4 days ago
India central bank cuts key rate, boosts liquidity to support ‘goldilocks’ economy
The Indian economy is under pressure from punitive tariffs imposed by Trump
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
4 days ago
India central bank cuts repo rate by 25 basis points, boosts liquidity
The Indian economy is facing a “rare goldilocks” period, RBI governor says
4 days ago
Warner Bros begins exclusive deal talks with Netflix
The traditional TV business is in the midst of a major contraction as viewers shift to streaming
4 days ago
Netflix in exclusive talks to buy Warner Bros Discovery assets: source
The parent of HBO receives a second round of bids this week
4 days ago
Netflix to buy Warner Bros Discovery’s studios, streaming unit for US$72 billion
The deal will further tilt the power balance in Hollywood in favour of the streaming giant
4 days ago
DHL deploys autonomous supply chain vehicle in Singapore
Nurdianah Md Nur - DHL Supply Chain has rolled out an autonomous vehicle (AV) designed specifically for supply-chain operations in Singapore. The fully electric AV is now operating at the company’s Asia Pacific Advanced Regional Centre, where it supports Infineon Technologies’ operations. Developed with Zelostech, ...
4 days ago
Singapore retail sales growth picks up to 4.5% in October
Tessa Oh - Most retail categories record higher sales, led by watches and jewellery, as well as recreational goods
4 days ago
China chipmaker Moore Threads soars 502% after eight billion yuan IPO
The listing comes as optimism over the country’s drive for tech self-sufficiency intensifies, fuelled by trade tensions and fears of US technology...
4 days ago
CLI-backed SC Capital starts work on US$600 million first phase of Osaka data centre
Chloe Lim - The 100MW facility in a prime location will have direct access to robust power infrastructure and major network routes
4 days ago
Cybersecurity hiring in Singapore surges with AI adoption, but talent gaps remain
Deon Loke - Job postings in the sector record the highest jump in three years, notes job site Indeed
4 days ago
Philippines eyes easing IPO float rules to lure firms like GCash
Companies will be required to keep certain minimum public float levels after listing
4 days ago
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level...
4 days ago
Netflix enters exclusive talks to acquire Warner Bros Discovery studio and streaming service, Bloomberg News reporter says
(Corrects spelling of acquire in paragraph 1)Dec 4 : Netflix has entered exclusive talks with Warner Bros Discovery to acquire its studio and streaming service, a Bloomberg News reporter said in a post on X.Netflix has emerged as the top bidder for Warner Bros Discovery, Reuters reported on Thursday ...
4 days ago
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index
4 days ago
VinFast to invest US$500 million in India to expand manufacturing
The company plans to increase production to 150,000 annually within a year and double it in the next three years
4 days ago
SC Capital Partners breaks ground on 100MW Osaka data centre site
Jovi Ho - Singapore-based institutional real estate investment management firm SC Capital Partners Group (SCCP) has started construction on a new 100-megawatt (MW) data centre in Osaka, Japan. SCCP says the first phase will have a total investment of approximately US$600 million and had secured the necessary ...
4 days ago
Who stands to gain from SingLand’s Marina Square redevelopment?
Jovi Ho - Thinly-traded Singapore Land Group (SingLand) is taking a big swing with Marina Square complex, announcing on Dec 2 its plans to create “Singapore’s first hyper-mixed development” by adding a residential tower, a serviced apartment block and a mixed-use tower. SingLand, which is 50.37%-owned b ...
4 days ago
Analysts more confident on DFI’s Retail prospects following recent inaugural investor day
Teo Zheng Long - Numerous analysts are keeping their respective “buy” calls on DFI Retail and raising their target prices to between US$4.25 to US$4.50, following the recent inaugural investor day. In his Dec 4 report, Chee Zheng Feng from DBS Group Research says that DFI Retail’s management has laid out clear ...
4 days ago
Rare SGX unicorn IPO UltraGreen.ai eyes eventual Nasdaq listing too
Teo Zheng Long - UltraGreen.ai has been listed on the Singapore Exchange (SGX) as one of the larger healthcare-related names, injecting some variety into the local bourse, which has been dominated by companies in financial services, property and REITs. In his own words, Ravinder Sajwan, CEO and executive director of ...
4 days ago
SGX’s ‘Next 50’ index stocks are not overvalued and still worth a look
Kwan Wei Kevin Tan - Singapore stocks have been rallying amid the Monetary Authority of Singapore (MAS)’s planned initiatives to stimulate the market, but investors looking to take profit on their holdings may not want to cash out just yet. Matthias Chan, head of equities research at SAC Capital, says the next 50 stoc ...
4 days ago
Manulife US REIT warns of ‘risk of liquidation’ should EGM resolutions fail
Jovi Ho - Come Dec 16, unitholders of Manulife US REIT (MUST) will vote on whether to allow the REIT manager to sell up to three of its US office assets and invest in industrial, living and retail assets not just in the US, but also up north in Canada. Announced on Dec 1, the manager hopes unitholders will ap ...
4 days ago
Johor-based developer KSL gains interest as second generation seeks to make a mark
Rosalynn Poh - KSL Holdings, one of Johor’s most established developers with over 40 years of experience in township and integrated developments, as well as building and managing shopping malls and hotels, is attracting investor interest as the second generation of owners have risen through the ranks to become p ...
4 days ago
Singapore, Malaysia to ramp up cross-border taxi quota to 500 per country
Chloe Lim - Foreign taxis will be allowed to drop off passengers anywhere outside their home country
4 days ago
What would an imaginary merger of DBS and Standard Chartered look like?
Goola Warden - Piyush Gupta, DBS’s former group CEO, took on his former role in 2009 when the bank’s net profit was just $2 billion and its share price was around $12. He took the bank to a profit of $10 billion in FY2023 (DBS’s share price on Gupta’s last day in March this year was $46.47.) On Dec 1, Gupt ...
4 days ago
Dancing Queen, feel the beat of the tambourine
Chew Sutat - My last two columns, written before and after my back-to-back trips to China and Japan, were inspired by Guns N’ Roses (Coming November Rain harks to heavier fund flows, Nov 3, Issue 1213) and Bon Jovi (Slippery when wet from high liquidity, Nov 24, Issue 1216). It never occurred to me that they w ...
4 days ago
Buybacks may drive the Straits Times Index
Nirgunan Tiruchelvam - I first moved to Singapore in July 1997 from London. The pound was equal to three Singapore dollars. The Spice Girls were still top of the pops. The move was a step up in lifestyle. There was a massive food court in Shenton Way called Lau Pa Sat. It had a vast array of choices. The cuisine ranged fr ...
4 days ago
Japan's Nikkei skids in upbeat Asia; investors eye US inflation data
SYDNEY, Dec 5 : Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise upbeat Asian performance as investors wait for a U.S. inflation reading that could sway a deeply divided Federal Reserve. European stock markets were headed for a flat open, with both EURO STOX ...
4 days ago
Japan's Nikkei skids in subdued Asia as bets of rate hike grow
SYDNEY, Dec 5 : Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates. The Nikkei 225 fell 1.5 per c ...
4 days ago
Stocks rise, dollar wilts as investors strap in for Fed rate cut
LONDON, Dec 5 : Global shares rose on Friday, heading for a second week of gains, ahead of a key read of U.S. inflation that investors are confident will not prevent the Federal Reserve from cutting rates next week, which weighed on the dollar and boosted gold.European stock markets opened higher, p ...
4 days ago
Gold steady as rising yields offset dollar weakness; PCE data eyed
4 days ago
AvePoint banks on AI governance and dual listing to escape AI stock volatility
Nurdianah Md Nur - Security gaps are emerging as the biggest brake on enterprise adoption of artificial intelligence (AI). Three-quarters of organisations using AI suffered breaches in the past year, and data security concerns stopped 69% of firms from expanding deployments, according to research by AvePoint. Dual-lis ...
4 days ago
‘Do our best’ in China reflects business realities
Daryl Guppy - I recently left an American colleague with a bruised ankle from where I had kicked him under the table during a business discussion. Luckily, he took the hint rather than taking offence. The details of the discussion are not necessary except to say the purpose was to confirm with his Chinese busines ...
4 days ago
The reluctant heiress who saved her father’s agriculture empire
The “young” Liu has already been with New Hope Group, founded by her father Liu Yonghao, for 23 years
4 days ago
Liu Chang: The reluctant heiress who saved her father’s agriculture empire
The “young” Liu has already been with New Hope Group, founded by her father Liu Yonghao, for 23 years.