Companies & Markets
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
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
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’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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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
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
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 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 bags US$980 million in vessel contracts in Q1
The group’s outstanding order book stands at about US$22.8 billion
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