Singapore · Business
Same event, multiple sources, transparently cited.
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US-Japan intervention lifts yen from 40-year low but gains partially fade by August 12
The US and Japan coordinated currency intervention in late July boosted the yen from near 164 to about 155 per dollar but it weakened again close to 160 by August 12.
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Kalshi Hits $27 Billion Trading Volume During 2026 FIFA World Cup Amid Legal Challenges
Prediction market Kalshi recorded $27 billion in trading volume and 3 million users during the 2026 FIFA World Cup, doubling initial projections amid regulatory scrutiny.
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Singapore Seeks Relief from US Tariffs Amid Forced Labour Investigation
Singapore’s Foreign Minister Vivian Balakrishnan called for exemption from new US tariffs following forced labour claims affecting trade partners.
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Singapore to expand air traffic control workforce by 40%, offer S$20,000 sign-on bonus
The Civil Aviation Authority of Singapore will grow its air traffic control staff from about 500 to 700 by mid-2030s, offering new recruits a S$20,000 sign-on bonus.
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Japan spends $74 billion in April to support yen amid 40-year lows against dollar
Japan intervened with record $74 billion in April but yen continued to weaken, trading near ¥163 in July 2026.
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UK inflation slows to 2.6% in June, lowest since March 2025
UK consumer price inflation slowed to 2.6% in June 2026, down from 2.8% in May, driven by falling fuel and food prices.
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Singapore Exchange launches US Depository Receipts for Grab, Sea, and SpaceX
SGX launched Singapore Depository Receipts for Grab, Sea, and SpaceX on July 22, letting investors buy US shares locally in Singapore dollars.
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South Korean Retail Investors’ Leveraged Products Surge to 3.3 Trillion Won Amid Volatility Concerns
Holdings in leveraged contracts-for-difference products by South Korean retail investors rose nearly two-thirds to 3.3 trillion won, sparking market volatility concerns.
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Danube River water levels in Romania hit lowest since 1996, disrupting farming and shipping
Danube River water levels in Romania dropped to their lowest since 1996 over July 18-19, forcing irrigation limits and halting ferry services.
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Indian tourist jailed for stealing diamond worth over S$199,000 in Singapore
Mangroliya Manojkumar Kurjibhai was sentenced to over two years in jail for a diamond theft in Chinatown on June 19, 2026.
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Nvidia CEO Jensen Huang strengthens ties with Japanese suppliers over dinner in Tokyo
Nvidia CEO Jensen Huang met Japanese semiconductor suppliers in Tokyo to reinforce partnerships critical for AI chip production.
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RTS Link to boost Singapore residents' annual spending in Johor Bahru by S$1.05 billion
Singapore residents will spend S$1.05 billion more annually in Johor Bahru after the RTS Link opens, increasing cross-border retail activity.
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Sunway MCL-led consortium submits highest bid of about S$2.1 billion for Singapore Bayshore Drive site
A consortium led by Frasers Property placed the highest bid of around S$2.1 billion for the Bayshore Drive GLS site in Singapore.
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Singapore raises 2026 GDP forecast to 4.5%-5.5% as Q2 growth hits 5.9% on AI exports
Singapore's Ministry of Trade and Industry raised the 2026 GDP growth forecast to 4.5%-5.5% after Q2 economy expanded 5.9%, led by AI-driven manufacturing and exports.
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People’s Park Centre launches third collective sale with S$1.48 billion guide price
People’s Park Centre in Chinatown has launched its third collective sale tender, lowering the guide price to S$1.48 billion with 80.5% owner consent.
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India’s SBI Funds IPO Raises $31 Billion in Bids, Fourth-Most Subscribed in Country
SBI Funds Management's $1.03 billion IPO drew $31.1 billion in bids, becoming India’s fourth-most-subscribed IPO in July 2026.
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United Airlines to sell blocked middle seats with shared tray table on new A321XLR
United Airlines will offer Economy Plus passengers the option to block middle seats on its Airbus A321XLR starting late 2026.
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Singapore's bus arrival timing system suffers 95-minute outage on July 14, services unaffected
Singapore's Land Transport Authority reported a 95-minute outage of its bus arrival timing system on MyTransport.SG app on July 14, while bus services ran normally.
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Shein Executive Chairman Donald Tang to Step Down as IPO Nears Completion
Donald Tang will step down as Shein executive chairman after three years as the company prepares for a Hong Kong IPO.
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CapitaLand disbands special opportunities team after leadership exit and restructuring
CapitaLand Investment Ltd disbanded its five-member special opportunities team following leadership changes and reassignment of staff.
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Singapore opens largest public fast-charging hub for electric commercial vehicles in Jurong
Singapore inaugurated its largest public fast-charging hub for electric commercial vehicles in Jurong on July 13, 2026.
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Commercial Ship Traffic Through Strait of Hormuz Plummets Amid US-Iran Tensions
Only 14 commercial vessels crossed the Strait of Hormuz on July 12, down from 130 pre-conflict, amid Iranian closure and US-Iran attacks.
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Non-Compete Clauses for Laid-Off Employees Generally Unenforceable in Singapore
Singapore law states non-compete clauses are enforceable only if protecting legitimate business interests and reasonable in scope.
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France’s EDF shuts down 3 nuclear reactors amid heatwave, cuts power at 8 others
EDF temporarily shut down three nuclear reactors and reduced output at eight plants across France due to a heatwave and environmental rules.