News
Frencken shares fall 15.5% after Q1 earnings dive
[SINGAPORE] Shares of Frencken fell by as much as 15.5 per cent or S$0.47 to S$2.57 shortly after market open at 9.30 am on Tuesday (May 19).By that time,...
Oil falls over 2% as Trump says he holds off scheduled attack on Iran
Published Tue, May 19, 2026 · 08:45 AM[BENGALURU] Oil prices fell more than 2 per cent in early Asian trade on Tuesday (May 19) after US President Donald Trump...
Gold extends gain as hopes for Iran truce ease inflation fears
Published Tue, May 19, 2026 · 08:13 AM[SINGAPORE] Gold extended a gain as the prospect of a US-Iran ceasefire deal eased some inflationary concerns that have weighed on bullion.The...
OpenAI defeats Elon Musk’s lawsuit, removes obstacle to IPO
Published Tue, May 19, 2026 · 07:51 AM[OAKLAND, California] A US jury on Monday (May 18) ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence...
Nasdaq leads equity losses with oil, borrowing costs in focus
Published Tue, May 19, 2026 · 06:20 AM[NEW YORK] The Nasdaq and the benchmark S&P 500 closed lower on Monday (May 18) as investors took some profits in technology...
Jury rejects Elon Musk’s lawsuit, sides with OpenAI in bitter feud over AI future
A federal jury sided with OpenAI and its top executives on Monday in a feud with Elon Musk, who accused them of betraying a shared vision for it to...
M1-Simba deal: What are frequency spectrums and when does their use become unauthorised?
Unassigned use of frequency spectrum may allow operators to gain an unfair advantage, says IMDA[SINGAPORE] A proposed consolidation between telcos M1 and Simba Telecom has been put on pause,...
Analysts tip StarHub as ‘obvious’ front runner for M1 after Simba merger stalls
The setback is expected to weigh on Keppel, which had planned to monetise M1 through the deal[SINGAPORE] The pause on the proposed merger between telcos M1 and Simba announced...
Scuttled M1-Simba deal leaves investors with more questions than answers
[SINGAPORE] After months of anticipation and a heated public consultation, it appears the S$1.4 billion deal for Simba Telecom to buy the telecommunications business of M1 from asset manager...
Singapore stocks end higher amid mixed regional showing; STI up 0.2%
[SINGAPORE] Singapore stocks closed higher on Monday (May 18), with a mixed performance in regional markets amid escalating geopolitical tensions and a surge in oil prices.The benchmark Straits Times...
