21 hours 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
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
21 hours ago
Trump administration prepares for Warsh Fed chair nomination
Warsh previously served on the US central bank’s Board of Governors
21 hours 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
21 hours ago
Modest roar for Maybank’s new strategy as investors await capital management clarity
Adeline Paul Raj - Malayan Banking Bhd’s new five year strategy that was unveiled on Jan 20 had a moderate impact on the stock, with investors wanting clearer guidance from its upcoming earnings release on how else the bank can reward shareholders. Closing 1.8% higher at a fresh 12-month high of RM11.36 ($3.63) at t ...
21 hours ago
Doing what you’re told is no defence in Singapore’s capital markets
Frankie Ho - It’s one of the more uncomfortable positions a listed company can find itself in: doing exactly what it believed it was advised to do, raising the capital it said it would raise, and still being told thereafter that it had crossed a regulatory line. The irony of it all is that this outcome arose n ...
21 hours ago
Panama court voids CK Hutchison port contracts
The lawsuit to cancel the contracts was brought before the Panamanian high court last year on allegations that it was based on unconstitutional laws and that the Hong Kong business was not paying taxes.
21 hours ago
TSMC at the epicentre of the AI arms race
Assif Shameen - At the end of last month, 95-year-old legendary investor Warren Buffett stepped down as the CEO of Berkshire Hathaway, the storied investment firm he helmed for 60 years. The “Oracle of Omaha” made a ton of great investments in his career, including buying iPhone maker Apple 10 years ago and Coc ...
21 hours ago
Indonesia stock exchange CEO resigns after US$80 billion market rout
SINGAPORE: The head of Indonesia's stock exchange Iman Rachman has resigned, the exchange said on Friday (Jan 30), as the consequences of a warning from index provider MSCI of a possible downgrade that triggered a more than US$80 billion market rout continue to reverberate.The benchmark Jakarta ...
21 hours ago
Much ado about nothing
Chew Sutat - On Jan 20, 2025, Donald Trump was inaugurated for the second time. As the president of the world’s largest economy, Trump would, over the following year, to the aghast of allies, assert America’s new role as the world’s latest hegemon. One year on, Prime Minister Mark Carney of Canada, one of ...
21 hours ago
RWS ‘better positioned’ to win back high-rollers from MBS: DBS
Deon Loke - Integrated resort on Sentosa could attract higher-value traffic after renovations, launch of luxury hotel
21 hours ago
Indonesia stock exchange chief resigns after MSCI shock triggers market turmoil
Elisa Valenta - The sell-off has drawn swift reactions from global investors
22 hours ago
Will capital allocation shifts favour regional markets?
Manu Bhaskaran - Economic growth and asset valuations are driven by capital flows, which have been reshaped by the seismic shifts of the past year. The global political order has been upended, prompting countries and companies to reduce risk. As a result, supply chains are being reconfigured and new trade alliances ...
22 hours ago
Trump says he’ll announce Fed chair pick on Friday morning
He reiterated that the next leader of the central bank would lower interest rates
22 hours ago
China strategy without a touch of madness
Daryl Guppy - In the 36 Strategies of the Chinese, strategy 27 suggests a person should pretend to be insane while remaining smart. Knowingly or not, President Trump seems to follow this strategy particularly well. Business does not operate at the level of geopolitics, but the effects of this strategy create a di ...
22 hours ago
Asean: A dynamic gateway to income and growth
UOB Asset Management - Asean’s rising economic and geopolitical clout has rarely been more visible than in recent months. In October 2025, several world leaders including US President Donald Trump and Chinese Premier Li Qiang attended the 47th Asean Summit in Kuala Lumpur, engaging Asean leaders on issues from trade coo ...
22 hours ago
Seatrium — engineering the future of global energy
Raphael Lim - Seatrium and its subsidiaries deliver innovative engineering solutions across the global offshore marine and energy sectors. Headquartered in Singapore, the group brings over 60 years of experience in designing and building rigs, floaters, offshore platforms and specialised vessels, alongside ship r ...
22 hours ago
RHB keeps ‘buy’ on HRnetGroup, citing its ability in ‘adding more value to customers’
Teo Zheng Long - RHB Group Research’s Alfie Yeo is reiterating his “buy” call on HRnetGroup (SGX: CHZ ) with an unchanged target price of 85 cents. HRnetGroup recently announced that its human resources technology brand, Octomate, secured two contracts from Outward Bound Singapore (OBS) and Sentosa Development ...
22 hours ago
Basics of gold investing
Thiveyen Kathirrasan - In the previous article of this series, a general introduction to commodities was discussed. This article will focus on investing in gold and the key points investors should note before investing in this commodity. Gold is classified as a precious metal and a tradable commodity. In the context of in ...
22 hours ago
UBS’s Iqbal Khan says 2026 is going to be a year at the crossroads
Kwan Wei Kevin Tan - For most investors, 2025 was a year that ended better than expected. There was a lot to worry about, whether it be the impact of President Donald Trump’s “Liberation Day” tariffs or the geopolitical uncertainties that came from Israel and Hamas or Russia and Ukraine. All those concerns proved ...
22 hours ago
Penang’s rising horizon: E&O’s RM60 billion Andaman Island moves from homes to hubs
Tan Ai Leng - Penang’s iconic Gurney Drive gains a new neighbour with the recent opening of a second bridge linking Andaman to George Town
22 hours ago
Penang’s rising horizon: E&O’s RM60 billion Andaman project moves from homes to hubs
Tan Ai Leng - Malaysian state’s Gurney Drive gains a new neighbour with the opening of a second bridge linking the artificial island to George Town
22 hours ago
Foo of DBS raises target price for GuocoLand to $3.30
The Edge Singapore - Tabitha Foo of DBS Group Research has raised her target price for GuocoLand from $3 to $3.30 after it reported a 14% y-o-y jump in its 1HFY2026 earnings. At $85 million, GuocoLand's bottom line was 64% of Foo's full-year projection. She attributes this to lower-than-expected financing cost ...
23 hours ago
JPMAM urges portfolio rebalancing as 2026 tests investors
Samantha Chiew - Just when the market thought 2025 had been turbulent, 2026 is expected to be just as unsettled, if not more so. Even so, opportunities remain for investors who stay disciplined and anchored to sound fundamentals. “We are still talking about a very constructive backdrop,” says Raisah Rasid, globa ...
23 hours ago
Sandisk forecasts profit surge, secures supply deal as AI fuels storage demand
SAN FRANCISCO, Jan 29 : Sandisk on Thursday predicted profits and sales well above Wall Street estimates and extended a major supply agreement, riding a surge in artificial-intelligence-driven demand for data storage.The data storage firm forecast fiscal third-quarter revenue with a midpoint of $4.6 ...
23 hours ago
The time has come to shutter the World Economic Forum
Katharina Pistor - Canadian Prime Minister Mark Carney delivered a near-flawless speech about the past, present and future of the current world order. It is a text that will almost certainly be cited by future historians. The only problem was the venue: the World Economic Forum’s annual gathering of the rich and pow ...
23 hours ago
Festive cheers and new recycling scheme cast spotlight and shadow on beverage producers
Teo Zheng Long - With the upcoming festive celebrations, consumer spending could see an uplift. Besides tossing yusheng, more cans and bottles will be cracked open not only at dinner tables but also during house visits, boosting seasonal sales for beverage producers. However, in the name of sustainability, the gover ...
23 hours ago
UOL reaches record level with earnings upside, with residential sales plus value unlock opportunities
The Edge Singapore - Property stocks have been making decent gains amid prospects of further rate cuts, buoyed by a strong Singapore market. UOL Group, a component of the Straits Times Index, stands out for its gain of more than a quarter in the past month alone, reaching a record of $11.18 on Jan 27, following a call b ...
23 hours ago
ST Engineering gets a wave of higher target prices as order book hits new high
The Edge Singapore - Singapore Technologies Engineering (STE) on Feb 27 will report lower earnings in FY2025 ended Dec 31, 2025. Still, several analysts have further raised their target prices for this stock to new levels in tandem with an order book reaching a new record. The company ended last year with yet another bu ...
23 hours ago
Singapore may be ‘small’ by land, but big for Rolls-Royce
Lionel Lim - The city-state is responsible for about 90% of all the engine blades the British manufacturer makes annually
23 hours ago
Brokers' Digest: Info-Tech Systems, Centurion Corp, Raffles Medical Group, Coliwoo Holdings, Seatrium
The Edge Singapore - Info-Tech Systems Price target: CGS International ‘add’ $1.10 ‘Strong re-rating potential’ following post-IPO drop CGS International (CGSI) analysts Meghana Kande and Tan Jie Hui have maintained their bullish view of Info-Tech Systems, assigning an “add” rating and a $1.10 target price. ...
23 hours ago
Raffles Education unit’s land in China to be acquired by government for urban planning
Therese Soh - The group says it cannot currently assess the impact of the proposed respossession
24 hours ago
Stocks to watch: MPACT, Keppel DC Reit, NetLink NBN, CapitaLand Ascott, GuocoLand, Starhill Global, CDLHT, SGX
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 30):
24 hours ago
Mapletree Pan Asia Commercial Trust Q3 DPU rises 2.5% to S$0.0205
Jessie Lim - [SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Jan 30) posted a distribution per unit (DPU) of S$0.0205 for the third...
1 day ago
CDLHT’s FY2025 DPS down by 9.8% y-o-y to 4.8 cents
Felicia Tan - CDL Hospitality Trusts (CDLHT) has reported a distribution per stapled security (DPS) of 4.8 cents for the FY2025 ended Dec 31, 2025, 9.8% lower y-o-y, due to the decline in overall net property income (NPI). DPS for the 2HFY2025 inched up by 0.4% y-o-y to 2.82 cents. Total distribution to stapled s ...