39 minutes ago
Singapore Airlines and Air China sign MOU; agreement covers potential expansion of codeshare partnership
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
44 minutes ago
RHB's Natarajan raises target price for CICT to $2.75
The Edge Singapore - Vijay Natarajan of RHB Bank Singapore has kept his "buy" call and CapitaLand Integrated Commercial Trust, given how valuation is deemed "attractive" at just 1.x P/BV, along with a slightly raised target price of $2.75, up from $2.73, after unitholders gave their go-ahead for the ...
45 minutes ago
British American Tobacco to cut 5,500 jobs globally in restructuring push
The layoffs is expected to add £600 million (S$1.03 billion) of annualised incremental savings by 2028
1 hour ago
European shares steady as tech gains offset Middle East caution
The broader tech sector rose after last week’s selloff
1 hour ago
Banks get creative and look further afield as AI-fueled debt soars
NEW YORK, June 29 : As corporate borrowing tied to artificial intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes of debt.The surge in spending on chips, cloud infrastructure and data centers has led large technology companies, known as hyperscalers ...
1 hour ago
Three in four S-Reits surveyed are preparing for sustainability assurance readiness: PwC Singapore
Chloe Lim - This signals how the need to strengthen data quality, processes and controls is increasingly recognised in the sector
1 hour ago
HSBC deepens Asia startup push three years after Silicon Valley Bank deal
Benjamin Cher - Its Innovation Banking unit has styled itself as a one-stop shop for businesses just starting up or expanding
1 hour ago
Singapore private housing is ‘decoupling’ from HDB market as buyer pools diverge: NUS
Ry-Anne Lim - It is driven by ‘distinct buyer profiles with differing capacities and capital outlays’
1 hour ago
Malaysia extends search for missing flight MH370 by one year
A remaining area of 7,428.54 sq km will be searched
1 hour ago
SIA inks joint venture pact with Air China to enhance route coordination, revenue sharing
Shikhar Gupta - The carriers will also ‘deepen cooperation’ between their KrisFlyer and PhoenixMiles frequent flyer programmes
2 hours ago
Oil steadies as US and Iran agree to halt attacks
LONDON, June 29 : Oil prices steadied on Monday as Iran and the United States agreed to halt recent hostilities in the Gulf and Middle East producers pushed ahead with loading oil and liquefied natural gas despite fresh ship attacks. The two countries also agreed to renew talks over the Strait of Ho ...
2 hours ago
Amity opens AI hub in Singapore; targets US$200 mil in annualised revenue
Nurdianah Md Nur - Amity has opened a Singapore office and AI Research & Application Centre (ARAC) after raising US$100 million ($129 million) in a Series D funding round. The round was led by EDBI, alongside Asia Partners and SMDV, with participation from existing and new investors, including CMLIM Capital. The T ...
2 hours ago
JPMorgan adds Singapore dollar to blockchain network for 24/7 corporate payments
Shikhar Gupta - Kinexys will allow on-chain foreign exchange with six other major currencies
3 hours ago
Nikkei reverses course to end Monday higher as chip-related shares cut losses
The broader Topix rose 0.47 per cent to 3,982 points
3 hours ago
With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee
Lee Su Shyan - The tech and investment veteran says humans must bring soft skills to the table and let AI handle the facts
3 hours ago
Hormuz traffic drops off as vessel attacks raise fresh concerns
The strait presents a litmus test of whether disrupted supply chains can start normalising
3 hours ago
Lindt heads for worst quarter in 17 years on price-hike fallout
The Swiss company raised prices last year by nearly 20 per cent on the back of surging cocoa prices
3 hours ago
OCBC's Lim downgrades Sats to 'hold' following recent gains
S - Ada Lim of OCBC Group Research has maintained her fair value for Sats at $4.20 but has downgraded her call from "buy" to what she calls a "non-consensus hold" as the company's current share price has exceeded what she deems is worth based on current estimates. From a recent ...
3 hours ago
SGX to see continued SDAV upside from EQDP cycle: DBS, RHB
Felicia Tan - Analysts from DBS Group Research and RHB Bank Singapore have raised their target prices on Singapore Exchange (SGX) as they see the Equity Market Development Programme (EQDP) continuing to anchor the exchange’s securities daily average value (SDAV). SGX, on June 10, reported an SDAV of $2.4 billio ...
3 hours ago
BT, Verizon join forces to create US$4 billion international joint venture
A chief executive officer-designate has been appointed for the new company
3 hours ago
Freehold Balestier Centre up for collective sale at S$180 million
Shikhar Gupta - Asking price translates to land rate of S$1,495 per square foot per plot ratio for the mixed-use site, with sizeable unused development...
4 hours ago
State polls a speed bump as RTS, JS-SEZ accelerate shifts in Johor’s property market
Tan Ai Leng - Industrial growth is lifting the state, but overhang and affordability concerns persist
4 hours ago
RTS, JS-SEZ redraw Johor’s property market as investors watch state polls
Tan Ai Leng - Industrial growth is lifting the state, but overhang and affordability concerns persist
4 hours ago
Prosus profit jumps 84% as deal spree sets stage for European push
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday as it looks to expand its successful Latin American business model across Europe following a run of aggressive dealmaking.Prosus deployed some $8.5 billion for acquisitions over ...
4 hours ago
Prosus reports 84% surge in full-year adjusted core profit
June 29 : Dutch digital services operator Prosus reported an 84 per cent surge in full-year adjusted core profit on Monday and declared that all of its regional ecosystems were profitable for the first time.Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) across its d ...
4 hours ago
Prosus core earnings leap 84% as all regions post profit
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday, with its consumer platforms profitable across all regions for the first time.Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) across its digital se ...
4 hours ago
Citi’s top picks in the real estate world are CICT, MPACT, CLAR, CDL and UOL
The Edge Singapore - Citi Research said it met with several investors during its 2026 Property & Financials Conference and marketing trip in Hong Kong. These investors remain underweight on Singapore real estate, but with clear preference for developers and asset managers, and select S-REITs with decent distribution ...
4 hours ago
Toyota sales drop again in May as Iran conflict hits production
It marks a fourth straight month of declines amid Middle East disruptions and competition in China
5 hours ago
Former Dyson Global CEO Roland Krueger on the road ahead for the car industry
Claressa Monteiro - He expects car sharing and subscriptions to become more common in places where owning a car is costly
5 hours ago
South Korea exports set to grow at strongest pace in nearly 5 decades: Reuters poll
SEOUL, June 29 : South Korean exports likely posted their strongest annual growth in nearly five decades in June, as semiconductor shipments broke fresh records in the wake of a boom in global AI investment, a Reuters poll showed on Monday. Exports from Asia's fourth-largest economy, a bellweth ...
5 hours ago
Iran cyberattacks on Israel surged in 2026, Israeli cyber chief says
June 29 : The number of Iranian cyberattacks against Israel has shot up since the launch of the U.S.-Israeli offensive against Iran this year, a senior Israeli security official was quoted as saying on Monday.Yossi Karadi, Director General of Israel's National Cyber Directorate, told German new ...
6 hours ago
China says tech growth a challenge to predicting energy demand
The growth of emerging sectors including AI and electric vehicles makes forecasting future energy needs harder
6 hours ago
Drone startup BeeX raises US$7.7 million Series A round from Monk’s Hill Ventures, Seeds Capital
Benjamin Cher - It will be used to expand BeeX’s fleet of autonomous underwater drones and its operational reach
6 hours ago
Why it makes sense to include 5-room HDB flats in Berlayar BTOs – even if price tag may be higher
Leslie Yee - Meet demand for large new units in sought-after locations and don’t fear the S$1 million psychological barrier