22 hours ago
Aims Apac Reit trustee issues S$150 million perpetual securities at 4.1%
Deon Loke - The perps are issued under a S$750 million multicurrency debt issuance programme started in November 2018
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
22 hours ago
Oil prices rise as investors assess force majeure at Kazakhstan's Tengiz oilfield
LONDON, Jan 21 : Oil prices rose on Wednesday as investors assessed a temporary shutdown at two large fields in Kazakhstan, expectations of a build in U.S. crude inventories and fresh geopolitical tension tied to U.S. tariff threats in its bid to gain control of Greenland.Brent futures gained 20 cen ...
22 hours ago
Oil prices dip on supply build expectations, Greenland tension
LONDON, Jan 21 : Oil prices dipped on Wednesday as investors assessed expectations of a build in U.S. crude inventories, a temporary shutdown at two large fields in Kazakhstan and fresh geopolitical tension tied to U.S. tariff threats in its bid to gain control of Greenland.Brent futures were down 1 ...
22 hours ago
Oil prices fall on supply build expectations, Greenland tension
LONDON, Jan 21 : Oil prices fell on Wednesday as expectations of a build in U.S. crude inventories outweighed a temporary shutdown at two large fields in Kazakhstan and fresh geopolitical tension tied to U.S. threats of tariffs over its bid to gain control of Greenland.Brent futures were down 55 cen ...
22 hours ago
Oil prices tick up as investors assess force majeure at Tengiz oilfield
LONDON, Jan 21 : Oil prices rose on Wednesday as investors assessed a temporary shutdown at two large fields in Kazakhstan, expectations of a build in U.S. crude inventories and fresh geopolitical tension tied to U.S. tariff threats in its bid to gain control of Greenland.Brent futures gained 11 cen ...
22 hours ago
Oil prices tick up as investors assess force majeure at Kazakh field
HOUSTON, Jan 21 : Oil prices were little changed on Wednesday as optimism around tighter supply after a temporary shutdown at two large fields in Kazakhstan was offset by expectations of a build in U.S. crude inventories.Brent futures were up 6 cents, or 0.1 per cent, to $64.98 a barrel at 11:33 a.m ...
22 hours ago
Oil prices edge higher on force majeure at Kazakh field, slow Venezuela exports
HOUSTON, Jan 21 : Oil prices rose on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields in Kazakhstan and as a low volume of Venezuelan oil exports highlighted slow progress in reversing output cuts in the South American country.Brent futures were up 40 cents, ...
22 hours ago
Netflix co-CEOs go on defensive over $83 billion Warner Bros deal
Jan 21 : Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on the backfoot.The streaming pioneer's decision to plunk down nearly $83 billion on Warner Bros' assets marks a significant departure from the company's long-stand ...
22 hours ago
Netflix CEOs on back foot in defense of $83 billion Warner Bros bid
Jan 21 : Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on the backfoot.The streaming pioneer's decision to plunk down nearly $83 billion on Warner Bros' assets marks a significant departure from the company's long-stand ...
22 hours ago
Netflix defends Warner Bros bid as shares drop on tepid results
Jan 21 : "YouTube is not just user-generated content and cat videos anymore," Netflix CEO Ted Sarandos said on Tuesday.Making a compelling case for why the streaming giant wanted Warner Bros Discovery's studio and streaming assets, Sarandos noted how tech giants such as Alphabet' ...
22 hours ago
AIMS APAC REIT issues $150 mil 4.10% subordinated perpetual securities
Nicole Lim - AIMS APAC REIT (AAREIT) has issued $150 million 4.10% subordinated perpetual securities under its $750 million multicurrency debt issuance programme. The perpetual securities are known as Series 005 Perpetual Securities, with DBS, OCBC and UOB as the joint lead managers and bookrunners for the issua ...
22 hours ago
Singapore stocks extend declines amid geopolitical uncertainty; STI down 0.4%
Tan Nai Lun - On a positive note, the iEdge Singapore Next 50 Index gained 0.3% or 4.96 points to 1,484.99
22 hours ago
Info-Tech Systems expects to report 'considerable increase' in earnings for full year 2025
Nicole Lim - Info-Tech Systems says that it is expected to report a “considerable increase” in earnings for the FY2025 ended Dec 31, 2025, compared to the same period a year ago. This expected increase is mainly attributable to higher Academy training revenue arising from stronger demand particularly in the ...
22 hours ago
Global energy giant Engie pulling out of startups in Singapore and the region
Chloe Lim - It is offering all its interests held through an Asia-Pacific VC unit for sale
22 hours ago
Singapore unveils inaugural list of 300 employers recognised for career, wage progression
Low Youjin - The Singapore Opportunity Index assesses employers across key workforce outcomes such as hiring, retention and gender parity
22 hours ago
Aberdeen adviser unit hit by outflows over UK Budget uncertainty
Its clients pulled out £2.5 billion in the three months till December, against £500 million in the previous period
22 hours ago
Exclusive-Meta's new AI team delivered first key models internally this month, CTO says
DAVOS, Switzerland, Jan 21 : Meta Platforms' new artificial intelligence lab has delivered its first high-profile AI models internally this month, the company's chief technology officer said on Wednesday.At a press briefing on the sidelines of the World Economic Forum's annual meeting ...
22 hours ago
Exclusive-Meta's new AI team has delivered first key models internally this month, CTO says
DAVOS, Switzerland, Jan 21 : Meta Platforms' new artificial intelligence lab has delivered its first high-profile AI models internally this month, the company's chief technology officer said on Wednesday.At a briefing on the sidelines of the World Economic Forum's annual meeting in Da ...
22 hours ago
ASTI Holdings raises gross proceeds of $3.2 mil from placement exercise; trading suspension since 2022 lifted
Nicole Lim - ASTI Holdings has completed its placement exercise of 128 million new ordinary shares at 2.5 cents per share, raising gross proceeds of $3.2 million. At the same time, the company has announced the resumption of its trading on Jan 22, 9am, after two years of trading suspension. The group says that t ...
23 hours ago
European telcos to get unlimited radio spectrum under EU draft law
BRUSSELS, Jan 21 : Europe's telecoms operators will get a major boost under a European Commission proposal announced on Wednesday, allowing them to use radio spectrum for an unlimited duration, but their demand that Big Tech be required to help fund the cost of rolling out broadband went unheed ...
23 hours ago
China’s hotels allege predatory pricing, forced exclusivity in Trip.com antitrust probe
The company controls about 56% of China’s online travel market
23 hours ago
Ley Choon receives SGX's nod for listing transfer to Mainboard
The Edge Singapore - Ley Choon Group Holdings has on Jan 20 received approval in-principle from the stock exchange to move its listing from the Catalist to the Mainboard. The company, which specialises in underground construction works, had on Jan 5 announced its bid to make this move. Ley Choon was first listed on the ...
23 hours ago
BI holds key rate at 4.75% as rupiah tumbles to record low
Elisa Valenta - Governor Warjiyo says that BI is prepared to use its ample foreign exchange reserves to defend the currency
23 hours ago
OCBC raises target price for ST Engineering to $10.90 on 'intact re-rating' story
The Edge Singapore - Chu Peng of OCBC Group Research has raised her target price for Singapore Technologies Engineering from $9.80 to $10.90 to reflect stronger confidence in its earnings growth trajectory. As one of the few leading defence proxies in this region, ST Engineering, with a third of its business defence-rel ...
23 hours ago
Malaysian anti-graft agency opens money laundering probe involving IJM
The confirmation of the probe comes just days after Sunway announced a US$2.71 billion takeover bid for IJM
24 hours ago
Lululemon pauses online sales of sheer leggings that are not ‘squat proof’
This is its latest setback as it tries to win back customers, revive growth, and find a new CEO
24 hours ago
Mainstream car COE rises 7.3%, large cars up 2.1% in post-motor show event
Derryn Wong - Most premiums go up, with only the commercial vehicle and Open category dipping
24 hours ago
Mainstream car COE rises 7.3%, large cars up 2.1% in post-motorshow event
Derryn Wong - Most premiums increase, with only the commercial vehicle and Open category dipping
24 hours ago
New index identifies top 300 employers in Singapore that support career growth
The Singapore Opportunity Index gives workers transparency, allowing them to choose employers that offer "pathways aligned with their own aspirations", said Manpower Minister Tan See Leng.
24 hours ago
Workers’ Party declines to nominate new Leader of Opposition, says party chief is de facto opposition leader
Tessa Oh - [SINGAPORE] The Workers’ Party (WP) will not be putting forward another Member of Parliament to serve as Leader of the Opposition, the...
1 day ago
Indonesia central bank keeps rates unchanged amid rupiah weakness
JAKARTA, Jan 21 : Indonesia's central bank held its key policy rates steady on Wednesday, as expected, saying the level was supportive of economic expansion while remaining consistent with its goal to anchor the rupiah, which hit a record low a day earlier.Bank Indonesia (BI) kept the benchmark ...
1 day ago
Netflix shares drop 7% in Europe after Q4 results
LONDON: Netflix shares listed in Frankfurt fell in early trade on Wednesday despite beating expectations for fourth quarter revenue and earnings, as the company remains locked in a fierce bidding war for Warner Bros Discovery. Netflix also told investors it would pause share buybacks to accumulate ...
1 day ago
Macquarie ranks Malaysia’s market as its top pick among 5 Asean countries
Lionel Lim - The Australian bank cites politics, currency strength and corporate capital expenditure
1 day ago
Malaysia's Maybank aims to mobilise $74 billion in sustainable finance by 2030
Jan 21 : Maybank plans to mobilise 300 billion ringgit ($74.00 billion) in sustainable finance over the next five years, Malaysia's largest lender by assets said on Tuesday. The move comes as part of the bank's new five-year strategy, ROAR30, till 2030, which includes achieving a return on ...