News

Singapore stocks close higher amid mixed regional showing; STI up 0.3%
Published Mon, Jun 29, 2026 · 06:06 PM[SINGAPORE] Singapore stocks ended higher on Monday (Jun 29) amid a mixed showing in Asian markets.The benchmark Straits Times Index (STI) gained...
British American Tobacco to cut 5,500 jobs globally in restructuring push
The layoffs is expected to add £600 million (S$1.03 billion) of annualised incremental savings by 2028Published Mon, Jun 29, 2026 · 05:30 PMBRITISH American Tobacco said on Monday it...
Malaysia extends search for missing flight MH370 by one year
Published Mon, Jun 29, 2026 · 04:49 PM[KUALA LUMPUR] Malaysia has extended by one year its deal with deep-sea exploration firm Ocean Infinity to conduct an underwater search for...
Nikkei reverses course to end Monday higher as chip-related shares cut losses
Published Mon, Jun 29, 2026 · 03:45 PM[TOKYO] Japan’s Nikkei share average reversed course to end higher on Monday, as chip-related stocks cut losses after South Korea rolled out...
Lindt heads for worst quarter in 17 years on price-hike fallout
The Swiss company raised prices last year by nearly 20 per cent on the back of surging cocoa pricesPublished Mon, Jun 29, 2026 · 03:22 PMLINDT & Spruengli AG’s...
Toyota sales drop again in May as Iran conflict hits production
It marks a fourth straight month of declines amid Middle East disruptions and competition in ChinaPublished Mon, Jun 29, 2026 · 01:53 PM[TOKYO] Toyota Motor posted another drop in...
Former Dyson Global CEO Roland Krueger on the road ahead for the car industry
He expects car sharing and subscriptions to become more common in places where owning a car is costly[SINGAPORE] Before Roland Krueger was leading global companies, he was reading books...
China says tech growth a challenge to predicting energy demand
The growth of emerging sectors including AI and electric vehicles makes forecasting future energy needs harderPublished Mon, Jun 29, 2026 · 12:07 PMCHINA faces greater uncertainty in forecasting energy...
China’s central bank debuts overnight reverse repo operation, withholding key interest rate
The bank conducts 300 billion yuan of overnight reverse repurchase agreements in open market operationsPublished Mon, Jun 29, 2026 · 10:43 AM[BEIJING] China’s central bank held its debut overnight...
Philippines leads the world in rush to solar as power prices soar
Panel imports rose 145% on the year to US$407 million for the three months through MayPublished Mon, Jun 29, 2026 · 09:13 AM[SINGAPORE/MANILA] People in the Philippines are flocking...
Individual who made US$127.6 million claim on Keppel unit’s Jakarta land further appeals court decision
This latest appeal follows two consecutive legal victories for Keppel earlier this year[SINGAPORE] A legal dispute over the ownership of land plots in Jakarta, involving a Keppel unit and...
Silver remains under pressure as sell-off continues
Published Mon, Jun 29, 2026 · 07:00 AMSILVER has experienced a dramatic boom-and-reset cycle over the past 18 months. After starting 2025 below US$29 an ounce, the metal surged...