Business
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Gold jumps most since February on Hormuz deal hopes, breaking key resistance level
Published Thu, Aug 6, 2026 · 07:36 AM GOLD jumped the most since February as prospects for a deal to reopen the Strait of Hormuz reduced expectations for US Federal…
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White House set to extend Jones Act waiver as Trump hunts for cheaper petrol
US Energy Secretary Chris Wright said fuel prices should come down in the coming weeks Published Wed, Aug 5, 2026 · 06:44 AM [WASHINGTON/HOUSTON] The White House is expected to…
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US stocks: Wall Street rallies, Dow closes at record on Iran talks optimism
Published Tue, Aug 4, 2026 · 05:41 AM [NEW YORK] US stocks kicked off August on a strong note to send the Dow Industrials to a closing record high, as signs of…
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Baltic Exchange Shipping Insights
Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by Friday. Early pressure was driven by subdued cargo volumes, particularly…
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With Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again
The billionaire investor has a habit of identifying opportunities and showing up with a cheque book Published Sat, Aug 1, 2026 · 01:07 PM [NEW YORK] When rival hedge funds…
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OUE to book H1 FY2026 net loss on associate losses, impairment charge
It owns 29.07% of an investee company which has been hit by the slowdown of the property market in China [SINGAPORE] OUE is expected to book a net loss for…
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BP to cut 700 jobs as it simplifies company, internal email shows
BP wants to simplify its operations to reduce debt, boost profit and refocus on its oil and gas businesses Published Thu, Jul 30, 2026 · 10:19 PM [LONDON] BP plans…
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Ferrari has already hit 2026 sales target for Luce EV
Published Wed, Jul 29, 2026 · 11:20 PM [ROME] Ferrari has hit its annual sales target for its first-ever electric vehicle on the back of strong demand from China, the…
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ST Engineering unit bags S$840 million contract for Taiwanese rail line
The project is expected to start in Q4 this year and will be delivered over eight years [SINGAPORE] The urban solutions business of ST Engineering has secured an S$840 million…
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Wall St opens higher as pause in US-Iran hostilities lifts sentiment
Published Mon, Jul 27, 2026 · 10:13 PM [NEW YORK] Wall Street’s main indexes opened higher on Monday (Jul 27) after the United States and Iran paused hostilities, boosting risk…
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Dunearn House sells 56% of 380 units at average of S$3,140 psf at launch
A total of 212 of the 380 flats have been sold, with all three-bedders fully taken up [SINGAPORE] New residential project Dunearn House, a Frasers Property-led development in the upcoming…
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Indonesian stocks briefly near bull market as sentiment steadies
Published Sat, Jul 25, 2026 · 04:25 PM [JAKARTA] A brief rally in Indonesian stocks pushed the benchmark index to the cusp of a bull market, as investors rotated into…
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Air India investment receives ‘full attention’ from whole board: SIA chairman
[SINGAPORE] Singapore Airlines (SIA) chairman Peter Seah assured shareholders at the group’s 54th annual general meeting (AGM) that the board of directors is on top of its billion-dollar investment in…
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SIA Engineering Q1 net profit down 6.1% to S$40.3 million
The group posts lower profits from associated and JV companies, and engine and component segment [SINGAPORE] Aircraft maintenance provider SIA Engineering Company on Thursday (Jul 23) reported a net profit…
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CAAS investing S$4 billion to double airspace capacity ahead of T5 opening
AI and tech-led roll-out will expand Changi’s air traffic limits and add 200 controllers [SINGAPORE] Singapore will inject S$4 billion into its air navigation capabilities over the next 15 years,…
