News

CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Tan Chian Khong says Lai, who is also Heliconia chairman, requested his resignation from board, committee roles[SINGAPORE] Technology systems integrator CSE Global on Tuesday (Jun 16) disclosed the exchanges...
Stocks to watch: Boustead Singapore, CSE Global, Elite UK Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 17): Boustead Singapore : The engineering and technology group’s subsidiary, Esri Australia,...
GIC nears deal to offload US$2 billion in private credit stakes
Institutional investors are utilising the secondary market more frequently to rebalance their portfoliosPublished Wed, Jun 17, 2026 · 08:06 AM[NEW YORK/LONDON] Singapore sovereign wealth fund GIC is finalising the...
Nasdaq and S&P 500 slip while Dow hits record close
Published Wed, Jun 17, 2026 · 05:53 AM[NEW YORK] The Nasdaq Composite and the S&P 500 finished lower on Tuesday (Jun 16) under pressure from technology stocks, while the...
Snap unveils its $2,195 augmented reality glasses as rivalry with Meta heats up
Social media company Snap on Tuesday showcased a pair of its $2,195 augmented reality glasses, staking a claim in a race to reshape how people interact with computers.The Santa...
Yum to sell struggling Pizza Hut chain for US$2.7 billion
Published Tue, Jun 16, 2026 · 09:55 PMYUM! Brands agreed to sell its struggling Pizza Hut chain for US$2.7 billion to a private equity firm and its China business.Pizza Hut...
Binance set to lose EU licence bid, permission to offer services in the bloc: sources 
The company believes it has met the relevant requirements to be MiCA authorised, a spokesperson saidPublished Tue, Jun 16, 2026 · 09:43 PM[FRANKFURT] Binance, the world’s largest crypto exchange,...
China signs up 26 financial institutions to digital yuan cross-border payment platform
It supports 24-hour digital payment links with foreign central banks and overseas financial institutionsPublished Tue, Jun 16, 2026 · 08:29 PM[SHANGHAI] China’s digital yuan operation centre signed direct participant...
Boustead Singapore unit renews contract with Australian government for S$60 million
Move is expected to have positive material impact on profitability and EPS in the financial year ending Mar 31, 2027[SINGAPORE] Boustead Singapore’s subsidiary, Esri Australia, has renewed a contract...
SpaceX set to vault past Amazon in market value as shares extend IPO surge
Published Tue, Jun 16, 2026 · 08:17 PMSHARES of Elon Musk’s SpaceX extended a post-IPO rally and rose more than 8 per cent in premarket trading on Tuesday, putting...
SpaceX vaults past Amazon’s market value as options listing fuels surge
Published Tue, Jun 16, 2026 · 08:17 PM — Updated Wed, Jun 17, 2026 · 07:35 AM[BENGALURU] SpaceX roared past Amazon’s market valuation on Tuesday (Jun 16) and briefly...
Singapore shares rise on Tuesday; STI up 0.8%
Published Tue, Jun 16, 2026 · 06:53 PM[SINGAPORE] Singapore stocks ended higher on Tuesday (Jun 16).The benchmark Straits Times Index (STI) gained 0.8 per cent or 39.57 points to...