9 hours ago
Nanofilm shares jump as much as 32.4% on increased revenue, profit margin
Shikhar Gupta - The company posts a 24% year-on-year rise in recognised revenue to S$55 million for Q1
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
Nanofilm shares jump as much as 24.5% on increased revenue, profit margin
Shikhar Gupta - The company posts a 24% year-on-year increase in recognised revenue to S$55 million for Q1
9 hours ago
Keppel posts slightly lower Q1 profit, says little impact from Middle East conflict so far
Singapore's Keppel Ltd posted a slight drop in its first-quarter net profit on Thursday (Apr 23), excluding the non-core portfolio for divestment and discontinued operations, hurt by lower contribution from its real estate division.The company said better results from infrastructure and connect ...
9 hours ago
TSMC shows smaller, faster chips without a pricey new tool from ASML
The global giant makes chips for Nvidia, Apple and Google
10 hours ago
MBS Ebitda jumps 30.2% to new Q1 high of US$788 million on ‘high-quality investment’, ‘high-value tourism’
Elysia Tan - Parent company LVS’ consolidated adjusted property Ebitda climbs to US$1.4 billion
10 hours ago
MBS profit jumps 30.2% to new Q1 high of US$788 million on ‘high-quality investment’, ‘high-value tourism’
Elysia Tan - Parent company LVS’ consolidated adjusted property Ebitda climbs to US$1.4 billion
10 hours ago
Gold falls as US-Iran maritime stand off heightens inflation risk
Now in its eighth week, the conflict has triggered an unprecedented energy-supply shock that has heightened inflation risks
10 hours ago
Gold steadies as Hormuz stand off keeps inflation risk high
Now in its eighth week, the conflict has triggered an unprecedented energy-supply shock that has heightened inflation risks
10 hours ago
Dollar holds firm as angst over Iran-US stand-off drives safe-haven demand
LONDON, April 23 : The dollar was headed for its first weekly rise in a month on Thursday, as a stand-off between Iran and the U.S. in the Middle East war and a lack of progress on peace talks sent oil prices back above $100 a barrel and dented investor optimism.Tehran seized two ships in the Strait ...
10 hours ago
Dollar holds near 1-1/2-week high as Iran-US stand-off persists
HONG KONG, April 23 : The dollar inched higher near a 1-1/2-week high on Thursday as a stand-off between Iran and the U.S. in the Middle East war and lack of progress in peace talks lifted oil prices back above $100 per barrel, weighing on investor sentiment.Tehran seized two ships in the Strait of ...
10 hours ago
Dollar holds near 1-1/2-week high as Iran-US standoff persists
HONG KONG, April 23 : The dollar wobbled near a 1-1/2-week high on Thursday as a standoff between Iran and the U.S. in the Middle East war and lack of progress in peace talks pulled oil prices back above $100 per barrel, weighing on investor sentiment.Tehran seized two ships in the Strait of Hormuz ...
10 hours ago
Sports events group Kin Global closes 15.2% above IPO price in Catalist debut
Deon Loke - Its public offer of one million shares was 29.5 times subscribed at S$0.23 a share
10 hours ago
Sports events group Kin Global opens 17.4% above IPO price in Catalist debut
Deon Loke - Its public offer of 1 million shares was 29.5 times subscribed at S$0.23 a share
10 hours ago
Japan’s Nikkei crosses key 60,000 level for first time on tech rally
The index has recouped all losses since the start of the US-Iran war in late February
10 hours ago
Japan’s Nikkei crosses 60,000 level for the first time on tech rally
[TOKYO] Japan’s Nikkei share average crossed the 60,000 level for the first time on Thursday (Apr 23), as SoftBank Group and other...
10 hours ago
Microsoft to invest $18 billion in Australia for AI push
April 23 : Microsoft said on Thursday it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 to boost computing and artificial intelligence capacity in the country.The company said in a statement the investment will help expand its Azure AI supercomputing and cloud infrastructur ...
10 hours ago
Microsoft to invest $18 billion in Australia in AI push
April 23 : Microsoft said on Thursday that it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 to boost artificial intelligence capacity in the nation.($1 = 1.3966 Australian dollars)
10 hours ago
SoftBank seeks $10 billion margin loan backed by OpenAI shares, Bloomberg News reports
April 22 : SoftBank Group is seeking a $10 billion loan secured by its shares in ChatGPT maker OpenAI, Bloomberg News reported on Wednesday, citing sources.The two-year margin loan would carry an option for SoftBank to extend the borrowing by an additional year, the report added.Reuters could not im ...
10 hours ago
Oil gains as US-Iran talks stall, Hormuz shipping still disrupted
LONDON, April 23 : Oil prices extended gains on Thursday, rising more than $1 on stalled peace talks between Iran and the United States and continued restrictions on trade through the Strait of Hormuz. Brent crude futures rose $1.47, or 1.4 per cent, to $103.38 a barrel by 0931 GMT after settling ab ...
10 hours ago
Nvidia supplier SK Hynix’s Q1 profit rises five-fold to a record high on AI boom
Some analysts expect the pace of price increases to ease after the second quarter
11 hours ago
Japan's factory activity expands at strongest pace in 4 years, PMI shows
TOKYO, April 23 : Japan's manufacturing activity expanded at its strongest pace in four years in April as firms boosted production over concerns about potential supply shortages due to rising tensions in the Middle East, a private-sector survey showed on Thursday. • The S&P Global flash J ...
11 hours ago
Japan's Nikkei crosses 60,000 level for the first time on tech rally
SoftBank Group and other technology stocks gained and risk sentiment improved after United States President Donald Trump extended the ceasefire with Iran.
11 hours ago
Keppel Q1 net profit dips on lower real estate contribution; Iran war yet to impact group
Shikhar Gupta - Recurring income improves year on year, on the back of higher income from operations and stable profits from asset management
11 hours ago
Keppel Q1 net profit slightly lower, says limited direct impact from Iran war
Shikhar Gupta - Recurring income improves year on year, on the back of higher income from operations and stable net profit from asset management
11 hours ago
Stocks to watch: Keppel, CDL, CapitaLand China Trust, Oiltek, Kin Global
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 23):
11 hours ago
CapitaLand China Trust reports 3.5% drop in Q1 NPI to 282.4 million yuan
Deon Loke - Gross revenue for the quarter falls 5.3% to 416.4 million yuan
11 hours ago
IBM’s slower revenue growth fans AI worries, shares fall
Concerns that AI will eat into the software business have grown with the launch of tools that can automate routine corporate functions
11 hours ago
South Korea fin minister, central bank chief to seek balanced mix of fiscal, monetary policies
SEOUL, April 23 : South Korea's Finance Minister Koo Yun-cheol and central bank Governor Shin Hyun Song on Thursday agreed to seek a balanced approach in conducting fiscal and monetary policies in their first official meeting since Shin took office this week. The two also agreed to "fundam ...
11 hours ago
Goldman Sachs settles shareholder lawsuit over 1MDB scandal
US and Malaysian authorities have said that US$4.5 billion was syphoned away from the Malaysian sovereign wealth fund
11 hours ago
CLCT's net property income for 1QFY2026 down 3.5% y-o-y to RMB282.4 mil
The Edge Singapore - CapitaLand China Trust's net property income for its 1QFY2026 was down 3.5% y-o-y to RMB282.4 million, with the absence of contribution from assets already divested. Excluding which, CLCT's NPI for the quarter was up 1.3% y-o-y. Gross revenue, also because of the divestment of CapitaMall Y ...
12 hours ago
New Keppel's 1Q2026 net profit is slightly lower y-o-y
The Edge Singapore - In its 1QFY2026 business updates for the three months to Mar 31, net profit for the New Keppel, excluding the non-core portfolio for divestment and discontinued operations was slightly lower y-o-y. Stronger performance in the infrastructure and connectivity segments were offset by lower contribution ...
12 hours ago
US and Iran deadlocked over Hormuz after Trump extends ceasefire
Iran’s gunboats fired on commercial ships in the strait on Apr 22
12 hours ago
Iran fires on Hormuz ships as US Navy intercepts oil tankers as peace talks remain in limbo
Around 800 vessels are still stuck in the Persian Gulf
12 hours ago
Iran fires on Hormuz ships as US Navy intercepts oil tankers
Around 800 vessels are still stuck in the Persian Gulf