2 days ago
STI, Malaysia, Indonesia stocks down at midday as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI dropped as much as 3.1% on Monday morning
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
STI, Malaysia, Indonesia stocks tumble as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI dropped as much as 3.1% on Monday morning
2 days ago
STI, Malaysia stocks tumble as oil spikes; analysts flag impact on South-east Asia
Shikhar Gupta - The STI drops as much as 2.9% on Monday
2 days ago
STI, Malaysia stocks tumble amid oil price spike as broader markets slump
Shikhar Gupta - The STI opens 1.9% lower on Monday
2 days ago
STI, broader Asia markets tumble amid oil price spike; Nikkei, Kospi fall over 6%
Chloe Lim - The STI opens 1.9% lower on Monday
2 days ago
Broader Asia markets tumble amid oil price spike; Nikkei, Kospi fall over 6%
Chloe Lim - [SINGAPORE] Wider Asia markets tumbled at Monday’s (Mar 9) open, with South Korean and Japan indices leading losses, following a significant oil...
2 days ago
PSA International full-year net profit up 0.5% at S$1.1 billion on record throughput
Deon Loke - Revenue rises 7% to S$8.3 billion
2 days ago
DBS says AI and data analytics initiatives generated about $1 bil as CEO sees agentic AI systems ahead
Nurdianah Md Nur - DBS Group's CEO Tan Su Shan believes geopolitical fragmentation and the rise of artificial intelligence (AI) are reshaping banking. Both trends are expected to create new opportunities across wealth management, payments and digital assets. Companies are diversifying supply chains, currencies an ...
2 days ago
How involution turned China’s ride-hailing drivers into part-time mahjong pros
The emergence of ride-hailing has made it exceedingly convenient for tourists
2 days ago
‘Should have started by now’: Indonesia’s plan to export solar energy to Singapore hits a snag
[JAKARTA] The planned export of solar energy from Indonesia’s Batam to Singapore appears to have hit a snag, as appointed electricity exporters face challenges in...
2 days ago
DBS CEO Tan Su Shan earns $9.6 mil in FY2025; predecessor Piyush Gupta paid $4.2 mil
Felicia Tan - DBS Group Holdings CEO Tan Su Shan earned $9.6 million for the financial year ended Dec 31, 2025, after succeeding former chief Piyush Gupta on March 28, 2025. Tan’s remuneration comprised a base salary of $975,250, a cash bonus of $3.7 million, $4.9 million in deferred awards, and $68,694 in non- ...
2 days ago
PhillipCapital bumps up target price on Thakral following positive FY2025 results
Samantha Chiew - PhillipCapital is keeping its “buy” call on Thakral, with a higher target price of $2.56 from $2.12 previously. This new target price includes a 50% conglomerate discount and reflects current market values of the GemLife and The Beauty Tech Group (TBTG) listed stakes. To recap, Thakral released ...
2 days ago
Frasers Property appoints Tony Lombardo as new group COO
Chloe Lim - The position will take effect on Oct 1, 2026
2 days ago
Addvalue wins additional orders worth US$3.7 mil; order book reaches US$26.4 mil
The Edge Singapore - Satellite communications company Addvalue Technologies has won new contracts worth US$3.7 million, bringing its order book to US$26.4 million. The company says these most recent orders were for multiple Inter-Satellite Data Relay System (IDRS) terminals were from four "established" clients ...
2 days ago
Stocks to watch: Sembcorp Industries, Frasers Property, Yangzijiang Maritime, OKP
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Mar 9):
2 days ago
Nikkei tanks more than 6% as oil prices surge
[TOKYO] Japan’s Nikkei average fell more than 6 per cent in a broad selloff on Monday after oil prices surged, stoking fears...
2 days ago
Nikkei tanks more than 5% as oil prices surge
[TOKYO] Japan’s Nikkei share average tanked more than 5 per cent in early trade on Monday after oil prices surged and stoked...
2 days ago
Lendlease's Lombardo to join Frasers Property as group COO to drive investment and capital management
The Edge Singapore - Tony Lombardo, currently group CEO of Australia's Lendlease Corp, will be group chief operating officer of Frasers Property with effect from Oct 1, with a focus on investment activities via Frasers Property Capital. According to FPL, Lombardo has the mandate to drive "cross‑portfolio opt ...
2 days ago
OKP secures S$87.3 million contract for Jurong Region Line infrastructure
Deon Loke - This raises the group’s net construction order book to S$627.2 million
2 days ago
Sembcorp Industries rebuts reports of damage to UAE power, water plants from Iranian strikes
Chloe Lim - In Singapore, gas supply stays ‘secure’, with no near-term disruptions anticipated
2 days ago
Sembcorp Industries rebuts news reports; claims no damage to UAE power, water plants from Iran’s strikes
Chloe Lim - In Singapore, gas supply stays ‘secure’, with no near-term disruptions anticipated
2 days ago
OKP wins $87.3 mil contract from LTA to build commuter related infrastructure for Jurong Region Line
The Edge Singapore - OKP Holdings has won a $87.3 million contract from the Land Transport Authority for commuter infrastructure works around the upcoming stations along the Jurong Region Line. Under the contract, OKP will help design and build covered linkways, new cycling paths and shared paths, as well as footpaths a ...
2 days ago
Sembcorp refutes reports that its Fujairah 1 plant in UAE damaged; no gas imports from Middle East scheduled this year
The Edge Singapore - Sembcorp Industries has refuted reports that its 40%-held power and water plant in the UAE, the Fujairah F1, has been damaged following attacks by Iran. Besides the Fujairah 1 in UAE, described as the world's largest desalination plant, Sembcorp also operates the Salalah IWPP and the Manah II S ...
2 days ago
Gamuda Land doubles down on organic growth, shrugs off Sunway-IJM threat
Tan Ai Leng - The developer is set to launch RM10 billion in projects across Malaysia, Vietnam and Singapore over the next 18 months
2 days ago
‘Double-edged sword’: Wilmar, Golden Agri may face margin squeeze from Iran war, but upstream players could gain
Benicia Tan - With surging crude oil shortage and rising prices, biodiesel demand expected to rise
2 days ago
As Middle East conflict rages, DBS urges SMEs to hedge at least half their FX exposure – not time the market
Renald Yeo - This comes as the bank expands its SecureFX facility to all corporate clients in Singapore
2 days ago
Baltic Exchange Shipping Insights
A roundup of the week’s tanker and dry bulk market (Mar 6, 2026)
2 days ago
S&P 500’s downtrend expected to persist
Following a steady momentum rally from the April lows last year, the S&P 500 has spent the first two months of 2026...
2 days ago
‘Double-edged sword’: Iran conflict could lift palm oil prices, but not all SGX agri counters will benefit
Benicia Tan - Higher diesel prices due to crude oil shortages could drive up demand for biodiesel as a substitute, boosting crude palm oil prices,...
2 days ago
Gamuda Land shrugs off Sunway-IJM threat, doubles down on organic growth
Tan Ai Leng - The developer is set to launch RM10 billion in projects across Malaysia, Vietnam and Singapore over the next 18 months
2 days ago
Oil soars above US$100 as Iran war forces more production cuts
More than a dozen countries have been sucked into the fray and the conflict has stoked fears of an inflation crisis
2 days ago
Oil tops US$110 as Iran war forces more Gulf giants to cut output
More than a dozen countries have been sucked into the fray and the conflict has stoked fears of an inflation crisis
2 days ago
Shares slide, oil surges on risk of lengthy Middle East conflict
SYDNEY, March 9 : Share markets slid in Asia on Monday as the inflationary pulse from surging oil prices threatened to raise living costs, and perhaps interest rates, across the globe, while an investor hunger for liquidity kept the U.S. dollar in demand.Brent jumped 17 per cent to $108.77 a barrel, ...
2 days ago
Oil surges, shares skid in Asia as Middle East conflict rages
SYDNEY, March 9 : Share futures slid in Asia on Monday as the inflationary pulse from surging oil prices threatened to raise living costs, and perhaps interest rates, across the globe, while an investor hunger for liquidity kept the U.S. dollar in demand.Brent jumped 15 per cent to $106.94 a barrel, ...