News
Malaysia steps on gas, cuts coal use as power demand surges to record
The country’s energy commission expects warmer weather and data centres to continue to drive power demand this yearPublished Thu, May 28, 2026 · 01:36 PM[SINGAPORE/KUALA LUMPUR] Malaysia is tapping...
Shipping veteran Teo Siong Seng to take leave of absence from Pacific International Lines
He will not seek re-election as chair of Singapore Business Federation after his term ends in June[SINGAPORE] Shipping veteran Teo Siong Seng, who has been accused by the United...
Penang chipmakers cheer soaring demand even as gamers feel the pain
A global memory chip shortage has worsened since 2024 as producers pivot to feed the voracious[GEORGE TOWN] When Malaysia hosted the Samsung-backed Counter-Strike 2 Championship in December to find...
South Korea holds rates, reveals hawkish split within board
Headline inflation is breaching the central bank’s 2% target with the 2.6% April rate marking the fastest gain in almost two yearPublished Thu, May 28, 2026 · 10:44 AM[SEOUL]...
Wilmar shares tumble 10.5% in early trade amid Indonesia probe
It is under investigation for suspected under-invoicing and transfer-pricing practices[SINGAPORE] Shares of Wilmar International fell as much as 10.5 per cent in early trading, down S$0.37 at S$3.15 as...
War stress pushes Indonesia, Thailand to lean on short-term debt
Rupiah has hit record lows and become Asia’s worst-performing currency this quarterPublished Thu, May 28, 2026 · 09:04 AMSOUTH-EAST Asia’s two biggest economies are selling more short-term debt to...
Hong Kong to get edge in Asia gold-hub push with clearing system
The precious metal’s protracted rally might have stalled since the war began in the Middle EastPublished Thu, May 28, 2026 · 08:04 AM[SINGAPORE] By launching a gold-clearing system in...
Trump says Iran and Oman will not control Strait of Hormuz, deal remains elusive
The three-month-old war has killed thousands and sent global energy prices sharply higherPublished Thu, May 28, 2026 · 06:59 AMUS PRESIDENT Donald Trump on Wednesday (May 27) dismissed a...
Iran and US trade air strikes after Trump dismisses report of Hormuz deal
The waterway is covered by international law that guarantees foreign vessels the right to pass throughPublished Thu, May 28, 2026 · 06:59 AM — Updated Thu, May 28, 2026...
Keppel on track to hit key emissions target ‘well ahead’ of 2050: CEO
But its Scope 3, or value chain-related, emissions has risen with higher gas sales and one-off accounting for an India divestment[SINGAPORE] Asset manager Keppel is on track to achieve...
