Business
US dollar gains on yen after consumer price data
The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data…
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price
Business
NTT DC Reit rises 3% above IPO price in debut as SGX’s largest Reit listing in 10 years
Units of NTT DC real estate investment trust (Reit) marginally rose on its debut on Monday (Jul 14), as the largest Reit initial public…
Business
China solar stocks surge as Beijing moves to calm price wars
Some China solar stocks jumped sharply on Thursday (Jul 10), continuing a multi-day rise. This comes on the back of news that Beijing…
Business
DBS downgrades Genting Singapore shares, lowers target price, on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded shares of Genting Singapore to a hold rating, and also lowered its target price. This is as…
Business
Surging UK shipping costs threaten to deliver a new price shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer…
Business
China car sales jump in June but EV price war concerns intensify
China’s car sales rose in June for the fifth straight month, but reports by some major electric vehicle makers of easing demand raised…
Business
Apple supplier Lens Technology said to price HK$4.8 billion Hong Kong listing at top of range
The company joins the growing wave of China-listed companies seeking to go public in the city Apple supplier Lens Technology has raised…
Business
Info-Tech Systems debuts at S$0.95, 9.2 per cent above IPO price
Singapore welcomed its second listing in 2025 and first mainboard listing in close to two years as software services provider Info-Tech…
Business
Info-Tech Systems debuts 9.2% above IPO price at S$0.95
The Republic welcomed its second listing in 2025 and first mainboard listing in close to two years as software services provider Info-Tech…
Business
Info-Tech Systems debuts on SGX mainboard at S$0.95, 9.2% above IPO price
Software services provider started trading on Friday (Jul 4), as Singapore welcomed its second listing in 2025 and first mainboard listing…
Business
Info-Tech Systems closes 4.6% above IPO price on first day of trading
Software services provider Info-Tech Systems ended its first trading day at S$0.91 on Friday (Jul 4), 4.6 per cent above its initial…
Business
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from…
Business
Xiaomi launches YU7, undercutting Tesla’s Model Y on price
Chinese EV and smartphone maker Xiaomi on Thursday (Jun 26) priced its new electric YU7 SUV from 253,500 yuan (S$45,102), almost 4 per…
Business
Labubu’s Pop Mart share price weakness does not faze analysts; Nomura confident its growth story is intact
Analysts are still bullish on Chinese toy company favourite – Pop Mart International Group – despite its recent share price plunge, in…
Business
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A U.S. attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher…
Business
Pop Mart’s 200% stock rally spurs rush to hike price targets
— Street analysts are rushing to raise price targets on Pop Mart International Group following the success of its Labubu dolls. At least…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
News
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Business
Arina East Residences sells 10 out of 107 units at average price S$3,000 psf as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
China warns BYD, rivals to self-regulate as price war heats up
Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns…
Business
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of $67.5m
Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise…
Business
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of S$67.5m
Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise…
Business
BYD shares extend losses as price cuts throw spotlight on sales
BYD shares extended losses in Hong Kong trading on Tuesday (May 27) – taking their two-day slide to more than 10 per cent – as last week’s…