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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...
Asean’s biodiesel push fuels palm oil rally, but will SGX-listed players gain?
Higher crude palm oil prices support upstream plantation earnings, but could be a double-edged sword for integrated operators: analysts[SINGAPORE] A crude oil supply shortfall from the prolonged closure of...
Airlines tackle fuel cost surge with price hikes, outlook cuts
A SURGE in jet fuel prices from US$85-$90 to US$150-$200 per barrel amid the US-Israeli war on Iran has blindsided the aviation industry, where fuel accounts for up to...
India explores steps to mobilise US dollar inflows as rupee slides, sources say
The currency is down by 5.5% in 2026, sliding to an all-time low of 95.33 per US dollar on Apr 30Published Mon, May 4, 2026 · 08:28 PM[MUMBAI] India’s...
Singapore stocks rise on Monday; STI gains 0.2%
Across the broader market, gainers beat losers 416 to 221, after 3.4 billion securities worth S$2.1 billion change hands[SINGAPORE] Singapore stocks ended higher on Monday (May 4).The benchmark Straits...
Cross-border taxi bookings start on Grab app; fares vary based on time of day, distance
Published Mon, May 4, 2026 · 06:51 PM[SINGAPORE] Grab’s users in Singapore are now able to book cross-border taxis from anywhere on the island to Johor through its app, although...
MAS partners banking industry to tap AI, machine learning to combat financial crime
[SINGAPORE] The Monetary Authority of Singapore (MAS) on Monday (May 4) said it will harness artificial intelligence and machine learning techniques to combat financial crime. To enhance scam-detection capabilities,...
Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026
Published Mon, May 4, 2026 · 04:08 PMBARCLAYS on Monday joined a growing list of brokerages to bet on no policy easing from the US Federal Reserve this year,...
European shares steady as investors assess Middle East progress; automakers slide
Published Mon, May 4, 2026 · 03:45 PMEUROPEAN shares were muted on Monday, as investors watched for signs of progress in Middle East talks, while European automakers were under...
