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Great Eastern’s big rally – activist investors can be crucial part of market ecosystem
Great Eastern’s big rally – activist investors can be crucial part of market ecosystem
MAS and SGX should seek to make responsible shareholder activism more culturally acceptable in the local market[SINGAPORE] Some shareholders of Great Eastern (GEH) who resisted OCBC’s attempt to fully acquire...
Lion Global Investors accumulates shares in Valuetronics and iX Biopharma
Lion Global Investors accumulates shares in Valuetronics and iX Biopharma
[SINGAPORE] Over the five sessions, more than 50 director interests and substantial shareholdings were filed for close to 30 primary-listed stocks.Directors or chief executives reported four acquisitions and no disposals,...
‘Not an easy company to understand’: Frencken wants to be known for more than semiconductors
‘Not an easy company to understand’: Frencken wants to be known for more than semiconductors
The company’s president says its edge comes from engineering capabilities with applications across industries[SINGAPORE] What do smartphones, luxury cars and operating theatres have in common? More than most people realise.Mainboard-listed...
Another bot from a top AI company escapes and hacks multiple firms
Another leading artificial intelligence company unveiled details of its cutting-edge bot apparently going rogue. On Thursday, Anthropic said an internal investigation found that its Claude AI models gained unauthorized internet...
With Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again
With Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again
The billionaire investor has a habit of identifying opportunities and showing up with a cheque bookPublished Sat, Aug 1, 2026 · 01:07 PM[NEW YORK] When rival hedge funds face catastrophic...
New York City spared downgrade by Fitch and Moody’s, for now
New York City spared downgrade by Fitch and Moody’s, for now
Published Sat, Aug 1, 2026 · 10:13 AM[NEW YORK] New York City avoided a debt downgrade on Friday (Jul 31) by two major credit-rating companies, though both warned the city...
Oil prices settle more than 1% higher, log strongest month since March
Oil prices settle more than 1% higher, log strongest month since March
Brent futures settle 1.2% higher at US$90.12 a barrel, while US West Texas Intermediate futures close up 1.3% at US$84.67 a barrelPublished Sat, Aug 1, 2026 · 09:58 AM[NEW YORK]...
OUE to book H1 FY2026 net loss on associate losses, impairment charge
OUE to book H1 FY2026 net loss on associate losses, impairment charge
It owns 29.07% of an investee company which has been hit by the slowdown of the property market in China[SINGAPORE] OUE is expected to book a net loss for the...
Chevron records highest quarterly profit in six years, beating analyst estimates
Chevron records highest quarterly profit in six years, beating analyst estimates
Published Fri, Jul 31, 2026 · 10:01 PM[HOUSTON] Chevron surpassed analyst estimates for second-quarter earnings on Friday (Jul 31), reporting its highest quarterly profit in at least six years as...
Lion Global Investors accumulates shares in Valuetronics and iX Biopharma
Newly listed Kin Global to book H1 net loss on one-off listing expenses, delayed project awards
[SINGAPORE] Sports events manager Kin Global is expected to post a net loss for the first-half ended Jun 30, reversing from a net profit in the year-ago period.The company, which...
StanChart to transfer part of credit card, personal loan clients to Trust Bank
StanChart to transfer part of credit card, personal loan clients to Trust Bank
Trust will scale its digital banking platform, while StanChart will invest in wealth capabilities[SINGAPORE] Standard Chartered will be transferring part of its credit card and personal loan clients to Trust...
BP to cut 700 jobs as it simplifies company, internal email shows
BP to cut 700 jobs as it simplifies company, internal email shows
BP wants to simplify its operations to reduce debt, boost profit and refocus on its oil and gas businessesPublished Thu, Jul 30, 2026 · 10:19 PM[LONDON] BP plans to cut...