13 hours ago
SpaceX lines up April investor briefings as IPO questions swirl
The company is set to file confidentially as soon as this month for an initial public offering that could raise as much...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
13 hours ago
SAC Capital flags Zixin Group's circular economy prospects
The Edge Singapore - SAC Capital has issued a non-rated report on Zixin Group, touting its "circular economy" business model that can help insulate the structurally insulates sweet potato-based foodstuffs company from the intense price wars plaguing downstream other Chinese retail competitors. Besides its home ...
14 hours ago
SJ Group partners Rönesans Holding to develop the strategic Dapek Industrial Zone in Ceyhan, Türkiye
Gerine Tang Yi Qian - SJ Group has entered into a strategic partnership with Rönesans Holding to support the planning, development and management of the Dapek Industrial Zone in Türkiye’s Eastern Mediterranean corridor. According to SJ Group, the Dapek Industrial Zone is envisioned as a strategic national and next-ge ...
14 hours ago
BOJ releases updated estimate on Japan's natural rate of interest
TOKYO, March 27 : The Bank of Japan released on Friday an updated estimate on Japan's natural rate of interest, which showed it in a range of around -0.9 per cent to +0.5 per cent.The range was largely unchanged from a previous estimate showing Japan's natural rate of interest in a range o ...
14 hours ago
BOJ releases new natural rate estimate as part of communication drive
TOKYO, March 27 : The Bank of Japan on Friday released an updated estimate on the country's natural rate of interest as part of its efforts to enhance communication as it ends an era of ultra-low rates.The release came amid increased market attention to how close the central bank's short-t ...
14 hours ago
Australia court fines Binance Australia $6.9 million over client onboarding failures
March 27 : The Australian federal court has ordered local derivatives business of cryptocurrency exchange Binance to pay an A$10 million ($6.9 million) penalty for misclassifying over 85 per cent of its Australian client base, the country's securities regulator said on Friday.($1 = 1.4491 Austr ...
14 hours ago
Australia court fines Binance unit $6.9 million over client onboarding failures
March 27 : The Australian federal court has ordered Binance's local unit to pay A$10 million ($6.9 million) for misclassifying over 85 per cent of its Australian clients that exposed them to high-risk crypto products, the country's securities regulator said on Friday.The penalty follows a ...
14 hours ago
As market shifts, remisiers rally to ‘regroup, reskill and rebound’
The Edge Singapore - The Society of Remisiers (Singapore) marked its 40th anniversary on March 20 with a renewed push by the profession to adapt and maintain its relevance amid a much-anticipated recovery of the local stock market. Remisiers, as a community, have for decades grown with Singapore’s market and economy, ...
15 hours ago
Tanoto family’s Pacific Eagle Real Estate seeks S$118 million for Bukit Timah mixed-use property
Chong Xin Wei - Pacific Eagle had earlier acquired the site in a 2021 collective sale for S$53.9 million
15 hours ago
Vietnam acts fast to shield firms, households from fuel price surge
Jamille Tran - The government has eliminated more fuel taxes, cutting retail petrol price by close to 19%
16 hours ago
Pop Mart launches largest ever buyback after record stock plunge
The buyback helped stabilise sentiment on Friday, with shares rising as much as 4.1 per cent
16 hours ago
Freehold mixed-use development site at Bukit Timah for sale at $118 mil
Gerine Tang Yi Qian - A freehold mixed-use development that spans Bukit Timah Road and Duke’s Road in District 10 has been launched for sale at an indicative price of $118 million. Following the acquisition of adjacent remnant state land, the vendor has expanded the total site area to approximately 18,512 sq ft, which ...
16 hours ago
Why the market needs loving critics like Mak Yuen Teen
Kwan Wei Kevin Tan - Before meeting Mak Yuen Teen, accounting professor at the National University of Singapore (NUS) and outspoken corporate governance advocate, one might be forgiven for thinking his online persona is as incisive in person. After all, Mak is widely known for his sharp criticisms of corporate governanc ...
16 hours ago
Satellite observations offer insight into a tsunami's early stages
March 27 : Observations made by a satellite operated by the U.S. and French space agencies shortly after a strong earthquake struck off Russia's Kamchatka Peninsula last year are giving scientists a better understanding of how tsunamis originate and propagate.The researchers said the findings m ...
16 hours ago
This time it’s different: LaunchPad @ one-north’s next act signals a maturing startup ecosystem
Benjamin Cher - The next iteration of it may be more structured and more technologically advanced
16 hours ago
We need to go nuclear, now
Kwan Wei Kevin Tan - Politicians should not be surprised when their best-laid plans collide with the law of unintended consequences. History is rife with examples of well-intentioned decisions gone wrong. The US and Israeli military strike on Iran will likely be remembered as another such example. What was initially see ...
17 hours ago
Yangzijiang Financial clears the decks after China’s credit boom
Frankie Ho - At the height of China’s credit boom, Yangzijiang Shipbuilding poured billions into loans through an investment arm closely tied to the country’s property sector. That business went on to list on the Singapore Exchange (SGX) in 2022 as Yangzijiang Financial, just as Beijing’s crackdown on cred ...
17 hours ago
BOJ likely to warn of inflation whiplash from Iran war, ex-central bank executive says
TOKYO, March 27 : The Bank of Japan is likely to warn of possible huge swings to underlying inflation in next month's quarterly report, as the Middle East conflict injects unprecedented challenges into rate-setting, its former executive Kazuo Momma said on Friday.Before the February 28 U.S.-Isr ...
17 hours ago
Vietnamese airlines to cut flights due to fuel supply constraints
17 hours ago
Zico to focus on asset management for growth; aims to launch ‘shariah-aligned’ fund
Samantha Chiew - Zico Holdings, on March 24, announced that it has completed a strategic review, and the integrated advisory and professional services group is now focused on continuing its profit trajectory. The board has outlined five major strategies to address fresh challenges and opportunities, including pursui ...
17 hours ago
GDS Global: Enhancing infrastructure protection and safety with advanced shutter systems
Julian Wong - With over 40 years in the shutter industry, GDS Global is embarking on a new phase of growth, bolstered by organic expansion and M&A strategies. Chairman Tang Hee Sung, appointed in 2023, reveals his approach to streamlining operations, scaling efficiently, and why he believes this overlooked Ca ...
17 hours ago
Sembcorp unit’s 90MW data centre campus in Ho Chi Minh City gets green light
Shikhar Gupta - Proposed Tier III facility aims to meet rising demand for cloud services, AI computing in Vietnam
17 hours ago
Japan considers increasing coal-fired power as war disrupts LNG imports
TOKYO, March 27 : Japan's industry ministry will propose increasing coal-fired power generation use in the fiscal year starting April, as the U.S.-Israeli war with Iran adds uncertainty to liquefied natural gas imports, it said in a plan to be submitted on Friday.Japan takes delivery of some 4 ...
17 hours ago
Japan to boost coal-fired power as Mideast war causes energy turmoil
TOKYO: Japan's government plans to temporarily lift restrictions on coal-fired power plants as it seeks to ease an energy crunch caused by the Middle East war, officials said on Friday (Mar 27).Officials presented the plan at a meeting of a panel of experts, who approved the proposal, the indus ...
17 hours ago
MAS and SBMA leading new working group to develop Singapore as a regional gold trading centre
Kwan Wei Kevin Tan - Singapore is taking steps to develop itself as an Asia-Pacific gold trading centre via a Gold Market Development Working Group led by the Monetary Authority of Singapore (MAS) and the Singapore Bullion Market Association (SBMA). In a joint statement released on March 27, the MAS and SBMA said the wo ...
17 hours ago
Singapore ramps up push to become Asia-Pacific’s gold trading hub amid rising investor demand
Ranamita Chakraborty - Plans are under way to develop gold-related capital market products to facilitate price discovery and build liquidity
17 hours ago
AI runs on chips but is built on aluminium
Frankie Ho - If chips and algorithms are the brains behind AI, aluminium is the metal quietly holding everything else together. While it does not feature in semiconductors themselves, the lightweight metal is embedded across the infrastructure that supports AI. Touted for their durability and strength, aluminium ...
17 hours ago
Singapore ramps up push to become Asia’s gold trading hub amid rising investor demand
Ranamita Chakraborty - Plans are underway to develop gold-related capital market products to facilitate price discovery and build liquidity
18 hours ago
Winter is coming: Singapore Inc’s moment of truth
Lee Ooi Keong - Singapore closed 2025 with full-year GDP growth of 4.8% — its strongest performance since the post-pandemic rebound and above the government’s own forecast — with the final quarter accelerating to 5.7%, driven by a record surge in semiconductor output and pharmaceutical exports. The Straits Ti ...
18 hours ago
Singapore petrol prices dip after weeks of increases fuelled by Iran war
[SINGAPORE] After climbing steadily for three weeks, petrol prices in Singapore have begun to ease, with pump rates dipping over the past...
18 hours ago
As the war drags on, is it time for investors here to ‘dig in’?
Chew Sutat - When Japanese torpedoes sped towards US ships moored at Pearl Habor and dragged the US into World War Two, their respective diplomats in Washington were still in talks. At the March 19 meeting at the White House between Japan’s Prime Minister Sanae Takaichi and President Donald Trump, the latter w ...
18 hours ago
Why Hongkong Land acquired a 10.8% stake in Suntec REIT at a premium to market
Goola Warden - On March 19, Hongkong Land Holdings (HKL) announced that it acquired a 10.8% interest in Suntec REIT from ESR Group for $541 million. The assets of interest to HKL are Suntec REIT’s one-third interest in both Marina Bay Financial Centre (MBFC Towers 1 & 2) and One Raffles Quay (ORQ), the same ...
18 hours ago
Southeast Asia’s challenges in managing downside risks
Manu Bhaskaran - The war in Iran has reached the one-month mark, and there are tentative signs of a negotiated end. Whether it actually concludes or not, this is a good moment to look beyond the confusion of daily headlines and consider its broader implications. We see it as a watershed event that will reshape how o ...
18 hours ago
Investing in brilliant, good, bad and ugly times
Andrew Sheng - What a difference a day makes. A fortnight ago, when I was looking at investing in yen assets as a hedge against geopolitical turbulence, the mainstream scenario then was a stable world economy with peace under negotiation. On Feb 28, the US and Israel launched their attacks on Iran, killing Ayatoll ...