Business Headlines & Singapore Stock Market News

3 days ago

Shein is said to move ahead with preparations for Hong Kong IPO

It may seek to launch the offering as soon as in the coming months, if regulatory approval is secured

3 days ago

Global Invacom announces investigation into suspected theft of components

Teo Zheng Long - UK-based but Singapore-listed satellite company Global Invacom Group (SGX: QS9 ) has been alerted on July 7 regarding a suspected theft of both its own and customer-owned components valued at approximately US$700,000 ($903,000) at cost, from its sub-contract manufacturer’s facilities in the Philip ...

3 days ago

Oil, AI and a wobbly yen: JP Morgan’s Raisah Rasid on what investors should consider now

Claressa Monteiro - Geopolitical tensions, AI volatility, and yen intervention risk - Claressa Monteiro gets this week’s market signals from Raisah Rasid from JP Morgan...

3 days ago

How social enterprises can play a crucial role in mining of critical minerals

Vivien Ang - Traceability and responsible sourcing, local economic development are among the benefits

3 days ago

EnGro Corp expects ‘significant improvement’ in its 1HFY2026 earnings

Teo Zheng Long - EnGro Corporation (SGX: S44 ) expects to report a “significant improvement” in its net profit for 1HFY2026 ended June 30. The company says that the improvement is primarily driven by higher sales volume from its core businesses and the increase in unrealised fair value gains in its venture capit ...

3 days ago

'Powerhouse' Singapore continues world domination as maritime centre for 13th consecutive year

Lin Daoyi - The world’s leading maritime centre is once again Singapore according to the 2026 Xinhua-Baltic International Shipping Centre Development (ISCD) Index. The Lion City has topped the ranking since the annual report was first published in 2014. Jointly published by the Baltic Exchange and China’s X ...

3 days ago

Binance eyes more Asia licences as crypto adoption grows, says co-CEO

The cryptocurrency exchange's co-CEO Richard Teng believes blockchain will be the future of financial services, but says wider adoption will depend on greater regulatory clarity and increased institutional participation.

3 days ago

BOJ may raise growth forecast, maintain vigilance to inflation risk

It’s due to release its quarterly report, including fresh growth and price forecasts, this month

3 days ago

BOJ may raise growth forecast, maintain vigilance to inflation risk, sources say

TOKYO, July 10 : The Bank of Japan may revise up its economic growth forecast for fiscal 2026 and keep its focus on the risk of an inflation overshoot as rising costs from a weak yen and strong AI demand offset some of the declines in oil prices, said three sources familiar with its thinking.The BOJ ...

3 days ago

Australian shares snap four-day decline as miners, banks rise

[SYDNEY] Australian shares snapped a four-day losing streak on Friday (Jul 10) after an upbeat session on Wall Street, even as a...

3 days ago

Price retreat offers buying opportunity for CNMC Goldmine: Lim and Tan

Lin Daoyi - Lim and Tan Securities believes that CNMC Goldmine’s recent price weakness offers an opportunity for investors to enter the counter. Analyst Chan En Jie maintains the company’s “buy” rating at a higher valuation of $1.90 in his July 10 report compared to the previous $1.53 target. At current ...

3 days ago

Labour faction blocks Volkswagen rescue plan: sources

CEO Oliver Blume is battling to make the sprawling automotive group leaner in the face of growing competition

3 days ago

Volkswagen rescue plan 'short on specifics' after tense stakeholder talks

Volkswagen is under unprecedented pressure to restructure its business model

3 days ago

SK Hynix's marquee US debut to test AI appetite

July 10 : SK Hynix's U.S. trading debut on Friday following a $26.5 billion share sale will be a key test of investors' belief in the durability of the AI boom, coming after a recent pullback in semiconductor stocks.Chip stocks have lost some momentum in recent weeks after a stellar run, p ...

3 days ago

SK Hynix set for marquee US debut in test for AI appetite

3 days ago

SK Hynix's shares jump 14% in marquee US debut as AI euphoria persists

July 10 : SK Hynix's U.S.-listed shares jumped 14 per cent in their Nasdaq debut following its $26.5 billion share sale, in a sign of resilient investor enthusiasm for semiconductor stocks that have recently pulled back after a dizzying rally. The South Korean chipmaker is the latest to ride a ...

3 days ago

SK Hynix's shares indicated to jump 20% in marquee US debut

July 10 : SK Hynix's U.S.-listed shares were indicated to jump 20 per cent in their Nasdaq debut following its $26.5 billion share sale, signalling strong enthusiasm in semiconductor stocks despite a recent pullback.The South Korean chipmaker is the latest to ride a frenzy of investor interest ...

3 days ago

SK Hynix's marquee US debut set to test AI appetite

July 10 : SK Hynix's U.S. trading debut on Friday following a $26.5 billion share sale will be a key test of investors' belief in the durability of the AI boom, coming after a recent pullback in semiconductor stocks.Its American Depositary Receipts were indicated to open at $178.07 per sha ...

3 days ago

Deloitte Singapore set to move out of Shenton Way base to new campus at Orchard Central in 2027

Ry-Anne Lim - The consultancy will be occupying JustCo’s new co-working space in Orchard in the interim

3 days ago

Italian aristocrat sells Neil Road shophouse pair for S$40.88 million

Kalpana Rashiwala - A Singapore vehicle linked to Luca Padulli paid S$17.5 million in 2011 for the freehold property, which was extensively restored

3 days ago

Italian aristocrat sells pair of Neil Road shophouses for S$40.88 million

Kalpana Rashiwala - A Singapore vehicle linked to Luca Padulli paid S$17.5 million in 2011 for the freehold property, which was extensively restored

3 days ago

Hanwha Ocean sold around $2 billion in dollar-won forward market, source says

SEOUL, July 10 : South Korean shipbuilder Hanwha Ocean sold around $2 billion in the dollar-won forward market on Friday, a source familiar with the matter told Reuters. Hanwha Ocean was not immediately available to provide official comment. The source declined to be identified due to the sensitivit ...

3 days ago

GIC announces senior leadership appointments, including deputy group CIOs

Deon Loke - Changes will come into effect on Oct 1

3 days ago

How much ground can China’s motorcycle brands gain in Singapore?

Derryn Wong - The likes of Zontes and CFMoto have zoomed into the top ranks for new registrations, with competitive prices and attractive designs

3 days ago

Marco Polo Marine subsidiary to charter out two vessels to Siemens Gamesa

Lin Daoyi - PKR Offshore, a subsidiary of Mainboard-listed Marco Polo Marine (MPM), has signed a framework agreement to lease out two commissioning service operation vessels (CSOVs) to offshore wind turbine manufacturer Siemens Gamesa Renewable Energy. The two vessels will be deployed to support Siemens Gamesa ...

3 days ago

South Korean chip titan SK hynix raises US$26.5 billion in blockbuster US listing

The South Korean chip giant's debut would be the largest US listing by a foreign firm.

3 days ago

A growing Temasek’s multifold challenge of mandate, liquidity and returns

Kwan Wei Kevin Tan - People may dispute how well Singapore state investor Temasek has performed relative to its peers, but one thing they cannot deny is the consistent growth in the value of its portfolio. Between 2016 and 2026, Temasek’s net portfolio value (NPV) has nearly doubled from $262 billion to $518 billion, ...

3 days ago

Why Temasek’s total portfolio emissions will rise before (hopefully) falling

Jovi Ho - This year’s edition of Temasek’s Ecosperity Week started on a sombre note. Temasek CEO Dilhan Pillay said at the opening dinner in May that the global operating landscape has fundamentally changed since the event’s inaugural edition in 2014, and the investor is unlikely to meet its 2030 interi ...

3 days ago

IPO is ‘just a start’, says Foundation Healthcare’s CEO Liaw

Felicia Tan - Shares of Foundation Healthcare Holdings debuted on the Mainboard of the Singapore Exchange (SGX) at 76.5 cents on July 8, 0.5 cents or 0.66% above its IPO price of 76 cents. By the end of the day, the SeaTown-backed integrated healthcare platform closed at 70 cents, down 6 cents, or 8.5%, from its ...

3 days ago

MindChamps’ Chiem is going to California for next lesson in growth

Teo Zheng Long - In 1984, at age 14, David Chiem became the first Asian to star in a lead role in the Australian TV series Butterfly Island, in which he played a Vietnamese refugee. The role mirrored his own life in many ways: Vietnam-born Chiem had left the country just six years earlier. Despite a rocky start in l ...

3 days ago

Temasek’s ‘stalwarts’ hold the fort once more

Felicia Tan - Every portfolio needs dependable assets — ones that anchor it. For Temasek, that role falls to its Temasek Portfolio Companies (TPCs), a group of household names that includes CapitaLand Investment (CLI), DBS Group Holdings, Keppel, Sembcorp Industries, Singapore Airlines (SIA), Singapore Telecomm ...

3 days ago

Special delivery: Italy's postman joins the AI infrastructure race

MILAN, July 10 : Italy has picked an unlikely champion to develop its technology infrastructure and protect digital sovereignty: its national postman.Poste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the local church, ...

3 days ago

REITs: A 20th anniversary round-up

Goola Warden - This year marks the 20th anniversary of six S-REITs and property trusts (see Table 1). The table shows how the REITs have fared based on Bloomberg’s total return analysis (TRA) since their IPOs. Over the past 20 years and more, S-REITs have weathered Sars, the global financial crisis, the European ...

3 days ago

DBS at $100: here is how it could get there

Goola Warden - A chance encounter with a retired bank CEO led to a comparison of bank valuations, with the discussion centring on the cost of equity, return on equity, growth and terminal growth. Take DBS Group Holdings, which alone accounts for 25% of the Straits Times Index. How should banks be valued? What does ...

Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers