News

Daily Markets Briefing: STI down 1.89%; Top stock is Wilmar International

Wilmar International is the top stock with a 1.15% increase.

River Modern sells 90% at launch, tops 2026 market

Three-bedroom units drove the launch success.

Frasers Property names Tony Lombardo as new Group COO

He will oversee capital strategy and deployment.

STI falls 2.7% to 4,717.20 as global oil prices surge

The index remains below its 52-week high of 5,041.33.

MAS reviews CG Code to emphasise boards’ role in market valuations

The review will consider improvements in board effectiveness and risk management.

SIA and Scoot cancel Middle East flights on continued Gulf tensions

Passengers may choose to rebook on alternative flights or claim a full refund.

AJJ Medtech hits $8m order book with $3m green supply deal

The four-year contract for biodegradable consumables will cut 600 tonnes of carbon annually.

Ministry of Law sets GenAI guidelines for legal sector

The framework applies to lawyers, students, and tech developers.

Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake

Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.

Singapore women in finance show stronger entrepreneurial aspirations, up to 42%

Generation Z and Millennials lead rise in entrepreneurial ambitions.

SGD gains 1.3% annually against MYR from 2020 to 2025, says Alvin Tan

He confirms the currency has been steadily rising since 2021.

Singapore shippers face policy cancellations as Iran conflict escalate

Hull and Machinery coverage faces cancellations with reinstatements costing more.

Gas supply remains secure with no near-term disruptions: Sembcorp

The group confirms the Fujairah F1 plant in the UAE is undamaged.

GuocoLand sells 90% of River Modern units as local buyers dominate

Units averaged $3,266 psf, with the highest transaction reaching $3,693 psf.