1 day ago
Philippine economy can handle one more rate hike, central bank governor says
Economy slows dramatically late 2025 following a government probe into public works spending
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
From shampoo to cookies, consumer products get an AI makeover
L’Oreal, Nestle and Mondelez are among companies that have adopted the tech to create new offerings
1 day ago
Korean won’s 24-hour trading era begins with cheers, applause
The extended trading hours could boost the nation’s case for an upgrade to MSCI’s developed-market index
1 day ago
South Korean won’s 24-hour trading era begins with cheers, applause
The extended trading hours could boost the nation’s case for an upgrade to MSCI’s developed-market index
1 day ago
Oil falls after OPEC+ agrees to raise output targets
July 6 : Oil prices fell on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.Brent crude futures fell 41 cents, or 0.57 per cent, to $71.71 a barrel at 0942 GMT ...
1 day ago
Oil falls by more than 1% after OPEC+ agrees to raise output targets
July 6 : Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.Brent crude futures fell $1.02, or 1.41 per cent, to $71.10 ...
1 day ago
Oil prices little changed as Saudi cuts prices, OPEC+ boosts target
NEW YORK, July 6 : Oil prices were little changed on Monday, trading around pre-Iran war levels as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports through the Strait of Hormuz recovered further. Brent crude�
1 day ago
Oil prices steady at pre-Iran war levels
July 6 : Oil prices were stable around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices and after OPEC+ agreed to further increase its output targets from August, while exports from key producers via the Strait of Hormuz are recovering.Brent crude futures fell 4 cent ...
1 day ago
Why Singapore’s workforce needs both openness and a strong local core
Workplace integration must become a core economic capability to solve the country’s manpower crunch
1 day ago
Nvidia AI server delay report sends Asian tech stocks sliding
The stock declines showed investors are wary of any potential negative developments after big runups in AI-related stocks
1 day ago
UN chief warns AI is developing faster than rules can keep up
GENEVA, July 6 : The United Nations secretary general on Monday warned that AI is developing faster than anyone can keep up, urging the need for globally harmonised rules to reduce potential risks - especially to children. "A technology that can reshape economies, transform the world of work, s ...
1 day ago
Moody’s warns Asia-Pacific private credit expansion to slow
It notes that macroeconomic uncertainty, geopolitical tensions and elevated interest rates weigh on investor appetite for illiquid assets
1 day ago
Samsung appliance workers to stage a rally protesting chip workers' wage deal
SEOUL, July 6 : Workers in Samsung Electronics' smartphone, television and home appliance division will stage a rally on July 16, their union said, to protest the big bonuses the company's chip workers have negotiated. • Workers in the company's booming semiconductor division recent ...
1 day ago
ASM International names KPN's Chris Figee as new CFO
July 6 : ASM International, Europe's second-largest maker of semiconductor equipment, said on Monday it plans to nominate Chris Figee as its next chief financial officer.The Dutch company said the appointment will be submitted for shareholder approval at an extraordinary general meeting expecte ...
1 day ago
NSE said to start marketing US$3 billion India IPO next week
The exchange has appointed about 20 banks to work on the share sale
1 day ago
Asia is at forefront of Acadian Asset Management’s private-wealth push: CEO
Benjamin Cher - US firm is eyeing growing pool of HNWIs in region and investor demand for more institutional products
1 day ago
Singapore retail sales up 3% in May, missing forecasts
Low Youjin - Most retail sectors record year-on-year growth in sales
1 day ago
Hong Kong's Far East Consortium sells student housing to JD.com for $95.6 million
HONG KONG, July 6 : Hong Kong property developer Far East Consortium (FEC) said in a filing published on Monday that it has agreed to sell a student accommodation project to a unit of JD.com for HK$750 million ($95.63 million). • This is the second property JD.com has bought in Hong Kong in less t ...
1 day ago
ByteDance, Alibaba pull AI companions as Beijing tightens rules
In the US, tech platforms have come under intense legal scrutiny for similar features
1 day ago
Unease over Korea leveraged ETFs grows as lawmakers demand fix
Concerns about such ETFs, which potentially amplify volatility, are rising among policymakers and investors
1 day ago
US beef exports to China to pick up as rivals exhaust quotas
Brazil, Argentina and Australia were China’s top foreign suppliers in 2025
1 day ago
OCBC's Lim maintains Parkway Life REIT at 'add' following nursing home divestment
The Edge Singapore - Ada Lim of OCBC Group Research has maintained her "buy" call on Parkway Life REIT but with a slightly trimmed fair value of $4.80 from $4.82. The REIT, which focuses on healthcare properties, announced on June 30 the divestment of a nursing home in Japan to its operator for $9.4 million, w ...
1 day ago
Thailand's June headline CPI up 2.42% y/y, below forecast
BANGKOK, July 6 : Thailand's headline consumer price index rose by 2.42 per cent in June from a year earlier, following an annual rise of 2.79 per cent the previous month, the commerce ministry said on Monday.• The reading compared with a forecast increase of 2.79 per cent in a Reuters poll, ...
1 day ago
Goldman cuts yen forecast to 165 per US dollar, likes carry trades
The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg
1 day ago
Goldman cuts yen forecast to 165 per dollar, likes carry trades
The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg
1 day ago
RHB's Yeo raises target price for Sheng Siong to $3.59 on new store openings
The Edge Singapore - Alfie Yeo of RHB Bank Singapore has maintain his "buy" call and also raised his target price for Sheng Siong Group from $3.45 to $3.59 on expectations that earnings is growing from contributions from newly-opened stores. The supermarket chain operator opened 12 new stores in FY2025, and ea ...
1 day ago
China steps up financial risk cleanup under new top regulator
This underscores authorities’ increasing efforts to contain financial risks and strengthen market discipline
1 day ago
Samsung likely to post 18-times jump in profit on surging AI demand for memory
Analysts expect the memory market to remain undersupplied at least to next year
1 day ago
Does progressive payment for new projects fuel high new condo prices?
Leslie Yee - Buyers may be acting aggressively when considering purchases of uncompleted homes with a progressive payment scheme available, compared to resale units
1 day ago
Singapore, China should deepen cooperation in green transition, AI and ageing: Chee Hong Tat
Low Youjin - He says closer collaboration could benefit both countries and the wider region
1 day ago
PayNow eyes merchant, business payments in next growth phase, puts heat on card networks
Tan Nai Lun - The upgrades promise to make PayNow cheaper, faster, more intuitive and efficient for this segment of users: observers
1 day ago
CGSI trims target price for Sembcorp Industries to $7.15 on softer renewable energy contributions
The Edge Singapore - Lim Siew Khee and Meghana Kande of CGS International have trimmed their target price for Sembcorp Industries to $7.15 from $7.68, on expectations that the coming 1HFY2026 earnings will be softer. Specifically, Sembcorp will likely report lower renewable energy performance in two of its key markets o ...
1 day ago
Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely
Sharanya Pillai - Firms expected to be prudent amid ongoing volatility, with lessons learnt from business failures in the 2021 crisis
1 day ago
Asian shares drop on chips, US dollar edges higher
MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%