News

Singapore stocks end higher on Friday; STI gains 0.4%
Published Fri, Aug 14, 2026 · 06:47 PM[SINGAPORE] Singapore stocks ended higher on Friday (Aug 14).The benchmark Straits Times Index (STI) gained 0.4 per cent or 23.54 points to...
OpenAI steps up Singapore footprint, in talks to lease 100,000 sq ft in Shaw Tower
Rival Anthropic has leased about 100 desks within The Executive Centre facility at Ocean Financial Centre[SINGAPORE] Amid the current wave of artficial intelligence companies on an expansion trail into...
GNC seals regional deal with DFI Retail following court win against Ron Sim’s LAC
DFI will be exclusive wholesaler, distributor and franchisee for the health and wellness brand in HK, Macau and Singapore[SINGAPORE] DFI Retail Group will be the exclusive wholesaler, distributor and...
Golden Agri-Resources H1 net profit up 4.4% at US$167.2 million on higher CPO prices
[SINGAPORE] Golden Agri-Resources posted a net profit of US$167.2 million for the first half of FY2026, up 4.4 per cent from US$160.3 million in the year-ago period.This was supported...
EGP Energy H1 net profit rises 179.7% to S$6.1 million on strong revenue growth
[SINGAPORE] EGP Energy Corporation posted a 179.7 per cent rise in net profit to S$6.1 million for the first half ended Jun 30, 2026, from S$2.2 million in the...
Singtel shares up 4.2% after underlying Q1 net profit grows 21%
The counter rises after falling 0.9% on Thursday, when the telco reported a 71.6% drop in first-quarter earnings[SINGAPORE] Singtel shares rose as much as 4.2 per cent on Friday...
Singtel shares close up 4.7% after underlying Q1 net profit grows 21%
The counter rises after falling 0.9% on Thursday, following a 71.6% drop in first-quarter earnings[SINGAPORE] Singtel shares ended 4.7 per cent higher at S$4.45 on Friday (Aug 14), a...
Union Gas posts record profit on Cnergy petrol station growth, to open 2 more in 2027
[SINGAPORE] Union Gas Holdings will open two more service stations in Marsiling and Jurong West in 2027, bringing its retail network in Singapore to five service stations, after the...
Kospi leads gains as Asian stocks rise amid US inflation, tech rebound
Published Fri, Aug 14, 2026 · 10:47 AM — Updated Fri, Aug 14, 2026 · 03:04 PMASIAN stocks rose, adding to a fourth week of gains, as moderating US...
E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan
Have e-commerce platforms become too powerful, and who ultimately pays the price?ON AUG 8, CCTV financial programme Dialogue aired its latest exclusive interview with Nongfu Spring founder Zhong Shanshan....
CXMT overtakes Tencent as most valuable Chinese firm
Crossover reflects investors’ continued preference for AI-linked hardware over traditional internet championsPublished Fri, Aug 14, 2026 · 09:08 AMCXMT has overtaken Hong Kong-listed Tencent Holdings as the world’s most...
Olam H1 profit up five times at S$1.9 billion on Olam Agri spin-off; eyes ‘full value’ from ofi, divestments
[SINGAPORE] Olam Group aims to “extract full value” from its food ingredients unit, ofi, while divesting other assets, following the spin-off of its agribusiness arm Olam Agri, said management...