News
US stocks: S&P 500, Nasdaq hit fresh peaks as tech stocks, jobs data lift sentiment
Published Fri, May 8, 2026 · 10:51 PMTHE S&P 500 and the Nasdaq reached record highs on Friday, driven by gains in Nvidia and other technology stocks, while a...
Middle Eastern banks tap China growth by beefing up presence in Hong Kong
Gulf lenders have been expanding outside of their home turfs in the Middle East and beyond in recent yearsPublished Fri, May 8, 2026 · 11:29 AM[HONG KONG] The UAE’s...
Oil prices jump on renewed US-Iran hostilities
Published Fri, May 8, 2026 · 06:48 AM — Updated Fri, May 8, 2026 · 02:22 PM[NEW DELHI] Oil prices rose about 1 per cent on Friday (May 8)...
Scoot adds 11 Airbus A320neo family aircraft to its fleet
[SINGAPORE] Scoot has placed orders for five Airbus A320neo family aircraft, the budget carrier announced on Thursday (May 7).The low-cost subsidiary of Singapore Airlines (SIA) also exercised options for...
Singapore stocks rise in tandem with Asia uplift; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Wednesday (May 6).The benchmark Straits Times Index (STI) gained 0.1 per cent or 6.77 points to finish at 4,927.38. Venture Corporation led the...
Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
Cryptocurrency exchange Coinbase said it’s slashing roughly 14% of its workforce or about 700 workers, partly because artificial intelligence is reshaping the way people work.“The biggest risk now is...
Stocks to watch: OCBC, FLCT, Keppel Infrastructure Trust, Ultragreen.ai
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 5): OCBC : The lender on Monday announced that it agreed to...
Samsung Electronics appoints new TV chief amid mounting competition
Published Mon, May 4, 2026 · 10:18 AM[SEOUL] Samsung Electronics, the world’s No 1 TV maker, has replaced its TV head for the first time in more than two...
Industrials lead institutional inflows year-to-date
[SINGAPORE] Ahead of the final trading session of April, seven Singapore sectors had booked net institutional inflows for the first four months of 2026, led by industrials at S$494 million,...
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...
