1 day ago
Lufthansa enters race for TAP stake against Air France-KLM
TAP is of interest to bigger players due to its routes to Brazil and Portuguese-speaking Africa
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Valeo "respects" Renault's discussions with a Chinese supplier for its rare earths free motor - Valeo executive
-Valeo "respects" Renault's decision to launch a discussion with a Chinese supplier for its next generation rare earths free motor, Xavier Dupont, the head of its power division said during a presentation to investors.Renault said in late 2023 it was working with Valeo on a new, more ...
1 day ago
Fast Retailing posts record year despite CEO Yadai calling trade war ‘totally unacceptable’
Samantha Chiew - Fast Retailing has posted a fourth straight year of record earnings, driven by strong growth at flagship brand Uniqlo and resilient margins. The group expects revenue to keep rising as its “LifeWear” concept gains traction across key markets. The group’s wider portfolio reflects this strength, ...
1 day ago
Why is Singapore allocating US$500 mil to Fast-P and how will it become US$5 bil?
Jovi Ho - Why is the Singapore government allocating up to US$500 million ($650.63 million) to its blended finance platform that will invest in solutions across the region? Further, is it realistic that this grant can grow up to 10 times larger with funding from other contributors? At COP30 in Belém, Brazil, ...
1 day ago
Luxury sparkles, yet earnings are sputtering
Samantha Chiew - Prestige brands face a slump, but experts call it a temporary, cyclical dip As fashion houses debuted their Fall/Winter 2025 collections in London, New York, Milan and Paris, the spectacle was unmistakable. Designers showcased the season’s boldest textures and retro-futurist silhouettes on catwalk ...
1 day ago
Defining transition finance and financing the transition
Jovi Ho - A slowdown in green, social, sustainable and sustainability-linked (GSSS) bonds issued worldwide has continued into 3Q2025, reflecting political and macroeconomic uncertainty, according to Sustainable Fitch. The number of new labelled bonds issued, as they are known, fell by over 20% q-o-q and over ...
1 day ago
KKR aims to raise US$15 billion in new Asia private equity fund: sources
The final size of the new fund could exceed the target based on the market response
1 day ago
Fresh high: Singdollar stays above S$1-to-120-yen mark
Shikhar Gupta - The exchange rate first crossed the threshold on Nov 19
1 day ago
Singdollar stays above S$1 to 120 yen mark
Shikhar Gupta - The exchange rate first crossed the threshold on Nov 19
1 day ago
Hongkong Land Q3 profit falls 13% on lower contributions from its office portfolio
Janice Lim - Company says outlook for its full-year financial results remains unchanged
1 day ago
IBM, Cisco outline plans for networks of quantum computers by early 2030s
The move could pave the way for a quantum Internet
1 day ago
Bitcoin erases 2025 gains as investors fret over the macro environment
Young Zhan Heng - As at Nov 20, cryptocurrency’s value is 2.4% lower than that at the start of the year
1 day ago
‘Value Unlock’ programme will help companies bridge gap with investors: industry players
Ranamita Chakraborty - Two training grants of up to S$15,000 and S$200,000 per company will be made available
1 day ago
Skylink announces new engineering service contract wins and new property lease signing
Nicole Lim - Skylink Holdings’ wholly-owned subsidiary has recently won new engineering service contracts and signed a new industrial property lease for capacity expansion. The group secured a maiden service contract with SBS TRansit to supply labour and materials for bus body works for two years, which covers ...
1 day ago
Challenges of a CLI-Mapletree get-together
Goola Warden - On Nov 19, JP Morgan analysts Mervin Song and Terence Khi said the quiet part out loud. “Investor feedback has been mixed following press reports regarding a potential combination between CapitaLand Investment (CLI) and Mapletree Investments as well as a possible carve-out of CLI’s China assets, ...
1 day ago
Analysis:Forget Musk's latest pay package, his last one could wipe out years of Tesla profits
Tesla's gaudy $1 trillion executive-compensation package for CEO Elon Musk has obscured a more pressing concern: Musk's 2018 pay package - still tied up in court - could eat up years' worth of the electric vehicle maker's future profits.The Delaware Supreme Court will soon decide ...
1 day ago
IMF sees 6.5% GDP upside if Pakistan fixes corruption, governance
KARACHI :The International Monetary Fund predicts Pakistan could lift its GDP between 5 per cent and 6.5 per cent over five years if it tackles corruption and deep-rooted governance failures.A so-called diagnostic report calls for reforms to taxation, procurement and oversight of Pakistan's rev ...
1 day ago
ComfortDelGro unveils senior leadership changes
Shikhar Gupta - The group names a new CFO and creates a new top role in point-to-point mobility
1 day ago
Buffett’s Alphabet blessing puts valuation paradox back in focus
Shares of the Google parent are up 55% this year, making them by far the top performer among the Magnificent Seven technology...
1 day ago
Daily Debrief: What Happened Today (Nov 20)
Stories you might have missed
1 day ago
Hongkong Land underlying profit down 13% y-o-y in 3QFY2025 from lower Hong Kong office portfolio contributions
Nicole Lim - Hongkong Land Holdings has reported an underlying profit 13% y-o-y lower in 3QFY2025 ended Sept 30. This is primarily due to lower contributions from the Hong Kong office portfolio and pre-opening costs of the group’s prime properties investment pipeline in China. The group generated net cash infl ...
1 day ago
Being cautious about cryptocurrencies, stablecoins, India cenbank chief says
NEW DELHI :India's central bank is adopting a cautious approach towards cryptocurrencies and stablecoins, the Reserve Bank of India governor said on Thursday.
1 day ago
India cenbank cautious in its approach to stablecoins, cryptos, chief says
NEW DELHI :The Indian central bank is adopting a cautious approach towards cryptocurrencies and stablecoins, Reserve Bank of India Governor Sanjay Malhotra said on Thursday."Stablecoins, cryptos, they have a huge risk, and so we are adopting a very cautious approach towards it," he said in ...
1 day ago
CFO of NTT DC REIT’s manager explains capital management, leasing and other strategies
Teo Zheng Long and Goola Warden - On Oct 15, based on an SGXnet announcement, JP Morgan took a 5.174% stake in NTT DC REIT. Of this, 2.377% was a direct stake and 2.797% was deemed interest. On Nov 12, NTT DC REIT announced its 1HFY2026 ended Sept 30 results. Revenue, net property income (NPI), distributable income (DI) and distribu ...
1 day ago
Global supply chain shocks to cause lasting impacts: FedEx CEO
The company is shifting its capacity, including redeploying aircraft, in response to the changes
1 day ago
Singapore stocks rise as market cheers new SGX announcements; STI up 0.2%
Young Zhan Heng - Frasers Logistics & Commercial Trust is top gainer on benchmark index; three local banks also close higher
1 day ago
Exclusive-KKR aims to raise $15 billion in new Asia private equity fund, sources say
Global private equity firm KKR & Co has kicked off fundraising for its fifth Asia private equity fund, seeking to raise $15 billion in what would be one of the region's largest fund raisings to date, three people with knowledge of the matter said.
1 day ago
ComfortDelGro group deputy CEO Derek Koh to retire next March; key leadership changes announced
Nicole Lim - ComfortDelGro’s group deputy CEO Derek Koh is set to retire at the end of March 2026, amid several key leadership changes announced today. Koh, who is also the group chief corporate services officer and group chief financial officer, will step down from his role as group CFO on Jan 1, 2026, prior ...
1 day ago
Asia Pacific aviation on track to meet 5% sustainable fuel target: Industry body
Governments need to enforce policies to accelerate sustainable aviation fuel production and adoption, says the Association of Asia Pacific Airlines' director general Subhas Menon during an interview with CNA’s Yasmin Jonkers.
1 day ago
Spanish court orders Meta to pay $550 million to digital media companies
MADRID :A Spanish court has ordered that the multinational tech company Meta pay 479 million euros ($552 million) to Spanish digital media outlets for unfair competition practices and infringement of EU data protection regulation.Madrid's Commercial Court said on Thursday the compensation, to b ...
2 days ago
ByteDance’s valuation soars to US$480 billion in share auction
The transaction is a sign of the enduring interest in the company that has created several of China’s most popular digital services
2 days ago
UBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia
Tan Nai Lun - He will take over the new role on Dec 1
2 days ago
Link Reit H1 DPU down 5.9% at HK$1.2688 amid macro headwinds, sectorial challenges
Therese Soh - Its distributable income falls 5.6% year on year to HK$3.3 billion for same period
2 days ago
Link Reit H1 DPU down 5.9% at HK$1.2688 amid macro headwinds, sectoral challenges
Therese Soh - It was recently reported to be considering a Singapore listing