1 day ago
F&B industry mulls higher menu prices, offshoring and closures with wages set to rise
Elysia Tan - Companies may get co-funding support under a government scheme, but not all businesses will qualify
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Iran’s intelligence minister reportedly killed as war expands to central Beirut
Teheran says that the deaths of officials would not hinder its operations
1 day ago
UK watchdog tightens cyber incident reporting rules as attacks surge
March 18 : Britain's finance regulator confirmed new incident and third-party reporting rules on Wednesday, giving firms 12 months to prepare for clearer requirements aimed at strengthening resilience against cyber attacks and third-party disruptions.The new rules, which take effect on March 18 ...
1 day ago
Greek firms scan computer systems as Iran war raises cyberattack risks, sources say
ATHENS, March 18 : Greek shipowners and other companies are scanning their computer systems for evidence of cyberattacks after advice from the National Cybersecurity Authority, two sources said on Wednesday following incidents that have been linked to the Iran war.The authority last week sent an adv ...
1 day ago
RHB initiates ‘buy’ on Nam Cheong, betting on long-term contracts and young fleet
Koh Kim Xuan - The brokerage sets its target price for the stock at S$2.05
1 day ago
Garuda Indonesia loss widens to US$323 million as scheduled airline revenue slips
Funding constraints have left nearly 40% of its fleet grounded for maintenance, limiting flight operations
1 day ago
Manulife US REIT’s portfolio valuation falls 1.6% as at end-2025; FY2025 revenue drops 32% y-o-y to US$113.9 mil
Felicia Tan - Manulife US REIT (MUST) has reported a portfolio valuation of US$913.8 million ($1.17 billion) as at Dec 31, 2025, 1.6% lower than the valuation of US$928.9 million as at Dec 31, 2024. According to the REIT, portfolio weighted average discount rates fell by 12 basis points y-o-y while weighted avera ...
1 day ago
Singapore’s benchmark index closes above 5,000 for first time in three weeks
Renald Yeo - The iEdge Singapore Next 50 Index is up 0.9% at 1,457.76
1 day ago
Singapore benchmark index closes above 5,000 for first time in three weeks
Renald Yeo - The iEdge Singapore Next 50 Index is up 0.9% at 1,457.76
1 day ago
Singapore stocks top 5,000-point mark for first time in three weeks; STI up 1.3%
Renald Yeo - The iEdge Singapore Next 50 Index is up 0.9% at 1,457.76
1 day ago
Malaysia fertiliser producers halt new orders as Iran war drives up prices
KUALA LUMPUR/JAKARTA, March 18 : Fertiliser makers in Malaysia are suspending new orders as supply-chain disruptions and feedstock shortages stemming from the Middle East conflict drive up raw material prices, threatening to raise output costs for palm oil producers.Fertilisers can account for more ...
1 day ago
DBS, OCBC, UOB could benefit as the Middle East’s ultra-rich relook where to park their billions
Jude Chan - The three local lenders have all spent years expanding their private banking capabilities to capture a growth in global wealth flows.
1 day ago
UltraGreen.ai to benefit from disruption at rival; pricing power and volume to drive earnings ahead: UOBKH and Citi
The Edge Singapore - A recent cyberattack suffered by US medtech firm Stryker Corp, which competes with UltraGreen.ai in selling indocyanine green (ICG) dye used in surgeries, could be a near-term boost for the latter, according to UOB Kay Hian analysts John Cheong, Heidi Mo and Tang Kai Jie. Earlier this month, Stryker ...
1 day ago
Nvidia gets Beijing's nod for H200 chip sales, adapts Groq chip for China, sources say
NEW YORK: Nvidia has won Beijing's approval to sell its second-most powerful artificial intelligence chips to China and is also preparing a version of the Groq AI chip that can be sold to the Chi
1 day ago
Tencent's quarterly revenue rises 13% on gaming, AI demand
BEIJING: Tencent Holdings reported a 13 per cent increase in fourth-quarter revenue on Wednesday (May 18), driven by strong demand for gaming and growth in its artificial intelligence services, cementing its position as China's largest social media and gaming company.The Shenzhen-based firm pos ...
1 day ago
Wing Tai unit buys freehold land in Kuala Lumpur for RM45 million
Ry-Anne Lim - Following its acquisition, the parcel will be developed into a residential project
1 day ago
Swiss company Endress+Hauser launches tech and calibration centre in Singapore – its first in Asia
Jermaine Fok - It also plans to invest 10% of revenue annually in developing new products and technology
1 day ago
Tencent’s quarterly revenue rises 13% on gaming, AI demand
The firm has been accelerating AI investments funded by its gaming arm
1 day ago
Wing Tai’s Malaysian subsidiary obtains freehold land parcel at Mont Kiara for RM45 mil
Felicia Tan - Wing Tai Holdings’ wholly-owned subsidiary, Wing Kiara Sdn. Bhd., has agreed to acquire a freehold 11,092 sq m land parcel at Mont Kiara, Mukim Batu, Tempat Sungai Teba, Daerah Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, for RM45 million ($14.7 million). The acquisition was completed on March ...
1 day ago
Petrol price hike from Iran war could push consumers toward EVs, hybrids
But sharp increases at the pump are unlikely to significantly alter car-buying trends right away, analysts say
1 day ago
Cambodia turns to Singapore, Malaysia for fuel as Vietnam, China restrict supplies
Many petrol stations reopen after a third were closed last week
1 day ago
Data centre firm DayOne seeks to boost loan to record US$7 billion: sources
The funding plans underscore how AI boom remains a key driver of debt deals in the Asia-Pacific
1 day ago
Singapore lags global peers in AI returns despite matching adoption rates: report
Nurdianah Md Nur - Singapore is keeping pace with the rest of the world in deploying artificial intelligence (AI) but is falling well short when it comes to generating measurable returns. That gap is now translating into the lowest AI budget allocations among major markets surveyed. Only 33% of Singapore-based respond ...
1 day ago
Hong Kong's December-February unemployment falls to 3.8%
HONG KONG, March 18 : Hong Kong's seasonally adjusted unemployment rate fell to 3.8 per cent in the December to February, from 3.9 per cent in the previous three-month period, the government said on Wednesday, with decreases mainly in retail, accommodation services, foundation and superstructur ...
1 day ago
UniCredit CEO says has 'relatively constructive' approach to digital euro
MILAN, March 18 : The introduction of the digital euro will have a negative impact on banks' liquidity and profit margins by taking away a portion of retail deposits, which are the cheapest source of funding, UniCredit CEO Andrea Orcel said.Speaking at a Morgan Stanley conference in London, Orc ...
1 day ago
Chinese tourists ditch Japan for third month running
TOKYO: Chinese visitors to Japan tumbled 45.2 per cent in February from a year earlier, official data showed on Wednesday (May 18), as the fallout from the countries' diplomatic spat
1 day ago
All COE premiums rise; mainstream cars rise 3.4%, large cars up 1.4%
Derryn Wong - Observers say spike in motorcycle premium – nearly 12% – is due to combination of increased demand ahead of Hari Raya Puasa
1 day ago
All COE premiums rise; mainstream cars up 3.4%, large cars up 1.4%
Derryn Wong - Motorcycle COE premiums post a major increase of nearly 12%
1 day ago
Singapore hedge fund FengHe to open Hong Kong office
Its flagship Asia Fund up 17.8% for the first two months
1 day ago
Malaysia’s PAAB Establishes sustainable Islamic finance framework with Maybank IB as sole sustainability structuring adv
Samantha Chiew - Malaysia's Pengurusan Aset Air Berhad (PAAB), wholly owned company of the Minister of Finance (Incorporated), has established Sustainable Islamic Finance Framework with Maybank Investment Bank (Maybank IB) acted as Sole Sustainability Structuring Adviser. Notably, the framework is the first in ...
1 day ago
Thai pension fund needs reform, hits risk limit on selloff
BANGKOK, 18 : Thailand's $88 billion pension fund urgently needs to reform governance and diversify its investments, two of the fund's executives told Reuters, after a recent selloff triggered by the Middle East conflict raised a warning about massive loss risks.The country's largest ...
1 day ago
Sembcorp shares end 4.3% higher as CGSI adds counter to top Singapore picks
Shikhar Gupta - Analysts say the stock is trading at an ‘undemanding’ valuation of nine times its estimated FY2027 PE ratio
1 day ago
Sembcorp shares rise 4.4% as CGSI adds counter to top Singapore picks
Shikhar Gupta - Analysts say the stock is trading at an ‘undemanding’ valuation of nine times its estimated FY2027 PE ratio
2 days ago
Samsung Elec and AMD sign MoU on AI memory, explore foundry partnership
SEOUL, March 18 : Samsung Electronics and Advanced Micro Devices (AMD) signed a memorandum of understanding to expand their strategic partnership on memory chip supplies for artificial intelligence infrastructure, the companies said on Wednesday. The agreement will focus on supplying Samsung's ...