Culture
Glencore JV in talks to buy Exxon's 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
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Singapore
Culture
DBS downgrades Genting Singapore to ‘hold’, trims target price on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded Genting Singapore to a “hold” rating and lowered its target price for the stock from S$0.90 to S$0.80,…
Culture
Singapore stocks extend rally on Wednesday; STI up 0.3%
Across the broader market, gainers outnumber losers 287 to 187, with 1.2 billion securities worth S$1.2 billion changing hands Investors…
Culture
Macquarie is said to weigh sale of Singapore petrochemical asset
The terminal has about 409,000 cubic metres of storage capacity and more than 80 tanks Macquarie Group’s asset management arm is…
Culture
Singapore stocks hold firm after latest salvo of US tariffs; STI up 0.4%
Across the broader market, gainers outnumber losers 321 to 197, as 1.5 billion securities worth S$1.7 billion change hands The local…
Culture
Singapore stocks rise on Monday; STI up 0.5%
The local bourse kicked off the week on a positive note even as markets monitored how the tariff tango was unfolding. The Straits Times…
Culture
Data Protection Trustmark elevated to Singapore Standard
Minister for Digital Development and Information Josephine Teo announced the elevation of the Data Protection Trustmark (DPTM) to the…
Culture
ING looks to expand non-interest income pillars in Singapore to buffer rate risks
Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that…
Culture
Singapore shares slip as tariff pause will end soon; STI drops 0.2%
STI dips to 4,013.62 as decliners beat gainers 282 to 192 across the broader market Singapore equities retreated along with some regional…
Culture
Pelita Air to operate from T4 when it lands in Singapore, likely using Jetstar premises
Indonesia’s Pelita Air Service is said to be taking over the check-in premises of Jetstar Asia at Changi Airport terminal 4 after the…
Culture
Singapore shares up 0.2% amid mixed regional showing
Gainers lead decliners 277 to 215 across the broader market amid heavy trading on the city-state’s bourse Singapore shares edged up on…
Culture
Latest Singapore six-month T-bill cut-off yield down at 1.85%
The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) tumbled to 1.85 per cent, based on auction results released by…
Culture
Micron sees new Singapore plant as key in plan to meet rising demand for AI-enabling chips
A new US$7 billion (S$8.9 billion) plant being built in Singapore will underpin Micron Technology’s plans to produce advanced…
Culture
Schroders picks Singapore for global digital assets hub
International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence. The…
Culture
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will…
Culture
Singapore shares move in tandem with Wall Street rally
Buoyed by the overnight Wall Street rally, Singapore shares rose on Tuesday (Jul 1), with about the top one-third counters by weighting on…
Culture
NTT seeks up to US$864 million in data centre Reit's Singapore IPO
[SYDNEY/SINGAPORE] Japanese telecom giant NTT is seeking to raise roughly US$864 million in a Singapore IPO for a data centre Reit if an…
Culture
Singapore shares buck regional rally, STI dips 0.1%
Wilmar International’s shares still under pressure, hit a 52-week low at market’s close; OKP and Keong Hong both at 52-week highs…
Culture
As Singapore snares its largest Reit IPO in a decade, the Hong Kong exchange is busier than ever
The last week has seen good news for the Singapore Exchange (SGX). Not only is NTT’s upcoming real estate investment trust (Reit) listing…
Culture
Singapore stocks track overnight Wall Street gains on Friday; STI up 0.7%
Local stocks tracked overnight Wall Street gains to end higher on Friday (Jun 27). The benchmark Straits Times Index (STI) rose 0.7 per…
Culture
Amazon Web Services and Digital Industry Singapore launch programme to spur AI transformation
Amazon Web Services (AWS) and government agency Digital Industry Singapore (DISG) on Thursday (Jun 26) launched a programme to accelerate…
Culture
Singapore stocks rise on Thursday amid mixed regional trading, STI up 0.3%
Local stocks ended higher on Thursday (Jun 26), amid mixed trading in the region. The benchmark Straits Times Index (STI) rose 0.3 per…
Culture
Singapore Savings Bond demand falls short; 10-year average return drops to 2.49%
In comparison, the previous issuance for June saw a total of S$302.9 million in applications, versus S$500 million on offer The latest…
Culture
Singapore Savings Bonds fully allocated; 10-year average return drops to 2.49%
In comparison, the previous issuance for June saw a total of S$302.9 million in applications, versus S$500 million on offer The latest…