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/989b60e0582444f1216852e1f1b50e855b268505c4aa7537bc953480fd6cf266 Sheng Siong reports 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. Sheng Siong reports 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/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/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/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-eyes-thousands-layoffs-managers-asked-cut-20 The Business Times en 2026-11-03T09:09:42+08:00 Disney eyes thousands of layoffs, with managers asked to cut 20% https://cassette.sphdigital.com.sg/image/businesstimes/f3698ceb5934bc31b777d51a75829f10418eaa0ddf0f509ab3b8427c816e4bc6 Some of Disney’s operations, which range from theme parks, TV network and the movie studio, will be affected disproportionately.  Some of Disney’s operations, which range from theme parks, TV network 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 (left) 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/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/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/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/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/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/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/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/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/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. https://www.businesstimes.com.sg/international/south-koreas-lee-vows-make-bold-ai-investment-record-budget-push The Business Times en 2026-11-02T11:42:25+08:00 South Korea’s Lee vows to make bold AI investment in record budget push https://cassette.sphdigital.com.sg/image/businesstimes/aa1043ffa12bfa2c68ff40220ca85e7a321e6695f2867075cdc8549ab3a4c2cd South Korea President Lee Jae Myung said the country will invest 21.3 trillion won (US$15.97 billion) in AI, semiconductors and data centres. South Korea President Lee Jae Myung said the country will invest 21.3 trillion won (US$15.97 billion) in AI, semiconductors and data centres. https://www.businesstimes.com.sg/companies-markets/banking-finance/china-lowers-funding-costs-shift-overnight-policy-rate The Business Times en 2026-11-02T11:02:10+08:00 China lowers funding costs with shift to overnight policy rate https://cassette.sphdigital.com.sg/image/businesstimes/d69317559c978e013c3dda8fc91dd89892f2be99a191fa57d906b13b89ffc0b2 The PBOC injected 541 billion yuan (US$81.3 billion) through overnight reverse repurchase agreements at 1.25 per cent. The PBOC injected 541 billion yuan (US$81.3 billion) through overnight reverse repurchase agreements at 1.25 per cent. https://www.businesstimes.com.sg/companies-markets/sheng-siong-shares-continue-last-weeks-slide-fall-over-9-hit-one-year-low?ai-allowed=1 The Business Times en 2026-11-02T10:28:32+08:00 Sheng Siong shares continue last week’s slide, fall over 9% to hit one-year low https://cassette.sphdigital.com.sg/image/businesstimes/f208e51721793361da4e91d6600e247e1e19cc0c5a7b846bde80abfa4bbbb966 A Sheng Siong supermarket in Singapore. Sheng Siong reports a modest 1.9% year-on-year growth in Q3 net profit. https://www.businesstimes.com.sg/companies-markets/metrocon-chairman-steps-down-after-being-charged-over-unlicensed-worker-dormitory?ai-allowed=1 The Business Times en 2026-11-02T09:59:47+08:00 Metrocon chairman steps down after being charged over unlicensed worker dormitory https://cassette.sphdigital.com.sg/image/businesstimes/9aff7f4ad083b9a273008fd9852a7760e530b87329c8763bc3611e5d0ec373dc The construction company says Alvin Lim resigned as its non-executive and non-independent chairman with effect from Oct 29. The construction company says Alvin Lim resigned as its non-executive and non-independent chairman with effect from Oct 29. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-climbs-back-one-year-low-dip-buyers-arrest-slide The Business Times en 2026-11-02T09:57:50+08:00 Gold climbs back from one-year low as dip buyers arrest slide https://cassette.sphdigital.com.sg/image/businesstimes/01337fce2ec3f9ebcc843d022b02d04e8bf7954a3b46be7ed41fb5b4e26971b8 Bullion gained as much as 0.7 per cent to near US$3,900 an ounce on Monday. Bullion gained as much as 0.7 per cent to near US$3,900 an ounce on Monday. https://www.businesstimes.com.sg/international/trump-floats-concept-us-canada-deal-includes-pipeline The Business Times en 2026-11-02T09:22:02+08:00 Trump floats ‘concept’ of US-Canada deal that includes pipeline https://cassette.sphdigital.com.sg/image/businesstimes/609535f206382153af1250b31f4c96eff372894fa212f3132ff28b0a961a7c9a US President Donald Trump said the scope of an agreement would include the Keystone XL pipeline project that he supports. US President Donald Trump said the scope of an agreement would include the Keystone XL pipeline project that he supports. https://www.businesstimes.com.sg/international/japans-october-factory-growth-slows-costs-pick-pmi The Business Times en 2026-11-02T09:02:05+08:00 Japan’s October factory growth slows as costs pick up: PMI https://cassette.sphdigital.com.sg/image/businesstimes/60a97dbecf148dc07b593ffed8b71804e38560b59951f8c3b94296fc1ce9e519 Output rose for a 10th straight month. Output rose for a 10th straight month. https://www.businesstimes.com.sg/companies-markets/great-eastern-q3-profit-falls-72-s102-9-million-weaker-valuations-divestment-loss?ai-allowed=1 The Business Times en 2026-11-02T09:01:53+08:00 Great Eastern Q3 profit falls 72% to S$102.9 million on weaker valuations, divestment loss https://cassette.sphdigital.com.sg/image/businesstimes/a76123ca371f1d9fe86fb8a62c28c1fb1f2df8ba8a850ffb4f8c8efc891d2324 The Great Eastern logo on the facade of Great Eastern Centre located in Pickering Street. For the nine months ended Sep 30, net profit declined 1% to S$952.4 million, from S$965.7 million in the year-ago period. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-england-poised-raise-rates-may-push-back-bets-more The Business Times en 2026-11-02T08:33:07+08:00 Bank of England poised to raise rates but may push back on bets for more https://cassette.sphdigital.com.sg/image/businesstimes/60fb9d3a2aec94812f43c5148a8bdb1d142474982cc39f26a9335979bccc92fb Governor Andrew Bailey has said the BoE cannot wait for conclusive proof of second-round effects of inflation as it will be too late. Governor Andrew Bailey has said the BoE cannot wait for conclusive proof of second-round effects of inflation as it will be too late. https://www.businesstimes.com.sg/companies-markets/stocks-watch-wilmar-great-eastern-keppel-nio-lendlease-global-reit?ai-allowed=1 The Business Times en 2026-11-02T08:27:42+08:00 Stocks to watch: Wilmar, Great Eastern, Keppel, Nio, Lendlease Global Reit https://cassette.sphdigital.com.sg/image/businesstimes/c4af06b8bd359b6547e23e91f66e4b995c43bd30d50b0fa6def0294e5b3ff856 Wilmar is among the Singapore-registered companies that the National Environment Agency is seeking information from on potential links to the haze. Wilmar is among the Singapore-registered companies that the National Environment Agency is seeking information from on potential links to the haze. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-slips-more-1-talks-continue-ending-iran-war The Business Times en 2026-11-02T07:51:38+08:00 Oil slips more than 1% as talks continue on ending Iran war https://cassette.sphdigital.com.sg/image/businesstimes/2318e27e7f915ed183b96c8f12debec0c72826741ded412c6c622d4cafbcc3c6 Brent crude futures fell US$1.59, or 1.4 per cent, to US$111.84 a barrel by 0011 GMT. Brent crude futures fell US$1.59, or 1.4 per cent, to US$111.84 a barrel by 0011 GMT. https://www.businesstimes.com.sg/international/global/how-blue-wave-could-test-trump-his-final-two-years The Business Times en 2026-11-02T07:10:32+08:00 How a blue wave could test Trump in his final two years https://cassette.sphdigital.com.sg/image/businesstimes/94facbb1f54aa822c1856388f13789f291821e7204d9db96fc895c7f45a56a22 US President Donald Trump campaigning at a rally in Dubuque, Iowa, Nov 1, 2026. US President Donald Trump campaigning at a rally in Dubuque, Iowa, Nov 1, 2026. https://www.businesstimes.com.sg/paid-press-release/ch-robinson-debuts-lean-ai-for-ocean-shipping-air-freight-and-customs The Business Times en 2026-11-02T07:00:00+08:00 C.H. Robinson Debuts Lean AI For Ocean Shipping, Air Freight and Customs https://cassette.sphdigital.com.sg/image/businesstimes/b5d2bc750d71e1c0513c2b8afcacced6e6d8a438eddb4ce1c7a5e26461911b85 C.H. Robinson shipping containers at an intermodal freight terminal. C.H. Robinson shipping containers at an intermodal freight terminal. https://www.businesstimes.com.sg/companies-markets/nasdaq-100-losing-momentum-ai-trade-divides?ai-allowed=1 The Business Times en 2026-11-02T07:00:00+08:00 Nasdaq 100 losing momentum as AI trade divides https://cassette.sphdigital.com.sg/image/businesstimes/f5486066f380e4bc33f2d7e27496e5267b861e8d5f0aaed3c9dea8b667eaf9e5 For now, the Nasdaq 100 has lost its short-term footing while its long-term trend holds.  For now, the Nasdaq 100 has lost its short-term footing while its long-term trend holds.  https://www.businesstimes.com.sg/companies-markets/beyond-funding-improved-trading-volume-smid-pricing-also-good-metrics-eqdps-success?ai-allowed=1 The Business Times en 2026-11-02T07:00:00+08:00 Beyond funding, improved trading volume, SMID pricing also good metrics of EQDP’s success https://cassette.sphdigital.com.sg/image/businesstimes/b57adb9dd3c5b39630fc0f44c8b529c53258eb6573846367bb45514235c6c2d4 Singapore markets remain attractive to investors due to their “safe haven” appeal, analysts say. Singapore markets remain attractive to investors due to their “safe haven” appeal, analysts say. https://www.businesstimes.com.sg/opinion-features/why-trumps-tech-dreams-are-quietly-crumbling The Business Times en 2026-11-02T07:00:00+08:00 Why Trump’s tech dreams are quietly crumbling https://cassette.sphdigital.com.sg/image/businesstimes/683e78f05b8175dc87f3612676a7e6f059b4e435d2fd8f2cef7a5be81d73edcd A semiconductor chip displayed at a groundbreaking event by SK Hynix for a plant in Indiana (pictured). Some fear tariffs will prevent the investment Trump wants. A semiconductor chip displayed at a groundbreaking event by SK Hynix for a plant in Indiana (pictured). Some fear tariffs will prevent the investment Trump wants. https://www.businesstimes.com.sg/companies-markets/not-playing-red-ocean-sp-group-aims-triple-china-district-cooling-capacity-5-years?ai-allowed=1 The Business Times en 2026-11-02T07:00:00+08:00 ‘Not playing in the red ocean’: SP Group aims to triple China district cooling capacity in 5 years https://cassette.sphdigital.com.sg/image/businesstimes/3b6dbea706e629e44a424da2931b7180e633a80dcf102c2e77b5f5ad672a11ad Michael Lim, deputy managing director for SP Group’s Sustainable Solutions China, says the company invests in sustainable energy solutions including solar energy and battery storage. Michael Lim, deputy managing director for SP Group’s Sustainable Solutions China, says the company invests in sustainable energy solutions including solar energy and battery storage. https://www.businesstimes.com.sg/companies-markets/singapore-banks-wealth-fees-may-ease-q3-ai-lending-bond-yields-draw-scrutiny?ai-allowed=1 The Business Times en 2026-11-02T07:00:00+08:00 Singapore banks’ wealth fees may ease in Q3 as AI lending, bond yields draw scrutiny https://cassette.sphdigital.com.sg/image/businesstimes/fb134aada4a3e44b12ae78e52f45ebd8e917177af7c80222c023b0ce3043668f UOB will be the first to announce its third-quarter results on Nov 4, followed by DBS and OCBC on Nov 5 and 6, respectively. UOB will be the first to announce its third-quarter results on Nov 4, followed by DBS and OCBC on Nov 5 and 6, respectively. https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights93?ai-allowed=1 The Business Times en 2026-11-02T07:00:00+08:00 Baltic Exchange Shipping Insights https://cassette.sphdigital.com.sg/image/businesstimes/4d7701a600d6bec72cb3a5b1144dc86cc2875d3efdef6711a97d1a96e975d6b0 A roundup of the week’s tanker and dry bulk market (Oct 30, 2026). A roundup of the week’s tanker and dry bulk market (Oct 30, 2026). https://www.businesstimes.com.sg/international/bangladesh-sets-wage-board-garment-workers-unrest-shuts-factories The Business Times en 2026-11-02T06:28:24+08:00 Bangladesh sets up wage board as garment workers’ unrest shuts factories https://cassette.sphdigital.com.sg/image/businesstimes/6296a3975b15d55304e61da9c94cfae2565a1a87657ce97bef75013bc14165d6 Garment workers throw bricks at members of the police during a protest demanding higher wages in Dhaka, Bangladesh, Nov 1, 2026. Garment workers throw bricks at members of the police during a protest demanding higher wages in Dhaka, Bangladesh, Nov 1, 2026. https://www.businesstimes.com.sg/international/global/binance-sees-spike-withdrawals-exchange-returns-online-after-us6-3-billion-heist The Business Times en 2026-11-02T06:11:38+08:00 Binance sees spike in withdrawals as exchange returns online after US$6.3 billion heist https://cassette.sphdigital.com.sg/image/businesstimes/cba6eb5a8089dc62786017316798039e413f3bb9d5dc9d7aa44e1d0577160bb7 Binance said it had covered US$6 billion of stolen cryptocurrencies by using company money to buy replacement tokens. Binance said it had covered US$6 billion of stolen cryptocurrencies by using company money to buy replacement tokens. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/australian-outback-data-centre-pulls-timeline-after-regulator-stalls The Business Times en 2026-11-02T05:55:06+08:00 Australian outback data centre pulls timeline after regulator stalls https://cassette.sphdigital.com.sg/image/businesstimes/6656af616bac8b3f1a724c873e100acb029c7768bfbb62238c808ee675a29ce5 The project is the biggest in the country to put back its timing. The project is the biggest in the country to put back its timing. https://www.businesstimes.com.sg/property/australian-home-prices-fall-seventh-month The Business Times en 2026-11-01T22:18:57+08:00 Australian home prices fall for seventh month https://cassette.sphdigital.com.sg/image/businesstimes/da654e4b614952986645ea7e50bd9035f3af3b94905f503bc18c7ad59566965a Figures from Cotality showed national home prices fell 1.2% in October from September, when they dropped by a downward revised figure of 1.3%. Figures from Cotality showed national home prices fell 1.2% in October from September, when they dropped by a downward revised figure of 1.3%. https://www.businesstimes.com.sg/companies-markets/wilmar-sold-goods-6-firms-issued-notices-under-singapore-haze-law-no-operational-relationship?ai-allowed=1 The Business Times en 2026-11-01T21:27:30+08:00 Wilmar sold goods to 6 firms issued notices under Singapore haze law; no operational relationship https://cassette.sphdigital.com.sg/image/businesstimes/c4af06b8bd359b6547e23e91f66e4b995c43bd30d50b0fa6def0294e5b3ff856 Wilmar is among the Singapore-registered companies that the National Environment Agency is seeking information from on potential links to the haze. Wilmar is among the Singapore-registered companies that the National Environment Agency is seeking information from on potential links to the haze. https://www.businesstimes.com.sg/opinion-features/stronger-governance-code-listing-rules-need-backing-robust-culture-stewardship?ai-allowed=1 The Business Times en 2026-11-01T20:44:18+08:00 Stronger governance code, listing rules need backing of a robust culture of stewardship https://cassette.sphdigital.com.sg/image/businesstimes/0d21f955ffa1cae520c0a97ace8159dce30a119ea26e4277101fe130b72e5a6d Some of the CGAC and SGX RegCo’s objectives cannot be achieved through mandatory requirements on companies. Some of the CGAC and SGX RegCo’s objectives cannot be achieved through mandatory requirements on companies. https://www.businesstimes.com.sg/international/uk-chancellor-healey-says-benefits-bill-will-fall-doesnt-give-timeline The Business Times en 2026-11-01T19:58:22+08:00 UK Chancellor Healey says benefits Bill will fall, doesn’t give timeline https://cassette.sphdigital.com.sg/image/businesstimes/8aebdc53db2c4f99ded24a5d01add6bc2fb62756484e56da0a2d204cfb1ee04f Public polling shows Chancellor John Healey’s Budget to be one of the better-received fiscal events of recent years. Public polling shows Chancellor John Healey’s Budget to be one of the better-received fiscal events of recent years. https://www.businesstimes.com.sg/singapore/economy-policy/singapore-argentina-deepen-trade-ties-key-south-american-trade-pact-enters-force?ai-allowed=1 The Business Times en 2026-11-01T19:03:39+08:00 Singapore, Argentina deepen trade ties as key South American trade pact enters into force https://cassette.sphdigital.com.sg/image/businesstimes/b048f0c9bd0ae6e6892af7202aa3ca188062745ea0281a407c74245994eb8095 Pasir Panjang Terminal in Singapore The agreement establishes more transparent customs procedures, and supports expedited clearance of express shipments and perishable goods. https://www.businesstimes.com.sg/companies-markets/reits-property/police-clear-new-lisbon-housing-protest-camp-after-thousands-rally The Business Times en 2026-11-01T18:16:23+08:00 Police clear new Lisbon housing protest camp after thousands rally https://cassette.sphdigital.com.sg/image/businesstimes/4cece8f1e744e5d1d454e1a9798d8ddd6d0b6727aa7ac5dcd04bde5e53581902 Protesters have pitched more than 50 tents in Rossio Square after a march through central Lisbon on Oct 31 that drew thousands. Protesters have pitched more than 50 tents in Rossio Square after a march through central Lisbon on Oct 31 that drew thousands. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/south-korea-exports-extend-robust-growth-ai-fuelled-chip-boom The Business Times en 2026-11-01T17:53:08+08:00 South Korea exports extend robust growth on AI-fuelled chip boom https://cassette.sphdigital.com.sg/image/businesstimes/2a7797eeeba0b4410ae31beee47397a611cbbeb8604980c79fbb3d39e8437fc1 SK Hynix has reported a sevenfold surge in quarterly profit. SK Hynix has reported a sevenfold surge in quarterly profit. https://www.businesstimes.com.sg/property/thomson-reserve-sells-90-units-average-s2900-psf-over-launch-weekend?ai-allowed=1 The Business Times en 2026-11-01T17:52:28+08:00 Thomson Reserve sells 90% of units at average of S$2,900 psf over launch weekend https://cassette.sphdigital.com.sg/image/businesstimes/5ff95563a123a55f860c6474492cf9e1465ca5bcf9c7f04e26633f87c51a6957 The development received 32,000 visitors over two weekends of public preview. The development received 32,000 visitors over two weekends of public preview. https://www.businesstimes.com.sg/singapore/loan-curbs-private-hire-car-buyers-2026-monthly-registrations-two-thirds-so-far?ai-allowed=1 The Business Times en 2026-11-01T16:47:12+08:00 Loan curbs on private-hire car buyers: 2026 monthly registrations up two-thirds so far https://cassette.sphdigital.com.sg/image/businesstimes/0c6f45653fd797d0cc0ecf10ca95c4c1f182847284d255d0215c289d7191edcd Starting Oct 30, individually-owned private-hire cars are subject to the same financing limits as private cars. Starting Oct 30, individually-owned private-hire cars are subject to the same financing limits as private cars. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-england-may-raise-high-risk-mortgage-threshold-ft The Business Times en 2026-11-01T16:31:42+08:00 Bank of England may raise high-risk mortgage threshold: FT https://cassette.sphdigital.com.sg/image/businesstimes/ef6464d47f331dc52daa32509c69a8d86d0e8b18497cfe8aee54f1ef6ad2f3be The Bank of England’s financial policy committee is examining whether to increase a key lending threshold to five times borrowers’ household income. The Bank of England’s financial policy committee is examining whether to increase a key lending threshold to five times borrowers’ household income. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/yen-gains-against-us-dollar-after-bank-japan-holds-rates The Business Times en 2026-11-01T16:31:04+08:00 Yen gains against US dollar after Bank of Japan holds rates https://cassette.sphdigital.com.sg/image/businesstimes/d07d82d0a347428c0b76b1c3daa1ef1394c042e52ef0822529b53dfd3a8147b0 The yen was last up 0.11% at 157.51 per US dollar, but was on track for a monthly loss in October. The yen was last up 0.11% at 157.51 per US dollar, but was on track for a monthly loss in October. https://www.businesstimes.com.sg/property/1-5-prime-region-private-home-resale-deals-made-loss-q3?ai-allowed=1 The Business Times en 2026-11-01T15:55:06+08:00 1 in 5 prime-region private home resale deals made at a loss in Q3 https://cassette.sphdigital.com.sg/image/businesstimes/ea03c7af06f3bc367efd25a302d99a3c91ccd08becc77be0f664fb6029815381 In the Core Central Region, 19.5% of the transactions were loss-making in Q3, climbing from a share of 17.7% in the previous quarter. In the Core Central Region, 19.5% of the transactions were loss-making in Q3, climbing from a share of 17.7% in the previous quarter. https://www.businesstimes.com.sg/international/high-credit-card-rates-emerge-rare-bipartisan-midterms-issue The Business Times en 2026-11-01T15:30:00+08:00 High credit card rates emerge as rare bipartisan midterms issue https://cassette.sphdigital.com.sg/image/businesstimes/e40b647174a7666ee3a582236cb4d76cd6f1498100bae770fcc199bc23cfc96d High rates, a pickup in inflation and rising costs across the broader economy have helped drive the credit card delinquency rate towards its highest level since 2011. High rates, a pickup in inflation and rising costs across the broader economy have helped drive the credit card delinquency rate towards its highest level since 2011. https://www.businesstimes.com.sg/wealth/wealth-investing/looking-beyond-glide-path-what-really-matters-target-date-investment-strategy The Business Times en 2026-11-01T15:00:00+08:00 Looking beyond the glide path: What really matters in a target-date investment strategy https://cassette.sphdigital.com.sg/image/businesstimes/fbc8773be5864ab44ab2e5b022b1c94e1276ae623e231f848d2433348d501317 Stock photo of people reviewing charts with a magnifying glass in an office setting. Investors should look at whether the underlying investments in their portfolio are aligned with the outcomes they are seeking. https://www.businesstimes.com.sg/lifestyle/after-louvre-heist-and-string-thefts-europes-smaller-museums-are-guard The Business Times en 2026-11-01T14:58:59+08:00 After Louvre heist and string of thefts, Europe’s smaller museums are on guard https://cassette.sphdigital.com.sg/image/businesstimes/04f3e2c075db95eb2b6c51e5974a2f9e68e20534a977a6d3271fddeaa0c6ca2b Recovered paintings that were stolen from the Fondazione Magnani Rocca museum; there are concerns that criminals are increasingly targeting smaller institutions with fewer resources to protect valuable collections. Recovered paintings that were stolen from the Fondazione Magnani Rocca museum; there are concerns that criminals are increasingly targeting smaller institutions with fewer resources to protect valuable collections. https://www.businesstimes.com.sg/companies-markets/banking-finance/money-managers-including-kkr-get-ready-snatch-bargain-leveraged-loans The Business Times en 2026-11-01T14:50:00+08:00 Money managers including KKR get ready to snatch up bargain leveraged loans https://cassette.sphdigital.com.sg/image/businesstimes/bf3c51cf922f2eca5a0488ecfbcb30b7e15935237adba0a8d336039b5efd19d2 KKR is among the firms that are considering buying loans and packaging them into bonds known as collateralised loan obligations. KKR is among the firms that are considering buying loans and packaging them into bonds known as collateralised loan obligations. https://www.businesstimes.com.sg/wealth/crypto-alternative-assets/binance-resume-customer-withdrawals-phases-nov-1-after-hack The Business Times en 2026-11-01T14:10:00+08:00 Binance to resume customer withdrawals in phases from Nov 1 after hack https://cassette.sphdigital.com.sg/image/businesstimes/56547b7b8ff34fe03d019578f66b4b22c5a0997f821ecb114b8c4baafd31b0d3 Binance halted transactions on Oct 30 morning in Asia after the breach was disclosed.  Binance halted transactions on Oct 30 morning in Asia after the breach was disclosed.  https://www.businesstimes.com.sg/international/global/north-korean-hackers-stole-billions-fbi-says-its-not-their-first-heist The Business Times en 2026-11-01T13:25:00+08:00 North Korean hackers stole billions, the FBI says. It’s not their first heist https://cassette.sphdigital.com.sg/image/businesstimes/ca62f2e2674b11349744271b77d93b6ccd614934040572dd4a44f5a211de2173 The FBI on Oct 31 accused North Korean hacking unit TraderTraitor of carrying out an attack on Binance, in which hackers made off with some US$6 billion.  The FBI on Oct 31 accused North Korean hacking unit TraderTraitor of carrying out an attack on Binance, in which hackers made off with some US$6 billion.  https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-keeps-december-oil-output-targets-steady-ahead-tougher-call-2027 The Business Times en 2026-11-01T12:25:00+08:00 Opec+ keeps December oil output targets steady ahead of tougher call for 2027 https://cassette.sphdigital.com.sg/image/businesstimes/f06e84fbe564c698aac706909853920c1392a2a7e8cf8763cab00308b090c7ed A Nov 1 meeting of seven core Opec+ members comes as Gulf members have been boosting exports that have been disrupted for months by the Iran war.  A Nov 1 meeting of seven core Opec+ members comes as Gulf members have been boosting exports that have been disrupted for months by the Iran war.  https://www.businesstimes.com.sg/companies-markets/asset-light-or-asset-heavy-it-need-not-be-either-or-says-guocoland-ceo?ai-allowed=1 The Business Times en 2026-11-01T12:00:00+08:00 Asset light or asset heavy? It need not be ‘either or’, says GuocoLand CEO https://cassette.sphdigital.com.sg/image/businesstimes/2800e47a223427c19ffeed96134c93bb6ab5ffb3eb90273f422efd66d210787b GuocoLand has some of the best office assets in Singapore, said group CEO Cheng Hsing Yao. GuocoLand has some of the best office assets in Singapore, said group CEO Cheng Hsing Yao. https://www.businesstimes.com.sg/international/asean/us-midterm-elections-serve-bellwether-south-east-asia The Business Times en 2026-11-01T12:00:00+08:00 US midterm elections serve as bellwether for South-east Asia https://cassette.sphdigital.com.sg/image/businesstimes/227e072cc6fb6079f59d6a45ac1b3ec56a6f6571a2192c22790bdeccaaa5cd9d Voters in the US doing early voting for the upcoming midterms on Nov 3. Although the president does not appear on the ballot, voters view the midterms as a referendum on the sitting president. https://www.businesstimes.com.sg/companies-markets/stake-increases-stand-out-amid-net-institutional-selling?ai-allowed=1 The Business Times en 2026-11-01T12:00:00+08:00 Stake increases stand out amid net institutional selling https://cassette.sphdigital.com.sg/image/businesstimes/6629227afa3727429284699ed1a61cd36943abfb2f69d90275f5c4809d3019f9 During the five trading sessions from Oct 23 to Oct 29, 19 primary-listed companies conducted buybacks with a total consideration of S$12.8 million. During the five trading sessions from Oct 23 to Oct 29, 19 primary-listed companies conducted buybacks with a total consideration of S$12.8 million.