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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...
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,...
