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South Korean KOSPI hits all-time high on AI-driven chipmaker rally

The Quick Take * South Korean KOSPI index reached a record all-time high, led by AI-driven gains in chipmakers * Samsung Electronics and SK Hynix were cited as the primary drivers of the rally in South Korean shares * The rally is linked to sustained global AI investment momentum boosting memory and semiconductor demand * Further upside likely contingent on continued AI capex from US hyperscalers and HBM chip order flows * As a key Asian tech bellwether, KOSPI's record signals positive spi

May 14, 2026Read story →

Singapore📈 Markets

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Two Singaporeans Killed in Ferrari Crash in Johor, Malaysia

The Quick Take * Two Singaporeans — a 34-year-old male driver and 33-year-old female passenger — died in a Ferrari crash in Johor, Malaysia * No direct market reaction reported; incident is a human tragedy with no immediate financial data attached * No analyst or institutional response cited; story is a breaking news/human-interest report with no market commentary * Authorities likely to investigate the accident; no forward-looking market or policy signals identified * Incident highlights

May 13, 2026Read story →

Singapore🏛️ Economy & Policy

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Malaysia eyes targeted fuel subsidy cuts for high-income earners amid RM6bn/month cost

The Quick Take * Malaysia reportedly spending up to RM6 billion monthly to maintain fuel subsidies amid surging energy costs * Government weighing targeted cuts aimed at higher-income groups to reduce fiscal burden — no market reaction data available * No analyst or institutional response cited; policy still under deliberation as of May 2026 * If implemented, subsidy rationalisation would reduce government expenditure and potentially widen pump-price gaps by income tier * Similar subsidy r

May 10, 2026Read story →

Singapore🛢️ Commodities

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Asian stocks hit record high as US-Iran peace deal hopes sink oil 8%

The Quick Take * Oil prices slid nearly 8% on Wednesday amid hopes of a deal to end the US-Iran conflict that began late February * Asian stocks climbed to a record high, buoyed by geopolitical de-escalation optimism * The US dollar wobbled, reflecting uncertainty over the macro implications of a potential peace deal * A formal US-Iran agreement, if confirmed, could structurally reprice energy markets and risk appetite globally * Asia-Pacific equity markets, including Japan's Nikkei, were

May 10, 2026Read story →

Singapore💼 Earnings

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Nikkei 225 hits all-time high of 61,523 on earnings strength and Mideast hopes

The Quick Take * Nikkei 225 surged 3.38% to a record 61,523.36 in early trading on 7 May 2026 * Rally driven by strong corporate earnings season and optimism over Middle East developments * No specific analyst or institutional commentary cited; sentiment inferred from dual-source coverage * Sustained break above 61,000 sets stage for further technical upside if catalysts persist * A surging Nikkei signals risk-on appetite across Asia; Singapore, South Korea and India markets may follow Sy

Singapore — Top Stories

South Korean KOSPI hits all-time high on AI-driven chipmaker rally

Magnitude-5.6 Earthquake Strikes Taiwan Region, GFZ Reports

Hong Kong bans public vaping, signals broader tobacco restrictions ahead

US Courts Philippines Amid Southeast Asia Trade & Geopolitical Tensions

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Veteran Indian film producer RB Choudary dies in car crash at 89

China railway sets single-day passenger record on May Day holiday

Japan PM Takaichi Meets Vietnam Leaders in Hanoi to Revive Investment Ties

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China universities attract surge in foreign students from Asia and Africa

Myanmar's Aung San Suu Kyi to be transferred to house arrest

Singapore-Malaysia cross-border taxi rules revamped from May 4, Grab launches new option

IMF urges Asia to deepen intra-regional trade to buffer global shocks

India Generics Slash GLP-1 Weight Loss Drug Costs by Up to 70%

Teen smuggles 30 tortoises under clothes at Thai airport

Myanmar commutes Aung San Suu Kyi's sentence; now faces 18+ years in jail

Bali's Largest Landfill Closes to Organic Waste, Triggering Rubbish Crisis

Malaysia appoints ex-judge as anti-graft agency chief amid reform debate

Singapore FM urges EU-ASEAN to double down on multilateralism amid trade fractures

UAE exits OPEC in landmark move that could reshape global oil markets

Indonesia loans Komodo dragon pair to Japan zoo in 'dragon diplomacy' gesture

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Thailand's ex-PM Thaksin Shinawatra to be released from prison in May

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Japan PM Takaichi Meets Vietnam Leaders in Hanoi to Revive Investment Ties

US Courts Philippines Amid Southeast Asia Trade & Geopolitical Tensions

China universities attract surge in foreign students from Asia and Africa

Singapore FM urges EU-ASEAN to double down on multilateralism amid trade fractures

Indonesia loans Komodo dragon pair to Japan zoo in 'dragon diplomacy' gesture

Humanoid Robots Trial at Haneda Airport Signals Aviation Automation Shift

Economic Calendar

Crypto Markets

DeFi Development Pitches Solana as Corporate Treasury Asset in 'Speedboat' Strategy

Bitcoin Pauses Near $78K as US Retail Adoption Surges and Strategy Eyes Sales

THORChain Suspends All Trading After May 15 Multichain Exploit

Bitcoin ETFs Near $1B Two-Day Inflow as BTC Pushes Back Above $80K

Crypto

DeFi Development Pitches Solana as Corporate Treasury Asset in 'Speedboat' Strategy

Bitcoin Pauses Near $78K as US Retail Adoption Surges and Strategy Eyes Sales

THORChain Suspends All Trading After May 15 Multichain Exploit

Forex

Gold Rallies as Dollar and Oil Tumble on US-Iran Peace Deal Hopes

ECB's Kocher Says Rate Hikes Should Not Be Delayed If Energy Prices Fail to Improve

AUD/USD surges toward 0.7260 as commodity demand rises; US CPI eyed

Coeur Mining Q1 2026 Earnings Presentation Published on NYSE:CDE

Commodities

US Shale M&A Hits $38 Billion in Q1 2026, Two-Year High, as Higher-for-Longer Oil Drives Consolidation Wave

Crude Oil Surges on Prolonged Global Supply Disruption Fears

Pakistan Issues Emergency LNG Tender as Power Crisis Deepens Amid Middle East Supply Disruptions

Crude Oil Surges 3%, Constellation Energy Beats Earnings; Nasdaq Edges Up

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