Today: September 11, 2024
Today: September 11, 2024

Singapore

Economy|Finance

Singapore's GIC posts weakest investment gains in four years

Singapore sovereign wealth fund GIC's main gauge of investment return posted its weakest growth in four years, and said high interest rates,

Singapore's GIC posts weakest investment gains in four years
Asia|Economy

Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease - Reuters poll

Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit,

Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease - Reuters poll
Business|Economy|Europe|Technology

EU and Singapore agree digital trade deal

The European Union and Singapore concluded a digital trade agreement on Thursday designed to ease cross-border data flows and shape global rules for data.

EU and Singapore agree digital trade deal
Asia|Business|Technology

Grab no longer buying Trans-cab, Singapore watchdog says

Grab, Southeast Asia's biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore's third-largest taxi operator, Trans-cab, according to a

Grab no longer buying Trans-cab, Singapore watchdog says
Asia|Economy

Singapore's central bank keeps policy unchanged, as expected

Singapore's central bank on Friday left its monetary policy settings unchanged for the fifth consecutive time, as expected, as growth picks up

Singapore's central bank keeps policy unchanged, as expected
Asia|Business|Technology

Woes at Qoo10's South Korean e-commerce units intensify as companies cut ties

Two South Korean e-commerce platforms owned by Singapore-based Qoo10 slipped deeper into crisis on Friday after failing to make payments to vendors, with companies

Woes at Qoo10's South Korean e-commerce units intensify as companies cut ties
News|World

Gold, watches and other luxury items totaling $1.75B seized in Singapore money laundering scheme

Singapore police say they have uncovered more luxury watches, gold bars and other assets from a massive money laundering scheme that was busted last month, bringing the total amount of assets seized or frozen to $1.75 billion

Gold, watches and other luxury items totaling $1.75B seized in Singapore money laundering scheme
Business

Citigroup's board to meet in Singapore for the first time since 2011

Citigroup Inc said on Thursday that its board of directors will meet in Singapore for the first time since 2011 as a show of commitment to the city state.

Citigroup's board to meet in Singapore for the first time since 2011
Economy

Singapore hopes for substantial IPEF progress by APEC

Singapore's deputy prime minister said on Friday he hopes for substantial progress in the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) discussions in time for

Singapore hopes for substantial IPEF progress by APEC
Business

Las Vegas Sands beats Wall Street estimates on ongoing tourism recovery in Macau

Las Vegas Sands Corp reported better-than-expected profit and revenue for the third quarter on Wednesday, as ongoing ramp up of outbound tourism to Macau and Singapore spurred gaming

Las Vegas Sands beats Wall Street estimates on ongoing tourism recovery in Macau
Business

Singapore's central bank tells DBS, Citibank to investigate system outage

The Monetary Authority of Singapore (MAS) on Thursday told DBS Group Holdings' unit DBS Bank and Citibank Singapore to conduct a thorough investigation

Singapore's central bank tells DBS, Citibank to investigate system outage
Business|Environment|News|Science|World

Prince William to travel to Singapore for Earthshot Prize announcement on climate projects

Prince William will travel to Singapore next month to name the winners of his Earthshot Prize, a global competition to find solutions to the challenges of climate change

Prince William to travel to Singapore for Earthshot Prize announcement on climate projects
Business|News|Political|World

Singapore's prime minister plans to step down and hand over to his deputy before the 2025 election

Singapore Prime Minister Lee Hsien Loong says he plans to bow out and hand over power to his deputy Lawrence Wong next year before the 2025 general election

Singapore's prime minister plans to step down and hand over to his deputy before the 2025 election
Economy

Blackstone to expand private equity headcount in Singapore in Southeast Asia push

By Yantoultra Ngui, Kane Wu and M.

Blackstone to expand private equity headcount in Singapore in Southeast Asia push
Business|News|Political|World

Singaporeans bemoan U.S. Senator's 'ignorant' grilling of TikTok CEO

After a U.S. senator grilled Singaporean TikTok CEO about his nationality and affiliation with the Chinese Communist Party, Singaporeans are complaining about ignorant — or even racist — views of their country

Singaporeans bemoan U.S. Senator's 'ignorant' grilling of TikTok CEO
Business

Airlines group chief backs Boeing CEO to fix safety crisis

Boeing's CEO Dave Calhoun is the right person to lead the company out of its latest safety crisis, after a panel blew out of a 737 MAX 9 plane in

Airlines group chief backs Boeing CEO to fix safety crisis
Business

Singapore air show kicks off amid travel rebound, supply constraints

Singapore on Tuesday kicked off Asia's biggest air show - the first in six years unaffected by pandemic restrictions - as the global

Singapore air show kicks off amid travel rebound, supply constraints
World

China's Z-10 attack helicopter makes foreign debut, but export outlook uncertain

China's AVIC displayed its Z-10 attack helicopter for the first time outside its home country at the Singapore Airshow - the only non-Western design on display in

China's Z-10 attack helicopter makes foreign debut, but export outlook uncertain
Business

ExxonMobil, Shell to work with Singapore on carbon capture and storage project

Global energy majors Exxon Mobil and Shell will work with Singapore to develop a cross-border carbon capture and storage (CCS) project, both companies said on Friday.

ExxonMobil, Shell to work with Singapore on carbon capture and storage project
World

US says it takes seriously reports of misbehavior by its envoy to Singapore

The White House on Friday said the U.S. government was taking seriously an internal watchdog report that the U.S. ambassador to Singapore threatened his staff and failed to

US says it takes seriously reports of misbehavior by its envoy to Singapore
Business

Singapore's Temasek in talks to invest in OpenAI, FT reports

Singapore's Temasek Holdings is in discussions to invest in Microsoft-backed artificial intelligence company OpenAI, the Financial Times reported on Tuesday.

Singapore's Temasek in talks to invest in OpenAI, FT reports
Business

Oil prices edge down as Russia lifts supplies, jet fuel demand stirs caution

Oil prices edged down early on Tuesday after gaining in the previous trading session, due in part to the prospect of rising supply from Russia as well as the possibility of

Oil prices edge down as Russia lifts supplies, jet fuel demand stirs caution
Business|Economy|News|World

Singapore's Keppel profit rises on strong infra, connectivity performance

Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset

Singapore's Keppel profit rises on strong infra, connectivity performance
Economy|News|World

Singapore March core inflation at 3.1% y/y, below forecast

Singapore's key consumer price gauge rose 3.1% in March on a yearly basis, lower than economists' forecasts, official data showed on Tuesday.

Singapore March core inflation at 3.1% y/y, below forecast
News|Political

Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions

The U.S.

Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions

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