2 days ago
SBF sees a 70% surge in businesses seeking support amid rising trade tensions
Jermaine Fok - The chamber’s total membership is up 7% and now stands at 34,200
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
The Business Times Global to officially launch on Jan 26, with focus on S-E Asia
Evan See - The event will feature a dialogue with Minister Tan See Leng, founders of Kopi Kenangan and AI firm Amity
2 days ago
Ericsson to continue job cuts, CEO says
Jan 23 : Swedish telecoms equipment maker Ericsson expects to continue shedding jobs, CEO Börje Ekholm said on Friday."You have seen that we have reduced the headcount, for example, by 5,000 over the past year, and we expect to continue reducing headcount going forward," Ekholm said in a ...
2 days ago
Hyundai Motor to recall nearly 84,000 US vehicles over instrument panel display failure, NHTSA says
Jan 23 : Hyundai Motor is recalling 83,877 vehicles in the U.S. as the instrument panel display may fail to show critical safety information, such as the speedometer or fuel gauge, the U.S. National Highway Traffic Safety Administration said on Friday.The audio video navigation software will be upda ...
2 days ago
Inpex working on advancing Indonesia's Abadi LNG project to meet government request
TOKYO, Jan 23 : Japan's Inpex is working to advance the start of its Abadi project in Indonesia to meet the government's request to speed up and has seen strong interest from Western majors to buy liquefied natural gas, CEO Takayuki Ueda said.The long-delayed $20 billion project, which wil ...
2 days ago
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
Chloe Lim - One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts
2 days ago
From K-pop to ‘petrol station’ sets: How photo studios are clicking with customers
Chong Xin Wei - As the post-pandemic scene grows saturated, photo booth operators aim to stand out with fresh concepts and collaborations
2 days ago
‘Arbitration noise’ weighs over Seatrium but CGSI and Citi keep positive calls
Lin Daoyi - CGS International and Citi Research have maintained their respective positive calls on Seatrium after news that Norwegian company Aibel AS, its partner for the DolWin 5 project, has filed arbitration proceedings on Seatrium, claiming EUR113 million. In return, Seatrium has filed its own claim of EUR ...
2 days ago
BOJ Governor Ueda's comments at news conference
Jan 23 : The Bank of Japan raised its growth estimate and maintained its hawkish inflation forecasts on Friday even as it kept interest rates steady, signalling its confidence a moderate recovery would justify raising still-low borrowing costs further.At a two-day meeting that ended on Friday, the B ...
2 days ago
Ericsson plans first-ever share buyback as profit beats market view
Jan 23 : Swedish telecoms gear maker Ericsson said it planned to return 15 billion Swedish crowns ($1.7 billion) to investors through its first share buyback programme ever, after it trounced quarterly earnings expectations on Friday.Shares of the company rose more than 11 per cent in early Stockhol ...
2 days ago
Ericsson's profit beats market view, plans $1.7 billion buyback
Jan 23 : Swedish telecoms gear maker Ericsson said it planned to return 15 billion Swedish crowns ($1.7 billion) to shareholders through share repurchases as it beat quarterly operating earnings expectations on Friday.The company reported adjusted earnings before interest and taxes, excluding restr ...
2 days ago
Sing Holdings to announce significant rise in FY2025 net profit due to North Gaia
The Edge Singapore - Sing Holdings has announced that it is expecting a significant increase in net profit because of the recognition of revenue from the completion of an Executive Condominium (EC) development, North Gaia. According to a presentation in its AGM in April last year, 99.5% of North Gaia had been sold, with ...
2 days ago
Why Indonesia’s rupiah hit a record low in January
Analysts widely expect the currency to weaken further in 2026
2 days ago
Pickleball, condo BBQs: Singaporeans connect via AI-powered friendship apps amid global trend
Chloe Lim - These apps create opportunities for highly compatible, offline connections in this hyper-digital age
2 days ago
Jollibee’s Highlands Coffee is said to consider US$400 million IPO in Vietnam
The Philippine fast-food operator plans to list its international business in the US
2 days ago
Netflix says Paramount bid 'doesn't pass sniff test' as Warner battle intensifies, FT says
Jan 23 : Netflix co-chief executive Greg Peters said it is on track to win the backing of Warner Bros Discovery shareholders for its $82.7 billion offer for the company's film and television studios, adding that Paramount's rival bid "doesn't pass the sniff test", the Financ ...
2 days ago
Netflix says Paramount bid 'doesn't pass sniff test' as Warner battle intensifies, FT reports
Jan 23 : Netflix co-chief executive Greg Peters said the company is on track to win the backing of Warner Bros Discovery shareholders for its $82.7 billion offer for the company's film and television studios, adding that Paramount's rival bid "doesn't pass the sniff test", t ...
2 days ago
Hong Kong-listed J&T Global Express aims to raise HK$4.7 billion for tech, overseas expansion
The company says that the bonds will have an initial conversion price of HK$14.55 per class B share
2 days ago
Singapore’s core and headline inflation stay at 1.2% in December, in line with forecasts
Paige Lim - This takes core inflation and headline inflation for the whole of 2025 to 0.7 per cent and 0.9 per cent respectively
2 days ago
Singapore’s 2025 core inflation averages 0.7%, down from 2.8% in 2024
Paige Lim - December’s core and headline inflation stayed unchanged at 1.2 per cent
2 days ago
Hao Mart and owner sue OG over Good Class Bungalow mortgage, claiming S$57.5 million
Tay Peck Gek - This is the second court case that involves OG and Hao Mart, arising from the lease of the Taste Orchard premises
2 days ago
It doesn’t really matter whether the STI hits 10,000
Kwan Wei Kevin Tan - The analyst chatter around the Straits Times Index (STI) can feel more like an auction than a stock market, with bullish calls on just how high the blue-chip index can go. Maybank Securities’ Thilan Wickramasinghe says in his Jan 12 note that he expects the index to hit 5,600 points, driven by fac ...
2 days ago
Indonesia’s Merdeka Gold is said to hire banks for Hong Kong listing
Deliberations are ongoing, and the size and timing of the deal are still under discussion
2 days ago
Trump doesn’t need to take over Greenland to score a win
Kwan Wei Kevin Tan - “There are decades where nothing happens, and there are weeks where decades happen,” said Vladimir Lenin, leader of Russia’s 1917 revolution. With US President Donald Trump, however, something is always happening. On Jan 20, the 79-year-old marked one year into his second term with a two-hour ...
2 days ago
Inside Great Eastern’s Universal Life play
Goola Warden - Universal Life (UL) products have long been part of Singapore’s insurance landscape. Over the past 12 to 18 months, their appeal has surged, largely because they are typically priced in US dollars, although GEH also offers an SGD version. Since early 2025, US and local interest rates have gone in ...
2 days ago
STI is ‘far more than just a dividend index’, says FTSE Russell CEO Fiona Bassett
Kwan Wei Kevin Tan and Felicia Tan - Before the Straits Times Index (STI) began reaching new highs, Singapore’s benchmark equity index had earned a reputation for being stable, dividend-driven and, dare we say it, a little boring. This perception likely stems from the type of companies that make up the index. Of the STI’s 30 consti ...
2 days ago
Great Eastern CFO on crises, capital and the long game
Goola Warden - Ronnie Tan, group CFO of Great Eastern Holdings (GEH), has seen the insurance industry change dramatically since joining the life insurer in 2002. “Beyond the technical aspect of implementing IFRS 17, I think one of the biggest achievements I am proud of is being able to navigate Great Eastern thr ...
2 days ago
Winds of change in valuations for life insurance companies
Goola Warden - For financial institutions, capital and capital ratios are important metrics. While Common Equity Tier 1 for banks is based on the ratio of their common equity divided by their risk-weighted assets, life insurers have different ways of calculating risk-based capital (RBC). Great Eastern Holdings ado ...
2 days ago
ASL Marine’s turnaround comes with an uncomfortable safety footnote
Frankie Ho - After a once-in-a-generation pandemic boom, Asia’s maritime services industry has entered a more sober and disciplined phase. Ship chartering remains above pre-Covid norms but is off the euphoric highs of 2021–2022. Tankers have outperformed, with Western sanctions reshaping oil trade flows and ...
2 days ago
Stanchart says 2026 ‘very, very different’ following multi-year liquidity peak
Felicia Tan - As the world emerges from a multi-year peak in global liquidity in 2025, this year could shape up to be a “very, very different” year with the reversal of some of those capital flows. “The flood of liquidity that we saw globally and in Asia, I think, is going to start to turn,” says Eric Rob ...
2 days ago
Why are fintechs riding high?
Nirgunan Tiruchelvam - Investors may remember Catch Me if You Can, the 2002 movie that stars Leonardo DiCaprio. The heart-throb plays Frank Abagnale, a con artist who swindled his victims of over US$2.5 million in the 1960s. Abagnale was a teenager with immense charm and confidence. At 18 years old, he stood over 6 feet ( ...
2 days ago
Bank of Japan keeps rates steady, raises growth and inflation forecasts
The central bank vowed to raise rates if economic and price developments move in line with its projections
2 days ago
Freeport says it’s on track to restart Indonesia copper mine after deadly mudslide
The company has already restarted two unaffected areas of the mine since the incident in September
2 days ago
Go ahead and resent boomers but for the right reasons
Allison Schrager - There is a natural human tendency to assume that your generation has it harder than everyone else. Even by those standards, however, baby boomers (and some older millennials) are on the receiving end of an extraordinary amount of resentment. You could fill a good-sized library with all the books dev ...