2 days ago
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore
2 days ago
SATS subsidiary TFK Corporation secures three-year inflight catering contract with Turkish Airlines
Nicole Lim - SATS’ subsidiary TFK Corporation announced that it has secured a three-year inflight catering contract with Turkish Airlines which started in October. Under the agreement, SATS TFK will provide daily inflight meal services for Turkish Airlines' flights from Narita International Airport-Istanb ...
2 days ago
SATS subsidiary TFK Corporation secured three-year inflight catering contract with Turkish Airlines
Nicole Lim - SATS’ subsidiary TFK Corporation announced that it has secured a three-year inflight catering contract with Turkish Airlines which started in October. Under the agreement, SATS TFK will provide daily inflight meal services for Turkish Airlines' flights from Narita International Airport-Istanb ...
2 days ago
Mandarin Oriental posts ‘stable’ underlying net profit for Q3
Shikhar Gupta - The group’s RevPAR is up in all regions except South-east Asia
2 days ago
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million
2 days ago
VinFast’s quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
The company signed two loan facilities during the quarter, totaling US$250 million
2 days ago
Jardine Matheson says company portfolio in 3QFY2025 in line with expectations at half year
Nicole Lim - In its interim statement for 3QFY2025, Jardine Matheson Holdings says that the company’s portfolio in the third quarter was in line with expectations at the half year, with profit guidance for the full year remaining unchanged. Astra, the group’s Indonesian company, reported flat revenue and a â ...
2 days ago
VinFast's quarterly loss widens on hefty spending
Vietnam's VinFast reported a bigger third-quarter net loss on Friday as the electric vehicle maker spent heavily to expand its footprint and boost sales amid stiff competition.Shares of the company were down more than 5 per cent in premarket trading.The company signed two loan facilities during ...
2 days ago
VinFast's quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
Vietnam's VinFast reported a sharp rise in third-quarter revenue on Friday, bolstered by strong sales of its electric cars and bikes, with the company riding on the growth to fuel expansion.The company signed two loan facilities during the period, totaling $250 million, as it looks to ratchet u ...
2 days ago
VinFast's quarterly revenue jumps on strong deliveries
Vietnam's VinFast reported a sharp rise in third-quarter revenue on Friday, bolstered by strong sales of its electric cars and bikes, with the company riding on the growth to fuel expansion.The company signed two loan facilities during the period, totaling $250 million, as it looks to ratchet u ...
2 days ago
US states take aim at data-driven pricing to ease consumer pain
Even as the White House seeks to roll back state laws on artificial intelligence, states are pursuing an increasing number of bills to ban tech-driven pricing practices in an effort to bring consumers relief from high costs.By taking on these practices, states are building on the work of former FTC ...
2 days ago
European arms makers retreat as Ukraine peace plan gains traction
Defence stocks have helped to push the STOXX 600 index 10% higher this year
2 days ago
Google aims to dodge breakup of ad business as antitrust trial wraps
Alphabet's Google will make its final plea to avoid a breakup of its advertising technology business in a U.S. court on Friday, as the Department of Justice's antitrust case draws to a close.Google has so far come away largely unscathed from a bipartisan government legal crackdown on the d ...
2 days ago
Analysis:Jitters over AI spending set to grow as US tech giants flood bond market ​
NEW YORK :Investors are growing uneasy that the rapid rise in public debt used to bankroll AI investments could strain the U.S. corporate bond market and eventually dampen the appeal of tech stocks, despite leverage across most major companies remaining low for now.Big tech firms are turning aggress ...
2 days ago
Foxconn-Nvidia US$1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
The Apple’s top iPhone assembler has been expanding beyond electronics into electric vehicles and AI data centres
2 days ago
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
[MUMBAI] The Indian rupee weakened to a lifetime low against the dollar on Friday (Nov 21), pressured by shrinking risk appetite amid...
2 days ago
Planning for senior living needs rethink on regulations, costs and stigma: property players
Jessie Lim - Seniors want autonomy and social support, panellists say
2 days ago
Daily Debrief: What Happened Today (Nov 21)
Stories you might have missed
2 days ago
Changi Airport October passenger traffic rises 3.4% to 5.8 million
Shikhar Gupta - Air freight handling is up 2.5% year on year at 182,000 tonnes
2 days ago
Japanese logistics firm Nippon Express expands footprint in Singapore
Benicia Tan - Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone
2 days ago
Ubisoft flags strong Q2 bookings in a report delayed by debt covenant breach
French video game group Ubisoft reported quarterly bookings above its guidance on Friday, after a week-long delay in publishing the results related to an accounting change that led to a breach in a key debt covenant.The publication, originally scheduled for November 13, was postponed at the last min ...
2 days ago
Livingstone Health to acquire 20% of Affinity Surgery Centre for $470,000
Nicole Lim - Livingstone Health Holdings is set to acquire 20% of shares in Affinity Surgery Centre for a consideration of $470,000. Affinity Surgery Centre is a company incorporated in 2013 in Singapore which provides services ranging from diagnosing and carrying out specialized treatments, and gastroscopy, col ...
2 days ago
Singapore stocks track regional declines on Friday; STI down 1%
Tan Nai Lun - On the STI, Sembcorp Industries is the biggest loser, falling 3.6% or S$0.23 to S$6.08
2 days ago
Economists raise 2025 Singapore growth forecasts on strong Q3, but stay cautious on 2026
Low Youjin - Still, most private-sector analysts upgrade estimates for next year, with some projections at the higher end of the official 1 to 3% range
2 days ago
Investors get more bullish on China stocks as the Asian giant goes big on AI: Morgan Stanley
Chloe Lim - ‘Valuation regime shift’ for Chinese offshore equities can emerge as the nation’s tech companies participate in global competition
2 days ago
Asia tech rout resumes as stocks slide on AI valuation fears
The declines follow a sharp reversal on Wall Street, where a rebound led by Nvidia fizzled
2 days ago
Why markets reversed overnight and what investors should watch next
Claressa Monteiro - AI fears, shaky US data, Japan’s record spending plan, and a brutal crypto slide. Host Emily Liu and Dina Ting from Franklin...
2 days ago
Maybank, OCBC, RHB and UOB raise S’pore’s 2025 GDP growth forecast after 3Q GDP beat flash estimates
Kwan Wei Kevin Tan - Economists from Maybank Securities, OCBC Investment Research, RHB Bank Singapore, and United Overseas Bank (UOB) upgraded their 2025 GDP growth forecast for Singapore after the city-state’s 3Q2025 GDP print came in better than expected. On Nov 21, the Ministry of Trade and Industry (MTI) announced ...
2 days ago
Dollar slips against yen but heads for broad weekly rise
NEW YORK :The dollar weakened against the yen on Friday, after Japanese officials stepped up verbal intervention to stem the currency's decline, even as the greenback broadly was headed for its biggest weekly rise in six weeks.Against other major currencies, the U.S. unit was well-bid, with the ...
2 days ago
Dollar weakens vs yen, but heads for weekly rise
NEW YORK/LONDON :The dollar fell against the yen on Friday, after Japanese officials stepped up verbal intervention to stem the currency's decline, even as the greenback headed for its biggest weekly rise in six weeks.Against other major currencies, the U.S. unit was well bid, with the dollar i ...
2 days ago
Yen gets a lift as verbal intervention picks up, dollar heads for weekly rise
LONDON :The yen found some support on Friday as Japanese officials stepped up their verbal intervention to stem the currency's decline, while the dollar was on track for its biggest weekly rise in six weeks.The yen popped higher after Japanese Finance Minister Satsuki Katayama said intervention ...
2 days ago
Yen supported as officials step up verbal intervention, dollar lower
LONDON :The yen found some support on Friday as Japanese officials stepped up their verbal intervention to stem the currency's decline, while the dollar was a touch softer but on track for its first weekly rise in three weeks.The yen popped higher after Japanese Finance Minister Satsuki Katayam ...
2 days ago
Founder of India’s top broker Groww joins billionaire financial elites
Keshre is the twelfth billionaire to emerge from India’s financial services industry in recent years