2 hours ago
S-Reits maintain pockets of resilience despite headwinds in H1
iEdge S-Reit Index has return of -3.9% year to date, compared with 13.7% total return for the STI
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 hours ago
Singapore banks’ battle for wealth talent spreads beyond private bankers
Renald Yeo - Demand is rising for technology, investment and compliance talent, alongside relationship managers
3 hours ago
Sats to build unified AI-enabled platform; says Iran effects mixed but manageable
Derryn Wong - It notes that its AI investments are subject to the same standards as all capital allocation decisions
3 hours ago
Record electricity prices: Supply contracts, cost pass-on mitigate impact for Singapore data centre operators
Deon Loke - But as hedges expire, high power costs could drive next wave of growth across the border, says one analyst
4 hours ago
Cohen & Steers crosses CAReit threshold, LC Capital adds to PC Partner stake
OVER the five sessions, more than 90 director interests and substantial shareholdings were filed for close to 40 primary-listed stocks.
4 hours ago
India's Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitions
BENGALURU, July 12 : Tata Consultancy Services is building a team of up to 8,900 forward-deployed engineers and hunting for AI acquisitions as it bets artificial intelligence will create new business rather than undermine outsourcing, two TCS executives told Reuters.The strategy emerges amid investo ...
6 hours ago
Johor election: Barisan Nasional’s landslide win cements continuity, but raises pressure on delivery
Tan Ai Leng - Strong mandate raises expectations for investment boom to translate to better jobs and broader gains
8 hours ago
Japan to push its massive pension fund to boost alternative investments, Nikkei says
TOKYO, July 12 : Japan aims to raise the ratio of unlisted shares, real estate and other alternative investments in the portfolio of the Government Pension Investment Fund, the world's largest pension fund, the Nikkei said on Sunday.Finance Minister Satsuki Katayama, who has been trying to boos ...
8 hours ago
From jewellery recycling to digital gold – ValueMax eyes deeper presence across Singapore’s gold supply chain
Benicia Tan - It intends to build its profile as a customer-facing bullion retailer
8 hours ago
From jewellery recycling to digital gold trading – ValueMax eyes deeper presence across Singapore’s gold supply chain
Benicia Tan - It intends to build its profile as a customer-facing bullion retailer
10 hours ago
Korea’s world-beating stocks are now trading cheaper than ever
[SEOUL] South Korea’s blistering stock rally has left investors facing an unlikely backdrop: equities trading at record-low valuations.
14 hours ago
Commentary: Micron’s massive profits are a guarantee of trouble
Chip scarcity is forcing up memory prices and making the likes of Micron and SK Hynix astonishingly profitable. That's a guarantee of trouble, says Chris Bryant for Bloomberg Opinion.
21 hours ago
BN extends control over Johor with ‘extraordinary’ victory. Will general election await next?
PH and BN are set to do battle again in Negeri Sembilan, which is now more crucial after Johor results
1 day ago
Signs of higher voter turnout in Johor state polls than in 2022 – what does this mean for contenders?
Signs indicate voter turnout may surpass the 55% of the last Johor state election in 2022
1 day ago
Meta scraps AI image feature days after launch following privacy backlash
Muse Image faces backlash over privacy concerns and being an automatic opt-in for users
1 day ago
The AI token takeover in China
A price dilemma is unfolding across China’s AI industry as token demand grows, with coding tools and AI agents getting more prevalent
1 day ago
Apple sues OpenAI for trade secret theft in pivotal case
The iPhone maker says the ChatGPT creator encouraged its staff to share information and materials related to upcoming products
1 day ago
Trump says Iran ceasefire over but talks on deal to continue
The comments are likely to ease fears of a return to all-out war
1 day ago
Oil eases as US, Iran continue talks after renewed fighting
West Texas Intermediate falls 0.9% to settle near US$71 a barrel, but still notches a weekly gain of roughly 4%
1 day ago
European shares snap four-week winning streak on tech selloff, US-Iran war
The Stoxx 600 lost 1.8% as investors dialled back hopes for the energy supply shock easing soon
1 day ago
S&P 500 rises before earnings as SK Hynix debuts
In the final stretch of a week of gains for equities, the S&P 500 approaches record highs
2 days ago
Apple sues OpenAI for stealing trade secrets
The lawsuit paints a picture of an aggressive effort by OpenAI to poach Apple employees and extract confidential information to build its own device.
2 days ago
Meta discontinues AI image feature days after launch
July 10 : Meta said on Friday it is discontinuing an AI feature that allowed users to generate images using public Instagram accounts, days after rolling out the feature."Our intent was to provide a useful creative tool and to give people control over whether their public content could be refer ...
2 days ago
SK hynix: From near collapse to AI chip powerhouse behind record US listing
Once on the edge of financial ruin, the South Korean chip giant has rebounded to debut on Wall Street in what is the largest US listing by a foreign company.
2 days ago
South Korean chip giant SK hynix surges on first day of trading on Wall Street
SK hynix’s NASDAQ listing raised US$26.5 billion, making it one of the largest stock sales in history.
2 days ago
Apple sues OpenAI, two former employees for trade secrets theft
July 10 : Apple on Friday sued OpenAI and two former employees, alleging misappropriation of its trade secrets to benefit the ChatGPT-owner's foray into consumer hardware, in a dramatic escalation of already simmering tension between the two companies.The complaint, filed in the U.S. District C ...
2 days ago
SK Hynix CEO sees worst-ever memory supply shortage in 2027, says demand to outstrip supply beyond 2030
SEOUL/NEW YORK, July 10 : SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company's ability to produce it well into the next decade despite aggressive cap ...
2 days ago
SK Hynix CEO sees worst memory shortage in 2027, demand to outstrip supply beyond 2030
SEOUL/NEW YORK, July 10 : SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company's ability to produce it well into the next decade despite aggressive cap ...
2 days ago
Meta AI image detector fails to identify some of its own cropped AI images, Reuters analysis finds
July 10 : A new AI detection tool from Meta, which the tech company previewed this week alongside the launch of its image-generation model, Muse Image, failed to identify some of its own AI-generated images once they were cropped, according to a Reuters analysis.The finding highlights the challenges ...
2 days ago
SK Hynix shares jump 14% in Nasdaq debut
July 10 : SK Hynix's U.S.-listed shares opened 14 per cent above the offering price in their Nasdaq debut, signaling continued strength in investor appetite for companies benefiting from the AI boom.
2 days ago
Wall Street and oil prices tread water as investors eye SK Hynix, Middle East tensions
LONDON/WASHINGTON, July 10 : Global stocks rose on Friday but Wall Street opened in mixed territory, as AI-related enthusiasm over the market debut of South Korean chip bellwether SK Hynix led investors to brush off tit-for-tat attacks between the U.S. and Iran. The Dow Jones Industrial Average was ...
2 days ago
Wall Street climbs, oil slides as investors bet on AI growth over Middle East tensions
WASHINGTON, July 10 : Stocks climbed and oil prices slipped somewhat as investors retained AI-related enthusiasm and shrugged off the ongoing dispute between the U.S. and Iran.All three major U.S. indices ended the day higher Friday, with the Dow Jones Industrial Average rising 0.29 per cent, the S& ...
2 days ago
Yen climbs as Japan considers nudging pension funds into domestic assets
NEW YORK, July 10 : The yen strengthened on Friday and was poised for its biggest daily percentage gain in more than a week after Japan said it plans to encourage pension funds to increase their holdings of domestic financial assets.Japanese Finance Minister Satsuki Katayama said the government was ...
2 days ago
Yen strengthens as Japan considers nudging pension funds into domestic assets
NEW YORK, July 10 : The yen climbed on Friday and was on track for its biggest daily percentage gain in more than a week after Japan said it plans to encourage pension funds to increase their holdings of domestic financial assets.Japanese Finance Minister Satsuki Katayama said the government was pur ...