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Cotton On Asia to close; liquidators appointed

Brands under the Cotton On umbrella include Cotton On Body, Cotton On Kids, Typo and Rubi.

Cotton On Asia is part of the Cotton On Group, an Australian fashion and lifestyle retailer founded in 1991 by Nigel Austin.

News analysis

MAS faces tough Singdollar policy decision in April amid risks of higher inflation, slower growth

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Fitbit Singapore winds up as Google completes takeover of fitness tracker brand

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Middle East tensions highlight gaps in travel insurance for Singapore travellers

The Assembly Place pushes into foreign worker housing as co-living growth lifts revenue

Asia stocks slump as oil prices head for biggest monthly rise ever

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Singapore companies

Fitbit Singapore winds up as Google completes takeover of fitness tracker brand

A Government Gazette notice confirms that liquidators have been appointed to wind up the local unit.

While the liquidation of the Fitbit Singapore marks the end of an area, Fitbit users can continue to use their devices.

The Assembly Place pushes into foreign worker housing as co-living growth lifts revenue

Keppel shares tumble 3% after delay in planned sale of M1 to Simba

DBS wins mandate in $1.3 billion IPO as it enters India’s booming share sale business

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US Fed chair Powell says longer-term inflation outlook remains in check

US Federal Reserve Chairman Jerome Powell speaking at a dialogue at Harvard University in Cambridge, Massachusetts, on March 30, 2026.

Singapore agencies and TikTok to train workers for retail jobs in live-streaming era

OSIM runs a livestream on TikTok Shop.

Singapore stocks close flat amid escalating Middle East tensions

Cotton On Asia to close; liquidators appointed

Cotton On Asia is part of the Cotton On Group, an Australian fashion and lifestyle retailer founded in 1991 by Nigel Austin.

The Assembly Place pushes into foreign worker housing as co-living growth lifts revenue

News analysis

MAS faces tough Singdollar policy decision in April amid risks of higher inflation, slower growth

ST20250721-202565000300-Lim Yaohui-Benjamin Lim-bnmas21/

Generic photograph of the lobby of Monetary Authority of Singapore (MAS) building at 10 Shenton Way on July 21, 2025.

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.

As central bank, MAS promotes sustainable, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

(ST PHOTO: LIM YAOHUI)

India forces banks to unwind rupee bets as Iran war drives currency to record lows

The rupee has fallen more than 4 per cent since the Iran war broke out on Feb 28 and is Asia’s worst performer in 2026.

Pinery Residences in Tampines is third project launch to surpass 90% sales in 2026

Pinery Residences sold 544 units over its launch weekend at an average selling price of $2,546 per square foot.

Asia stocks slump as oil prices head for biggest monthly rise ever

With much of Asia highly dependent on energy from the Middle East, Japan’s Nikkei plunged 4.7 per cent, bringing losses for March to almost 14 per cent.

US Treasury to consult insurance regulators amid private credit market jitters, sources say

US Treasury Secretary Scott Bessent said private credit has aided US economy but wants to prevent financial contagion.

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