News
OCBC outbids banks on HSBC Indonesia deal by wide margin: sources
The higher offer allows OCBC to enter bilateral negotiations to finalise the dealPublished Wed, May 20, 2026 · 11:10 AM[SINGAPORE] OCBC substantially outbid rivals in a recent deal to...
Yangzijiang Shipbuilding shareholders pull stock down 3.3% on margin-dilutive orders
The counter dips as much as 5.3% to a two-month low, but pares some losses to close 3.3% down[SINGAPORE] Shares of Yangzijiang Shipbuilding fell on Wednesday (May 20) as...
Singapore GasCo has bought enough LNG to last for rest of year
Published Wed, May 20, 2026 · 10:25 AM[SINGAPORE] Singapore has bought enough liquefied natural gas (LNG) to last through the end of the year, as it replaces shipments stuck...
Singapore among global firms eyeing Hong Kong listings as IPO rebound broadens
The foreign listing hopefuls represent sectors including technology, consumer, and financialsPublished Wed, May 20, 2026 · 09:20 AM[SINGAPORE] About 10 companies from countries including Indonesia, South Korea and Singapore...
Singapore staff first to know in Meta’s 8,000 global job cuts
This latest round of cuts is expected to hit the company’s engineering and product teamsPublished Wed, May 20, 2026 · 08:34 AM — Updated Wed, May 20, 2026 ·...
Global bond sell-off threatens turmoil in weakest Asian economies
Published Wed, May 20, 2026 · 07:48 AM[SYDNEY/JAKARTA] Three of Asia’s most vulnerable economies are showing rising strains as their central banks come under pressure to tighten policy even...
Gold holds losses as Iran impasse keeps rate hike bets high
Published Wed, May 20, 2026 · 07:17 AM[SINGAPORE] Gold held a decline as a lack of progress in reopening the Strait of Hormuz continued to fuel concerns over inflation...
Oil prices settle down after Vance cites progress in Iran talks
US crude stocks are expected to have fallen by about 3.4 million barrels in the week to May 15Published Wed, May 20, 2026 · 06:14 AM[HOUSTON] Oil prices settled...
China trade corridor a good foundation to do more, as bilateral cooperation not sure ‘win-wins’: SM Lee
He adds trade is now mixed up with security and rivalry considerations, among others, with more effort needed for positive outcomes[NANNING] Amid uncertainties and worries over trade, what used...
S&P 500 and Nasdaq open lower as chip stocks drag, inflation fears persist
Published Tue, May 19, 2026 · 09:44 PM[NEW YORK] The S&P 500 and the Nasdaq opened lower on Tuesday (May 19), pressured by a selloff in heavyweight chip stocks...
