23 minutes ago
Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs
[SINGAPORE] Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, while investors girded for...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
47 minutes ago
Earthworks and recycling lay the foundation for Reclaims Global’s next growth phase
Julian Wong - When a contractor finds themselves at the start of a construction project with an urgent problem — it could be a collapsing structure, a hidden foundation, or a timeline suddenly at risk — Reclaims Global CEO Tan Kok Huat shares that he is often the first person they reach. “People call us bec ...
1 hour ago
Oil rises as concerns about supply disruptions in Venezuela, Iran increase
Jan 9 : Oil prices rose for a second day on Friday, set for their third weekly gain, on uncertainty about the future of supply from Venezuela and as Iranian unrest increases concerns about output there.Brent futures rose 44 cents, or 0.71 per cent, to $62.43 per barrel at 0203 GMT, while U.S. West T ...
1 hour ago
Singapore’s F&B will not end up like Hooters
Nirgunan Tiruchelvam - Though I am a vegetarian, the Hooters outlet at Clarke Quay has been on my radar. I tend to walk past it on the way home. It serves fried chicken wings and beer. These unhealthy items are an ideal respite from the excesses of the evening. The outlet is placed at the edge of Clarke Quay. It is hard t ...
1 hour ago
Gold falls as commodity index adjustments weigh ahead of US jobs data
Investors are looking to the non-farm payrolls data for monetary policy cues
1 hour ago
UOBKH rates top pick DBS a ‘buy’ on 5.6% yield
Shikhar Gupta - It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC
1 hour ago
UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield
Shikhar Gupta - It also upgrades the overall banking sector to ‘overweight’ and has a continued ‘buy’ call for OCBC
1 hour ago
AI’s power problem is being overthought, says Microsoft’s VP for energy
Nurdianah Md Nur - Concerns over artificial intelligence’s energy appetite are pushing some ideas to extremes. Some engineers, including those at Google, are planning for or testing solar-powered computing infrastructure in orbit. While the idea draws attention, it sidesteps more immediate constraints. For Bobby Hol ...
2 hours ago
The China choice
Daryl Guppy - America’s New Year’s gift to the world is unprecedented instability, with the potential collapse of the global rules-based order. The impact on trade security cannot be underestimated or ignored. How China chooses to respond will shape global supply chains, business with and within China and the ...
2 hours ago
Cathay Pacific seeks savings, cuts some jobs in efficiency push
The airline has said that it plans to hire 3,000 people this year, pushing headcount beyond the 34,000 at the end of...
2 hours ago
Goldilocks economy is the right diet for banks
The Edge Singapore - A so-called “Goldilocks economy”, where steady growth is accompanied by low inflation, will help generate “sustainable” and sustained economic expansion in the US. Two rate cuts are expected by the end of June, with none in the second half of the year. In addition, the much-feared disruption ...
2 hours ago
STI top performer CDL wins more bullish calls as asset monetisation gains pace
The Edge Singapore - City Developments’ (CDL) share price has gained around two-thirds in the past 12 months, making it one of the top-performing large caps in 2025. If analysts are right, the property and hospitality giant has more room to go. Citing the faster pace of asset monetisation, which reached approximately ...
2 hours ago
CK Hutchison taps Goldman Sachs, UBS for AS Watson IPO, Bloomberg News reports
Jan 9 : Hong Kong-based CK Hutchison has picked Goldman Sachs and UBS Group AG to work on the planned initial public offering of its unit A.S. Watson Group, Bloomberg News reported on Friday, citing people familiar with the matter.The ports-to-telecoms conglomerate is working with the banks ...
2 hours ago
Broker's Digest: Raffles Medical Group, iFast, Lendlease REIT
The Edge Singapore - Raffles Medical Group Price target: CGS International ‘add’ $1.23 Sentiment to improve CGS International is reiterating its “add” recommendation on Raffles Medical Group (RMG) with a higher target price of $1.23 from $1.20 previously, on the back of stronger y-o-y earnings in 2HFY2025, conti ...
2 hours ago
CK Hutchison is said to pick Goldman Sachs, UBS for Hong Kong-London IPO of Watson Group
Temasek Holdings owns about 25% of the company
3 hours ago
Musk's xAI posts net quarterly loss of $1.46 billion, Bloomberg News reports
Jan 8 : Elon Musk’s artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, up from $1 billion in the first quarter, Bloomberg News reported on Thursday, citing internal documents. Reuters could not immediately verify th ...
3 hours ago
Musk's xAI quarterly net loss widens to $1.46 billion, Bloomberg News reports
Jan 8 : Elon Musk's artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, compared with a loss of $1 billion in the previous three months, Bloomberg News reported on Thursday, citing internal documents.Revenue nearly doubled sequentially to ...
3 hours ago
Stocks to watch: China Aviation Oil, Geo Energy
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 9):
3 hours ago
Mapletree Investments’ Silver Jubilee: Growing with each cycle
Jovi Ho - Mapletree Investments’ structure has allowed the real estate group to make long-term decisions in the best interests of investors, says veteran CEO Hiew Yoon Khong Market chatter often begins as an investor’s wish, emboldened by an analyst’s calculations. One such dream — a merger of Singapo ...
3 hours ago
Trump lays out a vision of power restrained only by ‘my own morality’
The president’s insistence that Greenland must become part of the US was a prime example of his worldview
4 hours ago
Japan household spending unexpectedly picks up, signals steady consumption recovery
TOKYO, Jan 9 : Japanese annual household spending unexpectedly grew in November, government data showed on Friday, rebounding from a sharp decline in October and aligning with a gradual recovery in private consumption. Consumer spending rose 2.9 per cent year-on-year, internal affairs ministry data ...
4 hours ago
Japan November household spending unexpectedly rises, up 2.9% year/year
TOKYO, Jan 9 : Japanese household spending unexpectedly grew in November from the year-earlier month, government data showed on Friday, rebounding from a sharp decline in October. Consumer spending rose 2.9 per cent, internal affairs ministry data showed, far better than the median market ...
4 hours ago
Chinese firms dominated global humanoid robot shipments in 2025
The industry’s global sales more than quintupled from 2024, according to Omdia’s figures
4 hours ago
GM to take US$6 billion writedown on EV pullback
GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit
4 hours ago
Teachers, AI roles among Singapore’s fastest-growing jobs in 2026: LinkedIn
Therese Soh - Technical and strategic roles alongside those requiring human judgement and connection are on the rise
4 hours ago
London player Colt targets data centre migration to expand Singapore market share
Young Zhan Heng - It views global connectivity as its competitive advantage, and identifies opportunities in SGX data centre migration
4 hours ago
Mapletree Investments shoots for high sustainable returns, eyes more acquisitions and development activity
Jessie Lim - The property giant achieved an average 10.9% return on invested equity in the last decade, and aims for between 9% and 12%...
5 hours ago
Blackstone eyes US$2.6 billion of debt to finance power merger
Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids
5 hours ago
Panama says it cancelled flag of US-seized oil tanker a year ago
[PANAMA CITY] Panama’s maritime authority on Thursday said it had cancelled in January of last year the flag of the M Sophia,...
5 hours ago
Big Tech spared strict rules in EU digital regulations overhaul, sources say
The tech giants will be subject only to a voluntary framework rather than binding rules
5 hours ago
China’s Anta Sports has offered to buy Pinault family’s 29% Puma stake: sources
The Hong Kong-listed company has a track record of acquiring and revamping Western sports and lifestyle brands
5 hours ago
Oil settles up 3% on Venezuela news, supply worries in Russia, Iraq and Iran
[NEW YORK] Oil prices climbed over 3 per cent on Thursday after two straight days of declines, settling at a two-week high as...
5 hours ago
Trading Day: Defense over tech, payrolls next
5 hours ago
Glencore and Rio in talks to form world’s biggest miner
Both companies own some of the best copper mines in the world