News
Four candidates assessed for Fu Yu’s board, with no findings against suitability
[SINGAPORE] Four proposed directors for Fu Yu Corporation have been assessed by an independent party, with no findings made against their suitability for the role, said the company on...
US: Wall St indexes open higher with Trump’s Middle East decision in focus
Published Fri, Jun 20, 2025 · 09:49 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (Jun 20), tracking strength in global stocks after President Donald Trump held...
China’s Baidu eyes robotaxi expansion to Singapore and Malaysia
The development comes as Tesla prepares to launch its Cybercab robotaxi network within daysPublished Fri, Jun 20, 2025 · 08:45 PM[BEIJING] Baidu is planning to launch its Apollo Go...
Singapore shares end Friday in the red amid mixed regional showing; STI down 0.3%
[SINGAPORE] Local stocks ended lower on Friday (Jun 20), amid a mixed regional performance and growing concerns over a possible US military strike on Iran. The benchmark Straits Times...
JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates
[SINGAPORE] Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus, as well as The Monetary Authority of Singapore’s (MAS) initiatives,...
China keeps benchmark lending rates unchanged as expected in June
Published Fri, Jun 20, 2025 · 09:35 AM[SHANGHAI] China kept benchmark lending rates unchanged as expected on Friday, after Beijing rolled out sweeping monetary easing measures a month earlier...
Stock to watch: SingPost
[SINGAPORE] The following company saw new developments that may affect trading of its securities on Friday (Jun 20): Singapore Post (SingPost): The national postal service provider has placed 10 Housing...
Singapore’s banking hub has a busy corner where cash is still king
[SINGAPORE] In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns.Six...
ArcelorMittal drops plans for green steel in Germany due to high energy costs
Published Fri, Jun 20, 2025 · 07:06 AM[BERLIN] ArcelorMittal, the world’s second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to carbon-neutral production...
MOF says SRS withdrawal process ‘can be improved’, will work with banks on this
[SINGAPORE] The government will work with Supplementary Retirement Scheme (SRS) bank operators to smoothen account holders’ process of withdrawing funds from their account. The response comes shortly after The...
