16 hours ago
COE: Commercial vehicle premium hits all-time high of $94,000, surpassing previous record at last tender
There is only a S$980 difference between the premiums for Categories A and B
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
17 hours ago
Singapore’s finance professionals prefer roles with environmental remit compared to other developed markets: ACCA survey
Lin Daoyi - A survey has revealed that 63% of accounting and finance professionals in Singapore would like to work in roles with environmental remits, a higher proportion compared to most other developed market economies. Conducted by the Association of Chartered Certified Accountants (ACCA), Global Talent Tren ...
17 hours ago
Can AI make retail investors make wiser decisions?
Nurdianah Md Nur - Volatility has always been part of investing. What has changed is how quickly retail investors are now expected to make sense of it. A tariff announcement, an earnings miss or a central bank signal can trigger a rush of commentary, analysis and conflicting views within minutes. The challenge is no l ...
17 hours ago
Gone in 16 minutes: What reasoning AI means for enterprises
Sanjay Yadave - For most of the past two decades, cybersecurity tools have worked much like a building inspector. They walk through a checklist, room by room, looking for known defects. An unpatched window here, an outdated alarm panel there. They are fast, methodical and fundamentally backwards-looking, telling yo ...
17 hours ago
Despite backtracking on climate commitments, HSBC says it is ‘more ambitious’ on its net-zero strategy
Janice Lim - It is focusing on commercialisation in the next phase of its sustainable financing road map
17 hours ago
BOJ expected to raise interest rates in June: sources
Markets are pricing in an 80% chance that the bank will raise its short-term policy rate to 1% from 0.75%
17 hours ago
Foxconn and Intel team up to build next-gen AI systems
The companies will explore work on custom chips and system integration solutions
17 hours ago
Malaysian palm oil exports to face pressure from Indonesia’s commodity export overhaul
Indonesian palm oil is currently more attractively priced than Malaysian supplies
17 hours ago
Asia Pacific’s AI test moves from models to execution
Nurdianah Md Nur - Much of the global AI debate has centred on who can build the most powerful models. In Asia Pacific, the more immediate test is whether companies can make AI work inside the business. Singapore shows both the scale of the opportunity and what it takes to capture it. Businesses in the city-state repo ...
18 hours ago
How the ultra-rich buy property
Corinne Kerk - Brokers share insights and bust a couple of myths about the hallmarks of super prime residential transactions
18 hours ago
Bank of Japan expected to raise rates this month, sources say
TOKYO, June 4 : The Bank of Japan is expected to raise interest rates this month unless a sharp escalation in the Middle East conflict upends markets, three sources said, as rising fuel costs from the energy shock add to mounting price pressure in the economy.With hostilities flaring anew in the Ira ...
18 hours ago
BOJ expected to raise interest rates in June, sources say
TOKYO, June 4 : The Bank of Japan is expected to raise interest rates this month unless a sharp escalation in the Middle East conflict upends markets, three sources said, as rising fuel costs from the energy shock add to mounting inflationary pressure in the economy.With hostilities flaring anew in ...
18 hours ago
Thakral’s 1QFY2026 adjusted attributable profit more than doubles y-o-y to $3.3 mil
Jovi Ho - Mainboard-listed Thakral Corporation’s adjusted attributable profit for 1QFY2026 ended March 31 more than doubled y-o-y to $3.3 million, excluding the net fair valuation loss on quoted investments and share of associate’s profit of Australia-listed GemLife Communities Group in 1QFY2025. The grou ...
19 hours ago
Hot weather hurts Asian crops as powerful El Nino raises concerns about food supplies
Double blow for farmers already grappling with fertiliser and diesel shortages caused by Iran war
19 hours ago
Asia steps up currency defence as South Korea, Indonesia vow action
Authorities are also guarding against speculative activity in offshore markets
20 hours ago
Jardines has survived wars and market collapses. Can it survive the digital age?
Jude Chan - For investors, a flood of rumours over the sale of assets – including properties, fast-food chains and car dealerships – can be...
20 hours ago
Indonesia passes sweeping bill expanding central bank role to spur growth
Promoting sustainable economic growth is already part of Bank Indonesia’s mandate, along with price and foreign exchange rate stability
21 hours ago
TSMC CEO warns chip supply won’t meet AI-fuelled demand for years
The company has been expanding its footprint beyond its home island to add capacity
21 hours ago
Indonesia passes bill expanding central bank role to spur growth
JAKARTA, June 4 : Indonesia's parliament on Thursday passed sweeping legislation that doubles down on Bank Indonesia's role to support growth, while empowering lawmakers to make binding recommendations for independent financial regulators and the central bank. The bill has added to investo ...
21 hours ago
Samudera disposing two vessels for US$22.95 million
Lin Daoyi - In a bourse filing on June 3, Mainboard-listed Samudera Shipping Line announced that it has signed agreements to dispose of two vessels — MT Sinar Malahayati and MT Sinar Mendawai — for a cash consideration of US$22.95 ($29.5) million. The transaction was undertaken on a willing-buyer willing-se ...
21 hours ago
Meta repeatedly pushes back new AI model release for developers, WSJ says
June 3 : Meta has repeatedly pushed back plans to release its new Muse Spark AI model API to developers, and as of Tuesday, had no scheduled launch date, the Wall Street Journal reported, citing people familiar with the matter. A Meta spokesperson told Reuters on Wednesday that the company is alread ...
21 hours ago
RHB initiates coverage on Tai Sin Electric with ‘buy’ call and 75 cents target price
Teo Zheng Long - RHB’s Syahril Hanafiah has initiated coverage on electric infrastructure solutions provider Tai Sin Electric (SGX: 500 ) with a “buy” call and target price of 75 cents. “Tai Sin Electric (TSE) is poised to benefit from strong domestic construction demand and rising data centre investments. W ...
21 hours ago
Anthropic looks to set up shop in Singapore, fill roles from finance to product support
The startup has GIC as one of its major financial backers
21 hours ago
How to modernise core banking without breaking your system
Cassandra Goh - The strategic case for modernising core banking infrastructure is no longer contested. Most chief technology officers (CTOs) in the region have that conversation settled internally. What remains genuinely difficult is how, and specifically, how to introduce cloud-native architecture and AI capabilit ...
21 hours ago
Indonesian rupiah falls to record low against US dollar
The unit broke the psychological 18,000 barrier against the greenback.
21 hours ago
Singapore has enough LNG supplies for the rest of the year, energy regulator says
HOUSTON: Singapore has secured enough liquefied natural gas cargoes to make up for lost supplies from Qatar for the rest of 2026, ensuring it has 100 per cent of the gas it needs, Singapore Energy Market Authority Chief Executive Puah Kok Keong said on Wednesday (Jun 3) in Houston.Replacement cargoe ...
21 hours ago
Asian stocks slide on flare-up in Middle East fighting, oil eases off highs
"Financial markets shifted back into a risk-off mode as the US and Iran exchanged fire again," analysts from Westpac wrote in a research report.
22 hours ago
Malaysian tycoon Vincent Tan cuts Berjaya stake in asset sales
Separate filings also show the founder is no longer a substantial shareholder in six listed companies
22 hours ago
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Therese Soh - Board says it’s in ‘best interest of company’ for them to remain in their positions
22 hours ago
Singapore Kitchen CEO, senior manager, charged for alleged offences linked to CAD probe
Therese Soh - They will remain in their respective positions for now, says the company
22 hours ago
Decade-high dividend for Income shareholders: Key takeaways from insurer’s 2026 AGM
Shareholders will receive their letters after the AGM
23 hours ago
Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook
Borrowing costs in the city state tend to closely track global interest rates, especially those of the US
23 hours ago
Singapore stocks slide as Iran ceasefire wavers, Fed rate hike fears grow
Shikhar Gupta - STI down 1%; DBS leads decline, dropping 1.3% to wipe out S$2.3 billion in market value
23 hours ago
Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder
Therese Soh - CEO Sean Lee says company is riding growth momentum and hiving off shipyard business to Fuji Offset in RTO to fund expansion