18 hours ago
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
Benicia Tan - China contributes more than half of the agribusiness group’s earnings
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
19 hours ago
Asian markets rise as US rate cut bets temper Japan bond unease
Investors are watching nervously an auction of 10-year bonds due later Tuesday
19 hours ago
‘Domestic construction boom’ to cushion S’pore’s trade-related GDP slowdown in 2026: DBS
Jovi Ho - Singapore’s construction sector, the largest domestic segment, will be a “bright standout” in 2026 and over the coming years, says DBS Group Research. DBS analysts, led by senior economist Chua Han Teng, expect building activity to be lifted by major multi-year transport infrastructure investm ...
19 hours ago
Bukit Sembawang Estates is a ‘potential dividend powerhouse’: DBS
Deon Loke - A special dividend of up to S$1 per share may be on the horizon
20 hours ago
10 new sites, including Jurong Lake District carve-out, up for sale in H1 2026 GLS programme
Ry-Anne Lim - Supply from the confirmed list includes 4,575 private homes, including 635 executive condominiums, and 22,500 sq m of commercial space
20 hours ago
Intel to invest additional RM860 million in Malaysia, PM says
[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in...
20 hours ago
Genting’s New York casino licence buffers risks in Malaysia
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds
20 hours ago
Genting’s New York casino license buffers risks in Malaysia
The license comes as the company’s Malaysia casino faces constraints amid local political headwinds
20 hours ago
Genting Malaysia to stay listed after privatisation bid flops
[KUALA LUMPUR] Genting Malaysia will remain listed after Genting said that it secured a 73.13 per cent stake in its offer to...
20 hours ago
MOF seeks public feedback for Budget 2026 on economy, jobs and social support
Low Youjin - Views will be accepted until Jan 12, ahead of the Budget in February
20 hours ago
Samsung debuts its first trifold months ahead of folding iPhone
The company has outfitted the TriFold with its suite of Galaxy AI software features
20 hours ago
Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover
After the job cuts, roughly 85% of the roles will be client-focused, while 15% will be administrative, the company says
21 hours ago
Marco Polo Marine shares rise 7.5% on H2 profit surge
Deon Loke - For the full year, net profit surges 169.7% to S$58.5 million, from S$21.7 million the year before
21 hours ago
Marco Polo Marine closes 16.7% higher on profit jump, bright outlook; over 100 million shares change hands
Deon Loke - For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously
21 hours ago
Marco Polo Marine surges 7.5% on profit jump, bright outlook; almost 50 million shares change hands
Deon Loke - For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously
21 hours ago
Oil prices steady on worries about geopolitical risks to supply
Dec 2 : Oil prices held firm in early trading on Tuesday as market participants assessed risks stemming from Ukrainian drone strikes on Russian energy sites, mounting U.S.-Venezuela tensions and mixed expectations for U.S. fuel inventories.Brent crude futures rose 7 cents, or 0.1 per cent, to $63.24 ...
21 hours ago
Oil rises on geopolitical risks to supply
Dec 2 : Oil prices climbed in early trade on Tuesday for a second consecutive session as market participants assessed risks stemming from Ukrainian drone strikes on Russian energy sites and mounting U.S.-Venezuela tensions.Brent crude futures rose 14 cents, or 0.2 per cent, to $63.31 a barrel by 010 ...
21 hours ago
Gold edges lower as investors book profits
US rate futures are pricing in an 88% chance of a rate cut in December, according to the CME’s FedWatch tool
21 hours ago
South Korean president calls for tougher penalties after Coupang data breach
SEOUL: South Korean President Lee Jae Myung said on Tuesday (Dec 2) the massive customer data leak from e-commerce platform Coupang is a wake-up call for stronger protection of
21 hours ago
Danantara’s US$1.4 billion Garuda play emerges as key reform test
The 76-year-old airline is a major employer and a key mode of transport for the country
21 hours ago
Trump administration to inject up to $150 million into chip laser startup xLight
SAN FRANCISCO, Dec 1 : The Trump administration has agreed to take a stake in xLight - a startup seeking to develop free-electron lasers viewed as key to making faster computing chips.The U.S. Department of Commerce said on Monday the government will inject up to $150 million into the company but di ...
21 hours ago
Trump administration to inject up to $150 million into XLight, WSJ reports
WASHINGTON, Dec 1 : The Trump administration has agreed to take an equity stake in former Intel CEO Pat Gelsinger's XLight startup, the Wall Street Journal reported on Monday, citing the U.S. Commerce Department. The newspaper said the Trump administration will inject up to $150 million into th ...
22 hours ago
Intel to invest additional $208 million in Malaysia, PM says
KUALA LUMPUR, Dec 2 : Malaysian Prime Minister Anwar Ibrahim said U.S. chipmaker Intel has announced an additional investment of 860 million ringgit ($208 million) in the country for assembly and testing operations. Anwar said in a social media post on Monday that the announcement followed a meetin ...
22 hours ago
Australia rolls out AI roadmap, steps back from tougher rules
SYDNEY, Dec 2 : Australia on Tuesday unveiled a roadmap to ramp up the adoption of artificial intelligence across its economy but said it would rely on existing laws to manage emerging risks, stepping back from earlier plans for tougher rules on high-risk scenarios.Australia currently has no specifi ...
22 hours ago
US moves to deepen minerals supply chain in AI race with China
The Asian nation is home to more than 90% of global rare earths and permanent magnets refining capacity
22 hours ago
Stocks to watch: UOB, Nio, Sanli
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2):
22 hours ago
Warner Bros gets mostly cash Netflix offer in new round of bids
However, the company has not described the latest offers as final
23 hours ago
UOB prices £750 million floating rate covered bonds due 2029
Deon Loke - They are expected to be listed on the Singapore Exchange on Dec 8
23 hours ago
US Cyber Monday online sales hit $9.1 billion, Adobe Analytics says
Dec 1 : U.S. shoppers spent $9.1 billion online on Cyber Monday, Adobe Analytics said, capping a strong Black Friday weekend marked by splurges from wealthier consumers and deal-hunting by lower-income households.Online spending was up 4.5 per cent year-over-year through 6:30 p.m. ET (2330 GMT), acc ...
23 hours ago
Singapore’s YouTrip enters Australian market
Deon Loke - It will be the fintech’s third market, after Singapore and Thailand
23 hours ago
Shein probed by Texas attorney general over labour practices, product safety
The company is headquartered in Singapore but sources most of its products from China, where it has several thousand suppliers
23 hours ago
Apple names Amar Subramanya new VP of AI, replacing John Giannandrea
Dec 1 : Apple on Monday named veteran researcher Amar Subramanya as its vice president of AI, replacing John Giannandrea.Apple — a laggard in the AI race — has been slow to add AI features to its products in comparison to rivals such as Samsung Electronics, which have been quicker to refresh the ...
23 hours ago
South Korea headline inflation at 2.4% y/y, bolstering case for rate pause
SEOUL, Dec 2 : South Korea's consumer prices rose 2.4 per cent in November from a year earlier, driven by higher food and services costs, bolstering the case for the Bank of Korea to maintain interest rates at the current level for longer. The consumer price index was roughly in line with media ...
24 hours ago
Concerns about AI bubble overblown as Chinese tech giants step up race against US players: analysts
Chloe Lim - South-east Asian players, on the other hand, are likely to display more promise as AI adopters