Elon Musk appeared to push back on the valuation target of US$2 trillion in an April 3 X post, saying “don’t believe everything you read”.
SGX seeks greater sector diversity in IPOs; aims to attract more AI firms
Diversity in investors and EQDP fund managers are also critical, say MAS and JP Morgan Asset Management Read more at The Business Times.
OCBC aims to support 12,000 SMEs with sustainable financing by 2028
The bank has supported 5,000 SMEs in sustainable financing as of end-2025. Read more at straitstimes.com. Read more at straitstimes.com.
OCBC ups ante on SME sustainability with S$25 billion financing target
Head of global commercial banking notes that this is the first time a bank in Asia has set a dedicated sustainable finance target for the SME segment Read more at The Business Times.
Microsoft to invest $5.5bn in Singapore, boosting AI skills and workforce readiness
Microsoft is injecting $5.5 billion into Singapore by 2029, bolstering AI infrastructure and workforce readiness. Over 200,000 students will gain free AI tools, while educators and non-profit leaders ...
Singapore equities can weather the LNG storm
Global uncertainty is also driving capital reallocation, and the city-state stands to benefit Read more at The Business Times.
AirTrunk hires banks for Singapore listing that could raise over $1.3 billion, sources say
AirTrunk has three data centres in Singapore – two of which are under development. Read more at straitstimes.com. Read more at straitstimes.com.
Why Asia’s IPO Markets Saw Brisk Growth In Q1 2026
Asia’s IPO markets surged in Q1 2026, led by Hong Kong’s rebound, resilient India filings, and Singapore’s REIT-driven revival—plus the geopolitical risks investors are watching.
Analysts split on Singapore’s banking sector outlook even as safe-haven status remains ‘intact’
The Middle East conflict and closure of the Strait of Hormuz continue to cloud the road ahead Read more at The Business Times.
Barclays Private Bank Singapore Head Tan to Join Schroders
Barclays Plc’s head of private bank in Singapore is leaving the firm just as it prepares to make a full return to the business in the city-state this year.
Inaugural OCBC-Great Eastern Pickleball Open to be held in October
Close to 1,600 participants are expected, with 2 categories - novice and open - open to the public. Read more at straitstimes.com. Read more at straitstimes.com.
Microsoft to Invest US$5.5 Billion in Singapore’s Cloud, AI Infrastructure
Microsoft plans to invest US$5.5 billion in Singapore through 2029 to expand cloud and AI infrastructure and related operations.
JP Morgan downgrades OCBC, lowers DBS’s price target and raises SGX’s price target
JP Morgan downgrades OCBC to underweight and reduces price target to $20.50, but raises SGX's price target to $22. DBS's price target is reduced to $63 from $70.
Singapore IPO players on the fence as they await resolution of Middle East war
Glenn Thum, research manager at Phillip Securities Research, said: “While outperformers like Soon Hock and The Assembly Place have been rewarded for exceptional earnings execution and asset-light, ...
SpaceX’s IPO may hold lessons for Singapore
When companies go public, their founders and managers should communicate a big vision rather than a plan to just deliver incremental gains Read more at The Business Times.
Is It Too Late To Consider UOB-Kay Hian Holdings (SGX:U10) After Its Strong Share Price Run?
Considering whether UOB-Kay Hian Holdings at S$3.44 still offers value after a strong run, or if most of the opportunity is already reflected in the price. The stock shows a mixed recent pattern, with ...