Business
-
UMS signs pact for joint venture with three Vietnamese precision engineering firms
[SINGAPORE] High-precision semiconductor company UMS Integration on Friday (Jun 5) announced that it has inked a non-binding memorandum of understanding (MOU) to invest about US$3.6 million for a 51.6 per…
-
BOJ expected to raise interest rates in June: sources
Markets are pricing in an 80% chance that the bank will raise its short-term policy rate to 1% from 0.75% Published Thu, Jun 4, 2026 · 03:50 PM [TOKYO] The…
-
Don’t just pump money – Temasek’s portfolio firms, markets must create inherent value: Teo Chee Hean
Others must decide if the investment company should do more or less in the local stock market, notes its chairman [SINGAPORE] From time to time, Temasek faces criticism for being…
-
Mapletree Investments FY2026 net profit rises 25.7% to S$285.6 million on lower revaluation losses
The Temasek-owned property giant’s AUM stands at S$76.2 billion as at end-March [SINGAPORE] Lower revaluation losses helped pull Mapletree Investments’ net profit up 25.7 per cent to S$285.6 million for…
-
China investors turn sellers of Hong Kong stocks in rare reversal
Published Mon, Jun 1, 2026 · 03:02 PM [HONG KONG] Chinese mainland investors turned net sellers of Hong Kong stocks for the first time in nearly three years in May,…
-
AGT raises Nam Cheong stake; Silchester increases holdings of ComfortDelGro
[SINGAPORE] Over the five trading sessions from May 22 to 28, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million. Singtel again led the buyback tally, with…
-
Meta plans AI pendant, ‘wearables for work’ in hardware boost, The Information reports
The Instagram owner aims to sell 10 million wearable devices in the second half of 2026 Published Sat, May 30, 2026 · 12:42 PM [BENGALURU] Meta Platforms plans to start…
-
Foxconn has immense confidence in growth momentum due to AI, chairman says
The company is Nvidia’s biggest server maker and Apple’s top iPhone assembler Published Fri, May 29, 2026 · 12:13 PM [NEW TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics manufacturer,…
-
South Korea holds rates, reveals hawkish split within board
Headline inflation is breaching the central bank’s 2% target with the 2.6% April rate marking the fastest gain in almost two year Published Thu, May 28, 2026 · 10:44 AM…
-
Gold holds loss as traders weigh prospects for US-Iran deal
Published Wed, May 27, 2026 · 09:31 AM GOLD held a loss, as fresh clashes in the Persian Gulf weighed on hopes for a US-Iran peace deal and reinforced concerns…
-
Gold holds gain as Iran deal progress eases inflation concerns
Published Tue, May 26, 2026 · 09:05 AM [SINGAPORE] Gold held gains on signs the US and Iran were making progress on reaching a deal to reopen the Strait of…
-
The war-driven supply shock already roiling manufacturing in Asia
Published Mon, May 25, 2026 · 07:36 AM [TOKYO] Countries in Asia are reeling from a shortage of naphtha, a petroleum derivative used in a dizzying array of products, from…
-
How Self Made Entrepreneur Barak Zilberberg Sees the Future of Real Estate, AI, and Global Opportunity
Barak Zilberberg believes the difference between average operators and truly successful entrepreneurs comes down to vision combined with execution. While many people have ideas, he argues that very few possess…
-
Uber explores Delivery Hero takeover to fight DoorDash globally: sources
The ride-hailing giant has been making acquisitions overseas to strengthen its position internationally Published Sat, May 23, 2026 · 03:42 PM [SAN FRANCISCO] Uber Technologies is exploring options for a…
-
UI Boustead Reit, Boustead unit to co-invest in S$104 million Seletar aerospace facility
The real estate investment trust may fully purchase the asset after it gets a temporary occupation permit [SINGAPORE] UI Boustead Real Estate Investment Trust (Reit) and Boustead Singapore are co-investing…
