SG Morning Highlights: Singapore exports set to slow further in Q4, may even contract

Advancers / Decliners is 130 to 41, with 66.72 million securities worth S$89.18 million changing hands.

Exports to Singapore's top 10 markets fell as a whole in September, dragged by a 33.8 per cent year-on-year contraction in shipments to China, compared with the previous month's 18.2 per cent decline.

Embattled UK Prime Minister Liz Truss on Monday apologised for going "too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns.

"I do want to accept responsibility and say sorry for the mistakes that have been made... we went too far and too fast," she told the BBC.

However, she said that she was "completely committed to delivering for this country" despite questions over who was now in control of government policy.

US regulators are prying deep into the remnants of failed hedge fund Three Arrows Capital as they try to untangle the fallout of this year's crypto crash.

Three Arrows, which until recently was one of the industry's most prominent firms, filed for bankruptcy in July after the broad sell-off in digital assets spurred in part by the collapse of the Terra blockchain. The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are now looking into whether the money manager violated rules by misleading investors about the strength of its balance sheet and not registering with the agencies, according to two people familiar with the matter.

Investors should, however, be cautious about jumping into airline stocks. Analysts said that many of the region's listed airline groups could continue to struggle for a while, as they face hurdles rebuilding their businesses.

Hyperscale data centres that both companies are developing should exceed 5,000 servers and 10,000 square feet.

The first development, K2 Data Centre Jakarta 1 Campus (K2 JKT 1), will comprise four data centres in Bekasi Regency, Greater Jakarta. The development is situated close to international cloud service providers’ infrastructure and will have 58.8 megawatt of IT capacity at completion.

The offeror holds 79.7 per cent of Colex, and Colex executive chairman, Henry Ngo, is also the executive chairman of Bonvests.

Bonvests is offering S$0.23 in cash per share, which represents a 25 per cent premium to the last traded price of S$0.184 or 13.3 per cent premium to the three-month volume weighted average price up to 10 October. The cash offer also represents a price to net asset value of 1.62 times, which the offeror claims exceeds regional precedent waste management transactions and listed companies at 1.44 times and 1.2 times respectively.