9 minutes ago
NSE said to start marketing US$3 billion India IPO next week
The exchange has appointed about 20 banks to work on the share sale
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
16 minutes ago
From shampoo to cookies, consumer products get an AI makeover
VIENNA, July 6 : French cosmetics company L'Oreal has used AI to identify molecules in its skincare products that can be repurposed for use in shampoo and can now create products four times faster than before, a senior executive told Reuters.Consumer companies, including Nescafe owner Nestle, S ...
1 hour ago
Singapore retail sales up 3% in May, missing forecasts
Low Youjin - Most retail sectors record year-on-year growth in sales
2 hours ago
Hong Kong's Far East Consortium sells student housing to JD.com for $95.6 million
HONG KONG, July 6 : Hong Kong property developer Far East Consortium (FEC) said in a filing published on Monday that it has agreed to sell a student accommodation project to a unit of JD.com for HK$750 million ($95.63 million). • This is the second property JD.com has bought in Hong Kong in less t ...
2 hours ago
ByteDance, Alibaba pull AI companions as Beijing tightens rules
In the US, tech platforms have come under intense legal scrutiny for similar features
2 hours ago
Unease over Korea leveraged ETFs grows as lawmakers demand fix
Concerns about such ETFs, which potentially amplify volatility, are rising among policymakers and investors
2 hours ago
US beef exports to China to pick up as rivals exhaust quotas
Brazil, Argentina and Australia were China’s top foreign suppliers in 2025
3 hours ago
OCBC's Lim maintains Parkway Life REIT at 'add' following nursing home divestment
The Edge Singapore - Ada Lim of OCBC Group Research has maintained her "buy" call on Parkway Life REIT but with a slightly trimmed fair value of $4.80 from $4.82. The REIT, which focuses on healthcare properties, announced on June 30 the divestment of a nursing home in Japan to its operator for $9.4 million, w ...
3 hours ago
Thailand's June headline CPI up 2.42% y/y, below forecast
BANGKOK, July 6 : Thailand's headline consumer price index rose by 2.42 per cent in June from a year earlier, following an annual rise of 2.79 per cent the previous month, the commerce ministry said on Monday.• The reading compared with a forecast increase of 2.79 per cent in a Reuters poll, ...
3 hours ago
Goldman cuts yen forecast to 165 per US dollar, likes carry trades
The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg
3 hours ago
Goldman cuts yen forecast to 165 per dollar, likes carry trades
The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg
3 hours ago
RHB's Yeo raises target price for Sheng Siong to $3.59 on new store openings
The Edge Singapore - Alfie Yeo of RHB Bank Singapore has maintain his "buy" call and also raised his target price for Sheng Siong Group from $3.45 to $3.59 on expectations that earnings is growing from contributions from newly-opened stores. The supermarket chain operator opened 12 new stores in FY2025, and ea ...
3 hours ago
China steps up financial risk cleanup under new top regulator
This underscores authorities’ increasing efforts to contain financial risks and strengthen market discipline
3 hours ago
Samsung likely to post 18-times jump in profit on surging AI demand for memory
Analysts expect the memory market to remain undersupplied at least to next year
3 hours ago
Does progressive payment for new projects fuel high new condo prices?
Leslie Yee - Buyers may be acting aggressively when considering purchases of uncompleted homes with a progressive payment scheme available, compared to resale units
3 hours ago
Singapore, China should deepen cooperation in green transition, AI and ageing: Chee Hong Tat
Low Youjin - He says closer collaboration could benefit both countries and the wider region
4 hours ago
PayNow eyes merchant, business payments in next growth phase, puts heat on card networks
Tan Nai Lun - The upgrades promise to make PayNow cheaper, faster, more intuitive and efficient for this segment of users: observers
4 hours ago
CGSI trims target price for Sembcorp Industries to $7.15 on softer renewable energy contributions
The Edge Singapore - Lim Siew Khee and Meghana Kande of CGS International have trimmed their target price for Sembcorp Industries to $7.15 from $7.68, on expectations that the coming 1HFY2026 earnings will be softer. Specifically, Sembcorp will likely report lower renewable energy performance in two of its key markets o ...
4 hours ago
Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely
Sharanya Pillai - Firms expected to be prudent amid ongoing volatility, with lessons learnt from business failures in the 2021 crisis
4 hours ago
Asian shares drop on chips, US dollar edges higher
MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%
4 hours ago
Asian shares rise as tech rebound holds, oil slips
MSCI’s Asia Pacific Index climbs 0.3% as South Korean shares lead regional gains
4 hours ago
Asian shares drop on chips, dollar edges higher
MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%
5 hours ago
Gold trades near two-week high on cooling US rate-hike bets
Traders now see about a 55% chance of a rate increase in September
5 hours ago
Ringgit may rebound on capital flow measures: analysts
The currency has outperformed all Asian peers since BNM pledged on Jun 24 to intensify efforts to boost inflows
5 hours ago
Record wave of IPO lock-up shares to hit Hong Kong market
The eye-catching returns of new listings could further fuel profit-taking pressure
5 hours ago
Bankers say Asia loan market to stay weak as war saps confidence
The Middle East conflict has delayed investment and deal-making in the region
5 hours ago
Analysts up Sats target prices on cargo recovery, strategic growth
Shikhar Gupta - Leading the optimism is a faster-than-expected recovery in the global air freight market
5 hours ago
Asian shares slip as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.While there were no new developments in ...
5 hours ago
Asia shares sputter as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets sputtered on Monday as caution took hold ahead of a crucial earnings season for the AI sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.While there were no new developments in the fractious U.S ...
5 hours ago
Shares edge higher in Asia as oil dips, earnings loom
SYDNEY, July 6 : Asian share markets were mostly firmer on Monday, as Wall Street futures started the week with gains on hopes for an upbeat earnings season, while easing oil prices promised relief from inflationary pressures.While there were no new developments in the fractious U.S.-Iran peace talk ...
6 hours ago
Europe’s heatwave is bright spot for China’s portable AC makers
Only a fifth of European households have air conditioning, International Energy Agency data shows
6 hours ago
South Korea starts 24-hour trading of dollar-won
SEOUL, July 6 : South Korea launched its historic 24-hour onshore spot dollar-won trading system on Monday as part of efforts to broaden currency convertibility as it aims to win an upgrade to developed market status on the MSCI global index. The onshore market opened at 6 a.m. on Monday (21:00 GMT ...
6 hours ago
Stocks to watch: SIA Engineering, Boustead
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jul 6):
6 hours ago
South Korea's SK Hynix to launch $28 billion US listing to ride global AI wave
July 6 : South Korean chipmaker SK Hynix will on Monday launch its about $28 billion U.S. listing, according to its regulatory filings, in one of the world's largest new share sales as it capitalizes on the global AI boom.The company will sell 17.79 million new shares in the depository receipt ...