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
Singapore exports beat forecasts with 24.5% April jump; AI demand seen staying strong
Low Youjin - April’s NODX expansion comes on the back of robust AI-related demand
Singapore’s key exports up 24.5% in April, beating forecasts
Low Youjin - Its expansion comes on the back of robust AI-related demand
ST Engineering Q1 revenue rises 11% to S$3.3 billion on strong segment growth
Deon Loke - The group also declares an interim dividend of S$0.04 per share, unchanged from the year before
Prudential to buy majority stake in Bharti Life for 35 billion rupees
An additional consideration of up to seven billion rupees may be payable upon completion of the deal
Keppel activates 'Plan B' for M1 after IMDA suspends review of Simba's bid; remains open to consolidation
The Edge Singapore - Keppel is reiterating its target to monetise $2-$3 billion of non-core assets in 2026, after news that regulator IMDA has suspended the review of Keppel's planned sale of M1 to Australia listed Tuas, which runs Simba. Keppel will however, disregard the $1 billion it had expected to book from th ...
IMDA suspends review of Simba’s proposed acquisition of M1 amid probe
During its review, IMDA learnt that Simba could have been using radio frequency bands that had not been assigned to them to provide mobile services.
IMDA suspends review of Simba's proposed acquisition of M1 amid probe into potential regulatory breach
During its review of the deal, IMDA learned that Simba may have been using radio frequency bands that had not been assigned to it to provide mobile services.
IMDA suspends review of Simba’s proposed acquisition of M1 amid probe into potential regulatory breach
During its review of the deal, IMDA learned that Simba may have been using radio frequency bands that had not been assigned to it to provide mobile services.
Keppel’s M1 sale stalls as IMDA probes alleged spectrum breaches by Simba
Therese Soh - Keppel shares down over 4%; group to roll out Plan B to boost M1 operations in event it retains majority control
IMDA halts assessment of proposed M1-Simba merger pending probe into spectrum usage
Therese Soh - Authority learns Simba could have been using radio frequency bands that are not assigned to the telco to provide mobile services
IMDA halts assessment of proposed M1-Simba merger; authority probing Simba’s possible unauthorised use of radio frequency bands
Therese Soh - [SINGAPORE] The Infocomm Media Development Authority (IMDA) announced on Monday (May 18) that it has suspended its assessment of the proposed consolidation...
Is Jardine C&C likely to be taken private?
Ben Paul - Most of its value resides in Jakarta-listed Astra International, while its own parent has secondary listing in Singapore
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
Renald Yeo - The company tried various ways to stay afloat, but revival plans collapsed
Outlook still bullish for Dow
Wall Street’s blue-chip index is approaching, but has yet to break through the ceiling established in February 2026. The Dow Jones Industrial...
Costs of energy transition likely to go up over short term due to Iran war, says OCBC CSO
Janice Lim - The lender expects persistent inflationary pressures as central banks keep interest rates higher for longer
Malaysia unveils measures to help airlines hit by Iran war
The government has also allocated RM5 million for flight ticket rebates
ST Engineering's 1QFY2026 earnings up by more than 15% y-o-y
The Edge Singapore - Singapore Technologies Engineering's 1QFY2026 revenue was up 11% y-o-y to $3.26 billion, with "strong" growth across its various segments. If revenue from LeeBoy, a divested construction machinery unit in the US is excluded, the "rebased" growth would have been 15% y-o-y. Ea ...
