Singapore's Q2 GDP growth cooled to 5.7% year-on-year, easing from 6.3% in Q1, as the Iran war disrupted energy supplies and weighed on construction and wholesale trade. Manufacturing was the standout, surging 12.2% on AI-fuelled demand for semiconductors and precision engineering.
DBS became the first Singapore-listed stock to cross $200 billion in market cap, with shares closing at $70.79, as the three local banks lifted the STI to a fresh record of 5,470.34 points....
