33 minutes ago
Brookfield, GIC near binding offer for National Storage: sources
The parties are finalising details of a transaction that could be announced as soon as Monday
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 hours ago
Sembcorp Industries nears deal to buy Australia's Alinta Energy: Australian Financial Review
The Edge Singapore - Sembcorp Industries is reportedly near a deal to acquire Alinta Energy, the fourth-largest utility company in Australia, according to the Australian Financial Review. Sembcorp, according to the AFR, is expected to sign a deal "as early as Thursday". The possible deal was months in the maki ...
5 hours ago
Lim & Tan Securities up Lum Chang Creations’ TP to 70 cents; adds counter to ‘top picks’
Felicia Tan - Lim & Tan Securities’ Chan En Jie has kept his “buy” call on Lum Chang Creations (LCC) with a higher target price of 70 cents as he sees brighter prospects for the urban revitalisation specialist ahead. The target price increase is nearly two times higher than his initiated target price of ...
6 hours ago
India’s regulators order IndiGo CEO to explain mass cancellations
Interruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions
7 hours ago
UBS may cut further 10,000 jobs by 2027: report
The bank has been cutting jobs as a result of the integration of former rival Credit Suisse
7 hours ago
Fed likely to trim rates again this week, but it could be a ‘hawkish’ cut
Futures markets are pricing in a near certainty that it will cut rates by another quarter of a percentage point, bringing them down...
8 hours ago
Preview starts for Coastal Cabana executive condo project next to Downtown East
Kalpana Rashiwala - Prices of three-bedders start from S$1.438 million for a 872 sq ft unit, reflecting S$1,649 psf price
8 hours ago
Small and mid-cap firms hope Value Unlock measure will boost understanding of their businesses
Ranamita Chakraborty - This could lead to better market valuations and stronger investor confidence
9 hours ago
Wall Street bets Chinese stocks will extend US$2.4 trillion rally
Investor perception towards China has shifted from one of scepticism to a recognition
13 hours ago
S-Reits set for best year since 2019 with 14.7% total returns in the year to date
Of the 33 iEdge S-Reit Index constituents, 29 posted positive total returns in the year to date
13 hours ago
Q&M Dental, Frencken, Zhongmin Baihui Retail, Accrelist directors add to stakes
Over the five trading sessions,from Nov 28 to Dec 4, more than 80 director interests and substantial shareholdings were filed
1 day ago
Netflix's Warner Bros acquisition sparks backlash
WASHINGTON: Netflix faced fierce criticism on Friday (Dec 5) over its blockbuster deal to acquire Warner Bros, the storied Hollywood studio.The streaming giant is already viewe
1 day ago
Meta delays release of Phoenix mixed-reality glasses to 2027, Business Insider reports
[Bengaluru] Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to get the details right, Business Insider reported...
2 days ago
Vietnam November exports down 7.1% from October
HANOI, Dec 6 : Vietnam's exports in November fell 7.1 per cent from October to $39.07 billion, government data showed on Saturday.Imports in the month fell 3.7 per cent from the previous month to $37.98 billion, translating into a trade surplus of $1.09 billion, the National Statistics Office s ...
2 days ago
Vietnam's trade surplus with US hits record as exports surge despite tariffs
Exports to the US rose year-on-year by 22.5 per cent in November, outpacing shipments to the rest of the world.
2 days ago
Millennium, Jane Street show Hong Kong’s lure for key IPO investors
[HONG KONG] The blistering rebound in Hong Kong listings this year has lured a wave of big names into the role of...
2 days ago
SoftBank in talks to buy data-centre investor DigitalBridge
[TOKYO] SoftBank is in talks to acquire DigitalBridge Group, a private equity firm that invests in assets such as data centres, as...
2 days ago
Exclusive-How Netflix won Hollywood's biggest prize, Warner Bros Discovery
LOS ANGELES/NEW YORK, Dec 5 : What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment business landscape, people with direct knowledge of the deal told Reuters.Netflix announced on Fri ...
2 days ago
How Netflix won Hollywood's biggest prize, Warner Bros Discovery
LOS ANGELES: What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment business landscape, people with direct knowledge of the deal told Reuters.Netflix announced on Friday (Dec 5) it ha ...
2 days ago
Hollywood unions alarmed by Netflix's $72 billion Warner Bros deal
Dec 5 : Hollywood unions and theater owners on Friday sounded the alarm over Netflix's proposed $72 billion takeover of Warner Bros Discovery, warning the deal would cut jobs, concentrate power and reduce theatrical movie releases if the deal passes regulatory review.The deal would place the st ...
2 days ago
We said it ... but Singapore did it
Tong Kooi Ong + Asia Analytica - Remember the public outrage when insurance companies hiked premiums by between 40% and 70% in late 2024? It sparked a nationwide debate of why and who is to blame and, more importantly, suggestions on what can be done to minimise healthcare costs escalation that will result in similar steep hikes in ...
2 days ago
Outlook for the ringgit: Between structural drag and cyclical relief
Tong Kooi Ong + Asia Analytica - Last week, we showed that external factors were the reasons for the surge in the ringgit in the last year, and especially during the recent three months. With Bank Negara Malaysia (Bank Negara) unlikely to cut its policy rates in the near term, while the US Federal Reserve was widely anticipated to ...
2 days ago
Warner CEO Zaslav poised to become billionaire from Netflix deal
[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more...
2 days ago
Meta buys AI wearables startup Limitless
[NEW YORK] Meta on Friday (Dec 5) confirmed it is buying Limitless, a US startup that makes a wearable pendant that records...
2 days ago
Far East Hospitality’s Arthur Kiong looks back on 4 decades in the hotel industry
Jessie Lim - He says the sector has provided him with more opportunities than he dared to dream of
2 days ago
US: Wall St closes with slight gains as data keeps Fed cut expectations on track
[NEW YORK] US stocks closed out the trading week with slight gains on Friday (Dec 5) as the latest flurry of economic...
2 days ago
Commentary: The US may be running the wrong AI race
China’s favouring of small and cheap models such as DeepSeek could prove to be the better bet, says John Thornhill for Financial Times.
2 days ago
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
[NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the...
2 days ago
Europe: Shares clock weekly gains on ongoing Fed cut optimism
[BENGALURU] European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed...
2 days ago
US lawmakers press Google, Apple to remove apps tracking immigration agents
Dec 5 : The House Committee on Homeland Security has asked Google and Apple to detail what steps they are taking to remove mobile applications that allow users to track federal immigration officers.In letters sent on Friday to Google CEO Sundar Pichai and Apple head Tim Cook, committee leaders singl ...
2 days ago
Meta acquires AI-wearables startup Limitless
Dec 5 : Meta has acquired AI-wearables startup Limitless, maker of a pendant-style device that records and transcribes real-world conversations, as the social media giant doubles down on efforts to build AI-enabled consumer hardware."Meta recently announced a new vision to bring personal superi ...
2 days ago
SoftBank in talks to buy digital infra firm DigitalBridge, source says
Dec 5 : SoftBank is in talks to acquire digital infrastructure firm DigitalBridge, a source familiar with the matter told Reuters on Friday, as the Japanese conglomerate seeks to tap the firm's AI-linked portfolio.The deal could be struck by the end of the year, the source said. DigitalBridge a ...
2 days ago
Instant view: Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion
Dec 5 : Netflix has agreed to buy Warner Bros Discovery's TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer.Buying the owner of marquee franchises, including "Game of Thr ...
2 days ago
Singapore Paincare privatisation bid fails as offeror fails to meet conditions by deadline
Elysia Tan - The counter will resume trading on Dec 8