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 and stoked inflation for eight months, Iran must make meaningful reduce its nuclear enrichment capacity. US Vice-President JD Vance told Reuters that to end a war that roiled energy markets and stoked inflation for eight months, Iran must make meaningful 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-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 in 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/singapore/singapore-miss-2035-green-power-import-target-wood-mackenzie-report The Business Times en 2026-10-07T18:08:04+08:00 Singapore to miss 2035 green-power import target: Wood Mackenzie report https://cassette.sphdigital.com.sg/image/businesstimes/6a3488bc0d2ef9f0d748a1d46f98a845f27f8a6c24a62bfbacf687057cf785a1 Singapore generates up to 95 per cent of its electricity from natural gas. Singapore generates up to 95 per cent of its electricity from natural gas. 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/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/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/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. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/paramount-completes-us110-billion-warner-bros-merger-creating-hollywood-giant-skydance The Business Times en 2026-10-06T22:03:38+08:00 Paramount completes US$110 billion Warner Bros merger, creating Hollywood giant Skydance https://cassette.sphdigital.com.sg/image/businesstimes/b29daffbb1d723921cee16ddbe2c2764f4f4d2c805dc67cfc48fc82776743458 Skydance will bring popular franchises including Harry Potter and Mission Impossible under one roof. Skydance will bring popular franchises including Harry Potter and Mission Impossible under one roof. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-hits-intraday-record-high-ai-rally-continues The Business Times en 2026-10-06T21:54:09+08:00 US stocks: S&P 500 hits intraday record high as AI rally continues https://cassette.sphdigital.com.sg/image/businesstimes/8fdb3066bcec2d5113c322b9ab07f74da28bf1280a457f7bfacacb2a16dba408 The index rose as much as 0.6 per cent to 7817.13 points, moving past the previous intraday record of 7,816.7 points it hit on Aug 13. The index rose as much as 0.6 per cent to 7817.13 points, moving past the previous intraday record of 7,816.7 points it hit on Aug 13. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-liquidity-deep-enough-asian-western-hubs-coexist-hong-kong-and-singapore-say The Business Times en 2026-10-06T21:41:03+08:00 Gold liquidity deep enough for Asian, Western hubs to coexist, Hong Kong and Singapore say https://cassette.sphdigital.com.sg/image/businesstimes/6b55cb5acd773b08b046574ab00a4a4e7193c4ff28c102afeac0d8c7b232bdec Gold bars at Le Freeport, a high-security vault in Singapore. Gold bars at Le Freeport, a high-security vault in Singapore. https://www.businesstimes.com.sg/companies-markets/scalability-digital-assets-hinges-boring-risk-management-systems-summit-participants?ai-allowed=1 The Business Times en 2026-10-06T21:40:07+08:00 Scalability of digital assets hinges on ‘boring’ risk-management systems: summit participants https://cassette.sphdigital.com.sg/image/businesstimes/f87aecadb6fd487e7db62f18292338313fc67fbdf19e2226510ba931b50d28fd National Research Foundation chairman Heng Swee Keat urged the industry to study how technology will fundamentally reshape finance. National Research Foundation chairman Heng Swee Keat urged the industry to study how technology will fundamentally reshape finance. https://www.businesstimes.com.sg/international/global/us-trade-deficit-widens-august-amid-strong-imports The Business Times en 2026-10-06T21:04:30+08:00 US trade deficit widens in August amid strong imports https://cassette.sphdigital.com.sg/image/businesstimes/7e6ddbd5d57e9c88d2c49639c13764ce409530c4fdfffce5dcd2289c9b17cc7b Imports to the United States increased 4.3 per cent to US$420.8 billion in August. Imports to the United States increased 4.3 per cent to US$420.8 billion in August. https://www.businesstimes.com.sg/international/greenback-steady-euro-trades-around-17-month-low-amid-french-debt-worries?ai-allowed=1 The Business Times en 2026-10-06T20:42:25+08:00 Greenback steady as euro trades around 17-month low amid French debt worries https://cassette.sphdigital.com.sg/image/businesstimes/07a28d2312e488b9fbbf41f0ecbffad46e91b28baab6f79dc0ea0f5497f480c7 The euro has come under pressure over worries about high debt levels and political gridlock in France; an upcoming snap election in Spain is adding to headwinds. The euro has come under pressure over worries about high debt levels and political gridlock in France; an upcoming snap election in Spain is adding to headwinds. https://www.businesstimes.com.sg/companies-markets/energy-commodities/middle-east-oil-flows-around-14-million-barrels-day-help-avert-us200-barrel-oil-vitol-ceo The Business Times en 2026-10-06T20:40:33+08:00 Middle East oil flows of around 14 million barrels a day help avert US$200-a-barrel oil: Vitol CEO https://cassette.sphdigital.com.sg/image/businesstimes/ef02b681e1f75075d77803f54a873f964faf1eb43295f78a8d8b275458ca19eb Tightness in refined products markets will roll forward into the winter, Vitol CEO Russell Hardy said. Tightness in refined products markets will roll forward into the winter, Vitol CEO Russell Hardy said. https://www.businesstimes.com.sg/international/south-korea-investigates-possible-use-ai-hacks-its-banks The Business Times en 2026-10-06T20:04:13+08:00 South Korea investigates possible use of AI in hacks on its banks https://cassette.sphdigital.com.sg/image/businesstimes/39e05ab977493cccee42fb4d1e02169dc82daeb4344647dc23b431bd501c33f1 South Korean PM Han Seong-sook speaks at a cabinet meeting in Seoul, South Korea, Oct 6, 2026. Major banks and financial institutions in the country suffered cyberattacks. South Korean PM Han Seong-sook speaks at a cabinet meeting in Seoul, South Korea, Oct 6, 2026. Major banks and financial institutions in the country suffered cyberattacks. https://www.businesstimes.com.sg/companies-markets/esr-reit-recovers-around-75-outstanding-arrears-australia-rent-default?ai-allowed=1 The Business Times en 2026-10-06T18:59:56+08:00 ESR-Reit recovers around 75% of outstanding arrears from Australia rent default https://cassette.sphdigital.com.sg/image/businesstimes/5010f0955c6199e2c11aae944e8a781ad450d30d9c0a92bdb6b51a465258900a ESR-Reit still has A$3 million in outstanding arrears, after they were recovered through the partial drawdown of the banker’s guarantees. ESR-Reit still has A$3 million in outstanding arrears, after they were recovered through the partial drawdown of the banker’s guarantees. https://www.businesstimes.com.sg/companies-markets/dbs-tops-trades-smaller-board-lots-debut-revised-sgx-framework?ai-allowed=1 The Business Times en 2026-10-06T18:45:23+08:00 DBS tops trades in smaller board lots on debut of revised SGX framework https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5 Twenty-share lots were the second most popular trade size for DBS and JMH on Oct 5. Twenty-share lots were the second most popular trade size for DBS and JMH on Oct 5. https://www.businesstimes.com.sg/lifestyle/meet-luxurys-movers-and-shakers-btluxe-edit-conference?ai-allowed=1 The Business Times en 2026-10-06T18:43:52+08:00 Meet luxury’s movers and shakers at BTLuxe Edit conference https://cassette.sphdigital.com.sg/image/businesstimes/b181779e1297b70d50adaa9fd273a9f4388f3b13e482718938ced2f11040f959 Clockwise from top left: Evan Kwee, vice-chairman of Capella Hotel Group and head of design and hospitality at Pontiac Land Group; Wee Teng Wen, founder and managing partner of The Lo & Behold Group; Ho Kwon Ping, executive chairman of Banyan Tree; Dawn Ng, multidisciplinary artist; Nathan Yong, industrial designer; Lim Choon Hong, founder of Xtra; Yeoh Pei Xien, vice-president of strategy and transformation at YTL Hotels; Chan Soo Khian, founding principal and design director of SCDA Architects and founder of Soori hotels; Francis Yeoh, executive chairman of YTL Corporation; and Loh Lik Peng, founder and director of Unlisted Collection. The BTLuxe Edit – Future:Legacy offers an afternoon of conversation about luxury. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-61?ai-allowed=1 The Business Times en 2026-10-06T18:26:40+08:00 Daily Debrief: What Happened Today (Oct 6) https://cassette.sphdigital.com.sg/image/businesstimes/60dd699d2c77dff56a7d0f24b6628727bca86e621fe61b1de0286652cd16fca7 PSD’s review followed claims in a working paper that civil servants had disproportionately bought properties near planned but unannounced MRT stations.  PSD’s review followed claims in a working paper that civil servants had disproportionately bought properties near planned but unannounced MRT stations.  https://www.businesstimes.com.sg/companies-markets/bain-gic-explore-ipo-or-sale-japans-whi-valuation-about-us3-2-billion-sources The Business Times en 2026-10-06T18:11:46+08:00 Bain, GIC explore IPO or sale of Japan’s WHI at valuation of about US$3.2 billion: sources https://cassette.sphdigital.com.sg/image/businesstimes/db8bc48cb39aaf3c0748ca61ae04bc782bbf18f55b3778ac7ee3c081fccd1949 Bain set up WHI in 2019 through the carve-out and acquisition of the human resources software business of Works Applications. Bain set up WHI in 2019 through the carve-out and acquisition of the human resources software business of Works Applications. https://www.businesstimes.com.sg/companies-markets/singapore-shares-track-wall-street-gains-tuesday-sti-0-7?ai-allowed=1 The Business Times en 2026-10-06T18:08:15+08:00 Singapore shares track Wall Street gains on Tuesday; STI up 0.7% https://cassette.sphdigital.com.sg/image/businesstimes/6e07f3066b9c2624808c9c799bf1ea336083b1865018a89be10a6faac34a6dda Across the broader market, gainers beat losers 267 to 232, after 958 million securities worth S$1.9 billion change hands. Across the broader market, gainers beat losers 267 to 232, after 958 million securities worth S$1.9 billion change hands. https://www.businesstimes.com.sg/international/global/wall-street-bonuses-poised-hit-record-annual-profits-forecast-top-us90-billion The Business Times en 2026-10-06T18:01:48+08:00 Wall Street bonuses poised to hit record as annual profits forecast to top US$90 billion https://cassette.sphdigital.com.sg/image/businesstimes/f5a1a2a5fbe39e629c9b6c69155ccc2c61503c8273c64d171f54ed862fb9fc4c Major Wall Street firms have already signalled record revenue in key business lines so far this year. Major Wall Street firms have already signalled record revenue in key business lines so far this year. https://www.businesstimes.com.sg/international/global/south-asia-growth-holds-firm-energy-shock-weather-pose-risks-world-bank The Business Times en 2026-10-06T17:10:39+08:00 South Asia growth holds firm, but energy shock, weather pose risks: World Bank https://cassette.sphdigital.com.sg/image/businesstimes/2b670e787f29a9700fcb67b54b8c0a06465831ab9c8b91870b3d4fff868eb9c0 The World Bank has predicted India, the largest economy in the region, will grow 7.1% in 2026/27, up from the 6.6% it predicted in June but significantly lower than the 8.6% recorded in 2025/26. The World Bank has predicted India, the largest economy in the region, will grow 7.1% in 2026/27, up from the 6.6% it predicted in June but significantly lower than the 8.6% recorded in 2025/26. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-near-one-week-highs The Business Times en 2026-10-06T16:32:26+08:00 European shares rise to near one-week highs https://cassette.sphdigital.com.sg/image/businesstimes/f9c3df4918d025f22c2c8eee3a4a6cc73933aac4d635bb0ed64aa98312a76389 The Stoxx 600 index was up 0.8 per cent to 638.41 points by 0727 GMT on Tuesday. The Stoxx 600 index was up 0.8 per cent to 638.41 points by 0727 GMT on Tuesday. https://www.businesstimes.com.sg/property/prime-london-homes-are-increasingly-front-lines-extreme-weather The Business Times en 2026-10-06T16:22:31+08:00 Prime London homes are increasingly on the front lines of extreme weather https://cassette.sphdigital.com.sg/image/businesstimes/6767e298d82aeae4e952b245f221fa4c0e4e23d3fd8b902b505f4fe0bd7c7eee The concerns add to the list of headwinds facing the UK property market, which is already under pressure from high borrowing costs. The concerns add to the list of headwinds facing the UK property market, which is already under pressure from high borrowing costs. https://www.businesstimes.com.sg/singapore/parliament-approves-increases-salaries-president-speaker-parliament-and-deputy-speakers?ai-allowed=1 The Business Times en 2026-10-06T16:09:37+08:00 Parliament approves increases to salaries of President, Speaker of Parliament and Deputy Speakers https://cassette.sphdigital.com.sg/image/businesstimes/1f0daa70adb3da8e9e02f7f2548c8a8c05cb10b965d544d67e6d7c73ae0378f8 Leader of the House Indranee Rajah proposed the changes in three parliamentary motions on Oct 6.   Leader of the House Indranee Rajah proposed the changes in three parliamentary motions on Oct 6.   https://www.businesstimes.com.sg/companies-markets/singapore-firms-payment-delays-worsen-third-straight-quarter-q3-sccb?ai-allowed=1 The Business Times en 2026-10-06T16:02:14+08:00 Singapore firms’ payment delays worsen for third straight quarter in Q3: SCCB https://cassette.sphdigital.com.sg/image/businesstimes/c8ba9448aca217c5b86f9116a9209b1f86fbbd79e5ed5ad9cb9d01ecee3cb3a7 Slow payments accounted for 44.47% of total payment transactions in the third quarter of 2026. Slow payments accounted for 44.47% of total payment transactions in the third quarter of 2026. https://www.businesstimes.com.sg/international/asean/vietnams-northern-provinces-not-hanoi-or-ho-chi-minh-city-are-powering-near-10-gdp-growth?ai-allowed=1 The Business Times en 2026-10-06T15:56:39+08:00 Vietnam’s northern provinces, not Hanoi or Ho Chi Minh City, are powering near 10% GDP growth https://cassette.sphdigital.com.sg/image/businesstimes/6cc0ad67bacd00451a55f8175c9ae7f069083bcb97f13849719fd452a4ff0693 Some of the fastest growth is being recorded across a cluster of northern industrial provinces closely tied to electronics manufacturing and global supply chains. Some of the fastest growth is being recorded across a cluster of northern industrial provinces closely tied to electronics manufacturing and global supply chains. https://www.businesstimes.com.sg/international/asean/indonesian-parliament-agrees-higher-severance-benefits-new-labour-law The Business Times en 2026-10-06T15:47:55+08:00 Indonesian parliament agrees higher severance benefits in new labour law https://cassette.sphdigital.com.sg/image/businesstimes/d3845391baba3f0289f095c164146353c7d2938828c5978416a642558af6faa4 The new law called for the creation of a severance security programme, which would ensure that a company has funds for allowances in the event of layoffs. The new law called for the creation of a severance security programme, which would ensure that a company has funds for allowances in the event of layoffs. https://www.businesstimes.com.sg/international/takaichi-defends-absence-g7-online-call-after-criticism The Business Times en 2026-10-06T15:12:36+08:00 Takaichi defends absence from G7 online call after criticism https://cassette.sphdigital.com.sg/image/businesstimes/0eeeb54b3b1ea3f26058fbfdf4f93677d27678d27c1c9646fd37780e61e292ae Japan PM Sanae Takaichi also opted out of attending a G7 online meeting regarding the freedom of navigation in the Strait of Hormuz. Japan PM Sanae Takaichi also opted out of attending a G7 online meeting regarding the freedom of navigation in the Strait of Hormuz. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/top-glove-q4-profit-surges-352-6-rm157-6-million-demand-supply-balance-improves?ai-allowed=1 The Business Times en 2026-10-06T15:09:36+08:00 Top Glove Q4 profit surges 352.6% to RM157.6 million as demand-supply balance improves https://cassette.sphdigital.com.sg/image/businesstimes/6134f3e163899c076df4562d966b1accf62d0710db151bbddefbe65b7700288d An advanced production line at a Top Glove factory in Selangor, Malaysia. The group reported a 39.7% rise in revenue to RM1.25 billion for Q4. An advanced production line at a Top Glove factory in Selangor, Malaysia. The group reported a 39.7% rise in revenue to RM1.25 billion for Q4. https://www.businesstimes.com.sg/companies-markets/banking-finance/ai-appears-have-been-used-bank-hacks-south-koreas-lee The Business Times en 2026-10-06T15:04:52+08:00 AI appears to have been used in bank hacks: South Korea’s Lee https://cassette.sphdigital.com.sg/image/businesstimes/a249be35f08858938e6f7b65ae3539ba3af49ca61a09b825a2bfb5f75db3a558 South Korean President Lee Jae-myung has called for the country to develop cybersecurity methods suited to the AI era. South Korean President Lee Jae-myung has called for the country to develop cybersecurity methods suited to the AI era. https://www.businesstimes.com.sg/singapore/north-south-corridor-delay-higher-costs-likely-surface-works-will-be-prioritised-says-jeffrey-siow?ai-allowed=1 The Business Times en 2026-10-06T15:02:15+08:00 North-South Corridor delay: Higher costs likely, surface works will be prioritised, says Jeffrey Siow https://cassette.sphdigital.com.sg/image/businesstimes/b66d9ba1f2f733af9c8ca56cf762284daec528582ceeb0cf6c06c955547a03d3 The government will aim to complete major structural works creating the most dust and noise by the end of 2027, said Transport Minister Jeffrey Siow. The government will aim to complete major structural works creating the most dust and noise by the end of 2027, said Transport Minister Jeffrey Siow. https://www.businesstimes.com.sg/wealth/wealth-investing/why-consumer-ai-agents-could-be-next-big-investment-shift The Business Times en 2026-10-06T15:00:00+08:00 Why consumer AI agents could be the next big investment shift https://cassette.sphdigital.com.sg/image/businesstimes/7fad549366ae92f511257c847cba29551f5d5f429ba067d38177de8a1e6fa2c0 The ChatGPT moment was when people could simply talk to AI. This could soon move to something we delegate to – the consumer agent AI. The ChatGPT moment was when people could simply talk to AI. This could soon move to something we delegate to – the consumer agent AI. https://www.businesstimes.com.sg/wealth/wealth-investing/rate-cut-never-came-and-case-bonds The Business Times en 2026-10-06T15:00:00+08:00 The rate cut that never came, and the case for bonds https://cassette.sphdigital.com.sg/image/businesstimes/e35240b944c29470b010349769b4bcc22d7b4606e44f490eaedeeb5f4c5a4967 Professional forecasters still get the next rate move wrong often enough that building a portfolio around “what the Fed will do next” is a literal bet. Professional forecasters still get the next rate move wrong often enough that building a portfolio around “what the Fed will do next” is a literal bet. https://www.businesstimes.com.sg/wealth/wealth-investing/formula-1-mindset-can-help-investors-go-further The Business Times en 2026-10-06T15:00:00+08:00 The Formula 1 mindset that can help investors go further https://cassette.sphdigital.com.sg/image/businesstimes/a1eb056e55afbedbec12e5e575d14ae7e229fa7ddff02ab7ae4029a08184ea2d As with F1, few investors manage to consistently outperform the market over the long run. As with F1, few investors manage to consistently outperform the market over the long run. https://www.businesstimes.com.sg/wealth/wealth-investing/singapore-stocks-q4-2026-steady-anchor-ai-heavy-world?ai-allowed=1 The Business Times en 2026-10-06T15:00:00+08:00 Singapore stocks in Q4 2026: A steady anchor in an AI-heavy world https://cassette.sphdigital.com.sg/image/businesstimes/9369646f1e05a5bf53c694cf5256cd6f41a77196d7dfaf8e9e2c3085604a8bd5 The investment case for Singapore stocks has evolved from a rerating story into one increasingly supported by earnings and income. The investment case for Singapore stocks has evolved from a rerating story into one increasingly supported by earnings and income. https://www.businesstimes.com.sg/companies-markets/reits-property/hong-kong-property-developer-new-world-seeks-more-time-pay-bonds-exchange-offer The Business Times en 2026-10-06T14:58:01+08:00 Hong Kong property developer New World seeks more time to pay bonds with exchange offer https://cassette.sphdigital.com.sg/image/businesstimes/f21ebd1ee62217ee2c2b5d16694d258d31d7a7169da600ca021b161166cf8364 The Hyatt Regency hotel, a property co-owned by New World Development, in Hong Kong. The indebted property developer has launched a debt exchange offer that would allow bondholders to swap some notes due in 2027 and 2028 for new secured debt maturing in 2032. The bond exchange offer by New World, which co-owns the Hyatt Regency hotel (pictured), comes as it seeks to ease near-term repayment pressure and strengthen liquidity. https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-may-signal-underlying-inflation-has-hit-2-goal-sources The Business Times en 2026-10-06T14:32:18+08:00 BOJ may signal underlying inflation has hit 2% goal: sources https://cassette.sphdigital.com.sg/image/businesstimes/766dad4fb2545a46fbbe1764c467703b097345705336661eef174d61817ba205 A recent slew of data are likely heightening the BOJ’s belief that underlying inflation has roughly reached its 2 per cent target. A recent slew of data are likely heightening the BOJ’s belief that underlying inflation has roughly reached its 2 per cent target. https://www.businesstimes.com.sg/opinion-features/web-isnt-ready-millions-rule-bending-bots The Business Times en 2026-10-06T14:30:20+08:00 The Web isn’t ready for millions of rule-bending bots https://cassette.sphdigital.com.sg/image/businesstimes/5d149c4f90a00df8e58866562aed6e416fd4bd5ac295dedf4a43a7a2209edcce In some ways it is hard to imagine the new AI agents causing widespread trouble. They look too cute for a start. In some ways it is hard to imagine the new AI agents causing widespread trouble. They look too cute for a start. https://www.businesstimes.com.sg/international/global/china-japan-may-pull-back-us-debt-billionaire-investor-ray-dalio-warns The Business Times en 2026-10-06T14:04:40+08:00 China, Japan may pull back from US debt, billionaire investor Ray Dalio warns https://cassette.sphdigital.com.sg/image/businesstimes/9e07326e2fa7c273e67479c11cc40dad79b8c9be7004208adc36dfec063dbf43 Bridgewater Associates founder Ray Dalio has repeated his warning that the US faces a potential debt crisis within three years. Bridgewater Associates founder Ray Dalio has repeated his warning that the US faces a potential debt crisis within three years. https://www.businesstimes.com.sg/lifestyle/jeffrey-archer-novelist-whose-real-life-rivalled-his-thrillers-dies-86 The Business Times en 2026-10-06T14:02:46+08:00 Jeffrey Archer, novelist whose real life rivalled his thrillers, dies at 86 https://cassette.sphdigital.com.sg/image/businesstimes/e36c7e03698b0b643303af1bb77969aaf5663970b638abd154ff1cd0f48154c2 Jeffrey Archer seen in 1999 as a London mayoral candidate. A political Houdini, he survived many vicissitudes, including a perjury conviction in 2001.  Jeffrey Archer seen in 1999 as a London mayoral candidate. A political Houdini, he survived many vicissitudes, including a perjury conviction in 2001.  https://www.businesstimes.com.sg/companies-markets/herd-mentality-seen-private-market-fund-flows-asia-offers-diversification-lombard-odier?ai-allowed=1 The Business Times en 2026-10-06T13:54:30+08:00 ‘Herd mentality’ seen in private-market fund flows; Asia offers diversification: Lombard Odier https://cassette.sphdigital.com.sg/image/businesstimes/edba144a663b005087f975ce78437c706441e23476280deaa7ab3a329f8139ac People in Shanghai walking across a pedestrian bridge with a screen below showing the latest stock exchange and economy data. Asia is really a collection of different markets that display low correlation, says Daniel Matson, global head of private assets at Lombard Odier. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/deepseek-raise-least-us12-billion-tencent-backed-funding The Business Times en 2026-10-06T13:49:36+08:00 DeepSeek to raise at least US$12 billion in Tencent-backed funding https://cassette.sphdigital.com.sg/image/businesstimes/51da1153ac8d3b3b9ebe6df6f0f9798f2f06db9a00d9c7a954e2043473128a19 DeepSeek initially sought about 50 billion yuan but interest outstripped expectations after the successful release of its latest AI model. DeepSeek initially sought about 50 billion yuan but interest outstripped expectations after the successful release of its latest AI model. https://www.businesstimes.com.sg/international/japans-population-shrinks-city-accused-padding-census-numbers The Business Times en 2026-10-06T13:39:04+08:00 As Japan’s population shrinks, a city is accused of padding census numbers https://cassette.sphdigital.com.sg/image/businesstimes/47fcdf68ef486e9fc0c3510e81662cd8415ff1ab6b14271b00b28dc542ca51cc Toyama City sits at the edge of the Japanese Alps and is home to around 400,000 residents. Toyama City sits at the edge of the Japanese Alps and is home to around 400,000 residents. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/mas-third-eqdp-shot-s1-45-billion-catalyst-small-and-mid-caps-catch-jpmorgan?ai-allowed=1 The Business Times en 2026-10-06T13:36:50+08:00 MAS’ third EQDP shot of S$1.45 billion a catalyst for small and mid-caps to catch up: JPMorgan https://cassette.sphdigital.com.sg/image/businesstimes/1edf0e5d9a76dd8415479f7181392e89c6f8315f295d05375b911ae9d88fc57c A pedestrian looks out at Singapore’s Central Business District skyline. Small and mid-cap stocks stand to gain from a third tranche of Singapore’s Equity Market Development Programme, said JPMorgan Chase said in a recent report. Earlier allocations from the EQDP have boosted liquidity, but mid-caps have trailed the STI. https://www.businesstimes.com.sg/international/asean/thai-inflation-accelerates-again-floods-adding-price-risk The Business Times en 2026-10-06T13:19:43+08:00 Thai inflation accelerates again with floods adding price risk https://cassette.sphdigital.com.sg/image/businesstimes/0851b91923999918fdff8b176c658505eb3d468e677911740acbd088dcbe31ac The consumer price index rose 2.82% in September from a year earlier, accelerating from 2.53% in August, Commerce Ministry data showed on Oct 6. The consumer price index rose 2.82% in September from a year earlier, accelerating from 2.53% in August, Commerce Ministry data showed on Oct 6. https://www.businesstimes.com.sg/singapore/economy-policy/retrenched-pmets-who-return-lower-pay-see-median-25-wage-cut?ai-allowed=1 The Business Times en 2026-10-06T13:15:58+08:00 Retrenched PMETs who return on lower pay see median 25% wage cut https://cassette.sphdigital.com.sg/image/businesstimes/d5d3e7c70fd7abac5dd3810d0f518e970fe46a942142d0460635c9d4ff6be32e Among retrenched PMETs who have found work again, about six in 10 earn more than before their retrenchment at both the 12 and 24-month marks. Among retrenched PMETs who have found work again, about six in 10 earn more than before their retrenchment at both the 12 and 24-month marks. https://www.businesstimes.com.sg/companies-markets/fire-safety-specialist-deluge-corp-aims-raise-s23-million-ipo-s0-60-share?ai-allowed=1 The Business Times en 2026-10-06T13:14:02+08:00 Fire-safety specialist Deluge Corp aims to raise S$23 million in IPO at S$0.60 a share https://cassette.sphdigital.com.sg/image/businesstimes/673345476932b97a4530f78e465170680754db3c6778bcf5c3450689613c9d95 CEO Lee Wai Wah says Deluge Corp is looking to move beyond being a fire-protection contractor and to beef up its identity as an engineering specialist. CEO Lee Wai Wah says Deluge is looking to move beyond being a fire-protection contractor and to beef up its identity as an engineering specialist. https://www.businesstimes.com.sg/companies-markets/nvidia-backed-startup-reflection-unveils-open-weight-ai-model-said-rival-china-offerings The Business Times en 2026-10-06T13:09:30+08:00 Nvidia-backed startup Reflection unveils open-weight AI model said to rival China offerings https://cassette.sphdigital.com.sg/image/businesstimes/ae38cd63ee3b4ba2199ed91fd9128fa5312bf5298c9ce890ff886bac3d424dc1 The model is also said to fare comparably on advanced reasoning benchmarks to the flagship open model of China’s Z.AI, GLM-5.2. The model is also said to fare comparably on advanced reasoning benchmarks to the flagship open model of China’s Z.AI, GLM-5.2. https://www.businesstimes.com.sg/companies-markets/banking-finance/banks-chase-risky-chip-loans-asias-us8-2-trillion-ai-buildout The Business Times en 2026-10-06T12:37:11+08:00 Banks chase risky chip loans in Asia’s US$8.2 trillion AI buildout https://cassette.sphdigital.com.sg/image/businesstimes/b4efc9081cb250e384038442a656c6f5d2d583e0ac6eb8f0f89a7dd2ec1f851d Banks are becoming more comfortable with GPU financing, significantly widening the pool of capital available for the next phase of the AI race. Banks are becoming more comfortable with GPU financing, significantly widening the pool of capital available for the next phase of the AI race. https://www.businesstimes.com.sg/property/8-public-officers-referred-police-over-property-buys-near-unannounced-mrt-stations-chan-chun-sing?ai-allowed=1 The Business Times en 2026-10-06T12:09:50+08:00 8 public officers referred to police over property buys near unannounced MRT stations: Chan Chun Sing https://cassette.sphdigital.com.sg/image/businesstimes/60dd699d2c77dff56a7d0f24b6628727bca86e621fe61b1de0286652cd16fca7 An aerial view of property in Singapore, including residential and commercial properties. Eight public officers have been referred to the police following a government review of property purchases near locations subsequently announced as MRT stations. PSD’s review followed claims in a working paper that civil servants had disproportionately bought properties near planned but unannounced MRT stations. https://www.businesstimes.com.sg/opinion-features/bond-markets-balancing-act-perfectly-normal The Business Times en 2026-10-06T12:00:00+08:00 The bond market’s balancing act is perfectly normal https://cassette.sphdigital.com.sg/image/businesstimes/eeb6a2f136408af94ad0a52dd9bd6f094854664ec88e0a81bdfcb4deae1a3c21 One can tell what the US Federal Reserve will do by watching the two-year Treasury yield. One can tell what the US Federal Reserve will do by watching the two-year Treasury yield. https://www.businesstimes.com.sg/lifestyle/motoring/cashing-circuit?ai-allowed=1 The Business Times en 2026-10-06T12:00:00+08:00 Cashing in on the circuit https://cassette.sphdigital.com.sg/image/businesstimes/3d383f93e94fe4fd4bafa538a0db8abf7c8010926b160d20730f9c7bd394a715 https://www.businesstimes.com.sg/companies-markets/ocbc-initiates-egp-energy-buy-target-price-s1-05?ai-allowed=1 The Business Times en 2026-10-06T11:58:34+08:00 OCBC initiates EGP Energy with ‘buy’, target price of S$1.05 https://cassette.sphdigital.com.sg/image/businesstimes/f0fb95eea454464cd918aa392eac4c330666de80fb6379548d286199cb4b2965 EGP holds a 37.5% share of the extra high voltage and high voltage switchgear market. EGP holds a 37.5% share of the extra high voltage and high voltage switchgear market. https://www.businesstimes.com.sg/companies-markets/energy-commodities/ema-launches-tender-energy-infrastructure-cluster-pulau-tekong-could-include-lng-terminal?ai-allowed=1 The Business Times en 2026-10-06T11:55:22+08:00 EMA launches tender for energy infrastructure cluster on Pulau Tekong; could include LNG terminal https://cassette.sphdigital.com.sg/image/businesstimes/62eadab364d86e4af35e0bfb6121e0ae48abc5f92385c25cb170da24f4128151 The site in the proposed master plan will be part of the government’s effort to assess potential land uses on Pulau Tekong, said EMA. The site in the proposed master plan will be part of the government’s effort to assess potential land uses on Pulau Tekong, said EMA. https://www.businesstimes.com.sg/companies-markets/moonshot-said-eye-hong-kong-ipo-early-2027-after-value-hits-us50-billion The Business Times en 2026-10-06T11:18:35+08:00 Moonshot said to eye Hong Kong IPO in early 2027 after value hits US$50 billion https://cassette.sphdigital.com.sg/image/businesstimes/967066f0679e1dec31691ac672a0d64be7fae9291b0345149908c0035ecabe34 Moonshot has also begun laying groundwork to start gauging investor sentiment through early-look meetings starting as early as October, sources said. Moonshot has also begun laying groundwork to start gauging investor sentiment through early-look meetings starting as early as October, sources said. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-inches-lower-firmer-us-dollar-higher-yields-weigh The Business Times en 2026-10-06T09:20:46+08:00 Gold inches lower as firmer US dollar, higher yields weigh https://cassette.sphdigital.com.sg/image/businesstimes/2cfedf697a5c1c6f0a6b1bedf2a773df5c138e247e8457bac1936c361a50733e A firm US dollar made greenback-denominated commodities more expensive for holders of other currencies. A firm US dollar made greenback-denominated commodities more expensive for holders of other currencies. https://www.businesstimes.com.sg/lifestyle/worlds-biggest-business-class-coming-british-airways-a380s-amid-upscale-travel-rush The Business Times en 2026-10-06T09:08:15+08:00 World’s biggest business class coming to British Airways’ A380s amid upscale travel rush https://cassette.sphdigital.com.sg/image/businesstimes/8330808e534e9fd255a3da8958112df88622f3a8af57cc2bb2935bbfdd7ac302 The decision to splurge on transforming its A380 fleet makes BA an outlier, as rivals phase out the four-engine behemoth for smaller jets. The decision to splurge on transforming its A380 fleet makes BA an outlier, as rivals phase out the four-engine behemoth for smaller jets. https://www.businesstimes.com.sg/companies-markets/trader-radiant-world-misses-salary-payments-singapore-and-other-staff-september The Business Times en 2026-10-06T08:34:21+08:00 Trader Radiant World misses salary payments for Singapore and other staff in September https://cassette.sphdigital.com.sg/image/businesstimes/6dcf7c1c6edb5e247fdc90e82e003c4a449190c432c9d660e5fd2680e769ad42 Several Radiant World staff say there have been holdups in the past, with monthly salaries ultimately paid as late as a few days into the new month. Several Radiant World staff say there have been holdups in the past, with monthly salaries ultimately paid as late as a few days into the new month. https://www.businesstimes.com.sg/companies-markets/stocks-watch-civmec-aspial-lifestyle?ai-allowed=1 The Business Times en 2026-10-06T08:21:29+08:00 Stocks to watch: Civmec, Aspial Lifestyle https://cassette.sphdigital.com.sg/image/businesstimes/4d3d14b3b7f2de76cf0ad4ec451370a3e2ebd5ab37866ffeb567bfc0cd51f7ff Civmec has secured a series of new contract awards and extensions with a combined value exceeding A$220 million. Civmec has secured a series of new contract awards and extensions with a combined value exceeding A$220 million. https://www.businesstimes.com.sg/companies-markets/singapore-data-centre-operator-dayone-opts-us-ipo-likely-us20-billion-valuation The Business Times en 2026-10-06T08:17:39+08:00 Singapore data centre operator DayOne opts for US IPO at likely US$20 billion valuation https://cassette.sphdigital.com.sg/image/businesstimes/06188a1ef33f56606f2a07c1588fc464ff1840f926b1ebd13b6094f5f2c50fe7 Artist’s impression of a planned DayOne data centre in Singapore. The company is part of a wave of firms in the sector eyeing IPOs as soon as 2026. Artist’s impression of a planned DayOne data centre in Singapore. The company is part of a wave of firms in the sector eyeing IPOs as soon as 2026. https://www.businesstimes.com.sg/international/musk-trillionaire-again-spacex-claws-back-post-ipo-slump The Business Times en 2026-10-06T07:01:40+08:00 Musk is a trillionaire again as SpaceX claws back post-IPO slump https://cassette.sphdigital.com.sg/image/businesstimes/9837c9cd4f73197633e872b21a80518dfd2dca5b1b70af52a2e0dfc80310f9ed He became the world’s first trillionaire in June when SpaceX surged after its record-breaking IPO, but lost that crown as shares later slumped. He became the world’s first trillionaire in June when SpaceX surged after its record-breaking IPO, but lost that crown as shares later slumped. https://www.businesstimes.com.sg/opinion-features/are-americans-really-warming-china?ai-allowed=1 The Business Times en 2026-10-06T07:00:00+08:00 Are Americans really warming to China? https://cassette.sphdigital.com.sg/image/businesstimes/d6798ed9d70de3d8b40220be4d4a8569caa73b76cfb258500854af5befbb5e72 The share of Americans who call China an “enemy” fell from 42% in 2024 to 28% in spring 2026. The share of Americans who call China an “enemy” fell from 42% in 2024 to 28% in spring 2026. https://www.businesstimes.com.sg/opinion-features/go-ahead-let-ai-write-your-performance-review?ai-allowed=1 The Business Times en 2026-10-06T07:00:00+08:00 Go ahead, let AI write your performance review https://cassette.sphdigital.com.sg/image/businesstimes/2b12f5fb57c7b9d543e2acbf0a0fee8f4c368f950c99580b397390d80c437633 For all the impressive strides the technology has made, large language models still make both the abysmal and the outstanding sound uncannily similar. For all the impressive strides the technology has made, large language models still make both the abysmal and the outstanding sound uncannily similar. https://www.businesstimes.com.sg/companies-markets/citi-targets-globally-ambitious-firms-geopolitical-de-risking-drives-singapore-flows?ai-allowed=1 The Business Times en 2026-10-06T07:00:00+08:00 Citi targets globally ambitious firms as geopolitical de-risking drives Singapore flows https://cassette.sphdigital.com.sg/image/businesstimes/88481647ecf7f2d17d85d28bafd2c017597784b775efafd9ebd2ec4ad805c2f5 Tasnim Ghiawadwala, global commercial bank head at Citi, says: “Our clients are realising that (they) can’t put all (their) eggs in one basket.” Tasnim Ghiawadwala, global commercial bank head at Citi, says: “Our clients are realising that (they) can’t put all (their) eggs in one basket.” https://www.businesstimes.com.sg/companies-markets/shell-mark-135-years-singapore-major-energy-and-innovation-forum-oct-9?ai-allowed=1 The Business Times en 2026-10-06T07:00:00+08:00 Shell to mark 135 years in Singapore with major energy and innovation forum on Oct 9 https://cassette.sphdigital.com.sg/image/businesstimes/e17202b7007b670d196dc9e76a6bd35cd441cc3babd5910a8478cf1c215d7b9e The programme will conclude with a focus on high-performance technology through Shell’s longstanding partnership with F1 team Scuderia Ferrari HP. The programme will conclude with a focus on high-performance technology through Shell’s longstanding partnership with F1 team Scuderia Ferrari HP. https://www.businesstimes.com.sg/events-awards/emerging-enterprise-2026/rethinking-familiar-one-industry-time?ai-allowed=1 The Business Times en 2026-10-06T07:00:00+08:00 Rethinking the familiar, one industry at a time https://cassette.sphdigital.com.sg/image/businesstimes/15287757acf295bdf3497c735f66b76f21446578f2f026dbffcee310b0c44c71 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/international/openai-us30-billion-round-talks-uae-funds-blackrock The Business Times en 2026-10-06T06:51:13+08:00 OpenAI in US$30 billion round talks with UAE funds, BlackRock https://cassette.sphdigital.com.sg/image/businesstimes/302ac876fff8513c6a75fddd2fd4cb2ce2d589006da1e3cc4600da578848d8dd The ChatGPT maker is seeking a roughly US$1.4 trillion valuation after postponing its IPO plans. The ChatGPT maker is seeking a roughly US$1.4 trillion valuation after postponing its IPO plans. https://www.businesstimes.com.sg/international/iraq-seeks-more-tankers-control-its-hormuz-oil-transits The Business Times en 2026-10-06T06:38:20+08:00 Iraq seeks more tankers to control its Hormuz oil transits https://cassette.sphdigital.com.sg/image/businesstimes/fdf6e7631c5dddaaf37f24bbfdcebe241e814b7c4ae5efa53983c383fcea11f0 The move comes as recovering Gulf oil exports increase demand for the limited pool of tankers available to navigate Hormuz. The move comes as recovering Gulf oil exports increase demand for the limited pool of tankers available to navigate Hormuz. https://www.businesstimes.com.sg/companies-markets/energy-commodities/saudi-east-west-oil-pipeline-said-be-flowing-normal The Business Times en 2026-10-06T06:24:22+08:00 Saudi East-West oil pipeline is said to be flowing as normal https://cassette.sphdigital.com.sg/image/businesstimes/54283252119e42b9ce2e11a7051cbc6a0f57a255a88bb924553189d143866cab Oil prices that jumped as much as 1.2% after the report on attacks to the East-West pipeline eased following news of the normal operations. Oil prices that jumped as much as 1.2% after the report on attacks to the East-West pipeline eased following news of the normal operations. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-holds-decline-signs-increased-middle-east-shipments The Business Times en 2026-10-06T06:10:58+08:00 Oil holds decline on signs of increased Middle East shipments https://cassette.sphdigital.com.sg/image/businesstimes/116c9abe4d121304d19ff3923847839ab00d1ae28bf929e7d853a2fdafea0bc4 Persian Gulf producers are moving larger volumes through the Strait of Hormuz. Persian Gulf producers are moving larger volumes through the Strait of Hormuz. https://www.businesstimes.com.sg/international/asean/asean-faces-widening-electricity-security-challenges-amid-rising-demand-iea-report?ai-allowed=1 The Business Times en 2026-10-06T06:00:00+08:00 Asean faces widening electricity security challenges amid rising demand: IEA report https://cassette.sphdigital.com.sg/image/businesstimes/41ab12ad8a1a7a398c2849ee924ae9dda3d7d5ed5ba6cff81118cb314c83601b The Asean region is facing a widening set of electricity security challenges due to a tightening supply and demand balance, and changes in the generation mix. The Asean region is facing a widening set of electricity security challenges due to a tightening supply and demand balance, and changes in the generation mix. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europes-stoxx-600-gains-banks-boost-french-stocks-slide-fiscal-fears The Business Times en 2026-10-06T05:58:43+08:00 Europe's Stoxx 600 gains on banks boost; French stocks slide on fiscal fears https://cassette.sphdigital.com.sg/image/businesstimes/5b0cdb6ee49dd9f259da179f1fba850dc410abaca1e5e2de2b947e62c0bf67a7 Industrial goods and services lost 0.7%, dragged down by a 10% slide in Schneider Electric as investors weighed the size of its largest-ever acquisition. Industrial goods and services lost 0.7%, dragged down by a 10% slide in Schneider Electric as investors weighed the size of its largest-ever acquisition. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nasdaq-notches-record-high-close-investors-focus-earnings The Business Times en 2026-10-06T05:49:28+08:00 Nasdaq notches record high close as investors focus on earnings https://cassette.sphdigital.com.sg/image/businesstimes/5a0e3c42838caa1e116b6715104f40678411ad1c7b6a6adeefcb4dd4a53fa17a Volume on US exchanges was relatively light, with 16.8 billion shares traded, compared to an average of 17.3 billion shares over the previous 20 sessions. Volume on US exchanges was relatively light, with 16.8 billion shares traded, compared to an average of 17.3 billion shares over the previous 20 sessions.