News
Citigroup bets on CEO Fraser’s overhaul to aim for 11% to 13% profitability
Published Thu, May 7, 2026 · 08:54 PMCITIGROUP is targeting an adjusted return on tangible common equity of 11 per cent to 13 per cent for 2027 and 2028,...
6-storey office building planned near Changi Airport Terminal 3
[SINGAPORE] The operator of Changi Airport is looking to develop a new office building near Terminal 3.Changi Airport Group (CAG) in February received permission from the Urban Redevelopment Authority...
ST Engineering unit bags Middle East smart mobility projects worth over S$100 million
The group’s urban solutions business has a ‘decade-long track record’ in the region[SINGAPORE] The urban solutions business of ST Engineering has secured two smart mobility projects in the Middle...
Singapore stocks rise, tracking regional gains; STI up 0.3%
Across the broader market, gainers outnumber losers 416 to 225, after 2.1 billion securities change hands[SINGAPORE] Singapore stocks ended higher on Thursday (May 7), in line with gains elsewhere...
Workspace provider JustCo files preliminary prospectus for mainboard IPO
The group plans to open 28 centres in 2026, bringing its total to 78; it also intends to enter new markets[SINGAPORE] Workspace provider JustCo on Thursday (May 7) lodged...
GameStop CEO says eBay shut his account after buyout funding stunt
He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platformPublished Thu, May 7, 2026 · 05:34 PM[TEXAS] GameStop CEO...
Singapore digital banks GXS, MariBank lean on South-east Asia to fuel profitability
[SINGAPORE] Singapore’s digital banks are turning to faster-growing South-east Asian markets to drive loan growth as they set their sights on the path to profitability. This is amid rising...
European shares pause as markets watch Middle East peace prospects; earnings on tap
Published Thu, May 7, 2026 · 03:51 PMEUROPEAN shares were steady on Thursday, after a sharp rally in the previous session, with investors holding on to optimism that a...
AirAsia to start new airline, stays defiant on fuel hedging
To help fund expansion, AirAsia is preparing to sell as much as US$600 million in bondsPublished Thu, May 7, 2026 · 03:24 PMAIRASIA X co-founder Tony Fernandes said he...
Shell’s profit beats expectations at US$6.9 billion, raises dividend by 5%
The company cuts the pace of its quarterly share buyback programme to US$3 billion from US$3.5 billionPublished Thu, May 7, 2026 · 02:41 PM — Updated Thu, May 7,...
