Back in business: ASTI Holdings’ clean comeback from suspension to resumption
Teo Zheng Long - Not all companies that delisted from the exchange did so because their controlling shareholders lost patience with the persistent, perceived undervaluation of their businesses. Some were asked by the Singapore Exchange (SGX) to delist for reasons ranging from failure to comply with regulations to li ...
Human-driven cars may go the way of cycle rickshaws
Nirgunan Tiruchelvam - I first arrived in Singapore in 1997. In those days, Boat Quay was packed. The area had been gentrified, and the filthy shophouses had been converted into bars and restaurants. At the edge of Boat Quay, there would be a row of cycle rickshaws waiting for customers. The rickshaw riders were old men w ...
450 investors granted Singapore PR under Global Investor Programme over 10 years
Tessa Oh - About S$500 million of their funds has been invested directly in Singapore-based businesses
450 high-net-worth investors granted Singapore PR under Global Investor Programme from 2015 to 2025
Tessa Oh - About S$500 million of their funds is invested directly in Singapore-based businesses
GDI launches with ambition to shape Asean governance
Kwan Wei Kevin Tan and Felicia Tan - The newly launched corporate governance body GDInstitute (GDI) may be only months old, but founder Mak Yuen Teen says the idea for the non-profit goes back decades. “Actually, 20 years ago, there were a few directors who approached me and said they had some unhappiness with the existing director ...
Gold steady as investors weigh progress in US-Iran talks
Markets currently expect three 25-basis-point rate cuts from the Federal Reserve this year, according to CME’s FedWatch Tool
Next gen steers Vietnam’s US$1 billion sugar empire to go global - starting with three-person Singapore office
Jamille Tran - Chairwoman Dang Huynh Uc My is determined that sugar alone will not define AgriS’ future
Sweet succession: The heir rewriting Vietnam’s largest sugar empire
Jamille Tran - Dang Huynh Uc My is determined that sugar alone will not define AgriS’ future
The trade war just got a lot more complicated
Manu Bhaskaran - There’s never a dull moment in world trade these days, certainly not since US President Donald Trump unleashed his trade war last April. Last week’s US Supreme Court judgement invalidating much of his tariffs will impede the president’s trade strategy, but Trump is undeterred, vowing during hi ...
Revitalising Singapore’s equity market: What the MAS package fixes and doesn’t
Lee Ooi Keng - Singapore’s equity market staged a convincing rally last year. The Straits Times Index (STI) rose 22.7%, turnover surged 21% to nearly $1.5 billion daily, and IPO proceeds reached US$2.5 billion ($3.15 billion), a forty-fold jump from 2024’s dismal US$64 million. These numbers seemed to vindicat ...
Local horses aplenty to make this a ‘no horse run’ year
Chew Sutat - Among Singapore’s army boys, “no horse run” refers to the especially fleet-footed among them. The uniquely Singapore phrase, a direct translation from Hokkien bo beh zao, which came from the horse-racing crowd, used to refer to incomparable thoroughbreds in a league of their own. The Turf Club ...
Why the AI boom is creating memory chip shortages
Assif Shameen - Can you guess the best-performing stock market in the world this year? Or the planet’s top market last year? South Korea’s Seoul bourse is the far-and-away leader — up 39.4% in the eight weeks so far this year, 139% over the past 12 months and 151% since January last year. The massive rally ov ...
Meta signs multi-billion-dollar deal to rent Google AI chips: report
The Facebook owner has also signed a deal with Nvidia to buy its current and future AI chips
Shares of property players rise on higher earnings; UOL up 6.3%, CDL gains 4.4%
Deon Loke - UOL’s H2 net profit rises 21% while CDL’s was up over four times to S$538.5 million
Local start-up Aires targets compliance-driven quantum encryption market
Nurdianah Md Nur - While it remains unclear when a large-scale quantum computer might be able to break today’s encryption, regulators are not waiting. The G7 has urged financial institutions to prepare for quantum-safe migration. In February 2024, the Monetary Authority of Singapore (MAS) issued an advisory highligh ...
An economic survey from the supermarket shelf
Daryl Guppy - I love visiting and exploring Chinese supermarkets. Let me explain. Flying to a conference event in China is often not as simple as arriving, attending and departing. Due to flight schedules, there is often additional “free” time before and after the conference, as well as after the endless roun ...
Oil heads for weekly decline as US, Iran extend talks
Feb 27 : Oil prices inched down on Friday and were on track for a weekly decline after the United States and Iran extended nuclear talks, easing concerns about potential hostilities that could disrupt supply, while OPEC+ may resume output hike at its Sunday meeting.Brent crude futures lost 5 cents t ...
Oil prices edge lower after US, Iran extend talks
(Corrects to add keywords for media subscribers)By Nicole JaoFeb 26 : Oil prices fell on Friday and were on track for a weekly decline after the United States and Iran extended talks over the OPEC member's nuclear programme, easing concerns about potential hostilities that could disrupt supply.
Oil prices rise more than 2% as US and Iran extend talks into next week
LONDON, Feb 27 : Oil prices rose more than 2 per cent on Friday as traders remained on alert for potential supply disruptions after the United States and Iran extended nuclear talks. Brent crude futures advanced by $1.49, or 2.1 per cent, to $72.24 a barrel by 1230 GMT while U.S. West Texas Intermed ...
Oil prices rise 2% as US and Iran extend talks into next week
LONDON, Feb 27 : Oil prices rose more than $1 on Friday as traders remained on alert for potential supply disruptions after the United States and Iran extended nuclear talks. Brent crude futures advanced by $1.38, or 1.95 per cent, to $72.13 a barrel by 1110 GMT while U.S. West Texas Intermediate cr ...
Oil prices rise as US and Iran extend talks into next week
LONDON, Feb 27 : Oil prices rose on Friday but were on track to finish the week relatively flat after the United States and Iran extended nuclear talks, easing concern over potential hostilities and supply disruption, while OPEC+ could raise output at its meeting on Sunday.Brent crude futures rose 8 ...
Oil heads for weekly decline as US and Iran extend talks
LONDON, Feb 27 : Oil prices rose on Friday but remained on track for a weekly decline after the United States and Iran extended nuclear talks, easing concern over potential hostilities that could disrupt supply, while OPEC+ could raise output at its meeting on Sunday.Brent crude futures rose 28 cent ...
Panama officials search CK Hutchison's subsidiary office, source says
Feb 26 : Panamanian authorities conducted a search of a local office belonging to a unit of Hong Kong conglomerate CK Hutchison office, a source familiar with operation told Reuters on Thursday. The person said the search was not related to the current dispute over the Panama Canal ports.Panama' ...
Tariffs and the economy after the US Supreme Court ruling
Alec Phillips, Elsie Peng and David Mericle - On Feb 20, the US Supreme Court ruled against the tariffs the Trump Administration imposed under the International Emergency Economic Powers Act (IEEPA), in a 6-3 decision. This includes the “reciprocal” tariffs applied on trading partners at various rates as well as tariffs applied to Canada, C ...
AEM surges for second day running; DBS raises target price to $3.30; Maybank upgrades call from 'sell' to 'buy'
The Edge Singapore - AEM Holdings is surging for a second day with bullish upgrades from analysts following signs that it is winning meaningful new revenue from a new customer and no longer as reliant on its long time key customer. Besides reporting better than expected FY2025 earnings, AEM is guiding for higher FY2026 ...
The power of pieces: From fractional horses to digital tokens
Christopher Forbes - Imagine owning something incredibly valuable: a racehorse, a mansion, or a bar of solid gold. For most of history, if you wanted to own one of these things, you had to buy the whole thing yourself. If you couldn’t afford it or didn’t want the risk, you were simply out of luck. This all-or-nothin ...
Yangzijiang Shipbuilding rises nearly 10% on higher H2 profit
Therese Soh - Its H2 earnings rose 24.6% year on year to 4.5 billion yuan (S$827.4 million)
Yangzijiang Shipbuilding rises 10.7% on improved earnings; hits record in intraday trade
Therese Soh - CGSI lifts its target price to S$4.95, a 14.1 per cent premium above its Friday closing price
Dell expects AI server revenue to double in fiscal 2027 on data centre boom
Big tech firms are expected to spend at least US$630 billion to build AI infrastructure this year
Seatrium delivers vessel to Maersk for Empire Wind project targeted by Trump’s stop work order
Therese Soh - The vessel will advance the wind farm’s mission to deliver clean and reliable energy to 500,000 homes
Seatrium delivers wind turbine installation vessel to Maersk Offshore Wind for Empire Wind project
Therese Soh - The vessel will advance the wind farm’s mission to deliver clean and reliable energy to 500,000 homes
Seatrium delivers US$475 million vessel to Maersk for wind project targeted by Trump’s stop-work order
Therese Soh - The vessel was central to a now-resolved arbitration dispute between the two groups in late 2025
‘Might and mighty’ CICT sees more upgrades after FY2025 beat
The Edge Singapore - CapitaLand Integrated Commercial Trust (CICT) announced a positive beat for its distribution per unit (DPU) for FY2025 ended Dec 31, 2025, inspiring the market to lift its unit price from $2.38 before the results were announced to as high as $2.52 in the following days. The better showing was due to ...
Raffles Medical Group remains in the pink of health
Samantha Chiew - Raffles Medical Group (RMG) reported earnings of $70.6 million for its FY2025 ended Dec 31, 2025, an increase of 13.4% y-o-y, due to the combination of better performance from the hospital services and insurance businesses, as well as fair value gains on investment properties. Revenue increased 1.8% ...