OCBC to trim interest rate for flagship 360 Account from May 1 

The first S$100,000 will earn 4.45% per annum, down from the current 5.45%, when the change kicks in

Affected employees who cannot be redeployed to other roles in the company will receive retrenchment packages commensurate to salary and tenure, said Yeo Hiap Seng.

Yeo Hiap Seng cuts 9% of Singapore headcount as it moves canning operations to Malaysia

25 affected staff were informed of the layoffs in a closed-door briefing; Singapore remains the group’s headquarters

Willie Walsh’s tenure as head of Iata comes to a close on Jul 31.

India’s IndiGo names Iata head Willie Walsh as new CEO

Walsh is expected to join IndiGo no later than Aug 3

CDL CEO Sherman Kwek (left) and executive chairman Kwek Leng Beng have both gotten bigger pay packages for FY2025.

CDL CEO Sherman Kwek’s FY2025 pay jumps 71% to S$5.1 million as group profit triples

Executive chairman Kwek Leng Beng’s pay is also up, rising 24% year on year to S$7.4 million

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Across the broader market, decliners outnumber gainers 303 to 267, after 1.4 billion securities worth S$2.1 billion change hands.

Singapore shares fall amid Trump’s latest threats; STI down 0.2%

The iEdge Singapore Next 50 Index also retreats 0.2% to 1,453.06 points

The results come amid growing competition in China’s AI sector, as companies race to release updated models and step up marketing.

China's Zhipu posts 132% rise in annual revenue on AI boom

Revenue rose more than 100% to 533.9 million yuan (S$99.8 million) in 2025

The Reit will feature South-east Asian assets of JD Property, Swiss investment firm Partners Group Holding and Hillhouse-backed EZA Hill Property Management.

JD.com-backed group picks banks for IPO of Singapore Reit: sources

The listing, which could raise about S$1 billion, may take place as soon as this year

Ping An’s workforce has fallen by more than 118,000, cutting headcount by about 30% from its peak in 2018.

Ping An bets on AI to add US$174 billion to underperforming stock

A gateway linking 500 banking, insurance, and healthcare services sits at the core of the plan

Yangzijiang Shipbuilding does not expect the contracts to have any material impact on its net tangible assets per share or earnings per share for FY2026.

Yangzijiang Shipbuilding bags US$980 million in vessel contracts in Q1

The group’s outstanding order book stands at about US$22.8 billion

More than 10 shareholders posed questions to DBS’ board at the in-person AGM.

DBS’ Tan Su Shan flags second-order risks from Middle East conflict despite limited exposure

Automotives, shipping and small businesses in focus as the lender tracks knock-on effects from prolonged tensions