News

Bank of Korea’s Rhee says US-China trade talks important for Asia
[SEOUL] Bank of Korea (BOK) governor Rhee Chang-yong said the outcome of trade negotiations between the US and China will have an impact on all of Asia’s economies, highlighting...
Grand Venture Tech shares up 11.9% on paused Malaysian listing amid potential share offer
None of the directors or substantial holders of GVT or their associates have interest in the matter[SINGAPORE] Grand Venture Technology (GVT) shares soared on Monday (Jun 2) morning after...
Grab makes move to enter motor insurance market in Singapore
[SINGAPORE] GrabInsure, the insurance arm of the Grab group, is gearing up to enter Singapore’s motor insurance market.Some industry insiders said the move could deal a blow to the...
Stamford Land H2 profit falls 14.2% to S$17.6 million on lower contributions from property development segment
[SINGAPORE] Property company Stamford Land reported a 14.2 per cent fall in net profit to S$17.6 million for its second half ended March, from S$20.6 million in the year-ago...
Thailand’s stalled cash handout scheme sours voters on ruling party
[BANGKOK] Rungthiwa Pimphanit waited months for a long-promised cash handout of 10,000 baht (S$395) from Thailand’s ruling party, which she backed in 2023 elections, but now the scheme to...
Stocks to watch: Grand Venture, Tung Lok, DFI, Olam, Stamford Land, Boustead, Wee Hur, OKP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 2).Grand Venture Technology: The semiconductor company on Sunday said it had paused...
‘Let’s bank’: How MariBank plans to win over Singapore’s retail and SME segments
[SINGAPORE] When Natalia Goh joined Sea’s digital bank MariBank, the first question she often got was: how do you pronounce it? “Mari”, inspired by the first word in the...
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year...
Air India in talks for major new narrow-body jet order
The order discussions could involve hundreds of airplanes in total, spread across various sizesPublished Sun, Jun 1, 2025 · 08:15 PM[NEW DELHI] Tata Group’s Air India is in talks...
Chinese economy stays challenged but some consumer stocks offer potential: BOA
[SINGAPORE] While headwinds persist for the Chinese economy and consumer confidence stays low, a select range of stocks could defy broader market trends and outperform their peers, said the...
There’s one bright spot for San Francisco’s office space market
SAN FRANCISCO — In recent years, San Francisco’s image as a welcoming place for businesses has taken a hit.Major tech companies such as Dropbox and Salesforce reduced footprints in the city...
Independent director Chua Kee Lock acquires venture shares on open market
[SINGAPORE] Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$2 million compared to...