Singapore, today.
The stories worth research and the dated events still to come, as the day’s reports told them, written twice a day. Every line links to the report it came from.
Written . Mool writes the notes from the day’s reports; the sources are the publishers’ own, and nothing here is a view on a security.
Singapore notes
Stories
CompanyGreat Eastern
Great Eastern’s third-quarter net profit fell 72% on weaker valuations and a divestment loss; it expects a challenging near-to-medium-term investment outlook
The Business Times
Policy
MAS said banks should assess and monitor material environmental risks, while five Singapore-registered firms agreed to cooperate with haze assessors
MAS
CompanyWilmar International
Wilmar said sales to six firms issued notices under Singapore’s haze law totalled 371.3 billion rupiah, and it had no operational relationship with them
The Business Times
IPO
Temasek-owned Mapletree Investments is preparing for a potential SGX IPO in 2027, according to sources and reports from a results briefing
The Business Times
Global
The Mercosur-Singapore free trade agreement entered into force, removing import tariffs on 96% of products for up to 15 years
The Business Times
CompanyUOL, CapitaLand Development
Thomson Reserve sold 1,143 of 1,268 units at an average S$2,900 psf over its launch weekend
The Business Times
CompanyMetrocon Holdings
Metrocon Holdings chairman Alvin Lim resigned after being charged with operating a workers’ dormitory without a licence
The Edge Singapore
CompanyJapan Foods
Japan Foods returned to profit after closing nearly a third of its Singapore outlets and shifting focus to halal dining and affordable meals
The Business Times
Economy
Singapore’s Q3 retrenchments reached a near six-year high despite job growth, according to a report discussed by UOB economist Lee Sue Ann
CNA
Sector
One in five Q3 resale transactions in Singapore’s Core Central Region was loss-making; the islandwide share rose to 4.6%
The Business Times
Economy
China’s official manufacturing PMI fell to 49.3 in October from 50.1 in September, indicating a return to contraction
The Business Times
Global
OPEC+ kept its December oil production targets unchanged
CNA
Global
The Bank of Japan held interest rates, while the yen gained against the US dollar
The Business Times
Global
The Federal Reserve held its policy rate at 3.75% to 4% on Oct 28
The Business Times
Global
China’s large banks reported their fastest quarterly profit growth in years as margins stabilised
The Straits Times
Company
SP Group aims to triple its China district-cooling capacity within five years
The Business Times
Global
China announced a 1.25% rate for overnight reverse-repurchase operations and said it would begin conducting them daily from Monday
The Business Times
Global
Asian shares declined amid concerns about the scale and sustainability of AI investment; technology leadership in US markets also faced scrutiny
CNA
Ahead
UOB Q3 results
Company, UOBThe Business Times, 2 Nov
DBS Q3 results
Company, DBSThe Business Times, 2 Nov
Make the next brief relevant to your holdings.
10 days of Pro, or of Firm on a work email address to start. No card needed.