Business sentiment

Amex to slash 5% of headcount as CEO seeks to reduce expenses

The move will affect about 3,500 jobs.

Hong Kong’s rail company MTR bets $6.3 billion on a city that doesn’t exist yet

Under the government’s plan, half a million new homes will be constructed, helping increase the area’s population to 2.5 million.

Honeywell Aerospace sees business aviation growth on rising aircraft use

Honeywell Aerospace expects global business aviation flight hours to increase about 34% through 2035.

Family offices ‘kept captive’ by relationship managers turn to independent advisers, direct deals

(From left) Sean Tan and Anupum Khaitan, who co-founded the Private Family Society in August, a community for family office principals, executives and chief investment officers across APAC.

Tencent draws strong demand for US$4.5 billion debt sale, defying AI scrutiny

The sale comes as technology firms globally raise billions of dollars to finance AI investments.

Jardine Matheson raises 2026 earnings guidance as high as US$5.65 per share

Shares of Jardine Matheson closed 1.6% or US$0.90 lower at US$55.83 on Oct 12.

Japan was never normal – and it’s not going to be now

Comments by Ryosei Akazawa, Japan’s minister for economy, trade and industry, may imply that Japan’s approach to capitalism needs an overhaul, but the writer argues that thinking in terms of “new normals” is the wrong way to form business policy for Japan, which resists many definitions of normality.

Bahrain F1 race in Malaysia delivers $108.1 million windfall to local micro SMEs

Based on the success and economic spillover effect, Malaysia could benefit from international sporting events such as the G1 as a platform for SMEs to have wider opportunities and market access.

Forum: Happy to see Joo Chiat turned into a car-free street of visitors and activities

Ukraine scrambles for money to fight war as Russian strikes batter economy

FILE PHOTO: Rescuers with a dog work at a site of a shopping centre destroyed by yesterday's Russian drone attack, amid Russia's attack on Ukraine, in the city of Kryvyi Rih, Dnipropetrovsk region, Ukraine August 22, 2026. REUTERS/Serhii Chalyi/File Photo

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.