14 hours ago
Temasek-backed fizzy drinks maker Chi Forest considers Hong Kong IPO: sources
The drinks manufacturer has held early talks with potential advisers about the share sale
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
15 hours ago
Ubisoft shares tumble after 'Assassin's Creed' creator unveils restructuring, cancels games
Jan 22 : Shares in Ubisoft plunged on Thursday after the French video game publisher announced a sweeping reorganisation and said it would cancel six games.Shares of the "Assassin's Creed" video game series creator dropped 33 per cent in a delayed start to trading, leading losses on t ...
15 hours ago
Hong Kong’s Sogo Mall operator seeks HK$8 billion loan refinancing
Lenders have paused earnings checks for Lifestyle International as it seeks to refinance
15 hours ago
Private credit valuations under pressure; back to fundamentals for buyout firms in 2026: MSCI
Benjamin Cher - Higher base rates are challenging borrowers’ ability to fulfil interest burdens
16 hours ago
Malaysia's central bank holds key rate at 2.75%
[KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate unchanged at its first policy review of the year on Thursday (Jan...
16 hours ago
Nvidia CEO says AI will create jobs for electricians and plumbers that pay six figures
This is due to demand for data centers that run and train AI
16 hours ago
Singapore users are flocking to Elon Musk’s Grok despite deepfake controversy
[SINGAPORE] A wave of controversy over sexually explicit artificial intelligence (AI) deepfakes has not made billionaire Elon Musk’s social media platform X...
16 hours ago
China, Indonesia, Malaysia top Changi Airport markets in 2025; total passenger traffic hits record
[SINGAPORE] China, Indonesia and Malaysia were Changi Airport’s top passenger markets in 2025, the airport operator said on Thursday (Jan 22), amid a...
16 hours ago
JTC CEO says construction experiencing ‘boom’ at forum exploring AI and sustainability
Lin Daoyi - JTC Corporation CEO Jacqueline Poh says Singapore’s construction sector (worth around $46 billion this year) is experiencing a “boom” that will continue for the next five years despite the overall “rocky” business environment. Poh was speaking at the Sustainable Tech Forum held on Jan 22, ...
16 hours ago
Hyundai Motor's Korean union warns of humanoid robot plan, sees threat to jobs
SEOUL, Jan 22 : Hyundai Motor's labour union in South Korea warned the automaker on Thursday against deploying humanoid robots without union approval, saying the robots would bring "employment shocks." Hyundai's plan to deploy humanoid robots starting in 2028 has sent its shares ...
16 hours ago
CGSI initiates coverage on Centurion Accomodation Reit with ‘add’, S$1.38 target price
Deon Loke - RHB upgrades Centurion Corporation’s target price to S$1.88 from S$1.86
17 hours ago
Rise in Singapore industrial rents tapers to 2.4% for 2025 after almost flat Q4: JTC
Jessie Lim - Industrial prices rise 5% year on year and 1.4% from previous quarter
17 hours ago
With greater supply of industrial space, overall occupancy falls 0.4% ppt in 4Q2025
Jovi Ho - In 4Q2025, the occupancy rate for all industrial space in Singapore declined by 0.4 percentage points (ppts) q-o-q, settling at 88.7%, according to JTC’s latest quarterly market report, released Jan 22. This decline was primarily driven by strong completions, leading to an increase in total indust ...
17 hours ago
AirAsia X targets up to US$600 million debt restructuring after combining airlines
[KUALA LUMPUR] Malaysia’s AirAsia X targets US$500 million to US$600 million in debt restructuring after the budget airline this week bought the...
17 hours ago
Telenor sells its stake in Thailand's True Corporation for $3.9 billion
OSLO, Jan 22 : Norway's Telenor said on Thursday it had agreed to sell its stake in Thailand's True Corporation for a total value of about 39 billion Norwegian crowns ($3.92 billion).Telenor Group said it signed an agreement with Arise Digital Technology Company, owned by Khun Suphachai Ch ...
17 hours ago
SIA, Wilmar the only Singapore companies to make Fortune’s most admired firms list
Chloe Lim - The national carrier is the only company based here to feature within the top 50 of the list
18 hours ago
AirAsia X targets up to $600 million debt restructuring after combining airlines
KUALA LUMPUR, Jan 22 : Malaysia's AirAsia X targets $500 million to $600 million in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A, Deputy Group CEO Farouk Kamal said.AirAsia X, the medium-haul affiliate of Capital A's AirAsia, pl ...
18 hours ago
Info-Tech Systems has 'strong re-rating potential' following post-IPO drop, says CGSI
The Edge Singapore - CGS International analysts Meghana Kande and Tan Jie Hui have kept their bullish view Info-Tech Systems in the form of an "add" call along with a $1.10 target price. "We think the stock has strong re-rating potential following its 13% share price drop since its IPO in Jul 2025, as the ...
18 hours ago
Data centre player Equinix funds study on nuclear energy tech for Singapore, including floating plants
Sharanya Pillai - It will also assess the feasibility of small modular reactors; aims to provide “data-driven” insights
19 hours ago
Malaysia’s Sunway pushes ahead with RM11 billion IJM takeover despite RM2.5 billion money laundering probe
Tan Ai Leng - IJM shares climb after Sunway affirmed its takeover, easing investor jitters over anti-graft probe
19 hours ago
S’pore construction output forecast to grow 7% y-o-y to $43 bil to $46 bil this year
Jovi Ho - Singapore’s total construction output is projected to increase to between $43 billion and $46 billion this year in nominal terms. The average projected output of $44.5 billion will be around 7% higher than 2025’s preliminary estimate of about $41.7 billion. This forecast is based on the contract ...
19 hours ago
Gold falls as easing geopolitical tensions dampen safe-haven demand
GOLD and other precious metals fell on Thursday as geopolitical tensions and safe-haven demand eased after US President Donald Trump backed down...
19 hours ago
Backing start-ups that build with people, not without them
Jecky Pelaez - Southeast Asia’s digital growth story is unique because, unlike the US, it has always been about building in a highly fragmented market. Startups here did not have the benefit of starting in a large, fairly homogenous environment. Most started in their own respective countries, then built and adap ...
19 hours ago
CGS International initiates coverage of Centurion Accommodation REIT citing ‘hidden value & primed for growth’
Teo Zheng Long - Li Jialin of CGS International has initiated coverage of Centurion Accommodation REIT (SGX: 8C8U ) with an “add” call and $1.38 target price. In her Jan 21 report, Li points out that the REIT’s portfolio stands at $2.1 billion as of January, following the acquisition of Epiisod Macquarie Park ...
20 hours ago
Changi Airport records all-time high of nearly 70 million passenger movements in 2025
China remained Changi Airport's largest traffic market and posted the strongest growth last year.
21 hours ago
Asian markets rebound after Trump walks back tariff threats; South Korea's Kospi tops 5,000 for first time
Asian markets rebounded on Thursday (Jan 22), tracking gains on Wall Street after US President Donald Trump
21 hours ago
Crypto firm BitGo raises $212.8 million in US IPO
Jan 21 : Crypto custody startup BitGo Holdings priced its U.S. initial public offering above its indicated range on Wednesday, raising $212.8 million and paving the way for the first stock market debut by a digital asset company in 2026.The Palo Alto, California-based company sold 11.8 million share ...
21 hours ago
BitGo Holdings prices US IPO at $18, Bloomberg News reports
Jan 21 : BitGo Holdings has priced its initial public offering at $18 per share, above the marketed range, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reuters could not immediately verify the report. BitGo declined to comment.At the price, BitGo and its backers would ...
21 hours ago
Australian dollar scales 15-month high on strong jobs data
[SYDNEY] The Australian dollar hit 15-month highs on Thursday as an apparent easing in US-European tensions soothed risk sentiment, while a strong...
21 hours ago
US dollar buoyed by Trump's Greenland about-face; Aussie jumps after jobs data
TOKYO, Jan 22 : The U.S. dollar held on to overnight gains against major peers on Thursday after President Donald Trump withdrew a threat to impose tariffs on a number of European NATO nations, trumpeting the framework of a deal with NATO over control of Greenland.That put the safe-harbour Swiss fra ...
21 hours ago
Dollar edges lower as Greenland concerns ease, data back in focus
Jan 22 : The U.S. dollar fell slightly on Thursday ahead of key economic data, as the so‑called ‘Sell America’ trade faded after President Donald Trump dropped tariff threats and ruled out seizing Greenland by force.The greenback recovered versus the euro on Wednesday on Trump’s remarks, aft ...
21 hours ago
Dollar edges lower as Greenland concerns ease; Aussie jumps after jobs data
Jan 22 : The U.S. dollar was lower on Thursday as the "sell America" trade faded after President Donald Trump dropped tariff threats and ruled out seizing Greenland by force, and was little changed by U.S. inflation data that was in line with market expectations.New Personal Consumption Ex ...
21 hours ago
OCBC launches new securities financing unit
Kwan Wei Kevin Tan - Oversea-Chinese Banking Corporation (OCBC) (SGX: O39 ) is establishing a dedicated securities financing unit for its institutional customers. OCBC says the new unit will help its institutional customers earn fee income by loaning out their idle securities. The bank’s customers, as well as clients ...
21 hours ago
Singapore construction demand to stay firm at S$47 billion to S$53 billion in 2026: Chee Hong Tat
Ry-Anne Lim - Demand is projected to stay elevated from 2027 to 2030 at S$39 billion to S$49 billion per year