News
Bessent’s bond manoeuvres giving global debasement trade new life
[LONDON] US Treasury secretary Scott Bessent’s bid to tame US borrowing costs knocked down long-term yields for barely a day. The more lasting market signal: the dollar weakened while...
Oil rises as Trump threatens sanctions on Iran partners
Published Sat, Aug 22, 2026 · 08:44 AM[HOUSTON] International and US crude oil futures rose on Friday (Aug 21) after US President Donald Trump threatened economic sanctions on Iran’s...
Wall St opens higher but weekly losses loom
Published Fri, Aug 21, 2026 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (Aug 21) after getting hammered in the previous session, though markets remained...
‘Not charity’: Asean Power Grid promises shared benefits, says DBS executive
Industry players, speaking in a forum, call for more regulatory clarity, central procurement of subsea cables[SINGAPORE] The Asean Power Grid (APG) is not about “charity”, but fostering shared growth...
Singapore stocks rise on Friday; STI up 0.3%
Published Fri, Aug 21, 2026 · 06:57 PM[SINGAPORE] Singapore stocks ended higher on Friday (Aug 21).The benchmark Straits Times Index (STI) gained 0.3 per cent or 17.05 points to...
Lily Ler to step down as CEO of Mapletree Industrial Trust manager
Anand Chandran, currently head of Asia-Pacific data centres at Mapletree Investments, will succeed her[SINGAPORE] The chief executive of Mapletree Industrial Trust Management, Lily Ler, is stepping down from her...
Singapore, India accounting bodies take ‘stepping stone’ towards mutual recognition of qualifications
They also sign a letter of cooperation setting out a framework for a proposed Global AI Fluency Initiative[SINGAPORE] Singapore’s accounting body and its Indian counterpart are taking a step...
DBS expects tokenised finance investment to catch up with traditional payments, custody in 2-3 years
Lender sees digital assets moving beyond experimentation, even as cryptocurrency prices remain under pressure[SINGAPORE] DBS expects its investment in tokenised finance to catch up with – and potentially overtake...
DayOne seeks loan to fund Hong Kong data centre ahead of US IPO
This comes amid efforts to raise funds to expand its global footprint as demand for AI capacity surgesPublished Fri, Aug 21, 2026 · 02:18 PM[HONG KONG] DayOne Data Centers...
More products, more risks? South Korea’s leveraged ETF crisis has lessons for S’pore’s retail fund push
MAS in July had proposed a more flexible framework that could allow retail investors to access new fund types[SINGAPORE] Singapore’s push to broaden the range of investment products for...
