Oil market is balanced, says Qatar energy minister. The oil market is balanced in terms of supply and demand, Qatar's energy minister Mohammed al-Sada said on Sunday. Oil prices have been rising as US sanctions against Iran's crude exports are set to start next month. Brent crude is trading at nearly US$85 a barrel, compared to US$65 at the beginning of the year.

China's Sept foreign exchange reserves fall to 14-month low of US$3 trillion. Reserves fell US$22.69 billion in September to US$3.087 trillion, the biggest drop since February, compared with a decline of US$8.23 billion in August, central bank data showed on Sunday.

China slashes banks' reserve requirements. Reserve requirement ratios (RRRs) - currently 15.5 per cent for large commercial lenders and 13.5 per cent for smaller banks - would be cut by 100 basis points effective Oct 15, the PBOC said, matching a similar sized move in April.

Kim, Pompeo agree to second US-North Korea summit 'at earliest date'. Kim Jong Un has agreed to hold a second summit with US President Donald Trump as soon as possible, Seoul said Sunday, after Washington's top diplomat held "productive" talks on denuclearisation with the North Korean leader in Pyongyang.

Keppel to build another two LNG carriers for Stolt-Nielsen. KEPPEL Offshore & Marine (Keppel O&M) customer Stolt-Nielsen Gas has exercised its options for Keppel to build for the company two additional small-scale liquefied natural gas (LNG) carriers worth a total of around S$105 million.

Singtel group of telcos to grow gaming, e-sports ecosystem in South-east Asia, Australia and India. Singtel has signed a memorandum of understanding (MOU) with its wholly owned subsidiary Optus and its regional associates - Airtel, AIS, Globe and Telkomsel - to grow the gaming and e-sports ecosystem in South-east Asia, Australia and India.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research