Leadership
Federal Reserve still open to cutting interest rates later this year, says governor
[NEW YORK] US Federal Reserve governor Christopher Waller said on Monday (Jun 2) that interest rate cuts remain possible later this year even with the Trump administration’s tariffs likely...
Grab makes move to enter motor insurance market in Singapore
[SINGAPORE] GrabInsure, the insurance arm of the Grab group, is gearing up to enter Singapore’s motor insurance market.Some industry insiders said the move could deal a blow to the...
Stamford Land H2 profit falls 14.2% to S$17.6 million on lower contributions from property development segment
[SINGAPORE] Property company Stamford Land reported a 14.2 per cent fall in net profit to S$17.6 million for its second half ended March, from S$20.6 million in the year-ago...
Stocks to watch: Grand Venture, TungLok, DFI, Olam, Stamford Land, Boustead, Wee Hur, OKP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 2).Grand Venture Technology: The semiconductor company on Sunday said it had paused...
Stocks to watch: Grand Venture, Tung Lok, DFI, Olam, Stamford Land, Boustead, Wee Hur, OKP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 2).Grand Venture Technology: The semiconductor company on Sunday said it had paused...
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year...
Independent director Chua Kee Lock acquires venture shares on open market
[SINGAPORE] Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$2 million compared to...
Trump says he plans to double steel, aluminum tariffs to 50%
[WEST MIFFLIN] US President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel and aluminum to 50 per cent from 25 per cent,...