Singapore
SBS Transit profit falls 5.6% to $29.4m in H1
SBS Transit profit falls 5.6% to $29.4m in H1
Higher fuel, electricity and staff costs offset revenue growth from its bus and rail operations.
Medi Lifestyle eyes $6.76m deal for 60% of Q&M’s EM2AI
The proposed acquisition will be paid entirely with new shares.
NODX forecast lifted to 15.5% as US tariff threatens one-third of exports
Enterprise Singapore also raised its 2026 NODX band to 14%-16% from 3%-5% as July exports jumped 24.2%.
Singapore life insurance advisers capture 79.4% of new policies
The two channels facilitated 504,951 purchases.
Singapore banks’ 2026 profitability lifted by wealth fee growth
The three banks’ capitalisation remains strong, but CET1 ratios are declining.
Daily Markets Briefing: STI up 0.43%; Top stock is Keppel
Keppel is the top stock with a 3.04% increase.
AI chatbots rank amongst young investors’ top tools
Financial news and stock screeners trail the tech in the latest ranking.
Singapore targets crew safety in ammonia, methanol fuel push
It outlined three safety priorities, including responsible technology adoption.
CSE Global wins $64.3m US contract for Cheyenne Power Hub
Execution is expected to run progressively from 2026 to 2027.
OUE Healthcare opens 230-bed flagship hospital in Shenzhen
Has more than 230 beds across 42,000 square metres.
Revenue slump drives Mooreast into $2.8m loss in H1
Loss per share stood at $0.0109.
OUE swings to $114.6m loss in H1 on GPI hit
It incurred a $47m impairment loss on its interest in GPI.
GXS Bank debuts unlimited cashback card
Eligible Grab transactions earn a 10% rebate in the form of GrabCoins.
CCS warns HelloRide over proposed price talks with rival Anywheel
Anywheel rejected both approaches and reported them.
STT GDC secures $1.75b green financing for Johor data centre campus
The facility is planned to have a capacity of up to 166 MW of IT load.
Wee Hur H1 profit rises 17%, adjusted earnings hit by fee absence
The decline mainly reflected the $38.4m performance fee recognised in H1 2025.
US flags Singapore, 40 economies over China-linked transhipment
City-state classified as Tier 3, covering smaller markets with rerouting appeal.
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Commentary
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