News
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
[SINGAPORE] Shares of OCBC dropped nearly 6 per cent on Wednesday (Oct 7), with the bank downgraded by Citi from “neutral” to “sell” earlier on the same day.Analysts remained...
FTSE Russell keeps Indonesia’s market status unchanged, continues reform review
The index provider says it is assessing the effectiveness of recently implemented reformsPublished Wed, Oct 7, 2026 · 10:30 AM[BENGALURU] FTSE Russell said Indonesia’s Secondary Emerging market status remains...
South Korea’s Kospi drags Asian stocks lower after Wall Street rally, oil gains
MSCI’s Asia Pacific equities gauge slips 0.1% as the S&P 500 and Nasdaq 100 indices notch recordsPublished Wed, Oct 7, 2026 · 09:42 AMASIAN shares edged lower on Wednesday...
Stock to watch: ESR-Reit
[SINGAPORE] The following company saw new developments that may affect trading of its securities on Wednesday (Oct 7): ESR-Reit : The real estate investment trust (Reit) manager said on...
Oil prices stable as market weighs supply risks, rising Middle East exports
Brent futures rise 0.3% to US$100.58 a barrel; US West Texas Intermediate crude climbs to US$89.44Published Wed, Oct 7, 2026 · 06:08 AM[NEW YORK] Oil prices were little changed...
How the family behind ‘The Bold and the Beautiful’ is branching into microdramas
On the set of CBS’ legacy soap opera “The Bold and the Beautiful” at the Sunset Las Palmas Studios in Hollywood, two actors were caught in a fiery exchange....
Paramount completes US$110 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 MaxPARAMOUNT Skydance closed its US$110 billion acquisition of Warner Bros...
Middle East oil flows of around 14 million barrels a day help avert US$200-a-barrel oil: Vitol CEO
The global oil market had proven fairly resilient to various disruptions this year, Hardy saidPublished Tue, Oct 6, 2026 · 08:40 PM[LONDON] Around 12 million barrels per day of...
South Korea investigates possible use of AI in hacks on its banks
Published Tue, Oct 6, 2026 · 08:04 PMSOUTH Korean officials are investigating whether artificial intelligence agents were involved in recent hacking incidents against banks in the country.President Lee Jae...
ESR-Reit recovers around 75% of outstanding arrears from Australia rent default
A tenant defaulted on rent payments in August, resulting in arrears of A$12.2 million[SINGAPORE] ESR-Reit has recovered around 75 per cent of outstanding arrears resulting from a default in...
