3 days ago
SpaceX lowers IPO valuation target to at least US$1.8 trillion
The company expects to make its debut on Nasdaq and Nasdaq Texas under the symbol SPCX
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
Preparing for retirement? Here’s how to invest in a volatile market
Deon Loke - Seeking safety in cash is a common reflex but experts warn that it can be a costly mistake
3 days ago
DBS CEO Tan Su Shan named as one of the world's most powerful women by Fortune
The Edge Singapore - DBS Group Holdings' group CEO, Tan Su Shan has been named as one of the world's most powerful women. When Fortune announced its 2026 edition of the Most Powerful Women in Business list, Tan was no 6 on the list after Jane Fraser, Chair and CEO, Citigroup (US), Mary Barra, Chair and CEO, Ge ...
3 days ago
SGX-listed Jardine eyes more Asia deals after US$10 billion spree to revamp empire
The company and its subsidiaries have been shedding capital-intensive assets across sectors
3 days ago
Jardine eyes more Asia deals after US$10 billion spree to revamp empire
The company and its subsidiaries have been shedding capital-intensive assets across sectors
3 days ago
SGX-listed Jardine Matheson eyes more Asia deals after US$10 billion spree to revamp empire
The company and its subsidiaries are shedding capital-intensive assets across sectors
3 days ago
Astera Labs founders from the US named EY World Entrepreneur Of The Year 2026
The Edge Singapore - Jitendra Mohan, Sanjay Gajendra and Casey Morrison, co-founders of Astera Labs from the US, were named the EY World Entrepreneur Of The Year 2026 winners, beating 58 country winners from 46 countries competing for the global title. They are the fourth winner from the United States in the award’s 2 ...
3 days ago
Blue Origin rocket explodes during test, setback for bid to catch SpaceX
May 28 : A Blue Origin New Glenn rocket dramatically exploded on the launchpad during a test on Thursday, in a setback for Jeff Bezos’ space venture as it seeks to narrow the gap with Elon Musk’s SpaceX.Video posted by NASASpaceflight, a YouTube channel that livestreams launches from Florida, sh ...
3 days ago
Blue Origin's New Glenn rocket explodes in testing
May 28 : Jeff Bezos' space firm Blue Origin said on Thursday it experienced an anomaly during a hot-fire test, as visuals on social media showed its New Glenn rocket explode in a fireball.A hot-fire test is where a rocket engine is fired up while anchored to the ground.All personnel are account ...
3 days ago
CapitaLand Ascott Trust to divest The Robertson House for $360 million
The Edge Singapore - CapitaLand Ascott Trust (CLAS) is divesting The Robertson House by The Crest Collection in Singapore to an unrelated third party for $360.0 million. The 336-unit hotel will be divested at 4.0% above book value and an exit yield of 2.3%. The net proceeds from the divestment are $341.7 million and CLA ...
3 days ago
Dollar heads for weekly loss on reports of US-Iran ceasefire deal
HONG KONG, May 29 : The dollar extended its weakness against major currencies on Friday and was on track to end the week lower, after reports the U.S. and Iran reached an agreement to extend the ceasefire in the Middle East and lift restrictions on shipping through the Strait of Hormuz. The deal, st ...
3 days ago
Dollar heads for small weekly loss on Middle East peace deal expectations
LONDON/HONG KONG, May 29 : The dollar steadied against other major currencies on Friday, but was on track to end the week lower after sources said that the U.S. and Iran had reached an agreement to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz. The deal, still ...
3 days ago
Dollar heads for small weekly loss on Middle East ceasefire deal expectations
LONDON/HONG KONG, May 29 : The dollar steadied against other major currencies on Friday, but was on track to end the week lower after sources said that the U.S. and Iran had reached an agreement to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz. The deal, still ...
3 days ago
South Korea's Kakao says union demand for bonus is a major burden
SEOUL, May 29 : South Korea's Kakao Corp said on Friday union demands for profit sharing were unrealistic and "a big burden" on management as the tech company seeks to focus on future business and investor interests.The union has been in government-mediated talks with management for a ...
3 days ago
Oil falls slightly on reports of potential US-Iran ceasefire deal
PERTH, May 29 : Oil futures fell slightly on hopes for a potential deal to extend a U.S.-Iran ceasefire, although remarks from Vice President JD Vance that the nations were "close" to reaching a deal but "not there yet" kept a floor under prices. Brent crude futures for July, whi ...
3 days ago
Asia stocks surge, oil falls on hopes of US-Iran truce deal
Oil markets have whipsawed this week as investors parse the chances of a breakthrough between Washington and Tehran that could potentially resume normal shipping through the Strait of Hormuz.
3 days ago
Samsung takes lead in shipping top-end AI memory chip samples
The company says that it has started shipping its first 12-layer HBM4E samples to major clients
3 days ago
Tokyo inflation slowdown unlikely to derail Bank of Japan rate hike
The city CPI is considered a leading indicator for nationwide price trends
3 days ago
Tokyo inflation slows again, vexing path to Bank of Japan rate hike
The city CPI is considered a leading indicator for nationwide price trends
3 days ago
Stocks to watch: ST Engineering, Seatrium, Keppel, Clas, OKP
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 29):
3 days ago
Seatrium posts S$15.5 billion net order book as at end-March
Deon Loke - It comprises of 24 projects with delivery dates till 2033
3 days ago
Seatrium posts S$15.5 billion net order book for Q1
Deon Loke - It comprises of 24 projects with delivery dates till 2033
3 days ago
Seatrium eyes S$28 billion in project opportunities amid global race for energy security
Sharanya Pillai - The company’s order book stands at S$15.5 billion as at end-March
3 days ago
CapitaLand Ascott Trust to divest The Robertson House for S$360 million
Navene Elangovan - The hotel in Robertson Quay will be divested at 4% above book value.
3 days ago
Keppel Sakra Cogen commences operations, boosts Keppel's power generating capacity by 45%
The Edge Singapore - The Keppel Sakra Cogen Plant, Singapore's first hydrogen-compatible combined cycle power plant, has commenced commercial operations, boosting Keppel's power capacity by 45% and help meet Singapore's growing energy needs. The plant is 70% owned by Keppel Asia Infrastructure Fund, Keppe ...
3 days ago
China targets offshore billions in biggest crackdown in decades
Officials have cracked down on trust structures favoured by the Asian nation’s ultra-wealthy
3 days ago
Gold holds gain as US-Iran ceasefire extension calm inflation fears
Bullion is down nearly 15% since late February
3 days ago
Mitsui seeks LNG investments to meet power demand from data centers, Bloomberg News reports
May 28 : Japanese trading house Mitsui is looking to invest in LNG projects across the Middle East, the U.S. and Australia to meet rising power demand from data centers, Bloomberg News reported on Thursday, citing its CEO Kenichi Hori.The company will consider taking equity stakes or securing supply ...
3 days ago
Core inflation in Tokyo stays below BOJ goal, factory output rebounds
TOKYO, May 29 : Annual core inflation in Japan's capital stayed below the central bank's 2 per cent target for a fourth straight month in May, data showed on Friday, as fuel and tuition subsidies offset rising raw material costs from the U.S.-Israeli war on Iran.Separate data showed factor ...
3 days ago
Core inflation in Tokyo slows, stays below BOJ goal
TOKYO, May 29 : Annual core inflation in Japan's capital hit 1.3 per cent in May, data showed on Friday, staying below the central bank's 2 per cent target for a fourth straight month as fuel and education subsidies offset rising raw material costs from the U.S.-Israeli war on Iran.The dat ...
3 days ago
US imposes fresh sanctions on Iran’s military oil sales
8 vessels involved in transporting Iranian crude oil and petroleum products to global markets were also sanctioned
3 days ago
RHB upgrades Singapore banks on wealth momentum, resilient fee income; names its top picks
Jermaine Fok - The brokerage expects sector net profit to grow 6% in 2026
3 days ago
Samsung Electronics ships HBM4E chip samples to global customers
SEOUL, May 29 : Samsung Electronics said on Friday it has started shipping samples of its latest high-bandwidth memory (HBM) chip, or the 12-layer HBM4E, marking what it said was the industry's first shipment of such products. The South Korean tech company said the new chip represents a more th ...
3 days ago
Australian watchdog sues Amazon unit over children's backpack safety
May 29 : Australia's competition watchdog said on Friday that it has initiated legal action against Amazon's local unit, alleging breaches of product safety labelling laws related to children's backpacks. According to the Australian Competition and Consumer Commission (ACCC), the comp ...