2 days ago
Moody’s warns Asia-Pacific private credit expansion to slow
It notes that macroeconomic uncertainty, geopolitical tensions and elevated interest rates weigh on investor appetite for illiquid assets
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Samsung appliance workers to stage a rally protesting chip workers' wage deal
SEOUL, July 6 : Workers in Samsung Electronics' smartphone, television and home appliance division will stage a rally on July 16, their union said, to protest the big bonuses the company's chip workers have negotiated. • Workers in the company's booming semiconductor division recent ...
2 days ago
ASM International names KPN's Chris Figee as new CFO
July 6 : ASM International, Europe's second-largest maker of semiconductor equipment, said on Monday it plans to nominate Chris Figee as its next chief financial officer.The Dutch company said the appointment will be submitted for shareholder approval at an extraordinary general meeting expecte ...
2 days ago
NSE said to start marketing US$3 billion India IPO next week
The exchange has appointed about 20 banks to work on the share sale
2 days ago
Asia is at forefront of Acadian Asset Management’s private-wealth push: CEO
Benjamin Cher - US firm is eyeing growing pool of HNWIs in region and investor demand for more institutional products
2 days ago
Singapore retail sales up 3% in May, missing forecasts
Low Youjin - Most retail sectors record year-on-year growth in sales
2 days ago
Hong Kong's Far East Consortium sells student housing to JD.com for $95.6 million
HONG KONG, July 6 : Hong Kong property developer Far East Consortium (FEC) said in a filing published on Monday that it has agreed to sell a student accommodation project to a unit of JD.com for HK$750 million ($95.63 million). • This is the second property JD.com has bought in Hong Kong in less t ...
2 days ago
ByteDance, Alibaba pull AI companions as Beijing tightens rules
In the US, tech platforms have come under intense legal scrutiny for similar features
2 days ago
Unease over Korea leveraged ETFs grows as lawmakers demand fix
Concerns about such ETFs, which potentially amplify volatility, are rising among policymakers and investors
2 days ago
US beef exports to China to pick up as rivals exhaust quotas
Brazil, Argentina and Australia were China’s top foreign suppliers in 2025
2 days ago
OCBC's Lim maintains Parkway Life REIT at 'add' following nursing home divestment
The Edge Singapore - Ada Lim of OCBC Group Research has maintained her "buy" call on Parkway Life REIT but with a slightly trimmed fair value of $4.80 from $4.82. The REIT, which focuses on healthcare properties, announced on June 30 the divestment of a nursing home in Japan to its operator for $9.4 million, w ...
2 days ago
Thailand's June headline CPI up 2.42% y/y, below forecast
BANGKOK, July 6 : Thailand's headline consumer price index rose by 2.42 per cent in June from a year earlier, following an annual rise of 2.79 per cent the previous month, the commerce ministry said on Monday.• The reading compared with a forecast increase of 2.79 per cent in a Reuters poll, ...
2 days ago
Goldman cuts yen forecast to 165 per US dollar, likes carry trades
The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg
2 days ago
Goldman cuts yen forecast to 165 per dollar, likes carry trades
The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg
2 days ago
RHB's Yeo raises target price for Sheng Siong to $3.59 on new store openings
The Edge Singapore - Alfie Yeo of RHB Bank Singapore has maintain his "buy" call and also raised his target price for Sheng Siong Group from $3.45 to $3.59 on expectations that earnings is growing from contributions from newly-opened stores. The supermarket chain operator opened 12 new stores in FY2025, and ea ...
2 days ago
China steps up financial risk cleanup under new top regulator
This underscores authorities’ increasing efforts to contain financial risks and strengthen market discipline
2 days ago
Samsung likely to post 18-times jump in profit on surging AI demand for memory
Analysts expect the memory market to remain undersupplied at least to next year
2 days ago
Does progressive payment for new projects fuel high new condo prices?
Leslie Yee - Buyers may be acting aggressively when considering purchases of uncompleted homes with a progressive payment scheme available, compared to resale units
2 days ago
Singapore, China should deepen cooperation in green transition, AI and ageing: Chee Hong Tat
Low Youjin - He says closer collaboration could benefit both countries and the wider region
2 days ago
PayNow eyes merchant, business payments in next growth phase, puts heat on card networks
Tan Nai Lun - The upgrades promise to make PayNow cheaper, faster, more intuitive and efficient for this segment of users: observers
2 days ago
CGSI trims target price for Sembcorp Industries to $7.15 on softer renewable energy contributions
The Edge Singapore - Lim Siew Khee and Meghana Kande of CGS International have trimmed their target price for Sembcorp Industries to $7.15 from $7.68, on expectations that the coming 1HFY2026 earnings will be softer. Specifically, Sembcorp will likely report lower renewable energy performance in two of its key markets o ...
2 days ago
Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely
Sharanya Pillai - Firms expected to be prudent amid ongoing volatility, with lessons learnt from business failures in the 2021 crisis
2 days ago
Asian shares drop on chips, US dollar edges higher
MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%
2 days ago
Asian shares drop on chips, dollar edges higher
MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%
2 days ago
Asian shares rise as tech rebound holds, oil slips
MSCI’s Asia Pacific Index climbs 0.3% as South Korean shares lead regional gains
2 days ago
Gold trades near two-week high on cooling US rate-hike bets
Traders now see about a 55% chance of a rate increase in September
2 days ago
Ringgit may rebound on capital flow measures: analysts
The currency has outperformed all Asian peers since BNM pledged on Jun 24 to intensify efforts to boost inflows
2 days ago
Record wave of IPO lock-up shares to hit Hong Kong market
The eye-catching returns of new listings could further fuel profit-taking pressure
2 days ago
Bankers say Asia loan market to stay weak as war saps confidence
The Middle East conflict has delayed investment and deal-making in the region
2 days ago
Analysts up Sats target prices on cargo recovery, strategic growth
Shikhar Gupta - Leading the optimism is a faster-than-expected recovery in the global air freight market
2 days ago
US futures rise as oil weighed by supply while earnings loom
SYDNEY/LONDON, July 6 : U.S. futures ticked higher and European stocks traded near record highs on Monday as the potential for increased energy supplies pulled down oil prices, while investors awaited a crucial earnings season for the AI sector.While there were no new developments in the fractious U ...
2 days ago
Stocks inch up as oil weighed by supply while earnings loom
SYDNEY/LONDON, July 6 : European stocks and U.S. futures ticked higher on Monday as the potential for increased energy supplies pulled down oil prices and promised relief from inflationary pressures, while investors awaited a crucial earnings season for the AI sector.While there were no new developm ...
2 days ago
Asia shares sputter as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets sputtered on Monday as caution took hold ahead of a crucial earnings season for the AI sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.While there were no new developments in the fractious U.S ...
2 days ago
Asian shares slip as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.While there were no new developments in ...