8 hours ago
US removes inaccurate claim of Singapore’s 2024 trade surplus from unfair trade probe; investigations ongoing: MTI
Jermaine Fok - Further updates expected; 10% tariffs on the Republic’s exports remain unchanged
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Hong Leong Holdings’ 863-unit Tengah Garden Residences priced from $1,779 psf
Jovi Ho - Hong Leong Holdings will start previewing its 863-unit Tengah Garden Residences on April 11. The project marks the first private residential development with retail amenities in Tengah New Town, and follows three executive condominium developments in the precinct: Copen Grand, Novo Place and Otto Pl ...
9 hours ago
Tickrs maintains ‘buy’ call on Hafary and target price of 58 cents given recent pull back in share price
Teo Zheng Long - Analyst Jaimes Chao of Tickrs Financial has maintained his “buy” recommendation for Singapore's leading building material supplier Hafary Holdings Limited (SGX: 5VS ) (Hafary), given recent share price pullback presents a better entry point for investors. In his March 31 report, Chao highli ...
9 hours ago
Why Singapore’s AI ambitions will stall without the right enterprise foundations
Victor Ng - Artificial intelligence (AI) is rapidly becoming embedded across Singapore’s economy, with growing adoption across sectors. This momentum aligns with the ambitions outlined in the National AI Strategy 2.0, further supported by expanded funding and upskilling initiatives announced in Budget 2026. H ...
9 hours ago
Controlling interest in Stars of Kovan retail podium for sale
Jovi Ho - A controlling interest in the Stars of Kovan retail podium is up for sale via expression of interest, according to Sakal Real Estate. The retail portfolio comprises 36 strata retail units totalling 2,103 sqm (22,638 sq ft) and a basement carpark facility spanning 2,440 sqm (26,624 sq ft) with 80 lot ...
9 hours ago
Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music Group
April 7 : Bill Ackman's Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the world's biggest music label's value with a listing in the United States.Pershing Square's cash-and-shares offer values Universal M ...
9 hours ago
Pershing Square proposes $64 billion Universal Music merger with acquisition company
April 7 : Bill Ackman's Pershing Square on Tuesday proposed merging its acquisition vehicle with Universal Music Group with a plan to list in the United States in a deal aimed at reviving the world's biggest music label's value.Pershing Square's cash-and-shares offer values Unive ...
9 hours ago
Ackman's Pershing Square offers to buy Universal Music for nearly $65 billion
April 7 : Bill Ackman's Pershing Square said on Tuesday it proposed to buy Universal Music Group in a cash-and-stock deal worth about 55.75 billion euros ($64.31 billion).The deal value is based on Reuters calculations.Pershing Square said its offer estimates Universal Music at about 30.4 euros ...
9 hours ago
Co-funding for essential bus services among targeted support for businesses amid Middle East war: Jeffrey Siow
Higher energy and logistics costs will continue to be felt by businesses across the economy for some time, with SMEs particularly vulnerable, says Mr Siow.
9 hours ago
Singapore faces slower growth, higher inflation as Middle East conflict disrupts global supplies: Gan Kim Yong
Singapore must be prepared for the effects of the war to persist for some time, says Deputy Prime Minister Gan Kim Yong.
9 hours ago
Air India CEO Campbell Wilson resigns amid losses and regulatory scrutiny, source says
NEW DELHI: Air India CEO Campbell Wilson has resigned, a source with direct knowledge of the matter said on Tuesday (Apr 7), as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people.The news of his resignation comes just day ...
9 hours ago
S$500 CDC vouchers brought forward to June; Cost-of-Living special payment up by S$200 to ease pressures
Low Youjin - The CDC vouchers originally to be disbursed in January 2027
9 hours ago
S$500 CDC vouchers to be disbursed earlier in June; Cost-of-Living special payment raised to ease cost pressures
Low Youjin - The special payment will be increased by S$200 for all eligible Singaporeans
9 hours ago
Iran war to hurt Singapore’s growth and drive inflation higher; forecasts to be revised: Gan
Janice Heng - Beyond the energy and chemicals sector, higher costs will hurt wider manufacturing, transport and travel, as well as domestic services
9 hours ago
Singtel, CPF Board to transfer legacy discounted shares to investors’ CDP, giving 615,000 shareholders direct control
Jude Chan - As a rough gauge, an investor will make a return of about six times on the original investment
9 hours ago
Singtel, CPF Board to transfer legacy discounted shares to CDP, easing way for 615,000 investors to unlock cash
Jude Chan - As a rough gauge, an investor will make a return of about six times on the original investment
9 hours ago
Inflation scars risk quickly lifting expectations; ECB must be ready to act: policymaker
Surging energy costs prompted by the Iran war have already pushed inflation well above the ECB’s 2% target
10 hours ago
FAQ: What can I do with my Singtel special discounted shares?
Here’s what you need to know about the transfer of Singtel special discounted shares to the holders' own CDP accounts.
10 hours ago
Singtel special discounted shares to be transferred to holders' CDP accounts; CPF withdrawal conditions to be waived
The special discounted shares were issued in 1993 when Singtel was first listed on the Singapore mainboard in a scheme to encourage share ownership among Singaporeans.
10 hours ago
BOJ to raise rates by July on mounting price pressure, ex-board member says
TOKYO, April 7 : The Bank of Japan will likely raise interest rates by July, as soaring oil costs from the Middle East war increase the risk it will fall behind the curve in dealing with mounting inflationary pressure, its former board member Seiji Adachi said on Tuesday.Underlying inflation has alr ...
10 hours ago
Once Sweden’s top company, H&M’s struggling to sell its rebound story
As international investors have thinned out, the company has become more tightly held, with limited external pressure to force faster change
10 hours ago
Asian Development Bank launches US$25 million fund for Asean power grid
[MANILA] The Asian Development Bank said on Tuesday that it has launched South-east Asia’s first multi-partner fund to accelerate the development of...
10 hours ago
Watch live: Singapore government to unveil support measures to mitigate impact of Iran war
Cabinet ministers, who are part of the newly formed Homefront Crisis Ministerial Committee, will announce measures to cushion the fallout from the...
10 hours ago
Trump floats seizing Iran oil as he weighs Chinese leverage play
The US president’s geopolitical moves are already affecting China
11 hours ago
One of seven stranded Malaysian vessels sails through Hormuz
The effective closure of the strait has roiled markets and triggered a broad energy crisis
11 hours ago
Indonesia’s central bank intervenes in FX market after the rupiah hits a record low
[JAKARTA] Bank Indonesia (BI) has intervened to maintain the rupiah’s stability and avoid excessive volatility after the currency hit a record low...
11 hours ago
Goldman warns on copper as Iran war threatens global economy
Most base metals have come under growing pressure in the past month
11 hours ago
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Tan Ai Leng - Corporate control allegations involving anti-graft buster, powerful businessmen testing governance credibility
11 hours ago
Singapore’s workforce shows gains in resilience, slips in engagement: reports
Nurdianah Md Nur - Despite getting better at handling pressure, Singapore’s workforce is becoming less motivated. According to Intellect's Workplace Wellbeing 360 Report 2026, employees in the city-state recorded a 10.4 percentage-point improvement in stress management over the past year. Productivity edged up ...
11 hours ago
Apple’s foldable iPhone encounters engineering snags, faces potential shipment delays: Nikkei Asia
APPLE has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its...
11 hours ago
AirTrunk hires banks for Singapore IPO that could raise over US$1 billion: sources
The company is backed by US-based investment firm Blackstone
12 hours ago
Sunway fails in bid to take over IJM
John Lai The Edge Malaysia atSunw theedgemalaysia.com - Sunway Bhd’s bid to take over IJM Corp Bhd has failed, after it failed to meet the conditional requirement of securing an over 50% stake in the latter. As at 5pm on April 6, the closing date of the offer, Sunway had received acceptances amounting to only 33.43%. In a statement on Monday, Maybank I ...
12 hours ago
Indonesia's central bank says intervenes in FX market after the rupiah hits a record low
JAKARTA, April 7 : Bank Indonesia has intervened to maintain rupiah stability in spot and non-deliverable forwards markets after the currency hit a record low against the dollar, senior deputy governor Destry Damayanti told Reuters on Tuesday.The rupiah weakened by as much as 0.35 per cent to 17,090 ...
12 hours ago
Indonesia's central bank intervenes in FX market after the rupiah hits a record low
JAKARTA, April 7 : Bank Indonesia (BI) has intervened to maintain the rupiah's stability and avoid excessive volatility after the currency hit a record low against the dollar, Senior Deputy Governor Destry Damayanti told Reuters on Tuesday."Stabilising rupiah is certainly a top priority fo ...