6 hours ago
UI Boustead Reit, Boustead unit to co-invest in S$104 million Seletar aerospace facility
Evan See - The real estate investment trust may fully purchase the asset after it gets a temporary occupation permit
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
7 hours ago
Fed’s Waller says next move as likely to be rate hike as cut
FEDERAL Reserve Governor Christopher Waller said he supports making clear the central bank’s next interest-rate move is just as likely to be...
7 hours ago
SGX RegCo sets three year limit on cure period for suspended companies
Teo Zheng Long - The Singapore Exchange Regulation (SGX RegCo) announced that it will require suspended issuers to resolve substantive underlying concerns within three years as it works towards keeping trading suspension to the minimum and giving more certainty to the timeline for delisting. SGX RegCo explains that ...
8 hours ago
China probes 'illegal' brokers in cross-border trade crackdown including Tiger Brokers
Regulators say the brokers had conducted securities-related business in China "without obtaining the necessary approvals or licences".
8 hours ago
Attika Group plans one-for-one bonus share issue
Teo Zheng Long - Attika Group (SGX: 53W ) is planning for a one-for-one bonus share issue to enhance affordability and accessibility for investors. With this proposed bonus issue, the company’s total share base is expected to double to 269,752,000 shares. Attika Group explains that this proposed bonus issue is bei ...
8 hours ago
The Hour Glass reports FY2026 earnings of $179.5 mil, up 32% y-o-y; declares final dividend of 4 cents
Teo Zheng Long - The Hour Glass (SGX: AGS ) has reported earnings of $179.5 million for the FY2026 ended March 31, up 32% y-o-y. Earnings per share was up 33% to 22.79 cents in the same period. Revenue rose 15% y-o-y to $1.34 billion driven by stronger sales momentum while profit before taxation was up 34% y-o-y to ...
9 hours ago
Wall St rises at open, Dow hits record high
[NEW YORK] Wall Street’s main indexes opened higher on Friday (May 22) with the Dow hitting an intraday record high as investors...
9 hours ago
ComfortDelGro's largest shareholder tops up stake with open market buying at average of $1.29
The Edge Singapore - Silchester International Investors, the largest shareholder of ComfortDelGro, has taken advantage of a recent drop in the share price to further add to its stake. On May 21, the asset manager paid an average of $1.2908 to buy nearly 1.94 million shares. This brings its total holdings to around 196.8 ...
9 hours ago
STI breaks out as investors baulk at JustCo’s high PE ratio
Goola Warden - There was good news and bad news in the market on Friday, Mar 22. The good news is that the Straits Times Index has broken out of a four-times-tested resistance at the 5,030-5,040 range, setting an upside of around 5,740 initially, and 6,000 subsequently. Since both 21-day RSI and quarterly momentum ...
11 hours ago
Singapore stocks close higher amid cautious Middle East outlook; STI up 0.4%
Chloe Lim - Keppel leads the gainers on the blue-chip index
11 hours ago
SGX RegCo sets three-year limit for suspended companies to resolve concerns
Evan See - The regulator will delist issuers who do not show progress with sufficient urgency
12 hours ago
Bank of Japan’s Ueda says he met PM Takaichi, explained thinking on monetary policy
[TOKYO] Bank of Japan Governor Kazuo Ueda said he met Prime Minister Sanae Takaichi on Friday and explained the central bank’s basic...
12 hours ago
Bank of Japan chief says he agreed to maintain dialogue with PM, no talk of June rate hike
[TOKYO] Bank of Japan Governor Kazuo Ueda said on Friday he had agreed to communicate closely with Prime Minister Sanae Takaichi on...
12 hours ago
Singapore can gain from China’s growing markets, must ‘embrace’ AI as the Chinese have: SM Lee
Tan Weizhen - Everyone in the city-state has to learn to adopt artificial intelligence, he adds
12 hours ago
The Hour Glass H2 profit jumps 39% to S$103.8 million on higher sales
Evan See - Its full-year earnings are up 32% at S$179.4 million
13 hours 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
13 hours 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
13 hours 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...
13 hours 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...
13 hours ago
StanChart CEO apologises for ‘lower-value’ comments after outcry
The CEO’s remarks drew condemnation on social media and across Asia
14 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
14 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
14 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
14 hours ago
Koh Poh Koon resigns from ministerial roles for ‘family reasons’, will stay on as MP
Chloe Lim - He will relinquish his appointments on Jun 1, but keep serving Tampines Central residents
14 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
14 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
14 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
15 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 ...
15 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.
15 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...
15 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 ...
16 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
16 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’
16 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 ...