16 hours ago
Air India probes if crew followed protocols in Boeing fuel-switch incident
Britain has given Air India a week’s deadline to submit a complete response, or face regulatory action
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
17 hours ago
US software stocks stabilize after bruising selloff on AI disruption fears
Feb 5 : Software and data services stocks stabilized on Thursday after a bruising selloff, as investors looked for clues on whether fast-advancing artificial intelligence tools are starting to dent demand for traditional software and subscription businesses.ServiceNow gained 0.7 per cent, Salesforce ...
17 hours ago
US software stocks slammed on mounting fears over AI disruption, lose $1 trillion in week
Feb 5 : Shares of U.S. software and data services companies extended their tumble for a seventh straight session on Thursday as investors worried that fast-advancing artificial intelligence tools could upend the sector.The S&P 500 software and services index dropped 4.6 per cent, having shed abo ...
17 hours ago
US software stocks mixed after bruising selloff on AI disruption fears
Feb 5 : Shares of U.S. software and data services companies were mixed on Thursday after a bruising selloff earlier this week that was triggered by fears that fast-advancing artificial intelligence tools could upend the sector.Intuit edged up 0.6 per cent, while ServiceNow, Salesforce and Microsoft ...
17 hours ago
US software shares extend declines on mounting fears over AI disruption
Feb 5 : Shares of U.S. software and data services companies extended their steep slide into a seventh session on Thursday as investors continued to pull back on fears that fast-advancing artificial intelligence tools could upend the sector.The S&P 500 software and services index dropped 2.8 per ...
17 hours ago
US software shares sink further on mounting fears over AI disruption
Feb 5 : Shares of U.S. software and data services companies extended their steep slide for a seventh straight session on Thursday as investors worried that fast-advancing artificial intelligence tools could upend the sector.The S&P 500 software and services index dropped 3.1 per cent, on track t ...
17 hours ago
Bank of England holds rates after narrow 5-4 vote, signals reduction ahead
The BOE has been moving cautiously as Britain has the highest inflation rate among the world’s big, rich economies
17 hours ago
Banyan Tree returns home with Mandai resort
Samantha Chiew - Mandai Rainforest Resort by Banyan Tree is the group’s first property in Singapore and its 100th hotel. The group is stepping up its asset-light strategy and growing its residences platform, anchored by Laguna Phuket After more than three decades shaping some of the world’s most coveted resort d ...
17 hours ago
Aster to complete Singapore refinery expansion, berth works in second-half of 2026
The company has announced a string of projects to boost its competitiveness
17 hours ago
Thomson Reuters reports higher fourth-quarter revenue
Feb 5 : Thomson Reuters reported higher fourth quarter revenue on Thursday, boosted by results from its legal, tax and accounting and corporates businesses, as investors weigh the impact of artificial intelligence companies moving into its key markets.The Toronto-based content and technology company ...
17 hours ago
Thomson Reuters posts fourth-quarter revenue increase, shares rise
Feb 5 : Thomson Reuters reported higher fourth quarter revenue on Thursday, boosted by its legal, tax and accounting and corporates businesses, as investors assess the impact of artificial intelligence companies moving into its key markets.The Toronto-based content and technology company also foreca ...
17 hours ago
Thomson Reuters reports fourth-quarter revenue rise, shares slip
NEW YORK, Feb 5 : Thomson Reuters reported higher fourth-quarter revenue on Thursday, boosted by its legal, tax and accounting and corporates businesses, as investors assess the impact of artificial intelligence companies moving into its key markets.The Toronto-based content and technology company a ...
17 hours ago
Thomson Reuters reports fourth-quarter revenue rise
Feb 5 : Thomson Reuters reported higher fourth quarter revenue on Thursday, boosted by its legal, tax and accounting and corporates businesses, as investors assess the impact of artificial intelligence companies moving into its key markets.The Toronto-based content and technology company also foreca ...
17 hours ago
Spotify to let users buy physical books on app through Bookshop.org partnership
Feb 5 : Spotify said on Thursday it will begin selling physical books on its streaming platform through a partnership with online retailer Bookshop.org, marking an unexpected expansion beyond its audiobooks business.The company is doubling down on new features to better compete with rival streaming ...
17 hours ago
Elite UK Reit secures £24.3 million in new leases with UK government
Deon Loke - Its portfolio’s weighted average lease to expiry is expected to improve from 2.4 years to 7.2 years
17 hours ago
MSCI pressure mounts on billionaire-held Indonesia shares
Investors have for years complained that the country’s biggest firms are thinly traded and held by tycoons
18 hours ago
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025
18 hours ago
Elite UK REIT signs GBP24.3 million for new lease agreements for properties occupied by UK's DWP
The Edge Singapore - Elite UK REIT's manager has announced it has concluded negotiations and entered into new lease agreements with The Secretary of State for Housing, Communities and Local Government of the United Kingdom (the Tenant) for properties occupied by the Department for Work and Pensions (DWP) (New Lease ...
18 hours ago
Chinese EV maker Nio expects to post first adjusted operating profit
Feb 5 : Chinese electric-vehicle maker Nio said on Thursday it expects to post its first-ever adjusted operating profit in the fourth quarter of 2025, driven by higher vehicle sales and cost controls that improved profitability.The company's U.S.-listed shares rose about 9 per cent in premarket ...
18 hours ago
Syngenta targets up to US$10 billion Hong Kong listing in 2026: sources
The company could float up to 20% of its shares
18 hours ago
Suntec REIT plans to return home
Goola Warden - During Suntec REIT’s results briefing on Jan 23, Chong Kee Hiong, CEO of Suntec REIT’s manager, was clear about how he wants the REIT’s portfolio to take shape. Ideally, the REIT plans to divest a mature Australian asset to prime its portfolio for a Singapore asset from its new sponsor. The ch ...
18 hours ago
HPH Trust’s H2 DPU down 9.7% at HK$0.065; braces for continued uncertainty over US-China tariffs
Sharanya Pillai - The trust warns of ‘gradual restructuring of shipping routes and cargo flows’ as trade remains volatile
18 hours ago
Australia beckons, but can S-REITs profit?
Goola Warden - With the US dollar under pressure and Australian rates staying high, the Australian dollar is rising. That could help Singapore REITs, but investors should not assume the gains will be automatic Geopolitics has slowed what appeared to be a long-term strengthening of the Singapore dollar (SGD) agains ...
18 hours ago
CapitaLand Ascendas Reit looks to redevelop older business park and data centre assets, as H2 DPU falls 2% to S$0.07528
Jessie Lim - The older business park assets are Changi Business Park and International Business Park
18 hours ago
CapitaLand Ascendas Reit H2 DPU falls 2% to S$0.07528
Deon Loke - Revenue for the period rises 4.1% on the year to S$783.8 million
19 hours ago
Elliott raises Toyota Industries stake in push to block buyout
The US fund now owns around 7.1% of Toyota Industries
19 hours ago
Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU
BRUSSELS, Feb 5 : The European Commission said Apple Ads and Apple Maps should not be designated under the EU’s Digital Markets Act, citing Apple Maps' relatively low usage in the EU and the limited scale of Apple Ads in the EU online advertising market."The Commission has concluded that ...
19 hours ago
STI rises 0.2% to new high, edging closer to 5,000 mark
Renald Yeo - Across the broader market, gainers beat losers 306 to 299 after 1.5 billion securities worth S$2 billion change hands
19 hours ago
Hiap Hoe expects 'significant' improvement in its FY2025 earnings
The Edge Singapore - Real estate company Hiap Hoe expects to report a "significant improvement" in its 2HFY2025 and FY2025 earnings for the year ended Dec 2025. The company says the better showing is due to stronger operating performance of its business and also an increase in the fair value of its financial i ...
19 hours ago
CLAR's 2HFY2025 DPU down 2% to 7.528 cents
The Edge Singapore - CapitaLand Ascendas REIT has reported net property and distributable income for its 2HFY2025. However, its DPU of 7.528 cents for its half year ended Dec 2025 was down 2% because of a larger unit base following last June's equity fund-raising. This brings its full-year DPU to 15.005 cents, down ...
19 hours ago
HPH Trust’s FY2025 DPU falls 5.7% to 11.5 HK cents on higher Yantian statutory reserve
Felicia Tan - Hutchison Port Holdings Trust (HPH Trust) announced a distribution per unit (DPU) of 11.5 HK cents (1.9 cents) for FY2025, 5.7% lower than the FY2024 DPU of 12.2 cents, mainly due to the increase in statutory reserve set aside for Yantian in 025. Revenue rose by 2.6% y-o-y to HK$11.86 billion. Combi ...
19 hours ago
CDL, Woh Hup tie-up tops Tanjong Rhu site tender with S$709.25 million bid at S$1,455 psf ppr
Kalpana Rashiwala - The 99-year leasehold private housing site fetches 5 bids
19 hours ago
Exclusive-Syngenta targets up to $10 billion Hong Kong listing in 2026, sources say
ZURICH/HONG KONG, Feb 5 : Syngenta Group is targeting a Hong Kong listing that could raise as much as $10 billion this year, two sources with knowledge of the deal said, setting the Swiss agrichemicals and seeds group on course for one of the world's biggest IPOs in 2026.Syngenta, owned by Chin ...
19 hours ago
Indonesia discussing oil refinery plan with India's Essar Group, energy minister says
JAKARTA, Feb 5 : Indonesia's energy minister Bahlil Lahadalia on Thursday said he has met with Indian conglomerate Essar Group and Indonesia's state energy firm Pertamina to discuss a plan to develop an oil refinery in the country.In the meeting, Bahlil said they discussed the strengthenin ...