News

Commercial vehicle COE likely to breach S$100,000; mainstream car premiums to remain elevated
EV demand, high diesel prices and short supply will continue driving upward pressure: observers[SINGAPORE] Industry observers predict new highs for commercial vehicle Certificate of Entitlement (COE) premiums this year.Strong...
BOJ expected to raise interest rates in June: sources
Markets are pricing in an 80% chance that the bank will raise its short-term policy rate to 1% from 0.75%Published Thu, Jun 4, 2026 · 03:50 PM[TOKYO] The Bank...
Jardines has survived wars and market collapses. Can it survive the digital age?
For investors, a flood of rumours over the sale of assets – including properties, fast-food chains and car dealerships – can be disconcerting​[SINGAPORE] With a history spanning nearly two...
Indonesia passes sweeping bill expanding central bank role to spur growth
Promoting sustainable economic growth is already part of Bank Indonesia’s mandate, along with price and foreign exchange rate stabilityPublished Thu, Jun 4, 2026 · 12:44 PM[JAKARTA] Indonesia’s parliament on...
Malaysian tycoon Vincent Tan cuts Berjaya stake in asset sales
Separate filings also show the founder is no longer a substantial shareholder in six listed companiesPublished Thu, Jun 4, 2026 · 11:08 AM[KUALA LUMPUR] Malaysian tycoon Vincent Tan sold...
Singapore Kitchen CEO, senior manager, charged for alleged offences linked to CAD probe
[SINGAPORE] Singapore Kitchen Equipment’s (SKE) chief executive officer and senior manager were charged in relation to a probe by the Commercial Affairs Department (CAD).SKE on Thursday (Jun 4) said...
Decade-high dividend for Income shareholders: Key takeaways from insurer’s 2026 AGM
[SINGAPORE] Shareholders of Income Insurance will enjoy their highest dividend in 10 years after the insurer reported strong annual profits, while also gaining a renewed avenue to sell their...
Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook
Borrowing costs in the city state tend to closely track global interest rates, especially those of the USPublished Thu, Jun 4, 2026 · 10:01 AM[SINGAPORE] The gap between Singapore...
Record Singapore-US rate gap may widen further on inflows
Borrowing costs in the city state tend to closely track global interest rates, especially those of the USPublished Thu, Jun 4, 2026 · 10:01 AM[SINGAPORE] The gap between Singapore...
Samudera Shipping sells two vessels for US$23 million under fleet management, capital allocation strategy
[SINGAPORE] Samudera Shipping Line announced the disposal of two vessels as part of its ongoing fleet management and capital allocation strategy.Its wholly owned subsidiary Samudera Tankers has entered into...
Stocks to watch: Clar, DFI Retail Group, Sert, Samudera Shipping
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 4):  CapitaLand Ascendas Reit (Clar) : The real estate investment trust (Reit)...
SpaceX seeks US$75 billion in record IPO to fund AI, launch
The company expects to make its debut on Nasdaq and Nasdaq Texas under the symbol SPCXPublished Thu, Jun 4, 2026 · 06:50 AM[NEW YORK] SpaceX is seeking to raise...