9 hours ago
Trans-Cab, Geolah receive full ride-hail licences from LTA
Shikhar Gupta - LTA has upgraded their provisional licences for point-to-point transport services
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
Can Singapore family-owned property empires last far beyond three generations?
Leslie Yee - Applying lessons from Geneva’s Pictet family
10 hours ago
RHB maintains ‘buy’ call and $9.40 target price for ST Engineering
Kwan Wei Kevin Tan - RHB Bank Singapore analyst Shekhar Jaiswal has maintained his “buy” call and $9.40 target price for ST Engineering (STE). According to Jaiswal, ST Engineering continues to deliver “tangible wins” in areas such as smart mobility and urban solutions. Earlier, on Dec 2, STE’s wholly-owned sub ...
10 hours ago
Uniqlo’s owner boosts new graduate pay as Japan faces inflation
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up...
10 hours ago
Oil up on news the US intercepted an oil tanker off Venezuela
[SINGAPORE] Oil prices rose on Monday (Dec 22) after officials said the US had intercepted an oil tanker in international waters off...
10 hours ago
Oil prices gain on US interception of Venezuelan oil tanker over weekend
OIL prices climbed in early trade on Monday after the US intercepted a Venezuelan oil tanker over the weekend.
11 hours ago
Gold, silver hit record highs on Fed rate-cut bets
The precious metal, a traditional safe-haven asset, is up 67 % for the year
11 hours ago
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
A lower US dollar index has also helped by making the precious metal less expensive for overseas buyers.
11 hours ago
Malaysia’s Najib loses bid to serve jail sentence at home
The court decision complicates former Malaysian PM’s prospects of returning to public life and political relevance
11 hours ago
China consumer shares hit record losing streak on weak demand
Different parts of the sector have had their unique challenges
11 hours ago
Oil prices rise as US ramps up action against Venezuela tankers
LONDON, Dec 22 : Oil prices rose on Monday after the U.S. intercepted an oil tanker in international waters off the coast of Venezuela and tensions in Russia's war against Ukraine remained high, with both developments raising fears of supply disruption.Brent crude futures gained $1.11, or 1. ...
11 hours ago
Oil rises as US ramps up action against Venezuela tankers
LONDON, Dec 22 : Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising fears of supply disruption.Brent crude futures gained 52 cents, or 0.86 per cent, to $60.99 a barrel by 0918 GMT. U.S. West Texas Inte ...
11 hours ago
Oil prices gain on US interception of oil tanker off the coast of Venezuela over weekend
(Corrects headline and paragraph 1 to make clear the intercepted tanker was off the coast of Venezuela, not a Venezuelan oil tanker)By Sam Li and Lewis JacksonDec 22 : Oil prices climbed in early trade on Monday after the U.S. intercepted an oil tanker off the coast of Venezuela in international ...
11 hours ago
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
Shikhar Gupta - After falling as much as 7.3%, the stock recovers to close S$0.02 lower
11 hours ago
CNMC Goldmine shares fall 7.3% on extra tax, penalty in Malaysia
Shikhar Gupta - A Malaysian unit of CNMC Goldmine is facing additional income tax and a penalty worth RM29.6 million
11 hours ago
China leaves benchmark lending rates unchanged for seventh month in a row in December
[SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.
11 hours ago
Li Ka-shing is remaking his empire as a generational shift looms
The bulk of CK Asset’s projects are located in Hong Kong and mainland China
12 hours ago
How UOB’s Wee Ee Cheong masters the long game
The bank aims to accelerate its business expansion in South-east Asia
12 hours ago
World stocks mixed, yen friendless as bonds buckle
LONDON, Dec 22 : Wall Street looked to open higher while the yen floundered near all-time lows against the euro as higher interest rates piled pressure on Japanese government debt.S&P 500 futures added 0.4 per cent, with Nasdaq futures up 0.1 per cent while MSCI's broadest index of world ...
12 hours ago
Asia shares extend tech rally, yen under pressure
SYDNEY, Dec 22 : Asian share markets rose on Monday tracking tech-driven gains on Wall Street, while the yen wallowed at all-time lows against the euro and Swiss franc as higher interest rates at home did nothing to deter speculative sellers. Turnover was sparse in what is a holiday-shortened ...
12 hours ago
Yen wallows near record lows on cautious BOJ stance despite intervention warnings
TOKYO, Dec 22 : The yen languished near record lows to the euro and Swiss franc on Monday as the lack of hawkish signals from the Bank of Japan emboldened traders, even as Japanese officials stepped up warnings about currency intervention.The Japanese currency also loitered near an 11-month troug ...
12 hours ago
Yen wallows near record low to euro as BOJ keeps cautious tone after rate hike
TOKYO, Dec 22 : The yen languished near a record low to the euro on Monday, after Bank of Japan Governor Kazuo Ueda stuck to his usual cautious rhetoric following an interest rate hike on Friday.The Japanese currency traded near an 11-month trough versus the U.S. dollar and just shy of a 17-month ...
12 hours ago
Japan warns it will take 'appropriate' action against excessive FX moves
TOKYO, Dec 22 : Japanese authorities said on Monday that they would take "appropriate" action against excessive exchange-rate moves, in comments that raise the prospect of intervention after last week's central bank meeting that caused renewed yen declines."The recent foreign exc ...
12 hours ago
Japan will take 'appropriate' action against excessive yen moves, top currency diplomat says
TOKYO, Dec 22 : Japan's top currency diplomat, Atsushi Mimura, said on Monday authorities will take "appropriate" action against excessive exchange-rate moves, warning of the chance of intervention after last week's central bank meeting that caused renewed yen declines."The ...
12 hours ago
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
Chloe Lim - Part of the amount will be paid using an interest-bearing credit arrangement
12 hours ago
Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 22):
13 hours ago
Chinese chipmakers race to IPO after back-to-back listings surge
[SHANGHAI] Chinese chipmakers are rushing to the initial public offering (IPO) market, raising funds that are key to the nation’s goal of...
13 hours ago
Seatrium resolves US$475 mil contract dispute with Maersk
Kwan Wei Kevin Tan - Offshore, marine and energy specialist Seatrium says it has resolved its dispute with Maersk Offshore Wind, an affiliate of the Danish shipping giant. On Oct 9, Maersk Offshore Wind terminated a US$475 million contract it had awarded to Seatrium in March 2022 to build a wind turbine installation ves ...
13 hours ago
Seven & i’s IPO of US arm hinges on faster turnaround, CEO says
[TOKYO] Seven & i Holdings’ chief executive is pressing its US convenience-stores business to deliver a faster turnaround as the retailer seeks...
13 hours ago
Oil price gains after US interception of oil tanker off the coast of Venezuela over weekend
(Corrects headline and paragraph 1 to make clear the intercepted tanker was off the coast of Venezuela, not a Venezuelan oil tanker)BEIJING, Dec 22 : Oil prices gained on Monday in early Asian trading hours after the U.S. intercepted an oil tanker off the coast of Venezuela in internatio ...
13 hours ago
Oil price gains after US interception of Venezuelan oil tanker over weekend
BEIJING, Dec 22 : Oil prices gained on Monday in early Asian trading hours after the U.S. intercepted a Venezuelan oil tanker over the weekend.The U.S. is also pursuing another tanker, officials told Reuters on Sunday, in what would be the third such operation in less than two week ...
14 hours ago
USD/CHF trades within key range as SNB holds rates and Fed turns cautious
THE US dollar/Swiss franc (USD/CHF) FX pair is widely considered a safe-haven currency pair due to Switzerland’s neutral geopolitical stance and its...
14 hours ago
Singapore market reforms may lift sentiment in 2026 despite geopolitical, trade uncertainty
Ben Paul - Investors should focus on companies with credible and clearly stated plans to drive shareholder value
14 hours ago
After a tepid 2025, cautious optimism is building for private equity in 2026
Benjamin Cher - More sectors could become attractive to investors next year as valuations are largely reset