OCBC's Lim maintains 'hold' on SingPost; awaits operational improvements
The Edge Singapore - Ada Lim of OCBC Group Research has kept her "hold" call and fair value of 40 cents on Singapore Post, following lower FY2026 numbers which suggest that the company's turnaround towards commercial sustainability will take time to work out. For the year ended March 31, SingPost's r ...
Global energy shock tests Philippine bank resilience
Lenders are switching to a defensive stance as new central bank relief measures begin to bite
Renewables fuel institutional interest in climate-related investment: AIGCC report
Lin Daoyi - Renewable energy investment opportunities are gaining traction among institutional investors who are seeking to increase climate-related investment according to a report released on May 18 by the Asia Investor Group on Climate Change (AIGCC) as part of Ecosperity Week 2026. The AIGCC represents inst ...
Trump’s Q1 trades include Nvidia, Apple, Amazon and a US$600 million sushi chain
The filing shows the US president or his investment advisers made more than 3,700 trades in the first quarter
Two key allies of Malaysian PM Anwar, turn opponents, launch new party
Tan Ai Leng - The breakaway renews concerns over whether Anwar can push through reforms amid rising cost of living and external risks
HSBC to lend US$4 billion to help China clean tech scale globally
The bank will extend credit terms, streamline credit approvals and develop tailored solutions for eligible companies
Iran war saddles global companies with US$25 billion bill – and counting
At least 279 companies have cited the war as a trigger for defensive actions to blunt the financial hit, the analysis shows
Samsung Electronics, union hold last-ditch talks to avert strike threatening global supply chains
A walkout by more than 45,000 workers could hit the country’s economy and disrupt global supply chains
Singapore's HTX, Adobe team up to verify authenticity of digital content
Nurdianah Md Nur - Singapore’s Home Team Science and Technology Agency (HTX) is working with Adobe to test tools that can verify whether digital images and documents have been altered, as deepfakes and synthetic media become harder for public agencies to assess. HTX and Adobe signed a two-year memorandum of understa ...
Iran war saddles global companies with $25 billion bill - and counting
May 18 : The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis.A review of corporate statements since the start of the conflict by companies listed in the United States, Europe and Asia offers a sob ...
Goldman says central banks to step up gold-buying, aiding prices
The precious metal has struggled since the outbreak of the war in the Middle East
Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents
Leslie Yee - Needs and financial circumstances of owners of HDB Plus and Prime flats and new EC units can change
UOBKH downgrades ComfortDelGro to ‘hold’ as Q1 earnings disappoint
Deon Loke - The brokerage slashed its target price for the land transport operator by 15 per cent to S$1.54
Keppel to let M1-Simba deal lapse; M1 to be restructured with focus on ‘rightsizing’
Therese Soh - [SINGAPORE] Keppel said on Monday (May 18) that it will allow the sale and purchase agreement between M1 and Simba to lapse...
Keppel to let M1-Simba deal lapse; M1 to be restructured with focus on ‘right-sizing’
Therese Soh - [SINGAPORE] Keppel said on Monday (May 18) that it will allow the sale and purchase agreement between M1 and Simba to lapse...
Thai Q1 GDP growth beats forecasts, but 2026 outlook unchanged amid Middle East war
BANGKOK, May 18 : Thailand's economy grew faster than expected in the first quarter of 2026, helped by higher exports, consumption and investment, official data showed on Monday, but the government has kept its outlook for the year unchanged as the war in the Middle East drags on.Southeast Asia ...
Anthropic to brief global financial watchdog on cyber flaws exposed by Mythos, FT reports
May 18 : Artificial intelligence startup Anthropic is set to brief the Financial Stability Board (FSB) on cyber vulnerabilities in the global financial system identified by its latest AI model, Mythos, the Financial Times reported on Monday, citing people familiar with the plan. The Claude chatbot-m ...
Anthropic to brief Financial Stability Board on cyber flaws exposed by Mythos, FT reports
May 18 : Artificial intelligence startup Anthropic is set to discuss cyber vulnerabilities in the global financial system exposed by its latest Mythos model with members of the Financial Stability Board, the Financial Times reported on Monday, citing people familiar with the plan. Reuters could not ...
Oil touches 2-week high after drone attack on UAE nuclear power plant
SINGAPORE: Oil prices extended gains on Monday (May 18) as efforts to end the US-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and a
Indonesia rupiah hits new record low; president downplays day-to-day impact of currency weakness
JAKARTA: The Indonesian rupiah slid to a fresh record low on Monday (May 18) as stocks slumped and global oil prices hit two-week highs, while the president said the economy was strong and the currency's sl
Keppel to let M1-Simba deal to lapse on May 21 deadline after IMDA suspends review
Keppel remains open to offers for M1 in the future, says chief executive officer Loh Chin Hua.
Australia orders Chinese investors to sell stakes in rare earths firm over national security
Five of them are registered in China or Hong Kong and one in the British Virgin Islands
Japan leads global bond markets lower as inflation fears rise
The nation’s 30-year rate has surged 20 basis points, the highest since the tenor’s debut in 1999
Shein buys US-based apparel retailer Everlane, Puck News reports
May 17 : Online fast-fashion platform Shein is acquiring Everlane from majority owner L Catterton in a deal valuing the U.S.-based apparel retailer at about $100 million, Puck News reported on Sunday, citing people familiar with the matter.Those with common stock in Everlane will not receive a payou ...
Thai Q1 GDP grows 2.8% y/y, above forecast
BANGKOK, May 18 : Thailand's economy grew by 2.8 per cent in the first quarter of 2026 from a year earlier, official data showed on Monday, higher than the median forecast of 2.2 per cent in a Reuters poll of analysts.On a seasonally adjusted quarterly basis, Southeast Asia's second-larges ...
Stocks skid in Asia, bonds buckle as oil climbs
SYDNEY, May 18 : Asian share markets were on the skids on Monday as fresh drone attacks in the Gulf shoved oil prices and bond yields higher, while the AI boom is set to be tested by earnings from Nvidia this week.A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, whi ...
E-commerce giant Shein buys apparel brand Everlane: reports
The brand, known for its minimalistic, “quiet luxury” style, is a favourite of celebrities
Keppel shares fall up to 5% after M1-Simba deal falls through
Shikhar Gupta - Shares of Simba parent Tuas Ltd are down over 60% on the ASX
Keppel shares fall as much as 4.7% after M1-Simba deal delayed again
Shikhar Gupta - IMDA has halted its assessment of the proposed merger between M1 and Simba Telecom until further notice
Keppel shares fall up to 5% after M1-Simba deal suspended; Simba parent Tuas Ltd down over 60%
Shikhar Gupta - IMDA has halted its assessment of the proposed merger between M1 and Simba Telecom until further notice
Keppel shares fall as much as 4.7% after M1-Simba deal suspended; Simba parent Tuas Ltd down over 60%
Shikhar Gupta - IMDA has halted its assessment of the proposed merger between M1 and Simba Telecom until further notice
Keppel shares fall up to 4.7% after M1-Simba deal suspended; Simba parent Tuas Ltd down over 60%
Shikhar Gupta - IMDA has halted its assessment of the proposed merger between M1 and Simba Telecom until further notice
Singapore's April non-oil exports rise 24.5%, higher than expected
The expansion was led by exports of electronics such as integrated circuits, disk media products and PCs on robust AI-related demand.
China Swap Connect trading volume heads toward 1 trillion yuan
This projected surge underscores a shift in how global funds engage with the country
