Daily Debrief: What Happened Today (Nov 7)

Stories you might have missed

DBS sees upside to 2025 profits under Trump administration

DBS expects its pre-tax profits for 2025 will be around 2024 levels, but chief executive Piyush Gupta sees potential upsides to its income under a Donald Trump administration in the US.


Latest Singapore 6-month T-bill cut-off yield rises to 3.04%

THE cut-off yield on Singapore’s latest six-month Treasury bill rose to 3.04 per cent, auction results released by the Monetary Authority of Singapore on Thursday (Nov 7) showed.


Sabic opens S$220 million thermoplastic plant in Singapore

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diversified chemicals firm Saudi Basic Industries Corporation on Thursday opened a S$220 million manufacturing facility in Singapore to produce the high-performance thermoplastic, Ultem resin.


AstraZeneca’s US$1.5 billion manufacturing plant to create over 800 jobs in Singapore

ASTRAZENECA plans to hire more than 800 employees in Singapore including engineering, technical services and global supply chain roles at its upcoming US$1.5 billion Singapore manufacturing facility in Tuas South. 


Singapore could face higher costs, slower growth as Trump’s win heralds a protectionist shift

THE export-driven Singapore economy is bracing for the likelihood of higher tariffs globally as Donald Trump returns to the White House to serve a second term as US president, four years after Joe Biden evicted him.


Tech, manufacturing and China-linked stocks on the line as Asia braces for Trump 2.0

ASIAN and Singapore stocks in the tech and manufacturing sector, as well as those with exposure to China, look set to take a hit in the short term as Asia contends with a Trump 2.0 presidency.

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The Business Times: