22 hours ago
Geo Energy secures offtake, mining services MOUs to back coking coal push
Evan See - Initial feasibility studies estimate reserves in the Central Kalimantan site of 15 to 20 million tonnes
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
23 hours ago
DBS’s Tan Su Shan sells 100,000 shares via open market
Felicia Tan - DBS’s (SGX: D05 ) CEO Tan Su Shan has sold 100,000 shares in the bank via the open market. Tan disposed of the shares at $60.12 apiece on May 15. Following the disposal, Tan’s stake in DBS fell to 0.48% from 0.52% previously. On April 30, the bank reported earnings of $2.93 billion for the 1QFY2 ...
23 hours ago
Scuttled M1-Simba deal leaves investors with more questions than answers
Jude Chan - How does a telco operator use airwaves that do not belong to it?
23 hours ago
Ever Glory order book tops S$900 million on LTA, RWS contract wins
Chloe Lim - The new projects are worth around S$230 million
24 hours ago
Singapore stocks end higher amid mixed regional showing; STI up 0.2%
Chloe Lim - ST Engineering leads the gainers on the blue-chip index
24 hours ago
Ex-CDL director Kwek Leng Peck rejoins board, six years after resigning over disagreements
Evan See - He is the cousin of executive chairman Kwek Leng Beng and will be appointed vice-chairman
1 day ago
Tan of DBS maintains 'buy' on Prime US REIT and 33 US cents target price with ongoing operational improvements
The Edge Singapore - Derek Tan of DBS Group Research has kept his "buy" call and 33 US cents target price on Prime US REIT, with a view that it is seeing continued operating recovery, with occupancy improving for the fourth consecutive quarter and leasing momentum remaining healthy despite a still-challenging ...
1 day ago
CNA Explains: How radio frequency bands are regulated - and why it matters for telcos
Singapore is investigating whether telco Simba complied with regulations governing the use of radio frequency bands. CNA looks at what these bands are and how they are managed.
1 day ago
Kwek Leng Peck returns to CDL’s board as vice chairman and non-independent non-executive director
Felicia Tan - Kwek Leng Peck, the cousin of City Developments Limited’s (CDL) executive chairman, Kwek Leng Beng, has returned to CDL’s board. Leng Peck will return as a non-independent non-executive director and vice chairman of the company officially on June 1. Leng Peck, who first served as a CDL director ...
1 day ago
DBS, UOB Kay Hian raise respective target prices for NTT DC REIT
The Edge Singapore - Analysts have raised their respective target prices for NTT DC REIT after it reported higher than expected numbers for its FY2026, thanks to higher tenant fit out income, higher co-location revenue, lower taxes and favourable forex. For the year to March, revenue reached US$164.8 million, up 2.5% ab ...
1 day ago
Ikea franchiser slashes 850 jobs in cost-cutting drive as consumer spending falls
It has been squeezed by rising costs and US tariffs
1 day ago
Grab, Sea lean on affordability, subscriptions to defend growth amid macroeconomic headwinds
Benjamin Cher - Even as consumer spending comes under pressure, both companies have maintained their 2026 guidance
1 day ago
Singapore moves to certify AI testers as companies struggle to judge them
Nurdianah Md Nur - Singapore is trying to solve a basic problem in artificial intelligence (AI) adoption. Companies are being told to test their AI systems but many still do not know who is qualified to do that work. The new AI Tester Accreditation Programme aims to address that gap by certifying third-party firms tha ...
1 day ago
Fullerton Fund Management, Temasek Shophouse to hold farmers’ market on May 23
Belle Neo - More than 30 local growers, artisans and “sustainability-focused brands” will set up shop at Temasek Shophouse’s outdoor community space on May 23 for Farmers Market @ Temasek Shophouse. Held within the community spaces of Temasek Shophouse and Community Farm by Fullerton Fund Management, the ...
1 day ago
OCBC's Lim maintains 'hold' on SingPost; awaits operational improvements
The Edge Singapore - Ada Lim of OCBC Group Research has kept her "hold" call and fair value of 40 cents on Singapore Post, following lower FY2026 numbers which suggest that the company's turnaround towards commercial sustainability will take time to work out. For the year ended March 31, SingPost's r ...
1 day ago
Global energy shock tests Philippine lenders’ resilience
They are switching to a defensive stance as new central bank relief measures begin to bite
1 day ago
Global energy shock tests Philippine bank resilience
Lenders are switching to a defensive stance as new central bank relief measures begin to bite
1 day ago
Renewables fuel institutional interest in climate-related investment: AIGCC report
Lin Daoyi - Renewable energy investment opportunities are gaining traction among institutional investors who are seeking to increase climate-related investment according to a report released on May 18 by the Asia Investor Group on Climate Change (AIGCC) as part of Ecosperity Week 2026. The AIGCC represents inst ...
1 day ago
SBF, EnterpriseSG launch platform to help firms strengthen financial literacy, resilience
Koh Kim Xuan - The Centre for Enterprise Financing Advisory links companies with partners according to their business needs
1 day ago
Trump’s Q1 trades include Nvidia, Apple, Amazon and a US$600 million sushi chain
The filing shows the US president or his investment advisers made more than 3,700 trades in the first quarter
1 day ago
Two key allies of Malaysian PM Anwar, turn opponents, launch new party
Tan Ai Leng - The breakaway renews concerns over whether Anwar can push through reforms amid rising cost of living and external risks
1 day ago
HSBC to lend US$4 billion to help China clean tech scale globally
The bank will extend credit terms, streamline credit approvals and develop tailored solutions for eligible companies
1 day ago
Iran war saddles global companies with US$25 billion bill – and counting
At least 279 companies have cited the war as a trigger for defensive actions to blunt the financial hit, the analysis shows
1 day ago
Samsung Electronics, union hold last-ditch talks to avert strike threatening global supply chains
A walkout by more than 45,000 workers could hit the country’s economy and disrupt global supply chains
1 day ago
Samsung Electronics and union extend talks to avert strike
A walkout by more than 45,000 workers could hit South Korea’s economy and disrupt global supply chains
1 day ago
Singapore's HTX, Adobe team up to verify authenticity of digital content
Nurdianah Md Nur - Singapore’s Home Team Science and Technology Agency (HTX) is working with Adobe to test tools that can verify whether digital images and documents have been altered, as deepfakes and synthetic media become harder for public agencies to assess. HTX and Adobe signed a two-year memorandum of understa ...
1 day ago
Iran war saddles global companies with $25 billion bill - and counting
May 18 : The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis.A review of corporate statements since the start of the conflict by companies listed in the United States, Europe and Asia offers a sob ...
1 day ago
Goldman says central banks to step up gold-buying, aiding prices
The precious metal has struggled since the outbreak of the war in the Middle East
1 day ago
Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents
Leslie Yee - Needs and financial circumstances of owners of HDB Plus and Prime flats and new EC units can change
1 day ago
UOBKH downgrades ComfortDelGro to ‘hold’ as Q1 earnings disappoint
Deon Loke - The brokerage slashed its target price for the land transport operator by 15 per cent to S$1.54
1 day ago
Keppel to let M1-Simba deal lapse; M1 to be restructured with focus on ‘rightsizing’
Therese Soh - [SINGAPORE] Keppel said on Monday (May 18) that it will allow the sale and purchase agreement between M1 and Simba to lapse...
1 day ago
Keppel to let M1-Simba deal lapse; M1 to be restructured with focus on ‘right-sizing’
Therese Soh - [SINGAPORE] Keppel said on Monday (May 18) that it will allow the sale and purchase agreement between M1 and Simba to lapse...
1 day ago
Thai Q1 GDP growth beats forecasts, but 2026 outlook unchanged amid Middle East war
BANGKOK, May 18 : Thailand's economy grew faster than expected in the first quarter of 2026, helped by higher exports, consumption and investment, official data showed on Monday, but the government has kept its outlook for the year unchanged as the war in the Middle East drags on.Southeast Asia ...
1 day ago
Anthropic to brief global financial watchdog on cyber flaws exposed by Mythos, FT reports
May 18 : Artificial intelligence startup Anthropic is set to brief the Financial Stability Board (FSB) on cyber vulnerabilities in the global financial system identified by its latest AI model, Mythos, the Financial Times reported on Monday, citing people familiar with the plan. The Claude chatbot-m ...