News
Singapore: 50 Evacuated, 3 Hospitalized After Fire Breaks Out in Toa Payoh Flat
Three people were rushed to hospital, and 50 others were evacuated from their homes after a massive fire broke out in a flat in Toa Payoh…
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Singapore
Business
Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie
Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market. On Aug 1,…
Business
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future…
Business
Barclays’ Singapore private bank business unaffected by Asia head’s exit
Barclays’ private bank in Singapore will operate as normal, despite the departure of the business’ Asia chief amid a restructuring. “The…
Fashion
Grab system glitch pushes Singapore ride-hailing fares to S$1,000
Prices on ride-hailing giant Grab jumped about a hundred times from the usual rates, with short trips within Singapore costing S$1,000 or…
Business
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Foreign investment in Singapore real estate surges in Q2, but small market may limit further gains
Foreign investment in Singapore property jumped in the second quarter of this year to US$2.3 billion, 572.5 per cent higher than the…
Culture
SGX-listed China carmaker Nio to make South-east Asia debut in Singapore
Mainboard-listed China electric vehicle (EV) manufacturer Nio has taken a step closer to a South-east Asia debut with the appointment of…
Business
Bank of Singapore launches alternative option to single-family offices for ultra-high-net-worth individuals
Its Family Office Catalyst allows for advantages traditionally associated with a single-family office, without the need to launch or…
Business
JPMorgan Asset Management registers 8 more active ETFs in Singapore for local investors
JPMorgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in Singapore,…
Business
JP Morgan Asset Management registers 8 more active ETFs in Singapore for local investors
JP Morgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in…
Business
CapitaLand Ascendas Reit proposes S$329 million divestment of five Singapore properties
The manager of CapitaLand Ascendas Reit (Clar) announced on Monday (Aug 18) the proposed divestments of five Singapore properties. These…
News
Singapore shares extend losses ahead of Trump-Putin peace talks; STI down 0.6%
Local equities finished Friday (Aug 15) lower, extending a two-day losing streak, as markets awaited peace talks between US President…
Business
Singapore: Stranded passengers make precarious railway walk
Tens of passengers were stranded high on a Singapore railway track after their train suffered a power fault. Video shows a group of…
Business
Singapore stocks close lower on Thursday, tracking regional losses; STI down 0.4%
Most stocks on the local bourse declined on Thursday (Aug 14), mirroring losses in regional markets, as investors anticipate a potential…
News
Latest Singapore six-month T-bill cut-off yield declines to 1.59%
Auction receives S$17.9 billion in applications for the S$7.5 billion on offer, representing a bid-to-cover ratio of 2.39 The cut-off…
Business
Singapore stocks track regional gains; STI up 1.2%
Shares on the local bourse ended higher on Wednesday (Aug 13), following three consecutive sessions of declines. The rebound came as…
Business
Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%
The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of…
Business
Shopee, Monee power Sea’s value to over US$100 billion; DBS only other Singapore company in that league
Sea shares are up 64.1% in the year to date and have quadrupled since their low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Singapore shares slip despite upgraded 2025 growth outlook; STI down 0.3%
Stocks on the local bourse ended lower on Tuesday (Aug 12) for the third consecutive session. The decline occurred despite gains in most…
Business
Singapore Flyer operator Straco H1 profit down 49% at S$5.4 million
Tourist attraction developer and operator Straco has posted a 49 per cent decrease in net profit to S$5.4 million for the first half ended…
Business
Singapore stocks fall amid cautious market sentiment; STI down 0.2%
Local shares closed lower on the first trading day of the week, tracking a mixed performance across Asian markets, as investors braced for…
Business
More Singapore companies charmed by US listings, but post-IPO trail not a pretty sight
Interest in listing on US exchanges has surged among Singapore companies, with 13 initial public offerings (IPO) in H1 2025, nearly thrice…
News
Singapore: 13 People Hospitalized Following Traffic Accident in Tampines
Thirteen people, aged between 30 and 69, were rushed to hospital after an accident, involving two buses and a car, in Tampines on Thursday…