33 minutes ago
Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 hour ago
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation
1 hour ago
CNA Explains: Why global public debt is swelling – and why it matters
The International Monetary Fund has warned that public debt is hitting levels not seen since World War II, when governments faced years of painful repayment and rebuilding.
1 hour ago
Three adjoining Geylang plots for sale with guide price of $31 million
The Edge Singapore - Three freehold plots in Geylang with redevelopment potential are up for sale with a combined asking price of $31 million, or $869 psf on maximum permissible GFA. The plots, with a total land area of 1,183.6 sqm, or 12,740 sq ft, comprise a pair of adjoining terrace houses along Lorong 16 Geylang tha ...
1 hour ago
Investors back energy providers over big tech for 2026 AI bets, says BlackRock
LONDON, Jan 13 : BlackRock, the world's largest asset manager, still believes in the investment case for artificial intelligence in the year ahead but will be focusing on broader opportunities, it said on Tuesday.Investors seeking to play the AI theme into 2026 favour energy and infrastructure ...
1 hour ago
Proactive tax strategy in a shifting global landscape
As OECD rules redefine the game, Singapore’s tax and business leaders are pivoting from compliance to strategic foresight
2 hours ago
Local qualifying salary to be further refined, details to be announced in Budget
Low Youjin - The LQS is put in place to ensure firms do not hire locals on ‘a token salary’, said Manpower Minister Tan See...
2 hours ago
UK's Trustpilot expects 20% annual revenue jump on higher bookings
Jan 13 : Global online review platform Trustpilot forecast 20 per cent growth in revenue and profit ahead of expectations for 2025 on Tuesday, helped by double-digit growth in bookings in all its markets.The company said it expects full-year revenue to rise to $261 million, helped by an 18 per cent ...
2 hours ago
Atome Financial upsizes syndicated debt facility to US$345 mil to scale Southeast Asian business
Nurdianah Md Nur - Singapore-based digital finance platform Atome Financial has increased its syndicated debt facility to US$345 million ($444 million), up from US$200 million last year. It will use the facility to expand its profitable regional portfolio. This includes buy now pay later (BNPL), lending and the Atome ...
2 hours ago
Frasers Property gaining full ownership of The Centrepoint rear block not a sure thing
Kalpana Rashiwala - The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too
3 hours ago
Indonesia’s launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
The country subsidises its biodiesel programme using proceeds from palm oil export levies
4 hours ago
Taiwan says it has reached 'broad consensus' with US on tariff talks
TAIPEI: Taiwan and the US have reached a "broad consensus" on their tariff talks and are discussing a timetable for holding a concluding meeting, Taipei said on Tuesday (Jan 13), as a source familiar with the matter said an announcement could come by the end of the month.Taiwan is aiming f ...
4 hours ago
China EV makers rise as EU mulls minimum price to replace tariff
The minimum pricing will need to be flexible in order to accommodate different model types and vehicle categories
4 hours ago
UBS CEO Sergio Ermotti plans to step down in April 2027, FT reports
UBS Group CEO Sergio Ermotti is planning to step down in April 2027, the Financial Times reported on Tuesday.
4 hours ago
China examines foreign ETF trades after Jane Street India probe
Foreign market makers can also trade China ETFs through so-called Stock Connect links between Hong Kong and the mainland
4 hours ago
Yen tumbles following report Japan PM plans snap poll
Japanese officials have stepped up warnings against what they describe as excessive and speculative FX moves
4 hours ago
Singapore’s revised food targets prioritise scalable, efficient production
Low Youjin - Details on support schemes for farmers will be announced at MSE’s upcoming Committee of Supply debate
4 hours ago
Indonesia official says launch of B50 biodiesel depends on crude oil, palm oil prices
JAKARTA, Jan 13 : The launch of Indonesia's B50 biodiesel mandate will depend on the price gap between crude oil and crude palm oil, a senior official said on Tuesday. Indonesia, the world's largest producer of palm oil, previously said it would start its B50 mandate, which requires a 50-5 ...
4 hours ago
Indonesia's launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
JAKARTA, Jan 13 : The timing of Indonesia's launch of its B50 biodiesel mandate, which blends 50 per cent palm oil-based fuel with diesel, will be subject to the price gap between crude oil and crude palm oil, a senior official said on Tuesday.Indonesia, the world's largest palm oil produc ...
5 hours ago
UOB Kay Hian lifts ASL Marine’s TP to 35 cents on ‘thriving’ business
Lin Daoyi - UOB Kay Hian analyst Heidi Mo has reiterated her “buy” call on ASL Marine with a higher target price of 35 cents from 33 cents previously. Mo’s bullishness is underpinned by several reasons, as noted in her research report dated Jan 13. Firstly, Mo believes ASL’s repairs segment will drive t ...
5 hours ago
Trump team nears Taiwan trade deal with more US chip investment
Any agreement with Taipei risks provoking China, which claims the island as part of its territory
5 hours ago
Vibe, then verify: Unlocking AI value by solving the productivity paradox
Marcus Low - Across Asia-Pacific and Japan (APJ), technology leaders are racing to embed AI into every stage of the software development lifecycle (SDLC). From Singapore’s financial institutions to India’s fast-moving e-commerce startups, coding assistants promise faster delivery cycles and new innovation ca ...
5 hours ago
Vanke asks to extend bond grace period again, adds collateral
Bloomberg - (Jan 13): China Vanke Co presented revised proposals to extend a local bond that included collateral pledges as well as a longer grace period, according to people familiar with the matter, as the distressed developer struggles to stave off default. Under the proposed terms, Vanke offered to use rece ...
5 hours ago
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent...
6 hours ago
FIFA taps Stats Perform for betting data, live-streaming rights ahead of World Cup
Jan 13 : FIFA has selected sports AI firm Stats Perform as their first official betting data and betting streaming rights distributor, which includes live streams for all matches at the 2026 World Cup, world soccer's governing body said.The agreement also grants Stats Perform exclusive rights t ...
6 hours ago
Gold eases on profit-booking after breaching US$4,600/oz
Major brokerages expect two 25-basis-point rate cuts each in June and September
6 hours ago
UOBKH initiates coverage on NTT DC Reit with ‘buy’, forecasts 41% upside
Shikhar Gupta - The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy
7 hours ago
Boustead Singapore amends agreement with Unified Industrial to retain control of Vietnam business
Therese Soh - This allows the company to better manage its real estate and fund management business in the country
7 hours ago
Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
Therese Soh - This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy
7 hours ago
HR Asia recognises companies leading Asia's workplace transformation
Business Media International - The HR Asia Best Companies to Work for in Asia recognised outstanding companies that have demonstrated resilience, adaptability and commitment to people-first leadership amidst some of the toughest HR conditions in recent years. Across Asia, companies continued to battle a volatile talent landscape ...
7 hours ago
Rex International subsidiary seeks deferment on bond payments; expects Sèmè Field production to start end-January
Lin Daoyi - Oil and gas explorer Rex International filed two notices with the local bourse on Jan 12. In its first announcement, Rex says that its Norwegian subsidiary Lime Petroleum Holding AS is seeking a deferment of Lime’s 2027 and 2028 interest payments to bondholders. Lime is seeking an extension on the ...
7 hours ago
Nvidia says no upfront payment needed for its H200 chips
BEIJING, Jan 13 : Nvidia does not require upfront payment for H200 chips, a spokesperson for the U.S. chipmaker said in a statement to Reuters on Tuesday. The company said it "would never require customers to pay for products they do not receive", in a response to a Reuters story on Januar ...
7 hours ago
Asia markets extend gains on ‘Sell America’ inflows, despite Trump’s Iran tariff threat
Deon Loke - The announcement also says that the new duty would be ‘effective immediately’
7 hours ago
Asia markets extend gains on ‘Sell America’ inflows, Trump’s Iran tariff threat; Nikkei at record high
Deon Loke - Sustained advances also driven by attractive valuations and Asia-Pac growth prospects