News
Thailand’s stalled cash handout scheme sours voters on ruling party
[BANGKOK] Rungthiwa Pimphanit waited months for a long-promised cash handout of 10,000 baht (S$395) from Thailand’s ruling party, which she backed in 2023 elections, but now the scheme to...
Oil advances as Opec+ supply boost vies with geopolitical risk
Published Mon, Jun 2, 2025 · 08:02 AM[SINGAPORE] Oil gained as a third straight production increase by the Organization of the Petroleum Exporting Countries and its allies (Opec+) vied...
S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy
[SINGAPORE] Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025, underpinned by positive rental reversions, stable occupancy, and continued demand...
Blackstone lowers offer for warehouse Reit, extends deadline
Published Sat, May 31, 2025 · 08:45 AMFUNDS managed by Blackstone have lowered an offer to purchase Warehouse real estate investment trust (Reit) Plc after matters uncovered in due...
US: Stocks mixed as China trade tensions fuel unease
Published Sat, May 31, 2025 · 06:13 AM[NEW YORK] Wall Street stocks saw a mixed end to the day on Friday (May 30), as trade tensions between the United...
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs.The Microsoft-owned tech company has cut 281 workers in California, a notice filed this week to the...
Trump says Musk is ‘not really leaving,’ fueling legal challenge over his role at DOGE
WASHINGTON — Elon Musk, the world’s richest man, who has led an effort in the Trump administration to cut jobs and programs across the federal government, stood by President Trump’s side...
Saudi Aramco could tap debt markets again after US$5 billion bond sale
Published Fri, May 30, 2025 · 09:10 PM[DUBAI] Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major...
Wee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed, floating or hybrid rates or...
China’s central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bondsPublished Fri, May 30, 2025 · 06:57 PM[SHANGHAI] China’s central bank...
EMA grants conditional licence to RGE, TotalEnergies’ Indonesian solar project for electricity import to Singapore
[SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture between RGE and TotalEnergies, to import 1 gigawatt (GW)...
