3 days ago
Marco Polo Marine Q1 gross profit up 32% at S$14 million on fleet additions
Chloe Lim - Revenue rises 27% to S$32.8 million as group expands ship chartering operations
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
Marco Polo Marine Q1 gross profit up 32 per cent to S$14 million on fleet additions
Chloe Lim - Revenue rises 27% to S$32.8 million as group expands ship chartering operations
3 days ago
Rampant AI demand for memory is fuelling a growing chip crisis
The fundamental reason for the squeeze is the buildout of artificial intelligence data centres
3 days ago
Japan's economy limps back to scant growth in Q4, raises test for Takaichi
TOKYO: Japan's economy limped back to meagre growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister Sanae Takaichi's government as cost-of-living pressures drag on confidence and domestic demand.
3 days ago
Japan's economy barely grew in Q4, misses forecasts
TOKYO: Japan's economy eked out an annualised 0.2 per cent expansion in the October-December quarter, government data showed on Monday (Feb 16), scraping back to growth as corporate investment only just reversed its previous decline.The reading suggests the drag from US tariffs is fading slowly ...
3 days ago
Stocks to watch: ThaiBev, Marco Polo Marine, Lendlease Reit, Centurion, HPL
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 16):
3 days ago
Stocks to watch: ThaiBev, Lendlease Reit, Centurion, HPL, Low Keng Huat
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Feb 16):
3 days ago
US forces board second sanctioned oil tanker in Indian Ocean
THE US military boarded an oil tanker in the Indian Ocean after tracking the vessel for thousands of miles, saying it tried...
3 days ago
Rex International reports 12,010.5 boepd in Jan 2026 from Norway, Oman and Germany
Lin Daoyi - Oil and gas explorer Rex International has reported that its production from fields in Norway, Oman and Germany amounted to a total of 12,010.5 barrels of oil equivalent per day (boepd) for January 2026. For Norway’s Brage and YME fields, a net total of 11,104 boepd was attributed to Lime Petroleu ...
3 days ago
Japan's economy expands annualised 0.2% in Q4, below forecast
TOKYO: Japan's economy eked out an annualised 0.2 per cent expansion in the October-December quarter, government data showed on Monday (Feb 16), scraping back to growth as corporate investment only just reversed its previous decline.The reading suggests the drag from US tariffs is fading slowly ...
3 days ago
Centurion Corp eyes Middle East expansion while shoring up domestic presence
Ry-Anne Lim - The property player is targeting worker and mid-skilled housing in around three countries in the Middle East
3 days ago
A lot of bull: As STI breaches 5,000, what more can we call for?
We should shift the whole market to unit shares, and get rid of the inefficient odd lot market that investors are sometimes...
3 days ago
Positive reaction to market reforms opens door to broader enhancement of growth capital sector
Ben Paul - The result could be a bigger pipeline of new listings, and some struggling listed companies going private
3 days ago
EUR/USD expected to continue uptrend after recent short-term correction
The euro is the second most traded currency by volume globally and forms the most actively traded currency pair with the US...
3 days ago
Visa-only Games highlights Europe’s payments headache
[MILAN] Anyone trying to buy a souvenir at the official Olympic stores at the Milano Cortina Games will have been exposed to...
3 days ago
Singapore targets four industries for AI transformation, but experts say workforce readiness a key hurdle
The AI missions will focus on advanced manufacturing, connectivity, finance and healthcare – sectors that form the core of Singapore's economy and public welfare, experts say.
3 days ago
Warner Bros weighs reopening sale negotiations with Paramount
Both Paramount and Netflix have indicated they would be willing to raise their bids in order to secure a deal for Warner Bros
3 days ago
Warner Bros weighs reopening sale talks with Paramount, Bloomberg News reports
Feb 15 : Warner Bros Discovery is considering reopening sale talks with rival Hollywood studio Paramount Skydance after receiving its hostile suitor's most recent amended offer, Bloomberg News reported on Sunday, citing people with knowledge of the matter. Members of Warner Bros' board ar ...
3 days ago
Carry trade, commodities make EM currencies more stable than G7
Weaker US dollar and expectations for gradual Federal Reserve easing have reduced pressure on developing markets
3 days ago
Hapag-Lloyd in talks to buy Israel’s Zim Integrated Shipping; sale price to exceed US$3.5 billion
Zim will be delisted from the New York Stock Exchange once the necessary regulatory and government approvals come through
3 days ago
Crowds of black-clad Malaysians protest against anti-graft chief
Event marks biggest street protest since rally in October to demand government act against Israel over its hostilities in Gaza
3 days ago
India central bank allows lenders to fund up to 75% in M&A deals
Financing can only take place when a firm ‘already holds control’ over the target company, says RBA
3 days ago
Hotels, restaurants see stronger CNY dining demand, as reunion dinner bookings stream in earlier
Paige Lim - While diners are gravitating towards premium experiences, corporates seem more budget-conscious this year
4 days ago
Centurion acquires 65% stake in 7 Kim Chuan Lane for $4.8 mil
Felicia Tan - Centurion Corporation, through its wholly-owned subsidiary, Centurion Dormitory Venture (II), has acquired a 65% stake comprising 650,000 shares in Manna 777 Properties from ACKC Hesed and Mulberry Land for $4.81 million. ACKC, which has a strategic affliation with the AC Hesed Group, is a private i ...
4 days ago
Uber targets $1 billion boost with 2026 European expansion
Feb 15 : Uber plans to expand its food-delivery business into seven new European markets in 2026, launching services in markets including the Czech Republic, Greece and Romania, a company spokesperson told Reuters on Sunday.The expansion will also see Uber enter Austria, Denmark, Finland and Norway. ...
4 days ago
Uber expands into 7 new European markets in food-delivery push, FT reports
Feb 15 : Uber plans to roll out its delivery business into seven new European countries this year, as tech groups ramp up their efforts in the multibillion-euro food-delivery market, the Financial Times reported on Sunday.The U.S.-based company will launch services in markets including Czech Republi ...
4 days ago
GuocoLand chairman Quek Leng Chan builds interest
Over the five sessions spanning Feb 6 to 12, six primary-listed companies conducted buybacks with a total consideration of S$13.2 million
4 days ago
Pentagon threatens to cut off Anthropic in AI safeguards dispute, Axios reports
Feb 14 : The Pentagon is considering ending its relationship with artificial intelligence company Anthropic over its insistence on keeping some restrictions on how the U.S. military uses its models, Axios reported on Saturday, citing an administration official.The Pentagon is pushing four AI compani ...
4 days ago
China’s stock bull run falters with earnings set to underwhelm
Investors are wary that the Chinese New Year holiday spending may not be enough to reignite a rally
4 days ago
Riding construction boom, Koh Brothers reverses into black with $18.6 million net profit attributable to shareholders
Lin Daoyi - For FY2025 ended Dec 31, construction and engineering solutions provider Koh Brothers reported $18.6 million in net profit attributable to shareholders, in contrast to the loss of $5.5 million for the previous year. The company had a strong showing for 2HFY2025, with net profit attributable to share ...
4 days ago
Wall Street banks are paying their CEOs like it’s 2006 again
Chief executives all received annual compensation of at least US$40 million, with their total pay surpassing records set in 2006 and 2021
4 days ago
When the Arctic opens, what happens to Singapore?
The Northern Sea Route is one of the Arctic routes
4 days ago
Tiong Woon’s 1HFY2026 earnings up 13% y-o-y to $13.6 mil
Teo Zheng Long - Tiong Woon Corporation Holding (SGX: BQM ) (Tiong Woon) has reported earnings of $13.6 million for 1HFY2026 ended Dec 31, 2025, an increase of 13% y-o-y. Revenue for 1HFY2026 grew by 14% y-o-y to $89.7 million. The increase in revenue was mainly attributable to higher contribution from its heavy lif ...
4 days ago
Astronomers puzzle over 'inside out' planetary system
WASHINGTON, Feb 14 : Astronomers have observed a planetary system that challenges current planet formation theories, with a rocky planet that formed beyond the orbits of its gaseous neighbors, possibly after much of the planet-forming material had been used up.The system, observed using the European ...