Daily Debrief: What Happened Today (Nov 4) - The Business Times

[WASHINGTON] Democrats captured majorities in both the Senate and House on Tuesday (Nov 3), scoring sweeping victories that reached deep into Republican strongholds as tens of millions of voters delivered a scathing rebuke to US President Donald Trump.

UOB cuts 2026 margin guidance as funding costs rise; Q3 profit rebounds to S$1.25 billion

[SINGAPORE] UOB expects its net interest margin to fall below guidance for 2026, as rising funding costs continue to squeeze lending profitability despite a sharp rebound in its net profit for the third quarter ended Sep 30, 2026.

[SINGAPORE] The Certificate of Entitlement (COE) premium for mainstream cars increased by 5.3 per cent to set a new record as prices for other categories were generally stable.

[SINGAPORE] A planned tightening of Singapore’s transboundary haze law could enhance the city-state’s ability to gather relevant information from companies suspected of responsibility for haze, as well as its capacity to investigate commercial links and impose restrictions on these entities.

[SINGAPORE] The former CEO of GS Holdings, Pang Pok, was charged in court on Wednesday with abetting a conspiracy to engage in share price manipulation and perverting the course of justice, said the Singapore Police Force.

[SINGAPORE] Of the 9,200 net increase in non-resident employment in the second quarter of 2026, Work Permit holders – excluding migrant domestic workers – accounted for an increase of 10,900, while S Pass and Employment Pass (EP) holders each declined by 900.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.