News
Isca panel urges firms to ditch boilerplate guidance, bridge trust gap
Acknowledging uncertainties with the right assumptions can build credibility with investors[SINGAPORE] Building trust with investors requires clarity, as well as a stronger alignment between business strategy and finance teams,...
OCBC, UOB, DBS lead Singapore stocks higher on Monday; STI up 0.4%
Across the broader market, losers outpace gainers 340 to 279, as 2.1 billion securities worth S$2.6 billion change hands[SINGAPORE] Singapore stocks ended higher on Monday (May 11), with the...
Fears of an AI breakthrough force the U.S. and China to talk
CHONGQING, China — Three years ago, in the idyllic town of Woodside south of San Francisco, the United States and China held their first high-level talks on the dangers posed by...
SIA boosts Europe flight frequencies, returns to Madrid amid strong travel demand
SIA’s weekly flights to Europe have increased by almost 12% over the last two months[SINGAPORE] Singapore Airlines (SIA) is ramping up its flights to Europe, even as it pulls...
China’s private refiners seek Beijing approval to cut run rates as Iran war hits margins
Published Mon, May 11, 2026 · 02:53 PM[BEIJING] China’s private refiners have sought government approval to cut oil-processing rates, a month after Beijing ordered them to produce at any...
US industry, lawmakers plead with Trump: Don’t open door to Chinese cars at Xi summit
The House bill would go further, banning industry partnerships with Chinese companies[WASHINGTON] As US President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the US...
US industry, lawmakers plead with Trump: Don’t open door to Chinese cars at upcoming Xi summit
[WASHINGTON] As US President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the US auto industry and lawmakers on both sides of the aisle are...
Goldman Sachs claims renminbi undervalued by 20% against US dollar
Published Mon, May 11, 2026 · 12:16 PM[HONG KONG] The Chinese currency is more than 20 per cent undervalued against the US dollar, according to Goldman Sachs Group, which...
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hit a high
At least half a dozen lenders have increased their number of special asset bankers[HONG KONG] A small group of bankers in Hong Kong tasked with cleaning up the city’s...
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hits a high
At least half a dozen lenders have increased their number of special asset bankers[HONG KONG] A small group of bankers in Hong Kong tasked with cleaning up the city’s...
