13 hours ago
DBS, UOB among lenders arranging Airtrunk’s US$2 billion loan for Malaysia growth
Proceeds will support the firm’s 200-megawatt JHB2 facility located in Johor
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
13 hours ago
DBS, UOB among lenders arranging US$2 billion AirTrunk’s loan for Malaysia growth
Proceeds will support the firm’s 200-megawatt JHB2 facility located in Johor
13 hours ago
Gold prices steady as Trump-Xi meeting, Iran war draw focus
The US president is expected to seek China’s help to resolve the costly and unpopular conflict
14 hours ago
New York, California pension leaders oppose 'extreme' SpaceX control structure
BOSTON, May 13 : Leaders of three of the biggest U.S. public pension systems said they have major concerns over SpaceX's "extreme" ownership and control set-up in its upcoming public stock listing, urging founder and CEO Elon Musk to remove provisions that would curb shareholder prote ...
14 hours ago
Exclusive-New York, California pension leaders oppose 'extreme' SpaceX control structure
BOSTON, May 13 : Leaders of three of the biggest U.S. public pension systems said they have major concerns over SpaceX's "extreme" ownership and control set-up in its upcoming public stock listing, urging founder and CEO Elon Musk to remove provisions that would curb shareholder prote ...
14 hours ago
War turmoil saps Asian reserves with Philippines, India hit most
While central banks have been active to support their currencies, losses are significant
14 hours ago
SingPost ends 5.3% down after H2 earnings dive
Therese Soh - The counter finishes at S$0.355, as more than 26.1 million shares change hands
14 hours ago
SingPost down 4% after H2 earnings dive
Therese Soh - The counter is 43.3% lower than its closing price one year ago
14 hours ago
AEM jumps again following 1QFY2026 results; DBS raises target price to $11.80
The Edge Singapore - Amanda Tan of DBS Group Research has maintained her "buy" call on AEM Holdings after the chip tester's 1QFY2026 results that beat expectations. With better AI-driven growth prospects seen in the coming years from both existing and new customers, she has raised her target price from $8 ...
15 hours ago
SingPost, Fullerton Health to collaborate on healthcare logistics, last-mile medical delivery
Therese Soh - This marks a step in its diversification into healthcare as a focus sector
15 hours ago
Blackstone Digital Infrastructure raises US$1.75 billion in IPO to buy data centres
The listing is the largest ever IPO of a Reit set up as a so-called blind pool
15 hours ago
LY, Bain sweeten bid to value Japan's Kakaku at $4 billion, topping EQT offer
TOKYO, May 14 : SoftBank's LY Corp said on Thursday it and Bain Capital have lifted their bid for Kakaku.com, valuing the price comparison website operator at $4 billion and above a rival offer from Swedish investment firm EQT.Describing Kakaku's businesses as having "extremely high s ...
15 hours ago
LY, Bain sweeten bid for Japan's Kakaku.com, topping EQT offer
TOKYO, May 14 : SoftBank-backed LY Corp on Thursday said it and Bain Capital have lifted their bid for Kakaku.com, valuing the online marketplace at $4 billion and above a rival offer from Swedish investment firm EQT.• LY, which owns messaging app LINE and Yahoo Japan, said they are now offering 3 ...
15 hours ago
Food Empire shares close 4.9% higher on record quarterly revenue
Shikhar Gupta - It attributes the performance to growth across most markets and a stronger rouble
15 hours ago
Food Empire shares climb as much as 9.7% on record quarterly revenue
Shikhar Gupta - It attributes the performance to growth across most markets and a stronger rouble
15 hours ago
Food Empire shares climb as much as 9.7% on record Q1 results
Shikhar Gupta - It attributes the performance to growth across most markets and a stronger rouble
15 hours ago
Citigroup to boost Asia prime brokerage staff by 10% this year
The Wall Street bank has been poaching rivals to anchor its leadership team
15 hours ago
Shares of AEM close 18.7% higher after Q1 net profit quadruples to S$14.3 million
Chloe Lim - The company is also raising FY2026 revenue guidance by 20%
15 hours ago
Shares of AEM up 13% after Q1 net profit jumps over four times to S$14.3 million
Chloe Lim - The company is also raising FY2026 revenue guidance by 20%
15 hours ago
SingPost’s FY2026 earnings down 75.2% to $60.9 mil; group to keep SingPost Centre
Felicia Tan - Singapore Post Limited (SingPost) has reported earnings of $60.9 million for the FY2026 ended March 31, 75.2% lower y-o-y, as revenue and operating profit fell. Full-year revenue was down by 23.1% y-o-y to $376.1 million largely due to lower International revenue on the back of a volatile global mac ...
16 hours ago
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
Xi pressed Trump on Taiwan and warned of a potential conflict if mismanaged
16 hours ago
US-China summit: Trump signals ‘positive outcome’ on trade, Xi issues warning on Taiwan, as talks conclude
The renminbi rose to a three-year high against the dollar as traders watched the headlines from the meeting
16 hours ago
Xi, Trump conclude 2-hour-long summit, with ‘positive outcome’ on trade negotiations, warning on Taiwan
The renminbi rose to a three-year high against the dollar as traders watched the headlines from the meeting
16 hours ago
Trump tells Xi US-China relationship will be ‘better than ever’ as talks in Beijing begin
The two leaders met in the Great Hall of the People off Tiananmen Square on Thursday morning
16 hours ago
Trump, Xi begin Beijing talks with trade truce, Iran war at stake
Trump is widely expected to encourage China to convince Teheran to make a deal with Washington
16 hours ago
Trump, Xi set to meet in Beijing for talks; trade truce, Iran war high on agenda
Trump is widely expected to encourage China to convince Teheran to make a deal with Washington
16 hours ago
Malaysia IPOs surge toward 13-year high amid wave of upcoming listings
The South-east Asian country has been a rare bright spot even as the Middle East conflict roiled markets elsewhere
16 hours ago
Chip IPO highlights Malaysia deals surging towards 13-year high
The South-east Asian country has been a rare bright spot even as the Middle East conflict roiled markets elsewhere
16 hours ago
Stocks to watch: KIT, CDG, AEM, Food Empire Centurion, SingPost, CNMC
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 14):
16 hours ago
CNMC Goldmine to appeal against Kelantan’s higher gold, silver royalty rates
Chloe Lim - Other metals such as lead and zinc will see no changes
16 hours ago
Keppel Infrastructure Trust Q1 distributable income down 17.3% at S$53.7 million
Shikhar Gupta - Distributable income is up 18.2% when excluding a one-off S$21.7 million divestment gain in 2025
17 hours ago
Genting Singapore: Analysts lower targets, downgrade ratings as Q1 profit misses expectations
Deon Loke - DBS Group Research suggests a ‘comprehensive rethink’ of the company’s operational strategy
17 hours ago
Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers
SAN FRANCISCO, May 13 : The foundation of Nvidia CEO Jensen Huang and his wife, Lori, is buying computing time from CoreWeave and donating it to universities and other nonprofit institutes, according to a filing that valued the donation at $108.3 million so far.According to a filing on Tuesday, the ...
17 hours ago
SingPost H2 net profit falls 81.5% to S$41.2 million as traditional business worsens
Therese Soh - Final dividend of S$0.0006 and supplemental dividend of S$0.0041 per share proposed