20 hours ago
Gold dips as dollar ticks up; all eyes on inflation data
Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch Tool
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 hours ago
Our 2026 picks: Thakral Corporation
Samantha Chiew - Unlocking value from investments and India land Thakral Corporation has been on a value-unlocking journey. Unlike some companies that recycle assets to unlock value, Thakral’s plans involve the IPO of its investment companies and the long-term development of land in Gurugram, India. Last July, its ...
20 hours ago
Our 2026 picks: Toku — Singapore’s first IPO of 2026 still has legs to go
Kwan Wei Kevin Tan - Technology companies are a huge driver of growth for the US market and its flagship index, the S&P 500. In Singapore, however, sectors such as banking and real estate lead the pack. Toku, the first company to list on the Singapore Exchange (SGX) this year, says it wants to change that. The cloud ...
20 hours ago
Our 2026 picks: UOB Kay Hian — A different way of betting on the Singapore stock rally
Kwan Wei Kevin Tan - It’s easy to feel like a kid in a candy store when you look at the Singapore market these days. The flagship Straits Times Index (STI) hit a record high of 4981.97 points on Feb 9, while the iEdge Singapore Next 50 index, which tracks the next 50 largest companies after the top 30 STI constituents ...
20 hours ago
Tesla unveils cheaper Cybertruck model in US, cuts Cyberbeast price
Feb 19 : Tesla unveiled a new cheaper Cybertruck model in the U.S. on Thursday, priced at $59,990, making the dual-motor all-wheel-drive version its "most affordable" Cybertruck yet.The company also reduced the price of Cyberbeast, its most-expensive Cybertruck pickup truck model, to $99,9 ...
20 hours ago
Tesla unveils cheaper Cybertruck variant, cuts Cyberbeast price to drive demand
Feb 19 : Tesla unveiled a cheaper Cybertruck variant in the U.S. on Thursday and slashed the price of its most-expensive model, Cyberbeast, as the electric-vehicle maker struggles to find buyers for its pickup trucks.Tesla priced the new dual-motor all-wheel-drive model at $59,990, making it the com ...
20 hours ago
Tesla cuts price of Cybertruck model Cyberbeast in US
Feb 19 : Tesla has reduced the price of Cyberbeast, its most-expensive Cybertruck pickup truck model, to $99,990 from $114,990 in the United States, according to pricing information on the automaker's website on Thursday.With the recent price cut, Tesla looks to be discontinuing its "Luxe ...
20 hours ago
Our 2026 picks: UOB — Share price recovery is premised on normalised credit costs
Goola Warden - United Overseas Bank (UOB) share price has been on something of a rollercoaster ride in the first couple of months of this year. On Jan 23, the stock reached a new high of $39.50, driven by a JPMorgan report dated Jan 9. Then its share price fell sharply following the release of a report dated Jan 2 ...
20 hours ago
Trump, Indonesian President Prabowo finalise trade deal slashing tariff rate to 19%
The agreement also eliminates heightened duties on some of Indonesia’s exports, including palm oil, spices, and pharmaceuticals
20 hours ago
Trump, Indonesia’s Prabowo finalise trade deal slashing tariff rate to 19%
The agreement eliminates heightened duties on some of the Asian country’s exports, including palm oil, spices and pharmaceuticals
21 hours ago
Our 2026 picks: Venture Corporation — Seasoned warhorse biding time before next charge
Lin Daoyi - With roots dating back to 1989 as a high-end electronics manufacturing services provider, Venture Corporation has grown into a leading provider of technology services, products and solutions to over 100 global brands. Listed in 1992 on Sesdaq, the precursor to the Catalist board, Venture listed on t ...
21 hours ago
Our 2026 picks: Altria Group — Be hooked on investing in Altria Group in good or bad times
Thiveyen Kathirrasan - In times of market uncertainty, fear and stress prevail. The former can be overcome through disciplined and diligent research, while the latter can be reduced in many ways. One such way is by the consumption of alcohol and tobacco products, such as cigarettes. Though it may not be the healthiest opt ...
21 hours ago
Our 2026 picks: Consistent CNOOC to diversify into commodities
Thiveyen Kathirrasan - Certain asset classes have negative correlations with one another, which investors can leverage for diversification when held together and appropriately allocated. One such correlation is between equities and commodities. Historically, we are experiencing higher-than-usual market volatility and unce ...
21 hours ago
Our 2026 picks: Mercedes-Benz for dividend-driven investors
Thiveyen Kathirrasan - Certain industries in the stock market are considered safer investments simply because of the nature of their business. Across industries, mature companies are generally safer investments, as they are likely to have a stable track record and business. This comes at the cost of slower growth and pote ...
21 hours ago
Our 2026 picks: Verizon Communications - Verizon gets an attractive call, especially with dividends
Thiveyen Kathirrasan - When fear and uncertainty hit the stock market, capital usually flows towards safe-haven assets or safe stocks within the equity asset class. What is a safe or safe-haven stock in this context? It is generally businesses that are likely to maintain or retain their value despite prevailing economic a ...
21 hours ago
OCBC upgrades SIAEC to ‘buy’ as other analysts weigh expansion costs impact
Shikhar Gupta - Target prices hover around S$4 as analysts balance robust joint-venture profits against heavy startup costs for new hangars
21 hours ago
OCBC upgrades SIA Engineering to ‘buy’ on positive aircraft maintenance, repair and overhaul outlook
Shikhar Gupta - It revises its fair value estimate for the company to S$4.05
21 hours ago
Netflix co-CEO says Warner deal to put more films in cinemas
The streaming company has historically put only a limited number of pictures in select theatres for short runs
21 hours ago
Our 2026 picks: Zhejiang Expressway - Ride the Zhejiang Expressway for dividends and yields
Thiveyen Kathirrasan - To pay dividends regularly, companies need to generate consistent cash flow. Specific industries and businesses can do this effectively by nature. One such business is a toll concessionaire, as regular cash flows can be expected after a large initial capital outlay to construct the toll road. Anothe ...
21 hours ago
Tighter data control: Vietnam’s race to redesign digital services
Jamille Tran - New rules can benefit businesses that view user consent not only as a compliance issue, but also as a way to provide...
21 hours ago
Oil prices rise as Trump puts time limit on Iran stand-off
Feb 20 - Oil prices were higher on Friday as concern of conflict between the U.S. and Iran ratcheted up, with Washington saying Tehran will suffer if it does not agree a deal about its nuclear activity within a matter of days.Brent crude futures rose 21 cents, or 0.3 per cent, to $71.87, while U.S. ...
21 hours ago
Oil heads for first weekly gain in three as US-Iran tensions rise
LONDON - Feb 20 : Oil prices hovered near six-month highs on Friday, headed for their first weekly gain in three on growing concerns a conflict may erupt after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days.Brent crude futures edged down 19 ...
21 hours ago
Brent rises late, settles higher and with weekly gain on Iran-US jitters
HOUSTON, Feb 20 : Brent crude prices rose in late-day short-covering on Friday as investors worried about U.S. military action, as President Donald Trump presses the Islamic Republic to halt nuclear weapon development.Brent crude futures settled at $71.76 a barrel, up 10 cents, 0.14 per cent. U.S. W ...
21 hours ago
Oil down on slow US move on Iran; Ignores court decision
HOUSTON, Feb 20 : Oil prices traded near six-month highs on Friday, heading for their first weekly gain in three weeks as markets expected U.S. military action against Iran would not happen until next week.Brent crude futures slipped 19 cents, or 0.27 per cent, at $71.47 a barrel 11:36 a.m. CST (173 ...
21 hours ago
Oil heads for first weekly gain this month as US-Iran tensions rise
LONDON, Feb 20 : Oil prices traded near six-month highs on Friday, heading for their first weekly gain in three weeks after U.S. President Donald Trump told Iran "bad things" will happen if it does not agree to a nuclear deal in the coming days.Brent crude futures edged down 8 cents, stead ...
21 hours ago
Oil heads for first weekly gain in three as US-Iran tensions brew
Feb 20 - Oil prices rose on Friday, headed for their first weekly gain in three, on growing concerns a conflict may erupt between the U.S. and Iran, after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days.Brent crude futures rose 25 cents, or ...
21 hours ago
The buyback mirage? New SGX data shows why patience pays
Hamza El Khalloufi - Across Singapore’s corporate boardrooms, share buybacks have long been seen as a standard lever of capital allocation. It is a strategy used by everyone from blue-chip banks to mid-cap industrials. But does it actually work for market participants? A comprehensive new study by the research team at ...
22 hours ago
Nippon Steel executive sees China-driven supply glut nearing end
Steel mills in the Asian nation have ramped up exports as a way to offset falling domestic consumption
22 hours ago
Beyond the index: some way to go for most to meet institutional standards
Lee Ooi Keong - Singapore’s equity market delivered its best performance in more than a decade in 2025. The Straits Times Index (STI) returned 22.7%, liquidity improved, and new listings finally exceeded the drought of recent years. My earlier article examined this rebound from a top-down perspective and highligh ...
22 hours ago
UOB’s AI-driven strategy lifts corporate banking revenue by 5%
Felicia Tan - United Overseas Bank (UOB) has recorded tangible gains from its AI deployment, with corporate banking revenue in Singapore rising more than 5% y-o-y in 2024. The bank attributes this growth to its AI-powered portfolio optimisation solution. The solution, which transforms multi-year historical data i ...
22 hours ago
China’s AI trinity: Efficiency, agents and edge
Stella Zhang - In the US-China AI race, the latter has the political will, entrepreneurial foresight and stamina, engineering skills, and a humongous domestic market to take the lead The year 2025 will be remembered for the ascendance of young Chinese innovators to the forefront of the AI world. It began with Deep ...
22 hours ago
Gen Z is rewriting the rules of wealth
Felicia Tan - The generational gap is real. Every generation is routinely criticised by the one before it as less disciplined, more entitled and too keen to break with tradition. George Orwell, author of Animal Farm and 1984, summed it up best: “Every generation imagines itself to be more intelligent than the o ...
22 hours ago
Citi expects Asia investment banking momentum to carry into 2026
Samantha Chiew - Citi expects Asia-Pacific investment banking to remain busy in 2026, driven by a stronger deal pipeline, easing rate pressures and sustained funding demand for digital infrastructure and AI. Citi’s investment banking client revenues in Asia-Pacific in 2025 were the strongest the bank has seen in m ...
22 hours ago
Intense and fast-paced Year of the Horse
Daryl Guppy - The Chinese term for “immediate speed”, 马上 (ma shang), literally means “get up on the horse”. Americans like to think they are unique in their tradition of the cowboy on horseback in the Wild West. They fail to appreciate the decisive role the horse has played in Chinese history. They ne ...