42 minutes ago
Airbus wins major order from Air China to firm regional hold
The deal adds to a series of successful sales campaigns for the European planemaker
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
56 minutes ago
Telstra CEO points to undocumented software change for outage in Senate testimony
July 17 : Telstra CEO Vicki Brady told a Senate inquiry on Friday that last week's outage at Australia's largest telecoms firm was likely caused by an undocumented design change and a missed software update on a network time-keeping device.Last Wednesday's outage, the latest in a seri ...
1 hour ago
Rising fees are changing the role of South-east Asia’s e-commerce enablers
The economics of e-commerce have changed in recent years amid rising marketplace commissions
1 hour ago
Network School: Malaysia’s Forest City controversy explained
The Immigration Department’s ongoing probe has uncovered no evidence of participation by Israeli nationals
2 hours ago
Global equity funds draw inflows for the eighth week on earnings optimism
July 17 : Global equity funds attracted inflows for an eighth consecutive week through July 15, as investor risk appetite was lifted by a strong start to the earnings season and cooler U.S. inflation data that eased expectations of Federal Reserve rate hikes.Investors made net purchases of $12.46 bi ...
2 hours ago
Singapore stocks fall on Friday as local banks take a hit; STI down 0.5%
Across the broader market, gainers trail losers 226 to 365, after 1.2 billion securities worth S$2.1 billion change hands
2 hours ago
SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler
WASHINGTON, July 17 : U.S. Small Business Administration head Kelly Loeffler multiplied the value of her investment in Elon Musk's SpaceX after she was nominated for the job, earning millions of dollars from the company's record initial public offering, a Reuters review of her financial di ...
2 hours ago
Chinese startup Moonshot’s powerful new AI model closes gap with US rivals
It is said to outperform all competitors except Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6
3 hours ago
"Lacks excitement": Netflix tumbles 9% as weak earnings forecast deepens doubts over growth
July 17 : Netflix's shares tumbled 9.2 per cent before the bell on Friday following another weaker-than-expected earnings forecast from the streaming major, deepening doubts about its ability to sustain growth momentum.While the company has gone beyond its traditional subscription-driven model, ...
3 hours ago
UOB brings 63 children of UOB Privilege Banking clients to three-day leadership programme with SMU
The Edge Singapore - United Overseas Bank (UOB) has conducted a three-day leadership programme for 63 children of UOB Privilege Banking clients aged 18 to 25. The programme, held from July 14 to 16, was done in partnership with the Singapore Management University (SMU) Business Families Institute and Steward Leadership ...
4 hours ago
Global IPO proceeds jump 210% in 1H2026 even as deal volumes slip: EY
Lynnette Tania Lee - Global initial public offering (IPO) activity pulled in two directions in the first half of 2026. Fewer companies went public, yet those that did raised far more money, as a clutch of mega-listings lifted proceeds even while deal counts fell. A total of 509 companies raised US$193.6 billion ($249.4 ...
4 hours ago
Chief Justice Sundaresh Menon to retire in February 2027, to be succeeded by Justice Sushil Nair
Chief Justice Menon has led the Singapore judiciary through significant transformation, says the Prime Minister’s Office
4 hours ago
Chief Justice Sundaresh Menon to retire in Feb 2027, to be succeeded by Justice Sushil Nair
Chief Justice Menon has previously served as deputy chief executive of Drew & Napier
4 hours ago
Japan's Nikkei slides into correction zone on tech selloff, Middle East conflict
[TOKYO] Japan’s Nikkei tumbled into correction territory on Friday (Jul 17), as a global rout in chipmakers and an escalation in the...
4 hours ago
AI-fuelled electronics to keep Singapore exports resilient, but growth becoming increasingly concentrated
Low Youjin - The gap between electronics and non-electronics exports widens further in June
4 hours ago
Philippine bourse seeks to boost retail trading with new reforms
The aim is to attract retail investors away from online gambling and cryptocurrency trading
4 hours ago
Hitachi Energy signs deal to develop electrical infrastructure for Eve's 'flying car'
SAO PAULO, July 17 : Hitachi Energy and Eve have formed a partnership to jointly develop the power infrastructure needed for Eve's "flying car," or electric vertical takeoff and landing (eVTOL) vehicle, the companies said on Friday.• Under the memorandum of understanding, Eve and th ...
4 hours ago
Asia-Pacific airlines’ 2025 revenues climb 4.3% to US$223.7 billion on travel surge
Shikhar Gupta - Combined net profits hit US$12.1 billion, but rising fuel prices cloud the outlook for carriers
4 hours ago
Volvo Cars scraps sales-growth target due to slump in China
[STOCKHOLM] Volvo Cars scrapped its target of selling more cars this year due to a sharper-than-expected deterioration in China which cut into...
4 hours ago
Volvo Car scraps sales-growth target due to slump in China
[STOCKHOLM] Volvo Car scrapped its target of selling more cars this year due to a sharper-than-expected deterioration in China which cut into...
5 hours ago
EQT raises Kakaku.com offer price to 3,450 yen, topping rival bid
TOKYO, July 17 : European fund EQT on Friday raised its offer for Japanese website operator Kakaku.com to 3,450 yen ($21.25) per share from 3,000 yen, topping a rival offer from a consortium comprising SoftBank subsidiary LY Corp and Bain Capital.The new price values Kakaku.com at about 682 billion ...
5 hours ago
ComfortDelGro's loss of latest bus package 'immaterial' to earnings: DBS
The Edge Singapore - Chee Zheng Feng of DBS Group Research has kept his "hold" call and $1.30 target price on ComfortDelGro after it lost another bus package. According to the Land Transport Authority (LTA), it has awarded the Serangoon-Eunos Bus Package, now held by ComfortDelGro's subsidiary SBS Transit ...
5 hours ago
China's Moonshot AI chases 'DeepSeek moment' with much-hyped model
Kimi K3 drew excitement from industry insiders, with some evoking a 2025 release from China's DeepSeek that shook assumptions of US dominance in AI.
5 hours ago
Japan PM vows to pursue steps to encourage domestic investment by GPIF
TOKYO, July 17 : Japanese Prime Minister Sanae Takaichi said on Friday the government will pursue steps that encourage investment in domestic financial assets by households and state pension funds including Government Pension Investment Fund (GPIF)."Under its asset management guidelines, GPIF h ...
5 hours ago
Financial astrology: Is the STI really hoping for Spain to win the World Cup?
Shikhar Gupta - Since 1990, a European winner sees the index rise 8.7%, while a South American winner sees it fall 5.7%
5 hours ago
Japan's ruling party warns about suspected collusion between activist investors and private equity
TOKYO, July 17 : Japan's ruling party raised concerns on Friday over suspected collusion between activist investors and buyout funds in take-private deals, warning that such arrangements could undermine fairness in capital markets.In draft policy proposals, the Liberal Democratic Party's p ...
6 hours ago
Laos wants more control of its gold – by building the bullion market it never had
Goh Ruoxue - The focus now is on how the country’s moves to reclaim value from its reserves of the metal will pan out
6 hours ago
Network School founder says immigration probe at tech commune is a risk to Malaysia's tech ambitions
KUALA LUMPUR, July 17 : U.S. investor Balaji Srinivasan said an immigration check at a "digital nomad" community in Malaysia based on anonymous social media claims of law violations that proved unfounded could be a risk to Malaysia's plans to be a global tech hub.On Wednesday, the Imm ...
6 hours ago
Shein secures nod from Hong Kong listing committee for IPO, sources say
HONG KONG, July 17 : Shein has won approval from the Hong Kong stock exchange listing committee for an IPO, three people with knowledge of the matter said on Friday, bringing the fast-fashion retailer closer to its much-awaited stock market debut in the Asian financial hub.The IPO would be one of Ho ...
6 hours ago
India’s SBI Funds Management attracts US$31 billion in bids in country’s fourth-most-subscribed IPO
India’s largest asset manager oversees funds worth US$131 billion as of March 2026
6 hours ago
India’s SBI Funds Management attracts US$31 billion in bids in country’s 4th most subscribed IPO
The country’s largest asset manager oversees funds worth 12.5 trillion rupees as at March 2026
6 hours ago
Agencies representing listcos can reduce ‘traffic jams’
Jovi Ho - An experiment conducted in 2008 by Japanese researchers set out to understand what causes traffic jams. After spacing 22 cars evenly around a circular track, drivers were requested to maintain a constant speed. But tiny human errors — looking in the rear-view mirror, correcting to stay within lane ...
7 hours ago
The STI needs to be greater than the sum of its parts
Kwan Wei Kevin Tan - At what point does it make more sense to buy an index’s constituents instead of an exchange-traded fund that tracks the index itself? That’s the question on the minds of most Asia-focused investors these days. On July 14, the Straits Times Index (STI) hit an all-time high of 5,495 points. That r ...
7 hours ago
Trek 2000 puts legacy issues behind just as AI opportunities emerge
Teo Zheng Long - Homegrown technology company Trek 2000 International (SGX: 5AB ) was best known for developing the ThumbDrive, one of the earliest USB flash drives, in the early 2000s. At a time when floppy disks were still the default storage medium, the ThumbDrive’s larger storage capacity and user-friendliness ...