18 hours ago
Asian LNG prices hit highest since March as US-Iran hostilities disrupt Hormuz shipping
A prolonged disruption would keep LNG supplies tight, particularly for Asia, where buyers rely heavily on Qatari cargoes
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
18 hours ago
Lum Chang Creations expects to report 'significant' increase in FY2026 earnings
The Edge Singapore - Lum Chang Creations, which is poised to transfer its listing to the Mainboard, expects to report "a significant increase" for its FY2026 earnings ended June over the preceding year. "The expected improvement in the group's financial performance is mainly attributable to improved ...
18 hours ago
Airbus picks Iliad's Scaleway for AI, defence work in sovereignty push
July 16 : Airbus said on Thursday it had signed a multi-year agreement with Iliad-owned Scaleway to provide cloud infrastructure for sensitive industrial and defence applications, supporting the deployment of AI tools developed with French startup Mistral.The European planemaker said Scaleway would ...
18 hours ago
Coal dominance, fiscal constraints to temper South-east Asia’s clean energy boom
Sharanya Pillai - But there is also interest in ‘coal flexibility’ schemes, where coal plants complement renewable sources
19 hours ago
Japan household inflation expectations rise, build case for BOJ rate hikes
TOKYO, July 16 : Japanese households' inflation expectations crept up and the ratio of those expecting prices to rise a year from now hit a record high, a quarterly central bank survey showed on Thursday, bolstering the case for further interest rate hikes.The survey, which followed a separate ...
19 hours ago
More Japanese households see prices rising, BOJ survey shows
TOKYO, July 16 : Over 90 per cent of Japanese households expect prices to rise a year from now, a central bank survey showed on Thursday, higher than three months ago in a sign of broadening inflationary pressure that could heighten the case for further interest rate hikes.The survey will be among f ...
19 hours ago
Quiet market, low offers: MLT defends slow pace of S$1 billion divestment plan
Shikhar Gupta - Investors want the Reit to cut losses and accelerate exits in China, but its manager says it will not panic sell
19 hours ago
Quiet market, low offers: Mapletree Logistics Trust defends slow pace of S$1 billion divestment plan
Shikhar Gupta - Investors want the Reit to cut losses and accelerate exits in China, but its manager says it will not panic sell
19 hours ago
Syngenta's $5 billion HK IPO pushed back amid agriculture sector uncertainty, Bloomberg News reports
July 16 : Swiss agricultural chemicals and seeds company Syngenta's planned $5 billion Hong Kong IPO is facing delays as the company awaits better conditions in the sector, Bloomberg News reported on Thursday, citing people familiar with the matter.A listing in 2027 is now seen as the more like ...
19 hours ago
JP Morgan report on banks dampens buying fervour
The Edge Singapore - In a report dated July 16, JP Morgan dampened animal spirits for the local banks. It is recommending that investors trim OCBC and UOB “into numbers”. It is particularly negative on UOB. Both banks announce 2Q2026 results on Aug 7. On the other had, the US bank expects “relative resilience” f ...
20 hours ago
Japan finance minister: economic growth potential may warrant review of pension asset mix
TOKYO, July 16 : Japanese Finance Minister Satsuki Katayama said on Thursday that an increase in the economy's growth potential stemming from a shift in government policy could warrant changes to the asset allocations of the nation's state pension funds.The Government Pension Investment Fu ...
20 hours ago
Anthropic's Mythos AI risks are a 'real issue', says JPMorgan CEO Jamie Dimon
The remarks highlight AI safety concerns, including the misuse of systems capable of identifying software vulnerabilities
20 hours ago
TSMC to invest another US$100 billion in US as Q2 profit blows past forecasts
TSMC also raised its forecast for capital spending by up to 14% for this year
20 hours ago
TSMC‘s second-quarter profit seen hitting record on AI boom
The company announced a record high 36% rise in second-quarter revenue on Monday
20 hours ago
Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
SEOUL, July 16 : Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group's stake of around 10 per cent, a move it said would help it deploy advanced robotics across its operations.Terms of the deal ...
20 hours ago
Hyundai Motor Group to make Boston Dynamics wholly owned with purchase of SoftBank stake
SEOUL, July 16 : Hyundai Motor Group said on Thursday it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group's stake of around 10 per cent — a move it said will help it deploy advanced robotics across its operations.Terms of the deal were not ...
20 hours ago
‘Healthy cocktail’ gives Macquarie the buzz to upgrade STI target by 33% to 6,000 points
Lin Daoyi - In a July 15 Singapore strategy report, Macquarie Equity Research analysts Jayden Vantarakis, Foo Zhiwei, Rachel Tan and Amanda Foo have upgraded their Straits Times Index (STI) target to 6,000 points. This represents a 33% jump from their January forecast of 4,500 points. The Singapore market has b ...
21 hours ago
Shut out of China’s mega CXMT IPO, global investors hunt for creative backdoors
Many overseas investors are instead piling into brokers and even crypto derivatives tied to the blockbuster listing
21 hours ago
South Korea to halt new listings of single-stock leveraged ETFs
The ban will remain until market conditions stabilise, says the Financial Services Commission on Jul 16
21 hours ago
South Korea to announce measures on single-stock leveraged ETFs soon
Measures to address such funds and ensure market stability are being discussed, the nation’s top financial regulator said
21 hours ago
Blackstone-backed AirTrunk eyes September, October launch for US$1.5 billion Singapore Reit IPO, sources tell Reuters
Timing, size of the deal could change, depending on market conditions
21 hours ago
South Korea to ban new listings of single-stock leveraged ETFs
SEOUL, July 16 : South Korea said on Thursday it will temporarily ban new listings of exchange-traded funds (ETFs) that are tied to certain major technology firms, while raising minimum required deposits for retail investors to invest in such products, in an effort to curb market volatility.The Fina ...
21 hours ago
South Korea regulator to announce new measures on single-stock leveraged ETFs
SEOUL, July 16 : South Korea's top financial regulator Financial Services Commission will announce new measures on single-stock leveraged ETFs soon, its chief said on Thursday. The regulator will "closely inspect and review improvement measures" on the ETFs soon, FSC Chairman Lee Eog- ...
21 hours ago
RTS Link could cause S$290 million net increase in outflow annually for Singapore: study
Elysia Tan - The city-state’s central region is seen to gain from JB visitors in high-end retail, entertainment and dining
21 hours ago
Singapore residents set to spend S$1 billion more a year in JB after RTS Link opens: Study
Groceries, drug stores and dining are expected to draw the biggest share of Singapore consumers' spending across the border.
21 hours ago
RTS Link could lead to incremental net S$290 million outflow from Singapore annually: study
Elysia Tan - This is equivalent to 0.4% of Singapore’s total retail and F&B sales in 2025
22 hours ago
Dollar at one-month low as cooling inflation offsets oil price risks
July 16 : The dollar hovered near its one-month low on Thursday as investors weighed subdued U.S. inflation data, which dampened rate-hike expectations, against the risk of a further oil price spike that could support the greenback.U.S. Treasury yields fell on Wednesday after a second consecutive da ...
22 hours ago
Dollar stabilises above one-month low as traders focus on inflation risks
HONG KONG, July 16 : The U.S. dollar stabilised on Thursday after touching a one-month low, as soft inflation data reinforced bets that the Federal Reserve will hold off on hiking rates, while fresh Middle East tensions posed a risk to the outlook.The euro held firm near a one-month high, last tradi ...
22 hours ago
Dollar near one-month low as cooling inflation curbs Fed hike bets
HONG KONG, July 16 : The U.S. dollar hovered near a one-month low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay patient on interest rate hikes, while escalation in Middle East hostilities added upside risk to the inflation outlook.The greenback slipped against ...
22 hours ago
BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says
TOKYO, July 16 : The Bank of Japan may face political pressure to ramp up bond buying if the benchmark 10-year yield breaks above the key 3 per cent threshold and puts Premier Sanae Takaichi's fiscal policy on the line, former central bank policymaker Seiji Adachi told Reuters.The stakes are hi ...
22 hours ago
Nvidia expands Toyota AI partnership for smart cities, factories
They will deepen their partnership to advance physical AI in the real world, across the automotive and robotics sectors
22 hours ago
Bank of Korea hikes rates for first time in 3.5 years to curb inflation and won slump
It says the economic growth rate for South Korea is expected to ‘considerably exceed’ the bank’s May forecast of 2.6%
22 hours ago
Bank of Korea hikes rates for first time in 3½ years to curb inflation and won slump, signals more
South Korea’s economy has been rebounding faster than expected in 2026
22 hours ago
Bank of Korea hikes rates for first time in 3½ years to combat inflation, won slump
South Korea’s economy has been rebounding faster than expected