8 hours ago
Vietnam-Singapore industrial park grid gets power-up amid deals inked during To Lam’s visit
Goh Ruoxue - Other developments include a new agrifood trade task force, strategic dialogue forum
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Vietnam-Singapore industrial park grid gets power-up amid slew of deals inked during To Lam’s visit
Goh Ruoxue - Other developments include a new agrifood trade task force, strategic dialogue forum
8 hours ago
Vietnam-Singapore industrial park grid gets power-up amid slew of deals inked at To Lam’s visit
Goh Ruoxue - Other developments include new agrifood trade task force, strategic dialogue forum
8 hours ago
Analysis:BOJ may heed calls to pause bond taper next year
TOKYO, May 29 : Bond market volatility is boosting the case for Japan's central bank to pause the unwinding of its massive debt holdings next fiscal year, which would give Prime Minister Sanae Takaichi some relief amid growing investor concerns about her spending plans.A pause would mark a turn ...
8 hours ago
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Deon Loke - Respondents also flag economic recession as a significant worry
8 hours ago
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: poll
Deon Loke - Respondents also flag economic recession as a significant worry
8 hours ago
UOBKH raises target price for Valuetronics to $1.88 on earnings and capital returns visibility
The Edge Singapore - Valuetronics Holdings has reported lower earnings for its FY2026 because of an impairment of an underperforming associate. However, John Cheong and Heidi Mo of UOB Kay Hian have nearly doubled their target price from $1.03 to $1.88, with an eye on the manufacturer's better earnings visibility, ...
8 hours ago
UK grocer Asda taps Ocado to revamp online business
LONDON, May 29 : British supermarket group Asda has struck a partnership with technology firm Ocado to overhaul its online business across the UK as it seeks to stem market share losses, the companies said on Friday. Asda, majority owned by private equity firm TDR Capital, is Britain's third-la ...
8 hours ago
Asda taps Ocado for automation in UK stores starting 2027
May 29 : Online grocery technology firm Ocado Group said on Friday it has won a partnership with British supermarket group Asda to roll out its automation platform across Asda's stores and dark stores starting in 2027.
8 hours ago
UK grocer Asda taps Ocado to develop online business
LONDON, May 29 : British technology group Ocado has agreed a partnership with Asda to develop the supermarket group's online business across the UK and help it reverse a loss of market share, the firms said on Friday.Asda is Britain's third largest grocer but has been losing sales to bigge ...
8 hours ago
Can Sats sustain growth amid global supply chain disruption?
Teo Zheng Long - Looking at Sats’s latest results, the company appears to tick all the boxes financially. For the year ended March 31, revenue was at a record high of $6.3 billion, which represents a growth of 9% y-o-y, while its ebitda margin improved 0.3 percentage points to 18.1%. Patmi rose 17% y-o-y to $285.2 ...
9 hours ago
Don’t just look at the debutantes
The Edge Singapore - One point is a random occurrence, two points are a straight line, but when there are three points or more, that is a trend. At this point, that is when impressions will be left deep, and change can only come about with much difficulty, if at all. For years, Singapore has not been known as the most c ...
9 hours ago
Yen back in danger zone as Tokyo officials keep investors on edge
The currency has been battered by the three-month-long Middle East crisis
9 hours ago
Room for new ideas: Private-sector players eye opportunities in Singapore’s senior-living space
Benicia Tan - Options such as intergenerational co-living are emerging, but obstacles to take-up remain, say observers
9 hours ago
Singapore’s Sea sets up AI investment team as part of pivot beyond e-commerce
Sea has been embedding AI in small ways like through product recommendations and seller tools
9 hours ago
Singapore’s Sea sets up AI investment team as part of tech pivot beyond e-commerce
Sea has been embedding AI in small ways like through product recommendations and seller tools
9 hours ago
AI’s impact on jobs won’t be clear-cut, says Nobel laureate Michael Spence
Kwan Wei Kevin Tan - CEOs and business executives looking to evangelise the benefits of AI may want to think twice, if recent events are anything to go by. While the term was once greeted with excitement for its potential to improve efficiency, these days, AI is seen as a way to justify layoffs and hiring freezes. Eric ...
9 hours ago
Geo Energy takes the high road to recurring income
Felicia Tan - Previously shunned by the ESG crowd, Charles Antonny Melati is pushing ahead to grow its coal-mining business For decades, the coal industry was seen to be in decline as governments and companies looked to pivot to cleaner energy sources. Yet, if the series of unforeseen (and frankly, unfortunate) e ...
9 hours ago
KPMG Australia CEO and audit head quit over whistleblower investigation
The accounting firm audits some of Australia’s biggest companies, including major banks
9 hours ago
Zero-cost 10-min sustainability disclosure for SMEs, potential Scope 3 solution for listed firms: Green 100
Lin Daoyi - SMEs can now take their first steps in sustainability reporting at no cost by completing a simplified disclosure that takes approximately 10 minutes, under the newly launched Green 100 initiative. Announced on May 21 during Ecosperity Week by Singapore’s ambassador for climate action, Ravi Menon, ...
9 hours ago
The tourism tug-of-war – concerts, cash and culture wars in Malaysia
Tan Ai Leng - The industry is booming again, but so are tensions over culture and identity
10 hours ago
Standard Chartered wants AI to do more than dress up digital banking
Nurdianah Md Nur - For decades, banks have used new technology to make traditional banking more accessible. When the internet appeared, many banks simply put their branch forms online. Later, as smartphones became popular, they adapted the same processes for smaller screens. This made banking more convenient, but the ...
10 hours ago
Agentic AI and a new world order for chips
Assif Shameen - Last October, I wrote about an artificial intelligence (AI) bubble in the stock market that was about to pop. By the time 2026 came around, the “bubble” narrative had faded, in part because key AI-related stocks were no longer rising at the giddy pace they were months earlier. At the end of Marc ...
10 hours ago
Aggressive Asia hikes show few signs of stabilising currencies
Policymakers in developed nations are also signalling aggressive moves
10 hours ago
AI and the human compact
Kay Pang - This month, commencement season in the US produced an unusual spectacle. Speakers who invoked artificial intelligence (AI) as the defining opportunity of our time were met not with applause, but with sustained booing from graduating classes. Eric Schmidt, former CEO of Google, was among several to b ...
10 hours ago
Mitsubishi Motors unveils pickup, Kei-car collaboration with Nissan
TOKYO, May 29 : Mitsubishi Motors will undertake a joint pickup vehicle project with Nissan Motor in North America, the company said on Friday in its new mid-term business plan.In Japan, the two companies will also carry out joint development and production of Kei-class small cars, which can be eith ...
10 hours ago
A booming SGX masks a harder truth about Singapore’s economy
Frankie Ho - Singapore’s stock market has never been worth more. It edged past Indonesia this past week to become Southeast Asia’s largest bourse, Bloomberg reported, with its total market cap rising to US$645 billion ($824 billion) against Jakarta’s US$618 billion. The Straits Times Index (STI), which fir ...
10 hours ago
Night and day in the Milky Way of IPOs
Chew Sutat - The IPO stars of 2026 are rapidly lining up as the universe aligns to conjure the holy triumvirate of our AI future in US markets. Officially filed on May 20, Elon Musk’s SpaceX is set to kick off its roadshow on June 8 and begin trading on June 11. And after the traditional summer break, the IPOs ...
10 hours ago
Singapore’s income engine is misfiring
Lee Ooi Keong - In 2025, retail investors in Singapore were net buyers of S-REprITs to the tune of $961 million. Over the same period, institutional investors were net sellers of $1.3 billion. Retail investors have been consistent net buyers of the sector every year since 2019. That is not a short-term positioning ...
11 hours ago
Foxconn has immense confidence in growth momentum due to AI, chairman says
The company is Nvidia’s biggest server maker and Apple’s top iPhone assembler
11 hours ago
Can Singapore equities sustain momentum?
Carmen Lee - Rising share prices on higher trading volume are among the classic indicators favoured by market participants, reflecting healthy price momentum and increasing interest.. This is exactly what has played out in the Singapore market in the last 15 months since the Equity Development Programme (EQDP) w ...
11 hours ago
A cold shower for the AI mania
Raghuram G Rajan - AI tools will undoubtedly transform the nature of work. Large language models (LLM) can already generate referee reports for my own research papers that rival those of human referees. Unlike humans, who are always pressed for time, an LLM “knows” or can access much more of the literature in an i ...
11 hours ago
Ordinary Americans deserve a fair shot at IPOs
Nicolas S. Rohatyn - This year, two of the most consequential companies in America are expected to go public. SpaceX, which released its initial public offering prospectus last week, is targeting a valuation of at least US$1.75 trillion, the largest debut in market history. OpenAI, whose technology has already altered h ...
11 hours ago
India's Wipro up 4% after expanded partnership to scale AI adoption
May 29 : Shares of Wipro rose as much as 4 per cent on Friday, after the IT services company said it had expanded its partnership with U.S.-based software provider ServiceNow to deploy agentic AI workflows across core enterprise functions.The stock later pared gains to trade 2.60 per cent higher at ...