6 hours ago
Singapore’s key exports up 24.5% in April, beating forecasts
Low Youjin - Its expansion comes on the back of robust AI-related demand
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
6 hours ago
ST Engineering Q1 revenue rises 11% to S$3.3 billion on strong segment growth
Deon Loke - The group also declares an interim dividend of S$0.04 per share, unchanged from the year before
6 hours ago
Prudential to buy majority stake in Bharti Life for 35 billion rupees
An additional consideration of up to seven billion rupees may be payable upon completion of the deal
6 hours ago
Keppel activates 'Plan B' for M1 after IMDA suspends review of Simba's bid; remains open to consolidation
The Edge Singapore - Keppel is reiterating its target to monetise $2-$3 billion of non-core assets in 2026, after news that regulator IMDA has suspended the review of Keppel's planned sale of M1 to Australia listed Tuas, which runs Simba. Keppel will however, disregard the $1 billion it had expected to book from th ...
6 hours ago
IMDA suspends review of Simba's proposed acquisition of M1 amid probe into potential regulatory breach
During its review of the deal, IMDA learned that Simba may have been using radio frequency bands that had not been assigned to it to provide mobile services.
6 hours ago
IMDA suspends review of Simba’s proposed acquisition of M1 amid probe into potential regulatory breach
During its review of the deal, IMDA learned that Simba may have been using radio frequency bands that had not been assigned to it to provide mobile services.
6 hours ago
IMDA suspends review of Simba’s proposed acquisition of M1 amid probe
During its review, IMDA learnt that Simba could have been using radio frequency bands that had not been assigned to them to provide mobile services.
6 hours ago
IMDA halts assessment of proposed M1-Simba merger pending probe into spectrum usage
Therese Soh - Authority learns Simba could have been using radio frequency bands that are not assigned to the telco to provide mobile services
6 hours ago
IMDA halts assessment of proposed M1-Simba merger; authority probing Simba’s possible unauthorised use of radio frequency bands
Therese Soh - [SINGAPORE] The Infocomm Media Development Authority (IMDA) announced on Monday (May 18) that it has suspended its assessment of the proposed consolidation...
6 hours ago
Keppel’s M1 sale stalls as IMDA probes alleged spectrum breaches by Simba
Therese Soh - Keppel shares down over 4%; group to roll out Plan B to boost M1 operations in event it retains majority control
7 hours ago
Costs of energy transition likely to go up over short term due to Iran war, says OCBC CSO
Janice Lim - The lender expects persistent inflationary pressures as central banks keep interest rates higher for longer
7 hours ago
Outlook still bullish for Dow
Wall Street’s blue-chip index is approaching, but has yet to break through the ceiling established in February 2026. The Dow Jones Industrial...
7 hours ago
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
Renald Yeo - The company tried various ways to stay afloat, but revival plans collapsed
7 hours ago
Is Jardine C&C likely to be taken private?
Ben Paul - Most of its value resides in Jakarta-listed Astra International, while its own parent has secondary listing in Singapore
7 hours ago
Malaysia unveils measures to help airlines hit by Iran war
The government has also allocated RM5 million for flight ticket rebates
8 hours ago
ST Engineering's 1QFY2026 earnings up by more than 15% y-o-y
The Edge Singapore - Singapore Technologies Engineering's 1QFY2026 revenue was up 11% y-o-y to $3.26 billion, with "strong" growth across its various segments. If revenue from LeeBoy, a divested construction machinery unit in the US is excluded, the "rebased" growth would have been 15% y-o-y. Ea ...
8 hours ago
US says China agrees to spend billions on agricultural goods
Farmers have been struggling for years with relatively low crop prices and high costs
8 hours ago
Trump warns ‘won’t be anything left’ of Iran unless it agrees to deal to end war
The US had set five main conditions for a peace deal, including the removal of uranium used by Iran’s nuclear programme to...
8 hours ago
Commentary: Can Southeast Asia’s low-cost carriers weather the oil crisis?
Skyrocketing fuel prices are starting to impact air travel in Southeast Asia with low-cost carriers particularly vulnerable, writes aviation analyst Brendan Sobie.
18 hours ago
Buybacks, insider activity and capital moves
IN THE five trading sessions to the May 14 close, 16 primary-listed companies conducted buybacks with a total consideration of S$42 million.
20 hours ago
Boom in big-ticket real estate deals keeps Singapore dealmakers on their toes
Chong Xin Wei - The price gap between buyers and sellers has narrowed – small enough to find a negotiated middle ground
20 hours ago
Hudson Place Residences sells 61.5% of units on launch weekend at average price of S$2,458 psf
Goh Ruoxue - All 14 of the project’s three-bedroom deluxe units are off the market
20 hours ago
SM Lee to make five-day visit to Guangxi and Shanghai
Tan Weizhen - The May 18-22 trip will see him make site visits to understand Guangxi’s role in advancing Asean-China connectivity
22 hours ago
‘Three months to decide, three years to list’: Singapore noodlemaker Leong Guan eyes growth after IPO
Evan See - The company is aiming for new acquisitions and export markets among its post-listing goals
22 hours ago
‘Three months to decide, three years to list’: Local noodlemaker Leong Guan eyes growth after IPO
Evan See - The company is aiming for new acquisitions and export markets among its post-listing goals
23 hours ago
Trump-Xi summit: tactical concessions but little strategic breakthrough
Both Beijing and Washington can claim some kind of victory from the summit without giving up much
23 hours ago
Singapore launches first EV fast-charging hub within an HDB car park at Tengah
Derryn Wong - The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output
23 hours ago
Singapore launches first EV fast-charging hub within a HDB carpark at Tengah
Derryn Wong - The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output
23 hours ago
Singapore a ‘trusted partner’ in shaping regional trade rules, says UK’s investment minister
Lee U-Wen - There is growing interest from Singaporean investors in priority areas such as venture capital for emerging technologies and infrastructure, says Jason Stockwood
1 day ago
Data centre firm DayOne poised to be 'one of the first' to tap SGX-Nasdaq dual-listing platform for US$5 bil IPO: FT
The Edge Singapore - Data centre operator DayOne plans to raise some US$5 billion via an IPO that will be 'one of the first" to tap the new dual Nasdaq-Singapore listing platform, according to the Financial Times. Via the so-called Global Listing Board (GLB), companies with a market cap of at least $2 billion ...
1 day ago
Data centre firm DayOne considering SGX-Nasdaq dual-listing for US$5 bil IPO
The Edge Singapore - Data centre operator DayOne is "considering" a US$5 billion dual Singapore-Nasdaq IPO, according to Reuters, citing an unnamed source. If so, this listing will likely be one of the first under the so-called Global Listing Board (GLB), which lets companies with a market cap of at least $2 b ...
1 day ago
DayOne plans dual IPO in Singapore and US, FT reports
GLOBAL data centre operator DayOne, affiliated with China’s GDS Holdings, is planning to list simultaneously in Singapore and the US in a...
1 day ago
DayOne considering dual IPO in Singapore and US, FT reports
Reuters reported in February that DayOne planned to raise US$5 billion in a US IPO that could value the company at US$20...
1 day ago
South Korea says it will pursue all options to avoid Samsung strike
Just one day of suspension at Samsung Electronics' semiconductor factory is expected to incur direct losses of as much as US$667.68 million, said Prime Minister Kim Min-seok.