Business
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Barclays CEO says UK should seek ways to lower cost of Brexit
Published Thu, May 21, 2026 · 12:11 AM THE UK should look for ways to reverse the economic effect of Brexit, though it may be impractical to undo Britain’s exit…
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China trade corridor a good foundation to do more, as bilateral cooperation not sure ‘win-wins’: SM Lee
He adds trade is now mixed up with security and rivalry considerations, among others, with more effort needed for positive outcomes [NANNING] Amid uncertainties and worries over trade, what used…
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M1-Simba deal: What are frequency spectrums and when does their use become unauthorised?
[SINGAPORE] A proposed consolidation of M1 and Simba Telecom has been put on pause, after it emerged that Simba may have been using radio frequency bands it was not assigned…
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Buybacks, insider activity and capital moves
IN THE five trading sessions to the May 14 close, 16 primary-listed companies conducted buybacks with a total consideration of S$42 million. Over the same period, more than 120 director…
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Starbucks to open first corporate office in India for tech jobs
Published Sat, May 16, 2026 · 03:21 PM [NEW YORK] Starbucks is planning to open a technology office in India as the coffeehouse chain seeks to cut US$2 billion in…
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US debt load could undercut Warsh‘s plan to shrink Fed balance sheet
[WASHINGTON] Incoming Federal Reserve chief Kevin Warsh‘s plans to shrink the US central bank’s “footprint” in financial markets could be constrained by rising federal debt and the potentially lost luster of…
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Wall St opens higher as Nvidia gains; US-China talks, data in focus
Published Thu, May 14, 2026 · 09:48 PM [NEW YORK] Wall Street stock indexes opened higher on Thursday (May 14) as Nvidia’s shares jumped, while investors assessed economic data and…
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Oil little changed as Trump visits China
The International Energy Agency said global oil supply would not meet total demand this year Published Wed, May 13, 2026 · 08:59 PM [LONDON] Oil prices were little changed on…
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Sea reports 6.2% increase in Q1 earnings to US$427.9 million
[SINGAPORE] Sea on Tuesday (May 12) reported a 6.2 per cent increase in its first-quarter earnings to US$427.9 million, from US$403.1 million a year earlier. Earnings per share for the…
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Oil rises after Trump rejects Iran’s response to US peace proposal
Published Mon, May 11, 2026 · 06:37 PM [LONDON] Oil prices rallied on Monday, a day after President Donald Trump said Iran’s response to a US peace proposal was “unacceptable”, raising…
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Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs
[SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous corresponding…
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Europe: Shares slide as Middle East tensions flare
Published Sat, May 9, 2026 · 11:15 AM [BENGALURU] European shares slipped on Friday (May 8) in broad-based losses as a flare-up in the Middle East conflict hit risk sentiment…
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US said to suspect Nvidia chips smuggled to Alibaba via Thailand
Since 2022, Washington has effectively blocked these processors from going to China over concerns that advanced AI could lend Beijing a military edge A KEY company behind Thailand’s national AI…
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Shell’s profit beats expectations at US$6.9 billion, cuts share buybacks
Oil and gas output falls 4% compared with the previous quarter due to the Iran war Published Thu, May 7, 2026 · 02:41 PM [LONDON] Shell’s first-quarter adjusted earnings, its…
Teo Siong Seng price-fixing allegation: PIL declines comment on Singamas’ legal matters
Singamas Container Holdings’ shares fall 13.6% on news of collusion among executives of 4 key container makers [SINGAPORE] Singapore shipping veteran Teo Siong Seng has been accused by the United…