23 hours ago
CATL overtakes PetroChina in market value as green bets ramp up
The battery maker now ranks as China’s third-largest onshore stock
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
23 hours ago
Power price hikes held at bay with Singapore landlords, hotel operators buffered by locked-in rates
Chong Xin Wei - Even as energy costs soar amid the Middle East war, real estate asset owners say the impact will be limited
23 hours ago
Far East Hospitality finds its niche while going ‘asset-light’
Jovi Ho - Global hotel chains are expanding through management and franchise contracts, a model now spreading to regional operators looking to boost fee income while limiting capital exposure. Can Far East Hospitality do the same? The “asset-light” strategy adopted by local corporate giants like CapitaLan ...
23 hours ago
Air Liquide to invest $236 million in Japan to support next-generation AI chip production
April 16 : Air Liquide said on Thursday it would invest 200 million euros ($236 million) in Japan to build, own and operate two new industrial gas production units in Hiroshima, under a long-term agreement with a global semiconductor leader expanding its advanced chip manufacturing capacity.The Fren ...
23 hours ago
Japan sees private credit as a policy pillar despite overseas market turmoil
TOKYO, April 16 : Japan's financial regulator sees private credit as a potential key pillar of its new strategy to meet rising corporate funding demand driven by a surge in M&A activity, a senior official told Reuters, despite turbulence in overseas private credit markets. The move reflects ...
24 hours ago
DBS thinks ‘lodging powerhouse’ Far East Orchard could divest $1.1 bil in non-core assets
Jovi Ho - Far East Hospitality (FEH), the focus of this week’s cover story on City & Country, is a 70:30 joint venture between Mainboard-listed Far East Orchard (FEO) and The Straits Trading Company. As at March 10, the thinly traded FEO is 63.61%-owned by Far East Organization, the largest private prop ...
24 hours ago
Zara owner Inditex reports unauthorised access to transaction databases
April 16 : Zara owner Inditex said it had identified unauthorised access to databases hosted by a third party containing information on transactions with customers.The databases do not contain customer data, addresses, passwords, or bank card details, Inditex said in a statement late on Wednesday, a ...
24 hours ago
Samsung asks court to block labour unions from holding a strike
SEOUL, April 16 : Samsung Electronics asked a court to block its South Korean labour unions from holding a strike, MoneyToday reported on Thursday. Unionised workers at Samsung last month voted to authorise strike plans and threatened to walk out for 18 days from May 21, should they fail to agree on ...
1 day ago
TSMC’s profit surges 58% on AI-driven chip demand
The chipmaker makes the vast majority of the world’s most advanced semiconductors
1 day ago
Malaysia’s Petronas to supply excess fuel to Australia as leaders vow closer energy ties
The South-east Asia country is widely considered as a global leader in halal processing due to its established certification standards
1 day ago
Hyundai Motor's US sales chief has left the company, Automotive News reports
SEOUL, April 16 : Michael Orange, the Hyundai Motor executive responsible for sales in all of the automaker's seven U.S. regions, left the company on Tuesday, Automotive News reported. The automaker was not immediately available for comment.
1 day ago
As Singapore squeezes, Malaysia tempts F&B operators across the Causeway
Restaurant groups are looking to Malaysia for cheaper space and a longer runway, but operators say lower costs do not make it...
1 day ago
TSMC Q1 profit jumps 58% to record, beats expectations
TAIPEI, April 16 : TSMC, the world's largest contract chipmaker, posted a 58 per cent jump in first-quarter net profit on Thursday, beating market forecasts and hitting a record, as it benefits from huge appetite globally for its artificial intelligence processors.Taiwan Semiconductor Manufactu ...
1 day ago
TomTom's reorganization boosts operating profit in Q1
April 16 : Dutch digital mapping specialist TomTom reported on Thursday higher than expected operating profit for the first-quarter of the year despite lower revenue following an internal reorganization.Its earnings before interest and taxes (EBIT) came in at 13.8 million euros ($16.3 million), abov ...
1 day ago
Trump’s quest for more sway over Fed faces fresh hurdles
If the US Senate does not confirm Jerome Powell’s successor by May 15, the Fed chair said he will continue on as...
1 day ago
Singapore developers deepen long-term bet on Vietnam
Ry-Anne Lim - Key drivers include its young and more well-educated workforce, as well as a growing middle class
1 day ago
Thailand rushes to secure oil, fertiliser as Strait of Hormuz remains shut
Despite talk of a US-Iran ceasefire extension, policymakers are still on high alert in South-east Asia
1 day ago
US House to weigh penalties on AI model copying by Chinese firms
Known as the Deterring American AI Model Theft Act, the bill is set to be considered by the House Foreign Affairs Committee...
1 day ago
China’s US$51 trillion savings help bonds to outperform during war
With credit demand still weak, banks have limited scope to expand lending
1 day ago
British investor Fred Blackford builds $500 million stake in Bytedance, FT reports
April 16 : Fred Blackford, a British tech investor who heads Future Positive Global, has accumulated a stake worth more than $500 million in TikTok-owner ByteDance, he told FT in an in interview published on Thursday.
1 day ago
BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll
TOKYO, April 16 : The Bank of Japan will raise its benchmark rate to 1.00 per cent by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a hike this month or in June seen as equally likely amid uncertainty over the fallout from the Iran war.Markets are struggli ...
1 day ago
Singapore semicon firms not yet feeling the pinch from Iran energy crisis: industry body
Tessa Oh - But a prolonged crisis could eventually squeeze manufacturing margins
1 day ago
SIA’s dividend capacity will be curtailed if it injects more than expected fund into Air India, says analyst
Tay Peck Gek - The Indian airline racks up a wider-than-expected annual loss of more than 220 billion rupees (S$3 billion) for FY2026
1 day ago
Vietnam rushes biofuel rollout as Iran war prompts energy pivot
The move follows similar drives in Indonesia and Thailand
1 day ago
CGSI reinforces bullish call on UMS Integration with higher target price
Lin Daoyi - Among the stocks to outperform the Straits Times Index (STI) this year is semiconductor equipment manufacturer UMS Integration. Closing at $1.79 on April 15 and accounting for the 1-for-4 bonus share issue, the counter has risen by around 57% since the start of 2026, compared to the STI’s 8% gain. ...
1 day ago
SBS Transit shares rally past S$4 on bumper dividend, stronger cash flow visibility
Derryn Wong - Analysts say the expected total dividend of nearly S$0.50 per share implies a 14.4% yield
1 day ago
Malaysia plans to use tycoon Aminul Islam’s new migrant worker system
Bestinet already operates a software system called the Foreign Workers Centralised Management System, or FWCMS
1 day ago
Tokyo record leads Asia stocks higher as Iran peace hopes grow
Asian equities tracked Wall Street, which also saw all-time peaks.
1 day ago
Beyond manufacturing: Vietnam’s ‘Doi Moi 2.0’ opens up new investment options and challenges
Mindy Tan - Businesses in the country are adopting a ‘move-and-adjust strategy’ amid fluid global developments
1 day ago
Keppel wins centralised cooling system contract for 9 BTO Tengah projects
Therese Soh - It will design, install and operate residential cooling systems which are more energy-efficient
1 day ago
HDB awards Keppel centralised cooling system contract for 9 BTO projects in Tengah
Therese Soh - It will design, install and operate residential cooling systems which are more energy-efficient
1 day ago
China’s factory output rises 5.7% in March, retail sales growth slips to 1.7%
[BEIJING] China’s industrial output rose 5.7 per cent in March from a year earlier, slowing from 6.3 per cent growth in January-February,...
1 day ago
Iran war brings US close to net crude exporter for first time since World War Two
HOUSTON, April 15 : The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyers scrambling to replace Middle East supplies cut by the Iran war.The U.S. and Israel's war ...
1 day ago
Musk's staff reaches out to suppliers for Terafab project, Bloomberg News reports
April 15 : Elon Musk's staff have reached out to chip industry suppliers including Applied Materials, Tokyo Electron and Lam Research for his Terafab AI chip complex project with SpaceX and Tesla, Bloomberg News reported on Wednesday. Reuters could not immediately verify the report.