Companies & Markets

The minister said he had told Saudi Aramco it could use the pipeline for oil transport until May, after which it would need to be cleaned and returned to gas service.

Saudi Arabia eyes raising its pipeline oil export capacity to 10 million bpd: energy minister

[DUBAI] Saudi Arabia is looking to expand its pipeline crude export capacity to as much as 10 million barrels per day by repurposing a domestic gas pipeline and investing in its existing East-West net...

2026-10-12T12:54:45.000Z

Kristalina Georgieva says: “We cannot today imagine what exactly the world of work will be five years from now. But we can be disciplined and carefully assess what is happening, and then draw lessons, but ... act on them now.”

IMF says AI investment keeps global growth around 3% but brings massive disruption

The tech is already reducing demand for human workers by taking over routine tasks, Kristalina Georgieva adds

2026-10-12T12:31:53.000Z

UPDATED 23 minutes ago

Fitch Ratings downgraded Genting to BBB- in September.

Genting shares tumble most since 1998 on rights issue plan

Genting is grappling with mounting debt and falling profitability

2026-10-12T11:58:51.000Z

Across the broader market, losers outnumbered gainers 282 to 247.

Singapore shares rise as banks rebound after sell-off; STI up 0.3%

The gains follow a sharp retreat in the previous week, when the blue-chip index fell 4.1%

2026-10-12T10:32:50.000Z

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Retail petrol prices approached US$4.50 a gallon in late September, the highest in four months.

US CPI to show overall inflation boosted by higher petrol prices

Concerns about affordability and high prices have taken a toll on consumer confidence

2026-10-12T09:32:44.000Z

Hospitalisation, clinics and laboratories remain the costliest elements of the cost of medical plans.

Asia-Pacific medical trend rate expected to edge downwards in 2027 – but not in Singapore

Employers’ annual percentage rise in the cost of providing medical services in major talent hubs to rise

2026-10-12T09:22:08.000Z

For the first time, the RBI introduced a foreign-exchange risk reserve, requiring lenders to hold with the central bank the rupee equivalent of 20% of the notional value of each derivative transaction above US$2 million.

Biggest rupee defence in a decade draws line under 97 per US dollar

India’s most forceful currency defence in more than a decade is cementing expectations among traders and analysts that the central bank will do everything it can to prevent the rupee from weakening be...

2026-10-12T08:59:16.000Z

SGX launched government bond futures for India, Indonesia, Thailand, Malaysia and the Philippines earlier in 2026, alongside 20-year Japanese futures.

SGX woos European traders with new futures window

It aims to boost activity from market makers and asset managers later in the Asian trading day

2026-10-12T08:30:50.000Z

The Stoxx 600 index gained 0.43 per cent to 634.25 points by 0709 GMT on Monday.

European shares rise on lower oil prices, bank strength ahead of earnings

EUROPEAN shares rose on Monday (Oct 12), led by banking stocks as oil prices eased on hopes of Russia-Ukraine energy ceasefire, while investors awaited the start of the earnings season for fresh catal...

2026-10-12T08:12:30.000Z

Beyond electricity imports, Singapore is also pursuing other low-carbon energy sources including solar, biomethane and ammonia.

Singapore’s low-carbon electricity 2035 target is ‘aspirational’: EMA

How much of it materialising will depend on factors such as the extent of commercial demand

2026-10-12T06:59:42.000Z

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