10 hours ago
Singapore stocks ride Asian wave amid US ‘self-sabotage’; STI up 0.9%
Jude Chan - Japan’s Nikkei 225, South Korea’s Kospi, Hong Kong’s Hang Seng and the FTSE Bursa Malaysia KLCI Index all close higher
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
10 hours ago
260 workers receive S$600,000 in salary relief after their firms were wound up
Low Youjin - The short-term relief fund is meant for employers unable to pay salary arrears due to business failure
10 hours ago
Duty Free International earnings plunge to RM1.47 mil for 3QFY2026 due to absence of one-off compensation
Nicole Lim - Duty Free International (DFI) has reported a 96.5% y-o-y decrease in earnings for the 3QFY2026 ended Nov 30, 2025 of RM1.47 million ($470,000). For 9MFY2026, earnings declined 86.2% y-o-y to RM5.5 million. Revenue for the 3MFY2026 and 9MFY2026 period came in 40.6% y-o-y higher at RM57.9 million and ...
10 hours ago
Singapore port achieves record high performance in 2025
Tay Peck Gek - The country overtook Hong Kong after hundreds of vessels reflagged from the Chinese city to the Republic in September and October
10 hours ago
GigaDevice jumps nearly 40% in Hong Kong debut amid China's chip self-sufficiency drive
Proceeds from the share sale will fund research and development as well as strategic and industry investments
11 hours ago
Second Woodlands EC site sets record with top bid of S$794 psf ppr from Sim Lian
Jessie Lim - The bid is 1.5% higher than the previous record bid of S$782 psf ppr placed for a nearby site last August
11 hours ago
AirAsia X to be renamed AirAsia from Jan 19, founder says
[KUALA LUMPUR] AirAsia X will be renamed AirAsia from Jan 19 as low-cost carrier AirAsia reaches the final stages of its restructuring...
11 hours ago
Robotics frenzy drives US$24 billion gain in Hyundai Motor stocks
Its projects help to modernise the company’s image, and its undervalued stock has room to rise further
11 hours ago
Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks
12 hours ago
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation
12 hours ago
CNA Explains: Why global public debt is swelling – and why it matters
The International Monetary Fund has warned that public debt is hitting levels not seen since World War II, when governments faced years of painful repayment and rebuilding.
12 hours ago
Three adjoining Geylang plots for sale with guide price of $31 million
The Edge Singapore - Three freehold plots in Geylang with redevelopment potential are up for sale with a combined asking price of $31 million, or $869 psf on maximum permissible gross floor area (GFA). The plots, with a total land area of 1,183.6 sqm, or 12,740 sq ft, comprise a pair of adjoining terrace houses along Lo ...
12 hours ago
Investors back energy providers over big tech for 2026 AI bets, says BlackRock
LONDON, Jan 13 : BlackRock, the world's largest asset manager, still believes in the investment case for artificial intelligence in the year ahead but will be focusing on broader opportunities, it said on Tuesday.Investors seeking to play the AI theme into 2026 favour energy and infrastructure ...
12 hours ago
Proactive tax strategy in a shifting global landscape
As OECD rules redefine the game, Singapore’s tax and business leaders are pivoting from compliance to strategic foresight
13 hours ago
Local qualifying salary to be further refined, details to be announced in Budget
Low Youjin - The LQS is put in place to ensure firms do not hire locals on ‘a token salary’, said Manpower Minister Tan See...
13 hours ago
UK's Trustpilot expects 20% annual revenue jump on higher bookings
Jan 13 : Global online review platform Trustpilot forecast 20 per cent growth in revenue and profit ahead of expectations for 2025 on Tuesday, helped by double-digit growth in bookings in all its markets.The company said it expects full-year revenue to rise to $261 million, helped by an 18 per cent ...
13 hours ago
Atome upsizes syndicated debt facility to US$345 mil to scale Southeast Asian business
Nurdianah Md Nur - Singapore-based digital finance platform Atome has increased its syndicated debt facility to US$345 million ($444 million), up from US$200 million last year. It will use the facility to expand its profitable regional portfolio. This includes buy now pay later (BNPL), lending and the Atome Pay Later ...
13 hours ago
Atome Financial upsizes syndicated debt facility to US$345 mil to scale Southeast Asian business
Nurdianah Md Nur - Singapore-based digital finance platform Atome Financial has increased its syndicated debt facility to US$345 million ($444 million), up from US$200 million last year. It will use the facility to expand its profitable regional portfolio. This includes buy now pay later (BNPL), lending and the Atome ...
13 hours ago
Frasers Property gaining full ownership of The Centrepoint rear block not a sure thing
Kalpana Rashiwala - The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too
14 hours ago
Indonesia’s launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
The country subsidises its biodiesel programme using proceeds from palm oil export levies
14 hours ago
Taiwan says it has reached 'broad consensus' with US on tariff talks
TAIPEI: Taiwan and the US have reached a "broad consensus" on their tariff talks and are discussing a timetable for holding a concluding meeting, Taipei said on Tuesday (Jan 13), as a source familiar with the matter said an announcement could come by the end of the month.Taiwan is aiming f ...
14 hours ago
China EV makers rise as EU mulls minimum price to replace tariff
The minimum pricing will need to be flexible in order to accommodate different model types and vehicle categories
14 hours ago
UBS CEO Sergio Ermotti plans to step down in April 2027 after completing Credit Suisse project: FT
The report comes at a time when UBS is trying to fight the Swiss government’s proposals to strengthen banking rules
14 hours ago
UBS CEO Sergio Ermotti plans to step down in April 2027 after completing Credit Suisse project, FT reports
The report comes at a time when UBS is trying to fight the Swiss government’s proposals to strengthen banking rules
14 hours ago
UBS CEO Sergio Ermotti plans to step down in April 2027, FT reports
UBS Group CEO Sergio Ermotti is planning to step down in April 2027, the Financial Times reported on Tuesday.
15 hours ago
China examines foreign ETF trades after Jane Street India probe
Foreign market makers can also trade China ETFs through so-called Stock Connect links between Hong Kong and the mainland
15 hours ago
Yen tumbles following report Japan PM plans snap poll
Japanese officials have stepped up warnings against what they describe as excessive and speculative FX moves
15 hours ago
Singapore’s revised food targets prioritise scalable, efficient production
Low Youjin - Details on support schemes for farmers will be announced at MSE’s upcoming Committee of Supply debate
15 hours ago
Indonesia official says launch of B50 biodiesel depends on crude oil, palm oil prices
JAKARTA, Jan 13 : The launch of Indonesia's B50 biodiesel mandate will depend on the price gap between crude oil and crude palm oil, a senior official said on Tuesday. Indonesia, the world's largest producer of palm oil, previously said it would start its B50 mandate, which requires a 50-5 ...
15 hours ago
Indonesia's launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
JAKARTA, Jan 13 : The timing of Indonesia's launch of its B50 biodiesel mandate, which blends 50 per cent palm oil-based fuel with diesel, will be subject to the price gap between crude oil and crude palm oil, a senior official said on Tuesday.Indonesia, the world's largest palm oil produc ...
15 hours ago
UOB Kay Hian lifts ASL Marine’s TP to 35 cents on ‘thriving’ business
Lin Daoyi - UOB Kay Hian analyst Heidi Mo has reiterated her “buy” call on ASL Marine with a higher target price of 35 cents from 33 cents previously. Mo’s bullishness is underpinned by several reasons, as noted in her research report dated Jan 13. Firstly, Mo believes ASL’s repairs segment will drive t ...
15 hours ago
Trump team nears Taiwan trade deal with more US chip investment
Any agreement with Taipei risks provoking China, which claims the island as part of its territory
16 hours ago
Vibe, then verify: Unlocking AI value by solving the productivity paradox
Marcus Low - Across Asia-Pacific and Japan (APJ), technology leaders are racing to embed AI into every stage of the software development lifecycle (SDLC). From Singapore’s financial institutions to India’s fast-moving e-commerce startups, coding assistants promise faster delivery cycles and new innovation ca ...
16 hours ago
Vanke asks to extend bond grace period again, adds collateral
Bloomberg - (Jan 13): China Vanke Co presented revised proposals to extend a local bond that included collateral pledges as well as a longer grace period, according to people familiar with the matter, as the distressed developer struggles to stave off default. Under the proposed terms, Vanke offered to use rece ...