18 hours ago
Japan’s Nikkei share average sets record high as AI disruption fear eased
[TOKYO] Japan’s Nikkei share price average set a record high on Wednesday as investor apprehension over artificial intelligence disruption eased while the...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
18 hours ago
Aspial Corp H2 profit rises 34% on subsidiary’s strong performance but no dividend declared
Shikhar Gupta - Majority-owned Aspial Lifestyle’s full-year profit more than doubles; paying H2 dividend of S$0.008 per share
18 hours ago
Aspial Corp H2 profit rises 34% on strong Aspial Lifestyle performance
Shikhar Gupta - This is driven by its majority-owned subsidiary, which saw full-year profit more than double
18 hours ago
South Korea’s Kospi stock index tops 6,000 for first time
The index has risen 43 per cent so far this year
18 hours ago
Stocks to watch: OCBC, Sembcorp, Genting Singapore, Ho Bee Land, SBS Transit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 25):
19 hours ago
Sembcorp reports $984 mil FY2025 net profit attributable to shareholders; proposes final dividend of 16 cents
Lin Daoyi - For FY2025 ended Dec 31, Sembcorp Industries has reported $984 million in net profit attributable to shareholders, a y-o-y dip of 4%, as the gain from the divestment of SembEnviro was offset by the foreign exchange loss on the deferred payment note. On a diluted basis, earnings per share was 54.71 c ...
19 hours ago
Aspial Lifestyle FY2025 net profit after tax jumped 142% y-o-y to $84.4 mil
Teo Zheng Long - Aspial Lifestyle (SGX: 5UF ) has reported a net profit after tax of $84.4 million for FY2025, ended Dec 31, which represent an increase of 142% y-o-y. The bottom line improvement was attributed on retail margin expansion, improved operating expense effectiveness and lower interest costs. Revenue saw ...
19 hours ago
Clint closes private placement of 124.2 million new units at S$1.208 per unit
Shikhar Gupta - It will use the S$150 million raised to partially fund two buildings in Bengaluru, India
19 hours ago
Sembcorp H2 profit dips 5% to S$448 million
Deon Loke - Lower earnings from gas and related services contribute to decline
19 hours ago
Sembcorp H2 profit falls 5% to S$448 million
Deon Loke - Earnings per share for the half-year stands at S$0.25, down from S$0.2652 in 2024
19 hours ago
Sembcorp posts 5% dip in H2 profit; eyes growth with data centres’ energy appetite
Sharanya Pillai - The company hopes to capture demand from Singapore’s latest call for applications for data centres
19 hours ago
Stoneweg Europe Stapled Trust H2 DPS dips 3.1% to 0.06837 euro
Shikhar Gupta - Net property income rises 2.7% to 67.4 million euros
19 hours ago
Japan's services inflation steady, signals wage-driven price pressure
TOKYO, Feb 25 : A leading indicator of Japan's services sector prices rose 2.6 per cent in January from a year earlier, data showed on Wednesday, a sign rising wages from a tight labour market continued to pile inflationary pressure on the economy.The increase in the services producer price ind ...
19 hours ago
US sets initial duties on Indian solar imports at 126%
While the levies are set to benefit domestic manufacturers, they also will pinch American renewable developers
19 hours ago
Lendlease REIT to acquire remaining 30% of PLQ Mall; launches $196.6 mil rights issue priced at 55.8 cents each
The Edge Singapore - Lendlease Global Commercial REIT to acquire the remaining 30% interest in PLQ Mall it does not already own, further boosting its exposure to Singapore assets. To fund the acquisition, the REIT is launching an underwritten non-renounceable preferential offering to raise $196.6 million by issuing near ...
19 hours ago
Stoneweg Europe Stapled Trust reports FY2025 DPS of 13.39 Euro cents, 5.1% lower y-o-y
Teo Zheng Long - Stoneweg Europe Stapled Trust (SGX: SET ) (SERT) has reported a distribution per stapled security (DPS) of 13.39 Euro cents for FY2025 ended Dec 31, 5.1% lower y-o-y. Gross revenue for FY2025 was up by 0.8% y-o-y to EUR214.6 million while net property income (NPI) rose 2.5% y-o-y to EUR134.4 million ...
19 hours ago
China has not yet received any Nvidia H200 chips, US official says
For now, shipments of the chips remain stalled over guardrails built into the process
20 hours ago
New US tariff starts at 10%, Trump administration working to hike it to 15%
The move added to confusion surrounding US trade policy
20 hours ago
OCBC's FY2025 earnings down 2% to $7.42 bil; total allowances down 4%
The Edge Singapore - Oversea-Chinese Banking Corporation has reported 4QFY2025 earnings of $1.745 billion, an increase of 3% y-o-y, bringing full-year earnings to $7.42 billion, down 2%. Total income for the year reached $14.6 billion, up 1% from FY2024. Net interest income for the year was down 6% to $9.15 billion whil ...
20 hours ago
Apple’s touch-screen MacBook Pro to have Dynamic Island, new interface
The software will also display the most appropriate set of controls based on users’ prior interaction
20 hours ago
Nikkei set to breach 60,000 milestone by mid-2027 on earnings growth, foreign inflows: Reuters poll
TOKYO, Feb 25 : Japan's Nikkei share average will probably gain only marginally through June before it pushes past the key psychological 60,000 mark by the middle of next year, a Reuters poll of equity strategists showed.The benchmark index, up over 13 per cent so far this year, has been suppor ...
20 hours ago
OCBC Q4 profit up 3% to S$1.75 billion; declares S$0.42 per share dividend
Renald Yeo - It is also proposing a special dividend of S$0.16 per share, lifting its total FY2025 dividend payout to 60% of net profit
20 hours ago
OCBC’s new CEO Tan Teck Long pivots to Asean, wealth integration in new growth road map
Renald Yeo - For 2026, he expects total income to be ‘stable to growing’, primarily through double-digit non-interest income growth
20 hours ago
OCBC Q4 profit up 3% at S$1.75 billion, but full-year earnings slip
Renald Yeo - It declares a final dividend of S$0.42 per share and a special dividend of S$0.16 per share
20 hours ago
Watch live: Donald Trump’s State of the Union address
The annual speeches have historically had little impact on financial markets but Trump’s unpredictability fans uncertainty
20 hours ago
Investors brace for a State of the Union speech that may fuel anxiety
The annual speeches have historically had little impact on financial markets but Trump’s unpredictability fans uncertainty
20 hours ago
Budget 2026 repositions SMEs for long-term tough environment: DBS
Paige Lim - The bank’s group head for corporate and SME banking highlighted AI, internationalisation, workforce transformation and financing as four key areas the government...
20 hours ago
Firmer palm oil prices lift SGX agri stocks ahead of H2 results, but Indonesia risks cloud outlook
Benicia Tan - Market watchers expect the strong streak from earlier in FY2025 to continue, but individual companies face potential downside risks
20 hours ago
Asia’s trade corridors face “significant growth” with Asean among main beneficiaries: Citi
Chloe Lim - Trade flows from North and East Asia to the Asean and South Asia regions rose by 44% between 2019 and 2024
20 hours ago
Budget 2026 helps SMEs reposition for long-term competitiveness amid fragmented global environment: DBS
Paige Lim - The bank’s group head for corporate and SME banking highlighted AI, internationalisation, workforce transformation and financing as four key areas the government...
20 hours ago
Two Federal Reserve officials do not see imminent need to change monetary policy
TWO Federal Reserve officials on Tuesday signalled no near-term appetite to change the setting of central bank interest rate policy.
21 hours ago
Australia's WiseTech to slash 2,000 jobs as AI ends 'era of manually writing code'
Feb 25 : Logistics software firm WiseTech Global said on Wednesday it would cut about 2,000 jobs over the next two years, in what could mark one of the largest artificial intelligence-related workforce reductions by an Australian company to date.Shares of the company, which also announced an estimat ...
21 hours ago
Australia's WiseTech Global plans 2,000 job cuts amid AI-led revamp
Feb 25 : Australian logistics software firm WiseTech Global said on Wednesday it would lay off about 2,000 people over the next two years as it adopts artificial intelligence across its software and internal operations.The layoffs would affect around 29 per cent of WiseTech's global workforce a ...
21 hours ago
AI disruption prompts Australia's WiseTech to cut a third of global workforce
Feb 25 : Australian software firm WiseTech Global will axe about 2,000 jobs, nearly a third of its global workforce, in a two‑year restructuring that could rank among the country's largest artificial intelligence-linked job reductions.Shares of the company, which announced an estimate-beating ...