News
Clar buys Tuas logistics property for S$133.9 million
[SINGAPORE] CapitaLand Ascendas Reit (Clar) is buying a modern ramp-up logistics facility at 5 Tuas Avenue 5 for a purchase consideration of S$133.9 million in cash.The purchase price represents...
Geopolitical risks must be considered before investing in tech: Temasek chairman Teo Chee Hean
One has to take into account global events and how that may impact a company, says the chairman[SINGAPORE] While Temasek Holdings is “quite forward-leaning” when it comes to its...
Meta reveals details about layoffs in Playa Vista and Menlo Park
Meta Platforms announced more details about its latest round of layoffs. As part of its already-announced plans to cut close to 10% of its workforce, more than 2,000 employees...
Thomson Medical Group names Cassandra Loh as acting CEO for its Singapore operations
She will take over from Lee Suen Ming, who will be leaving to ‘pursue personal interests’[SINGAPORE] Thomson Medical Group – controlled by billionaire Peter Lim – has announced the...
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...
