Singapore shares buck regional trend; STI up 0.4%
Shares on the Singapore bourse ended higher on Wednesday (May 28), even as other regional markets languished in the red. In Singapore, the benchmark Straits Times Index (STI) rose 0.4 per…
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Singapore
Singapore Savings Bond demand falls short; 10-year average return drops to 2.56%
The June tranche receives a total of S$302.9 million in applications for the S$500 million offered The latest Singapore Savings Bond (SSB) allotted on Wednesday (May 28) saw applications…
China’s answer to World Bank plans to open Singapore, HK offices
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would mark its biggest…
China’s answer to World Bank could open Singapore, HK offices: sources
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would mark its biggest…
Singapore shares rise as US delays tariffs on European Union; STI up 0.5%
Across the broader market, gainers beat losers 249 to 180, after 1.1 billion securities worth S$958 million are traded Shares on the Singapore bourse ended higher on Tuesday (May 27),…
Asian ports reported to be congested; average waiting time in Singapore is up to 1.5 days
Port congestion has been reported at Asian ports, with Singapore being one of those affected: The waiting time for a berth at the world’s top transhipment hub is said to be between 12 and…
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid Four energy companies from Malaysia, Singapore and Vietnam have inked an agreement to explore the export…
Singapore shares fall amid mixed regional showing; STI down 0.2%
Across the broader market, decliners edge out gainers 268 to 220, after 894.4 million securities worth S$751.7 million change hands Shares on the Singapore bourse ended lower on Monday…
Logistics reimagined: More young people in Singapore are drawn to tech-related roles in the field
Gone are the days when logistics was seen as an unglamorous, manual labour-intensive field. As many bigger logistics firms undergo digital transformation in recent years, they also become…
Japan Foods H2 loss widens to S$6.2 million amid ‘challenging year’ for Singapore F&B
Restaurant operator Japan Foods on Sunday (May 25) reported a loss of S$6.2 million for the second half ended Mar 31, 2025, sinking further into the red from a loss of S$576,000 in the…
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3 billion, two…
Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent. The local market has…
Singapore shares slide in tandem with regional bourses and Wall Street
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion of securities valued at S$1.4 billion changing hands Asian bourses including Singapore’s were…
Singapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion securities valued at S$1.4 billion changing hands Asian bourses, including Singapore’s, were largely…
Latest Singapore six-month T-bill cut-off yield slides to 2.2%
The auction received S$18.1 billion in applications for the S$7.5 billion on offer The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.2 per cent, according…
Temasek’s SeaTown to invest up to S$115 million in Singapore healthcare firm AddVita
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (May 21) it is committing up to S$115 million in Singapore healthcare and life sciences firm AddVita.…
Monetary Authority of Singapore MD says US$ assets irreplaceable
Factors that the market are paying attention to include any prospect for slower growth and higher inflation in America as well as cues on its fiscal trajectory and policies that could…
PwC launches AI hub in Singapore with over US$4 million commitment
PwC launched an artificial intelligence (AI) hub in Singapore on Wednesday (May 21), committing more than US$4 million over a three-year period. This venture is also supported by…
CDL posts S$1.9 billion in Q1 sales revenue in Singapore property development
Property developer City Developments (CDL) posted sales revenue of S$1.9 billion for its property development segment in the Singapore market in the first quarter of 2025, driven by the…
Singapore shares rise amid Wall Street’s overnight gain; STI up 0.2%
Across the broader market, decliners trail gainers 195 to 263, after one billion securities worth S$1 billion change hands Singapore shares rose on Tuesday (May 20), after Wall Street…
Singapore stocks rise on US-UK trade deal; STI up 0.7%
Local stocks ended higher on Friday (May 9), as investors reacted positively to news of the US striking a trade deal with the UK – the first after President Donald Trump announced sweeping…
Indonesia eyes cut in fuel imports from Singapore as part of tariffs negotiations
Indonesia could shift as much as 60% of its total fuel imports from Singapore to the United States in the early stages Indonesia plans to change the source of some of its fuel…
Singapore banks set aside extra allowances to account for heightened uncertainty
The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment. DBS, OCBC and UOB each said this was a…
How the Singapore dollar could perform against the greenback this year
Fading US exceptionalism could pave the way for further appreciation of the Singapore dollar against the greenback, said analysts. The Singdollar surged to around 1.29 per US dollar on…