News
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...
Driverless disruption: Tech titans gird for robotaxi wars with new factory and territories
As three key players vie for dominance, the race to put driverless taxis on roads across the country is heating up.Waymo, owned by Google’s parent company Alphabet, already offers...
TikTok deal gets another extension from Trump
President Donald Trump on Thursday signed an executive order giving TikTok a 90-day extension to work out a deal with the U.S. government that addresses security concerns over the...
Trump extends deadline for TikTok sale by another 90 days to Sep 17
[WASHINGTON] US President Donald Trump announced on Thursday (Jun 19) that he has given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the...
Trump says he signed executive order extending deadline for TikTok closing
Published Thu, Jun 19, 2025 · 11:54 PM[WASHINGTON] US President Donald Trump said on Thursday (Jun 19) that he has signed an executive order extending the June 19 deadline...
