Daily Debrief: What Happened Today (May 13)

Published Wed, May 13, 2026 · 06:30 PM
    • The Iran crisis has shown how disruptions can cascade through the global economy, affecting energy markets and shipping routes, among others, says DPM Gan.
    • The Iran crisis has shown how disruptions can cascade through the global economy, affecting energy markets and shipping routes, among others, says DPM Gan. PHOTO: YEN MENG JIIN, BT

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    Singapore life insurers pay out over S$5 billion in Q1, the highest for quarter since 2021

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    [SINGAPORE] The local life insurance industry paid out S$5.08 billion in claims and maturity payouts to individuals and families in Singapore in the first quarter of 2026, marking the highest Q1 payout since 2021.


    Elon Musk, Jensen Huang, Tim Cook: Who’s in Trump’s US$1 trillion CEO delegation to China

    [SINGAPORE] US President Donald Trump is in China this week – the first visit by a US president in nearly a decade – and his delegation includes CEOs of major American companies.


    These little-known SGX tech stocks are beating the market. What’s driving them up? 

    [SINGAPORE] Investors have been piling into little-known Singapore-listed tech micro-caps worth as little as S$50 million, sending some counters soaring to multi-year highs in recent weeks.


    South-east Asia’s e-commerce market to hit nearly US$290 billion by 2029: study

    [SINGAPORE] South-east Asia’s e-commerce market is set to reach US$289.8 billion by 2029, a study commissioned by payments platform 2C2P by Antom has found.

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