2 days ago
Motorway debuts China commercial vehicle brand Qingling Motors; relaunches Ssangyong in Singapore
Derryn Wong - Qingling Motors’ introduction comes just ahead of government incentives commencing in 2026
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Corporate governance and culture must go hand in hand amid complex challenges: Sias
Ranamita Chakraborty - They are ‘two sides of the same coin’, says founder, president and CEO David Gerald
2 days ago
Coliwoo Holdings closes at 58.5 cents on first day of trading, below IPO price of 60 cents
Nicole Lim - Coliwoo Holdings, the coliving business spun off from LHN Group, closed at 58.5 cents on its first day of trading on Nov 6. The company debuted on the mainboard of the Singapore Exchange (SGX) at 61.5 cents, 2.5% above its initial public offering price (IPO) of 60 cents. Its highest intra-day tradin ...
2 days ago
Exclusive-Google deal for Amazon reforestation makes Brazilian startup its top carbon credit supplier
BELEM, Brazil :Google has struck its biggest carbon removal deal, agreeing to finance restoration of the Amazon rainforest with Brazilian startup Mombak, as big tech hunts for high-quality credits to offset emissions tied to energy-hungry data centers.The companies told Reuters the deal would offset ...
2 days ago
What is the true value of co-living?
Samantha Chiew - When I first heard the word “co-living”, it felt like a marketing campaign rather than something with substance. This was pre-Covid, sometime in 2019, when Hmlet was the buzzy newcomer and CapitaLand’s Ascott opened lyf Funan with that photogenic ball pit. It looked fun on Instagram, but I was ...
2 days ago
From school assemblies to The Assembly Place
Samantha Chiew - At around 7.30am, students in primary and secondary schools across Singapore file onto the parade squares or school halls for morning assembly. For Eugene Lim, founder and CEO of The Assembly Place (TAP), those childhood moments have stuck with him. Lim recalls that during assembly, the diverse stud ...
2 days ago
LHN sees room to grow via spin-off listing and several expansion plans
Samantha Chiew - With Coliwoo standing on its own, LHN has big plans to expand its other businesses Kelvin Lim has a simple way to explain three decades of iteration at LHN: “We trade in space, we buy in bulk, and then we lease it out in retail.” This is how LHN has operated its business, from renting out timber ...
2 days ago
Inside Singapore’s new Korean luxury confinement centre that costs S$35,000 for a 2-week stay
Corinne Kerk - DeRama’s facility here is its first overseas outpost
2 days ago
US job cuts hit two-decade October high amid AI revolution
Companies announce 153,074 job cuts, nearly triple during same month last year, led by tech and warehousing
2 days ago
Payments firm Worldline plans 500 million euro capital injection
French payments firm Worldline said on Thursday it plans to raise 500 million euros ($583 million) in fresh equity to support a turnaround plan and rebuild investor confidence after years of challenges.The two-stage capital increase will begin with a 110 million euro reserved share sale to Bpifrance ...
2 days ago
Maybank upgrades ESR Reit to ‘buy’ on positive developments
Nathania Chew - [SINGAPORE] Maybank Securities has upgraded ESR Reit to “buy”, from “hold” previously – with a 50 per cent higher target price of...
2 days ago
uSMART initiates ‘buy’ on Centurion Corp citing ‘superior margins, structural demand and REIT-driven monetisation'
Felicia Tan - uSMART analyst Ng Xin Yang has initiated “buy” on Centurion Corporation with a target price of $1.80 citing its “superior margins, structural demand and scalable REIT-driven monetisation”. The company’s spin-off listing, Centurion Accommodation REIT (CAREIT), crystallised $1.8 billion of s ...
2 days ago
Nissan returns to operating profit in Q2
Nissan booked 51.5 billion yen (S$437.4 million) in operating profit for July-September
2 days ago
uSMART initiates ‘buy’ on Food Empire with target price of $2.97
Felicia Tan - uSMART, a Monetary Authority of Singapore (MAS)-licensed brokerage platform, has initiated a “buy” call on Food Empire with a target price of $2.97. Analyst Eng Thiam Choon notes that the food and beverage (F&B) group, which generates over 70% of revenue from instant beverages such as coffee ...
2 days ago
Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion
2 days ago
Thai Prime Minister Anutin Charnvirakul to make official visit to Singapore on Nov 7
Goh Ruoxue - Thailand says it will sell up to 100,000 tonnes of rice to Singapore over five years in new deal pending signing
2 days ago
Google planning powerful AI data centre on tiny Australian Indian Ocean outpost
Data centre could support AI-enabled military command and control node, expert says
2 days ago
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
[COPENHAGEN] Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of its...
2 days ago
France ramps up pressure on EU to investigate Shein over sex dolls, weapons
PARIS :France on Thursday increased pressure on the European Union to launch a formal investigation into Chinese online fast-fashion retailer Shein over the sale of child-like sex dolls and banned weapons on its marketplace.France has moved to ban Shein over the illicit products, and Shein suspended ...
2 days ago
Lendlease REIT’s private placement three times covered, raises $280 mil to fund acquisition of 70% of PLQ Mall
Lin Daoyi - Lendlease Global Commercial REIT (Lendlease REIT) has raised approximately $280 million from a private placement of its units. The exercise was approximately three times covered with strong participation from new and existing unit holders, long-only funds, real estate specialists, private wealth and ...
2 days ago
Singtel jumps 4.9% to all-time high on talks to buy local data-centre firm
Deon Loke - Singtel and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data...
2 days ago
Singtel rises 5.4% to all-time high on talks to buy local data-centre firm
Deon Loke - The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global...
2 days ago
Singtel jumps 5.1% to all-time high on talks to buy local data-centre firm
Deon Loke - The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global...
2 days ago
Singtel rises 5.4% to all-time high amid talks of US$3.9 billion data-centre deal
Deon Loke - The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global...
2 days ago
Nvidia's Huang warns China will 'win the AI race': Report
BEIJING: Nvidia CEO Jensen Huang warned that China "is going to win" the race to develop next-generation artificial intelligence, urging Washington to speed up its efforts.The head of the US chip giant told the Financial Times that Beijing's energy subsidies were boosting its drive to ...
2 days ago
Australia’s NAB CEO says housing is greatest societal challenge as bank books A$7.09 billion profit
NAB and the rest of Australia’s ‘Big Four’ banks rely heavily on the strength of the housing market
2 days ago
Nissan returns to operating profit in second quarter
YOKOHAMA, Japan :Nissan Motor swung back to an operating profit in the second quarter on Thursday, reporting its best quarterly result in more than a year due to efforts to reduce fixed costs as part of its turnaround plan and stronger sales in North America. Nissan booked 51.5 billion yen ($342 mil ...
2 days ago
Nissan posts double-digit rise in quarterly operating profit
YOKOHAMA, Japan :Nissan Motor posted a 61 per cent rise in second-quarter operating profit from a year earlier on Thursday as efforts to reduce fixed costs as part of its turnaround plan helped it avoid a loss.Nissan booked a 51.5 billion yen ($341.56 million) profit for July-September, compared wit ...
2 days ago
Nissan returns to operating profit in second quarter, maintains forecast
YOKOHAMA, Japan :Nissan Motor swung back to an operating profit in the second quarter, reporting its best quarterly result in more than a year on Thursday thanks to its efforts to reduce fixed costs under a turnaround plan and stronger sales in North America. Nissan booked 51.5 billion yen ($342 mil ...
2 days ago
KKR and Singtel to buy over ST Telemedia's Global Data Centres; Singtel shares up nearly 5%
The Edge Singapore - Investment firm KKR & Co and Singapore Telecommunications are reportedly in advance talks to buy more than 80% of ST Telemedia Global Data Centres, according to Reuters, citing sources it did not name. Singtel shares as at 3.43 pm is up 4.92% thus far for the day to trade at $4.48, which brings ...
2 days ago
Endowus to offer Avanda’s Singapore equity strategy on its platform
Deon Loke - The approach focuses on small and mid-cap opportunities, supporting MAS’ funding initiative
2 days ago
KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal
[SINGAPORE] KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80 per cent of ST Telemedia Global...
2 days ago
Malaysia holds key rate as economy proves resilient to tariffs
Standing pat gives the central bank room to act decisively if conditions worsen next year
2 days ago
Malaysia's central bank holds key rate at 2.75%, as expected
KUALA LUMPUR :Malaysia's central bank held its benchmark interest rate steady at its final policy review of the year on Thursday, as expected by economists, amid subdued inflation and steady economic growth.Bank Negara Malaysia kept its overnight policy rate at 2.75 per cent, as had been expect ...