2 days ago
Japanese logistics firm Nippon Express expands footprint in Singapore
Benicia Tan - Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Ubisoft flags strong Q2 bookings in a report delayed by debt covenant breach
French video game group Ubisoft reported quarterly bookings above its guidance on Friday, after a week-long delay in publishing the results related to an accounting change that led to a breach in a key debt covenant.The publication, originally scheduled for November 13, was postponed at the last min ...
2 days ago
Livingstone Health to acquire 20% of Affinity Surgery Centre for $470,000
Nicole Lim - Livingstone Health Holdings is set to acquire 20% of shares in Affinity Surgery Centre for a consideration of $470,000. Affinity Surgery Centre is a company incorporated in 2013 in Singapore which provides services ranging from diagnosing and carrying out specialized treatments, and gastroscopy, col ...
2 days ago
Singapore stocks track regional declines on Friday; STI down 1%
Tan Nai Lun - On the STI, Sembcorp Industries is the biggest loser, falling 3.6% or S$0.23 to S$6.08
2 days ago
Economists raise 2025 Singapore growth forecasts on strong Q3, but stay cautious on 2026
Low Youjin - Still, most private-sector analysts upgrade estimates for next year, with some projections at the higher end of the official 1 to 3% range
2 days ago
Investors get more bullish on China stocks as the Asian giant goes big on AI: Morgan Stanley
Chloe Lim - ‘Valuation regime shift’ for Chinese offshore equities can emerge as the nation’s tech companies participate in global competition
2 days ago
Asia tech rout resumes as stocks slide on AI valuation fears
The declines follow a sharp reversal on Wall Street, where a rebound led by Nvidia fizzled
2 days ago
Why markets reversed overnight and what investors should watch next
Claressa Monteiro - AI fears, shaky US data, Japan’s record spending plan, and a brutal crypto slide. Host Emily Liu and Dina Ting from Franklin...
2 days ago
Maybank, OCBC, RHB and UOB raise S’pore’s 2025 GDP growth forecast after 3Q GDP beat flash estimates
Kwan Wei Kevin Tan - Economists from Maybank Securities, OCBC Investment Research, RHB Bank Singapore, and United Overseas Bank (UOB) upgraded their 2025 GDP growth forecast for Singapore after the city-state’s 3Q2025 GDP print came in better than expected. On Nov 21, the Ministry of Trade and Industry (MTI) announced ...
2 days ago
Yen supported as officials step up verbal intervention, dollar lower
LONDON :The yen found some support on Friday as Japanese officials stepped up their verbal intervention to stem the currency's decline, while the dollar was a touch softer but on track for its first weekly rise in three weeks.The yen popped higher after Japanese Finance Minister Satsuki Katayam ...
2 days ago
Yen gets a lift as verbal intervention picks up, dollar heads for weekly rise
LONDON :The yen found some support on Friday as Japanese officials stepped up their verbal intervention to stem the currency's decline, while the dollar was on track for its biggest weekly rise in six weeks.The yen popped higher after Japanese Finance Minister Satsuki Katayama said intervention ...
2 days ago
Dollar slips against yen but heads for broad weekly rise
NEW YORK :The dollar weakened against the yen on Friday, after Japanese officials stepped up verbal intervention to stem the currency's decline, even as the greenback broadly was headed for its biggest weekly rise in six weeks.Against other major currencies, the U.S. unit was well-bid, with the ...
2 days ago
Dollar weakens vs yen, but heads for weekly rise
NEW YORK/LONDON :The dollar fell against the yen on Friday, after Japanese officials stepped up verbal intervention to stem the currency's decline, even as the greenback headed for its biggest weekly rise in six weeks.Against other major currencies, the U.S. unit was well bid, with the dollar i ...
2 days ago
Founder of India’s top broker Groww joins billionaire financial elites
Keshre is the twelfth billionaire to emerge from India’s financial services industry in recent years
2 days ago
Balancing seamless travel with security and ethics in 2025
Robert Sutton - As global travel rebounds and international mobility gains momentum, border control authorities are increasingly turning to biometric technologies to modernise how people cross borders. Among the most transformative of these technologies is facial recognition, which is revolutionising identity verif ...
2 days ago
Quartz-powered robots are transforming Singapore’s manufacturing floor
Vivekanand Patil - In a gleaming Singapore factory, robot arms zip across an assembly line, orchestrating the sort of choreographed ballet only possible with millisecond timing. Yet, as they race to mount microchips onto circuit boards, the faintest vibration threatens to knock each part out of alignment - forcing a s ...
2 days ago
Intel CEO Tan Lip-Bu denies claims new hire stole TSMC trade secrets
The executive is alleged to have taken proprietary knowhow from his former employer just before his departure
2 days ago
Singapore GasCo to seek LNG offers in Q1 2026 for supply from 2028
[SINGAPORE] Singapore’s new state gas buyer GasCo will seek offers in the first quarter for liquefied natural gas term supply for delivery...
2 days ago
Tech stocks still set for record $75 billion inflow in 2025, says BofA
LONDON :Tech stocks remain on track for a record $75 billion inflow this year, BofA's weekly flow show note said on Friday, highlighting demand for the sector even as it comes under pressure from concerns about lofty valuations.Tech stocks have been on a surge for much of this year, and the Nas ...
2 days ago
CK Hutchison weighing Hong Kong listing for retailer Watson: sources
The health and beauty retailer could raise US$2 billion or more from it
2 days ago
Thailand turns to Pop Mart, Miniso to win back Chinese tourists
On a late October morning, a long queue snaked through Siam Square, the bustling heart of Bangkok’s shopping district. The crowd had...
2 days ago
Hongkong Land's underlying earnings down but DBS raises target price to US$7.70 on going capital recycling moves
The Edge Singapore - Hongkong Land Holdings has reported a 13% y-o-y drop in underlying earnings for its 3QFY2025 ended Sept, as it enjoyed lower contributions from its Hong Kong office portfolio and also incurred pre-opening costs for its prime investment properties in China. For the full year FY2025, the company’s u ...
2 days ago
Agility will define winners in a shifting global trade, logistics landscape: FedEx CEO
FedEx chief executive officer Raj Subramaniam discusses the company’s cost-cutting drive and AI push, as well as the logistics sector’s outlook amid a turbulent global environment, during an interview with CNA’s Roland Lim.
2 days ago
Apex court reserves judgement on sentences in Singapore’s largest securities fraud
Frankie Ho - The Court of Appeal heard final arguments today (Nov 21) on whether the jail terms imposed on market-rigging masterminds John Soh Chee Wen and Quah Su-Ling, architects of Singapore’s largest securities fraud, should be reduced. The pair lost their appeal last month to overturn their 2022 convictio ...
2 days ago
Companies supported by EDB yield annual spillovers of S$48.5 million each
Elysia Tan - The figure refers to net benefits that EDB-supported firms brought to other firms, from 2012 to 2019
2 days ago
Establishment of dividend policy sparks re-rating for China Sunsine, UOBKH raises TP to 95 cents
Teo Zheng Long - UOB KayHian analysts Heidi Mo and John Cheong are maintaining their “buy” call on China Sunsine along with a higher target price of 95 cents from 75 cents previously. For 9MFY2024, China Sunsine reported revenue 7% lower y-o-y at RMB2.4 billion and earnings 17% higher y-o-y of RMB330 million, wh ...
2 days ago
Italy closes Google probe over unfair use of personal data after remedies adopted
MILAN :Italy's competition authority said on Friday it had closed a probe it had launched last year over Google's alleged unfair commercial practices in the use of personal data after the online search giant adopted remedies.In July 2024 the authority opened an investigation as the request ...
2 days ago
Maybank Q3 profit up 3.3% at RM2.62 billion
Tan Nai Lun - Deposits rise 4.7% on year to RM739.1 billion as at Sep 30
2 days ago
Maybank Q3 profit up 3.3% at RM2.6 billion
Tan Nai Lun - Deposits rise 4.7% on year to RM739.1 billion as at Sep 30
2 days ago
Analysis:Dollar hedging frenzy fades, bringing relief to greenback
(Refiles to add ANALYSIS tag back, no changes to text)By Alun John and Naomi RovnickLONDON :Just months after a U.S. tariff shock whacked the dollar, a rush by overseas investors to protect U.S. holdings from the sliding currency has slowed sharply - a vote of confidence that's helping the gree ...
2 days ago
Dollar hedging frenzy fades, bringing relief to greenback
LONDON :Just months after a U.S. tariff shock whacked the dollar, a rush by overseas investors to protect U.S. holdings from the sliding currency has slowed sharply - a vote of confidence that's helping the greenback recover from its worst rout in years. While analysts say investor hedging is ...
2 days ago
Analysis:Much-anticipated dollar hedging rush slows, for now
LONDON :Just months after a U.S. tariff shock whacked the dollar, a rush by overseas investors to protect U.S. holdings from the sliding currency has slowed sharply - a vote of confidence that's helping the greenback recover from its worst rout in years. While analysts say investor hedging is ...
2 days ago
‘I still wash dishes’: How Calvin Chan turned Oriental Kopi into a RM2.5 billion kopitiam empire
Tan Ai Leng - Founder Calvin Chan still returns to the kitchen, showing how far staying grounded can take you
2 days ago
‘I still wash dishes’: How Calvin Chan turned Oriental Kopi into a kopitiam empire
Tan Ai Leng - Founder Calvin Chan still returns to the kitchen, showing how far staying grounded can take you