Brent oil price stable, WTI up 1% after trade resumes
HOUSTON :Brent crude oil futures were flat on Friday while U.S. crude futures ticked higher as drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated and traders kept an eye on Sunday's OPEC+ meeting for clues about potential output changes.U.S. West Texas Intermediate crude futu ...
Brent rises on Ukraine uncertainty, WTI disrupted by CME outage
NEW DELHI :Brent crude oil futures rose on Friday as drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated, while traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes. However, U.S. West Texas Intermediate crude futures were froze ...
Brent crude prices hold steady, WTI disrupted by CME outage
LONDON :Brent crude oil futures were largely unchanged on Friday while drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated, while traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes. However, U.S. West Texas Intermediate ...
Brent crude prices hold steady, WTI trading resumes
LONDON :Brent crude oil futures were largely unchanged on Friday while drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated and traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes. The U.S. West Texas Intermediate crude f ...
Brent gains on Ukraine uncertainty, WTI disrupted by CME outage
LONDON :Brent crude oil futures inched up on Friday as drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated, while traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes. However, U.S. West Texas Intermediate crude futures w ...
Brent oil price stable, WTI also steaudy after resumption
LONDON :Brent crude oil futures were largely unchanged on Friday while drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated and traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes. The U.S. West Texas Intermediate crude f ...
Forget chasing the next Pfizer: Singapore’s biotech future lies in innovation, not giants
Tessa Oh - The Republic may not have a major player to call its own, but licensing deals and early-stage breakthroughs can still count as...
Why contract clarity matters for Singapore’s construction competitiveness
Renee Paik - As Singapore accelerates its infrastructure pipeline, from new housing and transport corridors to sustainability-driven redevelopment, the construction sector faces a familiar set of challenges in sharper focus. Rising project complexity, tight manpower conditions, and the need for greater productiv ...
Singapore grants one-off property tax rebate for all owner-occupiers in 2026
Ry-Anne Lim - Owners of one and two-room HDB flats will still be exempted from property tax
Singapore to grant one-off property tax rebate for all owner-occupied residential properties in 2026
Shikhar Gupta - All one and two-room HDB flats will continue to pay no property tax
Banks in talks to lend $38 billion to fund sites for OpenAI, FT reports
A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, citing people familiar with the matter. Reuters could not immediately verify the report.
S&P downgrades China Vanke, says its financial commitments unsustainable
Debt woes at Vanke have revived concerns that China’s real estate sector could fall back into crisis
JP Morgan increases DBS’s TP to $70; upgrades OCBC and SGX to ‘overweight’ and UOB to ‘neutral’
Felicia Tan - JP Morgan analysts Harsh Wardhan Modi and Daniel Tan have issued several upgrades to the banks and Singapore Exchange (SGX) as they see a “step change” on Singapore’s evolution as a financial centre this year. “This is evident across flows, governance, micro-structure and participation, part ...
CME trading halted due to cooling issue at data centres
[SINGAPORE] Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres.
System outage halts Bursa Malaysia’s derivatives trading
[KUALA LUMPUR] Trading on Bursa Malaysia’s derivatives market was halted on Friday due to a system outage of the Globex electronic trading...
Piyush Gupta appointed Temasek India chairman
Shikhar Gupta - The ex-DBS chief executive takes up his new role from Dec 1
Former DBS CEO Piyush Gupta to be chairman of Temasek India
The Edge Singapore - Piyush Gupta, former CEO of DBS Group Holdings, has been appointed chairman of India of Temasek. The appointment will take place from Dec 1. In this non-executive role, Gupta will work with Ravi Lambah, Temasek's head, India and head, strategic initiatives, to support Temasek portfolio companie ...
Asian markets struggle to build on week's rally
HONG KONG: Markets fluctuated on Friday (Nov 28) at the end of a strong week for equities, fuelled by growing expectations that the Federal Reserve will cut interest rates again next month.Traders took silenc
Asian markets struggle to build on week’s rally
MARKETS fluctuated on Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will...
From Ladas to fintech, Intraco aims for a sharper and bolder transformation
Teo Zheng Long - Intraco has reinvented itself time and again. Founded in 1968 as a shoe-maker, it was listed in 1972 and taken under Temasek Holdings, becoming Singapore’s key importer of rice and other strategic supplies. Over the years, it expanded into a variety of commodities and manufactured goods, and at on ...
Briefs: Pavilion Capital to join Seviora Group; DBS said to revise Alliance Bank proposal to 30% stake
The Edge Singapore - Pavilion Capital to join Seviora Group, bringing Seviora’s AUM to $94 bilPavilion Capital, which is wholly owned and funded by Temasek, will join Seviora Group, also a wholly owned subsidiary of Temasek, in building an Asia-based asset management group. The merged entity will raise Seviora’s com ...
‘An enabler of growth, efficiency and optimisation’, besides financial stewardship: Yiong of CityDev
Goola Warden - In a wide-ranging interview, Yiong Yim Ming, group CFO of City Developments (CDL), describes her role and what it is really like. These include bidding for land, hedging foreign exchange (forex) exposure, and other exciting developments at one of the oldest listed developers on the Singapore Exchang ...
City Developments set to end year on a strong note
Goola Warden - When The Edge Singapore met Yiong Yim Ming, group CFO, City Developments (CDL), in September, her wish was for CDL’s share price to be higher. As of Nov 18, CDL is up almost 41% this year. However, the stock is still trading at a discount to its book net asset value of $10.10, and its revalued net ...
Far East Orchard to go light over the next five years
Felicia Tan - Shares in Far East Orchard, typically thinly-traded, barely moved after the group announced its FEOR30 strategy — the firm’s five-year roadmap — on Nov 24. On Nov 25, the counter closed flat at $1.22, up 17.31% year to date, but still a 56.9% discount to its net asset value (NAV) per share of ...
With no net-zero target, Far East Orchard focuses on cutting Scope 1, 2 emissions
Jovi Ho - Far East Orchard, a member of Far East Organization, Singapore’s largest private property developer, does not have a net-zero target. Instead, what the real estate group has in place is a target to reduce its Scope 1 and 2 carbon emissions by 42% by 2030 from its baseline year of 2022. Responding ...
‘Electricians will be the next billionaires’ as data centre boom lifts shares of Malaysia’s MEP firms: JP Morgan
Jovi Ho - Electricians will be the next billionaires, say JP Morgan analysts, thanks to a data centre boom in Asean led by Malaysia. Malaysian stocks involved in the mechanical, electrical and plumbing (MEP) business have emerged as one of the hottest themes in the country, say JP Morgan analysts in a note sh ...
Singapore embraces AI, but workforce sentiment remains a challenge
Romain de Laubier and Sagar Goel - Artificial intelligence (AI) adoption in Asia Pacific (Apac) has made remarkable headway over the last 12 months, as AI transitions from a novelty to a norm. More than three-quarters (78%) of employees now use AI regularly — six percentage points higher than the global average. Such progress raise ...
Singapore crowned world’s No 1 container port: report
Therese Soh - This is driven by the country’s world-class infrastructure and transparent governance
Social media is broken
Michael Helfman - Harvard Medical School found that the dopamine response triggered by social media is similar to the response from slot-machine gambling and cocaine. We connected the world and accidentally divided it. Social media was born with noble intentions. Mark Zuckerberg launched Facebook from his Harvard dor ...
Who will win the US-China AI race?
Assif Shameen - In one of Aesop’s fables, an arrogant and fast hare challenges a slow but determined tortoise to a race. Confident that sheer speed will ensure victory, the hare naps while the tortoise steadily plods on to win the race. In the tech world, the buzzword until recently has been “move fast and brea ...
Short-term contracts form smaller share of jobs, with permanent roles at record high: MOM
Low Youjin - The report finds ‘no sustained shift’ towards short-term roles for youth
Permanent employment at record high; labour force participation rate falls for 4th straight year: MOM
There appears to be no sustained shift towards shorter-term roles among younger workers, said the Ministry of Manpower.
Less job switching, especially by those in their 20s, suggests growing caution among workers, says MOM
Workers aged 25 to 29 saw the biggest drop in job switching, although they remain the most likely to have changed roles in the past year.
China, US and Malaysia are top overseas postings for Singapore workers: MOM
Low Youjin - Only 3.1 per cent of the resident labour force has ever worked overseas full-time for at least six months
