Biz Report: Oil prices spike, UAE nuclear power plant attacked; Keppel and M1-Simba deal suspension

Published on 18 May 2026
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In this episode of The Business Report, finance presenter Chua Tian Tian spoke with David Kuo, Co-founder, The Smart Investor  on oil price movements as efforts to end the US-Israeli war on Iran appeared to have stalled. 

That’s after a nuclear power plant in the United Arab Emirates came under attack, and with US President Donald Trump set to discuss military options on Iran.

The duo then turned the spotlight on the SGX-listed counters to watch for the day, with Keppel remaining at the front and centre of investors’ minds, given how the Infocomm Media Development Authority said it had halted its assessment of the proposed consolidation between M1 and Simba Telecom until further notice.

Also discussed – ST Engineering’s latest performance, Singapore’s Non-Oil Domestic Exports reading and China’s economic growth figures for April.

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