31 minutes ago
What the furore over ‘lower-value human capital’ reveals about AI and the future of banking
Vivien Shiao - Lenders are learning that the artificial intelligence transition requires more than charting productivity gains
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
38 minutes ago
Citi to boost Asia wealth business with ‘significant’ hires, global head says
Its Asia wealth business generated about US$3 billion in revenue in 2025
49 minutes ago
Teo Siong Seng to take leave of absence from SBF, economic task force to deal with US allegations
[SINGAPORE] Teo Siong Seng, the shipping veteran at the centre of an investigation by the United States Justice Department, will take a...
1 hour ago
European shares hit over two-week highs on signs of progress in US-Iran talks
EUROPEAN shares rose to a more than two-week high on Friday, lifted by technology stocks with investors optimistic about signs of progress in...
1 hour ago
StanChart CEO apologises for ‘lower-value’ comments after outcry
The CEO’s remarks drew condemnation on social media and across Asia
2 hours ago
Estee Lauder-Puig talks fail after Charlotte Tilbury tension
Puig and Estee Lauder have been holding talks about a potential business combination since March
2 hours ago
Qatar Airways to skip staff bonuses due to Iran war impact
The carrier has been the most impacted airline in the region by number of suspended flights
2 hours ago
Dr Koh Poh Koon resigns from ministerial roles for ‘family reasons’, will stay on as MP
Chloe Lim - He will remain a Member of Parliament for Tampines GRC
2 hours ago
Earnings miss, downside risks weigh on Singtel shares but RHB sees ‘re-entry opportunity’
Jermaine Fok - Brokerage expects legacy share overhang to clear, bets on telco’s AI, cloud initiatives
2 hours ago
Earnings miss, lower profit forecast weigh on Singtel shares but RHB sees ‘re-entry opportunity’
Jermaine Fok - Brokerage expects legacy share overhang to clear, bets on telco’s AI, cloud initiatives
2 hours ago
How China uses a ‘national team’ to influence trading
Beijing sees a stable, steadily rising stock market as essential to the country’s economic transition
3 hours ago
In a ‘period of wonderful uncertainty’, continuous learning builds career resilience
Belle Neo - In this volatile, tension-filled macroeconomic environment, AI is adding to the complexity by rearranging traditional roles on a large scale. The more optimistic view is that this is a “period of wonderful uncertainty”. However, for many young graduates, the more common sentiment is to wonder ho ...
3 hours ago
Banking union urges StanChart to invest in training workers as 'AI should complement employees'
The global bank earlier said it would cut 15 per cent of corporate function roles – or more than 7,000 jobs – by 2030.
3 hours ago
Japan's Nikkei rallies to record close as AI shares shine
[TOKYO] Japan’s Nikkei share average soared to a record-high close on Friday (May 22) as AI shares rallied on the back of...
3 hours ago
Why AI sovereignty, not adoption, will become enterprises’ next growth phase
Bhavya Kapoor - For years, Singapore has spoken about artificial intelligence (AI) as a strategic advantage. In 2026, it moved decisively from words to action. Singapore Budget 2026 marked a clear step‑up from AI ambition to execution. A new National AI Council, chaired by Prime Minister Lawrence Wong, was announ ...
4 hours ago
Taiwan semiconductor firm Kyec pumps S$100 million into new Singapore plant, creating over 300 jobs
Koh Kim Xuan - The project is aimed at serving the ‘growing demand for automotive, high-performance AI products’
4 hours ago
Taiwan semiconductor firm Kyec pumps S$100 million in new Singapore plant, creates over 300 jobs
Koh Kim Xuan - This will be the company’s first overseas semiconductor testing facility
4 hours ago
What Kwek Leng Peck’s return could mean for CDL
Teo Zheng Long - City Developments (CDL) (SGX: C09 ) has once again made headlines this week, though this round of attention appears notably more positive in tone. On May 18, in an unexpected move, CDL announced that the long-time director, Kwek Leng Peck, will return as a non-independent non-executive director and ...
4 hours ago
Is Singtel keen on M1? It does not really matter
The Edge Singapore - For the last couple of years, the local telecommunications industry has been under strain from intensive competition, pulling down margins as incumbents were forced to match challengers in offering low-price packages. Things were thought to have finally moved along with Keppel selling its subsidiary ...
4 hours ago
AMD ramping up Taiwan capacity as global CPU market tightens
CPUs have taken centre stage as companies and businesses gravitate towards agentic AI
4 hours ago
Airspace bans, Iran war, rising fuel costs: Air India CEO says successor will have ‘hands full’
Campbell Wilson said it was always clear that he would hold a four-year term, but would take steps to help his successor
4 hours ago
Elite UK REIT maps out growth path via diversification into living sector
Teo Zheng Long - Three years ago, Elite UK REIT (SGX: MXNU ) was struggling financially when its aggregate leverage (gearing) hit a high of 47.5% as at Dec 31, 2023 against the regulatory ceiling of 50%. Today, however, the REIT has become more stable and financially sustainable under the guidance of Joshua Liaw, CE ...
4 hours ago
Unearthing the business of Southern Alliance Mining
Lin Daoyi - Rare earth elements (REE) are actually not rare. But publicly listed companies involved in the mining and production of rare earth elements are rare. With more than 600 stocks listed on the Singapore Exchange, Southern Alliance Mining (SAM) is the only company offering investors the opportunity to a ...
4 hours ago
Global fragmentation drives flows to Asean
Goola Warden - The first panel at the OCBC Securities Investment Forum, titled Investing with greater clarity in a fragmented world, comprised two of the local market’s most respected economists: Selina Ling, chief economist & head, Global Markets Research & Strategy, OCBC, and Manu Bhaskaran, CEO, Cente ...
4 hours ago
Investing in a fragmented world
Goola Warden - In Investing with Greater Clarity in a Fragmented World, an OCBC Securities Investment Forum organised by The Edge Singapore and sponsored by OCBC, Manu Bhaskaran, CEO, Centennial Asia Advisors, kicked off the forum with a presentation titled Geopolitics and Megatrends: A New Asset Pricing Regime. I ...
4 hours ago
Lenovo shares near all-time high after strong AI growth
For the fiscal year ended March, the PC maker reports profit up 38% while it grows revenue by 20%
4 hours ago
Asia’s gold rush fuelled by wealth flows: OCBC
Lin Daoyi - Robust demand for gold in Asia has been fuelled by rising wealth in the region, says Jimmy Poh, OCBC’s managing director of asset allocation, risk strategy and XVA in global markets. “Asia is still seeing robust demand in gold in contrast to Western markets where demand has stabilised and even d ...
4 hours ago
How tokenisation is redrawing market access
Nurdianah Md Nur - One of finance’s most stubborn problems comes down to access: who gets through the door in the first place, and why so little has changed. Retail investors have long been shut out of some of the most reliable sources of returns in finance. Trade finance, private credit, and institutional fixed inc ...
5 hours ago
From idle shares to lending income
Nurdianah Md Nur - Retail investors may soon find that some of the shares sitting untouched in their brokerage accounts are worth more to the market than they realised. Securities lending is a long-standing part of institutional finance in which shares are temporarily loaned to banks, broker-dealers and other market p ...
5 hours ago
Game-changing EQDP makes Singapore stocks ‘exciting’ amid global volatility, says OCBC
The Edge Singapore - Markets are volatile, with stormy rain alternating with sunny blue skies. Just four months ago, global markets started on a “very weak” note. The US shocked the entire Americas and beyond with the invasion of Venezuela, which was followed by the attacks on Iran. As a result, markets suffered a h ...
5 hours ago
Fuxing CEO Hong: Margin discipline matters more than revenue
Julian Wong - On many pieces of clothing, and likely every bag you own, there is a zipper. Somewhere along the chain of suppliers that brought this unassuming but essential part to market, there is a good chance that it is from a factory in Jinjiang, Fujian. Fuxing China Group has been making zippers since 1992 a ...
5 hours ago
Markets fail to price nature: Menon
Lin Daoyi - Most of nature’s value is not priced, reflecting a “foundational” market failure, says Ravi Menon, Singapore’s climate action ambassador. Menon was formerly the managing director of the Monetary Authority of Singapore from 2011 to 2023. Speaking at the Nature means business: Opportunities in ...
5 hours ago
Trump-Xi meeting ‘long on symbolism, short on substance’: Asia Group
Kwan Wei Kevin Tan - The summit between US President Donald Trump and Chinese President Xi Jinping on May 14-15 concluded with considerable fanfare, but produced limited publicly available detail. “This summit was long on symbolism, short on substance,” says Evan Medeiros, senior advisor at The Asia Group, during a ...
5 hours ago
US-China summit leaves Asia just a little better off
Manu Bhaskaran - The relationship between China and the US, the world’s two superpowers, is the most consequential bilateral relationship in the world. So, the very fact that Chinese President Xi Jinping hosted US President Donald Trump in Beijing for the first full-fledged summit meeting between the two countries ...