News

Rampant scams cost Singapore $734m in fraud losses in 2025, report says

A new global audit report found $17.75b in total illicit activity, driven by organised crime and drug trafficking.

Prudential launches life plan covering 182 conditions

Product targets critical illness income gaps.

CPF keeps Q2 interest rates unchanged at floor levels

Ordinary Account stays at 2.5%; Special, MediSave, and Retirement Accounts at 4%.

Daily Markets Briefing: STI up 0.07%; Top stock is DFI Retail Group

DFI Retail Group is the top stock with a 9.20% increase.

HSA to expand role in accelerating biomedical sector growth: Ong Ye Kung

The authority plans to strengthen its position as a global reference regulator.

SGX to launch India and ASEAN bond futures amidst market volatility

The contracts will range from three- to 10-year maturities per country.

SIAEC wins $23.86m bid for 30% stake in China’s Arport AME

SIA Engineering will expand into Fujian to provide line and base maintenance at four airports.

Airwallex Singapore revenue surges 107% in FY2025

Transaction volume rose 93% over the same period.

ComfortDelGro clinches $38m site for $200m AI driving hub

The 30-year Choa Chu Kang project will replace the Bukit Batok Driving Centre with instructor-less training by 2030.

NIO posts $51m Q4 net profit, reversing prior year loss

The company delivered 124,807 vehicles, generating $55.4b revenue in Q4.

Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash

CEO Ren Letian is separately buying a 5% stake through his private investment vehicle.

Moomoo opens Bugis branch to back SGX Value Unlock program

The company’s third store and Moo Academy to guide retail traders on Singapore-listed firms.

Jardine Matheson swings to $1.41b net profit in 2025

This reverses a previous net loss of $594m (US$468m).