34 minutes ago
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 hour ago
OCBC Group Research initiates coverage on Nordic Group with ‘buy’ call and fair value of 59 cents
Teo Zheng Long - OCBC Group Research analyst Bryan Goh has initiated a “buy” call on Singapore-based engineering solutions provider Nordic Group (SGX: MR7 ) with a fair value of 59 cents. In his Jan 15 report, Goh pointed out that as part of Nordic’s growth strategy, it has acquired seven companies since its l ...
1 hour ago
Dollar poised for third weekly gain as buoyant data seen keeping Fed cuts at bay
TOKYO, Jan 16 : The dollar was poised for a third weekly gain on Friday after positive U.S. economic data lowered expectations for rate cuts by the Federal Reserve anytime soon.The greenback rose overnight on a surprise decline in weekly jobless figures and was steady in Asian morning trade. The yen ...
2 hours ago
PC Partner’s shift to Singapore to secure Nvidia chip supply; earnings growth seen to continue
Lin Daoyi - Global investors have grown enamoured of Nvidia Corp for its key role in powering AI capabilities, driving its valuation up to the multi-trillions. However, well before Nvidia’s chips became the favoured brains of AI, it was responsible for enriching the gaming experience of millions, thanks to it ...
2 hours ago
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
Shikhar Gupta - The incoming chief was formerly a managing director at GIC
2 hours ago
Brokers' Digest: Reclaims Global, ASL Marine, NTT DC REIT, Food Empire, ThaiBev, Elite UK REIT, PropNex
The Edge Singapore - Reclaims Global Price target: UOB Kay Hian ‘buy’ 56 cents Strong construction industry tailwinds UOB Kay Hian analysts Tang Kai Jie and Heidi Mo have initiated coverage on Reclaims Global with a “buy” call and 56 cents target price, as they believe that the company, as one of Singapore’s t ...
2 hours ago
HSBC to conduct ‘strategic review’ of HSBC Life
Navene Elangovan - This is part of the group’s ‘ongoing simplification’ globally
2 hours ago
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
Empire Wind developer Equinor says it would lose over US$1b in contracts if project does not restart soon
2 hours ago
NODX grew by 6.1% y-o-y in December 2025; NODX up by 4.8% for the year
Felicia Tan - Singapore’s non-oil domestic exports (NODX) grew by 6.1% y-o-y in December 2025, moderating from the double-digit expansions seen in October and November. This brings NODX for the full year to 4.8%. In December, electronic and non-electronic exports rose. Electronic NODX expanded by 24.9% y-o-y wi ...
2 hours ago
Singapore’s key exports growth eases to 6.1% in December, falling short of forecasts
Elysia Tan - Both electronics and non-electronics exports expand
3 hours ago
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16):
3 hours ago
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
Shikhar Gupta - The logistics property will be leased back to DHL once the deal is completed
3 hours ago
A long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks
3 hours ago
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
[FRANKFURT] The European Central Bank will not debate any rate change in the near term if the economy stays on course, but...
3 hours ago
US asks allies to step up measures on Chinese minerals
[NEW YORK] The US will convene dozens of foreign ministers from allied countries next month to pursue an agreement designed to help...
3 hours ago
White House says 25% semiconductor tariffs a 'phase one' action
WASHINGTON, Jan 15 : The U.S. Commerce Department's 25 per cent national security tariff on certain high-end semiconductors announced on Wednesday is a "phase one" action to protect the sector and could be followed by other announcements pending negotiations with other countries and c ...
3 hours ago
Bank of Japan is said to heighten focus on price impact of weak yen
Japanese businesses are turning increasingly vocal about foreign exchange rates
3 hours ago
CLAR acquires logistic asset in US in sale and leaseback from DHL
The Edge Singapore - On Jan 16, CapitaLand Ascendas REIT (CLAR) announced the acquisition of DHL Canal Winchester, a modern Class A logistics property in Columbus, Ohio for $94.5 million, a 3.3% discount to the independent market valuation of the property of $97.7 million as at Jan 1, 2026. The total acquisition cost in ...
4 hours ago
Texas homebuilder to launch crypto rewards after SEC green light
NEW YORK, Jan 15 : Privately held Texas homebuilder Megatel Homes LLC said on Thursday it will start issuing a crypto payments and rewards token.The announcement came after the Securities and Exchange Commission sent Dallas-based Megatel a "no-action" letter late Thursday, effectively allo ...
4 hours ago
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating
4 hours ago
What are significant risk transfers – and why is DBS reportedly considering them?
Renald Yeo - Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals
4 hours ago
Secondary listings on SGX set to grow in 2026, but regulatory frictions loom
Ranamita Chakraborty - Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential
4 hours ago
Memory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom
4 hours ago
AI hyperscalers will drive higher US corporate bond supply in 2026, analysts say
WASHINGTON, Jan 15 : U.S. corporate bond issuance is expected to increase substantially in 2026, driven in part by AI hyperscaler companies' build-out needs, analysts forecast.While pent-up M&A activity and a need by companies to refinance existing debt will likely contribute to higher over ...
4 hours ago
IMF’s Georgieva says central bank independence critical, backs Powell
[KYIV] International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind...
4 hours ago
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
[WASHINGTON] JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by...
4 hours ago
US, Taiwan reach trade deal focused on semiconductors, US Commerce Department says
Chipmakers like TSMC that expand US production will get a lower tax rate for semiconductors they import into the country
5 hours ago
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude...
5 hours ago
Fed officials back rate-cut pause as inflation concerns linger
The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting
5 hours ago
Oil settles down 4% as Trump comments ease Iranian supply concerns
[HOUSTON] Oil prices settled down around 4 per cent on Thursday ending a five-day streak of gains after US President Donald Trump said...
5 hours ago
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and...
5 hours ago
US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
[NEW YORK] US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly...
6 hours ago
California set to approve Verizon acquisition of Frontier
Jan 15 : The California Public Utilities Commission is set on Thursday to approve Verizon Communications's (VZ.N) $20 billion deal to acquire fiber-optic internet providers Frontier Communications (FYBR.O) after a series of conditions agreed to by the U.S. telecom company, board members said. ...
6 hours ago
California approves Verizon acquisition of Frontier, clearing way for closing
Jan 15 : The California Public Utilities Commission on Thursday approved Verizon Communications' $20 billion deal to acquire fiber-optic internet providers Frontier Communications , clearing the way for the deal to close on Tuesday after Verizon agreed to a series of conditions.California state ...