Singapore · Business
Same event, multiple sources, transparently cited.
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UK CMA Orders Google to Increase Search Ranking Transparency and Fairness
The UK Competition and Markets Authority ordered Google to improve transparency in search rankings and allow user data portability.
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Singapore's Non-Oil Domestic Exports Soar 38.4% in May 2026 on AI Demand
Singapore's non-oil domestic exports jumped 38.4% year-on-year in May 2026, led by a surge in electronics driven by global AI demand.
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Category A COE premiums top Category B for third time in 2026 as overall prices dip
Category A COE premiums rose above Category B again on June 17, 2026, despite a general decline in COE prices in Singapore.
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Bank CEOs adopt AI leading to tens of thousands of job cuts amid regulatory scrutiny
Major banks including Standard Chartered, HSBC, Goldman Sachs, and JPMorgan Chase are expanding AI use, cutting jobs and prompting regulatory oversight in Europe.
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Singapore to invest nearly S$100 million in water research and infrastructure
Singapore announced nearly S$100 million investment in water R&D and completed a S$120 million service reservoir.
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Over 130 arrested in Singapore during transnational scam crackdown causing $752M losses
More than 130 people were arrested in Singapore as part of a global crackdown on scams linked to $752 million in losses.
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Qatar plans to restore LNG output within two months after Strait of Hormuz reopens
QatarEnergy aims to resume about 50% LNG production within one month and 80% within two months after Hormuz reopens.
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KPMG barred from new Australian federal contracts amid widening Big Four scandals
Australia’s federal government barred KPMG from bidding on new contracts until September 30 after an audit-leak scandal, worsening Big Four firms’ government work decline.
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Myanmar inflation nears 25% in April 2026 amid US-Iran fuel crisis: World Bank
Myanmar’s inflation rose to 24.6% in April 2026, driven by fuel price shocks from the US-Iran conflict, World Bank reports.
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Jardine Matheson announces US$500 million share buyback and growth targets through 2030
Jardine Matheson plans a US$500 million share buyback by end-2027 and sets targets for dividend, returns, and acquisitions through 2030.
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Reserve Bank of Australia keeps cash rate at 4.35% amid inflation and slowing growth
The Reserve Bank of Australia left its official cash rate unchanged at 4.35% on June 16, pausing after three hikes but warning inflation remains too high.
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AI reshapes job roles by automating tasks, raising skill demands globally and in Singapore
AI is transforming jobs by automating tasks rather than replacing entire roles, shifting skill needs and career paths worldwide including Singapore.
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KNDS unveils CAPINT tank amid delays in Franco-German MGCS project
Franco-German group KNDS revealed the CAPINT tank today as a stopgap while the MGCS project faces a decade-long delay.
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Foundation Healthcare to file Singapore IPO prospectus, aims to raise S$500 million
Foundation Healthcare plans to file its IPO prospectus in Singapore soon, targeting a third-quarter 2026 listing valued over US$1 billion.
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Tesla presented misleading Full Self-Driving safety data to European regulators
Tesla provided European regulators with misleading safety statistics claiming its Full Self-Driving system is up to 10 times safer than human drivers, researchers say.
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Singapore new private home sales fall 71% in May amid few project launches
New private non-landed home sales in Singapore dropped 71.1% in May to 447 units, led by limited new project launches amid economic uncertainty.
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Singapore new private home sales drop 71% in May to 447 units sold
Singapore developers sold 447 new private homes in May 2026, a 71% drop from April but 43% higher than May 2025 sales.
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Singapore sees 3,830 retrenchments in Q1 2026, near three-year high amid restructuring
Singapore recorded 3,830 retrenchments in Q1 2026, up from 3,690 in Q4 2025, driven mainly by corporate restructuring.
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Lendlease to Change Auditor After KPMG Australia Regulatory Probe
Lendlease's board resolved June 15 to replace KPMG as its auditor following a probe into a regulatory breach at KPMG Australia.
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Allianz leads bid for HSBC’s Singapore insurance unit valued up to $2 billion
Allianz has emerged as the frontrunner to acquire HSBC Life Singapore as talks near completion, sources say.
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US and Iran agree to reopen Strait of Hormuz after months-long blockade
The US and Iran reached a framework deal to end hostilities and reopen the Strait of Hormuz, to be signed June 19 in Switzerland.
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Singapore to launch OTC gold clearing system and central bank gold vaulting in 2026
Singapore will establish an OTC gold clearing system by year-end and introduce central bank gold vaulting services by October 2026.
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Indonesia targets 2027 fiscal deficit at 1.8-2.4% of GDP with 5.8-6.5% growth goal
Indonesia set a 2027 fiscal deficit target of 1.8% to 2.4% of GDP and aims for economic growth between 5.8% and 6.5%.
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Singapore’s FAST-P secures $800M to fund Asian green projects
Singapore’s FAST-P initiative raised a total of US$800 million by May 20, 2026, to finance green projects across Asia.