News

How the Singapore dollar could perform against the US dollar this year
[SINGAPORE] The Singapore dollar and other Asian currencies are continuing to gain ground against the US dollar as the tariff fallout weighs on the greenback. The Singdollar opened the...
Gold firms on dip buying; US-China trade talks in focus
Published Fri, May 9, 2025 · 10:01 AM[BENGALURU] Gold prices firmed on Friday (May 9), as investors bought bullion following a decline in the previous session, while markets looked...
Frasers Property H1 profit rises 147.6% to S$142.2 million on tax reversal
[SINGAPORE] Frasers Property posted a 147.6 per cent jump in net profit to S$142.2 million for the first half ended Mar 31, 2025, from S$57.4 million in the year-ago...
ST Engineering posts 8% rise in Q1 revenue to S$2.9 billion
[SINGAPORE] ST Engineering’s revenue rose 8 per cent to S$2.9 billion for the first quarter ended March, from S$2.7 billion in the corresponding year-ago period, on the back of...
OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations
[SINGAPORE] OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses.Net profit for the three months ended March 31, 2025 stood at...
How advisers can augment the board
ONE of the expected roles of the board of a company is to provide strategic guidance by drawing upon the diverse experience and expertise of its directors. Indeed, much...
US: Wall St opens higher ahead of potential US-UK deal announcement
Published Thu, May 8, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (May 8) on news that the United States was on the verge...
Asian banks see big boost to wealth business as currencies rally
[HONG KONG, SINGAPORE] A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand...
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
[LONDON] The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policymakers as US...
Australia exchange operator proposes IPO reforms to revive listings
[SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its...
Australia exchange operator proposes IPO reforms to revive listings
[SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its...
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
[SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market...