2 days ago
China’s reawakening puts Asia M&A on confident course for 2026
The country-focused PE firms have also been hunting overseas.
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
ST Engineering expects positive H2 net profit
Therese Soh - If approved by shareholders, FY2025’s total dividend will be S$0.23 per share
2 days ago
ST Engineering guides for net profit for 2HFY2025
Kwan Wei Kevin Tan - ST Engineering has guided for a net profit for 2HFY2025 ended Dec 31. The technology, engineering and defence group says it is expecting a positive net profit after taking in all the one-off effects in 2HFY2025. On Nov 12, ST Engineering announced it had won contracts worth $4.9 billion in its 3QFY2 ...
2 days ago
Meta acquires Singapore-based startup Manus to bolster AI business
The startup sells its agent via a subscription service
2 days ago
Meta to acquire Singapore-based startup Manus, adding agents to bolster AI bet
AI agents are tools that do not need human supervision to perform specific digital tasks
2 days ago
Stocks to watch: ST Engineering, Keppel, Manulife US Reit
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 30):
2 days ago
Stocks to watch: Keppel, Manulife US Reit
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 30):
2 days ago
Stocks to watch: Keppel
Therese Soh - [SINGAPORE] The following company saw new developments that may affect trading of its securities on Tuesday (Dec 30):
2 days ago
How Miniso taps into the business of joy and emotional connections
The company has its roots in China, but it has now accumulated the most extensive cross-cultural experience in Asia
2 days ago
How Miniso tap into the business of joy and emotional connections
The company has its roots in China, but it has now accumulated the most extensive cross-cultural experience in Asia
2 days ago
Citigroup to take US$1.1 billion loss on Russian business unit sale
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia
2 days ago
Hyundai not in a position to buy back Russian auto factory: source
The market is now dominated by Chinese firms, which sold nearly one million cars in Russia in 2024 out of total sales...
2 days ago
South Korea November factory output weaker than expected
SEOUL, Dec 30 : South Korea's factory output was weaker than expected in November, data showed on Tuesday. The industrial output index rose 0.6 per cent from a month earlier on a seasonally adjusted basis, after falling 4.2 per cent in the previous month. That compared with a rise o ...
2 days ago
Unicorns likely to turn to private equity for financing: Preqin
Benjamin Cher - Private markets could reach US$32 trillion in AUM by 2030
2 days ago
Being a good asset manager is like conducting an orchestra: HSBC’s Lim Pang Qi
Tan Nai Lun - As HSBC Asset Management’s CEO for South-east Asia and Singapore, he ensures the bank’s teams gel and tracks changes in clients’ needs
2 days ago
Citi’s new Singapore chief Lee Lung-Nien on legacy and leading at home
Tan Nai Lun - ‘I want to be remembered as a good mentor,’ says the 35-year Citi veteran
2 days ago
Oil settles up over 2% on dented peace hopes in Ukraine, tensions in Yemen
Energy investors awaited data on US stockpiles for the week ended Dec 19
2 days ago
European stocks hit fresh record close as tech, staples drive post-holiday gains
Investor focus in this holiday-shortened week will be on Tuesday’s release of the minutes of the US Federal Reserve’s last meeting
2 days ago
US stocks end down as tech shares drop ahead of New Year
The S&P 500 has added about 17% so far this year
2 days ago
New private home prices to hit new highs in 2026 as supply tightens
Ry-Anne Lim - Fewer project launches and higher land costs could provide a boost, even as sales volumes ease
2 days ago
Britain's Octopus Energy to spin out Kraken at $8.65 billion valuation
Dec 29 : Britain's Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment firm D1 Capital Partners.Kraken supplies energy software to major utilities and energy groups, incl ...
2 days ago
UK’s Octopus Energy nears Kraken stake sale, Sky News reports
Dec 29 : Octopus Energy Group is close to selling a significant stake in its software unit, Kraken Technologies, in a deal that would value the business at $9 billion to $10 billion, Sky News reported, citing sources. Reuters could not immediately verify the report.
2 days ago
US stocks close below record highs, world indexes set for double-digit 2025 gains
NEW YORK, Dec 29 : U.S. stocks dipped on Monday and gold tumbled from all-time highs at the top of a holiday-shortened week.The three major U.S. stock indexes ended in negative territory, weighed down by a broad selloff, which was slightly mitigated by strength in some defensive sectors that have ...
2 days ago
US stocks ease from record highs, world indexes set for double-digit 2025 gains
NEW YORK, Dec 29 : U.S. stocks dipped on Monday and gold tumbled from record highs at the top of a holiday-shortened week.The three major U.S. stock indexes were weighed down by a broad selloff which was slightly mitigated by strength in some defensive sectors which have underperformed for much o ...
2 days ago
US stocks ease from record highs, world indexes headed for double-digit annual gains
NEW YORK, Dec 29 : U.S. stocks dipped on Monday and gold pulled back from record highs at the top of a holiday-shortened week.The three major U.S. stock indexes were weighed down by weakness in tech and materials stocks, while Treasury yields eased and the dollar hovered near its lowest in almos ...
3 days ago
SoftBank to buy DigitalBridge in US$4 billion deal to bolster AI infrastructure push
The investment firm funds digital infrastructure sectors such as data centres, cell towers, fibre networks and others
3 days ago
Blackstone’s AirTrunk is said to explore Singapore Reit IPO
Discussions with prospective advisers say the offering can raise more than US$1 billion, and take place as soon as 2026
3 days ago
Blackstone’s AirTrunk said to be exploring Singapore Reit IPO
Sources say the offering could raise more than US$1 billion and take place as soon as 2026
3 days ago
Addvalue issues 58 mil new shares after converting loan notes and warrants
Kwan Wei Kevin Tan - Satellite telecommunications company Addvalue Technologies says it is issuing 58 million new ordinary shares following the conversion of 29 million convertible loan notes (CLNs) and 29 million warrants. Both the CLNs and warrants are being converted at an exercise price of 1.3 cents, and the new sha ...
3 days ago
Wall St opens lower as rally pauses in final week of 2025
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Dec 29), as heavyweight technology stocks gave up some ground from last...
3 days ago
Verisk pulls plug on $2.4 billion AccuLynx deal after FTC review delay
Dec 29 : Data analytics firm Verisk said on Monday it had pulled the plug on its planned $2.35 billion acquisition of roofing software maker AccuLynx, pinning the termination on a regulatory review delay.Verisk said the decision follows a notification from the U.S. Federal Trade Commission ...
3 days ago
Verisk pulls plug on $2.4 billion AccuLynx deal
Dec 29 : Data analytics firm Verisk said on Monday it had pulled the plug on its planned $2.35 billion acquisition of roofing software maker AccuLynx.Verisk said the decision follows a notification from the Federal Trade Commission that it had not completed its review of the transaction by ...
3 days ago
Hooters restaurant in Clarke Quay to close after 30-year run
It filed for bankruptcy in Texas in March, reportedly struggling with rising costs, declining spending
3 days ago
Nvidia takes $5 billion stake in Intel under September agreement
Dec 29 : Nvidia has purchased Intel shares worth $5 billion, the American semiconductor firm said in a filing on Monday, carrying out a transaction announced in September. The leading AI chip designer said in September it would pay $23.28 per share for Intel common stock, in a deal that is ...