5 hours ago
Hongkong Land up 5.2% in early trade; briefly hits 10-year high on Singapore private fund launch
Therese Soh - It has injected its stakes in Marina Bay Financial Centre Towers 1 and 2, Marina Bay Link Mall and One Raffles Quay...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
5 hours ago
Hongkong Land up 5.2% on launch of S$8.2 billion Singapore real estate private fund
Therese Soh - It has injected its stakes in Marina Bay Financial Centre Towers 1 and 2, Marina Bay Link Mall and One Raffles Quay...
5 hours ago
Hongkong Land jumps 5% briefly to 10-year high on Singapore private fund launch
Therese Soh - Counter gives up some gains later in the morning; new fund includes company’s stakes in Marina Bay Financial Centre Towers 1 and...
6 hours ago
Malaysia’s Petronas set to sign LNG supply deal with QatarEnergy: sources
Petroliam Nasional is up against dwindling domestic gas reserves while local demand for the fuel rises
6 hours ago
IATA says US air travel to lag global growth in 2026 and beyond
Global airlines stand to earn a record US$41 billion this year
6 hours ago
Rise of AI may still be at ‘infancy’: Indosuez Wealth Management
Lin Daoyi - Indosuez Wealth Management suggests that investment in artificial intelligence in the US may still be in its “infancy” despite data from various sources estimating that Uncle Sam has spent a cumulative US$335.3 billion for the three years from 2023 to 2025. Chief investment officer Alexandre Dra ...
6 hours ago
CK Hutchison unit launches arbitration against Panama over port ruling
Hong Kong's CK Hutchison said on Wednesday (Feb 4) its Panama Ports Company unit has started international arbitration proceedings against Panama after a court there annulled its licences to operate two Panama Canal ports.Panama's Supreme Court last week
6 hours ago
Singtel and KKR consortium to buy remaining stake in ST Telemedia Global Data Centres for S$6.6 billion
SINGAPORE: Singtel said on Wednesday (Feb 4) that a consortium it is part of with private equity firm KKR will acquire an 81.7 per cent stake in Temasek Holdings' data centre business for S$6.6 billion (US$5.2 billion).Singtel will invest about S$740 million in the transaction and will hold a 2 ...
6 hours ago
Nvidia nears deal to invest US$20 billion in OpenAI round
The startup is looking to raise up to US$100 billion in funding for a new round
6 hours ago
Stocks to watch: Singtel, Hongkong Land, Keppel Reit, FLCT, GuocoLand, ESR Reit
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 4):
6 hours ago
More risk-taking and entrepreneurship now, but Singapore mindsets must change further
Benjamin Cher - Academics and market watchers call for bolder policy design, and for moves to encourage an entrepreneurial spirit to start earlier
6 hours ago
DBS stays 'buy' on GuocoLand following privatisation bid of Malaysia-listed subsidiary
The Edge Singapore - GuocoLand's privatisation bid of its KL-listed subsidiary GuocoLand (Malaysia) may raise questions over the rationale, given that this move is "inconsistent" with its earlier divestment of properties in Malaysia. However, DBS Group Research suggests that this latest development is par ...
7 hours ago
Indonesian miners halt spot coal exports over proposal to cut output
A brief export ban in 2022 sent prices sharply higher
7 hours ago
Keppel REIT’s FY2025 DPU down 6.6% y-o-y to 5.23 cents; aggregate leverage temporarily at 47.9%
Teo Zheng Long - Keppel REIT’s distribution per unit (DPU) declined 6.6% y-o-y to 5.23 cents in FY2025 for the 12 months to Dec 31, 2025, attributable to the enlarged unit base and the absence of contribution from the acquisition of 75% interest in Top Ryde City Shopping Centre and the acquisition of an additional ...
7 hours ago
Forget US megacaps. Buy Asia’s cheaper AI stocks instead, say analysts, naming Singapore picks
Therese Soh - A re-balancing beyond US tech giants could unleash artificial intelligence opportunities for Asia
7 hours ago
Forget US megacaps. Buy Asia’s cheaper AI stocks, say analysts, naming Singapore picks
Therese Soh - A rebalancing beyond US tech giants could unleash artificial intelligence opportunities for Asia
7 hours ago
ESR-Reit eyes S$8 billion AUM over five years, targets 8-10% unitholder returns
Chong Xin Wei - These goals will be achieved through selective redevelopments and acquisitions, while actively paring short land lease assets
7 hours ago
ESR-Reit posts 7.1% rise in H2 DPU to S$0.10675
Shikhar Gupta - The distribution for H2 will be paid out on Mar 24, following the record date of Feb 12
7 hours ago
EU to offer US critical minerals partnership to check China
The partnership aims to jointly find ways to source critical minerals without relying on the Asian nation
7 hours ago
KKR, Singtel confirm $6.6 bil acquisition of remaining stake in STT Global Data Centres
The Edge Singapore - KKR and Singtel are taking full ownership of ST Telemedia Global Data Centres by spending $6.6 billion to buy an 82% stake they don’t already own, in a big bet to meet growing demand for data storage and processing capacity. The latest transaction, first reported to be in the making since last Nov ...
7 hours ago
KKR, Singtel confirm $6.6 billion acquisition of remaining stake in STT Global Data Centres
The Edge Singapore - KKR and Singtel are taking full ownership of ST Telemedia Global Data Centres by spending $6.6 billion to buy an 82% stake they don’t already own, in a big bet to meet growing demand for data storage and processing capacity. The latest transaction, first reported to be in the making since last Nov ...
7 hours ago
Keppel Reit DPU down 10.4% at S$0.0251 for H2
Therese Soh - The distribution will be paid on Mar 25
7 hours ago
Keppel Reit H2 DPU down 10.4% at S$0.0251 amid enlarged unit base, higher NPI
Therese Soh - Lower DPU also due to absence of contributions from acquisitions completed in December
7 hours ago
ESR-REIT's FY2025 total DPU rises 3.4% y-o-y to 21.914 cents
The Edge Singapore - ESR-REIT reported a 3.4% y-o-y rise total distribution per unit (DPU) of 21.914 cents for the 12 months to Dec 31, 2025, its FY2025. Core DPU increased by 7.6% to 21.440 cents, and accounted for approximately 98% of total DPU, underpinned by higher core earnings and improved asset performance. Gross ...
7 hours ago
Nvidia nears deal to invest $20 billion in OpenAI funding round, Bloomberg News reports
The ChatGPT maker is also nearing a deal to invest US$20 billion in OpenAI as part of its latest funding round, reported Bloomberg News.
7 hours ago
Nvidia nears deal to invest $20 billion in OpenAI funding round, source says
The ChatGPT maker is also nearing a deal to invest US$20 billion in OpenAI as part of its latest funding round, reported Bloomberg News.
7 hours ago
KKR, Singtel buy STT GDC for S$6.6 billion
Young Zhan Heng - KKR and Singtel will own stakes of 75% and 25%, respectively, in the company
7 hours ago
KKR, Singtel buy STT GDC for S$6.6 billion in one of Asia’s largest data centre deals
Young Zhan Heng - KKR and Singtel will own stakes of 75% and 25%, respectively, in the company
8 hours ago
Alphabet plots big expansion in India as US restricts visas
Google rivals have recently set up shop in the country
8 hours ago
Latest proposals will boost investing on SGX, but costs may negate efficacy
Tay Peck Gek - Fees and commissions incurred might be relatively sizeable and eat into the returns
8 hours ago
Securities financing gains traction among Singapore players amid global demand, wealth inflows
Tan Nai Lun - While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say
8 hours ago
Securities financing gains traction among Singapore banks amid global demand, wealth inflows
Tan Nai Lun - While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say
8 hours ago
Mondelez forecasts muted annual revenue, profit as price hikes pull down volume
Consumers in the US have also been seeking healthier food options
8 hours ago
Amazon's AWS CEO calls orbital data centers 'pretty far' from reality
SAN FRANCISCO, Feb 3 : Amazon's top cloud computing executive said space-based data centers are "pretty far" from being a reality, even as a number of startups and the company's own founder, Jeff Bezos, have pursued the idea.The explosive growth of artificial intelligence require ...