1 day ago
Chinese tech firms rise in Hong Kong debut as US-China tech race heats up
The trio’s performance will help gauge whether Hong Kong can extend last year’s IPO resurgence
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
HDB set to pump up BTO flat supply further to moderate resale prices: Chee Hong Tat
Chong Xin Wei - HDB asked to ‘go beyond’ current target of 55,000 flats from 2025 to 2027 to meet demand
1 day ago
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
Investors currently expect at least two Fed rate cuts this year
1 day ago
US oil companies say they need guarantees to invest in Venezuela: FT
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to...
1 day ago
BoS’s Singapore-focused discretionary mandates double in 2025 amid strong equity demand
Felicia Tan - Bank of Singapore’s (BoS) assets under management (AUM) for its Singapore-focused discretionary portfolio management (DPM) doubled in 2025 thanks to strong demand from high-net-worth investors and family offices for Singapore equities. The mandates allocate between 40% and 95% to Singapore equitie ...
1 day ago
Asia bankers fear US scrutiny of loans involving chips, China
The backlash against US capital flowing into an AI ecosystem linked to Chinese firms can be swift
1 day ago
Supermarkets, health and beauty retailers set to perform in 2026, DBS says, naming top picks
Shikhar Gupta - Conversely, Alethia Capital downgrades the beverage producer due to Thailand’s alcohol restrictions
1 day ago
Narra Residences in Bukit Timah-Dairy Farm precinct to start previews on Jan 17, prices from $998,000
Jovi Ho - The 540-unit Narra Residences in the Bukit Timah-Dairy Farm precinct will debut from Jan 17 to 27 with booking scheduled for Jan 31. The project is the first residential development in District 23 to be planned under the gross floor area (GFA) harmonisation framework and indicative prices start from ...
1 day ago
Attack on Venezuela may yield 'immediate' success for US but long-term consequences on the world worrying, says SM Lee
Kwan Wei Kevin Tan - The US military strike on Venezuela might yield “immediate” success for it but the world should be concerned about the fallout of the attack on the international order, says Senior Minister Lee Hsien Loong. “The immediate consequences, maybe it works, and it's a spectacular military succe ...
1 day ago
PhillipCapital downgrades Elite UK REIT to ‘accumulate’ following recent share price performance
Teo Zheng Long - PhillipCapital analyst Hashim Osman has downgraded his call on Elite UK REIT to "accumulate" following recent share price performance, while keeping the target price of 39 pence unchanged. In his report dated Jan 7, the analyst mentions that Elite UK REIT has around 95.7% of leases expirin ...
1 day ago
HSBC veteran James Cheo to join UBS in senior Apac role
Renald Yeo - Cheo will be based in Singapore and report directly to Tan Min Lan, head of CIO Apac
1 day ago
Australia’s goods trade surplus shrinks to A$2.9 billion in November
[SYDNEY] Australia’s surplus on goods trade narrowed sharply in November as shipments of iron ore fell back, data showed on Thursday, while...
1 day ago
OUE REIT in exclusivity talk with Mitsubishi Estate Asia on acquisition of partial stake in Salesforce Tower, Sydney
Teo Zheng Long - OUE REIT has announced on Jan 8 that it is in exclusive talks with Mitsubishi Estate Asia on acquisition of a partial stake in Salesforce Tower, Sydney. The Manager has referred to recent media reports, including the media report published by The Australian, in relation to a potential transaction in ...
1 day ago
OUE REIT confirms talks with Mitsubishi Estate Asia on acquisition of partial stake in Salesforce Tower, Sydney
Teo Zheng Long - OUE REIT has announced on Jan 8 that it is in exclusive talks with Mitsubishi Estate Asia on acquisition of a partial stake in Salesforce Tower, Sydney. The REIT manager confirmed the transaction after recent media reports, including the one published by daily broadsheet, The Australian, on Jan 7. ...
1 day ago
AI chatbot Anthropic said to be in GIC-led funding talks at US$350 billion valuation
There is speculation that the company is eyeing an initial public offering in the next 12 to 18 months
1 day ago
Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says
[WASHINGTON] Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI...
1 day ago
China metals in grip of frenzy as investors bet on global rally
Open interest has surged to a record across the six base metals traded in Shanghai
1 day ago
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
Chloe Lim - There is no certainty that any transaction will materialise at this juncture, says manager
1 day ago
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation
1 day ago
CLI fund to build S$260 million Singapore automated logistics hub
Shikhar Gupta - The five-storey facility is set to be completed in 2028 and will have a gross floor area of 71,000 square metres
1 day ago
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics hub
Shikhar Gupta - 71,000 sq m facility set for completion in 2028; group also takes minority stake in smart logistics firm Ally Logistic Property
1 day ago
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
Shikhar Gupta - 71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property
1 day ago
Stocks to watch: FCT, CLI, OUE Reit, Tan Chong International, Vividthree
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 8):
1 day ago
Former mm2 Asia subsidiary Vividthree dives 17% on news of payment demand from UOB
Chloe Lim - Bank wants S$1.2 million repaid within seven days
1 day ago
Former mm2 Asia subsidiary Vividthree receives letter of demand for S$1.2 million
Chloe Lim - The payment is due and payable to UOB within seven days
1 day ago
OpenAI earmarks $50 billion for employee stock grant pool, The Information reports
Jan 7 : OpenAI last fall set aside an employee stock grant pool equivalent to 10 per cent of the company, valued at $500 billion in October, The Information reported on Wednesday, citing two people with knowledge of the plans.Reuters could not immediately verify the report. OpenAI did not i ...
1 day ago
Tech firms must block unsolicited nude images under new UK rules
LONDON, Jan 8 : Technology companies in Britain will be required to block unsolicited sexual images under online safety rules taking effect on Thursday, as governments worldwide step up efforts to curb abuse and risks linked to artificial intelligence.Cyberflashing has been a criminal offence in ...
1 day ago
Trump-linked World Liberty Financial seeks license to launch trust bank
The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch
1 day ago
CapitaLand Investment takes minority stake in Ally Logistic Property
The Edge Singapore - On Jan 8, CapitaLand Investment announced two initiatives as part of its broader strategy to deepen logistics expertise and accelerate platform growth across Asia Pacific. CLI is taking a minority investment in Ally Logistic Property (ALP), a pioneer in modern smart logistics infrastructure based in ...
1 day ago
China asks tech firms to halt orders for Nvidia’s H200 chips: report
US export licenses for the chips are still being processed, with no set timeline
1 day ago
Japan November real wages fall at fastest pace since January
TOKYO, Jan 8 : Japan's real wages fell in November at the fastest pace since last January, dragged down by a sharp drop in one-off bonus payments, preliminary government data showed on Thursday.The underlying trend of inflation outpacing wage growth, meanwhile, has not changed, posing a chal ...
1 day ago
Samsung expects record Q4 operating profit, beating expectations
The company is expected to release detailed results later this month
1 day ago
Flight to quality, dividends lift DBS and OCBC to all-time highs, but analysts warn valuations look expensive
Tan Nai Lun - Among Singapore banks, UOB lags peers as investors await greater earnings clarity
1 day ago
Singapore manufacturing growth to moderate in 2026 but AI boom, tariff exemptions are bright spots
Elysia Tan - The lynchpin electronics sector should still lead growth