News

Global central banks boost their holdings of Malaysian sovereign bonds
The nation’s strong currency and stable economic growth have been a key allure for global investorsPublished Fri, May 8, 2026 · 08:37 AMFOREIGN central banks and governments have boosted...
Frasers Property H1 profit falls 37.8% to S$88.4 million on impairment loss
[SINGAPORE] Frasers Property posted a 37.8 per cent drop in net profit to S$88.4 million for its first half ended Mar 31, from S$142.2 million in the previous corresponding...
Airbnb boosts annual sales outlook while spending picks up
Published Fri, May 8, 2026 · 07:29 AM[NEW YORK] Airbnb boosted its annual forecast on robust bookings in the major markets in the Americas, while it posted a big...
Crew walks out on ‘CoComelon: The Melon Patch,’ citing labor conditions
The International Alliance of Theatrical Stage Employees is striking against “CoComelon: The Melon Patch” in protest over wages and working conditions.The union representing crew members working on the live-action...
European shares pull back as Middle East peace prospects assessed
Published Fri, May 8, 2026 · 05:32 AM[BENGALURU] European shares slipped on Thursday (May 7) after a steep rally in the previous session, as investors assessed progress towards a...
Responsible forward-looking disclosures
Investors expect not only financial information but also transparent insight into companies’ strategic direction, risk exposure and future prospectsFEW companies in Singapore produce forward-looking statements. Those that do are...
Oil falls below US$100 a barrel on Middle East peace hopes
Published Thu, May 7, 2026 · 10:17 PM[LONDON] Oil prices extended losses on Thursday, sliding around 4 per cent to take the Brent crude benchmark below US$100 a barrel...
Citigroup bets on CEO Fraser’s overhaul to aim for 11% to 13% profitability
Published Thu, May 7, 2026 · 08:54 PMCITIGROUP is targeting an adjusted return on tangible common equity of 11 per cent to 13 per cent for 2027 and 2028,...
6-storey office building planned near Changi Airport Terminal 3
[SINGAPORE] The operator of Changi Airport is looking to develop a new office building near Terminal 3.Changi Airport Group (CAG) in February received permission from the Urban Redevelopment Authority...
ST Engineering unit bags Middle East smart mobility projects worth over S$100 million
The group’s urban solutions business has a ‘decade-long track record’ in the region[SINGAPORE] The urban solutions business of ST Engineering has secured two smart mobility projects in the Middle...
Singapore stocks rise, tracking regional gains; STI up 0.3%
Across the broader market, gainers outnumber losers 416 to 225, after 2.1 billion securities change hands[SINGAPORE] Singapore stocks ended higher on Thursday (May 7), in line with gains elsewhere...
Workspace provider JustCo files preliminary prospectus for mainboard IPO
The group plans to open 28 centres in 2026, bringing its total to 78; it also intends to enter new markets[SINGAPORE] Workspace provider JustCo on Thursday (May 7) lodged...