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Singapore’s NTUC Chair Retires With Regret Over Allianz Debacle

Singapore former minister Lim Boon Heng is retiring from his role as chairman of NTUC Enterprise Co-operative Ltd., and said he takes “ultimate responsibility” for an aborted deal for the firm’s insurance unit.

By Faris Mokhtar, Andrea Tan and Joyce Koh

AB InBev Launches $6 Billion Buyback as Volumes Decline

Anheuser-Busch InBev kicked off a $6 billion share buyback program, even as it faced a challenging third quarter marked by lower-than-expected beer sales.

UK Lender Shawbrook Shares Rise in London Market Debut

Shares in Shawbrook Group Plc advanced in their London debut after an initial public offering that raised £348 million ($459 million) in the UK’s largest listing by a local firm in four years.

Hyundai Signals Looming Relief After $1.3 Billion US Tariff Hit

Hyundai Motor Co. said US tariffs cost it about 1.8 trillion won ($1.3 billion) in the third quarter, though this week’s trade agreement between Seoul and Washington that lowers import tariffs may offer the automaker some reprieve.

Stocks Hold Steady as Trump-Xi Talks Deliver Truce: Markets Wrap

US stock futures held steady after Donald Trump and Xi Jinping ended their trade meeting with a range of expected concessions, keeping markets near record highs.

Stellantis Warning on Charges Clouds Picture After Sales Gain

Stellantis NV said that it expects one-time charges in the second half of the year as political, economic and regulatory pressures force the automaker into making strategic changes.

Vanke Is Said to Ready Funds for $352 Million Bond Redemption

Distressed developer China Vanke Co. has secured sufficient funds to redeem a 2.5 billion yuan ($352 million) bond ahead of its maturity, according to investors briefed by the company this week.

Copper Slides From Record as Trump and Xi Conclude Meeting

Copper retreated from the previous session’s record high after US President Donald Trump and his Chinese counterpart Xi Jinping concluded pivotal trade talks.

China Says It Will Work With the US on Resolving TikTok Issue

Beijing pledged to work with Washington to resolve the fate of TikTok’s US business, stopping short of saying it’s agreed to a deal touted by President Donald Trump to spin off ByteDance Ltd.’s crown jewel.