8 hours ago
Trump touts economic record in State of the Union, seeking reset ahead of midterm elections
Opinion polls show voters are unconvinced by Trump’s efforts on the cost of living
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
With midterm elections looming, an unpopular Trump seeks a State of the Union reset
Opinion polls show voters are unconvinced by Trump’s efforts on the cost of living
9 hours ago
Tan Boon Liat Building up for second collective sale at reduced $1 bil asking price
Jovi Ho - Tan Boon Liat Building is up for a second collective sale close to a year after its first push achieved over 80% consensus but ended with no bids. Frequented by furniture buyers, the freehold 15-storey industrial warehouse and showroom landmark at 315 Outram Road has been launched for a fresh public ...
9 hours ago
Gold rises as US tariff uncertainty lifts safe-haven demand
Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch Tool
9 hours ago
Gold largely flat as dollar strength keeps pressure on prices
Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch Tool
9 hours ago
SBS Transit shares end 10.8% higher to new record on S$0.4065 dividend
Deon Loke - It’s rewarding shareholders with final dividend of S$0.0866 and special dividend of S$0.3199 per share
9 hours ago
SBS Transit shares jump 10.4% to new record on S$0.4065 dividend
Deon Loke - It’s rewarding shareholders with final dividend of S$0.0866 and special dividend of S$0.3199 per share
9 hours ago
SBS Transit shares rise 10.4% to hit all-time high on special dividend proposal
Deon Loke - The group says it will pay a special dividend, in addition to a final dividend
9 hours ago
Maybank Securities maintain 12 cents target price for ISOTeam following property acquisition
The Edge Singapore - Jarick Seet of Maybank Securities has kept his "buy" call and 12 cents target price on ISOTeam, following the company's announcement that it has acquired a dormitory for $5.7 million. By doing so, ISOTeam can further reduce costs otherwise to be spent on workers' accommodation. T ...
9 hours ago
UK requires visitors from 85 countries, including Singapore, to purchase travel permit
British and Irish citizens are exempt from needing an ETA
10 hours ago
UBS now sees private credit defaults reaching 15% in worst case
Fears of such an event have been building in recent days
10 hours ago
Ho Bee Land sinks 6.4% to one-month low on lower H2 profit
Therese Soh - The property player ended the day at its intraday low of S$2.34
10 hours ago
Ho Bee Land down 6.4%, hits one-month low on lower H2 profit
Therese Soh - Shares of the property group fall to S$2.34 as at market open
10 hours ago
Ho Bee Land down 6.4% on lower H2 profit
Therese Soh - It falls to S$2.34 as at market open
10 hours ago
Genting Singapore shares end 8.2% lower on half-year net profit dip
Deon Loke - This comes after the group’s announcement of a 30% decline in its H2 profit to S$155.6 million
10 hours ago
Genting Singapore shares drop 8.2% on half-year net profit dip
Deon Loke - This comes after the group posted a 30% decline in its net profit for H2 to S$155.6 million
10 hours ago
China’s US$112 billion cargo gap shows record US tariff evasion
The widening gulf since Trump’s first trade war shows that his steeper duties have spawned an underground economy of shipping schemes to...
10 hours ago
SingPost Q3 operating profit falls 38.3% to S$3.8 million on structural headwinds
Shikhar Gupta - Drop comes amid continued declines in letter mail and cross-border volumes
10 hours ago
OCBC sees 2026 income stable to rising in cautious outlook
The bank reported a 3 per cent rise in Q4 net profit to S$1.74 billion, beating expectations.
10 hours ago
Software maker WiseTech to cut 30% of workforce in AI shift
The job cuts will be made this fiscal year and next
10 hours ago
Lendlease Reit to take full control of PLQ Mall in S$116 million deal
Deon Loke - The real estate investment trust has launched a S$196.6 million preferential offering to fund the purchase
10 hours ago
Japan’s Nikkei share average sets record high as AI disruption fear eased
[TOKYO] Japan’s Nikkei share price average set a record high on Wednesday as investor apprehension over artificial intelligence disruption eased while the...
10 hours ago
Aspial Corp H2 profit rises 34% on subsidiary’s strong performance but no dividend declared
Shikhar Gupta - Majority-owned Aspial Lifestyle’s full-year profit more than doubles; paying H2 dividend of S$0.008 per share
10 hours ago
Aspial Corp H2 profit rises 34% on strong Aspial Lifestyle performance
Shikhar Gupta - This is driven by its majority-owned subsidiary, which saw full-year profit more than double
11 hours ago
South Korea’s Kospi stock index tops 6,000 for first time
The index has risen 43 per cent so far this year
11 hours ago
Stocks to watch: OCBC, Sembcorp, Genting Singapore, Ho Bee Land, SBS Transit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 25):
11 hours ago
Sembcorp reports $984 mil FY2025 net profit attributable to shareholders; proposes final dividend of 16 cents
Lin Daoyi - For FY2025 ended Dec 31, Sembcorp Industries has reported $984 million in net profit attributable to shareholders, a y-o-y dip of 4%, as the gain from the divestment of SembEnviro was offset by the foreign exchange loss on the deferred payment note. On a diluted basis, earnings per share was 54.71 c ...
11 hours ago
Aspial Lifestyle FY2025 net profit after tax jumped 142% y-o-y to $84.4 mil
Teo Zheng Long - Aspial Lifestyle (SGX: 5UF ) has reported a net profit after tax of $84.4 million for FY2025, ended Dec 31, which represent an increase of 142% y-o-y. The bottom line improvement was attributed on retail margin expansion, improved operating expense effectiveness and lower interest costs. Revenue saw ...
11 hours ago
Clint closes private placement of 124.2 million new units at S$1.208 per unit
Shikhar Gupta - It will use the S$150 million raised to partially fund two buildings in Bengaluru, India
11 hours ago
Sembcorp H2 profit falls 5% to S$448 million
Deon Loke - Earnings per share for the half-year stands at S$0.25, down from S$0.2652 in 2024
11 hours ago
Sembcorp H2 profit dips 5% to S$448 million
Deon Loke - Lower earnings from gas and related services contribute to decline
11 hours ago
Stoneweg Europe Stapled Trust H2 DPS dips 3.1% to 0.06837 euro
Shikhar Gupta - Net property income rises 2.7% to 67.4 million euros
11 hours ago
Japan's services inflation steady, signals wage-driven price pressure
TOKYO, Feb 25 : A leading indicator of Japan's services sector prices rose 2.6 per cent in January from a year earlier, data showed on Wednesday, a sign rising wages from a tight labour market continued to pile inflationary pressure on the economy.The increase in the services producer price ind ...
11 hours ago
US sets initial duties on Indian solar imports at 126%
While the levies are set to benefit domestic manufacturers, they also will pinch American renewable developers