News

Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
[SINGAPORE] Jumbo Seafood will shutter its flagship East Coast Seafood Centre outlet upon the expiry of its lease on Sep 30, the restaurant chain’s parent company said on Friday...
RHB upgrades Singapore banks on wealth momentum, resilient fee income; names its top picks
[SINGAPORE] RHB has upgraded its rating on the three Singapore banks to “overweight” from “neutral”, citing their continued wealth momentum and resilient fee income generation.The brokerage believes there is...
Singapore venture funding hits S$5.9 billion as investors double down on AI, deep tech despite fewer deals: EY-Parthenon
The two themes are emerging as key growth drivers amid a broader fundraising downturn in South-east Asia[SINGAPORE] Singapore-based firms raised S$5.9 billion in 472 venture capital deals in 2025,...
DBS upgrades Singtel to ‘buy’ as Bharti Airtel gets valuation boost with upcoming industry tailwind
[SINGAPORE] Singtel has been upgraded from “hold” to a “buy” rating by DBS Research, following a higher valuation of the group’s India-listed Bharti Airtel, in which Singtel holds a...
Trump says Iran and Oman will not control Strait of Hormuz, deal remains elusive
The three-month-old war has killed thousands and sent global energy prices sharply higherPublished Thu, May 28, 2026 · 06:59 AMUS PRESIDENT Donald Trump on Wednesday (May 27) dismissed a...
European equities slip as US strikes on Iran cloud peace prospects
Published Wed, May 27, 2026 · 08:07 AMEUROPEAN shares slipped on Tuesday (May 26) as doubts over the prospects of a deal to end the conflict with Iran weighed...
Starbucks Korea top executives apologise as boycott hits revenue
Published Tue, May 26, 2026 · 11:00 AM[SEOUL] Top executives issued public apologies and warned of “substantial” declines in revenue after Starbucks Korea was hit with a boycott campaign...
China trading curbs may hit HK$250 billion of Hong Kong assets
It comes as more mainland investors chase higher returns in the US and other overseas marketsPublished Mon, May 25, 2026 · 12:47 PMCHINA’S latest crackdown on cross-border stock trading...
SGX RegCo sets three-year limit for suspended companies to resolve concerns
The regulator will delist issuers who do not show progress with sufficient urgency[SINGAPORE] Singapore Exchange Regulation (SGX RegCo) will set a three-year limit for suspended issuers to resolve concerns...
Airspace bans, Iran war, rising fuel costs: Air India CEO says successor will have ‘hands full’
Campbell Wilson said it was always clear that he would hold a four-year term, but would take steps to help his successorPublished Fri, May 22, 2026 · 02:17 PM[NEW...
US to invest in quantum computing firms in exchange for stakes
Published Thu, May 21, 2026 · 08:52 PMTHE Trump administration is awarding grants to a handful of companies, including IBM, that are focused on quantum computing in exchange for...
European equities ease as investors await Middle East peace updates
Published Thu, May 21, 2026 · 03:42 PMEUROPEAN shares dipped on Thursday, as investors remained cautious while awaiting further developments in US-Iran peace talks.Iran said it was reviewing Washington’s...