https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-dbs-ocbc-hit-fresh-highs-sti-0-8 Wed, 03 Jun 2026 10:45:39 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-stocks-end-higher-dbs-ocbc-hit-fresh-highs-sti-0-8 Across the broader market, losers outnumber gainers 345 to 259 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/rupiah-hits-new-low-breaches-14000-threshold-against-singdollar Wed, 03 Jun 2026 10:26:34 +0000 Deon Loke Capital Markets & Currencies Companies & Markets New Articles /companies-markets/capital-markets-currencies/rupiah-hits-new-low-breaches-14000-threshold-against-singdollar Indonesian stocks also at their lowest level in five years https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/non-us-dollar-stablecoins-can-thrive-where-financial-inefficiencies-remain-including-asean-stanchart Wed, 03 Jun 2026 08:08:01 +0000 Evan See Capital Markets & Currencies Asean Companies & Markets International /companies-markets/capital-markets-currencies/non-us-dollar-stablecoins-can-thrive-where-financial-inefficiencies-remain-including-asean-stanchart The bank’s digital assets executives back faster settlement across remittance corridors as a main use case https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/global-funds-buy-japan-they-flee-asias-hottest-stock-markets Wed, 03 Jun 2026 06:13:28 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/global-funds-buy-japan-they-flee-asias-hottest-stock-markets Expectations for stronger corporate governance reforms have also been a driver of foreign inflows into the country https://www.businesstimes.com.sg/international/asean/indonesian-stocks-tumble-five-year-low-rupiah-drops-record Wed, 03 Jun 2026 05:35:48 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/indonesian-stocks-tumble-five-year-low-rupiah-drops-record Down about 32% in 2026, the JCI is already the worst performer this year https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/chinese-investors-exit-hong-kong-stocks-ai-woos-money-onshore Wed, 03 Jun 2026 04:46:47 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/chinese-investors-exit-hong-kong-stocks-ai-woos-money-onshore Flows are increasingly shifting to mainland-listed semiconductors and other AI-linked shares https://www.businesstimes.com.sg/companies-markets/vins-holdings-probe-confirms-fraud-risks-linked-s44300-irregular-transactions-involving-ex-staff Wed, 03 Jun 2026 02:02:32 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/vins-holdings-probe-confirms-fraud-risks-linked-s44300-irregular-transactions-involving-ex-staff An external auditor says the transactions have no material impact on previously issued financial statements for FY2025 https://www.businesstimes.com.sg/companies-markets/stocks-watch-esr-reit-del-monte-pacific-vins-holdings Wed, 03 Jun 2026 00:28:51 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-esr-reit-del-monte-pacific-vins-holdings [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 3):  https://www.businesstimes.com.sg/companies-markets/encouraging-momentum-fund-managers-singapores-s6-5-billion-equity-push-amid-volatile-markets Tue, 02 Jun 2026 23:00:00 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies /companies-markets/encouraging-momentum-fund-managers-singapores-s6-5-billion-equity-push-amid-volatile-markets SGX says there is ‘strong support for the programme’s long‑term focus on market fundamentals’ https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-modestly-higher-ai-zeal-overcomes-middle-east-jitters Tue, 02 Jun 2026 21:55:58 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/wall-street-ends-modestly-higher-ai-zeal-overcomes-middle-east-jitters The war has sent crude prices soaring, reviving worries over inflation https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-stmicroelectronics-lifts-tech-inflation-backs-ecb-hike-bets Tue, 02 Jun 2026 21:44:01 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-rise-stmicroelectronics-lifts-tech-inflation-backs-ecb-hike-bets The technology sub-index has gained 3.4%, making it the best-performing sector https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-pull-back-traders-evaluate-new-middle-east-developments Tue, 02 Jun 2026 14:31:30 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-pull-back-traders-evaluate-new-middle-east-developments Recent moves feel ‘like two or three steps forward and one step back’, says one analyst https://www.businesstimes.com.sg/international/euros-global-role-slightly-still-distant-us-dollar Tue, 02 Jun 2026 09:34:31 +0000 International Capital Markets & Currencies Companies & Markets /international/euros-global-role-slightly-still-distant-us-dollar Overall usage of the common currency has risen to about 20%: ECB https://www.businesstimes.com.sg/companies-markets/dbs-ocbc-close-fresh-highs-singapore-banks-lead-sti-gains Tue, 02 Jun 2026 02:13:13 +0000 Therese Soh Companies & Markets Banking & Finance Capital Markets & Currencies /companies-markets/dbs-ocbc-close-fresh-highs-singapore-banks-lead-sti-gains Citing wealth momentum as a tailwind, RHB lifts its rating on the Republic’s lenders to ‘overweight’ https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-overtakes-india-worlds-sixth-largest-stock-market Tue, 02 Jun 2026 02:07:12 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/south-korea-overtakes-india-worlds-sixth-largest-stock-market The Kospi Index has powered past President Lee Jae Myung’s 5,000 goal earlier this year https://www.businesstimes.com.sg/companies-markets/transport-logistics/nio-delivers-37705-vehicles-may-62-3-year-year Tue, 02 Jun 2026 00:55:37 +0000 Therese Soh Transport & Logistics Capital Markets & Currencies Companies & Markets /companies-markets/transport-logistics/nio-delivers-37705-vehicles-may-62-3-year-year Cumulative deliveries hit 1.1 million as at end-May https://www.businesstimes.com.sg/companies-markets/stocks-watch-dbs-nio-thomson-medical-group-concord-new-energy-jumbo-group-mm2-asia Tue, 02 Jun 2026 00:34:05 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-dbs-nio-thomson-medical-group-concord-new-energy-jumbo-group-mm2-asia [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 2): https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-higher-boosted-tech-gains-us-iran-peace-hopes Mon, 01 Jun 2026 21:59:16 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/wall-street-ends-higher-boosted-tech-gains-us-iran-peace-hopes The intensification of hostilities sent crude prices jumping https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-hit-one-week-low-middle-east-risks-deepen Mon, 01 Jun 2026 21:41:04 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-hit-one-week-low-middle-east-risks-deepen The luxury sector is down more than 18% this year https://www.businesstimes.com.sg/companies-markets/china-investors-turn-sellers-hong-kong-stocks-rare-reversal Mon, 01 Jun 2026 07:02:33 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/china-investors-turn-sellers-hong-kong-stocks-rare-reversal [HONG KONG] Chinese mainland investors turned net sellers of Hong Kong stocks for the first time in nearly three years in May,... https://www.businesstimes.com.sg/international/chinas-private-fund-assets-hit-record-quant-managers-surge Sat, 30 May 2026 08:30:37 +0000 International Capital Markets & Currencies Companies & Markets /international/chinas-private-fund-assets-hit-record-quant-managers-surge 2,348 private funds, with 928.7 billion yuan in combined registered assets, were registered in April https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-secure-monthly-gains-middle-east-peace-hopes Sat, 30 May 2026 00:51:07 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-secure-monthly-gains-middle-east-peace-hopes This follows reports of US President Donald Trump weighing an agreement with Iran https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-extend-win-streak-peace-deal-hopes-ai-excitement Sat, 30 May 2026 00:36:58 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-extend-win-streak-peace-deal-hopes-ai-excitement Traders also parsed a narrowing of the US merchandise-trade deficit as exports rose https://www.businesstimes.com.sg/companies-markets/mm2-asia-h2-net-loss-widens-s166-6-million-amid-fair-value-losses Fri, 29 May 2026 14:47:24 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/mm2-asia-h2-net-loss-widens-s166-6-million-amid-fair-value-losses FY2026 revenue plunges 95.9% on the year, amid a 99% decline in sales by its content business https://www.businesstimes.com.sg/companies-markets/concord-new-energy-sell-s158-2-million-assets-industrial-bank-financial-leasing Fri, 29 May 2026 13:22:03 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies /companies-markets/concord-new-energy-sell-s158-2-million-assets-industrial-bank-financial-leasing In this sell-and-leaseback deal, a CNE unit will lease the assets back for a period of 14 years https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-amid-mixed-regional-showing-sti-1 Fri, 29 May 2026 10:55:28 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-stocks-end-higher-amid-mixed-regional-showing-sti-1 Across the broader market, gainers outnumber losers 390 to 204, as 2.1 billion securities worth S$4.5 billion change hands https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japans-nikkei-scales-record-peak-mideast-ai-optimism Fri, 29 May 2026 09:06:37 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/japans-nikkei-scales-record-peak-mideast-ai-optimism [TOKYO] Japan’s Nikkei share average rose to a record high on Friday, powered by renewed optimism for a near-term peace deal in... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/australian-shares-log-best-day-seven-weeks-gulf-peace-hopes Fri, 29 May 2026 08:50:12 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/australian-shares-log-best-day-seven-weeks-gulf-peace-hopes AUSTRALIAN shares booked their best session in seven weeks on Friday (May 29), as news of a potential deal to extend the... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-markets-rise-investors-await-us-iran-ceasefire-extension Fri, 29 May 2026 08:38:00 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-markets-rise-investors-await-us-iran-ceasefire-extension EUROPEAN shares rose on Friday (May 29) and were on track to end the month higher, as investors took comfort from expectations that... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/yen-back-danger-zone-tokyo-officials-keep-investors-edge Fri, 29 May 2026 06:04:10 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/yen-back-danger-zone-tokyo-officials-keep-investors-edge The currency has been battered by the three-month-long Middle East crisis https://www.businesstimes.com.sg/companies-markets/aggressive-asia-hikes-show-few-signs-stabilising-currencies Fri, 29 May 2026 04:51:16 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/aggressive-asia-hikes-show-few-signs-stabilising-currencies Policymakers in developed nations are also signalling aggressive moves https://www.businesstimes.com.sg/companies-markets/stocks-watch-st-engineering-seatrium-keppel-clas-okp Fri, 29 May 2026 00:28:28 +0000 Deon Loke Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-st-engineering-seatrium-keppel-clas-okp [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 29):  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-and-nasdaq-hit-record-closing-highs-us-and-iran-agree-extend-ceasefire Thu, 28 May 2026 21:52:13 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/sp-500-and-nasdaq-hit-record-closing-highs-us-and-iran-agree-extend-ceasefire Renewed confidence in AI and earnings growth momentum have underscored the recent rally despite the Middle East tensions https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-dip-middle-eastern-developments-keep-investors-wary Thu, 28 May 2026 21:38:18 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-dip-middle-eastern-developments-keep-investors-wary Rising energy prices and geopolitical uncertainty have clouded the central bank’s rate outlook https://www.businesstimes.com.sg/companies-markets/trek-2000-shares-jump-41-5-after-osim-founder-ron-sim-drops-claims-sells-7-3-stake-azure-capital Thu, 28 May 2026 14:08:14 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies /companies-markets/trek-2000-shares-jump-41-5-after-osim-founder-ron-sim-drops-claims-sells-7-3-stake-azure-capital With a reduced holding of 2%, he ceases to be a substantial shareholder https://www.businesstimes.com.sg/companies-markets/singapore-stocks-retreat-us-iran-strikes-unsettle-markets-sti-down-0-8 Thu, 28 May 2026 11:32:19 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/singapore-stocks-retreat-us-iran-strikes-unsettle-markets-sti-down-0-8 Across the broader market, losers outnumber gainers 405 to 248, as two billion securities worth S$2.8 billion change hands https://www.businesstimes.com.sg/companies-markets/valuetronics-posts-69-8-fall-h2-earnings-consumer-electronics-sales-falter-revises-dividend-policy Thu, 28 May 2026 08:38:51 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/valuetronics-posts-69-8-fall-h2-earnings-consumer-electronics-sales-falter-revises-dividend-policy Revenue declines 5% to HK$823.7 million https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-drop-escalating-us-iran-tensions-weigh-sentiment Thu, 28 May 2026 07:48:10 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-drop-escalating-us-iran-tensions-weigh-sentiment EUROPEAN shares slipped on Thursday as escalating tensions in the Middle East clouded the outlook for an imminent deal to open the Strait... https://www.businesstimes.com.sg/companies-markets/stocks-watch-wilmar-keppel-ihh-healthcare-koh-brothers-eco-engineering-valuetronics Thu, 28 May 2026 00:21:36 +0000 Deon Loke Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-wilmar-keppel-ihh-healthcare-koh-brothers-eco-engineering-valuetronics [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 28): https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-indexes-post-closing-record-highs-ai-rally-pauses Wed, 27 May 2026 21:59:30 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/wall-street-indexes-post-closing-record-highs-ai-rally-pauses Goldman Sachs has raised its 2026 year-end forecast for the S&P 500 to 8,000 from 7,600 https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-end-steady-gains-autos-chemicals-offset-iran-war-uncertainty Wed, 27 May 2026 21:39:18 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-stocks-end-steady-gains-autos-chemicals-offset-iran-war-uncertainty Markets took some comfort from a pullback in oil prices