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/capital-markets-currencies/european-shares-gain-tech-optimism-mideast-developments-focus Thu, 14 May 2026 07:37:19 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-gain-tech-optimism-mideast-developments-focus EUROPEAN shares rose on Thursday, as artificial intelligence-driven optimism offset lingering concerns about a deadlock in US-Iran peace talks, while a high... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asia-stocks-climb-yuan-3-year-high-trump-xi-summit-looms Thu, 14 May 2026 03:33:34 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/asia-stocks-climb-yuan-3-year-high-trump-xi-summit-looms Oil prices remain well above the pre-war levels, fanning inflation worries worldwide https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/war-turmoil-saps-asian-reserves-philippines-india-hit-most Thu, 14 May 2026 02:27:26 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/war-turmoil-saps-asian-reserves-philippines-india-hit-most While central banks have been active to support their currencies, losses are significant https://www.businesstimes.com.sg/companies-markets/singpost-ends-5-3-down-after-h2-earnings-dive Thu, 14 May 2026 02:22:26 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/singpost-ends-5-3-down-after-h2-earnings-dive Counter finishes at S$0.355 as more than 26.1 million shares change hands https://www.businesstimes.com.sg/companies-markets/singpost-fullerton-health-collaborate-healthcare-logistics-last-mile-medical-delivery Thu, 14 May 2026 02:00:00 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/singpost-fullerton-health-collaborate-healthcare-logistics-last-mile-medical-delivery This marks a step towards diversification into healthcare as a focus sector https://www.businesstimes.com.sg/international/asean/malaysia-ipos-surge-toward-13-year-high-amid-wave-upcoming-listings Thu, 14 May 2026 00:50:41 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/malaysia-ipos-surge-toward-13-year-high-amid-wave-upcoming-listings The South-east Asian country has been a rare bright spot even as the Middle East conflict roiled markets elsewhere https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-kit-cdg-aem-food-empire-centurion-singpost-cnmc Thu, 14 May 2026 00:40:14 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stocks-watch-kit-cdg-aem-food-empire-centurion-singpost-cnmc [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 14): https://www.businesstimes.com.sg/companies-markets/singpost-h2-net-profit-falls-81-5-s41-2-million-traditional-business-worsens Wed, 13 May 2026 23:51:10 +0000 Therese Soh Tay Peck Gek Companies & Markets Capital Markets & Currencies /companies-markets/singpost-h2-net-profit-falls-81-5-s41-2-million-traditional-business-worsens This comes as operating environment for the logistics and letters business remains challenging https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-boosted-chips-record-closing-highs Wed, 13 May 2026 22:11:21 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/sp-500-nasdaq-boosted-chips-record-closing-highs Recent inflation data is dousing any remaining hopes for a near-term rate cut from the Federal Reserve https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-lifted-miners-and-tech-middle-east-focus Wed, 13 May 2026 21:42:40 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-lifted-miners-and-tech-middle-east-focus With the first-quarter earnings season drawing to a close, corporate profits are expected to grow at their fastest pace in three years https://www.businesstimes.com.sg/companies-markets/ar-capital-target-ai-beneficiaries-dividend-growers-new-eqdp-fund Wed, 13 May 2026 08:48:42 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies /companies-markets/ar-capital-target-ai-beneficiaries-dividend-growers-new-eqdp-fund Company says it stands out from the pack by having its analysts and fund managers work as a single integrated team https://www.businesstimes.com.sg/companies-markets/singapore-life-insurers-pay-out-over-s5-billion-q1-highest-quarter-2021 Wed, 13 May 2026 08:35:47 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies /companies-markets/singapore-life-insurers-pay-out-over-s5-billion-q1-highest-quarter-2021 It coincides with more people strengthening financial resilience by boosting health coverage, pursuing wealth accumulation: industry body https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-rise-oil-prices-slip-fragile-us-iran-ceasefire Wed, 13 May 2026 07:33:45 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-rise-oil-prices-slip-fragile-us-iran-ceasefire EUROPEAN shares rose on Wednesday, recovering from a sharp drop in the previous session, as oil prices retreated after peace negotiations between... https://www.businesstimes.com.sg/companies-markets/genting-singapore-q1-net-profit-drops-55-s65-2-million-lower-gaming-revenue Wed, 13 May 2026 00:44:43 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/genting-singapore-q1-net-profit-drops-55-s65-2-million-lower-gaming-revenue Ongoing conflict in the Middle East and current geopolitical developments have raised cost pressures https://www.businesstimes.com.sg/companies-markets/stocks-watch-genting-singapore-ntt-dc-reit-valuetronics-united-hampshire-us-reit-prime-us-reit Wed, 13 May 2026 00:39:46 +0000 Therese Soh Deon Loke Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-genting-singapore-ntt-dc-reit-valuetronics-united-hampshire-us-reit-prime-us-reit [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 13): https://www.businesstimes.com.sg/international/global/market-reforms-asean-could-open-stock-picking-opportunities-jpmorgan Tue, 12 May 2026 23:00:00 +0000 Chloe Lim Global Capital Markets & Currencies Companies & Markets International /international/global/market-reforms-asean-could-open-stock-picking-opportunities-jpmorgan Some Malaysian banks, a Thai energy firm are among analysts’ picks https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-end-lower-inflation-iran-tensions-weigh Tue, 12 May 2026 21:57:54 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/sp-500-nasdaq-end-lower-inflation-iran-tensions-weigh As reporting season wraps up, investors are increasingly focused on valuations, macroeconomics and geopolitical developments https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stoxx-600-falls-fragile-middle-east-ceasefire-dents-risk-sentiment Tue, 12 May 2026 21:40:08 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stoxx-600-falls-fragile-middle-east-ceasefire-dents-risk-sentiment Money markets currently expect three hikes from the ECB before the end of the year https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-falls-hot-cpi-iran-tensions-weigh-sentiment Tue, 12 May 2026 13:54:46 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-falls-hot-cpi-iran-tensions-weigh-sentiment WALL Street’s main indexes edged lower on Tuesday, with the S&P 500 and the Nasdaq pulling back from record highs after a... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/australian-shares-fall-third-day-banks-weigh-ahead-federal-budget Tue, 12 May 2026 08:08:54 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/australian-shares-fall-third-day-banks-weigh-ahead-federal-budget AUSTRALIA’S equity benchmark fell for a third straight session on Tuesday, with banks leading losses, as investors braced for a federal budget... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-equities-fall-fragile-mideast-ceasefire-dents-risk-sentiment Tue, 12 May 2026 07:45:59 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-equities-fall-fragile-mideast-ceasefire-dents-risk-sentiment EUROPEAN shares tumbled on Tuesday, as fading hopes of a US-Iran peace deal pushed oil prices higher and kept investors on edge. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/franklin-templeton-appoints-former-bos-managing-director-new-apac-private-markets-wealth-role Tue, 12 May 2026 03:46:54 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets Global International Wealth /companies-markets/capital-markets-currencies/franklin-templeton-appoints-former-bos-managing-director-new-apac-private-markets-wealth-role Chee Jiun Wen will be based in Singapore and will focus on expanding the company’s private markets franchise across the region https://www.businesstimes.com.sg/companies-markets/ums-integration-closes-10-2-higher-after-posting-strong-double-digit-sales-growth-q1 Tue, 12 May 2026 02:56:34 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/ums-integration-closes-10-2-higher-after-posting-strong-double-digit-sales-growth-q1 Group’s earnings up 43% at S$14 million in first quarter https://www.businesstimes.com.sg/companies-markets/banking-finance/global-central-banks-use-renminbi-swap-lines-hits-2-year-high-amid-rising-demand-chinas-currency Tue, 12 May 2026 02:05:48 +0000 Banking & Finance Capital Markets & Currencies Companies & Markets /companies-markets/banking-finance/global-central-banks-use-renminbi-swap-lines-hits-2-year-high-amid-rising-demand-chinas-currency The latest increase highlights China’s drive for renminbi internationalisation https://www.businesstimes.com.sg/companies-markets/sia-engineering-closes-3-1-higher-improved-h2-earnings-higher-dividend Tue, 12 May 2026 01:22:03 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/sia-engineering-closes-3-1-higher-improved-h2-earnings-higher-dividend Its board recommended a final dividend of S$0.085 a share, up from S$0.07 a share a year earlier https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-ocbc-oue-sia-engineering-company-oue-reit Tue, 12 May 2026 00:26:17 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stocks-watch-ocbc-oue-sia-engineering-company-oue-reit [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 12): https://www.businesstimes.com.sg/companies-markets/oue-unit-issuing-s150-million-3-25-green-notes-due-2033 Tue, 12 May 2026 00:16:28 +0000 Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/oue-unit-issuing-s150-million-3-25-green-notes-due-2033 The net proceeds from the issuance will go into financing or refinancing new or existing eligible green projects https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-inches-higher-close-ai-fervour-edges-out-iran-impasse Mon, 11 May 2026 22:12:43 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/wall-street-inches-higher-close-ai-fervour-edges-out-iran-impasse Some market watchers believe the rally is about to run out of momentum https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-muted-markets-weigh-us-iran-deadlock Mon, 11 May 2026 21:52:28 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-muted-markets-weigh-us-iran-deadlock The war has shuttered the Strait of Hormuz with soaring oil prices adding to concerns over the conflict’s impact on inflation and... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-pauses-after-record-run-us-iran-talks-stall Mon, 11 May 2026 15:23:25 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-wall-street-pauses-after-record-run-us-iran-talks-stall WALL Street’s main indexes paused on Monday (May 11), after last week’s record-setting rally, as renewed worries over stalled US-Iran talks weighed... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-tepid-markets-weigh-us-iran-deadlock Mon, 11 May 2026 09:49:02 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-tepid-markets-weigh-us-iran-deadlock EUROPEAN shares were muted on Monday, as stalled US-Iran peace negotiations pushed oil prices higher and weighed on risk appetite. https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/china-stocks-hit-11-year-high-ai-optimism-exports-rebound Mon, 11 May 2026 09:27:02 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/china-stocks-hit-11-year-high-ai-optimism-exports-rebound The country’s export growth rebounded strongly in April https://www.businesstimes.com.sg/companies-markets/singapores-national-accountancy-body-sets-task-force-strengthen-financial-reporting Mon, 11 May 2026 09:00:00 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies Singapore /companies-markets/singapores-national-accountancy-body-sets-task-force-strengthen-financial-reporting Move aligns with SGX’s ‘Value Unlock’ plans to create shareholder value https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/goldman-sachs-claims-renminbi-undervalued-20-against-us-dollar Mon, 11 May 2026 04:16:23 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/goldman-sachs-claims-renminbi-undervalued-20-against-us-dollar The currency is expected to reach 6.50 in a year versus the greenback https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korean-shares-hit-all-time-high-ants-join-global-rush-buy-ai-stocks Mon, 11 May 2026 03:40:34 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/south-korean-shares-hit-all-time-high-ants-join-global-rush-buy-ai-stocks The rally highlights how surging global demand for AI hardware is now the dominant force in equity markets https://www.businesstimes.com.sg/companies-markets/stocks-watch-sbs-transit-riverstone-geo-energy-resources-jumbo-group-noontalk-media Mon, 11 May 2026 00:33:26 +0000 Therese Soh Chloe Lim Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-sbs-transit-riverstone-geo-energy-resources-jumbo-group-noontalk-media [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 11):  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/uobkh-alpha-picks-outperform-sti-april-oiltek-may-singtel-out Mon, 11 May 2026 00:17:27 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/uobkh-alpha-picks-outperform-sti-april-oiltek-may-singtel-out The Singapore portfolio is up 5.2% month on month while the STI gains 0.6% https://www.businesstimes.com.sg/companies-markets/dbs-bets-ai-value-stocks-sti-set-choppy-recovery Mon, 11 May 2026 00:02:13 +0000 Shikhar Gupta Companies & Markets Capital Markets & Currencies /companies-markets/dbs-bets-ai-value-stocks-sti-set-choppy-recovery Forecast hinges on a base-case scenario where US-Iran talks yield a deal in Q2 and Strait of Hormuz opens by June https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/momentum-obsessed-traders-seek-clues-iran-truce Sun, 10 May 2026 22:17:27 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/momentum-obsessed-traders-seek-clues-iran-truce Barclays strategists say the trade has reached extremes that historically foreshadowed sell-offs https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/ai-drives-markets-valuations-race-ahead-earnings Sun, 10 May 2026 06:00:00 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/ai-drives-markets-valuations-race-ahead-earnings Is this a legitimate re-rating of the technology sector, or an overstretched bubble? https://www.businesstimes.com.sg/companies-markets/europe-shares-slide-middle-east-tensions-flare Sat, 09 May 2026 03:15:25 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/europe-shares-slide-middle-east-tensions-flare The pan-European Stoxx 600 closes 0.7% lower at 612.14 points https://www.businesstimes.com.sg/companies-markets/us-sp-500-and-nasdaq-notch-records-boosted-ai-and-earnings-optimism Sat, 09 May 2026 02:57:10 +0000 Companies & Markets Capital Markets & Currencies /companies-markets/us-sp-500-and-nasdaq-notch-records-boosted-ai-and-earnings-optimism First-quarter S&P 500 earnings are on track to climb almost 29% https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-hit-fresh-peaks-tech-stocks-jobs-data-lift-sentiment Fri, 08 May 2026 14:51:37 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/us-stocks-sp-500-nasdaq-hit-fresh-peaks-tech-stocks-jobs-data-lift-sentiment THE S&P 500 and the Nasdaq reached record highs on Friday, driven by gains in Nvidia and other technology stocks, while a... https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-slide-middle-east-tensions-flare Fri, 08 May 2026 12:01:26 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-slide-middle-east-tensions-flare EUROPEAN shares fell on Friday in broad-based losses, as an escalation in the US-Iran conflict lifted oil prices and dampened hopes that a... https://www.businesstimes.com.sg/companies-markets/share-female-board-chairs-top-100-sgx-listcos-edges-10-diversity-council Fri, 08 May 2026 10:49:50 +0000 Ranamita Chakraborty Companies & Markets Capital Markets & Currencies Singapore /companies-markets/share-female-board-chairs-top-100-sgx-listcos-edges-10-diversity-council With progress being made on gender diversity, the council is looking at other aspects such as skills, experience and age  https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/no-ai-poor-returns-drive-indian-investors-foreign-markets Fri, 08 May 2026 06:21:52 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/no-ai-poor-returns-drive-indian-investors-foreign-markets India is only about 3% of the global equity market https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-ends-down-chip-stocks-give-gains Thu, 07 May 2026 21:45:37 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/sp-500-ends-down-chip-stocks-give-gains Upbeat economic readings in recent weeks have also helped allay concerns about the economy https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-pull-back-middle-east-peace-prospects-assessed Thu, 07 May 2026 21:32:27 +0000 Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/european-shares-pull-back-middle-east-peace-prospects-assessed Teheran is reviewing a proposal that would stop the fighting