3 days ago
First self-driving shuttle vehicles in Punggol to start serving public within three months
Grab will operate the service in partnership with WeRide
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
Indonesia mulls palm oil export levy hike to support biodiesel mandate
JAKARTA, Jan 8 : Indonesia will likely increase its palm oil export levy to support the country's biodiesel mandate, energy ministry official Eniya Listiani Dewi told reporters on Thursday, citing tightening funds.Indonesia, the largest palm oil producer, has implemented a mandatory 40 per c ...
3 days ago
Indonesia sharpens axe on land clawback, raising stakes for giant planters
Elisa Valenta - Potential fines running into billions of dollars if disputed land is ultimately deemed illegal among investors’ concerns
3 days ago
Indonesia sharpens axe on land clawback, raising stakes for regional palm oil giants
Elisa Valenta - Potential fines may run into billions of dollars if disputed land is ultimately deemed illegal among investors’ concerns
3 days ago
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
Newer sources of demand are also gaining scale
3 days ago
‘No further action’ by CPIB against Nam Lee MD over whistle-blower report
Therese Soh - This comes ahead of extraordinary general meeting called to oust company executive director and chairman
3 days ago
CPIB says ‘no further action’ against Nam Lee MD over whistle-blower report
Therese Soh - This comes ahead of extraordinary general meeting called to oust company executive director and chairman
3 days ago
OVHcloud reports 6% organic growth in Q1, confirms annual guidance
Jan 8 : French cloud computing company OVHcloud on Thursday reported a 6 per cent organic rise in its first-quarter revenue, driven by a strong performance in its Public Cloud business, and reiterated its full-year 2026 guidance.The company reported revenue of 273.5 million euros ($319.5 milli ...
3 days ago
OVHcloud pushes for pan-European AI strategy as revenue grows in Q1
Jan 8 : The CEO of OVHcloud said on Thursday that the cloud computing firm was seeking a cross-border solution to the European Union's artificial intelligence infrastructure push, after the group reaffirmed its guidance for the 2026 financial year.Talking to analysts after OVHcloud reported ...
3 days ago
CPIB will take no further action against Nam Lee’s managing director, says company
Felicia Tan - The Corrupt Practices Investigation Bureau (CPIB) will take no further action against Yong Han Keong, Eric, the managing director of Nam Lee Pressed Metal Industries. According to the company’s statement dated Jan 8, Yong has informed the chairman of its nominating committee. On Oct 31, 2025, Nam ...
3 days ago
Grab, Chinese automaker GAC to deploy 20,000 EVs across South-east Asia
Chloe Lim - It will involve the introduction of three of the Chinese player’s models – Aion Y, Aion ES, and Aion V – across...
3 days ago
Young Singaporeans still prefer human advisers over digital tools for insurance products: survey
Ranamita Chakraborty - Hybrid solutions are needed to meet diverse needs, says Prudential
3 days ago
Young Singaporeans prefer human advisers over digital tools for insurance: survey
Ranamita Chakraborty - In addition, more than six in 10 prefer clear planning over spontaneity when it comes to financial planning, says Prudential
3 days ago
JD.com weighs raising 10 billion yuan in debut dim sum bond sale
Dim sum bonds are attractive to some Chinese tech firms because of their lower financing costs
3 days ago
‘Steepest discount’: Analysts give picks in office sector as S-Reits post highs since 2019
Shikhar Gupta - Office S-reits are undervalued, trading at the steepest discount to book value among this asset class
3 days ago
S-Reits post strongest returns since 2019 with 22.9% gain: Morningstar
Shikhar Gupta - Keppel Reit and Mapletree Industrial Trust are expected to perform well in 2026
3 days ago
‘Steepest discount’: Analysts bullish on office picks after S-Reits’ best run since 2019
Shikhar Gupta - Office S-Reits are undervalued, trading at the steepest discount to book value among this asset class
3 days ago
Indian top IT firms set for another tepid quarter on weak US demand, client spending
Jan 8 : India's information technology firms are expected to report another muted quarter, as tepid demand in the U.S. and holiday-period client shutdowns continue to weigh on tech spending, nine brokerages said ahead of earnings. Brokerages expect the top six IT firms by revenue to post about ...
3 days ago
Chinese teahouse chain Chagee is said to explore Hong Kong listing
The company’s US shares have fallen more than 50% since its April 2025 listing
3 days ago
Thai consumer confidence falls for the first time in four months in December, survey shows
BANGKOK, Jan 8 : Thailand's consumer confidence index fell for the first time in four months in December, according to a university survey on Thursday.Confidence fell due to the dissolution of parliament and the conflict between Thailand and Cambodia, which could slow the recovery of t ...
3 days ago
Trump’s bid to block corporate homebuying blindsides Wall Street
Most of the major institutional landlords have sharply curtailed purchases since the middle of 2022
3 days ago
Grab to roll out 20,000 GAC EVs across its Southeast Asia fleets
Nurdianah Md Nur - Grab is deepening its push into electric vehicles (EVs) through a strategic partnership with Chinese carmaker GAC, which will see 20,000 electric cars deployed across its Southeast Asian fleets. Under the agreement, Grab will introduce three of GAC’s electric car models — the AION Y, AION ES and ...
3 days ago
India’s central bank intervenes again to support rupee, traders say
[MUMBAI] The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce...
3 days ago
Australia central banker says inflation rate still too high
Interest rates might have to rise from the current 3.6% if prices did not cool
3 days ago
Chinese tech firms rise in Hong Kong debut as US-China tech race heats up
The trio’s performance will help gauge whether Hong Kong can extend last year’s IPO resurgence
3 days ago
HDB set to pump up BTO flat supply further to moderate resale prices: Chee Hong Tat
Chong Xin Wei - HDB asked to ‘go beyond’ current target of 55,000 flats from 2025 to 2027 to meet demand
3 days ago
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
Investors currently expect at least two Fed rate cuts this year
3 days ago
US oil companies say they need guarantees to invest in Venezuela: FT
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to...
3 days ago
BoS’s Singapore-focused discretionary mandates double in 2025 amid strong equity demand
Felicia Tan - Bank of Singapore’s (BoS) assets under management (AUM) for its Singapore-focused discretionary portfolio management (DPM) doubled in 2025 thanks to strong demand from high-net-worth investors and family offices for Singapore equities. The mandates allocate between 40% and 95% to Singapore equitie ...
3 days ago
Asia bankers fear US scrutiny of loans involving chips, China
The backlash against US capital flowing into an AI ecosystem linked to Chinese firms can be swift
3 days ago
Supermarkets, health and beauty retailers set to perform in 2026, DBS says, naming top picks
Shikhar Gupta - Conversely, Alethia Capital downgrades the beverage producer due to Thailand’s alcohol restrictions
3 days ago
Narra Residences in Bukit Timah-Dairy Farm precinct to start previews on Jan 17, prices from $998,000
Jovi Ho - The 540-unit Narra Residences in the Bukit Timah-Dairy Farm precinct will debut from Jan 17 to 27 with booking scheduled for Jan 31. The project is the first residential development in District 23 to be planned under the gross floor area (GFA) harmonisation framework and indicative prices start from ...
3 days ago
Attack on Venezuela may yield 'immediate' success for US but long-term consequences on the world worrying, says SM Lee
Kwan Wei Kevin Tan - The US military strike on Venezuela might yield “immediate” success for it but the world should be concerned about the fallout of the attack on the international order, says Senior Minister Lee Hsien Loong. “The immediate consequences, maybe it works, and it's a spectacular military succe ...
3 days ago
PhillipCapital downgrades Elite UK REIT to ‘accumulate’ following recent share price performance
Teo Zheng Long - PhillipCapital analyst Hashim Osman has downgraded his call on Elite UK REIT to "accumulate" following recent share price performance, while keeping the target price of 39 pence unchanged. In his report dated Jan 7, the analyst mentions that Elite UK REIT has around 95.7% of leases expirin ...