Singapore · Business
Same event, multiple sources, transparently cited.
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Japan expands used cooking oil collection to boost sustainable aviation fuel by 2030
Japan is intensifying used cooking oil collection to increase sustainable aviation fuel supply to 10% of airline fuel use by 2030.
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Singapore Kitchen Equipment CEO and senior manager charged with fraud and falsifying accounts
CEO Sally Chua, senior manager Charlene Koh, and former CFO Chow Mei Ling were charged with fraud and falsifying documents over payments at Q'son Kitchen Equipment.
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UK’s largest retailers cut nearly 18,000 jobs amid rising taxes and wages
Britain’s biggest retailers reduced their workforce by almost 18,000 jobs over the past year amid tax and wage hikes.
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Allianz Global Investors in exclusive talks to buy UOB Asset Management
Allianz Global Investors is in exclusive talks to acquire United Overseas Bank's asset management division, with the deal nearing completion.
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Explosion at Oman’s Mina al Fahal terminal disrupts oil loading amid drone attack claims
An explosion near Mina al Fahal terminal in Oman on June 5 disrupted oil loading, with conflicting reports about operational suspension.
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KPMG Australia CEO and senior partner resign over whistleblower misconduct allegations
KPMG Australia CEO Andrew Yates and audit head Julian McPherson resigned after mishandling a whistleblower investigation involving confidential documents, as clients review ties.
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Singapore Airlines in talks to buy at least 50 large jets from Airbus and Boeing
Singapore Airlines is negotiating with Airbus and Boeing to purchase at least 50 wide-body jets, including Boeing 777X and Airbus A350-1000 models.
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Category A COE premiums near eight-month high as commercial vehicle COE hits record in Singapore
Category A COE premiums rose to S$126,009 on June 4, while commercial vehicle COE reached a record S$94,000 in Singapore.
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Singapore Airlines limits Business Class seat selection by fare and KrisFlyer status
Singapore Airlines on June 2, 2026, introduced new Business Class seat selection limits tied to fare types and KrisFlyer membership tiers.
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Asian nations act to stabilize currencies amid strong dollar and high oil prices
South Korea, Indonesia, Japan, India, and the Philippines take measures to shore up their weakening currencies on June 4 amid broad dollar strength.
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Meta condemns Australia’s proposed law requiring tech giants to pay news publishers
Meta criticized Australia’s new law mandating large tech firms to pay local news outlets for content use, calling it unfair and unsustainable.
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Uber cuts 23% of People and Places division jobs, impacting senior roles
Uber announced a 23% reduction in jobs across its People and Places division, affecting many senior roles and less than 1% of its total workforce.
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Indonesian stocks fall to five-year lows as rupiah hits record lows on economic, political risks
Indonesian stocks plunged up to 36% in 2026 while the rupiah dropped to record lows amid fiscal and political concerns.
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Singapore launches Feed and Feed Ingredient Technology Centre to boost aquaculture yield
Singapore’s Food Agency and Institute of Technology established F2TC to develop nutritious fish feed and support local aquaculture farms.
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World Cup could cost global employers $17 billion in productivity losses
Employers worldwide face $17 billion in lost productivity as employees plan schedule changes during the 2026 World Cup.
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Singapore manufacturing PMI rises to highest since Dec 2024, led by AI demand
Singapore's manufacturing PMI rose to 51.0 in May, marking 10 months of expansion driven by strong AI-related demand in electronics and tech sectors.
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Singapore to raise starting pay and sign-on bonuses for local bus captains from January 2027
Singapore government will fund a S$450 monthly pay raise and S$2,000 sign-on bonus for new local bus captains starting January 1, 2027.
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Singapore to release land for 4,745 private homes and Jurong Lake District white site in 2H 2026
Singapore’s Ministry of National Development announced land release for about 4,745 private homes and a Jurong Lake District white site tender launch in 2H 2026.
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Japan approves ¥3.1 trillion supplementary budget to ease rising fuel and energy costs
Japan's cabinet approved a ¥3.1 trillion budget on June 3 to subsidize soaring gasoline and utility prices amid Middle East crisis.
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DBS and OCBC reach record highs, leading Singapore's Straits Times Index gains
DBS and OCBC shares hit fresh record highs on June 2 and 3, driving gains in Singapore’s Straits Times Index before declines on June 5.
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Andrew Left convicted of securities fraud for stock manipulation via social media
Andrew Left, founder of Citron Research, was found guilty of securities fraud for using social media to manipulate stock prices and profit.
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Japan Faces Banana Shortage as Ethylene Supply Drops Amid Middle East Conflict
Japan is experiencing a banana shortage due to a disruption in ethylene supplies caused by a Strait of Hormuz closure reducing naphtha availability.
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SK Hynix to Double Memory Chip Wafer Capacity Over Five Years to Meet AI Demand
SK Hynix plans to double its memory chip wafer capacity by 2031 to address a global AI-driven shortage expected to last until 2030.
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Blackstone Raises $13.1 Billion, Largest Asia Private Equity Fund to Date
Blackstone closed its Asia private equity fund at $13.1 billion, surpassing its $10 billion target and doubling its previous fund size.