Business
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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…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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…