2 days ago
Indonesia’s major telco Indosat Ooredoo Hutchison enters JV to build fibre infrastructure
Lionel Lim - Venture with Arsari Group and Northstar Group will allow Indosat to monetise its fibre assets
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Singapore stocks inch up on inflation forecast; STI gains 0.6%
Navene Elangovan - The iEdge Singapore Next 50 Index rises 0.2% or 2.38 points to 1,447
2 days ago
Japan to test mine rare-earth mud from deep seabed
TOKYO: Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1,900km southeast of Tokyo, from Jan 11 to Feb 14, the head of the government-backed project said on Tuesday (Dec 23). The operation will mark the world's first attempt to continuou ...
2 days ago
DBS and OCBC hit record highs; will the rally continue in 2026?
Both banks are set to close the year on a strong note, while UOB may need more time to overcome volatility
2 days ago
Autobahn-Shariot group reveals possible S$100 million investment, says it is solvent
Derryn Wong - Shariot could be hived off into a JV with potential investors; group plans to begin repaying debts in January as its liabilities...
2 days ago
Unwrapping 2025: Top 10 Singapore news events
Deon Loke - [SINGAPORE] ‘Tis the season to look back. As the curtain falls on 2025, The Business Times takes stock of a year punctuated...
2 days ago
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
Therese Soh - Agreement is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation
2 days ago
Toyota to recall over 55,000 US vehicles over loose inverter connection, NHTSA says
Dec 23 : Toyota is recalling 55,405 vehicles in the U.S. as bolt inside the inverter may not have been tightened properly, causing incomplete contact at the inverter terminal, the U.S. National Highway Traffic Safety Administration said on Tuesday.The remedy is currentl ...
2 days ago
Amazon's Zoox to recall 332 US vehicles over software error
WASHINGTON, Dec 23 : Amazon's self-driving unit Zoox said on Tuesday it is recalling 332 self-driving robotaxis because vehicles may cross the yellow center line and drive into or stop in front of oncoming traffic near intersections, the National Highway Traffic Safety Administration said.Zo ...
2 days ago
Amazon's Zoox to recall 332 US vehicles over software error, NHTSA says
Dec 23 : Amazon's self-driving unit Zoox is recalling 332 vehicles in the U.S. over an automated driving systems (ADS) software error, the U.S. National Highway Traffic Safety Administration said on Tuesday.Zoox recalled certain ADS equipped with software versions released before Decem ...
2 days ago
Mapletree Investments expands European logistics footprint with 34,852 sqm facility acquisition in Netherlands
Kwan Wei Kevin Tan - Mapletree Investments has acquired a 34,852 sqm modern logistics facility in the Netherlands, the group announced on Dec 23. The facility is located within Roosendaal’s Business Park Borchwerf I, one of the Netherlands’ most established logistics hubs. It is also sited within Roosendaal’s tran ...
2 days ago
Citigroup, Daiwa are latest to expand Japan dealmaking teams
This is due to hostile takeovers no longer being taboo, and private equity and activist investors are more prominent
2 days ago
Earnings, rates and AI spending could drive returns: Klay Group
Samantha Chiew - The investment playbook for 2026 looks set to hinge on two questions: can corporate earnings broaden beyond a narrow set of winners, and can portfolios withstand renewed rate volatility as markets reprice central bank leadership and fiscal risk. Across equities, fixed income, commodities and currenc ...
2 days ago
Seatrium reassures project revenue recognition for nearly-completed Empire Wind 1 and Revolution Wind projects in US
Lin Daoyi - Seatrium says that revenue is being recognised for its nearly-completed US offshore wind projects — Empire Wind 1 and Revolution Wind — even as the sector is hit by a government suspension. "The projects are on progressive milestone payments and revenue would be recognised as per usual prac ...
2 days ago
Mapletree acquires logistics facility in the Netherlands for 32.3 million euros
Deon Loke - Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries
2 days ago
Mapletree acquires logistics facility in the Netherlands
Deon Loke - Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries
2 days ago
Samsung Electronics unit Harman to acquire ZF Group's ADAS business for $1.8 billion
SEOUL, Dec 23 : Samsung Electronics said on Tuesday its unit Harman International has agreed to acquire German automotive supplier ZF Friedrichshafen's advanced driver assistance system (ADAS) business for 1.5 billion euros ($1.77 billion). Samsung said the deal will allow Harman to se ...
2 days ago
Six CPF-related changes in 2026: Higher contribution rates for platform and senior workers
Kwan Wei Kevin Tan - Platform and senior workers can expect to make higher contribution rates to their Central Provident Fund, or CPF accounts next year. The adjustments are part of several changes Singapore’s state-run pension system announced that it will be making in 2026. “Marking 70 years of service this year, ...
2 days ago
Gold sets 50th daily record this year on rate-cut bets and geopolitical risk
Gold has risen 70% this year, driven by strong central-bank buying and inflows into bullion-backed ETFs
2 days ago
Thailand eyes measures on 'huge' gold trading volumes amid baht surge
BANGKOK, Dec 23 : Thailand's finance ministry plans to study a tax on online gold trading and will look at measures to limit gold trading volumes, a senior official said, amid a surge in the baht currency. The baht has gained 10 per cent against the dollar so far this year to become Asia� ...
2 days ago
Thailand eyes measures on 'huge' gold trading amid baht surge
BANGKOK, Dec 23 : Thailand's finance ministry is considering a tax on online gold transactions and will explore measures to limit trading volumes by the biggest traders, officials said on Tuesday, as they try to tackle a surge in the baht currency. The baht has gained by 10.3 per cent against ...
2 days ago
End-buyer of Seatrium-Maersk vessel caught in Trump’s stop-work order
Shikhar Gupta - Empire Offshore Wind’s farm is set to use Seatrium’s wind vessel at centre of recent legal tussle with a Maersk unit
2 days ago
Seatrium customer in legal tussle hit by Trump’s stop-work order on wind farms
Shikhar Gupta - Empire Offshore Wind’s farm is set to use Seatrium’s wind vessel which was involved in a legal tussle with a Maersk unit
2 days ago
Vessel in Seatrium-Maersk settlement hit by Trump’s stop-work order on wind farms
Shikhar Gupta - Singapore offshore marine company says it is monitoring situation closely
2 days ago
PIDG, August Energy look to fill gap for ‘patient capital’ in South-east Asian clean energy
Sharanya Pillai - Their US$30 million joint venture will focus on Thailand, Vietnam and the Philippines
2 days ago
Amazon says it has blocked 1,800 North Koreans from applying for jobs
SEOUL: US tech giant Amazon said it has blocked over 1,800 North Koreans from joining the company, as Pyongyang sends large numbers of IT workers overseas to earn and launder funds.In a post on LinkedIn, Amazon's Chief Security Officer Stephen Schmidt said last week that North Korean workers ha ...
2 days ago
Huawei’s Maextro S800 becomes China’s top-selling US$100,000 car
The company has emerged as a dominant force in the country’s auto industry
2 days ago
Indonesia tightens second-hand clothing import ban, hitting sellers and thrifty shoppers
Indonesia officially banned second-hand clothing imports in 2022 for economic and health reasons, but enforcement has been patchy.
2 days ago
China pledges to step up urban renewal, stabilise housing market in 2026
BEIJING: China will step up urban renewal and efforts to stabilise its property market in 2026 at the start of its latest Five-Year Plan (2026-2030), according to a readout of a housing policy conference released on Tuesday (Dec 23).The conference, held in Beijing on Dec 22-23, mapped out key hou ...
2 days ago
Pakistan draws three bids in second televised privatisation for national carrier PIA
KARACHI, Dec 23 : Pakistan received three bids in a televised auction for state carrier Pakistan International Airlines on Tuesday as the government attempts to push through a long-delayed reform demanded by the International Monetary Fund.The auction is Pakistan's second televised attempt at s ...
2 days ago
Singapore’s core inflation stays flat at 1.2% in November
Overall inflation also remained unchanged at 1.2 per cent, mainly due to accommodation and core inflation remaining unchanged.
2 days ago
Singapore’s core, headline inflation hold steady at 1.2% in November
Elysia Tan - Official forecasts for 2025 also remain unchanged, at 0.5% for core inflation, and 0.5 to 1% for headline inflation
2 days ago
HDB launches EC site at Miltonia Close in Yishun for sale
Chloe Lim - It will be the first such development next to the new housing area Orchid Country Club is set to become
2 days ago
HDB launches EC site at Miltonia Close for sale
Chloe Lim - This comes amid the Yishun area undergoing ‘significant’ transformation