News
ST Engineering unit bags S$840 million contract for Taiwanese rail line
The project is expected to start in Q4 this year and will be delivered over eight years[SINGAPORE] The urban solutions business of ST Engineering has secured an S$840 million...
Nasdaq opens lower as AI worries mount ahead of pivotal earnings
Published Tue, Jul 28, 2026 · 09:44 PM[NEW YORK] The Nasdaq opened lower on Tuesday (Jul 28), mirroring a cautious mood across global markets toward AI chip stocks on...
Dollar firms to one-month high as markets mull Fed hike odds
Markets are pricing a nearly 40% chance of a 25-basis-point rate increase on WednesdayPublished Tue, Jul 28, 2026 · 08:55 PM[LONDON] The US dollar steadied near a four-week high...
GSK launches US$2.5 billion savings drive to boost drug pipeline
Published Tue, Jul 28, 2026 · 07:42 PM[LONDON] GSK on Tuesday (Jul 28) launched a £1.9 billion (US$2.52 billion) cost-savings programme to help fund the British drugmaker’s late-stage studies,...
Brookfield bets on AI inference, clean power in India while tackling curtailment risks
It expects the country to add 6 GW in data centre capacity for AI inference over the next 5 years[SINGAPORE] Global asset manager Brookfield is betting on growth in...
SIA sinks into the red with S$76 million Q1 loss as fuel costs jump
[SINGAPORE] Singapore Airlines (SIA) sank into the red with a net loss of S$76 million for its first quarter ended Jun 30, 2026, compared with a net profit of...
SIA posts S$76 million Q1 loss despite record revenue as fuel cost jumps almost S$1 billion
Bottomline also dented by higher share of losses from associated companies, mainly Air India[SINGAPORE] Singapore Airlines (SIA) sank into the red with a net loss of S$76 million for...
Singapore AUM up 10.1% at S$6.7 trillion as MAS eyes competitiveness push
The central bank is in talks with industry on how the Republic’s financial markets edge could be improved[SINGAPORE] Total assets under management (AUM) in Singapore rose 10.1 per cent...
Mapletree launches first China onshore logistics fund with 1.5 billion yuan AUM
The fund, managed by China Life Capital, has a portfolio of five stabilised logistics assets[SINGAPORE] Mapletree Investments has launched its first China logistics renminbi (RMB) fund with China Life...
Mapletree launches first China onshore logistics fund with US$221-million AUM
The fund, managed by China Life Capital, has a portfolio of five stabilised logistics assets[SINGAPORE] Mapletree Investments has launched its first China logistics renminbi (RMB) fund with China Life...
