Singapore · Business
Same event, multiple sources, transparently cited.
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GM to cut about 500-600 IT staff in global restructuring
General Motors will cut hundreds of IT jobs worldwide as it shifts the unit to support more software and AI work.
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SIA Engineering profit rises 20.9% and board lifts final dividend
SIA Engineering shares rose on Tuesday after the aircraft maintainer reported higher second-half profit and revenue and proposed a bigger dividend.
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UBS says Asia-Pacific heirs seek earlier wealth transfer planning
UBS said Asia-Pacific heirs are pushing for earlier, professional planning as a US$83 trillion wealth transfer begins.
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Singapore equities see stronger trading and renewed investor interest
Singapore’s equities market has seen higher trading activity and more investor interest over the past year, market participants said.
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Hmlet co-founder Kamalski returns as CEO after Habyt deal
Yoan Kamalski has returned as CEO of Hmlet about five years after stepping down, with Mitsubishi Estate backing the company.
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More young adults in Singapore buy private homes for investment
Young adults are entering Singapore's private property market in greater numbers as banks report rising home loans and bigger borrowing.
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Middle East conflict lifts South-east Asia nuclear energy interest
The Iran war has sharpened South-east Asia's interest in nuclear power as oil and gas disruptions drive up costs and fuel supply risk [s1]
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Singapore updates Integrated Shield Plan riders with new deductible and co-payment rules from April 2026
Singapore's Ministry of Health introduced new medical insurance rules on April 1, 2026, changing coverage and costs for Integrated Shield Plan riders.
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HDB Lowers Rents as Northshore Plaza Faces Vacancies and Falling Footfall
HDB reduced rents by 10-30% for about 40 tenants at Northshore Plaza amid 12 vacant shops and lower customer traffic.
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ASEAN stresses need for deeper integration amid global economic risks
ASEAN businesses face rising volatility and fragmented global trade, urging stronger regional ties and new partnerships.
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Indonesia scraps EV tax break, raising concern over prices and demand
Indonesia scrapped a tax exemption for electric vehicles, a shift expected to lift prices and cool demand.
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Mercuria sues Baltic Exchange over disputed oil shipping benchmark
Mercuria Energy Group has sued SGX-owned Baltic Exchange over alleged benchmark distortions that it says caused oil shipping losses.
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Mercuria sues Baltic Exchange as SGX shares rise and Nio falls
Mercuria Energy Group is suing SGX subsidiary The Baltic Exchange over alleged benchmark losses, while SGX and Nio moved in opposite directions on Thursday.
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Oracle fast-tracks Asia-Pacific AI expansion through Singapore
Oracle is fast-tracking its Asia-Pacific expansion through Singapore as it bets on AI demand despite layoff reports.
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ST Engineering leads STI blue chips with 28.4% 2026 return
ST Engineering is the best-performing STI blue-chip stock in 2026, with a 28.4% total return.
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Addvalue Technologies plans Nasdaq listing for IDRS unit
Addvalue Technologies has filed for a proposed spin-off and Nasdaq listing of its IDRS business.
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Vietnam hits 5.5% inflation and records $3.28 billion trade deficit in April 2026
Vietnam reported 5.5% inflation and a record $3.28 billion trade deficit in April as rising energy costs pressure growth.
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CICT chief Tan marks first year with S$6.4 billion in big property deals
CICT chief executive Tan Choon Siang has spent his first year driving major capital-recycling property deals.
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Analysts upgrade DBS after Q1 profit beats expectations and improve forecasts
CGS International and Macquarie upgraded DBS shares following stronger-than-expected Q1 earnings and an improved 2026 outlook.
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Singapore sees rapid growth in family offices and rise in structured philanthropy
Singapore's family offices have grown nearly 10-fold in five years, surpassing 2,000 by end-2024 amid a rise in registered charities and philanthropy shifts.
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Iran warns US Navy to stay clear of Strait of Hormuz amid Gulf ship blockade
Iran warned US forces not to enter the Strait of Hormuz after the US offered support to stranded ships in the Gulf on May 4, 2026.
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Indonesia cuts ride-hailing commission cap to 8%
Indonesia will cut the ride-hailing commission cap from 20% to 8%, President Prabowo Subianto said.
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Southeast Asia biodiesel push lifts palm oil prices and plantation stocks
A crude oil supply shortfall from the prolonged Strait of Hormuz closure has sped up biodiesel mandates in Southeast Asia, lifting crude palm oil prices and SGX plantation stocks.
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Singapore and New Zealand discuss AI and trade cooperation during PM Luxon's Singapore visit
Singapore and New Zealand leaders met in Singapore to deepen AI, trade, and supply chain cooperation during Luxon's three-day visit.