Singapore Beats GDP Forecasts, Iran Targets Oil Prices and BofA Fined US$1.2 Billion

Headline news for October 14, 2026:  Singapore’s economy grows 5.4 per cent in Q3 beating forecasts as MAS surprises markets by pausing its tightening cycle after two moves this year. Iran deploys new Hormuz tactics to keep oil prices elevated ahead of US midterm elections. Bank of America is fined US$1.21 billion for suspicious transaction failures.

Synopsis: A round up of global headlines to start your day by The Business Times.

Written by: Claressa Monteiro (claremb@sph.com.sg)

Produced and edited by: Claressa Monteiro or Nicole Teo

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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