19 hours ago
STI up 0.3%, amid mixed showing by Singapore shares
Tay Peck Gek - Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
19 hours ago
Analysts value Marco Polo Marine’s shares at 14 cents after net profit jump
Lin Daoyi - Analysts from CGS International and RHB have reiterated their “buy” call for Marco Polo Marine after the offshore and marine player announced a positive set of results for FY2025 ended Sept 30. In their report issued on Dec 1, the CGSI pair of Meghana Kande and Lim Siew Khee maintained their TP ...
19 hours ago
Taiwan charges Tokyo Electron unit in TSMC trade secrets case
TAIPEI, Dec 2 : Taiwan prosecutors said on Tuesday they had charged Tokyo Electron's Taiwan unit with violating the National Security Act and the Trade Secrets Act after a former employee was indicted for stealing trade secrets from chipmaker TSMC.The unit could face fines of up to T$120 millio ...
19 hours ago
Taiwan charges Tokyo Electron’s Taiwan unit in TSMC trade secrets case
TAIPEI: Taiwan prosecutors said on Tuesday (Dec 2) they had charged Tokyo Electron's Taiwan unit with violating the National Security Act and the Trade Secrets Act after a former employee was indicted in August for alleged theft of trade secrets from chipmaker TSMC.The prosecutors said in a sta ...
19 hours ago
Analysts raise CIMB target price on ‘surprise’ capital return initiative
Deon Loke - The bank announces it will be returning up to RM2 billion of capital to shareholders by end-2027
20 hours ago
Ex-director and founder of Agritrade International charged with cheating investment platform
Chloe Lim - Ng Say Pek was arrested on Dec 1 after being on the run for over five years
20 hours ago
Trump administration backs Bayer’s bid to curb Roundup lawsuits
The company is facing more than 67,000 such lawsuits in US state and federal courts
20 hours ago
Saudi National Bank’s US$1 billion loan adds to Middle East spree
It’s part of a plan to finance a US$2 trillion economic overhaul
20 hours ago
South Korean President Lee calls for harsher penalties after Coupang data breach
The company’s CEO endures hours-long grilling for shocking data loss
20 hours ago
Apac PE executives are the least fazed by geopolitical uncertainty in dealmaking: report
Chloe Lim - Only 30% view it as a top threat, compared with 60% in Emea and 49% globally
20 hours ago
Three-storey industrial facility at 5 Tampines Industrial Drive for sale at $13 mil
Jovi Ho - A modern three-storey single-user general industrial building located at 5 Tampines Industrial Drive is up for sale at approximately $13 million via a private treaty, according to exclusive marketing agent CBRE. Situated on a plot of land measuring approximately 50,619 sq ft with a remaining lease t ...
21 hours ago
Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain
Chong Xin Wei - Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value
21 hours ago
Elevate Capital-LaSalle JV buys Raffles Education Square for S$121.8 million
Chong Xin Wei - The property at 51 Merchant Road is being sold by Raffles Education at about 78% over book value
21 hours ago
Raffles Education sells corporate building for S$121.8 million
Chong Xin Wei - The property at 51 Merchant Road is being sold at about 78% over book value to an unnamed real estate player
21 hours ago
AirAsia founder urges Airbus to re-look software tests
The budget carrier is a major customer of Airbus, which is facing fallout from a weekend software glitch
21 hours ago
Apple faces multimillion-euro Dutch antitrust damages claims after EU's top court ruling
BRUSSELS, Dec 2 : Apple can be sued in a Dutch court for antitrust damages, Europe's highest court said on Tuesday, backing two foundations seeking potentially hundreds of millions of euros in compensation for users affected by the iPhone maker's alleged anti-competitive conduct related to ...
21 hours ago
Apple can be sued in a Dutch court for antitrust damages, EU's top court says
BRUSSELS, Dec 2 : Apple can be sued in a Dutch court for antitrust damages, Europe's highest court said on Tuesday, backing two foundations seeking compensation for users affected by the iPhone maker's alleged anti-competitive conduct related to its App Store.The case came before the Luxem ...
21 hours ago
EU Court rules Dutch courts can handle a anti-trust case against Apple's App store
BRUSSELS, Dec 2 : The Court of Justice of the European Union on Tuesday ruled the Dutch tribunals have jurisdiction over a case brought against Apple's App Store by two local foundations over alleged anticompetitive conduct.Apple had contended a Dutch court did not have jurisdiction as the alle ...
21 hours ago
Outspoken short seller Michael Burry shorts Tesla over valuation and Musk pay plan, Fortune says
The move extends Burry’s bearish stance on highly valued tech stocks
21 hours ago
Michael Burry shorts Tesla on valuation and Musk pay plan, Fortune says
The move extends Burry’s bearish stance on highly valued tech stocks
21 hours ago
Explainer-What is India's politically contentious Sanchar Saathi cyber safety app?
NEW DELHI, Dec 2 : India's mandate requiring smartphone makers to preload a state-owned cyber safety app on all new devices has triggered a political firestorm, fanning fears of government snooping in the world's most populous nation.The app, called Sanchar Saathi, or Communication Partner ...
21 hours ago
BOE cuts banks’ benchmark capital requirements ahead of review
This could free up extra lending and higher payouts to shareholders
21 hours ago
Jupiter Asset Management to expand outside the UK, including Singapore
Genevieve Cua - It has registered seven funds in the Republic, of which four are income-generating funds
21 hours ago
Travel platform Klook to delay US listing until early 2026: sources
The company expects investors to be more receptive to an IPO once the holidays are over
22 hours ago
Evolve Capital highlights Old Chang Kee’s need of fresh growth catalysts in un-rated report
Teo Zheng Long - Evolve Capital analyst, Ethan Aw, in his Nov 28 un-rated report, highlights Old Chang Kee’s needs for fresh growth catalysts in light of the broader slowdown in the F&B sector. In the recent 1HFY2026 earnings, Old Chang Kee’s revenue growth was flat at only 0.2% y-o-y, with both outlet and n ...
22 hours ago
Fearing AI job losses, some young workers in Britain shift towards skilled trades
LONDON, Dec 2 : In a labour market where artificial intelligence is quickly transforming and sometimes replacing jobs, student Maryna Yaroshenko wanted to find a future-proof career that offered long-term stability.Like a growing number of young people in Britain and beyond, 18-year-old Yaroshenko o ...
23 hours ago
Exclusive-Apple to resist India order to preload state-run app as political outcry builds
NEW DELHI, Dec 2 : Apple does not plan to comply with a mandate to preload its smartphones with a state-owned cyber safety app and will convey its concerns to New Delhi, three sources familiar with the matter said, after the government's move sparked surveillance concerns. The Indian government ...
23 hours ago
Apple to resist India order to preload state-run app as political outcry builds
NEW DELHI: Apple does not plan to comply with a mandate to preload its smartphones with a state-owned cyber safety app and will convey its concerns to New Delhi, three sources said, after the government's move sparked surveillance concerns and a political uproar.The Indian government has confid ...
23 hours ago
Concern as India orders phone manufacturers to preload government app
NEW DELHI: India has ordered smartphone makers to pre-install a government-run cybersecurity app that cannot be removed, a move that has raised concerns about users' privacy.The country has a massive 1.16 billion mobile phone users, according to government data from 2024, and authorities say th ...
23 hours ago
Samsung unveils first multi-folding phone as competition set to heat up
The Galaxy Z TriFold unfolds into a 10-inch (253.1-millimetre) display using three panels and is nearly 25 per cent larger than Samsung's latest foldable Galaxy Z Fold 7 model.
23 hours ago
S$3b money laundering case: 8 companies in Singapore blacklisted over their links to 2 fugitives
[SINGAPORE] Eight companies in Singapore have been blacklisted and barred from business dealings over their links to two fugitives who allegedly played key...
23 hours ago
$3b money laundering case: 8 companies in Singapore blacklisted over their links to 2 fugitives
SINGAPORE – Eight companies in Singapore have been blacklisted and barred from business dealings over their links to two fugitives who allegedly played...
24 hours ago
OCBC shares continue record-breaking streak to hit S$18.95 as wealth unit shines
[SINGAPORE] OCBC shares surged further to another new high on Wednesday (Dec 3) after a record-breaking performance on Tuesday.
24 hours ago
OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago