South Korea holds rates, alert to inflation risks
SEOUL, May 28 : The Bank of Korea kept its benchmark interest rate unchanged on Thursday to gauge whether the Iran war will damp growth, even as a slumping won and stubborn inflation pressure policymakers to tighten monetary policy in the coming months.The seven-member monetary policy board at the c ...
War stress pushes Indonesia, Thailand to lean on short-term debt
Rupiah has hit record lows and become Asia’s worst-performing currency this quarter
South Korea exports set to rise for 12th month on chip boom: Reuters poll
SEOUL, May 28 : South Korean exports likely rose for a 12th straight month in May, as a global boom in AI investment drove a surge in chip sales, a Reuters poll showed on Thursday.Exports from Asia's fourth-largest economy, a bellwether for global trade, were projected to have risen 48.4 per ce ...
South Korea central bank holds rates, as expected
SEOUL, May 28 : The Bank of Korea kept its policy interest rate steady on Thursday, as it weighs geopolitical risks against a weakening won and resurgent inflation that point to higher rates ahead.The seven-member monetary policy board at the central bank voted to keep its benchmark interest rate un ...
Oil rebounds after news of US strikes on Iranian military site
NEW YORK, May 28 : Oil prices jumped about 2 per cent in early Thursday trading after Reuters reported fresh U.S. strikes overnight on an Iranian military site, escalating tensions even as Washington and Tehran negotiate to end their three-month conflict.Brent crude futures rose $1.90, or 2.02 per c ...
Gold declines as Middle East risks reinforce higher rates bets
Bullion has slumped about 16% since the Iran conflict erupted in late February
Stocks to watch: Wilmar, Keppel, IHH Healthcare, Koh Brothers Eco Engineering, Valuetronics
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 28):
Stocks to watch: Wilmar, Keppel, IHH Healthcare, Koh Brothers Eco Engineering
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 28):
Stocks to watch: Keppel, IHH Healthcare, Koh Brothers Eco Engineering
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 28):
Hong Kong to gain edge over Singapore in Asia gold-hub push with clearing system
The precious metal’s protracted rally might have stalled since the war began in the Middle East
WWF-Singapore appoints Chew Sutat as CEO
Belle Neo - WWF-Singapore has appointed Chew Sutat as CEO, effective June 1, as the organisation marks its 20th anniversary alongside 65 years of WWF globally. WWF, or World Wide Fund for Nature, is described as one of the world’s largest independent conservation organisations. Chew, a columnist at The Edge S ...
US charges Google engineer with insider trading on Polymarket
NEW YORK, May 27 : The U.S. Justice Department has charged a Google software engineer with using insider information to rig bets tied to Google's most-searched list on prediction market Polymarket, earning $1.2 million in profits, according to a complaint unsealed on Wednesday. Michele Spagnuol ...
Valuetronics reports lower FY2026 on impairment; plans special dividend as part of HK$300 mil capital return move
The Edge Singapore - Hong Kong based but Singapore-listed manufacturer Valuetronics Holdings has reported FY2026 revenue of HK$1.66 billion, down 4% over the preceding year. However, because of an impairment, earnings for the same year to March 31 was down 33.1% to HK$111.4 million. Specifically, the impairment is relat ...
Japan to issue 'bridging bonds' to fund investment schemes, Nikkei says
TOKYO, May 28 : Japan plans to issue "bridging bonds" to fund the administration's flagship programmes aimed at boosting investment in growth and economic security areas, the Nikkei newspaper reported on Thursday.Bridging bonds are used to cover temporary funding needs and issued with ...
London reclaims top European tech spot from Paris, Dealroom says
LONDON, May 28 : London has reclaimed its position as Europe's leading technology centre, overtaking Paris thanks to increased investment in artificial intelligence and deep tech innovation, according to Dealroom's Global Tech Ecosystem Index 2026.• London's return to the top was dr ...
Shangri-La Dialogue this year could be the most important ever amid geopolitical instability
Even with the Iran crisis possibly winding down, its continuing human and economic cost will remain in focus
Court of Appeal upholds GNC’s rights to Ron Sim’s LAC store leases, awarding of damages
Elysia Tan - It also rules to enforce sub-orders for the handovers, which the Singapore International Commercial Court previously denied
Is the UK student-housing party over? Singapore players face divergent prospects in PBSA market
Ry-Anne Lim - Shrinking demand and new supply are leading to lower occupancies and falling rental growth in the UK PBSA sector
Japanese mid-sized firms flocking to South-east Asia for growth
Tan Ai Leng - Overseas expansion is no longer optional given shrinking growth at home, says an M&A consultant
US strikes Iran again, official says, after Trump denies deal on Strait of Hormuz
The waterway is covered by international law that guarantees foreign vessels the right to pass through
Trump says Iran and Oman will not control Strait of Hormuz, deal remains elusive
The three-month-old war has killed thousands and sent global energy prices sharply higher
Oil settles 5% lower as investors await updates on US-Iran peace deal talks
Both benchmarks have touched their lowest in a month earlier in the session and settled at their lowest since Apr 17
Gardenia move: As Malaysia draws more Singapore manufacturers, experts flag competition fears
Companies like Gardenia, Yeo’s and APB Singapore are moving production operations from Singapore to Malaysia. While boosting investment, this could intensify competition for labour, industrial land and other limited resources, say observers.
Keppel on track to hit key emissions target ‘well ahead’ of 2050: CEO
Sharanya Pillai - But its Scope 3, or value chain-related, emissions has risen with higher gas sales and one-off accounting for an India divestment
Wall Street indexes post closing record highs, AI rally pauses
Goldman Sachs has raised its 2026 year-end forecast for the S&P 500 to 8,000 from 7,600
Commentary: Why being called ‘detail‑oriented’ can stall a woman’s career
Women in the modern workforce still face barriers in reaching senior positions, with stereotypes hiding in plain sight, says this writer.
European stocks end steady as gains in autos, chemicals offset Iran war uncertainty
Markets took some comfort from a pullback in oil prices
Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl
WASHINGTON, May 27 : The Pentagon on Wednesday announced a five-year, $9.69 billion agreement to consolidate Microsoft and other enterprise software licenses scattered across the military services, the intelligence community, and the U.S. Coast Guard into a single contract vehicle, officials said. T ...
Cruise operator Carnival discloses personal data breach
May 27 : Cruise operator Carnival Corp said on Wednesday it had detected a cybersecurity incident involving a compromised account of an employee in April, leading to the leak of certain personal information of individuals, including names, addresses and government-issued identification numbers.The c ...
Global fuel crisis adds urgency to Cambodian push to tap US$300 billion energy resources
Cambodia’s energy minister said the oil shock from the Middle East conflict has increased urgency to resolve a long-running maritime dispute with Thailand.
Synopsys raises annual forecast on demand for AI chip design software
May 27 : Synopsys raised its annual results forecast on Wednesday, signaling steady demand for its chip design software from companies racing to develop AI chips and infrastructure.• Demand tied to AI has been strong as chipmakers and hyperscalers continued investing in more complex semiconductor ...
Salesforce revenue forecast disappoints amid AI disruption fears
May 27 : Salesforce forecast second-quarter revenue below Wall Street estimates on Wednesday, as concerns over AI-driven disruption to traditional software demand overshadowed its stronger-than-expected performance in the first quarter.Shares of the business software provider were marginally down in ...
Salesforce sees quarterly revenue below estimates amid AI disruption fears
May 27 : Salesforce forecast second-quarter revenue below Wall Street estimates on Wednesday amid ongoing concerns that AI rivals such as Anthropic could rapidly disrupt demand for traditional software vendors.Like its peers, Salesforce is contending with growing investor concerns that AI tools coul ...
Marvell forecasts quarterly revenue above estimates on AI chip demand; shares rise
May 27 : Marvell Technology forecast quarterly revenue above estimates on Wednesday, signaling strong demand for its networking and custom silicon chips used in the AI data center buildout.Shares of the Santa Clara, California-based company, rose over 6 per cent in extended trading. They have more t ...
