7 hours ago
Singapore sells less marine fuel in April amid war-induced tight supply
Tay Peck Gek - Number of oil-tanker arrivals down 13.3% on the month
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
7 hours ago
JP Morgan maintains underweight for MINT, citing occupancy, forex and rate pressures
The Edge Singapore - The challenges to Mapletree Industrial Trust’s (MINT) US portfolio have not lifted. The valuation of the US portfolio declined by 3.4% y-o-y as of end-March to US$3 billion from US$3.11 billion as of March 31, 2025. Its FY2026 (for the 12 months to Mar 31) net property income (NPI) fell by 5.9% y- ...
7 hours ago
China's yuan hits 3-year high, stocks dip, as investors await details from Trump-Xi summit
SHANGHAI: China's yuan edged up to a three-year high against the dollar on Thursday (May 14), while key stock indexes pulled away from recent peaks, as investors awaited more news from a summit between the leaders of the world's two largest economies.China's President Xi Jinping on Th ...
7 hours ago
BlackRock's GIP teams up with Temasek, Abu Dhabi heavyweights to target US$30b in infrastructure deals
It will also consider select investments within the wider Middle East and North Africa region
7 hours ago
Asia-Pacific banks face growing credit risks, raise provisions as Iran war drags on
The economic toll of the conflict is mounting in the region
7 hours ago
Thai economic growth likely slowed in first quarter on tourism slump
BENGALURU, May 14 : Thailand's economic growth likely slowed in the first quarter of 2026 and was barely positive on a quarterly basis, according to a Reuters poll of economists, as weak local demand and a tourism slowdown linked to the Iran war offset strong AI-driven exports.The tourism-depen ...
8 hours ago
Honda forecasts profit recovery after first ever annual loss
Almost one in three motorcycles sold globally carries the Honda badge
8 hours ago
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
Goh Ruoxue - State slams lack of progress; Pelican Paradise rebuts no water, weak power
8 hours ago
SingPost scraps plan to sell flagship building, citing Paya Lebar upside
The postal group says it will instead upgrade SingPost Centre and expand commercial space for rent.
8 hours ago
US tariffs weigh on world wine trade in 2025 while consumption slips to new low
In addition to widespread weather losses, production has been curbed by uprooting of vines in response to declining demand
9 hours ago
OCBC signs 5-year partnership with Australian government to boost regional investment, trade
Meera Pathmanathan - The framework will focus on sectors including energy transition, green transportation and fintech
9 hours ago
OpenAI says no user data breached after security issue with open-source library
May 14 : OpenAI said on Wednesday it found no evidence that its user data was accessed after a security issue involving a supply-chain attack on TanStack npm, an open-source library.
9 hours ago
As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market
Foreign carriers gain share of international traffic from India
9 hours ago
BOJ board member Masu calls for early rate hike, joins hawkish chorus
TOKYO, May 14 : The Bank of Japan should raise interest rates as soon as possible if there are no clear signs of an economic slowdown, Kazuyuki Masu, a member of the central bank's board, said on Thursday, pointing to mixed views at an April policy meeting.The remarks by Masu, who voted to keep ...
9 hours ago
BOJ board member Masu calls for early rate hike
TOKYO, May 14 : The Bank of Japan should raise interest rates as soon as possible if there are no clear signs of an economic slowdown, Kazuyuki Masu, a member of the central bank's board, said on Thursday, pointing to mixed views at an April policy meeting.The remarks by Masu, who voted to keep ...
9 hours ago
Chinese firms warn Indonesia’s nickel quotas, tax hikes threaten investment
The government has delayed planned increases in mineral royalties and export duties
10 hours ago
Keppel DC REIT's DPU could rise by as much as 5% from AEI of SGP1 says JP Morgan
The Edge Singapore - During Keppel DC REIT’s 1QFY2026 results announcement, the manager articulated that it is considering a "transformational" AEI for KDC SPG 1, a data centre with just 53% occupancy by net lettable area (NLA). In a report dated May 11, JP Morgan says that KDC SGP 1 is the only asset owned ...
10 hours ago
New volunteering scheme for firms launched as businesses with social impact keep Singapore's edge: David Neo
Businesses can be powerful engines of social change, said Acting Minister for Culture, Community and Youth David Neo.
10 hours ago
AI boom puts SK Hynix on the cusp US$1 trillion market value
Samsung became South Korea’s first trillion-dollar company earlier this month
10 hours ago
Asia stocks climb, yuan at 3-year high as Trump-Xi summit looms
Oil prices remain well above the pre-war levels, fanning inflation worries worldwide
10 hours ago
Asia stocks gain on AI enthusiasm, focus on Trump-Xi summit; renminbi hits 3-year high
Oil prices remain well above the pre-war levels, fanning inflation worries worldwide
10 hours ago
Asian stocks uneven as investors assess high-stakes Trump-Xi talks, AI rally
The meeting of the superpowers will likely be overshadowed by the war in the Middle East, which has seen the crucial Strait of Hormuz effectively closed - sending global energy prices soaring.
10 hours ago
Asia markets mixed as Trump-Xi summit, AI trade dominate
The meeting of the superpowers will likely be overshadowed by the war in the Middle East, which has seen the crucial Strait of Hormuz effectively closed - sending global energy prices soaring.
10 hours ago
DBS, UOB among lenders arranging Airtrunk’s US$2 billion loan for Malaysia growth
Proceeds will support the firm’s 200-megawatt JHB2 facility located in Johor
10 hours ago
DBS, UOB among lenders arranging US$2 billion AirTrunk’s loan for Malaysia growth
Proceeds will support the firm’s 200-megawatt JHB2 facility located in Johor
11 hours ago
Gold prices steady as Trump-Xi meeting, Iran war draw focus
The US president is expected to seek China’s help to resolve the costly and unpopular conflict
11 hours ago
New York, California pension leaders oppose 'extreme' SpaceX control structure
BOSTON, May 13 : Leaders of three of the biggest U.S. public pension systems said they have major concerns over SpaceX's "extreme" ownership and control set-up in its upcoming public stock listing, urging founder and CEO Elon Musk to remove provisions that would curb shareholder prote ...
11 hours ago
Exclusive-New York, California pension leaders oppose 'extreme' SpaceX control structure
BOSTON, May 13 : Leaders of three of the biggest U.S. public pension systems said they have major concerns over SpaceX's "extreme" ownership and control set-up in its upcoming public stock listing, urging founder and CEO Elon Musk to remove provisions that would curb shareholder prote ...
11 hours ago
War turmoil saps Asian reserves with Philippines, India hit most
While central banks have been active to support their currencies, losses are significant
11 hours ago
SingPost ends 5.3% down after H2 earnings dive
Therese Soh - The counter finishes at S$0.355, as more than 26.1 million shares change hands
11 hours ago
SingPost down 4% after H2 earnings dive
Therese Soh - The counter is 43.3% lower than its closing price one year ago
11 hours ago
AEM jumps again following 1QFY2026 results; DBS raises target price to $11.80
The Edge Singapore - Amanda Tan of DBS Group Research has maintained her "buy" call on AEM Holdings after the chip tester's 1QFY2026 results that beat expectations. With better AI-driven growth prospects seen in the coming years from both existing and new customers, she has raised her target price from $8 ...
12 hours ago
SingPost, Fullerton Health to collaborate on healthcare logistics, last-mile medical delivery
Therese Soh - This marks a step in its diversification into healthcare as a focus sector
12 hours ago
Blackstone Digital Infrastructure raises US$1.75 billion in IPO to buy data centres
The listing is the largest ever IPO of a Reit set up as a so-called blind pool