DBS Group's CEO Tan Su Shan is tackling the challenges posed by artificial intelligence head-on, announcing that the bank will not fill positions replaced by AI but will instead focus on retraining employees for new roles. This proactive approach not only addresses the concerns surrounding job displacement but also highlights the bank's commitment to workforce development, ensuring that staff are equipped with the skills needed for the future. It's a significant move that could set a precedent for other organizations facing similar technological disruptions.

Home prices in the U.S. are on the rise, with 77% of metropolitan areas experiencing increases during the third quarter of 2025. This surge has led to record highs in the real estate market, highlighting a robust demand for housing. The National Association of Realtors reports that 176 out of 230 areas saw price growth, indicating a strong recovery and potential for continued investment in real estate. This trend is significant as it reflects economic stability and consumer confidence in the housing market.

Homebuilders are getting innovative to attract buyers in a slowing market, offering enticing deals like mortgage rates as low as 1% for the first year. This strategy not only helps them move inventory but also makes homeownership more accessible for potential buyers. It's a win-win situation that highlights the adaptability of the real estate sector in challenging times.

Walker & Dunlop has exceeded expectations in its Q3 2025 earnings call, showcasing strong financial results that highlight the company's resilience and growth in the real estate sector. This positive performance not only reflects the effectiveness of their strategies but also boosts investor confidence, making it a significant event for stakeholders and the market.

Homebuilders are optimistic as they anticipate a drop in mortgage rates to around 1%, which could significantly boost homebuying activity in the U.S. Currently, with rates hovering near 6%, buyers are already experiencing the most affordable monthly payments in a year. Real estate agent Tavyn Weyman from San Antonio is leading the charge by finding ways to lower these costs even further, making homeownership more accessible. This shift could revitalize the housing market and provide a much-needed boost to the economy.

Otovo has announced a merger with Onvis, leading to a remarkable 21% surge in its stock price. This merger is significant as it not only reflects investor confidence but also positions Otovo for greater market competitiveness. The collaboration is expected to enhance their product offerings and expand their reach, making it a pivotal moment for both companies.

DBS Group has reported a decline in its third-quarter profit, with the chief executive indicating that the bank's net profit for the upcoming year is likely to weaken slightly due to lower net interest income. This news is significant as it reflects the challenges faced by the banking sector in maintaining profitability amidst changing economic conditions.

DBS Group has reported a decline in its third-quarter profit, with the chief executive indicating that the bank's net profit is expected to weaken slightly next year due to lower net interest income. This news is significant as it reflects the challenges faced by the banking sector in maintaining profitability amidst changing economic conditions.