News
Meta, Amazon, Wall Street: Global giants slashing headcounts worldwide
[SINGAPORE] The first four months of 2026 were marked by a significant wave of layoffs across the global corporate landscape. Companies are increasingly pivoting away from pandemic-era expansion towards...
Singapore stocks rise 1.1% on Thursday, lifted by DBS’ above expectation earnings
[SINGAPORE] Singapore stocks ended higher on Thursday (Apr 30), led by gains in the benchmark index’s largest constituent, DBS. The Straits Times Index (STI) rose 1.1 per cent, or...
MLT posts 7% fall in Q4 DPU; eyes up to S$300 million in asset sales
China assets earmarked for sale are to be offloaded into a planned renminbi fund Source link
PetroChina posts record Q1 profit on higher oil prices
Published Wed, Apr 29, 2026 · 08:23 PM[BEIJING] PetroChina posted its best quarterly profit, as China’s largest oil and gas producer benefited from rising energy prices due to the...
Mapletree Industrial Trust Q4 DPU falls 8%
Distribution per unit for FY2026 totals S$0.1271, down from S$0.1357 a year earlier[SINGAPORE] Mapletree Industrial Trust ( MIT ) posted a distribution per unit (DPU) of S$0.0309 for its...
OpenAI breaks free from exclusive AI pact with Microsoft
New products from the artificial intelligence startup will still be made available first on cloud unit AzurePublished Mon, Apr 27, 2026 · 11:19 PM[NEW YORK] Microsoft and OpenAI have...
Aster to explore new Singapore facility turning used motor oil into high-grade products
[SINGAPORE] Aster Chemicals and Energy is looking into building a Singapore facility that converts used motor oil into high-grade base oils, the local refinery and petrochemicals player told The...
Stocks to watch: ST Engineering, CICT, CLI, Suntec Reit, Sheng Siong, FCT, iFast
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 24): ST Engineering : The impact of the Middle East war, alongside...
CapitaLand Integrated Commercial Trust posts 7.9% rise in Q1 NPI to S$314.4 million
[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) posted on Friday (Apr 24) a 7.9 per cent rise in net property income (NPI) to S$314.4 million for its first quarter ended...
Tencent unveils AI model in high-stakes test for OpenAI hire
Published Thu, Apr 23, 2026 · 08:48 PM[SHENZHEN] Tencent revealed a major upgrade to its foundational model, marking the first high-stakes test for China’s most valuable company to assert...
MBS profit jumps 30.2% to new Q1 high of US$788 million on ‘high-quality investment’, ‘high-value tourism’
Parent company LVS’ consolidated adjusted property Ebitda climbs to US$1.4 billion[SINGAPORE] Marina Bay Sands (MBS) charted another new high for the first quarter, with profit climbing 30.2 per cent...
