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Deluge Raises S$23.4M in SGX IPO as Fire Safety Rules Tighten October 6
Deluge raises S$23.4M in SGX IPO priced at S$0.60 per share. The fire-protection firm holds 8.3% of Singapore’s market and eyes regional expansion as Malaysia tightens fire safety rules for 9,451 buildings.
Russian Lab Worker Dies of Suspected Plague; US Monitoring Closely
A Russian laboratory worker at a plague research institute in Irkutsk died of suspected pneumonic plague. US Secretary of State Marco Rubio says Washington is monitoring the situation closely, though Russian authorities say there is no cause for alarm.
Japan Expands Russia Sanctions on October 2; Moscow Vows Countermeasures
Japan froze assets of 33 Russian firms and 9 individuals on October 2 and restricted 35 vessels. Russia’s Foreign Ministry threatened countermeasures on October 5, citing violations of a 1957 trade agreement.
Singapore Firms Flock to Nanning as China’s Pinglu Canal Opens New Trade Routes
Over 50 Singapore firms explore Nanning market entry as Pinglu Canal shortens China trade routes by 560km and cuts costs by 30%. New opportunities in Guangxi’s less saturated market.
NVIDIA DGX Spark 64GB Launches at $4,999 as Memory Costs Bite
NVIDIA launches 64GB DGX Spark at $4,999 on October 23 via Acer, ASUS, Dell, Gigabyte, HP, and MSI. The 128GB model now costs $6,950, up from $3,999 launch price, driven by memory cost inflation.
Argentina’s Golden Passport: $350,000 Entry Fee for Citizenship
Argentina opens citizenship program for $350,000 investment. Single applicants pay $350,000; families of four pay $500,000. Applications open Q4 2026. First South American country to offer paid citizenship.
Singapore Airlines Kris+ Birthday Bash Pays 10 Miles Per Dollar in Australia
Kris+ Birthday Bash runs through October 31, 2026. Australian users earn 10 miles per AU$1 at 300+ outlets; Singapore users earn up to 8 miles per S$1 at 65+ merchants. Miles transfer to KrisFlyer at 1:1 rate.
Ken Griffin’s $3B Carnegie Mellon Gift Reshapes Miami Real Estate October 03
Ken Griffin donated $3 billion to Carnegie Mellon University to build a Miami campus on 35 acres purchased for $1.1 billion. The gift is the largest in higher education history and has sparked a commercial real estate boom in Wynwood.
ANZ Drops KPMG as Auditor After 57 Years Amid Scandal
ANZ ends 57-year audit relationship with KPMG, worth A$29 million annually, as the accounting firm faces fallout from whistleblower allegations over confidential data misuse.