12 hours ago
Singapore’s digital payments set to hit US$113.7 billion by 2030, cementing regional lead
Koh Kim Xuan - Gen Z and millennial consumers are driving the shift towards cashless transactions in the city-state
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
12 hours ago
Singapore’s payments sector raises over US$319 million in funding for 9M 2025
Koh Kim Xuan - This surpasses combined fintech funding of US$104 million for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam
12 hours ago
Boeing says 777X delays add costs for airlines like SIA to keep older jets
Shikhar Gupta - SIA might have chosen Airbus for its freighter fleet due to the delays, says Boeing VP of commercial marketing
12 hours ago
Quantum needs a home in Asia: Why data centres will be a key anchor of Singapore’s next breakthrough
Govind Choudhary - When Singapore made its early investment in biomedical sciences 25 years ago, it was not a short-term experiment. It was a conscious decision to build capabilities ahead of the market and to position the country for an industry that would mature over decades. That long view helped create an ecosyste ...
12 hours ago
RHB, CGSI raise TP on KIT on ‘resilient’ cashflows and ‘dry powder support’ for DPU
Douglas Toh - Analyst Shekhar Jaiswal of RHB Singapore is keeping his “buy” call on Keppel Infrastructure Trust (KIT) at an upgraded target price of 58 cents from 55 cents previously on the trust’s FY2025 ended December 2025 results. Jaiswal’s notes that KIT’s results in the period “reinforced” its ...
12 hours ago
Ministers’ pay unchanged while median incomes up 80% since 2012: Chan Chun Sing
Tessa Oh - An entry-level minister earns a norm annual salary of S$1.1 million, though this represents a 40% discount to the market benchmark set...
12 hours ago
Panasonic's battery unit posts 3.5% drop in Q3 operating profit
TOKYO, Feb 4 : Quarterly operating profit for Panasonic Holdings' key energy unit, which makes batteries for Tesla, fell 3.5 per cent from a year earlier on lower sales in North America as conditions in the electric-vehicle market worsened.The segment posted an operating income of 40.5 billion ...
12 hours ago
TomTom says ramp-down of old contracts will weigh on 2026 sales, shares tumble
Feb 4 : Dutch mapping technology group TomTom expects its revenue to be lower or at most steady in 2026, as a shift between old and new contracts will have a negative effect before starting to drive growth in later years, it said on Wednesday.The group forecast revenue of between 495 million and 555 ...
12 hours ago
TomTom sees lower to steady revenue in 2026, followed by growth in 2027
Feb 4 : Dutch location technology company TomTom expects its revenue to be steady or lower in 2026, affected by the transition of some customers.The Amsterdam-based group forecast revenue of between 495 million and 555 million euros ($586 million and $657 million) for 2026. Last year, its revenue wa ...
12 hours ago
Infineon boosts investment target by 500 million euros to meet data centre demand
BERLIN, Feb 4 : Germany's Infineon, whose chips power AI data centres, said it plans to invest an extra 500 million euros ($591.65 million) in manufacturing capacity this fiscal year as it expects revenue from that business to grow by two-thirds in 2027. The company on Wednesday increased its p ...
12 hours ago
Infineon boosts investment to meet demand from AI data centres
BERLIN, Feb 4 : Germany's Infineon, whose chips are used to power AI data centres, expects revenue from that business to leap nearly two-thirds to 2.5 billion euros ($2.96 billion) in its 2027 fiscal year, as it raises planned investments to meet demand.Infineon is aiming for a chip revenue tar ...
12 hours ago
Top agent Rayne Chua at Melvin Lim’s KW Singapore leaves for ERA with many members of her team
Jessie Lim - KW Singapore was founded by the PropertyLimBrothers ex-CEO as a franchise of US real estate agency group Keller Williams
12 hours ago
UBS posts higher profit, signals US$3 billion buyback with upside
The bank plans to propose a dividend for 2025 of US$1.10 per share
12 hours ago
South Korea's Hanwha Ocean proposed delivery of four submarines to Canada by 2035
SEOUL, Feb 4 : South Korean shipbuilder Hanwha Ocean said on Wednesday that it proposed the delivery of four submarines to Canada by 2035. Hanwha is one of two finalists - alongside warship builder TKMS - in a tender to supply Canada with a new fleet of submarines, estimated by industry sources to b ...
13 hours ago
Nvidia AI chip sales to China stalled by US security review: report
The Commerce Department has completed its analysis, according to the report
13 hours ago
Indonesia unveils new draft market regulations after $80 billion rout
JAKARTA, Feb 4 : The Indonesia Stock Exchange has release draft regulations on Wednesday stipulating minimum free float requirements for new share listings, as it looks to move quickly to address concerns raised by index MSCI, which triggered an $80 billion market selloff last week.Indonesia promise ...
13 hours ago
Indonesia to unveil new market rules draft after $80 billion market rout
JAKARTA, Feb 4 : The Indonesia Stock Exchange will release a draft of new market regulations on Wednesday, the country's financial regulator said, as it looks to move quickly to address concerns raised by index MSCI that triggered an $80 billion market selloff last week.Indonesia has promised c ...
13 hours ago
No longer a ‘boring’ telco: Singtel’s multibillion-dollar data centre bet with KKR to power its transformation
Jude Chan - By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to...
13 hours ago
No longer a ‘boring’ telco: Singtel’s multi-billion-dollar data centre bet with KKR to power its transformation
Jude Chan - By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to...
13 hours ago
No longer a ‘boring’ telco: Singtel’s S$13.8 billion data centre bet with KKR to power its transformation
Jude Chan - By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to...
13 hours ago
China’s Nanshan Group plans 100,000 bpd refinery in Indonesia
Chinese firms have been looking to set up refineries in South-east Asia
13 hours ago
Ford and Geely in talks for manufacturing, technology partnership, sources say
Discussions have been going on for months
13 hours ago
Thai business group keeps 2026 GDP growth forecast at 1.6% to 2.0%
BANGKOK, Feb 4 : Thailand's economy is expected to grow in a range of 1.6 per cent to 2.0 per cent this year, a leading business group said on Wednesday, maintaining its previous forecast. Exports, a key driver of Thai growth, are projected to drop by between 0.5 per cent and 1.5 per cent this ...
13 hours ago
Shipping firms face tough 2026 as reopening of Red Sea looms
Maersk has made two successful passages for the first time since Yemen-based Houthis began attacking vessels in 2023
13 hours ago
Exclusive-BOJ won't come to the rescue of a Takaichi-driven bond rout
TOKYO, Feb 4 : Prime Minister Sanae Takaichi should not count on the Bank of Japan's help in taming sharp bond yield rises given the huge cost of intervention, including the significant risk of igniting unwelcome yen falls, sources say.Japanese government bonds (JGB) went into free fall last mo ...
13 hours ago
Tether retreats from $20 billion funding ambitions after investor pushback, FT reports
(Corrects spelling of 'billion' in headline)Feb 4 : Crypto group Tether Chief Executive Paolo Ardoino has downplayed the amount of money it will raise in a new funding round following investor pushback over its $500-billion valuation goal, the Financial Times reported on Wednesday.Tether&# ...
13 hours ago
Tether retreats from $20 billon funding ambitions after investor pushback, FT reports
Feb 4 : Crypto group Tether Chief Executive Paolo Ardoino has downplayed the amount of money it will raise in a new funding round following investor pushback over its $500-billion valuation goal, the Financial Times reported on Wednesday.Tether's advisers have floated raising as little as $5 bi ...
13 hours ago
Tether downplays $20 billion funding amount after investor pushback, FT reports
Feb 4 : Crypto group Tether Chief Executive Paolo Ardoino has downplayed the amount of money it will raise in a new funding round following investor pushback over its $500-billion valuation goal, the Financial Times reported on Wednesday.Tether's advisers have floated raising as little as $5 bi ...
14 hours ago
Malaysia’s 10-year chip design goal is facing ‘ultimate test’: Economy Minister
Tan Ai Leng - The government is experimenting with new frameworks to help Malaysian firms move into chip design and higher-value activities
14 hours ago
Petronas signs 20-year LNG supply deal with QatarEnergy
DOHA: QatarEnergy will supply Petronas 2 million metric tons a year (mtpa) of liquefied natural gas (LNG) in a 20-year deal, the Malaysian state-run firm said on Wednesday (Feb 4), helping address the country's rising gas demand amid dwindling reserves.The deal, signed at the LNG2026 conference ...
14 hours ago
HDB launches 9,012 BTO and balance flats, including Prime project in Redhill
In all, six BTO projects are on sale across Bukit Merah, Sembawang, Tampines and Toa Payoh
14 hours ago
Boeing expects to start delivering improved 787 Dreamliners in first half
[SINGAPORE] Boeing expects to begin delivering improved 787-9 and 787-10 Dreamliners to airlines in the first half of this year, enabling longer...
14 hours ago
Anthropic's AI plug-ins shake India's staffing-intensive IT sector; stocks dive 6%
Feb 4 : Shares of Indian IT exporters slumped 6.3 per cent on Wednesday, tracking losses in global software stocks, after Anthropic launched new tools that heightened concerns over AI-driven disruption in the data and professional services industry.U.S.-based Anthropic on Friday launched plug-ins ...
14 hours ago
Indian tech stocks slump as Anthropic's AI tool raises global staffing concerns
Feb 4 : Shares of Indian IT exporters slumped 6 per cent on Wednesday, tracking losses in global software stocks, after AI developer Anthropic launched new tools that heightened concerns over AI-driven disruption in the data and professional services industry.Anthropic launched plug-ins for its Clau ...