35 minutes ago
China to form brokerage with US$86 billion assets by merging firms
Beijing is trying to develop its domestic investment banks to allow them to compete with global heavyweights
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
43 minutes ago
Bank Indonesia to hold rates at 4.75% through 2026 as Iran war fuels inflation risks: Reuters poll
BENGALURU, April 20 : Bank Indonesia (BI) is set to keep its key policy rate unchanged on Wednesday, according to all 31 economists polled by Reuters, with many paring bets for cuts this year as an Iran war-fuelled energy shock pushes up inflation and pressures the rupiah.That marks a sharp shift in ...
58 minutes ago
AI’s token economy revolution creates new China tech winners
The market remains hypercompetitive with new players all the time, and the deeper-pocketed, larger firms are not sitting still
1 hour ago
UOBKH maintains ‘buy’ on Reclaims Global following better than expected FY2026 results
Teo Zheng Long - UOB KayHian analysts Tang Kai Jie and Heidi Mo have maintained their “buy” call on Reclaims Global (SGX: NEX ) after its recent FY2026 results. In their April 20 report, the analysts highlighted that Reclaims Global’s FY2026 earnings was above their expectation. “FY2026 net profit of $6.8 mi ...
1 hour ago
Asia private credit debates changes to soothe jittery investors
The region’s wealth channel has funnelled around US$48.8 billion into private credit funds, according to data
1 hour ago
JP Morgan upgrades UOL to overweight with $12 target
The Edge Singapore - JP Morgan upgraded UOL Group to an overweight on Apr 20 from neutral previously with a revised price target of $12, up from $9.55. The main reasons are: the 3Q2026 preview of Thomson Reserve with 1,240 units (in partnership with CapitaLand Development); the expected Marina Square redevelopment with ...
2 hours ago
Shakespeare bought one property in London. Now we know exactly where
That he bought a home in the city is already well known, but the exact location has never been confirmed
2 hours ago
Hong Kong exchange tightens rules to avoid auditor shopping
The move effectively closes a loophole that allowed boards to pressure auditors into resigning without immediate shareholder oversight
2 hours ago
China fines Alibaba, PDD for food delivery business failures
The country’s hyper-competitive instant delivery market engaged in a price war in the past year as platforms tried to defend their market...
2 hours ago
CapitaLand Trust to buy Paragon in S$3.9b deal, sells Asia Square Tower 2 for S$2.5b
CapitaLand Integrated Commercial Trust (CICT) said on Monday (Apr 20) it has agreed to sell Asia Square Tower 2, a commercial development in Marina Bay precinct, to Malaysia's IOI Properties for S$2.48 billion (US$1.95 billion).The 773,000-square-foot property housing office, hotel and retail s ...
3 hours ago
Koh Brothers Eco jumps 17.5% as unit Oiltek crosses S$1 billion market value
Shikhar Gupta - Koh Brothers Group shares are also up more than 13%
3 hours ago
Koh Brothers Eco jumps 17.5% as Catalist-listed unit Oiltek crosses S$1 billion mark
Shikhar Gupta - Koh Brothers Group shares are also up more than 13%
3 hours ago
Koh Brothers Eco jumps 17.5% as former-Catalist unit Oiltek crosses S$1 billion mark
Shikhar Gupta - Koh Brothers Group shares are also up more than 13%
3 hours ago
Malaysian ringgit set to test new high for 2026, strategists say
Gains have been supported by strong exports and a surge in investment tied to Malaysia’s fast-growing data centre industry
3 hours ago
Meta and EssilorLuxottica bring AI to eye level with smart glasses in Singapore
Nurdianah Md Nur - The smartphone changed how people interact with the world by putting a computer in their pocket. Meta is betting the next shift is simpler: putting it on your face instead. Developed in partnership with eyewear giant EssilorLuxottica, its second-generation AI-embedded glasses can answer a question, ...
3 hours ago
Mencast Holdings share surge following investment by EDIS
The Edge Singapore - Mencast Holdings shares gained around a fifth on opening this morning with heavy volume after news last Friday that EDIS will potentially become a substantial shareholder following a three-year $3 million convertible bond. Under terms of the investment, EDIS, or Economic Development Innovations Sing ...
4 hours ago
CICT sells Asia Square Tower 2 to IOI for S$2.5b, buys Paragon for S$3.9b
Deon Loke - Acquisition of iconic Orchard Road mall to be funded by Asia Sq tower sale and S$600 million private placement at S$2.292 to...
4 hours ago
CICT sells Asia Square Tower 2 to IOI for S$2.5 billion, buys Paragon for S$3.9 billion
Deon Loke - Acquisition of iconic Orchard Road mall to be funded by Asia Sq tower sale and S$600 million private placement at S$2.292 to...
4 hours ago
Asian airlines report Europe demand surge as Gulf hub disruption shifts traffic
As a result, customers need to pay a premium for flights that avoid the Gulf, according to data from Google Travel
4 hours ago
Stocks to watch: Wilmar, CICT, CDLHT, Centurion
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 20):
4 hours ago
Gold falls as renewed Hormuz disruption stokes inflation concern
The protracted conflict has triggered an unprecedented energy-supply shock that has intensified inflationary pressures
4 hours ago
Centurion Corp buys property supporting mining industry in Western Australia for A$45 mil
The Edge Singapore - Dormitory operator Centurion Corporation is paying A$45 million to acquire an asset in Western Australia meant for the mining industry, marking its entry into a new specialised segment. Centurion Corp believes this acquisition will be earnings accretive. The asset, at Karratha, consists of Velocity ...
4 hours ago
CICT's $6.4 billion asset swap
The Edge Singapore - CapitaLand Integrated Commercial Trust (CICT), Asia’s largest REIT, has announced the divestment of Asia Sqaure Tower 2 (AST2) to IOI Properties for $2.476 billion, and the acquisition of the freehold Paragon for $3.9 billion. To partly fund Paragon, CICT has announced a placement to raise no less ...
5 hours ago
Oil claws back losses as Strait of Hormuz is closed again
The United States has maintained a blockade of Iranian ports
5 hours ago
Global brands see revival in China as retail nationalism cools
The global success of Chinese brands has further eased defensiveness towards foreign labels
5 hours ago
Japan manufacturers hurt most by aluminium shortage from Iran war
Most companies in the country often maintain about two months of inventory for parts or raw material
6 hours ago
Catalist-listed Toku makes enterprise AI push as it pursues growth over near-term profit
Low Youjin - The company sees strong demand for the technology aligning with its expansion across global markets
6 hours ago
ESG loans in South-east Asia fall 46% in Q1 2026 amid heightened volatility from Iran war
Janice Lim - Proceeds from environmental, social and governance bonds decline 26.5% over the same period
6 hours ago
Less than six months after Nasdaq debut, Malaysia’s Alps Group pivots to bridge biotech access gap
Tan Ai Leng - It is expanding into insurance and education to rebuild valuation and put advanced treatments within reach for more people
6 hours ago
Nasdaq-100 tests key resistance after sharp recovery
It is now testing the upper boundary of the prior double-top zone near 26,300
6 hours ago
Coliwoo eyes growth overseas as parent LHN seeks next space-optimisation gem
Benjamin Cher - Co-living player eyes markets where renting is the norm; LHN mulls self-storage and even eldercare arenas
6 hours ago
Gender diversity, tenure length remain governance gaps among STI company chairpersons
Jean Low - Just two of the 30 constituents on Singapore’s blue-chip barometer are chaired by women
6 hours ago
The real ‘Value Unlock’ lies in Smids, where mispricing holds stocks hostage
Research coverage is still patchy in this segment, and the diligent can spot mispricing among related companies
6 hours ago
Whisky fund uncorks US$50 million play on casks after scams rattle market
Renald Yeo - The Platinum Whisky Investment Fund II draws lessons from its first iteration, will have a more active foreign exchange hedging strategy