11 hours ago
OCBC’s Lion Global Investors launches Singapore’s first physical gold fund
Chloe Lim - It seeks to track the performance of London Bullion Market Association Gold Price AM
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
12 hours ago
Amova to launch 2 EQDP funds focusing on local small- mid-caps
Samantha Chiew - Amova Asset Management (previously Nikko AM), one of the six appointed asset managers that will launch fund strategies under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme (EQDP), will be launching two new funds in the first quarter of 2026. One of the funds is Sin ...
12 hours ago
A stronger ringgit is unleashing Malaysians’ demand for premium travel destinations, experiences
Tan Ai Leng - Travel platforms and money changers say the firmer currency is unleashing fresh demand
12 hours ago
Ringgit comeback rekindles Malaysians’ wanderlust
Tan Ai Leng - Travel platforms and money changers say the firmer currency is unleashing fresh demand
12 hours ago
A stronger ringgit is giving Malaysians wanderlust again
Tan Ai Leng - Travel platforms and money changers say the firmer currency is unleashing fresh demand
12 hours ago
Singapore orders Apple, Google to prevent government spoofing on messaging services
Deon Loke - The tech companies must close security gaps on iMessage and Google Messages
12 hours ago
Singapore orders Apple, Google to implement measures to prevent government spoofing on messaging apps by Nov 30
Deon Loke - The tech companies must close security gaps on iMessage and Google Messages
12 hours ago
CDL sells Osaka hotel to Blackstone-managed real estate funds for 14 billion yen
Therese Soh - The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts
12 hours ago
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
Therese Soh - The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts
13 hours ago
Philippines mulls rate cut to spur demand after scandal hit
The policymaking Monetary Board is scheduled to meet on Dec 11
13 hours ago
WeRide trims losses as China’s robotaxi race gains momentum
The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region
13 hours ago
Starbucks Malaysia operator sees business rebound after boycotts
The brand overhang from geopolitical tensions may continue suppressing demand in the near term, delaying a return to pre-boycott performance levels
14 hours ago
CDL to divest Bespoke Hotel Osaka Shinsaibashi for $117 mil
Felicia Tan - City Developments Limited, through its indirect wholly-owned subsidiary, M&C Sakura TMK, has entered into a purchase and sale agreement with Real Estate funds managed by Blackstone, to divest the Bespoke Hotel Osaka Shinsaibashi in Japan for JPY14 billion ($117 million). CDL had acquired the hot ...
14 hours ago
Asia: Markets advance as odds for another Fed rate cut grow
Tech firms have enjoyed a revival after suffering a period of selling in recent weeks
14 hours ago
The new Bitcoin and Ethereum perpetual futures on SGX: How do they work?
Shikhar Gupta - They aim to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems
14 hours ago
The new Bitcoin and Ethereum futures on SGX: How do they work?
Shikhar Gupta - They aim to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems
14 hours ago
What are Bitcoin, Ethereum futures that just launched on SGX, and how do they work?
Shikhar Gupta - They aim to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems
14 hours ago
Moscow, Beijing discuss Russian oil exports boost
Russia has been discussing with Chinese partners the possibilities of expanding oil exports to China
14 hours ago
Major Indonesia nickel plant cuts output as waste piles up
HPAL producers have also been contending with the higher cost of sulphur, a chemical used to produce acid
15 hours ago
Syngenta is said to mull Hong Kong IPO after Shanghai pulled
A big chunk of the offerings come from Chinese companies pursuing a second listing in the city to help support their overseas...
15 hours ago
BMW mulls adding range-extending engines to EV models in China
The company may become the first German automaker to offer the technology that’s not yet widely available in Europe
15 hours ago
Tng of CGS International keeps 'add' call on Sanli Environmental but trims target price following $10 mil placement
The Edge Singapore - William Tng of CGS International has trimmed his target price for Sanli Environmental from 51 cents to 47 cents, to take into account a larger share base following a $10 million placement. On Nov 24, the engineering firm announced its plans to issue 38.5 million new shares at 26 cents each, a price ...
15 hours ago
Gold holds steady as rising US rate-cut bets offset dollar strength
Investors are now pricing in an 81% chance of a Fed rate cut in December
15 hours ago
Grab-backed digital lender Superbank targets up to 3.1 trillion rupiah in December IPO
Elisa Valenta - The bank lends to underserved consumers and SMEs through digital channels, leveraging Grab’s data
16 hours ago
Analysts stay bullish on CSE Global following 3QFY2025 business update and potential DC projects win ahead in 4QFY2025
Teo Zheng Long - Analysts from UOB KayHian, RHB Bank Singapore and CGS International are keeping their respective “buy” calls for CSE Global following the recent 3QFY2025 business update. In their report dated Nov 24, both John Cheong and Heidi Mo from UOB KayHian have maintained their “Buy” call on CSE Glob ...
16 hours ago
Citigroup India nears US$1 billion book of asset backed securities
Rising interest cycle makes existing securities less attractive
16 hours ago
China’s AI promise lures top Asia fund away from South Korea, Taiwan
Investments by leading Chinese cloud services providers are expected to rise 20% next year
16 hours ago
New owners to revive fish farms vacated by troubled Apollo, Barramundi groups
The building at Neo Tiew Crescent in Lim Chu Kang will be used to grow vannamei prawn and food fish
17 hours ago
Bank of Korea to hold rates at 2.50% on November 27, cut pushed to next quarter: Reuters poll
BENGALURU :The Bank of Korea will keep its key interest rate unchanged at 2.50 per cent on Thursday as policymakers grapple with a volatile currency and an overheated housing market, according to a majority of economists in a Reuters poll who have pushed the next predicted rate cut to early next yea ...
17 hours ago
Singapore banks’ capital can take 3% loss rate on data centre loans in worst-case scenario, says Bloomberg Intelligence
Felicia Tan - Singapore banks will be able to “easily absorb” a 3% loss rate on data centre loans should the worst happen, says Rena Kwok of Bloomberg Intelligence. “Singapore banks have solid capital cushions that could, if necessary, absorb significantly higher default rates to lending to data centres, ou ...
17 hours ago
Google, Accel partner to back Indian AI startups
BENGALURU :Alphabet's Google and venture capital firm Accel will partner to fund at least 10 early-stage Indian AI startups, marking the U.S. technology giant's first such funding partnership, top executives at the companies said on Thursday.The move comes as several U.S. tech firms like M ...
17 hours ago
Rate hikes drive Japan regional banks towards mergers to survive
The lenders are facing increased competition for deposits as an inexpensive funding source with interest rates rising, and new rivals such as...
17 hours ago
Stocks to watch: Keppel, CapitaLand Investment, CDL Hospitality Trusts, UOB, Wee Hur
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 25):
17 hours ago
Amazon pushes in-house AI coding tool Kiro over competitors', memo shows
SAN FRANCISCO :Amazon suggested its engineers eschew AI code generation tools from third-party companies in favor of its own, a move to bolster its proprietary Kiro service, which it released in July, according to an internal memo viewed by Reuters.In the memo, posted to Amazon's internal news ...