1 day ago
Avanda Investment Management co-founder Sung Cheng Chih is SGX RegCo’s new chairman
Elysia Tan - Founding chairman Tan Cheng Han steps down after 9 years on the board
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Avanda Investment Management co-founder Sung Cheng Chih to become SGX RegCo’s second chair
Elysia Tan - Founding chairman Tan Cheng Han steps down after 9 years on the board
1 day ago
Singapore shares slip 0.2% on final trading day of the year; STI up 22.7% in 2025
Ranamita Chakraborty - The iEdge Singapore Next 50 Index sheds 0.1% or 1.36 points to end at 1,450.13
1 day ago
Singapore shares slip on final trading day of the year; STI down 0.2%
Ranamita Chakraborty - The iEdge Singapore Next 50 Index sheds 0.1% or 1.36 points to end at 1,450.13
1 day ago
CapitaLand Ascott Trust extends hotel management agreement for The Cavendish London
Kwan Wei Kevin Tan - CapitaLand Ascott Trust (CLAS) says it is extending its hotel management agreement with Ascott Hospitality Management (UK) for The Cavendish London for an additional five years. In a bourse filing on Dec 31, CLAS says the extension will bring the initial term of the management agreement to 35 years, ...
1 day ago
Almost 25% of non-textile items shipped from Shein fail safety, labelling standards: French authorities
Infractions range from counterfeit goods to unlabelled cosmetics and toys that did not meet safety requirements
1 day ago
CSE Global secures major contract variations worth US$143.5 mil for data centre projects in US
Teo Zheng Long - CSE Global has secured major contract variations in the data centre market in the US worth US$143.5 million, or about $186.3 million. This is an extension to a current contract with an existing hyperscaler customer, the group says. The scope is for the design, engineering, fabrication, installation ...
1 day ago
From Trump tariffs to Bitcoin’s crash: 10 global events that made headlines in 2025
Sudeshna Dhar - From Nvidia’s record-breaking market caps to Trump tariffs and an eyebrow-raising Cambodian scam ring – it’s been a colourful year
1 day ago
Hong Kong-listed Concord New Energy seeks secondary listing on SGX Mainboard
Lin Daoyi - Concord New Energy (CNE), a renewable energy business listed on the Hong Kong Stock Exchange (HKEX), is seeking a secondary listing on the Singapore Exchange (SGX). It has already received a letter of eligibility from the SGX. According to CNE’s introductory document, the company was founded in 19 ...
1 day ago
Sembcorp unit wins investment licence to develop Vietnam-Singapore Industrial Park
Chloe Lim - It aims to boost sustainable industrial growth in south-central Vietnam
1 day ago
Rupee bias tilts higher on final day of year on supportive Asia FX, momentum
[MUMBAI] The Indian rupee was biased higher on the final trading day of the year, due to supportive moves in Asian currencies...
1 day ago
China's factory activity returns to growth in December, ending eight months of decline
BEIJING: China's manufacturing activity unexpectedly grew in December, snapping eight straight months of decline, giving policymakers some confidence as they raced to meet their economic growth target for the year.The manufacturing purchasing managers' index (PMI) rose to 50.1 in Decemb ...
1 day ago
China’s Zijin Mining plans gold output push after record profit
ZIJIN Mining Group is planning double-digit growth for its gold and copper production in 2026, after surging prices and expanding operations propelled...
1 day ago
AI agents write the swan song of hold music
Gavin Barfield - Ever found yourself stuck on hold, the same soft jazz playing on an endless loop? For decades, hold music has been the dreaded soundtrack of customer service – one that many Singapore customers associate with inefficient support. Hold music isn’t just an inconvenience; it actively drives custome ...
1 day ago
Why communication defines corporate resilience
Dan La Russo - Cyber risk has migrated well outside of IT departments and into the boardroom. Gone are the days when a cyber incident was limited to a company’s backrooms. With increasing digitisation of operations amidst global supply chains, a single breach can reverberate through every aspect of a business. W ...
1 day ago
No oil at Karim-1: RH Petrogas
Lin Daoyi - In an announcement on Dec 30, upstream hydrocarbons player RH Petrogas says that no oil was discovered at Karim-1 exploration well located in the Kepala Burung production sharing contract (PSC), Southwest Papua, Indonesia. As no oil was discovered, RH will undertake permanent plug and abandonment of ...
1 day ago
‘The timing is now right’: Koufu founder Pang Lim on handing over the reins to a new generation
Benicia Tan - Chua Sher Lin will lead the group in more M&As, which are a key growth strategy
1 day ago
TSMC says it started mass production of 'most advanced' 2nm chips
TAIPEI: Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometre semiconductor chips, the company said in a statement seen by AFP on Wednesday (Dec 31).TSMC is the world's largest contract maker of chips, used in everything from smartphones to missiles, and counts Nvidi ...
1 day ago
Sembcorp Industries’ acquisition of Filipino solar energy company delayed
Lin Daoyi - In a bourse filing on New Year’s Eve, utility and energy company Sembcorp Industries has announced that its acquisition of Puente Al Sol has been delayed, “pending certain conditions precedent to be fulfilled”. Puente Al Sol is a company developing a 96 MW solar farm in Cadiz, Philippines. Sem ...
1 day ago
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for 7 billion rupees
Therese Soh - The assets will be acquired by CapitaLand Investment’s development-focused data centre fund, which completed its first close with S$150 million in equity
1 day ago
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for seven billion rupees
Therese Soh - This is part of the trust’s portfolio reconstitution strategy
1 day ago
TSMC says started mass production of ‘most advanced’ 2nm chips
The rise in artificial intelligence has spurred demand for TSMC’s chips
1 day ago
Stocks to watch: Sembcorp, CapitaLand India Trust, ValueMax, Keppel Pacific Oak US Reit, SUTL
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 31):
1 day ago
As gold hits records, Indians opt for bars and coins over jewellery
India’s gold demand fell 14 per cent year on year in the first nine months of 2025
1 day ago
CLI raises $150 mil for India data centre fund, acquires 20.2% stake in three data centres for $99.73 mil
Kwan Wei Kevin Tan - CapitaLand Investment (CLI) says it has successfully raised $150 million equity in the first close of its CapitaLand India Data Centre Fund (CIDCF). CIDCF will acquire a 20.2% interest in three data centres from CapitaLand India Trust (CLINT) following the first close. According to a Dec 31 bourse f ...
1 day ago
IFA Zico Capital recommends Low Keng Huat shareholders to accept 'not fair' but 'reasonable' offer
The Edge Singapore - Zico Capital, independent financial advisor to the privatisation of Low Keng Huat (Singapore), believes that the 72 cents per share offer is "not fair" but "reasonable" and is recommending shareholders to accept the offer. The offer by the company's managing director Marco L ...
2 days ago
Trump administration removes three spyware-linked executives from sanctions list
WASHINGTON, Dec 30 : President Donald Trump's administration has lifted sanctions on three executives tied to the spy software consortium Intellexa, according to a notice published to the U.S. Treasury's website.The move partially reverses the imposition of sanctions last year by then-P ...
2 days ago
Warner Bros likely to reject Paramount’s latest hostile bid, source says
Paramount says its offer is more market-proof than Netflix’s proposal
2 days ago
Tesla’s vanishing order hastens fall of an US$800 million fortune
Analysts say L&F’s core business remains intact
2 days ago
Former GIC and Avanda's Sung Cheng Chih to be new chairman of SGX RegCo
The Edge Singapore - Professor Tan Cheng Han, founding chairman of SGX RegCo, will be stepping down after nearly 9 years on the board. Sung Cheng Chih, a former chief risk officer of GIC, will be taking over with effect from Jan 1. Tan, a former dean of the NUS Faculty of Law, was in the news recently for taking on the ...
2 days ago
South Korea 2025 consumer inflation roughly in line with central bank target
SEOUL, Dec 31 : South Korea's consumer inflation for 2025 slowed to 2.1 per cent from 2.3 per cent in 2024, official data showed on Wednesday, roughly in line with the Bank of Korea's target of 2 per cent to potentially bolster the case for the bank to pause interest rates at the cur ...
2 days ago
South Korea Dec headline inflation at 2.3%, as expected
SEOUL, Dec 31 : South Korea's consumer prices rose 2.3 per cent in December from a year earlier, in line with median forecasts of 2.30 per cent, Statistics Korea data showed on Wednesday.The consumer price index increased 0.3 per cent on a monthly basis, compared with a 0.2 ...
2 days ago
Fee income, recovery in loan growth are key drivers for Singapore banks in 2026
Tan Nai Lun - But analysts expect overall results to be flattish or lower, weighed down by net interest income
2 days ago
More contract hiring, higher foreign labour costs: The trends shaping Singapore’s manpower landscape in 2026
Sharon See - Gloomier hiring sentiment persists despite economy ending year on better-than-expected note