1 day ago
CGSI cuts SIA’s earnings projections for FY2027 by nearly 40% as fuel prices surge
Tay Peck Gek - The research house has also trimmed its forecast for the group’s FY2026 core net profit by 4%
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
No price hike for Mediacorp’s World Cup subscription as fees stay at S$98 and S$118
[SINGAPORE] There will be no price hike for the 2026 World Cup subscription plans in Singapore, after Mediacorp announced that fans here...
1 day ago
France to announce measures to favour data centres in coming weeks, Finance Minister says
PARIS, April 2 : French Finance Minister Roland Lescure said on Thursday his government expects to announce in the coming weeks new measures to encourage setting up data centres in the country.He added investors in Japan are looking at Europe to install data centres.
1 day ago
Barclays’ private banking head Evonne Tan to be CEO of Schroders Asia Wealth Management from Jul 1
Her appointment comes as the private bank aims to ramp up investment in Asia
1 day ago
The real shine behind Singapore’s golden ambitions is not in gold’s meteoric price increase
Jude Chan - Investors are faring well with listed gold counters hitting fresh highs, but the Republic is also aiming to benefit with the region’s...
1 day ago
Indonesia says stock market reform drive completed after Feb's selloffs
JAKARTA, April 2 : Indonesia has completed key stock market reforms ahead of a self-imposed deadline linked to MSCI's May index review, a senior official said on Thursday, following mass equity selloffs triggered by an MSCI warning earlier this year. The proposed reforms were unveiled after ind ...
1 day ago
Indonesia completes stock market reforms requested by index providers, official says
JAKARTA, April 2 : Indonesia has completed the stock market reforms that were requested by index providers, a senior official said on Thursday, part of efforts to restore investor confidence in Southeast Asia's biggest economy.Authorities will publish a list of stocks with high shareholder conc ...
1 day ago
Scarcity and prestige: A market analysis of Singapore’s strata offices
Alice Tan and Jason Chan - Singapore’s office market is among the most tightly held in the region, with the Central Business District’s (CBD) strong grip on quality stock. Around half of our office supply is found within the Downtown Core, encompassing Raffles Place, Marina Bay and Shenton Way. Of this, approximately 70% ...
1 day ago
BOJ may be overlooking real risk from Iran war, says ex-central bank official
TOKYO, April 2 : Japan's economy may face supply shocks and slumping demand from the Iran war, a risk the central bank may be overlooking by focusing on inflationary pressures, former central bank official Nobuyasu Atago said on Thursday.A slew of recent hawkish communication from the Bank of J ...
1 day ago
Fuel spike, Middle East crisis squeeze Malaysia Aviation Group’s bottom line despite 2025 recovery
Fuel makes up 40% of cost; every US$1 rise adds RM50 million in annual cost
1 day ago
Malaysia Airlines parent's earnings rise in 2025, but Middle East conflict clouds outlook
MAG warned that geopolitical uncertainties continue to affect capacity, supply chains and cost structures
1 day ago
Trump's fresh Iran threats give investors a risk-off reality check
April 2 : President Donald Trump's threat to bomb Iran back to the Stone Age has sharply raised stakes in a war now in its fifth week and crushed investors' hopes for a swift end to a conflict that is squeezing oil supplies and fanning inflation.Global markets recoiled on Thursday as war j ...
1 day ago
Light at last for Hong Kong's Central office market after 7-year slump
HONG KONG, April 2 : Hong Kong's Grade-A office market in the city's financial core is finally hitting a floor after nearly seven years of decline, buoyed by a roaring capital market that is boosting demand from both mainland Chinese and multinational firms, realtors said.The turnaround fo ...
1 day ago
OCBC's Lim maintains 'hold' call on First REIT following planned $471.6 mil divestment
The Edge Singapore - First REIT has announced the sale of assets worth some $471.6 million to linked party Siloam International Hospitals, as part of its strategic review. The assets to be sold consists of 8 hospitals and 3 non-hospital assets, which is a slight premium of 2.1% over valuations. First REIT has also been ...
1 day ago
Share buybacks driving OCBC’s stock into new territory: analysts
Chloe Lim - Investors also like lender’s robust wealth business and net new money momentum in Q4
1 day ago
Share buyback scheme has helped OCBC’s recent sector outperformance: analysts
Chloe Lim - Broader investor discussions also note positives such as lender’s robust wealth flows and net new money momentum in Q4
1 day ago
Treasury yields spike as Trump offers no respite for inflation fears amid Middle East crisis
[SYDNEY] - Treasury yields were jerked higher in Asia on Thursday (Apr 2) as dashed hopes for an early end to the...
1 day ago
Global central banks mostly on hold as war muddies economic outlook
NEW YORK, April 2 : Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook.Policymakers across both developed and emerging markets ...
1 day ago
Nvidia chips probe in S’pore: CFO of local tech firm becomes fourth executive to be charged
Jenny Lim of Aperia Cloud Services was handed one charge for fraud by the District Court in Singapore on April 2.
1 day ago
CapitaLand Investment to speed up divestments, capital recycling in China portfolio
Deon Loke - Market softness in China triggers higher revaluation losses in FY2025
1 day ago
High order backlog, global ‘defence inflexion point’: Analysts positive on ST Engineering’s contract win
Shikhar Gupta - Views on the company’s outlook, however, are mixed
1 day ago
High order backlog, global defence inflection point: Analysts positive on ST Engineering’s contract win
Shikhar Gupta - While analysts are mixed on the company’s outlook, the contract win is seen positively
1 day ago
CGSI downgrades ST Engineering to ‘hold’ on potential de-escalation of Middle East conflict
Shikhar Gupta - Still, its and Citi’s analysts view its increasing foothold in the Middle East positively
1 day ago
Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism
SYDNEY, April 2 : People who show violent extremist tendencies on ChatGPT will be directed to human and chatbot‑based deradicalisation support through a new tool in development in New Zealand, the people behind it said.The initiative is the latest attempt to address safety concerns in the face of ...
1 day ago
Will the new IP changes help with medical inflation?
Felicia Tan - Growing up, I’d often hear my grandmother say it’s better to die than to fall ill in Singapore. With the country’s medical cost inflation — having stayed below 10% in 2024, had shot up again and is seen to hit a new high of 16.9% in 2026, up from 2025 — she may be right. On Nov 26, 2025, t ...
1 day ago
Market reform and opportunities within Singapore’s equity market
Teo Zheng Long - On March 24, The Edge Singapore and State Street Investment Management organised Shaping Tomorrow’s Markets: ETF Strategies and Economic Outlook to help investors understand the need for portfolio diversification and risk mitigation at a time of geopolitical tensions and shifting trade policies. H ...
1 day ago
Asean still ‘safe’ for business despite Middle East conflict: UOB
Lin Daoyi - From the perspective of UOB head of research Suan Teck Kin, the Middle East conflict between the US, Israel and Iran highlights Asean as a “stable” and “safe” region for doing business. Speaking at the Shaping Tomorrow’s Markets: ETF Strategies and Economic Outlook event hosted by The Edge ...
1 day ago
HSBC chief signals confidence in Asia despite retail banking scale-back
Adeline Paul Raj - HSBC Holdings plc’s possible sale of its Indonesian retail assets, following its exit from retail operations in Bangladesh and Sri Lanka last year, has fuelled speculation that the UK-based banking giant may be planning a broader retreat from retail banking in Asia. Last year, it closed its retail ...
1 day ago
Timely and accurate disclosures by listed issuers beneficial to Singapore’s equity market
Teo Zheng Long - For years, listed companies have operated under a cautious mindset, providing at most vague forward-looking views of their businesses. At the same time, certain companies have breached listing requirements by failing to promptly disclose material developments. Singapore’s blue chips and REITs tend ...
1 day ago
China drains cash from economy in rare move during oil shock
The central bank withdraws a total of 890 billion yuan worth of liquidity via short-term open market operations in March
1 day ago
China drains cash from economy in rare pullback during oil shock
CHINA’S central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its...
1 day ago
US escalation is the most likely scenario in Iran
Nouriel Roubini - The financial and economic implications of the US-Israeli war with Iran will depend on the war’s duration. The longer it goes on, the longer we can expect oil, gas, fertiliser, helium and other prices to remain elevated. The greater the damage done to the Gulf’s oil production and export facilit ...
1 day ago
The sad demise of China’s economic debate
Stephen S Roach - A few years ago, I had a hunch that China’s long-standing culture of spirited debate over economic policy would disappear. And now that has come to pass. That is the message sent by the sad demise of the China Development Forum (CDF), a gathering that I had the privilege of attending since its inc ...
1 day ago
Weave Living to open 99-key serviced apartment in Novena on April 15
Jovi Ho - Hong Kong-headquartered rental accommodation operator Weave Living will open Weave Suites – Novena on April 15, marking its fourth property in Singapore and the third under the Weave Suites brand. Located at 12 Shan Road, the newly revamped property brings the company’s total Singapore portfolio ...