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Stock market

UltraGreen.ai share-price plunge poses early test for SGX’s push for a wider variety of IPOs

(From left) UltraGreen.ai chief operating officer Declan Cassells, chairman Kwa Chong Seng, chief executive officer Ravinder Sajwan and chief financial officer Eamon Lynch. It is SGX’s largest non-real estate investment trust listing in eight years.
(From left) UltraGreen.ai chief operating officer Declan Cassells, chairman Kwa Chong Seng, chief executive officer Ravinder Sajwan and chief financial officer Eamon Lynch. It is SGX’s largest non-real estate investment trust listing in eight years.

Shares skid in Asia as oil climbs, yields stay high

The Kospi Index – a barometer for artificial intelligence investments – dropped 1.6 per cent.
The Kospi Index – a barometer for artificial intelligence investments – dropped 1.6 per cent.

CEO Insights

Investing is risky, but staying out of the market is a sure way to lose money to inflation: Syfe CEO

Syfe CEO Dhruv Arora sees an opportunity to close the gap between savings and investing by making invested cash instantly accessible.
Syfe CEO Dhruv Arora sees an opportunity to close the gap between savings and investing by making invested cash instantly accessible.

Most Asian stocks advance as attention turns to US Fed chief Kevin Warsh’s speech

Traders are hoping US Federal Reserve boss Kevin Warsh’s speech at the annual meeting of central bankers and economic leaders will give them an insight into decision-makers’ thinking.
Traders are hoping US Federal Reserve boss Kevin Warsh’s speech at the annual meeting of central bankers and economic leaders will give them an insight into decision-makers’ thinking.

Temu-owner PDD revenue misses estimates, profit falls on ‘intense’ China competition

PDD competes with Alibaba’s Taobao and Tmall, JD.com and ByteDance-owned Douyin.
PDD competes with Alibaba’s Taobao and Tmall, JD.com and ByteDance-owned Douyin.

Alibaba shares slide after $13b AI share sale offered at sharp discount

Alibaba’s shares fell as much as 10 per cent to HK$110.10 in early Hong Kong trade.
Alibaba’s shares fell as much as 10 per cent to HK$110.10 in early Hong Kong trade.

Shares, oil slip awaiting US details of Iran sanctions

Market participants are hoping for some clarity on the outlook for US interest rates when Federal Reserve Chairman Kevin Warsh speaks on Aug 28.
Market participants are hoping for some clarity on the outlook for US interest rates when Federal Reserve Chairman Kevin Warsh speaks on Aug 28.

SGX seeks to shake off ‘boring’ image, draw more young investors as trading hits 12-year high

SGX head of capital market development Chan Kum Kong (left) and SGX director of capital market development Emelia Tan.
SGX head of capital market development Chan Kum Kong (left) and SGX director of capital market development Emelia Tan.

Asian markets extend rally as traders assess US Treasuries pledge

Asia enjoyed another healthy day, with tech-rich Seoul helped higher by a rally in chipmakers.
Asia enjoyed another healthy day, with tech-rich Seoul helped higher by a rally in chipmakers.

Shein postpones Hong Kong debut to September, SCMP reports

Online retailer Shein is best known for selling US$5 dresses and US$10 jeans to shoppers in about 160 countries.
Online retailer Shein is best known for selling US$5 dresses and US$10 jeans to shoppers in about 160 countries.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.