News
Oil settles down 2% on weak demand outlook, hefty US crude build
Opec lowered its world oil demand growth forecast for 2026 to 580,000 barrels per dayPublished Fri, Aug 14, 2026 · 06:04 AM[NEW YORK] Oil settled down more than 2 per cent on...
US stocks: S&P 500 notches record-high close as rate-hike worries ease
Published Fri, Aug 14, 2026 · 05:49 AMTHE S&P 500 notched a record-high close on Thursday (Aug 13), fuelled by advances in Sandisk and other heavyweight technology stocks, as tame...
India’s Tata Motors says change of group chairman won’t affect investment plans
Published Thu, Aug 13, 2026 · 11:15 PM[MUMBAI] India’s Tata Motors Passenger Vehicles said on Thursday (Aug 13) its investment spending will not change following the exit of parent...
UMS Integration Q2 profit up 89% buoyed by AI ‘super cycle’, aviation boom
Revenue from all its markets increase, declares second interim dividend of S$0.01 per share[SINGAPORE] Semiconductor company UMS Integration (UMS) posted an 89 per cent jump in its net profit...
Wall St opens higher as investors weigh weaker oil, PPI data
Published Thu, Aug 13, 2026 · 09:46 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 13) as crude oil prices fell, improving risk appetite, while investors...
Greenback steadies after benign US inflation curbs Fed rate hike bets
Published Thu, Aug 13, 2026 · 08:14 PM[LONDON] The US dollar drifted on Thursday (Aug 13) after an overall benign reading of US consumer inflation prompted traders to pare...
Frencken H1 net profit falls 3.4% to S$19.3 million
[SINGAPORE] Tech solutions provider Frencken Group on Thursday (Aug 13) reported a 3.4 per cent decline in net profit to S$19.3 million for the first half ended Jun 30,...
Singapore shares close flattish amid mixed regional showing; STI down 0.01%
Published Thu, Aug 13, 2026 · 06:43 PM[SINGAPORE] Singapore stocks ended flattish on Thursday (Aug 13) as regional indices turned in a mixed performance.The benchmark Straits Times Index (STI)...
Foundation Healthcare H1 profit drops 67.6% to S$1.2 million on higher operating expenses post-IPO
It expects investments in expanded clinic footprint and specialist network to drive future margin growth[SINGAPORE] Foundation Healthcare Holdings (FHH) on Thursday (Aug 13) posted a 67.6 per cent year-on-year...
CapitaLand Investment to restructure portfolio, recycle up to S$9 billion
It plans to monetise legacy, non-core balance-sheet assets; pare excess holdings in some Reits, private funds[SINGAPORE] CapitaLand Investment is undertaking a portfolio restructuring with up to S$9 billion of...
