Oil prices slump as Trump election rout eases Middle East conflict risks

South China Morning Post - Nov 5, 2026

Oil is headed for its biggest weekly decline since the Covid-19 pandemic after a Democratic blue wave in US midterm elections eased concerns about President Donald Trump escalating conflict in the Middle East. The price of Brent crude, the global benchmark, has tumbled by about 20 per cent this week to trade at around US$95 barrel on Thursday. US West Texas Intermediate has dropped by 16 per cent to about US$88. Prices plunged after US Vice-President J.D. Vance called for an end to the war in...

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Stocks surge, oil tumbles after Trump’s election rout

Nov 5, 2026

Stocks surge, oil tumbles after Trump’s election rout

NEW YORK, United States — Wall Street stocks surged Wednesday as markets greeted the resolution of US midterm elections while oil prices tumbled on expectations the Democratic sweep could hasten a resolution to the US-Iran war. Democrats seized control of both houses of Congress in a victory that gives them the power to block legislation, open

US asset manager Federated Hermes opens Hong Kong office to tap China’s tech rise

Nov 5, 2026

US asset manager Federated Hermes opens Hong Kong office to tap China’s tech rise

US asset manager Federated Hermes has opened its office in Hong Kong, after two years of preparation, joining a wave of international financial giants competing for growth in the Asia-Pacific region. The company, which managed US$884 billion worth of assets as of September, considered a Hong Kong office two years ago and its board approved a plan a year later. Its office in the Nexxus Building in Central adds to its Asia-Pacific footprint in Singapore, Tokyo and Sydney. “Hong Kong is a premier...

Weaker peso to affect PH rice importation, says PCAFI 

Nov 5, 2026

Weaker peso to affect PH rice importation, says PCAFI 

The country"s rice importation is expected to be affected by the weakening of the Philippine peso against the US dollar, the Philippine Chamber of Agriculture and Food, Inc. (PCAFI) said Thursday.

CSRC requests further tax records from Hong Kong IPO applicants amid tighter oversight

Nov 5, 2026

CSRC requests further tax records from Hong Kong IPO applicants amid tighter oversight

China’s securities regulator has ordered three Hong Kong initial public offering (IPO) applicants to submit additional documentation amid an intensifying crackdown on tax compliance. The China Securities Regulatory Commission (CSRC) said it has asked Fujian Senda Electric, a Fuzhou, Fujian province-based company trading on Beijing’s National Equities Exchange and Quotations board, to disclose details on internal dividend approvals, dividend fund flows, and compliance with tax and other...

Maynilad nets P12.6B in Jan.-Sept. 2026, up 10.2%

Nov 5, 2026

Maynilad nets P12.6B in Jan.-Sept. 2026, up 10.2%

Maynilad Water Services saw a 10.2% increase in its bottom line in the first nine months of 2026.

NNIC reports 1.29M passengers passed through NAIA during Undas 2026

Nov 5, 2026

NNIC reports 1.29M passengers passed through NAIA during Undas 2026

Over one million passengers pass through the Ninoy Aquino International Airport (NAIA) during the nine-day “Undas” travel period, from October 27 to November 4, 2026, San Miguel-led private operator New NAIA Infra Corp. (NNIC) said.

EDSA busway inner lane remains exclusive to buses amid rehab, DOTr says

Nov 5, 2026

EDSA busway inner lane remains exclusive to buses amid rehab, DOTr says

The Department of Transportation (DOTr) on Thursday reminded motorists that the inner lane of EDSA will remain exclusive to buses amid the ongoing rehabilitation along the southbound section from Nepa Q-Mart to Boni Avenue.

Marcos leads ceremonial first flow of gas for Malampaya Phase 4

Nov 5, 2026

Marcos leads ceremonial first flow of gas for Malampaya Phase 4

Marcos leads ceremonial first flow of gas for Malampaya phase 4

DA seeks budget for ASF vax allocation for smallholder farms in 2027

Nov 5, 2026

DA seeks budget for ASF vax allocation for smallholder farms in 2027

The Department of Agriculture (DA) is seeking a budget for the supply of vaccine against African swine fever (ASF) for smallholder or small-scale farms nationwide.

China stocks extend rebound on state support, US midterm results

Nov 5, 2026

China stocks extend rebound on state support, US midterm results

Chinese stocks extended their rebound for a second day on Thursday, as state support gained momentum and a Democratic landslide victory in the US congressional election removed an overhang capping risk appetite. The CSI 300 Index rose 0.3 per cent to 4,113.41 at the close, extending a 2.3 per cent gain a day earlier. The chip-heavy Star 50 gauge gained 1.7 per cent after surging nearly 10 per cent the previous trading day. Democratic control of the US Congress may tighten tech exports to China,...

Physiotherapist’s clinical mindset shapes approach to managing business and wealth across borders

Nov 5, 2026

Physiotherapist’s clinical mindset shapes approach to managing business and wealth across borders

For Dinesh Verma, managing risk begins long before a problem becomes visible. It is a principle that has guided his work as a physiotherapist, his decision-making as an entrepreneur and, increasingly, his approach to managing his wealth. Originally from India, Verma moved to Singapore in 1989 to work as a clinical physiotherapist, but eventually transitioned his career beyond clinical practice after earning a master of business administration (MBA) degree, adding a broader commercial lens onto...

Redefining Investment Advisory in the Age of AI

Nov 5, 2026

Redefining Investment Advisory in the Age of AI

[The content of this article has been produced by our advertising partner.] A generation ago, a Hong Kong retail investor might have checked the closing prices in the morning paper and phoned a broker to place a trade. Today, 95 per cent of the city’s stock investors trade online, and nearly two-thirds turn most often for the mobile app of a securities brokerage rather than their bank, according to the Investor and Financial Education Council’s latest retail investor study. That shift is the...

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