1 hour ago
Asian stocks mixed and oil rises as US, Iran call end to latest attacks
Equity markets fluctuated, with Hong Kong, Manila, Sydney, Taipei and Wellington up but Jakarta, Seoul, Shanghai, Singapore and Tokyo down.
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 hour ago
Ng of uSmart downgrades HPH Trust to 'hold' on 'structural leakage'
The Edge Singapore - Ng Xin Yang of uSmart Securities has downgraded his call for Hutchison Port Trust Holdings to "hold" from "buy", along with a lower target price of 19 US cents, down from 25 US cents, after forming a view that operational improvements and better cash flow generated by the termina ...
2 hours ago
China’s central bank debuts overnight reverse repo operation, withholding key interest rate
The bank conducts 300 billion yuan of overnight reverse repurchase agreements in open market operations
2 hours ago
Golden Mile Tower cinema space launched for sale with S$31 million guide price
Deon Loke - This translates to roughly S$295 per square foot
2 hours ago
CGSI, DBS and PhillipCapital like Thai Beverage with Vietnamese milk
Lin Daoyi - After Thai Beverage’s annual information meeting on June 24, CGS International (CGSI), DBS and PhillipCapital analysts reiterate their liking for Chang Beer’s maker, which holds an indirect stake in Vietnamese dairy goods producer Vinamilk. CGSI’s Meghana Kande and Lim Siew Khee maintain their ...
2 hours ago
Analysts keep ‘buy’ on OUE REIT following latest proposed divestment of Crowne Plaza Changi Airport
Teo Zheng Long - Analysts from DBS Group Research, Maybank Securities and OCBC Group Research remain positive on OUE REIT (SGX: TS0U ) following the recent announcement on the proposed divestment of Crowne Plaza Changi Airport for $500 million. Tabitha Foo of DBS Group Research feels that this divestment is a positi ...
2 hours ago
Young Singaporeans devote two-fifths of income to family, delaying financial readiness: Manulife survey
Shikhar Gupta - At least 75% of respondents under 35 feel family responsibilities hinder their long-term financial readiness
2 hours ago
Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension
HONG KONG, June 29 : The U.S. dollar was on the defensive on Monday but remained on track for its biggest monthly gain in nearly a year, due to tension in the Gulf and ahead of jobs data that could shape the Federal Reserve's rate path.The U.S. and Iran traded fresh barbs over the weekend befor ...
3 hours ago
Philippines leads the world in rush to solar as power prices soar
Panel imports rose 145% on the year to US$407 million for the three months through May
3 hours ago
Gold declines as fresh US-Iran tension fans inflation concerns
Gold is down about 23% since the US and Israel launched strikes on Iran in late February
4 hours ago
Stocks to watch: Keppel, First Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect the trading of their securities on Monday (Jun 29):
4 hours ago
Individual who made US$127.6 million claim on Keppel unit’s Jakarta land further appeals court decision
Deon Loke - This latest appeal follows two consecutive legal victories for Keppel earlier this year
4 hours ago
China, India see top firms lose market cap share in AI lag
These markets’ benchmarks have largely underperformed, especially compared to Taiwan and South Korea
4 hours ago
Australia’s AI startup Firmus and Singapore-based DayOne to build Indonesia data centre with Nvidia
The deal comes as the startup is expected to undertake an initial public offering this year
5 hours ago
Sovereign investors with US$29 trillion pivot to energy assets, flag dollar fears
61% of central banks say US debt hurts the dollar’s long-term reserve role
5 hours ago
Beyond the assembly line – Can Malaysia climb the semiconductor value chain?
The conditions to produce the next generation of local semiconductor companies appear better today than ever
5 hours ago
Homes for living, not holding: Vietnam’s bold property pivot
Jamille Tran - As real estate prices rise, Hanoi is turning the rental market into a crucial pillar of its policy
5 hours ago
If CEO succession is so well researched, why do so many boards still get it wrong?
Directors should rethink the questions they are asking
5 hours ago
Killiney Group steps up food manufacturing for retail, explores opening first Japan outlet in Tokyo
Paige Lim - The heritage kopitiam operator also aims to secure the UAE as a new export destination by 2027
5 hours ago
Silver remains under pressure as sell-off continues
Silver has experienced a dramatic boom-and-reset cycle over the past 18 months. After starting 2025 below US$29 an ounce, the metal surged...
5 hours ago
Why most IPOs fail – and most of 2026’s likely will
Vivien Shiao - Blockbuster IPOs are drawing investors in, but history suggests the biggest gains often go to those selling shares
5 hours ago
Samsung, SK to invest 2,000 trillion won in South Korea’s new ‘three mega projects’ over 10 years
The two companies will also outline investment plans following the policy announcements
5 hours ago
South Korea to unveil ‘three mega projects’ with Samsung, SK Group
The two companies will also outline investment plans following the policy announcements
6 hours ago
Oil climbs following renewed US, Iran strikes in Middle East
Brent crude futures climb 50 cents, or 0.69 per cent, to US$72.49 a barrel
6 hours ago
Iran and US agree to halt attacks and renew talks: report
President Trump says the US may ‘militarily complete the job’
10 hours ago
Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
June 28 : Baidu's chip unit, Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday, citing two sources. Reuters could not immediately verify the report.
14 hours ago
Pritam Singh re-elected, cementing his position as WP party chief
A group of unhappy cadres had earlier failed to force his resignation
14 hours ago
Australia's Firmus Technologies strikes AI access deal with Nvidia
SYDNEY, June 29 : Australian AI infrastructure company Firmus Technologies said on Monday it had signed a strategic partnership with Nvidia Corp to help provide emerging AI firms with more cost-effective access to computing power.• Firmus said the deal would see it buy Nvidia infrastructure and se ...
15 hours ago
Saudi Aramco helicopter crash kills 14 nationals
This comes as Middle East producers ramped up oil and gas output and exports ahead of the US-Iran peace deal
15 hours ago
Austria urges Europe to host Anthropic following US curbs on AI access
VIENNA, June 28 : Austria has proposed that the European Union should consider hosting Anthropic within the bloc's borders in order to counter efforts by the United States to block foreigners from using the AI company's most advanced models.In a letter to EU Technology Commissioner Henna V ...
15 hours ago
Austria lobbies EU to host Anthropic AI after US curbs, Bloomberg News reports
June 28 : Austria is pushing the European Union to consider hosting Anthropic AI system within its borders to counter efforts by the U.S. to block foreigners from using the company's most advanced models, Bloomberg News reported on Sunday. Reuters could not immediately verify the report. (Sum
16 hours ago
Europe’s hunt for AI stocks leads to power suppliers and banks
INVESTORS who want additional exposure to artificial intelligence in Europe are getting creative, searching out companies that enable the technology or stand...
16 hours ago
JustCo’s dismal debut: Did institutional investors misjudge the company’s public market value?
Ben Paul - Despite pivoting to profitability and laying out growth plans, its shares have slumped 42.6% below their IPO price
18 hours ago
New Online Safety Commission opens its doors to help victims tackle harmful content
It will have legal authority to force platforms and group administrators to remove harmful content quickly