Singapore · Business
Same event, multiple sources, transparently cited.
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Japan approves ¥3.1 trillion supplementary budget to ease rising fuel and energy costs
Japan's cabinet approved a ¥3.1 trillion budget on June 3 to subsidize soaring gasoline and utility prices amid Middle East crisis.
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DBS and OCBC reach record highs, leading Singapore's Straits Times Index gains
DBS and OCBC shares hit fresh record highs on June 2 and 3, driving gains in Singapore’s Straits Times Index before declines on June 5.
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Andrew Left convicted of securities fraud for stock manipulation via social media
Andrew Left, founder of Citron Research, was found guilty of securities fraud for using social media to manipulate stock prices and profit.
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Japan Faces Banana Shortage as Ethylene Supply Drops Amid Middle East Conflict
Japan is experiencing a banana shortage due to a disruption in ethylene supplies caused by a Strait of Hormuz closure reducing naphtha availability.
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SK Hynix to Double Memory Chip Wafer Capacity Over Five Years to Meet AI Demand
SK Hynix plans to double its memory chip wafer capacity by 2031 to address a global AI-driven shortage expected to last until 2030.
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Blackstone Raises $13.1 Billion, Largest Asia Private Equity Fund to Date
Blackstone closed its Asia private equity fund at $13.1 billion, surpassing its $10 billion target and doubling its previous fund size.
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Australia to raise minimum wage 4.75% from July 1, affecting nearly 3 million workers
Australia’s Fair Work Commission approved a 4.75% minimum wage increase starting July 1, 2026, impacting 2.8 to 3 million workers nationwide.
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68-year-old man dies after falling onto track at Segar LRT station, Bukit Panjang LRT disrupted
A 68-year-old man died after falling onto the track at Segar LRT station, causing suspension of Bukit Panjang LRT services on May 18, 2026.
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Global smartphone shipments to fall 13.9% in 2026 amid worsening chip shortage
Counterpoint Research projects a 13.9% decline in global smartphone shipments in 2026 to 1.08 billion units due to memory chip shortages.
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SoftBank surpasses Toyota as Japan's top company; Kioxia briefly takes second place
SoftBank's shares jumped June 1 to push its market value past Toyota's for the first time in over 20 years, while Kioxia briefly claimed second place on June 3.
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DBS to open 18 new wealth centres and upgrade 36 across Asia-Pacific by 2027
DBS Group Holdings announced plans to open 18 new and upgrade 36 existing wealth centres across Asia-Pacific by end of 2027.
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Oil prices jump up to 5% after Israel expands Lebanon incursion amid US-Iran ceasefire uncertainty
Oil prices rose sharply on June 1 after Israel expanded military operations in Lebanon and US-Iran ceasefire talks faced setbacks.
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Explosion at Hanwha Aerospace factory in South Korea kills 5, injures 2
An explosion at Hanwha Aerospace's Daejeon factory on June 1 killed five and injured two workers.
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Keppel ends M1 stake sale as IMDA halts regulatory review; Singapore firms report updates
Keppel terminated its planned sale of M1 after IMDA paused the merger review, while Singapore firms disclosed multiple corporate and financial updates.
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Prudential to acquire 75% stake in Bharti Life Insurance for 35 billion rupees
Prudential agreed to buy a 75% stake in Bharti Life Insurance for 35 billion rupees, with Bharti Enterprises retaining 25%.
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Bukit Panjang LRT service suspended between Senja and Petir/Bukit Panjang after track intrusion
LRT train services on Bukit Panjang line between Senja and Petir or Bukit Panjang stations were suspended May 18 after a man trespassed on the tracks near Segar station.
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Family business leaders face challenges translating roles for corporate careers in Singapore
Leaders moving from family businesses to corporate jobs must reframe experience to meet market-driven hiring standards in Singapore.
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Buyer loses Toyota Vellfire to finance company after dealer liquidation, incurs S$100,000 legal costs
Mr Wang Bingxin lost a used Toyota Vellfire to a finance firm after his dealer's liquidation and spent S$100,000 fighting for ownership.
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23-year-old construction worker dies after concrete slab falls at Turf Club Road MRT site
A 23-year-old banksman died May 14 after a concrete slab struck him at the Cross Island MRT Line worksite on Turf Club Road.
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Hudson Place Residences sells about 61% of units on launch weekend in Singapore
Hudson Place Residences sold around 61% of its 327 units during its May 16-17 launch weekend in Singapore.
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Xiaohongshu and Singapore Tourism Board partner to boost interest-driven Chinese travel
Xiaohongshu and Singapore Tourism Board signed an MoU and held a forum to tap rising Chinese interest-driven outbound travel trends.
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Singapore’s Leong Guan completes three-year IPO after initial three-month decision
Singaporean noodlemaker Leong Guan finished its IPO listing process after three years following a three-month decision period.
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Singapore opens first EV fast-charging hub in HDB carpark at Tengah
Singapore launched its first electric vehicle fast-charging hub inside an HDB carpark at Tengah on May 16, 2026.
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Singapore condos face monthly MCST forced-sale bids over unpaid fees
MCSTs in Singapore have issued at least one forced-sale notice each month over unpaid condo fees in the past year.