Fashion
Frasers Logistics & Commercial Trust H1 DPU drops 1.7% to S$0.0295
[SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) reported a 1.7 per cent drop in its distribution per unit (DPU) to S$0.0295 for its first half ended Mar 31, 2026,...
GE Vernova is riding geopolitics and AI for a spectacular surge
[SINGAPORE] Consider this: In November 2021, when General Electric chief executive Larry Culp announced he was splitting America’s best-known engineering firm into three – GE Aerospace, GE Healthcare Technologies...
Oil prices jump 6% as Iran sets UAE oil port ablaze, strikes vessels in Strait of Hormuz
Published Tue, May 5, 2026 · 05:57 AM[NEW YORK] Oil prices jumped about 6 per cent on Monday (May 4) as Iran stepped up attacks on the United Arab...
US stocks: S&P 500, Dow tick lower as Middle East tensions unsettle investors
Published Mon, May 4, 2026 · 11:00 PMTHE benchmark S&P 500 and the blue-chip Dow edged down on Monday (May 4) as investors weighed heightened anxiety over the Middle...
Keppel Infrastructure Trust to acquire another 39% stake in Jurong Island power plant for S$128.1 million
KIT’s trustee manager says the proposed acquisition will generate stable and predictable cash flows [SINGAPORE] Keppel Infrastructure Trust (KIT) announced on Monday (May 4) that it will acquire an...
The Singapore equities market is buzzing. Market players are hoping it can last
There are more enquiries on local equities, as well as a growing calendar of investment events[SINGAPORE] It is a Monday night, but the event space for an investment seminar...
Oil pares gains after US says two vessels crossed Strait of Hormuz
Published Mon, May 4, 2026 · 10:05 PM[LONDON] Oil prices pared earlier gains on Monday after the US military said two US Navy guided-missile destroyers had entered the Gulf...
ECB rate hike in June is ‘all but inevitable,’ Kazimir says
Published Mon, May 4, 2026 · 09:18 PMIT’S highly likely that the European Central Bank will have to raise interest rates at its next meeting in June, Governing Council...
OCBC to acquire HSBC Indonesia’s wealth, retail business, adding S$6.6 billion in AUM
This move follows OCBC’s 2024 purchase of Bank Commonwealth Indonesia and deepens its push into the country’s wealth segment [SINGAPORE] OCBC has agreed to acquire the assets and liabilities...