https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nasdaq-falls-ahead-earnings-economic-data-while-oil-rallies The Business Times en 2026-10-13T05:50:56+08:00 Nasdaq falls ahead of earnings, economic data while oil rallies https://cassette.sphdigital.com.sg/image/businesstimes/1341890d2698684ca95b2f07a1fc914fed85651a4420edabde30ab78c71e2d32 The Dow Jones Industrial Average rose or 0.38% to 51,850.55, the S&P 500 lost 0.06% to 7,807.24 and the Nasdaq Composite lost 0.44% to 27,245.90. The Dow Jones Industrial Average rose or 0.38% to 51,850.55, the S&P 500 lost 0.06% to 7,807.24 and the Nasdaq Composite lost 0.44% to 27,245.90. https://www.businesstimes.com.sg/podcasts/age-longevity-endowment-style-investing-generations?ai-allowed=1 The Business Times en 2026-10-13T05:00:00+08:00 The age of longevity? Endowment-style investing for generations https://cassette.sphdigital.com.sg/image/businesstimes/4d621974d2e58f509690d1a1fce624d16944370c7b5db3bda698e8dd05c34394 Victor Aerni, chief executive officer, Pictet Wealth Management Asia. Victor Aerni, chief executive officer, Pictet Wealth Management Asia. https://www.businesstimes.com.sg/companies-markets/wasting-money-spending-tokens-companies-still-search-ai-use-cases-worthwhile-roi-says-broadcoms-hock?ai-allowed=1 The Business Times en 2026-10-12T23:37:37+08:00 ‘Wasting money, spending tokens’: Companies still in search of AI use cases with worthwhile ROI, says Broadcom’s Hock Tan https://cassette.sphdigital.com.sg/image/businesstimes/6332c7798cb6102901487c7b323b737c225a5ae74b9a551432f694e36e2d8fe5 Broadcom CEO Hock Tan (left) and Intel CEO Lip-Bu Tan (right) in a panel discussion moderated by DBS’ CEO Tan Su Shan. Broadcom CEO Hock Tan (left) and Intel CEO Lip-Bu Tan (right) in a panel discussion moderated by DBS’ CEO Tan Su Shan. https://www.businesstimes.com.sg/international/asean/prabowo-orders-tougher-action-indonesia-fires-foreign-offers-help-tackle-haze-not-discussed?ai-allowed=1 The Business Times en 2026-10-12T23:06:59+08:00 Prabowo orders tougher action on Indonesia fires; foreign offers to help tackle haze not discussed https://cassette.sphdigital.com.sg/image/businesstimes/195f58e49ef9b437b7388e5373250f3db33fd3d7cee7c4db944f55e6fa17d3fb The fires in Indonesia have disrupted flights, forced schools to close and raised health concerns. The fires in Indonesia have disrupted flights, forced schools to close and raised health concerns. https://www.businesstimes.com.sg/companies-markets/hsbc-moves-wall-street-bonus-model-cuts-fixed-pay-deals The Business Times en 2026-10-12T22:26:44+08:00 HSBC moves to Wall Street bonus model, cuts fixed-pay deals https://cassette.sphdigital.com.sg/image/businesstimes/d85dd49311dbf52f3d5dc49cfb07bdd4888ba91ada4587fd9f192b0539a0fb37 Wall Street bankers have typically received the bulk of their pay through bonuses tied to performance. Wall Street bankers have typically received the bulk of their pay through bonuses tied to performance. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-steady-open-oil-jumps-ahead-key-earnings The Business Times en 2026-10-12T22:02:59+08:00 US stocks: Wall Street steady at open as oil jumps ahead of key earnings https://cassette.sphdigital.com.sg/image/businesstimes/4bcf88001211a53ab8cf4907277f5e65e37b1b49299e9fae2a6be47e144dd30c The Dow Jones Industrial Average rose 92 points, or 0.18 per cent, at the open to 51,746.95. The Dow Jones Industrial Average rose 92 points, or 0.18 per cent, at the open to 51,746.95. https://www.businesstimes.com.sg/international/iran-war-has-no-easy-way-out-ex-us-defence-chief-austin-says The Business Times en 2026-10-12T21:33:33+08:00 Iran war has ‘no easy way out,’ ex-US Defence chief Austin says https://cassette.sphdigital.com.sg/image/businesstimes/c26c7b4301ad7419ba0099c84df066dcdcfc7bbc8b474acf917fe07200a633ab Former US Defense Secretary Lloyd Austin declined to say whether President Trump’s war was a strategic mistake, saying history would be the judge. Former US Defense Secretary Lloyd Austin declined to say whether President Trump’s war was a strategic mistake, saying history would be the judge. https://www.businesstimes.com.sg/companies-markets/bringing-asean-together-single-market-pm-wong?ai-allowed=1 The Business Times en 2026-10-12T21:25:05+08:00 ‘Bringing Asean together as a single market’: PM Wong https://cassette.sphdigital.com.sg/image/businesstimes/b5d57a40efa2377b24d47f8c424c64f217ad9ae998e41cab34faafa0b9c3fd59 Prime Minister Lawrence Wong participates in a dialogue moderated by DBS Bank CEO Tan Su Shan during the DBS Asia Future Forward Conference at Suntec Convention and Exhibition Centre on Oct 12, 2026. DBS CEO Tan Su Shan (left) and Prime Minister Lawrence Wong at the DBS Asia Future Forward Conference. https://www.businesstimes.com.sg/companies-markets/energy-commodities/saudi-arabia-eyes-raising-its-pipeline-oil-export-capacity-10-million-bpd-energy-minister The Business Times en 2026-10-12T20:54:45+08:00 Saudi Arabia eyes raising its pipeline oil export capacity to 10 million bpd: energy minister https://cassette.sphdigital.com.sg/image/businesstimes/c646f2e134dc9463dde4dfcb630246701fb2d2d9c491c04a67e9bf5a960452f2 The minister said he had told Saudi Aramco it could use the pipeline for oil transport until May, after which it would need to be cleaned and returned to gas service. The minister said he had told Saudi Aramco it could use the pipeline for oil transport until May, after which it would need to be cleaned and returned to gas service. https://www.businesstimes.com.sg/international/byd-plans-hiring-spree-bolster-european-workforce-40000 The Business Times en 2026-10-12T20:30:44+08:00 BYD plans hiring spree to bolster European workforce to 40,000 https://cassette.sphdigital.com.sg/image/businesstimes/957ec606c03ecf50c7478542c3649f92a743525cb94516d93c44a26e19f8c187 Stella Li, executive vice-president of BYD, speaking at a press conference during the 2026 Paris Auto Show in Paris on Monday. Stella Li, executive vice-president of BYD, speaking at a press conference during the 2026 Paris Auto Show in Paris on Monday. https://www.businesstimes.com.sg/international/greenback-firm-near-18-month-highs-gulf-unrest-us-inflation-keep-investors-edge?ai-allowed=1 The Business Times en 2026-10-12T20:15:33+08:00 Greenback firm near 18-month highs, as Gulf unrest, US inflation keep investors on edge https://cassette.sphdigital.com.sg/image/businesstimes/01c9ed433da5fa128f291e5a6a535d3b9d5be472f381babdb1fafabc1d9f62f3 The Indian rupee climbed 1.1% to 95.7 against the dollar, after the central bank moved to alleviate pressure on the currency. The Indian rupee climbed 1.1% to 95.7 against the dollar, after the central bank moved to alleviate pressure on the currency. https://www.businesstimes.com.sg/companies-markets/genting-shares-tumble-most-1998-rights-issue-plan The Business Times en 2026-10-12T19:58:51+08:00 Genting shares tumble most since 1998 on rights issue plan https://cassette.sphdigital.com.sg/image/businesstimes/c32c3f026237477553ededf8a014e977bfd1843f6362e4a9b9e3b1e4d7bd347e Fitch Ratings downgraded Genting to BBB- in September. Fitch Ratings downgraded Genting to BBB- in September. https://www.businesstimes.com.sg/international/asean/india-inflation-jumps-5-54-september-strengthening-case-further-rate-hikes The Business Times en 2026-10-12T19:16:10+08:00 India inflation jumps to 5.54% in September, strengthening case for further rate hikes https://cassette.sphdigital.com.sg/image/businesstimes/39f1c232eb8243826bc8b8fadd7c11ec15827e1409350f7c29130a12d24b8248 September was the fourth consecutive month retail inflation has remained above the Reserve Bank of India’s 4 per cent medium-term target. September was the fourth consecutive month retail inflation has remained above the Reserve Bank of India’s 4 per cent medium-term target. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-121?ai-allowed=1 The Business Times en 2026-10-12T18:35:00+08:00 Daily Debrief: What Happened Today (Oct 12) https://cassette.sphdigital.com.sg/image/businesstimes/930de98d0cdd789ac93a2e709a9c9588a409378c56c774fc4ce41b49f15d9c2c MAS tightened monetary policy in April for the first time since October 2022, and did so again in July. MAS tightened monetary policy in April for the first time since October 2022, and did so again in July. https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-banks-rebound-after-sell-sti-0-3?ai-allowed=1 The Business Times en 2026-10-12T18:32:50+08:00 Singapore shares rise as banks rebound after sell-off; STI up 0.3% https://cassette.sphdigital.com.sg/image/businesstimes/359a9f1db181b6d8581dce1a9978bf8702975a4f4e8d2e938b9a752502e4c1bb Across the broader market, losers outnumbered gainers 282 to 247. Across the broader market, losers outnumbered gainers 282 to 247. https://www.businesstimes.com.sg/international/asean/ioi-properties-advances-reit-listing-backed-us1-8-billion-portfolio?ai-allowed=1 The Business Times en 2026-10-12T18:26:38+08:00 IOI Properties advances Reit listing, backed by US$1.8 billion portfolio https://cassette.sphdigital.com.sg/image/businesstimes/eb4790b0deeb174983fa1cb966cee266fada61faa09bd98f786c056410a48d77 IOIPG Malaysia Real Estate Investment Trust’s initial portfolio comprises nine properties, anchored by IOI City Mall, alongside six hotels and two office developments. IOIPG Malaysia Real Estate Investment Trust’s initial portfolio comprises nine properties, anchored by IOI City Mall, alongside six hotels and two office developments. https://www.businesstimes.com.sg/international/asean/indonesia-central-bank-has-full-autonomy-over-interest-rates-new-chief-says?ai-allowed=1 The Business Times en 2026-10-12T18:02:58+08:00 Indonesia central bank has full autonomy over interest rates, new chief says https://cassette.sphdigital.com.sg/image/businesstimes/174d66f266ca3113496c1cb1e7fbbf0d4ad0189489a3148bc28329408dedb59a Destry Damayanti took over as Bank Indonesia governor in September following the surprise resignation of her predecessor in late July. Destry Damayanti took over as Bank Indonesia governor in September following the surprise resignation of her predecessor in late July. https://www.businesstimes.com.sg/opinion-features/huge-lurking-leverage-ai-hyperscalers The Business Times en 2026-10-12T18:00:00+08:00 The huge lurking leverage of AI hyperscalers https://cassette.sphdigital.com.sg/image/businesstimes/45bf7488484e805be0e7595af502cb4bed596d52d96e3f6bd4acc249423d727d Meta has disclosed some US$347 billion in future lease obligations on projects that have not yet commenced. Meta has disclosed some US$347 billion in future lease obligations on projects that have not yet commenced. https://www.businesstimes.com.sg/international/global/us-cpi-show-overall-inflation-boosted-higher-petrol-prices The Business Times en 2026-10-12T17:32:44+08:00 US CPI to show overall inflation boosted by higher petrol prices https://cassette.sphdigital.com.sg/image/businesstimes/f670819e11c04408da5aedc0ba7e0cef7a4446166be73190cf5ccc2b54fec86e Retail petrol prices approached US$4.50 a gallon in late September, the highest in four months.  Retail petrol prices approached US$4.50 a gallon in late September, the highest in four months.  https://www.businesstimes.com.sg/singapore/economy-policy/economists-expect-mas-tighten-monetary-policy-again-october-though-some-see-room-pause?ai-allowed=1 The Business Times en 2026-10-12T17:25:37+08:00 Economists expect MAS to tighten monetary policy again in October, though some see room for a pause https://cassette.sphdigital.com.sg/image/businesstimes/930de98d0cdd789ac93a2e709a9c9588a409378c56c774fc4ce41b49f15d9c2c The Monetary Authority of Singapore’s logo is displayed at the MAS Building. MAS is widely expected to tighten monetary policy again on Oct 14, though some economists say it could hold instead. MAS tightened monetary policy in April for the first time since October 2022, and did so again in July. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/asia-pacific-medical-trend-rate-expected-edge-downwards-2027-not-singapore-aon?ai-allowed=1 The Business Times en 2026-10-12T17:22:08+08:00 Asia-Pacific medical trend rate expected to edge downwards in 2027 – but not in Singapore: Aon https://cassette.sphdigital.com.sg/image/businesstimes/846e198fad74df097c1d90985fcb27b60378256a823421d5ff9ddce11ef8f43c Hospitalisation, clinics and laboratories remain the costliest elements of the cost of medical plans. Hospitalisation, clinics and laboratories remain the costliest elements of the cost of medical plans. https://www.businesstimes.com.sg/property/san-francisco-isnt-giving-turning-more-its-offices-homes The Business Times en 2026-10-12T17:11:38+08:00 San Francisco isn’t giving up on turning more of its offices into homes https://cassette.sphdigital.com.sg/image/businesstimes/ea1ddf861912323a9d57198e59379955579aa548bd502f3db3a866c0f379f208 Old cubicles in the 150 Hayes Street building that is being converted into housing in San Francisco. Old cubicles in the 150 Hayes Street building that is being converted into housing in San Francisco. https://www.businesstimes.com.sg/companies-markets/banking-finance/biggest-rupee-defence-decade-draws-line-under-97-us-dollar The Business Times en 2026-10-12T16:59:16+08:00 Biggest rupee defence in a decade draws line under 97 per US dollar https://cassette.sphdigital.com.sg/image/businesstimes/afa96efec2a895cea2f55f57684af32f0ab9518319471b165fda5ab484ccda21 For the first time, the RBI introduced a foreign-exchange risk reserve, requiring lenders to hold with the central bank the rupee equivalent of 20% of the notional value of each derivative transaction above US$2 million.  For the first time, the RBI introduced a foreign-exchange risk reserve, requiring lenders to hold with the central bank the rupee equivalent of 20% of the notional value of each derivative transaction above US$2 million.  https://www.businesstimes.com.sg/international/imf-says-ai-investment-keeps-global-growth-around-3-brings-massive-disruption The Business Times en 2026-10-12T16:46:17+08:00 IMF says AI investment keeps global growth around 3% but brings massive disruption https://cassette.sphdigital.com.sg/image/businesstimes/544cf40ffa0fd6ccfd1cc1708f0909ef1c22c048d9c4464fb6219e37b1542828 The IMF’s Kristalina Georgieva, speaking about AI, said: “It is a transformative technology. It so completely changes how we work, how we live.” The IMF’s Kristalina Georgieva, speaking about AI, said: “It is a transformative technology. It so completely changes how we work, how we live.” https://www.businesstimes.com.sg/property/frasers-hospitality-selective-about-expanding-luxury-serviced-living-brand?ai-allowed=1 The Business Times en 2026-10-12T16:38:55+08:00 Frasers Hospitality selective about expanding luxury serviced-living brand https://cassette.sphdigital.com.sg/image/businesstimes/b25801bd531f2638b7ef369d7edad7dc71c5335160e8188907f3ada6823c6dd7 Rendering of an apartment in Fraser Suites Reserve Bangkok. The Reserve brand targets affluent travellers seeking greater privacy, personalisation and well-being. Rendering of an apartment in Fraser Suites Reserve Bangkok. The Reserve brand targets affluent travellers seeking greater privacy, personalisation and well-being. https://www.businesstimes.com.sg/companies-markets/sgx-woos-european-traders-new-futures-window?ai-allowed=1 The Business Times en 2026-10-12T16:30:50+08:00 SGX woos European traders with new futures window https://cassette.sphdigital.com.sg/image/businesstimes/359a9f1db181b6d8581dce1a9978bf8702975a4f4e8d2e938b9a752502e4c1bb SGX launched government bond futures for India, Indonesia, Thailand, Malaysia and the Philippines earlier in 2026, alongside 20-year Japanese futures. SGX launched government bond futures for India, Indonesia, Thailand, Malaysia and the Philippines earlier in 2026, alongside 20-year Japanese futures. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-lower-oil-prices-bank-strength-ahead-earnings The Business Times en 2026-10-12T16:12:30+08:00 European shares rise on lower oil prices, bank strength ahead of earnings https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 index gained 0.43 per cent to 634.25 points by 0709 GMT on Monday.  The Stoxx 600 index gained 0.43 per cent to 634.25 points by 0709 GMT on Monday.  https://www.businesstimes.com.sg/international/eu-deal-hastens-need-byd-chery-build-chinese-cars-europe?ai-allowed=1 The Business Times en 2026-10-12T15:56:54+08:00 EU deal hastens need for BYD, Chery to build Chinese cars in Europe https://cassette.sphdigital.com.sg/image/businesstimes/0511a3ea8b181da178b1d7af4b87332f7c08a109763022d83b58c5d836864217 Some companies have a head start on production in Europe, with BYD planning to start output at its new plant in Hungary in 2026. Some companies have a head start on production in Europe, with BYD planning to start output at its new plant in Hungary in 2026. https://www.businesstimes.com.sg/esg/rare-super-el-nino-year-shaping-be-worst-record The Business Times en 2026-10-12T15:54:26+08:00 Rare ‘super’ El Nino this year shaping up to be the worst on record https://cassette.sphdigital.com.sg/image/businesstimes/96c4220efaffbc789614ab635fc3d8ab1b553766e2b735eb41b2f7af13c112f0 The Alegria lagoon affected by prolonged dry conditions, in Alegria, El Salvador, Aug 26, 2026. A state of national emergency was declared on Oct 7, due to the effects of El Nino. The Alegria lagoon affected by prolonged dry conditions, in Alegria, El Salvador, Aug 26, 2026. A state of national emergency was declared on Oct 7, due to the effects of El Nino. https://www.businesstimes.com.sg/singapore/unhealthy-air-quality-singapore-enough-trigger-haze-pollution-law-nea-monitoring-situation?ai-allowed=1 The Business Times en 2026-10-12T15:40:33+08:00 Unhealthy air quality in Singapore enough to trigger haze pollution law; NEA is monitoring situation https://cassette.sphdigital.com.sg/image/businesstimes/a381db8ceb27eb03c3c76b0f1cc817766219b7ccec974821f850b4e6cb536839 The haze episode on Sep 4 breached the threshold for Singapore’s anti-haze law to be enacted, when the PSI crept into the “unhealthy” range for at least 24 hours. The haze episode on Sep 4 breached the threshold for Singapore’s anti-haze law to be enacted, when the PSI crept into the “unhealthy” range for at least 24 hours. https://www.businesstimes.com.sg/opinion-features/line-between-public-servants-and-private-property?ai-allowed=1 The Business Times en 2026-10-12T15:34:46+08:00 The line between public servants and private property https://cassette.sphdigital.com.sg/image/businesstimes/ecca3d5f3f5f3d24d0bbcf7c64f254e95bd23be7a6b7880de5772bffb04c121e Buying a private home is a long-term investment based on confidence in Singapore’s future. Buying a private home is a long-term investment based on confidence in Singapore’s future. https://www.businesstimes.com.sg/singapore/mas-introduces-enhanced-safeguards-around-public-events-financial-institutions?ai-allowed=1 The Business Times en 2026-10-12T15:12:06+08:00 MAS introduces enhanced safeguards around public events by financial institutions https://cassette.sphdigital.com.sg/image/businesstimes/974826e877d4ef4001a6ee22a8b6efd5760b8d2c374f60ad3b50617df291e3f3 MAS says representatives from financial institutions must inform consumers at the outset that they intend to market financial products or services. MAS says representatives from financial institutions must inform consumers at the outset that they intend to market financial products or services. https://www.businesstimes.com.sg/opinion-features/economic-shock-s-almost-too-hot-handle The Business Times en 2026-10-12T15:00:00+08:00 The economic shock that’s almost too hot to handle https://cassette.sphdigital.com.sg/image/businesstimes/02a78100ef2e18a50d8aea9afff9e4b113cbdd345c439f16fb0c288c85e251ca El Nino disrupts markets for commodities such as rice, contributes to water shortages and slows traffic in the Panama Canal, forcing up shipping costs. El Nino disrupts markets for commodities such as rice, contributes to water shortages and slows traffic in the Panama Canal, forcing up shipping costs. https://www.businesstimes.com.sg/esg/singapores-low-carbon-electricity-2035-target-aspirational-ema?ai-allowed=1 The Business Times en 2026-10-12T14:59:42+08:00 Singapore’s low-carbon electricity 2035 target is ‘aspirational’: EMA https://cassette.sphdigital.com.sg/image/businesstimes/b0737ff832f0aed2d6cd92706e12f8f949094f9db946fd9ac266d4910ada6a8a Beyond electricity imports, Singapore is also pursuing other low-carbon energy sources including solar, biomethane and ammonia. Beyond electricity imports, Singapore is also pursuing other low-carbon energy sources including solar, biomethane and ammonia. https://www.businesstimes.com.sg/lifestyle/not-even-tom-cruise-could-save-digger The Business Times en 2026-10-12T14:41:02+08:00 Not even Tom Cruise could save ‘Digger’ https://cassette.sphdigital.com.sg/image/businesstimes/bc33c440042846d5150a41941a094d660e6c219f14963117296f61cf3826c201 Tom Cruise will keep putting his body on the line to entertain audiences. After “Digger”, he may not be as willing to do the same with his career. Tom Cruise will keep putting his body on the line to entertain audiences. After “Digger”, he may not be as willing to do the same with his career. https://www.businesstimes.com.sg/singapore/sit-sets-lifelong-learning-school-combines-assessment-training-and-research?ai-allowed=1 The Business Times en 2026-10-12T14:20:52+08:00 SIT sets up lifelong learning school that combines assessment, training and research https://cassette.sphdigital.com.sg/image/businesstimes/dd636cde195c5f496a7365187c147c9b679d1554cd1ca0bc421bcb10804c4bd2 A rendering of a seminar room in the upcoming SITLearn hub, which is expected to be ready in the first half of 2027. A rendering of a seminar room in the upcoming SITLearn hub, which is expected to be ready in the first half of 2027. https://www.businesstimes.com.sg/wealth/crypto-alternative-assets/apac-institutional-investors-call-greater-regulatory-clarity-digital-assets-report?ai-allowed=1 The Business Times en 2026-10-12T14:19:45+08:00 Apac institutional investors call for greater regulatory clarity on digital assets: report https://cassette.sphdigital.com.sg/image/businesstimes/c1547619429eccb3cfaddb59c1c2da56f8064671f82a1188f6beb8deb75e9fca Tokenised asset settlement was identified as a leading use case among institutional investors in State Street’s survey in October. Tokenised asset settlement was identified as a leading use case among institutional investors in State Street’s survey in October. https://www.businesstimes.com.sg/international/asean/airasia-talks-malaysian-government-over-potential-funding-support-sources The Business Times en 2026-10-12T14:11:37+08:00 AirAsia in talks with Malaysian government over potential funding support: sources https://cassette.sphdigital.com.sg/image/businesstimes/b40984d52a6c5c79673f32859687daf67677c7e266fb37ae4c3583baa39ab1e1 The airline has been hit by soaring jet fuel costs that surged 66% in Q2 from the prior quarter to an average of US$183 a barrel, stemming from the US-Israeli war on Iran. The airline has been hit by soaring jet fuel costs that surged 66% in Q2 from the prior quarter to an average of US$183 a barrel, stemming from the US-Israeli war on Iran. https://www.businesstimes.com.sg/startups-tech/technology/bains-bridge-data-centres-seeks-upsize-loan-us6-6-billion The Business Times en 2026-10-12T14:03:48+08:00 Bain’s Bridge Data Centres seeks to upsize loan to US$6.6 billion https://cassette.sphdigital.com.sg/image/businesstimes/0c9cbc51e9029dcd611e2604d8a5c4232c497a80b3a4e33d0bea7ee5cdeb7448 A Bridge Data Centres campus under construction in Johor. This builds on a previous effort to increase the loan size to at least US$5 billion from US$2.8 billion. A Bridge Data Centres campus under construction in Johor. This builds on a previous effort to increase the loan size to at least US$5 billion from US$2.8 billion. https://www.businesstimes.com.sg/international/asean/1mdb-reaches-settlement-deutsche-bank-us1-1-billion-lawsuit The Business Times en 2026-10-12T13:49:31+08:00 1MDB reaches settlement with Deutsche Bank in US$1.1 billion lawsuit https://cassette.sphdigital.com.sg/image/businesstimes/4acc9dffd3f9e56eb22dc2bf58a1b6c2eb835c2f48b8740e8c202eace9a5038e Malaysia still faces RM51.4 billion (US$12.6 billion) in financial obligations tied to the scandal, while recovery efforts have brought in RM31.3 billion. Malaysia still faces RM51.4 billion (US$12.6 billion) in financial obligations tied to the scandal, while recovery efforts have brought in RM31.3 billion. https://www.businesstimes.com.sg/international/asean/no-chicken-feed-how-malayan-flour-mills-built-empire-flour-fowl?ai-allowed=1 The Business Times en 2026-10-12T13:25:32+08:00 No chicken feed: How Malayan Flour Mills built an empire from flour to fowl https://cassette.sphdigital.com.sg/image/businesstimes/56abbd67fc9062efc05d77b80930460bf6422f8f384cc2ef2414316f8b5d74ba Malayan Flour Mills executive deputy chairman and managing director Teh Wee Chye constantly pursues diversification, recognising that even defensive food businesses remain vulnerable to global events. Malayan Flour Mills executive deputy chairman and managing director Teh Wee Chye constantly pursues diversification, recognising that even defensive food businesses remain vulnerable to global events. https://www.businesstimes.com.sg/singapore/singapore-workers-embrace-ai-faster-global-peers-fewer-feel-secure-their-jobs-pwc-survey?ai-allowed=1 The Business Times en 2026-10-12T12:58:22+08:00 Singapore workers embrace AI faster than global peers, but fewer feel secure in their jobs: PwC survey https://cassette.sphdigital.com.sg/image/businesstimes/59a5d334447135204323c85b3e4e72f66df6ba2e371004dbe97c5d00e8544b97 Only 69% of Singapore workers surveyed by PwC are confident about their job security over the next 12 months, down from 84% in 2024. Only 69% of Singapore workers surveyed by PwC are confident about their job security over the next 12 months, down from 84% in 2024. https://www.businesstimes.com.sg/international/malaysia-suspends-sale-chery-omoda-5-after-viral-incident-singapore-cars-not-affected?ai-allowed=1 The Business Times en 2026-10-12T12:43:48+08:00 Malaysia suspends sale of Chery Omoda 5 after viral incident; Singapore cars not affected  https://cassette.sphdigital.com.sg/image/businesstimes/db8bada045346552a86f29103e08fa1908c19da0aaf3206e6170c6ff800d9383 The Omoda 5, a sport utility vehicle, has had its second recall in two years, both in relation to rear axle issues. The Omoda 5, a sport utility vehicle, has had its second recall in two years, both in relation to rear axle issues. https://www.businesstimes.com.sg/companies-markets/ai-can-become-superior-humans-certain-aspects-tiktoks-chew-shou-zi?ai-allowed=1 The Business Times en 2026-10-12T12:30:07+08:00 AI can become superior to humans in certain aspects: TikTok’s Chew Shou Zi https://cassette.sphdigital.com.sg/image/businesstimes/4806bbd9a53dc3b36a7ad07695163c5738d6fc3daa44cceb9e73f324848d1d21 TikTok CEO Chew Shou Zi says the world is only at the beginning of what AI can do, with humans yet to understand its impact on their lives. TikTok CEO Chew Shou Zi says the world is only at the beginning of what AI can do, with humans yet to understand its impact on their lives. https://www.businesstimes.com.sg/opinion-features/whats-special-about-negotiating-agreements-mining-critical-minerals The Business Times en 2026-10-12T12:14:36+08:00 What’s special about negotiating agreements for mining critical minerals? https://cassette.sphdigital.com.sg/image/businesstimes/da32cfc055aaa5d677fe82f4b9436867a9027d49666fdb33fdbe151521ca427a Mining, and especially processing, of many critical minerals are concentrated in China. Mining, and especially processing, of many critical minerals are concentrated in China. https://www.businesstimes.com.sg/property/tycoon-says-taiwans-tech-boom-filling-his-luxury-hotels The Business Times en 2026-10-12T12:09:32+08:00 Tycoon says Taiwan’s tech boom is filling up his luxury hotels https://cassette.sphdigital.com.sg/image/businesstimes/6e19df02556b68e4322950cb041eacf0f8b6d746a71c088f154b7cad0861e551 Pan, who leads Formosa International Hotels, says the firm’s room revenue rose 10% year to date its luxury retail business’ sales jumped 20% due to the AI boom. Pan, who leads Formosa International Hotels, says the firm’s room revenue rose 10% year to date its luxury retail business’ sales jumped 20% due to the AI boom. https://www.businesstimes.com.sg/companies-markets/citi-drops-target-price-laopu-gold-hk400-consumer-spending-faces-pressure?ai-allowed=1 The Business Times en 2026-10-12T11:06:23+08:00 Citi drops target price on Laopu Gold to HK$400 as consumer spending faces pressure https://cassette.sphdigital.com.sg/image/businesstimes/d2c772e68fcc380dcd651170a8169aa3776044b3fcd9e7806aeda3dd3ba3f8d5 Laopu Gold’s revenue is estimated to increase 9% qoq in Q3 to 3.6 billion yuan (US$537.9 million), but net profit is expected to decline 12% to 589 million yuan. Laopu Gold’s revenue is estimated to increase 9% qoq in Q3 to 3.6 billion yuan (US$537.9 million), but net profit is expected to decline 12% to 589 million yuan. https://www.businesstimes.com.sg/international/asean/senais-second-act-js-sez-reshapes-johors-factory-town-singapores-industrial-ally?ai-allowed=1 The Business Times en 2026-10-12T11:00:00+08:00 Senai’s second act: JS-SEZ reshapes Johor’s factory town as Singapore’s industrial ally https://cassette.sphdigital.com.sg/image/businesstimes/77af02a2e89c3c0de29baa76f7957b8272c0d0e31e4646f38b620423ab686149 A view of Senai in Johor, Malaysia. Cross-border investments are turning the town from a low-cost assembly node into a high-value manufacturing and logistics hub. Senai has evolved from a low-cost assembly node into a high-value manufacturing and logistics hub. https://www.businesstimes.com.sg/companies-markets/sheng-siong-shares-fall-2-1-after-maybank-downgrade-target-price-cut?ai-allowed=1 The Business Times en 2026-10-12T10:59:40+08:00 Sheng Siong shares fall 2.1% after Maybank downgrade, target price cut https://cassette.sphdigital.com.sg/image/businesstimes/ce668e89a58f01438550b75469a8f33f72f5ef6ec42218f99c6162ab05328ebd Maybank has lowered its forecast for new Sheng Siong stores in 2028 from five to four. Maybank has lowered its forecast for new Sheng Siong stores in 2028 from five to four. https://www.businesstimes.com.sg/startups-tech/technology/market-has-spoken-dbs-ceo-tan-su-shan-says-market-repricing-ai-financing-risks The Business Times en 2026-10-12T10:54:50+08:00 ‘The market has spoken’: DBS CEO Tan Su Shan says market is repricing AI financing risks https://cassette.sphdigital.com.sg/image/businesstimes/5cf69ebba716e2a20177b12c207509fbc3318f498c158223747911ed6d143aa9 Tan, who leads South-east Asia’s largest bank, said risk repricing is “healthy” as the market wants to make sure that big financial commitments are sustainable.  Tan, who leads South-east Asia’s largest bank, said risk repricing is “healthy” as the market wants to make sure that big financial commitments are sustainable.  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-stocks-fall-while-asian-shares-stay-cautious-earnings-loom-oil-slips The Business Times en 2026-10-12T10:31:32+08:00 South Korea stocks fall while Asian shares stay cautious as earnings loom, oil slips https://cassette.sphdigital.com.sg/image/businesstimes/32283a4837955de9cf54eb6e343644fbdf8d435e89ccd0172352078459eff758 South Korean stocks fell 1.1%, while MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed. South Korean stocks fell 1.1%, while MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed. https://www.businesstimes.com.sg/international/moonshot-execs-talks-settle-dispute-shareholder-ahead-planned-ipo-people-say The Business Times en 2026-10-12T09:53:42+08:00 Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say https://cassette.sphdigital.com.sg/image/businesstimes/0f94c434a6c8f5b589370c8cf3131becd1deb71593b687e863c317a4169d10c4 A dispute that has been going on since 2024 could raise governance, ownership and disclosure issues for prospective investors of the Alibaba-backed firm. A dispute that has been going on since 2024 could raise governance, ownership and disclosure issues for prospective investors of the Alibaba-backed firm. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-gains-weaker-oil-greenback-us-inflation-data-focus The Business Times en 2026-10-12T09:38:01+08:00 Gold gains on weaker oil, greenback; US inflation data in focus https://cassette.sphdigital.com.sg/image/businesstimes/f77b338dbb6bb680b21d534901e239cfcfd63fef7f06560be242d42005252874 A muted US dollar made greenback-priced bullion more affordable for buyers holding other currencies.  A muted US dollar made greenback-priced bullion more affordable for buyers holding other currencies.  https://www.businesstimes.com.sg/companies-markets/sgx-securities-trading-value-27-september-derivatives-volume-rebounds?ai-allowed=1 The Business Times en 2026-10-12T09:03:54+08:00 SGX securities trading value up 27% in September as derivatives volume rebounds https://cassette.sphdigital.com.sg/image/businesstimes/57d1354a6efb5999691a23fc8389611c88c0c1ae0795b0a99b6c11c606981e36 The total securities market turnover is up 27% year on year, reaching S$42.2 billion across 22 trading days in September. The total securities market turnover is up 27% year on year, reaching S$42.2 billion across 22 trading days in September. https://www.businesstimes.com.sg/international/us-reverses-course-request-ai-developers-not-share-models-uk-testing-telegraph The Business Times en 2026-10-12T08:48:31+08:00 US reverses course on request that AI developers not share models for UK testing: Telegraph https://cassette.sphdigital.com.sg/image/businesstimes/2d2961461360aab438d9297e8e3f78e3fc85bee451a05b94e1d87b3b95a0a948 The US reversed a decision that requested developers not share new AI models with Britain’s AI Security Institute before release, the Telegraph said on Oct 11. The US reversed a decision that requested developers not share new AI models with Britain’s AI Security Institute before release, the Telegraph said on Oct 11. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-sgx-ums-integration?ai-allowed=1 The Business Times en 2026-10-12T08:47:06+08:00 Stocks to watch: SGX, UMS Integration https://cassette.sphdigital.com.sg/image/businesstimes/a12682dfab73a56d88989b5d1e2fb03b3081cb0abd73aaa9f4372fa4f741b49d UMS Integration’s 52.9 million new shares will begin trading on Monday. UMS Integration’s 52.9 million new shares will begin trading on Monday. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-falls-trump-claims-russia-ukraine-agree-energy-ceasefire The Business Times en 2026-10-12T07:04:41+08:00 Oil falls as Trump claims Russia-Ukraine agree to ‘energy ceasefire’ https://cassette.sphdigital.com.sg/image/businesstimes/116c9abe4d121304d19ff3923847839ab00d1ae28bf929e7d853a2fdafea0bc4 Brent crude futures fell US$1.54, or 1.47 per cent, to US$103.18 a barrel by 0154 GMT. Brent crude futures fell US$1.54, or 1.47 per cent, to US$103.18 a barrel by 0154 GMT. https://www.businesstimes.com.sg/opinion-features/can-imf-adapt-world-transformed-debt-and-ai The Business Times en 2026-10-12T07:00:00+08:00 Can the IMF adapt to a world transformed by debt and AI? https://cassette.sphdigital.com.sg/image/businesstimes/35b0b772b97367d1678b38f2fe45ef9e94f2eb9b57081e17688ba5bc2a9512b4 IMF managing director Kristalina Georgieva says the eventual dividend from AI remains uncertain, but it could widen inequality within and between countries. IMF managing director Kristalina Georgieva says the eventual dividend from AI remains uncertain, but it could widen inequality within and between countries. https://www.businesstimes.com.sg/companies-markets/more-family-offices-are-turning-asia-pacific-private-credit-lighthouse-canton?ai-allowed=1 The Business Times en 2026-10-12T07:00:00+08:00 More family offices are turning to Asia-Pacific private credit: Lighthouse Canton https://cassette.sphdigital.com.sg/image/businesstimes/f11ad3a090fef8b3339c09629392e556aadae9c088dd5d8e67d030d073b84311 Pedestrians in the Otemachi district in Tokyo, Japan. Japan is seen as a key Apac market where capital can be deployed for private-credit deals. https://www.businesstimes.com.sg/esg/cost-over-climate-most-asean-firms-scaling-back-decarbonisation-plans-higher-energy-prices-bite?ai-allowed=1 The Business Times en 2026-10-12T07:00:00+08:00 Cost over climate: Most Asean firms scaling back decarbonisation plans as higher energy prices bite https://cassette.sphdigital.com.sg/image/businesstimes/82032872bd0ea93ac20370bbf0e2c3ca6974c38204b8d2d7ab8411c15543216b While most businesses say higher costs are eroding their profits, the impact is more keenly felt among companies from Malaysia, Indonesia and Singapore. While most businesses say higher costs are eroding their profits, the impact is more keenly felt among companies from Malaysia, Indonesia and Singapore. https://www.businesstimes.com.sg/companies-markets/gridlock-or-growth-asean-power-grid-faces-critical-window-opportunity?ai-allowed=1 The Business Times en 2026-10-12T07:00:00+08:00 Gridlock or growth? The Asean Power Grid faces a critical window of opportunity https://cassette.sphdigital.com.sg/image/businesstimes/11ffb50c0c3495b32f53b6bf22418ed880e3f4debb6075a4fa189db2192543d6 Recent events have created a compelling business case for regional clean energy trade. Recent events have created a compelling business case for regional clean energy trade. https://www.businesstimes.com.sg/companies-markets/asean-companies-keen-ai-business-benefits-despite-its-energy-costs?ai-allowed=1 The Business Times en 2026-10-12T07:00:00+08:00 Asean companies keen on AI for business benefits, despite its energy costs https://cassette.sphdigital.com.sg/image/businesstimes/35e1e3569d513d1247590d3a1eff7f3bc4edc0eed4d67d4ecd51621551df0b71 Companies should assess not just the token prices before building an AI application, but also its carbon footprint, says one expert. Companies should assess not just the token prices before building an AI application, but also its carbon footprint, says one expert. https://www.businesstimes.com.sg/paid-press-release/from-one-cheesecake-to-four-stores-queic-by-olivia-celebrates-five-years-of-growth The Business Times en 2026-10-12T07:00:00+08:00 From One Cheesecake to Four Stores: Queic by Olivia Celebrates Five Years of Growth https://cassette.sphdigital.com.sg/image/businesstimes/6a01dcbd1ee498a7b3e237ceb2571cb348858c0bedfd5acee69fd9802e726530 Olivia’s Signature Cheesecake — the blue cheese cheesecake that became the foundation of Queic. Olivia’s Signature Cheesecake — the blue cheese cheesecake that became the foundation of Queic. https://www.businesstimes.com.sg/companies-markets/gold-looks-greenback-next-direction?ai-allowed=1 The Business Times en 2026-10-12T07:00:00+08:00 Gold looks to greenback for next direction https://cassette.sphdigital.com.sg/image/businesstimes/c55c523616410248da13af53e6b7e91d174be43cc2c999620d16a402e2ae0bcf Gold continues to find buyers at around US$4,100 an ounce, rather than extending its September sell-off. Gold continues to find buyers at around US$4,100 an ounce, rather than extending its September sell-off. https://www.businesstimes.com.sg/international/china-moves-stave-wider-eu-trade-war-hybrid-deal The Business Times en 2026-10-12T06:48:52+08:00 China moves to stave off wider EU trade war with hybrid deal https://cassette.sphdigital.com.sg/image/businesstimes/824fd2447ed3181b82e006ca79c7f952e7aab188d8df261363d2d2648f81c703 The agreement on Oct 9 buys time for further negotiations, with the two sides planning for more talks in January and March, said Trivium China. The agreement on Oct 9 buys time for further negotiations, with the two sides planning for more talks in January and March, said Trivium China. https://www.businesstimes.com.sg/international/houthi-attacks-saudi-arabia-raise-risk-wider-war The Business Times en 2026-10-12T06:37:45+08:00 Houthi attacks on Saudi Arabia raise risk of wider war https://cassette.sphdigital.com.sg/image/businesstimes/15dac5dddae196be839aad11b5df2199249d0ddb31eeac88f225e3425b25a32c A satellite image of King Khalid Airport, the day after Yemen’s Iran-backed Houthis said they attacked the airport in Riyadh, Saudi Arabia, on Oct 11.  A satellite image of King Khalid Airport, the day after Yemen’s Iran-backed Houthis said they attacked the airport in Riyadh, Saudi Arabia, on Oct 11.  https://www.businesstimes.com.sg/international/global/global-bond-sell-may-mean-fewer-rate-hikes-central-banks The Business Times en 2026-10-12T06:05:05+08:00 Global bond sell-off may mean fewer rate hikes from central banks https://cassette.sphdigital.com.sg/image/businesstimes/ae75b15cc03ac57f18f8a0013461e2aa86b038d243b5c42254a90b42c0fc616b There are few signs the bond sell-off is abating as concerns over fiscal spending from the US to Japan and France push investors to demand more compensation. There are few signs the bond sell-off is abating as concerns over fiscal spending from the US to Japan and France push investors to demand more compensation. https://www.businesstimes.com.sg/companies-markets/amazon-talks-buy-us7-billion-ai-startup-decart-wsj-reports The Business Times en 2026-10-12T05:51:58+08:00 Amazon is in talks to buy US$7 billion AI startup Decart, WSJ reports https://cassette.sphdigital.com.sg/image/businesstimes/3966723f1b6f1b1a0735bed2a4c7888792bd1f84818e94306960872bb89b00fd In September, Anthropic decided against acquiring Decart AI.  In September, Anthropic decided against acquiring Decart AI.  https://www.businesstimes.com.sg/podcasts/beyond-black-box-inside-glass-box-approach-asean-investing?ai-allowed=1 The Business Times en 2026-10-12T05:00:00+08:00 Beyond the black box: Inside a glass-box approach to Asean investing https://cassette.sphdigital.com.sg/image/businesstimes/8319781f9a0a80d14080471a073de1cdaa554c2b3f3a30dfcb83934a8d278e46 why is the Asean region currently a standout opportunity for retail investors who may be used to looking only at US or European markets? why is the Asean region currently a standout opportunity for retail investors who may be used to looking only at US or European markets? https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights90?ai-allowed=1 The Business Times en 2026-10-12T02:33:04+08:00 Baltic Exchange Shipping Insights https://cassette.sphdigital.com.sg/image/businesstimes/e5bef42143cd5d9693d98ec18fc2d615cbf76dbdfa241e6d773ce7f5b7ee4f19 A roundup of the week’s tanker and dry bulk market (Oct 9, 2026). A roundup of the week’s tanker and dry bulk market (Oct 9, 2026). https://www.businesstimes.com.sg/singapore/red-bulls-verstappen-secures-first-singapore-grand-prix-win?ai-allowed=1 The Business Times en 2026-10-11T22:12:26+08:00 Red Bull’s Verstappen secures first Singapore Grand Prix win https://cassette.sphdigital.com.sg/image/businesstimes/4c13a3520d1bb9546af66056a478f37013c2546e3a23af159b69c1f718d765f2 Red Bull's Max Verstappen completes a clean sweep, with this win coming a day after the 29-year-old claimed victory in Singapore’s first 100 km sprint. Red Bull's Max Verstappen completes a clean sweep, with this win coming a day after the 29-year-old claimed victory in Singapore’s first 100 km sprint. https://www.businesstimes.com.sg/opinion-features/dbs-ocbc-uob-face-rate-hike-reality-check?ai-allowed=1 The Business Times en 2026-10-11T22:00:00+08:00 DBS, OCBC, UOB face rate hike reality check https://cassette.sphdigital.com.sg/image/businesstimes/c8dc79941df0ded4e74be07038dc3adac2c081f2c87d2fcc5480ff3a900dd999 OCBC is still the best performing constituent of the STI this year; DBS and UOB are in third and eighth place respectively. OCBC is still the best performing constituent of the STI this year; DBS and UOB are in third and eighth place respectively. https://www.businesstimes.com.sg/international/thai-bourse-revises-short-selling-high-frequency-trading-rules The Business Times en 2026-10-11T20:45:03+08:00 Thai bourse revises short-selling, high-frequency trading rules https://cassette.sphdigital.com.sg/image/businesstimes/259f737d6a30c1a15eb71a8e27c6c7e460dfea0ed51256f6948997d8e8bec290 The Stock Exchange of Thailand will allow stocks priced between five and 50 baht to trade in smaller price increments. The Stock Exchange of Thailand will allow stocks priced between five and 50 baht to trade in smaller price increments. https://www.businesstimes.com.sg/companies-markets/institutional-and-insider-accumulation-rises-buybacks-accelerate?ai-allowed=1 The Business Times en 2026-10-11T20:10:55+08:00 Institutional and insider accumulation rises as buybacks accelerate https://cassette.sphdigital.com.sg/image/businesstimes/597def38bdeec12d08dc6348016fb34adad5fef69bdcc66aed30432a9e2f10b0 Over the five sessions through Oct 8, more than 100 filings relating to directors’ interests and substantial shareholdings were made across more than 40 primary-listed stocks. Over the five sessions through Oct 8, more than 100 filings relating to directors’ interests and substantial shareholdings were made across more than 40 primary-listed stocks. https://www.businesstimes.com.sg/international/asean/thailand-plans-early-retirement-programme-reduce-civil-servants The Business Times en 2026-10-11T19:30:10+08:00 Thailand plans early retirement programme to reduce civil servants https://cassette.sphdigital.com.sg/image/businesstimes/f71d3cc4a71199c5d33a7caceed47ee5581c7e00462989c34a200b355ab06ed4 Prime Minister Anutin Charnvirakul’s administration has put greater emphasis on fiscal consolidation, with the government’s budget set to reach its 70% self-imposed ceiling. Prime Minister Anutin Charnvirakul’s administration has put greater emphasis on fiscal consolidation, with the government’s budget set to reach its 70% self-imposed ceiling. https://www.businesstimes.com.sg/international/saudi-arabia-reports-injuries-new-attack-riyadh-airport-day-after-houthi-strike-kills-13 The Business Times en 2026-10-11T19:12:04+08:00 Saudi Arabia reports injuries in new attack at Riyadh airport, day after Houthi strike kills 13 https://cassette.sphdigital.com.sg/image/businesstimes/085a4a8d5eb95ad6ec69310d22e7f9367eacc5b0f49026e799c1cb3f15618ee0 A person watches a television broadcast showing Saudi-backed Yemeni troops at a position on the Red Sea coast near the Bab al-Mandeb Strait, in Sana’a, Yemen, on Oct 10. Saudi Arabia stepped up military involvement in Yemen in recent weeks, after the Houthis seized strategic territory along the Red Sea coast in September. https://www.businesstimes.com.sg/international/trump-says-hell-decide-whether-broadcast-military-execution The Business Times en 2026-10-11T16:29:42+08:00 Trump says he’ll decide whether to broadcast military execution https://cassette.sphdigital.com.sg/image/businesstimes/882e2c972a3e2204d9e811c383ef2efdbfb98b61f30538b772b33a5d8d961dce US President Donald Trump says: “By showing (the execution), maybe other people won’t be doing what he did.” US President Donald Trump says: “By showing (the execution), maybe other people won’t be doing what he did.” https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/musk-vows-affordable-starlink-india-days-ambanis-record-jio-ipo The Business Times en 2026-10-11T16:28:52+08:00 Musk vows affordable Starlink in India days before Ambani’s record Jio IPO https://cassette.sphdigital.com.sg/image/businesstimes/1fe04b2cdccdd88ee904f83b6c0c2e56d15ab5ea1524d9f4a1e3aeee7ed063f4 Jio Platforms, which owns the low-cost Reliance Jio, is targeting a valuation of US$106 billion in the offering. Jio Platforms, which owns the low-cost Reliance Jio, is targeting a valuation of US$106 billion in the offering. https://www.businesstimes.com.sg/companies-markets/sensors-cameras-and-microphones-how-f1-teams-tap-data-ai-make-real-time-decisions-track?ai-allowed=1 The Business Times en 2026-10-11T16:00:00+08:00 Sensors, cameras and microphones: How F1 teams tap data, AI to make real-time decisions on the track https://cassette.sphdigital.com.sg/image/businesstimes/86ba18a9befafb7f7fe6e2ec7f7a82e535e83af8fb4caa443f5228f00c7d2822 The F1 teams’ communications and application partners use AI to process the data during the race. The F1 teams’ communications and application partners use AI to process the data during the race. https://www.businesstimes.com.sg/companies-markets/banking-finance/world-bank-talks-dozens-countries-about-crisis-aid-banga The Business Times en 2026-10-11T15:26:26+08:00 World Bank in talks with dozens of countries about crisis aid: Banga https://cassette.sphdigital.com.sg/image/businesstimes/765edfa1a225e89eb8247c8c899a0cc0b04312b8deb943a57a1f706fd7f501e6 World Bank president Ajay Banga says that more countries have shown interest in retooling existing projects than in tapping the immediate crisis window to address their liquidity needs. World Bank president Ajay Banga says that more countries have shown interest in retooling existing projects than in tapping the immediate crisis window to address their liquidity needs. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/mary-chia-admits-disclosure-lapses-over-cpf-arrears-four-subsidiaries-after-sgx-queries?ai-allowed=1 The Business Times en 2026-10-11T15:19:18+08:00 Mary Chia admits disclosure lapses over CPF arrears at four subsidiaries after SGX queries https://cassette.sphdigital.com.sg/image/businesstimes/8b070c62ed65ae77afefbfe7f74beda57bafbc3630fc78aeed9ad14af680969c Mary Chia Holdings has admitted that it failed to disclose CPF arrears and court proceedings involving four of its five subsidiaries. Mary Chia Holdings has admitted that it failed to disclose CPF arrears and court proceedings involving four of its five subsidiaries. https://www.businesstimes.com.sg/wealth/wealth-investing/pimco-investment-chief-sees-silver-lining-higher-bond-yields?ai-allowed=1 The Business Times en 2026-10-11T15:15:37+08:00 Pimco investment chief sees silver lining in higher bond yields https://cassette.sphdigital.com.sg/image/businesstimes/561660f652518d9e12e90dac7641914bb2c4c8eee4aabc7ab1a5ed6cc9b6f1cf Daniel Ivascyn, Pimco group chief investment officer, notes the strong correlation between the starting fixed-income yields and three to five-year returns. Daniel Ivascyn, Pimco group chief investment officer, notes the strong correlation between the starting fixed-income yields and three to five-year returns. https://www.businesstimes.com.sg/international/iran-wars-energy-shock-record-public-debt-loom-over-imf-world-bank-meetings-bangkok The Business Times en 2026-10-11T14:44:09+08:00 Iran war’s energy shock, record public debt loom over IMF-World Bank meetings in Bangkok https://cassette.sphdigital.com.sg/image/businesstimes/60f66f7473f4ce97b431ff8cd0758fa1b353d2fbbd9eaf719bd5bffd2382c7f9 The annual meetings of the International Monetary Fund and World Bank in 2026 are being held outside of Washington for the first time in three years. The annual meetings of the International Monetary Fund and World Bank in 2026 are being held outside of Washington for the first time in three years. https://www.businesstimes.com.sg/property/australia-home-auction-clearance-rate-stuck-below-50-second-week The Business Times en 2026-10-11T13:37:12+08:00 Australia home auction clearance rate stuck below 50% for second week https://cassette.sphdigital.com.sg/image/businesstimes/59b80f6d146bf6e28cdddfb1bb6dc4630d0bc5e98fbde81d948721203525a68e Home prices in Sydney, the nation’s biggest city, have fallen almost 9% from their peak in February.  Home prices in Sydney, the nation’s biggest city, have fallen almost 9% from their peak in February.  https://www.businesstimes.com.sg/international/global/nvidia-weighs-deeper-ties-open-model-developer-reflection-ai-through-investment-or-computing-deal The Business Times en 2026-10-11T12:38:53+08:00 Nvidia weighs deeper ties with open-model developer Reflection AI through investment or computing deal https://cassette.sphdigital.com.sg/image/businesstimes/98bc845e40db67bf6dd1ec1d2de81dae3c7770eced559f080e75022f9b2ce5b4 Nvidia chief executive officer Jensen Huang is a major proponent of open-weight models, such as the one developed by US startup Reflection AI. Nvidia chief executive officer Jensen Huang is a major proponent of open-weight models, such as the one developed by US startup Reflection AI. https://www.businesstimes.com.sg/opinion-features/europes-place-global-redivision-labour The Business Times en 2026-10-11T12:00:00+08:00 Europe’s place in the global redivision of labour https://cassette.sphdigital.com.sg/image/businesstimes/cc7098ffd31c1cef3e201cbf45364d89a58fb23e4b43b7713bae970b18ff4244 Rather than try to salvage industries where it no longer has a relative advantage, Europe should focus on the specialised sectors where it increasingly does. Rather than try to salvage industries where it no longer has a relative advantage, Europe should focus on the specialised sectors where it increasingly does. https://www.businesstimes.com.sg/companies-markets/nyse-listed-twilio-sets-sights-asia-pacific-ai-adoption-grows-customer-service?ai-allowed=1 The Business Times en 2026-10-11T12:00:00+08:00 NYSE-listed Twilio sets sights on Asia-Pacific as AI adoption grows in customer service https://cassette.sphdigital.com.sg/image/businesstimes/8c5a9d834e51572921b186317f3e5855b366023f5d5e1274e21e2c410c123526 Since taking the helm in 2024, CEO Khozema Shipchandler has steered Twilio to a turnaround. Since taking the helm in 2024, CEO Khozema Shipchandler has steered Twilio to a turnaround. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-koreas-once-hot-ai-stocks-struggle-buyers-doubts-grow-over-memory-chip-boom The Business Times en 2026-10-11T11:52:45+08:00 South Korea’s once-hot AI stocks struggle for buyers as doubts grow over memory-chip boom https://cassette.sphdigital.com.sg/image/businesstimes/7854aaf8293134519199df49f01753bd85390b51b5fbb1508bcc9df4311c40c7 Individual investors, a key force behind Kospi’s 100 per cent rally in the first half of 2026, remain elusive following the July rout. Individual investors, a key force behind Kospi’s 100 per cent rally in the first half of 2026, remain elusive following the July rout. https://www.businesstimes.com.sg/singapore/haze-subsidy-scheme-related-medical-conditions-starts-oct-12-eligible-sporeans-ong-ye-kung?ai-allowed=1 The Business Times en 2026-10-11T11:04:45+08:00 Haze subsidy scheme for related medical conditions starts Oct 12 for eligible S’poreans: Ong Ye Kung https://cassette.sphdigital.com.sg/image/businesstimes/b95cd8a528f7d2259aa9edc24c3f83db3598eea137fe6105d12e752f26fe12b8 Health Minister Ong Ye Kung said the government will be activating both the HSS and PHPC schemes in view of the deterioration in air quality. Health Minister Ong Ye Kung said the government will be activating both the HSS and PHPC schemes in view of the deterioration in air quality. https://www.businesstimes.com.sg/international/asean/canva-appoints-ex-bukalapak-ceo-lead-its-south-east-asia-operation?ai-allowed=1 The Business Times en 2026-10-11T11:00:00+08:00 Canva appoints ex-Bukalapak CEO to lead its South-east Asia operation https://cassette.sphdigital.com.sg/image/businesstimes/e248df9c9427986b3d554bab23ea58605bb24a33eacc9774b36fb41eda7afd00 Willix Halim has been picked as Canva’s South-east Asia lead to oversee an increasingly important region for the Australian design-focused tech firm. Willix Halim has been picked as Canva’s South-east Asia lead to oversee an increasingly important region for the Australian design-focused tech firm. https://www.businesstimes.com.sg/companies-markets/transport-logistics/inside-f1-how-reactive-dhl-acted-quickly-fit-malaysia-race-just-singapores?ai-allowed=1 The Business Times en 2026-10-11T11:00:00+08:00 Inside F1: How ‘reactive’ DHL acted quickly to fit Malaysia race just before Singapore’s https://cassette.sphdigital.com.sg/image/businesstimes/6c7bd0acbebfa035c828e12ef942c66de68d00ea4e937be79792d571d3e6fc1b To cope with unexpected changes in the F1 race calendar, DHL has had to permanently abandon its traditional model in favour of a much more agile playbook. To cope with unexpected changes in the F1 race calendar, DHL has had to permanently abandon its traditional model in favour of a much more agile playbook. https://www.businesstimes.com.sg/international/time-ukraine-get-new-president-says-trump-after-zelensky-slams-us-diesel-deal-russia The Business Times en 2026-10-11T10:23:21+08:00 ‘Time for Ukraine to get a new president’, says Trump after Zelensky slams US diesel deal with Russia https://cassette.sphdigital.com.sg/image/businesstimes/2e3614b76051f3472cd989d6fd5807e2ea167b092ad5b1a268d6cb6da3d91574 “I said to him, ‘Do what you want. Don’t hit refineries. There’s plenty of targets. Don’t hit refineries.’ And he went out and he hit,” Trump said of Zelensky. “I said to him, ‘Do what you want. Don’t hit refineries. There’s plenty of targets. Don’t hit refineries.’ And he went out and he hit,” Trump said of Zelensky. https://www.businesstimes.com.sg/lifestyle/natural-fit-f1-team-williams-ties-twices-tzuyu-anime-dandadan-reach-new-audiences?ai-allowed=1 The Business Times en 2026-10-11T10:00:00+08:00 ‘Natural’ fit: F1 team Williams ties up with Twice’s Tzuyu, anime Dandadan to reach new audiences https://cassette.sphdigital.com.sg/image/businesstimes/dcb5e69bb60c2df3518919377ec191e6698b0118dc400dff338476a3dee77c76 image of Tzuyu with executives from Sector Zero, Williams and Dandadan From left: Sayako Niimi, director, lead global partnership, Sector Zero; Luke Timmins, Williams’ merchandise and licensing director; Twice member Tzuyu; and Tassei Shimoie, manager of TV anime Dandadan. https://www.businesstimes.com.sg/companies-markets/energy-commodities/jefferies-run-fund-alleges-industrial-scale-fraud-nearly-us900-million-radiant-world-deals The Business Times en 2026-10-11T09:41:26+08:00 Jefferies-run fund alleges ‘industrial-scale’ fraud in nearly US$900 million of Radiant World deals https://cassette.sphdigital.com.sg/image/businesstimes/62ff2141d6ca5c60d855701f993030dadf4d472390327ec30da9c79e5e01681d The fund has been provided with evidence that Radiant World and Sapphire Minmetals falsified documents for at least 50 receivables. The fund has been provided with evidence that Radiant World and Sapphire Minmetals falsified documents for at least 50 receivables. https://www.businesstimes.com.sg/international/global/houthi-attack-riyadh-airport-kills-12-wounds-more-300-deadliest-saudi-strike-decade The Business Times en 2026-10-11T08:39:50+08:00 Houthi attack on Riyadh airport kills 12, wounds more than 300 in deadliest Saudi strike in a decade https://cassette.sphdigital.com.sg/image/businesstimes/2973b3016954975dafcbd43b7e7898daf43548a8c7788b699fb15fff3a471b94 A screenshot from a video online purporting to show King Khalid International Airport after the Oct 10 attack. A screenshot from a video online purporting to show King Khalid International Airport after the Oct 10 attack. https://www.businesstimes.com.sg/wealth/wealth-investing/who-will-lead-equity-markets-next-f1-lap The Business Times en 2026-10-11T07:00:00+08:00 Who will lead the equity market’s next F1 lap? https://cassette.sphdigital.com.sg/image/businesstimes/0055d2181add083fb6b9ca57ad238979129595937b24c501352f6f75fdeabfca The F1’s 4.927 km Marina Bay Street Circuit. Just as leadership on the track has shifted, equity markets have had a similar ebb and flow in sector dominance this year. The F1’s 4.927 km Marina Bay Street Circuit. Just as leadership on the track has shifted, equity markets have had a similar ebb and flow in sector dominance this year.