2 days ago
With low birth rate, private housing market’s long-term health is critically dependent on migrants
Leslie Yee - More foreigners becoming PRs and citizens can support demand for private homes
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
URA launches Town Hall Link site for sale, set to ‘catalyse next phase’ of Jurong Lake District growth
Gerine Tang Yi Qian - The Urban Redevelopment Authority (URA) has released the 99-year Town Hall Link site in the Jurong Lake District (JLD) for sale under the Reserve List of the 1H2026 Government Land Sales (GLS) programme. The 3.7-hectare white site, which allows developers to integrate commercial, residential and hot ...
2 days ago
Singtel activates rectification measures after users report mobile service disruption
Some Singtel customers reported issues ordering or paying for food, accessing the internet for work and utilising their roaming.
2 days ago
Proposed sale of Hyatt Place Memphis Primacy Parkway terminated, says Acrophyte Hospitality Trust
Felicia Tan - The proposed sale of the 126-room Hyatt Place Memphis Primacy Parkway has been terminated by the purchaser, Shivam Patel, announced Acrophyte Hospitality Trust on March 16. The purchaser terminated the agreement via written notice before the expiry of the due diligence period, which had been mutuall ...
2 days ago
Nikkei falls a third day as Iran crisis stokes stagflation concerns
[TOKYO] Japan’s Nikkei share average slid for a third straight day on Monday as the Middle East crisis threatened longer-term damage to...
2 days ago
LTA awards S$199 million Downtown Line 2 contract to China Railway Tunnel Group
Shikhar Gupta - The group specialises in tunnelling and infrastructure projects
2 days ago
JP Morgan downgrades CDL and UOL to ‘neutral’ on tougher macro backdrop
Felicia Tan - JP Morgan analysts Mervin Song and Terence Khi have downgraded their calls on City Developments Limited (CDL) and UOL Group to “neutral” from “overweight”, citing a more challenging macroeconomic backdrop, particularly amid the conflict in the Middle East. In a March 16 report, Song and Khi ...
2 days ago
China's economy enters 2026 on firmer footing as risks build
China's factory output growth quickened in January-February while retail sales rebounded, in a steady start to the year for an economy confronting multiple challenges, including the fallout from the United
2 days ago
A fresh start for Jurong Lake District with Town Hall Link site released
Chong Xin Wei - Government to invest in key infrastructure to reduce uncertainties for developers; project will add at least 40,000 sq m of new...
2 days ago
Singapore business confidence slides for second straight quarter: SCCB
Shikhar Gupta - The Business Optimism Index has fallen to 4.1 percentage points for Q2
2 days ago
Fire near Dubai airport under control after drone attack, flights suspended
Gulf Arab states have faced more than 2,000 missile and drone attacks since Feb 28
2 days ago
Flights at Dubai airport suspended after drone attack
Gulf Arab states have faced more than 2,000 missile and drone attacks since the outbreak of the US-Israeli war on Iran on...
2 days ago
Fire contained in vicinity of Dubai airport after drone attack, flights suspended
Gulf Arab states have faced more than 2,000 missile and drone attacks since the outbreak of the US-Israeli war on Iran on...
2 days ago
Micron plans second chip facility at newly acquired Taiwan site
TAIPEI, March 16 : U.S. memory chipmaker Micron Technology said on Monday it plans to build a second manufacturing facility in Taiwan at the Tongluo site it recently acquired from Powerchip Semiconductor Manufacturing Corp.The new facility will help it expand supply of leading-edge DRAM products inc ...
2 days ago
Gold wavers near US$5,000 as Middle East war keeps oil prices elevated
Uncertainty over how long the war will last makes it difficult to assess the impacts on markets and the wider economy
2 days ago
SERT acquires cold storage facility in the Netherlands for €35 million, giving net yield of 6%
The Edge Singapore - Stoneweg Europe Stapled Trust has acquired a cold storage facility in the Netherlands for €35 million, or around $51.7 million. Based on the acquisition price, Transportweg 23-25, as this asset is called, provides a net yield of 6%. This marks SERT's first acquisition since 2022. The asset, w ...
2 days ago
JD.com’s European push pits Chinese retailer against Amazon
The push into foreign markets comes at a time when Chinese companies are competing for share at home
2 days ago
Australia’s Perpetual exits wealth in A$500 million Bain sale
The sale is another foray by an international firm tapping the country’s booming pensions and wealth market
2 days ago
Stock markets wary, oil steady on Hormuz tensions; traders eye central banks
LONDON/SYDNEY, March 16 : Investors were in a cautious mood on Monday as hostilities in the Gulf kept oil prices elevated, clouding an inflation outlook that should keep most central banks on pause at policy meetings this week.Israel said on Monday it has detailed plans for at least three more weeks ...
2 days ago
Asia shares cautious, oil gains on Hormuz doubts
SYDNEY, March 16 : Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, clouding an inflation outlook that should keep most central banks on pause at policy meetings this week, and probably leading one to hike.In a possible hint of hope, the Wall Street Jo ...
2 days ago
Asia shares wary, oil choppy on Hormuz doubts
SYDNEY, March 16 : Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike.In a possible hint of hope, the Wall Street Journ ...
2 days ago
Asia shares wary, oil volatile as war drags on
SYDNEY, March 16 : Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike.In a possible hint of hope, the Wall Street Journ ...
2 days ago
Japan finance minister flags readiness to take decisive steps on forex
TOKYO, March 16 : Japan Finance Minister Satsuki Katayama said on Monday that the government is prepared to take decisive steps against volatility in foreign exchange and other financial markets, as the yen sank close to the psychologically important 160-per-dollar line."There was shared concer ...
2 days ago
OUE Healthcare subsidiary opens ‘Singapore’s first private sleep laboratory’
Jovi Ho - Lung specialist group O2 Healthcare, a subsidiary of Catalist-listed OUE Healthcare, has launched O2 SleepWell Laboratory, dubbed “Singapore’s first private sleep laboratory”. Launched on March 13, the O2 SleepWell Laboratory is operated by O2 SleepWell, a subsidiary of O2 Lung Centre, itself ...
2 days ago
Oil extends gains as Middle East conflict threatens export facilities
Brent crude and US West Texas Intermediate crude have surged more than 40 per cent this month to their highest levels since...
2 days ago
Stocks to watch: Stoneweg Trust, Acrophyte Hospitality Trust, OUE Healthcare
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Mar 16):
2 days ago
World’s top central banks are about to confront fresh inflation threat as war jolts oil
Much hinges on how long the conflict lasts, something markets are struggling to gauge
2 days ago
Sert buys logistics property in the Netherlands for 35 million euros
Shikhar Gupta - It is the stapled group’s first property acquisition since 2022
2 days ago
JD.com launches Joybuy in Europe, targeting Amazon
LONDON, March 16 : Chinese e‑commerce giant JD.com on Monday launched its Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium and Luxembourg, stepping up its push beyond its home market and taking aim at market leader Amazon.JD.com wants to internationalise its business ...
2 days ago
As Gulf conflict rattles investors, STI listcos spend S$180 million on share buybacks
Therese Soh - Shareholders welcome share buybacks as a way for corporates to return cash to them, but they can be a double-edged sword
2 days ago
As Gulf conflict rattles investors, STI listcos spend S$150 million on share buybacks
Therese Soh - Shareholders welcome share buybacks as a way for corporates to return cash to them, but they can be a double-edged sword
2 days ago
As skittish investors head for the door amid Gulf war, STI listcos fork out S$150 million to pick up own shares
Therese Soh - Shareholders welcome share buybacks as a way for corporates to return cash to them, but they can be a double-edged sword
2 days ago
NTUC, employers split on retrenchment notice lead time; workers say timely support matters more
The ministry is conducting a comprehensive review of the Employment Act and will provide updates in due course
2 days ago
Middle East oil shocks send S-E Asia scrambling for alternatives, but cleaner mix is no easy choice
Evan See - The crisis may be a catalyst – or obstacle – for the region’s renewable energy transition goals