1 day ago
Grab launches initiative to provide more support for its women partners in Singapore
Lionel Lim - Its co-authored study also reveals a total addressable market of 40.7 million women willing to work as driver-partners in South-east Asia
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Sembcorp picks banks for A$3 billion Alinta loan in Aussie push
The loan arrangers are ANZ Group Holdings, DBS Group Holdings and OCBC, sources say
1 day ago
SIA to launch flights from new, 24-hour Western Sydney airport on Nov 23
Shikhar Gupta - The curfew-free hub will allow the carrier to bypass the existing Sydney airport’s curfews with overnight schedules
1 day ago
SIA to launch flights from new, curfew-free Western Sydney airport on Nov 23
Shikhar Gupta - The 24-hour hub will allow the carrier to bypass the existing Sydney airport’s curfews with overnight schedules
1 day ago
Ground-floor corner unit along East Coast Road up for sale at $19.9 mil target price
Jovi Ho - A 4,736 sq ft ground-floor corner unit along East Coast Road currently leased to preschool operator Pink Tower Montessori is up for sale, according to exclusive marketing agent Loyalle Chin of Steward Asia, under PropNex Realty. City & Country understands the target price is $19.9 million, which ...
1 day ago
Saudi Arabia, Kuwait to pursue energy deals despite war
Gulf states are keen to portray a business-as-usual approach despite Iran’s attacks
1 day ago
APBS to wind down Singapore brewery, move production to Malaysia and Vietnam
Renald Yeo - As part of the transition, about 130 staff will be laid off over the next two years
1 day ago
APBS to scale down Singapore brewing, move production to Malaysia and Vietnam
Renald Yeo - As part of the transition, about 130 staff will be laid off over the next two years
1 day ago
Asia Pacific Breweries to quit Singapore production for Malaysia and Vietnam
Renald Yeo - As part of the transition, about 130 staff will be laid off over the next two years
1 day ago
Japan's cherry blossom picnics feel the pinch of global inflation
TOKYO, March 24 : Global inflation is taking a bite out of Japan's iconic "hanami" cherry blossom picnics, with an index tracking food and drink costs up 25 per cent since 2020, private think tank Dai-ichi Life Research Institute said on Tuesday.Around late March to early April of eac ...
1 day ago
Temasek-backed Manipal Hospitals files for US$1.2 billion India IPO
Manipal’s IPO plans come amid a sharp slump in India’s equities market
1 day ago
Temasek-backed Manipal Hospitals files for US$1 billion India IPO
Manipal could become India’s most valuable healthcare operator after the listing
1 day ago
Not April Fool’s: Invest in Singapore equities fund from just $1
Lin Daoyi - Customers of MariBank may soon start investing in the Amova Singapore Dividend Equity Fund with a minimum of $1, free of transaction fees. In an announcement, Maribank says that it is the first digital bank to launch such an offering by partnering Amova Asset Management to distribute the afore-menti ...
1 day ago
Jefferies shares surge on report of Japan's SMFG preparing for potential buyout
March 24 : Jefferies shares surged 10 per cent in premarket trading on Tuesday after the Financial Times reported that Japan's Sumitomo Mitsui Financial Group is working on plans for a possible takeover of the U.S. investment bank.SMFG, which owns a 20 per cent stake in the bank, has assembled ...
1 day ago
Japan's SMFG prepares for possible takeover of Jefferies, FT reports
March 24 : Japan's Sumitomo Mitsui Financial Group is working on plans for a possible takeover of Jefferies, the Financial Times reported on Tuesday, sending shares of the U.S. investment bank up 9 per cent in premarket trading.SMFG, Japan's second-largest banking group, has assembled a sm ...
1 day ago
Japan's SMFG plans for possible takeover of Jefferies, FT reports
March 24 : Japan's Sumitomo Mitsui Financial Group is working on plans for a possible takeover of U.S. investment bank Jefferies, the Financial Times reported on Tuesday.Jefferies shares rose 6 per cent in trading in Frankfurt after the FT report.SMFG has tasked a team with making sure it is re ...
1 day ago
Revolut posts US$1.7b in net profit for 2025; targets growth in Southeast Asia from Singapore base
Revolut Singapore intends to move into its own office space by the end of 2026, which will be able to accommodate at least 300 people.
1 day ago
Maybank lists top Singapore stock picks for short, long Iran war
Deon Loke - Its analysts say that they see any (market) pullback as a fresh entry point
1 day ago
Toyota tender offer for Toyota Industries succeeds
TOKYO, March 24 : The Toyota group's tender offer to take supplier Toyota Industries private at a price of 20,600 yen ($129.89) per share has been successful, the forklift maker said in a filing on Tuesday.The deal valued the unit at around $30 billion. According to data from Recofdata going ba ...
1 day ago
Toyota tender offer for Toyota Industries succeeds, filing shows
TOKYO, March 24 : The Toyota group's tender offer to take supplier Toyota Industries private at a price of 20,600 yen ($129.89) per share was successful, the forklift maker said in a filing on Tuesday.The total number of shares tendered in the offer exceeded the minimum number of shares to be p ...
1 day ago
Samsung Electronics, union to resume talks over bonus, union says
SEOUL, March 24 : Samsung Electronics' management and its South Korean workers' union have agreed to resume talks on bonuses, the union said in a statement on Tuesday.The union, representing nearly 90,000 workers accounting for more than 70 per cent of the company's workforce in South ...
1 day ago
BDx Data Centers and ITE to develop data centre talent with hands-on experience
Nurdianah Md Nur - BDx Data Centers has signed a memorandum of understanding (MOU) with the Institute of Technical Education (ITE) to help build a pipeline of technical talent for Singapore’s digital infrastructure sector. The agreement spans all three ITE colleges and will give students hands-on training at BDx’s ...
1 day ago
Tiger Beer brewer APBS retrenching staff in Singapore: sources
Renald Yeo - It is unclear how many employees are affected or which functions are involved
1 day ago
Oracle reworks its finance, procurement apps for AI agents
SAN FRANCISCO, March 23 : Oracle is revamping its cloud-based financial software used by large companies to work with artificial intelligence agents, with a goal of having humans ask the system business questions and letting AI figure out how to find the data.The changes, which Oracle planned to ann ...
1 day ago
Does foreign ownership matter? Marina Bay Sands’ success benefits Singapore greatly
Leslie Yee - It’s Safe Singapore’s time to shine in drawing premium visitors, as tourism mega hits drive economic growth and create jobs
1 day ago
Mixue reports 33% jump in profit amid bruising China price war
The Chinese beverage chain has been the world’s largest food & beverage chain by store count
1 day ago
Broadcom flags supply constraints, says TSMC capacity a bottleneck
TAIPEI, March 24 : Chip designer Broadcom said it is seeing supply chain constraints, including capacity limits at its manufacturing partner TSMC, highlighting the ripple effects of soaring demand for AI chips on the broader tech industry."We are seeing that TSMC is hitting (production capacity ...
1 day ago
China positions itself as a stable economic force amid global uncertainty at Beijing forum
More US corporate leaders travelled to Beijing for the conference this year
1 day ago
New Zealand central bank warns prolonged energy shock could force rate hikes
[AUCKLAND] The head of New Zealand’s central bank said on Tuesday that monetary policy would look through a temporary spike in energy...
1 day ago
European car sales rise modestly in February, Tesla reverses year-long skid
March 24 : New car sales in Europe rose in February after falling in January, while sustained demand for electric vehicles helped Elon Musk's all-electric brand Tesla resume growth for the first time since December 2024, official data showed on Tuesday.Overall car registrations, a proxy for sal ...
2 days ago
Exclusive-Amazon says AWS' Bahrain region 'disrupted' following drone activity
SAN FRANCISCO, March 23 : Amazon said on Monday its Amazon Web Services region in Bahrain has been "disrupted" amid the current conflict in the Middle East.The disruption is due to drone activity in the area, an Amazon spokesperson said, following a Reuters inquiry. Reuters is first to rep ...
2 days ago
Exclusive-Amazon says AWS's Bahrain region 'disrupted' following drone activity
SAN FRANCISCO, March 23 : Amazon said its Amazon Web Services region in Bahrain has "been disrupted" amid the current conflict in the Middle East. The disruption is due to a drone activity in the area, an Amazon spokesperson said, following a Reuters inquiry. Amazon said it is helping to m ...
2 days ago
SK Hynix to buy $8 billion in ASML chipmaking tools in largest disclosed order
SEOUL, March 24 : Chipmaker SK Hynix said on Tuesday it will purchase 11.95 trillion won ($7.97 billion) worth of ASML's EUV lithography tools, used to create chip circuitry, in the largest single order publicly disclosed by an ASML customer.In a regulatory filing, SK Hynix said it would purcha ...
2 days ago
SK Hynix to buy $8 billion of ASML EUV tools in largest disclosed order
SEOUL, March 24 : SK Hynix said on Tuesday it will purchase $11.95 trillion won ($7.97 billion) worth of ASML's EUV lithography tools as it prepares for mass production of new products, in the largest single order publicly disclosed by an ASML customer.In a regulatory filing, Sk Hynix said it w ...