6 hours ago
Aztech Global H2 profit rises 1% to S$24.1 million; full-year earnings fall 43%
Deon Loke - The group cites higher competition, softer demand for IoT devices and data-communication products for the FY2025 dip
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
6 hours ago
Golden Agri-Resources H2 profit falls 8.5% to US$239.9 million
Deon Loke - Revenue rises 17.9% to US$6.8 billion, from US$5.8 billion a year earlier
6 hours ago
Three-month Sora at a three-year low, but home loan customers still prefer fixed rates: OCBC
Jovi Ho - Buying a property is not like buying a dress, says Tok Geok Peng, group head of consumer secured lending at Oversea-Chinese Banking Corporation (OCBC). “I call it an episodic event; it’s needs-based. When there’s less volatility in the market, it addresses the element of fear, because buying a ...
6 hours ago
CNMC Goldmine's FY2025 earnings reached US$42 mil in 'big step-up' year
The Edge Singapore - Driven by higher gold prices and greater production volume, CNMC Goldmine Holdings' 2HFY2025 earnings reached US$26.2 million, a surge of 382.8% y-o-y. This brings its full-year earnings to US$42 million, up 326.5%. Revenue for the whole of FY2025 doubled to US$128.4 million. In FY2025, the com ...
6 hours ago
CSE Global FY2025 net profit jumps 42.3% y-o-y to $37.5 mil on the back of $968.9 mil revenue
Lin Daoyi - For FY2025 ended Dec 31, Mainboard-listed CSE Global reported $37.5 million in net profit, a 42.3% increase from the previous year. Revenue rose 12.5% y-o-y to $968.9 million driven by the electrical and communications business segments in the Americas according to a bourse filing on Feb 26. On a di ...
6 hours ago
Wilmar posts 38.3% H2 earnings surge, trims dividend; 2026 to ‘remain challenging’
Benicia Tan - Its total payout per share of S$0.14 is down slightly from S$0.16 a year earlier
6 hours ago
Leading the Next Frontier charge
Goola Warden - OCBC group CEO Tan Teck Long explains how four shifts in its new corporate strategy could help lift the banking group’s ROE Tan Teck Long, group CEO of Oversea-Chinese Banking Corp (OCBC), took over his current role at the start of the year, succeeding Helen Wong, who retired at the end of last ye ...
6 hours ago
South-east Asia has weathered tariff uncertainty, but needs to integrate to prepare against future shocks: analysts
Lionel Lim - One issue raised at a seminar was the low utilisation rate of free trade agreements
6 hours ago
Threat to large IT firms 'overblown', Cognizant's AI chief says amid Anthropic-driven disruption
MUMBAI, Feb 26 : Fears that new artificial intelligence tools could replace large IT services firms are "overblown" as clients still need help deploying and scaling the technology, Babak Hodjat, chief AI officer at Cognizant, told Reuters in an interview. Automated AI tools from startups s ...
6 hours ago
UOL H2 profit rises 21% to S$276.2 million; special dividend proposed
Benjamin Cher - This brings the total payout for FY2025 to S$0.25 a share
6 hours ago
Wilmar International's FY2025 earnings reached US$1.4 bil; one-offs result in net gain of US$103.8 mil
The Edge Singapore - Wilmar International has reported 2HFY2025 earnings of US$815.9 million, an increase of 38.3% over the year-earlier period. This brings its full-year earnings to US$1.4 billion, an increase of 20.6%. Revenue for the whole of FY2025 reached US$70.4 billion, up 4.5%. Throughout the year, the company h ...
6 hours ago
Soilbuild reports record FY2025 earnings of $63.6 mil, 2.39 times higher y-o-y
Felicia Tan - Soilbuild Construction Group has reported record earnings of $63.6 million for the FY2025 ended Dec 31, 2025, 139.4% higher or 2.39 times up y-o-y. “FY2025 stands out as a landmark year, with our financial results highlighting nearly five decades of the group’s progress and achievements,” says ...
6 hours ago
CSE Global H2 profit surges 87.1% to S$21.2 million on electrification segment growth
Deon Loke - A final dividend of S$0.0146 per share has been proposed
7 hours ago
Singapore stocks fall 0.9% on Thursday as banks drag; Seatrium rises on earnings
Renald Yeo - The iEdge Singapore Next 50 Index slips 0.6% to 1,517.79
7 hours ago
Venture posts 6.1% fall in H2 FY2025 earnings to S$114 million
Benjamin Cher - Its board has proposed a final dividend of S$0.50 per share, unchanged from the same period last year
7 hours ago
UOL Group's FY2025 earnings up 34% to $481.7 mil
The Edge Singapore - UOL Group has reported FY2025 earnings of $481.7 million, a jump of 34%, thanks to stronger property development and property investments. Revenue in the same year was up 16% to $3.23 billion. The company plans to pay a special dividend of 7 cents per share, on top of a final dividend of 18 cents, b ...
7 hours ago
Renminbi extends advance to mark longest winning streak since 2010
Exporters are seen stepping up foreign-currency settlements, helping the currency’s strength
7 hours ago
Venture Corp's FY2025 earnings down 7.4% y-o-y to $227 mil
The Edge Singapore - Venture Corp has reported 2HFY2025 earnings $114 million, a drop of 6.1% over the year-earlier period. For the full year, earnings came in at $227 million, down 7.4% over the preceding FY2024. Revenue in the same half-year ended Dec 2025 was $1.27 billion, down 5.8%, with full-year revenue of $2.53 ...
7 hours ago
TNFD case study warns of rising water stress faced by data centres, semicon fabs
Jovi Ho - Data centres and semiconductor manufacturing plants — already water-intensive facilities — are located or expanding to regions currently or at future risk from water stress, such as Northeast Asia and the western US. These challenges compound because of the interconnected water-related dependenc ...
7 hours ago
EU court adviser rejects Meta's fight against EU antitrust demands for Facebook data
BRUSSELS, Feb 26 : An adviser to Europe's top court on Thursday backed Meta Platforms' fight against EU antitrust regulators over what the U.S. tech giant said were aberrant requests for information from the later during two investigations into the company.Meta had taken its case to the Lu ...
7 hours ago
UBS sees 20% upside for China stocks on reflationary potential
A reflationary environment would drive a valuations re-rating and stronger earnings-per-share growth
7 hours ago
Deliveroo's Singapore exit may lead to higher fees, fewer discounts, analysts say
With Grab and Foodpanda as the two major food delivery platforms remaining, experts say merchants and riders may eventually see higher commissions and weakened bargaining power.
7 hours ago
ECB sees no wave of AI-led layoffs yet, Lagarde says
FRANKFURT, Feb 26 : Artificial intelligence is boosting productivity in the euro zone but it is not yet causing a wave of layoffs due to greater automation of labour, European Central Bank President Christine Lagarde said on Thursday."What we are seeing for the moment is that it's increasi ...
8 hours ago
Maybank’s FY2025 net profit gains 4.2% y-o-y to RM10.5 bil, Maybank Singapore sees meaningful growth
Samantha Chiew - Maybank Group announced an increase in net profit to RM10.51 billion, up 4.2% y-o-y for FY2025 ended Dec 31, 2025. This was underpinned by steady income growth, disciplined cost management and resilient asset quality. Profit before tax (PBT), meanwhile rose 4.6% y-o-y to RM14.33 billion, reflecting ...
8 hours ago
Budget 2026: Over-reliance on taxing the rich risks shifting burden to middle class, says PM Wong
Tessa Oh - Singapore will not pursue ‘jobless growth’, the prime minister pledges in his round-up speech
8 hours ago
Deutsche Telekom beats Q4 core profit expectations
[BONN] Deutsche Telekom reported fourth-quarter core profit slightly above analyst expectations on Thursday (Feb 26), despite the impact of a weaker US...
8 hours ago
Worst is over for Delfi, better days ahead
Samantha Chiew - For FY2025 ended Dec 31, chocolate confectionery company Delfi Limited has reported patmi of US$33.2 million, a y-o-y decline of 2.1%. Total net sales amounted to US$500.1 million, representing a slight y-o-y decrease of 0.5%. On a constant currency basis, net sales would have increased by 0.3%. Del ...
8 hours ago
CapitaLand Development, ConcreteZero launch S’pore’s first market-wide carbon benchmark for concrete
Jovi Ho - CapitaLand Development (CLD) has contributed to Singapore’s first market-wide reference for examining the carbon footprint of concrete, created in collaboration with global coalition Climate Group’s ConcreteZero initiative. The Concrete Data for Concrete Action benchmark, published on Feb 26, wi ...
8 hours ago
Thai Airways eyes 5% revenue growth as it adds jets, expands in Asia
The state-controlled carrier posts a full-year net income of 30.9 billion baht in 2025
8 hours ago
CapitaLand Development and green group launch carbon footprint benchmark for concrete
Janice Lim - It aims to provide industry players in the value chain the data to identify and choose lower-carbon options
8 hours ago
CapitaLand Development and green group launch Singapore’s first carbon footprint benchmark for concrete
Janice Lim - It aims to provide industry players in the value chain the data to identify and choose lower-carbon options
8 hours ago
Nikkei crosses 59,000 for first time on software rally; gains shrink on profit taking
[TOKYO] Japan’s Nikkei share average surpassed the 59,000 mark for the first time on Thursday (Feb 26), led by software-related shares as...
9 hours ago
Maybank posts higher Q4 earnings despite revenue decline
Tan Ai Leng - Singapore’s operations stay resilient while Indonesia posts a sharp earnings rebound
9 hours ago
Australia union seeks urgent talks with WiseTech over AI‑driven job cuts
Feb 26 : An Australian trade union has sought an urgent meeting with WiseTech Global after the software firm announced it would cut about 2,000 jobs as part of a two‑year artificial intelligence-linked restructuring.Professionals Australia, which represents tech and engineering workers, said on Th ...