Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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2 days ago
Singapore stocks open lower on Monday; STI down 0.1%
Mia Pei - SINGAPORE stocks opened weaker on Monday (May 27) after global markets closed last week mixed.
2 days ago
Abrdn’s fast-rising caretaker CEO faces deep-rooted challenges
SEVEN months after joining Abrdn, Jason Windsor has found himself swiftly promoted into one of the toughest jobs in the UK asset management industry: at the helm of the struggling £507 billion (S$872 billion) firm.
2 days ago
Seatrium shares jump more than 10% following $11 billion order win from Petrobras
The Edge Singapore - Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras. Seatrium shares surged by as much as more than 10% to $1.70, from last Friday's close of $1.54. As at 9.25 am, the shares were changing hands at $1.68. ...
2 days ago
Australian pension funds eye niche private debt to boost returns
AUSTRALIA’S pension giants are looking to expand their private credit exposure to some nascent products, as the cash-flushed industry hunts for ways to diversify portfolios and boost returns.
2 days ago
GP Industries expects to sink into red for FY2024 after non-cash impairment
Vivienne Tay - BATTERY maker GP Industries on Monday (May 27) expects to record a net loss of between S$58 million and S$68 million for the financial year ended Mar 31, 2023, sinking into the red from a net profit of S$22 million from the previous fiscal year.
2 days ago
Stocks to watch: Seatrium, Yangzijiang Financial, Best World, Stamford Land, GP Industries
THE following companies saw new developments that may affect trading of their securities on Monday (May 27):
2 days ago
Oil prices little changed as markets look to Opec+ meeting
OIL prices were in a holding pattern in early Asian trading on Monday as markets awaited an Opec+ meeting on June 2 where producers are expected to discuss maintaining voluntary output cuts for the rest of the year.
2 days ago
Oil prices steady as markets turn focus to OPEC+ meeting
NEW DELHI :Oil prices steadied in Asian trading on Monday as markets awaited an OPEC+ meeting on June 2 where producers are expected to discuss maintaining voluntary output cuts for the rest of the year.The Brent crude July contract was up 18 cents to $82.30 a barrel as of 0409 GMT. The more-active ...
2 days ago
Oil edges higher ahead of inflation data after downbeat week
LONDON :Oil prices made marginal advances in muted trade owing to public holidays in Britain and United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract was up 56 cents at $82.68 a barrel by 1233 GMT. The ...
2 days ago
Oil rises ahead of inflation data after downbeat week
HOUSTON :Oil prices rose by more than $1 per barrel in muted trade owing to public holidays in Britain and the United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract was up 99 cents at $83.11 a barrel by ...
2 days ago
Oil steadies after weekly decline on US interest rate prospects
LONDON : Oil prices were little changed on Monday, making marginal advances in muted trade owing to public holidays in Britain and United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract was up 21 cents a ...
2 days ago
Asia shares nudge higher as US, EU inflation data loom
SYDNEY :Asian shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months.Holidays in Britain and the United States made for thin trading ahead of Friday's fi ...
2 days ago
Shares nudge higher as US, EU inflation data loom
LONDON :World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months.Holidays in Britain and the United States made for thin trading ahead of Friday's fi ...
2 days ago
Asia shares creep higher as US, EU inflation data loom
SYDNEY :Asian shares edged higher on Monday as investors braced for a busy week of data which culminates in a key U.S. inflation report that could set the stage for a cut in interest rates there, albeit not for a few months yet.Holidays in the United States and UK made for thin trading ahead of Frid ...
2 days ago
Asia shares inch higher before inflation tests
SYDNEY : Asian shares edged higher on Monday as investors braced for a busy week of data which culminates in a key U.S. inflation report that could set the stage for a cut in interest rates there, albeit not for a few months yet.Holidays in the United States and UK made for thin trading ahead of Fri ...
2 days ago
‘Asset famine’ in China curbs central bank’s bond trading ambitions
A SCARCITY of low-risk assets in China’s financial sector is obstructing the central bank’s plans to make its monetary policy toolkit more efficient with a return to the treasury bond market after a 17-year hiatus.
2 days ago
Tesla shareholders advised to reject Elon Musk’s US$56 billion pay
PROXY advisory firm Glass Lewis said on Saturday (May 25) it has urged Tesla shareholders to reject a US$56 billion pay package for chief executive officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America.
2 days ago
Fewer top women earners in British finance since pandemic: report
WOMEN make up a smaller proportion of top earners in British financial and professional services than before the Covid-19 pandemic, research from the London School of Economics and Political Science (LSE) showed on Monday.
2 days ago
New Zealand, Japan listcos lead APAC in climate target-setting, emissions disclosures: MSCI
Jovi Ho - Companies listed in New Zealand and Japan not only lead the region in setting climate targets, but are also the most likely to disclose their Scope 1, 2 and 3 emissions. This is according to the APAC Climate Action Progress Report, released on May 27 by MSCI ESG Research. MSCI used MSCI AC Asia Paci ...
2 days ago
How will tech and AI pave the way for a more inclusive world?
Nurdianah Md Nur - Isn’t it frustrating when a mobile app isn’t user-friendly? This is a daily reality for people with sensory disabilities. As technology becomes more widespread, ensuring everyone can access digital solutions is crucial. “While we are seeing progress, many websites, mobile apps, videos, and doc ...
2 days ago
Work It Podcast: How to create a compelling personal brand
Having a personal brand isn't limited to only people in senior executive levels, everyone should start early in their career, says our guest. 
2 days ago
Xi’s China EV dream came true. 10 years on, walls are going up
TEN years ago almost to the day, while checking out a handful of luxury sedans from one of China’s largest automakers SAIC Motor, President Xi Jinping gave a pivotal speech that would set China on the course to dominate the electric vehicle (EV) industry.
2 days ago
BT launches Big Money, its first subscriber-only newsletter on financial markets
Dhany Osman - SINGAPORE – If you’re a subscriber to The Business Times (BT), you may have noticed something new in your e-mail inbox earlier today: the first issue of our Big Money newsletter.
2 days ago
Aussie bulls face disappointment on long road to pandemic high
TRADERS hoping the Australian dollar will strengthen beyond a closely tracked level are set to be disappointed as optimism over China’s rebound fades and the local economy falters.
2 days ago
Bill Gross says Trump is ‘bearish’ choice for bond markets
RETURNING Donald Trump to the presidency would be the more “bearish” choice for bond markets, famed bond investor Bill Gross said in an interview with The Financial Times.
2 days ago
Billionaire Ambani sets sight on Africa with new telecom venture
ASIA’S richest man Mukesh Ambani is set to enter Africa with a telecoms venture, seeking to win mobile broadband customers in a high-growth market.
2 days ago
Japan, at G7 meet, renews push to keep yen bears in check
JAPAN renewed its push to counter excessive yen falls during a weekend gathering of Group of Seven (G7) finance leaders, after a recent rise in bond yields to a 12-year high failed to slow the currency’s stubborn decline.
2 days ago
Qatar Airways jet encounters severe turbulence, leaving 12 hurt
A QATAR Airways flight encountered severe turbulence over Turkey, injuring 12 people on board, before landing as scheduled on Sunday (May 26) in Dublin.
2 days ago
The Big Read: Johor property market remains hot, but Singapore buyers have their work cut out in making the right investment
SINGAPORE: Living in her newly bought three-bedroom condominium in Johor Bahru, Kylie Hung, 27, enjoys all the perks of home ownership as a singleton before hitting 30 - something she is unable to do back in Singapore. And her work as a digital entrepreneur allows her to have total control of her ti ...
2 days ago
Gold expected to scale new heights
Zane Aw Yu Xuan - GOLD price recorded a new all-time high on May 20, 2024, trading above the previous high of US$2,431 an ounce recorded in mid-April this year.
2 days ago
OUE’s buyback plan may not permanently lift investor appetite for its depressed shares
Ben Paul - INVESTORS reacted positively this past week to OUE’s announcement of an off-market, equal-access buyback of up to 10 per cent of its outstanding shares.
2 days ago
PropertyGuru grows data analytics, generative AI tools aimed at real estate industry
Jessie Lim - NEW York-listed PropertyGuru Group, which started as an online property listings portal, is widening its offerings as a proptech company.
2 days ago
Banking and insurance are different businesses, but together they can yield synergies: analysts
Tan Nai Lun - BANKING and insurance may be two different businesses, but analysts say there are undeniable opportunities for both of them when partnered together.
2 days ago
Banking and insurance are different businesses but still have important links: analysts
Tan Nai Lun - BANKING and insurance may be two different businesses, but analysts say there are undeniable opportunities for both of them when partnered together.






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