News
Former OCBC trading rep, ex-GM of Sasseur Reit affiliate found guilty of trading offences
[ad_1] One is convicted of abetting false trading and the other, of engaging in insider tradingTWO individuals have been convicted under the Securities and Futures Act – one of them...
Grab to consolidate Indonesia’s Superbank into financial services segment; Singtel transfers stake to GXS Bank
[ad_1] Superbank, which completed an IPO in Indonesia in December 2025, has a market capitalisation of US$1.6 billion[SINGAPORE] Grab will consolidate Indonesian digital bank Superbank into its financial services segment,...
Disney accused of misusing facial recognition technology
[ad_1] A visitor has filed a $5-million lawsuit against Disneyland for allegedly failing to properly disclose the use of facial-recognition technology at park and collecting sensitive data on guests.Summer Christine...
Collapse of M1-Simba deal reveals chinks in Singapore’s cursed telco consolidation dream
[ad_1] A rollback to a three-player market is inevitable; the tragedy is how difficult the exit has become[SINGAPORE] Everything in Singapore feels like it is getting more expensive – from...
Commercial vehicle COE premium up 5.4% to new record of S$92,223
[ad_1] For May’s second round of bidding, the mainstream car category is the only premium to dip, down 0.4% to S$124,229[SINGAPORE] The Certificate of Entitlement (COE) premium for commercial vehicles...
Japan’s Nikkei ends near three-week low as AI-stock selloff weighs
[ad_1] Published Wed, May 20, 2026 · 03:23 PM[TOKYO] Japan’s Nikkei share average closed at a near three-week low on Wednesday (May 20), with SoftBank Group leading the decline, as...
London’s Global Healthcare Opportunities and Singapore-based CBC Group to merge creating investment giant: FT
[ad_1] The merger is expected to create a US$21 billion investor employing more than 200 professionals globally Published Wed, May 20, 2026 · 02:20 PM[BENGALURU] One of Europe’s largest healthcare private...
China says it will buy 200 Boeing jets, seek extension of US tariff truce
[ad_1] The two sides will seek reciprocal levies cuts on US$30 billion or more of goods each, the Chinese ministry saysPublished Wed, May 20, 2026 · 01:26 PM[BEIJING] China will...
Gardenia axes over 100 staff in Singapore as it relocates bakery production to JB
[ad_1] The city-state will still be the bread maker’s central hub, with about 250 employees[SINGAPORE] Bread maker Gardenia Foods will move its bakery operations from Singapore to Malaysia, with 141...
OCBC outbids banks on HSBC Indonesia deal by wide margin: sources
[ad_1] The higher offer allows OCBC to enter bilateral negotiations to finalise the dealPublished Wed, May 20, 2026 · 11:10 AM[SINGAPORE] OCBC substantially outbid rivals in a recent deal to...
