1 day ago
Nissan poised to offer record-high coupon in US$4 billion bond sale
The company is facing corporate bond redemptions of about one trillion yen between 2025 and 2026, and the funding is critical for...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
SIA-MAS pact to pip AirAsia’s seat share on Singapore-KL route
Tan Ai Leng - The tie-up is expected to create more competitive fares and higher flight frequencies for travellers between Singapore and Malaysia
1 day ago
SIA, MAS team-up on Singapore-KL route set to shake up world’s fourth busiest air corridor
Tan Ai Leng - The tie-up is expected to create more competitive fares and higher flight frequencies for travellers between Kuala Lumpur and Singapore
1 day ago
Affluent Singapore respondents say they need US$1.39 million to retire comfortably: HSBC survey
Bryan Cheong - The study also reveals Singapore to be one of the top destinations for investors to move their money to
1 day ago
US$1.39 million: That’s the sum Singapore affluents say they need to retire comfortably
Bryan Cheong - This is above the global average of US$1.05 million, according to an HSBC survey
1 day ago
Singapore’s future bankers vie for coveted spots at university finance clubs
There are so-called “super days” with multiple rounds of interviews stretching for hours with a student panel.
1 day ago
Tesla to expand robotaxis to San Francisco area within two months, Musk says
SAN FRANCISCO :Tesla will expand its robotaxi service to the San Francisco Bay Area "in a month or two", depending on regulatory approvals, CEO Elon Musk said on Wednesday.Tesla last month rolled out a test of the long-promised service in a limited area of Austin, Texas, with about a dozen ...
1 day ago
Tesla to expand robotaxi service to San Francisco Bay Area within two months, Musk says
SAN FRANCISCO :Tesla will expand its robotaxi service to the San Francisco Bay Area "in a month or two", depending on regulatory approvals, CEO Elon Musk said on Wednesday.Tesla last month rolled out a test of the long-promised service in a limited area of Austin, Texas, with about a dozen ...
1 day ago
CGS expects Genting Singapore to a pick up in 3Q2025
Samantha Chiew - CGS International is keeping its "add" rating on Genting Singapore (GENS) with an unchanged target price of $1.05, following analyst Tay Wee Kuang conducting a site visit to Universal Studios Singapore (USS). "During our visit to USS, we saw a sizeable crowd, with a queue build-up pri ...
1 day ago
DBS downgrades Genting Singapore to ‘hold’ amid mounting headwinds
Samantha Chiew - DBS Group Research is downgrading its call on Genting Singapore (GENS) to “hold” from “buy” previously with a lower target price of 80 cents from 90 cents, due to lower valuation peg and earnings given heightened macro uncertainties and potential MSCI SG Index exclusion. GENS is one of the m ...
1 day ago
Bank of Korea holds rates steady amid tariff, household debt concerns
[SEOUL] South Korea’s central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability...
1 day ago
Chinese tycoons are turning Indonesia into an aluminium giant
Even the Indonesian industry is now creaking under the weight of its own success
1 day ago
Trump names Transportation Secretary Duffy as interim NASA administrator
U.S. President Donald Trump on Wednesday tapped Transportation Secretary Sean Duffy to serve as the interim administrator of NASA, a role that has remained vacant since Trump withdrew his initial nominee.Duffy will temporarily take over the post that has been in the spotlight due to Trump's feu ...
1 day ago
Gold edges higher as Trump tariff moves keep markets on edge
[BENGALURU] Gold prices edged higher on Thursday (Jul 10) as US President Donald Trump’s latest tariff announcements kept markets cautious, with investors...
2 days ago
Prime US REIT signs new lease, raising occupancy at Maryland building to 85%
The Edge Singapore - Prime US REIT has announced that it has clinched a new tenant for an 11-year lease at the re-branded Waterfront at Washingtonian, Gaithesburg, Maryland. The tenant, who signed the 120,000 sq ft lease, is an American advanced clean energy and fuel design engineering company, backed by a global e-comm ...
2 days ago
Food Empire to invest US$37 million to expand India coffee facility, eyes Asia for growth
Therese Soh - As part of the group’s vertical integration strategy, the expansion will raise the plant’s capacity by around 60% to boost the fast-growing...
2 days ago
Food Empire to invest US$37 million to expand soluble coffee manufacturing facility in India
Therese Soh - It will raise the plant’s capacity by around 60% and support the company’s fast-growing branded consumer business, which has driven 4 straight...
2 days ago
Trump announces 50% tariff on copper effective Aug 1
WASHINGTON: United States President Donald Trump announced on Wednesday (Jul 9) a 50 per cent tariff on copper, saying on social media that it would be effective on Aug 1 and that the decision was made after a national security assessment. "Copper is necessary for Semiconductors, Aircraft, Ship ...
2 days ago
Dollar catches breath, Brazil real slides on tariff threat; bitcoin near record high
TOKYO :The U.S. dollar slipped further from a two-week high versus major peers on Thursday, as President Donald Trump's latest tariff salvos failed to shake markets, except in Brazil where a threatened 50 per cent levy sent the real sliding as much as 2.8 per cent overnight.The dollar felt addi ...
2 days ago
Dollar steady, Brazilian real slides on tariff threat; bitcoin near record high
TOKYO/LONDON :The U.S. dollar stabilised on Thursday after retreating from a two-week high versus major peers, as markets took U.S. President Donald Trump's latest tariff salvos in their stride, except in Brazil where a threatened 50 per cent levy sent the real sliding.The dollar had been knock ...
2 days ago
Prime US Reit signs 120,000 sq ft lease at Waterfront at Washingtonian in Gaithersburg, Maryland
Chloe Lim - The Class A office tower is located within the I-270 corridor submarket of Gaithersburg
2 days ago
Prime US Reit signs 120,000 sq ft lease at Class A office tower in Maryland
Chloe Lim - This new anchor lease will bring the building to above 85% occupancy
2 days ago
Prime US Reit signs 120,000 sq ft lease at Class A tower in Maryland
Chloe Lim - This new anchor lease will bring the building to above 85% occupancy
2 days ago
BOJ will hold off rate hikes until March due to US tariff hit, ex-policymaker says
[TOKYO] The Bank of Japan will likely hold off raising interest rates again until at least next March to assess the damage...
2 days ago
US fiscal expansion keeps USD weak as treasury yields fall: Lombard Odier
Samantha Chiew - The USD is likely to remain under pressure despite the potential for short-term rallies, as markets digest the fiscal implications of the Trump administration’s latest budget and prepare for expected interest rate cuts by the Federal Reserve. According to Lombard Odier’s latest CIO Office Viewpo ...
2 days ago
Despite IPO boom, HKEX hype could ‘moderate’ with trade tensions set to impact 1HFY2025 results: Morningstar
Jovi Ho - With the Stock Exchange of Hong Kong (SEHK) set to be the world’s top market in terms of IPO proceeds this year, analysts from Morningstar Equity Research and CGS International (CGSI) have eyed the financial results of operator Hong Kong Exchanges and Clearing (HKEX), itself listed on the Hong Kon ...
2 days ago
Government watching job situation for fresh graduates closely, exploring further support: Gan Siow Huang
[SINGAPORE] Amid a challenging hiring outlook, the government is watching the employment situation of fresh graduates closely, Gan Siow Huang, Minister of...
2 days ago
UOL unit prices S$75 million fixed rate notes at 2.78%
Therese Soh - They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme
2 days ago
Stocks to watch: DBS, Singtel, ST Engineering, UOL, SGX, Food Empire, Prime US Reit, Soilbuild Construction
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 10):
2 days ago
Hong Kong Jockey Club to unload US$1 billion in Blackstone, Warburg funds
Salamat Sanwan - The sales come as other Asia funds and wealthy investors dial back investments in the US, concerned that Trump’s trade wars have...
2 days ago
Australia takes another step toward a central bank digital currency
[SYDNEY] Australia’s central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with...
2 days ago
Barclays hires sales trader in Hong Kong after pullback
The firm is making a global push to expand the business and build out its platform by ploughing more capital into profitable...
2 days ago
Japan June wholesale prices rise 2.9% y/y
TOKYO :Japan's annual wholesale inflation slowed in June for the third straight month, data showed on Thursday, backing up the central bank's view that price pressures from rising raw material costs will gradually dissipate.The corporate goods price index (CGPI), which measures the price c ...
2 days ago
Japan's wholesale inflation slows, relieves interest rate-hike pressure
TOKYO :Japan's annual wholesale inflation slowed in June for the third successive month, data from the Bank of Japan showed on Thursday, backing up the central bank's view that price pressure from rising raw material costs will gradually dissipate.While food prices continued to rise steadi ...