23 minutes ago
Baker McKenzie Wong & Leow appoints Kelvin Poa as Singapore managing principal
Tessa Oh - The veteran funds and employment lawyer succeeds James Huang, who has helmed the firm since 2023
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
38 minutes ago
China asks banks to report exposure to Venezuela after US raid
The directive underscores growing concerns among regulators about potential shocks to the banking sector
53 minutes ago
Foxconn's Q4 revenue surges 22% to record high on AI demand
TAIPEI, Jan 5 : Taiwan's Foxconn, the world's largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong demand for artificial intelligence products.Revenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped 22 ...
53 minutes ago
Foxconn's Q4 revenue surges 22.07% from a year earlier on AI demand
TAIPEI, Jan 5 : Taiwan's Foxconn, the world's largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong demand for artificial intelligence products.Revenue for Nvidia's biggest server maker and Apple's top iPhone asse ...
2 hours ago
Zouk to undergo 1H2026 refresh and host MICE, concerts
Jovi Ho - Entertainment and lifestyle brand Zouk Group has announced a multi-million-dollar renovation across its Singapore club venues at CQ @ Clarke Quay, set to begin in 1Q2026 and end in June. Zouk Mainroom, Phuture, Capital and RedTail will undergo refurbishment works in phases, announced the group on Ja ...
2 hours ago
Olam secures bulk of regulatory approval for proposed 44.58% stake sale of Olam Agri
Benicia Tan - It intends to complete the proposed sale as soon as practicable upon the satisfaction of all the conditions
2 hours ago
Slowing demand and trade war adjustments hit Indonesia’s November exports
Elisa Valenta - Analysts expect export growth to gradually stabilise as country finalises trade agreements with new partners
2 hours ago
Toda starts commercial operation of Japan's first floating wind farm
TOKYO, Jan 5 : Toda Construction said on Monday that its consortium has started commercial operations at the Goto offshore wind farm in Nagasaki in southern Japan, marking the country's first commercial floating wind project.The 16.8-megawatt (MW) floating wind farm is the first facility ...
2 hours ago
Johnson Controls to invest up to $60 mil in its innovation centre in Singapore
Nurdianah Md Nur - Johnson Controls has announced the expansion of its Innovation Centre in Singapore to accelerate sustainable data centre solutions across Asia Pacific. It will invest up to $60 million in the Innovation Centre over the next five years and expand its engineering teams to 90-100 roles in the same time ...
2 hours ago
Japan's Nikkei ends at over 2-month high
[TOKYO] Japan’s Nikkei closed at a more than two-month high on the first trading day of 2026, led by chip-related stocks, as...
2 hours ago
Hyundai, Kia target 3.2% vehicle sales growth in 2026 after missing 2025 targets
SEOUL, Jan 5 : South Korea's Hyundai Motor Co and affiliate Kia Corp aim to grow their combined global vehicle sales by 3.2 per cent to 7.51 million vehicles in 2026, after narrowly missing their sales targets in 2025.The automakers, which together rank third in global vehicle sales, sold co ...
2 hours ago
Kia targets 3.35 million vehicle sales in 2026 after narrowly missing 2025 goal
SEOUL, Jan 5 : South Korean automaker Kia Corp said on Monday it is targeting global vehicle sales of 3.35 million units in 2026, up about 4.2 per cent from last year's sales target.In a separate regulatory filing, Kia said it had sold 3.14 million vehicles in 2025, slightly below its ...
2 hours ago
Hyundai motor targets 2026 global sales of 4.16 million vehicles
SEOUL, Jan 5 : South Korea's Hyundai Motor Co said on Monday it aims to sell 4.16 million vehicles this year, after reporting 2025 sales of 4.14 million vehicles, slightly below last year's sales target of 4.17 million units. (Reporting by Heekyong Ya ...
2 hours ago
Private-hire car rental company Lumens ends leases early for around 100 drivers
Derryn Wong - The company says some were abusing petrol subsidies with claims as high as S$2,700 a month
2 hours ago
Private hire car rental company Lumens ends leases early for around 100 drivers, some on abuse of fuel incentives
Derryn Wong - Company said that some drivers were abusing petrol subsidies with claims as high as S$2,700 a month
3 hours ago
10-year, 2-term limit for Malaysia PMs: Anwar announces reforms ahead of next GE
Besides term limits, Anwar also announced moves aimed at addressing the rising cost of living
3 hours ago
10-year, two-term limit for Malaysia PMs: Anwar announces reforms to win back votes ahead of next GE
[PUTRAJAYA] Malaysia’s Prime Minister Anwar Ibrahim on Monday (Jan 5) announced a series of reforms in an attempt to win back urban votes ahead...
3 hours ago
Venezuela's oil supply to rise in years ahead and depress prices, say analysts
Venezuela's oil industry is in disrepair after years of neglect and international sanctions but some analysts are optimistic that it could double or triple its current output to return to historic levels fairly quickly.
3 hours ago
Genting scion to refresh Zouk in ‘multimillion dollar’ revamp, CICT extends flagship venue’s lease
Shikhar Gupta - The renovation will take place in Q1 this year, with reopening targeted for June
3 hours ago
KL-JB ETS rail service rush puts fares under the spotlight
Tan Ai Leng - Chinese New Year seats are nearly gone and Hari Raya demand is building, says rail operator KTMB
3 hours ago
Blow to China from loss of Venezuela oil blunted by hoard at sea
The Asian nation is the major buyer of crude from the South American country
3 hours ago
Changi Airport handled about 70 million passengers in 2025, an all-time high
Passengers at T5 can expect to reach Terminal 2 in four minutes via the airport’s new underground link
3 hours ago
Indonesia trade surplus less than forecast, inflation quickens
JAKARTA, Jan 5 : Indonesia's trade surplus widened in November to $2.66 billion, official data showed on Monday, but was less than expectations after exports of commodities such as coal, nickel and copper dropped, while inflation in December climbed to a 20-month high.A Reuters poll had project ...
3 hours ago
Two adjoining double-storey shophouse units along Syed Alwi Road up for sale at $9.2 mil
Jovi Ho - Two adjoining double-storey shophouse units along Syed Alwi Road are up for sale at a guide price of $9.2 million, or $2,305 psf on the floor area, according to sole marketing agent ETC, a member of Realion Group. Located near the junction of Jalan Besar and Syed Alwi Road in District 8, the shophou ...
3 hours ago
Two adjoining double-storey shophouse units along Syed Alwi Road up for sale at $9.2 million
Jovi Ho - Two adjoining double-storey shophouse units along Syed Alwi Road are up for sale at a guide price of $9.2 million, or $2,305 psf on the floor area, according to sole marketing agent ETC, a member of Realion Group. Located near the junction of Jalan Besar and Syed Alwi Road in District 8, the shophou ...
3 hours ago
Analysis:AI-driven inflation is 2026's most overlooked risk, investors say
LONDON/NEW YORK, Jan 5 : Global stock markets, riding high on AI euphoria at the start of 2026 may be disregarding one of the biggest threats that could spoil the party: a surge in inflation driven partly by the tech investment boom.U.S. stock indexes, where seven tech groups contributed half of ...
3 hours ago
Goldman seeks to raise US$500 million for Japan real estate fund
Property in the North Asian nation has been attractive to foreign funds because borrowing costs still remain low
4 hours ago
Chinese AI firm MiniMax expected to price Hong Kong IPO at top of range, sources say
HONG KONG, Jan 5 : Chinese AI startup MiniMax Group is expected to settle its Hong Kong initial public offering at the top of its pricing range, after deal books have been oversubscribed multiple times, three people with knowledge of the situation said on Monday.MiniMax launched bookbuilding of ...
4 hours ago
Construction firm GRC up 11% on Monday after over 40% surge in past week
Therese Soh - The renamed OKH Global is largely controlled by Gordon and Celine Tang’s real estate firm
4 hours ago
Construction company GRC rises 11% on Monday after 40% surge over past week
Therese Soh - The renamed OKH Global is largely controlled by Gordon and Celine Tang’s real estate firm
4 hours ago
Soaring gold prices push Singapore buyers towards bars and coins over jewellery
Gold jewellery retailers are refreshing their designs and accepting more trade-ins as they try to win back customers.
4 hours ago
ThaiBev moves to refresh F&N board with new directors
Shikhar Gupta - Long-serving independent director Chan Heng Wing will retire from his post after the 2026 annual general meeting
4 hours ago
Samsung to double mobile devices powered by Google’s Gemini to 800 million units this year
The South Korean company seeks to reclaim its lost crown from Apple in the smartphone market
4 hours ago
S Korea finance minister, central bank governor vow efforts to stabilise wobbly won
SEOUL, Jan 5 : South Korea's top economic policymakers on Monday vowed efforts to stabilise the currency market as the won's recent declines defied economic fundamentals. "We will closely monitor financial and foreign exchange markets and make efforts to resolve the structural d ...