News
Geo Energy gets term sheet for infrastructure unit at US$1.5 billion valuation
Swiss-based private commodities investment company Resource Invest will invest in Marga Bara Jaya[SINGAPORE] Coal producer Geo Energy Resources has entered into a term sheet with Resource Invest (ResInvest) for...
DBS bets on AI, value stocks with STI set for choppy recovery
Forecast hinges on a base scenario where US-Iran talks yield a deal in Q2 and Strait of Hormuz opens by June[SINGAPORE] The Republic’s benchmark stock index is poised for...
UK, France to host multinational meeting on mission to escort ships through Strait of Hormuz
Iran has effectively shut the waterway after war erupted with US-Israel strikes on Feb 28Published Mon, May 11, 2026 · 06:51 AM[LONDON] More than 40 nations will meet on...
Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs
[SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous...
Saudi Aramco’s Q1 profit up 26% after Iran war-driven oil price rise
A key pipeline that connects its oil fields in the east to Yanbu port ‘has proven itself to be a critical supply artery’Published Sun, May 10, 2026 · 02:26...
Buybacks, director transactions and stake realignments
[SINGAPORE] Over the four sessions through to the May 7 close, 16 primary-listed companies conducted buybacks with a total consideration of S$16.1 million. At the same time, more than...
S-Reit acquisitions pick up with improved financing
[SINGAPORE] Acquisition activity among Singapore Reits (S-Reits) has picked up this year, signalling a measured return to growth as financing conditions stabilise.In the first four months of the year,...
Europe: Shares slide as Middle East tensions flare
Published Sat, May 9, 2026 · 11:15 AM[BENGALURU] European shares slipped on Friday (May 8) in broad-based losses as a flare-up in the Middle East conflict hit risk sentiment...
Jardine C&C said to explore sale of car dealership in Malaysia and Singapore
A transaction could value the business at US$250 million to US$350 million, say sourcesPublished Sat, May 9, 2026 · 10:03 AM[SINGAPORE] A unit of Jardine Matheson Group is considering...
General Motors to pay $12.5 million to settle claims it illegally sold California driver data
General Motors has agreed to pay $12.5 million dollars to settle claims that the automaker illegally sold location and driving data of hundreds of thousands of Californians, state officials...
