News

Boards should ‘preset’ instead of reset: Keppel chairman Piyush Gupta
Boards should be viewed as a ‘collective of talent’, much like a football team, he says[SINGAPORE] Boards should not be “reset” in response to a changing business and regulatory...
Frencken proposes S$100 million placement to fund expansion, potential M&A
It wants to beef up its production capacity and that of its mechatronics and advanced plastic solutions divisions[SINGAPORE] Tech solutions provider Frencken on Thursday (Aug 27) announced that it...
Samsung ordered to pay Swatch US$11. 6 million over copied smartwatch apps
The Swiss watchmaker sought about US$170 million from the Korean technology giantPublished Wed, Aug 26, 2026 · 11:15 PM[LONDON] Samsung Electronics was ordered to pay Swatch Group US$11.6 million...
Shipbuilder Penguin International wins first prime contract with Singapore Navy
Under the contract, two landing craft will be built entirely in Singapore, using Penguin’s in-house capabilities[SINGAPORE] Mainboard-listed shipbuilder Penguin International on Tuesday (Aug 25) said it has secured a...
Trump vows to double Canadian auto tariffs, escalating fight
Published Mon, Aug 24, 2026 · 11:30 PM[WASHINGTON] US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year, escalating the spiraling...
UltraGreen.ai’s big slump: Was it the Singapore market that failed the company, or vice versa?
Firms seeking to be priced on their potential must adopt a culture of transparency and meaningful engagement[SINGAPORE] During the National Day weekend, an independent analyst named Jamal Aliyev sent...
Bessent’s bond manoeuvres giving global debasement trade new life
[LONDON] US Treasury secretary Scott Bessent’s bid to tame US borrowing costs knocked down long-term yields for barely a day. The more lasting market signal: the dollar weakened while...
‘Not charity’: Asean Power Grid promises shared benefits, says DBS executive
Industry players, speaking in a forum, call for more regulatory clarity, central procurement of subsea cables[SINGAPORE] The Asean Power Grid (APG) is not about “charity”, but fostering shared growth...
Walmart reports rare sales miss as consumers cut spending
It missed quarterly comparable sales estimates for the first time in at least five yearsPublished Thu, Aug 20, 2026 · 10:20 PM[NEW YORK] Walmart missed quarterly comparable sales estimates...
China orders entities not to assist EU’s JD.com probe
EU cited concerns that JD.com might have received foreign subsidies that could distort the bloc’s marketPublished Wed, Aug 19, 2026 · 10:20 PM[BEIJING] China said on Wednesday (Aug 19)...
Nokia to close almost all sites in mainland China by year end
It’s taking steps to better align its operations in China with its global operationsPublished Tue, Aug 18, 2026 · 10:46 PM[BEIJING] Finnish telecom equipment maker Nokia plans to cut...
S&P 500 opens muted as Middle East tensions weigh
Published Mon, Aug 17, 2026 · 09:56 PM[NEW YORK] The S&P 500 opened subdued on Monday (Aug 17) as markets weighed the prospect of renewed tensions between the US...