1 day ago
ECB reviews claims Deutsche Bank downplayed financial risks
It underplayed risks in its balance sheet and gave misleading picture of its financial health
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Shell and Ferrari sign long-term green power supply deal
Power purchase agreements are rising in Italy as manufacturers lock in energy costs and secure green power
1 day ago
uSmart initiates ‘hold’ on Kimly due to stagnant income growth
Samantha Chiew - uSmart is initiating coverage on Kimly with a “hold” and 40 cents target price. Analyst Eng Thiam Choon notes that Kimly is one of Singapore’s largest traditional coffee shop operators, generating majority of its revenue from its food retail division, selling mixed vegetable rice, dim sum, zi ...
1 day ago
Singapore court clears way for US$2.7 billion suit against Standard Chartered over alleged role in 1MDB fraud
SINGAPORE: A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1MDB fraud, liquidators seeking to recover the funds said
1 day ago
UK financial sector makes slow progress on preparations for new settlement system
40% of respondents in a survey say they will miss an interim deadline of Dec 31, 2026
1 day ago
uSMART initiates ‘buy’ on Starhill Global REIT with target price of 67 cents
Teo Zheng Long - uSMART’s Eng Thiam Choon has initiated “buy” on Starhill Global REIT with a target price of 67 cents. In his report dated Nov 25, Eng mentioned that Starhill Global REIT continues to demonstrate operational resilience through proactive lease renewals, asset enhancement initiatives, and prudent ...
1 day ago
UK’s Domino's Pizza CEO steps down as strategy shift takes hold
The move comes as the chain broadens its focus beyond core pizzas to drive growth in a tough market
1 day ago
More regulatory support is needed to encourage the use of transition credits in Asean’s decarbonisation process
Janice Lim - [SINGAPORE] The energy transition momentum in South-east Asia has reached a milestone, as a coalition of partners convened by the Monetary Authority...
1 day ago
Xiaomi founder Lei Jun’s HK$100 million share purchase sparks stock rebound
The move lifts Lei’s stake to 23.26%
1 day ago
Lion Global launches Singapore’s first physical gold fund with min. investment amount of $1
Daoyi Lin - Investors in Singapore may start investing in Singapore’s first physical gold fund launched by Lion Global, with MariBank customers being able to start investing from as low as $1 on the digital bank's app. Gold prices shot through the roof in 2025, reaching an all time high of more than US$4 ...
1 day ago
Polish antitrust watchdog investigates Apple over privacy policy
WARSAW :Poland's anti-monopoly office UOKiK is investigating whether Apple is restricting competition in the mobile advertising market through its privacy policy, it said on Tuesday.The regulator suspects that the tech giant's App Tracking Transparency (ATT) framework, introduced in iOS 14 ...
1 day ago
Sri Trang Gloves’ production facilities in flood-hit areas in Thailand temporarily suspended
Therese Soh - The dual-listed group says it is working to ensure that operations continue with minimal business impact
1 day ago
Shell agrees to buy 100,000 barrels of petrol from Indonesia's Pertamina amid shortage
[JAKARTA] Fuel retailer Shell has agreed to buy 100,000 barrels of petrol from Indonesia’s state energy firm Pertamina, the country’s deputy energy...
1 day ago
European defence stocks slide on Ukraine peace talks, but Morningstar says investors overreacting
Jovi Ho - The White House says US President Donald Trump is “optimistic that a deal can be struck” to end Russia’s war in Ukraine following talks in Geneva, Switzerland. US and Ukraine negotiators have reportedly drawn “an updated and refined peace framework”, removing some of Russia’s demands fro ...
1 day ago
ABN Amro to cut 5,200 jobs by 2028
It wants to cut costs and optimise capital allocation to boost profitability
1 day ago
Lincotrade & Associates to raise $2.2 mil via 10 mil share placement
Felicia Tan - Lincotrade & Associates is looking to raise $2.2 million by placing 10 million shares at 22 cents per share. The company entered into a placement agreement with SAC Capital on Nov 24. The proposed placement is not underwritten and will not be undertaken by way of an exempt offering per Section 2 ...
1 day ago
OCBC’s Lion Global Investors launches Singapore’s first physical gold fund
Chloe Lim - It seeks to track the performance of London Bullion Market Association Gold Price AM
1 day ago
OCBC’s Lion Global Investors launches Singapore’s first insured physical gold fund
Chloe Lim - It seeks to track the performance of London Bullion Market Association Gold Price AM
1 day ago
Amova to launch 2 EQDP funds focusing on local small- mid-caps
Samantha Chiew - Amova Asset Management (previously Nikko AM), one of the six appointed asset managers that will launch fund strategies under the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme (EQDP), will be launching two new funds in the first quarter of 2026. One of the funds is Sin ...
1 day ago
Ringgit comeback rekindles Malaysians’ wanderlust
Tan Ai Leng - Travel platforms and money changers say the firmer currency is unleashing fresh demand
1 day ago
A stronger ringgit is giving Malaysians wanderlust again
Tan Ai Leng - Travel platforms and money changers say the firmer currency is unleashing fresh demand
1 day ago
A stronger ringgit is unleashing Malaysians’ demand for premium travel destinations, experiences
Tan Ai Leng - Travel platforms and money changers say the firmer currency is unleashing fresh demand
1 day ago
Singapore orders Apple, Google to prevent government spoofing on messaging services
Deon Loke - The tech companies must close security gaps on iMessage and Google Messages
1 day ago
Singapore orders Apple, Google to implement measures to prevent government spoofing on messaging apps by Nov 30
Deon Loke - The tech companies must close security gaps on iMessage and Google Messages
1 day ago
CDL sells Osaka hotel to Blackstone-managed real estate funds for 14 billion yen
Therese Soh - The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts
1 day ago
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
Therese Soh - The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts
1 day ago
Philippines mulls rate cut to spur demand after scandal hit
The policymaking Monetary Board is scheduled to meet on Dec 11
1 day ago
WeRide trims losses as China’s robotaxi race gains momentum
The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region
1 day ago
Starbucks Malaysia operator sees business rebound after boycotts
The brand overhang from geopolitical tensions may continue suppressing demand in the near term, delaying a return to pre-boycott performance levels
1 day ago
CDL to divest Bespoke Hotel Osaka Shinsaibashi for $117 mil
Felicia Tan - City Developments Limited, through its indirect wholly-owned subsidiary, M&C Sakura TMK, has entered into a purchase and sale agreement with Real Estate funds managed by Blackstone, to divest the Bespoke Hotel Osaka Shinsaibashi in Japan for JPY14 billion ($117 million). CDL had acquired the hot ...
1 day ago
Asia: Markets advance as odds for another Fed rate cut grow
Tech firms have enjoyed a revival after suffering a period of selling in recent weeks
1 day ago
The new Bitcoin and Ethereum perpetual futures on SGX: How do they work?
Shikhar Gupta - They aim to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems
1 day ago
The new Bitcoin and Ethereum futures on SGX: How do they work?
Shikhar Gupta - They aim to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems
1 day ago
What are Bitcoin, Ethereum futures that just launched on SGX, and how do they work?
Shikhar Gupta - They aim to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems