Daily Debrief: What Happened Today (May 14)

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US-CHINA summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude

[BEIJING] China’s President Xi Jinping on Thursday (May 14) hailed a “new positioning” of bilateral ties with the US after his summit with President Donald Trump, according to Chinese state broadcaster CCTV.

SIA staff gets lower bonus at 5.7 months for FY2026

[SINGAPORE] Singapore Airlines (SIA) is rewarding eligible employees with a profit-sharing bonus of 5.7 months for FY2026, The Business Times understands.

Strait of Hormuz, prospects for US firms: 5 takeaways from Day 1 of Trump-Xi summit

[SINGAPORE] US President Donald Trump began the first American state visit to China in nine years on Thursday (May 14), having arrived the previous night with top CEOs and executives.

Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project

[SINGAPORE] A key mixed-use project in Dili, with a US$700 million first phase, has been axed by the Timor-Leste government over what it said was a lack of progress after 18 years.

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Daily Debrief: What Happened Today (May 13)

SingPost ends 5.3% down after H2 earnings dive

[SINGAPORE] Shares of Singapore Post (SingPost) fell on Thursday (May 14) after the national postal service provider reported a sharp drop in net profit for its second half.

Genting Singapore: Analysts lower targets, downgrade ratings as Q1 profit misses expectations

[SINGAPORE] DBS Group Research downgraded Genting Singapore : G13 -3.23% to “hold” on Wednesday (May 13) and decreased its target price on the stock to S$0.67, in the wake of the company’s “disappointing” first-quarter results.