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B2B Asia News
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This is a B2B Asia News Daily Update for 3 November 2026, reviewing regional and global markets, and covering the daily business news you shouldn’t miss.
Watch the video in English above.
- We start with a quick look at regional markets. Asian tech stocks came under fresh pressure on Tuesday as investors fretted over AI spending and earnings, while oil prices stabilised after the previous session's tumble ahead of the start of voting for the US midterm elections. MSCI's broadest index of Asia-Pacific shares outside Japan was down 1.4% at the lowest level since October 23, led by a decline of as much as 4.1% in South Korean shares. Hong Kong’s Hang Seng Index climbed for the third consecutive day by 0.57%, while the Shanghai Composite Index declined 0.82%.
- Zooming in on Cambodia’s market—the Cambodia Securities Exchange Index was down 0.32 points or 0.05% to 605.24. Total trade volume was up with 229,928 shares changing hands at a total value of 1.21 billion riel or over $297,000 US dollars.
- On the main board, three stocks were up, led by ACLEDA Bank, while five stocks were down with Royal Group Phnom Penh SEZ as the biggest loser of the day. Over on the growth board, DBD Engineering and JS Land were down, while Picasso City Garden was up.
- Shifting to the exchange rate, the Khmer riel to USD weakened slightly to 4,084 riel per US Dollar, while the US Dollar index hovered around 101.71.
- Looking at global commodities, oil prices rose more than $1 dollar on Tuesday, as an Iranian official said a deal to end the war was far off, while the United States struck Iran's Qeshm Island, fuelling concerns over the escalation of hostilities and risks to energy supplies. US West Texas Intermediate crude was up 1.66% at $98.06 US dollars a barrel while Brent crude futures rose 1.76% to $106.61 US dollars a barrel. (0744 GMT )
- Gold prices eased on Tuesday as renewed gains in oil prices fanned inflation concerns and reinforced expectations of higher interest rates, while investors awaited the outcome of US midterm elections for clues on the broader market outlook. Spot gold fell 0.9% to $3,913.62 US dollars per ounce after surging more than 2% on Monday to rebound from a one-year low hit on Friday. US gold futures for December delivery dropped 1.2% to $3,923.00 US dollars. (0653 GMT)
Looking at the crypto market, Bitcoin traded at $76,897.36 US dollars, dropping roughly 2.19% amid U.S. spot Bitcoin ETF outflows, leveraged liquidations, and broader market caution.
Moving on now to other business related news,
- Cambodia and Germany have reaffirmed their high commitment to environmental protection, waste management, and climate change response, following high-level talks between the Cambodian Minister of Environment and the German Ambassador to Cambodia. During the meeting held in Phnom Penh on November 2, the German Ambassador commended Cambodia’s progress in implementing the plastic reduction campaign, noting that it has evolved from a standard initiative into a nationwide social movement aimed at making environmental protection a daily habit among citizens. The Cambodian Ministry of Environment outlined a clear strategic plan for waste management at landfills and highlighted efforts to promote investment in Waste-to-Energy technologies to minimise waste levels. The minister also discussed the impacts of the El Niño phenomenon and climate change. He emphasised the ministry’s readiness and emergency response plans, which include ensuring clean water supplies for communities in protected areas, maintaining water sources for wildlife, and implementing measures to prevent wildfires caused by global warming.
- Deputy Prime Minister and Minister of Economy and Finance H.E. Dr. Aun Pornmoniroth met with an International Monetary Fund (IMF) delegation on November 2 to review Cambodia’s macroeconomic developments, technical assistance needs, and preparations for the upcoming 2027 Article IV Consultation Mission. The meeting, held at the Ministry of Economy and Finance, provided an opportunity for both sides to exchange views on Cambodia’s current economic situation, emerging challenges and policy priorities, as well as areas where continued IMF technical assistance could support the Kingdom’s economic management and development. Both sides also discussed technical assistance priorities and preparations for the 2027 Article IV Consultation Mission, which will provide an opportunity for the IMF to assess Cambodia’s economic and financial developments and engage with the Royal Government on relevant policy issues.
- The Ministry of Tourism of the Kingdom of Cambodia and the Gansu Provincial Administration, China agreed to promote tourism cooperation. The commitment was made in a meeting between the Cambodian Minister of Tourism and the Party Secretary of Gansu Province on the sidelines of the 9th Silk Road International Cultural Expo in Dunhuang City, Gansu Province in China, on November 2. Both sides agreed to foster active and practical tourism cooperation by seeking approval from their respective leaderships to sign an MoU on Tourism Cooperation between Cambodia’s Ministry of Tourism and the Gansu Provincial Administration in the near future. Furthermore, both parties agreed to jointly support the resumption of direct flights between Gansu and Siem Reap to facilitate travel and boost mutual tourist flows.
Watch the 3 November 2026 Daily Update in Khmer below: