6 hours ago
Nasdaq-listed biotech company Cytek boosts Singapore facility with US$3 million investment
Jermaine Fok - The firm aims to use the site to spearhead growth in Asia-Pacific
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
7 hours ago
Iran conflict forces central banks into sharp policy rethink
IMF urges policymakers to ‘think of the unthinkable’
8 hours ago
Singapore firms in Middle East say staff safe, operations largely unaffected by war
Companies are maintaining regular contact with employees on the ground and have restricted business travel to and from the region.
8 hours ago
Analysis:Activist threat pushes Japanese companies to unwind cross-shareholdings
TOKYO, March 9 : Pressure from activists, or the fear of being targeted by them, is pushing Japanese companies to accelerate governance reforms by unwinding the cross-shareholdings that have underpinned relationships for decades.Major firms including Toyota Motor and Nintendo have moved to unwind cr ...
8 hours ago
Iran conflict forces Asian central banks into sharp policy rethink
TOKYO, March 9 : The escalating crisis in the Middle East has dramatically changed the outlook for Asian central banks, with the huge supply shock posing a difficult trade-off between underpinning growth and countering inflation.For emerging Asian central banks, cutting interest rates has become a r ...
8 hours ago
mm2 Asia proposes share placement, rights issue with private equity fund
Therese Soh - The proposed transactions are part of company’s overall restructuring, as it aims to strengthen its capital base and improve its working capital...
8 hours ago
Look upstream to SIA Engineering, China Aviation Oil as war breaks out: OCBC
Jovi Ho - Ongoing disruptions in the Middle East airspace, which is causing significant flight delays and cancellations, as well as a surge in airfares, may weigh on tourist arrivals in Singapore, says OCBC Group Research analyst Ada Lim. This comes on top of an 8.1% y-o-y drop in visitors to 1.5 million in J ...
9 hours ago
Cafe chain The Providore abruptly shuts all 6 outlets in Singapore
Paige Lim - Staff were reportedly informed of the closure only on the same day
9 hours ago
Cafe chain and grocer The Providore shuts all 6 outlets in Singapore
Paige Lim - Based on an industry report, the brand was sold to new owners Vino Vibe and SingFire Capital in April 2025
9 hours ago
Global bond sell-off deepens as oil jump stokes stagflation fear
Chinese government bonds declined as well, with 30-year bond futures posting their biggest drop of the year
9 hours ago
Vietnam plans to scrap fuel import curbs to keep supply flowing
The country’s crude oil production currently averages about 180,000 barrels per day
10 hours ago
Indian central bank likely selling dollars to avert rupee slide to record low, traders say
[MUMBAI] The Indian central likely stepped into the foreign exchange market on Monday, four traders told Reuters, to limit the rupee’s decline...
10 hours ago
Muji is turning simple skincare into its next growth engine
[TOKYO] Muji, the Japanese retailer known for pared-back household goods and logo-free clothing, is betting on its fast-growing, value-for-money skincare products to...
10 hours ago
Mind the perils of buying a minority stake in a landed home
Leslie Yee - Why buying a one-seventh interest in 5 Oxley Rise could be a big gamble
10 hours ago
JPMorgan sticks with ‘overweight’ on Singtel as share buybacks begin early
Nurdianah Md Nur - JPMorgan is maintaining its “overweight” call on Singapore Telecommunications (Singtel), raising its target price to $5.80 from $5.20 previously. The move comes as Singtel has executed its share buyback programme earlier than expected, as part of its broader capital recycling strategy to boost s ...
11 hours ago
Tencent is said to be back on Paramount-Warner Bros deal with fresh funding
Chinese ownership of US assets has been a cause for concern in Washington, resulting in a deal for social media site TikTok’s...
11 hours ago
PhillipCapital keeps ‘buy’ on 17Live but cuts target price on softer growth assumptions
Samantha Chiew - PhillipCapital is reiterating its “buy” call on Singapore’s first and only successfully Spac listed company 17Live, but has dropped target price to $1.18 from $1.45 previously. This comes on the back of the live streaming platform operator’s recent FY2025 ended Dec 31, 2025 results announcem ...
11 hours ago
How the next AI era will drive aviation transformation and elevate authentic travel experiences
Shashank Sharma - The aviation industry is undergoing a major technological shift, moving from automated systems to more autonomous, decision-driven models. While airlines have steadily adopted AI for efficiency and customer-facing tasks, a fundamentally different capability—agentic AI—has emerged and is beginnin ...
11 hours ago
Airline shares battered as oil prices spike, Iran war intensifies
Some people have turned to private jets to leave the Middle East
11 hours ago
Hildrics Capital to support mm2 Asia's restructuring with $15 mil placement; $10 mil rights issue planned
The Edge Singapore - Hildrics Asia Growth Fund VCC has entered into a term sheet to support beleaguered entertainment company mm2 Asia by investing $15 million via a placement. Hildrics Capital is an existing investor in businesses related to mm2 Asia. The VCC is under Hildrics Capital, whose CEO Choo Kee Siong is a for ...
11 hours ago
Asia’s ultra-rich having second thoughts on Dubai as war rages
The city’s stunning growth has lured the global rich, along with a clutch of banks and Wall Street money managers
11 hours ago
Renminbi adoption gains traction in Asean amid deepening regional trade ties: Standard Chartered
Koh Kim Xuan - Momentum is growing through manufacturing activity, procurement flows and regional supply chains
11 hours ago
PhillipCapital upgrades Ever Glory United to ‘buy’ with higher TP of $1.05
Felicia Tan - PhillipCapital’s Chong Yik Ban has upgraded his call on Ever Glory United Holdings to “buy” after the group’s 2HFY2025 revenue and adjusted patmi exceeded expectations. During the six months ended Dec 31, 2025, Ever Glory United’s revenue was up by 83.7% y-o-y to $78.2 million while adjust ...
11 hours ago
South Korea to impose fuel price cap to shield economy from energy shock
SEOUL, March 9 : South Korean President Lee Jae Myung said on Monday that authorities would cap domestic fuel prices for the first time in nearly 30 years to contain a spike in prices after the conflict in the Middle East sent global crude prices sharply higher.Speaking at an emergency meeting on th ...
12 hours ago
PhillipCapital and OCBC Group Research keeping their respective ‘buy’ calls on Nordic following recent FY2025 results
Teo Zheng Long - Both PhillipCapital and OCBC Group Research are maintaining “buy” on Nordic Group (SGX: MR7 ) following its recent FY2025 results. In his Mar 6 report, Hashim Osman of PhillipCapital says that Nordic Group’s 2HFY2025 and FY2025 PATMI met 49% and 87% of his FY2025 estimates. Despite a 16.8% y-o ...
12 hours ago
Gold prices drop over 2% as firmer dollar, US rate outlook weigh
Investors expect the US Federal Reserve to keep interest rates steady at the end of its two-day meeting on Mar 18
12 hours ago
Gold prices drop over 2 per cent as firmer dollar, US rate outlook weigh
Investors expect the US Federal Reserve to keep interest rates steady at the end of its two-day meeting on Mar 18
12 hours ago
DBS Group Research sees Innotek ‘scaling into the AI hardware value chain’ in un-rated report
Teo Zheng Long - DBS Group Research (DBS) analysts Amanda Tan and Ling Lee keng believe that Innotek’s (SGX: M14 ) artificial intelligence (AI) exposure will help support structural re-rating for the counter beyond just traditional precision engineering. In their Mar 9 un-rated report, while the DBS analysts obser ...
13 hours ago
DBS CEO Tan Su Shan receives S$9.6 million pay package for 2025, in first year at helm
Renald Yeo - This compares with the S$17.6 million remuneration received by former CEO Piyush Gupta in 2024
13 hours ago
Australian shares extend selloff as crude prices fuel cost-of living woes
AUSTRALIAN shares dropped more than 3 per cent on Monday, as oil prices’ ascent to over US$100 per barrel due to the Middle East...
13 hours ago
AJJ Medtech wins four-year supply contract for biodegradable medical consumables worth $3 mil
Teo Zheng Long - AJJ Medtech (SGX: 584 ) announces that it has won a four-year supply contract valued at approximately $3 million with a network of Singapore healthcare institutions. The contract, which will commence on June 1, 2026, has a tenure of two years with an option to extend for a further two years, and cov ...
13 hours ago
China’s ‘smart economy’ push spurs hunt for new stock winners
More broadly, Chinese markets have held up better than their Asian peers amid the global sell-off caused by the war in Iran
13 hours ago
STI, Malaysia, Indonesia stock markets down as oil spikes past US$100
Shikhar Gupta - The STI closed 1.9% lower
13 hours ago
STI, Malaysia, Indonesia stocks down as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI drops as much as 3.1% on Monday morning before paring some losses to close 1.9% lower