1 day 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
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day 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
1 day 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 ...
1 day 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, ...
1 day 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
1 day 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 ...
1 day 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� ...
1 day 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
1 day 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
1 day 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
1 day 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
1 day 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 ...
1 day 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
1 day 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.
1 day 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 ...
1 day 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 ...
1 day 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.
1 day 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
1 day 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
1 day ago
HDB launches EC site at Miltonia Close for sale
Chloe Lim - This comes amid the Yishun area undergoing ‘significant’ transformation
1 day ago
Innospace's rocket crashes in first commercial launch in Brazil; shares tumble
Dec 23 : South Korean satellite launch company Innospace on Monday launched the first commercial rocket from Brazil's Alcantara Space Center, a milestone for the firm and Brazilian aerospace ambitions that ended with a crash. The HANBIT-Nano vehicle lifted off at 10:13 p.m. Brazil time (011 ...
1 day ago
Rocket crashes in Brazil's first commercial launch; Innospace shares tumble
Dec 23 : The first-ever commercial rocket launched at Brazil's Alcantara Space Center crashed soon after liftoff late on Monday, dealing a blow to Brazilian aerospace ambitions and shares of South Korean satellite launch company Innospace.The rocket began its vertical trajectory as planned ...
1 day ago
Japan's fiscal woes may cause more yen falls, yield rises, says ex-BOJ policymaker
TOKYO, Dec 23 : Japan may face further yen declines and a relentless rise in bond yields driven by market concern over the government's expansionary fiscal policy, former central bank policymaker Seiji Adachi told Reuters.The yen has fallen despite the Bank of Japan's decision on Friday ...
1 day ago
Fu Yu’s largest shareholder Victor Lim reinstated as director of strategy, makes new bid for board membership
Therese Soh - Reinstatement is in view of his ‘ability to contribute to the group’, says company
1 day ago
Thai central bank, finance ministry to hold briefing on baht on Tuesday
BANGKOK, Dec 23 : Thailand's central bank chief, the finance ministry and the Securities and Exchange Commission will hold a briefing on the baht at 0630 GMT on Tuesday, the finance ministry said, following a surge in the currency.The baht has gained 10 per cent against the dollar so f ...
1 day ago
Wi-Fi 7: Why all enterprises should adopt this new Wi-Fi standard
Mustafa Kapasi - How often does the internet in your office fail on your team’s devices during an important meeting? How about the times the wireless printer or meeting room screens just cannot connect to your laptop because of “network errors”? As Singapore’s enterprises contend with soaring device counts, ...
1 day ago
Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts...
1 day ago
Rakuten AI boss diverges from big tech in prioritising low cost
RAKUTEN Group is expanding its AI team under the stewardship of a Google veteran and building models with a focus on cost...
1 day ago
Japan to back clean-energy users with $1.3 billion in investment subsidies
TOKYO, Dec 23 : Japan plans to provide 210 billion yen ($1.34 billion) to help companies that are using clean power to fund investments, in a push to boost demand for renewable energy and spur growth in regional areas, a government official said late on Monday.The subsidies are designed to help t ...
1 day ago
Straits Trading launches senior-living programme in Singapore, Malaysia
Therese Soh - It aims to build an integrated independent value-chain in the senior living business
1 day ago
Straits Trading launches senior living pilot in bid to grow independent living business
Therese Soh - It aims to build an integrated independent value-chain in the senior living business
1 day ago
Indonesia to sign final US trade deal in January, tariffs fixed at 19%
Elisa Valenta - Presidents Prabowo and Trump are set to sign the agreement in Washington, DC, in January
1 day ago
Waymo restarts robotaxis after San Francisco power outage paralysed fleet
The company said its cars are programmed to treat non-functioning traffic lights as stop signs, but the scale of the outage caused vehicles to remain stopped longer than usual.
1 day ago
Bank of Korea needs to remain wary of financial stability risks, board member says
SEOUL, Dec 23 : South Korea's central bank needs to remain wary of financial stability risks, such as heightened volatility in the won currency and upward pressure on house prices, a board member said on Tuesday. "Volatility is increasing in financial and foreign exchange markets with ...