https://www.businesstimes.com.sg/companies-markets/tesla-lines-us30-billion-borrow-ai-robotics-investments-rise The Business Times en 2026-09-30T08:43:55+08:00 Tesla lines up US$30 billion to borrow with AI, robotics investments to rise https://cassette.sphdigital.com.sg/image/businesstimes/8a42634696a219a0b7f3b561f132c1ee2d02d278e1ac1fe725afb61794aef5e7 “We should be spending on capex as fast as we can – spend as fast as we can without it being too wasteful,” Musk said on the company’s July earnings call.  “We should be spending on capex as fast as we can – spend as fast as we can without it being too wasteful,” Musk said on the company’s July earnings call.  https://www.businesstimes.com.sg/companies-markets/banking-finance/robinhood-allow-24-hour-weekend-trading-us-stocks-industry-shifts-wider-access The Business Times en 2026-09-30T08:22:08+08:00 Robinhood to allow 24-hour weekend trading of US stocks as industry shifts to wider access https://cassette.sphdigital.com.sg/image/businesstimes/9b2814144424d82151c1125f0806b69e8ca71a5c5d5a392cfe705c526064d565 Robinhood will initially offer a curated list of stocks and exchange-traded funds for weekend trading.  Robinhood will initially offer a curated list of stocks and exchange-traded funds for weekend trading.  https://www.businesstimes.com.sg/international/once-staunchly-pro-china-malaysian-chinese-businesses-are-now-distancing-themselves-beijing?ai-allowed=1 The Business Times en 2026-09-30T08:00:00+08:00 Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing https://cassette.sphdigital.com.sg/image/businesstimes/4ed84322fa4cdd689a425e6d34695a7d7fc746f2cc409dd76cd72c0c97ec373f Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises. Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises. https://www.businesstimes.com.sg/international/no-seat-no-cards-table-europe-fears-being-loser-trump-xi-deal-making?ai-allowed=1 The Business Times en 2026-09-30T08:00:00+08:00 No seat, no cards at the table: Europe fears being the loser in Trump-Xi deal-making https://cassette.sphdigital.com.sg/image/businesstimes/2bab47924386dbc21da2fae033db1a222885fe3624535ba7e2bd820832c8b846 Chinese President Xi Jinping and US President Donald Trump at a state dinner at the White House in Washington on Sep 24. Chinese President Xi Jinping and US President Donald Trump at a state dinner at the White House in Washington on Sep 24. https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-likely-stick-plan-steady-quotas-delegates-say The Business Times en 2026-09-30T07:29:59+08:00 Opec+ likely to stick with plan for steady quotas, delegates say https://cassette.sphdigital.com.sg/image/businesstimes/69102ef2aa60e1261278dc473edab2cf429b54407891f1869bca6bd66502422d Millions of barrels of oil production remain shuttered in the Middle East due to the Iran war. Millions of barrels of oil production remain shuttered in the Middle East due to the Iran war. https://www.businesstimes.com.sg/opinion-features/why-bernie-sanders-and-steve-bannon-are-agreeing-ai?ai-allowed=1 The Business Times en 2026-09-30T07:00:00+08:00 Why Bernie Sanders and Steve Bannon are agreeing on AI https://cassette.sphdigital.com.sg/image/businesstimes/5468b78e96f6f90367e4bacb9b700f78e1def452d7ef0a441c125525087ed961 Senator Bernie Sanders at September’s Pro-Human Assembly, an event focused on AI legislation in the US. Senator Bernie Sanders at September’s Pro-Human Assembly, an event focused on AI legislation in the US. https://www.businesstimes.com.sg/opinion-features/stagflation-returning-mostly-depends-iran-war?ai-allowed=1 The Business Times en 2026-09-30T07:00:00+08:00 Is stagflation returning? That mostly depends on the Iran war https://cassette.sphdigital.com.sg/image/businesstimes/165354502cb4461a08a4032da43697b5eba78bec2ab8915027159f09bd73fee4 A drone in Teheran, Iran. The possibility of a global recession depends on how long the US-Iran war lasts, how much damage is done and how high energy prices rise. A drone in Teheran, Iran. The possibility of a global recession depends on how long the US-Iran war lasts, how much damage is done and how high energy prices rise. https://www.businesstimes.com.sg/opinion-features/meetings-are-time-consuming-might-be-good-you?ai-allowed=1 The Business Times en 2026-09-30T07:00:00+08:00 Meetings are time-consuming, but might be good for you https://cassette.sphdigital.com.sg/image/businesstimes/25cdefab819b4924852ea70fa635e079a4d7572097ec20409f2a12ef2215bd45 The study found that high-paying and high-revenue firms devoted more resources on meetings “despite facing a substantially higher opportunity cost of employee time”. The study found that high-paying and high-revenue firms devoted more resources on meetings “despite facing a substantially higher opportunity cost of employee time”. https://www.businesstimes.com.sg/international/openai-targets-us30-billion-new-funding-us1-4-trillion-value The Business Times en 2026-09-30T06:58:50+08:00 OpenAI targets US$30 billion in new funding at US$1.4 trillion value https://cassette.sphdigital.com.sg/image/businesstimes/3ddf5864f5f217eed6b442539258277e8681e5d274cc8c4ce2943ab47d95bbc0 OpenAI’s Sam Altman recently said his firm would refrain from going public in 2026 as it focuses on AI safety concerns. OpenAI’s Sam Altman recently said his firm would refrain from going public in 2026 as it focuses on AI safety concerns. https://www.businesstimes.com.sg/companies-markets/banking-finance/us-feds-williams-sees-no-urgency-next-rate-hike The Business Times en 2026-09-30T06:54:06+08:00 US Fed’s Williams sees no urgency for next rate hike https://cassette.sphdigital.com.sg/image/businesstimes/2140a03d39419c7ddc6ca43c5dbe1deeac304a2d70058354aadf5222ed363e4d John Williams said incoming data “should provide greater clarity” on how the US economy is performing. John Williams said incoming data “should provide greater clarity” on how the US economy is performing. https://www.businesstimes.com.sg/companies-markets/transport-logistics/fords-ceo-urges-caution-chinese-automakers-says-europe-too-late The Business Times en 2026-09-30T06:40:17+08:00 Ford’s CEO urges caution on Chinese automakers, says Europe is ‘too late’ https://cassette.sphdigital.com.sg/image/businesstimes/72fc945c203a7300a75b22d471badff605ef7db246475c636fc030a5ca664562 Ford Motor CEO Jim Farley said the automaker will partner with Chinese companies when the situation is capital-efficient and in areas where it lacks expertise. Ford Motor CEO Jim Farley said the automaker will partner with Chinese companies when the situation is capital-efficient and in areas where it lacks expertise. https://www.businesstimes.com.sg/international/us-30-year-treasury-yield-rises-highest-2002 The Business Times en 2026-09-30T06:37:31+08:00 US 30-year Treasury yield rises to highest since 2002 https://cassette.sphdigital.com.sg/image/businesstimes/fdb0502d963994fbeab9360f483fb386d7f2584491c9f32a28471705ab29e246 The US$32 trillion Treasuries market faces a months-long slide as investors bet central banks including the US Federal Reserve will further raise interest rates. The US$32 trillion Treasuries market faces a months-long slide as investors bet central banks including the US Federal Reserve will further raise interest rates. https://www.businesstimes.com.sg/international/trump-reaffirms-support-data-centres-after-talks-ai-executives The Business Times en 2026-09-30T06:18:30+08:00 Trump reaffirms support for data centres after talks with AI executives https://cassette.sphdigital.com.sg/image/businesstimes/a8d2662aa3dea92d87249ff211c5a05135b48b0c1599615c6dd69a93a0a370fb US President Donald Trump (centre left) speaks to the media following a meeting with tech executives on AI at the White House, Washington, DC, Sep 29, 2026. T US President Donald Trump (centre left) speaks to the media following a meeting with tech executives on AI at the White House, Washington, DC, Sep 29, 2026. T https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-rise-julius-baer-gains-end-swiss-probe The Business Times en 2026-09-30T06:13:51+08:00 European stocks rise as Julius Baer gains on end to Swiss probe https://cassette.sphdigital.com.sg/image/businesstimes/5b0cdb6ee49dd9f259da179f1fba850dc410abaca1e5e2de2b947e62c0bf67a7 Chip stocks led the advance, with ASML Holding rising 3.5%, while oil and gas firms were the biggest laggards. Chip stocks led the advance, with ASML Holding rising 3.5%, while oil and gas firms were the biggest laggards. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-equities-end-slightly-lower-bond-yields-hold-near-multi-decade-highs The Business Times en 2026-09-30T06:07:03+08:00 US equities end slightly lower as bond yields hold near multi-decade highs https://cassette.sphdigital.com.sg/image/businesstimes/9a9ee0e1e74cd2adc867a5a4cb8d07df0f33c170230a0f97add8ea0faf0a51e0 Higher yields raise the cost of capital and can make bonds an appealing alternative to equities, potentially also denting corporate earnings power. Higher yields raise the cost of capital and can make bonds an appealing alternative to equities, potentially also denting corporate earnings power. https://www.businesstimes.com.sg/paid-press-release/the-living-company-announces-adollar1bn-investment-in-australias-education-capital The Business Times en 2026-09-30T06:00:00+08:00 The Living Company announces ~A$1bn investment in Australia’s education capital https://cassette.sphdigital.com.sg/image/businesstimes/4104d0fa6654f941a03a327a5b1f26b5dd616ad095900d5367e887b1dd8dc43c Render of the State Library Exchange above State Library Station. Render of the State Library Exchange above State Library Station. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-drops-saudi-arabia-ramps-flows-through-east-west-pipeline The Business Times en 2026-09-30T05:55:53+08:00 Oil drops as Saudi Arabia ramps up flows through East-West pipeline https://cassette.sphdigital.com.sg/image/businesstimes/c2b6cd0bac43d52f62c3628c2391ed871c89f5aaa3b2e36ca6af0dde0a4d6e2e Bypassing the Strait of Hormuz, the East-West pipeline has been a crucial route providing a lifeline to global markets. Bypassing the Strait of Hormuz, the East-West pipeline has been a crucial route providing a lifeline to global markets. https://www.businesstimes.com.sg/international/us-consumer-confidence-plunges-lowest-level-2014 The Business Times en 2026-09-29T23:28:00+08:00 US consumer confidence plunges to lowest level since 2014 https://cassette.sphdigital.com.sg/image/businesstimes/084b3bdcfa9a8c932057100cd335c62c3559fdb6a84c06c92dc9d7c3a73e1650 The Conference Board’s gauge of confidence decreased 6.7 points to 81.9 after a downward revision to the prior month. The Conference Board’s gauge of confidence decreased 6.7 points to 81.9 after a downward revision to the prior month. https://www.businesstimes.com.sg/international/us-job-openings-fall-august-layoffs-remain-low The Business Times en 2026-09-29T23:15:00+08:00 US job openings fall in August; layoffs remain low https://cassette.sphdigital.com.sg/image/businesstimes/1c3861d9f08d423f753f707921ee17bc42fc1c2ada8cf18be9330dd30f5ef57c Job openings, a measure of labour demand, had dropped by 256,000 to 7.079 million by the last day of August. Job openings, a measure of labour demand, had dropped by 256,000 to 7.079 million by the last day of August. https://www.businesstimes.com.sg/companies-markets/sp-nasdaq-open-higher-oil-retreat-tech-optimism The Business Times en 2026-09-29T22:41:07+08:00 S&P, Nasdaq open higher on oil retreat, tech optimism https://cassette.sphdigital.com.sg/image/businesstimes/4d2e598597211a8e67a912da144b2e95955a241e6e7545e5ae27f471b93f9f9b The S&P 500 rose 15.9 points, or 0.21 per cent, at the open to 7,699.6​, while the Nasdaq Composite rose 84.22 points, or 0.31 per cent, at the opening bell to 26,904.60. The S&P 500 rose 15.9 points, or 0.21 per cent, at the open to 7,699.6​, while the Nasdaq Composite rose 84.22 points, or 0.31 per cent, at the opening bell to 26,904.60. https://www.businesstimes.com.sg/international/uk-pm-burnham-plans-law-change-allow-public-ownership-water-companies The Business Times en 2026-09-29T22:34:15+08:00 UK PM Burnham plans law change to allow public ownership of water companies https://cassette.sphdigital.com.sg/image/businesstimes/60dbc5bc35a409d60487ede079c3dae7658fe7f875931c3679495a8a5915e1b8 “Water is a symbol of what has gone wrong with Britain. A service where the shareholders never lose and the public never win,” says Prime Minister Andy Burnham. “Water is a symbol of what has gone wrong with Britain. A service where the shareholders never lose and the public never win,” says Prime Minister Andy Burnham. https://www.businesstimes.com.sg/singapore/crystal-jade-fine-dining-faces-charge-failing-file-income-tax-return-time?ai-allowed=1 The Business Times en 2026-09-29T21:47:47+08:00 Crystal Jade Fine Dining faces charge for failing to file income tax return on time https://cassette.sphdigital.com.sg/image/businesstimes/719e5b6f146895e9b15fd6b75f7411721dec3c18c0daaa6dbff9e74a15006ad8 In September, Crystal Jade closed its Hong Kong Kitchen outlets at The Clementi Mall, Jurong Point and Great World. The group said the closures were part of a review of its operations and outlet network.  In September, Crystal Jade closed its Hong Kong Kitchen outlets at The Clementi Mall, Jurong Point and Great World. The group said the closures were part of a review of its operations and outlet network.  https://www.businesstimes.com.sg/singapore/bus-train-fares-rise-13-cents-adults-dec-26-due-higher-energy-prices?ai-allowed=1 The Business Times en 2026-09-29T21:35:38+08:00 Bus, train fares to rise by up to 13 cents for adults from Dec 26 due to higher energy prices https://cassette.sphdigital.com.sg/image/businesstimes/dc05298caa73b09bd58664f15a7dfe2d91be0cb431245a7ac967774f8c12206d This is the highest fare increase so far, after fares rose by up to 11 cents in the 2023 fare review exercise. This is the highest fare increase so far, after fares rose by up to 11 cents in the 2023 fare review exercise. https://www.businesstimes.com.sg/property/china-unveils-rate-cut-mortgage-subsidies-spur-growth The Business Times en 2026-09-29T20:49:02+08:00 China unveils rate cut, mortgage subsidies to spur growth https://cassette.sphdigital.com.sg/image/businesstimes/5de47c518d4fa84624acb4ce240fd5730d4dab89c8e64f225bdc255acab4bef0 The PBOC will cut the rate on its pledged supplementary lending (PSL) by 25 basis points, while the rate on one-year PSL will be cut to 1.5 per cent from 1.75 per cent. The PBOC will cut the rate on its pledged supplementary lending (PSL) by 25 basis points, while the rate on one-year PSL will be cut to 1.5 per cent from 1.75 per cent. https://www.businesstimes.com.sg/companies-markets/openai-scraps-debut-ai-model-it-sets-new-guardrails The Business Times en 2026-09-29T20:15:39+08:00 OpenAI scraps debut of AI model as it sets new guardrails https://cassette.sphdigital.com.sg/image/businesstimes/9f89c8eea5c7cee191993afb9be2e68b7edd53716ee6d8ba8c43924e916201e4 The company has apologised for its AI models breaching Australian government websites and pledged to establish a new task force with local experts for the country. The company has apologised for its AI models breaching Australian government websites and pledged to establish a new task force with local experts for the country. https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-climbs-oil-us-yields-stay-high The Business Times en 2026-09-29T20:14:38+08:00 Greenback climbs as oil, US yields stay high https://cassette.sphdigital.com.sg/image/businesstimes/c2cd5677c6454abee3329b56f5addb45a09d717eecc04aad72bbc75d04b2dcd1 The US dollar’s next test is this week’s key US data, including non-farm payrolls on Friday, to see if it supports the case for further Fed rate hikes. The US dollar’s next test is this week’s key US data, including non-farm payrolls on Friday, to see if it supports the case for further Fed rate hikes. https://www.businesstimes.com.sg/companies-markets/zheneng-jinjiang-environment-proposes-take-company-private-s0-70-share-or-issue-new-shares?ai-allowed=1 The Business Times en 2026-09-29T19:35:37+08:00 Zheneng Jinjiang Environment proposes to take company private at S$0.70 a share or to issue new shares https://cassette.sphdigital.com.sg/image/businesstimes/ad91b730f61507c7291431626b48abce0e575091303a13bdeb48f276e9226b3d Zhenang Jinjiang Environmental is seeking to go private through a scheme of arrangement. Zhenang Jinjiang Environmental is seeking to go private through a scheme of arrangement. https://www.businesstimes.com.sg/companies-markets/sgx-ceo-loh-boon-chyes-fy2026-pay-rises-7-1-s8-37-million-fy2026?ai-allowed=1 The Business Times en 2026-09-29T19:32:49+08:00 SGX CEO Loh Boon Chye’s FY2026 pay rises 7.1% to S$8.37 million in FY2026 https://cassette.sphdigital.com.sg/image/businesstimes/02e2341f78e480fc5288d68fb048fb63e570af6dac2b39189b8aa23bd733185b Loh Boon Chye, who has served as SGX CEO since July 2015, received a S$3.54 million cash bonus for FY2026, up 8.4% from S$3.27 million a year earlier. Loh Boon Chye, who has served as SGX CEO since July 2015, received a S$3.54 million cash bonus for FY2026, up 8.4% from S$3.27 million a year earlier. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-sep-291?ai-allowed=1 The Business Times en 2026-09-29T18:45:00+08:00 Daily Debrief: What Happened Today (Sep 29) https://cassette.sphdigital.com.sg/image/businesstimes/4915f3c1784a201bffed6677ba5fa595d3caf8d99a1cc7e7ada2d2e06c1294be Chee Hong Tat, minister for national development and deputy chairman of MAS, says there will be a new Investment Management Track under ONE Pass. Chee Hong Tat, minister for national development and deputy chairman of MAS, says there will be a new Investment Management Track under ONE Pass. https://www.businesstimes.com.sg/paid-press-release/st-engineering-sar-21-armoured-vehicles-and-more?ai-allowed=1 The Business Times en 2026-09-29T18:10:01+08:00 ST Engineering: SAR-21, armoured vehicles and more https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-tuesday-sti-edges-0-3-lower?ai-allowed=1 The Business Times en 2026-09-29T18:01:21+08:00 Singapore stocks fall on Tuesday, STI edges 0.3% lower https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5 The Singapore blue chip index has mirrored regional indices to close lower on Tuesday. The Singapore blue chip index has mirrored regional indices to close lower on Tuesday. https://www.businesstimes.com.sg/lifestyle/arts-design/agatha-christie-murder-and-mystery-singapore-writers-festival-2026?ai-allowed=1 The Business Times en 2026-09-29T18:00:00+08:00 Agatha Christie, murder and mystery at Singapore Writers Festival 2026 https://cassette.sphdigital.com.sg/image/businesstimes/dc757b1e02870d57bddd40af750daa687772ce191bbb3843a9d3688c2849b419 SWF mystery writers include (from left) Silvia Moreno-Garcia, Ovidia Yu, Shuang Xuetao and Seo Mi-ae, whose work spans gothic horror, historical mysteries, literary crime and psychological suspense. SWF mystery writers include (from left) Silvia Moreno-Garcia, Ovidia Yu, Shuang Xuetao and Seo Mi-ae, whose work spans gothic horror, historical mysteries, literary crime and psychological suspense. https://www.businesstimes.com.sg/property/east-coast-road-serangoon-north-view-private-housing-sites-launched-sale?ai-allowed=1 The Business Times en 2026-09-29T17:53:17+08:00 East Coast Road, Serangoon North View private-housing sites launched for sale https://cassette.sphdigital.com.sg/image/businesstimes/2d69c22afafe4aecb1d300f5077e7760d6cfc28a22deb86b877bfea75767b34f The government on Tuesday (Sep 29) released two new private residential sites for sale. The government on Tuesday (Sep 29) released two new private residential sites for sale. https://www.businesstimes.com.sg/companies-markets/gxs-wants-more-secured-loans-targets-second-hand-car-market?ai-allowed=1 The Business Times en 2026-09-29T17:45:46+08:00 GXS wants more secured loans, targets second-hand car market https://cassette.sphdigital.com.sg/image/businesstimes/74ea857b3739a7227bb8252efe66e9ba0421e1ce97544cd6a97064374cc00552 Jenn Ong, group head of retail at GXS, says car loans is one of the more accessible segments for the bank to enter. Jenn Ong, group head of retail at GXS, says car loans is one of the more accessible segments for the bank to enter. https://www.businesstimes.com.sg/wealth/wealth-investing/does-diversification-still-work-market-concentration-raises-challenges?ai-allowed=1 The Business Times en 2026-09-29T17:40:07+08:00 Does diversification still work? Market concentration raises challenges https://cassette.sphdigital.com.sg/image/businesstimes/a7ab88f150a2634de7171b63086877f82fb9ed72730c651210edc764ab84f11a Investors should review their holdings to ensure their exposures are intentional and prudently sized. Investors should review their holdings to ensure their exposures are intentional and prudently sized. https://www.businesstimes.com.sg/international/airbus-freighter-takes-first-flight-challenge-boeings-777 The Business Times en 2026-09-29T17:37:04+08:00 Airbus freighter takes first flight to challenge Boeing’s 777 https://cassette.sphdigital.com.sg/image/businesstimes/77e2d53e6e8f15166c8852fd00b1b504c148852b1c341ec9ca114bef37e63d5a Painted in a cardboard beige to resemble a package, the aircraft took off from Airbus’s Toulouse facility in southern France. Painted in a cardboard beige to resemble a package, the aircraft took off from Airbus’s Toulouse facility in southern France. https://www.businesstimes.com.sg/companies-markets/number-listed-companies-outdated-metric-singapore-markets-success-sgx-chairman?ai-allowed=1 The Business Times en 2026-09-29T17:26:04+08:00 Number of listed companies an ‘outdated metric’ of Singapore market’s success: SGX chairman https://cassette.sphdigital.com.sg/image/businesstimes/6f3e2e44f9148615a9cb83766ab0c24707ec72f4c02284475298b39743db49ae SGX is also exploring prediction markets as it expands its role as an exchange and is assessing how new markets can meet customers’ needs. SGX is also exploring prediction markets as it expands its role as an exchange and is assessing how new markets can meet customers’ needs. https://www.businesstimes.com.sg/opinion-features/one-side-just-overplayed-its-hand-iran The Business Times en 2026-09-29T16:58:43+08:00 One side just overplayed its hand in Iran https://cassette.sphdigital.com.sg/image/businesstimes/c7413290c7ed7a6884a9db455df714b2d8fb1b53bd47e2207973e338ee51a126 It is clear that US President Donald Trump does consider the midterms, or he would not keep saying he may go back to bombing Iran once they are over. It is clear that US President Donald Trump does consider the midterms, or he would not keep saying he may go back to bombing Iran once they are over. https://www.businesstimes.com.sg/international/asean/south-east-asia-offers-opportunities-squeezed-singapore-firms-says-head-sme-body?ai-allowed=1 The Business Times en 2026-09-29T16:47:31+08:00 South-east Asia offers opportunities for squeezed Singapore firms, says head of SME body https://cassette.sphdigital.com.sg/image/businesstimes/4e479804019645283671308eae52dd1b3c871ee1292b01299e1390886b55015a Association of Small and Medium Enterprises president Ang Yuit speaks at an event by professional services firm CLA Southeast Asia. The SME body president highlighted the newly set-up Johor-Singapore Special Economic Zone as a location that “may actually provide a more integrated operating model” for Singapore-based companies. Asme president Ang Yuit says the JS-SEZ “may actually provide a more integrated operating model” for Singapore-based companies. https://www.businesstimes.com.sg/esg/travellers-are-reckoning-ultimate-disrupter-climate-change The Business Times en 2026-09-29T16:32:14+08:00 Travellers are reckoning with the ultimate disrupter: climate change https://cassette.sphdigital.com.sg/image/businesstimes/1cca881a6afd3823c0a9161373eaa1d7acbef3f16e2d52dc50ed5b0fe316be19 A woman looks at the sunrise as she paddleboards on the Mediterranean Sea in Barcelona, Spain. Once dismissed as occasional inconveniences, climate-related disruptions now leave holidays increasingly unpredictable and dangerous. Once dismissed as occasional inconveniences, climate-related disruptions now leave holidays increasingly unpredictable and dangerous. https://www.businesstimes.com.sg/companies-markets/transport-logistics/toyota-car-sales-fall-seventh-straight-month-china-slump The Business Times en 2026-09-29T16:22:53+08:00 Toyota car sales fall for seventh straight month on China slump https://cassette.sphdigital.com.sg/image/businesstimes/357af46fb985b75ca5a4ac717125201a22f76ac5a123af6d14e44d2363c79c15 Toyota and Lexus brand sales cratered 23 per cent in the world’s biggest auto market in August on weak demand for gasoline and hybrid vehicles. Toyota and Lexus brand sales cratered 23 per cent in the world’s biggest auto market in August on weak demand for gasoline and hybrid vehicles. https://www.businesstimes.com.sg/wealth/wealth-investing/competition-heats-your-capital-active-judgment-helps-discern-risks-and-rewards The Business Times en 2026-09-29T16:09:05+08:00 As competition heats up for your capital, active judgment helps discern risks and rewards https://cassette.sphdigital.com.sg/image/businesstimes/32fd80254332029504a8fd10f2999c2ccac665d705c060caea0172d61dd1f15c AI can create earnings and productivity gains that help selected businesses withstand higher yields. AI can create earnings and productivity gains that help selected businesses withstand higher yields. https://www.businesstimes.com.sg/companies-markets/uob-found-grossly-negligent-over-stamford-land-rights-issue-advice-pay-s1-9-million?ai-allowed=1 The Business Times en 2026-09-29T15:59:24+08:00 UOB found ‘grossly negligent’ over Stamford Land rights issue advice, to pay S$1.9 million https://cassette.sphdigital.com.sg/image/businesstimes/ceb840c9f3165d7deac745b6fe12897dc871d609894a43c16fdde91353783f50 The judge finds that UOB interpreted a mainboard rule incorrectly. The judge finds that UOB interpreted a mainboard rule incorrectly. https://www.businesstimes.com.sg/companies-markets/banking-finance/india-central-banks-fx-blitz-drains-nearly-us20-billion-surplus-liquidity The Business Times en 2026-09-29T15:43:01+08:00 India central bank's FX blitz drains nearly US$20 billion from surplus liquidity https://cassette.sphdigital.com.sg/image/businesstimes/44a2c223b96e068ac57226318805af86682a687340b0997121386612b8c2d562 The RBI used a combination of dollar-rupee sell-buy swaps, spot dollar sales, bond sales and variable-rate reverse repos to drain excess liquidity. The RBI used a combination of dollar-rupee sell-buy swaps, spot dollar sales, bond sales and variable-rate reverse repos to drain excess liquidity. https://www.businesstimes.com.sg/companies-markets/banking-finance/vietcombank-considering-maiden-public-offshore-bond-issue-sources The Business Times en 2026-09-29T15:23:02+08:00 Vietcombank considering maiden public offshore bond issue: sources https://cassette.sphdigital.com.sg/image/businesstimes/0d3386a7b7296e427c3e978540970e0bb9b51799f71fe42d5cdaa0213451654c Vietcombank, Vietnam’s largest lender, has publicly urged the government to issue offshore sovereign bonds to meet domestic funding needs. Vietcombank, Vietnam’s largest lender, has publicly urged the government to issue offshore sovereign bonds to meet domestic funding needs. https://www.businesstimes.com.sg/wealth/wealth-investing/strategic-case-precious-metals The Business Times en 2026-09-29T14:55:23+08:00 Strategic case for precious metals https://cassette.sphdigital.com.sg/image/businesstimes/f9580518e10820b36d930332a9e731a9cb7acd36f6681d43e942c53629ad040d Silver may complement gold exposure, but investors should not assume that the two metals offer the same defensive characteristics. Silver may complement gold exposure, but investors should not assume that the two metals offer the same defensive characteristics. https://www.businesstimes.com.sg/wealth/wealth-investing/how-geography-wealth-changing?ai-allowed=1 The Business Times en 2026-09-29T14:51:21+08:00 How the geography of wealth is changing https://cassette.sphdigital.com.sg/image/businesstimes/c8e16f41eee4f77c82c59b1c756e724d60cd6a4cd35409847e0dd6901923a33c Singapore is Asia’s most diversified offshore wealth centre, supported by the continued expansion of its wealth-management ecosystem. Singapore is Asia’s most diversified offshore wealth centre, supported by the continued expansion of its wealth-management ecosystem. https://www.businesstimes.com.sg/companies-markets/energy-commodities/saudi-arabia-resumes-yanbu-oil-exports-after-drone-hit-east-west-pipeline-restarts The Business Times en 2026-09-29T14:46:38+08:00 Saudi Arabia resumes Yanbu oil exports after drone-hit East-West pipeline restarts https://cassette.sphdigital.com.sg/image/businesstimes/d62169f0d3eeb10b952a2d340655df5f035c019f1f9bfe60f10640f5d07ffbdf Drone attacks, which Saudi Arabia blamed on Iraqi militias, forced the kingdom to shut the East-West pipeline on Sep 11. Drone attacks, which Saudi Arabia blamed on Iraqi militias, forced the kingdom to shut the East-West pipeline on Sep 11. https://www.businesstimes.com.sg/international/uk-probes-foreign-state-involvement-suspected-fairford-airbase-plot-releases-suspects The Business Times en 2026-09-29T14:21:23+08:00 UK probes foreign state involvement in suspected Fairford airbase plot, releases suspects https://cassette.sphdigital.com.sg/image/businesstimes/8e2595384c135f6048296fd3ab8c345efbef751f7c586457282dd03dfdfd94b2 US Secretary of State Marco Rubio said there was a foreign actor involved in the Fairford base incident, without providing evidence or specifying details. US Secretary of State Marco Rubio said there was a foreign actor involved in the Fairford base incident, without providing evidence or specifying details. https://www.businesstimes.com.sg/international/asean/gic-backed-bank-jago-sees-wealth-management-next-growth-engine-indonesian-investor-base-grows?ai-allowed=1 The Business Times en 2026-09-29T14:20:41+08:00 GIC-backed Bank Jago sees wealth management as next growth engine as Indonesian investor base grows https://cassette.sphdigital.com.sg/image/businesstimes/f59e6a2bbc97775ac2e7028fb5121137444de9a7107fa133fe07e8a78c3c1b4a Nicholas Tan, Bank Jago’s retail banking director, says the lender wants to retain customers by providing broader financial services and increasing engagement. Nicholas Tan, Bank Jago’s retail banking director, says the lender wants to retain customers by providing broader financial services and increasing engagement. https://www.businesstimes.com.sg/property/uk-first-time-buyer-scheme-lifts-housebuilders-success-hinges-design The Business Times en 2026-09-29T14:06:01+08:00 UK first-time buyer scheme lifts housebuilders, but success hinges on design https://cassette.sphdigital.com.sg/image/businesstimes/d93039f05358b38d3e729a3a3a0e982b7c12c9de8a46bbf9f227ae82b9fd0508 The “Your First Home” programme is designed for first-time buyers who can afford mortgage payments but have struggled to save deposits amid high rents and broader cost-of-living pressures. The “Your First Home” programme is designed for first-time buyers who can afford mortgage payments but have struggled to save deposits amid high rents and broader cost-of-living pressures. https://www.businesstimes.com.sg/companies-markets/google-challenges-eu-orders-open-ai-search-engine-rivals The Business Times en 2026-09-29T13:49:51+08:00 Google challenges EU orders to open up to AI, search engine rivals https://cassette.sphdigital.com.sg/image/businesstimes/7220ef7565b3e9c4e54e236f67f6b0213bb3bfb95a0d877a8d394304b8fb8c26 The challenges escalate a clash between Google and EU regulators over the scope of the Digital Markets Act, which is aimed at reining in Big Tech. The challenges escalate a clash between Google and EU regulators over the scope of the Digital Markets Act, which is aimed at reining in Big Tech. https://www.businesstimes.com.sg/working-life/ai-may-force-11-million-workers-us-new-jobs-mckinsey-says The Business Times en 2026-09-29T13:24:59+08:00 AI may force 11 million workers in the US into new jobs, McKinsey says https://cassette.sphdigital.com.sg/image/businesstimes/904c18798f2bc5433657278c6d17420b7fd26c5be955f1eb862333cacb04f992 Job transitions will be tough for many, with six out of seven workers facing substantial retraining and loss of income, according to McKinsey’s analysis.  Job transitions will be tough for many, with six out of seven workers facing substantial retraining and loss of income, according to McKinsey’s analysis.  https://www.businesstimes.com.sg/companies-markets/banking-finance/australias-central-bank-lifts-rates-15-year-high-signals-risk-further-hikes The Business Times en 2026-09-29T12:59:19+08:00 Australia’s central bank lifts rates to 15-year high, signals risk of further hikes https://cassette.sphdigital.com.sg/image/businesstimes/1be9dc015d449f4f0fdea89425bfdbea35ffa5dce31d2d37feaf478899027f5d The RBA’s 100 bps of tightening this year has more than reversed the 75 bps of policy easing from 2025. The RBA’s 100 bps of tightening this year has more than reversed the 75 bps of policy easing from 2025. https://www.businesstimes.com.sg/international/china-set-boost-economy-stabilise-housing-market-slowdown-threatens-growth-target The Business Times en 2026-09-29T12:53:25+08:00 China set to boost economy, stabilise housing market as slowdown threatens growth target https://cassette.sphdigital.com.sg/image/businesstimes/2db3917b440a16b67b2e99d6ee6a667a514743adc38033b2137d5c577c6405e5 Policymakers will also study fresh measures to stabilise the property market, promote employment and boost household income. Policymakers will also study fresh measures to stabilise the property market, promote employment and boost household income. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openai-apologises-australian-government-website-hack-pledges-rebuild-trust The Business Times en 2026-09-29T12:28:22+08:00 OpenAI apologises for Australian government website hack, pledges to rebuild trust https://cassette.sphdigital.com.sg/image/businesstimes/59f8b4badb1812dc3abca0aa611702a9014b7e2348a37912ad2af2f97c1815bb The Australian government has announced a rapid review into the breach, examining potential notification and reporting obligations of AI companies. The Australian government has announced a rapid review into the breach, examining potential notification and reporting obligations of AI companies. https://www.businesstimes.com.sg/international/asean/thailand-expects-clear-bangkok-floodwater-two-three-days-government The Business Times en 2026-09-29T12:12:34+08:00 Thailand expects to clear Bangkok floodwater in two to three days: government https://cassette.sphdigital.com.sg/image/businesstimes/ab14bfc06080e997a599efa7da184981b47c6b196f84021e1dd514fff981b928 Bangkok received nearly a month’s worth of rain in a single weekend, flooding roads and homes across the Thai capital. Bangkok received nearly a month’s worth of rain in a single weekend, flooding roads and homes across the Thai capital. https://www.businesstimes.com.sg/companies-markets/fire-protection-specialist-deluge-corp-files-preliminary-prospectus-mainboard-ipo?ai-allowed=1 The Business Times en 2026-09-29T12:02:15+08:00 Fire protection specialist Deluge Corp files preliminary prospectus for mainboard IPO https://cassette.sphdigital.com.sg/image/businesstimes/2d230d6e9f800ab67f5dcfe307065be902f21d338d4317b3a8d2b0ac47cfe4d0 Deluge chairman Vincent Cheo (left) and CEO Lee Wai Wah. The company’s projects span sectors such as transport, healthcare, aviation and data centres. Deluge chairman Vincent Cheo (left) and CEO Lee Wai Wah. The company’s projects span sectors such as transport, healthcare, aviation and data centres. https://www.businesstimes.com.sg/international/global/national-holidays-approaching-chinese-workers-demand-proper-break The Business Times en 2026-09-29T11:36:15+08:00 With national holidays approaching, Chinese workers demand a proper break https://cassette.sphdigital.com.sg/image/businesstimes/3b4e5a54096a1a35dc5cce84e1c805625199535601299f0100fb952736de28d8 Workers using their consumer buying power as leverage for better protection of labour rights pose a new challenge to Beijing. Workers using their consumer buying power as leverage for better protection of labour rights pose a new challenge to Beijing. https://www.businesstimes.com.sg/opinion-features/s-e-asia-has-room-manoeuvre-us-china-critical-minerals-race The Business Times en 2026-09-29T11:34:10+08:00 S-E Asia has room to manoeuvre in the US-China critical minerals race https://cassette.sphdigital.com.sg/image/businesstimes/42f92805c8ae7542acbcf9dc22bcccbc9ce146c74153ae267aeba2b0719e4593 Rare-earth magnets at a manufacturing facility. South-east Asia can use the competition over such elements to diversify partnerships and move up the value chain. Rare-earth magnets at a manufacturing facility. South-east Asia can use the competition over such elements to diversify partnerships and move up the value chain. https://www.businesstimes.com.sg/international/japan-veers-rice-shortage-glut-dealing-blow-farmers The Business Times en 2026-09-29T11:19:15+08:00 Japan veers from rice shortage to glut, dealing blow to farmers https://cassette.sphdigital.com.sg/image/businesstimes/00bbde510532c98f76193918d96db9b2cafb072b4df57fd98dc7a5820a999011 Rice prices may keep falling in 2027, given the extent of the oversupply, says Kunio Nishikawa, a professor at Nihon University who researches agricultural policy. Rice prices may keep falling in 2027, given the extent of the oversupply, says Kunio Nishikawa, a professor at Nihon University who researches agricultural policy. https://www.businesstimes.com.sg/companies-markets/hk-listed-engineering-firm-metasurface-files-dual-primary-listing-catalist?ai-allowed=1 The Business Times en 2026-09-29T11:14:22+08:00 HK-listed engineering firm Metasurface files for dual primary listing on Catalist https://cassette.sphdigital.com.sg/image/businesstimes/73159e30a273b917df5bf85635f06d33cbda9fef79642aac34e5c9fe9edf6801 Singapore-based Metasurface Technologies specialises in precision machining and precision welding for the industrial sector. Singapore-based Metasurface Technologies specialises in precision machining and precision welding for the industrial sector. https://www.businesstimes.com.sg/companies-markets/mas-allocates-s1-45-billion-five-asset-managers-third-eqdp-batch-chee-hong-tat?ai-allowed=1 The Business Times en 2026-09-29T11:07:07+08:00 MAS allocates S$1.45 billion to five asset managers in third EQDP batch: Chee Hong Tat https://cassette.sphdigital.com.sg/image/businesstimes/4915f3c1784a201bffed6677ba5fa595d3caf8d99a1cc7e7ada2d2e06c1294be Chee Hong Tat, minister for national development and deputy chairman of MAS, says there will be a new Investment Management Track under ONE Pass. Chee Hong Tat, minister for national development and deputy chairman of MAS, says there will be a new Investment Management Track under ONE Pass. https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/shares-fast-fashions-shein-plunge-14-record-low-after-profit-slides-67 The Business Times en 2026-09-29T10:24:47+08:00 Shares of fast-fashion’s Shein plunge 14% to record low after profit slides 67% https://cassette.sphdigital.com.sg/image/businesstimes/bcfb2af8d92ee93b5755d9f47bda323e8df43649fa82a49d4e1cbec71d19659a The share plunge left Shein with a market value of about US$17 billion as of the midday break on Tuesday. The share plunge left Shein with a market value of about US$17 billion as of the midday break on Tuesday. https://www.businesstimes.com.sg/international/ai-faces-us6-trillion-test-justify-data-centres-report The Business Times en 2026-09-29T10:09:48+08:00 AI faces US$6 trillion test to justify data centres: report https://cassette.sphdigital.com.sg/image/businesstimes/fb540963ad5c3b1d90c1c9a3cd01ca5096234ab3723225ba769c52331b37283b Existing consumer and enterprise AI services may generate up to US$1.8 trillion of that sum, leaving US$4.2 trillion in new revenue that needs to be created. Existing consumer and enterprise AI services may generate up to US$1.8 trillion of that sum, leaving US$4.2 trillion in new revenue that needs to be created. https://www.businesstimes.com.sg/international/tata-stocks-slip-after-trusts-propose-move-prevent-holding-company-listing The Business Times en 2026-09-29T09:52:44+08:00 Tata stocks slip after Trusts propose move to prevent holding company listing https://cassette.sphdigital.com.sg/image/businesstimes/05f42dd7351d78f30a2abbbf0a49c3a16fa6eb78972b0a68e3473bdb5847dac6  Tata Trusts is hoping that by adding the operating units, it will stay clear of RBI’s regulations requiring Tata Sons to list.  Tata Trusts is hoping that by adding the operating units, it will stay clear of RBI’s regulations requiring Tata Sons to list. https://www.businesstimes.com.sg/international/global/catastrophic-or-existential-risks-humanity-anthropic-warns-ai-dangers-ipo-filing The Business Times en 2026-09-29T09:46:34+08:00 ‘Catastrophic or existential risks to humanity’: Anthropic warns of AI dangers in IPO filing https://cassette.sphdigital.com.sg/image/businesstimes/f4871c4d252bdebcaf6a3003908182b7689fe8f3e00ee2179fcd542f77ce1be5 Anthropic CEO Dario Amodei (second from left) recently published a nearly 4,000-word essay calling for pacing the frontier. Anthropic CEO Dario Amodei (second from left) recently published a nearly 4,000-word essay calling for pacing the frontier. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-trades-near-seven-week-low-rate-hike-pressure-mounts The Business Times en 2026-09-29T09:44:20+08:00 Gold trades near seven-week low as rate hike pressure mounts https://cassette.sphdigital.com.sg/image/businesstimes/6e4cd678ea39779f539686af1bd365b6c06ecbcb9b1a5deb9dfe3ae6312b759b A rise in Treasury yields across maturities undermines the case for holding non-yielding assets like bullion. A rise in Treasury yields across maturities undermines the case for holding non-yielding assets like bullion. https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-sets-biggest-ever-buyback-plan-ai-chip-competition-weighs-stock-performance The Business Times en 2026-09-29T09:24:44+08:00 Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance https://cassette.sphdigital.com.sg/image/businesstimes/8fc88a5d07f2c0e555d2954b7564461a9fe14e729e198361bc19340a911f3301 Nvidia ended the July quarter with US$22.44 billion in cash and cash equivalents. It last announced a US$80 billion share buyback in May. Nvidia ended the July quarter with US$22.44 billion in cash and cash equivalents. It last announced a US$80 billion share buyback in May. https://www.businesstimes.com.sg/international/uk-shop-inflation-slows-retailers-extend-promotions-brc-says The Business Times en 2026-09-29T09:24:31+08:00 UK shop inflation slows as retailers extend promotions, BRC says https://cassette.sphdigital.com.sg/image/businesstimes/06b3139464a7210dd881091f692c96b5fbd1be737f02ea3ee96f9c3b79cd2547 Prices in UK shops rose 1.4 per cent over the last year, down from a rate of 1.5 per cent in August. Prices in UK shops rose 1.4 per cent over the last year, down from a rate of 1.5 per cent in August. https://www.businesstimes.com.sg/companies-markets/openai-shelves-release-new-ai-model-can-evade-human-oversight-amid-safety-concerns The Business Times en 2026-09-29T09:23:26+08:00 OpenAI shelves release of new AI model that can evade human oversight amid safety concerns https://cassette.sphdigital.com.sg/image/businesstimes/91c737f4873acbf89176e84495eb702823d3b455db9831717820b2dfe3e3bdfb Designed to handle more complex tasks without human assistance, GPT-6.1 Astra was expected to be integrated into ChatGPT and Codex. Designed to handle more complex tasks without human assistance, GPT-6.1 Astra was expected to be integrated into ChatGPT and Codex. https://www.businesstimes.com.sg/international/global/chinas-bad-consumer-debt-cleanup-falters-spooking-investors The Business Times en 2026-09-29T09:09:01+08:00 China’s bad consumer debt cleanup falters, spooking investors https://cassette.sphdigital.com.sg/image/businesstimes/639a70cbfc4fa9c7027a664d487afd12d59c363a33a63aa8fbcc7aeab2ee8749 China’s banks have been offloading bundles of defaulted consumer loans on the cheap to companies that specialise in managing troubled assets.  China’s banks have been offloading bundles of defaulted consumer loans on the cheap to companies that specialise in managing troubled assets.  https://www.businesstimes.com.sg/companies-markets/global-markets-extend-trading-hours-south-korea-tests-case-asia?ai-allowed=1 The Business Times en 2026-09-29T09:00:00+08:00 As global markets extend trading hours, South Korea tests the case in Asia https://cassette.sphdigital.com.sg/image/businesstimes/32283a4837955de9cf54eb6e343644fbdf8d435e89ccd0172352078459eff758 The next few months should provide a clearer picture of whether South Korea’s longer trading day is expanding its market or simply redistributing existing activity. The next few months should provide a clearer picture of whether South Korea’s longer trading day is expanding its market or simply redistributing existing activity. https://www.businesstimes.com.sg/companies-markets/samsung-invest-us1-billion-kkrs-ai-infrastructure-company The Business Times en 2026-09-29T08:50:16+08:00 Samsung to invest US$1 billion in KKR’s AI infrastructure company https://cassette.sphdigital.com.sg/image/businesstimes/3dc7b2d5e1002efb628568ade1f8f7f89510a73de08ab3bd9045fd208db12ad9 This gives Samsung a stake in a company spanning several businesses where it already has significant operations. This gives Samsung a stake in a company spanning several businesses where it already has significant operations. https://www.businesstimes.com.sg/international/global/surging-revenue-widening-losses-and-sweeping-ai-vision-inside-anthropics-ipo-prospectus The Business Times en 2026-09-29T08:45:52+08:00 Surging revenue, widening losses and a sweeping AI vision: Inside Anthropic’s IPO prospectus https://cassette.sphdigital.com.sg/image/businesstimes/3da69eea81348654f08c272e1bf0da597caa3f42ed5a1b473b508d903b354569 Anthropic’s public market debut is likely to be pushed to after the November US midterm elections. Anthropic’s public market debut is likely to be pushed to after the November US midterm elections. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stock-watch-mapletree-industrial-trust?ai-allowed=1 The Business Times en 2026-09-29T08:38:07+08:00 Stock to watch: Mapletree Industrial Trust https://cassette.sphdigital.com.sg/image/businesstimes/f267f87a3866604702ae2c3dfce7ba523a70cbd536136d70293eec788aec3b75 Mapletree Industrial Trust is set to sell a data centre property in the US for about US$9.8 million in cash. Mapletree Industrial Trust is set to sell a data centre property in the US for about US$9.8 million in cash. https://www.businesstimes.com.sg/property/sydney-data-centre-plan-scrapped-developer-after-community-backlash The Business Times en 2026-09-29T08:35:31+08:00 Sydney data centre plan scrapped by developer after community backlash https://cassette.sphdigital.com.sg/image/businesstimes/acceddefd7e1ead7c75002709000f59887eadb697a65721ae38720ffa2fd016b A protest sign is displayed outside a home in the suburb of Lane Cove, Sydney, Australia, Aug 25, 2026. A protest sign is displayed outside a home in the suburb of Lane Cove, Sydney, Australia, Aug 25, 2026. https://www.businesstimes.com.sg/companies-markets/reits-property/mapletree-industrial-trust-sell-minnesota-data-centre-property-us9-8-million?ai-allowed=1 The Business Times en 2026-09-29T07:54:36+08:00 Mapletree Industrial Trust to sell Minnesota data centre property for US$9.8 million https://cassette.sphdigital.com.sg/image/businesstimes/147a542f3a07ee10dfb69a55495dc18b2d01dc96bae8da7bef56f5ec0da6c9c1 The single-storey facility’s lease agreement included an option for the tenant to purchase the property, says MIT’s manager. The single-storey facility’s lease agreement included an option for the tenant to purchase the property, says MIT’s manager. https://www.businesstimes.com.sg/international/trumps-ai-meeting-tech-ceos-focus-finding-balance-us-house-speaker-says The Business Times en 2026-09-29T07:26:44+08:00 Trump’s AI meeting with tech CEOs to focus on finding balance, US House speaker says https://cassette.sphdigital.com.sg/image/businesstimes/53ebb8ef302fa1f179552b5aebbf7ba3c8fafc0df0712e11e80dd0f8eff22838 President Trump has downplayed concerns over the misuse of artificial intelligence harming people. President Trump has downplayed concerns over the misuse of artificial intelligence harming people. https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-crowded-car-industry-moves-towards-consolidation The Business Times en 2026-09-29T07:15:00+08:00 China’s crowded car industry moves towards consolidation https://cassette.sphdigital.com.sg/image/businesstimes/405a90661c2dcb992c4dbd32ce445af6d3167e7477965fea7552d05d3216e5c4 A battery pack on an assembly line at Geely Automobile’s Zeekr factory in Ningbo, China. The country’s domestic car market has been shrinking since 2017 amid a depression in Chinese consumer spending. China’s domestic car market has been shrinking since 2017 amid a depression in Chinese consumer spending. https://www.businesstimes.com.sg/companies-markets/banking-finance/us-fed-watchdog-flags-apparent-data-breaches-retiring-staff-member The Business Times en 2026-09-29T07:07:19+08:00 US Fed watchdog flags apparent data breaches by retiring staff member https://cassette.sphdigital.com.sg/image/businesstimes/208a9beec0f7ca80ec91361d36730f290d8de3806e998a55564817df95eb4c23 The Fed’s Inspector General said it became aware of the issues around the retiring employee in July 2025.  The Fed’s Inspector General said it became aware of the issues around the retiring employee in July 2025.  https://www.businesstimes.com.sg/opinion-features/india-opportunity-singapore-should-not-underestimate The Business Times en 2026-09-29T07:00:00+08:00 The India opportunity Singapore should not underestimate https://cassette.sphdigital.com.sg/image/businesstimes/dc969826a1fdf582b18594aee8dcfd61b5d4904032268a14540b8903ba9b0c52 International Tech Park Bangalore Within 18 months of opening, International Tech Park Bangalore, generated more than 2,500 skilled jobs and secured commitments for 75% office space. https://www.businesstimes.com.sg/international/global/how-many-will-survive-bubble-fears-arise-chinas-humanoid-robotics-face-reality-check?ai-allowed=1 The Business Times en 2026-09-29T07:00:00+08:00 ‘How many will survive?’: Bubble fears arise as China’s humanoid robotics face reality check https://cassette.sphdigital.com.sg/image/businesstimes/289e9ec373a72c76b517a0269da5ed35f5b4b2ef544ac4409b765c6c4f5c95c7 Robots for various purposes from caregiving to making coffee on display at the Shanghai Humanoid Robot Innovation Incubator. Robots for various purposes from caregiving to making coffee on display at the Shanghai Humanoid Robot Innovation Incubator. https://www.businesstimes.com.sg/international/china-broadens-travel-curbs-encompass-family-top-ai-talent The Business Times en 2026-09-29T06:46:21+08:00 China broadens travel curbs to encompass family of top AI talent https://cassette.sphdigital.com.sg/image/businesstimes/3fe2c286057068fb512553cc9b43974f91d5cdf2f9874092175ce38a07a9f485 Daxing Airport in Beijing (pictured). China has restricted foreign travel for top AI professionals in private firms since earlier in 2026, to safeguard its technology. Daxing Airport in Beijing (pictured). China has restricted foreign travel for top AI professionals in private firms since earlier in 2026, to safeguard its technology. https://www.businesstimes.com.sg/companies-markets/transport-logistics/us-faa-delays-boeing-737-max-10-certification-shares-dive-7 The Business Times en 2026-09-29T06:41:21+08:00 US FAA delays Boeing 737 MAX 10 certification, shares dive 7% https://cassette.sphdigital.com.sg/image/businesstimes/de624374da40f5ed0d4693993c54f953c7bbaedc022806aec0ea3865d4dd5591 Boeing shares closed down 6.9 per cent over concerns about further delays to the MAX 10. Boeing shares closed down 6.9 per cent over concerns about further delays to the MAX 10. https://www.businesstimes.com.sg/international/nvidia-rival-amd-buy-industry-pioneers-ai-startup-world-labs-us8-2-billion The Business Times en 2026-09-29T06:26:50+08:00 Nvidia rival AMD to buy industry pioneer’s AI startup World Labs for US$8.2 billion https://cassette.sphdigital.com.sg/image/businesstimes/df2afa5acf70d0cd80930247a6c04658a4aeb07ec2f987233462d828f84f7e3d The all-stock transaction to buy World Labs, which develops AI software that runs applications in the physical world, is expected to close by end-2026. The all-stock transaction to buy World Labs, which develops AI software that runs applications in the physical world, is expected to close by end-2026. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-muted-oil-and-bond-pressures-offset-uk-homebuilder-rally The Business Times en 2026-09-29T06:13:02+08:00 European shares muted as oil and bond pressures offset UK homebuilder rally https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77 The Stoxx 600 closed flat at 638.68 on Monday. The Stoxx 600 closed flat at 638.68 on Monday. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-fall-higher-oil-prices-treasury-yields-weigh The Business Times en 2026-09-29T06:07:09+08:00 US stocks fall as higher oil prices, Treasury yields weigh https://cassette.sphdigital.com.sg/image/businesstimes/eb1f45d0502894a8d09e4b67885eff2de06ab00e24ff24afc13f6d1acc68c4d1 Crude prices had jumped after US President Donald Trump rejected a peace deal from Iran. Crude prices had jumped after US President Donald Trump rejected a peace deal from Iran. https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-rise-second-session-continued-middle-east-supply-concern The Business Times en 2026-09-29T06:01:48+08:00 Oil prices rise for second session on continued Middle East supply concern https://cassette.sphdigital.com.sg/image/businesstimes/4f4a5024bb2dbdcc0bebb212bb6f0c67401a9eec17d1efe6ccca29c7b1ad4eed The US is considering regulatory relief to allow broader sales of red-dyed diesel to help lower prices, people familiar with discussions told Reuters. The US is considering regulatory relief to allow broader sales of red-dyed diesel to help lower prices, people familiar with discussions told Reuters. https://www.businesstimes.com.sg/podcasts/making-sense-financial-numbers-driving-big-bucks-real-estate-decisions?ai-allowed=1 The Business Times en 2026-09-29T05:00:00+08:00 Making sense of financial numbers driving big-bucks real estate decisions https://cassette.sphdigital.com.sg/image/businesstimes/470fded5645d5df5c340e9e5da79de9c33f094878550e5ec55a68536f3cff4f6 What are the commonly used property valuation methods? What are the commonly used property valuation methods? https://www.businesstimes.com.sg/companies-markets/banking-finance/ubs-faces-9-profit-hit-latest-swiss-capital-plan The Business Times en 2026-09-28T23:17:38+08:00 UBS faces 9% profit hit from latest Swiss capital plan https://cassette.sphdigital.com.sg/image/businesstimes/48f49b49bcaa40edded0eedaefd596d67b5b4b05c267911abd02a8a737da3479 The plan would require UBS to back 90 per cent of the value of its foreign units with high-quality equity capital known as CET1. The plan would require UBS to back 90 per cent of the value of its foreign units with high-quality equity capital known as CET1. https://www.businesstimes.com.sg/international/india-trade-minister-visit-us-deal-talks The Business Times en 2026-09-28T22:46:29+08:00 India trade minister to visit US for deal talks https://cassette.sphdigital.com.sg/image/businesstimes/ef68f3e8a6581e549f658221afaf2141a9d81ca4d4f84e8189662f7497e8d6b6 Trade Minister Piyush Goyal will also join a G20 trade ministers’ meeting in Wisconsin, at the invitation of US Trade Representative Jamieson Greer. Trade Minister Piyush Goyal will also join a G20 trade ministers’ meeting in Wisconsin, at the invitation of US Trade Representative Jamieson Greer. https://www.businesstimes.com.sg/international/us-iran-set-hold-separate-talks-mediators-both-pessimistic-about-deal-midterms The Business Times en 2026-09-28T22:10:00+08:00 US, Iran set to hold separate talks with mediators; both pessimistic about deal before midterms https://cassette.sphdigital.com.sg/image/businesstimes/0a372df9bf9063afcd637e83a0ebb574e9932dc3347b1357d455a1a6d27829c0 The US said it wants Iran to make commitments to reopen Hormuz and concessions on its nuclear programme, said people familiar with the matter. The US said it wants Iran to make commitments to reopen Hormuz and concessions on its nuclear programme, said people familiar with the matter. https://www.businesstimes.com.sg/companies-markets/wall-st-opens-lower-oil-spikes-after-trump-rejects-iran-peace-proposal The Business Times en 2026-09-28T21:41:54+08:00 Wall St opens lower as oil spikes after Trump rejects Iran peace proposal https://cassette.sphdigital.com.sg/image/businesstimes/c21e57021925af87425407242d3871dcb06b18e7f217c7e9ea891be0e3afdafb The Dow Jones Industrial Average fell 180.1 points, or 0.35 per cent, at the open to 51,648.48. The Dow Jones Industrial Average fell 180.1 points, or 0.35 per cent, at the open to 51,648.48. https://www.businesstimes.com.sg/companies-markets/transport-logistics/rolls-royce-invest-us398-million-uk-manufacturing The Business Times en 2026-09-28T21:29:07+08:00 Rolls-Royce to invest US$398 million in UK manufacturing https://cassette.sphdigital.com.sg/image/businesstimes/2f9219cc03843264f2d542cbfec4dcbd94d5d551774de617a1d90b4cee59cedf The company has invested more than £3 billion in the UK since 2023 and spent over £2.8 billion with UK-based suppliers in 2025 alone. The company has invested more than £3 billion in the UK since 2023 and spent over £2.8 billion with UK-based suppliers in 2025 alone. https://www.businesstimes.com.sg/singapore/singapore-electricity-retailers-offerings-meet-higher-demand-amid-middle-east-conflict?ai-allowed=1 The Business Times en 2026-09-28T20:46:39+08:00 Singapore electricity retailers up offerings to meet higher demand amid Middle East conflict https://cassette.sphdigital.com.sg/image/businesstimes/85d1645574b3366fdda96b6732ed6dfd855b9869afa912993abb0dd78ef88bce A birds-eye view of the Singapore skyline, including the Central Business District. The electricity tariff set by grid operator SP Group and regulated by EMA has been rising since the US and Israel launched strikes on Iran on Feb 28. The electricity tariff set by grid operator SP Group and regulated by EMA has been rising since the US and Israel launched strikes on Iran on Feb 28. https://www.businesstimes.com.sg/companies-markets/banking-finance/greenback-near-two-month-high-us-iran-stalemate-bolsters-oil-fed-rate-hike-bets The Business Times en 2026-09-28T20:39:01+08:00 Greenback near two-month high as US-Iran stalemate bolsters oil, Fed rate hike bets  https://cassette.sphdigital.com.sg/image/businesstimes/6595d80e0aeac25d7d79f089120404204c8cb862f973a1c6b796c7af77e29149 US dollar bills being counted by a banker at a bank in Westminster, Colorado. A relentless rise in long-end Treasury yields have supported the greenback. A relentless rise in long-end US Treasury yields have supported the greenback. https://www.businesstimes.com.sg/singapore/singapores-air-quality-largely-moderate-levels-pm2-5-spikes-most-regions-haze-persists?ai-allowed=1 The Business Times en 2026-09-28T20:35:56+08:00 Singapore’s air quality largely at moderate levels, but PM2.5 spikes in most regions as haze persists https://cassette.sphdigital.com.sg/image/businesstimes/0ae98ec76e9810c577f921d654b1f8a3c158d3ff1693404d4a17c89e163375a8 Haze is seen from The Pinnacle@Duxton in Singapore. Air quality is considered unhealthy when the 24-hour PSI is in the range of 101 to 200. Air quality is considered unhealthy when the 24-hour PSI is in the range of 101 to 200. https://www.businesstimes.com.sg/property/my-grandfathers-legacy-sherman-kwek-lays-out-three-year-plan-cdl-drive-returns?ai-allowed=1 The Business Times en 2026-09-28T19:23:48+08:00 ‘My grandfather’s legacy’: Sherman Kwek lays out three-year plan for CDL to drive returns https://cassette.sphdigital.com.sg/image/businesstimes/52df0199d0bb645bb375f7c876d2c2864069b28c6245844ef3dbae205ca79f4b From left: CDL’s group chief financial officer Yiong Yim Ming; group general manager Chia Ngiang Hong; group CEO Sherman Kwek; group chief operating officer Kwek Eik Sheng; and chief investment officer Gerald Yong. From left: CDL’s group chief financial officer Yiong Yim Ming; group general manager Chia Ngiang Hong; group CEO Sherman Kwek; group chief operating officer Kwek Eik Sheng; and chief investment officer Gerald Yong. https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-sep-281?ai-allowed=1 The Business Times en 2026-09-28T18:45:00+08:00 Daily Debrief: What Happened Today (Sep 28) https://cassette.sphdigital.com.sg/image/businesstimes/ee1303e9f55b994c3dec52d43922e36a518d772d804b047d5cf5332edfb0ea43 CDL group CEO Sherman Kwek says that doing fund management well will ensure greater capital efficiency. CDL group CEO Sherman Kwek says that doing fund management well will ensure greater capital efficiency. https://www.businesstimes.com.sg/companies-markets/banking-finance/indian-firms-ready-us3-billion-debt-issues-eye-potential-rbi-rate-hike The Business Times en 2026-09-28T18:37:35+08:00 Indian firms ready US$3 billion of debt issues with eye on potential RBI rate hike https://cassette.sphdigital.com.sg/image/businesstimes/aa42c25f3147f57c91cc437f5362fe96c3effbbc41eaf323ff0bfbf18e7c3a01 A large majority of market participants expect the Reserve Bank of India to raise interest rates, with further liquidity-draining measures on the cards.  A large majority of market participants expect the Reserve Bank of India to raise interest rates, with further liquidity-draining measures on the cards.  https://www.businesstimes.com.sg/companies-markets/singapore-remains-asias-private-markets-hub-regional-rivals-are-catching-panellists?ai-allowed=1 The Business Times en 2026-09-28T18:29:49+08:00 Singapore remains Asia’s private-markets hub, but regional rivals are catching up: panellists https://cassette.sphdigital.com.sg/image/businesstimes/01deda9ef6714fc8d15396f7ff84566690c2eb10cdde94d13ea47c1e35ad0c30 From left: Accelerate Capital’s and capital firm BEENEXT’s Hero Choudhary, Golden Gate Ventures’ Vinnie Lauria, Monk’s Hill Ventures’ Kuo-Yi Lim and Capritaur Ventures’ Eric See. From left: Accelerate Capital’s and capital firm BEENEXT’s Hero Choudhary, Golden Gate Ventures’ Vinnie Lauria, Monk’s Hill Ventures’ Kuo-Yi Lim and Capritaur Ventures’ Eric See. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-higher-bank-counters-rise-sti-0-3?ai-allowed=1 The Business Times en 2026-09-28T18:17:23+08:00 Singapore shares end higher as bank counters rise; STI up 0.3% https://cassette.sphdigital.com.sg/image/businesstimes/ad91b730f61507c7291431626b48abce0e575091303a13bdeb48f276e9226b3d Across the broader market, gainers trail losers 224 to 305, after 1.4 billion securities worth S$1.9 billion changed hands. Across the broader market, gainers trail losers 224 to 305, after 1.4 billion securities worth S$1.9 billion changed hands. https://www.businesstimes.com.sg/startups-tech/technology/red-amber-or-green-why-more-companies-should-use-ai-framework-and-make-their-lines-public?ai-allowed=1 The Business Times en 2026-09-28T18:00:00+08:00 Red, amber or green: Why more companies should use this AI framework and make their lines public https://cassette.sphdigital.com.sg/image/businesstimes/52a919945de154307a678bbe22c1a4200826b63888a4b7a76d73dc966e34d0a0 Under the Singapore judiciary’s 2024 guide, lawyers and self-represented litigants must independently check AI-assisted submissions against sources. Under the Singapore judiciary’s 2024 guide, lawyers and self-represented litigants must independently check AI-assisted submissions against sources. https://www.businesstimes.com.sg/international/thai-pm-anutin-survives-court-ruling-election-ballots The Business Times en 2026-09-28T17:29:54+08:00 Thai PM Anutin survives court ruling on election ballots https://cassette.sphdigital.com.sg/image/businesstimes/7fa2200172ac050ecfa2423720d7bd6a46a4e57c8c4ef41169efaccc74aedb07 The decision allows Anutin’s Bhumjaithai Party-led government to continue with the decisive mandate it won earlier this year. The decision allows Anutin’s Bhumjaithai Party-led government to continue with the decisive mandate it won earlier this year. https://www.businesstimes.com.sg/opinion-features/how-xi-appeared-outmanoeuvre-trump-their-summit?ai-allowed=1 The Business Times en 2026-09-28T17:20:23+08:00 How Xi appeared to outmanoeuvre Trump at their summit https://cassette.sphdigital.com.sg/image/businesstimes/bc9e775c316fd9441c702ab028fd2378a63bcf2223449a90c9c0b3e3dfb34510 While Chinese President Xi Jinping (left) did not secure all that he wanted, he appears to increasingly have the upper hand over US President Donald Trump, at least in terms of political manoeuvring.  While Chinese President Xi Jinping (left) did not secure all that he wanted, he appears to increasingly have the upper hand over US President Donald Trump, at least in terms of political manoeuvring.  https://www.businesstimes.com.sg/singapore/readiness-gap-why-some-businesses-move-ahead-while-others-stand-still?ai-allowed=1 The Business Times en 2026-09-28T17:10:00+08:00 The readiness gap: Why some businesses move ahead while others stand still https://cassette.sphdigital.com.sg/image/businesstimes/d2ccff66bdd05bcaa6ac7049b9f5cda63966bd65f264dc07c264dfe98e4f7195 Future Ready Business Spotlight at Mastercard Experience Centre on July 23, 2025. Future Ready Business Spotlight at Mastercard Experience Centre on July 23, 2025. https://www.businesstimes.com.sg/lifestyle/sushi-wars-roll-america-japans-top-chains-face The Business Times en 2026-09-28T17:08:55+08:00 Sushi wars roll into America as Japan’s top chains face off https://cassette.sphdigital.com.sg/image/businesstimes/e382a1f69df253e456dd154cb4304265e339e26f7e327717f8c9c30165cfb1e2 CEO of Sushiro parent Food & Life Companies Masahiro Yamamoto believes that between high-priced and takeout sushi, there exists a large middle market. CEO of Sushiro parent Food & Life Companies Masahiro Yamamoto believes that between high-priced and takeout sushi, there exists a large middle market. https://www.businesstimes.com.sg/lifestyle/wildcard-champion-dominant-leylah-fernandez-wins-singapore-tennis-crown-style?ai-allowed=1 The Business Times en 2026-09-28T17:00:00+08:00 From wildcard to champion: Dominant Leylah Fernandez wins Singapore tennis crown in style https://cassette.sphdigital.com.sg/image/businesstimes/437dc75bc83f925d7ba79f5fed50ce1e0c94855507ad1b46f010728824f6d681 Leylah Fernandez won the Singapore Tennis Open in str Sunday (Sep 27). Leylah Fernandez won the Singapore Tennis Open in str Sunday (Sep 27). https://www.businesstimes.com.sg/companies-markets/aldi-invest-us1-2-billion-britain-2027 The Business Times en 2026-09-28T16:18:48+08:00 Aldi to invest US$1.2 billion in Britain in 2027 https://cassette.sphdigital.com.sg/image/businesstimes/e227778d4311fdb6c5d4ae62b898b6928435569be393b4baab96b1dd295d5971 Aldi UK, Britain’s fourth largest grocer after industry leader Tesco, Sainsbury’s and Asda, currently trades from 1,092 stores and plans to open 30 over the next 10 weeks. Aldi UK, Britain’s fourth largest grocer after industry leader Tesco, Sainsbury’s and Asda, currently trades from 1,092 stores and plans to open 30 over the next 10 weeks. https://www.businesstimes.com.sg/property/cdl-hire-dedicated-ceo-fund-management-it-steps-push-private-funds?ai-allowed=1 The Business Times en 2026-09-28T16:05:47+08:00 CDL to hire dedicated CEO for fund management as it steps up push into private funds https://cassette.sphdigital.com.sg/image/businesstimes/ee1303e9f55b994c3dec52d43922e36a518d772d804b047d5cf5332edfb0ea43 CDL group CEO Sherman Kwek says that doing fund management well will ensure greater capital efficiency. CDL group CEO Sherman Kwek says that doing fund management well will ensure greater capital efficiency. https://www.businesstimes.com.sg/international/rising-fuel-prices-drive-brewing-costs-asia-heineken-says The Business Times en 2026-09-28T15:37:45+08:00 Rising fuel prices drive up brewing costs in Asia, Heineken says https://cassette.sphdigital.com.sg/image/businesstimes/25eaab62b17cdc60df649d59aea0dd9c5730eed57a52c19a98e168d4605c00cb In Asia, Heineken is more dependent on oil coming from the Middle East and has somewhat smaller reserves, said the firm’s Asia-Pacific president Jacco van der Linden. In Asia, Heineken is more dependent on oil coming from the Middle East and has somewhat smaller reserves, said the firm’s Asia-Pacific president Jacco van der Linden. https://www.businesstimes.com.sg/lifestyle/sgx-cares-2026-charity-futsal-raises-s150000?ai-allowed=1 The Business Times en 2026-09-28T15:11:59+08:00 SGX Cares’ 2026 charity futsal raises S$150,000 https://cassette.sphdigital.com.sg/image/businesstimes/99d4eedf3237a2dfa0753989659bfb74dc497061a7dd63d374c9c83281addd30 Participants pose at the 2026 edition of SGX Cares’ charity futsal event. Thirty-five teams participated, including management of the Singapore Exchange, MPs and former Singapore national players. Thirty-five teams participated in the 11th edition of the event, including SGX’s management, MPs and former Singapore national players. https://www.businesstimes.com.sg/opinion-features/managed-rivalry-between-us-and-china-serves-world-well?ai-allowed=1 The Business Times en 2026-09-28T15:07:04+08:00 A managed rivalry between US and China serves the world well https://cassette.sphdigital.com.sg/image/businesstimes/7183d102c8ac9fcfecb74ddbbe7d0101e023888b5b44d990ffb33405fcf93f31 Xi Jinping, China‘s president, and US President Donald Trump at the White House ahead of a state dinner in Washington, DC, on Sep 24, 2026. China’s President Xi Jinping (left) and US President Donald Trump have agreed to maintain a trade truce until early 2027, even as tensions persist over other issues. https://www.businesstimes.com.sg/international/asean/thai-flood-damage-seen-us320-million The Business Times en 2026-09-28T15:05:31+08:00 Thai flood damage seen at US$320 million https://cassette.sphdigital.com.sg/image/businesstimes/3b85a4155688d5de7540f4496192aa7bcf3677170b170b806697ec80d5bf0951 Mobile kitchen and boats were mobilised in relief efforts and the goal is to provide three meals a day to all affected residents. Mobile kitchen and boats were mobilised in relief efforts and the goal is to provide three meals a day to all affected residents. https://www.businesstimes.com.sg/companies-markets/hafary-founding-family-makes-bid-take-company-private-s0-64-share?ai-allowed=1 The Business Times en 2026-09-28T14:43:25+08:00 Hafary founding family makes bid to take company private at S$0.64 a share https://cassette.sphdigital.com.sg/image/businesstimes/455cf89f68977f5f7e503c39dc0626b86ca1a8aff91d3d79c6cfdb15ad85a4bc Hafary, which supplies premium tiles, stone and sanitary ware, says it has not tapped Singapore’s equity capital markets to raise funds in the past decade. Hafary, which supplies premium tiles, stone and sanitary ware, says it has not tapped Singapore’s equity capital markets to raise funds in the past decade. https://www.businesstimes.com.sg/singapore/vsmc-opens-us7-8-billion-chip-fab-singapore-bets-physical-ai-demand?ai-allowed=1 The Business Times en 2026-09-28T14:41:10+08:00 VSMC opens US$7.8 billion chip fab in Singapore, bets on ‘physical AI’ demand https://cassette.sphdigital.com.sg/image/businesstimes/3d22cf1e5864b970d2d5f6857fe286f1814b48d049534fa1cc6922d8db2011ce VSMC and VIS chairman Leuh Fang says the plant was set up to strengthen global supply chain resilience. VSMC and VIS chairman Leuh Fang says the plant was set up to strengthen global supply chain resilience. https://www.businesstimes.com.sg/international/trump-asked-xi-if-china-wanted-buy-us-weapons-ambassador-says The Business Times en 2026-09-28T14:37:38+08:00 Trump asked Xi if China wanted to buy US weapons, ambassador says https://cassette.sphdigital.com.sg/image/businesstimes/bc9e775c316fd9441c702ab028fd2378a63bcf2223449a90c9c0b3e3dfb34510 The US has been the dominant military power in the Asia-Pacific region, but that strength is fading relative to China’s. The US has been the dominant military power in the Asia-Pacific region, but that strength is fading relative to China’s. https://www.businesstimes.com.sg/singapore/temasek-acquires-9-stake-italian-equity-investor-fsi-additional-capital-set-future-funds?ai-allowed=1 The Business Times en 2026-09-28T14:30:00+08:00 Temasek acquires 9% stake in Italian equity investor FSI; additional capital set for future funds https://cassette.sphdigital.com.sg/image/businesstimes/2d41ba8da6983ffbe56f1ac3766d21960b93ab55ce1c91a6530344c798532dcf Nagi Hamiyeh, president of Temasek Global Investments, says Italy is an “integral” part of the firm’s Europe strategy. Nagi Hamiyeh, president of Temasek Global Investments, says Italy is an “integral” part of the firm’s Europe strategy. https://www.businesstimes.com.sg/opinion-features/asias-private-credit-market-presents-new-opportunities-investors The Business Times en 2026-09-28T14:02:53+08:00 Asia’s private-credit market presents new opportunities for investors https://cassette.sphdigital.com.sg/image/businesstimes/2218597f47f6861323586bd4da159c75114bb3eb3901ec45c9f9534d50747176 Private-credit funds in Asia are generally less exposed to software and high-growth technology companies than their US counterparts. Private-credit funds in Asia are generally less exposed to software and high-growth technology companies than their US counterparts. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/hong-kong-lists-8-etfs-tap-chinese-insurer-demand-overseas-assets The Business Times en 2026-09-28T13:44:59+08:00 Hong Kong lists 8 ETFs to tap Chinese insurer demand for overseas assets https://cassette.sphdigital.com.sg/image/businesstimes/15d021a58f7baf7920e701a4f261f2a1fdacc54b08c4c6818633d7c6d49b2bc3 Weak domestic-market performance in China has fuelled demand for diversification and added to capital-outflow pressures. Weak domestic-market performance in China has fuelled demand for diversification and added to capital-outflow pressures. https://www.businesstimes.com.sg/international/chinas-industrial-profit-growth-slows-sharply-weak-demand-outweighs-ai-boom The Business Times en 2026-09-28T13:01:59+08:00 China’s industrial profit growth slows sharply as weak demand outweighs AI boom https://cassette.sphdigital.com.sg/image/businesstimes/28657bb63250eed17b333d740acdd5d638f730e06b6a1b3749b14b378e3f750a Profits in computer, communication and other electronic equipment manufacturing led the gains, jumping 110% in the first eight months of 2026. Profits in computer, communication and other electronic equipment manufacturing led the gains, jumping 110% in the first eight months of 2026. https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-makes-big-push-affluent-clients-india-fuel-growth The Business Times en 2026-09-28T13:01:05+08:00 HSBC makes big push for affluent clients in India to fuel growth https://cassette.sphdigital.com.sg/image/businesstimes/6746c9e60f5eb355ad2285289187da89dc140781653858e376b3ad018b4c47f2 The growth drive puts HSBC in more direct competition with larger local rivals for a slice of India’s fast-expanding wealth pool.  The growth drive puts HSBC in more direct competition with larger local rivals for a slice of India’s fast-expanding wealth pool.  https://www.businesstimes.com.sg/companies-markets/energy-commodities/pacificlight-pair-new-gas-power-plant-giant-batteries-singapore-first?ai-allowed=1 The Business Times en 2026-09-28T13:00:00+08:00 PacificLight to pair new gas power plant with giant batteries in Singapore first https://cassette.sphdigital.com.sg/image/businesstimes/3915cd918a5bd471d15a6b584a8bedb694854f4dc0562feb0a382d07e5458623 From left: Mitsubishi Power global sales and marketing executive vice-preisdent Daichi Nakajima; PacificLight CEO Yu Tat Ming; Energy Market Authority CEO Puah Kok Keong; First Pacific managing director and CEO Manuel V Pangilinan; Minister for Trade and Industry Tan See Leng; Meralco PowerGen Corporation president and CEO Emmanuel Rubio; JTC Corporation people and policy group assistant CEO Soh Leng Wan; and Jurong Engineering Limited managing director and CEO Daisuke Muraoka at the ground-breaking ceremony for PacificLight’s Jurong Island power plant. PacificLight’s plant will feature Singapore’s largest and most efficient single power generation unit. https://www.businesstimes.com.sg/singapore/singapores-factory-output-growth-accelerates-15-4-august-undershoots-estimates?ai-allowed=1 The Business Times en 2026-09-28T13:00:00+08:00 Singapore’s factory output growth accelerates to 15.4% in August, but undershoots estimates https://cassette.sphdigital.com.sg/image/businesstimes/763d788eb5af20602b760fa1015a819b323184e929c5bbaf3879b12212df1917 Technicians working on an aircraft engine. Technicians working on a Rolls-Royce Trent aircraft engine. All clusters except chemicals recorded year-on-year gains in production. https://www.businesstimes.com.sg/opinion-features/higher-rates-manageable-reits-mind-rich-fees-and-alignment-manager-investor-interests?ai-allowed=1 The Business Times en 2026-09-28T12:52:07+08:00 Higher rates manageable for Reits, but mind rich fees and alignment of manager-investor interests https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5 While Reits have been a success story on the local bourse, the sector’s continued growth may hinge on strong alignment of manager-investor interests. While Reits have been a success story on the local bourse, the sector’s continued growth may hinge on strong alignment of manager-investor interests. https://www.businesstimes.com.sg/companies-markets/banking-finance/chinas-yuan-eases-after-trump-xi-meeting-exports-underpin-further-strength The Business Times en 2026-09-28T12:47:14+08:00 China’s yuan eases after Trump-Xi meeting, but exports underpin further strength https://cassette.sphdigital.com.sg/image/businesstimes/f4d7831bc88c16fbac047e153c34e57106edd84b3934a23405b567e6c889ecbb Analysts expect the yuan to continue to strengthen on the back of China’s robust exports, although at a slower pace. Analysts expect the yuan to continue to strengthen on the back of China’s robust exports, although at a slower pace. https://www.businesstimes.com.sg/opinion-features/trump-xi-truce-stops-ai-who-gets-caught-middle The Business Times en 2026-09-28T12:45:16+08:00 The Trump-Xi truce stops at AI; who gets caught in the middle? https://cassette.sphdigital.com.sg/image/businesstimes/fd22336ada0ae63a4c0725dc58664e00bce8a1a330aacab792dceeeac26b6c44 An artificial intelligence sign is seen at the World Artificial Intelligence Conference in Shanghai, China. In the AI race, the US has decided to push its allies into line, rather than to cultivate and offer incentives. In the AI race, the US has decided to push its allies into line, rather than to cultivate and offer incentives. https://www.businesstimes.com.sg/international/china-us-agree-cut-tariffs-us60-billion-goods-including-agriculture-household-items The Business Times en 2026-09-28T12:44:51+08:00 China, US agree to cut tariffs on US$60 billion of goods including agriculture, household items https://cassette.sphdigital.com.sg/image/businesstimes/a331858a2c7617b53a0c8744d1f1df9a369bc324902342ec551b88d67347ce99 China and the US will set up an agriculture working group under a trade council, which will hold its first meeting before 2026 ends. China and the US will set up an agriculture working group under a trade council, which will hold its first meeting before 2026 ends. https://www.businesstimes.com.sg/opinion-features/can-cdl-become-powerhouse-fund-management?ai-allowed=1 The Business Times en 2026-09-28T12:37:43+08:00 Can CDL become a powerhouse in fund management? https://cassette.sphdigital.com.sg/image/businesstimes/1c584834cfe9adcc27083f3b7b8bff04765c65487c93bf2821d0875e54df5ef4 City Developments Limited faces an uphill task in its fund management ambitions. City Developments Limited faces an uphill task in its fund management ambitions. https://www.businesstimes.com.sg/companies-markets/geo-energy-expects-substantial-rise-q3-net-profit-shares-8?ai-allowed=1 The Business Times en 2026-09-28T12:22:58+08:00 Geo Energy expects ‘substantial’ rise in Q3 net profit; shares up 8% https://cassette.sphdigital.com.sg/image/businesstimes/a917bfd52774eebcc34cf74e3a7efb5cd81d08f560c11b58d9fe506cb7544ffa Geo Energy and Resource Invest have made “good progress” in discussions for the latter to take a US$1.5 billion stake in Marga Bara Jaya. Geo Energy and Resource Invest have made “good progress” in discussions for the latter to take a US$1.5 billion stake in Marga Bara Jaya. https://www.businesstimes.com.sg/international/asean/vietnam-jewellery-giant-pnj-forecasts-loss-after-diamond-scandal The Business Times en 2026-09-28T12:13:48+08:00 Vietnam jewellery giant PNJ forecasts loss after diamond scandal https://cassette.sphdigital.com.sg/image/businesstimes/836e386462d5377a349d9a52c9ddabd5e31400d47c055594ef533e27c4233b50 PNJ will propose cutting its revenue goal to 39.06 trillion dong from 48.66 trillion dong, and will set aside a 7.07 trillion dong provision for potential losses. PNJ will propose cutting its revenue goal to 39.06 trillion dong from 48.66 trillion dong, and will set aside a 7.07 trillion dong provision for potential losses. https://www.businesstimes.com.sg/international/geisha-face-paint-servers-sakai-chemical-emerges-ai-linchpin The Business Times en 2026-09-28T11:54:56+08:00 From geisha face paint to servers, Sakai Chemical emerges as AI linchpin https://cassette.sphdigital.com.sg/image/businesstimes/06bd52edd383dcfc7892f5a8c541145b4b195e5912e52d6b1d5d194e20754f10 Until recently, such production was a side business for Sakai Chemical, which has spent decades perfecting the production of ultra-fine and uniform particles. Until recently, such production was a side business for Sakai Chemical, which has spent decades perfecting the production of ultra-fine and uniform particles. https://www.businesstimes.com.sg/property/hong-kongs-private-home-prices-largely-flat-august The Business Times en 2026-09-28T11:38:08+08:00 Hong Kong’s private home prices largely flat in August https://cassette.sphdigital.com.sg/image/businesstimes/c5074bb8b71938259da97932ee850ea02c3ac41882bb8e4fa3a3f8a0c97dcad6 Hong Kong’s property market has been supported by positive sentiment, buoyant stock markets and firm demand. Hong Kong’s property market has been supported by positive sentiment, buoyant stock markets and firm demand. https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-debated-need-faster-rate-hikes-july-minutes-show The Business Times en 2026-09-28T11:03:02+08:00 Bank of Japan debated need for faster rate hikes, July minutes show https://cassette.sphdigital.com.sg/image/businesstimes/fab7a88d98c0ee63e519e79e0d74d1fe758cdc6ada92ac692f67a84065cfc12c The BOJ kept interest rates steady at 1 per cent at its Jul 30-31 policy meeting but warned that underlying inflation could exceed its target. The BOJ kept interest rates steady at 1 per cent at its Jul 30-31 policy meeting but warned that underlying inflation could exceed its target. https://www.businesstimes.com.sg/international/asean/vietnams-data-centre-investment-rush-faces-reality-check-power-and-site-constraints?ai-allowed=1 The Business Times en 2026-09-28T10:52:57+08:00 Vietnam’s data-centre investment rush faces reality check on power and site constraints https://cassette.sphdigital.com.sg/image/businesstimes/e0e98441e85ee647c20ab2b6816dd0f64ce0bf5f69ea8eb4874b863485b4b092 STT VNG Ho Chi Minh City 1, a data centre jointly operated by Singapore’s STTGDC and Vietnam’s VNG. Vietnam could face a nationwide capacity shortfall of about 4,300 MW in 2027, says the industry and trade ministry. STT VNG Ho Chi Minh City 1, a data centre jointly operated by Singapore’s STTGDC and Vietnam’s VNG. Vietnam could face a nationwide capacity shortfall of about 4,300 MW in 2027, says the industry and trade ministry. https://www.businesstimes.com.sg/international/asean/siti-hasmah-wife-malaysias-ex-pm-mahathir-dies-aged-100?ai-allowed=1 The Business Times en 2026-09-28T10:28:33+08:00 Siti Hasmah, wife of Malaysia’s ex-PM Mahathir, dies aged 100 https://cassette.sphdigital.com.sg/image/businesstimes/cc59b53c11658539df2b0af39a9ac69665cb8a1ed57671629504d461b4d5e8c8 Then Malaysian PM Mahathir Mohamad (left) with his wife Siti Hasmah Mohamad Ali in Kuala Lumpur on Sep 20, 2003. Then Malaysian PM Mahathir Mohamad (left) with his wife Siti Hasmah Mohamad Ali in Kuala Lumpur on Sep 20, 2003. https://www.businesstimes.com.sg/companies-markets/cdl-shares-dip-8-1-after-strategic-review-release?ai-allowed=1 The Business Times en 2026-09-28T10:24:14+08:00 CDL shares dip 8.1% after strategic review release https://cassette.sphdigital.com.sg/image/businesstimes/ef846f38ce37b3a353306e8202222fb34085e059d5a44d5104febc66d7d32cae CDL intends to deploy S$5 billion in growth capital and target S$6 billion in divestments across its portfolio over the next three years. CDL intends to deploy S$5 billion in growth capital and target S$6 billion in divestments across its portfolio over the next three years. https://www.businesstimes.com.sg/international/iran-says-it-wont-soften-demands-trump-rejects-hormuz-offer-says-talks-resume-week The Business Times en 2026-09-28T10:20:18+08:00 Iran says it won’t soften demands as Trump rejects Hormuz offer, says talks resume this week https://cassette.sphdigital.com.sg/image/businesstimes/b47d9008604d9488311d817a71e28a0cfa3926b715040d1e014bb542adfd84cc The conditions Iran wants are something Washington might have agreed to about a year ago, Trump told media outlet Axios on Sep 27. The conditions Iran wants are something Washington might have agreed to about a year ago, Trump told media outlet Axios on Sep 27. https://www.businesstimes.com.sg/international/asean/thai-pm-anutins-support-drops-latest-poll-pressures-rise?ai-allowed=1 The Business Times en 2026-09-28T10:14:02+08:00 Thai PM Anutin’s support drops in latest poll as pressures rise https://cassette.sphdigital.com.sg/image/businesstimes/9838eb2dc108a050077ad061ce43ca3505be45cb83dcd17ef1b23ead32df4be1 Only 13.8 per cent of people polled backed Anutin as prime minister in September. Only 13.8 per cent of people polled backed Anutin as prime minister in September. https://www.businesstimes.com.sg/companies-markets/geely-acquire-30-nios-power-unit-part-battery-swopping-charging-business-deals?ai-allowed=1 The Business Times en 2026-09-28T09:55:47+08:00 Geely to acquire 30% of Nio’s power unit as part of battery-swopping, charging business deals https://cassette.sphdigital.com.sg/image/businesstimes/c9e7d250914e695d7e8f1059aa529032be94dd00044bf69b414ef6f511e839c5 Employees working on the production line at a Nio factory in China. Nio Holding, a subsidiary of Nio, will continue to hold a controlling equity interest of 63.6% in Nio Power after the deal is completed. https://www.businesstimes.com.sg/international/boj-rate-hike-october-real-possibility-ex-official-says The Business Times en 2026-09-28T09:23:54+08:00 BOJ rate hike in October is real possibility, ex-official says https://cassette.sphdigital.com.sg/image/businesstimes/7a7c868885d96ada6978b557442c2f761b8e201bef3786ef1bc1cfab549f86d0 While the basic pace is probably once every three months, there is reasonable chance the BOJ raises rates at consecutive meetings, say ex official Kazuo Momma. While the basic pace is probably once every three months, there is reasonable chance the BOJ raises rates at consecutive meetings, say ex official Kazuo Momma. https://www.businesstimes.com.sg/companies-markets/stoneweg-europe-stapled-trust-proposes-internalisation-managers?ai-allowed=1 The Business Times en 2026-09-28T09:13:02+08:00 Stoneweg Europe Stapled Trust proposes internalisation of managers https://cassette.sphdigital.com.sg/image/businesstimes/a2990946c1a575c433eb98fbda7e29c0e1492fe3e8a5d31d74174be2be96a3b9 Sert’s managers propose to issue 40 million subscription stapled securities to relevant Stoneweg entities to raise gross proceeds of 80 million euros.  Sert’s managers propose to issue 40 million subscription stapled securities to relevant Stoneweg entities to raise gross proceeds of 80 million euros.  https://www.businesstimes.com.sg/international/japans-corporate-services-inflation-hits-2-year-high-august The Business Times en 2026-09-28T09:06:12+08:00 Japan’s corporate services inflation hits 2-year high in August https://cassette.sphdigital.com.sg/image/businesstimes/09941fc1bf03e16649084de5f1f0f7193cfc800899d9e3720be9f4e2d1f93daf The services producer price index, which tracks the prices that companies charge each other for services, rose 3.7 per cent in August from a year earlier. The services producer price index, which tracks the prices that companies charge each other for services, rose 3.7 per cent in August from a year earlier. https://www.businesstimes.com.sg/companies-markets/venture-capital-leads-asia-pacific-private-market-returns-q2-msci?ai-allowed=1 The Business Times en 2026-09-28T09:00:00+08:00 Venture capital leads Asia-Pacific private-market returns in Q2: MSCI https://cassette.sphdigital.com.sg/image/businesstimes/15287757acf295bdf3497c735f66b76f21446578f2f026dbffcee310b0c44c71 Asia-Pacific venture capital returned 6.7% in Q2, making it the region’s best-performing private-capital strategy in MSCI’s quarterly snapshot. Asia-Pacific venture capital returned 6.7% in Q2, making it the region’s best-performing private-capital strategy in MSCI’s quarterly snapshot. https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-declines-hormuz-impasse-keeps-rate-hike-bets-elevated The Business Times en 2026-09-28T08:57:21+08:00 Gold declines as Hormuz impasse keeps rate hike bets elevated https://cassette.sphdigital.com.sg/image/businesstimes/4606f5f6973067359f95e2ddf5eac86e623d2cdb87d7043eaa6f239e6fedfe00 Gold has traded in a relatively narrow range between US$4,230 and US$4,510 an ounce in September as traders repeatedly recalibrate the Fed policy outlook. Gold has traded in a relatively narrow range between US$4,230 and US$4,510 an ounce in September as traders repeatedly recalibrate the Fed policy outlook. https://www.businesstimes.com.sg/companies-markets/oiltek-submits-application-secondary-listing-bursa-malaysias-main-market?ai-allowed=1 The Business Times en 2026-09-28T08:50:39+08:00 Oiltek submits application for secondary listing on Bursa Malaysia’s main market https://cassette.sphdigital.com.sg/image/businesstimes/8aca3d510d1014a441c3c8fb7673069c567ad868f8e4cbcc9f39eaf82e34f131 Oiltek’s shares will continue to be listed and quoted on the mainboard of the Singapore Exchange. Oiltek’s shares will continue to be listed and quoted on the mainboard of the Singapore Exchange. https://www.businesstimes.com.sg/companies-markets/cdl-invest-s5-billion-target-s6-billion-divestments-under-refreshed-strategy?ai-allowed=1 The Business Times en 2026-09-28T08:49:49+08:00 CDL to invest S$5 billion, target S$6 billion in divestments under refreshed strategy https://cassette.sphdigital.com.sg/image/businesstimes/f0d6c765e5f18f7716932af94220c3870d471eb0e8b4793ad7848bb5680986a8 The outcome of the strategic review comes a year after a public clash within CDL’s boardroom. The outcome of the strategic review comes a year after a public clash within CDL’s boardroom.