2 days ago
RTS, JS-SEZ redraw Johor’s property market as investors watch state polls
Tan Ai Leng - Industrial growth is lifting the state, but overhang and affordability concerns persist
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Prosus profit jumps 84% as deal spree sets stage for European push
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday as it looks to expand its successful Latin American business model across Europe following a run of aggressive dealmaking.Prosus deployed some $8.5 billion for acquisitions over ...
2 days ago
Prosus core earnings leap 84% as all regions post profit
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday, with its consumer platforms profitable across all regions for the first time.Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) across its digital se ...
2 days ago
Prosus reports 84% surge in full-year adjusted core profit
June 29 : Dutch digital services operator Prosus reported an 84 per cent surge in full-year adjusted core profit on Monday and declared that all of its regional ecosystems were profitable for the first time.Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) across its d ...
2 days ago
Citi’s top picks in the real estate world are CICT, MPACT, CLAR, CDL and UOL
The Edge Singapore - Citi Research said it met with several investors during its 2026 Property & Financials Conference and marketing trip in Hong Kong. These investors remain underweight on Singapore real estate, but with clear preference for developers and asset managers, and select S-REITs with decent distribution ...
2 days ago
Toyota sales drop again in May as Iran conflict hits production
It marks a fourth straight month of declines amid Middle East disruptions and competition in China
2 days ago
Former Dyson Global CEO Roland Krueger on the road ahead for the car industry
Claressa Monteiro - He expects car sharing and subscriptions to become more common in places where owning a car is costly
2 days ago
South Korea exports set to grow at strongest pace in nearly 5 decades: Reuters poll
SEOUL, June 29 : South Korean exports likely posted their strongest annual growth in nearly five decades in June, as semiconductor shipments broke fresh records in the wake of a boom in global AI investment, a Reuters poll showed on Monday. Exports from Asia's fourth-largest economy, a bellweth ...
2 days ago
Iran cyberattacks on Israel surged in 2026, Israeli cyber chief says
June 29 : The number of Iranian cyberattacks against Israel has shot up since the launch of the U.S.-Israeli offensive against Iran this year, a senior Israeli security official was quoted as saying on Monday.Yossi Karadi, Director General of Israel's National Cyber Directorate, told German new ...
2 days ago
China says tech growth a challenge to predicting energy demand
The growth of emerging sectors including AI and electric vehicles makes forecasting future energy needs harder
2 days ago
Drone startup BeeX raises US$7.7 million Series A round from Monk’s Hill Ventures, Seeds Capital
Benjamin Cher - It will be used to expand BeeX’s fleet of autonomous underwater drones and its operational reach
2 days ago
Why it makes sense to include 5-room HDB flats in Berlayar BTOs – even if price tag may be higher
Leslie Yee - Meet demand for large new units in sought-after locations and don’t fear the S$1 million psychological barrier
2 days ago
Why it makes sense to price HDB’s Berlayer BTO five-room flats at S$1 million
Leslie Yee - Meet demand for large new units in sought-after locations and don’t fear the psychological barrier
2 days ago
Asian stocks mixed and oil rises as US, Iran call end to latest attacks
Equity markets fluctuated, with Hong Kong, Manila, Sydney, Taipei and Wellington up but Jakarta, Seoul, Shanghai, Singapore and Tokyo down.
2 days ago
Ng of uSmart downgrades HPH Trust to 'hold' on 'structural leakage'
The Edge Singapore - Ng Xin Yang of uSmart Securities has downgraded his call for Hutchison Port Trust Holdings to "hold" from "buy", along with a lower target price of 19 US cents, down from 25 US cents, after forming a view that operational improvements and better cash flow generated by the termina ...
2 days ago
China’s central bank debuts overnight reverse repo operation, withholding key interest rate
The bank conducts 300 billion yuan of overnight reverse repurchase agreements in open market operations
2 days ago
Golden Mile Tower cinema space put up for sale with S$31 million guide price
Deon Loke - This translates to roughly S$295 per square foot
2 days ago
Golden Mile Tower cinema space launched for sale with S$31 million guide price
Deon Loke - This translates to roughly S$295 per square foot
2 days ago
CGSI, DBS and PhillipCapital like Thai Beverage with Vietnamese milk
Lin Daoyi - After Thai Beverage’s annual information meeting on June 24, CGS International (CGSI), DBS and PhillipCapital analysts reiterate their liking for Chang Beer’s maker, which holds an indirect stake in Vietnamese dairy goods producer Vinamilk. CGSI’s Meghana Kande and Lim Siew Khee maintain their ...
2 days ago
South Korea announces US$500 billion chip investment on huge AI demand
The project will comprise four chip fabrication plants in the comparatively underdeveloped southwest, said Industry Minister Kim Jung-kwan.
2 days ago
Analysts keep ‘buy’ on OUE REIT following latest proposed divestment of Crowne Plaza Changi Airport
Teo Zheng Long - Analysts from DBS Group Research, Maybank Securities and OCBC Group Research remain positive on OUE REIT (SGX: TS0U ) following the recent announcement on the proposed divestment of Crowne Plaza Changi Airport for $500 million. Tabitha Foo of DBS Group Research feels that this divestment is a positi ...
2 days ago
Young Singaporeans devote two-fifths of income to family, delaying financial readiness: Manulife survey
Shikhar Gupta - At least 75% of respondents under 35 feel family responsibilities hinder their long-term financial readiness
2 days ago
Dollar set for best month in nearly a year as bulls grow confident
LONDON, June 29 : The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.The U.S. and Iran traded fresh ...
2 days ago
Dollar poised for best month in nearly a year; eyes on Gulf tension, jobs data
HONG KONG, June 29 : The U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week. The U.S. and Iran traded fresh barbs over the weekend before they agreed to sto ...
2 days ago
Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension
HONG KONG, June 29 : The U.S. dollar was on the defensive on Monday but remained on track for its biggest monthly gain in nearly a year, due to tension in the Gulf and ahead of jobs data that could shape the Federal Reserve's rate path.The U.S. and Iran traded fresh barbs over the weekend befor ...
2 days ago
Dollar slips, yen reaches 40-year low
NEW YORK, June 29 : The dollar dropped on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a rapid pace.The Japanes ...
2 days ago
Dollar slips, yen tumbles to 40-year low
NEW YORK, June 29 : The dollar edged lower on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes, and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a rapid pace.The Ja ...
2 days ago
Philippines leads the world in rush to solar as power prices soar
Panel imports rose 145% on the year to US$407 million for the three months through May
2 days ago
Gold declines as fresh US-Iran tension fans inflation concerns
Gold is down about 23% since the US and Israel launched strikes on Iran in late February
2 days ago
Stocks to watch: Keppel, First Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect the trading of their securities on Monday (Jun 29):
2 days ago
Individual who made US$127.6 million claim on Keppel unit’s Jakarta land further appeals court decision
Deon Loke - This latest appeal follows two consecutive legal victories for Keppel earlier this year
2 days ago
China, India see top firms lose market cap share in AI lag
These markets’ benchmarks have largely underperformed, especially compared to Taiwan and South Korea
2 days ago
Australia’s AI startup Firmus and Singapore-based DayOne to build Indonesia data centre with Nvidia
The deal comes as the startup is expected to undertake an initial public offering this year
2 days ago
Sovereign investors with US$29 trillion pivot to energy assets, flag dollar fears
61% of central banks say US debt hurts the dollar’s long-term reserve role