3 days ago
Addvalue to leverage Singapore’s space push to lift its satellite business further
Therese Soh - It aims to realise the business’ full potential via strategic options, particularly US opportunities
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
Addvalue to leverage Singapore’s space push to lift its satellite business
Therese Soh - It aims to realise the business’ full potential via strategic options, particularly US opportunities
3 days ago
Singapore space push opens doors for Addvalue’s satellite business
Therese Soh - It aims to realise the business’ full potential via strategic options, particularly US opportunities
3 days ago
Anthropic, Pentagon, Iran and the future of wars
Assif Shameen - Two weeks ago, Israel and the US began a massive coordinated attack on Iran that left its Supreme Leader Ayatollah Ali Hosseini Khamenei and defence top brass dead. The attacks triggered an ongoing war in which Iran has retaliated by launching waves of missile and drone strikes across the Middle Eas ...
3 days ago
War in the Middle East: The worst is not over for Asia
Manu Bhaskaran - US President Donald Trump may claim that the war will end “very soon”, but the situation in the Middle East is escalating rapidly. Iran’s retaliation is pulling more countries into the conflict, while Israel has broadened its offensive to include Lebanon and intensified its attacks on Iran. Wi ...
3 days ago
Screening for undervalued O&G companies
Thiveyen Kathirrasan - Given the surge and significant volatility in crude oil prices over the past few weeks, investors should be cautious when investing in commodities. One way to reduce risk is to invest in stocks or companies whose primary business involves commodities, as discussed in the previous issue. This article ...
3 days ago
Savills to acquire Eastdil Secured from Temasek-led consortium for some US$1.11 bil
Jovi Ho - London-listed international real estate services provider Savills is acquiring Manhattan-based real estate investment bank Eastdil Secured in a deal that values the latter at some US$1.11 billion ($1.41 billion). The combined group will be the number two advisory firm globally for prime commercial r ...
3 days ago
Malaysia says airlines may suspend some flights on fuel costs
Jet fuel accounts for almost half of airlines’ operating costs, Malaysia’s Transport Minister Anthony Loke says
3 days ago
China is ‘steady as she goes’ before a fair wind
Daryl Guppy - Global chaos has overwhelmed much of the reporting of China’s Two Sessions which set the economic outlook and strategy for the next year. The reporting focus is on the lower growth targets for China. The 4.5 to 5% target should come as no surprise: as large economies mature, their growth slows. It ...
3 days ago
Gold set for second weekly decline as oil prices rally further
Bullion has still gained around 18% so far this year and has largely held above the US$5,000-an-ounce threshold
3 days ago
Sembcorp’s prospects lifted by Middle East conflict and Alinta acquisition
Lin Daoyi - Slightly more than a week after Israel and the US commence assaulting Iran, the Strait of Hormuz, a narrow waterway between Iran and Oman, is effectively unnavigable as maritime insurers have stopped providing coverage for vessels travelling through the Persian Gulf amid increasing risk of ships bei ...
3 days ago
Large caps lead active value realisation in February
Smartkarma Research - Singapore’s equity market entered February with robust momentum. On Budget day, the Straits Times Index crossed the 5,000 mark for the first time in its history, reflecting strong bank earnings, policy support, and renewed capital inflows. At the same time, policymakers reinforced the market’s s ...
3 days ago
Meta delays rollout of new AI model after performance concerns
Its rivals Google, OpenAI and Anthropic are acknowledged as ahead in foundational AI models
3 days ago
JPMorgan, UBS dropped hedge fund embroiled in Hong Kong probe
Regulators have also warned banks over the quality of IPO applications
3 days ago
Nordic Group emerges as an alternative defence and security play to ST Engineering
Teo Zheng Long - As violence escalated in the Middle East, most investors quickly took profits and ran. The smarter move, however, might be to hold firm and trust the long game. “Fundamentals will eventually reassert themselves, barring a significant broadening out or worsening of the conflict,” say OCBC Group R ...
3 days ago
Frencken’s 2H comes in line but poised for pick-up in semiconductor-related demand
The Edge Singapore - Frencken Group’s earnings for its 2HFY2025 ended Dec 31, 2025 increased by just 1.1% y-o-y, on the back of 2.9% y-o-y increase in revenue, largely in line with expectations. However, prospects of a significant recovery, led by stronger, clearer demand from its semiconductor customers, have led ana ...
3 days ago
Qantas to pay US$74 million to customers for cancelled COVID-19 flights
SYDNEY: Australia's Qantas Airways said on Friday (Mar 13) it would pay out A$105 million (US$74 million) to settle a class action alleging it misled customers and failed to provide ticket refunds for flights cancelled during the COVID-19 pandemic.The class action on behalf of Australian passen ...
3 days ago
Margins may dip but UltraGreen.ai poised for more growth with more regulatory approvals
The Edge Singapore - UltraGreen.ai, a global market leader in the sale of indocyanine green (ICG) used in surgeries, reported FY2025 ended Dec 31, 2025 earnings of US$75.6 million ($96.9 million) for its first financial report card since its IPO last December, an increase of 35% over the preceding FY2024. Revenue in the ...
3 days ago
China’s OpenClaw frenzy tests Xi’s approach to regulate AI
Tech giants and consumers have rushed to embrace the agentic AI phenomenon in the past few weeks and at its peak
3 days ago
Nikkei drops 1.7% as Middle East tensions boost oil prices
It was on track for a second straight weekly decline
3 days ago
Addvalue exploring 'strategic options' to grow market in US
The Edge Singapore - Addvalue Technologies is exploring ways to "unlock the market value and realise the full potential" of its inter-satellite data delay system (IDRS) business. To this end, the company has assembled a working team with external professional advice to explore alliances, M&A deals or " ...
3 days ago
Brokers' Digest: 17Live, Singtel, Innotek, ASL Marine, IREIT Global, Ever Glory, Wilmar
The Edge Singapore - 17Live Group Price target: PhillipCapital ‘buy’ $1.18 Lower targets on softer growth belief PhillipCapital is reiterating its “buy” call on Singapore’s first and only successfully Spac-listed company, 17Live (SGX: LVR ) , but has dropped the target price to $1.18 from $1.45 previously.
3 days ago
Oil price stays above US$100, Asian stocks fall as Iran's Khamenei targets Hormuz
Analysts say the record 400 million barrels released from International Energy Agency stockpiles had little impact.
3 days ago
ST Engineering to deploy intelligent transport systems in Singapore to help LTA manage traffic
Chloe Lim - The contracts were secured with the Land Transport Authority in 2025
3 days ago
Dollar climbs with no end in sight for Iran war; yen at 20-month low
TOKYO, March 13 : The dollar rose to more than three-month high on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing.The euro fell to its weakest since November, and Japan warned that it was ready to take a ...
3 days ago
Dollar poised for second weekly gain with no end in sight for Iran war
TOKYO, March 13 : The dollar held gains on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing.The euro traded near its weakest since November while the yen was at levels that put traders on guard for possibl ...
3 days ago
Dollar on track for second weekly rise; euro, yen at multi-month lows
March 13 : The U.S. dollar was on course for a second consecutive weekly gain on Friday as the war in the Middle East drove investors towards safe-haven assets, while energy-sensitive currencies such as the euro and yen slid to multi-month lows.A sharp and prolonged rise in oil prices would severely ...
3 days ago
ST Engineering to deploy new traffic management system for LTA
The Edge Singapore - ST Engineering has been contracted by the Land Transport Authority to deploy an intelligent transport system to help improve traffic management. The contract value is not disclosed and was already recorded in the company's FY2025 order book which totalled $33.2 billion, including $18.7 billion ...
3 days ago
Chinese banks boost loans to tech sector as Beijing ramps up AI push
Tech financing had been made a priority
3 days ago
Adobe CEO to step down in face of investor concerns over AI
Shantanu Narayen will remain in the position until a successor has been appointed
3 days ago
Stocks to watch: ST Engineering, UI Boustead Reit, MoneyMax Financial Services
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 13):
3 days ago
Honda shares slide more than 5% as automaker faces first annual loss
TOKYO, March 13 : Shares in Honda Motor fell more than 5 per cent in Tokyo on Friday morning after the company flagged its first annual loss in almost 70 years as a listed company, hit by up to $15.7 billion in restructuring costs at its electric-vehicle business.
3 days ago
How the Iran war is disrupting the Strait of Hormuz
The strait is an essential passage for the oil market, handling about a quarter of the world’s seaborne oil trade
3 days ago
BuzzFeed flags going concern risk, shares down
Its stock has lost 98 per cent of its value since it went public via a blank-cheque merger in 2021