1 day ago
BYD dominates new car sales in Singapore with over 20% market share
Derryn Wong - Toyota comes in second, while BMW, Mercedes-Benz and Toyota round out the top five brands
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Keppel secures 25-year fibre pair deal on Bifrost Cable System with global telco
Deon Loke - The trans-Pacific system began carrying commercial traffic in December 2025
1 day ago
EVs made up record 45% of new car registrations in Singapore for 2025
Derryn Wong - Electric vehicles have overtaken petrol-electric hybrids as the most common type of new car in the Republic
1 day ago
EVs make up record 45% of new car registrations in Singapore for 2025
Derryn Wong - Electric vehicles have overtaken petrol-electric hybrids as the most common type of new car in the Republic
1 day ago
Adaptation financing to gain momentum in 2026: sustainability analysts
Janice Lim - This follows call from UN to treble such financing by 2035
1 day ago
Vietnam fines TikTok, Zalo operators over data consent practices
Jamille Tran - Two major social media apps have been hit with a combined S$82,600 fine for breaching user data collection rules
1 day ago
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
Deon Loke - The insurer currently holds a 51% interest while local partner Detik Ria owns the rest
1 day ago
BlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut
The deal values the company – a unit of Capital A Bhd – at US$500 million
1 day ago
S-Reits’ turn to shine in Q4 as lower interest rates fuel returns
Jude Chan - Analysts are particularly bullish on the office sector
1 day ago
Australia watchdog orders audit of Airwallex on suspected compliance miss
The former has concerns that the fintech’s transaction monitoring programme is not attuned to the full range of risks it faces
1 day ago
Dairy Farm Walk GLS site draws five bidders with ‘measured’ top bid of $962 psf ppr, 5.7% below Narra Residences site
Jovi Ho - The tender for the Government Land Sale (GLS) parcel at Dairy Farm Walk drew five bidders at its Jan 22 close, with the top bid submitted by a consortium comprising ABR Holdings, LWH Holdings, Macly Capital and RP Ventures at $427 million, or $962 psf per plot ratio (ppr), edging out the next highes ...
1 day ago
Oil slides as Trump tones down threats against Greenland and Iran
LONDON, Jan 22 : Oil prices fell on Thursday, reversing the previous sessions' gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down $1.25 cents, or 1.92 per cent, at $63.99 a barrel at ...
1 day ago
Oil slips as Trump tones down threats against Greenland and Iran
LONDON, Jan 22 : Oil prices slipped on Thursday, reversing the previous sessions' gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down 61 cents, or 0.9 per cent, at $64.63 a barrel at ...
1 day ago
Keppel enters 25-year deal with 'global telco' for Bifrost subsea cable system
The Edge Singapore - Keppel has signed a binding term sheet with an unnamed global telco for the "indefeasible right of use" of a fibre pair in its Bifrost Cable System for 25 years. Detailed terms of the IRU, including operations and maintenance services, are being finalised by the parties. They aim to sign t ...
1 day ago
Singapore stocks rise as Trump softens Greenland stance; STI up 0.4%
Tan Nai Lun - The iEdge Singapore Next 50 Index, meanwhile, is down 0.1% or 1.02 points at 1,483.97
1 day ago
Top bid for Dairy Farm condo site is 5.7% lower than that for nearby plot sold a year ago
Kalpana Rashiwala - The S$427 million or S$962 psf ppr offer is from a consortium comprising ABR, LWH, Macly Capital and Roxy Pacific
1 day ago
COE quota dips 0.8% to 18,824 for February to April
Deon Loke - This is the first time it has declined since the November 2022 to January 2023 period
1 day ago
ST Engineering signs five-year nacelle MRO deal with LOT Polish Airlines
The Edge Singapore - ST Engineering has secured a five-year nacelle maintenance, repair and overhaul (MRO) agreement with LOT Polish Airlines. The contract value is not disclosed. According to ST Engineering, the contract is to support the airline's 15-strong Boeing 787 Dreamliner fleet. "By including predicti ...
1 day ago
Prudential to raise stake in Malaysia life insurer holding firm to 70% for $377 million
Jan 22 : British insurer Prudential said on Thursday it had agreed to buy an additional 19 per cent stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around 1.52 billion ringgit ($376.61 million).The move increases Prudential's control of its conventional ...
1 day ago
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377 million
British insurer Prudential said on Thursday (Jan 22) it had agreed to buy an additional 19 per cent stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around RM1.52 billion (US$376.61 million).The move increases Prudential's control of its conventional life ...
1 day ago
Billionaire Michael Kum buys 150 million Marco Polo Marine shares from Teo family at 13 cents each
The Edge Singapore - Apricot Capital has sold 150 million Marco Polo Marine shares at 13 cents each to Halom Investments in a married deal on Jan 22. For context, Marco Polo Marine shares closed at 15.4 cents for the day, down 4.94%. With the sale, Apricot Capital's stake has been reduced from 16.15% to 12.16%. Apr ...
1 day ago
Asdew's Wang sells entire 7.9% stake in Low Keng Huat at 78 cents each
The Edge Singapore - Alan Wang of Asdew Acquisitions has on Jan 22 sold his stake of 58,546,000 Low Keng Huat shares at 78 cents, reads a filing to the exchange. The stake sold by Wang on Jan 22 is equivalent to 7.9%. Just on Jan 14, Wang emerged as a substantial shareholder when he paid $33,636,195 for 43,542,000 share ...
1 day ago
Toku closes at 28.5 cents on first day of trading, 14% higher than offer price
Kwan Wei Kevin Tan - Cloud communications and customer experience platform Toku (SGX: TKU ) closed at 28.5 cents on its first day of trading on Jan 22, after reaching an intraday high of 30.5 cents. Founded in 2018 by former GlobalRoam Group CEO Thomas Laboulle, Toku is the first company to list on the SGX in 2026. As p ...
1 day ago
Taiwan's Compal warns rising memory prices to impact industry into 2027
TAIPEI, Jan 22 : Taiwan's Compal, a contract manufacturer for notebook and personal computers, said surging memory prices would continue into 2027 and have a significant impact on the industry.The company said it expected global notebook and personal computer shipments to fall by a low-single-d ...
1 day ago
Alibaba plans IPO for AI chipmaking unit T-Head: sources
As a first step, Alibaba plans to restructure the unit as a business partly owned by employees
1 day ago
Investors wonder if Singapore banks are overvalued
The Edge Singapore - When looking around the world including at US banks, HSBC and Standard Chartered, there is a case to be made for a continued investment in Singapore banks. Their sound capital position, asset quality, nimble asset-liability management, steady growth and their generous dividends are almost unmatched. ...
1 day ago
Temasek-backed fizzy drinks maker Chi Forest considers Hong Kong IPO: sources
The drinks manufacturer has held early talks with potential advisers about the share sale
1 day ago
Ubisoft shares tumble after 'Assassin's Creed' creator unveils restructuring, cancels games
Jan 22 : Shares in Ubisoft plunged on Thursday after the French video game publisher announced a sweeping reorganisation and said it would cancel six games.Shares of the "Assassin's Creed" video game series creator dropped 33 per cent in a delayed start to trading, leading losses on t ...
1 day ago
Hong Kong’s Sogo Mall operator seeks HK$8 billion loan refinancing
Lenders have paused earnings checks for Lifestyle International as it seeks to refinance
1 day ago
Private credit valuations under pressure; back to fundamentals for buyout firms in 2026: MSCI
Benjamin Cher - Higher base rates are challenging borrowers’ ability to fulfil interest burdens
1 day ago
Malaysia's central bank holds key rate at 2.75%
[KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate unchanged at its first policy review of the year on Thursday (Jan...
1 day ago
Nvidia CEO says AI will create jobs for electricians and plumbers that pay six figures
This is due to demand for data centers that run and train AI
1 day ago
Singapore users are flocking to Elon Musk’s Grok despite deepfake controversy
[SINGAPORE] A wave of controversy over sexually explicit artificial intelligence (AI) deepfakes has not made billionaire Elon Musk’s social media platform X...
1 day ago
China, Indonesia, Malaysia top Changi Airport markets in 2025; total passenger traffic hits record
[SINGAPORE] China, Indonesia and Malaysia were Changi Airport’s top passenger markets in 2025, the airport operator said on Thursday (Jan 22), amid a...