Sea plans IPO for financial services arm Monee, memo says - Reuters

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• JP Morgan CEO says not giving AI Agents access to bank's data

  JPMorgan Chase CEO Jamie Dimon has stated that the bank will not allow external artificial intelligence agents to access customer accounts and carry out actions on behalf of users. Dimon warned that the technology poses significant risks for both customers and the bank, and the bank is taking a cautious approach by preventing external AI agents from operating customer accounts. The bank supports customer-authorised data sharing through open banking services and is working toward enabling agentic connections secure…

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• Man allegedly used device to steal bank card details from shoppers at Mustafa Centre

  Liu was charged with illegally obtaining personal information and faces up to three years in jail, a fine of up to $10,000, or both. The NFC device, two power banks, a mobile phone, and several bank cards were seized upon his arrest. If found guilty, Liu can be jailed for up to three years, fined up to $10,000, or both.

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• Bank of Japan may raise inflation forecast, stand pat on rates, sources say

  The Bank of Japan (BOJ) is expected to increase its inflation forecast for the next fiscal year, as rising oil prices are projected to exert longer-than-expected price pressures on the economy. The BOJ is also expected to keep interest rates steady at the two-day policy meeting ending on October 30, unless the yen renews its slide that lifts import costs and broader inflation. The central bank is likely to maintain its focus on mounting inflationary risks in a quarterly report due after the meeting, leaving scope…

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