SGNews
01

Temasek portfolio hits record $518b

  • Net value up 10% to $518b in FY ended March, adding $49b
  • 20-year shareholder return of 6.8%
  • AI investments to rise from 6% to as much as 15% of portfolio by 2031
Sources (6) STBTZBBHTM
  • ST Front Page — “Temasek portfolio value grows $49b to record $518b”
  • ST Big Story — “Temasek to grow AI investments to 15% of its portfolio by 2031”
  • BT Top Stories — “Temasek's blue-chip portfolio drives value to record S$518b”
  • ZB Front Page — “淡马锡投资组合净值增至5180亿元新高 (Temasek portfolio value rises to a record $518 billion)”
  • BH Economy — “Nilai portfolio Temasek naik $49b capai rekod tertinggi $518b (Temasek portfolio value rises $49b to a record high of $518b)”
  • TM Front Page — “முதலீட்டு மதிப்பு $518 பில்லியனாக உயர்வு (Investment value rises to $518 billion)”
02

Cat A COE hits record $129,000

  • Category A premium at all-time high of $129,000
  • Prices up across all COE categories
  • Three-week gap between bidding rounds let orders pile up
Sources (4) STBTZBTM
  • ST Big Story — “Cat A hits record $129,000 as COE prices rise across the board”
  • BT Top Stories — “Changes to EV incentives, uncertainty over COE framework drive Category A premium to a new high”
  • ZB Front Page — “A组拥车证成价达12万9000元历来最高 (Category A COE premium reaches a record $129,000)”
  • TM Local News — “சிறிய கார்களுக்கான சிஓஇ கட்டணம் புதிய உச்சம் (COE premium for smaller cars at a new high)”
03

China mulls limiting exports of top AI models

  • Ministry of Commerce met Alibaba, ByteDance, Z.ai over the past month
  • Curbs would cover closed and open models, including unreleased ones
  • Leak or theft of AI tech could become a national-security offence
Sources (1) ST
  • ST World — “Beijing looking at curbing overseas access to China's top AI models”
04

MOH probes nursing home founder over non-disclosure

  • Chia Yang Pong allegedly did not disclose past disciplinary action in licence bid
  • Deemed a key appointment holder as a director of LC Nursing Home
  • Struck off medical register in 2004 over improper sleeping-pill prescriptions
Sources (1) ST
  • ST Front Page Singapore — “Nursing home founder facing non-disclosure probe: MOH”
05

Singapore's renewable power up 6x in a decade

  • Renewable generation now more than six times the level of 10 years ago
  • Solar is the main driver in land-scarce Singapore
  • Asia's renewable capacity overtook fossil fuels for the first time last year
Sources (2) ZB
  • ZB Front Page — “我国可再生能源发电量10年增长逾五倍 (Singapore's renewable energy generation has grown more than fivefold in 10 years)”
  • ZB News Focus — “亚洲可再生能源发电容量 去年增22%首超化石燃料 (Asia's renewable capacity grew 22% last year, overtaking fossil fuels for the first time)”
06

WP names new CEC, co-opts two MPs

  • Foo Cexiang appointed treasurer
  • MPs Fadli Fawzi and Andre Low co-opted onto CEC
  • Party casts the line-up as readying for the next phase
Sources (4) STZBBHTM
  • ST Big Story — “WP announces appointments for its top leadership body, co-opts MPs Fadli Fawzi, Andre Low”
  • ZB Local News — “工人党公布新中委名单 张文杰任财政 (Workers' Party announces new CEC line-up, Foo Cexiang as treasurer)”
  • BH News — “Fadli Fawzi, Andre Low sertai CEC WP (Fadli Fawzi, Andre Low join WP's CEC)”
  • TM Local News — “பாட்டாளிக் கட்சியின் புதிய மத்திய செயற்குழு (Workers' Party's new central executive committee)”
07

Infant care teacher jailed 14 months for abuse

  • Force-fed milk to a crying one-year-old until she vomited
  • Hit the toddler several times; two other children also abused
  • Sentenced to 14 months' jail
Sources (3) STZBTM
  • ST Singapore — “Ex-infant care teacher gets 14 months' jail for force-feeding toddler milk”
  • ZB Local News — “前幼儿园教师虐婴罪成监14个月 (Former preschool teacher jailed 14 months for abusing an infant)”
  • TM Local News — “பாலர்பள்ளி முன்னாள் ஆசிரியருக்குச் சிறை (Former preschool teacher jailed)”
08

NATO reaffirms unity at Ankara as Trump softens

  • Leaders reaffirm 'ironclad' Article 5 mutual-defence commitment
  • Trump berates allies over Iran, then calls the meeting full of 'love'
  • Allies unveil at least US$50b in arms-procurement plans
Sources (3) STZBBH
  • ST World — “Trump slams allies, then tempers fury to end NATO talks on high note”
  • ZB News Focus — “北约公布近650亿元军购 特朗普仍不满再抱怨 (NATO unveils nearly S$65b in arms purchases, but Trump still complains)”
  • BH World — “Trump, pemimpin Nato berdepan rundingan getir di Turkey (Trump and NATO leaders face tough talks in Turkey)”
09

China floods and landslides kill at least 38

  • Dam breach and landslides across several provinces
  • More than 20 killed in a single Gansu landslide
  • Rescuers still searching for survivors amid Typhoon Maysak rains
Sources (4) STZBBHTM
  • ST World — “China searches for storm survivors as extreme weather wreaks havoc”
  • ZB China News — “中国多地爆发洪涝山体滑坡等灾情 至少38人遇难 (Floods and landslides hit many parts of China, at least 38 dead)”
  • BH World — “Empangan pecah, tanah runtuh: Taufan Maysak ragut 38 nyawa di China (Dam breach, landslides: Typhoon Maysak claims 38 lives in China)”
  • TM World News — “சீனா: புயலில் பலர் மரணம் (China: many die in storm)”
10

More low-income students reaching university

  • Entry to public university by age 24 for bottom-20% households up from 15% to 23%
  • Measured over the past decade
  • Cited by Education Minister Desmond Lee as social mobility holding up
Sources (1) ZB
  • ZB Local News — “来自社会经济底层家庭学生 24岁前升公立大学比率提高 (University-entry rate before age 24 rises for students from the lowest socioeconomic families)”

Follow-ups

Iran/Hormuz war and ceasefire

Trump says Iran ceasefire 'over'; oil jumps

  • Three tankers struck in the Strait of Hormuz; overnight US-Iran fighting
  • Oil up more than 6% after Trump's remarks
  • Khamenei buried in Mashhad, over four months after his death
Sources (4) STZBBH
  • ST Front Page — “Trump says Iran ceasefire over amid renewed fighting”
  • ST Front Page Business — “Oil prices soar over 6% after Trump says US ceasefire with Iran is 'over'”
  • ZB World News — “后哈梅内伊时代 伊朗会分权还是分裂？ (The post-Khamenei era: will Iran share power or splinter?)”
  • BH World — “Pengebumian Khamenei selepas empat bulan cetus tanda tanya (Khamenei's burial after four months raises questions)”

World Cup 2026

Argentina fight back; Switzerland reach last 8

  • Argentina beat Egypt 3-2 after trailing by two; Messi through in tears
  • Switzerland edge Colombia on penalties, equalling their best run
  • Egypt's coach alleges a 'rigged' match; six of eight quarter-finalists European
Sources (4) STZBBH
  • ST Front Page Sport — “Messi not ready for end”
  • ST Sport — “Super subs add up for Switzerland's shoot-out win”
  • ZB Sports — “两球落后逆转胜埃及 阿根廷惊险闯入八强 (Down two goals, Argentina stage a comeback to reach the last eight)”
  • BH Front Page Sport — “Switzerland singkir Colombia untuk cabar Argentina di suku akhir (Switzerland knock out Colombia to face Argentina in the quarters)”

Malaysia Bersama and snap polls

Muhyiddin: PN may not form Johor government

  • Bersatu chief concedes PN may fall short before July 11 vote
  • Extra immigration lanes opened for returning voters
  • Hundreds of thousands travelling home from across Malaysia and Singapore
Sources (3) STZBTM
  • ST Front Page World News — “Muhyiddin admits PN may not be able to form Johor state government”
  • ZB News Focus — “马国增通关柜台疏导交通 应对柔州投票日返乡人潮 (Malaysia adds immigration counters to ease traffic as Johor voters head home)”
  • TM World News — “தேர்தலுக்காக 300,000 பேர் ஜோகூருக்குச் செல்லக்கூடும் (Some 300,000 people may travel to Johor to vote)”

Gaza governance

Gaza's future murky after Hamas hands over rule

  • Hamas dissolved its governing body, passing administration to a committee
  • Experts say the question of Hamas's weapons is still unresolved
  • Belgium considering recognising a Palestinian state
Sources (2) STBH
  • ST World — “Uncertainty reigns as Hamas dissolves Gaza governing body”
  • BH World — “Gaza masih berdepan ketidaktentuan meski Hamas bubar pentadbiran (Gaza still faces uncertainty despite Hamas dissolving its administration)”

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