Oct 22 morning round-up:

1. Online shopping looks hot - but 80% of e-tailers are in the red
bt.sg/4uX3

2. Clearer definition of independent director needed
bt.sg/4uXU

3. CDL director Kwek Leng Peck quits over differences with board
https://bt.sg/4uXw

4. Organic growth to drive UBS' goal of US$3b Asia-Pac profit
bt.sg/4uXi

5. Dalio Philanthropies makes US$25m grant to WMI for new programme
bt.sg/4uX5

6. Endowus launches Fund Smart low-cost platform
bt.sg/4uXS