{
  "id": 14182503,
  "title": "Daily Debrief: What Happened Today (Oct 13)",
  "url": "https://urgent.news/2026/10/13/daily-debrief-what-happened-today-oct-13",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-13T10:45:00.000Z",
  "source": {
    "name": "The Business Times - Singapore",
    "slug": "the-business-times-singapore",
    "url": "https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-131"
  },
  "original_language": "en",
  "account": "Singapore's family offices are increasingly seeking out their own investment opportunities amidst growing institutionalisation in the sector. The once predominantly China-oriented Malaysian Chinese businesses are now distancing themselves from Beijing. The Beauty World Plaza mixed-used development is up for sale at S$165 million or S$2,231 per square foot. In private negotiations, owners of City Plaza are exploring potential buyers after the S$970 million en bloc tender closed without formal bids. Malaysia's King has acquired a 2.25% stake in Singapore-listed Southern Alliance Mining through an off-market deal with the firm's managing director and controlling shareholder. DBS shares were upgraded to \"add\" by CGSI, with a target price of S$79.50, citing the bank's impressive return on equity of 20% and attractive dividend yield of 4.8% for FY2027. AEM shares declined by up to 8% as Chinese memory maker CXMT announced progress on a memory chip design capable of storing more data.",
  "summary": "Stories you might have missed",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}