35 minutes ago
Keppel bags 720 MW power bank for AI data-centre campus near Melbourne
Chloe Lim - The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
35 minutes ago
CapitaLand India Trust secures second long-term agreement with hyperscaler for Tower 2 of Mumbai data centre
Nicole Lim - CapitaLand India Trust (CLINT) has secured a second long-term agreement with a leading global hyperscaler for Tower 2 of CapitaLand DC Navi Mumbai in Airoli, Navi, Mumbai. CapitaLand DC Navi Mumbai Tower 2 is a hyper dense facility with a planned IT load of 37 megawatts and gross power capacity of 5 ...
41 minutes ago
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says
45 minutes ago
Australia social media ban hits 4.7 million teen accounts in first month
The country’s regulator said the measure has had a swift and sweeping impact
50 minutes ago
AI video startup Higgsfield hits $1.3 billion valuation with latest funding
Jan 15 : AI video generation startup Higgsfield raised $80 million in new funding, valuing the company at over $1.3 billion, it told Reuters, as investors rush to develop the sector amid booming demand for the new technology.The Series A extension round included the participation of Accel, GFT Ventu ...
53 minutes ago
ASML tops US$500 billion market cap as TSMC plans to spend more
The company is a clear beneficiary of the AI boom
1 hour ago
India warns Apple it will proceed with antitrust case after company plays for time
NEW DELHI, Jan 15 : India has issued a final warning to Apple that it will proceed in an antitrust case against the U.S. tech giant as the company has delayed responses to officials for over a year and undermined the investigation, a confidential order shows.Apple has said it fears it could be fined ...
1 hour ago
Air India warns of possible disruptions to A350 routes after jet suffers engine damage
Air India operates six Airbus A350s on lucrative routes, including between New Delhi and London, New York and Newark
1 hour ago
A family feud could tear apart one Singapore-listed company’s 108% gain of last year
Jude Chan - Investors should press for answers as a corporate governance nightmare unfolds at Nam Lee Pressed Metal Industries
1 hour ago
Philippines to join Indonesia, Malaysia in blocking Grok AI
[MANILA] The Philippines will join Malaysia and Indonesia in blocking Elon Musk’s Grok artificial intelligence chatbot amid growing concerns over sexualized images...
1 hour ago
Changi Airport ranks as 4th busiest international airport in 2025: OAG report
Therese Soh - Dubai International Airport keeps its place as the world’s busiest international airport, with a seat volume of 62.4 million
2 hours ago
Keppel secures 720MW powerbank capacity for AI data centre campus near Melbourne
Nicole Lim - Keppel has secured a 720 megawatt (MW) powerbank capacity for an AI data centre campus near Melbourne, Australia. This comes together with Keppel’s Connectivity Division securing the rights to lease a 123-hectare contiguous site near Morwell, Victoria, in phases and over time, from Australian ener ...
2 hours ago
Spotify to raise monthly subscription price to $12.99 in US and other markets
Jan 15 : Spotify will increase the price of its monthly premium subscription plan by $1 to $12.99 in the United States, Estonia and Latvia markets, the Swedish streaming platform said on Thursday.The company said its new pricing would take effect on consumers' billing dates starting in February ...
2 hours ago
Spotify to raise monthly subscription price to $12.99 in select markets
Jan 15 : Spotify said on Thursday it would raise the price of its monthly premium subscription service by $1 to $12.99 for existing subscribers in the United States, Estonia and Latvia markets.Shares of the Swedish streaming giant rose nearly 3 per cent in premarket trading.The company said its new ...
2 hours ago
Analysis:US stocks leadership showing signs of broadening beyond tech
NEW YORK, Jan 15 : After years of watching technology stocks drive the U.S. bull market, investors are betting the rally will broaden to industrial, healthcare and small-cap companies, with a chance they can catch up and assert market leadership.Stocks such as Nvidia, Alphabet and Broadcom have buoy ...
2 hours ago
Study finds Tyrannosaurus rex did not reach full size until age 40
WASHINGTON, Jan 15 : There is no question that Tyrannosaurus rex got big. In fact, this fearsome dinosaur may have been Earth's most massive land predator of all time. But the question of how quickly T. rex achieved its maximum size has been a matter of debate.A new study examining bone tissue ...
2 hours ago
C-REIT market won’t overtake US REITs: CenterSquare Apac head
Jovi Ho - At the start of 4Q2025, Asia Pacific Real Assets Association (Aprea) chairman John Lim called Chinese hospitality assets “the best asset class” in real estate apart from data centres. Speaking to the media on the sidelines of the Asia Pacific Real Assets Leaders’ Congress on Oct 9, Lim said th ...
2 hours ago
SIA Group’s passenger traffic up 1.9% in December
Chloe Lim - The group’s two carriers carry around 3.8 million passengers in the period – a new monthly record
2 hours ago
Former Keppel REIT CEO Paul Tham appointed to board of CapitaLand Ascendas REIT
Nicole Lim - CapitaLand Ascendas REIT (CLAR) has appointed former Keppel REIT CEO Paul Tham as non-executive and non-independent director. Tham was the CEO of Keppel REIT Management from Jan 2019 to Oct 2021, and thereafter held positions as managing director, deputy group CFO and group CFO at CapitaLand Investm ...
2 hours ago
UK media regulator says Snapchat improves illegal content risk checks
Jan 15 : Britain's Ofcom said on Thursday social media platform Snapchat has significantly improved its illegal content risk assessment following concerns raised by the media regulator last year.
2 hours ago
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations
2 hours ago
SIA Group combined passenger carriage up 4.8% y-o-y to 3.8 mil in Dec 2025
Nicole Lim - Singapore Airlines (SIA) Group has reported a 1.9% y-o-y growth in group passenger traffic and 2.6% y-o-y growth in passenger capacity for December 2025. Passenger load factor (PLF) came in at 87.9% for the month, with SIA and Scoot achieving monthly PLFs of 87.6% and 89.1% respectively. The combine ...
2 hours ago
Soilbuild levels up for growth
Teo Zheng Long and Felicia Tan - Soilbuild has undergone multiple transformations over the decades, starting as a sub-contractor before growing into a multi-layered entity with distinct business activities. The parent, Soilbuild Group Holdings, was listed on the Singapore Exchange’s (SGX) Mainboard in January 2005 before it was p ...
3 hours ago
Indian startup Varaha inks deal with Microsoft to remove 2 million tonnes of carbon dioxide
Vivien Ang - Project puts spotlight on smallholder companies and their capability to deliver on carbon removal, says CEO of Varaha
3 hours ago
Malaysia’s Paradigm REIT: Eyeing disciplined growth post-IPO
Chin Wai Lun / The Edge Malaysia - More than six months after its market debut on Bursa Malaysia, Paradigm Real Estate Investment Trust (REIT) is facing the moment of truth for every newly listed trust, which is the shift from promise to proof. Led by CEO and executive director Selena Chua Kah Noi, the retail-focused REIT with three ...
3 hours ago
Singapore stocks end higher on Thursday despite S-Reit stumble; STI gains 0.4%
Jude Chan - However, decliners outnumbered advancers 335 to 277 across the wider market, with 1.4 billion shares worth S$1.5 billion changing hands
3 hours ago
The Assembly Place to raise $18.5 mil via IPO placement of 50.3 mil shares at 23 cents each
Samantha Chiew - One of Singapore’s largest co-living operator The Assembly Place (TAP) is seeking an initial public offering (IPO) on the Catalist board of Singapore Exchange (SGX) to fund its expansion plans. TAP is expecting to raise about $18.3 million in gross proceeds from its invitation and cornerstone tran ...
3 hours ago
Co-living operator The Assembly Place offers Catalist IPO at S$0.23 a share
Chong Xin Wei - Company will have an estimated market capitalisation of about S$88.1 million post-listing
3 hours ago
United Hampshire US Reit acquires Wallingford Fair Shopping Center for US$21.4 million
Chloe Lim - The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million
3 hours ago
United Hampshire US Reit acquires Wallingford Fair Shopping Centre for US$21.4 million
Chloe Lim - The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million
4 hours ago
ASML tops $500 billion market cap as TSMC plans to spend more
AMSTERDAM, Jan 15 : Shares of ASML, the world's biggest maker of equipment used to manufacture computer chips, hit new all-time high on Thursday after top customer TSMC announced larger than expected capital spending plans to keep up with booming demand for artificial intelligence chips.TSMC hi ...
4 hours ago
ASML tops $500 billion market cap as TSMC results ignite semis rally
Jan 15 - Shares in ASML surged to a new all-time high on Thursday, pushing its market capitalisation past the $500 billion milestone and cementing its lead as Europe’s most valuable company.The surge in the Dutch chipmaking equipment manufacturer was fuelled by TSMC's blockbuster results, whi ...
4 hours ago
Yen slips ahead of Japan election, intervention fears linger
Jan 15 : The yen edged lower on Thursday as traders fretted over the impact of possible increased fiscal spending, while keeping a close watch for any signs of Bank of Japan intervention to shore up the currency near the 160 level.Japan's Prime Minister Sanae Takaichi plans to dissolve parliame ...
4 hours ago
Sunway to acquire rival IJM Corp in RM11 bil cash-and-shares deal
Justin Lim & Vincent Lee / The Edge Malaysia - Malaysia-listed conglomerate Sunway Bhd plans to acquire rival IJM Corporation Bhd in a cash-and-shares deal valued at over RM11 billion ($3.49 billion). Under the terms of the proposed deal, every 1,000 shares of IJM Corp entitle its holder to RM315 in cash and 501 Sunway shares worth RM2,835. If s ...