News

Akzo Nobel to sell South-east Asia paints business to Nippon Paint for US$1.35 billion
The Dutch company says it will now focus on its merger with US coatings maker AxaltaPublished Mon, Oct 5, 2026 · 08:14 PM[TOKYO] Akzo Nobel said on Monday (Oct...
Semiconductor firm Mi Material lodges preliminary prospectus to raise an indicative S$168 million
[SINGAPORE] Singapore-incorporated Mi Material – the materials arm of Bursa-listed Mi Technovation – on Monday (Oct 5) lodged its preliminary prospectus to list on the mainboard of the Singapore...
Singapore shares track regional gains on Monday; STI up 0.5%
Published Mon, Oct 5, 2026 · 06:35 PM[SINGAPORE] Singapore stocks ended higher on Monday (Oct 5), tracking gains in the region.The benchmark Straits Times Index (STI) gained 0.5 per...
Replenishing crude, fuel supplies could take two years: Saudi Aramco CEO
Published Mon, Oct 5, 2026 · 05:20 PM[LONDON] The squeeze on supplies of crude oil and refined fuels is set to worsen, and refilling global stockpiles tapped as an...
‘Scarily thin’ global oil stocks could take two years to rebuild, Saudi Aramco chief warns
Published Mon, Oct 5, 2026 · 05:20 PM — Updated Mon, Oct 5, 2026 · 10:25 PMTHE oil stockpiles that cushion the world from supply shocks have become “scarily...
Singapore 9-month investment banking fees reach 5-year high of US$693.8 million
[SINGAPORE] Investment banking fees in Singapore swelled to US$693.8 million in the first nine months of the year – up 9 per cent year on year and marking the...
Huawei agrees to a multi-year patent licensing deal with Qualcomm
Published Mon, Oct 5, 2026 · 03:21 PMCHINA’S Huawei Technologies said on Monday (Oct 5) it had agreed a broad multi-year patent licence deal with Qualcomm covering artificial intelligence,...
Case calls for law on prepayments as True group’s consumer losses soar to S$3.78 million
Total year-to-date prepaid package losses jump 147% to S$6.7 million from $2.7 million in 2025[SINGAPORE] Amid a wave of abrupt business closures in the fitness and wellness sectors, the...
Saudi Arabia unexpectedly cuts oil prices to Asia
The official selling price to the region is below the average of Oman and Dubai pricesPublished Mon, Oct 5, 2026 · 10:02 AM[CAIRO] Saudi Arabia unexpectedly cut crude oil...
Gold edges higher as markets weigh US jobs data impact on Fed path
The market now prices in a roughly 20% chance of a hike in October, down from 70% a week agoPublished Mon, Oct 5, 2026 · 09:23 AM[MELBOURNE] Gold edged...
Stocks to watch: Far East Orchard, UltraGreen.ai, iX Biopharma
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Oct 5): Far East Orchard , Far East Hospitality Trust (FEHT) : Far...
South-east Asia’s LNG hunger sparks caution over volatile prices, infra gaps
Observers call for faster shift away from ‘roller coaster’ fuel after major supply disruptions[SINGAPORE, BANGKOK] South-east Asia’s demand for liquefied natural gas (LNG) is expanding even in the wake...