Banking

• Oct 29, 2026 Singapore Caps Private-Hire Car Financing at 70% for Many Individual Buyers From Oct 30, individual private-hire car buyers face the financing limits for private cars. The change aims to curb over-borrowing, though COE demand may hold.
• Oct 29, 2026 Euro Holds Near US$1.1148 as ECB Decision Meets Heavy Short Positioning The euro is down 2% in October as traders weigh France’s debt concerns, the ECB’s inflation stance and shifting expectations for US interest rates.
• Oct 29, 2026 Mi Material posts US$11.4 million Q3 adjusted profit as nine-month revenue reaches US$91.5 million Mi Material’s nine-month adjusted profit exceeded its FY2025 total, while the company expects Q4 revenue to top Q3 on seasonal demand.
• Oct 29, 2026 CapitaLand Ascendas Reit Rental Reversion Rises to 9.9% as Portfolio Shifts Q3 rental reversion reached 9.9% as occupancy improved sequentially. Acquisitions and planned sales reshape the portfolio and its leverage.
• Oct 29, 2026 Fed Rate Pause Meets Asian Market Uncertainty as Singapore Companies Report Moves The Fed held rates at 3.75% to 4% as AI, energy costs and company-specific developments shaped the day’s Asian market stories.
• Oct 29, 2026 Singapore SME Investment Into Malaysia More Than Quadruples at Standard Chartered Standard Chartered says Singapore SME investment it facilitated in Malaysia grew more than fourfold, with much of it entering the Johor-Singapore zone.
• Oct 29, 2026 Singapore Shares Edge Lower as Wilmar and UltraGreen.ai Weigh on Market The STI slipped 0.03% as decliners outnumbered gainers. Wilmar fell 4.9%, while UltraGreen.ai dropped 15.9% after lowering its revenue outlook.
• Oct 29, 2026 Fico at Tanjong Beach Club Brings Puglian Cooking to Sentosa Mirko Febbrile’s Fico pairs straightforward Italian cooking with a beachside setting; menu highlights include focaccina, grilled seafood and generous desserts.
• Oct 29, 2026 Four Workplace Stories Show How Poor Boundaries Strain Young Employees From public scoldings to unwanted mediation, four young workers describe the workplace moments that tested their patience and confidence.
• Oct 29, 2026 UK Budget Offers Household Energy Relief as Growth Slows and Debt Costs Rise A £2.6 billion household payment offers short-term help, while weaker growth, falling real incomes and higher debt interest constrain the outlook.
• Oct 29, 2026 Google expands Singapore healthcare AI work with NHG Health programme and research hub Google’s Singapore plans pair population health forecasting with clinical AI evaluation, while a new research hub connects local institutions with global teams.
• Oct 29, 2026 Warsh’s Rate Hold Signals Patience as AI Investment Broadens The Fed kept rates at 3.75 to 4 per cent as Warsh pointed to tighter financial conditions, AI-driven productivity and stubborn inflation risks.
• Oct 29, 2026 Hong Kong Builds a Performing Arts Export Business Around Home-Grown Shows A Bruce Lee ballet and the success of The Impossible Trial anchor Hong Kong’s bid to create and export original stage productions.
• Oct 29, 2026 Asian Markets Face AI Earnings Divergence and Energy Costs as US Rates Hold The US rate pause leaves Asia’s markets focused on mixed AI results, energy costs and differing regional inflation and currency pressures.
• Oct 29, 2026 Hyundai Q3 Operating Profit Rises 5.5% as 2026 Targets Are Cut Hyundai’s third-quarter profit beat forecasts, but lower sales, margin and vehicle targets point to pressure from model age, work stoppages and EV competition.
• Oct 29, 2026 Sentosa and Tada Plan Public Autonomous Shuttle Rides for Early 2027 Two eight-seat shuttles are planned for Sentosa, with 27 stops and daily service from 1 pm to 7 pm. The first phase will cover the island’s west.
• Oct 29, 2026 Wilmar Shares Fall 4.9% as Core Profit Drops and Plantation Fire Inquiry Continues Wilmar’s shares are down more than 20% in six months as lower core profit and an Indonesian inquiry weigh on the company.
• Oct 29, 2026 Iran Calls Qatar’s Latest Peace Draft Unacceptable as Gulf Shipping Risks Persist Tehran disputes whether Qatar’s draft is a genuine offer, while Houthi attacks raise fresh concerns about oil supply and key shipping routes.
• Oct 29, 2026 Gold Holds Near US$4,050 After Rate Hold Leaves December Path Unclear Gold recovered its losses after rates stayed unchanged, but firm yields and energy-led inflation continue to limit a rebound.
• Oct 28, 2026 Poundland Faces Break-Up Risk as £30m Loan Stalls Takeover Bid Poundland is preparing for insolvency proceedings after its owner rejected a takeover offer, putting its 600 stores and nearly 12,000 jobs in focus.