https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-close-lower-banks-drop-3-month-lows-oil-prices-weigh Thu, 08 Oct 2026 22:28:38 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-close-lower-banks-drop-3-month-lows-oil-prices-weigh ECB policymakers dampen case for further near-term rate hikes https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-end-lower-crude-prices-jump-chip-stocks-weigh Thu, 08 Oct 2026 22:17:22 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-end-lower-crude-prices-jump-chip-stocks-weigh Chips drop after FT report that OpenAI overstated revenues https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-opens-lower-oil-jump-high-yields-fuel-inflation-concerns Thu, 08 Oct 2026 13:58:43 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-opens-lower-oil-jump-high-yields-fuel-inflation-concerns The three major indices fell at the open https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsoft-expands-xboxs-movie-tv-ambitions-new-division Thu, 08 Oct 2026 13:06:48 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/microsoft-expands-xboxs-movie-tv-ambitions-new-division XP will centralise efforts around such ventures but is not itself a production company https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-dollar-creeps-towards-18-month-high-euro-lags-bond-yields-rise-again Thu, 08 Oct 2026 12:44:09 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-dollar-creeps-towards-18-month-high-euro-lags-bond-yields-rise-again [LONDON] The greenback rose towards its strongest level in 18 months on Thursday (Oct 8), after minutes from the US Federal Reserve... https://www.businesstimes.com.sg/international/uk-card-defaults-rise-longest-period-17-years-boe Thu, 08 Oct 2026 11:57:34 +0000 International Banking & Finance Companies & Markets /international/uk-card-defaults-rise-longest-period-17-years-boe Households appear to be taking on more debt just to get by https://www.businesstimes.com.sg/companies-markets/ntt-dc-reit-proposes-dpu-linked-performance-fee-manager Thu, 08 Oct 2026 11:24:07 +0000 Tan Nai Lun Companies & Markets Reits & Property /companies-markets/ntt-dc-reit-proposes-dpu-linked-performance-fee-manager Manager to cap FY26/27 entitlement; waive if DPU less than US$0.078 https://www.businesstimes.com.sg/companies-markets/temasek-related-azalea-seatown-seviora-capital-merge-2027 Thu, 08 Oct 2026 10:48:13 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/temasek-related-azalea-seatown-seviora-capital-merge-2027 Fullerton Fund Management and InnoVen Capital will continue to operate as separate legal entities within the group https://www.businesstimes.com.sg/companies-markets/singapore-banks-lead-sti-fall-3-5-thursday Thu, 08 Oct 2026 10:17:57 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-banks-lead-sti-fall-3-5-thursday Across the broader market, losers outnumber gainers 438 to 163 https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/uniqlo-track-overtake-hm-eyes-zara-global-no-1 Thu, 08 Oct 2026 10:09:16 +0000 Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/uniqlo-track-overtake-hm-eyes-zara-global-no-1 Owner Fast Retailing has forecast operating profit to reach 830 billion yen for the coming fiscal year ending August 2027 https://www.businesstimes.com.sg/companies-markets/search-elusive-unicorn-sgxs-global-listing-board Thu, 08 Oct 2026 09:36:35 +0000 Companies & Markets Opinion & Features /companies-markets/search-elusive-unicorn-sgxs-global-listing-board Will DayOne’s Nasdaq IPO eventually sit on the GLB? The fast track is not an easy one https://www.businesstimes.com.sg/companies-markets/starhub-acquire-myrepublics-mobile-business-amid-ongoing-telco-consolidation Thu, 08 Oct 2026 09:28:29 +0000 Young Zhan Heng Companies & Markets Telcos, Media & Tech /companies-markets/starhub-acquire-myrepublics-mobile-business-amid-ongoing-telco-consolidation It already owns MyRepublic’s broadband business https://www.businesstimes.com.sg/companies-markets/banking-finance/more-interest-rate-hikes-needed-there-flexibility-about-pace-feds-waller Thu, 08 Oct 2026 09:19:21 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/more-interest-rate-hikes-needed-there-flexibility-about-pace-feds-waller Most US central bankers expect another quarter-point hike by the end of the year https://www.businesstimes.com.sg/companies-markets/tsmcs-q3-revenue-surges-record-beating-market-forecast Thu, 08 Oct 2026 09:10:52 +0000 Companies & Markets /companies-markets/tsmcs-q3-revenue-surges-record-beating-market-forecast The figure of NT$1.49 trillion is up 50% from the year-earlier period due to surging demand for AI applications https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tencent-mulls-us5-billion-bond-offering-ai-push-ramps Thu, 08 Oct 2026 08:26:36 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/tencent-mulls-us5-billion-bond-offering-ai-push-ramps The company aims to develop AI models akin to the best from DeepSeek or Moonshot AI https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-dip-banks-hit-over-3-month-low-oil-prices-weigh Thu, 08 Oct 2026 08:06:20 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-dip-banks-hit-over-3-month-low-oil-prices-weigh The banking sector dropped nearly 2% https://www.businesstimes.com.sg/companies-markets/banking-finance/goldman-sachs-says-middle-managers-risk-new-hires-oversee-ai Thu, 08 Oct 2026 06:44:18 +0000 Banking & Finance Companies & Markets Telcos, Media & Tech /companies-markets/banking-finance/goldman-sachs-says-middle-managers-risk-new-hires-oversee-ai Banks will also need fewer fresh graduates for analysis and preparatory work https://www.businesstimes.com.sg/international/asean/malaysian-chip-firm-sqai-said-plan-us73-million-ipo-early-2027 Thu, 08 Oct 2026 05:08:15 +0000 Asean Capital Markets & Currencies Companies & Markets International Startups & Tech Technology /international/asean/malaysian-chip-firm-sqai-said-plan-us73-million-ipo-early-2027 The Penang-based firm may seek a valuation of up to RM 1.5 billion, sources say https://www.businesstimes.com.sg/companies-markets/banking-finance/china-based-suspect-south-korea-bank-hacks-used-ai-claude-tools-crowdstrike-report Thu, 08 Oct 2026 04:34:02 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/china-based-suspect-south-korea-bank-hacks-used-ai-claude-tools-crowdstrike-report The actor was likely ‘financially motivated’ and also used a Chinese-developed open-source tool https://www.businesstimes.com.sg/singapore/we-will-not-stop-hiring-uob-ceo-plans-recruit-1000-graduates-ai-reshapes-entry-level-work Thu, 08 Oct 2026 04:00:00 +0000 Low Youjin Singapore Companies & Markets /singapore/we-will-not-stop-hiring-uob-ceo-plans-recruit-1000-graduates-ai-reshapes-entry-level-work The roles will include those in personal financial services and anti-money laundering https://www.businesstimes.com.sg/companies-markets/reinvented-pc-microsoft-says-new-laptop-nvidia-chip-outperforms-macbooks-ai-tasks Thu, 08 Oct 2026 03:54:07 +0000 Companies & Markets Startups & Tech Technology /companies-markets/reinvented-pc-microsoft-says-new-laptop-nvidia-chip-outperforms-macbooks-ai-tasks The Surface Laptop Ultra returns model prompts twice as fast as Apple’s MacBook Pro M5, says firm https://www.businesstimes.com.sg/companies-markets/amazons-fresh-job-cuts-hit-retail-division-under-1000-white-collar-staff-affected-source-says Thu, 08 Oct 2026 03:15:16 +0000 Companies & Markets International /companies-markets/amazons-fresh-job-cuts-hit-retail-division-under-1000-white-collar-staff-affected-source-says Founder Jeff Bezos says continued layoffs have been necessary as the firm overhired during Covid https://www.businesstimes.com.sg/companies-markets/dbs-ocbc-uob-rout-lops-billions-sti-inflation-rate-concerns-spook-investors Thu, 08 Oct 2026 02:32:10 +0000 Deon Loke Companies & Markets Banking & Finance /companies-markets/dbs-ocbc-uob-rout-lops-billions-sti-inflation-rate-concerns-spook-investors Regional bourses also retreat, tracking moves on Wall Street as bond yields continue to rise https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japan-south-korea-shares-fall-asian-stocks-drop-inflation-fears-oil-gains Thu, 08 Oct 2026 02:03:26 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/japan-south-korea-shares-fall-asian-stocks-drop-inflation-fears-oil-gains MSCI’s Asia Pacific index for equities slips 0.3% https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-prices-recover-two-month-low-us-dollar-rally-stalls Thu, 08 Oct 2026 01:16:52 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-prices-recover-two-month-low-us-dollar-rally-stalls Spot gold is up 0.7% at US$4,141.09 per ounce by 0140 GMT https://www.businesstimes.com.sg/companies-markets/samsung-reaches-new-profit-record-memory-chip-windfall Thu, 08 Oct 2026 01:04:18 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/samsung-reaches-new-profit-record-memory-chip-windfall Operating profit climbs to 107.4 trillion won, lifted by high-bandwidth memory demand https://www.businesstimes.com.sg/companies-markets/revolut-set-cbd-office-collyer-quay-puts-s350-million-singapore-expansion Thu, 08 Oct 2026 01:00:00 +0000 Deon Loke Companies & Markets Singapore /companies-markets/revolut-set-cbd-office-collyer-quay-puts-s350-million-singapore-expansion It plans to nearly double local headcount within the next three years https://www.businesstimes.com.sg/companies-markets/sk-hynixs-flash-memory-unit-solidigm-said-pick-banks-us-ipo-2027 Thu, 08 Oct 2026 00:33:35 +0000 Companies & Markets Capital Markets & Currencies International Startups & Tech Technology /companies-markets/sk-hynixs-flash-memory-unit-solidigm-said-pick-banks-us-ipo-2027 Goldman Sachs and Morgan Stanley are selected to work on the offering to raise around US$10 billion https://www.businesstimes.com.sg/companies-markets/stocks-watch-sia-capitaland-investment Thu, 08 Oct 2026 00:17:36 +0000 Deon Loke Companies & Markets New Articles /companies-markets/stocks-watch-sia-capitaland-investment [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Oct 8): https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-jumps-middle-east-supply-concerns-persist-amid-shipping-attacks Wed, 07 Oct 2026 22:09:13 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-jumps-middle-east-supply-concerns-persist-amid-shipping-attacks Threats to oil shipping in the Gulf and Hormuz have increased in October https://www.businesstimes.com.sg/companies-markets/european-shares-slip-after-three-day-gain-rise-oil-yields-weigh Wed, 07 Oct 2026 21:58:22 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/european-shares-slip-after-three-day-gain-rise-oil-yields-weigh The pan-European Stoxx 600 index is down 0.4% at 633.98 points by 0823 GMT https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-lower-record-highs-treasury-yields-climb Wed, 07 Oct 2026 21:54:38 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/wall-street-ends-lower-record-highs-treasury-yields-climb All three major US stock indices were modestly lower https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-opens-lower-bond-yields-and-oil-rebound-fed-minutes-focus Wed, 07 Oct 2026 14:26:20 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-opens-lower-bond-yields-and-oil-rebound-fed-minutes-focus All three major indices fell at the opening https://www.businesstimes.com.sg/companies-markets/banking-finance/bitcoin-falls-us650-million-risky-crypto-bets-wiped-out Wed, 07 Oct 2026 14:17:29 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/bitcoin-falls-us650-million-risky-crypto-bets-wiped-out The losses reflected a broader cooling in appetite for risk https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/assets-tokenize-xchange-founder-and-his-ex-wife-frozen-court-order Wed, 07 Oct 2026 14:14:18 +0000 Tay Peck Gek Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/assets-tokenize-xchange-founder-and-his-ex-wife-frozen-court-order Hong Qi Yu and Erin Koo are being sued by 249 ex-customers of the defunct crypto trading platform https://www.businesstimes.com.sg/singapore/crystal-jade-closes-four-more-outlets-cuts-120-jobs-ahead-proposed-sale Wed, 07 Oct 2026 12:52:43 +0000 Singapore Companies & Markets Consumer & Healthcare /singapore/crystal-jade-closes-four-more-outlets-cuts-120-jobs-ahead-proposed-sale This leaves Crystal Jade with nine operating outlets in Singapore https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europe-stocks-retreat-after-three-day-rally-rising-yields-oil-prices-dent-sentiment Wed, 07 Oct 2026 11:20:20 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/europe-stocks-retreat-after-three-day-rally-rising-yields-oil-prices-dent-sentiment Autos, however, rose 0.9% https://www.businesstimes.com.sg/companies-markets/banking-finance/us7-trillion-data-centre-boom-creating-gaps-insurance-cover-within-apac-report Wed, 07 Oct 2026 10:18:44 +0000 Ranamita Chakraborty Banking & Finance Companies & Markets Startups & Tech Technology /companies-markets/banking-finance/us7-trillion-data-centre-boom-creating-gaps-insurance-cover-within-apac-report There are interconnected and concentrated risks in power, construction, operations, cybersecurity and downtime https://www.businesstimes.com.sg/singapore/car-coe-premiums-resist-slow-market-remain-above-s130000 Wed, 07 Oct 2026 10:17:54 +0000 Derryn Wong Singapore Companies & Markets Transport & Logistics /singapore/car-coe-premiums-resist-slow-market-remain-above-s130000 Despite cautious bidding and weak sales, aggressive bids and orders on hand keep premiums buoyant https://www.businesstimes.com.sg/companies-markets/singapore-shares-fall-ocbc-uob-lead-stis-1-6-decline-wednesday Wed, 07 Oct 2026 10:14:43 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-shares-fall-ocbc-uob-lead-stis-1-6-decline-wednesday Across the broader Singapore market, gainers edge out losers 270 to 269 https://www.businesstimes.com.sg/esg/singapore-may-be-able-import-only-half-2035-clean-energy-target-report Wed, 07 Oct 2026 10:08:04 +0000 Janice Lim ESG Asean Companies & Markets Energy & Commodities International Singapore /esg/singapore-may-be-able-import-only-half-2035-clean-energy-target-report Energy Market Authority-approved projects with a total capacity of 9.25 GW await construction https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-air-india-expand-code-share-flights-reciprocal-mileage-perks Wed, 07 Oct 2026 09:04:25 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sia-air-india-expand-code-share-flights-reciprocal-mileage-perks The offerings come as part of the first phase of initiatives under a pact signed in January https://www.businesstimes.com.sg/international/south-korea-unveils-us747-billion-energy-transition-plan-through-2035 Wed, 07 Oct 2026 09:04:01 +0000 International Companies & Markets Energy & Commodities /international/south-korea-unveils-us747-billion-energy-transition-plan-through-2035 The country is targeting 100 gigawatts of renewable energy capacity by 2030 https://www.businesstimes.com.sg/opinion-features/whats-taking-hongkong-land-fund-so-long-seal-marina-one-deal Wed, 07 Oct 2026 08:59:19 +0000 Kalpana Rashiwala Opinion & Features Columns Commercial & Industrial Companies & Markets New Articles Property Reits & Property /opinion-features/whats-taking-hongkong-land-fund-so-long-seal-marina-one-deal The sheer asset size may mean the fund could require more time to raise equity https://www.businesstimes.com.sg/singapore/coe-premiums-fall-across-most-categories-cat-ends-s130001 Wed, 07 Oct 2026 08:47:35 +0000 Singapore Companies & Markets Transport & Logistics /singapore/coe-premiums-fall-across-most-categories-cat-ends-s130001 Prices across the other categories dipped, except for Open category (Category E) https://www.businesstimes.com.sg/companies-markets/energy-commodities/lubrizol-expands-singapore-rd-hub-boost-innovation-specialty-chemicals-sector Wed, 07 Oct 2026 07:44:22 +0000 Shikhar Gupta Energy & Commodities Companies & Markets /companies-markets/energy-commodities/lubrizol-expands-singapore-rd-hub-boost-innovation-specialty-chemicals-sector The new lab space aims to help industry customers improve speed to market amid growing Asian demand https://www.businesstimes.com.sg/companies-markets/jardine-matheson-s-e-asia-downgraded-underperform-macquarie-counter-closes-7-7-lower Wed, 07 Oct 2026 07:35:34 +0000 Deon Loke Companies & Markets /companies-markets/jardine-matheson-s-e-asia-downgraded-underperform-macquarie-counter-closes-7-7-lower Research house lowers its 12-month target price by 10% to S$23.50 from S$26 https://www.businesstimes.com.sg/companies-markets/energy-commodities/shell-sees-refining-margins-hitting-record-high-third-quarter Wed, 07 Oct 2026 07:29:24 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/shell-sees-refining-margins-hitting-record-high-third-quarter Oil companies are expected to reap a windfall from the Iran war as higher energy prices boost revenues https://www.businesstimes.com.sg/singapore/major-data-centres-meet-stricter-security-resilience-rules-passing-new-bill Wed, 07 Oct 2026 07:14:08 +0000 Singapore Companies & Markets Telcos, Media & Tech /singapore/major-data-centres-meet-stricter-security-resilience-rules-passing-new-bill [SINGAPORE] Large data centres that underpin critical digital services in Singapore will need to account for a range of risks from physical and operational continuity... https://www.businesstimes.com.sg/property/goodmans-japanese-data-centre-comes-under-fire-following-sydney-site-setback Wed, 07 Oct 2026 06:29:27 +0000 Property Companies & Markets Telcos, Media & Tech /property/goodmans-japanese-data-centre-comes-under-fire-following-sydney-site-setback The data centre is adjacent to a residential block, a hospital and a nursing home https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-central-bank-lifts-rates-first-time-nearly-four-years Wed, 07 Oct 2026 05:55:12 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/indias-central-bank-lifts-rates-first-time-nearly-four-years The RBI’s six-member monetary policy committee votes unanimously to raise the benchmark repurchase rate by 25 bps to 5.5% https://www.businesstimes.com.sg/companies-markets/biggest-paradigm-shift-wwii-global-ceo-panel-discusses-new-world-order-ai-sees-opportunities Wed, 07 Oct 2026 05:50:04 +0000 Jean Low Companies & Markets Telcos, Media & Tech /companies-markets/biggest-paradigm-shift-wwii-global-ceo-panel-discusses-new-world-order-ai-sees-opportunities Speakers describe the future as volatile; opportunities are in resilience, globalisation, broad adoption of AI https://www.businesstimes.com.sg/companies-markets/banking-finance/hsbc-plans-job-cuts-across-uk-wealth-business-ai-push-report Wed, 07 Oct 2026 05:42:56 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/hsbc-plans-job-cuts-across-uk-wealth-business-ai-push-report Affected employees are expected to leave by the end of the month https://www.businesstimes.com.sg/companies-markets/ai-bubble-may-burst-soon-amid-financing-concentration-rising-rates-ray-dalio Wed, 07 Oct 2026 05:16:34 +0000 Tan Nai Lun Companies & Markets Capital Markets & Currencies /companies-markets/ai-bubble-may-burst-soon-amid-financing-concentration-rising-rates-ray-dalio The technology is a ‘classic bubble’ that begins to pop as rates climb, warns billionaire https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korean-investors-suffer-us1-7-billion-losses-leveraged-etfs Wed, 07 Oct 2026 04:56:14 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/south-korean-investors-suffer-us1-7-billion-losses-leveraged-etfs The sum has been incurred from products tied to Samsung Electronics and SK Hynix https://www.businesstimes.com.sg/companies-markets/energy-commodities/jurong-island-energy-storage-system-not-part-core-power-reserves-tan-see-leng Wed, 07 Oct 2026 04:41:22 +0000 Shikhar Gupta Energy & Commodities Companies & Markets Singapore /companies-markets/energy-commodities/jurong-island-energy-storage-system-not-part-core-power-reserves-tan-see-leng EMA is evaluating how Singapore’s power system can incorporate such energy storage in future planning https://www.businesstimes.com.sg/companies-markets/lucrative-business-cooling-hotter-world Wed, 07 Oct 2026 04:22:17 +0000 Companies & Markets /companies-markets/lucrative-business-cooling-hotter-world The constant struggle to stay alive and functioning in higher temperatures will become the new normal https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/diverging-trajectories-taiwan-dethrones-south-korea-atop-global-markets-ai-trade-widens Wed, 07 Oct 2026 03:25:27 +0000 Capital Markets & Currencies Companies & Markets Startups & Tech Technology /companies-markets/capital-markets-currencies/diverging-trajectories-taiwan-dethrones-south-korea-atop-global-markets-ai-trade-widens The Taiex and Kospi have traded places at the top of the global leaderboard in 2026 https://www.businesstimes.com.sg/companies-markets/ocbc-sheds-s8-billion-value-shares-close-nearly-6-down-analysts-cautious-banks Wed, 07 Oct 2026 03:02:15 +0000 Deon Loke Companies & Markets Banking & Finance /companies-markets/ocbc-sheds-s8-billion-value-shares-close-nearly-6-down-analysts-cautious-banks Citi downgrades OCBC to ‘sell’, but RHB maintains ‘overweight’ rating https://www.businesstimes.com.sg/international/asean/ftse-russell-keeps-indonesias-market-status-unchanged-continues-reform-review Wed, 07 Oct 2026 02:30:41 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/ftse-russell-keeps-indonesias-market-status-unchanged-continues-reform-review The index provider says it is assessing the effectiveness of recently implemented reforms https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-hong-kong-tech-shares-fall-asian-stocks-decline-despite-wall-street-rally Wed, 07 Oct 2026 01:42:30 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/south-korea-hong-kong-tech-shares-fall-asian-stocks-decline-despite-wall-street-rally MSCI’s Asia Pacific equities gauge drops 0.6% as the S&P 500 and Nasdaq 100 indices notch records https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-us-dollar-gains-investors-await-fed-minutes-rate-clues Wed, 07 Oct 2026 01:27:01 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-slips-us-dollar-gains-investors-await-fed-minutes-rate-clues Spot gold falls 0.6% to US$4,138.34 per ounce by 0451 GMT https://www.businesstimes.com.sg/international/global/musks-spacex-talks-borrow-us40-billion-buy-nvidia-chips Wed, 07 Oct 2026 01:07:37 +0000 Global Companies & Markets International Startups & Tech Technology /international/global/musks-spacex-talks-borrow-us40-billion-buy-nvidia-chips Firms are investing and borrowing billions to build and lease data centres that power AI systems https://www.businesstimes.com.sg/companies-markets/stock-watch-esr-reit Wed, 07 Oct 2026 00:16:23 +0000 Deon Loke Companies & Markets New Articles /companies-markets/stock-watch-esr-reit [SINGAPORE] The following company saw new developments that may affect trading of its securities on Wednesday (Oct 7): https://www.businesstimes.com.sg/startups-tech/technology/apples-smart-home-push-includes-doorbell-lock-thermostat-co-developed-lg Tue, 06 Oct 2026 23:50:53 +0000 Technology Companies & Markets Startups & Tech /startups-tech/technology/apples-smart-home-push-includes-doorbell-lock-thermostat-co-developed-lg The firm’s new devices are set to be introduced on Oct 13 https://www.businesstimes.com.sg/companies-markets/banking-finance/legitimate-concern-jpmorgan-ceo-dimon-says-anthropics-mythos-pushed-cyber-risk-10-times Tue, 06 Oct 2026 22:54:13 +0000 Banking & Finance Companies & Markets Startups & Tech Technology /companies-markets/banking-finance/legitimate-concern-jpmorgan-ceo-dimon-says-anthropics-mythos-pushed-cyber-risk-10-times AI has ‘created vulnerabilities that we didn’t know about’, he notes https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-advances-vessel-attacks-challenge-rising-hormuz-shipments Tue, 06 Oct 2026 22:08:46 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-advances-vessel-attacks-challenge-rising-hormuz-shipments Brent rises above US$101 a barrel as West Texas Intermediate nears US$90 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-retreating-bond-yields-and-oil-prices-boost-risk-appetite Tue, 06 Oct 2026 21:55:38 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-rise-retreating-bond-yields-and-oil-prices-boost-risk-appetite Most sectors end higher, with travel and leisure stocks up 1.4%, leading gains https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-reach-record-closing-highs-focus-pivots-earnings Tue, 06 Oct 2026 21:49:28 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/sp-500-nasdaq-reach-record-closing-highs-focus-pivots-earnings Six of the ‘Magnificent Seven’ group of AI-linked firms advance; small-caps lag larger-caps https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/paramount-completes-us110-billion-warner-bros-merger-creating-hollywood-giant-skydance Tue, 06 Oct 2026 14:03:38 +0000 Telcos, Media & Tech Companies & Markets Lifestyle /companies-markets/telcos-media-tech/paramount-completes-us110-billion-warner-bros-merger-creating-hollywood-giant-skydance It will now be home to dozens of TV networks and two major subscription streaming services, Paramount+ and HBO Max https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-hits-intraday-record-high-ai-rally-continues Tue, 06 Oct 2026 13:54:09 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-sp-500-hits-intraday-record-high-ai-rally-continues Optimism around the AI trade and expectations of strong corporate earnings have helped lift US stocks lately https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-liquidity-deep-enough-asian-western-hubs-coexist-hong-kong-and-singapore-say Tue, 06 Oct 2026 13:41:03 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-liquidity-deep-enough-asian-western-hubs-coexist-hong-kong-and-singapore-say Singapore sees strong growth in Asian gold demand https://www.businesstimes.com.sg/companies-markets/scalability-digital-assets-hinges-boring-risk-management-systems-summit-participants Tue, 06 Oct 2026 13:40:07 +0000 Benicia Tan Companies & Markets New Articles /companies-markets/scalability-digital-assets-hinges-boring-risk-management-systems-summit-participants SGX’s chief risk officer says sound risk management is not necessarily at odds with innovation  https://www.businesstimes.com.sg/companies-markets/energy-commodities/middle-east-oil-flows-around-14-million-barrels-day-help-avert-us200-barrel-oil-vitol-ceo Tue, 06 Oct 2026 12:40:33 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/middle-east-oil-flows-around-14-million-barrels-day-help-avert-us200-barrel-oil-vitol-ceo The global oil market had proven fairly resilient to various disruptions this year, Hardy said https://www.businesstimes.com.sg/international/south-korea-investigates-possible-use-ai-hacks-its-banks Tue, 06 Oct 2026 12:04:13 +0000 International Banking & Finance Companies & Markets /international/south-korea-investigates-possible-use-ai-hacks-its-banks Personal credit information have been leaked https://www.businesstimes.com.sg/companies-markets/esr-reit-recovers-around-75-outstanding-arrears-australia-rent-default Tue, 06 Oct 2026 10:59:56 +0000 Tan Nai Lun Companies & Markets Reits & Property /companies-markets/esr-reit-recovers-around-75-outstanding-arrears-australia-rent-default A tenant defaulted on rent payments in August, resulting in arrears of A$12.2 million https://www.businesstimes.com.sg/companies-markets/dbs-tops-trades-smaller-board-lots-debut-revised-sgx-framework Tue, 06 Oct 2026 10:45:23 +0000 Chloe Lim Companies & Markets Capital Markets & Currencies /companies-markets/dbs-tops-trades-smaller-board-lots-debut-revised-sgx-framework Jardine Matheson Holdings sees strongest adoption, with one-third of day’s trades executed in 10-share lots https://www.businesstimes.com.sg/companies-markets/bain-gic-explore-ipo-or-sale-japans-whi-valuation-about-us3-2-billion-sources Tue, 06 Oct 2026 10:11:46 +0000 Companies & Markets /companies-markets/bain-gic-explore-ipo-or-sale-japans-whi-valuation-about-us3-2-billion-sources Bain and GIC could still decide to retain ownership https://www.businesstimes.com.sg/companies-markets/singapore-shares-track-wall-street-gains-tuesday-sti-0-7 Tue, 06 Oct 2026 10:08:15 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-shares-track-wall-street-gains-tuesday-sti-0-7 DFI Retail Group leads gainers on the blue-chip index https://www.businesstimes.com.sg/international/global/wall-street-bonuses-poised-hit-record-annual-profits-forecast-top-us90-billion Tue, 06 Oct 2026 10:01:48 +0000 Global Banking & Finance Companies & Markets International /international/global/wall-street-bonuses-poised-hit-record-annual-profits-forecast-top-us90-billion Annual earnings would comfortably surpass last year’s record of US$65.1 billion, according to a report https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-near-one-week-highs Tue, 06 Oct 2026 08:32:26 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-rise-near-one-week-highs The euro hovered near a 17-month low https://www.businesstimes.com.sg/companies-markets/singapore-firms-payment-delays-worsen-third-straight-quarter-q3-sccb Tue, 06 Oct 2026 08:02:14 +0000 Deon Loke Companies & Markets Singapore /companies-markets/singapore-firms-payment-delays-worsen-third-straight-quarter-q3-sccb Ongoing trends highlight financial strain on local businesses, says bureau’s CEO Audrey Chia https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/top-glove-q4-profit-surges-352-6-rm157-6-million-demand-supply-balance-improves Tue, 06 Oct 2026 07:09:36 +0000 Evan See Consumer & Healthcare Companies & Markets /companies-markets/consumer-healthcare/top-glove-q4-profit-surges-352-6-rm157-6-million-demand-supply-balance-improves The stronger global demand for gloves and tightened supply from the Middle East crisis boost margins https://www.businesstimes.com.sg/companies-markets/banking-finance/ai-appears-have-been-used-bank-hacks-south-koreas-lee Tue, 06 Oct 2026 07:04:52 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/ai-appears-have-been-used-bank-hacks-south-koreas-lee Police are investigating breaches affecting several major lenders; details of alleged artificial intelligence tools used remain undisclosed https://www.businesstimes.com.sg/companies-markets/reits-property/hong-kong-property-developer-new-world-seeks-more-time-pay-bonds-exchange-offer Tue, 06 Oct 2026 06:58:01 +0000 Reits & Property Companies & Markets International Property /companies-markets/reits-property/hong-kong-property-developer-new-world-seeks-more-time-pay-bonds-exchange-offer The company has been grappling with tight credit conditions and a prolonged market downturn https://www.businesstimes.com.sg/companies-markets/banking-finance/boj-may-signal-underlying-inflation-has-hit-2-goal-sources Tue, 06 Oct 2026 06:32:18 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/boj-may-signal-underlying-inflation-has-hit-2-goal-sources The BOJ raised its key rate to a 31-year high in September https://www.businesstimes.com.sg/international/global/china-japan-may-pull-back-us-debt-billionaire-investor-ray-dalio-warns Tue, 06 Oct 2026 06:04:40 +0000 Global Banking & Finance Companies & Markets International /international/global/china-japan-may-pull-back-us-debt-billionaire-investor-ray-dalio-warns The two countries have already been paring their holdings  https://www.businesstimes.com.sg/companies-markets/herd-mentality-seen-private-market-fund-flows-asia-offers-diversification-lombard-odier Tue, 06 Oct 2026 05:54:30 +0000 Jean Low Companies & Markets New Articles /companies-markets/herd-mentality-seen-private-market-fund-flows-asia-offers-diversification-lombard-odier Surge in redemptions this year mirrors the earlier rush to ‘pile into’ the asset class https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/deepseek-raise-least-us12-billion-tencent-backed-funding Tue, 06 Oct 2026 05:49:36 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/deepseek-raise-least-us12-billion-tencent-backed-funding The funding round sets the stage for one of the most highly anticipated Chinese market debuts in years https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/mas-third-eqdp-shot-s1-45-billion-catalyst-small-and-mid-caps-catch-jpmorgan Tue, 06 Oct 2026 05:36:50 +0000 Chloe Lim Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/mas-third-eqdp-shot-s1-45-billion-catalyst-small-and-mid-caps-catch-jpmorgan The liquidity injection, however, will take some time to trickle down https://www.businesstimes.com.sg/companies-markets/fire-safety-specialist-deluge-corp-aims-raise-s23-million-ipo-s0-60-share Tue, 06 Oct 2026 05:14:02 +0000 Jeanne Mah Companies & Markets /companies-markets/fire-safety-specialist-deluge-corp-aims-raise-s23-million-ipo-s0-60-share It wants to power larger projects, acquisitions and regional growth; trading is expected to start Oct 16 https://www.businesstimes.com.sg/companies-markets/nvidia-backed-startup-reflection-unveils-open-weight-ai-model-said-rival-china-offerings Tue, 06 Oct 2026 05:09:30 +0000 Companies & Markets International Startups Startups & Tech Technology /companies-markets/nvidia-backed-startup-reflection-unveils-open-weight-ai-model-said-rival-china-offerings Beam is designed to perform well for coding and agent tasks and costs less than many competitors, says the firm https://www.businesstimes.com.sg/companies-markets/banking-finance/banks-chase-risky-chip-loans-asias-us8-2-trillion-ai-buildout Tue, 06 Oct 2026 04:37:11 +0000 Banking & Finance Companies & Markets International Startups & Tech Technology /companies-markets/banking-finance/banks-chase-risky-chip-loans-asias-us8-2-trillion-ai-buildout With lenders a bigger funding source, firms must do more to prove projects will generate enough revenue https://www.businesstimes.com.sg/companies-markets/ocbc-initiates-egp-energy-buy-target-price-s1-05 Tue, 06 Oct 2026 03:58:34 +0000 Deon Loke Companies & Markets New Articles /companies-markets/ocbc-initiates-egp-energy-buy-target-price-s1-05 Fair value estimate implies a 43% upside from the stock’s last closing price of S$0.73 https://www.businesstimes.com.sg/companies-markets/energy-commodities/ema-launches-tender-energy-infrastructure-cluster-pulau-tekong-could-include-lng-terminal Tue, 06 Oct 2026 03:55:22 +0000 Shikhar Gupta Energy & Commodities Companies & Markets Singapore /companies-markets/energy-commodities/ema-launches-tender-energy-infrastructure-cluster-pulau-tekong-could-include-lng-terminal The proposed 200-ha site could also include hydrogen-ready natural gas-fired power plants https://www.businesstimes.com.sg/companies-markets/moonshot-said-eye-hong-kong-ipo-early-2027-after-value-hits-us50-billion Tue, 06 Oct 2026 03:18:35 +0000 Companies & Markets Capital Markets & Currencies Startups & Tech Technology /companies-markets/moonshot-said-eye-hong-kong-ipo-early-2027-after-value-hits-us50-billion The Chinese AI champion is reportedly considering raising up to US$5 billion in the deal https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-inches-lower-firmer-us-dollar-higher-yields-weigh Tue, 06 Oct 2026 01:20:46 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-inches-lower-firmer-us-dollar-higher-yields-weigh Spot gold slips 0.3% to US$4,128.83 per ounce by 0400 GMT https://www.businesstimes.com.sg/lifestyle/worlds-biggest-business-class-coming-british-airways-a380s-amid-upscale-travel-rush Tue, 06 Oct 2026 01:08:15 +0000 Lifestyle Companies & Markets International Transport & Logistics /lifestyle/worlds-biggest-business-class-coming-british-airways-a380s-amid-upscale-travel-rush Changes to cut jets’ seating capacity, with bulk of reductions at the economy class cabins’ expense https://www.businesstimes.com.sg/companies-markets/trader-radiant-world-misses-salary-payments-singapore-and-other-staff-september Tue, 06 Oct 2026 00:34:21 +0000 Companies & Markets Energy & Commodities /companies-markets/trader-radiant-world-misses-salary-payments-singapore-and-other-staff-september Employees in China and Europe also say they have not been paid wages on the usual schedule https://www.businesstimes.com.sg/companies-markets/stocks-watch-civmec-aspial-lifestyle Tue, 06 Oct 2026 00:21:29 +0000 Deon Loke Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-civmec-aspial-lifestyle [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 6):