Singapore · Business
Same event, multiple sources, transparently cited.
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Bank of England may allow inflation above target temporarily to support UK economy
BoE Governor Andrew Bailey said the central bank could tolerate inflation above 2% to aid the UK economy amid uncertainty from the Iran war.
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Middle East war disrupts energy supply chains and strains global markets
The war between US-Israel and Iran has disrupted energy routes and driven up prices, pressuring global oil inventories and vulnerable economies.
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New clockwise and anticlockwise signs debut at four Singapore Circle Line stations
Singapore launched new clockwise and anticlockwise directional signs at four Circle Line stations today ahead of full loop completion in July.
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Jardine Matheson considers more asset sales to shift into investment firm
Jardine Matheson is planning further asset sales to transition into an investment firm focused on high-growth sectors.
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Tokyo inflation slows to four-year low as June BOJ rate hike looms
Tokyo's consumer price index rose 1.3% in May, the slowest pace in four years before a likely Bank of Japan rate hike.
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Seatrium reports S$15.5 billion net order book for Q1 2026 with strong project pipeline
Seatrium posted a S$15.5 billion net order book for Q1 2026 across 24 projects, with deliveries through 2033 and a robust pipeline exceeding S$28 billion.
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Iceland Overtakes Switzerland as World’s Most Expensive Country
Iceland has become the world’s most expensive country, surpassing Switzerland by 3 percentage points in price level, driven by surging tourism and inflation.
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Nomura raises annual profit target by 50% to ¥750 billion following record earnings
Nomura Holdings raised its annual pretax income target by 50% to ¥750 billion for the year ending March 2031 after two years of record profits.
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Jumbo Seafood to close flagship East Coast Seafood Centre outlet on September 30, 2026
Jumbo Seafood will close its flagship East Coast Seafood Centre outlet when its lease expires on September 30, 2026.
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KPMG Australia CEO and Audit Head Resign After Whistleblower Investigation
KPMG Australia CEO Andrew Yates and audit head Julian McPherson resigned over whistleblower investigation deficiencies.
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Singapore’s CCS conditionally approves SP Mobility’s acquisition of ChargEco
Singapore’s Competition and Consumer Commission conditionally approved SP Mobility’s acquisition of rival ChargEco on May 28, 2026.
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Singapore workers’ real wages rose 4% in 2025 as inflation eased
Singapore workers saw a 4% rise in real wages in 2025, supported by lower inflation and improved firm profitability, the Ministry of Manpower said.
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Wilmar International shares plunge 10.5% amid Indonesian export investigation
Wilmar International's shares fell 10.5% on May 28 after Indonesia named it in a crude palm oil export probe over suspected under-invoicing.
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Bank of Singapore boosts hiring to expand ultra-high-net-worth client base by 30% by 2028
Bank of Singapore resumed aggressive hiring after a 2024 pause to grow ultra-high-net-worth client assets by 30% by 2028, CEO Jason Moo said.
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IHH Healthcare Q1 net profit rises 3% to RM528 million on patient volume gains
IHH Healthcare reported a 3% rise in Q1 net profit to RM528 million driven by Malaysia, Turkey, Europe, and Bayindir acquisition.
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MUFG Considers Options for Stake in Indonesia’s Bank Danamon
Mitsubishi UFJ Financial Group is exploring a sale or take-private of its 92.5% stake in Bank Danamon, following new Indonesian listing rules.
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Canberra Drive EC Site Tender Launched under New Stricter Executive Condominium Rules
Singapore launched the Canberra Drive Executive Condominium tender on May 26, the first site under tighter EC rules restricting buyer eligibility and payments.
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Shipping executive Teo Siong Seng takes leave amid US container price-fixing indictment
Teo Siong Seng, PIL chairman, takes leave after US DOJ indicted him over alleged container price fixing.
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Erin Brockovich launches US citizen platform tracking AI data center projects
Erin Brockovich launched a public platform mapping data center projects across the US as of May 2026.
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External Explosion Causes Fuel Leak on Greek Tanker near Oman Coast
A Greek-owned tanker Olympic Life suffered an external explosion off Oman on May 26, causing bunker fuel leakage but no injuries.
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CBA CEO Warns AI Will Shrink Teams and Cost Jobs Across Economy
Commonwealth Bank CEO Matt Comyn said AI will reduce jobs and teams, urging firms to help staff adapt to changes.
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MAS removes mandatory financial advice for most retail investors buying complex products in Singapore
The Monetary Authority of Singapore has ended mandatory financial advice for most retail investors purchasing complex financial products, effective May 15, 2026.
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Anonymous Bidder Wins $9M Charity Lunch with Warren Buffett and Stephen Curry
An anonymous bidder paid $9 million for a charity lunch with Warren Buffett, Stephen Curry, and Ayesha Curry, benefiting two nonprofits.
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AEM tops Singapore value traded stocks after brief surge above S$10 on May 15
AEM surpassed DBS in total traded value on May 15, briefly hitting S$10.68 before closing down at S$9.25.