5 hours ago
SGX-listed gold-linked counters lose steam on yellow metal’s decade-worst retreat
Benicia Tan - Market watchers expect volatility in the precious metal to continue in the near term
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
5 hours ago
BlueFive Capital closes $3 billion Onyx Fund I targeting US, Europe tech investments
DUBAI, Feb 2 : BlueFive Capital closed its $3 billion Onyx Fund I, it said on Monday, targeting opportunistic technology and growth investments in the U.S. and Europe.The fund, which is registered with the Abu Dhabi Global Market, will focus on investments in artificial intelligence, biotechnology a ...
6 hours ago
Temasek, LIC plan share sales in NSE’s India IPO: source
All shareholders of NSE will be given the option to participate in the secondary sale as part of the IPO
6 hours ago
Mizuho reports 14% rise in third-quarter profit, expands buyback programme
TOKYO, Feb 2 : Mizuho Financial Group on Monday said its third-quarter net profit rose 14 per cent from a year earlier and increased the size of its share repurchase plan, as Japan's banking sector reaps the benefits from rising interest rates and the end of deflation.The firm said its profit r ...
6 hours ago
Mizuho books 14% rise in third-quarter profit
TOKYO, Feb 2 : Japan's third-largest banking group Mizuho Financial Group logged a 14 per cent rise in third-quarter net profit, it said on Monday. Net profit rose to 329.9 billion yen ($2.13 billion) for the October-December period, up from 289.2 billion yen for the same period the previous ye ...
6 hours ago
Mizuho books 14% rise in third-quarter profit, expands buyback programme
TOKYO, Feb 2 : Japan's third-largest banking group, Mizuho Financial Group, logged a 14 per cent rise in third-quarter net profit and bumped up its share buyback programme, it said on Monday. Net profit rose to 329.9 billion yen ($2.13 billion) for the October-December period, up from 289.2 bi ...
6 hours ago
Maybank keeps 'buy' on Coliwoo as its expansion is underway
Samantha Chiew - Maybank Securities is keeping a "buy" call and 74 cents target price on Coliwoo Holdings following its announcement to acquire 2 Changi Business Park Avenue 1 for $101 million, in what is its first significant acquisition since its listing last November. The property is now run as Park Ave ...
6 hours ago
Alibaba to spend three billion yuan for Chinese New Year AI push as chatbot war heats up
The public holiday period this year begins on Feb 15 and is nine days long, longer than in most previous years
7 hours ago
Space partnerships take centrestage as Singapore prepares national space agency
Nurdianah Md Nur - A slew of partnerships was unveiled at the opening of Space Summit 2026 in Singapore as the city-state announced plans to launch its national space agency on April 1. The initiatives span satellite-based climate monitoring, secure communications, next-generation connectivity and workforce developmen ...
7 hours ago
Gold, silver extend free fall as CME margin hike fuels selling pressure
Feb 2 : A rout in gold and silver intensified on Monday after top commodity exchange CME Group raised margin requirements following a collapse in metals prices last week that was triggered by Kevin Warsh's nomination as the next Fed chair. Spot gold fell 6.1 per cent to $4,565.79 per ounce by 0 ...
7 hours ago
Gold, silver selloff deepens after CME hikes margins
Feb 2 : Gold and silver extended falls on Monday after CME Group raised margin requirements following a sharp selloff in precious metals last week on U.S. President Donald Trump's nomination of Kevin Warsh to be the next Federal Reserve chair.Spot gold logged its sharpest one-day drop since 198 ...
7 hours ago
Gold, silver fall further as CME margin hike stokes selling
Feb 2 : Gold and silver prices dropped on Monday as increased CME margin requirements added to the selling pressure following last week's selloff sparked by Kevin Warsh's nomination as the incoming Federal Reserve chair. Spot gold was 3.2 per cent lower at $4,708.19 per ounce by 1 ...
7 hours ago
Indonesia imports 1,300 cows from Australia in ambitious dairy plan
JAKARTA, Feb 2 : Indonesia imported 1,383 more cows from Australia this week, agriculture officials said on Monday, as part of an ambitious $3 billion plan to woo small farmers to join efforts to quadruple dairy output. Jakarta, contending with limited funds, is pushing private companies to fund t ...
7 hours ago
Japan's top business lobby invites activist fund Elliott for governance talks
(Removes extra character in headline, no changes to text)By Makiko YamazakiTOKYO, Feb 2 : Japan's biggest business lobby, Keidanren, has invited activist investor Elliott Investment Management to a private meeting on March 5 to discuss issues of corporate governance, it told member firms in a n ...
7 hours ago
Singtel and HTX deepen collaboration on AI and secure networks for public safety
Nurdianah Md Nur - Singapore’s Home Team Science and Technology Agency (HTX) has expanded a strategic technology partnership with Singapore Telecommunications (Singtel), focused on artificial intelligence (AI), secure communications and cybersecurity for public safety operations. The new five-year agreement deepens ...
7 hours ago
Hyundai Motor did not exercise option to buy back Russian auto factory
Chinese brands have gained significant market share over the past four years
8 hours ago
Soon Hock guides for ‘significant improvement’ in revenue and net profit for FY2025
Felicia Tan - Soon Hock Enterprise Holdings says it expects to report a “significant improvement” for its revenue and net profit for the FY2025 ended Dec 31, 2025. The expected y-o-y improvement is mainly attributed to the company’s temporary occupation permit (TOP) for its industrial development project, S ...
8 hours ago
Indonesia's January inflation highest in almost 3 years
JAKARTA, Feb 2 : Indonesia in January reported its quickest pace of inflation in nearly three years, its statistics bureau said on Monday, as it also released surprisingly strong export and import growth in December.The inflation rate accelerated to 3.55 per cent in January from 2.92 per cent a mont ...
8 hours ago
Indonesia reports $2.52 billion trade surplus in December, above forecast
JAKARTA, Feb 2 : Indonesia reported a $2.52 billion trade surplus in December, beating a forecast of $2.45 billion in a Reuters poll, official data showed on Monday, with exports outpacing imports over the month.Exports rose 11.64 per cent annually in December to reach $26.35 billion, compared with ...
8 hours ago
Slew of announcements should buoy spirits of Rex International shareholders
Lin Daoyi - Over the last week, Rex International has made several announcements that would be music to its shareholders. In its latest bourse filing on Feb 2, oil and gas explorer Rex International announced the discovery of hydrocarbons in the “Knockando Fensfjord” prospect in the Brage Field, Norway. Rex ...
8 hours ago
Aviation leaders tackle industrial and geopolitical headwinds
Asia-Pacific is the world’s fastest-growing region for air travel
8 hours ago
India to spend 100 billion rupees to make biopharma production hub
The funding will be directed towards the research and production of biologics and biosimilar medicines
9 hours ago
Thailand’s election is awash with giveaways, but real economic reform remains the hard sell
No political party is expected to win a majority, which means a coalition government is inevitable
9 hours ago
Therme Group, developer of $1 bil wellness resort in Marina Bay, appoints former JTC CEO as S’pore chief
Jovi Ho - Therme Group, the Vienna-headquartered developer building a $1 billion “wellness attraction” in the Marina South Coastal area, has appointed former JTC Corporation CEO Tan Boon Khai as CEO of Therme Group Singapore. Tan, who joined JTC in 2020 from the Singapore Land Authority, stepped down from ...
9 hours ago
Philippine economy to rebound in 2026 with at least 5% growth, says minister
MANILA, Feb 2 : The Philippine economy will bounce back this year with growth of at least 5 per cent, supported by sound fundamentals and a solid performance in its key revenue sectors, the finance minister said on Monday. The Philippine economy grew just 4.4 per cent in 2025, well below the govern ...
9 hours ago
Metals traders lose at least one billion yuan as ‘Hat’ flees China
Chinese metals markets have seen more than their fair share of scandal in recent years
9 hours ago
ST Engineering debuts new solutions across aviation, defence and smart city at Singapore Airshow 2026
Douglas Toh - Singapore Technologies Engineering (ST Engineering) returns to this year’s iteration of the Singapore Airshow with a showcase of new products across its three business divisions. Occupying a pavilion of some 2,000 square metres (sq m) or 21,527.82 sq ft, the group is debuting three solutions in it ...
9 hours ago
How Apac is redefining the collaborative workplace in 2026
Niko Walraven - The emergency phase of hybrid work is long over, but for many enterprises in Asia Pacific (Apac), it has left behind a fragmented, patchwork legacy. As we look toward 2026, the conversation in boardrooms across the region has shifted. It is no longer about whether hybrid work functions, but whether ...
9 hours ago
A US$10 billion data centre prize: Why KKR, Singtel and GIC want Temasek-backed STT GDC
Shikhar Gupta - Should the deal go through, it would be one of Asia’s largest data centre transactions
9 hours ago
The US$10 billion giant: Why KKR, Singtel and GIC want Temasek-backed STT GDC
Shikhar Gupta - Should it go through, the deal would be one of Asia’s largest data-centre transactions
9 hours ago
ST Engineering pushes further into orbit with new satellites and geospatial analytics
Nurdianah Md Nur - ST Engineering is expanding its satellite development and geospatial analytics capabilities as Singapore builds out its space sector. At the Space Summit 2026, ST Engineering announces that it will design and develop satellites in Singapore over the coming years, while rolling out space-enabled solu ...
9 hours ago
‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
Therese Soh - The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88
9 hours ago
Indonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
Foreigners have sold around US$736 million worth of shares since Wednesday
9 hours ago
Indonesian stocks fall 6% after last week’s dramatic shake-up, US$80 billion rout
Foreigners have sold around US$736 million worth of shares since Wednesday