Today: 27 May 2026

Keppel Ltd stock price rises as Australia $10 billion AI data centre plan takes shape

Keppel Ltd stock price rises as Australia $10 billion AI data centre plan takes shape

Keppel shares rose 1.4% to S$10.88 in Singapore afternoon trading Thursday, following news of a planned 720MW, $10 billion data centre project near Morwell, Australia. The company secured rights to a 123-hectare site last week and is in talks with major cloud providers. Local officials support the project but flagged planning and water concerns. Keppel’s full-year earnings report is due February 5.
22 January 2026
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City Developments stock jumps 2.6% as brokers tout asset recycling, Newport launch

City Developments stock jumps 2.6% as brokers tout asset recycling, Newport launch

City Developments shares rose 2.65% to S$9.30 in Singapore trading after UOB Kay Hian raised its target price to S$11.50, citing capital recycling and lower funding costs. Sales bookings for Newport Residences, seen as a key catalyst, open Jan 31. DBS maintained its “buy” call, expecting strong margins and a boost to RNAV. The stock traded between S$9.19 and S$9.35 during the session.
22 January 2026
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KOSPI Breaks 5,000 as Samsung, SK Hynix Jump and Trump’s Greenland Retreat Eases Jitters

KOSPI Breaks 5,000 as Samsung, SK Hynix Jump and Trump’s Greenland Retreat Eases Jitters

South Korea’s KOSPI index broke above 5,000 for the first time Thursday, reaching 5,019.54 in early trade. Samsung Electronics and SK Hynix led gains as investors bet on strong AI-driven demand. The rally came despite data showing South Korea’s GDP shrank 0.3% in the fourth quarter. Regional markets steadied after President Trump withdrew a tariff threat linked to Greenland.
22 January 2026
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Gold slips from record highs as Trump cools Greenland threats; Kuwait gold rates stay near peaks

Gold slips from record highs as Trump cools Greenland threats; Kuwait gold rates stay near peaks

Gold fell 0.8% to $4,796.75 an ounce Thursday after hitting a record $4,887.82, as eased geopolitical tensions cut demand. Kuwait’s 24-carat retail gold rate held at 47.92 dinars per gram. Goldman Sachs raised its 2026 gold forecast to $5,400 an ounce. In India, dealers charged up to $112 an ounce premium amid supply concerns and speculation over higher import duties.
22 January 2026
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AUSTRAC orders money-laundering audit of Airwallex as $8 billion fintech expands in Asia

AUSTRAC orders money-laundering audit of Airwallex as $8 billion fintech expands in Asia

AUSTRAC has ordered Airwallex to appoint an external auditor over suspected breaches of anti-money laundering and counter-terrorism financing laws. The review covers transactions from January 2024 and focuses on monitoring, customer checks, and suspicious activity reports. Airwallex must submit the audit within 180 days. The move follows Airwallex’s acquisition of South Korea’s Paynuri.
22 January 2026
ST Engineering stock slips 1.7% in Singapore as Qatar services deal and $151B U.S. contract hit the tape

ST Engineering stock slips 1.7% in Singapore as Qatar services deal and $151B U.S. contract hit the tape

ST Engineering shares fell 1.7% to S$9.41 Thursday afternoon, despite new contract announcements. Barzan Holdings of Qatar signed a QAR 1.5 billion services deal with the group at DIMDEX 2026. ST Engineering’s iDirect Government unit won a U.S. Missile Defense Agency framework contract with a $151 billion ceiling. Trading volume rose, with shares moving between S$9.35 and S$9.65.
22 January 2026
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CapitaLand Investment (SGX:9CI) pops back above S$3, eyes 52-week high in Singapore trade

CapitaLand Investment (SGX:9CI) pops back above S$3, eyes 52-week high in Singapore trade

CapitaLand Investment shares rose 2.4% to S$3.01 in Singapore on Thursday, nearing a 52-week high after fluctuating between S$2.95 and S$3.03. Turnover reached about S$27.19 million with 9.08 million shares traded. Investors are focused on full-year results due Feb. 11. The company recently expanded into logistics with a S$260 million commitment in Singapore.
22 January 2026
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Why Paladin Energy’s share price hit a fresh high — and what ASX:PDN investors watch next

Why Paladin Energy’s share price hit a fresh high — and what ASX:PDN investors watch next

Paladin Energy shares closed at a 52-week high of A$13.36 on Thursday, up 1.4%, after reporting a 16% quarterly jump in Langer Heinrich uranium output to 1.23 million pounds. The miner expects full-year production near the top of its 4.0–4.4 million pound guidance. JPMorgan downgraded the stock to underweight, citing valuation concerns. Investors await interim results in mid-February.
22 January 2026
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NAB (ASX:NAB) share price jumps 3% — what to watch next for National Australia Bank stock

NAB (ASX:NAB) share price jumps 3% — what to watch next for National Australia Bank stock

NAB shares surged 3.04% to A$42.45 on Thursday after Australia reported a surprise gain of 65,200 jobs in December, sending the unemployment rate to 4.1%. The S&P/ASX 200 closed up 0.8%. Investors shifted rate expectations ahead of next week’s CPI data and the RBA’s February decision. NAB also warned of rising investment scams using fake identities on social media.
22 January 2026
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South32 share price jumps 5% after manganese rebound — what investors watch next

South32 share price jumps 5% after manganese rebound — what investors watch next

South32 shares jumped 5.26% to A$4.40 after reporting a 16.7% rise in quarterly manganese output, matching analyst forecasts. The stock touched its highest level since April 2023. The miner reaffirmed full-year production guidance but flagged a review of its Brazil Aluminium outlook after weak volumes. Mozal smelter in Mozambique will enter care and maintenance in March 2026 due to power supply issues.
22 January 2026
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Stock Market Today

  • InterContinental Hotels Group PLC Buys Back Own Shares on May 26, 2026
    May 27, 2026, 2:39 AM EDT. InterContinental Hotels Group PLC announced it purchased its own ordinary shares on May 26, 2026. The shares bought were valued at 20,340 pence each, reflecting a continued corporate strategy to return value to shareholders. The buyback supports share prices by reducing supply in the market. The transaction was disclosed promptly to maintain market transparency and investor confidence.

Latest articles

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

27 May 2026
The S&P 500 and Nasdaq closed at record highs Tuesday, with the S&P up 0.61% and the Nasdaq rising 1.19%, while the Dow slipped 0.23%. Micron briefly topped $1 trillion in value after UBS raised its price target. Qualcomm surged nearly 5% on a reported chip deal with ByteDance. Zscaler fell 15% after hours on weak revenue guidance.
Marvell Rises Ahead of Results as AI Hype Moves Shares

Marvell Rises Ahead of Results as AI Hype Moves Shares

27 May 2026
Marvell Technology shares jumped 6.08% to $208.26 on Tuesday before its fiscal Q1 2027 earnings release set for May 27. HSBC, Susquehanna, and Citi all raised their price targets, citing strong demand for Marvell’s AI-related chips and data-center products. Marvell reported $6.10 billion in data-center revenue for fiscal 2026, up from 40% to 74% of total revenue in two years. CEO Matt Murphy will keynote at COMPUTEX next week.
AMD Tops $500, Next Test for AI Chips Trade

AMD Tops $500, Next Test for AI Chips Trade

27 May 2026
AMD shares jumped 7.78% to $503.89 Tuesday, hitting a new 52-week high, as AI infrastructure demand drove a rally in chip stocks. The S&P 500, Nasdaq, and Philadelphia Semiconductor Index all closed at records after the holiday. AMD reported Q1 revenue of $10.3 billion, up 38% year-over-year, with data centers now its main growth driver. Investors remain cautious as AMD’s price-to-earnings ratio reached 155.8.
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