DBS Group, Singapore's largest bank, has reported a decline in its third-quarter net profit, primarily due to the effects of the global minimum tax. This news is significant as it highlights the challenges faced by major financial institutions in adapting to new tax regulations, which could impact their profitability and future growth strategies.

As COP30 approaches, Singapore's minister has expressed concern that momentum for climate action is diminishing. This is significant because it highlights the challenges faced in global efforts to combat climate change, which is crucial for the future of our planet. The waning enthusiasm could hinder progress on vital policies and initiatives needed to address environmental issues.

The U.K.-listed asset manager Intermediate Capital Group is close to finalizing a deal to sell PSB Academy for over $380 million. This transaction highlights the growing interest in private education institutions in Singapore, reflecting the increasing demand for quality education in the region. Such deals can significantly impact the educational landscape and investment opportunities in Southeast Asia.

The U.K.-listed asset manager Intermediate Capital Group is on the verge of finalizing a deal to sell PSB Academy for over $380 million. This transaction highlights the growing interest in private education institutions in Singapore, reflecting the sector's potential for investment and growth. Such deals can enhance educational offerings and contribute positively to the local economy.

TKO Group has raised its outlook thanks to the impressive momentum of UFC and WWE, which saw a remarkable 23% increase in sales during the third quarter. This growth stands out as other divisions faced declines, highlighting the strength and popularity of these live events. This positive trend not only boosts TKO Group's financial outlook but also underscores the resilience of sports entertainment in a challenging market.

The New York Federal Reserve reported a modest increase in US household debt during the third quarter, highlighting ongoing trends in consumer borrowing and spending. This uptick is significant as it reflects the economic climate and consumer confidence, which can impact financial stability and economic growth. Understanding these trends helps policymakers and economists gauge the health of the economy and make informed decisions.

Braemar Hotels & Resorts has filed the transcript of its third quarter earnings call, providing insights into its financial performance and strategic direction. This is significant as it allows investors and stakeholders to assess the company's progress and future plans, ensuring transparency in its operations.

Ashford Hospitality Trust recently held its third quarter earnings call and filed the transcript, providing insights into its financial performance and strategic direction. This is important for investors and stakeholders as it sheds light on the company's operational health and future prospects.