5 minutes ago
A couple of micro-cap SGX companies are surging – but investors should think twice before biting
Jude Chan - Acma and Sitra have not offered compelling growth stories, so their share price gains may not be sustainable
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
5 minutes ago
The SGX-NYSE tie-up didn’t take off, but conditions today may spell success for SGX-Nasdaq dual listing
Benjamin Cher - Rising interest rates and post-pandemic situation weighed on market in 2022, but that has changed
29 minutes ago
Trump says he may be down to one candidate to head the Fed
[DAVOS, Switzerland] US President Donald Trump on Wednesday indicated he was close to choosing the new chair of the Federal Reserve, adding...
35 minutes ago
JPMorgan’s Dimon warns of ‘economic disaster’ for US as Trump backs credit card rate cap
Banking industry bodies have pushed back strongly against the move
53 minutes ago
European shares end flat as Trump tones down Greenland rhetoric
EUROPEAN shares trimmed earlier losses and closed flat on Wednesday after US President Donald Trump softened his rhetoric around the acquisition of Greenland,...
54 minutes ago
Honeywell, Flexjet settle litigation, extend engine maintenance deal
Jan 21 : Honeywell said on Wednesday it had reached an agreement with private aviation company Flexjet to resolve their litigation and aims to rebuild their commercial partnership.The industrial conglomerate said it agreed to extend its aircraft engine maintenance deal with Flexjet through 2035 as p ...
1 hour ago
Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports
[HOUSTON] Oil prices closed 0.5 per cent higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields...
1 hour ago
Commentary: China’s marathon boom needs a second wind
China's enormous growth in distance running neatly mirrors the country’s rise as an economic power, says Juliana Liu for Bloomberg Opinion.
1 hour ago
Trump rules out force, tariffs, says Greenland deal framework reached
[DAVOS, Switzerland] US President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out...
1 hour ago
US stocks: Wall Street ends higher on Greenland framework deal
ALL three Wall Street benchmarks closed higher on Wednesday, buoyed by the news that a framework for an agreement on Greenland had...
2 hours ago
F/m Investments seeks SEC approval to tokenize Treasury bill ETF shares
Jan 21 : F/m Investments said on Wednesday that the asset manager has filed with a regulator for approval to record ownership of tokenized shares in its U.S. Treasury 3-month bill (TBIL) ETF on a permissioned blockchain.The filing with the U.S. Securities and Exchange Commission comes amid growing e ...
2 hours ago
EU to weigh Netflix, Paramount bids for Warner Bros at same time, Bloomberg News reports
Jan 21 : The European Union's antitrust regulators are expected to scrutinize rival bids by Netflix and Paramount Skydance for Warner Bros. Discovery at the same time, setting up an unusual head-to-head competition review, Bloomberg News reported on Wednesday.The takeover battle puts major ente ...
3 hours ago
Apple to revamp Siri as a built-in chatbot, Bloomberg News reports
Jan 21 : Apple plans to revamp Siri later this year by turning the digital assistant into the company's first artificial intelligence chatbot, Bloomberg News reported on Wednesday.The chatbot, code named Campos, will be embedded deeply into the iPhone, iPad and Mac operating systems and will re ...
4 hours ago
Court rules TikTok can continue to operate in Canada for now, Politico reports
Jan 21 : Canada's federal court has overturned a government order to close TikTok's Canadian operations, allowing it to continue to operate at least for now, Politico reported on Wednesday. In 2024, Canada ordered TikTok's business in the country to be dissolved, citing national-secur ...
4 hours ago
Netflix-Warner Bros deal could offer viewers relief from subscription fatigue
Jan 21 : Nick LaFleur is one of many Americans who think a Netflix-Warner Bros tie-up might provide some relief from "subscription fatigue."The New York City resident has held on to a full poker hand of streaming services - Netflix, Disney+, Apple TV, HBO Max and Paramount+ - even as price ...
5 hours ago
AI company Eightfold sued for helping companies secretly score job seekers
Jan 21 : Eightfold AI, a venture capital-backed artificial intelligence hiring platform used by Microsoft, PayPal and many other Fortune 500 companies, is being sued in California for allegedly compiling reports used to screen job applicants without their knowledge.The lawsuit filed on Tuesday accus ...
5 hours ago
Bezos' Blue Origin to deploy thousands of satellites for new "TeraWave" communications network
WASHINGTON, Jan 21 : Jeff Bezos' space company Blue Origin on Wednesday announced a plan to deploy 5,408 satellites in space for a communications network that will serve data centers, governments and businesses, with plans to start satellite deployment in late 2027. (Editing by Franklin Paul)
6 hours ago
US dollar edges up after Trump rules out military action in Greenland
US President Donald Trump ruled out the use of military action in Greenland, and since the US dollar has risen from three-week lows.
7 hours ago
Toyota affiliates in $436 million settlement over alleged forklift engine emissions cheating
Jan 21 : Three Toyota affiliates reached a settlement worth an estimated $436 million of a proposed U.S. class action accusing them of emissions cheating in nine engines for forklift trucks.A preliminary settlement with Toyota Industries, the world's largest maker of forklift trucks, and two su ...
7 hours ago
Hand stencil in Indonesian cave seen as the oldest-known rock art
Jan 21 : The painted outline of a human hand inside a cave on the Indonesian island of Muna represents what researchers are calling the oldest example of rock art in the world, created at least 67,800 years ago.The reddish-colored stenciled image has become faded over time and is barely visible on a ...
7 hours ago
Customer experience platform Toku’s IPO 31.9 times subscribed
Benjamin Cher - The company raises total gross proceeds of about S$16.3 million
8 hours ago
UOB’s Sydney branch prices A$2 billion in five-year notes
Renald Yeo - They comprise A$750 million in floating-rate notes and A$1.25 billion in fixed-rate notes
8 hours ago
Wall Street opens higher after rout, Trump speech in focus
[NEW YORK] US stocks staged a modest recovery on Wednesday (Jan 21) after the sharpest equities sell-off in three months, as investors...
8 hours ago
Trump says US will not use force to acquire Greenland
He downplays the issue as a ‘small ask’ over a ‘piece of ice,’ claiming it won’t threaten the Nato alliance
8 hours ago
Trump tells Europe and Nato to hand over Greenland – or else
He casts the request as a ‘small ask’ over a ‘piece of ice, cold and poorly located’
8 hours ago
SAP shares hit 17-month low as AI-driven selloff burns $130 billion
MILAN, Jan 21 : Shares in Germany's SAP extended a months-long downtrend on Wednesday, falling to their lowest since August 2024 and bringing the loss in market value since last year's record high to around $130 billion.The decline is part of a broader selloff that has hit software stocks ...
9 hours ago
Toku’s $16.25 mil IPO 1.9 times subscribed
Kwan Wei Kevin Tan - The initial public offering (IPO) of local technology company Toku was 1.9 times subscribed. The cloud communications and customer experience platform is the first company to list on the SGX in 2026. Toku’s offer period ran from Jan 14 to Jan 20. The company’s shares will commence trading at 9 a ...
9 hours ago
Asian equities hold ground as Japan bond jitters ease, after Wall Street slide
Renald Yeo - Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos
9 hours ago
Asian equities hold ground as Japan bond jitters ease; Wall Street up in early trade
Renald Yeo - Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos
9 hours ago
Medical AI startup OpenEvidence doubles valuation to $12 billion in latest round
Jan 21 : OpenEvidence, an AI startup whose tools are used by U.S. physicians, has raised $250 million in fresh funding at a $12 billion valuation, the Nvidia and Google Ventures-backed company said on Wednesday, doubling its value in just three months.The surge in generative AI investment has so far ...
10 hours ago
Lemonade to cut insurance rates for Tesla drivers in endorsement of EV maker's software technology
SAN FRANCISCO, Jan 21 : U.S. insurer Lemonade said on Wednesday it would offer a 50 per cent rate cut for drivers of Tesla electric vehicles when the automaker's Full Self-Driving (FSD) driver assistance software is steering because it had data showing it reduced accidents. Lemonade's mov ...
10 hours ago
Lemonade to halve Tesla insurance rates for miles driven with software assistant
SAN FRANCISCO, Jan 21 : U.S. insurer Lemonade said on Wednesday it would offer a 50 per cent rate cut for drivers of Tesla electric vehicles when the automaker's Full Self-Driving (FSD) driver assistance software is steering because it had data showing it reduced accidents. Lemonade's mov ...
10 hours ago
Singapore Precious Metals Exchange, director to be charged over alleged US$81 million in unlicensed payment services
Deon Loke - If convicted, Victor Foo faces a fine not exceeding S$125,000, imprisonment for a term of up to three years, or both
10 hours ago
OpenAI seeks to increase global AI use in everyday life
It aims to expand the reach of its products and close the gap between countries with and without access to AI