5 minutes ago
Nations must exercise ‘agency’ to develop AI capabilities: Josephine Teo
Young Zhan Heng - It is within the capacity of countries to shape the conditions to build an AI-ready society, for instance through the education system
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
23 minutes ago
Daily Debrief: What Happened Today (Nov 19)
Stories you might have missed
24 minutes ago
Google Deepmind launches research lab in Singapore to better study S-E Asia’s cultural nuances
Young Zhan Heng - Google Deepmind is the main AI research body of Google
29 minutes ago
Manulife US Reit bags two-year lease renewal with US Treasury
Goh Ruoxue - The government department makes up 5.3 per cent of the Reit’s total gross rental income
34 minutes ago
Spain to investigate Meta over suspected violation of user privacy
MADRID :Spain's Prime Minister Pedro Sanchez said on Wednesday his government would investigate Facebook and Instagram owner Meta for possible violation of privacy of users of its social media applications.The probe stems from research carried out by several international research centres that ...
37 minutes ago
Bank Indonesia holds rates, signals focus on rupiah stability amid capital outflows
Elisa Valenta - The rupiah has fallen 3.8% this year and is Asia’s worst-performing currency
49 minutes ago
Stamford Tyres puts commercial property at 455 MacPherson Road up for sale at S$12.5 million
Derryn Wong - With a land area of 10,236 square feet, the location currently houses one of the company’s tyre retail outlets
49 minutes ago
SGX set for unicorn listing as medical and surgical imaging company Ultragreen.ai lodges preliminary prospectus
Teo Zheng Long - UltraGreen.ai has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) for its proposed listing on the mainboard of the Singapore Exchange Securities Trading (SGX-ST). UltraGreen.ai is a global leader in the fluorescence-guided surgery (“FGS”) space, pioneering vertic ...
52 minutes ago
STI ends flat on Wednesday amid mixed regional trading
Young Zhan Heng - The best performer was Yangzijiang Shipbuilding, while the biggest loser was Genting Singapore
1 hour ago
Manulife US REIT secures two year lease renewal with US Treasury increasing WALE to 2.3 years
Nicole Lim - Manulife US REIT (MUST) said that its fifth largest tenant, US Treasury, has signed a 24-month lease renewal at 1750 Pennsylvania Avenue (Penn) in Washington, D.C., starting from August 2025. The US Treasury will retain its space of about 120,000 square feet (sq ft) at Penn and the renewal will exte ...
2 hours ago
Netherlands hands back control of Chinese-owned chipmaker Nexperia
The move marks a significant de-escalation of a dispute that underscored the global nature of supply chains
2 hours ago
EU court dismisses Amazon's request to scrap EU tech label
The European Union's General Court on Wednesday dismissed a request by Amazon to scrap its designation as a platform subject to stricter requirements under EU online content rules.The EU's Digital Services Act requires large platforms such as social media sites and search engines to have r ...
2 hours ago
Nvidia chip shift to smartphone-style memory to double server-memory prices by end-2026 - Counterpoint
BEIJING :Nvidia's move to use smartphone-style memory chips in its artificial intelligence servers could cause server-memory prices to double by late 2026, according to a report published on Wednesday by Counterpoint Research. In the past two months, electronics supply chains around the world h ...
2 hours ago
EU to ease AI, privacy rules as critics warn of caving to Big Tech, Trump
STOCKHOLM/BRUSSELS :Europe is set to streamline its AI and privacy laws on Wednesday to simplify the EU's tougher rules in a move critics say will appease Big Tech and U.S. President Donald Trump.The European Commission's plans include allowing tech firms to use personal data to train AI m ...
3 hours ago
Large car COE premium spikes 13% as mainstream car category cools
Derryn Wong - Buyers go for large cars as a result of the narrowed gap between large and mainstream car premiums in the previous round
3 hours ago
Large car COE premium spikes 13%, mainstream car premium dips 1%
Derryn Wong - The commercial vehicle, motorcycle and Open categories all post small rises
3 hours ago
CGS reduces target price for Mermaid Maritime but keeps ‘add’ call
Daoyi Lin - CGS International analysts Meghana Kande and Lim Siew Khee have lowered their target price for Mermaid Maritime to 14 cents from 16 cents due to a slower-than-expected momentum in order wins for the year. As at Sept 30, Mermaid Maritime’s total order book stood at US$642 million ($836.4 million), ...
3 hours ago
COE premiums mostly rise, with Category B prices increasing to S$129,890
SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Nov 19).For smaller cars in Category A, premiums closed at S$109,000 (US$83,700), 0.9 per cent down from S$110,002 in the last exercise.The largest increase this round
3 hours ago
Xiaomi rides fan base to EV profitability faster than Tesla
China’s mature EV supply chain helps Xiaomi to reach scale without needing heavy capital
3 hours ago
Markets primed for possible further declines: Goldman president Waldron
The S&P 500 is down more than 3% this month, on course for its worst month since March
4 hours ago
Japan's Norinchukin ekes out small profit, flags risks in private credit market
TOKYO :Japan's Norinchukin Bank, hit hard by mammoth losses last year, logged a small profit for a second straight quarter and said that it has begun increasing its investments in securities.But the bank, one of the world's largest investors in collateralised loan obligations (CLOs), also ...
4 hours ago
SBF launches Singapore Enterprise Centre in Dubai, first in Middle East, to support companies’ expansion
Elysia Tan - The region has seen growing interest from Singapore businesses
4 hours ago
South Korea antitrust regulator probes Arm Holdings in Seoul, source says
South Korea's antitrust regulator is investigating the Seoul offices of Arm Holdings as part of ongoing scrutiny of the company's licensing practices, a person familiar with the matter told Reuters on Wednesday. Bloomberg News reported earlier that South Korea's Fair Trade Commission ...
4 hours ago
South Korea antitrust regulator probes Arm Holdings' office in Seoul, source says
South Korea's antitrust regulator is investigating the Seoul offices of Arm Holdings as part of ongoing scrutiny of the company's licensing practices, a person familiar with the matter told Reuters on Wednesday. Bloomberg News reported earlier that South Korea's Fair Trade Commission ...
4 hours ago
South Korea antitrust regulator inspect Arm Holdings' office in Seoul, Bloomberg News reports
South Korea's antitrust regulator visited the Seoul offices of Arm Holdings this week as part of ongoing scrutiny of the company's licensing practices, Bloomberg News reported on Wednesday, citing people familiar with the matter.The visit follows a complaint from Qualcomm, which alleges th ...
4 hours ago
South Korea readies incentives for long-term stock investment, FX stability
SEOUL :South Korea plans to unveil incentives for long-term stock investors, while making efforts to ensure foreign exchange stability, its finance minister said on Wednesday.Since taking office in June, the administration of President Lee Jae Myung has vowed various reforms to boost the domestic st ...
4 hours ago
South Korea seeks incentives for long-term stock investment, FX stability
SEOUL :South Korea will prepare incentives for long-term stock investors, while making efforts toward foreign exchange stability, the finance minister said on Wednesday."We plan to introduce incentive measures for small investors, who stay in capital markets for a long time or invest in certain ...
4 hours ago
Public debt situation may get 'much worse' in major advanced economies: Ravi Menon
Felicia Tan - The public debt situation is going to get “much worse” in major advanced economies, says Ravi Menon at the Bloomberg New Economy forum. “The question arises, who’s going to buy all these so-called risk-free assets? They’re not risk-free anymore,” he notes. “So public debt worries me a ...
5 hours ago
Singapore's economic strategy review to look at 'bolder moves' to push up growth: Jeffrey Siow
The acting minister said the five committees under the review hope to put up a mid-term report around next year’s Budget and receive some funding support.
5 hours ago
Hyundai’s US$26 billion investment plan in the US to continue despite immigration raid, says CEO
Janice Lim - Its workers were detained at a plant it had a stake in
5 hours ago
Hyundai to continue investing in US after immigration raid, says CEO
Janice Lim - This is even after its workers were detained in an immigration raid at a plant it had a stake in
5 hours ago
China expected to keep rates steady for sixth month as PBOC turns less dovish
The consensus comes after the central bank this month maintained its seven-day reverse repo rate, which now serves as a major policy...
5 hours ago
Air India lobbies to use airspace over China’s Xinjiang as financial woes mount
The airline has been seeking to rebuild its reputation and international network after a London-bound Boeing 787 Dreamliner crashed in Gujarat in...
5 hours ago
Alpina to delist on Dec 4 as court gives green light to joint offer by top execs, Savills Singapore
Therese Soh - The scheme consideration comprises a payment of S$0.31 per share in cash and S$0.06 per share in cash by way of a...