https://www.businesstimes.com.sg/international/global/investors-poised-us-gridlock-democrats-projected-win-control-house The Business Times en 2026-11-04T11:35:22+08:00 Investors poised for US gridlock as Democrats projected to win control of House https://cassette.sphdigital.com.sg/image/businesstimes/f58de103fc3911486c79035a3955cf4f59e118b6ec7752bc8e307a848aa15609 Democratic candidate for US House of Representatives Rebecca Bennett reacts after winning in New Jersey. Democratic candidate for US House of Representatives Rebecca Bennett reacts after winning in New Jersey. https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-slips-democratic-sweep-bets-threaten-crypto-agenda The Business Times en 2026-11-04T11:15:05+08:00 Bitcoin slips as Democratic sweep bets threaten crypto agenda https://cassette.sphdigital.com.sg/image/businesstimes/c509f9f399712148a3aedc42bba074cd5991e98a7cbcd1d821bff582b0ca2b4d Bitcoin slipped as much as 1.6 per cent in Asia on Wednesday. Bitcoin slipped as much as 1.6 per cent in Asia on Wednesday. https://www.businesstimes.com.sg/companies-markets/cse-global-shares-7-after-q3-new-orders-nearly-treble-s434-9-million?ai-allowed=1 The Business Times en 2026-11-04T11:04:41+08:00 CSE Global shares up 7% after Q3 new orders nearly treble to S$434.9 million https://cassette.sphdigital.com.sg/image/businesstimes/bdce7c1de4575680e9f466be7b884897a9323cfe83a1e714f86cb637debe0ae4 CSE Global’s growth outlook has been supported by a commercial agreement with Amazon announced at the end of FY2025. CSE Global’s growth outlook has been supported by a commercial agreement with Amazon announced at the end of FY2025. https://www.businesstimes.com.sg/international/asean/thailands-growth-forecasts-raised-factory-data-revamp The Business Times en 2026-11-04T10:46:30+08:00 Thailand’s growth forecasts raised on factory data revamp https://cassette.sphdigital.com.sg/image/businesstimes/8e5d938001036929bfcc16642c806502a4c4faa00a52496c273fc1b3f0a77535 Thailand’s first-half GDP growth could be revised to 2.9 per cent from 2.4 per cent, Goldman Sachs estimate. Thailand’s first-half GDP growth could be revised to 2.9 per cent from 2.4 per cent, Goldman Sachs estimate. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/canva-announces-layoffs-job-changes-about-22-workforce The Business Times en 2026-11-04T10:32:39+08:00 Canva announces layoffs, job changes for about 22% of workforce https://cassette.sphdigital.com.sg/image/businesstimes/f2a2f075153b0f5655cb67288fd5ba9469244dead7fbe1985ae1666b0e38c27b The sweeping changes at Canva mirror the broader upheaval across the software industry. The sweeping changes at Canva mirror the broader upheaval across the software industry. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-raises-us15-billion-five-part-us-bond-sale-fund-ai-expansion The Business Times en 2026-11-04T09:50:02+08:00 Meta raises US$15 billion in five-part US bond sale to fund AI expansion https://cassette.sphdigital.com.sg/image/businesstimes/f6625b6a8ca8bb7b81b7d6c90f740847686730b61c1fc7483efb3e107b65c3c8 Meta’s offering adds to a wave of AI-related fundraising as companies seek capital for data centres, computing capacity and cloud expansion. Meta’s offering adds to a wave of AI-related fundraising as companies seek capital for data centres, computing capacity and cloud expansion. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/hong-kong-deal-boom-slows-most-ipos-abandoned-2008 The Business Times en 2026-11-04T09:22:37+08:00 Hong Kong deal boom slows with most IPOs abandoned since 2008 https://cassette.sphdigital.com.sg/image/businesstimes/c96c0d4bf46dc9d2fd3b7e4ecdf8f6f4bc3d67e8fc5b29599de345210c86579e Dealmaking has slowed in the past three months as investors became more cautious. Dealmaking has slowed in the past three months as investors became more cautious. https://www.businesstimes.com.sg/companies-markets/uob-shares-fall-over-5-after-q3-earnings-miss-forecast?ai-allowed=1 The Business Times en 2026-11-04T09:19:59+08:00 UOB shares fall over 5% after Q3 earnings miss forecast https://cassette.sphdigital.com.sg/image/businesstimes/2312ede0866f1c39520480ff49c6fb6f00d8c005bd79fefe6a82efa6c604f742 UOB branch in Ang Mo Kio, Singapore. UOB’s 182.2% rise in net profit in Q3 came off a low base of S$443 million in the year-ago period. https://www.businesstimes.com.sg/companies-markets/metasurface-shares-open-flat-s0-54-sgx-catalist-debut?ai-allowed=1 The Business Times en 2026-11-04T09:16:17+08:00 Metasurface shares open flat at S$0.54 on SGX Catalist debut https://cassette.sphdigital.com.sg/image/businesstimes/a250ebbfa3d4b2444d857057701ac8493b7682f543bcaa8b4eed2277903826e7 Founder and CEO Chua Chwee Lee leads Metasurface, which operates production facilities in Singapore and Johor, Malaysia. Founder and CEO Chua Chwee Lee leads Metasurface, which operates production facilities in Singapore and Johor, Malaysia. https://www.businesstimes.com.sg/companies-markets/stocks-watch-uob-sgx-cli-sia-engineering-cse-must-ix-biopharma?ai-allowed=1 The Business Times en 2026-11-04T08:53:50+08:00 Stocks to watch: UOB, SGX, CLI, SIA Engineering, CSE, MUST, iX Biopharma https://cassette.sphdigital.com.sg/image/businesstimes/2c8a0f67174420f4a217150372faa980d4ae34528801182cdd4594ea23b396e0 UOB on Wednesday announced a 182.2% rise in net profit for Q3 ended Sep 30, 2026, to S$1.25 billion, from S$443 million the year before. UOB on Wednesday announced a 182.2% rise in net profit for Q3 ended Sep 30, 2026, to S$1.25 billion, from S$443 million the year before. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-declines-traders-weigh-us-iran-diplomacy-prospects The Business Times en 2026-11-04T08:48:20+08:00 Gold declines as traders weigh US-Iran diplomacy prospects https://cassette.sphdigital.com.sg/image/businesstimes/b2b3567cc25faa5ecf4fa63d99c271e83b3994ba52dcefcc2cfcc5da53d0e9fe Bullion fell 0.5 per cent in afternoon trading in New York after earlier climbing as much as 0.6 per cent. Bullion fell 0.5 per cent in afternoon trading in New York after earlier climbing as much as 0.6 per cent. https://www.businesstimes.com.sg/companies-markets/manulife-us-reit-q3-distributable-income-rises-30-3-us6-million?ai-allowed=1 The Business Times en 2026-11-04T08:26:22+08:00 Manulife US Reit Q3 distributable income rises 30.3% to US$6 million https://cassette.sphdigital.com.sg/image/businesstimes/5613d24b792f43e0dd730612c41ed4de2997b4078e1a73b4a5f993b1c5657f6b Manulife US Reit’s Centerpointe asset is a two-tower, 11-storey office property in Fairfax, Virginia, US. An office property in MUST’s portfolio. The Reit has halted distributions since 2023 under its recapitalisation plan and master restructuring agreement. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/block-raises-full-year-profit-outlook-cash-app-drives-q3-growth The Business Times en 2026-11-04T08:13:46+08:00 Block raises full-year profit outlook as Cash App drives Q3 growth https://cassette.sphdigital.com.sg/image/businesstimes/164ad9f649a4b63f80987af3280061cd91497898c13395bafd4af2a2352ae854 Block expects gross profit of US$12.63 billion for 2026, representing 22 per cent growth, compared with its prior forecast of US$12.51 billion. Block expects gross profit of US$12.63 billion for 2026, representing 22 per cent growth, compared with its prior forecast of US$12.51 billion. https://www.businesstimes.com.sg/property/capitaland-investment-9m-revenue-dips-3-s1-5-billion-despite-growth-fee-related-business?ai-allowed=1 The Business Times en 2026-11-04T08:06:28+08:00 CapitaLand Investment 9M revenue dips 3% to S$1.5 billion despite growth in fee-related business https://cassette.sphdigital.com.sg/image/businesstimes/85057965cd38d10c327faa2501231fbaf038077041c4dfcaeab8ac5ebee4d31a CapitaLand Investment says it will continue to advance the monetisation of assets held by China AssetCo through capital-recycling platforms. CapitaLand Investment says it will continue to advance the monetisation of assets held by China AssetCo through capital-recycling platforms. https://www.businesstimes.com.sg/companies-markets/banking-finance/binance-says-hackers-plotted-us6-3-billion-heist-months The Business Times en 2026-11-04T08:03:43+08:00 Binance says hackers plotted US$6.3 billion heist for months https://cassette.sphdigital.com.sg/image/businesstimes/e8b0c87d5018799726bd5e785155d80a69331eac9b22a62d657fb8a58213664e The hack is also the latest blow to Binance, which has a history of legal trouble.  The hack is also the latest blow to Binance, which has a history of legal trouble.  https://www.businesstimes.com.sg/companies-markets/uob-q3-net-profit-almost-trebles-s1-25-billion-low-base-misses-forecasts?ai-allowed=1 The Business Times en 2026-11-04T07:21:31+08:00 UOB Q3 net profit almost trebles to S$1.25 billion off low base, but misses forecasts https://cassette.sphdigital.com.sg/image/businesstimes/2c8a0f67174420f4a217150372faa980d4ae34528801182cdd4594ea23b396e0 UOB’s customer-related treasury income reached a new high in Q3, driven by strong demand for hedging solutions. UOB’s customer-related treasury income reached a new high in Q3, driven by strong demand for hedging solutions. https://www.businesstimes.com.sg/opinion-features/singapore-fixing-its-market-companies-still-have-fix-their-story The Business Times en 2026-11-04T07:15:00+08:00 Singapore is fixing its market. Companies still have to fix their story https://cassette.sphdigital.com.sg/image/businesstimes/de5515e91293ec27270fac7444f64a966a73c283b5680094107f6d0924980d99 Singapore has done a great deal to make its market worth watching again. The rest is up to the companies. Singapore has done a great deal to make its market worth watching again. The rest is up to the companies. https://www.businesstimes.com.sg/international/global/us-midterm-elections-democrats-gain-ground-battle-congress-north-carolina-flip The Business Times en 2026-11-04T07:01:10+08:00 US midterm elections: Democrats gain ground in battle for Congress with North Carolina flip https://cassette.sphdigital.com.sg/image/businesstimes/efe72143ed5746617435ba46f0cc74f85c591adfd7a04fa61d22298b8e11e58e A woman votes at a polling station during the US midterm elections, Manhattan, New York City, Nov 3, 2026. A woman votes at a polling station during the US midterm elections, Manhattan, New York City, Nov 3, 2026. https://www.businesstimes.com.sg/opinion-features/time-end-energy-dependence-middle-east?ai-allowed=1 The Business Times en 2026-11-04T07:00:00+08:00 Time to end energy dependence on the Middle East https://cassette.sphdigital.com.sg/image/businesstimes/d7b75c4b10c2eb1b7c28db42b32345fb9a696475b7c0e593b7f094f28a2215c4 After the outbreak of the Iran war, Very Large Crude Carrier rates from the Gulf to China jumped to roughly 10 times the norm. After the outbreak of the Iran war, Very Large Crude Carrier rates from the Gulf to China jumped to roughly 10 times the norm. https://www.businesstimes.com.sg/international/asean/boustead-projects-eyes-larger-overseas-revenue-share-malaysia-vietnam-expansion?ai-allowed=1 The Business Times en 2026-11-04T07:00:00+08:00 Boustead Projects eyes larger overseas revenue share with Malaysia, Vietnam expansion https://cassette.sphdigital.com.sg/image/businesstimes/3166ca58a9bc5859a93acd2062fa3d8629e7e1c213a62af72069d9ab7db7caf7 Thomas Chu (left), managing director of engineering and construction, and Steven Koh, senior director (engineering) at Boustead Projects. Thomas Chu (left), managing director of engineering and construction, and Steven Koh, senior director (engineering) at Boustead Projects. https://www.businesstimes.com.sg/property/hong-kongs-link-reit-talks-acquire-around-50-stake-income-insurances-eastpoint-mall?ai-allowed=1 The Business Times en 2026-11-04T07:00:00+08:00 Hong Kong’s Link Reit in talks to acquire around 50% stake in Income Insurance’s Eastpoint Mall https://cassette.sphdigital.com.sg/image/businesstimes/f460aa81d9e1701db1520997dffdc2adc469b959a11a1b714b65f8e39525681f Eastpoint Mall in Simei, a six-storey shopping centre with one basement level, is managed by Frasers Property. Eastpoint Mall in Simei, a six-storey shopping centre with one basement level, is managed by Frasers Property. https://www.businesstimes.com.sg/opinion-features/what-businesses-dont-count-could-cost-them-profits The Business Times en 2026-11-04T07:00:00+08:00 What businesses don’t count could cost them profits https://cassette.sphdigital.com.sg/image/businesstimes/84e43adc782bed7737b0fa96648b80585927b37f79f6359cb7c160b5ddb67dea At one Collyer Quay restaurant, business reportedly fell by 70% amid the haze that affected Singapore in October. At one Collyer Quay restaurant, business reportedly fell by 70% amid the haze that affected Singapore in October. https://www.businesstimes.com.sg/companies-markets/transport-logistics/bmw-cuts-automotive-outlook-second-time-restructuring-deepens The Business Times en 2026-11-04T06:34:56+08:00 BMW cuts automotive outlook for second time as restructuring deepens https://cassette.sphdigital.com.sg/image/businesstimes/bdb5178cb26cf0d0d7dbc2a031a66f9685783f87d8addad7e2f803a975b94986 BMW recently unveiled plans to restore investor confidence. BMW recently unveiled plans to restore investor confidence. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/amd-forecasts-quarterly-revenue-above-estimates-data-centre-growth-accelerates The Business Times en 2026-11-04T06:23:59+08:00 AMD forecasts quarterly revenue above estimates as data-centre growth accelerates https://cassette.sphdigital.com.sg/image/businesstimes/2ff9ee62b3506cd03108d64a2a791b8fe84168cc5464d07bed55f746e671735e AMD expects fourth-quarter revenue of about US$17 billion, plus or minus 3 per cent. AMD expects fourth-quarter revenue of about US$17 billion, plus or minus 3 per cent. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-ease-settle-near-4-week-low-hopes-peace-talks-will-end-wars The Business Times en 2026-11-04T06:10:38+08:00 Oil prices ease to settle near 4-week low on hopes peace talks will end wars https://cassette.sphdigital.com.sg/image/businesstimes/2318e27e7f915ed183b96c8f12debec0c72826741ded412c6c622d4cafbcc3c6 Brent futures fell US$1.17, or 1 per cent, to settle at US$103.60 a barrel, their lowest close since Oct 7. Brent futures fell US$1.17, or 1 per cent, to settle at US$103.60 a barrel, their lowest close since Oct 7. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-slip-middle-east-uncertainty-makes-caution The Business Times en 2026-11-04T05:58:18+08:00 European stocks slip as Middle East uncertainty makes for caution https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index closed 0.58 per cent lower at 645.66 points on Tuesday. The Stoxx 600 index closed 0.58 per cent lower at 645.66 points on Tuesday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-nasdaq-ends-higher-ai-heavyweights-rebound-ahead-midterm-results The Business Times en 2026-11-04T05:48:20+08:00 US stocks: Nasdaq ends higher as AI heavyweights rebound ahead of midterm results https://cassette.sphdigital.com.sg/image/businesstimes/dd7b158e98c61439464d4323278ef0def0add0e83ca338d2464092ed6ff754fb The Nasdaq gained 0.83 per cent to 25,372.01 points on Tuesday. The Nasdaq gained 0.83 per cent to 25,372.01 points on Tuesday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-open-higher-oil-prices-extend-declines-midterms-tap The Business Times en 2026-11-03T22:27:18+08:00 S&P 500, Nasdaq open higher as oil prices extend declines, midterms on tap https://cassette.sphdigital.com.sg/image/businesstimes/7a3ace50755a0e036e3715152119fe7cbcd0bb4ca4c4dd660c0782f7ff42a1be The tech-heavy Nasdaq 100 has entered a correction as investors grow wary of Big Tech’s soaring AI spending and little evidence of adequate returns. The tech-heavy Nasdaq 100 has entered a correction as investors grow wary of Big Tech’s soaring AI spending and little evidence of adequate returns. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europe-stocks-slip-ai-concerns-escalating-iran-tensions The Business Times en 2026-11-03T21:52:55+08:00 Europe stocks slip on AI concerns, escalating Iran tensions https://cassette.sphdigital.com.sg/image/businesstimes/27d2054581d9593998b7ef3735910c313ded6a30921e4e9f42e97a28d1949ebd The pan-European Stoxx 600 index fell 0.4% to 647.13 points by 0955 GMT. The pan-European Stoxx 600 index fell 0.4% to 647.13 points by 0955 GMT. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-dollar-drifts-middle-east-midterm-risks-aussie-and-yuan-dip The Business Times en 2026-11-03T21:41:21+08:00 US dollar drifts on Middle East, midterm risks; Aussie and yuan dip https://cassette.sphdigital.com.sg/image/businesstimes/960dc3cfc9d6f21d0fc6aaf7077f187417fd247c65fca0e3f03a8b825da850f9 Voters cast their ballots at a polling location inside the Horatio Williams Foundation in Detroit, Michigan, US. Polls and non-partisan analysts suggest Democrats could retake the House of Representatives in the US midterms elections. https://www.businesstimes.com.sg/companies-markets/thomson-reuters-posts-higher-q3-revenue-lifts-2026-forecast The Business Times en 2026-11-03T21:39:28+08:00 Thomson Reuters posts higher Q3 revenue, lifts 2026 forecast https://cassette.sphdigital.com.sg/image/businesstimes/3e219dc8c6ab72afa37fe507cbc2e53205ce378f8cc248e9bf9e8ac5ac0fd168 Thomson Reuters excluded financials from its global print division in its results, after completing the sale of a majority stake in the business during the quarter. Thomson Reuters excluded financials from its global print division in its results, after completing the sale of a majority stake in the business during the quarter. https://www.businesstimes.com.sg/companies-markets/binance-loses-market-share-crypto-exchange-rivals-after-hack The Business Times en 2026-11-03T21:27:39+08:00 Binance loses market share to crypto exchange rivals after hack https://cassette.sphdigital.com.sg/image/businesstimes/8d3bb2bdea4d501c1e6c7ad5c27c62646076b1a8e6cb06e97486ccbb4793e191 Over the past seven days, Binance accounted for about 42% of the spot trading volume on the market’s top-10 platforms, down from around 48% prior to the hack. Over the past seven days, Binance accounted for about 42% of the spot trading volume on the market’s top-10 platforms, down from around 48% prior to the hack. https://www.businesstimes.com.sg/companies-markets/46000-sia-booking-records-accessed-illegally-data-breach-affecting-software-provider-amadeus?ai-allowed=1 The Business Times en 2026-11-03T21:26:03+08:00 46,000 SIA booking records accessed illegally in data breach affecting software provider Amadeus https://cassette.sphdigital.com.sg/image/businesstimes/4c70c0b497e50271508744bed1872731a43b492511333710f434cd732c561575 A Singapore Airlines plane in the air. About 46,000 SIA booking records have been affected in a data breach at the carrier’s reservation-technology provider, Amadeus. SIA says that it is directly contacting affected customers with upcoming travel to change their booking reference numbers. https://www.businesstimes.com.sg/opinion-features/ultragreen-ai-shares-look-very-depressed-its-hard-know-whether-theyve-hit-rock-bottom?ai-allowed=1 The Business Times en 2026-11-03T20:33:28+08:00 UltraGreen.ai shares look very depressed, but it’s hard to know whether they’ve hit rock bottom https://cassette.sphdigital.com.sg/image/businesstimes/7e143089776c5ddad68934b8bcc19a2b1e2ad188eaa84404708daacc66d14e4c Verdye, an indocyanine green product by UltraGreen.ai. Amid growing competition, UltraGreen.ai has relaunched its own generic ICG product to preserve its market share. Amid growing competition, UltraGreen.ai has relaunched its own generic indocyanine green product to preserve its market share. https://www.businesstimes.com.sg/international/asean/vietnams-domestic-chip-push-gains-ground-viettel-fpt-unveil-new-capabilities?ai-allowed=1 The Business Times en 2026-11-03T19:50:48+08:00 Vietnam’s domestic chip push gains ground as Viettel, FPT unveil new capabilities https://cassette.sphdigital.com.sg/image/businesstimes/2c8b062e054047ca9e5d64017654dbdf030ff20861209490aab7caa49a1ec6fa Viettel’s security chip, VGC v1.0, allows sensitive data to be encrypted and decrypted without relying solely on software. Viettel’s security chip, VGC v1.0, allows sensitive data to be encrypted and decrypted without relying solely on software. https://www.businesstimes.com.sg/companies-markets/resorts-world-sentosa-honeywell-launch-ai-powered-district-cooling-initiatives?ai-allowed=1 The Business Times en 2026-11-03T19:40:05+08:00 Resorts World Sentosa, Honeywell launch AI-powered district cooling initiatives https://cassette.sphdigital.com.sg/image/businesstimes/79cc9ee164dade1e2eafdcac25aad7f76076d0d5665a26d8c1c6f9960e94a8a2 Resorts World Sentosa. The Singapore integrated resort is deploying predictive optimisation technologies in a “co-innovation initiative” with technology company Honeywell. Resorts World Sentosa is deploying predictive optimisation technologies in a “co-innovation initiative” with Honeywell. https://www.businesstimes.com.sg/companies-markets/sia-engineering-h1-profit-falls-1-7-s81-9-million?ai-allowed=1 The Business Times en 2026-11-03T19:34:34+08:00 SIA Engineering H1 profit falls 1.7% to S$81.9 million https://cassette.sphdigital.com.sg/image/businesstimes/b0ce92a122ef46b9b7b76c959fb1e5e15308e62549113915fac6e4a7254cf82a A facility of SIA Engineering Company in Singapore. The group reported a 1.7 per cent year-on-year drop in net profit to S$81.9 million for the six months ended Sep 30, 2026. SIAEC’s profit decline comes on the back of a 9.7% drop in revenue. https://www.businesstimes.com.sg/companies-markets/chatgpt-creator-openai-loses-bid-block-singapore-startups-gemgpt-trademark?ai-allowed=1 The Business Times en 2026-11-03T18:57:05+08:00 ChatGPT creator OpenAI loses bid to block Singapore startup’s GemGPT trademark https://cassette.sphdigital.com.sg/image/businesstimes/c61733f693dd9718881f8c846485f87072801141d710cacdd071fc399ce9b8dd GPT stands for “Generative Pre-trained Transformer”, a term referring to a type of AI model. Porolis said it chose “GPT” to describe its use of generative AI models. GPT stands for “Generative Pre-trained Transformer”, a term referring to a type of AI model. Porolis said it chose “GPT” to describe its use of generative AI models. https://www.businesstimes.com.sg/companies-markets/liquidity-key-ai-concentration-makes-diversification-more-challenging-says-gic-ceo?ai-allowed=1 The Business Times en 2026-11-03T18:49:21+08:00 Liquidity key as AI concentration makes diversification more challenging, says GIC CEO https://cassette.sphdigital.com.sg/image/businesstimes/123b6c2eb48db9ab4b045d5010a3f2f6e1ab80c5600f5c4b82656b95ed1191fb GIC is committed to making sure Singapore’s reserves keep growing while ensuring that funds are available when the country needs them. GIC is committed to making sure Singapore’s reserves keep growing while ensuring that funds are available when the country needs them. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-nov-31?ai-allowed=1 The Business Times en 2026-11-03T18:45:00+08:00 Daily Debrief: What Happened Today (Nov 3) https://cassette.sphdigital.com.sg/image/businesstimes/ad91b730f61507c7291431626b48abce0e575091303a13bdeb48f276e9226b3d SGX RegCo will take over prospectus review functions for mainboard and Global Listing Board listing applications. SGX RegCo will take over prospectus review functions for mainboard and Global Listing Board listing applications. https://www.businesstimes.com.sg/companies-markets/singapore-stocks-extend-decline-sti-down-0-7?ai-allowed=1 The Business Times en 2026-11-03T18:41:08+08:00 Singapore stocks extend decline; STI down 0.7% https://cassette.sphdigital.com.sg/image/businesstimes/d79a2bafa305169ec1eec0a2b7663599dcdd332bd035e5f35cd5d069e2f0e730 Sats is the worst performer among STI constituents, falling 3.3% or S$0.12 to S$3.54. Sats is the worst performer among STI constituents, falling 3.3% or S$0.12 to S$3.54. https://www.businesstimes.com.sg/companies-markets/mas-future-finance-institute-starts-operations-ai-focus-names-interim-ceo?ai-allowed=1 The Business Times en 2026-11-03T18:35:14+08:00 MAS’ Future of Finance Institute starts operations with AI focus; names interim CEO https://cassette.sphdigital.com.sg/image/businesstimes/930de98d0cdd789ac93a2e709a9c9588a409378c56c774fc4ce41b49f15d9c2c MAS says FFI will unite financial institutions in the sharing of practical ideas in implementing AI, develop good practices for deploying agentic AI, and beef up risk management in the use of AI. MAS says FFI will unite financial institutions in the sharing of practical ideas in implementing AI, develop good practices for deploying agentic AI, and beef up risk management in the use of AI. https://www.businesstimes.com.sg/international/asean/sijori-triangle-could-drive-aseans-next-wave-growth-danantara-executive?ai-allowed=1 The Business Times en 2026-11-03T18:08:23+08:00 Sijori triangle could drive Asean’s next wave of growth: Danantara executive https://cassette.sphdigital.com.sg/image/businesstimes/410b2e94ab077098af385e137ebcc3224a9e8d021c33c425eb4520457b120d8b Photo of Danantara’s Pahala Mansury and SIIA’s Simon Tay Pahala Mansury (left), managing director for global relations and communications at Danantara, with Simon Tay, chairman of the Singapore Institute of International Affairs, at the 3rd Singapore Green Dialogue. https://www.businesstimes.com.sg/international/hong-kong-q3-gdp-expands-5-2-year-year-exports-domestic-demand-outlook-positive The Business Times en 2026-11-03T18:07:49+08:00 Hong Kong Q3 GDP expands 5.2% year on year on exports, domestic demand; outlook positive https://cassette.sphdigital.com.sg/image/businesstimes/f7dfe18a8b710abd1e82841d49f37e22c8d520e8514bab97781431fcfc8e7cc4 This compared to a mean forecast of 3.6% year-on-year growth by 10 economists in a Reuters poll and 4.2% growth in Q2 2026. This compared to a mean forecast of 3.6% year-on-year growth by 10 economists in a Reuters poll and 4.2% growth in Q2 2026. https://www.businesstimes.com.sg/international/asean/indonesia-aims-issue-rules-commodity-exchange-end-november The Business Times en 2026-11-03T17:38:32+08:00 Indonesia aims to issue rules on commodity exchange by end-November https://cassette.sphdigital.com.sg/image/businesstimes/b11d65b6d9ce2ff08f393498bf239294639c8faabf8d408233d6896e49874477 Trading on the exchange is expected to start Jan 4, 2027. Trading on the exchange is expected to start Jan 4, 2027. https://www.businesstimes.com.sg/companies-markets/singapore-speeds-ipo-process-sgx-regco-taking-over-listing-review?ai-allowed=1 The Business Times en 2026-11-03T17:30:16+08:00 Singapore speeds up IPO process with SGX RegCo taking over listing review https://cassette.sphdigital.com.sg/image/businesstimes/6f3e2e44f9148615a9cb83766ab0c24707ec72f4c02284475298b39743db49ae SGX RegCo’s logo. Singapore Exchange Regulation will take over prospectus review functions for mainboard and Global Listing Board listing applications in 2027. SGX RegCo will take over prospectus review functions for mainboard and Global Listing Board listing applications. https://www.businesstimes.com.sg/international/us-and-iran-review-latest-proposals-mediators The Business Times en 2026-11-03T17:06:40+08:00 US and Iran review latest proposals from mediators https://cassette.sphdigital.com.sg/image/businesstimes/ac82164dab2b7a996f9f166920bee3079ccd724923582f948ce6141dca30a937 Qatari mediators flew to Teheran on Nov 2 for more talks with Iranian officials and returned late in the day, said a diplomat who asked not to be named. Qatari mediators flew to Teheran on Nov 2 for more talks with Iranian officials and returned late in the day, said a diplomat who asked not to be named. https://www.businesstimes.com.sg/international/us-treasury-auction-changes-loom-2027-dealers-eye-long-end-cuts The Business Times en 2026-11-03T16:49:17+08:00 US Treasury auction changes loom in 2027; dealers eye long-end cuts https://cassette.sphdigital.com.sg/image/businesstimes/b5e9979345b2db0312f38e5c8b46626d88103617a5cab80c3781a0c442954b77 The US Department of the Treasury Building in Washington, DC. Speculation that the US Treasury could trim issuance of 20-year and 30-year bonds has grown in recent weeks. Speculation that the US Treasury could trim issuance of 20-year and 30-year bonds has grown in recent weeks. https://www.businesstimes.com.sg/international/chinas-economy-dealt-surprise-setbacks-risk-growth-pillar The Business Times en 2026-11-03T16:48:47+08:00 China’s economy dealt surprise setbacks in risk to growth pillar https://cassette.sphdigital.com.sg/image/businesstimes/a787c4202ccd1ae45bdc03c041bbb079630b8aeeb711cb2ca31115559a08db69 After the official manufacturing PMI showed new export orders slumped, a private survey added more evidence of strain on the bellwether industry.  After the official manufacturing PMI showed new export orders slumped, a private survey added more evidence of strain on the bellwether industry.  https://www.businesstimes.com.sg/wealth/how-asias-high-net-worth-families-are-navigating-prenuptial-agreements The Business Times en 2026-11-03T16:45:37+08:00 How Asia’s high-net-worth families are navigating prenuptial agreements https://cassette.sphdigital.com.sg/image/businesstimes/e22cc1e95371475d17347a05f6b6b57553b9778a526859ad162164a62694a0c3 Research has shown an uptick in prenup enquiries in Singapore in the last few years. Research has shown an uptick in prenup enquiries in Singapore in the last few years. https://www.businesstimes.com.sg/lifestyle/transforming-heritage-buildings-vibrant-communities?ai-allowed=1 The Business Times en 2026-11-03T16:30:00+08:00 Transforming heritage buildings into vibrant communities https://cassette.sphdigital.com.sg/image/businesstimes/11548642eddb1c31f446068a3c8155d8801cb8dd64b2563775a77619af087eb3 The Business of Placemaking was one of the panel sessions at The BTLuxe Edit - Future:Legacy forum. The Business of Placemaking was one of the panel sessions at The BTLuxe Edit - Future:Legacy forum. https://www.businesstimes.com.sg/companies-markets/shell-sell-us1-5-billion-stake-australian-lng-plant-adnoc-energy-investment-arm The Business Times en 2026-11-03T16:07:33+08:00 Shell to sell US$1.5 billion stake in Australian LNG plant to Adnoc energy investment arm https://cassette.sphdigital.com.sg/image/businesstimes/fa1320f0af632423a943b90e3d0707b97fc3daca309d5bd7335f48eac922b25a “The sale realises value from a mature, non-operated asset,” Cederic Cremers, Shell’s integrated gas president, said in a press release. “The sale realises value from a mature, non-operated asset,” Cederic Cremers, Shell’s integrated gas president, said in a press release. https://www.businesstimes.com.sg/lifestyle/luxury-has-moved-east-and-gen-alpha-horizon-btluxe-edit?ai-allowed=1 The Business Times en 2026-11-03T16:00:00+08:00 Luxury has moved East, and Gen Alpha is on the horizon: BTLuxe Edit https://cassette.sphdigital.com.sg/image/businesstimes/5775240ce5e6f0e0a658b844edd94df4098956236df8d42264369613b2ebbaa6 image of wealth players Ravi Thakran (left), group CEO of Diafa, and moderator Alvin Chiam, head of wealth advisory, Asia, at Schroders Wealth Management, at the BTLuxe Edit symposium. https://www.businesstimes.com.sg/companies-markets/energy-commodities/energy-nationalism-asean-businesses-face-risks-cant-ignore-opportunities?ai-allowed=1 The Business Times en 2026-11-03T16:00:00+08:00 ‘Energy nationalism’ in Asean: Businesses face risks, but can’t ignore the opportunities https://cassette.sphdigital.com.sg/image/businesstimes/aca3fbaa5fed3dada1480b2214caeb2f12fc62c71764185ff62897cc51868cd8 Companies are still focused on clean energy innovations, such as Equator Renewables Asia with its containerised solar power solution, deployed at Keppel Terminal. Companies are still focused on clean energy innovations, such as Equator Renewables Asia with its containerised solar power solution, deployed at Keppel Terminal. https://www.businesstimes.com.sg/opinion-features/such-bad-time-us115-billion-tech-deal The Business Times en 2026-11-03T15:42:04+08:00 This is such a bad time for a US$115 billion tech deal https://cassette.sphdigital.com.sg/image/businesstimes/39bae0a07c8cec29d4bfb8315c0b64786624b9b5afde7620ba1df9185f7e19ef Marvell’s stock-market plunge means the deal is now worth less than US$800 per Lumentum share – 10% or so below where the laser company was trading before news of the talks broke. Marvell’s stock-market plunge means the deal is now worth less than US$800 per Lumentum share – 10% or so below where the laser company was trading before news of the talks broke. https://www.businesstimes.com.sg/property/westpac-ceo-says-buyers-waiting-lower-prices-housing-downturn-deepens The Business Times en 2026-11-03T15:39:52+08:00 Westpac CEO says buyers waiting for lower prices as housing downturn deepens https://cassette.sphdigital.com.sg/image/businesstimes/aa12bcb7863e842bee990919e7bf39b48317ab5e98b296b2e054425c72e80736 Westpac said mortgage applications fell 15% in the September quarter from a year earlier, but stayed above the five-year average for the period. Westpac said mortgage applications fell 15% in the September quarter from a year earlier, but stayed above the five-year average for the period. https://www.businesstimes.com.sg/companies-markets/energy-commodities/central-banks-buy-gold-fastest-pace-2024-wgc-says The Business Times en 2026-11-03T15:26:19+08:00 Central banks buy gold at fastest pace since 2024, WGC says https://cassette.sphdigital.com.sg/image/businesstimes/27c6e681afb0829133db11dda420b4776863a0424dc0e04a2c2d6a6fae8c85fd Central banks, an important driver of bullion’s multi-year rally to a record high in January, have remained a key support to prices in an otherwise tepid market.  Central banks, an important driver of bullion’s multi-year rally to a record high in January, have remained a key support to prices in an otherwise tepid market.  https://www.businesstimes.com.sg/wealth/wealth-investing/why-staying-invested-calls-more-stocks-and-bonds The Business Times en 2026-11-03T15:22:15+08:00 Why staying invested calls for more than stocks and bonds https://cassette.sphdigital.com.sg/image/businesstimes/ebb93f135f13e77b1497915fe318e39aa59abc3a42e7d59a13ab43f1914ba9cc The sharp sell-off in US tech stocks in October underscores how quickly market sentiment can turn, even against a backdrop of powerful structural growth trends. The sharp sell-off in US tech stocks in October underscores how quickly market sentiment can turn, even against a backdrop of powerful structural growth trends. https://www.businesstimes.com.sg/companies-markets/lufthansa-beats-q3-profit-expectations-cost-discipline-demand-offset-higher-fuel-prices The Business Times en 2026-11-03T14:58:16+08:00 Lufthansa beats Q3 profit expectations as cost discipline, demand offset higher fuel prices https://cassette.sphdigital.com.sg/image/businesstimes/74a3fec5ba6ca5e1fcec013af2b3efd2b270c3294c5493a1e1ef7421b80e8206 A weak spot is Lufthansa’s flagship airline, where high expenses, crew walkouts and unprofitable short-haul operations eat into gains of longer flights.  A weak spot is Lufthansa’s flagship airline, where high expenses, crew walkouts and unprofitable short-haul operations eat into gains of longer flights.  https://www.businesstimes.com.sg/lifestyle/us-oldest-road-racetrack-starts-big-costly-facelift The Business Times en 2026-11-03T14:52:24+08:00 The US’ oldest road racetrack starts a big, costly facelift https://cassette.sphdigital.com.sg/image/businesstimes/fe1a5a1684eaab91a0a5877858003d827ab1b8c50ac55536849ca083459528c7 Vintage cars await the start of a race at the Willow Springs International Motorsport Park in Rosamond, California. Most of Willow Springs’ 240 hectares remain undeveloped, but plans to upgrade the place are afoot. https://www.businesstimes.com.sg/singapore/economy-policy/singapores-food-supply-unaffected-haze-no-additional-financial-support-planned-hawkers-grace-fu?ai-allowed=1 The Business Times en 2026-11-03T14:40:02+08:00 Singapore’s food supply unaffected by haze; no additional financial support planned for hawkers: Grace Fu https://cassette.sphdigital.com.sg/image/businesstimes/1b1a6c1d1b9c82292c135f0bb9ddc3e49d5fc214623fd3324b891a132f302a4c Some hawker centres and markets have experienced a drop in footfall, though the extent of this decline varies across centres. Some hawker centres and markets have experienced a drop in footfall, though the extent of this decline varies across centres. https://www.businesstimes.com.sg/wealth/wealth-investing/china-tech-market-pricing-too-much-regulatory-fear The Business Times en 2026-11-03T14:38:32+08:00 China tech: Is the market pricing in too much regulatory fear? https://cassette.sphdigital.com.sg/image/businesstimes/83c2deb35882d7ea9812bd4ccf68a4dd8ba8e7c73cd668206889ab665e53da9f Alibaba was one of the biggest casualties when the Hang Seng Tech Index plunged 5% on Oct 22. Investor sentiment towards Chinese technology stocks remains fragile. Alibaba was one of the biggest casualties when the Hang Seng Tech Index plunged 5% on Oct 22. Investor sentiment towards Chinese technology stocks remains fragile. https://www.businesstimes.com.sg/wealth/wealth-investing/supplementary-retirement-scheme-needs-rethink The Business Times en 2026-11-03T14:36:14+08:00 The Supplementary Retirement Scheme needs a rethink https://cassette.sphdigital.com.sg/image/businesstimes/1ed7a57347b3d4a278f3c21ec71131001d9ba63d0dbb3353f3867cb0b5fa3571 At end-2025, 21% of all SRS funds sat in cash. Uninvested SRS cash “earns” 0.05% a year, a negative real return after inflation. At end-2025, 21% of all SRS funds sat in cash. Uninvested SRS cash “earns” 0.05% a year, a negative real return after inflation. https://www.businesstimes.com.sg/lifestyle/rembrandt-your-skin-museum-hosts-tattoo-parlour-amsterdam The Business Times en 2026-11-03T14:29:46+08:00 A Rembrandt on your skin: Museum hosts a tattoo parlour in Amsterdam https://cassette.sphdigital.com.sg/image/businesstimes/1a791e316eb3d479b689ac39f20fbfe4d7315c1e32b18c3619358b353afcdce2 A sheet with examples of tattoo artist Henk Schiffmacher's versions of Rembrandt drawings and etchings that clients could select at the Rembrandt House Museum in Amsterdam. A sheet with examples of tattoo artist Henk Schiffmacher's versions of Rembrandt drawings and etchings that clients could select at the Rembrandt House Museum in Amsterdam. https://www.businesstimes.com.sg/companies-markets/saudi-aramco-q3-net-profit-rises-34-5-higher-oil-prices-offset-lower-volumes The Business Times en 2026-11-03T14:23:11+08:00 Saudi Aramco Q3 net profit rises 34.5% as higher oil prices offset lower volumes https://cassette.sphdigital.com.sg/image/businesstimes/ff78239206bc8c96d5082f4f06243c14e55acf6559e39710b26b2ff93278d09e Aramco is the lynchpin of Saudi industry, with revenue from energy sales and hefty dividend payouts supporting the kingdom’s vast spending needs. Aramco is the lynchpin of Saudi industry, with revenue from energy sales and hefty dividend payouts supporting the kingdom’s vast spending needs. https://www.businesstimes.com.sg/singapore/coe-review-rebate-surcharge-scheme-five-bands-backed-most-respondents?ai-allowed=1 The Business Times en 2026-11-03T13:52:27+08:00 COE review: Rebate-surcharge scheme with five bands backed by most respondents https://cassette.sphdigital.com.sg/image/businesstimes/0de9d5dc5ad3491ae742289f8407006be18ff6cbe6a4f62fd1747bc96e09db58 Minister for Transport Jeffrey Siow speaks in Parliament. He says that private-hire cars will not get a separate COE category. Minister for Transport Jeffrey Siow says private-hire cars will not get a separate COE category. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/big-ticket-tech-deals-needed-keep-pace-ai-growth-boom-financial-leaders-say The Business Times en 2026-11-03T13:42:17+08:00 Big ticket tech deals needed to keep pace with AI growth boom, financial leaders say https://cassette.sphdigital.com.sg/image/businesstimes/4f490cce0874f38d5cbc7b208d5e4feaad6128a72bddf1404d6ae7475e575d88 Most of the major tech companies are expected to raise more capital to keep up with the enormous likely demand from AI, Blackstone president Jon Gray said. Most of the major tech companies are expected to raise more capital to keep up with the enormous likely demand from AI, Blackstone president Jon Gray said. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-ratify-asean-haze-coordination-centre-agreement-next-few-days-grace-fu?ai-allowed=1 The Business Times en 2026-11-03T13:18:53+08:00 Singapore to ratify Asean haze coordination centre agreement ‘in the next few days’: Grace Fu https://cassette.sphdigital.com.sg/image/businesstimes/92fdbaab4f33440cf2df1145733e6fc81bddf57604db649d3249a387048c1d66 Fu says Singapore had offered civilian assistance to support Indonesian firefighters, as well as operational support for cloud-seeding. Fu says Singapore had offered civilian assistance to support Indonesian firefighters, as well as operational support for cloud-seeding. https://www.businesstimes.com.sg/companies-markets/spacex-anthropic-ipos-highlight-growing-clout-retail-investors-say-goldman-sachs-morgan-stanley-ceos?ai-allowed=1 The Business Times en 2026-11-03T13:05:43+08:00 SpaceX, Anthropic IPOs highlight growing clout of retail investors, say Goldman Sachs, Morgan Stanley CEOs https://cassette.sphdigital.com.sg/image/businesstimes/1946566d38ebd75bc40ca10f4840c8ecddc39558c79e0457db983e61526784f0 From left: HKMA Exchange Fund Investment Office deputy CEO Albert Goh; Morgan Stanley chairman and CEO Ted Pick; and Goldman Sachs chairman and CEO David Solomon. From left: HKMA Exchange Fund Investment Office deputy CEO Albert Goh; Morgan Stanley chairman and CEO Ted Pick; and Goldman Sachs chairman and CEO David Solomon. https://www.businesstimes.com.sg/companies-markets/moneysmart-hit-data-breach-singapore-hong-kong-customers-affected?ai-allowed=1 The Business Times en 2026-11-03T12:50:38+08:00 MoneySmart hit by data breach; Singapore, Hong Kong customers affected https://cassette.sphdigital.com.sg/image/businesstimes/35a6bd29b0faaba4811b45a40a4d0ff94c6b6ac81ad283a8303451b500467137 MoneySmart says that it discovered the unauthorised access on Thursday. MoneySmart says that it discovered the unauthorised access on Thursday. https://www.businesstimes.com.sg/opinion-features/mscis-warning-does-not-define-indonesias-economy The Business Times en 2026-11-03T12:36:31+08:00 MSCI’s warning does not define Indonesia’s economy https://cassette.sphdigital.com.sg/image/businesstimes/4456d7d6850aaa6202c7cdfe8f531920ed13a66132c6c50b8ef2ac5b5831012e The real economy of Indonesia does not look like a system in retreat – the Bank Indonesia Prompt Manufacturing Index continues to be above the 50% expansion threshold. The real economy of Indonesia does not look like a system in retreat – the Bank Indonesia Prompt Manufacturing Index continues to be above the 50% expansion threshold. https://www.businesstimes.com.sg/companies-markets/banking-finance/australias-central-bank-lifts-rates-18-year-high-4-85 The Business Times en 2026-11-03T12:08:06+08:00 Australia’s central bank lifts rates to 18-year high of 4.85% https://cassette.sphdigital.com.sg/image/businesstimes/1be9dc015d449f4f0fdea89425bfdbea35ffa5dce31d2d37feaf478899027f5d The Reserve Bank of Australia lifted rates by 25 basis points, bringing the tightening this year to a steep 125 basis points. The Reserve Bank of Australia lifted rates by 25 basis points, bringing the tightening this year to a steep 125 basis points. https://www.businesstimes.com.sg/companies-markets/analysts-cut-sheng-siong-target-price-rising-costs-cloud-earnings-outlook?ai-allowed=1 The Business Times en 2026-11-03T11:32:16+08:00 Analysts cut Sheng Siong target price as rising costs cloud earnings outlook https://cassette.sphdigital.com.sg/image/businesstimes/a88006f8f7729b3a602aeb6dbf90d51cb53cce6fc4d0d11ace6120dc1bf52326 Sheng Siong outlet in Sengkang, Singapore. Sheng Siong has reported a marginal 1.9% year-on-year increase in Q3 net profit to S$44.6 million, despite revenue rising 6.2% to S$441.5 million. https://www.businesstimes.com.sg/opinion-features/trumps-tariff-fiasco-could-save-free-trade The Business Times en 2026-11-03T11:27:07+08:00 Trump’s tariff fiasco could save free trade https://cassette.sphdigital.com.sg/image/businesstimes/bed0239685890bf6724b40aa686dcb7f4fb5aad7ea902dff5c98b8e08a836bdd US President Donald Trump has imposed sweeping tariffs on dozens of countries, repeatedly raising and lowering them and changing the rates, seemingly on a whim. US President Donald Trump has imposed sweeping tariffs on dozens of countries, repeatedly raising and lowering them and changing the rates, seemingly on a whim. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-biggest-jump-two-months-iran-peace-deal-hopes The Business Times en 2026-11-03T11:27:00+08:00 Gold holds biggest jump in two months on Iran peace-deal hopes https://cassette.sphdigital.com.sg/image/businesstimes/a89012fbc5aa4c707425ee7ce979cedfbfad16d8e4d04aba772d6f6fa7216484 Gold bullion traded above US$3,950 an ounce, after climbing 1.9 per cent in the previous session. Gold bullion traded above US$3,950 an ounce, after climbing 1.9 per cent in the previous session. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-retreat-ahead-us-midterms-oil-steadies The Business Times en 2026-11-03T11:01:57+08:00 Asian stocks retreat ahead of US midterms, oil steadies https://cassette.sphdigital.com.sg/image/businesstimes/9465c239fc8a8a74c32db2ad7b11aff4ebfb6fbad3387438f15640e08822ee44 The Hang Seng Index was up 0.3 per cent on Tuesday morning. The Hang Seng Index was up 0.3 per cent on Tuesday morning. https://www.businesstimes.com.sg/international/south-koreas-october-headline-inflation-moderates-ahead-expected-rate-hike The Business Times en 2026-11-03T10:09:03+08:00 South Korea’s October headline inflation moderates ahead of expected rate hike https://cassette.sphdigital.com.sg/image/businesstimes/0529c657559b9d78721ec36145ad1848fcd1651aafe860da460f7f654bb862e9 South Korea’s consumer prices rose 2.8 per cent year-on-year in October. South Korea’s consumer prices rose 2.8 per cent year-on-year in October. https://www.businesstimes.com.sg/international/asean/malaysias-ioi-properties-makes-reit-listing-springboard-next-wave-growth?ai-allowed=1 The Business Times en 2026-11-03T10:00:00+08:00 Malaysia’s IOI Properties makes Reit listing a springboard for next wave of growth https://cassette.sphdigital.com.sg/image/businesstimes/0e220d34da9a36a063f07e94103eb067fdb5e5ebd45518f76cc35c003fed497e Chris Chong, CEO of IOIPG Reit Management. IOIPG Malaysia Reit will be listed on Bursa Malaysia’s Main Market on Nov 25. Chris Chong, CEO of IOIPG Reit Management, says the listing sets up a sustainable path to fund expansion without overburdening the balance sheet with debt. https://www.businesstimes.com.sg/property/lhn-scale-senior-living-business-standalone-facilities?ai-allowed=1 The Business Times en 2026-11-03T10:00:00+08:00 LHN to scale up senior-living business with standalone facilities https://cassette.sphdigital.com.sg/image/businesstimes/f1baf2fc4307c9559e6495f53f9658596b34d1e863acc321365bfa0eae7e1b4c Artist’s impression of a Jubiliv room. Jubiliv is expected to become a key growth driver for LHN’s facilities management business. Artist’s impression of a Jubiliv room. Jubiliv is expected to become a key growth driver for LHN’s facilities management business. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/oracle-taps-investors-us20-billion-finance-ai-expansion The Business Times en 2026-11-03T09:25:04+08:00 Oracle taps investors for US$20 billion to finance AI expansion https://cassette.sphdigital.com.sg/image/businesstimes/851eef6904ade4e1c8229b866a916b5bbea24ab278a4774d159d70c03a0eecef Oracle said it would use the proceeds for general corporate purposes. Oracle said it would use the proceeds for general corporate purposes. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/disney-planning-thousands-layoffs-sources The Business Times en 2026-11-03T09:09:42+08:00 Disney planning thousands of layoffs: sources https://cassette.sphdigital.com.sg/image/businesstimes/f3698ceb5934bc31b777d51a75829f10418eaa0ddf0f509ab3b8427c816e4bc6 Some of the entertainment giant’s operations, which include theme parks, TV channels and the movie studio, will be affected disproportionately. Some of the entertainment giant’s operations, which include theme parks, TV channels and the movie studio, will be affected disproportionately. https://www.businesstimes.com.sg/companies-markets/banking-finance/north-korea-says-us-allegations-linking-it-binance-heist-are-absurd-rhetoric-kcna-says?ai-allowed=1 The Business Times en 2026-11-03T09:00:24+08:00 North Korea says US allegations linking it to Binance heist are ‘absurd rhetoric’, KCNA says https://cassette.sphdigital.com.sg/image/businesstimes/2ae84a775f0c72e1c27933fb6dba428c6d2bd000ff45eeadc9184f182e664972 Binance said it has covered most of the assets stolen from the platform by using company money. Binance said it has covered most of the assets stolen from the platform by using company money. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/venture-builder-neosci-ventures-raises-s70-million-inaugural-biotech-fund?ai-allowed=1 The Business Times en 2026-11-03T09:00:00+08:00 Venture builder NeoSci Ventures raises S$70 million for inaugural biotech fund https://cassette.sphdigital.com.sg/image/businesstimes/1e5350a0f69de08db19ece0d936210bf22bda622b69483d91b4d989a8b3a617f NeoSci Ventures’ co-founders Dr Timothy Lu (left) and Daphne Teo. NeoSci Ventures’ co-founders Dr Timothy Lu and Daphne Teo say they have been investing in the biotech space for 15 years. https://www.businesstimes.com.sg/singapore/mom-probes-45-firms-involved-changi-airport-operations-work-pass-offences?ai-allowed=1 The Business Times en 2026-11-03T08:44:35+08:00 MOM probes 45 firms involved in Changi Airport operations for work pass offences https://cassette.sphdigital.com.sg/image/businesstimes/1e23c88403d4319d8bbcff75372e87aca52d4288d4b6d4be69c75322dc19bc48 During a recent inspection, the Ministry of Manpower said it found Employment Pass holders deployed to perform baggage handling services. During a recent inspection, the Ministry of Manpower said it found Employment Pass holders deployed to perform baggage handling services. https://www.businesstimes.com.sg/companies-markets/parkway-life-reit-9m-dpu-rises-13-4-s0-131-higher-rental-receipts?ai-allowed=1 The Business Times en 2026-11-03T08:36:54+08:00 Parkway Life Reit 9M DPU rises 13.4% to S$0.131 on higher rental receipts https://cassette.sphdigital.com.sg/image/businesstimes/7495e6d6c3177b7a467334fcb5870547e84bb82d059880c5fa89250750f7790f The outperformance of Gleneagles Hospital contributed to Parkway Life Reit recording an additional rental uplift of some S$900,000 in Q2. The outperformance of Gleneagles Hospital contributed to Parkway Life Reit recording an additional rental uplift of some S$900,000 in Q2. https://www.businesstimes.com.sg/companies-markets/stocks-watch-wilmar-sats-parkway-life-reit-yangzijiang-maritime?ai-allowed=1 The Business Times en 2026-11-03T08:32:29+08:00 Stocks to watch: Wilmar, Sats, Parkway Life Reit, Yangzijiang Maritime https://cassette.sphdigital.com.sg/image/businesstimes/c4af06b8bd359b6547e23e91f66e4b995c43bd30d50b0fa6def0294e5b3ff856 Wilmar has submitted its first tranche of documents to NEA in response to the agency’s notice seeking information on its links to the haze. Wilmar has submitted its first tranche of documents to NEA in response to the agency’s notice seeking information on its links to the haze. https://www.businesstimes.com.sg/international/global/just-tuning-us-midterms-heres-what-know The Business Times en 2026-11-03T08:31:43+08:00 Just tuning into the US midterms? Here’s what to know https://cassette.sphdigital.com.sg/image/businesstimes/1c06a4bafd1b709b55765b66244c532294acf94e8935277a337d24a513026de2 President Donald Trump’s approval rating is near its lowest level ever, dragged down by the unpopular Iran war. President Donald Trump’s approval rating is near its lowest level ever, dragged down by the unpopular Iran war. https://www.businesstimes.com.sg/companies-markets/grab-reports-q3-profit-5-us18-million-raises-full-year-guidance?ai-allowed=1 The Business Times en 2026-11-03T07:58:06+08:00 Grab reports Q3 profit up 5% at US$18 million, raises full-year guidance https://cassette.sphdigital.com.sg/image/businesstimes/ef65aaec96a33bd977bb284b35a13b8eded692649531d725ea493fc4f672442f  Grab logo at Grab Driver Centre in Singapore. The adjusted Ebitda of Grab’s financial services segment turned positive for the first time in Q3. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-forecasts-rising-costs-lower-services-shares-slip The Business Times en 2026-11-03T07:56:07+08:00 Apple forecasts rising costs, lower services; shares slip  https://cassette.sphdigital.com.sg/image/businesstimes/b0681c0fb1cca27819e770a7394dc1d8926a6675d09987bb5d5ed362ff96894e Apple in recent weeks has grappled with customer reports of cracked screens on the iPhone Duo. Apple in recent weeks has grappled with customer reports of cracked screens on the iPhone Duo. https://www.businesstimes.com.sg/international/asean/us-strategy-links-myanmar-peace-talks-rare-earth-access The Business Times en 2026-11-03T07:37:31+08:00 US strategy links Myanmar peace talks to rare-earth access https://cassette.sphdigital.com.sg/image/businesstimes/3437c778d6785051c9dce800a888f457423a6b14d6de0da6d55e8f9e0e73facb The US is maintaining financial sanctions on coup leader-turned-president Min Aung Hlaing. The US is maintaining financial sanctions on coup leader-turned-president Min Aung Hlaing. https://www.businesstimes.com.sg/opinion-features/aseans-biggest-trade-problem-no-longer-tariffs-it-friction The Business Times en 2026-11-03T07:15:00+08:00 Asean’s biggest trade problem is no longer tariffs. It is friction https://cassette.sphdigital.com.sg/image/businesstimes/6f1876a612b2a0540c880dd013c088601aa8e2d2aab9e22a94428421346a4282 Companies in Asean increasingly encounter barriers in other forms, including differing product standards, import and export restrictions, and local content rules. Companies in Asean increasingly encounter barriers in other forms, including differing product standards, import and export restrictions, and local content rules. https://www.businesstimes.com.sg/opinion-features/appraisal-season-here-how-be-seen-without-showing?ai-allowed=1 The Business Times en 2026-11-03T07:00:00+08:00 Appraisal season is here: How to be seen without showing off https://cassette.sphdigital.com.sg/image/businesstimes/45b15f9e1ccfddf9a9097f46d86539101d5b7a3acf0293b3341b9d496055a148 In large organisations, managers cannot see everything. Contributions made quietly and problems prevented rather than solved can easily escape notice. In large organisations, managers cannot see everything. Contributions made quietly and problems prevented rather than solved can easily escape notice. https://www.businesstimes.com.sg/international/asean/china-helping-modernise-timor-leste-investment-trade-and-jobs-trouble-brewing?ai-allowed=1 The Business Times en 2026-11-03T07:00:00+08:00 China is helping modernise Timor-Leste with investment, trade and jobs. But is trouble brewing? https://cassette.sphdigital.com.sg/image/businesstimes/3a11c8b8d0353f44e11b89b8f2111311c8a81fc2cea3ce434ccbef80b6a8ebb2 Entrepreneur Chen Lisong with his mother, Chen Guoxiang, at his cafe, HeyDay AR Coffee, in Dili. Entrepreneur Chen Lisong with his mother, Chen Guoxiang, at his cafe, HeyDay AR Coffee, in Dili. https://www.businesstimes.com.sg/companies-markets/stis-total-returns-slide-5-2-october-tech-index-plunges-17-3?ai-allowed=1 The Business Times en 2026-11-03T07:00:00+08:00 STI’s total returns slide 5.2% in October; tech index plunges 17.3%  https://cassette.sphdigital.com.sg/image/businesstimes/76fc24f4df8a445db111eb2707a72e50453229c2f5900bd3676554fc6541fb9c People walk outside the SGX Building in Singapore. The Straits Times Index traded mostly between 5,370 and 5,450 over the final 16 trading sessions of October. The Straits Times Index traded mostly between 5,370 and 5,450 over the final 16 trading sessions of October. https://www.businesstimes.com.sg/companies-markets/private-equitys-liquidity-crunch-fuels-growth-secondaries-alternative-fund-structures?ai-allowed=1 The Business Times en 2026-11-03T07:00:00+08:00 Private equity’s liquidity crunch fuels growth in secondaries, alternative fund structures https://cassette.sphdigital.com.sg/image/businesstimes/e5f33f9eb3634abe131796907e088c877ffbeef0e2453133c2eaae219b89c25f image of singapore skyline Investors are looking for liquidity as fund managers seek to hold on to assets for longer. https://www.businesstimes.com.sg/international/iran-says-contacts-over-ending-war-continue-after-talks-finish-no-breakthrough The Business Times en 2026-11-03T06:53:21+08:00 Iran says contacts over ending war continue after talks finish with no breakthrough https://cassette.sphdigital.com.sg/image/businesstimes/5a8fe4b075e76c1396b5ee6fe352f46cd59dafefff9cdc49cfd234d0a21bf040 Iranian President Masoud Pezeshkian meets with Qatar's Emir Sheikh Tamim bin Hamad Al Thani in Moscow, Russia, Oct 27, 2026. Iranian President Masoud Pezeshkian meets with Qatar's Emir Sheikh Tamim bin Hamad Al Thani in Moscow, Russia, Oct 27, 2026. https://www.businesstimes.com.sg/international/us-manufacturing-strengthens-october-input-prices-stay-high The Business Times en 2026-11-03T06:33:36+08:00 US manufacturing strengthens in October, input prices stay high https://cassette.sphdigital.com.sg/image/businesstimes/3aaf510db03c89684a6de36630a4bc8e75514ca20f8b448b12e33aa3b401881b The ISM said its manufacturing Purchasing Managers’ Index increased to 55.5 last month from 54.5 in September. The ISM said its manufacturing Purchasing Managers’ Index increased to 55.5 last month from 54.5 in September. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-drops-7-iran-signals-openness-peace-talks The Business Times en 2026-11-03T06:05:05+08:00 Oil drops 7% as Iran signals openness to peace talks https://cassette.sphdigital.com.sg/image/businesstimes/85024b9a3e60d54a33c6f59c2e02132e72b12f89326083d384e98c879d033fb9 Brent crude futures settled US$8.66, or 7.63 per cent, lower to US$104.77 a barrel on Monday. Brent crude futures settled US$8.66, or 7.63 per cent, lower to US$104.77 a barrel on Monday. https://www.businesstimes.com.sg/paid-press-release/jeju-businesses-eye-singapore-and-asean-expansion-at-resorts-world-sentosa-showcase The Business Times en 2026-11-03T06:00:00+08:00 Jeju Businesses Eye Singapore and ASEAN Expansion at Resorts World Sentosa Showcase https://cassette.sphdigital.com.sg/image/businesstimes/2409d77932a4e5a184dc0a2d29d6988780c00784c76479dca319fc0086594953 Jeju officials and Singaporean representatives from the Jeju Business Agency launching 2025 Invitation to Jeju, Korea. Jeju officials and Singaporean representatives from the Jeju Business Agency launching 2025 Invitation to Jeju, Korea. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-oil-falls-middle-east-deal-hopes The Business Times en 2026-11-03T05:53:50+08:00 European shares rise as oil falls on Middle East deal hopes https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index ended 0.42 per cent up at 649.44 points on Monday. The Stoxx 600 index ended 0.42 per cent up at 649.44 points on Monday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-ends-down-apple-dips-ahead-quarterly-report The Business Times en 2026-11-03T05:47:23+08:00 US stocks: S&P 500 ends down; Apple dips ahead of quarterly report https://cassette.sphdigital.com.sg/image/businesstimes/edd974c90f1a64d8f6eb9585b83a720148944fdbc5aa22e1013546bab9e1f837 The S&P 500 lost 37.80 points, or 0.5 per cent, to end at 7,542.27 points on Monday. The S&P 500 lost 37.80 points, or 0.5 per cent, to end at 7,542.27 points on Monday. https://www.businesstimes.com.sg/podcasts/how-break-singapores-ipo-curse?ai-allowed=1 The Business Times en 2026-11-03T05:00:00+08:00 How to break Singapore’s IPO curse https://cassette.sphdigital.com.sg/image/businesstimes/9dd0094b4524db8098470ad3e8854cd901684e57ad0a64728699526b8997b464 Why have new listings in the Singapore market performed so poorly? Why have new listings in the Singapore market performed so poorly? https://www.businesstimes.com.sg/startups-tech/technology/anthropics-quarterly-loss-shrinks-revenue-jumps-ahead-blockbuster-ipo The Business Times en 2026-11-02T23:30:36+08:00 Anthropic’s quarterly loss shrinks, revenue jumps ahead of blockbuster IPO https://cassette.sphdigital.com.sg/image/businesstimes/484275a3dab2d9cedb7c91b515344913a9aaa852725dd3ee2567f83eabc37042 Anthropic’s logo is displayed at a media briefing marking the one-year anniversary of the opening of Anthropic’s office in Tokyo, Japan. Some current and prospective investors are valuing Anthropic at about US$1.5 trillion. https://www.businesstimes.com.sg/international/china-rolls-out-support-measures-aid-struggling-stocks The Business Times en 2026-11-02T22:59:00+08:00 China rolls out support measures to aid struggling stocks https://cassette.sphdigital.com.sg/image/businesstimes/bd361e91818aa5a25a0a0f56d4ff251e4c85419a00fe285b41527bf1bc21070c An electronic board shows Shanghai stock indices as people walk on a pedestrian bridge in the Lujiazui financial district in Shanghai, China. Chinese authorities have prodded index heavyweights and leading tech firms to try to stabilise their share prices. https://www.businesstimes.com.sg/companies-markets/us-stocks-set-higher-open-ai-trade-steadies-midterms-focus The Business Times en 2026-11-02T22:35:50+08:00 US stocks open higher as AI trade steadies, oil falls https://cassette.sphdigital.com.sg/image/businesstimes/dee0bf1343b9f6f42882f435eae3788f9353b75585e2db438eb05c8f9f3950ec The tech-heavy Nasdaq 100 shed over US$2.5 trillion in market value in October as investors grew wary of Big Tech’s soaring AI spending. The tech-heavy Nasdaq 100 shed over US$2.5 trillion in market value in October as investors grew wary of Big Tech’s soaring AI spending. https://www.businesstimes.com.sg/international/hot-and-cold-europes-supermarkets-hit-another-fridge-hack The Business Times en 2026-11-02T21:27:57+08:00 Hot and cold: Europe’s supermarkets hit by another fridge hack https://cassette.sphdigital.com.sg/image/businesstimes/717c4194adb23ded4f9dc3f95f7619f2942d43ee3981f40c985f1bf1cb19216c A notice informing customers that refrigerators are temporarily out of service is displayed on an empty case at the Delhaize Shop & Go store in Linkebeek near Brussels, Belgium. Supermarkets across Europe were hit by suspected cyberattacks that resulted in sudden changes in the temperatures of their fridges and freezers on Nov 2. Ahold Delhaize is among the supermarket groups in Belgium that have reported issues with their refrigerators and freezers in shops. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-edge-down-oil-drops-midterm-caution-prevails The Business Times en 2026-11-02T21:05:06+08:00 European stocks edge down, oil drops as midterm caution prevails https://cassette.sphdigital.com.sg/image/businesstimes/27d2054581d9593998b7ef3735910c313ded6a30921e4e9f42e97a28d1949ebd While earnings outlooks remained in focus, investors expect US equities to come under pressure in the event of a Democratic sweep. While earnings outlooks remained in focus, investors expect US equities to come under pressure in the event of a Democratic sweep. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-factory-growth-slows-october-manufacturing-pmi-dips-51-4?ai-allowed=1 The Business Times en 2026-11-02T21:00:00+08:00 Singapore factory growth slows in October as manufacturing PMI dips to 51.4 https://cassette.sphdigital.com.sg/image/businesstimes/d0dd0265d3b8640a9e8c4e0e3ffedd3f3845a5c774e1182a926a5bc9a504b51d The overall moderation in factory activity has been attributed to slower growth in new orders, factory output, input inventories and employment. The overall moderation in factory activity has been attributed to slower growth in new orders, factory output, input inventories and employment. https://www.businesstimes.com.sg/international/global/family-offices-seek-band-together-form-international-body-global-wealth-swells The Business Times en 2026-11-02T20:46:53+08:00 Family offices seek to band together, form international body as global wealth swells https://cassette.sphdigital.com.sg/image/businesstimes/59cad074c24f7b90f5beb8ef2227f14514f1bab7d32ea8edfaa83fea5f8d4d49 Singapore is among the countries that the nascent International Federation of Family Office has established contacts within. Singapore is among the countries that the nascent International Federation of Family Office has established contacts within. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/greenback-pulls-back-ahead-us-midterms-bitcoin-stabilises-after-crypto-heist The Business Times en 2026-11-02T20:16:01+08:00 Greenback pulls back ahead of US midterms; Bitcoin stabilises after crypto heist https://cassette.sphdigital.com.sg/image/businesstimes/22ba8abd21c05af4d3d1425a8198f4b168af98c946ae23caeea87002f815f0b2 US President Donald Trump adjusts his cap as he speaks during a midterm campaign rally at Salina Regional Airport in Salina, Kansas. US President ​Donald Trump’s Republican Party is widely predicted to lose the House of Representatives in the upcoming midterm election. https://www.businesstimes.com.sg/international/chinas-message-its-rivals-you-need-what-we-make The Business Times en 2026-11-02T20:14:12+08:00 China’s message to its rivals: You need what we make https://cassette.sphdigital.com.sg/image/businesstimes/316fbe6eac0587ad0187aca4c6ec142d12abd1680e743c30b36dbc676a67420b A tunnel boring machine at a construction site in Jakarta, Indonesia (pictured). Such machines are made by a handful of firms, mostly in factories in China. A tunnel boring machine at a construction site in Jakarta, Indonesia (pictured). Such machines are made by a handful of firms, mostly in factories in China. https://www.businesstimes.com.sg/companies-markets/teslas-monthly-registrations-surge-northern-europe-even-chinese-competition-rises The Business Times en 2026-11-02T19:32:52+08:00 Tesla’s monthly registrations surge in Northern Europe even as Chinese competition rises https://cassette.sphdigital.com.sg/image/businesstimes/431cc0a03a8ec68d29b85cf0a40b911e9c2bd20109728787e4b7b1a04ef5b55a Tesla saw strong gains in Norway and Sweden, but trailed several Chinese rivals in Denmark, signalling an increasingly fragmented competitive landscape. Tesla saw strong gains in Norway and Sweden, but trailed several Chinese rivals in Denmark, signalling an increasingly fragmented competitive landscape. https://www.businesstimes.com.sg/international/north-koreas-hackers-supercharge-crypto-heists-ai-skills The Business Times en 2026-11-02T18:55:33+08:00 North Korea’s hackers supercharge crypto heists with AI skills https://cassette.sphdigital.com.sg/image/businesstimes/ce8e14ea5bb59fa2841bd224db43c95572140322baac51f21777c144df0c19d1 Unlike garden-variety hackers, the unit blamed for the recent US$6.3 billion Binance hack uses the help of AI to seek high-value crypto businesses. Unlike garden-variety hackers, the unit blamed for the recent US$6.3 billion Binance hack uses the help of AI to seek high-value crypto businesses. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-nov-2?ai-allowed=1 The Business Times en 2026-11-02T18:45:00+08:00 Daily Debrief: What Happened Today (Nov 2) https://cassette.sphdigital.com.sg/image/businesstimes/47ad28c7c0528ab0aeeabf4405f19a1e086e1b9631af56f53685622eea389738 RM40.3 billion of approved investments for the Johor-Singapore SEZ has already been implemented. RM40.3 billion of approved investments for the Johor-Singapore SEZ has already been implemented. https://www.businesstimes.com.sg/companies-markets/singapore-shares-end-lower-local-banks-decline-sti-falls-1-4?ai-allowed=1 The Business Times en 2026-11-02T18:08:31+08:00 Singapore shares end lower as local banks decline; STI falls 1.4% https://cassette.sphdigital.com.sg/image/businesstimes/ddf6e7779e1aed2e938f778ef81774ae48ae4cd144ae13d30c7c41d4e49a6e38 Trio of local banks’ ATM Local bank stocks fell amid a sea of red on the Singapore bourse. https://www.businesstimes.com.sg/singapore/singapore-manufacturers-stay-upbeat-ai-demand-despite-geopolitical-clouds?ai-allowed=1 The Business Times en 2026-11-02T18:01:25+08:00 Singapore manufacturers stay upbeat on AI demand despite geopolitical clouds https://cassette.sphdigital.com.sg/image/businesstimes/82870474402fb90ad72c6e0b0c8b8b52f56b93ec72627aaa2b3ea5b9f6ec134d All clusters, except biomedical manufacturing and transport engineering, expect larger workforces.  All clusters, except biomedical manufacturing and transport engineering, expect larger workforces.  https://www.businesstimes.com.sg/opinion-features/ai-wont-replace-president-it-might-govern-our-decisions The Business Times en 2026-11-02T18:00:00+08:00 AI won’t replace the president. It might govern our decisions https://cassette.sphdigital.com.sg/image/businesstimes/ddda19615f52acce712945aa542fc4d46392a47c0f6e7b8cc967e33d5ac8e583 South Korean President Lee Jae-myung Before taking office, South Korean President Lee Jae-myung made headlines for saying he relied on ChatGPT more than his aides for data research and analysis.  https://www.businesstimes.com.sg/singapore/johor-singapore-sez-draws-us21-8b-approved-investments-master-plan-blueprint-set-december?ai-allowed=1 The Business Times en 2026-11-02T18:00:00+08:00 Johor-Singapore SEZ draws US$21.8b in approved investments; master plan blueprint set for December https://cassette.sphdigital.com.sg/image/businesstimes/9b72db325ceec41d77ef9a6c9b299e92ecda2c6a864fa52c052b58b572b96a70 From left: Johor Chief Minister Onn Hafiz Ghazi, Malaysia’s Minister of Economy Akmal Nasrullah Mohd Nasir, Singapore’s Minister for National Development Chee Hong Tat, and Senior Minister of State Sun Xueling after their meeting at Gardens by the Bay. From left: Johor Chief Minister Onn Hafiz Ghazi, Malaysia’s Minister of Economy Akmal Nasrullah Mohd Nasir, Singapore’s Minister for National Development Chee Hong Tat, and Senior Minister of State Sun Xueling after their meeting at Gardens by the Bay. https://www.businesstimes.com.sg/companies-markets/byd-reports-higher-sales-sixth-month-exports-shares-gain The Business Times en 2026-11-02T17:38:35+08:00 BYD reports higher sales for sixth month on exports; shares gain https://cassette.sphdigital.com.sg/image/businesstimes/4080f26e0867d6c4aea1c73d5adc5a77b6e5adb24266e0bf8648d397f3b6b56d BYD shares rose in Hong Kong on Nov 2 as the continued strength of overseas demand for Chinese cars eased fears of a prolonged domestic downturn. BYD shares rose in Hong Kong on Nov 2 as the continued strength of overseas demand for Chinese cars eased fears of a prolonged domestic downturn. https://www.businesstimes.com.sg/property/us-property-titan-hines-targets-europes-wealthy-new-fund The Business Times en 2026-11-02T17:15:29+08:00 US property titan Hines targets Europe’s wealthy with new fund https://cassette.sphdigital.com.sg/image/businesstimes/4cfe13c764a0d74562caa8d8957d7f1f9d3a724a82542b2332caf7d39ad886ad Hines has become one of the world’s top developers, constructing eye-catching structures in Manhattan and skyscrapers that transformed Houston’s skyline in the 1970s and 1980s. Hines has become one of the world’s top developers, constructing eye-catching structures in Manhattan and skyscrapers that transformed Houston’s skyline in the 1970s and 1980s. https://www.businesstimes.com.sg/companies-markets/ix-biopharma-wafermine-plans-not-dependent-nevada-partner-orion-which-lacks-state-licence?ai-allowed=1 The Business Times en 2026-11-02T17:06:27+08:00 iX Biopharma: Wafermine plans ‘not dependent’ on Nevada partner Orion, which lacks state licence https://cassette.sphdigital.com.sg/image/businesstimes/e474a921601bdda32d8f00dd82301b3e5fcbc9cfc602d5b853ba186c5baafa06 iX Biopharma’s Wafermine is a non-opioid sublingual ketamine wafer used for treating acute moderate to severe pain. iX Biopharma’s Wafermine is a non-opioid sublingual ketamine wafer used for treating acute moderate to severe pain. https://www.businesstimes.com.sg/startups-tech/chinas-robot-makers-have-mastered-moves-now-comes-race-ai-brains The Business Times en 2026-11-02T16:14:46+08:00 China’s robot makers have mastered the moves. Now comes the race for AI brains https://cassette.sphdigital.com.sg/image/businesstimes/9de91224ed484321f8976b833b6788efc3bd0e5605f668019c8d6713cfc2877a An engineer operates a Spirit AI’s Moz1 robot at a testing area in the company’s headquarters in Beijing, China. A growing focus on developing the technology that could make robots useful across a wider range of jobs is fuelling an investment boom in embodied artificial intelligence. A growing focus on developing the technology that could make robots useful across a wider range of jobs is fuelling an investment boom in embodied AI. https://www.businesstimes.com.sg/international/saudi-civil-defence-sounds-all-clear-after-alerts-southern-cities The Business Times en 2026-11-02T16:10:47+08:00 Saudi civil defence sounds all-clear after alerts in southern cities https://cassette.sphdigital.com.sg/image/businesstimes/185a18a1fb048dcb06ea4cd94868f6159eb230c4d3b3b69d985eb1d1a10f4a42 Smoke rising from an oil facility in Saudi Arabia’s Jazan province after Houthi attacks. Smoke rising from an oil facility in Saudi Arabia’s Jazan province after Houthi attacks. https://www.businesstimes.com.sg/opinion-features/ai-mania-cant-survive-higher-interest-rates The Business Times en 2026-11-02T15:57:13+08:00 AI mania can’t survive higher interest rates https://cassette.sphdigital.com.sg/image/businesstimes/2e944ebb5fd2e9b25c770bcc6f25b1d6f082db375b6e2c589344cbe545dc8fc3 Finding scenarios that would reverse the process of erosion caused by higher rates requires more magical thinking. Finding scenarios that would reverse the process of erosion caused by higher rates requires more magical thinking. https://www.businesstimes.com.sg/lifestyle/chinas-hollywood-visitors-become-stars-consumers-spend-more-experiences The Business Times en 2026-11-02T15:55:08+08:00 At ‘China’s Hollywood’, visitors become stars as consumers spend more on experiences  https://cassette.sphdigital.com.sg/image/businesstimes/af2ed9233e07c64092178353f9e595e5602722c6a39ba98e06db798fce55ef0b Guests can choose from more than 20 scripts, most involving palace intrigue, romance or betrayal. Guests can choose from more than 20 scripts, most involving palace intrigue, romance or betrayal. https://www.businesstimes.com.sg/companies-markets/energy-commodities/openais-altman-travels-uae-sign-energy-investment-deals The Business Times en 2026-11-02T15:53:23+08:00 OpenAI’s Altman travels to UAE to sign energy, investment deals https://cassette.sphdigital.com.sg/image/businesstimes/5d4f1b56bb360a1d24fd38c66bb1c74bb9ba2fec3973d9f8e318cd7bdc682893 OpenAI CEO Sam Altman visited Abu Dhabi for the UAE oil show ADIPEC, as AI firms turn to deep-pocketed Middle East investors to meet intense capital needs. OpenAI CEO Sam Altman visited Abu Dhabi for the UAE oil show ADIPEC, as AI firms turn to deep-pocketed Middle East investors to meet intense capital needs. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/anthropic-plans-sell-us3-5-billion-shares-japan-investors-ipo The Business Times en 2026-11-02T15:13:54+08:00 Anthropic plans to sell US$3.5 billion of shares to Japan investors in IPO https://cassette.sphdigital.com.sg/image/businesstimes/04684df293210399312abcdb64eaa62d3d23dc8423498d41935a25482188a447 The filing did not state the size or valuation of the IPO. Some investors have discussed a valuation of about US$1.5 trillion for Anthropic. The filing did not state the size or valuation of the IPO. Some investors have discussed a valuation of about US$1.5 trillion for Anthropic. https://www.businesstimes.com.sg/companies-markets/mas-moves-spur-infrastructure-investments-easing-capital-requirements-insurers?ai-allowed=1 The Business Times en 2026-11-02T15:02:02+08:00 MAS moves to spur infrastructure investments by easing capital requirements for insurers https://cassette.sphdigital.com.sg/image/businesstimes/c6e83ea55f9b4d8af02d96004fc0e0ce31ac7ca12ebf3b5404047ec346084320 Minister for National Development Chee Hong Tat at the Singapore International Reinsurance Conference on Nov 2, 2026. Minister Chee Hong Tat says the insurance industry’s next phase of development “must be about translating its scale into even deeper capacity and stronger capabilities”. https://www.businesstimes.com.sg/lifestyle/national-youth-council-nvpc-launch-initiatives-encouraging-youths-give-back-community?ai-allowed=1 The Business Times en 2026-11-02T15:00:59+08:00 National Youth Council, NVPC launch initiatives encouraging youths to give back to the community https://cassette.sphdigital.com.sg/image/businesstimes/55bf4753e61385dddb0c9611008290d0b242b5d064636bcb2f0b9025df193389 image of impact, IRL event Tony Soh (left in blue), CEO of NVPC, with Senior Minister of State for Culture, Community and Youth Low Yen Ling (in pink) at the Impact, IRL event. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/hong-kong-ipo-hopefuls-reveal-intertwined-investor-relationships-amid-market-push-more-scrutiny The Business Times en 2026-11-02T14:43:39+08:00 Hong Kong IPO hopefuls reveal intertwined investor relationships amid market push for more scrutiny https://cassette.sphdigital.com.sg/image/businesstimes/ded35b9f323100bdbf86a9c21bf0ce8e3844afe52664f95bea2f33fd0af38c61 In mid-October, Hong Kong regulators asked IPO banks to look more closely into potential connections between investors and listing applicants. In mid-October, Hong Kong regulators asked IPO banks to look more closely into potential connections between investors and listing applicants. https://www.businesstimes.com.sg/lifestyle/kimi-antonelli-makes-history-youngest-f1-champion-20-years-old The Business Times en 2026-11-02T14:38:49+08:00 Kimi Antonelli makes history as youngest F1 champion at 20 years old https://cassette.sphdigital.com.sg/image/businesstimes/4fafdab6a314541cafffa5a75fb58ec24bc7f349801db98701d96a4041636ec4 Mercedes’ Andrea Kimi Antonelli celebrates with this team after finishing third in the race and clinching the 2026 Formula 1 World Championship. Kimi Antonelli is the first Italian F1 champion since 1953. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/taiwan-said-ease-exporter-fx-rule-after-record-stocks-exodus The Business Times en 2026-11-02T14:04:33+08:00 Taiwan said to ease exporter FX rule after record stocks exodus https://cassette.sphdigital.com.sg/image/businesstimes/7f11212c6fd8a7454f4be5d699f1c1366689ba07862cd05fe129d13784775ff5 The Taiwan dollar rebounded from its weakest level since April 2025 on Nov 2 after the central bank’s announcement. The Taiwan dollar rebounded from its weakest level since April 2025 on Nov 2 after the central bank’s announcement. https://www.businesstimes.com.sg/opinion-features/can-ecb-prevent-french-debt-crisis The Business Times en 2026-11-02T14:00:00+08:00 Can the ECB prevent a French debt crisis? https://cassette.sphdigital.com.sg/image/businesstimes/d12d8836e6b6f099234ce68ae3ed6567f2eb0d0fef6425a24727543d90ceaa20 France’s fiscal weaknesses are longstanding, while persistent deficits, weak growth and political instability complicate adjustment. France’s fiscal weaknesses are longstanding, while persistent deficits, weak growth and political instability complicate adjustment. https://www.businesstimes.com.sg/international/asean/higher-rates-weaker-spending-philippines-entering-stagflation?ai-allowed=1 The Business Times en 2026-11-02T13:47:24+08:00 Higher rates, weaker spending: Is the Philippines entering stagflation? https://cassette.sphdigital.com.sg/image/businesstimes/3858711e861769206783b603577fac3c652e2daaf0bc486010a795feb4e015be A fruit vendor at a roadside stall in Manila. The Philippine economy has expanded by only 2.3% in Q2, its fourth consecutive quarter of deceleration. https://www.businesstimes.com.sg/international/asean/indonesia-posts-us3-36-billion-trade-surplus-september The Business Times en 2026-11-02T13:34:03+08:00 Indonesia posts US$3.36 billion trade surplus in September https://cassette.sphdigital.com.sg/image/businesstimes/1d3199105335e3c48e1127b1a383929688b931a2c5da2817b5f089c99b19610e Exports rose 11.87 per cent on a yearly basis in September to US$27.59 billion. Exports rose 11.87 per cent on a yearly basis in September to US$27.59 billion. https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-open-hong-kong-ai-institute-following-singapore-launch The Business Times en 2026-11-02T13:23:07+08:00 HSBC to open Hong Kong AI institute following Singapore launch https://cassette.sphdigital.com.sg/image/businesstimes/174cf0cb253f8e310c8577e5f9d963c668357da6ef6dd075ea84f703dff6cb07 HSBC CEO Georges Elhedery says: “AI is going to be disruptive. It’s going to transform jobs.” HSBC CEO Georges Elhedery says: “AI is going to be disruptive. It’s going to transform jobs.” https://www.businesstimes.com.sg/companies-markets/alpha-integrated-reit-ceo-karen-lee-steps-down?ai-allowed=1 The Business Times en 2026-11-02T12:49:10+08:00 Alpha Integrated Reit CEO Karen Lee steps down https://cassette.sphdigital.com.sg/image/businesstimes/891623538461ec31b80139a5c1298816a9871d3a322ae235063f26c0e0fe551c Alpha Integrated Reit’s New Tech Park. The Reit’s CFO, Goo Li Ling, will take on the CEO post at a date to be determined by the board. Alpha Integrated Reit’s New Tech Park. The Reit’s CFO, Goo Li Ling, will take on the CEO post at a date to be determined by the board. https://www.businesstimes.com.sg/companies-markets/singapores-data-centre-operator-stt-gdc-eyes-us2-4-billion-loan-adds-ai-debt-binge The Business Times en 2026-11-02T12:44:29+08:00 Singapore’s data centre operator STT GDC eyes US$2.4 billion loan, adds to AI debt binge https://cassette.sphdigital.com.sg/image/businesstimes/5da2f9f7be160565bfcd10e0373513150ff6be08e50c31ae557d20cf58c3cbb9 STTGDC’s deal adds to a wave of debt financing driven by the AI boom that’s raised worries among investors. STTGDC’s deal adds to a wave of debt financing driven by the AI boom that’s raised worries among investors. https://www.businesstimes.com.sg/opinion-features/keppel-south-central-deals-juiced-income-support-need-not-be-bad-ones?ai-allowed=1 The Business Times en 2026-11-02T12:28:58+08:00 Keppel South Central: Deals juiced up with income support need not be bad ones  https://cassette.sphdigital.com.sg/image/businesstimes/862481ff7b282531a8ad63c46197c1f7efb0563ddff280a3372fdff406b9a9aa image of keppel logo Keppel is providing income support in the proposed deal to sell a majority stake in Keppel South Central to Keppel Reit. https://www.businesstimes.com.sg/companies-markets/manufacturings-black-art-retiring-ai-may-be-best-chance-keep-it?ai-allowed=1 The Business Times en 2026-11-02T12:00:00+08:00 Manufacturing’s black art is retiring. AI may be the best chance to keep it https://cassette.sphdigital.com.sg/image/businesstimes/70e14715393dcd09ffdd95bc6dc9ee3b7fa651ec22ebaea4dfc2f37c276d4154 As key manufacturing hubs including Singapore continue to age, many key talent engineers are on the brink of retirement and new talents are not entering at the same rate. As key manufacturing hubs including Singapore continue to age, many key talent engineers are on the brink of retirement and new talents are not entering at the same rate. https://www.businesstimes.com.sg/companies-markets/ocbc-leads-bank-losses-sti-slides-1-4?ai-allowed=1 The Business Times en 2026-11-02T11:59:11+08:00 OCBC leads bank losses as STI slides 1.4% https://cassette.sphdigital.com.sg/image/businesstimes/cdd03ebd3eb1b49e02a547ca714200c7bb4e736d4e9c2645249d670406e25445 ATMs of DBS , UOB and OCBC. UOB will be the first to announce its Q3 results on Nov 4, followed by DBS and OCBC on Nov 5 and 6, respectively.