15 hours ago
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
15 hours ago
VinFast to invest US$500 million in India to expand manufacturing
The company plans to increase production to 150,000 annually within a year and double it in the next three years
15 hours ago
SC Capital Partners breaks ground on 100MW Osaka data centre site
Jovi Ho - Singapore-based institutional real estate investment management firm SC Capital Partners Group (SCCP) has started construction on a new 100-megawatt (MW) data centre in Osaka, Japan. SCCP says the first phase will have a total investment of approximately US$600 million and had secured the necessary ...
16 hours ago
Who stands to gain from SingLand’s Marina Square redevelopment?
Jovi Ho - Thinly-traded Singapore Land Group (SingLand) is taking a big swing with Marina Square complex, announcing on Dec 2 its plans to create “Singapore’s first hyper-mixed development” by adding a residential tower, a serviced apartment block and a mixed-use tower. SingLand, which is 50.37%-owned b ...
16 hours ago
Analysts more confident on DFI’s Retail prospects following recent inaugural investor day
Teo Zheng Long - Numerous analysts are keeping their respective “buy” calls on DFI Retail and raising their target prices to between US$4.25 to US$4.50, following the recent inaugural investor day. In his Dec 4 report, Chee Zheng Feng from DBS Group Research says that DFI Retail’s management has laid out clear ...
16 hours ago
Rare SGX unicorn IPO UltraGreen.ai eyes eventual Nasdaq listing too
Teo Zheng Long - UltraGreen.ai has been listed on the Singapore Exchange (SGX) as one of the larger healthcare-related names, injecting some variety into the local bourse, which has been dominated by companies in financial services, property and REITs. In his own words, Ravinder Sajwan, CEO and executive director of ...
16 hours ago
SGX’s ‘Next 50’ index stocks are not overvalued and still worth a look
Kwan Wei Kevin Tan - Singapore stocks have been rallying amid the Monetary Authority of Singapore (MAS)’s planned initiatives to stimulate the market, but investors looking to take profit on their holdings may not want to cash out just yet. Matthias Chan, head of equities research at SAC Capital, says the next 50 stoc ...
16 hours ago
Manulife US REIT warns of ‘risk of liquidation’ should EGM resolutions fail
Jovi Ho - Come Dec 16, unitholders of Manulife US REIT (MUST) will vote on whether to allow the REIT manager to sell up to three of its US office assets and invest in industrial, living and retail assets not just in the US, but also up north in Canada. Announced on Dec 1, the manager hopes unitholders will ap ...
16 hours ago
Johor-based developer KSL gains interest as second generation seeks to make a mark
Rosalynn Poh - KSL Holdings, one of Johor’s most established developers with over 40 years of experience in township and integrated developments, as well as building and managing shopping malls and hotels, is attracting investor interest as the second generation of owners have risen through the ranks to become p ...
16 hours ago
Singapore, Malaysia to ramp up cross-border taxi quota to 500 per country
Chloe Lim - Foreign taxis will be allowed to drop off passengers anywhere outside their home country
16 hours ago
What would an imaginary merger of DBS and Standard Chartered look like?
Goola Warden - Piyush Gupta, DBS’s former group CEO, took on his former role in 2009 when the bank’s net profit was just $2 billion and its share price was around $12. He took the bank to a profit of $10 billion in FY2023 (DBS’s share price on Gupta’s last day in March this year was $46.47.) On Dec 1, Gupt ...
16 hours ago
Dancing Queen, feel the beat of the tambourine
Chew Sutat - My last two columns, written before and after my back-to-back trips to China and Japan, were inspired by Guns N’ Roses (Coming November Rain harks to heavier fund flows, Nov 3, Issue 1213) and Bon Jovi (Slippery when wet from high liquidity, Nov 24, Issue 1216). It never occurred to me that they w ...
16 hours ago
Buybacks may drive the Straits Times Index
Nirgunan Tiruchelvam - I first moved to Singapore in July 1997 from London. The pound was equal to three Singapore dollars. The Spice Girls were still top of the pops. The move was a step up in lifestyle. There was a massive food court in Shenton Way called Lau Pa Sat. It had a vast array of choices. The cuisine ranged fr ...
16 hours ago
Japan's Nikkei skids in subdued Asia as bets of rate hike grow
SYDNEY, Dec 5 : Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates. The Nikkei 225 fell 1.5 per c ...
16 hours ago
Stocks rise, dollar wilts as investors strap in for Fed rate cut
LONDON, Dec 5 : Global shares rose on Friday, heading for a second week of gains, ahead of a key read of U.S. inflation that investors are confident will not prevent the Federal Reserve from cutting rates next week, which weighed on the dollar and boosted gold.European stock markets opened higher, p ...
16 hours ago
Japan's Nikkei skids in upbeat Asia; investors eye US inflation data
SYDNEY, Dec 5 : Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise upbeat Asian performance as investors wait for a U.S. inflation reading that could sway a deeply divided Federal Reserve. European stock markets were headed for a flat open, with both EURO STOX ...
16 hours ago
Gold steady as rising yields offset dollar weakness; PCE data eyed
16 hours ago
AvePoint banks on AI governance and dual listing to escape AI stock volatility
Nurdianah Md Nur - Security gaps are emerging as the biggest brake on enterprise adoption of artificial intelligence (AI). Three-quarters of organisations using AI suffered breaches in the past year, and data security concerns stopped 69% of firms from expanding deployments, according to research by AvePoint. Dual-lis ...
16 hours ago
‘Do our best’ in China reflects business realities
Daryl Guppy - I recently left an American colleague with a bruised ankle from where I had kicked him under the table during a business discussion. Luckily, he took the hint rather than taking offence. The details of the discussion are not necessary except to say the purpose was to confirm with his Chinese busines ...
17 hours ago
The reluctant heiress who saved her father’s agriculture empire
The “young” Liu has already been with New Hope Group, founded by her father Liu Yonghao, for 23 years
17 hours ago
Liu Chang: The reluctant heiress who saved her father’s agriculture empire
The “young” Liu has already been with New Hope Group, founded by her father Liu Yonghao, for 23 years.
17 hours ago
How to invest if you have 30 min to spare
Thiveyen Kathirrasan - This article will be part of the “How to invest if you have time constraints” series. Each subsequent issue will cover a different time constraint for investors, as some have more time to manage their investment portfolio. To clarify, 30 min is not the amount of time an investor has daily to stu ...
17 hours ago
With T-bill yields falling to lows, what assets have higher returns?
Chloe Lim - [SINGAPORE] Low yields for Treasury bills (T-bills) amid a falling interest rate environment have sent investors in search of other assets which...
17 hours ago
With T-bill yields falling to lows, which assets bring higher returns?
Chloe Lim - Such rates are far from competitive, for those hoping to retrieve returns worth their while
17 hours ago
Staying anchored in the midst of volatility
Smartkarma Research - 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 shareholder ...
17 hours ago
Macro conditions still conducive for S-REITs, with strong 3Q showing: analysts
Jovi Ho - Singapore REITs delivered “resilient performance” in 3Q2025, supported by stable operating metrics and a steady distribution profile, say Maybank Securities analysts Krishna Guha and Liu Miaomiao, who are “positive” on the sector. Notably, “trend underperformers”, such as overseas office ...
17 hours ago
Policy stimulus, a weaker US dollar and rate cuts will drive Asia markets going into 2026: Eastspring
Kwan Wei Kevin Tan - Markets in Asia will continue to grow in 2026, after defying expectations and climbing to record highs amid a year beset by trade tensions and uncertainty, says Vis Nayar, CIO of Eastspring Investments. “The thing that we mustn’t forget is in 2025 to date, Asian markets have outperformed, and th ...
17 hours ago
‘We survived to 100’: Ho Kwon Ping on Banyan Group’s homecoming with Mandai resort
Elysia Tan - It is looking at potential conversions under its Dhawa brand in Singapore and acquisitions of small management companies
17 hours ago
Time to rethink Singapore mid-cap stocks
Chong Jiun Yeh - Investors are typically drawn to the Singapore stock market for its safe harbour qualities, and it is not surprising that their portfolios would primarily, if not only, focus on large caps. Today, out of more than 600 companies on the Singapore Exchange (SGX), the 30 largest companies — as represe ...
17 hours ago
China’s 10 trillion yuan debt clean-up falls short
Unlike most major economies, public debt in China is borne largely not by the central government but by local governments
17 hours ago
Rising demand keeps outlook for water treatment operators buoyant
Teo Zheng Long - Water is one of the most essential substances on earth, supporting life in all its forms. Covering the majority of the planet’s surface, it plays a central role in shaping the environment, regulating climate and sustaining ecosystems. An article published by the World Economic Forum predicts that ...
17 hours ago
Buy Sheng Siong, not Walmart, for comparative investment advantage, says Lim & Tan’s Yon
Felicia Tan - While global investors often look to the US market for growth and capital gains, Singaporean investors shouldn’t be too quick to overlook opportunities at home. With attractive valuations and the advantage of on-the-ground knowledge, there are meaningful opportunities for those who know where to l ...
17 hours ago
LG Elec says Microsoft and LG affiliates pursuing cooperation on data centres
SEOUL, Dec 5 : South Korea's LG Electronics Inc said on Friday that Microsoft and LG affiliates are pursuing overall business cooperation regarding data centres, but no specific deal has been signed at this time. The regulatory filing was in response to a South Korean newspaper report saying th ...
17 hours ago
Broker's Digest: ISOTeam, Zixin, Bukit Sembawang, Old Chang Kee, Seatrium, Nam Cheong, Marco Polo Marine, ASL Marine
The Edge Singapore - ISOTeam Price target: RHB Bank Singapore ‘neutral’ 7.8 cents Dilution pressure; awaiting new orders Alfie Yeo of RHB Bank Singapore has held his “neutral” call and 7.8 cents target price on ISOTeam, as he awaits better valuation and earnings performance. Yeo, in his Nov 27 note, cautions tha ...