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Month: July 2025

Posted on 02/07/2025

Key features and risks of investment products to be on one page under MAS proposals

MAS aims to enable investors to make informed investment decisions even as those who need more help can get it. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/07/2025

Stock market today: Dow, S&P 500, Nasdaq futures wobble with ADP jobs data, trade deals in focus

US stock futures wavered on Wednesday as Wall Street digested more signs of an intensifying labor market slowdown and watched for movement on trade deals and on President Trump's massive ...

Posted on 02/07/2025

Asian stocks waver, dollar frail as Trump’s tariffs, US rate path weighs

SINGAPORE: Asian stocks slipped on Wednesday (Jul 2) and the dollar languished near three-and-a-half-year lows as investors weighed the prospect of US interest rate cuts and the scramble for trade dea ...

Posted on 02/07/2025

Singapore’s Manufacturing PMI Rebounded in June as U.S. Tariff Deadline Looms

Singapore's trade-reliant economy faces challenges as tariff uncertainty continues to cloud global trade. Sweeping U.S. tariffs, including a 10% levy on Singapore, are due to kick in next week after a ...

Posted on 02/07/2025

Singapore factory activity ticks up to end two-month contraction as US tariffs loom

Despite the uptick, uncertainty prevails with a reprieve on Trump’s global tariffs set to end next week. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/07/2025

3G Capital, Singapore’s GIC seek CCI nod to acquire Skechers

Investment firm 3G Capital and Singapore's sovereign wealth fund GIC have sought approval from the Competition Commission of India (CCI) to acquire footwear and apparel company Skechers.

Posted on 02/07/2025

Singapore’s PMI rebounds to expansion territory in June amid improving regional activity

SINGAPORE] Singapore’s overall factory activity returned to expansion territory in June after two straight months of contraction, data from the Singapore Institute of Purchasing and Materials ...

Posted on 02/07/2025

Singapore’s Emerging Fintech Platform Aegis Engages in Strategic Dialogue with Sampson, Chief Advisor of the Winao Global Fund I

Following the successful global launch of the Winao Global Payment Fund I, with an impressive fund size of USD 15 billion, Singapore’s rising fintech platform AEGIS Wallet invited Sampson, Chief ...

Posted on 02/07/2025

Singapore, Cambodia solidify joint efforts in energy, climate finance, agri-trade

SINGAPORE] South-east Asian neighbours Singapore and Cambodia intend to continue advancing shared interests in renewable energy trade, high-quality carbon markets, agri-trade and in bolstering Asean ...

Posted on 02/07/2025

Property tycoon Ong Beng Seng’s guilty plea adjourned

The 79-year-old was set to plead guilty on Jul 3 but this has been changed to a pre-trial conference on Jul 8. ( read original story ...)

Posted on 02/07/2025

UOB Thailand, Frasers Property team up to help companies expand in Asean

SINGAPORE] UOB Thailand and Frasers Property Industrial Thailand have signed a strategic memorandum of understanding (MOU) on Wednesday (Jul 2) to jointly promote industrial development and support ...

Posted on 02/07/2025

DBS offers cardholder deals, rebates at over 680 retail outlets

These include partnerships with Cold Storage, CS Fresh, and 7-Eleven, amongst others. DBS Bank is offering spending privileges to its cardholders at over 680 outlets of Cold Storage, CS Fresh, Giant, ...

Posted on 02/07/2025

Singapore-Registered Company Charged Over Suspected Money Laundering Offence

The Company received over S$571,000, of which a portion was subsequently transferred to foreign bank accounts.

Posted on 02/07/2025

Park + Associates designs Singapore’s “first multi-storey 3D-printed house”

Local architecture studio Park + Associates has completed QR3D, a 3D-printed house in Singapore, which was made from layered concrete and has a sculptural void at its centre. Designed as the home of ...

Posted on 02/07/2025

Singapore bets on AI governance and manufacturing to anchor tech giants

Singapore is positioning itself as a trusted AI hub through a US$740 million five-year investment plan while leveraging political neutrality and supply chain advantages to attract global manufacturers ...

Posted on 02/07/2025

Singapore’s STI hits new high as investors are drawn to safe havens amid global risks

SINGAPORE] The Straits Times Index (STI) notched a new record of 4,011.78 points on Wednesday (Jul 2) as Singapore draws a rush of investors seeking safe havens from geopolitical risks. Read more at ...

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