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 drop 2.1% after M1-Simba deal falls through
Shikhar Gupta - Shares of Simba parent Tuas Ltd are down over 60% on the ASX
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 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 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
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 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
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
Dollar firms as oil climbs, bond rout saps risk appetite
HONG KONG, May 18 : The dollar firmed against most major currencies on Monday as fresh Middle East tensions lifted oil prices and a global bond selloff dented risk appetite, while yen weakness kept traders on alert for possible Japanese intervention. The euro was last at $1.1609 and sterling fetched ...
Gold holds decline as Strait of Hormuz quagmire keeps inflation fear high
The precious metal has traded in a fairly narrow range since falling sharply in the early days of the war
Indonesia’s 5.6% growth is a fiscal ‘sugar rush’, not a structural boom
How can an economy grow so fast while its currency hits record lows?
Stocks to watch: Keppel, SingLand, UOL, UOB, ST Engineering, SIA, Lendlease Global Commercial Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 18):
Jane Street doubles capacity in Singapore with move to new office, will expand headcount
It is seeking experienced candidates to fill roles covering software, cybersecurity and data centre engineering
Jane Street doubles capacity in Singapore as expansion rolls on
The firm first set up in Asia with a Tokyo office in 2010