Business Headlines & Singapore Stock Market News

2 days ago

Japan considers policy wording change as BOJ independence fears roil bonds

The revised draft, however, retains a passage urging the central bank to align its policy decisions with the government’s economic agenda

2 days ago

Japan's ruling party plans tighter oversight of disclosures by activist investors

TOKYO, July 8 : Japan's ruling party plans to propose stronger enforcement against suspected violations of shareholder disclosure rules by activist investors, including by providing more resources to the securities watchdog, a senior lawmaker told Reuters.The proposals come as Japan has become ...

2 days ago

Malaysia’s industrial property market shifts beyond the data centre boom

Tan Ai Leng - Fewer transactions mask resilient demand as investments shift to strategic, high-value assets

2 days ago

OpenAI gets US approval for broad GPT-5.6 rollout, Axios reports

July 7 : The U.S. Department of Commerce has approved a broad launch of OpenAI's advanced GPT 5.6 model, Axios reported on Tuesday, citing a person familiar with the matter. OpenAI expects to do a wide release of GPT 5.6 this week following additional testing and meetings between the company an ...

2 days ago

EDB Global Founder Programme raises over US$2 billion in VC funding

Elysia Tan - It has worked with almost 80 founders on more than 45 new ventures, with more than half in AI and deep tech

2 days ago

New Zealand raises rates by 25 bps to 2.5%, flags further hikes to curb inflation pressures

Sharon Lee - With oil prices now easing, policymakers expect some relief for households and businesses

2 days ago

New Zealand raises rates by 25 bps, flags further hikes to curb inflation pressures

Sharon Lee - [WELLINGTON] New Zealand’s central bank raised its benchmark official cash rate by 25 basis points to 2.5 per cent on Wednesday (Jul...

2 days ago

Palm up over 1%, hitting 2-week high on rival oil, crude oil strength

KUALA LUMPUR, July 8 : Malaysian palm oil futures surged more than 1 per cent on Wednesday, hitting a two-week high, as stronger rival edible oils supported the market and as crude oil prices rose on fresh U.S.-Iran tensions.The benchmark palm oil contract for September delivery on the Bursa Malaysi ...

2 days ago

Palm rises on stronger rivals, crude oil

KUALA LUMPUR, July 8 : Malaysian palm oil futures climbed on Wednesday, tracking gains in rival edible oils and as crude oil prices rose on fresh U.S.-Iran tensions.The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 21 ringgit, or 0.46 per cent, ...

2 days ago

VEGOILS - Palm rebounds on stronger rival oils, crude oil prices

KUALA LUMPUR, July 8 : Malaysian palm oil futures rose on Wednesday, after the previous session's slight decline, supported by stronger rival edible oils and crude oil prices. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 30 ringgit, or ...

2 days ago

Palm rebounds on stronger rival oils, crude oil prices

2 days ago

Asian stocks steady as oil rises after US strikes Iran

The MSCI Asia Pacific Index holds steady after losing nearly 1% at market open

2 days ago

Budget-hotel platform RedDoorz set to knock on SGX’s door for 2027 IPO

Elisa Valenta - It plans to use the proceeds to fund acquisitions across Asia-Pacific, including in Australia and India

2 days ago

Samsung scales up production of advanced storage drive for Nvidia’s Vera Rubin platform

The solid-state drive is part of a package for artificial intelligence data centres

2 days ago

Frasers Property launches Dunearn House condo with prices from S$2,799 psf

Chong Xin Wei - It is the first private residential project in the Bukit Timah Turf City masterplan

2 days ago

South Korea to closely watch risks around stock market volatility

The index triggered a circuit breaker for the sixth time this year earlier this week

2 days ago

Gold holds drop as US strikes in Iran cloud rate hike outlook

Bullion was near US$4,100 an ounce in early trading, after losing 1.4% in the previous session

2 days ago

Coffee trader seeks to shield more Vietnam growers from weather

The country is the world’s largest producer of robusta beans, used in instant coffee and espresso blends

2 days ago

Australia central banker says oil shock yet to slow economy

Brent crude futures hit a high of US$76.38 a barrel on Wednesday

2 days ago

Foundation Healthcare closes 7.9% below IPO price in mainboard debut

Shikhar Gupta - Its public offer of 162.6 million shares is 3.8 times subscribed at S$0.76 a share

2 days ago

Foundation Healthcare opens 0.7% above IPO price in mainboard debut

Shikhar Gupta - Its public offer of 162.6 million shares is 3.8 times subscribed at S$0.76 a share

2 days ago

Japan considering tweaking blueprint language on BOJ, Nikkei reports

TOKYO, July 8 : Japan's government is considering tweaking language on monetary policy in its economic blueprint, the Nikkei newspaper reported on Wednesday.In a draft economic blueprint released last month, the government called on the Bank of Japan to align monetary policy with government eff ...

2 days ago

Korean chip stocks flip to losses on lingering AI, memory pricing concerns

SEOUL, July 8 : Shares of South Korean chipmakers Samsung Electronics and SK Hynix reversed early gains to fall sharply on Wednesday, amid lingering concerns over slowing memory price growth and whether earnings have peaked.Samsung slid as much as 7.6 per cent and SK Hynix dropped as much as 5.2 per ...

2 days ago

Korean chip stocks rebound after overnight US selloff, as chip supply remains tight

SEOUL, July 8 : Shares of South Korean chipmakers Samsung Electronics and SK Hynix rebounded on Wednesday after early losses, as investors bought the dip following a sharp selloff fuelled by concerns over the sustainability of the AI-driven chip boom.Samsung rose as much as 1.4 per cent and SK Hynix ...

2 days ago

South Korean chip stocks slide after overnight US selloff on AI boom concerns

SEOUL, July 8 : Shares of South Korean memory chipmakers Samsung Electronics and SK Hynix fell as much as 4.4 per cent and 5 per cent, respectively, in early morning trade on Wednesday, tracking a broad selloff in U.S. semiconductor stocks after investors grew increasingly concerned about the sustai ...

2 days ago

Stocks to watch: Frasers Property, ESR-Reit, Foundation Healthcare

Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 8):

2 days ago

Australia's Ioneer signs MoUs with S Korea's KIND, Hyundai Engineering for lithium-boron project

July 8 : Australian lithium miner Ioneer said on Wednesday that it has signed separate non-binding memorandums of understanding with South Korea's KIND and Hyundai Engineering to help advance its Rhyolite Ridge lithium-boron project.Here are some details:• Under the MOUs, Korea Overseas Infra ...

2 days ago

Samsung to get jump on Apple’s first foldable with new phones in July

The Unpacked event will be in London

2 days ago

What is a protected cell company and how could it benefit businesses?

Tan Nai Lun - This allows the parking of risk arrangements under one umbrella, while being legally ring-fenced from each another

2 days ago

From factory to tech frontier: China becomes legacy automakers’ innovation engine

Shifting R&D to the country helps traditional automakers bulk up their tech abilities

2 days ago

Telstra outage disrupts Australian train services, taxi payments

July 8 : An outage hit services of Australia's biggest telecommunications company Telstra on Wednesday, disrupting taxi payment systems and some train services, with the government saying the issue affected "a large number of mobile calls and connections."Train services connecting Mel ...

2 days ago

Japan asset managers pursue global investor mandates as yen bond demand grows

TOKYO, July 8 : Japanese asset managers, including the units of Mizuho and Nomura, are rushing to launch bond funds to meet soaring interest in Japanese debt as higher interest rates mean attractive yields for the first time in decades.The market is deepening as more Japanese firms issue bonds as a ...

2 days ago

S-Reits poised for rerating despite hawkish Fed backdrop: DBS

Shikhar Gupta - The upcoming results season will likely drive further rerating, says the research house

2 days ago

CEOs can take a leaf out of the playbook of World Cup coaches

Lee Su Shyan - Shareholders seem to have more patience than sports fans

Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers