9 hours ago
Li Ka-shing sheds key UK power asset in makeover for new era
The power asset sales comes as CK Hutchison’s proposed sale of 43 global ports grows more complicated
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
CAO FY2025 earnings up 41.69% to US$110.64 mil, a record high
The Edge Singapore - Jet fuel supplier China Aviation Oil has reported revenue of US$16.9 billion for its FY2025, an increase of 5.94% over the previous year. However, earnings reached a record of US$110.6 million for FY2025, a jump of 41.69%, as the company booked more profits from trading, and also enjoyed more profit ...
10 hours ago
Hong Kong bourse full-year profit rises 36% to new high
[HONG KONG] Hong Kong Exchanges and Clearing, the city’s bourse operator, posted record full-year profit of HK$17.7 billion (S$2.85 billion) for 2025...
10 hours ago
Hong Kong exchange posts record profit as equity turnover doubles, listings rebound
HKEX will pay a second interim dividend payment of HK$6.52 per share
10 hours ago
Nvidia's CEO prepares investors for a renewed battle with Intel, AMD
SAN FRANCISCO, Feb 25 : Nvidia may have made its immense fortune on the back of specialized graphics processing units (GPUs) used to power artificial intelligence servers, but CEO Jensen Huang is increasingly professing his love for the more generalist CPU.The CPU, or central processing unit, was fo ...
10 hours ago
Analysis:Nvidia's CEO prepares investors for a renewed battle with Intel, AMD
SAN FRANCISCO, Feb 25 : Nvidia may have made its immense fortune on the back of specialized graphics processing units (GPUs) used to power artificial intelligence servers, but CEO Jensen Huang is increasingly professing his love for the more generalist CPU.The CPU, or central processing unit, was fo ...
10 hours ago
HSBC kicks off Singapore insurance business sale, eyes over US$1 billion value: sources
The bank makes the bulk of its revenues and profits in Asia
10 hours ago
Toyota plans around US$19 billion share sale by financial institutions, sources say
Its shares extended gains following the news
10 hours ago
Asia’s biggest banks line up bids for HSBC assets in Indonesia
Fast-growing markets are attracting banks looking to expand
10 hours ago
CGS International raises target price for Info-Tech Systems to $1.35 following FY2025 earnings
The Edge Singapore - Meghana Kande and Lim Siew Khee of CGS International have kept their "add" call along with a higher target price of $1.35 from $1.10 for Info-Tech Systems, after the software provider reported better FY2025 numbers than expected. For the year the Dec 31 2025, the company reported a core ne ...
10 hours ago
Qantas to start first cabin crew base in Singapore from September, plans to have 650 crew in five years
The Australian national carrier says it aims to get 120 crew members on board within the first year
10 hours ago
Economists raise Singapore’s 2026 growth forecast to 3.6%, majority see MAS holding in April
Low Youjin - Headline inflation is projected at 1.5%
11 hours ago
Shell in talks with Adnoc, others over Australia LNG stake sale
XRG has been on the hunt for a way to enter the fast-growing Asian LNG market
11 hours ago
SingLand announces 220m-tall The Clifford, a Grade A office tower on the site of the former Clifford Centre
Jovi Ho - The Clifford, formerly Clifford Centre, will almost double in height to 220m with 405,000 sq ft of net lettable area (NLA) across 35 floors of office, retail and F&B space when it is completed in 2028, announced Singapore Land (SingLand) on Feb 26. The tower will deliver a net lettable area of 3 ...
11 hours ago
South Korea watchdog fines Coupang $1.6 million for pressuring suppliers, delaying payments
SEOUL, Feb 26 : South Korea's antitrust regulator said on Thursday it has fined Coupang 2.2 billion won ($1.55 million) for pressuring suppliers to cut prices and shoulder additional costs to meet profit margins, as well as for delaying payments to vendors.The Korea Fair Trade Commission (KFTC) ...
11 hours ago
Marks & Spencer to exit the Philippines’ shifting retail market
The country has drawn global retailers seeking to tap into its young, consumption-driven population
11 hours ago
Exclusive-Toyota plans around $19 billion share sale by financial institutions, sources say
TOKYO, Feb 26 : Toyota plans a large-scale unwinding of strategic shareholdings that would involve banks and insurance firms selling around $19 billion of its shares, two sources said, in what would mark a watershed moment in Japan's corporate governance reform.The sale will likely total around ...
12 hours ago
Blending developed and emerging-market assets draws more private capital to South-east Asia’s energy transition
Janice Lim - This is what Clifford Capital has found after seven years of issuing infrastructure asset-backed securities
12 hours ago
Trump summons Amazon, Google, Meta to sign power-cost pledge
Analysts say major tech firms behind the AI data centre boom are happy to pay more for the power they need
12 hours ago
Hawkish BOJ board member calls for focus on inflation overshoot risk
KYOTO, Japan, Feb 26 : The Bank of Japan must focus on the risk of an inflation overshoot in guiding monetary policy, hawkish board member Hajime Takata said on Thursday, calling for gradual interest rate hikes.Takata, who proposed unsuccessfully to raise interest rates in January, repeated his view ...
12 hours ago
Nanofilm revenue jumps 20% to $244.6 million for FY2025
Lin Daoyi - For FY2025 ended Dec 31, Nanofilm Technologies International reported a 20% y-o-y increase in revenue to $244.6 million, with profit after tax jumping 58.2% y-o-y to $11.9 million. During the second-half of FY2025, revenue rose 13% y-o-y to $137.4 million. Nanofilm attributes the stronger result to ...
12 hours ago
Pair of adjoining shophouses in Chinatown up for sale
Jovi Ho - A pair of adjoining refurbished shophouses in the Chinatown Conservation Area zoned for commercial use are up for sale, says exclusive marketing agent Savills Singapore. Sitting on a combined land area of approximately 2,847 sq ft and a total builtup area of about 8,259 sq ft, the shophouses at 277 ...
12 hours ago
Gold gains on softer dollar; Iran-US talks in focus
Bullion hit a more than three-week high on Tuesday
12 hours ago
OpenAI hires ex-Apple models head from Meta, The Information reports
Feb 25 : OpenAI has hired Ruoming Pang, a high-profile AI researcher at Meta, who had joined the company from Apple about seven months ago, The Information reported on Wednesday, citing an OpenAI spokesperson.Meta and OpenAI did not immediately respond to Reuters' requests for comment.Pang over ...
12 hours ago
OpenAI hires Meta AI researcher who previously led Apple's models team, The Information reports
Feb 25 : OpenAI has hired Ruoming Pang, a high-profile AI researcher at Meta, who had joined the company from Apple about seven months ago, The Information reported on Wednesday, citing an OpenAI spokesperson.Reuters could not immediately verify the report.
12 hours ago
AEM shares up over 15% following positive H2 results; hit 1-year high of S$2.34 at midday
Chloe Lim - Its net profit is up 32% year on year at S$13.9 million
12 hours ago
AEM shares rise over 10% following positive H2 results
Chloe Lim - Its net profit rose 32% year on year to S$13.9 million
12 hours ago
AEM shares rise over 9% following positive H2 results
Chloe Lim - [SINGAPORE] Shares of semiconductor company AEM jumped more than 9 per cent on Thursday (Feb 26) morning, on the back of a...
12 hours ago
Amazon's $50 billion OpenAI investment may depend on IPO or AGI, The Information reports
Feb 25 : Amazon's plan to invest up to $50 billion in OpenAI could depend on whether the AI developer goes public or achieves an artificial general intelligence (AGI) milestone, The Information reported on Wednesday, citing people familiar with the matter. Under terms still being negotiated, Am ...
12 hours ago
Amazon's $50 billion OpenAI investment may depend on IPO or AGI milestone, The Information reports
Feb 25 : Amazon's plan to invest up to $50 billion in OpenAI could depend on whether the AI developer goes public or achieves artificial general intelligence (AGI), The Information reported on Wednesday, citing people familiar with the matter. Reuters could not immediately verify the report.
12 hours ago
Oil edges up as US-Iran tensions keep supply risks in focus
TOKYO, Feb 26 : Oil prices inched up on Thursday as investors gauged whether U.S.-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in U.S. crude inventories. Brent futures were trading at $71.04 per barrel, up 19 cents, or 0.3 per cent, at ...
12 hours ago
Oil climbs as US-Iran tensions keep supply risks in focus
TOKYO, Feb 26 : Oil prices climbed on Thursday, hovering near seven-month highs, as investors gauged whether U.S.-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in U.S. crude inventories. Brent futures were trading at $71.12 per barrel, ...
12 hours ago
Oil steadies as investors await US-Iran talks
LONDON, Feb 26 : Oil prices inched up on Thursday as investors assessed whether U.S.-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in U.S. crude inventories. Brent futures were trading at $71.02 per barrel, up 17 cents, or 0.24 per cent ...
12 hours ago
Oil falls 1% on higher US stockpiles with Iran-US nuclear talks in focus
LONDON, Feb 26 : Oil prices fell on Thursday as U.S. crude inventories rose by the most in three years and signs of weakness in the physical oil market weighed on prices, while traders assess whether U.S.-Iran talks could avert a supply-threatening military conflict.Brent futures were trading at $70 ...