News
Indosat seeks US$2 billion loan for chip financing in Indonesia
Citigroup is the arranger of the deal and has approached other banks to gauge their interest, sources sayPublished Wed, Aug 5, 2026 · 03:57 PM[JAKARTA] Indonesia’s second-largest mobile carrier...
From billionaires to towkay heirs: UBS widens Singapore wealth push
The Swiss banking giant is sharpening its focus on clients with at least US$2 million in investable wealth[SINGAPORE] UBS, long associated with managing the fortunes of billionaires, is casting...
UOB to sell asset management arm to Allianz Global Investors for S$555 million
The sale, which includes excess cash, is expected to generate a pre-tax gain of about S$330 million for UOB[SINGAPORE] UOB is selling its asset management arm to Allianz Global...
Can Seatrium build on its robust H1 earnings? UOBKH and DBS analysts have divided views
UOBKH downgraded Seatrium to “hold” from “buy” and lowered its target price to S$2.30[SINGAPORE] Seatrium reported a strong turnaround for its first half ended June 30, 2026, on the...
GIC seeks to sell US$1 billion private equity fund stakes: Bloomberg
Potential divestments are said to include funds from global private equity managers EQT, TPG Asia and KKRPublished Wed, Aug 5, 2026 · 11:34 AM[HONG KONG] Singapore’s GIC is looking...
Australia’s Jetstar to charge for carry-on bags in overhead lockers
Move brings airline’s carry-on baggage policy closer to systems used by several low-cost airlines globallyPublished Wed, Aug 5, 2026 · 10:23 AM[SYDNEY] Jetstar, the budget arm of Australia’s national...
Gold extends gains on lower oil and softer greenback, markets await US jobs data
A subdued US dollar makes greenback-priced metals more attractive to holders of other currenciesPublished Wed, Aug 5, 2026 · 09:46 AM — Updated Wed, Aug 5, 2026 · 12:14...
All-Link opens at S$0.53 on SGX debut, matching IPO price
[SINGAPORE] Shares of logistics solutions provider All-Link Air & Sea opened at S$0.53 on Wednesday (Aug 5), unchanged from its initial public offering price.This marks Singapore Exchange’s (SGX) ninth...
CapitaLand China Trust H1 DPU falls 1.6% to S$0.0245
[SINGAPORE] The distribution per unit (DPU) of CapitaLand China Trust (CLCT) fell by 1.6 per cent to S$0.0245 for its first half ended Jun 30, 2026, from S$0.0249 the...
CapitaLand China Trust H1 DPU falls 1.6% after sale of Chinese mall
Its H1 revenue slips 4.4% to S$152.3 million; excluding the divested mall, revenue is down 0.2% and DPU, up 2.9%[SINGAPORE] The distribution per unit (DPU) for CapitaLand China Trust...
