New coalition to mobilise demand and financing for carbon credits
Lin Daoyi - Seeking to catalyse investment in credible climate solutions, strengthen market confidence and enable broader corporate participation in global carbon markets, the Action for a Resilient Climate (ARC) Coalition, was launched on May 18 at the GenZero Climate Summit 2026, which is held during Ecosperi ...
SEC readies plan for trading crypto versions of stocks, Bloomberg News reports
May 18 : The Trump administration plans to unveil a framework for trading tokenized or digital versions of securities, Bloomberg News reported on Monday, citing people familiar with the matter.The U.S. Securities and Exchange Commission is expected to release an "innovation exemption" for ...
Inside Singapore’s push to transform manufacturing through AI and automation
Low Youjin - Cost, labour and competitive pressures push manufacturers to artificial intelligence, advanced engineering
Economic Strategy Review makes a case not just for staying the course, but also knowing when to quit
Janice Heng - Under certain proposals, companies need to know when to wind up, and some workers may need to accept lower pay
Want to beat rising inflation? These SGX-listed funds and stocks offer dividends of at least 3%
Chloe Lim - iShares US dollar Asia High-yield bond index ETF leads the pack with a 7.3% dividend yield
Lenovo has handed Fifa an AI gold mine, but monetising fandom is a tough sell
Shikhar Gupta - Football’s world governing body promises mass personalisation at the World Cup, but experts say poor execution could trigger fan backlash
AI startup Mistral to nearly treble Singapore headcount as it eyes growth in South-east Asia
Young Zhan Heng - With the city-state as a base, it aims to grow its presence in Thailand, Malaysia and elsewhere in region
Trump says ‘good chance’ of Iran nuclear deal after delaying strike
Iran sends new peace proposal via Pakistan, progress described as difficult by Pakistani source
Trump says holding off on new Iran strikes after Gulf appeal, ‘very good chance’ of nuclear deal
Iran sends new peace proposal via Pakistan, progress described as difficult by Pakistani source
Exclusive-Meta lays out details of May 20 restructuring in internal document
NEW YORK, May 18 : Meta detailed its layoff plans for this week in a memo shared with employees on Monday, saying cuts to its workforce globally would be accompanied by a fresh round of organizational changes aimed at improving the company's AI workflows.The Facebook owner is planning to lay of ...
SE Asia can actualise US$395 bil capital deployment in power, grid and EV value chain over next 5 years: report
Lin Daoyi - A new report by Bain & Company and Standard Chartered Bank suggests that Southeast Asia could boost green capex deployment for power, grids and the electric vehicle (EV) value chain by US$80 ($102) billion to US$395 billion between 2026 and 2030, provided the region resolves systemic issues. Acc ...
Anthropic to let partners share Mythos cybersecurity findings with others
May 18 : Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model to share information about cyber threats with others who may be exposed to similar vulnerabilities. Mythos, announced on April 7, is being deployed as part of Anthropic's " ...
Nasdaq leads equity losses with oil, borrowing costs in focus
This is the second straight decline for the Nasdaq and the S&P 500
European shares end volatile session higher, inflation concerns limit gains
Bets that central banks would soon hike interest rates led traders to sell bonds
Amazon's Singapore retreat: Why its US playbook failed in Southeast Asia
Regional platforms compete on price and volume of unbranded sellers, "not a play that Amazon has traditionally been strong at", an analyst says.
Commentary: Will UAE’s OPEC exit be another risk for Singapore’s refineries?
If stability returns to shipping routes, the United Arab Emirates’ exit from the Organisation of Petroleum Exporting Countries can create opportunities for Singapore’s refineries, says Coface chief APAC economist Bernard Aw.
Commentary: No, the Iran war won’t ground your European holiday flight
The invisible hand of the market is doing enough to keep most planes flying, says Javier Blas for Bloomberg Opinion.
Exclusive-How Trump's crypto venture and Iran's top exchange tapped into the same industry networks
LONDON, May 18 : When customers of Iran’s largest crypto exchange needed to move billions of dollars, networks created by two of the industry’s biggest players served as conduits.And from the early stages of President Donald Trump’s flagship digital currency venture, the same two players lent ...
OpenAI defeats Elon Musk's lawsuit, removing obstacle to IPO
Elon Musk’s lawyer said after the verdict that "this one is not over" and that the billionaire planned to appeal.
Key moments in the Musk vs OpenAI trial
May 18 : Elon Musk failed to convince a jury on Monday that OpenAI's CEO Sam Altman and President Greg Brockman broke their agreement to maintain the maker of ChatGPT as a nonprofit to benefit humanity. The jury decided Musk waited too long to sue. Musk had sought about $150 billion in damages ...
Volkswagen flags Chinese competition in Brazil, sees limited Iran impact
RIO DE JANEIRO, May 18 : Volkswagen is concerned about declining resale values of its vehicles as lower-priced Chinese competitors expand in the Brazilian market, the company's head in Brazil, Ciro Possobom, told Reuters on Monday."While new entrants are entering aggressively and putting d ...
Instant View: California jury sides with OpenAI over Musk lawsuit
May 18 : A U.S. jury in Oakland, California, ruled against Elon Musk in his lawsuit against OpenAI on Monday, finding the artificial intelligence company not liable for allegedly straying from its original mission to benefit humanity. In a unanimous verdict reached after less than two hours of delib ...
As chip industry chases AI, US national labs look to newcomers for supercomputers
ALBUQUERQUE, New Mexico, May 18 : In a nondescript building on Kirtland Air Force Base on the high desert of New Mexico, liquid-cooled supercomputers gurgle and hum their way through some of the most complex math problems the U.S. government seeks to solve: simulating how hypersonic nuclear weapons ...
Chinese greenfield investment in Europe reaches new record, newspaper reports
BERLIN, May 18 : Chinese investment in Europe reached a new record in 2025, with more factories being built than ever before, German business daily Handelsblatt reported on Monday.Greenfield investment - where foreign investors build new production facilities rather than buy existing companies - rea ...
Jury reaches verdict in Elon Musk lawsuit against OpenAI, judge says
May 18 : A federal jury has reached a verdict in Elon Musk's lawsuit against OpenAI and its Chief Executive Sam Altman, the judge overseeing the case said on Monday.The verdict is expected to be read shortly.
M1-Simba deal: What are frequency spectrums and when does their use become unauthorised?
Chloe Lim - Unassigned use of frequency spectrum may allow operators to gain an unfair advantage, says IMDA
Lendlease REIT reports higher occupany in 3QFY2026 with lower pro forma gearing
The Edge Singapore - Lendlease REIT completed the acquisition of 30% interest in PLQ Mall on March 26 achieving full ownership of the asset. AEI are currently underway, with completion targeted by end 2026 positioning PLQ Mall to better capture evolving consumer demand and meet retailers’ operational requirements. Upo ...
China’s Nanning ‘main gateway’ for ties with Asean; trade corridor opens faster route to Asia: SM Lee
Tan Weizhen - The Pinglu Canal will span 134.2 km from Hengzhou, under the jurisdiction of Guangxi’s capital
CGSI downgrades Keppel to 'hold' following scuppered M1 sale; UOBKH's Loh maintains $13.23 target price
The Edge Singapore - Lim Siew Khee and Meghana Kande of CGS International have downgraded Keppel from "add" to "hold", following news that the sale of M1 to Simba has fallen through, putting a brake on the company's divestment moves, plus potentially lower dividend payout. From a previous target ...
CGSI downgrades Keppel to 'hold' following scuppered M1 sale
The Edge Singapore - Lim Siew Khee and Meghana Kande of CGS International have downgraded Keppel from "add" to "hold", following news that the sale of M1 to Simba has fallen through, putting a brake on the company's divestment moves, plus potentially lower dividend payout. From a previous target ...
S&P 500, Nasdaq open higher as chips rebound, yields retreat
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Monday (May 18) as heavyweight semiconductor stocks recovered, while a bond...
Temasek unlikely to meet 2030 climate targets, says CEO Dilhan Pillay
Janice Lim - In the current global landscape, ‘the transition will be far more uneven, contested and non-linear’
Keppel will divest property and rigs to offset M1 says CEO Loh
The Edge Singapore - In August last year, Keppel announced the proposed sale of M1 to Simba for $1 billion in cash. However on May 18 the IMDA announced it has suspended the review of Keppel's planned sale of M1 to Simba. Given that approval from IMDA is one of the conditions required, the deal has been terminated. ...
Lendlease Reit posts 12.2% retail rental reversion in Q3 as PLQ Mall acquisition lifts tenant sales
Evan See - Portfolio occupancy is up at 95.3% from 94.9% a quarter earlier
