News

Gold rises as weak US data offsets optimism from Trump-Xi call
GOLD rose on Friday and was set for weekly gains, as a spate of weak US economic data outweighed optimism from President Donald Trump’s call with his Chinese counterpart Xi...
Sats proposes sale of 49% stake in holding company to Swiss airline caterer for 4.2 million euros
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says[SINGAPORE] Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per...
HSBC’s Mark Tucker moves to Hong Kong insurer AIA as chairman
Published Fri, Jun 6, 2025 · 09:17 AMMARK Tucker, HSBC’s former Asia chairman, has been appointed to the same role at Hong Kong-based insurance company AIA Group, the two...
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust, Fu Yu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 6).OCBC: The bank’s insurer, Great Eastern, seeks to delist through OCBC exit...
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 6).OCBC: The bank has made a S$0.9 billion conditional exit offer at S$30.15...
Oil settles up as US, China teams to meet following Trump, Xi trade call
[HOUSTON] Oil prices settled higher on Thursday, recovering from the previous day’s drop, on news that the US and China agreed to more trade talks following a phone call between...
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more hawkish commentary overshadowed a widely expected rate cut.The pan-European Stoxx 600, which was initially in...
US: Stocks slump as Tesla shares tank on Trump-Musk row
[WASHINGTON] Wall Street stocks tumbled on Thursday as a row between US President Donald Trump and Tesla boss Elon Musk erupted - with the electric vehicle firm’s share price tumbling around...
Your 5 most burning questions about the new Nintendo Switch 2, answered
The Nintendo Switch 2 console has officially been released, as retailers opened their doors at midnight — 9 p.m. here on the West Coast — to welcome early adapters...
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines[SINGAPORE] Great Eastern is considering options that include a plan to delist via an offer...
Singapore shares rise on US rate-cut hopes, softer T-bill yields; STI up 0.4%
UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year [SINGAPORE] Local shares rose on Thursday (Jun 5) as softer US hiring...