8 hours ago
Sweet succession: The heir rewriting Vietnam’s largest sugar empire
Jamille Tran - Dang Huynh Uc My is determined that sugar alone will not define AgriS’ future
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Revitalising Singapore’s equity market: What the MAS package fixes and doesn’t
Lee Ooi Keng - Singapore’s equity market staged a convincing rally last year. The Straits Times Index (STI) rose 22.7%, turnover surged 21% to nearly $1.5 billion daily, and IPO proceeds reached US$2.5 billion ($3.15 billion), a forty-fold jump from 2024’s dismal US$64 million. These numbers seemed to vindicat ...
9 hours ago
Local horses aplenty to make this a ‘no horse run’ year
Chew Sutat - Among Singapore’s army boys, “no horse run” refers to the especially fleet-footed among them. The uniquely Singapore phrase, a direct translation from Hokkien bo beh zao, which came from the horse-racing crowd, used to refer to incomparable thoroughbreds in a league of their own. The Turf Club ...
9 hours ago
Why the AI boom is creating memory chip shortages
Assif Shameen - Can you guess the best-performing stock market in the world this year? Or the planet’s top market last year? South Korea’s Seoul bourse is the far-and-away leader — up 39.4% in the eight weeks so far this year, 139% over the past 12 months and 151% since January last year. The massive rally ov ...
9 hours ago
Meta signs multi-billion-dollar deal to rent Google AI chips: report
The Facebook owner has also signed a deal with Nvidia to buy its current and future AI chips
9 hours ago
Shares of property players rise on higher earnings; UOL up 6.3%, CDL gains 4.4%
Deon Loke - UOL’s H2 net profit rises 21% while CDL’s was up over four times to S$538.5 million
9 hours ago
Local start-up Aires targets compliance-driven quantum encryption market
Nurdianah Md Nur - While it remains unclear when a large-scale quantum computer might be able to break today’s encryption, regulators are not waiting. The G7 has urged financial institutions to prepare for quantum-safe migration. In February 2024, the Monetary Authority of Singapore (MAS) issued an advisory highligh ...
9 hours ago
An economic survey from the supermarket shelf
Daryl Guppy - I love visiting and exploring Chinese supermarkets. Let me explain. Flying to a conference event in China is often not as simple as arriving, attending and departing. Due to flight schedules, there is often additional “free” time before and after the conference, as well as after the endless roun ...
9 hours ago
Oil prices edge lower after US, Iran extend talks
(Corrects to add keywords for media subscribers)By Nicole JaoFeb 26 : Oil prices fell on Friday and were on track for a weekly decline after the United States and Iran extended talks over the OPEC member's nuclear programme, easing concerns about potential hostilities that could disrupt supply.
9 hours ago
Oil heads for weekly decline as US, Iran extend talks
Feb 27 : Oil prices inched down on Friday and were on track for a weekly decline after the United States and Iran extended nuclear talks, easing concerns about potential hostilities that could disrupt supply, while OPEC+ may resume output hike at its Sunday meeting.Brent crude futures lost 5 cents t ...
9 hours ago
Oil heads for weekly decline as US and Iran extend talks
LONDON, Feb 27 : Oil prices rose on Friday but remained on track for a weekly decline after the United States and Iran extended nuclear talks, easing concern over potential hostilities that could disrupt supply, while OPEC+ could raise output at its meeting on Sunday.Brent crude futures rose 28 cent ...
9 hours ago
Oil prices rise as US and Iran extend talks into next week
LONDON, Feb 27 : Oil prices rose on Friday but were on track to finish the week relatively flat after the United States and Iran extended nuclear talks, easing concern over potential hostilities and supply disruption, while OPEC+ could raise output at its meeting on Sunday.Brent crude futures rose 8 ...
9 hours ago
Panama officials search CK Hutchison's subsidiary office, source says
Feb 26 : Panamanian authorities conducted a search of a local office belonging to a unit of Hong Kong conglomerate CK Hutchison office, a source familiar with operation told Reuters on Thursday. The person said the search was not related to the current dispute over the Panama Canal ports.Panama' ...
9 hours ago
Tariffs and the economy after the US Supreme Court ruling
Alec Phillips, Elsie Peng and David Mericle - On Feb 20, the US Supreme Court ruled against the tariffs the Trump Administration imposed under the International Emergency Economic Powers Act (IEEPA), in a 6-3 decision. This includes the “reciprocal” tariffs applied on trading partners at various rates as well as tariffs applied to Canada, C ...
10 hours ago
AEM surges for second day running; DBS raises target price to $3.30; Maybank upgrades call from 'sell' to 'buy'
The Edge Singapore - AEM Holdings is surging for a second day with bullish upgrades from analysts following signs that it is winning meaningful new revenue from a new customer and no longer as reliant on its long time key customer. Besides reporting better than expected FY2025 earnings, AEM is guiding for higher FY2026 ...
10 hours ago
The power of pieces: From fractional horses to digital tokens
Christopher Forbes - Imagine owning something incredibly valuable: a racehorse, a mansion, or a bar of solid gold. For most of history, if you wanted to own one of these things, you had to buy the whole thing yourself. If you couldn’t afford it or didn’t want the risk, you were simply out of luck. This all-or-nothin ...
10 hours ago
Yangzijiang Shipbuilding rises 10.7% on improved earnings; hits record in intraday trade
Therese Soh - CGSI lifts its target price to S$4.95, a 14.1 per cent premium above its Friday closing price
10 hours ago
Yangzijiang Shipbuilding rises nearly 10% on higher H2 profit
Therese Soh - Its H2 earnings rose 24.6% year on year to 4.5 billion yuan (S$827.4 million)
10 hours ago
Dell expects AI server revenue to double in fiscal 2027 on data centre boom
Big tech firms are expected to spend at least US$630 billion to build AI infrastructure this year
10 hours ago
Seatrium delivers wind turbine installation vessel to Maersk Offshore Wind for Empire Wind project
Therese Soh - The vessel will advance the wind farm’s mission to deliver clean and reliable energy to 500,000 homes
10 hours ago
Seatrium delivers vessel to Maersk for Empire Wind project targeted by Trump’s stop work order
Therese Soh - The vessel will advance the wind farm’s mission to deliver clean and reliable energy to 500,000 homes
10 hours ago
‘Might and mighty’ CICT sees more upgrades after FY2025 beat
The Edge Singapore - CapitaLand Integrated Commercial Trust (CICT) announced a positive beat for its distribution per unit (DPU) for FY2025 ended Dec 31, 2025, inspiring the market to lift its unit price from $2.38 before the results were announced to as high as $2.52 in the following days. The better showing was due to ...
10 hours ago
Raffles Medical Group remains in the pink of health
Samantha Chiew - Raffles Medical Group (RMG) reported earnings of $70.6 million for its FY2025 ended Dec 31, 2025, an increase of 13.4% y-o-y, due to the combination of better performance from the hospital services and insurance businesses, as well as fair value gains on investment properties. Revenue increased 1.8% ...
10 hours ago
CapitaLand Ascendas Reit enters Spain with S$185.4 million logistics portfolio acquisition
Deon Loke - This is expected to be distribution per unit accretive for unitholders
10 hours ago
Zscaler posts wider quarterly loss on higher spending; shares down 9%
Feb 26 : Zscaler on Thursday posted a wider net loss in the second quarter, citing higher spending on sales, marketing, and research and development in a competitive market, sending shares of the cloud security firm down roughly 9 per cent in extended trading.The results come when IT budgets remain ...
10 hours ago
Eyes on Jardine C&C as it joins other units for strategic review
The Edge Singapore - For the better part of the last year or so, Hongkong Land Holdings and DFI Retail Group have been the two key members of the Jardine group of companies to be in the news. The former embarked on a clear asset monetisation strategy, and the latter was almost ruthlessly disposing of stakes in various a ...
10 hours ago
Singapore’s Parf rebate cut likely to drive up EV sales, but financial and infrastructure hurdles linger
Shikhar Gupta - The move may speed up EV adoption, but EV buyers face an illiquid resale market and HDB charging bottlenecks
10 hours ago
Brokers' Digest: Marco Polo, iFAST, UHREIT, Addvalue, SGX, BRC Asia, SIA Engineering, ISOTeam, Starhub
The Edge Singapore - Marco Polo Marine Price targets: Maybank Securities ‘buy’ 20 cents RHB Bank Singapore ‘buy’ 18 cents Optimism reiterated Maybank Securities and RHB Bank Singapore remain confident in Marco Polo Marine (SGX: 5LY ) (MPM) after it reported revenue of $32.8 million, 27% higher y-o-y, for the 1QF ...
11 hours ago
First Resources posts 44.3% rise in H2 net profit to US$204.7 million
Chloe Lim - The board proposes a final dividend of S$0.102 per share payable on May 15
11 hours ago
Nvidia expects gaming chips shortage to last until year-end
Forecasts for the console market have been bleak
11 hours ago
Stocks to watch: ST Engineering, Wilmar, UOL, CDL, Venture, Golden Agri, First Resources, Bumitama, PropNex, Centurion
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 27):
11 hours ago
Stocks to watch: ST Engg, Wilmar, UOL, CDL, Venture, Golden Agri, PropNex, Centurion, Bumitama, First Resources
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 27):
11 hours ago
Bumitama Agri H2 earnings rise 7.4% to 1.5 trillion rupiah on record-high Q4 revenue
Therese Soh - The group’s total dividend for the year will be S$0.0935 per share – an all-time high
11 hours ago
Bumitama Agri H2 earnings rise 7.4% to 1.54 trillion rupiah on record-high Q4 revenue
Therese Soh - The group’s total dividend for the year will be S$0.0935 per share – an all-time high