11 hours ago
UI Boustead Reit launches S$1.2 billion IPO at S$0.88 per unit
Ry-Anne Lim - [SINGAPORE] UI Boustead Real Estate Investment Trust (Reit) has launched its initial public offering (IPO) of about 677.2 million units at S$0.88...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
11 hours ago
Amundi, KKR, Temasek unit among bidders for UOB Asset Management: sources
[SINGAPORE] Amundi, KKR and Temasek Holdings’ Seviora unit are bidding for United Overseas Bank’s asset management arm, according to people familiar with...
11 hours ago
Amundi, KKR, Temasek unit among bidders for UOB Asset Management
(Bloomberg) – Amundi, KKR and Temasek Holdings’ Seviora unit are bidding for United Overseas Bank’s asset management arm, according to people familiar...
11 hours ago
Aoxin charts its own acquisition path
Teo Zheng Long - Q&M Dental may have made a handsome gain of more than 87% in its share price over the past year, but its separately listed subsidiary, Aoxin Q&M Dental Group (SGX: 1D4 ) , outshines the parent with a gain of more than 320% in the same period. Much of the gain came only starting from last Dec ...
11 hours ago
UI Boustead REIT, this year's largest IPO thus far, opens for application with forecast yield of 7.4%
The Edge Singapore - UI Boustead REIT has launched what will be this year's largest IPO, aiming to sell units worth $973.6 million at 88 cents each. This latest REIT to list on SGX has a portfolio value of $1.9 billion and comprises of 23 properties in the logistics, industrial, and business space in Singapore and ...
11 hours ago
Q&M gets back its appetite for expansion
Teo Zheng Long - Having tapped shareholders and other investors for more capital, Q&M Dental Group is set on an ambitious expansion path both across the region and in Singapore Q&M Dental Group (SGX: QC7 ) , founded by Dr Ng Chin Siau in 1996 with just one dental chair, has grown to become the largest privat ...
11 hours ago
CSE Global undergoes strategic review after request from controlling shareholder Heliconia Capital Management
Therese Soh - It is weighing options including potential transactions involving its shares, or all or part of its business and assets
11 hours ago
Broadcom rises as $100 billion AI forecast signals gains in Nvidia-dominated market
March 5 : Broadcom shares rose nearly 3 per cent on Thursday after the company predicted over $100 billion in AI chip sales next year, signaling rapid share gains in the market dominated by Nvidia.Big Tech's push to secure the vast computing power needed for artificial intelligence has lifted B ...
11 hours ago
Broadcom jumps as $100 billion AI forecast signals gains in Nvidia-dominated market
March 5 : Broadcom shares jumped more than 6 per cent in premarket trading on Thursday after the company predicted over $100 billion in AI chip sales next year, signaling rapid share gains in the market dominated by Nvidia.Big Tech's push to secure the vast computing power needed for artificial ...
11 hours ago
Broadcom rallies as it touts more than $100 billion in AI chip sales in 2027
March 5 : Broadcom shares jumped about 7 per cent before the bell on Thursday after the company said it expects artificial intelligence chip sales to top $100 billion in 2027, as it pushes into a market long ruled by Nvidia.Big Tech firms such as Alphabet, Microsoft, Amazon and Meta are expected to ...
11 hours ago
ComfortDelGro's largest shareholder Silchester raises stake to 7.05% after buying 4 mil shares at $1.4629 each
The Edge Singapore - Silchester International Investors, the largest shareholder of ComfortDelGro, has on March 4 paid $5.85 million to increase its stake by 4 million. At this price, Silchester is paying an average of $1.4629 each. The asset manager now owns nearly 152.74 million shares, equivalent to 7.05% of the comp ...
11 hours ago
Behind Fitch’s warning: Why revising Indonesia’s State Finance Law matters for investors
Elisa Valenta - The Bill, under parliamentary review, is included in this year’s legislative priorities
11 hours ago
Singapore stocks climb amid Asian equities rebound; STI up 0.7%
Jude Chan - ST Engineering is the biggest gainer on blue-chip index, rising 4.4% to S$10.84
11 hours ago
Malaysia's EPF no longer AEM's substantial shareholder following two-straight days of open market selling
The Edge Singapore - Malaysia's Employees Provident Fund Board has cut its stake in AEM Holdings for the second day, selling into the market that is finally turning bullish on the stock that is guiding for a better year ahead. On March 2, EPF sold 6.45 million shares at an average of $2.97 each; the following day, ...
11 hours ago
GAC Toyota launches presales for new electric sedan
BEIJING, March 5 : GAC Toyota has started pre-sales of its new D-segment bZ7 electric sedan with pre-order prices from 156,800 yuan ($22,759), the company, a joint venture between Guangzhou Automobile Group and Toyota, said on Thursday. ($1 = 6.8895 Chinese yuan renminbi)
11 hours ago
First home-grown gold ETF to list on SGX on Mar 26
Koh Kim Xuan - This will be the first listing of a gold ETF on the local bourse in two decades
11 hours ago
Hong Fok-linked Cheong Sim Lam buys Holland Piazza for $100 mil, changing hands after over 50 years
Gerine Tang Yi Qian - The freehold neighbourhood retail mall Holland Piazza has been sold for $100 million to private investor Cheong Sim Lam, marking the first change of ownership for the property in more than five decades. Cheong is a member of the Cheong family, which also owns Hong Fok Corporation. The transaction wa ...
12 hours ago
CSE Global conducting 'strategic review' at largest shareholder Heliconia's request
The Edge Singapore - CSE Global, following a request from controlling shareholder Heliconia Capital, is undertaking a strategic review, after it received an indicative expression of interest from an unnamed party to "discuss a potential strategic transaction" in the company. Heliconia, a subsidiary of Temasek ...
12 hours ago
China’s top chip bosses urge supportive policies to create ‘China’s ASML’
The country faces bottlenecks in EDA and basic materials, along with EUV machines
12 hours ago
CGSI downgrades Frencken to ‘hold’ as stock reflects semicon optimism
Felicia Tan - CGS International analyst William Tng has downgraded Frencken Group to “hold” from “add” even though the group’s FY2025 results stood ahead of expectations. For the 12 months ended Dec 31, 2025, Frencken reported earnings of $39.1 million, 5.4% higher y-o-y. Revenue rose by 8.9% y-o-y to $ ...
13 hours ago
Memory chipmaker Kioxia, retail operator Pan Pacific to be added to Nikkei index
TOKYO, March 5 : Japanese memory chipmaker Kioxia and Pan Pacific International Holdings, which has major discount retailer Don Quijote under its wing, will be added to Japan's Nikkei from April, the publisher of the stock average said on Thursday.As part of a regular reshuffle of the benchmark ...
13 hours ago
New launches in 4Q2026 at Marina Square, Valley Point sites: PropNex
Jovi Ho - The residential component of the upcoming Marina Square redevelopment by UOL Group and Singapore Land Group (SingLand) will yield 702 residential units, according to a slide shown at PropNex’s results briefing for FY2025 ended Dec 31, 2025. While UOL and SingLand have yet to reveal more informatio ...
13 hours ago
Malaysia holds interest rate at 2.75%, flags geopolitical risk
Tan Ai Leng - Bank Negara says the current rate is appropriate and supportive of the economy amid price stability
13 hours ago
Malaysia holds key rate, warns Middle East war intensifies risks
Bank Negara Malaysia held the overnight policy rate at 2.75%
13 hours ago
MAS expands environmental risk management guidelines for financial institutions
Therese Soh - They will take effect from September 2027
14 hours ago
Malaysia's central bank holds key rate, upbeat on growth despite conflict risks
14 hours ago
Malaysia's central bank holds key rate for fourth straight meeting
14 hours ago
Hong Fok family scion Cheong Sim Lam buys retail property Holland Piazza for S$100 million
Chong Xin Wei - The buyer is likely to reposition the mall’s basement with wellness or entertainment operators to complement Holland Village’s family-friendly appeal
14 hours ago
Narrower discounts to NAV warrant 10% higher target prices for HK developers, landlords: BofA
Jovi Ho - Investors in Hong Kong-listed developers and landlords are increasingly willing to look through near-term low dividend yields on expectations of a multi‑year cyclical upturn, claim Bank of America (BofA) Securities analysts. This has prompted equity research analysts Karl Choi and Fan Tso to raise ...
14 hours ago
Indonesia gives Meta 'stern warning' over disinformation
15 hours ago
A 900% fare hike shows Asian carriers Singapore Airlines, Cathay Pacific can weather Iran chaos
[SINGAPORE] Asian carriers like Cathay Pacific Airway and Singapore Airlines are among the best positioned airlines to weather the war in the...
15 hours ago
Iran crisis could disrupt supply of key chipmaking materials, South Korea warns
SEOUL: The US-Israel war with Iran could disrupt supplies of key semiconductor manufacturing materials, a South Korean ruling party lawmaker said on Tuesday (Mar 3), as the conflict in the Middle East entered its s
16 hours ago
China tells top refiners to halt diesel and petrol exports
Across Asia, the country ranks third for seaborne exports, behind South Korea and Singapore
16 hours ago
Analysis:Crypto bill hits new impasse, raising doubts over its future
March 5 : Talks on landmark crypto legislation have hit a new impasse after banks said they could not back a compromise pushed by the White House, a development that cast doubt on whether the bill will pass this year and sparked criticism from President Donald Trump who accused lenders of trying to ...