14 hours ago
CDL eyes chances to unlock value from commercial portfolio, keeps options open for mature assets
Chong Xin Wei - Its revamped City Square Mall has about 26,000 sq ft more in gross floor area and new leases at higher rental rate
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
14 hours ago
Wall Street mixed as investors assess IEA announcement, inflation data
[NEW YORK] Wall Street’s main indexes were mixed on Wednesday (Mar 11) as investors assessed a key inflation report and the International...
14 hours ago
Wall St opens mixed as investors assess inflation data
[NEW YORK] Wall Street’s main indexes opened mixed on Wednesday (Mar 11) as investors assessed a key inflation report.
15 hours ago
UI Boustead Reit’s public offer of 33.9 million units 2.9 times subscribed
Shikhar Gupta - The counter is expected to begin trading at 2 pm on Mar 12
15 hours ago
Q&M on acquisition binge with MOU to acquire dental group in Australia for A$144.5 mil
The Edge Singapore - Just one week after Q&M Dental Group announced plans to acquire a local rival dental chain, it has announced a much bigger deal to acquire an unnamed dental group in Australia. According to Q&M, this acquisition, first flagged by The Edge Singapore in a story published on March 5, will help ...
15 hours ago
Iran tells world to get ready for oil at US$200 a barrel as it fires on merchant ships
The warning comes as three more ships came under attack in the blockaded Gulf
15 hours ago
Iran tells world 'get ready for US$200 a barrel'
The warning comes as three more ships came under attack in the blockaded Gulf
15 hours ago
GoTo earnings forecast tops estimates after cost reductions
Growth cooled from its breakneck pace as the firm pivots to focus on profitability
16 hours ago
Japan's MUFG, State Bank of India partner to finance projects, including M&A
MUMBAI, March 11 : Japan's Mitsubishi UFJ Financial Group (MUFG) and the State Bank of India (SBI) on Wednesday announced a strategic partnership to structure and finance projects, including mergers, acquisitions and real estate financing for Indian and global clients.The alliance follows recen ...
16 hours ago
IPO of UI Boustead REIT is 3.3 times subscribed
Teo Zheng Long - The IPO of UI Boustead REIT is 3.3 times subscribed. A total of 677,175,200 units were sold, with 33.9 million units sold to retail investors. This IPO, which raised $973.6 million, is priced at 88 cents each, which implies a price/NAV of 1.0 time and projected distribution yield of 7.8% for FY2027. ...
16 hours ago
Hong Kong watchdog launches probe into Citic local unit, sources say
HONG KONG, March 11 : Hong Kong's securities regulator has launched a probe into the local unit of Chinese brokerage Citic Securities linked to its handling of some recent share sale transactions, two sources with knowledge of the matter said on Wednesday.The Securities and Futures Commission ( ...
16 hours ago
Nvidia to invest $2 billion in neocloud Nebius amid AI data center push
March 11 : Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker's growing list of investments in AI firms and data center infrastructure. U.S.-listed shares of Amsterdam-based Nebius jumped over 10 per cent in premar ...
16 hours ago
Nvidia to invest $2 billion in AI cloud firm Nebius
March 11 : Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker's growing list of investments in AI firms. U.S.-listed shares of Amsterdam-based Nebius jumped nearly 10 per cent in premarket trading.The companies sai ...
16 hours ago
Zoox and Uber tie up to deploy robotaxis on ride-hailing network
March 11 : Uber Technologies signed a multi-year partnership to deploy Zoox's purpose-built robotaxis to its platform, the companies said on Wednesday, marking the latter's first venture with a third-party ride-hailing service.Despite lagging behind industry leader Alphabet's Waymo in ...
16 hours ago
The Assembly Place to operate workers' dormitory JV with S11
The Edge Singapore - Co-living operator The Assembly Place Holdings has set up a 60-40 joint venture with S11 Granuity Management to operate a purpose-built migrant worker dormitory. The dormitory, with 886 beds, is at 2 Seletar North Link, which is a property under S11, an existing operator of worker dormitories. This ...
17 hours ago
OG denies conspiracy claims to injure Hao Mart and owner in lawsuit involving GCB mortgage
Paige Lim - This is one of four lawsuits involving OG and Hao Mart relating to the lease of the Taste Orchard premises
17 hours ago
Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals
Tessa Oh - Blackstone Asia Real Estate Partners and Brazen Sky are pursuing other workarounds, such as winding up relevant entities
17 hours ago
Spain to launch tool to monitor hate on social media, PM Sanchez says
MADRID, March 11 : Spain will launch a tool to measure hate speech on digital platforms as part of a broader strategy to increase oversight of social media companies, Prime Minister Pedro Sanchez said on Wednesday.The country announced a wider plan last month to regulate social media, including a ba ...
17 hours ago
Private credit not in a bubble: Hamilton Lane 2026 market overview
Benjamin Cher - Private markets log the second-highest year for aggregate distributions in 2025
17 hours ago
US firm Quantinuum expands to Singapore with new R&D hub
Jermaine Fok - The company will deploy its advanced quantum computer here, making it the city-state’s first commercial one
17 hours ago
Japan to release part of oil reserves from private sector, state stockpile, PM says
TOKYO, March 11 : Japan plans to release 15 days worth of private-sector oil reserves and one month's worth of state oil reserves, Prime Minister Sanae Takaichi said on Wednesday.
17 hours ago
Taiwan's Pegatron, GlobalWafers see no immediate risk from Middle East war
TAIPEI, March 11 : Two major Taiwanese technology companies crucial to the global consumer electronics and semiconductor supply chain said on Wednesday the conflict in the Middle East had not yet disrupted their operations, though one top executive expressed hopes for the war to end swiftly.The esca ...
17 hours ago
OG calls Hao Mart’s lawsuit involving Jervois Hill GCB an 'abuse of process’
In a recently filed defence, OG said its former master tenant's claim of a conspiracy is legally baseless.
18 hours ago
Ringgit’s rebound tests Malaysian exporters as Singdollar remains resilient
Tan Ai Leng - Businesses say the strengthening ringgit is starting to squeeze exporters’ margins, though SME importers get cost relief
18 hours ago
Quince raises $500 million at $10.1 billion valuation
March 11 : Online retailer Quince said on Wednesday it has raised $500 million in a Series E funding round at a post-money valuation of $10.1 billion, signaling strong investor appetite for tech-enabled retail platforms benefitting from resilient spending by wealthy shoppers. The funding was led by ...
18 hours ago
Oracle rallies as strong revenue forecast eases concerns over massive AI bets
March 11 : Oracle shares surged about 10 per cent before the bell on Wednesday after the software giant's upbeat revenue forecast calmed worries over faster returns from its hefty spending on artificial intelligence infrastructure.The company has poured billions of dollars toward building data ...
18 hours ago
Singapore blue chips edge up 0.1% as lower oil prices ease war anxieties
Tay Peck Gek - The iEdge Singapore Next 50 Index also rose 20.06 points or 1.4% to 1,437.12 points
18 hours ago
Newly-listed UltraGreen.ai joins three SGX ‘veteran’ stocks on iEdge Singapore Next 50 Indices
Lin Daoyi - Listed on the Singapore Exchange in December 2025, UltraGreen.ai will join Haw Par Corp, GuocoLand and Valuemax Group on the iEdge Singapore Next 50 indices on Mar 23. In a press release on the indices’ quarterly review, SGX announced that the afore-mentioned four counters will replace Banyan Tree ...
18 hours ago
Porsche pivots to cost-cutting as sales come under pressure
It plans to expand into higher-margin segments to counter the challenges
19 hours ago
Thai Air to raise fares as fuel costs soar and demand surges
The carrier will raise ticket prices by 10% to 15%, as its Europe flights in March reach 90% of seat capacity
19 hours ago
CapitaLand Development debuts strata-titled ‘waterfront food hub’ Gourmet Xchange
Jovi Ho - CapitaLand Development (CLD) has unveiled Gourmet Xchange, Singapore's largest strata-titled food facility and the first integrated waterfront food hub in Kallang. The 33-year leasehold development comprises two clusters, with 264 units in a nine-storey block and eight terraced units in a three ...
19 hours ago
Warburg-backed PDG to raise US$5 billion in debt for data centres
The planned financing will support facilities in India, Indonesia, Malaysia and Japan
19 hours ago
Warburg-backed Princeton to raise US$5 billion in debt for data centres
The planned financing will support facilities in India, Indonesia, Malaysia and Japan
19 hours ago
Founders of Sea, Haidilao among 55 Singapore billionaires in Forbes’ latest list
Koh Kim Xuan - This is up from 49 in the 2025 edition