23 hours ago
Vin’s Holdings expects ‘significant improvement’ in H2 net profit
Shikhar Gupta - However, it forecasts full-year earnings to fall due to a first-half loss
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
23 hours ago
Oiltek’s profit after tax up 7.9% to nearly RM32 mil, proposes final dividend of 0.7 cents
Lin Daoyi - For FY2025 ended Dec 31, Oiltek International has reported profit after tax of RM31.98 ($10.29) million, representing a y-o-y increase of 7.9%. Adjusted for the 2-for-1 bonus share issue in 2025, earnings per share would be 7.45 sen, compared to 6.91 sen from the previous year. Despite higher overal ...
23 hours ago
Philippines’ digital banks chase profits as regulator ups the stakes
Both GoTyme and Tonik have said they aim to become net profitable in the next year
23 hours ago
PH digital banks chase profits as regulator ups the stakes
Both GoTyme and Tonik have said they aim to become net profitable in the next year
23 hours ago
Stocks to watch: CapitaLand Investment, F&N, Centurion Accommodation Reit, Wing Tai
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 11):
23 hours ago
Boeing plans to open fourth 737 production line in midsummer
The planemaker has started training workers to man the line
24 hours ago
CLI sinks into red with S$142 million H2 loss on China asset drag; operating profit up 30%
Therese Soh - Revaluation loss and impairments total over S$400 million; group to speed up action on China assets
24 hours ago
CapitaLand Investment sinks into the red with S$142 million H2 net loss on China asset drag
Therese Soh - Half-year operating profit up 30% at S$279 million
24 hours ago
CapitaLand Investment sinks into the red with S$142 million H2 net loss amid lower portfolio gains
Therese Soh - Half-year operating profit up 30% at S$279 million
24 hours ago
CLI posts S$142 million H2 loss on China revaluation losses, even as operating profit rises 30%
Ry-Anne Lim - Revaluation loss and impairments exceed S$400 million; the group will speed up action on China assets
24 hours ago
CLI posts S$142m H2 loss on China revaluation losses, even as operating profit rises 30%
Ry-Anne Lim - Revaluation loss and impairments exceed S$400 million; the group will speed up action on China assets
24 hours ago
Cloudflare forecasts annual sales above estimates as AI drives cloud demand
(Corrects paragraph 4 to say Clawdbot was renamed to OpenClaw and drops reference to Anthropic)Feb 10 : Cloudflare forecast annual and first-quarter sales above Wall Street estimates on Tuesday, betting on the rapid development of artificial intelligence technology to drive demand for its cloud serv ...
1 day ago
US says trade deal with India to include concessions on pulses
Farmers are one of the most influential voting blocs in the South Asian nation
1 day ago
Robinhood reports record quarterly revenue on retail trading strength
Transaction-based revenue rose to US$776 million
1 day ago
CapitaLand Investment's total patmi falls 70% y-o-y in FY2025 but operating Patmi gains 6%
The Edge Singapore - CapitaLand Investment’s (CLI) FY2025 operating patmi rose 6% y-o-y to $539 million. However, total patmi for the year ended Dec 2025 was down 70% y-o-y at $145 million compared with $479 million in FY2024, no thanks to lower portfolio gains and high revaluation losses from China, reflecting contin ...
1 day ago
Lyft’s storm-hit outlook, 2025 surprise operating loss send shares tumbling
Revenue in Q4 stood at US$1.59 billion, below estimates of US$1.76 billion
1 day ago
‘Pricey’ DBS can still be worth buying
Leslie Yee - Strong growth drivers support the local bourse’s leader
1 day ago
Budget 2026: Business chambers want more help for SMEs to internationalise, bigger automation grants
Tessa Oh - Industry groups say SMEs need sector-specific business matching in unfamiliar markets
1 day ago
Australia asks for meeting with Roblox after grooming, content complaints
The company could be fined up to A$49.5 million (S$44.3 million) if it doesn’t comply with the country’s online child protection laws
1 day ago
Coinbase CEO falls from list of world’s richest as crypto slides
Bitcoin is also down by about half since early October
1 day ago
Barbie maker Mattel’s grim annual forecasts, quarterly miss sink shares
MATTEL on Tuesday forecast full-year profit below Wall Street expectations after missing fourth-quarter estimates, as weak discretionary spending weighed on toy demand,...
1 day ago
Local regulators deny rezoning request for Pennsylvania data center development
Feb 10 : A county commission in Pennsylvania on Tuesday denied a request by Talen Energy to rezone hundreds of acres of land for the development of data centers, marking the latest example of local pushback hampering the U.S. expansion of server warehouses.The rejection by Montour County commissione ...
1 day ago
Ford’s quarterly earnings miss forecasts, CEO sees stronger year in 2026
The automaker posted revenue of US$45.9 billion in the fourth quarter, beating analysts’ expectations
1 day ago
Commonwealth Bank profit tops estimates on business loans
Shares of the country’s largest lender are down more than 15% from a record high in June
1 day ago
Oil prices steady as Iran-US tensions and US data eyed
[NEW YORK] Oil prices were little changed on Tuesday as the market waited for direction from news on diplomatic relations between the US...
1 day ago
CNA Explains: What's driving Singapore's exceptional economic growth, and can it last?
Singapore's economy has grown above 5 per cent for two consecutive years – a feat last achieved in 2010 and 2011.
1 day ago
Commentary: ‘King Dollar’ risks losing its crown to an Asian mutiny
Markets are already questioning the dollar’s exceptionalism, says Andy Mukherjee for Bloomberg Opinion.
1 day ago
European shares flat as insurance, energy losses offset luxury gains
EUROPE’S benchmark share index closed flat on Tuesday as investors weighed mixed corporate updates, with BP’s decision to suspend share buybacks offsetting...
1 day ago
US stocks: S&P 500, Nasdaq dip with economic data, earnings in focus
THE S&P 500 and the Nasdaq closed lower on Tuesday as investors digested disappointing retail sales figures and waited for a key...
1 day ago
Freshworks forecasts annual profit below estimates amid AI-driven software worries
Feb 10 : Freshworks forecast annual profit below Wall Street estimates on Tuesday, fanning investor concerns around business sustainability amid rapid artificial intelligence service development threatening the software industry. Shares of the company fell over 7 per cent in extended trading.While b ...
1 day ago
Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumbling
Feb 10 : Lyft forecast first-quarter adjusted core profit below expectations on Tuesday, hit by severe U.S. winter weather, seasonal cost pressures, and posted a surprise operating loss for 2025, sending its shares down 15 per cent in after-hours trading.The forecast marks a setback for the ride-hai ...
1 day ago
Lyft's storm-hit outlook, 2025 surprise operating loss send shares tumbling
Feb 10 : Lyft forecast first-quarter adjusted core profit below expectations on Tuesday as severe U.S. winter storms weigh on demand, and reported a surprise operating loss for 2025, sending shares down 14 per cent after hours.The results are a setback for Lyft's comeback narrative, capping a y ...
1 day ago
Blackstone boosts stake in AI startup Anthropic to about $1 billion, source says
Feb 10 : Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350 billion, a person familiar with the matter told Reuters on Tuesday.AI startups continue to attract heavy funding from global investors, driven ...
1 day ago
Stellantis seeks to exit battery venture with Samsung as EV losses mount, Bloomberg News reports
Feb 10 : Stellantis NV is looking to exit its U.S. battery joint venture with South Korea's Samsung SDI Co. as the automaker scales back its electric-vehicle ambitions, Bloomberg News reported on Tuesday, citing people familiar with the matter.Reuters could not immediately verify the report. St ...