News

5 takeaways from Singapore banks’ Q2 results – diverging outlooks, China tax rules emerge as new watchpoint
DBS and OCBC upgraded parts of their full-year outlook, while UOB turned more cautious on fees[SINGAPORE] Singapore’s three banks continued to grow their earnings in the second quarter despite...
Ex-Sakae director Ong Siew Kwee handed 10.5-year jail term for misappropriating S$15.8 million, lying in court
[SINGAPORE] Former Sakae director Ong Siew Kwee was sentenced to 10.5 years of imprisonment on Friday (Aug 7) for his role in the misappropriation of S$15.8 million from a...
DBS names seven ‘deep-value’ stock picks to ride Singapore’s value-unlocking theme
The market is rewarding companies that show a credible route to monetise underutilised assets, analysts say[SINGAPORE] DBS Group Research expects Singapore equities’ value-unlocking theme to gain renewed traction, supported...
Centurion Accommodation Reit posts S$0.03499 H1 DPU, beats forecast by 9.6%
[SINGAPORE] Centurion Accommodation Reit (CAReit) reported a distribution per unit (DPU) of S$0.03499 for the half-year ended Jun 30, outperforming its forecast by 9.6 per cent.Gross revenue for the...
McDonald’s growth slows, in a sign that America’s diners are retrenching
The results suggest that restaurants will have to work harder as fuel and food costs risePublished Tue, Aug 4, 2026 · 07:59 PMMCDONALD’S posted slowing growth for a second...
Marriott’s Q3 profit forecast falls short of estimates as Middle East revenue drops
Published Mon, Aug 3, 2026 · 09:54 PMMARRIOTT International forecast third-quarter profit below Wall Street expectations on Monday (Aug 3), as lower hotel room revenue from the Middle East...
High fuel prices to endure as global conflicts hit refining capacity, warn Exxon and Chevron
Published Sun, Aug 2, 2026 · 03:51 PMHIGH fuel prices are likely to stick around even if oil prices drop in the coming months as the wars in Russia...
DBS COO’s most important tip for AI transformation: Lead with ‘why’
In executing the bank’s artificial intelligence strategy, Derrick Goh sees his role as a ‘midfielder’The strategies and stories that shape today’s leaders[SINGAPORE] Derrick Goh, DBS’ first-ever group chief operating...
Japan intervenes to prop up yen ahead of BOJ policy decision
Published Fri, Jul 31, 2026 · 07:22 AM[TOKYO] Japan conducted yen-buying, dollar-selling market intervention in New York markets on Thursday (Jul 30), a market source said, pulling the sagging...
Trump signs order on export curbs to retain critical minerals
The move is the latest effort by the Trump administration to shore up supplies of critical mineralsPublished Fri, Jul 31, 2026 · 06:38 AM[WASHINGTON] US President Donald Trump signed...
US semiconductor company Ambiq Micro makes SGX debut via secondary listing
[SINGAPORE] Ambiq Micro, a US-based designer of ultra-low power semiconductor solutions, commenced trading on the mainboard of the Singapore Exchange (SGX) on Thursday (Jul 30).The Austin, Texas-headquartered company’s debut...
Asian stocks rebound on SK Hynix earnings after rout ahead of tech earnings, US Fed decision
Asian chipmakers stand at the epicentre of 2026’s AI-driven rally and, more recently, concerns about its staying powerPublished Wed, Jul 29, 2026 · 10:07 AM[SINGAPORE] Asian stocks rebounded on...