News

Nestle to sell water unit stake for about US$3.4 billion to Platinum Equity
The companies will form a 50-50 joint venture called Peranel with an enterprise value of 4.9 billion eurosPublished Thu, Jul 23, 2026 · 03:05 PM[VEVEY, Switzerland] Nestle agreed to...
Malaysia, Hong Kong securities regulators agree to ease dual IPO listings, strengthen collaboration
Move aims to encourage cross-border investment, broaden access to both countries’ capital markets and enhance investment opportunitiesPublished Thu, Jul 23, 2026 · 01:26 PM[KUALA LUMPUR] Malaysian and Hong Kong...
Construction among Singapore’s top-performing sectors; up to S$53 billion demand forecasted in 2026: SGX
Among the 20 largest stocks in the sector, share prices gained an average of 56% over the past 12 months[SINGAPORE] Singapore’s construction sector grew 11.8 per cent year on...
Singapore’s SMEs are staying nimble to sustain business in the Middle East
Even amid uncertainty, some home-grown firms are looking to capture new growth opportunities[SINGAPORE] The Middle East has long been a key market for many Asian companies, which have sought...
Foundation Healthcare jumps 16% this week; UBS makes multiple stabilisation trades
[SINGAPORE] Shares of Foundation Healthcare has jumped around 16 per cent since the start of the week, with stabilisation manager UBS making multiple share purchases.The counter rose as much...
Nasdaq to kick off tiny companies faster after SEC approves rule
Firms worth less than US$5 million for 30 straight days face immediate suspension and delisting under the stricter standardPublished Thu, Jul 23, 2026 · 09:46 AM[WASHINGTON] Nasdaq will change...
Stocks to watch: Keppel DC Reit, Mapletree Logistics Trust, CSE Global, OUE Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 23): Keppel DC Reit : The real estate investment trust’s (Reit) distribution...
Keppel DC Reit posts 11.3% rise in H1 DPU to S$0.05714
[SINGAPORE] The distribution per unit (DPU) of Keppel DC Reit rose 11.3 per cent to S$0.05714 for its first half ended Jun 30, 2026, from S$0.05133 the year before,...
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap
The challenge then is to work out how to cut needless friction in the system without weakening safeguards​[SINGAPORE] In a rented room above Norris Road in Singapore’s Little India...
Oil prices rise to highest since Jun 8 amid escalating US-Iran tensions, Houthi Red Sea blockade
New threat to Red Sea passage could interrupt up to 5 million barrels per day of oil supplyPublished Thu, Jul 23, 2026 · 06:19 AM — Updated Thu, Jul...
Wall Street indices dip with technology earnings, rising oil in focus
The crowded earnings calendar leaves markets vulnerable to sharper swings this weekPublished Thu, Jul 23, 2026 · 05:51 AM[NEW YORK] The Nasdaq led Wall Street lower on Wednesday (Jul...
Samsung unveils wider foldable phone, hikes prices as chip costs rise
Published Wed, Jul 22, 2026 · 11:20 PM[SEOUL] Samsung Electronics on Wednesday (Jul 22) unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it...