SGNews
01

AllianzGI in exclusive talks to buy UOBAM

  • Allianz Global Investors in exclusive talks for UOB Asset Management
  • UOBAM has about S$36b assets across South-east Asia
  • Would expand AllianzGI's Asia distribution footprint
Sources (1) BT
  • BT Upfront — “AllianzGI in exclusive talks to buy UOB Asset Management: sources”
02

Singtel lands government co-funding for AI build

  • Government co-funds Singtel AI push and talent
  • Focus on data-centre capacity, enterprise AI services
  • Aims to create higher-value roles in Singapore
Sources (2) BTZB
  • BT Upfront — “Singtel gets funding boost from government to strengthen AI push, create high-value roles”
  • ZB News Focus — “新电信获政府资助加速培育AI人才 (Singtel receives government funding to accelerate AI talent development)”
03

URA reopens Boat Quay, Beach Road to new hotels

  • Hotel, hostel, serviced apartment ban lifted in 3 conservation belts
  • Targets aged shophouse stock in Boat Quay, Beach Road, Bras Basah
  • Broadens supply in the city core
Sources (2) BTZB
  • BT Upfront — “URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas”
  • ZB News Front Page — “美芝路等两老街区短期住宿限制放宽 (Short-term accommodation curbs eased in Beach Road and other old areas)”
04

SIA in talks for 50-plus wide-body jet order

  • SIA negotiating ~50 wide-body jets across Airbus and Boeing
  • Among the carrier's largest re-fleet rounds
  • Sets long-haul capacity beyond the Air India-Vistara reshuffle
Sources (3) STBHTM
  • ST Big Story — “Singapore Airlines in talks for major new jet order: Sources”
  • BH Front Page — “Sumber: SIA runding beli sekurang-kurangnya 50 jet besar Airbus, Boeing (Sources: SIA in talks to buy at least 50 big jets from Airbus, Boeing)”
  • TM Local News — “கூடுதல் விமானங்களை வாங்க முற்படும் சிங்கப்பூர் ஏர்லைன்ஸ் (Singapore Airlines moves to buy more aircraft)”
05

April retail sales up 5.4%; Mid-East drag flagged

  • April retail sales +5.4% y/y
  • Motor vehicles, discretionary lead gain
  • Analysts warn Mid-East conflict could weigh on later months
Sources (3) STBHZB
  • ST Front Page Business — “Uptick in S'pore retail sales extends into April”
  • BH Berita — “Jualan runcit S'pura naik 5.4% pada Apr (Singapore retail sales rise 5.4% in April)”
  • ZB News Focus — “本地4月零售销售同比增5.4% 分析：中东冲突影响或开始显现 (Singapore April retail sales up 5.4% YoY; analysts say Mid-East conflict may start to show)”
06

Anthropic urges industry-wide AI pause button

  • Amodei wants a shared deployment-pause mechanism
  • Aimed at agentic systems that act with limited oversight
  • Frames pause as a safety net, not a moratorium
Sources (2) BTZB
  • BT Upfront — “Anthropic calls for AI pause button to let humans take stock”
  • ZB News Focus — “警告AI自我进化或失控 Anthropic吁业者设"刹车" (Warning AI may self-evolve or run out of control: Anthropic urges industry to install a brake)”
07

Study links child depression to early brain differences

  • Multi-year study tracked primary-school cohort
  • Girls show more internalising symptoms; boys more behavioural
  • Findings argue for earlier, sex-tailored screening
Sources (1) ST
  • ST Big Story — “Boys and girls show different depressive symptoms tied to early brain development”
08

F&B and 50+ community sites brace for World Cup

  • Eateries stock up despite small-hours kick-offs
  • Over 50 CCs and sports centres screen matches free
  • Operators extend shifts and seating
Sources (3) STBHZB
  • ST ST Front Page — “F&B outlets expect strong turnout despite early World Cup kick-offs”
  • BH Front Page — “Bahang Piala Dunia sudah mula terasa (World Cup fever is starting to be felt)”
  • ZB News Focus — “逾50社区地点 免费看世界杯 (Over 50 community sites to screen the World Cup for free)”
09

Delivery riders get 30-min mall parking from July

  • 30-min free motorcycle parking at 12 malls from July 1
  • Eases pickup-time fines from mall operators
  • Grab, Foodpanda, Deliveroo coordinate with landlords
Sources (2) BHZB
  • BH Berita — “Penghantar makanan diberi tempoh ihsan letak kenderaan 30 minit mulai 1 Jul (Food deliverers granted 30-minute parking grace period from July 1)”
  • ZB Local News — “送餐员7月起在12商场可免费停车半小时 (Food delivery riders to get free 30-minute parking at 12 malls from July)”
10

DBS opens direct transfers to WeChat Pay wallets

  • DBS users can remit straight to WeChat Pay wallets in China
  • Supports red-packet flows and travel spend
  • Rides on existing DBS cross-border real-time rails
Sources (1) ZB
  • ZB News Front Page — “星展用户可汇款到微信钱包　使用转账领红包等功能 (DBS users can remit to WeChat wallets, with features for transfers and red packets)”

Follow-ups

Iran/Hormuz war and ceasefire

Iran ties US deal to Lebanon exit; Hezbollah rejects plan

  • Iran says no US peace deal unless Israel quits Lebanon
  • Hezbollah refuses latest US plan
  • Iran, Oman pitch joint Hormuz administration
Sources (2) STBH
  • ST Big Story — “Iran insists no peace deal with US unless Israel pulls out of Lebanon”
  • BH Dunia — “Hezbollah tolak pelan damai, rundingan Iran-AS terus buntu (Hezbollah rejects peace plan, Iran-US talks remain deadlocked)”

Russia-Ukraine war

Putin refuses Zelensky meet, opens door to Trump plan

  • Rejects Zelensky face-to-face proposal
  • Says Trump ideas could form a peace basis
  • Avoids 2036 succession question
Sources (1) ST
  • ST Big Story — “Putin keeps to hardline stance on Ukraine war, but says Trump's ideas could bring peace”

Malaysia Bersama and snap polls

New N. Sembilan ruler, Anwar Johor launch, PAS-Umno talks

  • Tunku Nadzaruddin installed as 12th YDPB of N. Sembilan
  • Anwar launches PH campaign machinery for Johor polls
  • Hadi confirms PAS-Umno meeting, stirring alliance talk
Sources (4) STBH
  • ST Front Page World News — “Negeri Sembilan faces political uncertainty with state assembly dissolved”
  • BH Malaysia — “Tunku Nadzaruddin ditabal sebagai Yang di-Pertuan Besar Negeri Sembilan ke-12 (Tunku Nadzaruddin installed as the 12th Yang di-Pertuan Besar of Negeri Sembilan)”
  • BH Malaysia — “Anwar lancar jentera PH bagi Pilihan Raya Negeri Johor pada 6 Jun (Anwar launches PH campaign machinery for the Johor state election on June 6)”
  • BH Malaysia — “Spekulasi kerjasama PAS-Umno memuncak, Hadi sahkan pertemuan parti (PAS-Umno cooperation speculation peaks as Hadi confirms party meeting)”

Indonesia under Prabowo

Sell Indonesia trade builds as Jakarta denies minister exit

  • Regional desks ramp up 'Sell Indonesia' positioning
  • Jakarta denies finance chief is quitting
  • Rupiah weakness boosts tourism, squeezes households
Sources (3) BTSTBH
  • BT Upfront — “'Sell Indonesia' sweeps trading desks as Prabowo tightens grip”
  • ST World — “Jakarta denies finance chief is quitting as markets slump”
  • BH Dunia — “Rupiah lemah tarik pelancong asing, rakyat Indonesia berjimat (Weaker rupiah pulls foreign tourists, Indonesians tighten belts)”

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