8 hours ago
South Korean shares hit all-time high as ‘ants’ join global rush to buy AI stocks
The rally highlights how surging global demand for AI hardware is now the dominant force in equity markets
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
South Korean shares hit all-time high on AI-led chipmaker rally
JPMorgan Chase has raised its targets for the country stocks for the second time in less than a month
8 hours ago
DBS keeps AvePoint at ‘buy’ on AI governance, US public-sector recovery
Nurdianah Md Nur - DBS Group Research analyst Sachin Mittal has kept his “buy” call and $20 target price on AvePoint, after what he calls “a steady quarter” for the data management and governance software provider. AvePoint’s 1QFY2026 results were broadly in line, supported by demand for AI governance and re ...
9 hours ago
AI growth pushes Alphabet closer to overtaking Nvidia as world’s biggest company
Nvidia may be the leader in building AI chips, but Google’s parent has a rival product that’s gaining favour
10 hours ago
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hits a high
At least half a dozen lenders have increased their number of special asset bankers
10 hours ago
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hit a high
At least half a dozen lenders have increased their number of special asset bankers
10 hours ago
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations
At least half a dozen lenders have increased their number of special asset bankers
10 hours ago
BOJ appoints monetary policy expert Masaki to oversee global affairs
TOKYO, May 11 : The Bank of Japan said on Monday it appointed Kazuhiro Masaki, a veteran career central banker with expertise on monetary policy, as executive director overseeing its international affairs.Masaki, who has extensive experience drafting monetary policy, assumed the position on Saturday ...
10 hours ago
Dubai’s bankers, traders return as Iran war risks continue to loom over city
Expatriates still make up more than 80% of the population
10 hours ago
China confirms Xi-Trump summit that was delayed by Iran war
Talks are expected to veer into areas that have long been a source of tension, including Iran, Taiwan and nuclear arms
10 hours ago
BIS urges targeted fiscal policy to curb inflationary risks, Nikkei says
TOKYO, May 11 : Countries must keep fiscal spending targeted and temporary as broad-based, persistent stimulus could increase inflationary risks and compel central banks to raise interest rates, the head of the Bank for International Settlements (BIS) said in an interview with Japan's Nikkei ne ...
10 hours ago
Nintendo shares slump as price hikes, games shortfall spook market
TOKYO, May 11 : Nintendo's shares fell 8 per cent in Tokyo on Monday after the company hiked Switch 2 prices and as the market frets over a lack of high-profile games to build momentum.Nintendo posted robust hardware sales for the financial year ended March but, while the company is known for i ...
11 hours ago
Stocks to watch: SBS Transit, Riverstone, Geo Energy Resources, Jumbo Group, NoonTalk Media
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 11):
11 hours ago
Potential sale of car dealership may fetch US$350 mil for Jardine C&C; DBS maintains 'buy' and $39 target price
The Edge Singapore - Elizabelle Pang of DBS Group Research has kept her "buy" call and $39.00 target price for Jardine Cycle & Carriage after news that it is exploring a sale of its Singapore and Malaysia car dealership business operated under the Cycle & Carriage brand. This divestment is apparently i ...
11 hours ago
Geo Energy gets term sheet for infrastructure unit at US$1.5 billion valuation
Shikhar Gupta - Swiss-based private commodities investment company Resource Invest will invest in Marga Bara Jaya
11 hours ago
UOBKH ‘Alpha Picks’ outperform STI in April; Oiltek in for May, Singtel out
Shikhar Gupta - The Singapore portfolio is up 5.2% month on month while the STI gains 0.6%
11 hours ago
China green tech firms target new consumers hit by Iran war energy shock
Disruption to markets in the Middle East is seen weighing on some exports, even if the broader trend is positive
11 hours ago
DBS bets on AI, value stocks with STI set for choppy recovery
Shikhar Gupta - Forecast hinges on a base-case scenario where US-Iran talks yield a deal in Q2 and Strait of Hormuz opens by June
11 hours ago
Gold falls as Trump’s rejection of Iran proposal fans US inflation fears
Trump labelled Iran’s latest response as ‘totally unacceptable’
11 hours ago
Gold falls as Trump’s rejection of Iran proposal to end war fans US inflation fears
Trump labelled Iran’s latest response as ‘totally unacceptable’
11 hours ago
Oil jumps as US and Iran disagree on peace proposal
Hopes of an imminent end to the Iran war that would allow oil transit through the Strait of Hormuz were dashed after the US and Iran failed to agree to a peace proposal.
11 hours ago
Switzerland's ResInvest to invest in Geo Energy's infrastructure unit at US$1.5 bil valuation
The Edge Singapore - ResInvest of Switzerland will invest in the infrastructure subsidiary of coal miner Geo Energy Resources at a valuation of US$1.5 billion. The subsidiary, PT Marga Bara Jaya, or MBJ, is almost finishing the construction of a 92km hauling road and jetty that can move 50 million tonnes per annum at fu ...
12 hours ago
Power of payouts: A big chunk of the STI has just gone ex-dividend. What’s next?
Ben Paul - The big question is whether the core businesses of the STI’s constituents can support its next leg up as the impact of...
12 hours ago
Foreign money fuels Thai stock rally as SET chief vows governance reset
The exchange is also looking to introduce new investment products to broaden market participation
12 hours ago
USD/JPY pullback remains corrective as intervention risk persists above 160
THE US dollar-Japanese yen currency pair, commonly known as USD/JPY, is one of the most actively traded foreign exchange pairs globally. The...
12 hours ago
Balancing affordability and security: Sustainability Impact Dialogue to discuss pressing energy issues
Lee U-Wen - The May 18 event will explore if the current environment will accelerate the green transition or reinforce the reliance on fossil fuels
12 hours ago
These stocks rerated after strategic moves. Can they inspire others to do the same?
Jude Chan - Firms that have done so show proactive management works, giving hope that others, too, can chart a path to better valuations
12 hours ago
Concord New Energy seeks to ride AI power boom after bruising year in China
Sharanya Pillai - The company is also evaluating a Reit issuance, with Singapore as a potential market
12 hours ago
UK, France to host multinational meeting on mission to escort ships through Strait of Hormuz
Iran has effectively shut the waterway after war erupted with US-Israel strikes on Feb 28
13 hours ago
Momentum-obsessed traders seek clues on Iran truce
Barclays strategists say the trade has reached extremes that historically foreshadowed sell-offs
14 hours ago
Exclusive-Cerebras to raise IPO price range to $150-$160 as demand surges, sources say
May 10 : Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand for the artificial intelligence chipmaker's shares continues to climb, two people familiar with the matter told Reuters on Sunday.The company is considering a new IPO price r ...
20 hours ago
Trump calls Iran’s response to US peace proposal ‘unacceptable’; oil prices jump
Iran proposed diluting some of its uranium and transferring the remainder to a third country: report
20 hours ago
Trump rejects Iran’s response to US peace proposal as ‘unacceptable’; oil prices jump
Iran proposed diluting some of its uranium and transferring the remainder to a third country: report
20 hours ago
Trump calls Iran’s response to US peace proposal ‘unacceptable’
Iran proposed diluting some of its uranium and transferring the remainder to a third country: report