11 hours ago
Integrated Shield dilemmas: Insurance body tackles consumers’ key concerns
Deon Loke - Life Insurance Association answers questions on premiums, riders and when to review IPs
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
11 hours ago
Tada commits S$1 million to put brakes on high-commission ride-hailing models
Shikhar Gupta - The initiative aims to reverse falling driver earnings and rising ride-hail prices
11 hours ago
Tada commits S$1 million to put brakes on high-commission models
Shikhar Gupta - The initiative aims to reverse falling driver earnings and rising ride-hail prices
11 hours ago
Maybank cuts Sembcorp’s TP to $5.65 after Alinta deal
Lin Daoyi - Maybank Securities analyst Krishna Guha is cutting Sembcorp Industries’ (SCI) target price by 75 cents or 11.7% from $6.40 to $5.65 in his note dated Dec 17. He has maintained his ‘hold’ call. In his report, Krishna lowers FY2025 and FY2026 estimated earnings by 9.6% and 11.5% respectively, at ...
11 hours ago
Thailand's Bitkub turns to Tencent Cloud to strengthen digital asset services
Nurdianah Md Nur - Bitkub Group, a digital asset and blockchain company in Thailand, has selected Tencent Cloud as its strategic cloud partner to deliver better services for users buying, selling and storing digital assets. The partnership gives Bitkub access to Tencent Cloud’s technologies tailored for high-perform ...
11 hours ago
Coupang CEO fails to appear at South Korean parliamentary hearing on data breach
The data of more than 33 million Coupang customers was leaked
11 hours ago
Indonesia’s Grab-backed Superbank surges on debut, triggers trading halt
Elisa Valenta - A bulk or 70% of the 2.7 trillion rupiah IPO proceeds will be used to support SME lending
11 hours ago
Japan’s Mizuho to buy majority of India’s Avendus from KKR for up to 81 billion yen
The buyout adds to Japanese financial institutions’ growing footprint in India
12 hours ago
Digital banks in South-east Asia face profit pressure as rates slump and credit risks rise
Evan See - Preserving deposits and embedding products within ecosystems could prove vital, say market watchers
12 hours ago
As rates slump and credit risks rise, profit pressures mount for South-east Asia’s digital banks
Evan See - Preserving deposits and embedding products within ecosystems could prove vital, say market watchers
12 hours ago
Bessent sees one or two more Fed chair interviews this week
Trump is slated to interview the central bank governor Chris Waller on Dec 17 for the chair job
12 hours ago
Amazon in talks to invest about $10 billion in OpenAI, source says
Dec 16 : Amazon.com Inc is in talks to invest in ChatGPT-maker OpenAI in a potential deal that could value the artificial intelligence firm at more than $500 billion, a source familiar with the matter said on Tuesday.Amazon may invest about $10 billion in OpenAI, but the talks between the two firms ...
12 hours ago
OpenAI in talks to raise at least $10 billion from Amazon and use its AI chips, the Information reports
Dec 16 : Artificial intelligence firm OpenAI is in talks to raise $10 billion or more from Amazon and use its AI chips, the Information reported on Tuesday citing people familiar with the matter.Reuters could not immediately verify the report.
12 hours ago
Oil jumps as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
[TOKYO] Oil prices climbed sharply on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil...
13 hours ago
Silver tops US$65 for first time; gold firms as US unemployment rate climbs
Traders still expect two cuts of 25 basis points each in 2026
13 hours ago
Gold ticks higher as US unemployment climbs in November
The US dollar fell to a more than two-month low on Tuesday, making greenback-priced bullion more affordable for overseas buyers
13 hours ago
UOB struggles with Hong Kong, China property loans as prices sink
Bloomberg - (Dec 17): A large wager on Hong Kong and China real estate is backfiring on one of Singapore’s top banks, which is facing up to mounting troubles in the region’s deteriorating property markets. United Overseas Bank Ltd (UOB) over the years financed real estate abroad including hillside luxury ho ...
13 hours ago
Singapore bank UOB struggles with Hong Kong, China property loans as prices sink
Bloomberg - A large wager on Hong Kong and China real estate is backfiring on one of Singapore’s top banks, which is facing up to mounting troubles in the region’s deteriorating property markets. United Overseas Bank Ltd. over the years financed real estate abroad including hillside luxury homes in Hong Kon ...
13 hours ago
China lowers EU pork tariffs in final ruling after 18-month probe
[BEIJING/MADRID] China on Tuesday (Dec 16) sharply reduced tariffs on European Union pork imports worth over US$2 billion in the final ruling...
14 hours ago
Apple in talks with Indian chip makers for assembly, packaging of iPhone parts, ET reports
Dec 16 : Apple is in preliminary talks with some Indian chip manufacturers for the assembly and packaging of iPhone component, local newspaper Economic Times reported on Thursday, citing people with knowledge of the matter.Reuters could not immediately verify the report.
14 hours ago
Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
[WASHINGTON] US President Donald Trump on Tuesday ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela, a move set...
14 hours ago
Blackstone leads investment in data-security firm Cyera at a $9 billion valuation, WSJ reports
Dec 16 : Blackstone is leading a $400 million investment in data-security firm Cyera that values the New York-based company at $9 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report.
14 hours ago
OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
Therese Soh - OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business
14 hours ago
Japan's Mizuho to buy majority of India's Avendus from KKR for up to $523 million
TOKYO, Dec 17 : Japan's Mizuho Securities on Wednesday said it will buy a majority stake in Indian investment bank Avendus from U.S. investment firm KKR for up to 81 billion yen ($523 million).The buyout adds to Japanese financial institutions' growing footprint in India, where a fast-grow ...
14 hours ago
Mizuho to acquire majority of Indian investment bank Avendus from KKR for around $523 million
TOKYO, Dec 17 : Japan's Mizuho Securities will acquire a majority stake in Indian investment bank Avendus from its current majority owner KKR for up to 81 billion yen ($523.15 million), it said in a release on Wednesday.Mizuho Securities, the securities arm of Japan's third-largest banking ...
14 hours ago
Oil jumps over 1% as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
TOKYO, Dec 17 : U.S. crude futures rose more than 1 per cent on Wednesday as U.S. President Donald Trump ordered "a total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela. U.S. crude futures were up 1.3 per cent, or 72 cents, to trade at $55.99 at 0022 GM ...
14 hours ago
Stocks to watch: Keppel, Keppel DC Reit, CICT, SingLand, UOL, Jardine C&C, F&N, Suntec Reit
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 17):
14 hours ago
Singapore’s key exports up 11.6% in November; economists say delayed impact of US tariffs could weigh on 2026 outlook
Paige Lim - November’s jump was led by shipments of pharmaceuticals and supported by electronics
14 hours ago
Singapore’s key exports up 11.6% in November, exceeding forecasts
Paige Lim - This is led by shipments of pharmaceuticals and supported by electronics
14 hours ago
Singapore inventor wins High Court suit against rivals who passed off similar doors as his design
The Malaysian company by Ng’s former employee Goh Song Guan, manufactures a similar slide-and-swing door known as “SD Door”
14 hours ago
China’s market revival hinges on gloomy economy turning corner
[BEIJING] China’s markets shed the “uninvestable” tag this year. To bury it for good, investors say an acceleration in the domestic economy...
14 hours ago
Waymo in talks to raise billions at over US$100 billion valuation: report
ALPHABET unit Waymo is in talks with potential investors to raise money at a valuation of at least US$100 billion, The Information...
15 hours ago
SBI Shinsei Bank soars 11% from IPO price in Tokyo trading debut
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high
15 hours ago
SBI Shinsei Bank to debut after second-biggest Japan IPO of 2025
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high