15 hours ago
Singapore retail sales fall 0.4% in January, dragged by later Chinese New Year timing
Tessa Oh - The drop reverses December’s 2.5% gain as CNY’s shift to February weighs on consumer spending
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
15 hours ago
Failed reform vote raises questions over Malaysia’s coalition discipline
Analysts say this raises execution risks for the administration’s agenda
15 hours ago
OpenAI tops US$25 billion in annualised revenue, The Information reports
It is laying the groundwork for an IPO that could value it at up to US$1 trillion
15 hours ago
China to inject 300 billion yuan into state banks, deepen reform of state financial firms
Chinese lenders have faced rising bad loans tied to struggling real estate developers and cash-strapped local governments
15 hours ago
Analysts reinforce bullishness for ASL Marine after 8-fold increase in earnings
Lin Daoyi - Analysts from Lim & Tan and UOB Kay Hian (UOBKH) have reiterated their confidence in Mainboard-listed ASL Marine after the shipyard reported an eight-fold jump in earnings from $2.1 million in 1HFY2025 to $17.1 million in 1HFY2026 ended Dec 31. Revenue for ASL rose y-o-y by 5.5% to $181.6 millio ...
15 hours ago
Foreign selloff in Asia stocks continues in February; Seoul hardest hit
March 5 : Foreigners sold Asian equities for a fourth straight month in February, as they booked profits and sharply cut exposure to South Korea amid concerns over stretched technology sector valuations and rising geopolitical risks.South Korea saw record foreign outflows of $13.67 billion last mont ...
16 hours ago
Billionaire sitting on 16,000 kg of gold says price will rise
The precious metal has surged more than 75% in a year to trade above US$5,000 an ounce
16 hours ago
Billionaire sitting on 16,000 kilos of gold says price will rise
The precious metal has surged more than 75% in a year to trade above US$5,000 an ounce
16 hours ago
DFI Retail’s strong execution on strategic reset keeps it on track for long-term growth
Samantha Chiew - Analysts are very upbeat on DFI Retail Group following its latest FY2025 ended Dec 31, 2025 results announcement. To recap, underlying profit was 35% up y-o-y at US$270 mil, while revenue held steady at US$8.87 billion. However, with the better sales mix and the divestments of loss-making stakes, th ...
16 hours ago
Digital infrastructure can be a sustainability accelerator for SMEs – if they allow it to be
Terry Maiolo - Limited financial resources, technical capacity, and time – these are often cited reasons holding small and medium-sized enterprises (SMEs) back from kickstarting their sustainability journey. Last year, a survey of 560 SMEs by the Singapore Business Federation (SBF) and the Sustainability Allianc ...
16 hours ago
OpenAI tops $25 billion in annualized revenue, The Information reports
March 4 : Artificial intelligence startup OpenAI topped $25 billion in annualized revenue as of the end of last month, The Information reported on Wednesday, citing a person familiar with the figure.This is a 17 per cent increase from the $21.4 billion in annualized revenue that the company generate ...
16 hours ago
OpenAI tops $25 billion in annualized revenue last month, The Information reports
March 4 : OpenAI topped $25 billion in annualized revenue as of the end of last month, The Information reported on Wednesday, citing a person familiar with the figure.Reuters could not immediately verify the report.
16 hours ago
Unclear if US tariffs on Singapore will rise from 10% to 15%: Gan Siow Huang
Elysia Tan - America has yet to issue an official directive on the increase, she says
16 hours ago
Alibaba forms task force to boost AI development after Qwen chief's exit
BEIJING, March 5 : Alibaba Group Holding Ltd said on Thursday it would set up a new task force to accelerate foundation model development, following the resignation of its Qwen AI division head Lin Junyang.The task force will be coordinated by Alibaba Group CEO Eddie Wu, Group Chief Technology Offic ...
16 hours ago
Alibaba CEO confirms departure of Qwen AI division head
BEIJING, March 5 : Alibaba CEO Eddie Wu confirmed on Thursday the departure of artificial intelligence division Qwen's head, and vowed in a staff letter to channel more resources to the company's AI development.
16 hours ago
Budget 2026: MOH to extend MediShield Life to selected preventive surgeries, revamp MediSave scheme
Low Youjin - An AI tool to help doctors flag Healthier SG enrollees at high risk of chronic disease will also be rolled out
16 hours ago
China touts high-tech push as rivalry with US intensifies
It set its economic growth target for 2026 at 4.5 to 5 per cent
16 hours ago
UOBKH’s ‘Alpha Picks’ outperform STI in February; Keppel, Singtel added for March
Shikhar Gupta - Lendlease Global Reit, DFI Retail, ChinaSunsine and Reclaims Global are removed from the portfolio
17 hours ago
New gold ETF by Lion Global Investors to make stock market debut on Mar 26
Lin Daoyi - Investors may invest in a new home-grown physical gold ETF on the Singapore stock exchange later this month. Previously announced in November 2025, the LionGlobal Singapore Physical Gold exchange traded fund (ETF) will list on the Singapore Exchange (SGX) on Mar 26. The ETF listing follows the Decem ...
17 hours ago
South Korea’s Kospi leaps 12%, rebounds from worst-ever crash
[SEOUL] South Korea’s benchmark Kospi index surged as much as 12 per cent on Thursday, swiftly erasing almost all of its worst-ever...
17 hours ago
Softness and fluidity: How Ipli Architects’ Yip Yuen Hong drew inspiration for GuocoLand’s River Modern
Jovi Ho - The architect behind the popular 450-unit Martin Modern in District 9 returns after nearly a decade to again shape another of GuocoLand’s residential developments. The 455-unit River Modern, which is now previewing ahead of its March 7 launch, continues the work of local firm Ipli Architects in th ...
17 hours ago
Shippers and oil traders seek details on Trump’s convoy plan
Multiple attacks on vessels in recent days have choked off traffic through the narrow waterway
17 hours ago
Portfolio of seven freehold living-sector assets launched for sale by Coliwoo at $218.5 mil
Gerine Tang Yi Qian - A portfolio of seven freehold hospitality and living-sector assets across River Valley, Balestier and Rangoon Road has been launched for sale with a combined guide price of $218.5 million by Coliwoo Holdings. Marketed exclusively by Cushman & Wakefield, the portfolio — branded “The Living Co ...
17 hours ago
Aspial Lifestyle shares close flat after rising 6% in intraday trade on proposed move to SGX mainboard
Chloe Lim - The transfer can enhance the company’s ability to access both equity and debt capital markets
17 hours ago
Shares of Aspial Lifestyle up 6% on proposed transfer to SGX mainboard
Chloe Lim - This move can enhance the company’s ability to access both equity and debt capital markets
18 hours ago
Oil rises on supply concerns as Iran conflict widens
LONDON, March 5 : Oil prices rose on Thursday, extending a rally as the escalating U.S.-Israeli war with Iran continued to disrupt supplies, prompting some major producers to cut production and others to take measures to ensure supply security.Brent crude was up $2.35, or 2.9 per cent, at $83.75 per ...
18 hours ago
Oil prices rise as Iran conflict widens
TOKYO, March 5 : Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war chokes off vital Middle East oil and gas flows while production facilities limit output.Brent crude was trading up $1.67, or 2.05 per cent, at $83.07 per barrel ...
18 hours ago
Gold gains on safe-haven demand, softer dollar
Bullion has risen about 20% so far this year
18 hours ago
Budget 2026: Singapore faces stiff competition for talent, despite draws of new AI and tech-focused One Pass
Low Youjin - Its track offers greater career certainty while Singapore’s stability strengthens its appeal to global talent
18 hours ago
Nvidia CEO Huang rules out US$100 billion OpenAI investment
The chipmaking giant has contributed US$30 billion to a massive US$100 billion funding round for OpenAI last month
18 hours ago
Singtel deploys conversational AI agents with Sierra, partners Zscaler on IoT security
Nurdianah Md Nur - Singapore Telecommunications (Singtel) is deploying conversational artificial intelligence (AI) agents across its customer service operations after a pilot programme showed the technology could resolve a majority of common customer requests without human intervention. The telco has partnered with Si ...
18 hours ago
South Korea's Kospi stages dramatic recovery from worst-ever crash
South Korean shares soared as much as 12 per cent at the open to swiftly erase almost all of their worst-ever daily slump a day earlier.
19 hours ago
Australia to join G7 critical minerals alliance, Canada’s Carney says
Carney is on a multi-leg trip across Asia-Pacific
19 hours ago
Kraken’s banking arm becomes first crypto firm to secure payments account with Fed
Digital-asset companies have also benefited under US President Donald Trump, who has promised to make America the “crypto capital of the world”