14 minutes ago
China's Xiaomi posts first quarterly profit decline in three years
Adjusted net profit for the quarter to December 31 fell to 6.3 billion yuan
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
27 minutes ago
CEO of F&N Lim Yew Hoe to retire after 11-year run
Chloe Lim - Industry veteran Tarang Gupta will succeed Lim
35 minutes ago
Investors bet Iran war will boost Chinese renewables demand
Asia’s energy pivot, fuelled by security fears and US policy distrust
58 minutes ago
PM Wong to visit China from Mar 25 to 28 to deliver keynote speech at ‘Asian Davos’ forum in Hainan
Tessa Oh - He will also travel to Hong Kong to meet Chief Executive John Lee and engage business leaders
1 hour ago
Singapore stocks rebounds on Tuesday; STI up 0.4%
Benjamin Cher - Across the broader market, gainers beat losers 400 to 181, after 1.6 billion securities change hands
1 hour ago
Maybank raises Grab’s target price to US$6.48 on proposed acquisition of foodpanda Taiwan
Koh Kim Xuan - But DBS keeps its rating and target price unchanged for the company behind the superapp
1 hour ago
Revolut revenue soars 46% to £4.5 billion as customers surge
That beat the £4.2 billion average analyst estimate compiled by Bloomberg
1 hour ago
European car sales rise as EV demand gains momentum
New-vehicle registrations rose 1.7% in February from a year earlier to 979,321 units
1 hour ago
Australia, EU agree sweeping new trade pact eight years in the works
CANBERRA: The European Union and Australia struck a long-awaited free-trade deal on Tuesday (Mar 24), while also agreeing to boost defence cooperation and access to crucial rare-earth minerals in the face of global uncertainty over trade.EU chief Ursula von der Leyen's visit to Australia comes ...
1 hour ago
Japan’s SMFG prepares for possible takeover of Jefferies, FT reports
It is preparing for a potential move if a drop in the US investment bank’s share price creates an opportunity, sources say
2 hours ago
Sembcorp picks banks for A$3 billion Alinta loan in Aussie push
The loan arrangers are ANZ Group Holdings, DBS Group Holdings and OCBC, sources say
2 hours ago
SIA to launch flights from new, 24-hour Western Sydney airport on Nov 23
Shikhar Gupta - The curfew-free hub will allow the carrier to bypass the existing Sydney airport’s curfews with overnight schedules
2 hours ago
SIA to launch flights from new, curfew-free Western Sydney airport on Nov 23
Shikhar Gupta - The 24-hour hub will allow the carrier to bypass the existing Sydney airport’s curfews with overnight schedules
2 hours ago
Ground-floor corner unit along East Coast Road up for sale at $19.9 mil target price
Jovi Ho - A 4,736 sq ft ground-floor corner unit along East Coast Road currently leased to preschool operator Pink Tower Montessori is up for sale, according to exclusive marketing agent Loyalle Chin of Steward Asia, under PropNex Realty. City & Country understands the target price is $19.9 million, which ...
2 hours ago
Saudi Arabia, Kuwait to pursue energy deals despite war
Gulf states are keen to portray a business-as-usual approach despite Iran’s attacks
3 hours ago
Japan's cherry blossom picnics feel the pinch of global inflation
TOKYO, March 24 : Global inflation is taking a bite out of Japan's iconic "hanami" cherry blossom picnics, with an index tracking food and drink costs up 25 per cent since 2020, private think tank Dai-ichi Life Research Institute said on Tuesday.Around late March to early April of eac ...
3 hours ago
Temasek-backed Manipal Hospitals files for US$1.2 billion India IPO
Manipal’s IPO plans come amid a sharp slump in India’s equities market
3 hours ago
Temasek-backed Manipal Hospitals files for US$1 billion India IPO
Manipal could become India’s most valuable healthcare operator after the listing
3 hours ago
Not April Fool’s: Invest in Singapore equities fund from just $1
Lin Daoyi - Customers of MariBank may soon start investing in the Amova Singapore Dividend Equity Fund with a minimum of $1, free of transaction fees. In an announcement, Maribank says that it is the first digital bank to launch such an offering by partnering Amova Asset Management to distribute the afore-menti ...
3 hours ago
Jefferies shares surge on report of Japan's SMFG preparing for potential buyout
March 24 : Jefferies shares surged 10 per cent in premarket trading on Tuesday after the Financial Times reported that Japan's Sumitomo Mitsui Financial Group is working on plans for a possible takeover of the U.S. investment bank.SMFG, which owns a 20 per cent stake in the bank, has assembled ...
3 hours ago
Japan's SMFG prepares for possible takeover of Jefferies, FT reports
March 24 : Japan's Sumitomo Mitsui Financial Group is working on plans for a possible takeover of Jefferies, the Financial Times reported on Tuesday, sending shares of the U.S. investment bank up 9 per cent in premarket trading.SMFG, Japan's second-largest banking group, has assembled a sm ...
3 hours ago
Japan's SMFG plans for possible takeover of Jefferies, FT reports
March 24 : Japan's Sumitomo Mitsui Financial Group is working on plans for a possible takeover of U.S. investment bank Jefferies, the Financial Times reported on Tuesday.Jefferies shares rose 6 per cent in trading in Frankfurt after the FT report.SMFG has tasked a team with making sure it is re ...
4 hours ago
Revolut posts US$1.7b in net profit for 2025; targets growth in Southeast Asia from Singapore base
Revolut Singapore intends to move into its own office space by the end of 2026, which will be able to accommodate at least 300 people.
4 hours ago
Maybank lists top Singapore stock picks for short, long Iran war
Deon Loke - Its analysts say that they see any (market) pullback as a fresh entry point
4 hours ago
Toyota tender offer for Toyota Industries succeeds, filing shows
TOKYO, March 24 : The Toyota group's tender offer to take supplier Toyota Industries private at a price of 20,600 yen ($129.89) per share was successful, the forklift maker said in a filing on Tuesday.The total number of shares tendered in the offer exceeded the minimum number of shares to be p ...
4 hours ago
Toyota tender offer for Toyota Industries succeeds
TOKYO, March 24 : The Toyota group's tender offer to take supplier Toyota Industries private at a price of 20,600 yen ($129.89) per share has been successful, the forklift maker said in a filing on Tuesday.The deal valued the unit at around $30 billion. According to data from Recofdata going ba ...
4 hours ago
Samsung Electronics, union to resume talks over bonus, union says
SEOUL, March 24 : Samsung Electronics' management and its South Korean workers' union have agreed to resume talks on bonuses, the union said in a statement on Tuesday.The union, representing nearly 90,000 workers accounting for more than 70 per cent of the company's workforce in South ...
5 hours ago
BDx Data Centers and ITE to develop data centre talent with hands-on experience
Nurdianah Md Nur - BDx Data Centers has signed a memorandum of understanding (MOU) with the Institute of Technical Education (ITE) to help build a pipeline of technical talent for Singapore’s digital infrastructure sector. The agreement spans all three ITE colleges and will give students hands-on training at BDx’s ...
5 hours ago
Tiger Beer brewer APBS retrenching staff in Singapore: sources
Renald Yeo - It is unclear how many employees are affected or which functions are involved
5 hours ago
Oracle reworks its finance, procurement apps for AI agents
SAN FRANCISCO, March 23 : Oracle is revamping its cloud-based financial software used by large companies to work with artificial intelligence agents, with a goal of having humans ask the system business questions and letting AI figure out how to find the data.The changes, which Oracle planned to ann ...
5 hours ago
Does foreign ownership matter? Marina Bay Sands’ success benefits Singapore greatly
Leslie Yee - It’s Safe Singapore’s time to shine in drawing premium visitors, as tourism mega hits drive economic growth and create jobs
5 hours ago
Mixue reports 33% jump in profit amid bruising China price war
The Chinese beverage chain has been the world’s largest food & beverage chain by store count
5 hours ago
Broadcom flags supply constraints, says TSMC capacity a bottleneck
TAIPEI, March 24 : Chip designer Broadcom said it is seeing supply chain constraints, including capacity limits at its manufacturing partner TSMC, highlighting the ripple effects of soaring demand for AI chips on the broader tech industry."We are seeing that TSMC is hitting (production capacity ...
5 hours ago
China positions itself as a stable economic force amid global uncertainty at Beijing forum
More US corporate leaders travelled to Beijing for the conference this year