5 hours ago
Digital Core Reit’s H2 DPU flat at US$0.018, seeks to maintain distributions in FY2026
Young Zhan Heng - Revenue for the second half is up 61.6% year on year at US$87.3 million
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
5 hours ago
Digital Core Reit’s H2 DPU flat at US$0.018, with Frankfurt deal raising both revenue and expenses
Sharanya Pillai - Full-year distribution per unit is also unchanged at US$0.036
6 hours ago
Not mandating retrenchment benefits provides business flexibility while protecting workers: MOM
Around nine in 10 eligible employees receive retrenchment benefits, of whom around eight in 10 get the prevailing norm of at least two weeks' salary per year of service.
6 hours ago
Toyota plans 30% boost to 2026 hybrid vehicle output by 2028, Nikkei says
TOKYO, Feb 4 : Toyota plans to boost production of hybrid and plug‑in hybrid vehicles to about 6.7 million cars by 2028, 30 per cent higher than its 2026 target, the Nikkei business daily reported on Wednesday.The world's largest automaker is aiming to raise global output to about 11.3 millio ...
6 hours ago
Toyota plans 30% lift in hybrid vehicle output by 2028, Nikkei says
TOKYO, Feb 4 : Toyota plans to boost production of hybrid and plug‑in hybrid vehicles to around 6.7 million units by 2028, about 30 per cent higher than its target for 2026, the Nikkei business daily reported on Wednesday.The world's largest automaker aims to lift global output to about 11.3 ...
6 hours ago
GuocoLand’s rationale for privatising its Malaysian arm not strong
Leslie Yee - But the proposed move could be the SGX-listed group’s way of priming itself to be privatised in future
6 hours ago
Digital Core REIT reported an unchanged DPU of 3.60 US cents for FY2025
The Edge Singapore - Digital Core REIT (DC REIT) announced a distribution per unit (DPU) of 3.6 US cents for FY2025, unchanged y-o-y. During 2025, DC REIT signed new and renewal leases representing US$26 million of annualised rent. The cash rental rate reversion on renewal leases signed was 31%. In-service portfolio occ ...
6 hours ago
OTS warns it will report a net loss for 1HFY2026 on lower export sales
The Edge Singapore - OTS Holdings, which sells meat-based foodstuff, warns that it will report a net loss for its 1HFY2026, from net profit from the year earlier ended Dec 31 2024. The company attributes the lower numbers to a drop in its export segment, due to evolving market dynamics overseas and changes in customers ...
6 hours ago
Apac commercial real estate investment hits US$40.3 billion in Q4, capping strongest year since 2021: JLL
Deon Loke - The increase pushed full-year investment 12% higher year on year to US$147.6 billion
7 hours ago
Volvo cars' sales volumes drop 7% in November-January period in challenging market
In the full year 2025, sales volumes dropped 7%
7 hours ago
Chinese solar shares surge after reports of visits from Musk delegations
This comes after he announces plans to build large-scale solar-cell production in the US
7 hours ago
ST Engineering signs MOU with Airbus for cabin modification and expands MRO agreement with Xiamen Airlines
Douglas Toh - Singapore Technologies Engineering’s (ST Engineering) commercial aerospace (CA) business has secured agreements with Airbus subsidiary Airbus Defence and Space and Xiamen Airlines. With Airbus, the group has entered into an memorandum of understanding (MOU) with the aviation manufacturer to carry ...
7 hours ago
Premiums for all COE categories drop, led by large cars with 9% decrease
Derryn Wong - Mainstream car premium down nearly 3%; motorcycles more than 6% lower
7 hours ago
Taiwan's MediaTek flags supply chain crunch from AI, says will adjust prices
TAIPEI, Feb 4 : A surge in demand for artificial intelligence applications is straining supply chains and driving up costs, Taiwan's top chip design company MediaTek said on Wednesday, adding it would adjust its own prices in response.Taiwanese tech companies like MediaTek and TSMC, the world&# ...
7 hours ago
China calls EU 'discriminatory' over probe into energy giant Goldwind
BEIJING: Beijing accused the European Union on Wednesday (Feb 4) of taking "discriminatory" measures after the bloc opened an investigation into Chinese clean energy giant Goldwind over concerns the firm unfairly benefited from state subsidies.Goldwind is one of the world's biggest wi ...
7 hours ago
Japans largest lender MUFG logs 6% growth in third-quarter profit
The banking group generates 520.6 billion yen in net profit
8 hours ago
RHB upgrades KORE to ‘buy’ at raised TP of 30 US cents on ‘surprise’ 2HFY2025 dividend resumption
Douglas Toh - Analyst Vijay Natarajan of RHB Singapore has upgraded his call on Keppel Pacific Oak REIT (KORE) to “buy” from “neutral” at a raised target price of 30 US cents (38 cents) from 23 US cents following the REIT’s 2HFY2025 results. Natarajan notes that the REIT’s results in the second half p ...
8 hours ago
South Korean firms plan to invest $186 billion in regional cities over 5 years, media reports
SEOUL, Feb 4 : South Korean companies plan to invest 270 trillion won ($185.99 billion) in smaller regional cities in the country over the next five years, News 1 reported on Wednesday, citing a local lobby group. ($1 = 1,451.7200 won)
8 hours ago
AMD's Frankfurt-listed shares fall after weaker sales
Feb 4 : Advanced Micro Devices shares fell over 6 per cent in early Frankfurt trading on Wednesday after the company forecast a slight decline in quarterly revenue, raising concerns about whether it can effectively challenge Nvidia in the booming AI market. The stock ended Tuesday's regular se ...
8 hours ago
Singapore’s digital payments set to hit US$113.7 billion by 2030, cementing regional lead
Koh Kim Xuan - Gen Z and millennial consumers are driving the shift towards cashless transactions in the city-state
8 hours ago
Singapore’s payments sector raises over US$319 million in funding for 9M 2025
Koh Kim Xuan - This surpasses combined fintech funding of US$104 million for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam
8 hours ago
Boeing says 777X delays add costs for airlines like SIA to keep older jets
Shikhar Gupta - SIA might have chosen Airbus for its freighter fleet due to the delays, says Boeing VP of commercial marketing
8 hours ago
Quantum needs a home in Asia: Why data centres will be a key anchor of Singapore’s next breakthrough
Govind Choudhary - When Singapore made its early investment in biomedical sciences 25 years ago, it was not a short-term experiment. It was a conscious decision to build capabilities ahead of the market and to position the country for an industry that would mature over decades. That long view helped create an ecosyste ...
8 hours ago
RHB, CGSI raise TP on KIT on ‘resilient’ cashflows and ‘dry powder support’ for DPU
Douglas Toh - Analyst Shekhar Jaiswal of RHB Singapore is keeping his “buy” call on Keppel Infrastructure Trust (KIT) at an upgraded target price of 58 cents from 55 cents previously on the trust’s FY2025 ended December 2025 results. Jaiswal’s notes that KIT’s results in the period “reinforced” its ...
9 hours ago
Ministers’ pay unchanged while median incomes up 80% since 2012: Chan Chun Sing
Tessa Oh - An entry-level minister earns a norm annual salary of S$1.1 million, though this represents a 40% discount to the market benchmark set...
9 hours ago
Panasonic's battery unit posts 3.5% drop in Q3 operating profit
TOKYO, Feb 4 : Quarterly operating profit for Panasonic Holdings' key energy unit, which makes batteries for Tesla, fell 3.5 per cent from a year earlier on lower sales in North America as conditions in the electric-vehicle market worsened.The segment posted an operating income of 40.5 billion ...
9 hours ago
TomTom says ramp-down of old contracts will weigh on 2026 sales, shares tumble
Feb 4 : Dutch mapping technology group TomTom expects its revenue to be lower or at most steady in 2026, as a shift between old and new contracts will have a negative effect before starting to drive growth in later years, it said on Wednesday.The group forecast revenue of between 495 million and 555 ...
9 hours ago
TomTom sees lower to steady revenue in 2026, followed by growth in 2027
Feb 4 : Dutch location technology company TomTom expects its revenue to be steady or lower in 2026, affected by the transition of some customers.The Amsterdam-based group forecast revenue of between 495 million and 555 million euros ($586 million and $657 million) for 2026. Last year, its revenue wa ...
9 hours ago
Infineon boosts investment target by 500 million euros to meet data centre demand
BERLIN, Feb 4 : Germany's Infineon, whose chips power AI data centres, said it plans to invest an extra 500 million euros ($591.65 million) in manufacturing capacity this fiscal year as it expects revenue from that business to grow by two-thirds in 2027. The company on Wednesday increased its p ...
9 hours ago
Infineon boosts investment to meet demand from AI data centres
BERLIN, Feb 4 : Germany's Infineon, whose chips are used to power AI data centres, expects revenue from that business to leap nearly two-thirds to 2.5 billion euros ($2.96 billion) in its 2027 fiscal year, as it raises planned investments to meet demand.Infineon is aiming for a chip revenue tar ...
9 hours ago
Top agent Rayne Chua at Melvin Lim’s KW Singapore leaves for ERA with many members of her team
Jessie Lim - KW Singapore was founded by the PropertyLimBrothers ex-CEO as a franchise of US real estate agency group Keller Williams
9 hours ago
UBS posts higher profit, signals US$3 billion buyback with upside
The bank plans to propose a dividend for 2025 of US$1.10 per share
9 hours ago
South Korea's Hanwha Ocean proposed delivery of four submarines to Canada by 2035
SEOUL, Feb 4 : South Korean shipbuilder Hanwha Ocean said on Wednesday that it proposed the delivery of four submarines to Canada by 2035. Hanwha is one of two finalists - alongside warship builder TKMS - in a tender to supply Canada with a new fleet of submarines, estimated by industry sources to b ...
10 hours ago
Nvidia AI chip sales to China stalled by US security review: report
The Commerce Department has completed its analysis, according to the report