News
Singapore shares slide on Monday after MAS unveils stock market measures; STI down 0.1%
Across the broader market, gainers beat losers 298 to 286 as 1.4 billion securities worth S$1.7 billion change hands SINGAPORE equities were marginally lower at the end of the...
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut about 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out...
SGX shares climb more than 5% after MAS review group unveils plans to boost stock market
Initiatives include a S$5 billion Equity Market Development Programme to strengthen the fund management ecosystemShares of the Singapore Exchange (SGX) jumped more than 5 per cent on Monday (Feb...
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company Zuora.Shareholders of the Silicon Valley-based firm approved the all-cash deal...
From tech to financial services: Layoffs and job cuts in 2025
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries. From tech to retail, media and finance, major companies...
PBOC’s policy flip-flop sows confusion over timing of rate cuts
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for one of the biggest policy shifts in...
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while the focus shifted to a key US...
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
[JAKARTA] Indonesia has officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multibillion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while serving as a...
Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24):Olam: The group on Monday announced that it will sell its remaining 64.57...
Gold market ructions drive Singapore exports to the US
GOLD shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in bullion trading after pricing...
