27989bacea7657a395a4f415 “Intel’s earnings highlight the challenges the company faces in pushing its recent turnaround into a sustained recovery,” Emarketer senior analyst Asa Hiken said. “Intel’s earnings highlight the challenges the company faces in pushing its recent turnaround into a sustained recovery,” Emarketer senior analyst Asa Hiken said. https://www.businesstimes.com.sg/companies-markets/amazon-slides-light-q4-sales-estimates-high-cash-burn The Business Times en 2026-10-30T06:21:13+08:00 Amazon slides on light Q4 sales estimates, high cash burn https://cassette.sphdigital.com.sg/image/businesstimes/d4a37301247ba5a47e53b7d557a5389b6c0004baf3660ab856d7af85f994cd0f Like rivals, Amazon has made a huge spending commitment to developing AI software and infrastructure. Like rivals, Amazon has made a huge spending commitment to developing AI software and infrastructure. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-gains-signs-us-may-resume-military-strikes-against-iran The Business Times en 2026-10-30T06:09:21+08:00 Oil gains on signs US may resume military strikes against Iran https://cassette.sphdigital.com.sg/image/businesstimes/8e0dc4e52451b6a05b24fd5e622b4ec527968b2c54e329062ef95276666b166c Brent futures for December, which expire later on Oct 30, climbed towards US$117 a barrel, while the more-active January contract was above US$112.  Brent futures for December, which expire later on Oct 30, climbed towards US$117 a barrel, while the more-active January contract was above US$112.  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-close-seven-week-high-after-ecb-pause-lagarde-resigns The Business Times en 2026-10-30T06:03:49+08:00 European shares close at seven-week high after ECB pause; Lagarde resigns https://cassette.sphdigital.com.sg/image/businesstimes/745b560285a0503bbc70d2a3ea0f59cf0949d0cc23ec9e35d1521627c6447fbb Markets mulled European Central Bank President Christine Lagarde’s decision to step down, sparking speculation on her successor. Markets mulled European Central Bank President Christine Lagarde’s decision to step down, sparking speculation on her successor. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-lower-alphabet-revenue-miss-revives-ai-capex-jitters The Business Times en 2026-10-30T05:57:57+08:00 Wall Street ends lower as Alphabet revenue miss revives AI capex jitters https://cassette.sphdigital.com.sg/image/businesstimes/b1cd45343978fc99548a2170455a8d2bedcff64ff9ea5341f2fb10edd2b05785 Semiconductor stocks snapped their four-day winning streak. Semiconductor stocks snapped their four-day winning streak. https://www.businesstimes.com.sg/international/microsoft-looks-raise-least-us25-billion-us-bond-sale?ai-allowed=1 The Business Times en 2026-10-29T22:12:01+08:00 Microsoft looks to raise at least US$25 billion from US bond sale https://cassette.sphdigital.com.sg/image/businesstimes/0b191c8b64efb218ead5ddf9bf1902adc19adaac97a133b0227442578b5ad57a Microsoft is selling the debt in as many as 10 tranches, with maturities ranging from two to 40 years, sources said. Microsoft is selling the debt in as many as 10 tranches, with maturities ranging from two to 40 years, sources said. https://www.businesstimes.com.sg/international/ecb-holds-rates-lagarde-exit-compounds-alarm-over-oil-france?ai-allowed=1 The Business Times en 2026-10-29T21:56:33+08:00 ECB holds rates as Lagarde exit compounds alarm over oil, France https://cassette.sphdigital.com.sg/image/businesstimes/1d7a5d8cfc18d5acd3f7f3ec641d4b57e4442b6ae20caa3099bca802dc2cf9ea On borrowing costs, the ECB is biding its time, having hiked twice since the Iran war jolted energy markets. On borrowing costs, the ECB is biding its time, having hiked twice since the Iran war jolted energy markets. https://www.businesstimes.com.sg/international/ecb-president-christine-lagarde-resigns-time-mounting-challenges-europe?ai-allowed=1 The Business Times en 2026-10-29T21:24:43+08:00 ECB president Christine Lagarde resigns at time of mounting challenges for Europe https://cassette.sphdigital.com.sg/image/businesstimes/1e10b7ef92afab0631b4959650ab59b168389ca97fc2e7abda630b2f83114de9 ECB president Christine Lagarde’s term was scheduled to run until the end of October 2027, but speculation about an early departure had been mounting for months. ECB president Christine Lagarde’s term was scheduled to run until the end of October 2027, but speculation about an early departure had been mounting for months. https://www.businesstimes.com.sg/companies-markets/netlink-nbn-trust-posts-1-1-increase-h1-dpu-s0-0274?ai-allowed=1 The Business Times en 2026-10-29T20:28:37+08:00 NetLink NBN Trust posts 1.1% increase in H1 DPU to S$0.0274 https://cassette.sphdigital.com.sg/image/businesstimes/994c830389b789504fe84493b63416458aa3690f3db816900973aba41e1b404c Netlink’s trustee-manager noted that ongoing cost pressures may weigh on the fibre network operator’s Ebitda margin. Netlink’s trustee-manager noted that ongoing cost pressures may weigh on the fibre network operator’s Ebitda margin. https://www.businesstimes.com.sg/international/global/jios-blockbuster-debut-puts-valuation-earnings-focus?ai-allowed=1 The Business Times en 2026-10-29T20:06:39+08:00 Jio’s blockbuster debut puts valuation, earnings in focus https://cassette.sphdigital.com.sg/image/businesstimes/73a862c1554993f30c6230d438eeda0500f69bf24ecc515645607c448b66fee0 A view of a Jio pole kiosk on a street in Mumbai, India. Jio Platforms extended its post-listing gains on Oct 29. Investors will be looking for evidence that Jio can turn its vast subscriber base and expanding digital businesses into stronger earnings and cash flow. https://www.businesstimes.com.sg/singapore/singapore-government-slaps-loan-curbs-individual-private-hire-car-buyers?ai-allowed=1 The Business Times en 2026-10-29T20:00:00+08:00 Singapore government slaps loan curbs on individual private-hire car buyers https://cassette.sphdigital.com.sg/image/businesstimes/35b2b50a423da703a230be0b82e320f83f449d030ff3d223c925a878dc074c40 The loan restrictions will not apply to commercial vehicles (including goods vehicles and buses), PHCs owned by businesses, or motorcycles. The loan restrictions will not apply to commercial vehicles (including goods vehicles and buses), PHCs owned by businesses, or motorcycles. https://www.businesstimes.com.sg/international/euro-stable-against-greenback-ahead-ecb-decision-investors-adjust-fed-view?ai-allowed=1 The Business Times en 2026-10-29T19:59:49+08:00 Euro stable against greenback ahead of ECB decision; investors adjust Fed view https://cassette.sphdigital.com.sg/image/businesstimes/b5161889e4d87ee38e2d911ee81dc261ab0140740be8e0e988d2b3a5c5ec32db ECB president Christine Lagarde’s decision to step down prematurely is likely to overshadow the central bank’s interest-rate decision. ECB president Christine Lagarde’s decision to step down prematurely is likely to overshadow the central bank’s interest-rate decision. https://www.businesstimes.com.sg/companies-markets/starhill-global-reits-net-property-income-2-3-s38-8-million-q1-fy2027?ai-allowed=1 The Business Times en 2026-10-29T19:59:46+08:00 Starhill Global Reit’s net property income up 2.3% at S$38.8 million in Q1 FY2027 https://cassette.sphdigital.com.sg/image/businesstimes/f912f958ffe21378c8a63825cf2a2352fbf0c61d6a1126ff259d619a40b5bf83 Profit is partially offset by loss of contribution from divested Wisma Atria office strata units, and lower contributions from the Wisma Atria property (retail). Profit is partially offset by loss of contribution from divested Wisma Atria office strata units, and lower contributions from the Wisma Atria property (retail). https://www.businesstimes.com.sg/international/asean/malaysias-big-caring-eyes-singapore-expansion-yms-buyout-ahead-ipo?ai-allowed=1 The Business Times en 2026-10-29T19:56:52+08:00 Malaysia’s Big Caring eyes Singapore expansion with YMS buyout ahead of IPO https://cassette.sphdigital.com.sg/image/businesstimes/a98346df150326da18ac6005e15fb169a8c5021850683f9e8e48b838e3d8f937 From left: UBS Securities Malaysia managing director ⁠and head of global banking Lee Han Ping; RHB Investment Bank CEO ⁠Kevin Davies, Big Caring executive director Lim Sin Yin; Big Caring independent non-executive chairman Dr Noor Hisham Abdullah; Big Caring CEO and managing director Lee Meng Chuan; Maybank global banking group CEO John Chong; and AmInvestment Bank CEO Christopher Ng. Malaysia’s largest retail pharmacy chain has launched an IPO prospectus. https://www.businesstimes.com.sg/companies-markets/mainboard-newbie-mi-material-reports-q3-adjusted-profit-after-tax-us11-4-million?ai-allowed=1 The Business Times en 2026-10-29T19:48:04+08:00 Mainboard newbie Mi Material reports Q3 adjusted profit after tax of US$11.4 million https://cassette.sphdigital.com.sg/image/businesstimes/f1acbe967f163da9c3db8842809e4e6f3e5ebd538310780abef8ddd1ecf710b4 Mi Material CEO and executive director Kevin Tan says the company is entering what is traditionally its strongest quarter. Mi Material CEO and executive director Kevin Tan says the company is entering what is traditionally its strongest quarter. https://www.businesstimes.com.sg/companies-markets/reits-property/capitaland-ascendas-reit-scores-higher-rental-reversion-q3-occupancy-also?ai-allowed=1 The Business Times en 2026-10-29T19:15:51+08:00 CapitaLand Ascendas Reit scores higher rental reversion in Q3; occupancy also up https://cassette.sphdigital.com.sg/image/businesstimes/98129b9e565c519e93916e44b8c5ad9938bf1f474f93e072d8939432ea797e29 Kim Chuan Telecommunications Complex at 38 Kim Chuan Road is among three Singapore properties Clar plans to divest. Kim Chuan Telecommunications Complex at 38 Kim Chuan Road is among three Singapore properties Clar plans to divest. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-292?ai-allowed=1 The Business Times en 2026-10-29T18:45:00+08:00 Daily Debrief: What Happened Today (Oct 29) https://cassette.sphdigital.com.sg/image/businesstimes/b173fd0d60669763b05fedbd7fb91fc086478fadf80738b4c4e7f6a6674c8bf9 The US Federal Reserve has kept the Fed funds target rate unchanged at 3.75% to 4%. The US Federal Reserve has kept the Fed funds target rate unchanged at 3.75% to 4%. https://www.businesstimes.com.sg/international/asean/singapore-smes-investments-malaysia-handled-stanchart-quadrupled-past-year?ai-allowed=1 The Business Times en 2026-10-29T18:42:56+08:00 Singapore SMEs’ investments into Malaysia handled by StanChart quadrupled in past year https://cassette.sphdigital.com.sg/image/businesstimes/7e76beb42d71290203664067523e3f572440bcf2a5cf303c84068068704190da Standard Chartered’s Teresa Tah says SMEs expanding across the border needed support beyond financing, including in local market knowledge and links to business-service partners. Standard Chartered’s Teresa Tah says SMEs expanding across the border needed support beyond financing, including in local market knowledge and links to business-service partners. https://www.businesstimes.com.sg/property/hong-leong-tid-place-top-bid-s181-86-million-or-s1755-psf-ppr-orchard-plot?ai-allowed=1 The Business Times en 2026-10-29T18:22:39+08:00 Hong Leong, TID place top bid of S$181.86 million or S$1,755 psf ppr for Orchard plot https://cassette.sphdigital.com.sg/image/businesstimes/1312b59ec90cfbf0a117beb18f106e7575bf9c1abef0b9cb5f51e3e0fbf6ee7e The Orchard Boulevard site can yield about 110 private homes. The Orchard Boulevard site can yield about 110 private homes. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-amid-mixed-regional-showing-sti-closes-almost-flat?ai-allowed=1 The Business Times en 2026-10-29T18:08:22+08:00 Singapore stocks fall amid mixed regional showing; STI down 0.03% https://cassette.sphdigital.com.sg/image/businesstimes/645911eb6df5790002738f73e68d24e08887a9a9d25fa620b0edc61cbeb74953 The three local banks ended mixed on Thursday. The three local banks ended mixed on Thursday. https://www.businesstimes.com.sg/lifestyle/food-drink/beachside-italian-fico-sentosa?ai-allowed=1 The Business Times en 2026-10-29T18:00:00+08:00 Beachside Italian at Fico in Sentosa https://cassette.sphdigital.com.sg/image/businesstimes/d2d7df7dc3e62b89fa7370bd8d60c11e21a412c09e6675c51948be907ff93c80 Fico at Tanjong Beach Club is an offshoot of the original Fico Masseria in East Coast Park. Fico at Tanjong Beach Club is an offshoot of the original Fico Masseria in East Coast Park. https://www.businesstimes.com.sg/international/toyota-monthly-sales-fall-china-slump-enters-eighth-month?ai-allowed=1 The Business Times en 2026-10-29T17:39:29+08:00 Toyota monthly sales fall as China slump enters eighth month https://cassette.sphdigital.com.sg/image/businesstimes/de64ba36e3eeee1135d7de113e0128c50db4956b8f95f5fc1484a86740564c1d Toyota had forecast a rare drop earlier this year, as it braced for higher raw material costs stemming from the conflict in the Middle East. Toyota had forecast a rare drop earlier this year, as it braced for higher raw material costs stemming from the conflict in the Middle East. https://www.businesstimes.com.sg/international/europes-earnings-growth-rival-us-first-time-years?ai-allowed=1 The Business Times en 2026-10-29T17:14:48+08:00 Europe’s earnings growth to rival US for the first time in years https://cassette.sphdigital.com.sg/image/businesstimes/27d2054581d9593998b7ef3735910c313ded6a30921e4e9f42e97a28d1949ebd The Stoxx Europe 600 Index is on track to outperform the S&P 500 in October, after lagging behind for two quarters in a row. The Stoxx Europe 600 Index is on track to outperform the S&P 500 in October, after lagging behind for two quarters in a row. https://www.businesstimes.com.sg/international/volkswagens-q3-loss-widens-more-5-billion-euros-raising-restructuring-stakes?ai-allowed=1 The Business Times en 2026-10-29T16:47:13+08:00 Volkswagen’s Q3 loss widens to more than 5 billion euros, raising restructuring stakes https://cassette.sphdigital.com.sg/image/businesstimes/594e5e10f0e867ee4f9d333cc0b8d9239fcabae8b213bef1c0324446da6e327b The results underscore the pressure on Volkswagen to overhaul its business model in the face of factors including brutal competition in China. The results underscore the pressure on Volkswagen to overhaul its business model in the face of factors including brutal competition in China. https://www.businesstimes.com.sg/lifestyle/when-scotch-worth-us36000-take-look-packaging?ai-allowed=1 The Business Times en 2026-10-29T16:21:23+08:00 When is scotch worth US$36,000? Take a look at the packaging https://cassette.sphdigital.com.sg/image/businesstimes/c373e50affa1272ef06dcc7fe04fa92698144002b853a7a4fd8ed8a510dc2c82 Distillers have spent the past seven years or so making their old whiskies stand out primarily via their packaging. Distillers have spent the past seven years or so making their old whiskies stand out primarily via their packaging. https://www.businesstimes.com.sg/thrive/career-guide/tales-workplace-horror?ai-allowed=1 The Business Times en 2026-10-29T16:21:19+08:00 Tales of workplace horror https://cassette.sphdigital.com.sg/image/businesstimes/8190dee5dbba4984987ad6c8356fc9694f3a37ea29452d1485172ec431150e36 BT BT https://www.businesstimes.com.sg/international/uk-budget-breathing-space-time-rising-energy-costs?ai-allowed=1 The Business Times en 2026-10-29T16:18:01+08:00 A UK Budget with ‘breathing space’ in a time of rising energy costs https://cassette.sphdigital.com.sg/image/businesstimes/9c0ed251734cf0a259c5b0da15201031e89b4277d03a9089f2c09aecf23727fa Chancellor of the Exchequer John Healey told lawmakers in parliament the Budget was “delivered at a time when global uncertainties and pressures are swirling worldwide”. Chancellor of the Exchequer John Healey told lawmakers in parliament the Budget was “delivered at a time when global uncertainties and pressures are swirling worldwide”. https://www.businesstimes.com.sg/lifestyle/btluxe-edit-redefining-luxury-new-era-asia?ai-allowed=1 The Business Times en 2026-10-29T16:00:00+08:00 The BTLuxe Edit: Redefining luxury for a new era in Asia https://cassette.sphdigital.com.sg/image/businesstimes/8cd36c147f9a842ba56ef8b40c769bac96f728c9f2b8f2c0d68aaf4511025b40 Panellists Wee Teng Wen (managing partner, Lo & Behold) (left), Sandy Assakul (co-founder, Baan Trok Tua Ngork), and Ashish Manchharam (founder, Elevate Capital), discussed the art of reimagining overlooked historical spaces. Panellists Wee Teng Wen (managing partner, Lo & Behold) (left), Sandy Assakul (co-founder, Baan Trok Tua Ngork), and Ashish Manchharam (founder, Elevate Capital), discussed the art of reimagining overlooked historical spaces. https://www.businesstimes.com.sg/lifestyle/arts-design/hong-kongs-apartment-horror-films-skewer-its-ghastly-property-market The Business Times en 2026-10-29T15:36:56+08:00 Hong Kong’s ‘apartment horror’ films skewer its ghastly property market https://cassette.sphdigital.com.sg/image/businesstimes/fe4e163d7f149ddedd3203215ae9dadcf566e2f1598b82be6196dabcc51ee59d Hong Kong is one of the least affordable property markets on the planet. The city’s topography gives its horror movies a distinct texture.  Hong Kong is one of the least affordable property markets on the planet. The city’s topography gives its horror movies a distinct texture.  https://www.businesstimes.com.sg/singapore/economy-policy/google-expand-ai-partnerships-public-healthcare-groups-establish-new-singapore-research-hub?ai-allowed=1 The Business Times en 2026-10-29T15:27:26+08:00 Google to expand AI partnerships with public healthcare groups, establish new Singapore research hub https://cassette.sphdigital.com.sg/image/businesstimes/0db1864d08d209137961e8b154435854368fe00941d93a16e4f12eeeca3f7678 Senior Minister of State Tan Kiat How says Google’s initiative with NHG Health will help to move care beyond hospitals into communities and homes. Senior Minister of State Tan Kiat How says Google’s initiative with NHG Health will help to move care beyond hospitals into communities and homes. https://www.businesstimes.com.sg/companies-markets/singtels-ncs-more-triple-ai-specialist-workforce-over-300-two-years?ai-allowed=1 The Business Times en 2026-10-29T15:09:10+08:00 Singtel’s NCS to more than triple AI specialist workforce to over 300 in two years https://cassette.sphdigital.com.sg/image/businesstimes/e227d2afc10a91c117ec57846e4d075c6c584b7e2412001f4e021f8a640b1d8b NCS CEO Sam Liew says the company aims to make Singapore a place where AI can be seen working at scale, strengthening industries and improving public services. NCS CEO Sam Liew says the company aims to make Singapore a place where AI can be seen working at scale, strengthening industries and improving public services. https://www.businesstimes.com.sg/international/global/after-feds-expected-hold-rates-warsh-paints-sanguine-picture-us-economy?ai-allowed=1 The Business Times en 2026-10-29T14:41:33+08:00 After Fed’s expected hold on rates, Warsh paints sanguine picture of US economy https://cassette.sphdigital.com.sg/image/businesstimes/cb4e4609c89c0e247ffa00c64c196283a90f6ec48dbd897694938b1392769f93 US Federal Reserve Chairman Kevin Warsh holding a press conference in Washington, DC. Fed chair Kevin Warsh has sent signals that he is leaning against rate hikes in the near future, says one brokerage. https://www.businesstimes.com.sg/opinion-features/alphabet-burning-cash-samsung-collecting-it?ai-allowed=1 The Business Times en 2026-10-29T14:15:35+08:00 Alphabet is burning cash. Samsung is collecting it https://cassette.sphdigital.com.sg/image/businesstimes/d294dc811d3c9f52550c91980b37d2574a45de82048af3bc38ad88a7962e29d6 Memory makes up more than 40% of a premium smartphone’s component cost, Counterpoint Research estimates. Memory makes up more than 40% of a premium smartphone’s component cost, Counterpoint Research estimates. https://www.businesstimes.com.sg/companies-markets/singapores-easy-wins-attracting-global-capital-are-over-say-industry-watchers?ai-allowed=1 The Business Times en 2026-10-29T14:12:46+08:00 Singapore’s easy wins in attracting global capital are over, say industry watchers https://cassette.sphdigital.com.sg/image/businesstimes/91684d197c16e680517eee4710ef2c5e84ca47c4ae8f0d7bb4f49347bb77468c Panellists at the Dentons Rodyk Dialogue 2026. From left: Ng Chun Ying of Dentons Rodyk; Emily Low of Dentons Rodyk; Prof Dan W Puchniak from SMU; Gopi Mirchandani of Schroders; Selena Ling from OCBC; and Mark Wong of Dentons Rodyk. https://www.businesstimes.com.sg/lifestyle/arts-design/bruce-lee-ballet-hong-kong-bares-its-global-arts-ambitions?ai-allowed=1 The Business Times en 2026-10-29T14:05:00+08:00 A Bruce Lee ballet? Hong Kong bares its global arts ambitions https://cassette.sphdigital.com.sg/image/businesstimes/77cc8fd8a85883d7b4569f9e43b21c2cebe4b66a68ffdb6b51118f75b494baca The late Bruce Lee, seen here in Enter the Dragon (1973), will be the subject of a new ballet premiering in Hong Kong. The late Bruce Lee, seen here in Enter the Dragon (1973), will be the subject of a new ballet premiering in Hong Kong. https://www.businesstimes.com.sg/companies-markets/dbs-denies-rumours-indonesia-unit-merging-bank-central-asia-analysts-see-sense-deal?ai-allowed=1 The Business Times en 2026-10-29T13:22:29+08:00 DBS denies rumours of Indonesia unit merging with Bank Central Asia; analysts see sense in a deal https://cassette.sphdigital.com.sg/image/businesstimes/1b446d5b76a1902621a1c15e7f094bc954ce621d4be7db8b3a25598eeb12ddb6 Shares of BCA surged more than 7% on Wednesday to close at 5,275 rupiah. By market close on Thursday, it had retreated to 4,950 rupiah.  Shares of BCA surged more than 7% on Wednesday to close at 5,275 rupiah. By market close on Thursday, it had retreated to 4,950 rupiah.  https://www.businesstimes.com.sg/companies-markets/ai-outlook-energy-prices-drive-asian-markets-fed-holds-rate-steady?ai-allowed=1 The Business Times en 2026-10-29T13:22:14+08:00 AI outlook, energy prices to drive Asian markets as Fed holds rate steady https://cassette.sphdigital.com.sg/image/businesstimes/b173fd0d60669763b05fedbd7fb91fc086478fadf80738b4c4e7f6a6674c8bf9 The US Federal Reserve has kept the Fed funds target rate unchanged at 3.75% to 4%. The US Federal Reserve has kept the Fed funds target rate unchanged at 3.75% to 4%. https://www.businesstimes.com.sg/companies-markets/analysts-cut-mapletree-industrial-trust-targets-amid-murky-dpu-outlook-cgsi-downgrades-hold?ai-allowed=1 The Business Times en 2026-10-29T13:17:57+08:00 Analysts cut Mapletree Industrial Trust targets amid ‘murky’ DPU outlook; CGSI downgrades to ‘hold’  https://cassette.sphdigital.com.sg/image/businesstimes/66193dc107619b2dfe35a735c9cbe282ce0847c6a79e22dbd6fdcadb2778d7a1 Mapletree logo Mapletree Industrial Trust’s portfolio occupancy is down one percentage point quarter on quarter at 89.7%, dragged by its North America portfolio. https://www.businesstimes.com.sg/companies-markets/hyundai-motor-reports-5-5-rise-q3-operating-profit-beats-forecasts The Business Times en 2026-10-29T13:15:40+08:00 Hyundai Motor reports 5.5% rise in Q3 operating profit, beats forecasts https://cassette.sphdigital.com.sg/image/businesstimes/4f1e7b091579d2f60e190c3814592c48e46e14a91766ef4ada41264aa788d02d The results beat a 2.4 trillion won forecast by LSEG SmartEstimate. The results beat a 2.4 trillion won forecast by LSEG SmartEstimate. https://www.businesstimes.com.sg/international/asean/vietnam-retain-stakes-strategic-sectors-through-2030-amid-push-cut-holdings-state-owned-firms The Business Times en 2026-10-29T13:01:34+08:00 Vietnam to retain stakes in strategic sectors through 2030 amid push to cut holdings in state-owned firms https://cassette.sphdigital.com.sg/image/businesstimes/3dc205769e4ee51188ecfd6640fa577c2431ca5a61c5a22d0dcced8266fde77d The government's campaign to make state-owned enterprises more efficient includes allowing greater private sector participation in selected businesses.   The government's campaign to make state-owned enterprises more efficient includes allowing greater private sector participation in selected businesses.   https://www.businesstimes.com.sg/singapore/sentosa-and-tada-kick-autonomous-vehicle-rides-early-2027?ai-allowed=1 The Business Times en 2026-10-29T13:00:00+08:00 Sentosa and Tada to kick off autonomous vehicle rides in early 2027 https://cassette.sphdigital.com.sg/image/businesstimes/1ce0dd363395b629df2278e6d0813c108ccab8014f44d5b10a5fcdaffda48c8a The WeRide shuttle has room for eight passengers, and will ply predetermined routes around Sentosa. The WeRide shuttle has room for eight passengers, and will ply predetermined routes around Sentosa. https://www.businesstimes.com.sg/international/asean/cma-cgm-launches-its-first-electric-barge-vietnam-backed-nike-cargo?ai-allowed=1 The Business Times en 2026-10-29T12:50:18+08:00 CMA CGM launches its first electric barge in Vietnam, backed by Nike cargo https://cassette.sphdigital.com.sg/image/businesstimes/d9ea0dbe81592458b8ffe2afdc2869516740a168448e0040d95686ad38005019 The vessel is Vietnam’s first fully electric inland container barge, operating without direct greenhouse gas emissions. The vessel is Vietnam’s first fully electric inland container barge, operating without direct greenhouse gas emissions. https://www.businesstimes.com.sg/property/rent-premiums-greening-offices-least-likely-singapore-among-major-cities The Business Times en 2026-10-29T12:43:09+08:00 Rent premiums from greening offices least likely in Singapore among major cities https://cassette.sphdigital.com.sg/image/businesstimes/dcc2cfaa16a8832c1112a4f5307fb602335268b6b9cb7d7976202bc8978dc71b Hong Kong offers average rent premiums of 23% for green upgrades, Savills data shows, followed by Amsterdam and London. Hong Kong offers average rent premiums of 23% for green upgrades, Savills data shows, followed by Amsterdam and London. https://www.businesstimes.com.sg/companies-markets/energy-commodities/sembcorp-dayone-sign-pact-explore-powering-data-centres-asia?ai-allowed=1 The Business Times en 2026-10-29T12:23:41+08:00 Sembcorp, DayOne sign pact to explore powering data centres in Asia https://cassette.sphdigital.com.sg/image/businesstimes/06188a1ef33f56606f2a07c1588fc464ff1840f926b1ebd13b6094f5f2c50fe7 DayOne’s upcoming SG1 data centre DayOne has an existing power purchase agreement with Sembcorp for its upcoming SG1 data centre, where operations will be fully covered by renewable energy. https://www.businesstimes.com.sg/companies-markets/wilmar-slides-almost-5-after-weaker-q3-earnings-indonesian-police-probe-plantation-fires?ai-allowed=1 The Business Times en 2026-10-29T11:51:00+08:00 Wilmar slides almost 5% after weaker Q3 earnings; Indonesian police probe plantation fires https://cassette.sphdigital.com.sg/image/businesstimes/c4af06b8bd359b6547e23e91f66e4b995c43bd30d50b0fa6def0294e5b3ff856 image of wilmar logo The stock is trading at its lowest in more than 10 months.