Singapore's Q2 GDP grew 5.7% year-on-year, easing from 6.3% in Q1, as the Iran-Hormuz conflict tempered an otherwise blistering AI-driven manufacturing expansion. Manufacturing surged 12.2% — its fastest pace in years — powered by semiconductor and precision engineering demand, but construction halved to 6.2% and wholesale trade slowed sharply.
DBS became the first Singapore-listed stock to cross $200 billion in market capitalisation, lifting the STI to a fresh...
