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Gold Prices Fall For Second Straight Day As US Inflation Concerns Grow

Gold prices slipped for a second consecutive session after stronger-than-expected inflation data from the United States increased expectations that interest rates could remain elevated for longer.As of this morning, spot gold fell around 0.4 per cent to approximately US$4,695.18...

Tiger Beer to Shift Production Overseas, 130 Jobs Affected as Tuas Brewery Scales Down by 2027

Singapore’s iconic beer brand is undergoing a major operational shift, with production set to move beyond local shores in the coming years. The decision is expected to impact workers while reshaping the country’s role in the regional brewing landscape.Asia...

GLOBAL GOLD PRICES SURGE ABOVE S$6,500 PER OUNCE AS INVESTORS SEEK SAFE HAVENS

Global gold prices staged a strong rebound after falling to a near one-month low, with the precious metal climbing sharply as investors reacted to political uncertainty in the United States and shifting expectations around interest rates.Spot gold jumped by...

DBS CEO TAN SU SHAN EARNS OVER S$9.6 MILLION IN FY2025 PAY PACKAGE

Singapore’s largest bank has revealed the compensation of its top executive, with DBS Group Holdings stating that chief executive officer Tan Su Shan received more than S$9.6 million in remuneration for the financial year ending Dec. 31, 2025.The figure...

SG MAN USE DEC BONUS TO BUY S$9.4K GOLD BAR, SELLS IT FOR $10.5K IN 2 MONTHS

A Singapore man has turned his year-end bonus into a short-term investment gain after buying a 50-gram gold bar for S$9,400 and selling it less than two months later for S$10,500, earning a profit of S$1,100 in the process....

Manulife S’pore Issues Record S$380 Million Life Insurance Policy To Single Client

Manulife Singapore has set a new milestone in the global insurance industry after issuing a single life insurance policy worth US$300 million — approximately S$380 million — to one client.The deal surpasses what had previously been recognised as the...

DBS Introduces 12-Hour Cooling Period Digital Banking Adding New Payee & Changing Transfer Limits

DBS Bank will roll out a new 12-hour waiting period for selected digital banking transactions as part of enhanced anti-scam measures aimed at protecting customers from unauthorised activity.The new rule will take effect on March 7 and applies to...

DBS to Give Junior Employees S$1,000 One-Off Bonus Following Resilient Performance

DBS Bank has announced a one-time cash bonus of S$1,000 for its junior employees in Singapore, a move that has been welcomed by staff amid continued cost-of-living pressures. The announcement was made on Feb. 9, with the bank highlighting...

Salesforce Cuts 4,000 Customer Service Jobs as AI Takes Over

The wave of artificial intelligence adoption has claimed another round of jobs — this time at one of the world’s biggest software firms. US-based cloud computing giant Salesforce has confirmed that it has laid off nearly half of its...

Nvidia Q2 Revenue Surpasses US$140 Billion but Shares Drop 5%

NORTH AMERICA – Nvidia, a leading AI chip manufacturer, reported strong earnings for the second quarter of its 2026 fiscal year, exceeding market expectations. However, its shares fell sharply by 5% in after-hours trading, reflecting investor caution over future...

Latest News

THAI MAN SHOT IN HEAD AFTER BEING TRICKED INTO LATE-NIGHT MEETUP WITH ‘GF’

A 34-year-old man was shot dead in Pattaya after allegedly being lured into a deadly ambush linked to a...