Business
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Retail investors are net buyers of S‑Reits in March
[SINGAPORE] S‑Reits, as measured by the iEdge S‑Reit Index, slipped in the first quarter of 2026, as geopolitical tensions weighed on investor sentiment. The index rose slightly in January, but…
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How the Iran war is fuelling wild swings in interest-rate bets
Middle East conflict has clouded the outlook for inflation and economic growth across the globe [WASHINGTON] The Iran war has clouded the outlook for inflation and economic growth across the…
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Tesla’s EV sales miss expectations again in deepening slump
Published Thu, Apr 2, 2026 · 10:46 PM [SAN FRANCISCO] Tesla posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn…
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AF Global expected to delist around Apr 24
[SINGAPORE] Mainboard-listed hospitality company AF Global is expected to delist from the mainboard of the Singapore Exchange on or around Apr 24, based on an indicative timetable. This comes after…
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‘Real pain’ to set in: Businesses brace for impact as EMA warns of potentially sharper rise in power tariffs
[SINGAPORE] Singapore businesses, especially those in sectors more reliant on energy, are bracing themselves for higher costs after the Energy Market Authority (EMA) warned on Tuesday (Mar 31) that Singapore…
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Air Canada CEO Michael Rousseau to quit after furor about crash condolence video
Published Mon, Mar 30, 2026 · 10:25 PM [MONTREAL] Air Canada chief executive officer Michael Rousseau announced he is leaving after creating a public relations fiasco with an English-language video…
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S-Reits pursuing growth as Iran war escalates risk poorly timed equity raising exercises
A greater focus on value unlocking moves versus acquisitions could go a long way in sustaining investor enthusiasm [SINGAPORE] Market watchers who had been closely monitoring Lendlease Global Commercial Reit’s…
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Europe: Shares fall as mixed Middle East signals cloud outlook
Published Sat, Mar 28, 2026 · 12:13 PM [BENGALURU] European shares fell on Friday (Mar 27) but logged a modest gain for the week, illustrating the conflicting signals from the…
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BYD posts first annual profit decline in four years
Published Fri, Mar 27, 2026 · 10:25 PM [BEIJING] BYD, China’s biggest electric vehicle maker by sales, on Friday (Mar 27) posted its first annual profit drop in four years,…
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Wall St opens lower as Mideast de-escalation uncertainty weighs
Published Thu, Mar 26, 2026 · 09:49 PM [NEW YORK] Wall Street’s main indexes opened lower open on Thursday (Mar 26) following gains in the previous session, as caution prevailed…
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Fosun Resort chain Club Med considers Hong Kong IPO: sources
The French group is in talks with banks about working on the potential share sale Published Wed, Mar 25, 2026 · 08:45 PM [HONG KONG] Club Med is considering an…
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Grab shareholders agree to double voting power of Class B ‘super-voting’ shares
CEO Anthony Tan’s voting power will be lifted to as much as 74.9% – up from 59.1% as at Jan 31 [SINGAPORE] Shareholders of ride-hailing and delivery player Grab have…
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Laopu Gold sales, profit beat as gold rally fuels demand
Published Mon, Mar 23, 2026 · 07:13 PM [HONG KONG] Laopu Gold’s full-year revenue and profit surged as its jewelry surged in popularity among the country’s middle-class shoppers, aided by…
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Sinopec posts 36.8% drop in 2025 net profit on weak petrochemical margins, new energy substitution
Refinery throughput is down 0.8% at 250.33 million tonnes, equivalent to five million barrels per day Published Sun, Mar 22, 2026 · 05:09 PM [BEIJING] China Petroleum & Chemical Corp,…
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JPMorgan strategists cut S&P 500 target on Iran war uncertainty
Published Sat, Mar 21, 2026 · 04:03 PM [NEW YORK] JPMorgan strategists cut their price target on the S&P 500 Index, saying the upside potential for risk assets is “more…