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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3 hours ago
South Africa to dish up more zebra to boost jobs and conservation
Game animals release less methane - a greenhouse gas - than cattle, whose burps are a top source of global warming emissions from agriculture.
7 hours ago
Commentary: Malaysia is pushing the chips in on neutrality
Malaysian Prime Minister Anwar Ibrahim has put forth a proposition for countries seeking a “neutral and non-aligned location” amid the escalating US-China technology war: Choose Malaysia for semiconductor production, say these experts.
23 hours ago
EU tariffs on China not a ‘punishment’, says German economy minister
Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday (Jun 22).
23 hours ago
US regulators chide four big-bank living wills, FDIC escalates Citi concerns
US bank regulators ordered Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase on Friday (Jun 21) to bolster plans for how they could be safely resolved in bankruptcy, and Federal Deposit Insurance Corporation (FDIC) escalated its concerns about Citi’s blueprint.
1 day ago
Cyberattacks disrupt car sales by dealers in US and Canada
THOUSANDS of auto dealers across the United States and Canada are suffering disruptions to their operations as a result of cyberattacks on a provider of critical software and data services used in auto retailing.
1 day ago
Japan focuses on smart cars as automakers fall behind US, China
JAPAN is strengthening efforts to get automakers to develop smart cars whose safety and entertainment systems can be managed by cloud technology, an area where they are falling behind Chinese and US rivals.
1 day ago
China’s BYD, Saic’s MG undecided on EV price hikes due to tariffs: sources
CHINESE carmakers BYD and Saic subsidiary MG have not yet decided whether they will increase prices on electric vehicle (EV) sold in the European Union to offset the impact of additional duties, sources close to the two groups have told Reuters.
1 day ago
SoftBank’s Masayoshi Son aims to create ‘super’ AI in new investment drive
SOFTBANK Group’s big-talking founder Masayoshi Son is back, this time with plans to bring about an era of artificial super-intelligence (ASI).
1 day ago
Canada prepares potential tariffs on Chinese EVs after US and EU moves
PRIME Minister Justin Trudeau’s government is preparing potential new tariffs on Chinese-made electric vehicles (EVs) to align Canada with actions taken by the United States and European Union, according to sources familiar with the matter.
1 day ago
Elite Hong Kong club crashes market for HK$2 million memberships
ON A clear day, the view from Hong Kong’s seaside American Club is among the best in the city.
1 day ago
Boeing’s Starliner return to Earth postponed, Nasa says no new date set
BOEING Starliner’s return to Earth from the International Space Station (ISS) with its first crew of astronauts has been postponed, Nasa said on Friday (Jun 21).
1 day ago
Boeing may avoid criminal charges over violations: report
THE US Department of Justice (DOJ) is considering a deal with Boeing that would avoid criminal prosecution of the aerospace giant but may appoint a federal supervisor to oversee company progress on safety improvements, The New York Times reported on Friday (Jun 21).
1 day ago
Multiple AI companies bypassing web standard to scrape publisher sites, licensing firm says
MULTIPLE artificial intelligence (AI) companies are circumventing a common web standard used by publishers to block the scraping of their content for use in generative AI systems, content licensing startup TollBit has told publishers.
1 day ago
Boeing's Starliner return to Earth postponed, NASA says no new date set
:Boeing Starliner's return to Earth from the International Space Station with its first crew of astronauts has been postponed, NASA said on Friday.NASA did not provide a new date, raising questions about when the mission's two astronauts will return as more testing and technical issues hav ...
1 day ago
NASA delays return of Boeing Starliner for more technical checks
NASA has further postponed the Boeing Starliner's return to Earth from the International Space Station with its first crew of astronauts, to allow more time for review of technical issues encountered, the agency said on Friday (Jun 21). It did not set a new date, raising questions about the tim ...
1 day ago
Tata Steel workers in Britain to begin indefinite strike next month
AROUND 1,500 Tata Steel workers in Britain will begin an indefinite strike from Jul 8 over the company’s plans to close two blast furnaces and cut up to 2,800 jobs, the trade union Unite said on Friday (Jun 21).
1 day ago
Spotify launches new basic streaming plan in US
SPOTIFY introduced a new streaming plan for users in the United States on Friday (Jun 21), after raising prices for its premium plans earlier this month.
1 day ago
VanEck sets 0.2% fee for proposed spot Ethereum ETF
INVESTMENT management firm VanEck plans to charge a fee of 0.2 per cent on its proposed spot Ethereum exchange-traded fund (ETF), according to a US Securities and Exchange Commission (SEC) filing on Friday (Jun 21).
1 day ago
Tesla, opponents of Elon Musk’s pay clash over resolving compensation lawsuit
TESLA and opponents of Elon Musk’s compensation clashed on Friday (Jun 21) over ways to resolve the legal quagmire that has engulfed the CEO’s US$56 billion pay package and billions of US dollars in potential legal fees generated by the case.
1 day ago
US lawsuit against TikTok to focus on children’s privacy
THE US Department of Justice plans to focus an upcoming lawsuit against TikTok on allegations that the popular social media platform violated the privacy rights of children, rather than claims it misled adult users about its data privacy practices, according to a source familiar with the matter.
1 day ago
Apple to delay launch of AI-powered features in Europe, blames EU tech rules
APPLE will delay launching three new artificial intelligence (AI) features because landmark European Union tech rules require it to ensure that rival products and services can function with its devices, the US tech group said on Friday (Jun 21).
1 day ago
Oil prices ease on strong US dollar, mixed global economic news
CRUDE prices eased about 1 per cent on Friday (Jun 21) on worries that global oil demand growth could be hit by a strong US dollar and negative economic news from some parts of the world.
1 day ago
Europe: Shares slip on tech, banks drag; clocks weekly gains
EUROPEAN shares closed lower on Friday (Jun 21), pressured by falls in technology and bank stocks, while Danish brewer Carlsberg Group was the day’s worst performer after British soft drinks maker Britvic rejected its revised takeover proposal.
1 day ago
US: Stocks finish mixed as Nvidia’s slide continues
US stocks finished mixed on Friday (Jun 21), as Nvidia continued to slip as traders moved to consolidate gains from a recent rally in tech stocks.
1 day ago
Commentary: Walmart pays store managers as much as US$500,000 – it’s just good business
A handful of US retailers are paying store leaders six-figure salaries and providing stock incentives. The investment is paying off, says Andrea Felsted for Bloomberg Opinion.
1 day ago
VanEck sets 0.20% fee for proposed spot ethereum ETF
Investment management firm VanEck plans to charge a fee of 0.20 per cent on its proposed spot ethereum exchange-traded fund, according to a U.S. Securities and Exchange Commission filing on Friday.The SEC approved applications from Nasdaq, CBOE and NYSE last month to list ETFs tied to the price of e ...
1 day ago
South-east Asia’s tech giants set for steady growth despite post-Covid challenges
Benjamin Cher - SOUTH-EAST Asia’s tech giants such as Grab and Sea are poised to continue with steady growth ahead, analysts say, even as the Covid-19 pandemic-led surge in digitalisation subsides.
1 day ago
Stability AI appoints new CEO, the Information reports
Artificial intelligence startup Stability AI has appointed Prem Akkaraju, former CEO of visual effects company Weta Digital, as its new CEO, the Information reported on Friday, citing a person involved in the decision.
1 day ago
Hackers hit Poland Euro 2024 match broadcast in second attack
WARSAW : Hackers disrupted an online broadcast of Poland's Euro 2024 match with Austria on Friday, the state broadcaster said, the second cyberattack targeting the Polish soccer team during the championships.Initial checks suggested the hackers launched a distributed denial of service (DDoS) at ...
1 day ago
US lawsuit against TikTok to focus on childrens' privacy
The U.S. Department of Justice plans to focus an upcoming lawsuit against TikTok on allegations that the popular social media platform violated the privacy rights of children, rather than claims it misled adult users about its data privacy practices, according to a source familiar with the matter.Th ...
2 days ago
Tesla tells judge that shareholder vote should reverse Musk pay ruling
WILMINGTON, Delaware : A Delaware judge should recognize a vote by Tesla shareholders in favor of Elon Musk's $56 billion pay package and reverse her January ruling that voided the compensation, the company said in a filing that was made public on Friday.In addition, Chancellor Kathaleen McCorm ...
2 days ago
Tesla, opponents of Musk's pay clash over resolving compensation lawsuit
WILMINGTON, Delaware :Tesla and opponents of Elon Musk's compensation clashed on Friday over ways to resolve the legal quagmire that has engulfed the CEO's $56 billion pay package and billions of dollars in potential legal fees generated by the case.Tesla said in a court filing that a Dela ...
2 days ago
US slaps sanctions on leaders of Russia software firm Kaspersky
WASHINGTON: The United States unveiled sanctions Friday (Jun 21) against 12 top leaders of the Russia-based cybersecurity firm Kaspersky Lab, a day after banning the sale of its
2 days ago
OpenAI acquires database analytics firm Rockset
Microsoft-backed OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the ChatGPT maker said on Friday.A technology Rockset offers called vector search has benefited from increased adoption as more applications use artificial intelligence to power recommendation eng ...






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