1 day ago
Lendlease Global Commercial Reit preferential offering only 62.2% subscribed
Shikhar Gupta - Underwriters DBS, OCBC, UOB will have to absorb around S$74.3 million worth of stock
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Meta’s Zuckerberg developing AI agent to help with his CEO duties, WSJ reports
META chief executive Mark Zuckerberg is building a CEO agent to help him do his job, the Wall Street Journal reported on...
1 day ago
Stocks to watch: Mapletree Logistics Trust, Lendlease Global Commercial Reit, AEM
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Mar 23):
1 day ago
Mapletree Logistics Trust to acquire Mumbai warehouse for S$53.6 million
Deon Loke - The move expands the trust’s reach in India beyond Pune and Delhi to a new market in Mumbai
1 day ago
Mapletree Logistics Trust to acquire Mumbai warehouse for 3.89 billion rupees
Deon Loke - The move expands its reach in India beyond Pune and Delhi
1 day ago
PepsiCo bets on AI across China operations to boost efficiency
BEVERAGES giant PepsiCo is deploying artificial intelligence (AI) across its operations in China and beyond to improve efficiency, Anne Tse, its head...
1 day ago
Dollar gains as investors flee risk on escalating Middle East war
TOKYO, March 23 : The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk appetite and lifted demand for safe-haven assets.The Australian dollar, a liquid proxy for global sentiment, slid as equities sold off across Asia. Japan's top currency diplomat ...
1 day ago
Dollar rises as escalating Middle East war spurs haven demand
TOKYO, March 23 : The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk appetite and lifted demand for safe-haven assets.The Australian dollar, a liquid proxy for global sentiment, slid as equities sold off across Asia. Japan's top currency diplomat ...
1 day ago
Dollar poised for rally as escalating Middle East conflict spurs haven demand
TOKYO, March 23 : The dollar was poised for a rebound on Monday as retaliatory threats escalated in the Middle East crisis, damping risk sentiment and boosting demand for haven assets.The greenback on Friday closed out its first weekly decline since the start of the war in Iran, as the effect of sur ...
1 day ago
Savvy to buy ByteDance studio Moonton for US$6 billion
Saudi Arabia is working to become a global destination for gamers
2 days ago
Asia’s busiest earnings week puts tech, consumer shares in focus
About 180 companies of the 1,200-odd members of the MSCI Asia-Pacific Index are set to report this week
2 days ago
New Zealand yields hit highest since 2024 on outlook cut, oil
Global bonds have come under renewed pressure as the conflict in the Middle East shows no sign of de-escalation
2 days ago
AvePoint eyes US$100 million in acquisitions to fast-track US$1 billion revenue target
Young Zhan Heng - The data management firm is also considering more stock buybacks and expanding its headcount
2 days ago
Nasdaq’s bullish trend entering consolidation phase
As the Nasdaq 100 moved into mid-March 2026, the index remained under pressure following the formation of a double top near 26,182,...
2 days ago
Cathay Pacific counts on South-east Asia’s burgeoning middle class to drive next growth phase
Derryn Wong - The airline has prepared for increased passenger and cargo traffic by boosting its capacity and expanding its home base
2 days ago
‘First meaningful stress test’: Asia family offices weigh exit as Gulf conflict shakes Dubai’s wealth-hub allure
Jean Low Jie Ying - There has been an increase in inquiries to repatriate assets to Asia, especially Singapore
2 days ago
A (dual) class act to follow in SGX’s path to dual listings
Some believe that Singapore’s dual-class regime remains a path less trodden simply because it was rolled out in no-man’s-land
2 days ago
Johor-Singapore SEZ could draw more tech giant interest as Middle East data centre attacks prompt rethink
Tan Ai Leng - As geopolitical risks push hyperscalers to diversify, Johor could emerge as a viable alternative hub
2 days ago
Australia pensions to reach US$4 trillion by 2030 with fewer funds
The country’s pensions system is the world’s fourth largest and is projected to leap to second place in the coming years
2 days ago
Oil stabilises as investors weigh US, Iran threats to facilities, sanctions lift
Analysts estimated a loss of 7 million to 10 million barrels per day of oil production in the Middle East
2 days ago
Oil prices rise after US, Iran threaten to hit energy targets in the Middle East
[SINGAPORE] Oil prices rose on Monday after US President Donald Trump and Iran threatened to attack energy facilities in the Middle East,...
2 days ago
Iran to completely close Hormuz if Trump executes threats on Iranian energy, Revolutionary Guards say
The conflict looks set to intensify
2 days ago
Philippines allows temporary use of dirtier fuel amid Middle East crisis
The country relies heavily on Middle Eastern oil for its fuel needs
2 days ago
Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source says
The conflict has killed more than 2,000 and spurred Iranian retaliatory strikes
2 days ago
AEM partners ASE Technology for AI, high-performance computing chip testing
Ry-Anne Lim - AEM will also raise S$12 million through a private placement for its Taiwan expansion, integration into ASE’s operations
2 days ago
MAS should require EQDP fund managers to express their views, flex shareholder power
Ben Paul - An alignment of interests with minority investors could be a more constructive motivating force for IDs than their vaunted independence
2 days ago
Rivelle Tampines EC sells over 90% of units at average price of S$1,893 psf at launch
Ry-Anne Lim - Demand comes from a mix of buyers, including a ‘notable proportion’ of young professionals and public housing upgraders
2 days ago
The challenges of an AI-powered legal industry
Artificial intelligence is changing work for lawyers, but humans are still needed to hold the ethical line
2 days ago
Sinopec posts 36.8% drop in 2025 net profit on weak petrochemical margins, new energy substitution
Refinery throughput is down 0.8% at 250.33 million tonnes, equivalent to five million barrels per day
2 days ago
Sinopec’s full-year profit falls 34% to 32.5 billion yuan as fuel demand weakens
SINOPEC reported a steeper-than-expected decline in profit for 2025 as faltering fuel demand and an oversaturated chemicals market sapped margins.
2 days ago
HGH Holdings disposes of 20% stake in subsidiary Premium Concrete for $2.4 mil
Felicia Tan - Catalist-listed HGH Holdings has agreed to sell its 200,000 shares — or a 20% stake — in its wholly-owned subsidiary, Premium Concrete, for $2.4 million. The company had entered into a share purchase agreement (SPA) with Lim Kui Teng, founder of private construction company, Chuan Lim Constructi ...
2 days ago
Sim Lian sells 92% of 572-unit Rivelle Tampines EC at $1,839 psf on average
Gerine Tang Yi Qian - Sim Liam’s Rivelle Tampines executive condominium (EC) sold 92% of its 572 units at its launch on March 21, at an average price of $1,893 psf. The units sold were priced from $1,588,000 for an 883 sq ft three-bedroom unit, $1,893,000 for a 1,044 sq ft four-bedroom unit and $2,559,000 for a 1,378 s ...
2 days ago
Ellipsiz receives $65 mil loan from Maybank Singapore to help fund egg farm development
The Edge Singapore - ISE Foods Holdings (IFH), a subsidiary of SGX-listed Ellipsiz, has received a $65 million loan from Maybank to help fund the development of Singapore's fourth egg farm. Ellipsiz's plans for this egg farm extend as far back as 2021 and has received the support of the Singapore Food Agency. ...
2 days ago
Low-cost Ozempic copies launch in India as Novo Nordisk’s patent expires
One firm plans to make a semaglutide jab at a starting price of 1,290 rupees a month