8 hours ago
‘We’re not deal junkies’: CapitaLand Investment CEO says potential M&As must help build long-term capabilities, drive share price
Jude Chan - Any such deal must ‘make strategic sense’, says Lee Chee Koon
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
China's producer deflation persists, consumer inflation cools in Jan
BEIJING: China's consumer inflation cooled in January while producer price deflation persisted, reinforcing market calls for more policy measures to address the mismatch between supply and demand. The consumer price index (CPI) rose 0.2 per cent from the same month last yea
8 hours ago
China makes small dents in deflation battle as supply-demand imbalance persists
BEIJING: China's consumer inflation cooled in January while producer price deflation persisted, highlighting once again the underlying weakness in domestic demand and a key challenge for policymakers looking to shore up an uneven economic recovery.Beijing has repeatedly pledged to better align ...
8 hours ago
Australia central bank again warns inflation is too high
[SYDNEY] A top Australian central banker said on Wednesday inflation was too high and policy makers were committed to doing whatever was...
8 hours ago
UK fintech funding fell 21% last year, hitting lowest since 2020
Total global fintech funding hit US$116 billion, up from US$95.5 billion in 2024, according to the report
8 hours ago
HSBC Singapore appoints new director to board
Douglas Toh - Hongkong and Shanghai Banking Corporation (HSBC) Singapore has appointed group chief operating officer (COO) Suzy White to its board, effective from Jan 30 this year. White has been serving as group COO since October 2024 and is also a member of the group operating committee. In her 25 years of expe ...
8 hours ago
Sheng Siong shares close 4.2% lower after OCBC downgrade
Shikhar Gupta - The stock’s forward price-to-earnings ratio is more than two standard deviations above its historical average
8 hours ago
Sheng Siong shares down 3.9% at midday after OCBC downgrade
Shikhar Gupta - The stock’s forward price-to-earnings ratio is more than two standard deviations above its historical average
8 hours ago
Sheng Siong shares tumble as much as 6% after OCBC downgrade
Shikhar Gupta - The stock’s forward price-to-earnings ratio is more than two standard deviations above its historical average
8 hours ago
Vizzio snags Nasdaq vice-chair and ex-Temasek, SingPost leaders, two years after credential saga
Benjamin Cher - Robert McCooey, Raymond Chiam and Shahrin Abdol Salam, among others, have joined the tech startup
8 hours ago
Gold, silver climb as US yields fall on softer retail sales
Non-yielding bullion tends to do well in low-interest-rate environments
9 hours ago
Jack Ma-backed Ant bets on AI health in 480 billion yuan sector race
The move comes with risks in a digital health sector littered with companies that scaled quickly, but struggled to turn a profit.
9 hours ago
China’s Li inspects rare earth facilities, hints at leverage in US rivalry
Rare earths are components essential to the manufacture of everything from automobiles to smartphones
9 hours ago
CapitaLand Investment shares fall 3.5% after posting H2 net loss
Shikhar Gupta - The asset manager’s latest S$142 million net loss marks a reversal from the S$148 million earnings reported a year earlier
9 hours ago
CapitaLand Investment slumps as much as 8.5% after posting H2 net loss
Shikhar Gupta - The asset manager’s latest S$142 million net loss marks a reversal from the S$148 million earnings reported a year earlier
9 hours ago
FAA says air traffic control overhaul management contract worth $1.5 billion
WASHINGTON, Feb 10 : The Federal Aviation Administration said on Tuesday its contract with national security firm Peraton, the project manager of a $12.5-billion effort to overhaul the aging U.S. air traffic control system, was worth $1.5 billion.In a briefing to House of Representative lawmakers, F ...
9 hours ago
Samsung to unveil AI-charged Galaxy S26 smartphones on Feb 25
The company currently leans on Google Gemini for many of its AI-powered features
9 hours ago
Carsome charges into EV resale market as electric cars gain traction in South-east Asia
Tan Ai Leng - With EV depreciation outpacing conventional cars, the e-commerce platform wants to plug the gaps for its next growth play
9 hours ago
Memory chip demand will be strong this year and into 2027: Samsung Electronics executive
[SEOUL] Samsung Electronics expects strong demand for memory chips to continue this year and extend into next, a company executive said on...
9 hours ago
Memory chip demand will be strong this year and into 2027, Samsung Elec executive says
SEOUL, Feb 11 : Samsung Electronics expects strong demand for memory chips to continue this year and extend into next, a company executive said on Wednesday, citing robust demand driven by artificial intelligence.Song Jai-hyuk, the chief technology officer for Samsung Electronic's chip division ...
9 hours ago
Ford falls behind China’s BYD in global sales for the first time
The US automaker has weathered a difficult EV transition, announcing US$19.5 billion in charges to overhaul its strategy
10 hours ago
Vin’s Holdings expects ‘significant improvement’ in H2 net profit
Shikhar Gupta - However, it forecasts full-year earnings to fall due to a first-half loss
10 hours ago
Oiltek’s profit after tax up 7.9% to nearly RM32 mil, proposes final dividend of 0.7 cents
Lin Daoyi - For FY2025 ended Dec 31, Oiltek International has reported profit after tax of RM31.98 ($10.29) million, representing a y-o-y increase of 7.9%. Adjusted for the 2-for-1 bonus share issue in 2025, earnings per share would be 7.45 sen, compared to 6.91 sen from the previous year. Despite higher overal ...
10 hours ago
Philippines’ digital banks chase profits as regulator ups the stakes
Both GoTyme and Tonik have said they aim to become net profitable in the next year
10 hours ago
PH digital banks chase profits as regulator ups the stakes
Both GoTyme and Tonik have said they aim to become net profitable in the next year
10 hours ago
Stocks to watch: CapitaLand Investment, F&N, Centurion Accommodation Reit, Wing Tai
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 11):
10 hours ago
Boeing plans to open fourth 737 production line in midsummer
The planemaker has started training workers to man the line
10 hours ago
CLI posts S$142 million H2 loss on China revaluation losses, even as operating profit rises 30%
Ry-Anne Lim - Revaluation loss and impairments exceed S$400 million; the group will speed up action on China assets
10 hours ago
CLI posts S$142m H2 loss on China revaluation losses, even as operating profit rises 30%
Ry-Anne Lim - Revaluation loss and impairments exceed S$400 million; the group will speed up action on China assets
10 hours ago
CLI sinks into red with S$142 million H2 loss on China asset drag; operating profit up 30%
Therese Soh - Revaluation loss and impairments total over S$400 million; group to speed up action on China assets
10 hours ago
CapitaLand Investment sinks into the red with S$142 million H2 net loss on China asset drag
Therese Soh - Half-year operating profit up 30% at S$279 million
10 hours ago
CapitaLand Investment sinks into the red with S$142 million H2 net loss amid lower portfolio gains
Therese Soh - Half-year operating profit up 30% at S$279 million
11 hours ago
Cloudflare forecasts annual sales above estimates as AI drives cloud demand
(Corrects paragraph 4 to say Clawdbot was renamed to OpenClaw and drops reference to Anthropic)Feb 10 : Cloudflare forecast annual and first-quarter sales above Wall Street estimates on Tuesday, betting on the rapid development of artificial intelligence technology to drive demand for its cloud serv ...
11 hours ago
US says trade deal with India to include concessions on pulses
Farmers are one of the most influential voting blocs in the South Asian nation