https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-edge-after-solid-asml-results-healthcare-gains The Business Times en 2026-10-15T05:53:43+08:00 European shares edge up after solid ASML results, healthcare gains https://cassette.sphdigital.com.sg/image/businesstimes/3842468f086d4d17c472c73ed5d487ac678dd8f3561e7892e88f8b36ae4ac5cd The healthcare index was the biggest gainer on the benchmark, rising 2.3% to hit its highest since Sep 7. The healthcare index was the biggest gainer on the benchmark, rising 2.3% to hit its highest since Sep 7. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nasdaq-ends-sharply-lower-hot-inflation-data-stirs-rate-hike-worries The Business Times en 2026-10-15T05:48:37+08:00 Nasdaq ends sharply lower as hot inflation data stirs rate hike worries https://cassette.sphdigital.com.sg/image/businesstimes/5a0e3c42838caa1e116b6715104f40678411ad1c7b6a6adeefcb4dd4a53fa17a Volume on US exchanges was relatively heavy, with 18.0 billion shares traded, compared to an average of 17.6 billion shares over the previous 20 sessions. Volume on US exchanges was relatively heavy, with 18.0 billion shares traded, compared to an average of 17.6 billion shares over the previous 20 sessions. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/netflix-cuts-about-6-jobs-biggest-layoff-2022-wsj-reports The Business Times en 2026-10-14T22:19:21+08:00 Netflix cuts about 6% of jobs in biggest layoff since 2022, WSJ reports https://cassette.sphdigital.com.sg/image/businesstimes/aa85e74f2be929e51a6183b1602ec748cd9fc32025cbf99366159bbb370249ee The layoffs come as it faces intense competition for users’ time in a consolidated media market. The layoffs come as it faces intense competition for users’ time in a consolidated media market. https://www.businesstimes.com.sg/companies-markets/banking-finance/us-stocks-wall-street-opens-lower-after-hot-cpi-data-fuels-rate-hike-bets The Business Times en 2026-10-14T22:04:38+08:00 US stocks: Wall Street opens lower after hot CPI data fuels rate-hike bets https://cassette.sphdigital.com.sg/image/businesstimes/80fd88b2a14f44eccf0584e3d25cb8b91908a2a9ce42c9b834ff40f2db0a9d57 The Dow Jones Industrial Average fell 85.11 points, or 0.16 per cent, at the open to 51,584.99. The Dow Jones Industrial Average fell 85.11 points, or 0.16 per cent, at the open to 51,584.99. https://www.businesstimes.com.sg/singapore/singapore-collecting-data-haze-will-keep-its-options-open-taking-legal-action-grace-fu?ai-allowed=1 The Business Times en 2026-10-14T22:01:06+08:00 Singapore collecting data on haze, will ‘keep its options open’ on taking legal action: Grace Fu https://cassette.sphdigital.com.sg/image/businesstimes/81d2ba07b3f252cfb0dfce44ca52166ec7a6dfa8dc3515990532b20eca691fae Air quality in Singapore first dipped into unhealthy levels on Sep 4. Air quality in Singapore first dipped into unhealthy levels on Sep 4. https://www.businesstimes.com.sg/international/singapore-registered-vessel-hit-projectile-sinks-strait-hormuz-another-damaged?ai-allowed=1 The Business Times en 2026-10-14T21:38:37+08:00 Singapore-registered vessel hit by projectile sinks in Strait of Hormuz; another damaged https://cassette.sphdigital.com.sg/image/businesstimes/a7ac1e6e2ab07f498d98b21df6c21ab6632ea48222e1536a3741acce20fdcc29 Before the conflict, the Strait of Hormuz carried about a fifth of global oil and liquefied natural gas trade. Before the conflict, the Strait of Hormuz carried about a fifth of global oil and liquefied natural gas trade. https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-jumps-stocks-bonds-dented-hot-us-inflation-data The Business Times en 2026-10-14T21:32:52+08:00 Greenback jumps; stocks, bonds dented by hot US inflation data https://cassette.sphdigital.com.sg/image/businesstimes/7b90cf895722bc4ced64808303ead496461fb2e427984894927ef8cf94d9eeb1 The dollar rose 0.3% against a basket of currencies on Wednesday. The dollar rose 0.3% against a basket of currencies on Wednesday. https://www.businesstimes.com.sg/international/us-consumer-prices-accelerate-september-costlier-petrol-core-cpi-firmer The Business Times en 2026-10-14T21:23:27+08:00 US consumer prices accelerate in September on costlier petrol; core CPI firmer https://cassette.sphdigital.com.sg/image/businesstimes/c09991b11664e3e636b2f7ae63c74106094b6f9e5b9e9b506707d9f5acafb55a Petrol prices soared 7.1 per cent in September, official data showed. Petrol prices soared 7.1 per cent in September, official data showed. https://www.businesstimes.com.sg/singapore/coe-review-gap-between-luxury-and-mass-market-cars-isnt-only-one-worth-bridging?ai-allowed=1 The Business Times en 2026-10-14T20:35:12+08:00 COE review: The gap between luxury and mass-market cars isn’t the only one worth bridging  https://cassette.sphdigital.com.sg/image/businesstimes/e6b8ee10f47eda86fb8231d318fb24fe70035e7d1ac313060a26b1629c711b9e Passenger cars have always been split into mass-market and premium COE categories, but commercial vehicles and motorcycles have not seen similar moves. Passenger cars have always been split into mass-market and premium COE categories, but commercial vehicles and motorcycles have not seen similar moves. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-america-misses-profit-estimates-capital-market-weakness-books-us1-2-billion-charge The Business Times en 2026-10-14T20:18:05+08:00 Bank of America misses profit estimates on capital market weakness; books US$1.2 billion charge https://cassette.sphdigital.com.sg/image/businesstimes/a1561b92c8e496ebf29cff64a2177330e1941079ed6592c5816fb719dcc0d2e1 The bank reported a profit of US$6.9 billion, or 91 cents per share, for the three months ended Sep 30. The bank reported a profit of US$6.9 billion, or 91 cents per share, for the three months ended Sep 30. https://www.businesstimes.com.sg/international/irans-central-bank-governor-dismisses-claims-economic-collapse-amid-us-blockade The Business Times en 2026-10-14T19:55:05+08:00 Iran’s central bank governor dismisses claims of economic collapse amid US blockade https://cassette.sphdigital.com.sg/image/businesstimes/4b8c0712cc1293f0fc324000cc20a2b4f8cca690a93742aa9de0b4a66591a377 A woman shops at a market in Teheran, Iran, Sep 9, 2026. A woman shops at a market in Teheran, Iran, Sep 9, 2026. https://www.businesstimes.com.sg/international/asean/japans-amova-eyes-broader-south-east-asian-footprint-through-malaysias-aham?ai-allowed=1 The Business Times en 2026-10-14T19:49:42+08:00 Japan’s Amova eyes broader South-east Asian footprint through Malaysia’s AHAM https://cassette.sphdigital.com.sg/image/businesstimes/0f57d6816f261b8cd41fc04f8a946c819a4400e4fa6e2c372c886c2fe1f1adce Amova Asset Management CEO Stefanie Drews (left) with AHAM Capital deputy managing director Esther Teo in Kuala Lumpur on Wednesday (Oct 14). Amova Asset Management CEO Stefanie Drews (left) with AHAM Capital deputy managing director Esther Teo in Kuala Lumpur on Wednesday (Oct 14). https://www.businesstimes.com.sg/singapore/economy-policy/bubble-or-nothing-looking-ai-boom-part-cycle?ai-allowed=1 The Business Times en 2026-10-14T19:39:17+08:00 Bubble or nothing? Looking at the AI boom as part of a cycle https://cassette.sphdigital.com.sg/image/businesstimes/15289efbbb362f3b554adac9388022a1739c124e05cfbe5daef6c6ea4af3f798 A man uses a laptop near the ArtScience Museum in Singapore, with buildings in the financial centre in the background. In its latest macroeconomic review, the Monetary Authority of Singapore assessed that “downside risks from an AI-cycle downturn” do not appear immediate. The city-state has a clear role to play in ensuring that the business and societal take-up of AI is intentional and targeted. https://www.businesstimes.com.sg/singapore/economy-policy/surprise-mas-hold-signals-core-inflation-near-peak-economists-see-longer-pause-policy-tightening?ai-allowed=1 The Business Times en 2026-10-14T19:21:15+08:00 Surprise MAS hold signals core inflation near peak; economists see longer pause in policy tightening https://cassette.sphdigital.com.sg/image/businesstimes/b17a65f9ec4d371bba392ed6a7a476a3ba72cb6eb1f66ece8218006ca5641c75 The Monetary Authority of Singapore logo is displayed at the MAS Building in Shenton Way. The Singdollar’s trade-weighted index is slightly lower after MAS’ announcement of its decision to hold monetary policy settings. The Singdollar’s trade-weighted index is slightly lower after MAS’ announcement of its decision to hold monetary policy settings. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-142?ai-allowed=1 The Business Times en 2026-10-14T18:22:25+08:00 Daily Debrief: What Happened Today (Oct 14) https://cassette.sphdigital.com.sg/image/businesstimes/c83ddfeaa5d2a6af862ee4c24fdb87dc2aaf30015feeb572c517b43c7040df49 From left: Anthropic head of Apac policy Michael Sellitto; Anthropic co-founder Benjamin Mann; MDDI Permanent Secretary Chng Kai Fong; and Minister for Digital Development and Information Josephine Teo at the MOU signing.  From left: Anthropic head of Apac policy Michael Sellitto; Anthropic co-founder Benjamin Mann; MDDI Permanent Secretary Chng Kai Fong; and Minister for Digital Development and Information Josephine Teo at the MOU signing.  https://www.businesstimes.com.sg/companies-markets/singapore-stocks-edge-lower-investors-digest-mas-hold-stronger-gdp?ai-allowed=1 The Business Times en 2026-10-14T18:15:55+08:00 Singapore stocks edge lower as investors digest MAS hold, stronger GDP https://cassette.sphdigital.com.sg/image/businesstimes/7a40e35e8ae3d2e7cffa9e420fc5817afbbfbc7663fff62094062e8fa9c3736f Across the broader market on Wednesday (Oct 14), losers outnumbered gainers 284 to 238. Across the broader market on Wednesday (Oct 14), losers outnumbered gainers 284 to 238. https://www.businesstimes.com.sg/singapore/haze-shelters-open-n95-masks-be-distributed-amid-worsening-haze-singapore?ai-allowed=1 The Business Times en 2026-10-14T18:12:40+08:00 Haze shelters to open, N95 masks to be distributed amid worsening haze in Singapore https://cassette.sphdigital.com.sg/image/businesstimes/73bcdf44eb3ea443f056465bfb505262c77f275dff00a3035ee79a63c76d6781 A resident waiting for a mask vending machine to be set up at Clementi Bus Interchange on Oct 14. A resident waiting for a mask vending machine to be set up at Clementi Bus Interchange on Oct 14. https://www.businesstimes.com.sg/international/imf-calls-us-cut-deficits-amid-bond-woes-china-shift-away-exports The Business Times en 2026-10-14T17:51:21+08:00 IMF calls for US to cut deficits amid bond woes, China to shift away from exports https://cassette.sphdigital.com.sg/image/businesstimes/c4251eaca6bf4f7d692b4725e44cad464b79e82f4d0c92ede42e97e72df2545c IMF managing director Kristalina Georgieva admonished the world’s two largest economies to make painful policy changes to reduce growing fiscal and trade imbalances.  IMF managing director Kristalina Georgieva admonished the world’s two largest economies to make painful policy changes to reduce growing fiscal and trade imbalances.  https://www.businesstimes.com.sg/companies-markets/banking-finance/fed-governor-cooks-lawyer-denounces-trumps-latest-attempt-remove-her The Business Times en 2026-10-14T17:49:25+08:00 Fed Governor Cook’s lawyer denounces Trump’s latest attempt to remove her https://cassette.sphdigital.com.sg/image/businesstimes/ef6022bf57422144bfc830dca44bc86b47a224fe608f846d3900f552abc54696 US President Trump has been trying to fire Lisa Cook for more than a year. US President Trump has been trying to fire Lisa Cook for more than a year. https://www.businesstimes.com.sg/companies-markets/anthropic-works-bring-frontier-ai-models-soil-singapore-signs-government-pact?ai-allowed=1 The Business Times en 2026-10-14T17:19:37+08:00 Anthropic works to bring frontier AI models ‘on soil’ in Singapore, signs government pact https://cassette.sphdigital.com.sg/image/businesstimes/935123450d22df1bc7d4d1dc9c1d328e9c7a75df6f5243f5bf5ac1a124b8e122 From left: Anthropic head of Apac policy Michael Sellitto; co-founder Benjamin Mann; MDDI Permanent Secretary Chng Kai Fong; and Minister for Digital Development and Information Josephine Teo at the MOU signing on Oct 14, 2026. From left: Anthropic head of Apac policy Michael Sellitto; Anthropic co-founder Benjamin Mann; MDDI Permanent Secretary Chng Kai Fong; and Minister for Digital Development and Information Josephine Teo at the MOU signing. https://www.businesstimes.com.sg/international/global/wealthy-investors-can-trust-singapore-manage-their-assets-gan-kim-yong?ai-allowed=1 The Business Times en 2026-10-14T17:03:20+08:00 Wealthy investors can trust Singapore to manage their assets: Gan Kim Yong https://cassette.sphdigital.com.sg/image/businesstimes/a629a70f252c12a3056334d8061c3cd71df46e2a13f5e6c3df3afebc75d5058f Singapore's DPM Gan Kim Yong during a Bloomberg Television interview in New Delhi on Oct 14. Singapore's DPM Gan Kim Yong during a Bloomberg Television interview in New Delhi on Oct 14. https://www.businesstimes.com.sg/opinion-features/bank-bosses-are-too-optimistic-about-ai-boom The Business Times en 2026-10-14T17:02:20+08:00 Bank bosses are too optimistic about the AI boom https://cassette.sphdigital.com.sg/image/businesstimes/cf4908094158437d0e144e9e7e01a7e9ffba17d16f50915de4cabfb0f5ea55eb Goldman Sachs CEO David Solomon says that while May or June was a top-decile environment for bankers, today is still a top-quartile environment. Goldman Sachs CEO David Solomon says that while May or June was a top-decile environment for bankers, today is still a top-quartile environment. https://www.businesstimes.com.sg/international/asean/imf-world-bank-tout-bangkok-blueprint-against-digital-fraud The Business Times en 2026-10-14T16:53:28+08:00 IMF, World Bank tout ‘Bangkok Blueprint’ against digital fraud https://cassette.sphdigital.com.sg/image/businesstimes/628f86887372c9496cd82cf6ff2dbf0cadae29bbf8850de3b9bae8ad56d62336 From left: Bank of England governor Andrew Bailey and IMF managing director Kristalina Georgieva during the IMF and World Bank annual meetings in Bangkok on Oct 14. From left: Bank of England governor Andrew Bailey and IMF managing director Kristalina Georgieva during the IMF and World Bank annual meetings in Bangkok on Oct 14. https://www.businesstimes.com.sg/international/asean/vietnam-says-us-trade-deal-nearly-done-final-text-sent The Business Times en 2026-10-14T16:27:21+08:00 Vietnam says US trade deal nearly done with final text sent https://cassette.sphdigital.com.sg/image/businesstimes/b1473bf944a7ef1ba0a8e394f417736a0b497ef28b3eee9836f790a01dc1e233 Vietnam ranks alongside Mexico, Taiwan and China among economies running the largest trade imbalances with the US. Vietnam ranks alongside Mexico, Taiwan and China among economies running the largest trade imbalances with the US. https://www.businesstimes.com.sg/companies-markets/temasek-trust-world-bank-group-tie-advance-initiatives-climate-and-energy?ai-allowed=1 The Business Times en 2026-10-14T16:17:54+08:00 Temasek Trust, World Bank Group tie up to advance initiatives in climate and energy https://cassette.sphdigital.com.sg/image/businesstimes/ca4d70517342bfa92ad4dce73aeabf011c3012346b63bb481570139bddc07455 From left: Desmond Kuek, executive director and CEO of Temasek Trust; and Paschal Donohoe, managing director and chief knowledge officer of World Bank Group, at the signing of a memorandum of understanding between the two organisations on Oct 12, 2026. Temasek Trust’s Desmond Kuek (left) with World Bank Group’s Paschal Donohoe at the MOU signing. https://www.businesstimes.com.sg/international/asean/indonesia-adapts-1940s-dry-ice-technology-fight-clear-haze The Business Times en 2026-10-14T15:36:09+08:00 Indonesia adapts 1940s dry-ice technology in fight to clear haze https://cassette.sphdigital.com.sg/image/businesstimes/a7cf4db967c9a593e4d27331d2416f44a3e5deae2869951a506d6517fbedf194 A man rides a wooden boat amid haze from wildfires in Pontianak, West Kalimantan province, Indonesia, Sep 13, 2026. A man rides a wooden boat amid haze from wildfires in Pontianak, West Kalimantan province, Indonesia, Sep 13, 2026. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/aem-shares-continue-fall-cse-tumbles-7-2?ai-allowed=1 The Business Times en 2026-10-14T15:34:42+08:00 AEM shares continue fall; CSE tumbles 7.2% https://cassette.sphdigital.com.sg/image/businesstimes/26dfd6b9e84d663ac734eba1332afeaccc9ea8ed12178d838c2b38dcd81568f8 AEM shares were down 4.4% at S$9.57 as at 2.50 pm, having fallen 8% the previous day. AEM shares were down 4.4% at S$9.57 as at 2.50 pm, having fallen 8% the previous day. https://www.businesstimes.com.sg/property/britains-mansion-tax-shows-difficulty-targeting-wealth The Business Times en 2026-10-14T15:34:31+08:00 Britain’s mansion tax shows the difficulty of targeting wealth https://cassette.sphdigital.com.sg/image/businesstimes/83bb4629bd2b41716dfc8a796eff8876cafc60aaefa931bc42a24c6e0cf1a152 Just under two-thirds of affected homes are expected to be in London, according to estimates by estate agent Hamptons, and the government has said that it will use a home’s size and nearby sale prices nearby to judge the value of a property.  Just under two-thirds of affected homes are expected to be in London, according to estimates by estate agent Hamptons, and the government has said that it will use a home’s size and nearby sale prices nearby to judge the value of a property.  https://www.businesstimes.com.sg/international/asean/malaysia-court-rejects-najibs-bid-suspend-additional-15-year-sentence-separate-1mdb-case The Business Times en 2026-10-14T15:34:00+08:00 Malaysia court rejects Najib’s bid to suspend additional 15-year sentence in separate 1MDB case https://cassette.sphdigital.com.sg/image/businesstimes/d9bbb377b0347eee1c581a6219925013458048d3a2f6472cd3d00ee9a94fa2d7 Judge Noor Ruwena Md Nordin said on Oct 14 that there were no special circumstances warranting a stay of Najib Razak’s sentence. Judge Noor Ruwena Md Nordin said on Oct 14 that there were no special circumstances warranting a stay of Najib Razak’s sentence. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/nasdaq-listing-awaits-singapores-us1-5-billion-ai-drug-discovery-biotech-nanyang-biologics?ai-allowed=1 The Business Times en 2026-10-14T15:00:00+08:00 Nasdaq listing awaits Singapore’s US$1.5 billion AI drug-discovery biotech Nanyang Biologics https://cassette.sphdigital.com.sg/image/businesstimes/79a484a5deeadcea6b8e941270572d97b32116aafc87c14493223f2f625dd02f Roland Ong, founder of Nanyang Biologics, believes the company’s listing rides a wave of investor interest that has returned to the biotech industry, in part due to the rise of AI. Roland Ong, founder of Nanyang Biologics, believes the company’s listing rides a wave of investor interest that has returned to the biotech industry, in part due to the rise of AI. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-growth-stay-firm-ai-boost-moderate-2027-mas?ai-allowed=1 The Business Times en 2026-10-14T15:00:00+08:00 Singapore growth to stay firm, but AI boost to moderate in 2027: MAS https://cassette.sphdigital.com.sg/image/businesstimes/ddbb3f5fd16cbb6ed52436e81d45b64cc4c2e1d66cc0527e0a3b31b7e290b85f In the near term, strong orders for AI products and an increase in production capacity “should sustain firm growth in the technology-related sectors”, says MAS. In the near term, strong orders for AI products and an increase in production capacity “should sustain firm growth in the technology-related sectors”, says MAS. https://www.businesstimes.com.sg/international/global/china-factory-gate-inflation-heats-commodity-costs-rise-cpi-lags The Business Times en 2026-10-14T14:45:22+08:00 China factory-gate inflation heats up as commodity costs rise, CPI lags https://cassette.sphdigital.com.sg/image/businesstimes/27a1f90a94312ea03d834012c42e4290152b2bd5ee01bf33cf88c339354a7f73 The producer price index rose 5 per cent from a year earlier, up from 3.8 per cent in August. The producer price index rose 5 per cent from a year earlier, up from 3.8 per cent in August. https://www.businesstimes.com.sg/companies-markets/banking-finance/singapores-pdg-seeking-us1-2-billion-loan-johor-data-centre-source The Business Times en 2026-10-14T14:39:32+08:00 Singapore’s PDG seeking US$1.2 billion loan for Johor data centre: source https://cassette.sphdigital.com.sg/image/businesstimes/1e584bec8e4ad04a97ee36026263045a88d5d193b43dbd1ad6e4cfcb4bff4d72 Racks for data servers, GPUs and CPUs inside a data centre. Moody’s Ratings expects at least US$3 trillion to flow into data centre-related investments over the next five years, with much of the spending financed through debt. https://www.businesstimes.com.sg/companies-markets/banking-finance/hong-kongs-clearing-bank-gains-new-funding-access-renminbi-push The Business Times en 2026-10-14T14:23:43+08:00 Hong Kong’s clearing bank gains new funding access in renminbi push https://cassette.sphdigital.com.sg/image/businesstimes/3ee2436eebed37cf2fc8e249ff207e596272ea63eb1f5be98b6583504a24574c BOCHK’s move builds on efforts by the mainland and Hong Kong authorities to cement the city as a leading renminbi hub and promote the currency’s global status.  BOCHK’s move builds on efforts by the mainland and Hong Kong authorities to cement the city as a leading renminbi hub and promote the currency’s global status.  https://www.businesstimes.com.sg/international/trump-campaigns-alaska-conservative-state-feeling-pinch-high-energy-prices The Business Times en 2026-10-14T14:12:41+08:00 Trump campaigns in Alaska, a conservative state feeling the pinch of high energy prices https://cassette.sphdigital.com.sg/image/businesstimes/72dca4954b69abd692a540fecb1ed78e4572c14925068150cbee4ba4c8374fdc US President Donald Trump delivers remarks at the Curtis D. Menard Memorial Sports Centre in Wasilla, Alaska, Oct 13, 2026. US President Donald Trump delivers remarks at the Curtis D. Menard Memorial Sports Centre in Wasilla, Alaska, Oct 13, 2026. https://www.businesstimes.com.sg/lifestyle/isle-wight-fossil-sheds-light-enigmatic-meat-eating-dinosaurs The Business Times en 2026-10-14T14:09:35+08:00 Isle of Wight fossil sheds light on enigmatic meat-eating dinosaurs https://cassette.sphdigital.com.sg/image/businesstimes/29f03c4c19ebf19294170903ead13f6d896b75c68bae16308ea4235032e6cf84 The meat-eating Invictibellatrix amberina is one of the smallest megaraptorans. The meat-eating Invictibellatrix amberina was one of the smallest megaraptorans. https://www.businesstimes.com.sg/international/kamala-harris-warns-window-closing-ai-safeguards-urges-us-china-cooperation The Business Times en 2026-10-14T13:46:59+08:00 Kamala Harris warns window closing for AI safeguards, urges US-China cooperation https://cassette.sphdigital.com.sg/image/businesstimes/41ba19fdea34a5d6934d1f1d7c4cd24336bf9725eee70bda8a3f477d87f4b0f2 Former US Vice-President Kamala D. Harris speaks at the Asan Institute for Policy Studies in Seoul, South Korea, Oct 14, 2026. Former US Vice-President Kamala D. Harris speaks at the Asan Institute for Policy Studies in Seoul, South Korea, Oct 14, 2026. https://www.businesstimes.com.sg/international/china-cusp-us1-trillion-trade-surplus-exports-surge The Business Times en 2026-10-14T13:14:59+08:00 China on cusp of US$1 trillion trade surplus as exports surge https://cassette.sphdigital.com.sg/image/businesstimes/fe5cf2d32bb43f739577c0459ec01ab99c26b5196887f237c56a6ccbfbbbdf17 China’s lopsided trade relations with the world have grown even more extreme since the tariff war started by US President Donald Trump over a year ago, especially as global demand exploded for AI services and inputs like chips.  China’s lopsided trade relations with the world have grown even more extreme since the tariff war started by US President Donald Trump over a year ago, especially as global demand exploded for AI services and inputs like chips.  https://www.businesstimes.com.sg/international/insurance-pullback-coming-climate-risk-grows-and-entire-regions-could-get-uninsurable-report The Business Times en 2026-10-14T12:59:22+08:00 Insurance pullback coming as climate risk grows and ‘entire regions’ could get uninsurable: report https://cassette.sphdigital.com.sg/image/businesstimes/700a696e028c463526f0c40ebeb42fa867af9a692b00927a242cddfc5636447d Property insurers have already scaled back, or even cancelled, policies for wildfire losses in California. Property insurers have already scaled back, or even cancelled, policies for wildfire losses in California. https://www.businesstimes.com.sg/international/global/global-economic-recovery-built-shaky-foundations The Business Times en 2026-10-14T12:00:00+08:00 A global economic recovery built on shaky foundations https://cassette.sphdigital.com.sg/image/businesstimes/5ee3ec3b3dc57e49c29e3165fa77f6d9e4020a25df6b8ddbbe63948041946c1d A Prada store in Milan, Italy. The eurozone is beset by economic and political malaise. High energy costs and surging Chinese exports have crimped manufacturing growth in its core economies. A Prada store in Milan, Italy. The eurozone is beset by economic and political malaise. High energy costs and surging Chinese exports have crimped manufacturing growth in its core economies. https://www.businesstimes.com.sg/property/hongkong-land-talks-ong-beng-sengs-hpl-stake-orchard-road-buildings-sources The Business Times en 2026-10-14T11:54:51+08:00 Hongkong Land in talks with Ong Beng Seng’s HPL for stake in Orchard Road buildings: sources https://cassette.sphdigital.com.sg/image/businesstimes/cd4e6f4ab6d80c6da8ded07526b78fd51deee99f6aa614d2cda2c0f4abf88caf Facades of Far East Shopping Centre, voco Orchard Singapore, Forum The Shopping Mall and HPL House (behind Forum) along Orchard Road. A stake sale for the three buildings will likely value the assets at over S$2 billion or US$1.6 billion, although that is subject to change, sources say. https://www.businesstimes.com.sg/international/iran-shifts-tactics-boost-ship-attacks-seeks-close-hormuz-influence-us-midterms-officials The Business Times en 2026-10-14T11:26:06+08:00 Iran shifts tactics to boost ship attacks; seeks to close Hormuz, influence US midterms: officials https://cassette.sphdigital.com.sg/image/businesstimes/e7a1a10271adf5bac6a0d43e87edebbf4723fd9c7618fdf44959bd5a24c2b186 Teheran will not allow Trump to bring down oil prices before the November US elections, says a senior Iranian official. Teheran will not allow Trump to bring down oil prices before the November US elections, says a senior Iranian official. https://www.businesstimes.com.sg/singapore/smes/if-you-can-make-it-singapore-you-can-make-it-anywhere-minor-food-ceo?ai-allowed=1 The Business Times en 2026-10-14T11:00:00+08:00 ‘If you can make it in Singapore, you can make it anywhere’: Minor Food CEO https://cassette.sphdigital.com.sg/image/businesstimes/7fc4f1ee678d9dcef5b7c90574c13f7cd929d876687153f5e168e41e0717afec Dellen Soh leads Minor Food, which has more than 2,700 outlets in two dozen countries and over 30 brands. Dellen Soh leads Minor Food, which has more than 2,700 outlets in two dozen countries and over 30 brands. https://www.businesstimes.com.sg/companies-markets/microsoft-hits-first-record-year-after-us1-4-trillion-rally-shares-soar-54-june-low The Business Times en 2026-10-14T10:19:04+08:00 Microsoft hits first record in a year after US$1.4 trillion rally; shares soar 54% from June low https://cassette.sphdigital.com.sg/image/businesstimes/d14071004bc885b4dd220120c4f925155b1f01dabe1e89391bfc955c51335ba2 Microsoft shares dropped 17% in June, its worst month since 2000, erasing nearly US$600 billion in market value. Microsoft shares dropped 17% in June, its worst month since 2000, erasing nearly US$600 billion in market value. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/dbs-downgrades-sgx-hold-lowers-target-price-s20?ai-allowed=1 The Business Times en 2026-10-14T10:05:56+08:00 DBS downgrades SGX to ‘hold’, lowers target price to S$20 https://cassette.sphdigital.com.sg/image/businesstimes/57d1354a6efb5999691a23fc8389611c88c0c1ae0795b0a99b6c11c606981e36 Based on SGX’s closing price of S$20.73 on Oct 12, the revised target price implies a downside of about 3.5%. Based on SGX’s closing price of S$20.73 on Oct 12, the revised target price implies a downside of about 3.5%. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-gain-us-cpi-data-oil-climbs The Business Times en 2026-10-14T09:32:01+08:00 Asian stocks gain before US CPI data, oil climbs https://cassette.sphdigital.com.sg/image/businesstimes/0e362f405a174215adfd3a80dfe9afb1d237685eaf15dcdefd28b2eca83c8c8e Japan’s Topix was little changed, Australia’s S&P/ASX 200 fell 0.7%, Hong Kong’s Hang Seng rose 0.3% and the Shanghai Composite rose 0.2%. Japan’s Topix was little changed, Australia’s S&P/ASX 200 fell 0.7%, Hong Kong’s Hang Seng rose 0.3% and the Shanghai Composite rose 0.2%. https://www.businesstimes.com.sg/companies-markets/singapore-build-digital-bunkering-data-ecosystem?ai-allowed=1 The Business Times en 2026-10-14T09:30:00+08:00 Singapore to build digital bunkering data ecosystem https://cassette.sphdigital.com.sg/image/businesstimes/c4989d6abed2db7219f8ed4cf7bf3ae28be705683b42349c7d77b56dea304526 Ships around the Singapore ports. Singapore will conduct its first ethanol bunkering trial as part of its journey towards becoming a resilient multi-fuel ecosystem. Singapore will conduct its first ethanol bunkering trial as part of its journey towards becoming a resilient multi-fuel ecosystem. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-firm-ahead-us-inflation-data The Business Times en 2026-10-14T09:08:37+08:00 Gold holds firm ahead of US inflation data https://cassette.sphdigital.com.sg/image/businesstimes/9e3ce0f1d23dc2a97d2b7d4c379c62a8b26226f15073183e62f2e22f928d9b15 Although gold is typically seen as a hedge against inflation, higher interest rates tend to diminish the appeal of non-yielding bullion to investors. Although gold is typically seen as a hedge against inflation, higher interest rates tend to diminish the appeal of non-yielding bullion to investors. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-kore-us-reit-parkway-life-reit-raffles-education-vins-holdings?ai-allowed=1 The Business Times en 2026-10-14T08:42:55+08:00 Stocks to watch: Kore US Reit, Parkway Life Reit, Raffles Education, Vin’s Holdings https://cassette.sphdigital.com.sg/image/businesstimes/1431b4f040f8b1895188d351ed0bdd4a7e4aac4ca1695ecf1ee54cafe1f1c8c1 The manager of Kore US Reit said it completed a full-floor spec-suite development, The Post at 10800 The Plaza Buildings in Bellevue, Washington. The manager of Kore US Reit said it completed a full-floor spec-suite development, The Post at 10800 The Plaza Buildings in Bellevue, Washington. https://www.businesstimes.com.sg/companies-markets/energy-commodities/asias-coal-appetite-endures-winter-looms-and-supply-tightens-iran-war-boosts-outlook The Business Times en 2026-10-14T08:35:39+08:00 Asia’s coal appetite endures as winter looms and supply tightens; Iran war boosts outlook https://cassette.sphdigital.com.sg/image/businesstimes/6fb02532b70a62fec521c3c8ba649fbdd82fcea46d805c8d4dc434283622b20b Coal output has also been constrained in key suppliers, China and Indonesia. Coal output has also been constrained in key suppliers, China and Indonesia. https://www.businesstimes.com.sg/property/parkway-life-reit-buys-3-nursing-homes-france-us43-5-million?ai-allowed=1 The Business Times en 2026-10-14T08:27:56+08:00 Parkway Life Reit buys 3 nursing homes in France for US$43.5 million https://cassette.sphdigital.com.sg/image/businesstimes/f2bca115bf16e1980f985a80948eb5131e3b3c87ac904da3888b12ab798532ce Parkway Life Reit logo seen on the facade of Mount Elizabeth Hospital, Singapore. The debt-funded acquisition is expected to be completed by December. https://www.businesstimes.com.sg/companies-markets/kore-us-reit-completes-full-floor-spec-suite-development-washington-property?ai-allowed=1 The Business Times en 2026-10-14T08:24:02+08:00 Kore US Reit completes full-floor spec-suite development at Washington property https://cassette.sphdigital.com.sg/image/businesstimes/854edbbcbb280fe22f2e5951d562efdb61430a7338e88bf84f3b42501c282a51 Amenities at The Post at 10800 The Plaza Buildings. The Post at 10800 The Plaza Buildings in Bellevue, Washington, features studio suites alongside an amenity hub with breakout areas and shared tenant amenities. https://www.businesstimes.com.sg/singapore/economy-policy/mas-holds-monetary-policy-settings-pausing-after-two-straight-tightenings?ai-allowed=1 The Business Times en 2026-10-14T08:06:10+08:00 MAS holds monetary policy settings, pausing after two straight tightenings https://cassette.sphdigital.com.sg/image/businesstimes/fa650c6c65d75a6f1230844f2f686a4986f9056212e75c72b55c84541cdd6170 MAS says the current policy band “will allow the S$NEER to continue to strengthen and lean against the anticipated near-term rise in imported inflation”. MAS says the current policy band “will allow the S$NEER to continue to strengthen and lean against the anticipated near-term rise in imported inflation”. https://www.businesstimes.com.sg/singapore/economy-policy/economists-raise-full-year-gdp-forecasts-after-growth-hits-5-4-q3-beating-estimates?ai-allowed=1 The Business Times en 2026-10-14T08:02:17+08:00 Economists raise full-year GDP forecasts after growth hits 5.4% in Q3, beating estimates https://cassette.sphdigital.com.sg/image/businesstimes/1edf0e5d9a76dd8415479f7181392e89c6f8315f295d05375b911ae9d88fc57c The Singapore Central Business District skyline, with offices and banks along the Singapore River. The overall services sector grew by 5.2% year on year in Q3. https://www.businesstimes.com.sg/singapore/emerging-enterprise-2026/innovation-everyday-needs?ai-allowed=1 The Business Times en 2026-10-14T07:00:00+08:00 Innovation for everyday needs https://cassette.sphdigital.com.sg/image/businesstimes/69c637c7f78881e694ab535606b308113040a9e4d90a2eee988bfc3b4c073ed5 Among the finalists of the 2026 Emerging Enterprise Sustainability Award are companies pursuing growth and seeking out new markets and opportunities. Among the finalists of the 2026 Emerging Enterprise Sustainability Award are companies pursuing growth and seeking out new markets and opportunities. https://www.businesstimes.com.sg/international/lng-stronger-regional-power-links-key-aseans-energy-resilience-shell?ai-allowed=1 The Business Times en 2026-10-14T07:00:00+08:00 LNG, stronger regional power links key to Asean’s energy resilience: Shell https://cassette.sphdigital.com.sg/image/businesstimes/34431346c5ea81dc3dd0eb541969bf5b2b904f6a0635bc66393ce66ce2a53531 Andrew Smith, president of trading and supply at Shell (left) and Chen Huifen, editor of The Business Times. Andrew Smith, president of trading and supply at Shell (left) and Chen Huifen, editor of The Business Times. https://www.businesstimes.com.sg/lifestyle/singtel-hackathon-spotlights-inclusive-carnival-games-children-disabilities?ai-allowed=1 The Business Times en 2026-10-14T07:00:00+08:00 Singtel hackathon spotlights inclusive carnival games for children with disabilities https://cassette.sphdigital.com.sg/image/businesstimes/0265eeb8ff7ef004308de55c2fcc9f81ae199313ac3b8e240912b7ddc1a669df Image of Aileen Tan from Singtel interacting and playing a game with volunteers and a child Aileen Tan (far right), Singtel's group chief people and sustainability officer, at Singtel Carnival 2026 with children and volunteers. https://www.businesstimes.com.sg/opinion-features/why-houthis-are-striking-saudi-arabia?ai-allowed=1 The Business Times en 2026-10-14T07:00:00+08:00 Why the Houthis are striking Saudi Arabia https://cassette.sphdigital.com.sg/image/businesstimes/5ea9abcfc4093faa01dcc88915de984f49918261278f43e744680a9bafe7135e Houthi fighters participating in an offensive against Saudi-backed Yemeni forces in Taiz province, Yemen. Houthi fighters in Yemen. In early October, the group attacked Saudi oil facilities, and aimed drones and missiles at the kingdom’s airports and military bases. https://www.businesstimes.com.sg/companies-markets/ai-moving-faster-infrastructure-powering-it-panellists-say?ai-allowed=1 The Business Times en 2026-10-14T07:00:00+08:00 AI is moving faster than the infrastructure powering it, panellists say https://cassette.sphdigital.com.sg/image/businesstimes/42dd53afe938ca78c2cb680c7578ce33c61d5f9cc6fddf354469066c4b98430a From left: Aw Kah Peng, chairman of Shell Companies in Singapore; Mark Souza, corporate vice-president and chief technology officer at Microsoft Asia; and Wong Wai Meng, chief executive officer of data centres at Keppel. From left: Aw Kah Peng, chairman of Shell Companies in Singapore; Mark Souza, corporate vice-president and chief technology officer at Microsoft Asia; and Wong Wai Meng, chief executive officer of data centres at Keppel. https://www.businesstimes.com.sg/opinion-features/looking-beyond-looming-ceo-succession-should-uob-potentially-pursue-transformative-merger?ai-allowed=1 The Business Times en 2026-10-14T07:00:00+08:00 Looking beyond looming CEO succession, should UOB potentially pursue a transformative merger? https://cassette.sphdigital.com.sg/image/businesstimes/2312ede0866f1c39520480ff49c6fb6f00d8c005bd79fefe6a82efa6c604f742 Should it trail its peers in performance, UOB may find it harder to attract and retain talent, and invest adequately in AI, technology and risk-management capabilities. Should it trail its peers in performance, UOB may find it harder to attract and retain talent, and invest adequately in AI, technology and risk-management capabilities. https://www.businesstimes.com.sg/international/global/saudi-aramco-hq-hit-houthi-strike-iran-escalates-ship-attacks-threatens-oil-export-recovery The Business Times en 2026-10-14T06:45:25+08:00 Saudi Aramco HQ hit in Houthi strike; Iran escalates ship attacks, threatens oil export recovery https://cassette.sphdigital.com.sg/image/businesstimes/cf2bc2baaeac8c46cc9fa55c277e109f38a87e3e70a1ad3144939ede77f74ba3 Iran attacks on ships transiting the Strait of Hormuz have surged, as people in the shipping industry report signs of cargo flows via the passage possibly slowing. Iran attacks on ships transiting the Strait of Hormuz have surged, as people in the shipping industry report signs of cargo flows via the passage possibly slowing. https://www.businesstimes.com.sg/international/feds-williams-currently-sees-no-need-rate-hike-2027 The Business Times en 2026-10-14T06:31:13+08:00 Fed’s Williams currently sees no need for rate hike in 2027 https://cassette.sphdigital.com.sg/image/businesstimes/00a016afa106cf691fb99cbb9afd067c6ee28b4312f2617959da1f1f9bc3e54d Williams said there are still signs inflation will slow “quite a bit” and approach the Fed’s 2% target in 2027, as the impacts from tariffs and an energy price shock fade.  Williams said there are still signs inflation will slow “quite a bit” and approach the Fed’s 2% target in 2027, as the impacts from tariffs and an energy price shock fade.  https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rises-middle-east-attacks-increase-uncertainty-over-flows The Business Times en 2026-10-14T06:06:32+08:00 Oil rises as Middle East attacks increase uncertainty over flows https://cassette.sphdigital.com.sg/image/businesstimes/9004f7aa7963f11eda1bec2bb2d21bc0ef0269627a9922fb9be1f7b6cc2fec50 West Texas Intermediate advanced towards US$95 a barrel; Brent declined to close below US$106 on Oct 13. West Texas Intermediate advanced towards US$95 a barrel; Brent declined to close below US$106 on Oct 13. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/chip-sell-pulls-european-stocks-back-one-week-high The Business Times en 2026-10-14T05:57:54+08:00 Chip sell-off pulls European stocks back from one-week high https://cassette.sphdigital.com.sg/image/businesstimes/846ee9c73cbc406152cc186d53a4fbf926e164aa6fb33f32c40fab4434f32bef The decline snaps a two-day winning streak for the Stoxx 600 and shows how sensitive investors remain to shifts in artificial intelligence sentiment. The decline snaps a two-day winning streak for the Stoxx 600 and shows how sensitive investors remain to shifts in artificial intelligence sentiment. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nasdaq-ends-down-chipmakers-fall-and-bank-earnings-roll The Business Times en 2026-10-14T05:53:50+08:00 Nasdaq ends down as chipmakers fall and bank earnings roll in https://cassette.sphdigital.com.sg/image/businesstimes/54b3e1baf74adcd0fe0bfceb5274b0084f4b47df3ef9fbee87c7433229f25ef5 Analysts on average see S&P 500 third quarter earnings surging over 30%, fuelled largely by AI-related technology companies, according to LSEG data. Analysts on average see S&P 500 third quarter earnings surging over 30%, fuelled largely by AI-related technology companies, according to LSEG data. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-unveils-new-smart-home-products-showcasing-updated-siri-ai The Business Times en 2026-10-13T22:26:36+08:00 Apple unveils new smart home products, showcasing updated Siri AI https://cassette.sphdigital.com.sg/image/businesstimes/18e75756381802aacdfbafc1fbeea33366caf7b9967179ad414149111b8a1f9b The Apple HomeView, an iPad-like device that showcases an AI-upgraded Siri virtual assistant, during its launch in New York City, US, Oct 13, 2026. The Apple HomeView, an iPad-like device that showcases an AI-upgraded Siri virtual assistant, during its launch in New York City, US, Oct 13, 2026. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-opens-lower-after-bank-earnings-chips-weigh The Business Times en 2026-10-13T21:47:46+08:00 US stocks: S&P 500 opens lower after bank earnings; chips weigh https://cassette.sphdigital.com.sg/image/businesstimes/2d5047eae37adf043ba86bfecc2060296b3cb4de28c47adcc9c49caec93f412d The Dow Jones Industrial Average rose 242.4 points, or 0.47 per cent, at the open to 52,092.99. The Dow Jones Industrial Average rose 242.4 points, or 0.47 per cent, at the open to 52,092.99. https://www.businesstimes.com.sg/companies-markets/banking-finance/goldmans-equity-traders-post-big-haul-credit-rates-miss The Business Times en 2026-10-13T21:34:46+08:00 Goldman’s equity traders post big haul as credit, rates miss https://cassette.sphdigital.com.sg/image/businesstimes/5cbd2abdf5463d61556d04c8c4f09b09958b29ba3cf9c0116e0cda3c7411744f Goldman shares rose more than 3 per cent at 7.49 am in early New York trading on Tuesday. Goldman shares rose more than 3 per cent at 7.49 am in early New York trading on Tuesday. https://www.businesstimes.com.sg/companies-markets/banking-finance/jpmorgan-posts-surprise-drop-fixed-income-trading-revenue The Business Times en 2026-10-13T21:06:49+08:00 JPMorgan posts surprise drop in fixed-income trading revenue https://cassette.sphdigital.com.sg/image/businesstimes/f425da76c3ccb1e673c25c959be64170e6b51c9b5e9b7dff5ef411727d56e33b The shares, up 3.8 per cent this year through Monday, rose 1 per cent in early New York trading on Tuesday. The shares, up 3.8 per cent this year through Monday, rose 1 per cent in early New York trading on Tuesday. https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-profit-jumps-40-higher-investment-banking-services-and-wealth-revenue The Business Times en 2026-10-13T20:43:16+08:00 Citi profit jumps 40% with higher investment banking, services and wealth revenue https://cassette.sphdigital.com.sg/image/businesstimes/3939fcc134c8d62bea4d90c219ce30080aa9cca44a110c8b7afcc4d036f8a409 Citi is nearing the end of a multi-year restructuring. Citi is nearing the end of a multi-year restructuring. https://www.businesstimes.com.sg/international/greenback-slips-oil-prices-geopolitical-risks-seen-easing-midterms?ai-allowed=1 The Business Times en 2026-10-13T20:12:59+08:00 Greenback slips with oil prices, geopolitical risks seen easing before midterms https://cassette.sphdigital.com.sg/image/businesstimes/373b0f83c86e27c8f0d28ea503aa5822cf7f05bb4983ff5d1e3f396a47e76c4d Oil prices fell on Tuesday and were on track for their first decline in nearly a week, as traders weighed the prospect of additional diesel supplies from Russia. Oil prices fell on Tuesday and were on track for their first decline in nearly a week, as traders weighed the prospect of additional diesel supplies from Russia. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/cracks-grow-across-ai-trade-memory-chip-stocks-tumble The Business Times en 2026-10-13T20:11:25+08:00 Cracks grow across the AI trade as memory-chip stocks tumble https://cassette.sphdigital.com.sg/image/businesstimes/bb2096ca03603ff7780bc34d503fed041057566ee8f444471f58eb37f76113f7 Shares tied to the AI boom have been hit as concerns such as intensifying competition from China and rising Interest rates. Shares tied to the AI boom have been hit as concerns such as intensifying competition from China and rising Interest rates. https://www.businesstimes.com.sg/singapore/smes/imda-expands-digital-support-smes?ai-allowed=1 The Business Times en 2026-10-13T19:51:43+08:00 IMDA expands digital support for SMEs https://cassette.sphdigital.com.sg/image/businesstimes/1c1b5852a038523640c53b57fa9cc69bf5a422dfb69903731240c2df54118543 Singapore’s Minister for Digital Development and Information Josephine Teo delivering the ministerial keynote at SMEs Go Digital Day on Tuesday (Oct 13). Minister for Digital Development and Information Josephine Teo says SMEs must consider whether AI tools can support human activities, with an eye towards “practical, purposeful and meaningful” adoption. https://www.businesstimes.com.sg/companies-markets/blackstone-backed-airtrunk-delays-singapore-reit-ipo-amid-ai-stock-sell-sources-say The Business Times en 2026-10-13T19:31:25+08:00 Blackstone-backed AirTrunk delays Singapore Reit IPO amid AI stock sell-off, sources say https://cassette.sphdigital.com.sg/image/businesstimes/7dd7eb7b37245145f546f89446dcac21acf69b7a87b0eceb9abf34b8100396ad The Reit was expected to be valued at about US$15 billion. The Reit was expected to be valued at about US$15 billion. https://www.businesstimes.com.sg/international/asean/trouble-paradise-bali-runs-low-fuel-sparking-long-lines-pumps?ai-allowed=1 The Business Times en 2026-10-13T19:18:49+08:00 Trouble in paradise: Bali runs low on fuel, sparking long lines at pumps https://cassette.sphdigital.com.sg/image/businesstimes/74b2b148fd22c53b42faf7ddc5890f8329e37d738940e7172d633341d70a5576 Motorcyclists queue to refuel at a gas station in Denpasar, Bali, Indonesia, Oct 13. Lines of motorcycles and cars spilled onto Bali’s public roads, disrupting traffic, with some motorists forced to push their vehicles after running out of fuel. https://www.businesstimes.com.sg/international/us-small-business-optimism-falls-dimmer-economic-outlook The Business Times en 2026-10-13T19:03:44+08:00 US small-business optimism falls on dimmer economic outlook https://cassette.sphdigital.com.sg/image/businesstimes/c42bb6fac878bc8e0609fc2ea562edf2b85a1bba721ca61f53fdc390725358f1 The National Federation of Independent Business index slipped 0.8 point to 97.9, according to data. The National Federation of Independent Business index slipped 0.8 point to 97.9, according to data. https://www.businesstimes.com.sg/companies-markets/ubs-barclays-uob-among-private-banks-growing-singapore-talent-pool-wealth-sector-booms?ai-allowed=1 The Business Times en 2026-10-13T18:45:36+08:00 UBS, Barclays, UOB among private banks growing Singapore talent pool as wealth sector booms https://cassette.sphdigital.com.sg/image/businesstimes/9168db067503b59bba5bce545f50cb1bbc812fa2f0535218c403b8ae8f973e1f The expansion comes as banks grapple with a finite pool of experienced private bankers. The expansion comes as banks grapple with a finite pool of experienced private bankers. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-131?ai-allowed=1 The Business Times en 2026-10-13T18:45:00+08:00 Daily Debrief: What Happened Today (Oct 13) https://cassette.sphdigital.com.sg/image/businesstimes/b92ceebb21aa1b53f829bf0210a6b4bb7eefb49ce18d7443725ae7624e922a3c The Private Family Society, co-founded by Sean Tan (left) and Anupum Khaitan, is an invitation-only community for family offices in the Asia-Pacific. The Private Family Society, co-founded by Sean Tan (left) and Anupum Khaitan, is an invitation-only community for family offices in the Asia-Pacific. https://www.businesstimes.com.sg/companies-markets/transport-logistics/malaysias-firefly-extends-seletar-subang-flight-cancellations?ai-allowed=1 The Business Times en 2026-10-13T18:25:00+08:00 Malaysia’s Firefly extends Seletar-Subang flight cancellations https://cassette.sphdigital.com.sg/image/businesstimes/821a7a668f2d843ac6a83b00ce48580bc445e90cc694828bcb4a2e0da717e6af A plane of Firefly, a Malaysian airline. Firefly has extended its cancellation of flights on the Subang-Seletar route to Oct 14. The further extension of Firefly’s service cancellations comes as Singapore is blanketed by smoke haze from forest fires in the region. https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-0-3-tuesday-jardine-matheson-banks-gain?ai-allowed=1 The Business Times en 2026-10-13T18:18:05+08:00 Singapore shares rise 0.3% on Tuesday as Jardine Matheson, banks gain https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5 Across the broader market, losers outnumbered gainers 338 to 217, with 992.7 million securities worth S$1.9 billion changing hands. Across the broader market, losers outnumbered gainers 338 to 217, with 992.7 million securities worth S$1.9 billion changing hands. https://www.businesstimes.com.sg/wealth/wealth-investing/markets-can-absorb-current-yields-which-are-still-pretty-normal-says-franklin-templeton-ceo?ai-allowed=1 The Business Times en 2026-10-13T17:55:31+08:00 Markets can absorb current yields which are still ‘pretty normal’, says Franklin Templeton CEO https://cassette.sphdigital.com.sg/image/businesstimes/cdeedd6a8516207203ea57befd930de782678ec8d17e09a29f96faa046318722 Jenny Johnson, president and CEO of Franklin Templeton, says the company is committed to widening access to private assets among private-wealth and long-term retirement investors. Jenny Johnson, president and CEO of Franklin Templeton, says the company is committed to widening access to private assets among private-wealth and long-term retirement investors. https://www.businesstimes.com.sg/esg/singapore-lithium-battery-recycling-startup-neu-battery-materials-raises-us7-6-million?ai-allowed=1 The Business Times en 2026-10-13T17:48:30+08:00 Singapore lithium battery recycling startup Neu Battery Materials raises US$7.6 million https://cassette.sphdigital.com.sg/image/businesstimes/d78c5e00f163eb18e73324a94c17aa20a316d10db5a084c4ed8fb7a2a28f2737 Neu Battery Materials’ co-founder and CEO Bryan Oh (left), with co-founder Kenneth Palmer. Oh expects the funding to help the company scale its technology. Neu Battery Materials’ co-founder and CEO Bryan Oh (left), with co-founder Kenneth Palmer. Oh expects the funding to help the company scale its technology. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-rolls-out-new-phones-and-smart-home-devices-revive-pricey-stock The Business Times en 2026-10-13T17:34:12+08:00 Apple rolls out new phones and smart home devices to revive pricey stock https://cassette.sphdigital.com.sg/image/businesstimes/d600593be756a6509c33e5cc51f8f826e96b9e886a4d552720a86497d47b4317 Apple’s stock has been flat in the months since late July. Apple’s stock has been flat in the months since late July. https://www.businesstimes.com.sg/international/hackers-heat-french-supermarket-fridges-sparking-fires-and-spoiling-food The Business Times en 2026-10-13T17:25:43+08:00 Hackers heat French supermarket fridges, sparking fires and spoiling food https://cassette.sphdigital.com.sg/image/businesstimes/dc759bef425ba75a978cb6485ec4cadf6b9792785c46689393e14def9b0f6852 Les Mousquetaires, owner of retailer Intermarche, said that fridges at around 150 of its stores were heated up to 50 deg C for six hours overnight. A spokesperson said that all affected food had been discarded. Les Mousquetaires, owner of retailer Intermarche, said that fridges at around 150 of its stores were heated up to 50 deg C for six hours overnight. A spokesperson said that all affected food had been discarded. https://www.businesstimes.com.sg/singapore/business-judgement-ai-proficiency-key-cyber-defender-roles-evolve-new-professional-standards-being The Business Times en 2026-10-13T17:05:41+08:00 Business judgement, AI proficiency key as cyber defender roles evolve; new professional standards being developed https://cassette.sphdigital.com.sg/image/businesstimes/f3d50b3839a73e1f28780a4e9a41ee06d90ff2c64da545cfccbae2b102fbf7e4 Senior Minister of State for Digital Development and Information Tan Kiat How announced the Cybersecurity Professional Accreditation Framework at the Singapore International Cyber Week on Oct 13. Senior Minister of State for Digital Development and Information Tan Kiat How announced the Cybersecurity Professional Accreditation Framework at the Singapore International Cyber Week on Oct 13. https://www.businesstimes.com.sg/property/city-plaza-owners-private-talks-after-close-s970-million-en-bloc-tender?ai-allowed=1 The Business Times en 2026-10-13T17:04:26+08:00 City Plaza owners in private talks after close of S$970 million en bloc tender https://cassette.sphdigital.com.sg/image/businesstimes/6ceea83e278704496b982ea5a668f39226b6992fec7a1b069636ced87feee25c City Plaza is a freehold development located close to Paya Lebar MRT station. City Plaza is a freehold development located close to Paya Lebar MRT station. https://www.businesstimes.com.sg/lifestyle/hundreds-queue-hong-kong-glimpse-van-gogh-painting-unseen-public-60-years The Business Times en 2026-10-13T16:41:13+08:00 Hundreds queue in Hong Kong to glimpse Van Gogh painting unseen in public for 60 years https://cassette.sphdigital.com.sg/image/businesstimes/5ffbbf30153703df57e837c0ead47aa39423f429a249d06d255bf119a87665aa Visitors look at Vincent van Gogh’s “Chataigniers en fleurs” (Chestnut Trees in Blossom), on display ahead of its auction in New York, at Sotheby’s in Hong Kong, China, October 13, 2026. Châtaigniers en fleurs is poised to set a new auction record for a Van Gogh work, says Sotheby’s Scott Niichel. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-edge-higher-lower-oil-prices-lift-sentiment The Business Times en 2026-10-13T16:20:17+08:00 European shares edge higher as lower oil prices lift sentiment https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 edged 0.44 per cent higher to 638.44 points by 0714 GMT on Tuesday. The Stoxx 600 edged 0.44 per cent higher to 638.44 points by 0714 GMT on Tuesday. https://www.businesstimes.com.sg/property/beauty-world-plaza-collective-sale-s165-million?ai-allowed=1 The Business Times en 2026-10-13T16:11:20+08:00 Beauty World Plaza up for collective sale for S$165 million https://cassette.sphdigital.com.sg/image/businesstimes/3927983725256ad0e84cf0e4e5800080abd08b61cdec76c6a282a70e4cf6ee4d The eight-storey Beauty World Plaza sits on a 24,817 square foot site in Bukit Timah, on the doorstep of the Beauty World MRT station. The eight-storey Beauty World Plaza sits on a 24,817 square foot site in Bukit Timah, on the doorstep of the Beauty World MRT station. https://www.businesstimes.com.sg/international/global/indias-rupee-recovery-faces-test-oil-prices-capital-outflows?ai-allowed=1 The Business Times en 2026-10-13T16:10:44+08:00 India’s rupee recovery faces test from oil prices, capital outflows https://cassette.sphdigital.com.sg/image/businesstimes/afa96efec2a895cea2f55f57684af32f0ab9518319471b165fda5ab484ccda21 Supplying US dollars to oil companies uses up reserves, but could mean the RBI has to sell fewer dollars in the spot market to support the rupee. Supplying US dollars to oil companies uses up reserves, but could mean the RBI has to sell fewer dollars in the spot market to support the rupee. https://www.businesstimes.com.sg/international/global/business-preventing-haze-demands-more-stakeholders The Business Times en 2026-10-13T16:09:05+08:00 The business of preventing haze demands more from stakeholders https://cassette.sphdigital.com.sg/image/businesstimes/2b9f33e19553cb606121d19e307b6f79a940fba4f42c2ecafb1f7c7aaa075ddd Haze is not only an environmental and public health problem with economic consequences; it is also a business risk. Haze is not only an environmental and public health problem with economic consequences; it is also a business risk. https://www.businesstimes.com.sg/international/saudi-warning-system-stayed-silent-deadly-airport-attacks The Business Times en 2026-10-13T16:04:53+08:00 Saudi warning system stayed silent before deadly airport attacks https://cassette.sphdigital.com.sg/image/businesstimes/2801f8b63e50ccbc3faeaf937267da330f5d12e6ef76924836d55dd7231ca7d3 Surveillance footage shows smoke and fire at the moment of an attack at King Khalid International Airport in Riyadh, Saudi Arabia, Oct 10, 2026. Surveillance footage shows smoke and fire at the moment of an attack at King Khalid International Airport in Riyadh, Saudi Arabia, Oct 10, 2026. https://www.businesstimes.com.sg/companies-markets/family-offices-kept-captive-relationship-managers-turn-independent-advisers-direct-deals?ai-allowed=1 The Business Times en 2026-10-13T16:00:00+08:00 Family offices ‘kept captive’ by relationship managers turn to independent advisers, direct deals https://cassette.sphdigital.com.sg/image/businesstimes/b92ceebb21aa1b53f829bf0210a6b4bb7eefb49ce18d7443725ae7624e922a3c The Private Family Society, co-founded by Sean Tan (left) and Anupum Khaitan, is an invitation-only community for family offices in the Asia-Pacific. The Private Family Society, co-founded by Sean Tan (left) and Anupum Khaitan, is an invitation-only community for family offices in the Asia-Pacific. https://www.businesstimes.com.sg/lifestyle/europes-carmakers-turn-back-time-rival-chinese-evs The Business Times en 2026-10-13T15:56:27+08:00 Europe’s carmakers turn back time to rival Chinese EVs https://cassette.sphdigital.com.sg/image/businesstimes/6a4ec9b944e73935ecea1fd214de4a707775293f15cfa6b180163c18ae607e8d The new electric Citroen 2CV concept car is displayed at the 2026 Paris Motor Show in Paris, France. Stellantis has unveiled an electric version of Citroen’s iconic 2CV. https://www.businesstimes.com.sg/companies-markets/banking-finance/australia-central-bank-saw-upside-risks-inflation-lingering-after-september-rate-hike The Business Times en 2026-10-13T15:43:59+08:00 Australia central bank saw upside risks to inflation lingering after September rate hike https://cassette.sphdigital.com.sg/image/businesstimes/1be9dc015d449f4f0fdea89425bfdbea35ffa5dce31d2d37feaf478899027f5d The board only “briefly” considered holding interest rates steady, before unanimously voting to hike to 4.6 per cent. The board only “briefly” considered holding interest rates steady, before unanimously voting to hike to 4.6 per cent. https://www.businesstimes.com.sg/wealth/wealth-investing/should-you-sell-your-losers-when-market-dips The Business Times en 2026-10-13T15:41:30+08:00 Should you sell your losers when the market dips? https://cassette.sphdigital.com.sg/image/businesstimes/ddf6e7779e1aed2e938f778ef81774ae48ae4cd144ae13d30c7c41d4e49a6e38 The three local banks’ share prices may have dipped recently, but nothing has changed in the financial figures they reported in August. The three local banks’ share prices may have dipped recently, but nothing has changed in the financial figures they reported in August. https://www.businesstimes.com.sg/wealth/wealth-investing/good-yield-hunting-building-resilient-portfolios The Business Times en 2026-10-13T15:13:04+08:00 Good yield hunting: Building resilient portfolios https://cassette.sphdigital.com.sg/image/businesstimes/c19f86a32e202ae8f75e79a58a867890c97e1b092a9a997fd70eb9b0894b1401 Rising rates can pose inherent risks for global financial conditions, and affect companies that are vulnerable to higher costs of capital and rate volatility. Rising rates can pose inherent risks for global financial conditions, and affect companies that are vulnerable to higher costs of capital and rate volatility. https://www.businesstimes.com.sg/opinion-features/starbucks-can-sell-china-not-china-risk The Business Times en 2026-10-13T15:00:00+08:00 Starbucks can sell China, not the China risk https://cassette.sphdigital.com.sg/image/businesstimes/3e4885854edc070eb422c4968b88edfc0a6902a25a0fa4785c2b820830cec6ef There is a limit on how much distance Starbucks can put between itself and its Chinese operations as it still owns 40% of the business. There is a limit on how much distance Starbucks can put between itself and its Chinese operations as it still owns 40% of the business. https://www.businesstimes.com.sg/international/japans-wholesale-inflation-remains-elevated-keeps-alive-boj-rate-hike-view The Business Times en 2026-10-13T14:59:14+08:00 Japan’s wholesale inflation remains elevated, keeps alive BOJ rate-hike view https://cassette.sphdigital.com.sg/image/businesstimes/013fe824f7f77e75e2ce77a3862f6ed02a59638c78cc285beaef323fded55597 A wide range of goods recorded price rises, including processed food, electric machinery and telecommunications equipment, data showed. A wide range of goods recorded price rises, including processed food, electric machinery and telecommunications equipment, data showed. https://www.businesstimes.com.sg/companies-markets/banking-finance/visa-approved-prepare-domestic-payments-business-china The Business Times en 2026-10-13T14:44:46+08:00 Visa approved to prepare domestic payments business in China https://cassette.sphdigital.com.sg/image/businesstimes/70fcc4b19fccdf2b6f774c7fdae7349bd888c4de0e380965702d8b2acc15108c Visa applied for the license in 2017. Visa applied for the license in 2017. https://www.businesstimes.com.sg/wealth/wealth-investing/wisdom-prediction-markets The Business Times en 2026-10-13T14:42:11+08:00 The wisdom of prediction markets https://cassette.sphdigital.com.sg/image/businesstimes/52d0e18fc9f637362076ba91e6475169405ea5b034f510068b5aeba343ea7609 Prediction markets are very well calibrated as measured by the relationship between the implied probability and the outcome.  Prediction markets are very well calibrated as measured by the relationship between the implied probability and the outcome.  https://www.businesstimes.com.sg/international/global/imf-cites-ai-slowdown-spiking-yields-looming-global-market-risks The Business Times en 2026-10-13T14:17:22+08:00 IMF cites AI slowdown, spiking yields as looming global market risks https://cassette.sphdigital.com.sg/image/businesstimes/d51d363cb77865eee37231999de403e8f34841c85131565a601d1c991611eeb1 Athanasios Vamvakidis, deputy director in the IMF’s monetary and capital markets department, said while global risk sentiment was very strong, underpinned by solid earnings and optimism about AI, such “resilience is not necessarily safety”.  Athanasios Vamvakidis, deputy director in the IMF’s monetary and capital markets department, said while global risk sentiment was very strong, underpinned by solid earnings and optimism about AI, such “resilience is not necessarily safety”.  https://www.businesstimes.com.sg/international/asean/vietnams-race-growth-tests-pace-energy-transition-experts?ai-allowed=1 The Business Times en 2026-10-13T14:09:30+08:00 Vietnam’s race for growth tests pace of energy transition: experts https://cassette.sphdigital.com.sg/image/businesstimes/24c71ce4cbf1726cfd41a128927c33e2f41a9cd6fac8324cea2d7d262cf89ae0 Attendees at the inaugural Quy Nhon Dialogue on Climate and Transitions, which took place from Oct 10 to 11 in Vietnam’s central province of Binh Dinh. Attendees at the inaugural Quy Nhon Dialogue on Climate and Transitions, which took place from Oct 10 to 11 in Vietnam’s central province of Binh Dinh. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ai-models-may-soon-self-replicate-without-access-data-centres-anthropic-warns The Business Times en 2026-10-13T13:55:53+08:00 AI models may soon self-replicate without access to data centres, Anthropic warns https://cassette.sphdigital.com.sg/image/businesstimes/7137a6c675ed89a496c0c511a5c837c68dbb71862467ba749daf8015d9780859 Anthropic warned that if small models improved at their rate, they would be able to autonomously replicate by the end of this year. Anthropic warned that if small models improved at their rate, they would be able to autonomously replicate by the end of this year. https://www.businesstimes.com.sg/international/trump-says-he-does-not-believe-russia-and-china-are-helping-iran-they-have-too-much-lose The Business Times en 2026-10-13T13:14:51+08:00 Trump says he does not believe Russia and China are helping Iran as they have ‘too much to lose’ https://cassette.sphdigital.com.sg/image/businesstimes/305b5e3e08c8a5717844a8a78ccccd9cc3ecf5651af3098e5bf5fe30c89cc4e6 China and Russia have maintained close ties with Iran for decades but have denied providing arms assistance to Teheran in its conflict with the US. China and Russia have maintained close ties with Iran for decades but have denied providing arms assistance to Teheran in its conflict with the US. https://www.businesstimes.com.sg/international/asean/thailand-eyes-us30-departure-tax-tourists-revenue-push The Business Times en 2026-10-13T13:01:53+08:00 Thailand eyes US$30 departure tax for tourists in revenue push https://cassette.sphdigital.com.sg/image/businesstimes/a31e5c9fc16ed400a09f1f4d4fc427aa2628532d3027b0fcfd68a8b8cc963950 The government is considering an outbound tax of about 1,000 baht on Thai and foreign travellers leaving the country. The government is considering an outbound tax of about 1,000 baht on Thai and foreign travellers leaving the country. https://www.businesstimes.com.sg/singapore/singapore-healthcare-system-outage-services-fully-restored-investigations-ongoing?ai-allowed=1 The Business Times en 2026-10-13T12:45:31+08:00 Singapore healthcare system outage: Services fully restored, investigations ongoing https://cassette.sphdigital.com.sg/image/businesstimes/397a486b784e7a11cf6b8703753bf284d2b42d85fc53f74cd68f251993ee00d5 NHG Health said in a Facebook post at about 9 am that call services across its cluster are “temporarily unavailable”. NHG Health said in a Facebook post at about 9 am that call services across its cluster are “temporarily unavailable”. https://www.businesstimes.com.sg/international/asean/thai-migrant-labour-crunch-leaves-fruit-rotting-jobs-unfilled The Business Times en 2026-10-13T12:14:40+08:00 Thai migrant labour crunch leaves fruit rotting, jobs unfilled https://cassette.sphdigital.com.sg/image/businesstimes/24fe061e9cf6efcb793907a823543b6df7cf9e5e4e97c1d3491550a03ef75c84 A border dispute with Cambodia prompted many Cambodians to leave Thailand, while political turmoil in Myanmar makes hiring workers from the country slower. A border dispute with Cambodia prompted many Cambodians to leave Thailand, while political turmoil in Myanmar makes hiring workers from the country slower. https://www.businesstimes.com.sg/opinion-features/new-eesg-playbook-where-energy-economic-imperative The Business Times en 2026-10-13T12:00:00+08:00 The new EESG playbook: Where energy is an economic imperative https://cassette.sphdigital.com.sg/image/businesstimes/eb8c5e01605e5d86805e8eb13ee15a6b2e3a3ebece3d49c5a9afeeb0ee17335f Renewable energy is not just about getting a “green badge” for reducing emissions; it is also about hedging against energy prices. Renewable energy is not just about getting a “green badge” for reducing emissions; it is also about hedging against energy prices. https://www.businesstimes.com.sg/companies-markets/banking-finance/cgsi-upgrades-dbs-add-raises-target-price-s79-50?ai-allowed=1 The Business Times en 2026-10-13T11:59:18+08:00 CGSI upgrades DBS to ‘add’, raises target price to S$79.50 https://cassette.sphdigital.com.sg/image/businesstimes/5859dbc581cf480584bcd4688d5a68a8e5cf9c2da4467f1a102ed286337e1830 At DBS’ Friday closing price of S$73.36, the revised target price implies a potential upside of 8.4%.  At DBS’ Friday closing price of S$73.36, the revised target price implies a potential upside of 8.4%.  https://www.businesstimes.com.sg/property/balestier-regency-makes-another-en-bloc-bid-s255-million?ai-allowed=1 The Business Times en 2026-10-13T11:50:16+08:00 Balestier Regency makes another en bloc bid at S$255 million https://cassette.sphdigital.com.sg/image/businesstimes/5ae27f063ab234c82fa5055793384ad0ed098f96b223a40aad08558ddbf1c534 After factoring in the land betterment charge and bonus gross floor area for balconies, the effective land rate for Balestier Regency is about S$1,437 psf ppr. After factoring in the land betterment charge and bonus gross floor area for balconies, the effective land rate for Balestier Regency is about S$1,437 psf ppr. https://www.businesstimes.com.sg/international/asean/dayones-johor-data-centre-project-gets-rm15-billion-boost-financing-seven-lenders?ai-allowed=1 The Business Times en 2026-10-13T11:19:33+08:00 DayOne’s Johor data centre project gets RM15 billion boost in financing from seven lenders https://cassette.sphdigital.com.sg/image/businesstimes/f5b1670a1d0fcb19090571f93f6356c5b91edbb39bee42a355506385fcbb64b2 DayOne has expanded its footprint across Asia and Europe since it was established in 2022, in countries such as Singapore, Malaysia and Spain. DayOne has expanded its footprint across Asia and Europe since it was established in 2022, in countries such as Singapore, Malaysia and Spain. https://www.businesstimes.com.sg/companies-markets/energy-commodities/malaysian-king-buys-stake-singapore-listed-mining-firm-expanding-rare-earths The Business Times en 2026-10-13T10:38:00+08:00 Malaysian king buys stake in Singapore-listed mining firm expanding into rare earths https://cassette.sphdigital.com.sg/image/businesstimes/8f5e07fe434011b8b78183a66463618378fed9fcc25cfd8473a78ed552146548 Sultan Ibrahim Iskandar’s S$6.1 million purchase comes as the iron ore producer expands its presence in Malaysia’s rare earths industry. Sultan Ibrahim Iskandar’s S$6.1 million purchase comes as the iron ore producer expands its presence in Malaysia’s rare earths industry. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/aem-shares-down-8-global-chip-stocks-slide?ai-allowed=1 The Business Times en 2026-10-13T10:19:19+08:00 AEM shares down 8% as global chip stocks slide https://cassette.sphdigital.com.sg/image/businesstimes/26dfd6b9e84d663ac734eba1332afeaccc9ea8ed12178d838c2b38dcd81568f8 AEM’s fall mirrors a drop in global chip stocks, including those in Asia. AEM’s fall mirrors a drop in global chip stocks, including those in Asia. https://www.businesstimes.com.sg/international/australias-corporate-regulator-share-big-four-surveillance-findings-after-kpmg-scandal The Business Times en 2026-10-13T10:12:48+08:00 Australia’s corporate regulator to share Big Four surveillance findings after KPMG scandal https://cassette.sphdigital.com.sg/image/businesstimes/ad1d1469cabebd9bc37557b1d47830ce31290875e0f440664202b0d820b953c6 The Australian Securities and Investments Commission launched surveillance of the firms after news of the KPMG scandal emerged. The Australian Securities and Investments Commission launched surveillance of the firms after news of the KPMG scandal emerged. https://www.businesstimes.com.sg/opinion-features/development-finance-needs-more-one-currency The Business Times en 2026-10-13T10:00:00+08:00 Development finance needs more than one currency https://cassette.sphdigital.com.sg/image/businesstimes/4d2fe3dae71e5fc9e23088d376e8e110f21be0cb435264736496a6f5ba8db730 A stack of 100 yuan bank notes. Renminbi-denominated borrowing costs have, in many cases, fallen meaningfully below equivalent US dollar-denominated rates. Renminbi-denominated borrowing costs have, in many cases, fallen meaningfully below equivalent US dollar-denominated rates. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-shares-fall-asian-stocks-decline-tracking-us-chip-losses The Business Times en 2026-10-13T09:13:27+08:00 South Korea shares fall as Asian stocks decline, tracking US chip losses https://cassette.sphdigital.com.sg/image/businesstimes/bf8533a783437bfe9b018fc3fa71f38614922b857d52009fc82eadd6f1b45146 Equities in South Korea slipped over 3%. Hang Seng futures were little changed, Japan’s Topix rose 0.1% and Australia’s S&P/ASX 200 fell 0.3%. Equities in South Korea slipped over 3%. Hang Seng futures were little changed, Japan’s Topix rose 0.1% and Australia’s S&P/ASX 200 fell 0.3%. https://www.businesstimes.com.sg/startups-tech/startups/ai-agent-platform-drylab-ai-raises-us3-million-seed-round-vertex-ventures-and-patsnap?ai-allowed=1 The Business Times en 2026-10-13T09:00:00+08:00 AI agent platform Drylab AI raises US$3 million seed round from Vertex Ventures and PatSnap https://cassette.sphdigital.com.sg/image/businesstimes/ef5889bb295021d025e6a54e65ef37d0e660a7009cf90f4fe5293a8dbe60661c Clockwise from top left: Benedict Tan, associate director, investment, Vertex Ventures SEA & India; Nhi Nguyen, chief science officer, Drylab; Huy Phan, CTO, Drylab; John Phan, co-founder and CEO, Drylab; and Genping Liu, general partner, Vertex Ventures SEA & India. Clockwise from top left: Vertex Ventures’ Benedict Tan; Drylab’s chief science officer Nhi Nguyen; Drylab’s CTO Huy Phan; Drylab’s CEO John Phan; and Vertex Ventures’ Genping Liu. https://www.businesstimes.com.sg/companies-markets/meta-says-new-muse-model-reaches-ai-frontier-after-aggressive-push The Business Times en 2026-10-13T08:58:57+08:00 Meta says new Muse model reaches AI frontier after aggressive push https://cassette.sphdigital.com.sg/image/businesstimes/0b1ddf3d3306f95c796f6a51e08b06f71bc210dde8a69fe9506eb98d1ad2ce4d Meta AI chief Alexandr Wang said the model is “competitive with the best models out there” and “state of the art” on personal and professional agentic work. Meta AI chief Alexandr Wang said the model is “competitive with the best models out there” and “state of the art” on personal and professional agentic work. https://www.businesstimes.com.sg/companies-markets/jardine-matheson-raises-2026-earnings-guidance-high-us5-65-share?ai-allowed=1 The Business Times en 2026-10-13T08:58:52+08:00 Jardine Matheson raises 2026 earnings guidance as high as US$5.65 per share https://cassette.sphdigital.com.sg/image/businesstimes/4873e752bfa7fba2bcd71a6a043567a24918d8d4e23b4d831e20f7f4f0b5fec7 The Gammon transaction is expected to be “modestly accretive” from its first year, says Jardine Matheson. The Gammon transaction is expected to be “modestly accretive” from its first year, says Jardine Matheson. https://www.businesstimes.com.sg/companies-markets/stocks-watch-jardine-matheson-frasers-property-advanced-systems-automation-southern-alliance-mining?ai-allowed=1 The Business Times en 2026-10-13T08:45:09+08:00 Stocks to watch: Jardine Matheson, Frasers Property, Advanced Systems Automation, Southern Alliance Mining https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5 Jardine Matheson announced an earnings upgrade on Tuesday before trading on SGX begins. Jardine Matheson announced an earnings upgrade on Tuesday before trading on SGX begins. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-edges-down-traders-monitor-oil-prices-fed-rate-outlook The Business Times en 2026-10-13T08:32:33+08:00 Gold edges down as traders monitor oil prices, Fed rate outlook https://cassette.sphdigital.com.sg/image/businesstimes/45d60eaaf7fd06e826020f66ed628a131a900bb3c49c3444ef37e0da0a9adc30 Higher rates are typically a headwind for the non-yielding precious metal. Higher rates are typically a headwind for the non-yielding precious metal. https://www.businesstimes.com.sg/international/global/global-smartphone-shipments-record-worst-third-quarter-14-years-amid-memory-shortage The Business Times en 2026-10-13T08:24:25+08:00 Global smartphone shipments record worst third quarter in 14 years amid memory shortage https://cassette.sphdigital.com.sg/image/businesstimes/82b912a8b6b7613b3b91ca57c14f1cf935b188a133cdd4c2b108e1f763689061 Consumers are holding on to their smartphones longer than estimated and increasingly considering refurbished devices, said a Counterpoint analyst. Consumers are holding on to their smartphones longer than estimated and increasingly considering refurbished devices, said a Counterpoint analyst. https://www.businesstimes.com.sg/opinion-features/asias-green-transition-next-phase-must-also-emphasise-market-building The Business Times en 2026-10-13T07:00:00+08:00 Asia’s green transition: The next phase must also emphasise market building https://cassette.sphdigital.com.sg/image/businesstimes/240ebb6eb39b8fc650c05d9299bc7fd0d19cb44b2009f8a8db298a62f95aac00 Buildings in Singapore surrounded by haze. Catastrophic disasters, such as the forest fires in Indonesia that have led to haze in Singapore, increase the urgency of efforts to combat climate breakdown. Catastrophic disasters, such as the forest fires in Indonesia that have led to haze in Singapore, increase the urgency of efforts to combat climate breakdown. https://www.businesstimes.com.sg/startups-tech/technology/where-find-tenets-make-tech-stocks-tantalising?ai-allowed=1 The Business Times en 2026-10-13T07:00:00+08:00 Where to find the tenets that make tech stocks tantalising https://cassette.sphdigital.com.sg/image/businesstimes/597def38bdeec12d08dc6348016fb34adad5fef69bdcc66aed30432a9e2f10b0 The valuation of tech stocks is driven by the ability of the businesses to scale. The question is whether SGX-listed tech companies have that capability. The valuation of tech stocks is driven by the ability of the businesses to scale. The question is whether SGX-listed tech companies have that capability. https://www.businesstimes.com.sg/singapore/smes/emerging-enterprise-2026/building-solutions-changing-needs?ai-allowed=1 The Business Times en 2026-10-13T07:00:00+08:00 Building solutions for changing needs https://cassette.sphdigital.com.sg/image/businesstimes/9c681b73fe5c6ab96a9fdbac0c73f38321bd440988368ed70f1c1e34e6d48991 Established in 2008, the Emerging Enterprise Award recognises startups and young businesses across Singapore and Asia, providing resources to boost their growth. Established in 2008, the Emerging Enterprise Award recognises startups and young businesses across Singapore and Asia, providing resources to boost their growth. https://www.businesstimes.com.sg/opinion-features/singapores-wealth-management-success-should-extend-everyday-families?ai-allowed=1 The Business Times en 2026-10-13T07:00:00+08:00 Singapore’s wealth management success should extend to everyday families https://cassette.sphdigital.com.sg/image/businesstimes/6ca854505c3ffde7116b4da057a4346c439c390d5d83f45e3c24037f4963bfd6 The wealthy buy time, synthesis and judgment. Everyone else is handed information and left to assemble it themselves. The wealthy buy time, synthesis and judgment. Everyone else is handed information and left to assemble it themselves. https://www.businesstimes.com.sg/companies-markets/applied-materials-will-double-sales-not-headcount-thanks-ai The Business Times en 2026-10-13T06:56:08+08:00 Applied Materials will double sales, not headcount, thanks to AI https://cassette.sphdigital.com.sg/image/businesstimes/9826b1c86023a61525e8ddfdb51c236b78fcb9f523744a04acbea8b81a4b3cc2 Applied Materials, the biggest US producer of chipmaking machinery, is benefiting from a surge in demand for gear to fuel the AI boom.  Applied Materials, the biggest US producer of chipmaking machinery, is benefiting from a surge in demand for gear to fuel the AI boom.  https://www.businesstimes.com.sg/international/saudi-airport-carnage-puts-trump-difficult-position-amid-pressure-boost-us-role-yemen The Business Times en 2026-10-13T06:45:06+08:00 Saudi airport carnage puts Trump in ‘difficult position’ amid pressure to boost US role in Yemen https://cassette.sphdigital.com.sg/image/businesstimes/137c196cadfdef5d75e08a58700fd1bc331867416f16e3da39382e933a1cd6b9 US President Donald Trump said over the weekend that he would look into joining Saudi-backed strikes against the Houthis.  US President Donald Trump said over the weekend that he would look into joining Saudi-backed strikes against the Houthis.  https://www.businesstimes.com.sg/international/saudi-led-coalition-says-it-destroyed-houthi-ballistic-missile-fired-towards-riyadh The Business Times en 2026-10-13T06:26:33+08:00 Saudi-led coalition says it destroyed Houthi ballistic missile fired towards Riyadh https://cassette.sphdigital.com.sg/image/businesstimes/a9593d3def8b13c2e0296ac965bf1a52057b678ddf8ff783cd13675ce69ed824 Footage of an attack at King Khalid International Airport in Riyadh on Oct 10. The Houthis have been attacking Saudi airports and oil facilities since last week. Footage of an attack at King Khalid International Airport in Riyadh on Oct 10. The Houthis have been attacking Saudi airports and oil facilities since last week. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-russian-diesel-supply-prospects-counter-gulf-supply-risks The Business Times en 2026-10-13T06:09:32+08:00 Oil falls as Russian diesel supply prospects counter Gulf supply risks https://cassette.sphdigital.com.sg/image/businesstimes/1b1942a60237feaa6cc95f2cb1e88101c83f6c84b7d0b632ec767291d7a270a3 Oil has risen more than 70% in 2026 so far as the US war on Iran roils energy markets. Oil has risen more than 70% in 2026 so far as the US war on Iran roils energy markets. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europes-stoxx-600-ends-higher-bank-stocks-cushion-oil-price-hit The Business Times en 2026-10-13T05:58:47+08:00 Europe's Stoxx 600 ends higher as bank stocks cushion oil price hit https://cassette.sphdigital.com.sg/image/businesstimes/846ee9c73cbc406152cc186d53a4fbf926e164aa6fb33f32c40fab4434f32bef After weeks of being swayed by broader economic factors such as crude prices and bond yields, investors are expected to zero in on corporate earnings this week. After weeks of being swayed by broader economic factors such as crude prices and bond yields, investors are expected to zero in on corporate earnings this week.