https://www.businesstimes.com.sg/singapore/singapore-will-deepen-regional-connections-asean-chair-2027-pm-wong?ai-allowed=1 The Business Times en 2026-10-08T22:48:44+08:00 Singapore will deepen regional connections as Asean chair in 2027: PM Wong https://cassette.sphdigital.com.sg/image/businesstimes/56f920126b53db3c3716295f29b4abb80057f4abd35d7895a69ddfd13a570458 Prime Minister Lawrence Wong with Forbes’ editor-in-chief Steve Forbes in conversation on the second and final day of the Forbes Global CEO Conference. Prime Minister Lawrence Wong with Forbes’ editor-in-chief Steve Forbes in conversation on the second and final day of the Forbes Global CEO Conference. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-opens-lower-oil-jump-high-yields-fuel-inflation-concerns The Business Times en 2026-10-08T21:58:43+08:00 US stocks: Wall Street opens lower as oil jump, high yields fuel inflation concerns https://cassette.sphdigital.com.sg/image/businesstimes/0642543aa8177fb0d59d11282c5f716a8768de2e0a540a374c8cc20b98bcac3b The Dow Jones Industrial Average fell 178.5 points, or 0.35 per cent, to 51,001.38.  The Dow Jones Industrial Average fell 178.5 points, or 0.35 per cent, to 51,001.38.  https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsoft-expands-xboxs-movie-tv-ambitions-new-division The Business Times en 2026-10-08T21:06:48+08:00 Microsoft expands Xbox’s movie, TV ambitions with new division https://cassette.sphdigital.com.sg/image/businesstimes/92aa5517ec4850a4933381c9cf35defebe4ee31c56142abc65e111f1c777a935 An animated Netflix series inspired by Diablo and a Call of Duty movie are in the works. An animated Netflix series inspired by Diablo and a Call of Duty movie are in the works. https://www.businesstimes.com.sg/property/prima-move-out-historic-keppel-road-flour-mill-building-2028?ai-allowed=1 The Business Times en 2026-10-08T20:48:30+08:00 Prima to move out of historic Keppel Road flour mill building in 2028 https://cassette.sphdigital.com.sg/image/businesstimes/ddbf7d00bc66b10c098e1b287e7ff964dba28330d29648548152cab28b93fcc4 The 1960s-era complex sits in the 24-hectare HarbourFront precinct, which is being redeveloped as part of the government’s vision to develop the Greater Southern Waterfront. The 1960s-era complex sits in the 24-hectare HarbourFront precinct, which is being redeveloped as part of the government’s vision to develop the Greater Southern Waterfront. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-dollar-creeps-towards-18-month-high-euro-lags-bond-yields-rise-again?ai-allowed=1 The Business Times en 2026-10-08T20:44:09+08:00 US dollar creeps towards 18-month high, euro lags as bond yields rise again https://cassette.sphdigital.com.sg/image/businesstimes/b0aeca5a0eff1ca8f3df29206f2b15040225b4cc975c85ab827e5cca8fe813f9 The dollar index, which measures its strength against a basket of six currencies including the euro, rose 0.4% on Oct 7. The dollar index, which measures its strength against a basket of six currencies including the euro, rose 0.4% on Oct 7. https://www.businesstimes.com.sg/international/asean/johor-bahru-plans-rts-bus-hub-and-bigger-fleet-ahead-opening?ai-allowed=1 The Business Times en 2026-10-08T20:05:56+08:00 Johor Bahru plans RTS bus hub and bigger fleet ahead of opening  https://cassette.sphdigital.com.sg/image/businesstimes/330917dd280a88408b20c8e9ebb8cece0110ddce74be1a1c0921e3280c12fe95 Malaysia’s Transport Minister Anthony Loke at the launch of the BAS.MY Johor Bahru service expansion at JB Sentral. Malaysia’s Transport Minister Anthony Loke at the launch of the BAS.MY Johor Bahru service expansion at JB Sentral. https://www.businesstimes.com.sg/international/global/blended-finance-deals-east-asia-and-pacific-hit-us4-4-billion-2025?ai-allowed=1 The Business Times en 2026-10-08T20:02:26+08:00 Blended finance deals in East Asia and the Pacific hit US$4.4 billion in 2025 https://cassette.sphdigital.com.sg/image/businesstimes/ae0803c0a79012c100316c481429408ad13325459468a89f33fe34c7a4499d9a Across the globe, blended finance remained steady at US$25.8 billion in 2025, just slightly higher than US$25.7 billion in 2024. Across the globe, blended finance remained steady at US$25.8 billion in 2025, just slightly higher than US$25.7 billion in 2024. https://www.businesstimes.com.sg/international/uk-card-defaults-rise-longest-period-17-years-boe The Business Times en 2026-10-08T19:57:34+08:00 UK card defaults rise for longest period in 17 years: BOE https://cassette.sphdigital.com.sg/image/businesstimes/0e74853c8c1a838ba3f0e8859b1e79a929620a6117cfaf8296cb558fdf9eefc8 Figures suggest households are struggling to cope with the surge in borrowing costs since the Iran war began at the end of February.  Figures suggest households are struggling to cope with the surge in borrowing costs since the Iran war began at the end of February.  https://www.businesstimes.com.sg/companies-markets/ntt-dc-reit-proposes-dpu-linked-performance-fee-manager?ai-allowed=1 The Business Times en 2026-10-08T19:24:07+08:00 NTT DC Reit proposes DPU-linked performance fee for manager https://cassette.sphdigital.com.sg/image/businesstimes/2300cd484ec1834a8e13938f8ac5fdbdbfbf9faef18526d6e3ab46f0ad3317be The move ensures that higher fees are earned only upon achieving stronger DPU growth, the manager said in a statement on Thursday (Oct 8). The move ensures that higher fees are earned only upon achieving stronger DPU growth, the manager said in a statement on Thursday (Oct 8). https://www.businesstimes.com.sg/singapore/temasek-backed-uk-industrial-ai-firm-physicsx-sets-apac-hub-singapore?ai-allowed=1 The Business Times en 2026-10-08T19:00:00+08:00 Temasek-backed UK industrial AI firm PhysicsX sets up Apac hub in Singapore https://cassette.sphdigital.com.sg/image/businesstimes/7bc59f34e90bfd658d963c4ce3039b48380753e272f341db9e2b93cab9c00ea4 Jacomo Corbo, CEO and co-founder of PhysicsX. Jacomo Corbo, CEO and co-founder of PhysicsX, says Singapore combines advanced industry with deep technical talent and long-term capital. https://www.businesstimes.com.sg/companies-markets/temasek-related-azalea-seatown-seviora-capital-merge-2027?ai-allowed=1 The Business Times en 2026-10-08T18:48:13+08:00 Temasek-related Azalea, SeaTown, Seviora Capital to merge in 2027 https://cassette.sphdigital.com.sg/image/businesstimes/663d4227e953c3abbffca7cdac0247f1fc7bd408984a0f9e40aea1e74178eca4 Seviora expects the integration to create a more connected and seamless platform for clients, partners and employees. Seviora expects the integration to create a more connected and seamless platform for clients, partners and employees. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-82?ai-allowed=1 The Business Times en 2026-10-08T18:45:00+08:00 Daily Debrief: What Happened Today (Oct 8) https://cassette.sphdigital.com.sg/image/businesstimes/70cc89a24113527a19965284143d6e23b6e84cf9b8360e25451874a25354abb9 LTA is also seeking feedback on COE renewals and Category E.  LTA is also seeking feedback on COE renewals and Category E.  https://www.businesstimes.com.sg/companies-markets/singapore-banks-lead-sti-fall-3-5-thursday?ai-allowed=1 The Business Times en 2026-10-08T18:17:57+08:00 Singapore banks lead STI to fall 3.5% on Thursday https://cassette.sphdigital.com.sg/image/businesstimes/ae6ea9829d8691c3e7b6afe8f98a1a049c7e74800a4fbaf21c336905834b8a10 ATMs of OCBC, UOB and POSB Locally, concerns about bank earnings have accelerated profit-taking, which had a disproportionate impact on the STI. https://www.businesstimes.com.sg/lifestyle/arts-design/cliff-tan-has-7-million-followers-and-4-month-waitlist-why-wont-he-expand-his-business?ai-allowed=1 The Business Times en 2026-10-08T18:15:00+08:00 Cliff Tan has 7 million followers and a 4-month waitlist. Why won’t he expand his business? https://cassette.sphdigital.com.sg/image/businesstimes/c0969a826b51897848ec42b92e73bea023650c4f7afb592542eeb59fc984c5f9 Singaporean architect Cliff Tan has turned his accessible approach to home design into an international consultancy. Singaporean architect Cliff Tan has turned his accessible approach to home design into an international consultancy. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/uniqlo-track-overtake-hm-eyes-zara-global-no-1 The Business Times en 2026-10-08T18:09:16+08:00 Uniqlo on track to overtake H&M, eyes Zara for global No. 1 https://cassette.sphdigital.com.sg/image/businesstimes/b642fb1e0146c62e617708f6353f277a552622db2be93c056a10e1c6cc8768ea Uniqlo's Fifth Avenue outlet in New York City, its biggest global flagship store. Uniqlo's Fifth Avenue outlet in New York City, its biggest global flagship store. https://www.businesstimes.com.sg/lifestyle/presidents-volunteerism-philanthropy-awards-2026-introduces-youth-category-encourage-lifelong-giving?ai-allowed=1 The Business Times en 2026-10-08T18:02:49+08:00 President’s Volunteerism & Philanthropy Awards 2026 introduces youth category to encourage lifelong giving https://cassette.sphdigital.com.sg/image/businesstimes/0e2bd0b0be57a6bad3c4ce32e78be2b6b59787c264bd252a8cca67481fcd2706 image of Shoken Tsurumaru, one of the inaugural winners of PVPA’s new youth category, holding his award Shoken Tsurumaru, founder of Giveinstead.sg, is one of the inaugural winners of PVPA’s new youth category. https://www.businesstimes.com.sg/lifestyle/food-drink/unsung-sushi-ryujin?ai-allowed=1 The Business Times en 2026-10-08T18:00:00+08:00 Unsung sushi at Ryujin https://cassette.sphdigital.com.sg/image/businesstimes/a86cfb66a7a621a1ea9c59d648c20a0eb4bdbccd1d74d52c29bb2e97c55ecae6 Chef Torii Ryosuke, head chef of Sushi Ryujin. Chef Torii Ryosuke, head chef of Sushi Ryujin. https://www.businesstimes.com.sg/thrive/money-talk/buying-toys-grown-money?ai-allowed=1 The Business Times en 2026-10-08T17:51:11+08:00 Buying toys with grown-up money https://cassette.sphdigital.com.sg/image/businesstimes/77484f5a668a96710153d8e27e704812b115216f6c5e8be5983ad46260bfb6b0 BT BT https://www.businesstimes.com.sg/singapore/straits-times-publish-special-weekly-edition-october-support-readsg?ai-allowed=1 The Business Times en 2026-10-08T17:49:37+08:00 The Straits Times to publish special weekly edition in October in support of ReadSG https://cassette.sphdigital.com.sg/image/businesstimes/35364ee18000ed390d0cf5204624a38973492bd155fcd2582e44c5185af425c9 The 20-page publication will feature a round-up of key news articles from The Straits Times over the past week. The 20-page publication will feature a round-up of key news articles from The Straits Times over the past week. https://www.businesstimes.com.sg/companies-markets/search-elusive-unicorn-sgxs-global-listing-board?ai-allowed=1 The Business Times en 2026-10-08T17:36:35+08:00 In search of the elusive unicorn for SGX’s Global Listing Board https://cassette.sphdigital.com.sg/image/businesstimes/f42434eee88ed5685204ccb11e9a9a45e8972250cc7783f320dcd53a27c5ffd3 The Global Listing Board does practically eliminate traditional dual-listing pains, but liquidity requirements may prove a bridge too far for now. The Global Listing Board does practically eliminate traditional dual-listing pains, but liquidity requirements may prove a bridge too far for now. https://www.businesstimes.com.sg/companies-markets/starhub-acquire-myrepublics-mobile-business-amid-ongoing-telco-consolidation?ai-allowed=1 The Business Times en 2026-10-08T17:28:29+08:00 StarHub to acquire MyRepublic’s mobile business amid ongoing telco consolidation https://cassette.sphdigital.com.sg/image/businesstimes/e11f3b2e459c92b11b2af2f769c0a9d05f6f2a663ea88eb0ee564628d197f8e0 A StarHub shop. StarHub says the acquisition will allow greater scale to be directed towards sustained network investment, service innovation and customer experience.  https://www.businesstimes.com.sg/companies-markets/banking-finance/more-interest-rate-hikes-needed-there-flexibility-about-pace-feds-waller The Business Times en 2026-10-08T17:19:21+08:00 More interest rate hikes needed, but there is ‘flexibility’ about the pace: Fed’s Waller https://cassette.sphdigital.com.sg/image/businesstimes/b15d1b2fd377f58360fd73a2841ca16c30d1eb3eaeb96ba335ab824fa3f77083 “If the economic data continue to come in as expected, I anticipate additional hikes to support a timelier return of inflation to our 2 per cent goal,” Waller said. “If the economic data continue to come in as expected, I anticipate additional hikes to support a timelier return of inflation to our 2 per cent goal,” Waller said. https://www.businesstimes.com.sg/companies-markets/tsmcs-q3-revenue-surges-record-beating-market-forecast The Business Times en 2026-10-08T17:10:52+08:00 TSMC’s Q3 revenue surges to record, beating market forecast https://cassette.sphdigital.com.sg/image/businesstimes/556d0aeab7b5ea2533143b4fbbaa066ad8752c51a1f7ae300bf7dccd1e4708a1 The world’s largest contract chipmaker is scheduled to report Q3 earnings next Thursday, where it will also update its outlook and plans for the current quarter and the rest of the year. The world’s largest contract chipmaker is scheduled to report Q3 earnings next Thursday, where it will also update its outlook and plans for the current quarter and the rest of the year. https://www.businesstimes.com.sg/opinion-features/take-some-pain-today-growth-tomorrow-why-policymakers-should-heed-imfs-call?ai-allowed=1 The Business Times en 2026-10-08T17:00:00+08:00 ‘Take some pain today for growth tomorrow’: Why policymakers should heed IMF’s call https://cassette.sphdigital.com.sg/image/businesstimes/8172c3caf497ddc4d437cd3139236a2c472a43e340927d4650639beb0a753277 In her agenda-setting curtain-raiser speech in Singapore on Oct 7, IMF managing director Kristalina Georgieva warned that “winter is coming”. In her agenda-setting curtain-raiser speech in Singapore on Oct 7, IMF managing director Kristalina Georgieva warned that “winter is coming”. https://www.businesstimes.com.sg/singapore/lta-proposes-combining-car-coe-categories-adding-rebate-surcharge-system?ai-allowed=1 The Business Times en 2026-10-08T17:00:00+08:00 LTA proposes combining car COE categories, adding rebate-surcharge system https://cassette.sphdigital.com.sg/image/businesstimes/508dd9882b892f302a12f3d10a4e1c0c7b3356eeed63343c307b2ba7c360820c Vehicles on the road in Singapore Related issues that LTA is also seeking feedback on are over COE renewals and Category E. https://www.businesstimes.com.sg/lifestyle/meet-7-year-old-making-his-racing-debut-thailand-better-yet-join-him?ai-allowed=1 The Business Times en 2026-10-08T16:48:46+08:00 Meet the 7-year-old making his racing debut in Thailand. Better yet, join him https://cassette.sphdigital.com.sg/image/businesstimes/d56186c1b39144cc0d71b36f8d63e2bea0a2356f76debdc4e95a3ea0d163f4b7 Shane New, who is seven, already has a year of racing competition at the former KF1 circuit in Kranji under his belt. Shane New, who is seven, already has a year of racing competition at the former KF1 circuit in Kranji under his belt. https://www.businesstimes.com.sg/international/asean/metro-pacific-tightens-grip-philippine-power-giant-meralco-san-miguel-trims-stake?ai-allowed=1 The Business Times en 2026-10-08T16:46:36+08:00 Metro Pacific tightens grip on Philippine power giant Meralco as San Miguel trims stake https://cassette.sphdigital.com.sg/image/businesstimes/c120d398a56c33ef61a27b9e7a377cdf3c99f159c01518d340ecf27a9a4776f9 The logo of San Miguel Corp. is displayed at the company’s headquarters, in Manila, the Philippines The purchase comes at more than six times San Miguel’s original acquisition price. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tencent-mulls-us5-billion-bond-offering-ai-push-ramps The Business Times en 2026-10-08T16:26:36+08:00 Tencent mulls US$5 billion bond offering as AI push ramps up https://cassette.sphdigital.com.sg/image/businesstimes/0232054aa2b144e5c939bfbdb9a5c00536fc2e52524d2e31f8d00387b301cdbc Tencent has been ramping up its AI-related spending as it tries to catch up to rivals such as ByteDance and Alibaba. Tencent has been ramping up its AI-related spending as it tries to catch up to rivals such as ByteDance and Alibaba. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-dip-banks-hit-over-3-month-low-oil-prices-weigh The Business Times en 2026-10-08T16:06:20+08:00 European shares dip as banks hit over 3-month low, oil prices weigh https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index was down 0.9 per cent to 624.24 points, as of 0723 GMT on Thursday. The Stoxx 600 index was down 0.9 per cent to 624.24 points, as of 0723 GMT on Thursday. https://www.businesstimes.com.sg/property/rate-hike-fears-seen-weighing-uk-housing-market The Business Times en 2026-10-08T15:24:13+08:00 Rate hike fears seen weighing on UK housing market https://cassette.sphdigital.com.sg/image/businesstimes/8bb1a0e113af8d3755693b04d2f0e8fda42d336c4a51be1bade4d5e03402fbaa Britain’s Office for National Statistics reported a 3.8% annual rise in rents for private-sector housing in August and a 1.4% rise in house prices in the 12 months to July. Britain’s Office for National Statistics reported a 3.8% annual rise in rents for private-sector housing in August and a 1.4% rise in house prices in the 12 months to July. https://www.businesstimes.com.sg/lifestyle/english-whisky-gets-boost-uk-and-scots-are-not-amused The Business Times en 2026-10-08T15:17:45+08:00 English whisky gets a boost from the UK, and Scots are not amused https://cassette.sphdigital.com.sg/image/businesstimes/f1d2fa762ac4bbd38910fe38af67fc2533598f83fa45cb5ced47d61a97f5f49a A growing cadre of English distillers have won protected status for their liquor but Scotch producers fear that they’ll lose prestige. A growing cadre of English distillers have won protected status for their liquor but Scotch producers fear that they’ll lose prestige. https://www.businesstimes.com.sg/international/chinas-funding-development-institutions-sharply-study The Business Times en 2026-10-08T14:58:09+08:00 China’s funding of development institutions up sharply: study https://cassette.sphdigital.com.sg/image/businesstimes/928e9181f526723a8b1f88be859777078c4e312b36e0f7cc975c62c42c62e742 China, close to being declared a high-income country, has sharply reduced its borrowing from development banks, with total borrowing down to US$4.7 billion in 2024 from US$8 billion in 2021. China, close to being declared a high-income country, has sharply reduced its borrowing from development banks, with total borrowing down to US$4.7 billion in 2024 from US$8 billion in 2021. https://www.businesstimes.com.sg/singapore/singapore-grand-prix-entertainment-may-be-curbed-if-haze-worsens-fia-says The Business Times en 2026-10-08T14:55:30+08:00 Singapore Grand Prix entertainment may be curbed if haze worsens, FIA says https://cassette.sphdigital.com.sg/image/businesstimes/4fe732ec68ef87b9a65ba2bd98c4fff19c8c9364ec3f376c746d6f77059ede38 Singapore has been shrouded in smoke for weeks due to forest fires in Indonesia. Singapore has been shrouded in smoke for weeks due to forest fires in Indonesia. https://www.businesstimes.com.sg/companies-markets/banking-finance/goldman-sachs-says-middle-managers-risk-new-hires-oversee-ai The Business Times en 2026-10-08T14:44:18+08:00 Goldman Sachs says middle managers at risk as new hires oversee AI https://cassette.sphdigital.com.sg/image/businesstimes/9369646f1e05a5bf53c694cf5256cd6f41a77196d7dfaf8e9e2c3085604a8bd5 Thousands of jobs are set to be upended in the financial industry, as AI changes the kind of roles that will be available in future.  Thousands of jobs are set to be upended in the financial industry, as AI changes the kind of roles that will be available in future.  https://www.businesstimes.com.sg/property/oue-reit-confirms-ioi-properties-capitaland-talks-one-raffles-place-says-no-binding-deal-reached-yet?ai-allowed=1 The Business Times en 2026-10-08T14:23:10+08:00 OUE Reit confirms IOI Properties, CapitaLand in talks for One Raffles Place, says no binding deal reached yet https://cassette.sphdigital.com.sg/image/businesstimes/4bad2a65b2a85bf518d741f606d2bad91e917c654182de5641d1215990ef1fcf Market estimates place the indicative value of the prime commercial property between S$2.3 billion and S$2.4 billion. Market estimates place the indicative value of the prime commercial property between S$2.3 billion and S$2.4 billion. https://www.businesstimes.com.sg/international/asean/vietnam-says-its-trade-deal-negotiations-us-are-largely-completed The Business Times en 2026-10-08T14:18:58+08:00 Vietnam says its trade deal negotiations with US are largely completed https://cassette.sphdigital.com.sg/image/businesstimes/3ae937db5e1f215f61cb9d1cf9030a81ef124dd55ad137eb1487ee4f45c12d52 Vietnam’s trade surplus with the US reached US$122.62 billion in the first nine months of 2026, up 23.8 per cent from a year ago. Vietnam’s trade surplus with the US reached US$122.62 billion in the first nine months of 2026, up 23.8 per cent from a year ago. https://www.businesstimes.com.sg/international/asean/us-opens-direct-talks-myanmars-generals-reversing-years-isolation The Business Times en 2026-10-08T13:56:41+08:00 US opens direct talks with Myanmar’s generals, reversing years of isolation  https://cassette.sphdigital.com.sg/image/businesstimes/56ca6167787fc727639cffd482bd056bddc1412f940c7780f5b915795f3020a8 Myanmar's President Min Aung Hlaing remains under US sanctions for human rights abuses. Myanmar's President Min Aung Hlaing remains under US sanctions for human rights abuses. https://www.businesstimes.com.sg/international/asean/malaysia-builds-new-silicon-island-house-its-ai-ambitions The Business Times en 2026-10-08T13:39:05+08:00 Malaysia builds a new ‘Silicon Island’ to house its AI ambitions https://cassette.sphdigital.com.sg/image/businesstimes/5323ca7b9419b942db3a7254671f84fb959a3a24894014e05b72eb1ea57ea3a9 Once complete, the 930-hectare area is expected to entrench Malaysia’s role in the global semiconductor industry and create some 220,000 jobs by 2050. Once complete, the 930-hectare area is expected to entrench Malaysia’s role in the global semiconductor industry and create some 220,000 jobs by 2050. https://www.businesstimes.com.sg/international/asean/malaysian-chip-firm-sqai-said-plan-us73-million-ipo-early-2027 The Business Times en 2026-10-08T13:08:15+08:00 Malaysian chip firm SQAI said to plan US$73 million IPO in early 2027 https://cassette.sphdigital.com.sg/image/businesstimes/a87b2fb4154c6e7a5c7e8b2d9fc69ceed00fa75b310539dac8a99b907befae8a SQAI’s draft prospectus shows it aims to sell about 337.5 million shares and use the proceeds on facility expansion, research and development and other areas.  SQAI’s draft prospectus shows it aims to sell about 337.5 million shares and use the proceeds on facility expansion, research and development and other areas.  https://www.businesstimes.com.sg/companies-markets/banking-finance/china-based-suspect-south-korea-bank-hacks-used-ai-claude-tools-crowdstrike-report The Business Times en 2026-10-08T12:34:02+08:00 China-based suspect in South Korea bank hacks used AI, Claude tools: CrowdStrike report https://cassette.sphdigital.com.sg/image/businesstimes/c3b49e7fee6e9b69d0e2b09462106969b709cbf1dba01fe33cac9c3b6164e0ab CrowdStrike said it made the assessment "with moderate confidence” based on the use of the Chinese-developed tool and Chinese-language prompts. CrowdStrike said it made the assessment "with moderate confidence” based on the use of the Chinese-developed tool and Chinese-language prompts. https://www.businesstimes.com.sg/singapore/we-will-not-stop-hiring-uob-ceo-plans-recruit-1000-graduates-ai-reshapes-entry-level-work?ai-allowed=1 The Business Times en 2026-10-08T12:00:00+08:00 ‘We will not stop hiring’: UOB CEO on plans to recruit 1,000 graduates as AI reshapes entry-level work https://cassette.sphdigital.com.sg/image/businesstimes/0f2034ae83515646e96078c6d04cdd7ae5d10a33456ae2ca30fb06c47f164887 The bank is committed to investing in the next generation and building the workforce UOB will need in the years ahead, says CEO Wee Ee Cheong. The bank is committed to investing in the next generation and building the workforce UOB will need in the years ahead, says CEO Wee Ee Cheong. https://www.businesstimes.com.sg/lifestyle/travel-wellness/i-gave-my-dream-realise-dreams-others-cambodian-law-graduate-turned-ngo-co-founder?ai-allowed=1 The Business Times en 2026-10-08T12:00:00+08:00 ‘I gave up my dream to realise the dreams of others’: Cambodian law graduate-turned-NGO co-founder https://cassette.sphdigital.com.sg/image/businesstimes/da556e9340c9caa267f7495a921ce5ed9e49b2e1494a2e37e950ce547f697dc4 Ngon Sokleap, CEO and co-founder of Smiling Gecko Cambodia. Ngon Sokleap, CEO and co-founder of Smiling Gecko Cambodia. https://www.businesstimes.com.sg/companies-markets/reinvented-pc-microsoft-says-new-laptop-nvidia-chip-outperforms-macbooks-ai-tasks The Business Times en 2026-10-08T11:54:07+08:00 ‘Reinvented’ PC: Microsoft says new laptop with Nvidia chip outperforms MacBooks on AI tasks https://cassette.sphdigital.com.sg/image/businesstimes/dc0cce4a7805cfa9ca1bba3c8ff420df720be9a3d2d09d8f04b9b6d0c8921508 The device will start at US$2,599, about US$400 less than an entry-level version of the MacBook Pro. The device will start at US$2,599, about US$400 less than an entry-level version of the MacBook Pro. https://www.businesstimes.com.sg/companies-markets/amazons-fresh-job-cuts-hit-retail-division-under-1000-white-collar-staff-affected-source-says The Business Times en 2026-10-08T11:15:16+08:00 Amazon’s fresh job cuts hit retail division; under 1,000 white collar staff affected, source says https://cassette.sphdigital.com.sg/image/businesstimes/d47e75b5d6bae61ae4c1397dab723dc600cf4587ad51fbdc364034b6e7c09060 The cuts which hit the unit overseeing the main e-commerce site coincide with one of Amazon’s biggest shopping days, which it calls Prime Big Deal Days. The cuts which hit the unit overseeing the main e-commerce site coincide with one of Amazon’s biggest shopping days, which it calls Prime Big Deal Days. https://www.businesstimes.com.sg/international/asean/malaysian-chip-designers-eye-new-business-through-japanese-foundry-rapidus?ai-allowed=1 The Business Times en 2026-10-08T10:47:41+08:00 Malaysian chip designers eye new business through Japanese foundry Rapidus https://cassette.sphdigital.com.sg/image/businesstimes/0345c5d1da97b2f3aacaa080b948ff18611505478a9b17a637d61e3460e1adb8 The logo of Rapidus displayed at the company’s Tokyo headquarters. Rapidus says the ecosystem framework aims to address the global advanced semiconductor talent shortage. https://www.businesstimes.com.sg/international/nvidia-backed-firmus-said-close-books-mega-ipo-struggles The Business Times en 2026-10-08T10:41:11+08:00 Nvidia-backed Firmus said to close books as mega IPO struggles https://cassette.sphdigital.com.sg/image/businesstimes/c822622726d930313f6308d8cff47ac9db0c86720192f084ea51fb88b452d9d4 The close of the bookbuilding process was said to have moved up to Thursday from Friday after early indications from investors well in excess of the offer size. The close of the bookbuilding process was said to have moved up to Thursday from Friday after early indications from investors well in excess of the offer size. https://www.businesstimes.com.sg/companies-markets/dbs-ocbc-uob-rout-lops-billions-sti-inflation-rate-concerns-spook-investors?ai-allowed=1 The Business Times en 2026-10-08T10:32:10+08:00 DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors https://cassette.sphdigital.com.sg/image/businesstimes/54e991d301dbd5db5bcb42ea92a115fbe190e198de518e663c5932a68540f5d7 All three local banks ended lower, with OCBC declining 4.3% or S$1.30 to S$29. All three local banks ended lower, with OCBC declining 4.3% or S$1.30 to S$29. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japan-south-korea-shares-fall-asian-stocks-drop-inflation-fears-oil-gains The Business Times en 2026-10-08T10:03:26+08:00 Japan, South Korea shares fall as Asian stocks drop on inflation fears, oil gains https://cassette.sphdigital.com.sg/image/businesstimes/d14a84501f67dc06fb3996b3a6f3e03f5a5003048e862287dbb9e983bc030902 As at 9.03 am Tokyo time, the Hang Seng futures fell 0.6%, Japan’s Topix fell 0.9% and Australia’s S&P/ASX 200 fell 0.4%. As at 9.03 am Tokyo time, the Hang Seng futures fell 0.6%, Japan’s Topix fell 0.9% and Australia’s S&P/ASX 200 fell 0.4%. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-prices-recover-two-month-low-us-dollar-rally-stalls The Business Times en 2026-10-08T09:16:52+08:00 Gold prices recover from two-month low as US dollar rally stalls https://cassette.sphdigital.com.sg/image/businesstimes/1dea99b6412cdbb5162d6a2b840397b3a6b1916b1955ceb75d9a8c550819c870 The pullback in the US dollar makes greenback-denominated gold less expensive for holders of other currencies. The pullback in the US dollar makes greenback-denominated gold less expensive for holders of other currencies. https://www.businesstimes.com.sg/companies-markets/samsung-reaches-new-profit-record-memory-chip-windfall The Business Times en 2026-10-08T09:04:18+08:00 Samsung reaches new profit record with memory chip windfall https://cassette.sphdigital.com.sg/image/businesstimes/ef497224b0fcd2118be6a9a0ff312191ea74f95caced5c0be24fbf743337e1cc Samsung’s chip plant in Hwaseong, South Korea. The results underscore how sharply the economics of the AI boom have swung in favour of the firm. Samsung’s chip plant in Hwaseong, South Korea. The results underscore how sharply the economics of the AI boom have swung in favour of the firm. https://www.businesstimes.com.sg/companies-markets/revolut-set-cbd-office-collyer-quay-puts-s350-million-singapore-expansion?ai-allowed=1 The Business Times en 2026-10-08T09:00:00+08:00 Revolut to set up CBD office in Collyer Quay, puts S$350 million into Singapore expansion https://cassette.sphdigital.com.sg/image/businesstimes/b386a0abfb3f1dc39183ab293e3f1da2a910f958b9c5cb5dc6f6a488be92fcfd The 8,880 sq ft space at Collyer Quay Centre is slated to open in early 2027. The 8,880 sq ft space at Collyer Quay Centre is slated to open in early 2027. https://www.businesstimes.com.sg/companies-markets/sk-hynixs-flash-memory-unit-solidigm-said-pick-banks-us-ipo-2027 The Business Times en 2026-10-08T08:33:35+08:00 SK Hynix’s flash memory unit Solidigm said to pick banks for US IPO in 2027 https://cassette.sphdigital.com.sg/image/businesstimes/505c38c78dfd6bb4de7c258f977cb390abf708c15f40dcd4979685579013883f A listing could take place as soon as 2027 and value the company at up to US$100 billion. A listing could take place as soon as 2027 and value the company at up to US$100 billion. https://www.businesstimes.com.sg/companies-markets/stocks-watch-sia-capitaland-investment?ai-allowed=1 The Business Times en 2026-10-08T08:17:36+08:00 Stocks to watch: SIA, CapitaLand Investment https://cassette.sphdigital.com.sg/image/businesstimes/2b8116103d44e825c63cf28f6d94fae19829527cb6319e12b20bb3b8f034347f Singapore Airlines and Air India will offer standalone code-share flights and “enhanced” frequent-flyer benefits. Singapore Airlines and Air India will offer standalone code-share flights and “enhanced” frequent-flyer benefits. https://www.businesstimes.com.sg/international/attacks-tankers-hormuz-hit-highest-any-week-start-iran-war-sources-say The Business Times en 2026-10-08T07:06:11+08:00 Attacks on tankers in Hormuz hit highest of any week since start of Iran war, sources say https://cassette.sphdigital.com.sg/image/businesstimes/f237bac91e75b3a140b98741458f24a66a7a6299bc1ab66ea2cdeea4021a4e5e In the week of Sep 28 to Oct 5, there were at least 12 attacks on oil, LNG and liquefied petroleum gas tankers around the Strait of Hormuz, data shows. In the week of Sep 28 to Oct 5, there were at least 12 attacks on oil, LNG and liquefied petroleum gas tankers around the Strait of Hormuz, data shows. https://www.businesstimes.com.sg/opinion-features/why-legacy-car-companies-should-go-goodwill-hunting?ai-allowed=1 The Business Times en 2026-10-08T07:00:00+08:00 Why legacy car companies should go goodwill hunting https://cassette.sphdigital.com.sg/image/businesstimes/c9e7d250914e695d7e8f1059aa529032be94dd00044bf69b414ef6f511e839c5 The triumph of the tried-and-true over the bold-and-new presents a lesson for legacy car companies. The triumph of the tried-and-true over the bold-and-new presents a lesson for legacy car companies. https://www.businesstimes.com.sg/events-awards/emerging-enterprise/emerging-enterprise-2026/building-bridges-spaces-between?ai-allowed=1 The Business Times en 2026-10-08T07:00:00+08:00 Building bridges in the spaces between https://cassette.sphdigital.com.sg/image/businesstimes/eb6534a7006b287a4b9d0f38c905247a2f11a3815e515d6e68fcf11b00c58491 Singapore skyline The Emerging Enterprise Award celebrates young businesses across Asia that pair innovation with sustainable growth and the ability to scale. https://www.businesstimes.com.sg/singapore/smes/cakes-clicks-gen-z-couple-turns-cake-content-18-revenue-boost?ai-allowed=1 The Business Times en 2026-10-08T07:00:00+08:00 From cakes to clicks: Gen Z couple turns cake content into an 18% revenue boost https://cassette.sphdigital.com.sg/image/businesstimes/2c5cb4995a1ca4df9cb41b62d7ccbc737a8ae37194b1f3d69d1c77fb8cddf073 Chan Kai Yang and Zhuo Jiayi are taking their family cake business beyond the kitchen by using social media to build a brand around their creations. Chan Kai Yang and Zhuo Jiayi are taking their family cake business beyond the kitchen by using social media to build a brand around their creations. https://www.businesstimes.com.sg/opinion-features/banks-cannot-fight-modern-scams-fragmented-data The Business Times en 2026-10-08T07:00:00+08:00 Banks cannot fight modern scams with fragmented data https://cassette.sphdigital.com.sg/image/businesstimes/2b07760495d8debdf6b6f5969abb84b1ade26d84b77250a1fd2d9e0e0fd48ffb In more than 80% of scams in H1 2026, the victims moved the money themselves; scammers did not take control of their accounts, creating a new challenge for banks. In more than 80% of scams in H1 2026, the victims moved the money themselves; scammers did not take control of their accounts, creating a new challenge for banks. https://www.businesstimes.com.sg/opinion-features/right-dominates-south-america-their-mandate-weaker-it-looks?ai-allowed=1 The Business Times en 2026-10-08T07:00:00+08:00 The right dominates South America – but their mandate is weaker than it looks https://cassette.sphdigital.com.sg/image/businesstimes/ba0eb3266e1ade0acfc56ac979646bd653e63a02c46983e01cb14aa1a6975dac A Flavio Bolsonaro win in Brazil would give the right the continent’s largest economy and hand Washington its most valuable regional ally. A Flavio Bolsonaro win in Brazil would give the right the continent’s largest economy and hand Washington its most valuable regional ally. https://www.businesstimes.com.sg/startups-tech/technology/broadcom-plans-us50-billion-financing-openai-chips-wsj-says The Business Times en 2026-10-08T06:53:45+08:00 Broadcom plans US$50 billion financing for OpenAI chips, WSJ says https://cassette.sphdigital.com.sg/image/businesstimes/3a8e9d424aa442bdb2cfa95c1316860546e5eb9c77e582c6cbe04739160940df Broadcom said in June it established a platform to help finance over 20 gigawatts in computing capacity for AI developers including Anthropic and OpenAI. Broadcom said in June it established a platform to help finance over 20 gigawatts in computing capacity for AI developers including Anthropic and OpenAI. https://www.businesstimes.com.sg/international/saudi-airports-strikes-kill-three-yemen-fighting-escalates-syria-provide-hormuz-bypass-option The Business Times en 2026-10-08T06:42:26+08:00 Saudi airports strikes kill three as Yemen fighting escalates; Syria to provide Hormuz-bypass option https://cassette.sphdigital.com.sg/image/businesstimes/79288a5c12e127a95aff7e619858d60e86db332cdc029f3d0aac4e3458c3ad9a Smoke rises from a Saudi Aramco refinery after reported Houthi attacks (pictured). The airport attacks were part of a series of strikes targeting aviation infrastructure. Smoke rises from a Saudi Aramco refinery after reported Houthi attacks (pictured). The airport attacks were part of a series of strikes targeting aviation infrastructure. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-jumps-middle-east-supply-concerns-persist-amid-shipping-attacks The Business Times en 2026-10-08T06:09:13+08:00 Oil jumps as Middle East supply concerns persist amid shipping attacks https://cassette.sphdigital.com.sg/image/businesstimes/69faea95cf0c647eca6d692ec870f885d1ef2452d15ef5039bd696d8e12c941f Oil prices are also gaining on supply curtailments as a hurricane moves toward offshore production areas in the US. Oil prices are also gaining on supply curtailments as a hurricane moves toward offshore production areas in the US. https://www.businesstimes.com.sg/companies-markets/european-shares-slip-after-three-day-gain-rise-oil-yields-weigh The Business Times en 2026-10-08T05:58:22+08:00 European shares slip after three-day gain as rise in oil, yields weigh https://cassette.sphdigital.com.sg/image/businesstimes/a3149005856641743256efd978de14bf2869e3e8a511e69fe832a4df67b091af Tech and mining stocks led declines. Tech and mining stocks led declines. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-lower-record-highs-treasury-yields-climb The Business Times en 2026-10-08T05:54:38+08:00 Wall Street ends lower, off record highs, as Treasury yields climb https://cassette.sphdigital.com.sg/image/businesstimes/9ed05900195e85c5242b39aa74906a3d8f017eb30e83aad14945b5b3750e3d37 Stocks pared losses after crude prices turned lower following the International Energy Agency’s agreement to speed up the release of oil stocks, prioritizing diesel. Stocks pared losses after crude prices turned lower following the International Energy Agency’s agreement to speed up the release of oil stocks, prioritizing diesel. https://www.businesstimes.com.sg/international/us-vice-president-vance-says-iran-must-cut-enrichment-end-war The Business Times en 2026-10-07T22:39:01+08:00 US Vice-President Vance says Iran must cut enrichment to end war https://cassette.sphdigital.com.sg/image/businesstimes/2e922461289e9e3372d31e851e625fb7d204b679093e74b7948b62aa02773c3c US Vice-President JD Vance said the US remained open to an agreement but would require concrete Iranian nuclear concessions. US Vice-President JD Vance said the US remained open to an agreement but would require concrete Iranian nuclear concessions. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-opens-lower-bond-yields-and-oil-rebound-fed-minutes-focus The Business Times en 2026-10-07T22:26:20+08:00 US stocks: Wall Street opens lower as bond yields and oil rebound; Fed minutes in focus https://cassette.sphdigital.com.sg/image/businesstimes/54b3e1baf74adcd0fe0bfceb5274b0084f4b47df3ef9fbee87c7433229f25ef5 The Dow Jones Industrial Average fell 325.06 points, or 0.63 per cent, at the open to 51,196.22.  The Dow Jones Industrial Average fell 325.06 points, or 0.63 per cent, at the open to 51,196.22.  https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-falls-us650-million-risky-crypto-bets-wiped-out The Business Times en 2026-10-07T22:17:29+08:00 Bitcoin falls as US$650 million in risky crypto bets wiped out https://cassette.sphdigital.com.sg/image/businesstimes/ff962a851866ddc2c151f70403299a06409e63a5aa2007e509ee29683b5396ed Bitcoin fell as much as 2.8 per cent to US$83,248 on Wednesday. Bitcoin fell as much as 2.8 per cent to US$83,248 on Wednesday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/assets-tokenize-xchange-founder-and-his-ex-wife-frozen-court-order?ai-allowed=1 The Business Times en 2026-10-07T22:14:18+08:00 Assets of Tokenize Xchange founder and his ex-wife frozen by court order https://cassette.sphdigital.com.sg/image/businesstimes/661c19446138158606b821da6117c70cbfddf79bbe05229fc7e9278083f0a82e Hong Qi Yu denies being the sole decision-maker and driving force behind AmazingTech, the operating entity behind Tokenize. Hong Qi Yu denies being the sole decision-maker and driving force behind AmazingTech, the operating entity behind Tokenize. https://www.businesstimes.com.sg/international/asean/thailand-last-paragraph-us-trade-agreement-pm-anutin The Business Times en 2026-10-07T21:50:58+08:00 Thailand at ‘last paragraph’ of US trade agreement: PM Anutin https://cassette.sphdigital.com.sg/image/businesstimes/7c16d28dbbb1b1f6c78bef7bc25caec2252ee870ccdce8f802b9e0549ef5e4d5 Thai PM Anutin Charnvirakul said that he received a letter from President Trump last week confirming the deal is at its final stage. Thai PM Anutin Charnvirakul said that he received a letter from President Trump last week confirming the deal is at its final stage. https://www.businesstimes.com.sg/international/us-dollar-gains-oil-climbs-and-investors-focus-fed?ai-allowed=1 The Business Times en 2026-10-07T20:55:20+08:00 US dollar gains as oil climbs and investors focus on the Fed https://cassette.sphdigital.com.sg/image/businesstimes/e0823660a3a73934444a2ce0264e4c936bbdfbc55cb0c4d413ab329aeaedfca1 US Vice-President JD Vance told Reuters that to end a war that roiled energy markets, Iran must meaningfully reduce its nuclear enrichment capacity. US Vice-President JD Vance told Reuters that to end a war that roiled energy markets, Iran must meaningfully reduce its nuclear enrichment capacity. https://www.businesstimes.com.sg/singapore/crystal-jade-closes-four-more-outlets-cuts-120-jobs-ahead-proposed-sale?ai-allowed=1 The Business Times en 2026-10-07T20:52:43+08:00 Crystal Jade closes four more outlets, cuts 120 jobs ahead of proposed sale https://cassette.sphdigital.com.sg/image/businesstimes/73ea077143a63e110eee2c1323fa1a083b8c7dd5eac883b1c268f0f9558980bf The Kroll representatives do not expect further outlet closures in Singapore. The Kroll representatives do not expect further outlet closures in Singapore. https://www.businesstimes.com.sg/international/global/china-warns-eu-it-has-tools-ready-if-trade-tensions-escalate The Business Times en 2026-10-07T20:25:18+08:00 China warns EU it has tools ready if trade tensions escalate https://cassette.sphdigital.com.sg/image/businesstimes/9439f264e3146ab2aeb36ff7451610eb194fb138f229fcddf2ea1d6cf8d15538 The message comes days after France and Germany jointly urged the EU to adopt rules curbing Chinese imports. The message comes days after France and Germany jointly urged the EU to adopt rules curbing Chinese imports. https://www.businesstimes.com.sg/singapore/no-cap-autonomous-vehicles-given-growing-transport-needs-jeffrey-siow?ai-allowed=1 The Business Times en 2026-10-07T20:17:26+08:00 No cap on autonomous vehicles given growing transport needs: Jeffrey Siow https://cassette.sphdigital.com.sg/image/businesstimes/b66d9ba1f2f733af9c8ca56cf762284daec528582ceeb0cf6c06c955547a03d3 Singapore’s Minister for Transport Jeffrey Siow speaking in Parliament. Singapore will not impose a cap on the number of autonomous vehicles (AVs) as its transport needs are still growing. Minister for Transport Jeffrey Siow says it is “almost certain that the majority of point-to-point transport will be provided by human drivers” in five years’ time. https://www.businesstimes.com.sg/property/us-30-year-mortgage-rate-hits-highest-nearly-three-years The Business Times en 2026-10-07T19:59:08+08:00 US 30-year mortgage rate hits highest in nearly three years https://cassette.sphdigital.com.sg/image/businesstimes/59f9f460b4094cab372c448a5455f2a79c6345281954b57370a2aaafe959caeb The average 30-year fixed-rate mortgage surged 19 basis points to 7.49 per cent in the week ended Oct 2. The average 30-year fixed-rate mortgage surged 19 basis points to 7.49 per cent in the week ended Oct 2. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europe-stocks-retreat-after-three-day-rally-rising-yields-oil-prices-dent-sentiment The Business Times en 2026-10-07T19:20:20+08:00 Europe stocks retreat after three-day rally as rising yields, oil prices dent sentiment https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index was down 0.3 per cent to 635.02 points by 0500 GMT. The Stoxx 600 index was down 0.3 per cent to 635.02 points by 0500 GMT. https://www.businesstimes.com.sg/singapore/enterprisesg-invest-s120-million-over-5-years-support-sme-innovation?ai-allowed=1 The Business Times en 2026-10-07T19:07:25+08:00 EnterpriseSG to invest S$120 million over 5 years to support SME innovation https://cassette.sphdigital.com.sg/image/businesstimes/2ec0854ec262520fdafbd7fe170c815296f4a492a262c808755569f057ffee2d EnterpriseSG chairperson Lee Chuan Teck. Enterprise Singapore will invest up to S$120 million over the next five years to boost its Centres of Innovation, in a bid to support SMEs. EnterpriseSG chair Lee Chuan Teck says the goal is to help SMEs “access the support they need to innovate and grow in a more complex environment”. https://www.businesstimes.com.sg/international/global/tharman-imf-chief-warn-structural-risks-global-public-debt?ai-allowed=1 The Business Times en 2026-10-07T18:54:14+08:00 Tharman, IMF chief warn of structural risks from global public debt https://cassette.sphdigital.com.sg/image/businesstimes/afc3e82f3e3de864df7e04affc4311df1f706fdc8a0597046e6f69fba5d08445 International Monetary Fund managing director Kristalina Georgieva says fiscal deficits, public debt and high debt-servicing costs are getting harder to manage amid elevated rates. IMF’s Kristalina Georgieva (right, with Singapore’s President Tharman Shanmugaratnam) says fiscal deficits, public debt and high debt-servicing costs are getting harder to manage amid elevated rates. https://www.businesstimes.com.sg/property/ioi-properties-and-capitaland-investment-closer-acquiring-one-raffles-place-joint-bid?ai-allowed=1 The Business Times en 2026-10-07T18:42:05+08:00 IOI Properties and CapitaLand Investment closer to acquiring One Raffles Place in joint bid https://cassette.sphdigital.com.sg/image/businesstimes/1db3bd3114b4df13aa9c4877ba7e68c1e73e3b52b39a23058759aadfac6e1482 Group CEO Lee Yeow Seng at the Forbes Global CEO Conference in Singapore. Lee Yeow Seng, group CEO of IOI Properties Group, also notes that Shenton House’s redevelopment is scheduled to begin in early 2027. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-72 The Business Times en 2026-10-07T18:29:21+08:00 Daily Debrief: What Happened Today (Oct 7) https://cassette.sphdigital.com.sg/image/businesstimes/594ee5bcccb35a47a3f094068b149ed857139740c3d8bb57ebc47f4b787011e4 Shares of OCBC dropped more than 6% in intraday trading on Wednesday. Shares of OCBC dropped more than 6% in intraday trading on Wednesday. https://www.businesstimes.com.sg/companies-markets/banking-finance/us7-trillion-data-centre-boom-creating-gaps-insurance-cover-within-apac-report?ai-allowed=1 The Business Times en 2026-10-07T18:18:44+08:00 US$7 trillion data-centre boom is creating gaps in insurance cover within Apac: report https://cassette.sphdigital.com.sg/image/businesstimes/1f41ca7c3d72aeab39346451b0e8934c72647bff5d5d80d4f7e4fa2e00897016 Coverage for some of the largest data centres are worth more than the insurance market can comfortably absorb under a single policy, broker Howden says. Coverage for some of the largest data centres are worth more than the insurance market can comfortably absorb under a single policy, broker Howden says. https://www.businesstimes.com.sg/singapore/car-coe-premiums-resist-slow-market-remain-above-s130000?ai-allowed=1 The Business Times en 2026-10-07T18:17:54+08:00 Car COE premiums resist slow market to remain above S$130,000 https://cassette.sphdigital.com.sg/image/businesstimes/48456858a8c547e4429c747e7e659a3c2633bb380851088e3cf7271a78142540 The fact that premiums hardly budged even during a slow period of sales is typical of the current COE market, dealers say. The fact that premiums hardly budged even during a slow period of sales is typical of the current COE market, dealers say. https://www.businesstimes.com.sg/companies-markets/singapore-shares-fall-ocbc-uob-lead-stis-1-6-decline-wednesday?ai-allowed=1 The Business Times en 2026-10-07T18:14:43+08:00 Singapore shares fall; OCBC, UOB lead STI’s 1.6% decline on Wednesday https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5 The Straits Times Index’s decline comes as all three local banks end the day lower. The Straits Times Index’s decline comes as all three local banks end the day lower. https://www.businesstimes.com.sg/esg/singapore-may-be-able-import-only-half-2035-clean-energy-target-report The Business Times en 2026-10-07T18:08:04+08:00 Singapore may be able to import only half of 2035 clean energy target: report https://cassette.sphdigital.com.sg/image/businesstimes/6a3488bc0d2ef9f0d748a1d46f98a845f27f8a6c24a62bfbacf687057cf785a1 Singapore’s target of importing 6 GW of low-carbon electricity by 2035 is part of its broader plans to achieve net-zero emissions by 2050. Singapore’s target of importing 6 GW of low-carbon electricity by 2035 is part of its broader plans to achieve net-zero emissions by 2050. https://www.businesstimes.com.sg/international/asean/vietnams-central-bank-says-inflation-higher-targeted-remains-under-control The Business Times en 2026-10-07T17:58:37+08:00 Vietnam’s central bank says inflation is higher than targeted but remains under control https://cassette.sphdigital.com.sg/image/businesstimes/2a57a15d4e0b1de00fd059b697b7b754e4d13bf7de24e607829290afba3cf354 Vietnam reported GDP growth of 9.95% in Q3 of the year. Vietnam reported GDP growth of 9.95% in Q3 of the year. https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-air-india-expand-code-share-flights-reciprocal-mileage-perks?ai-allowed=1 The Business Times en 2026-10-07T17:04:25+08:00 SIA, Air India expand code-share flights, reciprocal mileage perks https://cassette.sphdigital.com.sg/image/businesstimes/2b8116103d44e825c63cf28f6d94fae19829527cb6319e12b20bb3b8f034347f Customers will be able to book eligible flights between India and Singapore operated by either SIA or Air India on a standalone basis. Customers will be able to book eligible flights between India and Singapore operated by either SIA or Air India on a standalone basis. https://www.businesstimes.com.sg/international/south-korea-unveils-us747-billion-energy-transition-plan-through-2035 The Business Times en 2026-10-07T17:04:01+08:00 South Korea unveils US$747 billion energy transition plan through 2035 https://cassette.sphdigital.com.sg/image/businesstimes/30537b36eb51d621f67fc58a0eb01ef16ad9440ec01c3240891c549e044f99a3 President Lee Jae-myung has called for South Korea to use its innovative edge to position itself at the forefront of the global green economy. President Lee Jae-myung has called for South Korea to use its innovative edge to position itself at the forefront of the global green economy. https://www.businesstimes.com.sg/opinion-features/whats-taking-hongkong-land-fund-so-long-seal-marina-one-deal?ai-allowed=1 The Business Times en 2026-10-07T16:59:19+08:00 What’s taking Hongkong Land fund so long to seal Marina One deal? https://cassette.sphdigital.com.sg/image/businesstimes/695fd074660bf0bf11901a7389e4559273f68ac3945208af2a5d874bd7f14ea8 Marina One West Tower (right) is joined at levels 28 and 29 to the adjacent East Tower. Marina One West Tower (right) is joined at levels 28 and 29 to the adjacent East Tower. https://www.businesstimes.com.sg/singapore/coe-premiums-fall-across-most-categories-cat-ends-s130001?ai-allowed=1 The Business Times en 2026-10-07T16:47:35+08:00 COE premiums fall across most categories; Cat A ends at S$130,001 https://cassette.sphdigital.com.sg/image/businesstimes/953b8eef13cf12af3c96609ecb4b162c93bff244ab43c38209c304f778a7ed8a Category A COEs dropped 1.4% from S$131,890 in the last exercise to S$130,001 in the latest round. Category A COEs dropped 1.4% from S$131,890 in the last exercise to S$130,001 in the latest round. https://www.businesstimes.com.sg/singapore/strong-fundamentals-support-singapores-bond-market-despite-us-treasury-yield-movements?ai-allowed=1 The Business Times en 2026-10-07T16:45:33+08:00 Strong fundamentals support Singapore’s bond market despite US Treasury yield movements https://cassette.sphdigital.com.sg/image/businesstimes/3964055648aa34b1e99995fee641a0ee283eb5f46c95103a01796bbeccb05d54 The Monetary Authority of Singapore has safeguards to prevent households from overextending themselves when taking out housing loans. The Monetary Authority of Singapore has safeguards to prevent households from overextending themselves when taking out housing loans. https://www.businesstimes.com.sg/singapore/fb-sector-will-have-use-tech-and-other-means-beat-manpower-crunch-low-yen-ling?ai-allowed=1 The Business Times en 2026-10-07T16:15:26+08:00 F&B sector will have to use tech and other means to beat manpower crunch: Low Yen Ling https://cassette.sphdigital.com.sg/image/businesstimes/fffc0cecb61c916e6804403ef3e25656d0669db96f6fac7f95ca13c7325c2270 Despite the sector’s cost pressures, more F&B entities opened than closed in most years between 2015 and 2025, Parliament was told. Despite the sector’s cost pressures, more F&B entities opened than closed in most years between 2015 and 2025, Parliament was told. https://www.businesstimes.com.sg/international/im-getting-fed-voters-line-dawn-early-voting-us-midterms-begins-ohio The Business Times en 2026-10-07T15:57:08+08:00 ‘I’m getting fed up’: voters line up before dawn as early voting for US midterms begins in Ohio https://cassette.sphdigital.com.sg/image/businesstimes/f049edd39399ea36b05023a676084484f8feb631b973412755a91cabb8c094a1 People cast ballots and register as early voting begins in Medina, Ohio, Octo 6, 2026. People cast ballots and register as early voting begins in Medina, Ohio, Octo 6, 2026. https://www.businesstimes.com.sg/companies-markets/energy-commodities/lubrizol-expands-singapore-rd-hub-boost-innovation-specialty-chemicals-sector?ai-allowed=1 The Business Times en 2026-10-07T15:44:22+08:00 Lubrizol expands Singapore R&D hub to boost innovation in specialty chemicals sector https://cassette.sphdigital.com.sg/image/businesstimes/739f7d34ff8f3460097b834b729638d6f4a250b5fad38b99f50a2374cb176a42 From left: Lubrizol’s chief technology officer Julie Edgar, president and CEO Rebecca Liebert, EDB’s executive vice-president Lim Wey-Len, Lubrizol Engineered Materials president John Valukas, and the company’s vice-president for the Asia-Pacific Henry Liu. From left: Lubrizol’s chief technology officer Julie Edgar, president and CEO Rebecca Liebert, EDB’s executive vice-president Lim Wey-Len, Lubrizol Engineered Materials president John Valukas, and the company’s vice-president for the Asia-Pacific Henry Liu. https://www.businesstimes.com.sg/events-awards/sustainability-impact-awards/gallery/2026-awards-ceremony?ai-allowed=1 The Business Times en 2026-10-07T15:41:18+08:00 2026 Awards Ceremony https://www.businesstimes.com.sg/companies-markets/jardine-matheson-s-e-asia-downgraded-underperform-macquarie-counter-closes-7-7-lower?ai-allowed=1 The Business Times en 2026-10-07T15:35:34+08:00 Jardine Matheson S-E Asia downgraded to ‘underperform’ by Macquarie; counter closes 7.7% lower https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5 Jardine Matheson Southeast Asia’s share price previously surged as investors positioned for a special distribution. Jardine Matheson Southeast Asia’s share price previously surged as investors positioned for a special distribution. https://www.businesstimes.com.sg/companies-markets/energy-commodities/shell-sees-refining-margins-hitting-record-high-third-quarter The Business Times en 2026-10-07T15:29:24+08:00 Shell sees refining margins hitting record high in third quarter https://cassette.sphdigital.com.sg/image/businesstimes/337ea16d10824a6614f156f42f4a5fc9de818cb17929a2ed28a2e47ea06df3c6 Results from Shell’s large gas and oil products trading businesses are expected to be in line with the previous quarter. Results from Shell’s large gas and oil products trading businesses are expected to be in line with the previous quarter. https://www.businesstimes.com.sg/singapore/major-data-centres-meet-stricter-security-resilience-rules-passing-new-bill?ai-allowed=1 The Business Times en 2026-10-07T15:14:08+08:00 Major data centres to meet stricter security, resilience rules with the passing of new Bill https://cassette.sphdigital.com.sg/image/businesstimes/e7c54bc64636d8cf9a9b259df62d001dfa189fec922e195bcdd85889b93f4e45 The Keppel Data Centre Campus at 82 Genting Lane. The Keppel Data Centre Campus at 82 Genting Lane. https://www.businesstimes.com.sg/singapore/existing-guidelines-apply-agentic-ai-risks-government-reviewing-safeguards-mddi?ai-allowed=1 The Business Times en 2026-10-07T14:47:44+08:00 Existing guidelines apply to agentic AI risks; government reviewing safeguards: MDDI https://cassette.sphdigital.com.sg/image/businesstimes/74f576462db0979606b826b54a84cee582a971f4fff4228268f07a6f19baf5b9 Teo says a “risk-based and multi-layered approach” is needed to enable innovation while managing risks. Teo says a “risk-based and multi-layered approach” is needed to enable innovation while managing risks. https://www.businesstimes.com.sg/property/spains-housing-crisis-bursts-spotlight-snap-election The Business Times en 2026-10-07T14:42:36+08:00 Spain’s housing crisis bursts into the spotlight at snap election https://cassette.sphdigital.com.sg/image/businesstimes/e8e51ffc020cd86f4b3e42b81ebc0c8014bb25a794625458521eb98e9a1edf09 According to Spain’s Prime Minister Pedro Sanchez, opinion surveys have shown that the public is broadly in favour of intervention in the property market. According to Spain’s Prime Minister Pedro Sanchez, opinion surveys have shown that the public is broadly in favour of intervention in the property market. https://www.businesstimes.com.sg/property/goodmans-japanese-data-centre-comes-under-fire-following-sydney-site-setback The Business Times en 2026-10-07T14:29:27+08:00 Goodman’s Japanese data centre comes under fire following Sydney site setback https://cassette.sphdigital.com.sg/image/businesstimes/0247fcef8447950f156866d8d1fcd044d36f3b3af2e9605b6211055e4ec65805 Residents said they had little understanding of the project’s scale until huge cranes appeared at the construction site in February. Residents said they had little understanding of the project’s scale until huge cranes appeared at the construction site in February. https://www.businesstimes.com.sg/singapore/economy-policy/mas-rolls-out-ai-risk-management-guidelines-singapores-financial-sector?ai-allowed=1 The Business Times en 2026-10-07T14:09:49+08:00 MAS rolls out AI risk management guidelines for Singapore’s financial sector https://cassette.sphdigital.com.sg/image/businesstimes/a410c1354f90637f9d2476976274f67a73eeb3c825fdd389e0c501d7ab4c750e MAS intends to further consult the financial sector in 2027 on what additional guidance for agentic AI use would be useful. MAS intends to further consult the financial sector in 2027 on what additional guidance for agentic AI use would be useful. https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-central-bank-lifts-rates-first-time-nearly-four-years The Business Times en 2026-10-07T13:55:12+08:00 India’s central bank lifts rates for first time in nearly four years https://cassette.sphdigital.com.sg/image/businesstimes/6fb9b59a1b40ccbae02226de94b44755f6da5e0534f4bb131db23530bf03cff2 Governor Sanjay Malhotra says that the RBI remains committed to allowing the rupee to adjust in line with India’s economic fundamentals while acting to contain excessive volatility.  Governor Sanjay Malhotra says that the RBI remains committed to allowing the rupee to adjust in line with India’s economic fundamentals while acting to contain excessive volatility.  https://www.businesstimes.com.sg/lifestyle/eva-marie-saint-north-northwest-movie-star-dies-102 The Business Times en 2026-10-07T13:50:51+08:00 Eva Marie Saint, ‘North by Northwest’ movie star, dies at 102 https://cassette.sphdigital.com.sg/image/businesstimes/13a6168b9f431b555a532c697ea5a6cf8f6a8a11b042c31cdec876bdb5798d69 Actress Eva Marie Saint, seen here in 2013, worked with a procession of big-name directors and stars. Actress Eva Marie Saint, seen here in 2013, worked with a procession of big-name directors and stars. https://www.businesstimes.com.sg/companies-markets/biggest-paradigm-shift-wwii-global-ceo-panel-discusses-new-world-order-ai-sees-opportunities?ai-allowed=1 The Business Times en 2026-10-07T13:50:04+08:00 ‘Biggest paradigm shift since WWII’: Global CEO panel discusses new world order with AI, sees opportunities  https://cassette.sphdigital.com.sg/image/businesstimes/fb5c5393d3d3d5764276c27f2088ee6a514637c0f8e3c51d6fa33e0f4a8ba65f image of speakers at a panel at the forbes CEO conference From left: Ho Kwon Ping, executive chairman, Banyan Group; Mohamed Kande, global chairman, PwC; Kiran Mazumdar-Shaw, chairperson, Biocon; V Shankar, CEO, Gateway Partners; Richard Smith, CEO-airline, FedEx; and Rana Wehbe Watson, editorial director, Forbes Asia. https://www.businesstimes.com.sg/international/asean/indonesias-ipos-slow-trickle-after-regulator-raises-listing-bar?ai-allowed=1 The Business Times en 2026-10-07T13:45:20+08:00 Indonesia’s IPOs slow to a trickle after regulator raises listing bar https://cassette.sphdigital.com.sg/image/businesstimes/54abec55e99deb371d7b60fb617bd75c64789bcce724a52d282706928afd9c91 A person walks past a window reflecting an electronic board showing index data at the Indonesia Stock Exchange in Jakarta. Seven companies have gone public on the Indonesia Stock Exchange so far this year, raising about 2.16 trillion rupiah. Seven companies have gone public on the Indonesia Stock Exchange so far this year, raising about 2.16 trillion rupiah. https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-plans-job-cuts-across-uk-wealth-business-ai-push-report The Business Times en 2026-10-07T13:42:56+08:00 HSBC plans job cuts across UK wealth business in AI push: report https://cassette.sphdigital.com.sg/image/businesstimes/1c71ebd771bfd468078fc3225374ed485a3a4ed5f5145a084f3a72584b81e2f0 HSBC is currently in a consultation period on the proposed changes. HSBC is currently in a consultation period on the proposed changes. https://www.businesstimes.com.sg/companies-markets/ai-bubble-may-burst-soon-amid-financing-concentration-rising-rates-ray-dalio The Business Times en 2026-10-07T13:16:34+08:00 AI bubble may burst soon amid financing concentration, rising rates: Ray Dalio https://cassette.sphdigital.com.sg/image/businesstimes/9e07326e2fa7c273e67479c11cc40dad79b8c9be7004208adc36dfec063dbf43 Ray Dalio, founder of Bridgewater Associates, says: “The power of diversification – it’s the free lunch.” Ray Dalio, founder of Bridgewater Associates, says: “The power of diversification – it’s the free lunch.” https://www.businesstimes.com.sg/opinion-features/spectre-market-contagion-haunting-europe The Business Times en 2026-10-07T13:15:43+08:00 The spectre of market contagion is haunting Europe https://cassette.sphdigital.com.sg/image/businesstimes/07a28d2312e488b9fbbf41f0ecbffad46e91b28baab6f79dc0ea0f5497f480c7 We are still some distance from a repeat of the 2010-to-2012 eurozone crisis. We are still some distance from a repeat of the 2010-to-2012 eurozone crisis. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korean-investors-suffer-us1-7-billion-losses-leveraged-etfs The Business Times en 2026-10-07T12:56:14+08:00 South Korean investors suffer US$1.7 billion losses from leveraged ETFs https://cassette.sphdigital.com.sg/image/businesstimes/e1f2b78be2a4b7fbcab9382d282644f933797f59f27c95e5c4a0b5d9fe6054bb Since their introduction in May, single-stock leveraged products have intensified volatility in South Korea’s AI-centric equity market. Since their introduction in May, single-stock leveraged products have intensified volatility in South Korea’s AI-centric equity market. https://www.businesstimes.com.sg/companies-markets/energy-commodities/jurong-island-energy-storage-system-not-part-core-power-reserves-tan-see-leng?ai-allowed=1 The Business Times en 2026-10-07T12:41:22+08:00 Jurong Island energy storage system not part of core power reserves: Tan See Leng https://cassette.sphdigital.com.sg/image/businesstimes/77cad944034be0ec41ab2426d1f079b099385f07c5afdf0963815eca1e6f749f The 200 MW Sembcorp battery energy storage system on Jurong Island is designed to support grid stability over a shorter period of time. The 200 MW Sembcorp battery energy storage system on Jurong Island is designed to support grid stability over a shorter period of time. https://www.businesstimes.com.sg/companies-markets/lucrative-business-cooling-hotter-world?ai-allowed=1 The Business Times en 2026-10-07T12:22:17+08:00 The lucrative business of cooling off in a hotter world https://cassette.sphdigital.com.sg/image/businesstimes/2c233917c525502c4351d35f6854312f93e51aa52d35a104c3e53ef3fa9c8e7e The summer of 2026 was the hottest one on record for Austria and many of its European neighbours. The summer of 2026 was the hottest one on record for Austria and many of its European neighbours. https://www.businesstimes.com.sg/opinion-features/singapores-mobility-playbook-why-worlds-top-ranked-city-must-still-accelerate The Business Times en 2026-10-07T12:00:00+08:00 Singapore’s mobility playbook: Why the world’s top-ranked city must still accelerate https://cassette.sphdigital.com.sg/image/businesstimes/82924732ea634973adfdfca5e8b678168eaba31342f1df81b39aa930a278ac14 The city-state synchronises infrastructure build-out, regulatory frameworks and technology integration across all mobility dimensions. The city-state synchronises infrastructure build-out, regulatory frameworks and technology integration across all mobility dimensions. https://www.businesstimes.com.sg/lifestyle/arts-design/growing-singapores-secretive-billions-what-gic-reveals-its-first-public-exhibition?ai-allowed=1 The Business Times en 2026-10-07T11:53:05+08:00 Growing Singapore’s secretive billions: What GIC reveals at its first public exhibition https://cassette.sphdigital.com.sg/image/businesstimes/b32078244d85b88cdd727596ae4adb2648ac99685830ff9e3b73bca5011c0eb0 The Secret Vault will be held from Oct 10 to Nov 1 at New Bahru. The Secret Vault will be held from Oct 10 to Nov 1 at New Bahru. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/diverging-trajectories-taiwan-dethrones-south-korea-atop-global-markets-ai-trade-widens The Business Times en 2026-10-07T11:25:27+08:00 ‘Diverging’ trajectories: Taiwan dethrones South Korea atop global markets as AI trade widens https://cassette.sphdigital.com.sg/image/businesstimes/1299792625a97c5e8813d1a54b502cd05c862900cb752824e066139104cba415 Taiwan’s Taiex is up 72% in 2026, the current top performer of Bloomberg-tracked indices; South Korea’s Kospi ranks second, with gains of about 65%. Taiwan’s Taiex is up 72% in 2026, the current top performer of Bloomberg-tracked indices; South Korea’s Kospi ranks second, with gains of about 65%. https://www.businesstimes.com.sg/property/brookfield-denies-accusation-it-cut-soilbuild-out-mapletree-deal?ai-allowed=1 The Business Times en 2026-10-07T11:08:58+08:00 Brookfield denies accusation it cut Soilbuild out of Mapletree deal https://cassette.sphdigital.com.sg/image/businesstimes/6f20bcfcbbac61422ced6f34309b53138be749a9cce4531de04b67b2c699d9ca The dispute relates to Brookfield’s 2025 acquisition of three Singapore properties from Mapletree Industrial Trust for S$535.3 million. The dispute relates to Brookfield’s 2025 acquisition of three Singapore properties from Mapletree Industrial Trust for S$535.3 million. https://www.businesstimes.com.sg/companies-markets/ocbc-sheds-s8-billion-value-shares-close-nearly-6-down-analysts-cautious-banks?ai-allowed=1 The Business Times en 2026-10-07T11:02:15+08:00 OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks https://cassette.sphdigital.com.sg/image/businesstimes/6e6270f5ca4cd7366dd4de1d5f992be774a2afe420b07145483de96b948ca4be RHB highlights OCBC for its “all-round balance-sheet strength and earnings momentum”. RHB highlights OCBC for its “all-round balance-sheet strength and earnings momentum”. https://www.businesstimes.com.sg/international/asean/ftse-russell-keeps-indonesias-market-status-unchanged-continues-reform-review The Business Times en 2026-10-07T10:30:41+08:00 FTSE Russell keeps Indonesia’s market status unchanged, continues reform review https://cassette.sphdigital.com.sg/image/businesstimes/c8b05a0bedb6901063a22c26799eade3fda2c1afdeffc624c7bd163dcf50f767 FTSE Russell said on Oct 7 that it would provide an update ahead of its December review.  FTSE Russell said on Oct 7 that it would provide an update ahead of its December review.  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-hong-kong-tech-shares-fall-asian-stocks-decline-despite-wall-street-rally The Business Times en 2026-10-07T09:42:30+08:00 South Korea, Hong Kong tech shares fall as Asian stocks decline despite Wall Street rally https://cassette.sphdigital.com.sg/image/businesstimes/32283a4837955de9cf54eb6e343644fbdf8d435e89ccd0172352078459eff758 Attention is also on the diverging performance of Taiwanese and South Korean stocks. Attention is also on the diverging performance of Taiwanese and South Korean stocks. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-us-dollar-gains-investors-await-fed-minutes-rate-clues The Business Times en 2026-10-07T09:27:01+08:00 Gold slips as US dollar gains; investors await Fed minutes for rate clues https://cassette.sphdigital.com.sg/image/businesstimes/c3f5df685852ed467f619c89b8a4f6515311b480efa34b01ff3688807b04a1b3 In a high interest rate environment, investors tend to favour yield-generating assets over gold. In a high interest rate environment, investors tend to favour yield-generating assets over gold. https://www.businesstimes.com.sg/international/global/musks-spacex-talks-borrow-us40-billion-buy-nvidia-chips The Business Times en 2026-10-07T09:07:37+08:00 Musk’s SpaceX in talks to borrow US$40 billion to buy Nvidia chips https://cassette.sphdigital.com.sg/image/businesstimes/784969a6f6a4da4958a37f371849da6b1cb698046f63f2f8bdc41e16ddb96be9 SpaceX’s fundraising discussions are said to be in an early stage and may end without a deal being completed. SpaceX’s fundraising discussions are said to be in an early stage and may end without a deal being completed. https://www.businesstimes.com.sg/opinion-features/autonomous-vehicle-future-must-work-drivers-too The Business Times en 2026-10-07T09:00:00+08:00 An autonomous-vehicle future must work for drivers too https://cassette.sphdigital.com.sg/image/businesstimes/0aa32ab431d9375e133972e671bcca58566f8c5eaa6655cec83188de541beba0 When drivers hear that driverless ride-hailing services are coming, the first thought that comes to mind may be: What will happen to my job? When drivers hear that driverless ride-hailing services are coming, the first thought that comes to mind may be: What will happen to my job? https://www.businesstimes.com.sg/international/asean/malaysia-pm-anwar-set-boost-budget-spending-election-speculation-grows The Business Times en 2026-10-07T08:51:25+08:00 Malaysia PM Anwar set to boost budget spending as election speculation grows https://cassette.sphdigital.com.sg/image/businesstimes/7e2ab837552b0c5ea9e21eb1d72354f421cc793518945aaa17a57e75064ae48f Malaysia’s tech-exporting economy has benefited from the AI boom, and UOB Kay Hian says the sector could get further support through tax incentives, grants, preferential financing as well as measures to promote research and talent development. Malaysia’s tech-exporting economy has benefited from the AI boom, and UOB Kay Hian says the sector could get further support through tax incentives, grants, preferential financing as well as measures to promote research and talent development. https://www.businesstimes.com.sg/international/japans-real-wages-rise-again-aided-takaichis-relief The Business Times en 2026-10-07T08:33:02+08:00 Japan’s real wages rise again, aided by Takaichi’s relief https://cassette.sphdigital.com.sg/image/businesstimes/a8db64d51d42af6a41f4fa50f03296c831a4a0f786ba11c53ba76dd5a8f08d9b The increase was underpinned by steady growth in base salaries, which rose 3.8%, the labour ministry said. The increase was underpinned by steady growth in base salaries, which rose 3.8%, the labour ministry said. https://www.businesstimes.com.sg/companies-markets/stock-watch-esr-reit?ai-allowed=1 The Business Times en 2026-10-07T08:16:23+08:00 Stock to watch: ESR-Reit https://cassette.sphdigital.com.sg/image/businesstimes/a22e6d7cc2729607a0d956b1070e19e3cb657dec0dfe696c11004e8fca34e83a The manager of ESR-Reit has recovered around 75% of outstanding arrears resulting from a default in rental payments at some of its Australian properties. The manager of ESR-Reit has recovered around 75% of outstanding arrears resulting from a default in rental payments at some of its Australian properties. https://www.businesstimes.com.sg/startups-tech/technology/apples-smart-home-push-includes-doorbell-lock-thermostat-co-developed-lg The Business Times en 2026-10-07T07:50:53+08:00 Apple’s smart home push includes doorbell, lock, thermostat co-developed with LG https://cassette.sphdigital.com.sg/image/businesstimes/121f6864030c66d21dc133eb934b4092d34d3b5415e15e665af11a7e073d23b4 The products will be part of an ecosystem of devices that work with Apple’s new smart home hub, as well as an upgraded HomePod mini. The products will be part of an ecosystem of devices that work with Apple’s new smart home hub, as well as an upgraded HomePod mini. https://www.businesstimes.com.sg/opinion-features/singapores-super-aged-society-needs-new-ways-funding-healthcare The Business Times en 2026-10-07T07:00:00+08:00 Singapore’s super-aged society needs new ways of funding healthcare https://cassette.sphdigital.com.sg/image/businesstimes/da35a13b2e91ff1574456bdcc8cb3ca9a96279371d8803974e0a68d99977a085 Longevity across the board is a great achievement. But longevity alone is not the goal. Longevity across the board is a great achievement. But longevity alone is not the goal. https://www.businesstimes.com.sg/events-awards/emerging-enterprise-2026/building-smarter-systems-what-comes-next?ai-allowed=1 The Business Times en 2026-10-07T07:00:00+08:00 Building smarter systems for what comes next https://cassette.sphdigital.com.sg/image/businesstimes/62f5a992cc3ffa68576344b7060c62062b072cdb50f99771d8961674844c2549 The Emerging Enterprise Award celebrates young businesses across Asia that pair innovation with sustainable growth and the ability to scale. The Emerging Enterprise Award celebrates young businesses across Asia that pair innovation with sustainable growth and the ability to scale. https://www.businesstimes.com.sg/opinion-features/south-east-asias-green-transition-has-hardware-who-will-operate-it The Business Times en 2026-10-07T07:00:00+08:00 South-east Asia’s green transition has the ‘hardware’ – but who will operate it? https://cassette.sphdigital.com.sg/image/businesstimes/9616d86c5c84f89f498f31b2c624e714a4ec9b8ccd892ac20bd248b8933c1f0e The Lotus Eletre EV built by China’s Geely. The country has made sustained investment in its long-term industrial strategy and its workforce in the last 20 years. The Lotus Eletre EV built by China’s Geely. The country has made sustained investment in its long-term industrial strategy and its workforce in the last 20 years. https://www.businesstimes.com.sg/opinion-features/when-financial-advice-only-click-away-investors-must-be-wary?ai-allowed=1 The Business Times en 2026-10-07T07:00:00+08:00 When financial advice is only a click away, investors must be wary https://cassette.sphdigital.com.sg/image/businesstimes/6c59ab746419965a53af06f50b562193b4655cce9516af19b78d3b6cbc5d4099 Only 2.2% of the financial influencers, or “finfluencers”, on social media were found to have demonstrable relevant financial qualifications.  Only 2.2% of the financial influencers, or “finfluencers”, on social media were found to have demonstrable relevant financial qualifications.  https://www.businesstimes.com.sg/companies-markets/banking-finance/legitimate-concern-jpmorgan-ceo-dimon-says-anthropics-mythos-pushed-cyber-risk-10-times The Business Times en 2026-10-07T06:54:13+08:00 ‘Legitimate concern’: JPMorgan CEO Dimon says Anthropic’s Mythos pushed cyber risk up 10 times https://cassette.sphdigital.com.sg/image/businesstimes/bf0ed6d2d908f99fc49609540edb09727f7f376460219e7bd4df645148739d10 Jamie Dimon says data centres should be built where the community supports them. Jamie Dimon says data centres should be built where the community supports them. https://www.businesstimes.com.sg/international/us-treasuries-yields-fall-2002-high-oil-prices-dip The Business Times en 2026-10-07T06:42:16+08:00 US Treasuries yields fall from 2002 high as oil prices dip https://cassette.sphdigital.com.sg/image/businesstimes/c421e75a5fc33a995cffded1f4e33877c6541bb2c23b2ed094dee32e594a53ef This also comes amid bets on more aggressive tightening from the US Federal Reserve. This also comes amid bets on more aggressive tightening from the US Federal Reserve. https://www.businesstimes.com.sg/international/global/fear-and-uncertainty-iran-ramps-ship-attacks-hormuz-oil-gas-flows-climb The Business Times en 2026-10-07T06:26:21+08:00 ‘Fear and uncertainty’: Iran ramps up ship attacks in Hormuz as oil, gas flows climb https://cassette.sphdigital.com.sg/image/businesstimes/763eab0f5bbdaea4567d149f3b318332e827206be34540e95079ff79458ebddf How much energy flows through Hormuz is vital for the direction of oil and gas prices, particularly ahead of the winter months in the Northern Hemisphere. How much energy flows through Hormuz is vital for the direction of oil and gas prices, particularly ahead of the winter months in the Northern Hemisphere. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-advances-vessel-attacks-challenge-rising-hormuz-shipments The Business Times en 2026-10-07T06:08:46+08:00 Oil advances as vessel attacks challenge rising Hormuz shipments https://cassette.sphdigital.com.sg/image/businesstimes/c7b81358236a77db82f096df805ddbea384ac2b6fe9f288dceeb5b2a850096f8 While shipments through Hormuz have grown in recent weeks, at least nine attacks in the strait have been reported so far in October. While shipments through Hormuz have grown in recent weeks, at least nine attacks in the strait have been reported so far in October. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-retreating-bond-yields-and-oil-prices-boost-risk-appetite The Business Times en 2026-10-07T05:55:38+08:00 European shares rise as retreating bond yields and oil prices boost risk appetite https://cassette.sphdigital.com.sg/image/businesstimes/e7b85e59b4adb9ccf4c1a2cdd351afc2e3a385b109e4510ef8805150b374bfa3 The pan-European Stoxx 600 index closed 0.5% higher, paring gains from earlier in the day. The pan-European Stoxx 600 index closed 0.5% higher, paring gains from earlier in the day. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-reach-record-closing-highs-focus-pivots-earnings The Business Times en 2026-10-07T05:49:28+08:00 S&P 500, Nasdaq reach record closing highs as focus pivots to earnings https://cassette.sphdigital.com.sg/image/businesstimes/b60dc00d0f2fa4c4c0ad8e5b6d195de057c8b761675b61e5fd6792758b3731da Of the 11 major sectors in the S&P 500, all but healthcare gained ground, with utilities leading the way. Of the 11 major sectors in the S&P 500, all but healthcare gained ground, with utilities leading the way.