2 days ago
What’s new about the Economic Strategy Review update? A spirit of risk-taking
Janice Heng - If the government accepts the recommendations and takes on a greater appetite for risk, Singapore must also become more accepting of failure
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Thai economy grew in last quarter of 2025 on exports and domestic demand, central bank says
BANGKOK, Jan 30 : Thailand's economy expanded in the fourth quarter of last year, driven by growth in exports and domestic demand, the central bank said on Friday, adding that December also improved compared to the previous month.There were improvements in the fourth quarter in both domestic an ...
2 days ago
Thai central bank flags gold trade curbs, plays down impact of US monitoring list
BANGKOK, Jan 30 : Thailand's new rules to curb online gold trading were designed to help weaken the baht, the country's central bank said on Friday as it downplayed any impact from the United States adding Thailand to its currency manipulation monitoring list.The central bank has blamed go ...
2 days ago
Pacific island Bougainville rejects Chinese partner for mine that will fund independence
SYDNEY: The Pacific island of Bougainville has rejected a partnership with Chinese miner CMOC to reopen a gold and copper mine that was among the world's largest before it was shut by a bloody civil war, instead opting to deal with an Indian company.With a population of 300,000, Boug
2 days ago
DBS sees ‘turning point’ in NIM downtrend for Singapore banks; lifts OCBC’s TP to $23
Felicia Tan - Lim Rui Wen of DBS Group Research believes the decline in net interest margins (NIMs) for Singapore banks should be abating. Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) are likely to report q-o-q NIM improvements in the 4QFY2025 ended Dec 31, Lim writes. She adds that t ...
2 days ago
Beansprout initiates coverage on CSE Global at ‘buy’ with target price of $1.40
Teo Zheng Long - Beansprout analyst Ng Hui Min has initiated a “buy” call on CSE Global (SGX: 544 ) as she sees the company is “positioned for structural capex growth”. In her Jan 28 report, Ng believes that CSE Global is “strategically positioned” at the heart of structural capex themes in data centres, ...
2 days ago
DBS upgrades ‘hidden gem’ Nam Cheong target price to $1.60
Lin Daoyi - In a research note dated Jan 29, DBS Group Research has reiterated its “buy” call for shipyard Nam Cheong with an even higher target price of $1.60, up from the $1.25 target issued in December 2025. Analyst Ho Pei Hwa suggests that there is further room for Nam Cheong’s earnings to grow, notin ...
2 days ago
CGSI keeps “add” on Genting SG with the expectation of gradual earnings growth from 1QFY2026
Samantha Chiew - CGS International is reiterating its “add” call and 78.5 cents target price on the Resort World Sentosa (RWS) operator Genting Singapore (GENS). This comes on the back of competitor Las Vegas Sands (LVS), the operator of Marina Bay Sands (MBS), releasing its 4QFY2025 results, which saw a hold-ad ...
2 days ago
France halted Eutelsat's sale of ground antennas, Finance Minister says
PARIS, Jan 30 : French Finance Minister Roland Lescure earlier this week blocked Eutelsat's sale of its ground antennas, he said on Friday, citing national security concerns tied to the satellite operator, the main European rival to Elon Musk's Starlink."These antennas are used for bo ...
2 days ago
France prevented Eutelsat from selling ground antennas, Finance Minister says
PARIS, Jan 30 : French Finance Minister Roland Lescure said on Friday he had decided earlier this week to prevent French satellite operator Eutelsat, a rival to Elon Musk's Starlink, from selling ground antennas, which enable communication with satellites."These antennas are used for both ...
2 days ago
SMFG books 12% rise in Q3 profit, on track for another record year
TOKYO, Jan 30 : Japan's second largest banking group Sumitomo Mitsui Financial Group reported a 12 per cent rise in third quarter net profit, it said on Friday.SMFG generated net profit of 461 billion yen ($3 billion)over October-December, up from 410.8 billion yen over the same period the prev ...
2 days ago
Nomura quarterly profit falls on Macquarie acquisition cost; JGB yield surge impact limited
TOKYO, Jan 30 : Japan's Nomura Holdings on Friday said third-quarter net profit fell nearly 10 per cent from a year earlier, weighed by expenses related to its $1.8 billion acquisition of investment management assets from Australia's Macquarie Group.Still, the country's largest invest ...
2 days ago
Nomura logs 10% fall in third-quarter profit
TOKYO, Jan 30 : Japan's largest investment bank and brokerage, Nomura Holdings, reported a nearly 10 per cent year-on-year drop in third-quarter net profit on Friday.Net profit for the October-December period came to 91.6 billion yen ($595.31 million), compared to 101.4 billion yen over the sam ...
2 days ago
South-east Asia seeks data centre investments – but must reckon with their thirst
Sharanya Pillai - With rapid data centre growth straining the region’s water supply, the race is on for alternative water sources and cooling technologies.
2 days ago
Apple to prioritize premium iPhone launches in 2026, Nikkei Asia reports
Jan 30 : Apple is prioritizing production and shipment of its three highest-end iPhone models for 2026 while delaying the rollout of its standard model due to a marketing strategy shift and supply-chain constraints, Nikkei Asia reported on Friday, citing four people with knowledge of the matter.Reut ...
2 days ago
Singapore, Vietnam remain on US Treasury’s currency watch list; Thailand added
Benicia Tan - US reinforces monitoring criteria but did not designate any country as a currency manipulator
2 days ago
Singapore’s private-sector leaders back ESR strategy, highlighting global expansion and AI
Low Youjin - Industry participants say the review clarifies the Republic’s growth direction
2 days ago
Driving growth, creating jobs: What are the Economic Strategy Review’s 7 recommendations?
Elysia Tan - These are crafted from suggestions by businesses and workers over 60 engagements, events and company visits since August
2 days ago
GDP growth may no longer translate to jobs; deliberate strategy needed to create diverse opportunities: DPM Gan
Growing Singapore’s economy and creating good jobs are “twin challenges” for the country, said Deputy Prime Minister Gan Kim Yong.
2 days ago
Don’t assume growth will create good jobs, says DPM Gan as Economic Strategy Review unveils 7 plans
Tessa Oh - The committee gives its initial recommendations ahead of its final report to be ready in mid-2026
2 days ago
Malaysian Central Bank rejects using ringgit to help exports
It says strong growth and ongoing reforms provide support for the ringgit
2 days ago
Indonesia committed to measures to boost stock market transparency, minister says
JAKARTA, Jan 30 : Indonesia is committed to introducing necessary reforms in the operation of its stock market, the country's chief economic minister Airlangga Hartarto reiterated on Friday, after global agency concerns about transparency triggered an $80 billion market rout."In response ...
2 days ago
Stocks tumble on bets Kevin Warsh is Trump’s Fed pick
Asian stocks fell, led by declines in China
2 days ago
An EQDP pivot could be transformational
Dr Foo Fatt Kah - Singapore launched the Equity Market Development Programme (EQDP) to revitalise the domestic stock market in response to long-standing concerns over low valuations, declining liquidity and low investor participation. The EQDP sought to attract high-quality listings, enhance market vibrancy, and supp ...
2 days ago
Is it time to rethink cash and CDC handouts?
Felicia Tan - As Singapore gears up for Budget 2026 on Feb 12, it is worth asking whether cash handouts and Community Development Council (CDC) vouchers are being used as effectively as intended. Since its launch in 2021, Singaporeans have enjoyed CDC vouchers, initially meant to thank citizens for their solidari ...
2 days ago
Gold retreats as reports on Trump’s Fed nominee boost dollar
Gold has gained by more than a fifth so far this year
2 days ago
A tale of two IPOs
Kwan Wei Kevin Tan - January is over, and two IPOs have hit the market. AI and cloud communications platform Toku and co-living operator The Assembly Place made their trading debuts on the Singapore Exchange (SGX)’s Catalist board on Jan 22 and Jan 23, respectively. Notably, both listings achieved an IPO “pop”, wi ...
2 days ago
Ko Chee Wah is sporting for his second listing with Kin Productions
The Edge Singapore - For many pre-IPO companies, they can be very cagey and not commit to saying they are doing a listing until they have filed their prospectuses. Ko Chee Wah, chairman of Kin Productions, has no such hang-ups. Sometime this year, Ko plans to bring this company, which specialises in sports events manage ...
2 days ago
From fashion to aviation: Doris Tan leads Shell’s green jet fuel take-off
Sharanya Pillai - Tan believes that green jet fuel is the best bet to decarbonise flying, as Asia gears up for a travel boom
2 days ago
Sanli Environmental stays focused on diversification despite project hiccup
Lin Daoyi - In the second half of last year, Sanli Environmental was attracting more trading interest, thanks to a growing order book that reached a record $781.5 million amid a buoyant market that has filtered down from blue chips to small and mid caps. Taking advantage of a rising share price, Sanli made two ...
2 days ago
Japan’s Nintendo and Sony face memory price pressures
NINTENDO and Sony Group will face scrutiny over how soaring memory chip prices driven by AI demand have affected their game console...
2 days ago
‘Significant improvement’: CNMC Goldmine expects profit lift for 2025 on higher gold, silver prices
Therese Soh - Company also credits higher production output at two of its processing plants
2 days ago
Trump administration prepares for Warsh Fed chair nomination
Warsh previously served on the US central bank’s Board of Governors
2 days ago
Vietnam-Singapore partnership seen as catalyst for scaling sustainable innovation
Jamille Tran - Singapore-backed initiatives such as UniVentures strengthen bilateral ties by preparing Vietnamese startups for regional expansion