Indonesian stocks slide after MSCI removes six companies from its index in review
May 13 : Indonesia's benchmark stock index slid to a one-year low and shares of some companies owned by the nation's richest families tumbled, after MSCI removed six firms from its Indonesia global standard index.The index provider announced on Tuesday it had removed Amman Mineral Internat ...
Japan's MUFG seeks to offload $2 billion exposure to private credit loans, FT reports
May 13 : Japan’s Mitsubishi UFJ Financial Group is in talks with investors to offload its exposure to about $2 billion of loans it extended to listed private credit funds, the Financial Times reported on Wednesday, citing people familiar with the matter.Reuters could not immediately verify the rep ...
Japan's megabanks set to access Anthropic's Mythos as soon as this month, Nikkei says
TOKYO, May 13 : Japan's three largest banks are set to acquire access to Mythos, the artificial intelligence model developed by Anthropic, as soon as the end of May, the Nikkei business daily reported on Wednesday. The banking arms of Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Gr ...
‘Career bridges’, raising wages of AI-resilient work: Economic Strategy Review proposes ways to create good jobs
Singapore cannot hold back on technology, but should be deliberate about ensuring that technology uplifts workers, the Economic Strategy Review committees said.
Economic Strategy Review committees release final recommendations to set direction of Singapore’s future growth
The committees have released 32 recommendations following engagements with over 7,700 stakeholders, including businesses, unions and workers.
India hikes gold and silver tariffs to 15% as it defends rupee against Iran war fallout
The move aims to dampen demand in the world’s second-largest bullion market
Vietnam to raise airline foreign ownership cap, carriers to further adjust operations
HANOI, May 13 : Vietnam is considering raising the foreign ownership cap for domestic airlines to 49 per cent from 34 per cent, state media reported, citing a draft document from the Construction Ministry.The move aims to help carriers attract investment, strengthen finances and access modern techno ...
Why fintech’s next bottleneck isn’t funding, but permissioned capacity
Jonathan Yip - Fintech founders across Asia are discovering that capital is no longer the main constraint on scaling. The real limiter is “permissioned capacity”: licensing clarity, infrastructure readiness and access to talent – and Singapore’s advantage is that it makes the hardest parts more navigable. ...
Gold steady with US-China summit, Middle East developments in focus
President Trump and his Chinese counterpart Xi Jinping will discuss the Iran war
Trek 2000 International shares jump following Wong of Azure Capital's entry as substantial shareholder
The Edge Singapore - Trek 2000 International is the top gainer by percentage this morning after news that Terence Wong of Azure Capital has emerged as a substantial shareholder after a married deal at 12 cents each. As at 10.17 am, Trek 2000 shares, typically thinly-traded, was up as 58.62% to trade at 18.4 cents. More ...
Nvidia CEO Jenson Huang joins Trump’s China trip
[WASHINGTON] Nvidia CEO Jensen Huang will join US President Donald Trump on his visit to China as a last-minute addition to the...
Trump heads to Beijing amid war, trade tensions and hardened rivalry
Both countries are expected to announce plans for the Board of Trade and Board of Investment
Valuetronics Holdings shares drop after profit warning
The Edge Singapore - Valuetronics Holdings drop by around a fifth after warning that it will be making an impairment which will lead to a "significant" decrease in its FY2026 earnings over the preceding year ended March 2025. Specifically, the impairment is related to the company's investments in GPUs and ...
Genting Singapore shares fall up to 8.7% on net profit plunge
Shikhar Gupta - The company’s Q1 earnings tumble 55% drop in first quarter net profit of S$65.2 million
Genting Singapore shares drop 8.7% after Q1 earnings fall
Shikhar Gupta - The company’s Q1 earnings tumble 55% drop in first quarter net profit of S$65.2 million
Genting Singapore shares drop after 'disappointing' 1QFY2026; DBS downgrades to 'hold' and calls for 'rethink'
The Edge Singapore - Genting Singapore shares dropped by around 8% to as low as 63 cents within minutes of the opening bell after reporting lower 1QFY2026 results. Chee Zheng Feng of DBS Group Research has downgraded his call for Genting Singapore to "hold" from "buy" following what he calls "di ...
Valuetronics shares drop 18.2% after warning of ‘significant’ earnings slide
Shikhar Gupta - The dip stems primarily from issues with Hong Kong-based Trio AI, in which the company holds a 26.6% stake
Valuetronics shares drop 20.8% after warning of ‘significant’ earnings slide
Shikhar Gupta - The dip stems primarily from issues with Hong Kong-based Trio AI, in which the company holds a 26.6% stake
Valuetronics warns of significant earnings slide on struggling AI joint venture
Shikhar Gupta - The dip stems primarily from issues with Hong Kong-based Trio AI, in which Valuetronics holds a 26.6% stake
Genting Singapore Q1 net profit drops 55% to S$65.2 million on lower gaming revenue
Therese Soh - Ongoing conflict in the Middle East and current geopolitical developments have raised cost pressures
Stocks to watch: Genting Singapore, NTT DC Reit, Valuetronics, United Hampshire US Reit, Prime US Reit
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 13):
Samsung Elec regrets collapse of pay talks with union, says to continue dialogue
SEOUL, May 13 : Samsung Electronics said on Wednesday it regretted the collapse of pay deal talks with its South Korean union, flagging concerns that it could heighten anxiety among employees, shareholders and the public.The company said it would continue efforts to prevent a worst-case scenario thr ...
China’s US$3 trillion of hidden bad debt prolongs economic pain
Chinese banks are also accelerating write-offs and transfers of bad assets
These little-known SGX tech stocks are beating the market. What’s driving them up?
Shikhar Gupta - Avi-tech shares were up 5.4%, while Asti shares rose 100% in the space of a week
Grab should consider a Singapore dual listing on SGX
Benjamin Cher - Beyond an uplift to investor recognition, the company could also benefit from EQDP funds
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
A weaker ringgit may boost appeal for foreign buyers, but experts say taxes, financing rules and resale liquidity matter
Sustainable investing: Net inflows and relative returns slide
Genevieve Cua - Outflows from the US may not be surprising, but the same is being observed elsewhere in the world
More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings
Renald Yeo - Their combined non-interest income rises to a record S$5.16 billion from S$4.78 billion the year before
Hard assets, high stakes: Next-generation successors are betting on gold, watches and art as alternative investments
Jean Low - However, experts warn that these may not be ‘recession-proof’
Market reforms in Asean could open up stock-picking opportunities: JPMorgan
Chloe Lim - Some Malaysian banks, a Thai energy firm are among analysts’ picks
Trump says he doesn’t need China’s help to end Iran war
The US president is due to discuss the war with Xi this week
Oil settles higher as hopes of peace in the Middle East dwindle
The EIA now expects global oil inventories will fall about 2.6 million bpd this year
Commentary: Why US$70 should be the most worrying number for the LNG market
US$70 is the tipping point where liquefied natural gas (LNG) will get squeezed out by renewable alternatives, says David Fickling for Bloomberg Opinion.
S&P 500, Nasdaq end lower as inflation, Iran tensions weigh
As reporting season wraps up, investors are increasingly focused on valuations, macroeconomics and geopolitical developments
