1 hour ago
Don Don Donki to shutter Downtown East outlet; March 15 will mark last day of operations
[SINGAPORE] Japanese retail chain Don Don Donki is closing its Downtown East outlet, with its last day of operations being March 15.
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 hours ago
Malaysia’s largest pension fund sets 6.15% dividend for 2025
The fund expects the global economy to remain resilient
2 hours ago
Nvidia plans new chip to speed AI processing, WSJ reports
NVIDIA plans to launch a new processor designed to help OpenAI and other customers build faster, more efficient AI systems, the Wall...
5 hours ago
OpenAI reaches deal to deploy AI models on US Department of War classified network
Feb 27 : OpenAI CEO Sam Altman said on Friday it has reached an agreement with the U.S. Department of War to deploy its AI models on classified cloud networks."In all of our interactions, the DoW displayed a deep respect for safety and a desire to partner to achieve the best possible outcome,&q ...
5 hours ago
BMW launches recall over potential fire hazard
[BERLIN] German premium carmaker BMW has launched a recall affecting hundreds of thousands of vehicles worldwide over a potential fire hazard, according...
6 hours ago
From Bill Gates to JPMorgan: Businesses and billionaire leaders caught up in the Epstein scandal
Therese Soh - Also among those implicated in the saga are US President Donald Trump and former Prince Andrew
6 hours ago
Chinese-founded, Singapore-based AI startups: The next Manus might be on this list
Plenty of Chinese founders are building AI companies in the city-state
6 hours ago
Trump Media considers spinning off Truth Social into public company, reports wider annual loss
TMTG has faced challenges scaling up its media business
6 hours ago
Anthropic says it will challenge Pentagon's supply chain risk designation in court
Feb 27 : Anthropic said on Friday it will challenge in court the Pentagon's decision to declare the AI firm a supply-chain risk, hours after U.S. President Donald Trump also directed every federal agency to stop work with the company.
7 hours ago
Trump directs US agencies to toss Anthropic’s AI as Pentagon calls startup a supply risk
Tech companies and the Pentagon have repeatedly locked horns since at least 2018
7 hours ago
Wall Street hit by UK mortgage lender collapse, raising fears of more credit ‘cockroaches’
London-based Market Financial Solution specialised in complex property-backed loans
8 hours ago
Oil prices rise more than 2% as US and Iran extend talks
[HOUSTON] Oil prices rose about 2 per cent on Friday with traders bracing for supply disruptions as nuclear talks between the United States and...
8 hours ago
European shares close eighth month of gains on earnings lift; credit fears hit banks
EUROPEAN shares closed at a record high on Friday to log their eighth straight month of gains after better-than-expected corporate updates, while heavyweight...
8 hours ago
Brains, beds and balance sheets: Where human capital becomes hard currency
Tong Kooi Ong + Asia Analytica - Over the past two weeks, we have written about the challenges Malaysia faces in reindustrialisation — growing and improving manufacturing — including the rapid changes brought on by technological advancements and artificial intelligence (AI), as well as rising geopolitics (protectionism, nationa ...
8 hours ago
US stocks: Wall Street notches monthly declines on combined AI, tariff, geopolitical uncertainty
[NEW YORK] Financial and tech stocks were hit hard by a handful of persistent investor worries on Friday, with US stocks suffering their largest monthly percentage...
9 hours ago
Judge blocks Virginia law restricting social media for children
Feb 27 : A federal judge on Friday blocked Virginia from enforcing a new law that aimed to protect children from being addicted to social media by requiring age verification and limiting use by those under 16 to one hour per day.U.S. District Judge Patricia Tolliver Giles in Alexandria, Virginia, sa ...
9 hours ago
Lessons from writing with AI
Stop thinking of AI output as drafts to accept or reject. Instead, treat it as material to disassemble and recombine. The result:...
9 hours ago
Why NRIC authentication is flawed – and what’s the alternative?
New security layers are essential when a single data breach can trigger a cascading impact across banks and providers of critical services
10 hours ago
Canadian minister to meet with OpenAI's Altman to discuss safety measures after shooting
OTTAWA, Feb 27 : Canada's minister in charge of artificial intelligence said on Friday he will meet with OpenAI CEO Sam Altman next week to discuss how the ChatGPT maker plans to boost safety protocols after a recent school shooting in British Columbia.The Canadian government has urged OpenAI t ...
10 hours ago
Canada minister to meet with OpenAI's Altman to discuss safety measures after shooting
OTTAWA, Feb 27 : Canada's minister in charge of artificial intelligence said on Friday that he will meet with OpenAI Chief Executive Sam Altman next week to discuss how the ChatGPT maker plans to boost safety protocols in the wake of a recent school shooting in the Canadian province of British ...
11 hours ago
Trump directs US agencies to toss Anthropic's AI as Pentagon calls startup a supply risk
WASHINGTON, Feb 27 : U.S. President Donald Trump said on Friday he is directing every federal agency to stop work with artificial intelligence lab Anthropic while the Pentagon declared it a supply-chain risk, capping a weeks-long fight over technology guardrails in an apparent blow to the startup� ...
11 hours ago
Trump says he is directing federal agencies to cease use of Anthropic technology
WASHINGTON, Feb 27 : U.S. President Donald Trump on Friday said he was directing every federal agency to immediately cease all use of Anthropic's technology, adding there would be a six-month phase out for agencies such as the Defense Department who use the company's products."I am di ...
12 hours ago
Exclusive-QIA, Visa and ADIA set to anchor SoftBank's PayPay IPO, sources say
Feb 27 : A group of global investors including Qatar Holdings, an investment arm of Qatar Investment Authority, Visa and Abu Dhabi Investment Authority, is preparing to invest more than $200 million as cornerstone investors in the U.S. initial public offering by SoftBank's PayPay, according to ...
12 hours ago
Goldman bucks private credit redemption trend as AI disruption fears mount
Feb 27 : Goldman Sachs' asset management arm has assured investors that the redemption rate at GS Credit remains well below that of its peers, setting it apart from turbulence in private credit sparked by concerns that AI could disrupt software companies.In a letter to investors seen by Reuters ...
13 hours ago
Trump Media considers spinning off Truth Social into public company
Feb 27 : Trump Media & Technology Group, founded by U.S. President Donald Trump, is considering spinning off its social media platform Truth Social into a publicly traded company.TMTG is in discussions with TAE Technologies and Texas Ventures Acquisition III about the proposed transaction, the c ...
13 hours ago
Brookfield's new AI unit Radiant valued at $1.3 billion after merger with UK startup, sources say
LONDON, Feb 27 : Brookfield Asset Management's new AI infrastructure company Radiant has been valued at $1.3 billion after merging with London-based cloud computing firm Ori Industries, according to three people with knowledge of the matter and a document seen by Reuters.Radiant, a new company ...
13 hours ago
Dorsey's blunt AI warning sharpens debate over jobs and profits
Feb 27 : Jack Dorsey is not the first chief executive to say artificial intelligence will transform work. He may be among the first to act as if it already has - and to say so openly."Intelligence tools have changed what it means to build and run a company. We're already seeing it internal ...
16 hours ago
OUE loss widens to S$314.7 million in H2 FY2025
Benjamin Cher - The group’s half-year revenue is down at S$324.3 million from S$332 million the year before
16 hours ago
Straits Trading H2 loss widens to S$208.4 million; dividend of S$0.08 a share proposed
Benjamin Cher - The payout is unchanged from a year earlier
17 hours ago
Lululemon founder Chip Wilson ramps up pressure on board amid proxy fight
Wilson’s campaign comes as the company’s shares have lost nearly half of their value over the past 12 months
17 hours ago
Straits Trading reports FY2025 loss of $234 mil on impairments and lower fair value
The Edge Singapore - The Straits Trading Company, weighed down by a series of non-cash impairment and value adjustments of its various real estate businesses and investments, has reported a net loss of $234 million for its FY2025. In the year earlier, it reported earnings of 11%. Of note, Straits Trading recognised a no ...
17 hours ago
ASTI Holdings returns to profitability in FY2025, with net profit of $835,000
Teo Zheng Long - ASTI Holdings (SGX: 575 ) reversed back into the black with a net profit of $835,000 in FY2025, ended Dec 31, 2025, compared against a loss of more than $24.5 million a year ago. Revenue was up 11.8% y-o-y to $36.9 million, driven by higher revenue from the backend equipment solution & technolog ...
17 hours ago
International Cement Group reports FY2025 earnings of $60.0 mil, up more than 400 times y-o-y
Teo Zheng Long - International Cement Group (SGX: KUO ) (ICG) has reported net profit attributable to shareholders of $60.0 million in FY2025 ended Dec 31, 2025, up from just $135,000 a year ago. For FY2025, revenue grew by 47% y-o-y to $378.8 million, driven by higher selling prices and increased sales volumes from ...
17 hours ago
India's Vishal Mega Mart promoter sells 14% stake for $838 million