News Digest

Report generated Saturday, 7 November 2026 at 08:15 SGT, Singapore time.

Pagoda Street, Chinatown
Pagoda Street, Chinatown
STI
5179.17
▼ 2.2106%
Nasdaq futures
27107.5
▲ 1.3289%
SGD/MYR
3.1634
▼ 0.0474%
USD/SGD
1.2825
▲ 0.3364%
Bitcoin (USD)
75840.94
▲ 0.1319%
Gold 1g (SGD)
168.21
▼ 0.4901%

Market items are news summaries only, not investment advice.

Malaysia / Singapore News

Malay Mail

EC sets Sarawak state election for Dec 12, nomination Nov 28

The Election Commission has officially set December 12 for the Sarawak state election, with nominations scheduled to take place on November 28. The announcement establishes a clear timeline for Malaysia's upcoming regional political contest.

World News

Al Jazeera

Paraguay’s president impeached amid bank collapse crisis

Paraguayan lawmakers have voted to impeach President Santiago Pena following a severe banking collapse that has destabilized the country. The crisis has intensified scrutiny over state influence and accountability regarding the failed financial institution.

New Al Jazeera

US urges China to honour Busan trade deal commitments

The United States is urging China to fulfill its commitments under the Busan trade deal, which was designed to reduce tariffs and ease technology restrictions. Progress on these economic measures now depends entirely on Beijing's adherence to the agreed terms.

New Al Jazeera

Global tech stocks plunge over fears of AI curbs in US

Global technology markets experienced a significant sell-off as investors reacted to concerns over potential US curbs on artificial intelligence development. Asian trading sessions closely tracked the downturn in Western stocks following recent midterm election results.

Al Jazeera

Ukraine raises Zaporizhia aid strike death toll to at least 50

Ukrainian officials have updated the death toll from a recent strike on the Zaporizhia region to at least 50 fatalities. Authorities are currently using DNA testing to identify victims while rescue teams work to free dozens of individuals still trapped beneath the rubble.

AI

New TechCrunch AI

Ramp data shows AI spending stalling just as Anthropic nears its IPO

Ramp data shows that corporate AI spending has stalled even as overall usage continues to climb. Aggressive price cuts and improved cost controls among major spenders may challenge previous investor assumptions about rapid AI hypergrowth, especially as Anthropic approaches its IPO.

CNA

Democrats planning flood of AI bills when they take control of Congress

Democratic lawmakers are preparing to introduce a large volume of artificial intelligence legislation after securing control of Congress in the recent midterm elections. The new regulatory agenda will focus heavily on governing AI development and deployment across the technology industry.

Video Games

New GameSpot

GTA 6 Will Now Come To Stores Sooner, But It’s Not Playable Right Away

Rockstar Games announced that Grand Theft Auto 6's physical code-in-a-box edition will now be available in stores two days earlier than originally planned. While the retail release date has shifted, the actual playable launch date remains unchanged alongside an updated digital preloading window.

New GameSpot

EA Killed Mass Effect But Is Still Trying To Make Money On It

Electronic Arts continues to promote Mass Effect merchandise through the BioWare Gear Store despite recently shutting down the franchise's developer studio. This commercial push has drawn criticism from fans who view the marketing efforts as tone-deaf following the studio's closure.

New GameSpot

PS5 Is Closing In On 100 Million Sales, Despite Getting More Expensive

Sony revealed that lifetime PlayStation 5 sales have reached 97.9 million units, placing it just months away from crossing the 100 million milestone. The company attributes its strong ecosystem performance to higher digital revenue and a massive active user base despite recent hardware price...

US Stock Market

Singapore Stock Market

New CNA

OCBC, DBS, UOB report earnings amid market sell-off

OCBC, DBS, and UOB reported their latest earnings results while navigating a wider market sell-off. The financial performance of these major banks provides key indicators for the local equity sector during current volatility.

CNA

Shares plunge in Tokyo and Seoul after US tech rout

Shares plunged in Tokyo and Seoul after a major technology correction originated in the United States. The sharp declines across neighboring exchanges demonstrate how US market movements directly influence regional equity performance.

Badminton

BWF World Tour Finals

Motivated Tunjung Upstages Chen

Motivated Tunjung upstaged Chen during the BWF World Tour Finals. The match result marks significant progress in the ongoing finals event.

Technology

New The Verge

OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO

OpenAI reached a $1.25 trillion valuation after raising another $11 billion, positioning it among the world's most valuable companies shortly after a March round at $852 billion. Meanwhile, rival Anthropic is reportedly nearing its initial public offering.

New The Verge

China reportedly recruited AI exec to spy on Jensen Huang

China's Ministry of State Security allegedly recruited Megaspeed executive Alice Huang to spy on Nvidia CEO Jensen Huang and gather intelligence on American AI chips. The effort aimed to potentially influence the company to make its most advanced hardware available to China.

New The Verge

All the latest updates on AI data centers

Massive new AI data centers are expanding globally but have sparked political fights over their impact on power grids, utility bills, and nearby communities. Tech companies view these energy-intensive facilities as the physical foundation for their artificial intelligence ambitions.

Health & Science

ScienceDaily

Scientists just found dinosaur blood that survived 115 million years

Scientists have discovered chemically confirmed traces of ancient blood inside 115-million-year-old dinosaur bones, challenging previous assumptions about biological molecule survival. This extraordinary preservation could provide new insights into dinosaur physiology and aid in the search for...

ScienceDaily

Major trial challenges how doctors decide who really needs statins

A major clinical trial involving nearly 5,800 adults challenges current methods for determining who needs statins by using heart scans to measure arterial calcium buildup. The study found that scan-based recommendations resulted in the same cardiovascular event rates as traditional assessments...

Bitcoin & Crypto

New Cointelegraph

US Treasury cuts off MEXC over alleged $16B in illicit transactions

The US Treasury bureau FinCEN ordered domestic financial institutions to stop processing transfers involving MEXC Global over alleged illicit activity. This regulatory action isolates the exchange from the traditional banking system as authorities investigate its role in cross-border money flows.

Decrypt

$3.1B in Stolen Binance Crypto Has Yet to Be Laundered: Elliptic

Investigators report that $3.1 billion in stolen cryptocurrency from the recent Binance breach remains largely unlaunched across more than 20,000 wallets on 16 blockchains. The tracking effort continues as authorities work to identify and intercept the illicit funds before they are fully laundered.

Toys & Collectibles