3 days ago
BYD creates new Linghui sub-brand aimed at ride-hailing market
A version of the popular electric Qin Plus will be re-badged as the Linghui e5
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
LG Energy Solution says Q4 operating loss likely $83.8 million, missing expectations
SEOUL, Jan 9 : South Korean battery maker LG Energy Solution (LGES) said on Friday it expects to report a fourth-quarter operating loss of 122 billion won ($83.8 million), as weaker demand from makers of electric vehicles weighed on results. That compared with an LSEG SmartEstimate forecast ...
3 days ago
LG Energy Solution says Q4 operating loss likely 122 billion won, missing expectations
(Refiles to correct day in paragraph 1 to Friday, not Thursday)SEOUL, Jan 9 : South Korean battery maker LG Energy Solution said on Friday it expects to report a fourth-quarter operating loss of 122 billion won ($83.81 million), as weaker demand from electric vehicle-makers weighed on ...
3 days ago
Intel CEO meets with Trump, who hails gain in US chipmaker stake
So far, America has amassed a roughly 5.5% stake, with more set to be acquired
3 days ago
What will set Singapore’s young jobseekers apart in 2026?
The answer lies in a smarter blend of AI and human capabilities
3 days ago
China warns solar firms on monopoly risks amid consolidation bid
Measures such as raising industry standards and gradually phasing out subsidies are also likely to continue
3 days ago
China's consumer inflation scales 3-year high but deflation battle far from over
BEIJING: China's annual consumer price inflation accelerated to a 34-month high in December, but the full-year rate slumped to the lowest in 16 years while producer deflation persisted, backing market expectations for more stimulus to shore up soft demand.Imbalances in the US$19 trillion eco ...
3 days ago
China’s industrial buyers shun copper after prices hit record
Chinese industry accounts for half of global copper demand
3 days ago
Trump going after Venezuela shouldn’t have come off as a surprise
Kwan Wei Kevin Tan - The sudden and swift attack on Venezuela by the US on Jan 3 came as a surprise to many. This was coming from the administration of President Donald Trump, who was always eager to tout his anti-war credentials both on the campaign trail and while in office. During his second inaugural address on Jan ...
3 days ago
Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs
[SINGAPORE] Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, while investors girded for...
3 days ago
Singapore’s IPOs don’t usually ‘pop’ and that may not be a bad thing
Kwan Wei Kevin Tan - Last year was a bumper year for IPOs for the Singapore Exchange (SGX). The local bourse welcomed 13 listings, raising some $2.8 billion of capital in total. That is a huge jump from the four listings it recorded in 2024, which raised about $40.6 million of capital. One thing that didn’t change, ho ...
3 days ago
AI startup MiniMax jumps 54% in Hong Kong debut after US$619 million IPO
The startup is trying to one-up DeepSeek and OpenAI with consumer chatbots at home and abroad
3 days ago
MiniMax, China’s second ‘AI tiger’ to go public, doubles in value on Hong Kong debut
The listing, which raises HK$4.8 billion in its IPO to fund R&D, easily outshines a solid 13% climb in Thursday’s debut by...
3 days ago
MiniMax surges 109% in Hong Kong debut
The startup’s IPO debut outshines Zhipu AI, after raising HK$4.8 billion to fund research and development
3 days ago
IHH crafts strategy for India - again
Syafiqah Salim - Navigating the country’s business and political landscape, however, will be challenging for the healthcare group IHH Healthcare Bhd’s investment in Fortis Healthcare has been among the most complex overseas ventures ever undertaken by a Malaysian private healthcare group. But after seven years o ...
3 days ago
OCBC’s three themes for S-REITs in 2026, including six picks
Jovi Ho - Singapore REITs (S-REITs) underperformed the Straits Times Index (STI) and the MSCI Singapore Index for most of 2025, with the FTSE ST All-Share REITs Index delivering returns of 15.6% from the start of the year to Nov 25. In comparison, the STI returned 24.3% and the MSCI Singapore Index returned 2 ...
3 days ago
Local listing empowers Concord New Energy to seize ‘generational’ opportunity
Lin Daoyi - Concord New Energy is the first local listing of the year. Already trading in Hong Kong since 2007, CNE joins a growing roster of companies with secondary listings here. Its shares opened at 5.6 cents on Jan 6 and closed at 6.4 cents the following day. For the company, the secondary listing is an ...
3 days ago
OxPay’s new CEO steers a new trajectory from Singapore to Bhutan
Teo Zheng Long - In his more than 24 years with AXS, Chin Mun Chong has undergone several ownership changes. Through it all, AXS has adapted to shifting industry norms to become Singapore’s leading payments company. As the CEO of AXS, he could have stayed on and retired in the role. Yet, in June 2025, Chin joined ...
3 days ago
Earthworks and recycling lay the foundation for Reclaims Global’s next growth phase
Julian Wong - When a contractor finds themselves at the start of a construction project with an urgent problem — it could be a collapsing structure, a hidden foundation, or a timeline suddenly at risk — Reclaims Global CEO Tan Kok Huat shares that he is often the first person they reach. “People call us bec ...
3 days ago
The Fed’s six big challenges in 2026
Bill Dudley - In the coming months, markets will undoubtedly obsess over US President Donald Trump’s choice to lead the Federal Reserve and whether this will give him the control he seeks over interest rates. Yet that’s not the only challenge the world’s most powerful central bank will face in 2026. I see s ...
3 days ago
Is private equity really the cure for struggling NoonTalk Media?
Frankie Ho - When a loss-making listed company enters a strategic partnership promising what it calls value-generating opportunities, investors are entitled to look beyond the buzzwords. That scrutiny is especially warranted in the case of NoonTalk Media, which now finds itself partnering with privately-held Mer ...
3 days ago
Oil rises as concerns about supply disruptions in Venezuela, Iran increase
Jan 9 : Oil prices rose for a second day on Friday, set for their third weekly gain, on uncertainty about the future of supply from Venezuela and as Iranian unrest increases concerns about output there.Brent futures rose 44 cents, or 0.71 per cent, to $62.43 per barrel at 0203 GMT, while U.S. West T ...
3 days ago
Singapore’s F&B will not end up like Hooters
Nirgunan Tiruchelvam - Though I am a vegetarian, the Hooters outlet at Clarke Quay has been on my radar. I tend to walk past it on the way home. It serves fried chicken wings and beer. These unhealthy items are an ideal respite from the excesses of the evening. The outlet is placed at the edge of Clarke Quay. It is hard t ...
3 days ago
Oil advances on concerns about supply disruptions in Venezuela, Iran
SINGAPORE: Oil prices rose for a second day on Friday (Jan 9), up more than 1 per cent and set for their third weekly gain, on uncertainty about the future of supply from Venezuela and as Iranian unres
3 days ago
Gold falls as commodity index adjustments weigh ahead of US jobs data
Investors are looking to the non-farm payrolls data for monetary policy cues
3 days ago
A new age of nuclear proliferation? - Mohamed El Baradei
Mohamed ElBaradei - No longer is the threat posed by nuclear weapons even tenuously contained by mutually agreed rules and accepted norms. Instead, it is returning with a vengeance, pushing us all to the edge of the abyss. For the first time since the end of the Cold War, nuclear arsenals are growing, and the weapons t ...
3 days ago
The global economy’s hidden rebalancing
Marcello Estevão - This year, global growth is expected to be near 3.1%, almost the same as this year. To many observers, such steadiness suggests a world economy drifting sideways, neither slowing nor accelerating. But the stability implied by the headline figure is the product not of inertia, but of a rebalancing th ...
3 days ago
UOBKH rates top pick DBS a ‘buy’ on 5.6% yield
Shikhar Gupta - It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC
3 days ago
UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield
Shikhar Gupta - It also upgrades the overall banking sector to ‘overweight’ and has a continued ‘buy’ call for OCBC
3 days ago
AI’s power problem is being overthought, says Microsoft’s VP for energy
Nurdianah Md Nur - Concerns over artificial intelligence’s energy appetite are pushing some ideas to extremes. Some engineers, including those at Google, are planning for or testing solar-powered computing infrastructure in orbit. While the idea draws attention, it sidesteps more immediate constraints. For Bobby Hol ...
3 days ago
The China choice
Daryl Guppy - America’s New Year’s gift to the world is unprecedented instability, with the potential collapse of the global rules-based order. The impact on trade security cannot be underestimated or ignored. How China chooses to respond will shape global supply chains, business with and within China and the ...
3 days ago
Cathay Pacific seeks savings, cuts some jobs in efficiency push
The airline has said that it plans to hire 3,000 people this year, pushing headcount beyond the 34,000 at the end of...
3 days ago
JP Morgan downgrades OCBC to 'neutral' with positives priced in
The Edge Singapore - Oversea-Chinese Banking Corporation (OCBC) (SGX: O39 ) shares dipped slightly this morning after JP Morgan downgraded its call from "overweight" to "neutral", as the various positives driving the gain of nearly 20% in the past 6 months have been priced in. As at 9.39 am, OCBC sha ...
3 days ago
Investing in Singapore’s energy transition
Lin Daoyi - Energy is “fundamental” to powering the nation’s economy, the Energy Market Authority (EMA), Singapore’s energy regulator, says. It keeps households running day to day and underpins business and industrial activity. In a 2023 report, the International Energy Agency (IEA) found that total ene ...