1 day ago
ST Engineering shares jump as much as 5.4% on revenue increase, special dividend
Shikhar Gupta - Its nine-month revenue rises 9% to S$9.1 billion
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
ST Engineering shares jump as much as 4.2% on revenue increase, special dividend
Shikhar Gupta - Its nine-month revenue rises 9% to S$9.1 billion
1 day ago
ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
Shikhar Gupta - Its nine-month revenue rises 9% to S$9.1 billion
1 day ago
ST Engineering shares rise 4.7% on revenue increase, special dividend
Shikhar Gupta - Its nine-month revenue is up 9% year on year at S$9.1 billion
1 day ago
AJJ Medtech and Autagco team up to jointly develop and commercialise elder care robots in Singapore
Teo Zheng Long - Medical equipment distributor AJJ Medtech Holdings and assisted living services provider Autagco jointly announced that both parties have entered into a legally binding MOU to jointly develop, deploy and commercialise humanoid elderly care robots within Autagco’s assisted living facilities in Sing ...
1 day ago
Blue Origin to renew Mars satellite launch bid as geomagnetic storm fades
Blue Origin's New Glenn rocket, carrying two satellites designed to measure space weather on Mars, is back on track for another launch attempt this week, the company said on Wednesday, after a string of delays forced by cloudy skies and a geomagnetic storm. The latest 90-minute launch window at ...
1 day ago
Geomagnetic storm grounds launch of Mars space weather satellites
A geomagnetic storm on Earth triggered by a large burst of solar radiation has temporarily grounded a Blue Origin rocket carrying twin NASA satellites built to measure space weather on Mars.Blue Origin says its giant New Glenn rocket stands ready for liftoff on what would be the first major NASA-sca ...
1 day ago
CPF Life gives monthly payout, much like rental income from property: Koh Poh Koon
[SINGAPORE] Topping up one’s savings in the Central Provident Fund (CPF) account is akin to investing in a property for a regular source...
1 day ago
Mastercard partners with Thunes to let users receive payments in stablecoins
Nurdianah Md Nur - Mastercard and Singapore-headquartered payments firm Thunes are joining forces to bring stablecoin wallet payouts into the financial mainstream. Announced at the Singapore FinTech Festival 2025 today, the collaboration aims to speed up global money movement and give banks, payment providers and end- ...
1 day ago
Ringgit strength, robust spending set stage for Malaysia’s strongest quarterly growth in 2025
Tan Ai Leng - Domestic consumption is expected to remain the country’s main growth driver
1 day ago
Golden-Agri Resources reports record 9MFY2025 revenue of US$9.53 billion; 9M net profit of US$284 mil
Felicia Tan - Golden-Agri Resources (GAR) has reported a net profit of US$284 million ($369.8 million) for the 9MFY2025 ended Sept 30, 29% higher y-o-y. Net profit for the 3QFY2025 stood at US$124 million, 17% higher q-o-q. 9MFY2025 revenue was up by 21% y-o-y to a record US$9.53 billion, mainly due to improved p ...
1 day ago
Boeing ordered to pay more than US$28 million to 737 MAX crash victim’s family
[CHICAGO] A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than US$28 million to the family of...
1 day ago
Seatrium’s net order book at $16.6 bil
Lin Daoyi - Seatrium’s net order book stood at $16.6 billion, made up of 24 projects slated for deliveries up to 2031, according to the company in its 3QFY2025 business update on Nov 13. In contrast, at its year-earlier business update, Seatrium’s net order book stood at $24.4 billion as at Sept 30 2024, wi ...
1 day ago
Stocks to watch: AEM, ST Engineering, Seatrium, CDG, Golden Agri, Ho Bee Land, Food Empire, NTT DC Reit
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 13):
1 day ago
2 Singaporean men deported from Thailand, Cambodia to be charged with alleged scam-related offences
[SINGAPORE] Two Singaporean men believed to be involved in transnational scam operations and money mule offences have been arrested here following their...
1 day ago
Acrophyte Hospitality Trust reports 9MFY2025 NPI of US$29.1 mil, 13.9% lower y-o-y
Felicia Tan - Acrophyte Hospitality Trust has reported gross revenue of US$121.2 million ($157.8 million) for the 9MFY2025 ended Sept 30, 6.3% lower y-o-y, due to the disposal of two hotels and the brand-mandated renovation of two high-performing hotels. Gross revenue for the 3QFY2025 fell by 5.3% y-o-y to US$43. ...
1 day ago
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure for...
1 day ago
Sasseur Reit Q3 rental income up 4.9% at 166.3 million yuan
Chloe Lim - Total outlet sales cross one billion yuan in the quarter
1 day ago
Japan's wholesale prices rise more than expected on sticky food inflation
TOKYO :Japan's wholesale prices rose more than expected in October as the cost of rice and other food remained stubbornly high, data showed on Thursday, keeping pressure on the central bank to resume interest-rate increases.Analysts said wholesale inflation was likely to moderate in the coming ...
1 day ago
Japan wholesale inflation slows in October
TOKYO :Japan's wholesale prices rose 2.7 per cent in October from a year earlier, slowing from the previous month due in part to falling import costs, central bank data showed on Thursday.The rise in the corporate goods price index (CGPI), which measures the price companies charge each other fo ...
1 day ago
Sasseur REIT's entrusted management agreement income rises 2.6% y-o-y to $30 million in 3QFY2025
The Edge Singapore - Sasseur REIT’s entrusted management agreement (EMA) income in 3QFY2025 ended Sept 30 rose 4.9% y-o-y to RMB166.3 million. In SGD, EMA income rose a more moderate 2.6% y-o-y to $30 million. Of this, the variable component was up 9.7% y-o-y to $47.5 million while the fixed income portion gained 3% y ...
1 day ago
Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
Shikhar Gupta - The drop is largely to due to hotel dispositions and renovations, as well as increases in operating expenses
1 day ago
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Deon Loke - Revenue grew 9% to US$3.4 billion, from US$3.1 billion the quarter before
1 day ago
Golden Agri-Resources Q3 net profit rises 17% to US$124 million on improved plantation output
Deon Loke - Revenue for the period grew 9% to US$3.4 billion, from US$3.1 billion the quarter before
1 day ago
Warren Golf & Country Club temporarily closes 3 F&B eateries due to ‘manpower challenges’
[SINGAPORE] Three eateries at Warren Golf & Country Club have temporarily ceased operations from Nov 12 until further notice, according to a...
1 day ago
Yen sinks to record low vs euro as Japan PM touts slow rate hikes
TOKYO :The yen dipped to a record low versus the euro and wallowed near a nine-month trough against the dollar on Thursday after Japan's new prime minister said she wanted the central bank to go slow on interest rate hikes.The Australian dollar climbed to a two-week high after official data sho ...
1 day ago
Yen on back foot as Japan PM touts slow rate hikes, Aussie rises after jobs data
TOKYO :The yen wallowed near a record low versus the euro and a nine-month trough to the dollar on Thursday after Japan's new premier said she wants the central bank to go slow on interest rate hikes.The Aussie dollar climbed to a two-week high after official data showed a larger decline in the ...
1 day ago
Yen on back foot as Japan PM touts slow rate hikes, Aussie steady before jobs data
TOKYO :The yen wallowed near a record low versus the euro and a nine-month trough to the dollar on Thursday after Japan's new premier said she wants the central bank to go slow on interest rate hikes.The Aussie dollar hovered near its strongest level since the start of the month ahead of employ ...
1 day ago
Seatrium eyes more new order wins; net order book stands at S$16.6 billion in Q3
Jude Chan - The group said it is making ‘steady progress’ toward achieving its 2028 financial targets.
1 day ago
Bostic announces retirement amid Trump push for more influence over Federal Reserve
[WASHINGTON] Atlanta Federal Reserve President Raphael Bostic, the first Black and openly gay person to lead one of the US central bank’s...
1 day ago
EU aims to accelerate crackdown on cheap Chinese parcels, FT reports
The European Union has called for a bloc-wide handling fee on small packages ordered online from platforms such as Shein, Temu and Alibaba to be imposed in early 2026, over two years earlier than scheduled, in a bid to crack down on billions of cheap Chinese imports each year, the Financial Times r ...
1 day ago
Amazon sued over ‘punitive’ handling of employee absences
[NEW YORK] Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities...
1 day ago
US House report accuses China of minerals market interference
CHINA for decades has sought to manipulate global critical minerals prices, using its control as an economic weapon to expand its manufacturing...
1 day ago
Ex-Twitter CEO Agrawal's AI search startup Parallel raises $100 million
AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million to build web search infrastructure for artificial intelligence agents and fund deals with online content owners, Agrawal said in an interview.The Series A round, which values the company at $740 mil ...