11 hours ago
China’s rare earths curbs extend pressure on supply to Japan
The export curbs have disrupted the availability of some magnets
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
14 hours ago
China tightens indium export checks as AI demand increases
The restrictions have become enough of a hurdle for next-generation data centres
15 hours ago
Abu Dhabi’s MGX weighs multi-billion deal for Singapore-based data centre operator DayOne: sources
The firm has invested in some of the largest AI companies globally
17 hours ago
Starbucks cuts London, Hong Kong office jobs in restructuring effort
The company has said that it wants to double its international store count to about 40,000
18 hours ago
Asia’s AI hardware bet has a financing problem
The region can build AI data centres, but the tougher question is how to pay for the GPUs inside them
18 hours ago
The great misreading of China: Why exports are a consequence, not a strategy
Tong Kooi Ong + Asia Analytica - In our two earlier pieces titled “Two reports, two interpretations of China” and “The political economy of modern capitalism” (The Edge, June 1, 2026), we argued that many observers are looking at the same China but arriving at fundamentally different conclusions. The first article examined ...
18 hours ago
The builders and the beneficiaries: from Global Crossing to AI
Tong Kooi Ong + Asia Analytica - When recalling the dotcom boom, people tend to think of the era’s speculative excesses: day traders flipping hot internet stocks; and smart (but ever-so-reckless) money bankrolling anything with a “.com” suffix — from toy stores to pet retailers. But there was another kind of excess, too — ...
18 hours ago
European stocks tick lower as mining losses weigh
Equities in Europe have been under pressure since the war began due to the inflationary impact of surging oil prices
21 hours ago
Exclusive-Canadian lender TD tells some employees it will use software to monitor their work
TORONTO, June 19 : Toronto-Dominion Bank told some employees working in its financial crimes and risk management team that it would run software to track their work, prompting questions around consent and privacy in the workplace as the Canadian lender tries to increase productivity, according to a ...
21 hours ago
US scientist John Jumper to leave Google DeepMind for Anthropic
June 19 : Senior research scientist John Jumper said on Friday he would leave Google DeepMind to join AI startup Anthropic, the latest high-profile departure at the Big Tech giant's AI research and development division. Jumper, who won a Nobel prize alongside Google's Demis Hassabis in 202 ...
22 hours ago
Trump tells Axios he no longer views Anthropic as national security threat
June 19 : U.S. President Donald Trump said he might have viewed artificial intelligence company Anthropic as a national security threat last week, but he no longer does, according to an interview with "The Axios Show" published on Friday.Senior Anthropic technical staff were scheduled to m ...
1 day ago
Oil shipments rise in Hormuz although questions grow over Iran’s transit terms
Ships resumed broadcasting positions as they transited the strait
1 day ago
Brent falls as Israel, Hizbollah agree to ceasefire
At US$79 a barrel by 1303 GMT, it is down US$0.85 or 1.1%
1 day ago
Brazil's Lula signs decree to freeze illegal betting platform funds
BRASILIA/SAO PAULO, June 19 : Brazilian President Luiz Inacio Lula da Silva has signed a decree allowing the government to freeze funds from companies operating illegal online betting platforms, with the money to be directed to public security actions, he said in a social media post on Friday.• In ...
1 day ago
STI appears set for 5,740 as firmer interest rates stymie REIT index
Goola Warden - At new Fed Chair Kevin Warsh's first Federal Open Market Committee (FOMC) meeting on June 16-17, the Federal Reserve’s Fed Funds Target Rate (FFTR) remained at 3.50%–3.75% as widely expected, with a unanimous vote (12-0). However, the dot plot pointed to nine officials penciling in at least ...
1 day ago
Ambani’s Jio Platforms files for long-awaited India IPO
The IPO could raise more than US$4 billion
1 day ago
Crude oil ‘caught up in cautious enthusiasm’ over US-Iran peace deal, but analysts don’t expect further price easing soon
Benicia Tan - Markets are pricing in a normalisation in Hormuz flows, but observers say the process could take around six months
1 day ago
BMW preparing talks with employee representatives after slashing profit outlook
It’s working on viable solutions – through dialogue and with a sense of responsibility toward employees
1 day ago
India’s long-delayed NSE IPO sets up US$2.6 billion windfall for top investors
The listing is a pure offer-for-sale, with existing shareholders offering to sell about 6% of the exchange’s equity
1 day ago
France mobilises €13 billion for tech sovereignty funding push
PARIS, June 19 : France has mobilised €13 billion ($14.89 billion) in additional institutional investor funding under the third phase of its Tibi initiative to finance French and European technology companies, the finance ministry said on Friday.The new phase aims to bring the envelope to €15 bi ...
1 day ago
Singapore’s competition watchdog unveils new measures to speed up investigation resolution
Shikhar Gupta - The guidelines allow a discount of up to 30% for firms resolving infringements under the Fast Track Procedure
1 day ago
Singapore shares end lower; STI down 0.4%
DFI Retail Group leads the gainers on the blue-chip index, rising 4.2% or US$0.15 to end at US$3.68
1 day ago
Investors see Micron earnings as pulse check of AI rally momentum
NEW YORK, June 19 : Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology earnings will check the pulse of chip demand to see if it is still accelerating.Despite a sharp mid-week selloff, major U.S. ...
1 day ago
Online brokerage Longbridge opens Singapore office at Asia Square Tower 2
Shikhar Gupta - A second facility, named Longbridge Cafe, is set to open in Q4 2026
1 day ago
AI-generated ads should be exempt from EU transparency rules, retail association says
LONDON, June 19 : Eurocommerce, the European retail association whose members include Amazon, H&M, Inditex, and Ikea, is asking EU tech chief Henna Virkkunen to exempt AI-generated advertisements from the bloc's new regulation requiring disclosure of AI use.The European Union AI Act, which ...
1 day ago
Mapletree CFO Wendy Koh appointed as Temasek’s new CFO
Janice Lim - She assumes the role fully on Oct 1; at Mapletree, Wong Mun Hoong will step into her vacated post
1 day ago
Japan utilities welcome nuclear replacement targets, seek stronger policy support
TOKYO, June 19 : Japan's power industry welcomed the government's roadmap for the future replacement of nuclear reactors as a key step towards securing the workforce and supply chains needed to sustain the sector, but its top lobbyist on Friday called for greater policy support to encourag ...
1 day ago
Stanchart overweights US equities despite no rate cut in 2026, expects S&P 500 to reach 7,950 by mid-2027
Lin Daoyi - In its 2H2026 investment outlook issued on June 19, Standard Chartered’s chief investment office is sanguine about the US stock market despite forecasting the US Federal Reserve Funds interest rate to remain steady, ranging between 3.5%-3.75% for the rest of 2026, with a 25 bps decrease only comin ...
1 day ago
Stanchart likes US equities despite no rate cut in 2026, expects S&P 500 to reach 7,950 by mid-2027
Lin Daoyi - In its 2H2026 investment outlook issued on June 19, Standard Chartered’s chief investment office is sanguine about the US stock market despite forecasting the US interest rate to remain steady for the rest of 2026, with a 25 bps decrease only coming in the first half of 2027. The bank has a target ...
1 day ago
Amazon points to water conservation steps in India amid data centre scrutiny
MUMBAI, June 19 : Amazon said on Friday its Indian operations had reached a major milestone in water conservation, at a time when global tech giants face increasing pressure over their expansion of resource-hungry AI data centres.The U.S.-based company announced it had turned "water positive&qu ...
1 day ago
Deep-sea denizens go years without food with clever biological fix
June 19 : A pill bug dwelling under a garden pot curls its body into a tiny armored ball as self-defense. Far below the ocean surface, some of its much larger relatives face a harder problem: how to stay alive when the next meal may not come for years.Those creatures are called deep-sea isopods, a g ...
1 day ago
BOE unveils doomsday scenario for private markets stress test
46 firms have agreed to take part
1 day ago
Nikkei posts sharpest weekly gain in nearly two years on AI shares rally
It posted a 7.9 per cent rise for the week, its sharpest weekly gain since August 2024
1 day ago
Bank of Japan governor to resume work next week after early discharge
The central bank has made it clear that it plans to keep raising the policy rate in response to economy, inflation and...