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News from Singapore

New service lets Singaporeans drive rental cars to Malaysia
Singaporeans can now drive cars across the Causeway into West Malaysia thanks to a new cross-border feature re…

Singapore’s Marina Square mall to shutter next year for expansion
Singapore’s Marina Square Shopping Mall will shut down on March 31 next year for a major redevelopment that wi…

Thai billionaire Charoen Sirivadhanabhakdi’s company buys Singapore’s shophouse complex for $138M
Frasers Property, controlled by Thai billionaire Charoen Sirivadhanabhakdi, has acquired a cluster of prime fo…

US dollar hits 7-week high, Middle East conflict and rate paths in focus
The US dollar hit a seven-week high on Sept 2 as investors turned to the US currency.

SIA to unveil new cabin products in November
The upcoming seats will be the first meaningful redesign of its long-haul business class in almost two decades

Singapore Airlines to unveil new cabin products in November
The upcoming seats will be the first meaningful redesign of its long-haul business class in almost two decades

Shein shares slip more than 3% on second day of Hong Kong trading
Higher import duties in key markets are hampering Shein’s growth prospects.

Hunting for yield? DBS analysts bet on S-Reits over bank dividends
The yield gap between them is widening, but rising bond yields and interest rates bear watching

BOJ chief signals chance of September rate hike, debate on price risks
He said it will debate raising interest rates with a focus on whether inflationary risks were heightening.

Economists raise Singapore’s 2026 growth forecast to 5% on AI boom: MAS survey
Respondents also raised their predictions for manufacturing and non-oil domestic exports.

New Zealand flags gradual policy tightening after hiking rates
The central bank raises its official cash rate by 25 basis points to 2.75%; kiwi falls

US SEC preps plan to widen investor access to private markets
THE US Securities and Exchange Commission is eyeing a plan to expand access for retail investors to private ma…

Gold hits over 3-week low as Middle East tensions fan rate-hike fears
The US dollar held firm, making greenback-priced metals costlier for buyers using other currencies.

Asian markets tumble as US-Iran fighting lifts oil and bond yields
A bond market-induced panic on global markets spilled over into the region.

Why high yields on government bonds are causing alarm
Rising fiscal deficits and stubborn inflation are driving a flight from long-dated sovereign debt

Taiwanese borrow to buy stocks in AI-fuelled frenzy
A growing number of people are using debt to buy into Taiwan’s stock market.

Apple sets pay targets at $73 million for John Ternus, $59 million for Tim Cook
The company made the disclosure in a filing with the US Securities and Exchange Commission on Sept 1.

South Korea, Japan stocks slide as Asian equities fall amid oil gains, Fed rate hike bets
Traders now put odds of a September rate hike at over 50% for five major central banks

Goldman Sachs, BofA and others plan to issue dollar stablecoin together in 2027
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Gold hits over 3-week low as Iran war tensions fan US rate hike fears
Prices head for a fourth straight session of losses and remain below the 200-day moving average

Asian banks cautiously restart Gulf lending despite Iran risks
Major borrowers secured financing in August from Asian banks and other lenders.

Stocks to watch: Keppel DC Reit, Frasers Property, Centurion, Nio, EGP Energy
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednes…

Frasers Property to redevelop Yishun 10 into mixed-used complex by mid-2031
It will be the first residential launch in Yishun Central in more than a decade.

What do rising US Treasury yields mean for Singapore investors?
The increase reflects concerns for issues such as the US fiscal outlook and heavy debt issuance

Nokia set to rejoin Euro Stoxx 50, Volkswagen dropped
Shares of Volkswagen have dropped nearly 27% so far this year

Taiwan semiconductor firm UMC pours billions into Singapore to claim a stake in the AI boom
UMC will also double its skilled employees from around 1,200 now to support the expansion in Singapore.

Europe’s Stoxx 600 hits one-month low as inflation, rising yields pressure markets
The European Central Bank is expected to raise interest rates next week

US stocks: Wall Street ends lower due to higher yields, rising oil prices
All three major indices declined on the first day of September, historically the worst-performing month for US…

Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
The Dow Jones Industrial Average fell 413.41 points, or 0.78 per cent, to 52,772.49.

Dyson’s first electric toothbrush has a camera and costs S$699
The CameraJet watches as you brush, identifies gaps between your teeth and fires targeted jets of mouth rinse …

Retailer sues interior design firm for $463,000 over delays in store opening, awarded $500
The judge said the project was followed by an “unfortunate” breakdown in the companies’ relationship.

Nio Q2 net loss narrows 89.4% to 528 million yuan on higher revenue
Vehicle sales for Q2 stood at 29.1 billion yuan, up 80.1% year on year and 27.5% higher than in Q1

Mapletree closes first round of emerging Asia logistics development fund at over US$500 million
It aims to raise an additional US$200 million for the second close by early next year

EGP Energy unit secures transmission and distribution project valued at S$6.2 million
EGP Smart Energy’s contract brings the group’s order book to about S$305.1 million

Tenants mull over future plans after sudden news of Marina Square closure
Tenants were informed of the mall’s impending closure on Sept 1.

Shopee appliance seller sues customer over bad review – and loses
The judge said Asia Excel had failed to establish how the reviews were defamatory in nature.

Singapore shares close lower amid mixed regional showing; STI down 0.8%
Sembcorp Industries leads the gainers on the blue-chip index

Euro zone inflation flares, all but sealing September ECB hike
Another quarter-point hike by the ECB on Sept 10 is now fully priced by markets.

Jollibee picks Hong Kong over US for international unit listing
It now sees Hong Kong as “a natural market” for the listing vehicle, given its presence across Asia.

As Singaporeans live longer, can their retirement savings and investments keep pace?
Target-date funds can be one way to enhance retirement savings and financial security.