3 hours ago
Demand for China’s lithium batteries will slump in early 2026: car association head
A big drop in demand will hurt battery makers including Contemporary Amperex Technology Ltd and EVE Energy
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 hours ago
Amazon halts plans for drone delivery in Italy
ROME, Dec 28 : Amazon said on Sunday it has decided not to pursue plans to deliver goods by drone in Italy, saying that while it had made good progress with aerospace regulators, broader business regulatory issues did not support the project.The Italian civil aviation ENAC called the decisi ...
5 hours ago
Coupang founder Kim Bom apologises for data leak, pledges compensation
[SEOUL] Online retailer Coupang’s founder Kim Bom apologised for the first time for a recent leak of customer data and pledged to...
6 hours ago
Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub
Tan Nai Lun - MAS likely to go ahead with simplifying SFO tax incentive framework in face of rising competition
11 hours ago
Yen weaker in thin trading as traders stay alert to intervention risk
[TOKYO] The Japanese yen softened against the greenback on Friday (Dec 26) as investors remained on watch for potential intervention to shore...
12 hours ago
US dollar caps worst week since June with focus on data ahead
[NEW YORK] A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next...
12 hours ago
Target faces activist investor pressure amid sales decline
[NEW YORK] Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in Target, the Financial Times reported on Friday...
12 hours ago
Target faces activist investor pressure amid sales decline: FT
[NEW YORK] Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in Target, the Financial Times reported on Friday...
13 hours ago
Fed data show December surge in 10-year Treasury delivery fails
[NEW YORK] Delivery fails involving 10-year Treasury notes surged to the highest level in eight years this month, a result of the...
14 hours ago
Brutal year for stock picking spurs trillion-dollar fund exodus
[NEW YORK] The last thing a diversified fund manager wants is to run a portfolio dominated by just seven technology companies –...
24 hours ago
Analysis:Waymo's San Francisco outage raises doubts over robotaxi readiness during crises
SAN FRANCISCO, Dec 27 : A widespread power outage in San Francisco that led to Waymo robotaxis stalling and snarling traffic earlier this month has raised concerns about the readiness of autonomous vehicle operators to tackle major emergencies like earthquakes and floods.Driverless taxis from Alp ...
24 hours ago
Waymo's San Francisco outage raises doubts over robotaxi readiness during crises: Analysis
SAN FRANCISCO: A widespread power outage in San Francisco that led to Waymo robotaxis stalling and snarling traffic earlier this month has raised concerns about the readiness of autonomous vehicle
1 day ago
Thailand and Cambodia sign ceasefire agreement to halt fierce border conflict
It ends 20 days of fighting that has killed at least 101 people and displaced more than 500,000
1 day ago
To win the global car market, China needs more than EVs
[BEIJING] Automotive culture is the sum of social behaviours, values, beliefs, customs, art forms and lifestyles that revolve around the car. It...
2 days ago
The year in review and what lies ahead
Tong Kooi Ong + Asia Analytica - How will the financial markets in 2025 best be remembered? No pun intended, but we would probably like to call it the year of “T&A”. The “A” is Artificial Intelligence (AI) while the “T” are Trump, Tariff, Trade, Technology and Truth Social/Twitter (now known as X), the social media ...
2 days ago
17 new cars worth waiting for in 2026
New electric cars from unexpected quarters and some defiantly old-school machines make next year an enticing one for car fans and practical...
2 days ago
Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
[HOUSTON] Oil prices settled more than 2 per cent lower on Friday (Dec 26) as investors weighed a looming global supply glut,...
2 days ago
US: Wall Street ends close to all-time highs in light, post-holiday session
[NEW YORK] Wall Street ended a light-volume post-Christmas session nearly unchanged on Friday (Dec 26), with few catalysts to fuel much conviction...
2 days ago
Japan schedules sanitary audit on Brazilian beef for March 2026, Brazil says
SAO PAULO: The Japanese government will conduct an audit to assess Brazil's beef sanitary system in March 2026, as part of the process to open its market to Brazilian products, Brazil's Agriculture Ministry said on Friday (Dec 26).Brazil, the world's largest beef exporter, has been ...
2 days ago
New York to require social media platforms to display mental health warnings
Social media platforms with infinite scrolling, auto-play and algorithmic feeds will be required to display warning labels about their potential harm to young users’ mental health under a new law, New York Governor Kathy Hochul announced on Friday (Dec 26)."Keeping New Yorkers safe has been m ...
2 days ago
Atos to sell Latin American businesses to Brazil's Semantix
PARIS, Dec 26 : French IT company Atos said on Friday it signed a binding agreement to sell its Latin American operations to Brazilian tech company Semantix as part of a broad restructuring plan.The business to be sold employs about 2,800 people in Brazil, Argentina, Chile, Colombia, Peru a ...
2 days ago
Wall Street closes near record highs; precious metals rise
Dec 26 : Major U.S. stock indexes closed near record peaks on Friday, little changed from the start of a muted post-Christmas trading session, while expectations of Federal Reserve interest rate cuts and safe haven appeal pushed precious metals prices to all-time highs.Public holidays kept market ...
2 days ago
Wall Street lingers around record highs; precious metals rise
Dec 26 : Major U.S. stock indexes oscillated around record peaks on Friday in muted post-Christmas trading, while expectations of Federal Reserve interest rate cuts and safe haven appeal pushed precious metals prices to all-time highs.Public holidays kept markets closed in Australia, Hong Kong and m ...
2 days ago
Wall Street holds on to year-end highs; precious metals keep their lustre
Dec 26 : Major U.S. stock indexes traded near record peaks on Friday in muted post-Christmas trading, while expectations of Federal Reserve interest rate cuts helped propel precious metals prices to all-time highs.Public holidays kept markets closed in Australia, Hong Kong and most of Europe, but th ...
2 days ago
Wall Street little changed in post-Christmas session
[NEW YORK] Wall Street indexes opened nearly flat in light post-Christmas trading on Friday (Dec 26), while investors bet that more interest...
2 days ago
Autobahn Rent A Car and related companies’ moratorium application dismissed
Derryn Wong - The High Court ruling opens the way for creditor actions and insolvency proceedings, which may include being wound up
2 days ago
Year's top gainers and losers are mainly small caps
Goola Warden - As 2025 draws to a close, and taking stock of the outperformers compared to the laggards, one factor the top 10 gainers by total returns and the top 12 losers by total returns have in common is that both groups comprise small caps. The data is for stocks on the mainboard of the Singapore Exchange so ...
2 days ago
TotalEnergies sues Charge+ over sale of EV charging assets
Tay Peck Gek - The defendant says it refused to proceed with the deal because BlueSG – which accounted for more than 95% of the claimant’s...
2 days ago
China Vanke bondholders approve grace period extension, reject year-long delay
BEIJING: China Vanke's bondholders approved a proposal by the state-backed developer to extend the grace period for a 3.7 billion yuan (US$528 million) bond repayment, but rejected delaying the repayment by a year, a filing showed on Friday (Dec 26).The decision, disclosed in a filing to the ...
2 days ago
Resources Global Development acquires Draco Investment Holdings
Lin Daoyi - Catalist-listed Resources Global Development (RGD) announced in a bourse filing on Dec 26 that it has completed the acquisition of Draco Investment Holdings for US$1($1.3) million from Southeast Earnest Investment (SEI). The purchase consideration was arrived at on a willing-seller, willing-buyer ba ...
2 days ago
Singapore stocks flat; latest factory output data posts solid growth
Renald Yeo - The iEdge Singapore Next 50 Index up 0.1% at 1,449.67
2 days ago
Sheng Siong awards long-serving staff members with gold coins
[SINGAPORE] In recognition of their loyalty, local supermarket chain Sheng Siong has awarded its long-serving employees with gold coins.
2 days ago
Prime retail rents seen rising further in 2026 with tenant demand firm amid tight supply
Chong Xin Wei - Market watchers expect increases of between 1% and 4%, with city centre malls likely outperforming suburban centres
2 days ago
Singapore court upholds worldwide asset freeze in alleged fraudulent US$38 million gold scheme
Renald Yeo - Claimants say they were induced to invest in what was presented as a trading operation spanning South Africa and Zimbabwe