Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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52 minutes ago

Goldman faces UK probe over reporting practices: Bloomberg

Tan Hwee Hwee - Goldman Sachs Group Inc is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg reported on Friday, citing people with knowledge of the matter.

1 hour ago

Investors query funding costs at a private Tesla

Tan Hwee Hwee - Several Tesla Inc shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.

1 hour ago

Trump backs CEOs, proposes easing corporate reporting rules

Tan Hwee Hwee - U.S. President Donald Trump on Friday said he has asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months rather than quarterly.

2 hours ago

Tesla sinks after Musk opens up about going private tweet in NYT interview

Tan Hwee Hwee - Tesla Inc's shares slumped 8 percent on Friday after Chief Executive Elon Musk told the New York Times his tweet about taking the company private was not reviewed by anybody, and a brokerage raised doubts about the profitability of the electric carmaker's Model 3 sedan.

3 hours ago

Like real meat, but guilt-free? Beyond Burger debuts in Singapore

youjin.low - Neo Chai Chin1 hour 22 min agoSINGAPORE — They look, cook and supposedly taste like real meat patties, except they

3 hours ago

US value stocks capitalize on 'FANG' stumbles, with room to run

Tan Hwee Hwee - The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks.

3 hours ago

Brazil's Marfrig to sell US unit to Tyson for US$2.5 billion, sources say

Tan Hwee Hwee - Tyson Foods agreed to acquire U.S.-based chicken processor Keystone Foods from Brazilian meatpacker Marfrig Global Foods SA for US$2.5 billion, two sources with knowledge of the matter said on Friday.

3 hours ago

Nasdaq drops as chipmakers lead a slide in tech stocks

Tan Hwee Hwee - U.S. stock index futures dipped on Friday as dour forecasts from Applied Materials and Nvidia weighed on shares of chipmakers and a recovery in Turkey's lira ran out of steam.

3 hours ago

All chronically-ill patients at NHG polyclinics to get same healthcare team during checkups by mid-2019

victor.loh - Wong Pei Ting43 min 24 sec agoSINGAPORE — By June next year, all patients with chronic conditions such as diabetes

3 hours ago

Trump asks SEC to consider switch to half-year corporate filings

Tan Hwee Hwee - U.S. President Donald Trump on Friday said he has asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months rather than quarterly.

4 hours ago

Uber opens Brazil center to improve driver, passenger safety

Tan Hwee Hwee - SAO PAULO: Ride-hailing company Uber Technologies Inc plans to open a 250 million reais (US$64 million) center in Brazil to develop technology to improve safety for its riders and drivers, including for drivers to accept cash, a key payment method in its rapid expansion in Latin America, the ...

4 hours ago

Tesla shares sink after analysts warn on Model 3 margins, Musk interview

Tan Hwee Hwee - Tesla Inc's shares slumped 8 percent on Friday after Chief Executive Elon Musk told the New York Times his tweet about taking the company private was not reviewed by anybody, and a brokerage raised doubts about the profitability of the electric carmaker's Model 3 sedan.

4 hours ago

Turkey says will respond if US imposes more sanctions

5 hours ago

Nasdaq dragged lower by chip stocks, energy stock bolster S&P

Tan Hwee Hwee - U.S. stock index futures dipped on Friday as dour forecasts from Applied Materials and Nvidia weighed on shares of chipmakers and a recovery in Turkey's lira ran out of steam.

5 hours ago

Imran Khan wins lawmaker vote to become Pakistan prime minister

5 hours ago

PM Lee to talk about cost of living, water and electricity prices, housing and medical costs at NDR

maelynn - Siau Ming En1 hour 25 min agoSINGAPORE – Prime Minister Lee Hsien Loong will touch on issues that “are on people’s

5 hours ago

US: Stocks fall on Turkey tensions; Tesla drops

5 hours ago

M&A lending to US blue-chip firms on summer hiatus

Tan Hwee Hwee - Bank lending to high-quality US companies to fund acquisitions has slowed due to concern over government policies amid the summer doldrums, but is expected to pick up after the Labor Day holiday, bankers said.

5 hours ago

Nvidia's new chip tempers blow after results dismay Wall Street

5 hours ago

Britain's 'Aramco' listing category attracts interest from a single firm

Tan Hwee Hwee - Britain's markets watchdog has so far been contacted by only one company interested in taking advantage of a rule it introduced to attract state-owned firms like Saudi Aramco to London, the regulator told Reuters without naming the firm.

5 hours ago

Trump cancels US$90m military parade, blaming Washington officials for inflating costs

6 hours ago

Frasers Property's Thai unit issues 2 debenture offerings totalling 3.5b baht

Leila Lai - FRASERS Property said on Friday that its subsidiary, Frasers Property Holdings (Thailand), has issued two more offerings under its 25 billion Thai baht (S$1.03 billion) debenture programme on Aug 17.

6 hours ago

Trump asks SEC to mull half-year corporate filings vs. quarterly

Tan Hwee Hwee - U.S. President Donald Trump on Friday said he has asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months rather than quarterly.

6 hours ago

US$1.5t in corporate cash is coming to America

6 hours ago

Trump seeks SEC study of 6-month reporting instead of quarterly

6 hours ago

Midas ordered to pay US$7.3m to CRRC

Leila Lai - MIDAS Holdings has received a letter dated Aug 17 from CRRC (Hong Kong) Co and a copy of a final judgement filed on Aug 9 by Hong Kong's high court, the company said in a Singapore Exchange filing on Friday evening.

7 hours ago

Tyson buys Keystone from Brazil's Marfrig for US$2.5 billion: sources

Tan Hwee Hwee - Tyson Foods agreed to acquire U.S.-based chicken processor Keystone Foods from Brazilian meatpacker Marfrig Global Foods SA for US$2.5 billion, two sources with knowledge of the matter said on Friday.

7 hours ago

HKMA fines Shanghai Commercial Bank for anti-money laundering lapses

7 hours ago

British watchdog says cryptocurrency scams on the rise

7 hours ago

Indonesia's Go-Jek close to profits in all segments, except transport: CEO

7 hours ago

Currency shocks knock platinum to 10-year lows

Tan Hwee Hwee - Platinum prices tumbled to 10-year lows as the collapse of Turkey's lira rippled through markets and weakened the currency of top producer South Africa, underlining persistent oversupply of the autocatalyst metal.

7 hours ago

Nordstrom shares climb as e-commerce sales boost quarterly results

Tan Hwee Hwee - Nordstrom Inc's shares surged over 9 percent on Friday, a day after its quarterly same-store sales numbers trounced Wall Street estimates, leaving analysts impressed with the upscale retailer's online channels and its clear inventories.

7 hours ago

Beijing authority to clamp down on rental market irregularities as prices soar

7 hours ago

In rare step, China punishes major ratings agency for violations

7 hours ago

Trump asks SEC to mull half-year corporate filings vs quarterly

Tan Hwee Hwee - U.S. President Donald Trump on Friday said he has asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months rather than quarterly.

7 hours ago

Investors flee risk as bear markets multiply: BAML

Tan Hwee Hwee - Investors pulled billions from equities this week, shifting into bonds and high dividend-yielding sectors as Turkey's currency crisis sparked a global selloff and emerging markets entered bear territory, an analysis of fund flows showed on Friday.