Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

Singapore Stock Market News Singapore Business News Singapore Market Updates

6 hours ago

Amazon-backed Rivian in talks with ministers over UK factory -Sky News

Sharanya Pillai - Amazon.com Inc-backed electric vehicle start-up Rivian Automotive is in talks with ministers about building a factory in the UK that could include a big state support package, Sky News reported on Saturday.

6 hours ago

Tighter border measures for travellers from Australia and China's Jiangsu province after rise in Covid-19 cases: MOH

darylchoo -

8 hours ago

Sailing: Kimberly Lim and Cecilia Low finish 10th overall, first Singaporeans to qualify for medal race at Olympics

darylchoo -

8 hours ago

China will maintain prudent, flexible monetary policy in H2 - central bank

China will maintain a prudent, flexible and targeted monetary policy in the second half of the year, its central bank said on Saturday, as it seeks to support growth while keeping the digital economy in check.

8 hours ago

NParks to develop 18km of recreational trails to link Rail Corridor to Dover Forest and Jurong Lake Gardens

gordon.feeney -

9 hours ago

Conservancy charges, temporary occupational licence fees to be waived for 8 markets and food centres hit by Covid-19

kenneth.cjw -

10 hours ago

Surviving childhood trauma: Mental health advocate, 29, learns to love mum who has schizophrenia

siewfern -

11 hours ago

No opaque doors or access to private rooms among tougher rules for converted KTVs wishing to resume operations

kenneth.cjw -

13 hours ago

Fed's Brainard: Can't wrap head around not having US central bank digital currency

Sharanya Pillai - Federal Reserve Governor Lael Brainard on Friday laid out a range of reasons for "urgency" around the issue of developing a U.S. central bank digital currency, including the fact that other countries such as China are moving ahead with their own.

14 hours ago

China's factory activity expands at a slower pace in July- official PMI

Sharanya Pillai - (Refiles to remove repeated dateline)

14 hours ago

Adulting 101: My first BTO flat — a home to sink roots and build a family or a money spinner?

asyrafkamil -

17 hours ago

‘Don’t see it as a get-rich-quick scheme’: How to avoid crypto scams and losses

Sharanya Pillai - Burnt in cryptocurrency dealings, two investors tell the programme Money Mind their advice for others who may wade into the ‘highly risky’ investment.

18 hours ago

Far East Hospitality Trust DPS up 6.8% to S$0.011 in H1

Yong Jun Yuan - FAR East Hospitality Trust's (FEHT) distribution per stapled security (DPS) rose 6.8 per cent to 1.10 Singapore cents for the half year ended June 30, 2021, compared to 1.03 Singapore cents for the year-ago period.

18 hours ago

Eagle Hospitality Trust's Dallas hotel to be sold to same buyer that made earlier, aborted offer - but at lower price this time

Annabeth Leow - EMBATTLED Eagle Hospitality Trust (EHT) is set to sell one of the last three hotels in its portfolio for a lower price, following an attempt at a sale that was aborted in May.

18 hours ago

ecoWise and listing sponsor to part ways

Annabeth Leow - CATALIST-LISTED waste management company ecoWise Holdings is parting ways with listing sponsor Zico Capital "after deliberations and for commercial reasons".

18 hours ago

CDLHT posts lower H1 payout despite 24.4% rise in NPI

Jeanette Tan - CDL Hospitality Trusts' (CDLHT) distribution per stapled security (DPS) fell 19.2 per cent to 1.22 Singapore cents for its first half ended June 30, from 1.51 cents a year ago, citing post-rent restructuring, a low base effect from earlier losses and the absence of one-off contributions from a ...

18 hours ago

Keppel shares gain after return to profit; analysts cheer growth initiatives

Yong Jun Yuan - SHARES of Keppel Corp rose amid heavy trading on Friday, as investors priced in a return to profitability for the conglomerate.

18 hours ago

iFast launches US, Hong Kong stockbroking services in Malaysia

Tan Nai Lun - THE Malaysia operation of iFast Corporation, iFast Capital, has launched stockbroking services for US and Hong Kong-listed securities for the Malaysia market, the online brokerage said in a bourse filing on Friday.

18 hours ago

Aztech H1 profits more than double to S$29.4m

Annabeth Leow - MAINBOARD-LISTED tech dealer Aztech Global's earnings surged in the first half as customer orders drove up sales volume in the smart devices market.

18 hours ago

Singtel rebuffs energy player's offers for its Thai telecoms stakes

Annabeth Leow - SINGTEL does not intend to accept a Thai energy player's tender offers for its Thai telecoms investments, the mainboard-listed telco announced in a bourse filing on Friday.

18 hours ago

DBS, Temasek launch US$500m growth stage debt financing platform for Asia's tech firms

Kelly Ng - SINGAPORE bank DBS and Temasek on Friday announced that they have entered into an agreement to jointly launch a US$500 million growth stage debt financing platform.

18 hours ago

Shareholder spat clouds sale of Fullerton Health

Anita Gabriel - A BITTER tug-of-war among three friends-turned-foes - all shareholders and co-founders of Fullerton Healthcare Corp (Fullerton Health) - could imperil the months-long sale process of the Asian healthcare solutions firm, including last week's sweetened non-binding offer by Beverly-Hills private ...

18 hours ago

Big tech has outgrown this planet

Shira Ovide - THE already bonkers dollars of Big Tech have become even bonkers-er.

18 hours ago

Property agents touting price hikes at slew of condo, EC projects

Fiona Lam - REAL estate salespersons in Singapore have been riding on Pasir Ris 8's wave this week to advertise increased prices of units at multiple private residential projects, mostly situated in the suburbs and city fringe.

18 hours ago

Singapore visitor arrivals, hotel performance down in June

Janice Heng - SINGAPORE'S visitor arrivals continued to fall in June, with hotel performance also declining as more hotels turned rooms over to stay-home-notice purposes, Singapore Tourism Board (STB) figures released on Friday showed.

18 hours ago

Optimism for next six months cools for Singapore's manufacturing sector

Vivienne Tay - OPTIMISM in Singapore's manufacturing sector for the next six months has cooled, while positive sentiment for the services sector has plateaued, according to quarterly surveys released on Friday.

18 hours ago

Economists upbeat on Q3 labour outlook despite Q2 setback

Janice Heng - THOUGH tighter Covid-19 curbs took a toll on Singapore's total employment in the second quarter, the labour situation is expected to improve in Q3, said economists, who were responding to Ministry of Manpower (MOM) flash figures on Friday.

18 hours ago

Gold rallies on FOMC indecision on tapering timelines

Avtar Sandu - GOLD prices are set to close the week and month on a buoyant note, after investors cheered US Federal Reserve chairman Jerome Powell's comments suggesting the central bank was unlikely to hike rates anytime soon.

18 hours ago

Can Singapore's fertility business deliver further growth?

Fiona Lam - AS the pandemic puts parenthood aspirations on hold, first-time mothers get older, and more Singaporeans stay single, the fertility treatment sector has entered uncharted waters. 

18 hours ago

Angliss Singapore wins lawsuit against ex-staff for misappropriation of confidential information

Yong Jun Yuan - FOOD distributor Angliss Singapore has won a lawsuit against former employee Roger Yee Heng Khay over the misappropriation of confidential information when he left the company for a competitor. Angliss alleged that this led to the loss of a distributorship it had held for over 40 years.

18 hours ago

June bank lending sees fastest monthly growth since 2018

Natalie Choy - SINGAPORE bank lending in June logged the fastest monthly growth since March 2018, up 1.5 per cent to S$703.92 billion as business loans gain further momentum.

19 hours ago

Twitter launches competition to find biases in its image-cropping algorithm

Tan Nai Lun - Twitter Inc said on Friday it will launch a competition for computer researchers and hackers to identify biases in its image-cropping algorithm, after a group of researchers previously found the algorithm tended to exclude Black people and men.

19 hours ago

Musk says 'Epic is right', takes sides in battle with Apple

Tan Nai Lun - Tesla Chief Executive Officer Elon Musk on Friday (Jul 30) showed his support for "Fortnite" maker Epic Games that has challenged Apple Inc's fees on its App Store.

19 hours ago

US agency denies Blue Origin protest over NASA lunar lander contract

A US government watchdog on Friday sided with NASA over its decision to pick a single lunar lander provider, rejecting a protest filed by Blue Origin and defence contractor Dynetics Inc.

22 hours ago

US SEC says Chinese IPO hopefuls must provide additional risk disclosures

Tan Nai Lun - The US securities regulator will not allow Chinese companies to raise money in the United States unless they fully explain their legal structures and disclose the risk of Beijing interfering in their businesses, the agency said on Friday, confirming an exclusive report by Reuters.

22 hours ago

Musk takes Epic's side in Fortnite maker's battle with Apple

Tan Nai Lun - Tesla Inc Chief Executive Officer Elon Musk on Friday showed his support for Fortnite maker Epic Games, commenting on Apple Inc's fees on its App Store.