2 days ago
Elite UK Reit secures £24.3 million in new leases with UK government
Deon Loke - Its portfolio’s weighted average lease to expiry is expected to improve from 2.4 years to 7.2 years
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
MSCI pressure mounts on billionaire-held Indonesia shares
Investors have for years complained that the country’s biggest firms are thinly traded and held by tycoons
2 days ago
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025
2 days ago
Elite UK REIT signs GBP24.3 million for new lease agreements for properties occupied by UK's DWP
The Edge Singapore - Elite UK REIT's manager has announced it has concluded negotiations and entered into new lease agreements with The Secretary of State for Housing, Communities and Local Government of the United Kingdom (the Tenant) for properties occupied by the Department for Work and Pensions (DWP) (New Lease ...
2 days ago
Chinese EV maker Nio expects to post first adjusted operating profit
Feb 5 : Chinese electric-vehicle maker Nio said on Thursday it expects to post its first-ever adjusted operating profit in the fourth quarter of 2025, driven by higher vehicle sales and cost controls that improved profitability.The company's U.S.-listed shares rose about 9 per cent in premarket ...
2 days ago
Syngenta targets up to US$10 billion Hong Kong listing in 2026: sources
The company could float up to 20% of its shares
2 days ago
Suntec REIT plans to return home
Goola Warden - During Suntec REIT’s results briefing on Jan 23, Chong Kee Hiong, CEO of Suntec REIT’s manager, was clear about how he wants the REIT’s portfolio to take shape. Ideally, the REIT plans to divest a mature Australian asset to prime its portfolio for a Singapore asset from its new sponsor. The ch ...
2 days ago
HPH Trust’s H2 DPU down 9.7% at HK$0.065; braces for continued uncertainty over US-China tariffs
Sharanya Pillai - The trust warns of ‘gradual restructuring of shipping routes and cargo flows’ as trade remains volatile
2 days ago
Australia beckons, but can S-REITs profit?
Goola Warden - With the US dollar under pressure and Australian rates staying high, the Australian dollar is rising. That could help Singapore REITs, but investors should not assume the gains will be automatic Geopolitics has slowed what appeared to be a long-term strengthening of the Singapore dollar (SGD) agains ...
2 days ago
CapitaLand Ascendas Reit H2 DPU falls 2% to S$0.07528
Deon Loke - Revenue for the period rises 4.1% on the year to S$783.8 million
2 days ago
CapitaLand Ascendas Reit looks to redevelop older business park and data centre assets, as H2 DPU falls 2% to S$0.07528
Jessie Lim - The older business park assets are Changi Business Park and International Business Park
2 days ago
Elliott raises Toyota Industries stake in push to block buyout
The US fund now owns around 7.1% of Toyota Industries
2 days ago
Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU
BRUSSELS, Feb 5 : The European Commission said Apple Ads and Apple Maps should not be designated under the EU’s Digital Markets Act, citing Apple Maps' relatively low usage in the EU and the limited scale of Apple Ads in the EU online advertising market."The Commission has concluded that ...
2 days ago
STI rises 0.2% to new high, edging closer to 5,000 mark
Renald Yeo - Across the broader market, gainers beat losers 306 to 299 after 1.5 billion securities worth S$2 billion change hands
2 days ago
Hiap Hoe expects 'significant' improvement in its FY2025 earnings
The Edge Singapore - Real estate company Hiap Hoe expects to report a "significant improvement" in its 2HFY2025 and FY2025 earnings for the year ended Dec 2025. The company says the better showing is due to stronger operating performance of its business and also an increase in the fair value of its financial i ...
2 days ago
CLAR's 2HFY2025 DPU down 2% to 7.528 cents
The Edge Singapore - CapitaLand Ascendas REIT has reported net property and distributable income for its 2HFY2025. However, its DPU of 7.528 cents for its half year ended Dec 2025 was down 2% because of a larger unit base following last June's equity fund-raising. This brings its full-year DPU to 15.005 cents, down ...
2 days ago
HPH Trust’s FY2025 DPU falls 5.7% to 11.5 HK cents on higher Yantian statutory reserve
Felicia Tan - Hutchison Port Holdings Trust (HPH Trust) announced a distribution per unit (DPU) of 11.5 HK cents (1.9 cents) for FY2025, 5.7% lower than the FY2024 DPU of 12.2 cents, mainly due to the increase in statutory reserve set aside for Yantian in 025. Revenue rose by 2.6% y-o-y to HK$11.86 billion. Combi ...
2 days ago
CDL, Woh Hup tie-up tops Tanjong Rhu site tender with S$709.25 million bid at S$1,455 psf ppr
Kalpana Rashiwala - The 99-year leasehold private housing site fetches 5 bids
2 days ago
Exclusive-Syngenta targets up to $10 billion Hong Kong listing in 2026, sources say
ZURICH/HONG KONG, Feb 5 : Syngenta Group is targeting a Hong Kong listing that could raise as much as $10 billion this year, two sources with knowledge of the deal said, setting the Swiss agrichemicals and seeds group on course for one of the world's biggest IPOs in 2026.Syngenta, owned by Chin ...
2 days ago
Indonesia discussing oil refinery plan with India's Essar Group, energy minister says
JAKARTA, Feb 5 : Indonesia's energy minister Bahlil Lahadalia on Thursday said he has met with Indian conglomerate Essar Group and Indonesia's state energy firm Pertamina to discuss a plan to develop an oil refinery in the country.In the meeting, Bahlil said they discussed the strengthenin ...
2 days ago
CDL-Woh Hup JV places top bid for Tanjong Rhu GLS site, beating out four others
Jovi Ho - The Tanjong Rhu Road Government Land Sales (GLS) site received a top bid of $1,455 psf per plot ratio (ppr) from a joint venture involving a unit of City Developments (CDL), beating out four other bidders for the first land parcel in the area since 1997. With a bid of over $709 million, CDL Constell ...
2 days ago
Nearly 7,000 BTO flats to go on sale in June
Bishan will feature a 1,210-unit project in Upper Thomson, possibly Prime or Plus
2 days ago
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December
2 days ago
Maybank lowers FY2026 DPU by 3.8% on ESR-REIT due to ‘potential income vacuum’ from divestments
Douglas Toh - Analyst Liu Miaomiao of Maybank Securities is keeping her “buy” call on ESR-REIT at an unchanged target price of $3.00 following the REIT’s FY2025 ended December 2025 results. In the period, ESR-REIT’s dividend per unit (DPU) grew 3.4% y-o-y to 21.44 cents. Growth was underpinned by an 11.7% ...
2 days ago
Grab to equip 10,000 drivers, merchants with AI skills by 2028
Young Zhan Heng - This aligns with efforts by policymakers to future-proof workers as AI reshapes business models and jobs
2 days ago
Britain to work with Microsoft to build deepfake detection system
LONDON, Feb 5 : Britain will work with Microsoft, academics and experts to develop a system to spot deepfake material online, the government said on Thursday, as it moves to set standards for tackling harmful and deceptive AI-generated content.While manipulated material has circulated online for dec ...
2 days ago
Taiwan to ramp up purchases of US natural gas this year
TAIPEI, Feb 5 : Taiwan will ramp up its purchases of U.S. natural gas to make up about one-third of its imported supply this year, and reduce purchases from other countries, officials said on Thursday.Taiwan, which runs a large trade surplus with the U.S., has shown an interest in a potentially enor ...
2 days ago
HSBC to cull underperformers as some bankers face zero bonuses
It wants to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance
2 days ago
Analysis:Decisive win for Japan PM Takaichi may be best scenario for bonds, yen
TOKYO, Feb 5 : A landslide win for Japan's ruling Liberal Democratic Party (LDP) at Sunday's election may be the best outcome for bonds and the yen, analysts say, even as Prime Minister Sanae Takaichi's spending pledges have repeatedly rocked markets.The vote has investors on edge bec ...
2 days ago
Compulsory winding-up applications rise to 15-year high in 2025
Tay Peck Gek - The number of business cessations is the third-highest since 1990
2 days ago
US drone makers seek Asia sales as China threat rises
US companies open Asia offices, secure regional contracts
2 days ago
Shell keeps buybacks steady as profit falls, misses expectations
It has a Q4 net profit of US$3.3 billion, dropping 11% from the year before amid lower oil prices
2 days ago
OCBC maintains top position in Bloomberg’s Bookrunner League Table for SGD bonds
Kwan Wei Kevin Tan - Oversea-Chinese Banking Corporation (OCBC) (SGX: O39 ) has retained its position as the top issuer for Singapore dollar bonds (SGD) in Bloomberg’s Bookrunner League Table for 2025. This is the second consecutive year OCBC has clinched the title. Last year, OCBC participated in 59 SGD bond issuance ...
2 days ago
Anthropic's AI push raises analyst concerns over Indian IT services revenues
Feb 5 : Rapid advances in artificial intelligence, triggered in part by Anthropic's latest automation push, could structurally erode the IT sector's high-margin application services revenues, creating downside risks to earnings and valuations, analysts warn.Shares in India's software ...