31 minutes ago
Gold’s epicentre is shifting to Asia, with prices buoyed by regional demand: analysts
Benicia Tan - It is set to trade near US$4,100 an ounce in H2, unless new factors such as a weaker US dollar push it...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
52 minutes ago
Malaysia may hold policy rate, signal upcoming hike as AI boosts economic growth
Malaysia’s GDP grew 5.4% in the first quarter of this year, above expectations
59 minutes ago
Japan benchmark bond yield hits 30-year high on inflation, fiscal health concerns
TOKYO, July 9 : The benchmark 10-year Japanese Government Bond (JGB) yield hit a 30-year high on Thursday, as rising oil prices rekindled inflation concerns and investors remained wary of Japan's fiscal health.Here are a few details: • The 10-year JGB yield rose 1.5 basis points (bps) to 2.88 ...
1 hour ago
Stocks to watch: SGX, Aims Apac Reit
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 9):
1 hour ago
Aims Apac Reit to acquire Perth freehold industrial property for US$29.6 million
Shikhar Gupta - Assuming the deal is fully funded by debt, the acquisition is expected to be distribution accretive
1 hour ago
NCS's new AI playbook targets hidden costs holding back AI returns
Nurdianah Md Nur - NCS is putting cost control at the centre of its new AI Playbook, arguing that companies risk burning through artificial intelligence (AI) budgets unless they manage model use, data quality and safety from the start. It is pitching the playbook to companies trying to move AI from pilots into daily o ...
1 hour ago
NCS targets healthcare AI scale with IHH, NHG partnerships
Nurdianah Md Nur - NCS is expanding its healthcare artificial intelligence (AI) work through new agreements with IHH Healthcare and NHG Health. With IHH Healthcare, NCS will establish a Joint AI Centre of Excellence to co-develop and deploy AI solutions across IHH’s network. The work is aimed at clinical excellence, ...
2 hours ago
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Questions are emerging about the chipmaker duo’s heavy AI investment
3 hours ago
US judge approves Elon Musk settlement with SEC despite misgivings, ‘red flags’
The judge asked why the SEC dropped its demand for Musk to give up ill-gotten gains to compensate his alleged victims
3 hours ago
Fed policymakers’ inflation concerns grew at June meeting, minutes show
Market reaction to the release of the minutes was muted
3 hours ago
US states could sue next week to block Paramount-Warner Bros deal, sources say
July 8 : U.S. states concerned that Paramount's $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two sources familiar with the matter told Reuters.The sources did not specify the type of competition that the states were c ...
3 hours ago
Oil settles at multi-week high as US-Iran truce buckles under fresh hostilities
Trump ruled out the restart of full-fledged war with Iran
3 hours ago
US military says it is carrying out fresh strikes on Iran, after Trump says accord is ‘over’
Trump, however, said he did not expect a return to full-fledged war
3 hours ago
Oil rises more than a dollar per barrel as US launches fresh strikes against Iran
NEW YORK, July 8 : Oil prices rose more than a dollar a barrel in post-settlement trade on Wednesday after the U.S. military began launching fresh strikes on Iran.Both crude benchmarks had settled at their highest in over two weeks after U.S. President Donald Trump threatened fresh strikes against I ...
4 hours ago
European shares post worst day since March; Trump threat rattles Spanish stocks
Trump called Madrid a “terrible partner”
4 hours ago
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
July 8 : Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings, wagering regulatory scrutiny will eventually curb the threat posed by prediction markets.Burry said ...
4 hours ago
US stocks: S&P 500 ends down after Trump says Iran deal is ‘over’
The IMF lowered its 2026 global growth forecast to 3%
4 hours ago
Honeywell Technologies raises profit guidance after one-for-two reverse stock split
July 8 : Automation firm Honeywell Technologies on Wednesday raised its second-half and full-year profit targets for 2026 after completing a one-for-two reverse stock split.The company, formerly Honeywell, proceeded with the split after spinning off and listing its aerospace arm, Honeywell Aerospace ...
5 hours ago
Oil hits multi-week high, Wall Street slips as Iran tensions reignite
WASHINGTON, July 8 : Stocks were mostly lower and oil prices rose on Wednesday after U.S. President Donald Trump said the interim peace deal with Iran was "over" and the U.S. announced fresh military strikes.Oil prices settled nearly 5 per cent higher as tensions reignited in the Middle Ea ...
5 hours ago
SpaceXAI launches Grok 4.5 model for coding, agentic tasks
July 8 : SpaceXAI on Wednesday launched the Grok 4.5 AI model, calling it the company's most intelligent offering to date designed for coding and agentic tasks. Here are some details:• SpaceXAI said Grok 4.5 was trained across tens of thousands of Nvidia GB300 graphics processing units, with ...
5 hours ago
US judge approves Elon Musk settlement with SEC despite misgivings, 'red flags'
July 8 : A federal judge on Wednesday approved the U.S. Securities and Exchange Commission's settlement with Elon Musk over his purchase of Twitter shares, despite expressing "significant misgivings" about the accord and the "red flags" it raised.U.S. District Judge Sparkle ...
5 hours ago
Companies must address self-driving car interference with emergency vehicles, US says
WASHINGTON, July 8 : The head of the U.S. National Highway Traffic Safety Administration said Wednesday that self-driving car companies must quickly address a "clear pattern" of driverless vehicles interfering with law enforcement and other first responders.Jonathan Morrison, who heads the ...
6 hours ago
Meta to build C$13 billion Alberta data center, its first in Canada
CALGARY, July 8 : Tech giant Meta announced Wednesday it will build a massive data center in central Alberta, the company's first in Canada, as it rapidly builds out computing capacity to support the global AI boom.The 1-gigawatt data center will be located in Sturgeon County and represents a t ...
8 hours ago
OpenAI launches GPT-Live voice models that listen and speak simultaneously
July 8 : OpenAI on Wednesday launched GPT-Live, a new family of voice models capable of listening and speaking simultaneously in real time.The IPO-bound AI startup said it will roll out two versions of GPT-Live – GPT-Live-1 and GPT-Live-1 mini – to users globally on Wednesday.In May, OpenAI intr ...
9 hours ago
BofA extends first $520 million loan to OpenAI ahead of IPO, source says
July 8 : Bank of America has extended a $520 million credit line to OpenAI, its first loan to the AI company that is preparing for an initial public offering, a person familiar with the matter told Reuters on Wednesday.The loan makes BofA one of OpenAI's largest lenders and bolsters its credent ...
9 hours ago
Judge rejects Kalshi bid to block New York gambling enforcement law
NEW YORK, July 8 : A federal judge denied Kalshi's bid to block New York from enforcing its gambling laws against the prediction markets platform, amid a growing battle between federal and state regulators over authority to police the fast-growing industry.In a decision on Tuesday, U.S. Distric ...
10 hours ago
Ancient quasars add to a 'major unsolved problem' in astrophysics
WASHINGTON, July 8 : A quasar — among the universe's most luminous and energetic objects — is a supermassive black hole caught in the act of guzzling matter at the heart of a galaxy. Scientists have now found quasars dating to so early in cosmic history that they are baffled as to how they ...
10 hours ago
WTO panel largely rejects Indonesia's challenge to EU duties in fatty acid imports dispute
July 8 : A World Trade Organization panel on Wednesday largely rejected Indonesia's challenge to European Union anti-dumping duties on fatty acid imports from the Southeast Asian country, while finding a limited breach related to the European Commission's calculation of dumping margins.The ...
10 hours ago
Mistral launches first robotics model in physical AI push
July 8 : Paris-based Mistral AI on Wednesday unveiled its first robotics model as Europe's leading AI company pushes into factories, warehouses and industrial automation.The launch follows Mistral's acquisition of Austria's Emmi AI in May and comes months after Paris-based startup Gen ...
10 hours ago
LatAm assets slide after Trump says Iran deal 'over'
July 8 : Latin American assets fell on Wednesday after U.S. President Donald Trump said the interim accord to end the war against Iran was over, sending oil prices higher and denting global risk sentiment.Trump also said that the U.S. was likely to launch more strikes on Wednesday night and take ove ...
10 hours ago
LatAm assets slide with global markets after Trump says Iran deal 'over'
July 8 : Most Latin American assets fell on Wednesday after U.S. President Donald Trump said the interim accord to end the war with Iran was over, sending oil prices higher and denting global risk sentiment. Trump also said that the U.S. was likely to launch more strikes on Wednesday night and take ...
10 hours ago
IMF edges 2026 global growth forecast lower to 3%, sees rebound in 2027
IMF says the world economy had dodged a sharper downturn as a result of the war
11 hours ago
Sugar market to register small deficit in 2026/27, says broker Czarnikow
[LONDON] The global sugar market will be in a modest deficit of 600,000 metric tons in the 2026/27 season, thanks largely to...
12 hours ago
Bezos' Blue Origin seeks first outside funding at $130 billion valuation, NYT DealBook reports
July 8 : Jeff Bezos' Blue Origin is looking to tap outside investors for the first time, aiming to raise $10 billion in a funding round that would value the rocket maker at $130 billion before the investment, according to an NYT DealBook report on Wednesday.Coatue Management, a big asset manage ...