23 hours ago
China’s Chery seeks to be ‘Toyota plus Tesla’ as it targets global expansion
The company’s global sales have surged in recent years, almost quadrupling from 2020 to 2025
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
23 hours ago
China’s state refiners seek to resume fuel exports after halt
The government has yet to announce any change to permits following the request
23 hours ago
Meta prepares to undo acquisition of Singapore-based Manus after China ban: report
Beijing has given the two firms a preliminary deadline of several weeks to reverse the transaction
24 hours ago
Google signs classified AI deal with Pentagon, The Information reports
April 28 : Alphabet's Google has signed a deal with the U.S. Department of Defense to use its AI models for classified work, the Information reported on Tuesday, citing a person familiar with the matter.Reuters could not immediately verify the report.
24 hours ago
Singapore-based Digital Edge weighs options including sale for up to US$10 billion: sources
The company provides data centre and fibre services in several countries in the Asia-Pacific region
24 hours ago
Thailand sees weaker growth, higher inflation on Middle East crisis
Headline inflation will average 3% this year, the top end of the central bank’s 1%-to-3% target range
24 hours ago
Chinese battery maker CATL signs first major sodium-ion deal for energy storage
BEIJING, April 28 : Chinese battery maker CATL has signed the first major deal for sodium-ion batteries, an emerging technology that promises a lower-cost, safer alternative to widely used lithium-ion batteries. CATL will ship 60 gigawatt-hours (GWh) of the batteries to energy storage system manufac ...
1 day ago
American Airlines sells US$1.14 billion in bonds for 32 planes
Airline results are being pressured now by higher oil prices
1 day ago
Chinese EV battery maker CATL rides green energy wave to raise US$5 billion in Hong Kong
The oil shock is quickening the global pivot to clean energy, a sector dominated by CATL
1 day ago
Indonesia train crash toll rises to 14 as rescuers complete evacuation
A women-only carriage bore the brunt of the crash
1 day ago
Why AI isn't fixing software developer burnout
Leonard Tan - For years, software development has been associated with long nights, complex integrations, and the relentless pressure to ship faster. When artificial intelligence (AI) entered the mainstream, many assumed it would finally ease the burden by automating repetitive tasks, accelerating coding, and red ...
1 day ago
China races to build record biobank to rival US drugs research
Beijing has equally begun to protect its own nascent databases, passing a biosecurity law in 2020
1 day ago
Japan government weighs golden share to maintain Tepco oversight, TV Tokyo says
TOKYO, April 28 : The Japanese government is considering a "golden share" plan for Tokyo Electric Power Co (Tepco) that would give it veto rights over key decisions as the utility seeks partners, TV Tokyo reported on Tuesday.The plan would involve creating an intermediate holding company f ...
1 day ago
BOJ keeps rates steady but hawkish split points to June hike
The central bank also sharply revises up its price forecasts and stresses vigilance to the risk of an inflation overshoot
1 day ago
Tng of CGSI raises ISDN's target price to 96 cents on resilient industrial automation business
The Edge Singapore - William Tng of CGS International has more than doubled his target price for ISDN Holdings from 44 cents to 96 cents, on the premise that the company's resilient industrial automation business will see further growth, therefore justifying a higher earnings multiple. In February, ISDN reported FY ...
1 day ago
US-sanctioned Chinese refiner Hengli restructures Singapore unit
Washington has also sanctioned shipping companies and tankers involved in the Iran oil trade
1 day ago
Chinese refiner Hengli, sanctioned by US, restructures Singapore unit: sources
Washington sanctions refinery unit for allegedly buying billions of dollars in Iranian oil
1 day ago
Investors react to BOJ's decision to hold rates
April 28 : The Bank of Japan kept interest rates steady on Tuesday but three of the nine-member board proposed hiking borrowing costs, signalling the bank's concern over inflationary pressures from the Middle East conflict.As widely expected, the central bank left unchanged its short-term polic ...
1 day ago
First LNG shipment since war began appears to exit Hormuz
The ship is estimated to reach the Asian country by May 15, the data shows
1 day ago
Crude extends gains as Trump considers latest Iran proposal
HONG KONG: Oil prices edged up and stocks wavered on Tuesday (Apr 28) as Donald Trump weighed an Iranian proposal that would reportedly reopen the Strait of Hormuz and end the eight
1 day ago
Will Hongkong Land seek to control the manager of Suntec Reit or the trust’s most prized properties?
Leslie Yee - Investing in a Reit where another group is the sponsor may be hardly optimal for the property giant
1 day ago
For the average price of a car in the US, you could buy 5 new Chinese EVs
[BEIJING] Call it a different kind of sticker shock.
1 day ago
OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports
April 27 : OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center spending, the Wall Street Journal reported on Monday, citing people familiar with the matter. Here are a few d ...
1 day ago
UOBKH's Koh maintains 'buy' call and $1.16 target price on UI Boustead REIT following Japan logistics project
The Edge Singapore - Jonathan Koh of UOB Kay Hian has kept his "buy" call and $1.16 target price on newly-listed UI Boustead REIT after it announced its first co-development project. According to the REIT on April 24, it has taken a 24.26% effective interest in the co-development project UIB Konan Phase 3 to b ...
1 day ago
SIA’s Air India intervention a ‘capability transplant’ crucial to its long-term play: analysts
Shikhar Gupta - External headwinds have likely pushed the break-even mark for Singapore Airlines’ investment towards 2030
1 day ago
Bank of Singapore strengthens family office, wealth advisory team to support UHNW demand
Therese Soh - Ultra-high-net-worth clients are a ‘key growth segment’, says the bank
1 day ago
BOS strengthens family office, wealth advisory team with new appointments to support UHNW demand
Therese Soh - Ultra-high-net-worth clients are a ‘key growth segment’, says the bank
1 day ago
Denso drops Rohm buyout after failing to win chipmaker's backing
NAGOYA, Japan, April 28 : Japanese auto parts manufacturer Denso said on Tuesday it had withdrawn its offer to buy chipmaker Rohm after failing to secure the company's support for a deal that could have been worth up to $8.3 billion.The move marks a retreat for Denso, a key supplier to Toyota, ...
1 day ago
Toyota supplier Denso expects full-year profit drop, withdraws Rohm buyout offer
NAGOYA, Japan, April 28 : Japan's Denso, a major supplier to Toyota, said on Tuesday it expects operating profit in the financial year that began this month to fall from the prior year, citing uncertainty over the Middle East and higher investment spending. The world's second-largest auto ...
1 day ago
Toyota supplier Denso expects FY 2027 profit drop on Middle East uncertainty, spending
NAGOYA, Japan, April 28 : Japan's Denso, a major supplier to Toyota, said on Tuesday it expects operating profit in the financial year that began this month to fall from the prior year, citing uncertainty over the Middle East and higher investment spending. The world's second‑largest aut ...
1 day ago
Singapore’s corruption-related reports reach new low in 2025, continuing downward trend since 2021
Lee U-Wen - Construction, manufacturing, transportation and storage are the main industries vulnerable to corruption, says CPIB
1 day ago
Singapore sees fewer corruption-related reports made in 2025, continuing downward trend since 2021
Lee U-Wen - Construction, manufacturing, transportation and storage are the main industries vulnerable to corruption, says CPIB
1 day ago
China’s Anta mounts India comeback as bilateral ties improve
The sportswear maker’s return comes as Indian consumers show renewed appetite for Chinese brands
1 day ago
Bank of Japan set to keep rates steady as Iran war clouds outlook
It will be the first among a flurry of central banks seen as keeping policy steady this week