Business Headlines & Singapore Stock Market News

2 days ago

Why is Singtel seeking an Aussie partner for Optus?

Therese Soh - Singtel’s wholly owned subsidiary has endured a string of crises in recent years

2 days ago

European equities ease as investors await Middle East peace updates

EUROPEAN shares dipped on Thursday, as investors remained cautious while awaiting further developments in US-Iran peace talks.

2 days ago

PAA announces Tsinghua University partnership, releases report spotlighting Asia's patient philanthropic risk capital

Belle Neo - The Philanthropy Asia Alliance (PAA) has announced a new partnership with Tsinghua University, with plans for a joint impact summit in Beijing. Speaking at the Philanthropy Asia Summit 2026 during Ecosperity Week, PAA CEO Shaun Seow says that the partnership with Tsinghua would focus on knowledge ex ...

2 days ago

Why is the Indonesian rupiah falling, and could confidence be cracking?

Despite the market volatility, analysts insist the current situation bears little resemblance to the 1998 Asian Financial Crisis, when the rupiah collapsed.

2 days ago

New playbook to help Singapore enterprises match AI readiness with support

Nurdianah Md Nur - The Infocomm Media Development Authority (IMDA), SkillsFuture Singapore and Workforce Singapore have developed the AI for Enterprise Impact Playbook to help local companies assess their AI readiness and choose the right support before investing further in the technology. The guide is aimed at digita ...

2 days ago

Some things to know about Teo Siong Seng, the Singapore shipping veteran accused by US of price collusion

Jermaine Fok - [SINGAPORE] The US Department of Justice (DOJ) this week issued a statement accusing four of the world’s largest shipping container manufacturers of...

2 days ago

Circular AI boom goes global as Asia windfall funds hyperscalers

For much of North Asia, surging chip exports have overwhelmed the drag from higher energy prices stemming from the Iran war

2 days ago

Singtel keen on telco consolidation if regulators give nod; analysts note ‘very high bar’ for approval

Benicia Tan - Group also mulling Reit IPO to create ‘permanent capital pools’ for longer-term investments; comments come on heels of failed M1-Simba deal

2 days ago

Singtel seeks clarity on taking part in telco consolidation; analysts note ‘very high bar’ for approval

Benicia Tan - The group is also mulling a Reit IPO to create ‘permanent capital pools’ for longer-term investments

2 days ago

Singtel seeks clarity on participating in telco consolidation after M1-Simba fallout; weighs Reit IPO

Benicia Tan - A Reit IPO is a possible capital-recycling option available to the group, says Singtel group CFO

2 days ago

Singtel seeks clarity on telco consolidation after M1-Simba fallout; weighs Reit IPO

Benicia Tan - A Reit IPO is a possible capital-recycling option available to the group, says Singtel group CFO

2 days ago

Singtel seeks clarity on participating in telco consolidation following failed M1-Simba deal

The telecommunications company also said it is open to a local partner taking a "meaningful minority stake" in its Australian subsidiary Optus.

2 days ago

Who would buy Vietnam’s state-owned stakes – when Hanoi is ready to sell?

Jamille Tran - Takers could include patient investors seeking exposure to the country’s economic rise

2 days ago

Double-clicking on why forward deployed engineers will be key for agentic AI with OpenAI's Colin Jarvis

Nurdianah Md Nur - Billions of dollars are pouring into enterprise AI adoption but turning a promising demo into a system anyone actually uses remains the industry's most stubborn problem. The challenge is about to get harder as agentic AI — or systems that do not just answer questions but go off, complete work ...

2 days ago

Singapore ramps up AI push for SMEs with new initiatives, partnerships

Ranamita Chakraborty - An awards recognising those that have achieved measurable business outcomes through the use of AI launched

2 days ago

Vietnamese EV maker VinFast’s move to shift US$7 billion in debt raises ‘red flags’

With the manufacturing unit off its books, the company will become largely debt-free, Vingroup says

2 days ago

Iran war spurs extreme bear scenarios for Asia currencies, bonds

The region is reeling from a more than 40% surge in crude prices since the war broke out in late February

2 days ago

National movement encouraging SMEs to go green launched, aims to change view that sustainability comes at a cost

The Green 100 initiative is about lowering barriers and raising incentives for smaller firms to become sustainable, said Singapore climate ambassador Ravi Menon.

2 days ago

Nvidia tells sceptical investors that AI is ready to go mainstream

Shareholders were not swayed by an expansion of investor rewards, including a massive increase to the company’s dividend

2 days ago

Singamas shares plunge after US DOJ allegations against CEO Teo Siong Seng

The firm has engaged external legal advisors, and business operations will remain normal in the meantime

2 days ago

Airbnb pushes beyond stays with luggage storage, car rentals, hotels

The company is also testing bundled offers of stays and add-ons

2 days ago

Grab, RSM join Singapore's Digital Enterprise Blueprint to bring AI and cyber tools to 12,000 SMEs

Nurdianah Md Nur - Grab and RSM Stone Forest IT (RSM) are joining Singapore's Digital Enterprise Blueprint ecosystem to help 12,000 small and medium-sized enterprises (SMEs) adopt artificial intelligence (AI) and strengthen cyber defences. Grab will launch the Grab AI Programme for SMEs with the Infocomm Media De ...

2 days ago

Grab, RSM join Singapore's Digital Enterprise Blueprint to bring AI and cybersecurity tools to 12,000 local SMEs

2 days ago

Citadel Securities hires more than 60 across Asia, including Singapore

The firm will focus on hiring researchers, engineers and traders by tapping into the talent pool in Hong Kong

2 days ago

Apex court rejects resulting trust claim in 99-1 condo dispute

Chong Xin Wei - Court says enforcing such trust would effectively endorse an intention to evade ABSD

2 days ago

Shares rally on Nvidia earnings, Samsung strike suspension

SINGAPORE: Stocks rose on Thursday (May 21) as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.MSCI's broadest index of Asia-Pacific shares outside Japan c ...

2 days ago

US Fed minutes show more policymakers open to a rate hike

Kevin Warsh will convene his first Fed meeting on Jun 16 to 17 with no prospect seen for a change in rates,...

2 days ago

Global funds pile back into Chinese stocks in April

The inflows come amid a broader tech rally, as investors focused on AI-driven productivity gains

2 days ago

Deep under China’s coal basins, PetroChina is unlocking gas from rocks

The push to develop coal rock gas is part of Beijing’s widening effort to diversify its energy mix and reduce reliance on...

2 days ago

Gold steadies as hopes of US-Iran truce ease rate-hike bets

Bullion is down about 14% since the war began in late February

2 days ago

ASL Marine’s 9MFY2026 net profit surge 176% y-o-y to $25.4 mil

Teo Zheng Long - ASL Marine Holdings Limited (ASL Marine) (SGX: A04 ) has reported a significantly higher net profit of $25.4 million for 9MFY2026 ended Mar 31, 2026. Revenue for 9MFY2026 increased by 2% y-o-y to $271.1 million, mainly due to higher revenue contribution from ship repair, conversion and engineering s ...

2 days ago

Elon Musk's X loses Australia child protection compliance lawsuit

SYDNEY, May 21 : An Australian court upheld a regulator's fine against Elon Musk's social media company X Corp after it admitted violating the law by failing to supply information about its online child protection measures, ending a nearly three-year dispute.After the eSafety regulator, a ...

2 days ago

Freeport Indonesia says wet ore slowing Grasberg recovery, near full run-rate in 2027

JAKARTA, May 20 : The recovery of PT Freeport Indonesia's Grasberg gold and copper mine is taking longer than expected, but operations should approach full capacity by the end of 2027, its chief executive told Reuters on Wednesday.The timeline for the complex - the world's second-largest c ...

2 days ago

Dollar rally pauses on Iran deal hopes; yen edges back from intervention zone

TOKYO, May 21 : The U.S. dollar hovered below a six-week peak on Thursday after pulling back on rising hopes that Washington is nearing a deal with Tehran to end the war in the Middle East.U.S. President Donald Trump said negotiations were in the final stages, while also warning of further attacks i ...

Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers