12 hours ago
Mandarin Oriental to delist from SGX on Jan 20 following successful privatisation
Deon Loke - The company was valued at around US$4.2 billion at the time of the offer
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
12 hours ago
Mandarin Oriental to delist from SGX on Jan 20 following privatisation
Deon Loke - The company was valued at around US$4.2 billion at the time of the offer
12 hours ago
Mitsubishi to take over Texas and Louisiana shale gas assets for $7.53 billion
TOKYO, Jan 16 : Japanese trading house Mitsubishi Corp said on Friday it would take over the U.S. shale production and pipelines assets of Aethon Energy Management for $7.53 billion including debt.The deal - the biggest acquisition to date by Mitsubishi - would give the company a substantial natural ...
12 hours ago
Mitsubishi to buy Texas, Louisiana shale gas assets for $7.53 billion
TOKYO, Jan 16 : Japanese trading house Mitsubishi Corp said on Friday it would take over the U.S. shale production and infrastructure assets of Aethon Energy Management for $7.53 billion to strengthen its gas value chain.The deal - the biggest acquisition to date by Mitsubishi - would give the compa ...
12 hours ago
Attika finds new growth with data centre fit-out; builds property income stream
Teo Zheng Long - Attika Group began in 2014 by fitting out office spaces, but is now expanding into mechanical, electrical and plumbing work, starting with cleanroom facilities. In addition to public-sector clients such as the Maritime and Port Authority of Singapore (MPA), Ministry of Manpower and the National Libr ...
12 hours ago
Mitsubishi to buy Texas, Louisiana shale gas assets for US$7.53 billion
TOKYO: Japanese trading house Mitsubishi Corp said on Friday (Jan 16) it would take over the US shale production and infrastructure assets of Aethon Energy Management for US$7.53 billion to strengthen its gas value chain.The deal - the biggest acquisition to date by Mitsubishi - would give the compa ...
12 hours ago
Some in Bank of Japan see scope to raise rates sooner than markets expect, sources say
[TOKYO] Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility, as...
12 hours ago
Higher occupancy cap for HDB, private home rentals extended until end-2028 to meet strong demand
Therese Soh - HDB and private residences may be rented out to eight unrelated tenants for two more years
12 hours ago
Ford in talks to use BYD batteries for overseas factories
Hybrid sales have grown worldwide as the market for pure EVs has slowed
12 hours ago
CPG Corp preserves Singapore’s heritage and shapes its future
Douglas Toh - For nearly two centuries, CPG Corporation has been a key pillar in shaping Singapore’s modern landscape, having transformed from its roots in the Public Works Department to one of Asia’s most respected infrastructure and urban solutions firms. Today, under the leadership of group CEO Tan Shao Ye ...
12 hours ago
Japanese broadcaster TBS to invest $150 million in 'Dune' producer Legendary
Jan 16 : Tokyo-based broadcaster TBS Holdings on Friday said it agreed to invest $150 million in Legendary, a U.S. film production company. TBS said it entered into a partnership with the producer of "Dune" and "A Minecraft Movie" to enhance the value of its content globally thro ...
12 hours ago
America’s new Age of Empire
Joseph E. Stiglitz - US President Donald Trump has drawn a wave of criticism for his actions in Venezuela, violations of international law, disdain for longstanding norms, and threats against other countries — not least allies like Denmark and Canada. Around the world, there is a palpable sense of uncertainty and fore ...
13 hours ago
Changi Airport doubles supplemental China flights to 600 ahead of CNY travel surge
Shikhar Gupta - The supplementary flights will serve 15 cities across China from Feb 1 to Mar 8
13 hours ago
Venezuela and the future of the West
Jim O’Neill - In a recent commentary, Gemma Cheng’er Deng and I argued that the West needs to open its eyes to how the world is evolving, especially in light of the US’s new National Security Strategy, which appeared to call for the world to be divided into three blocs (around the US, China, and Russia). Now, ...
13 hours ago
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers
13 hours ago
The year starts with a bang, now what?
Manu Bhaskaran - It is only two weeks into the new year, and we have already been reminded how turbulent the world is. After attacking Venezuela and arresting its president, US President Donald Trump proclaimed that the US now runs the country and that its oil resources would be available for American companies to e ...
13 hours ago
US firms regain optimism on China after Trump-Xi trade truce
The two leaders are slated to meet four times in 2026
13 hours ago
Will 2026 be the year of blockbuster IPOs?
Assif Shameen - For the past several years, in one of the WhatsApp messaging groups that I belong to, we have been encouraging each other to make a bunch of predictions. Among my favourites is the prediction for the benchmark market gauge, the S&P 500’s year-end level. I got 2021 and 2022 spectacularly wrong ...
13 hours ago
Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
[SINGAPORE] Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after...
13 hours ago
New SID platform for listcos’ board chairs to support Singapore equities market uplift
Ranamita Chakraborty - They will be able to tap a professional community and access expert insights
13 hours ago
SID launches new platform for listcos’ board chairs as ‘Value Unlock’ programme opens for applications
Ranamita Chakraborty - This aims to support national efforts to strengthen the development of Singapore’s equities market
13 hours ago
SID launches platform for listcos’ board chairs as Value Unlock programme opens for applications
Ranamita Chakraborty - This aims to support national efforts to strengthen the development of Singapore’s equities market
13 hours ago
StarHub focuses on quality and bundling as Singapore telco price war intensifies
Nurdianah Md Nur - Singapore’s telco price war is reshaping how operators make money from mobile services. Features that traditionally generated incremental revenue — such as roaming, international calls and excess data usage — are increasingly bundled into mobile plans, leaving less room for add-on monetisation ...
13 hours ago
Slowing down the China manufacturing juggernaut, one approval at a time
Daryl Guppy - Just before Christmas, we wrote about the battle to set new common standards for AI and 6G mobile networks. The focus was on product design and compatibility construction. Another standards battleground lies in the assessment and certification of existing standards. In its ceaseless war with China, ...
13 hours ago
Oil prices edge higher as supply risks remain in focus
LONDON, Jan 16 : Oil prices rose slightly on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military strike against Iran.Brent crude gained 50 cents, or 0.78 per cent, to $64.26 a barrel by 1000 GMT, on course for a fourth consecutive weekly gain. U.S. West Texas ...
13 hours ago
Oil flat as chances of US strike on Iran recedes
PERTH, Jan 16 : Oil prices were flat on Friday with both Brent and U.S. West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a U.S. strike on Iran receded. Brent was down 3 cents, or 0.05 per cent, to $63.73 per barrel, while U.S. West Texas Intermediate ...
13 hours ago
Oil prices extend losses as chance of US strike on Iran recedes
Jan 16 : Oil prices fell in Asian trade on Friday, extending losses from the previous session, as concerns about supply risks eased after the likelihood of a U.S. strike on Iran receded. Brent was down 21 cents, or 0.3 per cent, to $63.55 per barrel, while U.S. West Texas Intermediate fell 15 cents, ...
13 hours ago
Powell needs to stay at the Fed now more than ever
Jonathan Levin - These are officially the darkest days for Federal Reserve independence since at least the Nixon administration. After attacking Fed Governor Lisa Cook last year, President Donald Trump is now weaponising the Justice Department against Chair Jerome Powell in a thinly veiled effort to intimidate him i ...
13 hours ago
JPMAM to launch Singapore & Asia Equity Income Fund under EQDP
Samantha Chiew - JP Morgan Asset Management (JPMAM) has received regulatory approval to launch its JPMorgan Singapore & Asia Equity Income Fund under the Monetary Authority of Singapore (MAS) Equity Market Development Programme (EQDP). JPMAM is one of the three asset managers chosen in the first tranche and thus ...
13 hours ago
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar...
14 hours ago
Value-up actions poised to continue
Smartkarma - While international markets continue to cycle through volatility driven by rates, geopolitics, and shifting liquidity, Singapore’s value-up agenda is providing the market with a clearer anchor: governance discipline, capital efficiency, and structural transparency. The steady cadence of shareholde ...
14 hours ago
The AI story isn’t over yet. Here’s what analysts are looking at in 2026
Kwan Wei Kevin Tan - Not many people know this, but the term “artificial intelligence” or AI was created for marketing purposes, just like how Goldman Sachs came up with “Brics” to highlight the potential of emerging market players like Brazil, Russia, India and China. American computer scientist John McCarthy c ...
14 hours ago
Lion Global sees Singapore’s small- mid-cap emerging as an asset class
Teo Zheng Long - The long-term working relationship between lead manager Erica Lau and alternate manager Kenneth Ong is a key strength of the team managing the LionGlobal Singapore Trust Fund, which is described as an actively managed, all-cap, high conviction domestic equity strategy. “It adopts a fundamental app ...
14 hours ago
Singapore banks: SRT use selective, not a big-bang capital tool
Rena Kwok / Bloomberg Intelligence - Singapore banks may only use Significant Risk Transfer (SRT) selectively for capital optimisation, flexibility and portfolio steering, and aggressive use is unlikely, given low risk-weighted assets density, ample capital for modest loan growth and alternative capital tools available. Asian banks use ...