News
Opec+ to raise oil output slightly even as US war on Iran disrupts shipments
Bloc agrees to raise output by 206,000 bpd; Saudi Arabia and UAE have already raised exportsPublished Sun, Mar 1, 2026 · 07:59 PM[LONDON/MOSCOW] Opec+ has agreed in principle to...
OUE loss widens to S$314.7 million in H2 FY2025
The group’s half-year revenue is down at S$324.3 million from S$332 million the year before [SINGAPORE] OUE reported a loss of S$314.7 million in H2 FY2025, 65 per cent...
Hong Fok’s H2 FY2025 net profit rises 14.7% to S$23.1 million; revenue falls 13.9% to S$51.4 million
Revenue for H2 FY2025 falls 13.9% to S$51.4 million, from S$59.7 million in H2 FY2024[SINGAPORE] Hong Fok’s earnings for the second half of the year ended Dec 31, 2025,...
EBay laying off about 800 workers, 6% of global workforce
Published Thu, Feb 26, 2026 · 09:52 PM — Updated Thu, Feb 26, 2026 · 09:52 PM[SAN JOSE] EBay is cutting about 800 jobs, or 6 per cent of...
OCBC favours special dividends over buybacks for excess capital, says new CEO
[SINGAPORE] If there is excess capital to be returned, OCBC’s preference would be to do so through a special dividend rather than a share buyback scheme, group chief executive...
European shares close higher but trade uncertainty lingers
Published Wed, Feb 25, 2026 · 05:54 AMEUROPEAN shares rose against a backdrop of broader market gains on Tuesday, tracking increased risk appetite on Wall Street, although investors awaited clarity...
Crypto.com says it won conditional approval for US bank charter
Becoming trust banks does not allow the firms to act as traditional Main Street institutionsPublished Tue, Feb 24, 2026 · 07:54 AM[NEW YORK] Crypto.com said that it received conditional...
Singapore’s STI up, Apac stocks largely gain after Trump raises new global tariffs to 15%
The new tariffs can be as high as 15 per cent and can last 150 days without congressional approval[SINGAPORE] Markets in Asia-Pacific largely shrugged off US President Donald Trump’s...
DBS to impose 12-hour cooling period for adding new payees, raising daily transfer limits
[SINGAPORE] From Mar 7, DBS digital banking users will need to wait 12 hours before they can add a new transfer recipient, increase daily transfer limits for local and...
Detroit auto industry spared from Trump’s latest tariff programme
Published Sat, Feb 21, 2026 · 01:50 PM[DETROIT] Detroit’s automakers learned Friday (Feb 20) night that they had been spared from tariffs that US President Donald Trump imposed after...
