Impact

Industrial output blows away all expectations with 21% growth in July

Industrial output blows away all...

August 25

SINGAPORE — Industrial output blew away all expectations in July, driven by growth in all six manufacturing clusters, with the stellar performance in electronics leading the way.

AliPay to launch local wallet for Singapore

AliPay to launch local wallet for...

August 22

SINGAPORE — Alipay — the mobile payment company owned by Chinese fintech giants Ant Financial — is looking to launch a local e-wallet for Singapore consumers, it said on Tuesday...

Saudi Aramco IPO, ‘world’s biggest’, pits Singapore against five other contenders

Saudi Aramco IPO, ‘world’s biggest’,...

August 02

DUBAI — Saudi Arabia aims to sell about 5 per cent of Saudi Aramco in an initial public offering next year, and stock exchanges from Singapore to the UK are vying for what may...

Temasek, Raine, close to buying stake in music-streaming service SoundCloud

Temasek, Raine, close to buying stake...

August 02

LOS ANGELES — SoundCloud Ltd is close to selling stakes to the Raine Group and Temasek Holdings, deals that would help stabilise the owner of the popular music-streaming service...

Half-a-degree of warming boosted extreme weather

Half-a-degree of warming boosted...

June 30

PARIS — Half a degree Celsius of global warming has been enough to increase heat waves and heavy rains in many regions of the planet, researchers reported Friday (June 30).

DBS reports steady Q1 net profit at S$1.831 billion, wealth management outperforms

DBS reports steady Q1 net profit at S...

May 02

SINGAPORE — DBS Group Holdings, Singapore's biggest lender, beat market expectations by reporting stable quarterly profit on Tuesday (May 2), underpinned by a record performance...

1MDB probe: MAS seeks lifetime trading ban on two ex-bankers

1MDB probe: MAS seeks lifetime...

March 13

SINGAPORE — In an unprecedented move, the Monetary Authority of Singapore (MAS) is seeking lifetime trading bans against two individuals who had been convicted of offences...