2 days ago
Shipping cycles are being cut into amplified micro cycles: Maersk’s Asia head for ocean
Tay Peck Gek - Demand has become ‘extremely’ volatile in these recent years
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Italy's Fineco vows to step up growth with AI, German expansion
MILAN, March 4 : Italian digital bank and savings manager Fineco on Wednesday pledged to sharply grow the pace at which it gathers new money by using artificial intelligence and targeting the German market.Once part of bank UniCredit, Fineco has a business model centred around proprietary technology ...
2 days ago
Italy's Fineco says will use AI to boost new client growth under plan to 2029
MILAN, March 4 : Italian digital bank and money manager Fineco said on Wednesday it would use artificial intelligence to expand its client base and cut costs under a strategy through 2029, aiming to sharply grow the pace at which it gathers new money.Fineco said it targeted an average low double-dig ...
2 days ago
Japanese utilities boost LNG reserves, METI sees no calls for emergency supply yet
TOKYO, March 4 : Major Japanese utilities increased their liquefied natural gas stockpiles by 10 per cent to 2.19 million metric tons last week, the Ministry of Economy, Trade and Industry (METI) said on Wednesday, adding that there were no calls so far for emergency supplies. The LNG stockpiles of ...
2 days ago
Indonesia media report Fitch cuts country's rating outlook to negative
JAKARTA, March 4 : Multiple Indonesian local media reported on Wednesday that Fitch Ratings has downgraded Indonesia's sovereign credit rating outlook to negative from stable. A representative of Fitch's media team reached by Reuters declined to comment. Some media, including one of Indone ...
2 days ago
India rupee hits record low as oil rise sparks regional meltdown
For the country, higher crude prices risk reigniting inflation
2 days ago
Budget 2026: HDB to roll out 60-storey BTO blocks in plan to ‘build more, faster, higher’
Chong Xin Wei - Pearl’s Hill BTO in Outram will have tallest HDB in Singapore; fresh supply to be injected into Toa Payoh starting with Caldecott...
2 days ago
Malaysia palm oil output set for steep drop after Sabah floods
The nation’s production is expected to decline in February due to seasonal lows and shorter working days due to holidays
2 days ago
Budget 2026: How should Singapore decide which jobs are to be filled by foreign workers?
Janice Heng - Amid efforts to broaden the range of good jobs, foreign worker flexibility tweaks suggest that certain roles may never be attractive enough
2 days ago
Oil prices rise 1% as Iran crisis disrupts Middle East supply
OIL prices rose 1 per cent on Wednesday as the US-Israeli war on Iran disrupted Middle East supplies, but the pace of...
2 days ago
CGSI upgrades Sheng Siong to ‘add’; RHB raises target price on store outlook
Shikhar Gupta - However, DBS argues the supermarket operator’s 2026 growth has already been priced in
2 days ago
Jollibee Food’s Highlands Coffee evaluates Vietnam IPO
The fast-food restaurant operator expects the Vietnamese listing to be completed in the first quarter of 2027
2 days ago
Philippines’ Jollibee Food’s Highlands Coffee evaluates Vietnam IPO
The fast-food restaurant operator expects the Vietnamese listing to be completed in the first quarter of 2027
2 days ago
CGS International bumps Sheng Siong to ‘buy’ on better economies of scale
Samantha Chiew - CGS International is turning more bullish on supermarket operator Sheng Siong following its recent FY2025 ended Dec 31, 2025, results announcement. See more: Another strong year expected for Sheng Siong Analysts Meghana Kande and Lim Siew Khee have upgraded their call on Sheng Siong to “buy” fro ...
2 days ago
Singdollar weakens more than 1% against the US dollar as Iran conflict sparks safe-haven flight
Deon Loke - Broad USD strength is observed because of its safe-haven nature
2 days ago
Singdollar weakens more than 1% against the dollar after Iran conflict sparks safe-haven flight
Deon Loke - Broad USD strength is observed because of its safe-haven nature
2 days ago
With recovery in sight, analysts increase target prices for Venture Corporation
Lin Daoyi - Analysts have weighed in on the performance and outlook of Mainboard-listed Venture Corporation, which earnings dipped 7.4% y-o-y to $227 million for FY2025 ended Dec 31. Venture, a provider of high-end technological services, products and solutions, reported full-year revenue of $2.53 billion which ...
2 days ago
Singapore energy regulator cautions Gulf conflict could hike electricity prices; market players on alert
Sharanya Pillai - Meanwhile, petrol companies in the Republic have been quick to raise pump prices
2 days ago
Singapore energy regulator cautions Gulf war could hike electricity prices; market players on alert
Sharanya Pillai - Meanwhile, petrol companies in the Republic have been quick to raise pump prices
2 days ago
Gulf war could hike Singapore electricity prices: EMA; pump prices mostly up
Sharanya Pillai - Gas prices surge as much as 50% in Europe and Asia markets, after world’s largest LNG producer shut down its facility
2 days ago
Gulf war could hike Singapore electricity prices: EMA
Sharanya Pillai - Gas prices surge as much as 50% in European and Asian markets, after the world’s largest LNG producer shut down its facility
2 days ago
Middle East conflict likely to raise global energy and Singapore electricity prices: EMA
Sharanya Pillai - Gas prices surge as much as 50% in European and Asian markets, after the world’s largest LNG producer shut down its facility
2 days ago
Australian shares tumble over 2% as hot GDP data rekindles rate-hike bets
AUSTRALIAN shares extended early losses on Wednesday, driven by a selloff across most sectors, after surprisingly brisk economic growth rekindled interest rate-hike...
2 days ago
Banks that treat integration as core infrastructure will lead in the AI era
David Irecki - In financial services, the battle for artificial intelligence (AI) advantage will not be won by those who experiment first, but those who build on strong foundations. Singapore’s banks and large financial institutions are moving quickly to embed AI into everything from customer engagement and risk ...
2 days ago
Nikkei falls to one-month low as Middle East conflict intensifies
[TOKYO] Japan’s Nikkei share average slipped on Wednesday to its lowest level in a month as investors sold risk assets amid an...
2 days ago
PARF rebate cuts unlikely to significantly affect COE renewals: Jeffrey Siow
The Acting Minister for Transport estimates that fewer than 2,000 car buyers who had signed sales contracts were affected by the revised car scrapping rebates.
2 days ago
DBS secures principal underwriting licence for China non-financial corporate bonds
Felicia Tan - DBS China has been granted a principal underwriting licence for non-financial corporate bonds by China’s National Association of Financial Market Institutional Investors (NAFMII). According to the bank, this is the most comprehensive licence granted by NAFMII. With it, DBS is now the only Singapor ...
2 days ago
Commercial podium at Tedge relaunched for sale at lower guide price of $13.88 mil
Gerine Tang Yi Qian - A freehold suburban retail podium at Tedge has been relaunched for sale at an indicative guide price of $13.88 million, or about $2,490 psf on strata area, down from the previous guide price of $18 million in 2023. The asset, marketed exclusively by CBRE via an expression of interest (EOI) exercise ...
2 days ago
Panic sweeps South Korean stocks in biggest one-day crash on record
Of more than 800 stocks on the benchmark, only 10 finished in the green
2 days ago
Panic sweeps South Korean stocks in biggest two-day crash since 2008
South Korea is the world’s eighth-largest crude consumer, investors are rethinking overheated equity bets
2 days ago
Stock plunge sparks trading halt in South Korea's key indexes
The Kospi plunged 8 per cent on Wednesday (Mar 4), extending a steep selloff from the previous day as the escalating war in the Middle East rattled investor sentiment.
2 days ago
84-year-old OK Lim’s jail term cut by 4 years to 13.5 years; ‘judicial mercy’ appeal for a day’s jail rejected
Benicia Tan - Judge says defence’s comparison to mercy in Ong Beng Seng’s case was misguided; Ong has been diagnosed with a rare blood cancer
2 days ago
Former oil tycoon OK Lim gets reduced jail term in US$111.7 million case appeal
Benicia Tan - However, the High Court rejects the appeal against his conviction
2 days ago
Former oil tycoon OK Lim granted jail term cut in US$111.7 million case appeal
Benicia Tan - The High Court rejects his appeal against conviction, but allows his appeal against a 17.5 year sentence