News
European shares end near two-week highs on defence, tech boost
Global investors are keen on artificial intelligence bellwether Nvidia’s resultsPublished Thu, May 21, 2026 · 05:40 AM[BENGALURU] European shares finished near two-week highs on Wednesday (May 20), aided by...
Barclays CEO says UK should seek ways to lower cost of Brexit
Published Thu, May 21, 2026 · 12:11 AMTHE UK should look for ways to reverse the economic effect of Brexit, though it may be impractical to undo Britain’s exit...
Intuit to cut 17% of global jobs to streamline operations: memo
Published Wed, May 20, 2026 · 10:16 PMINTUIT is laying off about 17 per cent of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus...
Former OCBC trading rep, ex-GM of Sasseur Reit affiliate found guilty of trading offences
One is convicted of abetting false trading and the other, of engaging in insider tradingTWO individuals have been convicted under the Securities and Futures Act – one of them...
Grab to consolidate Indonesia’s Superbank into financial services segment; Singtel transfers stake to GXS Bank
Superbank, which completed an IPO in Indonesia in December 2025, has a market capitalisation of US$1.6 billion[SINGAPORE] Grab will consolidate Indonesian digital bank Superbank into its financial services segment,...
Disney accused of misusing facial recognition technology
A visitor has filed a $5-million lawsuit against Disneyland for allegedly failing to properly disclose the use of facial-recognition technology at park and collecting sensitive data on guests.Summer Christine...
Collapse of M1-Simba deal reveals chinks in Singapore’s cursed telco consolidation dream
A rollback to a three-player market is inevitable; the tragedy is how difficult the exit has become[SINGAPORE] Everything in Singapore feels like it is getting more expensive – from...
Commercial vehicle COE premium up 5.4% to new record of S$92,223
For May’s second round of bidding, the mainstream car category is the only premium to dip, down 0.4% to S$124,229[SINGAPORE] The Certificate of Entitlement (COE) premium for commercial vehicles...
Japan’s Nikkei ends near three-week low as AI-stock selloff weighs
Published Wed, May 20, 2026 · 03:23 PM[TOKYO] Japan’s Nikkei share average closed at a near three-week low on Wednesday (May 20), with SoftBank Group leading the decline, as...
London’s Global Healthcare Opportunities and Singapore-based CBC Group to merge creating investment giant: FT
The merger is expected to create a US$21 billion investor employing more than 200 professionals globally Published Wed, May 20, 2026 · 02:20 PM[BENGALURU] One of Europe’s largest healthcare private...
