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Singapore shares fall on Friday, pending news of US-Iran diplomacy efforts; STI down 0.2%
Yangzijiang Shipbuilding leads the gainers on the benchmark index, rising to S$4.09[SINGAPORE] Singapore stocks closed lower on Friday (Apr 17), mirroring a broader regional reversal as investors await updates...
Chinese regulator fines, confiscates US$527m from food-delivery platforms
Published Fri, Apr 17, 2026 · 06:32 PM[BEIJING] China’s market regulator on Friday (Apr 17) fined and confiscated a total of US$527.32 million from seven e-commerce platforms over food...
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
The lender also flagged minimal private credit exposure, and said that its balance sheet can absorb Middle East shocks[SINGAPORE] UOB’s S$4.9 billion acquisition of Citigroup retail banking businesses in...
Iran conflict, disaster risks could drive inflation pressures in Singapore, Asia: Swiss Re global CEO
Driven by recent uncertainties, Swiss Re has established a task force to monitor geopolitical hotspots [SINGAPORE] A prolonged disruption in the Strait of Hormuz could drive up inflation and...
Ericsson first-quarter profit misses estimates on sluggish sales
The company has focused on slashing costs, eliminating about 5,000 jobs worldwide in 2025Published Fri, Apr 17, 2026 · 02:02 PM[ZURICH] Ericsson earnings missed analysts’ forecasts in the first...
Vietjet signs finance lease deal with SPDB for 10 Chinese-made Comac aircraft
Published Fri, Apr 17, 2026 · 01:34 PM[HANOI] Vietnam’s budget airline Vietjet has signed a finance lease agreement for 10 Comac C909 narrow body aircraft with China’s SPDB Financial...
Wall Street turns gloomy on US dollar as haven demand fades
Investors are once again focusing on the headwinds that drove the dollar down 8 per cent in 2025Published Fri, Apr 17, 2026 · 01:34 PMDEUTSCHE Bank and Wells Fargo...
IMF expects ECB to raise rates by half a percentage point in 2026
Published Fri, Apr 17, 2026 · 01:32 PM[WASHINGTON] The European Central Bank should lift its key interest rate twice this year to combat an energy-driven inflation surge, but should...
Hormuz blockade stirs tension over Malacca strait near Singapore
The Strait of Malacca is also more than five times longer than the Strait of Hormuz, providing ample scope for disruptionPublished Fri, Apr 17, 2026 · 12:27 PM[SINGAPORE] The...
London metals index at record high on aluminium ‘black hole’ fear
Published Fri, Apr 17, 2026 · 12:05 PMINDUSTRIAL metals jumped to a record high on the London Metal Exchange (LME), driven by gains in aluminium after the Middle East...
