Friday, 04 September 2026
USD/SGD 1.267EUR/SGD 1.473
Singapore News from Singapore · WORLD EUROS
Nº 55 Friday, 04 September 2026

Business

News from Singapore

Most employers in Asia’s richest country plans hiring freeze next year

More than half of employers in Singapore, which leads Asia in income per capita, do not plan to expand their w…

Asia's highest income country expected to speed up growth to 5% this year

Singapore, the highest income country in Asia, is expected to grow 5% in GDP this year, up from 3.5% in 2025, …

Singapore lok lok chain founded by local influencer hawker to shut after 5 years

Fei Zhu Lok Lok, a Malaysian-style skewer chain in Singapore founded by local influencer Phyllis Seah, is clos…

StanChart sees China-Asean growth accelerating as ‘China Plus Many’ strategy takes hold

Bank sees growing use of the renminbi for payments, financing and liquidity management as Chinese companies ex…

Gold steady before US payrolls data, heads for small weekly gain

Spot gold holds its ground at US$4,475.75 per ounce, as at 0040 GMT

South Korea stocks gain as Asian equities climb and Fed bets cool

MSCI’s Asia-Pacific equities gauge rises 0.3%

Australia’s cost squeeze is turning shoppers into value hunters

Australian households are being squeezed by a cost-of-living crunch.

Addvalue secures US$5 million in new orders across space, radio units

The group’s order book now stands at about US$20.2 million

Lululemon cuts outlook again as new CEO’s challenges grow

Lululemon shares have declined more than 40 per cent so far in 2026.

Japan households cut spending for eighth month as prices rise

Prices for fresh food rose 7% in July from a year earlier, while processed food cost gains slowed to 3%.

Morgan Stanley takes aim at X accounts posting its research

Morgan Stanley complained to X about posts on the social media site using the bank’s charts and research.

Stocks to watch: OCBC, NTT DC Reit, IReit Global, Frencken, Addvalue Tech

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday…

Swiss inflation at fastest in almost 2 years after growth jump

Consumer prices rose 0.8% in August from a year earlier, up from 0.4% in July.

Malaysian billionaire king's son's plan to sell prime Singapore land complicated by $1.6B tax

A tax potentially exceeding US$1.6 billion is complicating a plan by Tunku Ismail Sultan Ibrahim, the eldest s…

‘Most of the good ones aren’t looking’: Singapore fintechs flag challenge of finding talent with both finance and tech skills

Beyond internships to build up the pipeline, observers say the task at hand is to find experienced hires

Oil prices mixed as investors weigh Middle East escalation, chance of Ukraine peace deal

Both oil contracts hit six-week highs during the session

Earn ‘stockback’ instead of cashback? Trust Bank, Tiger Brokers woo S’pore users with this card perk

Incentives draw users in, but only a good app keeps them coming back, said experts.

Wall Street ends sharply higher as Waller remarks ease rate hike fears

The Dow Jones Industrial Average rose 624.16 points, or 1.18 per cent, to 53,686.11.

European stocks recover from one-month lows as bond yields retreat

The ECB is expected to raise borrowing costs to 2.5% next week

US stocks: Wall Street ends sharply higher as Waller remarks ease rate hike fears

The three major indices ended Thursday’s session at least 1% higher

Why it’s important to know how to spend time meaningfully after retirement

Money is important for retirees but knowing how to spend time meaningfully is equally so too.

Data centres are turning copper into a hot commodity

Copper is needed for the expanding network of data centers to support the boom in artificial intelligence.

Car giant Volkswagen says cutting 100,000 jobs by end of decade

Volkswagen further said that the future of four German plants could not be assured into the 2030s.

US trade gap in July hits biggest in over a year on AI build-out

The deficit grew 24.4 per cent to US$88.6 billion (S$112 billion) in July from June.

Nvidia pays $16.4b for Hugging Face – and an open AI future

Nvidia chief Jensen Huang says the company will keep Hugging Face a neutral, independent platform.

Airbus finds quality issues on A330neo jet, slowing output

The issue – concerning a horizontal tail plane – has been sorted out, the company said.

CFO loses $200,000 bonus claim after choosing his own interpretation of employer’s requirements

A judge described the CFO as “the author of his own predicament”.

Singapore shares edge up amid mixed regional showing; STI gains 0.1%

DFI Retail Group leads gainers on the blue-chip index

Singapore records S$1.3 billion inflow of funds in Q2, led by higher allocation funds: Morningstar

The financial services firm notes increasing underlying interest in local equities today

Sennheiser Momentum True Wireless 5 review: Big potatoes earbuds

Can Sennheiser’s latest flagship earbuds battle in the big boys’ league? Only one way to find out.

Best computing, storage, and networking deals from Comex 2026

Here are some of the best laptop, storage, and networking deals we found at Comex 2026.

Malaysia’s central bank maintains key policy rate, says growth momentum to continue in 2027

Bank Negara Malaysia maintained its overnight policy rate at 2.75 per cent.

Malaysia's finance ministry hires adviser to assess AirAsia’s funding needs

South-east Asia’s largest budget carrier seeks fresh capital amid mounting financial pressure

Chinese AI firm Moonshot files confidentially for Hong Kong IPO, sources say

It has been valued at US$50 billion (S$63.5 billion) in an ongoing funding round, said two sources.

Ready for Wi-Fi 8? The ROG Rapture GT-BN98 is coming in Q4 2026

The cutting edge of Wi-Fi will soon be available in Singapore later this year.

Malaysia’s central bank holds rates again, says growth momentum to continue in 2027

Bank Negara Malaysia maintains its overnight policy rate at 2.75%

Japan's Nikkei posts one-month closing low on rate, FX uncertainty

Uncertainty over interest rates and currencies kept investors away from risk assets

Bang Si-hyuk, founder of BTS agency Hybe, referred to prosecutors: Report

The police allege he misled investors ahead of the company’s 2020 listing.

Eduardo Saverin tops Forbes’ Singapore’s 50 richest for 4th year, even as tech tycoons’ fortunes slide

The collective wealth of listees remained flat at US$239 billion, unchanged from 2025.

‘Stratospheric’ US$127 billion from India’s diaspora to aid rupee

An aggressive push by lenders in hubs such as Dubai, Singapore and London helps to drive the surge in inflows