27 minutes ago
More investment opportunities in private markets from banks in Singapore as demand soars
Benjamin Cher - Some have beefed up their offerings to include European private credit, hedge funds and private equity products
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 hours ago
Tickrs initiates coverage on PC Partners with ‘buy’ and $2.20 TP, FY2025 profit to ‘surge’ 72%
Douglas Toh - Analyst Jaimes Chao of Tickrs Financial has initiated coverage on PC Partner with a “buy” rating and target price of $2.20. He writes in his Feb 6 report: “Our target is derived from a blended valuation of 11 times FY2025 price-to-earnings ratio (P/E) and six times FY2025 enterprise value (EV) ...
2 hours ago
Tickrs initiates coverage on PC Partner with ‘buy’ call and $2.20 TP, FY2025 profit to ‘surge’ 72%
Douglas Toh - Analyst Jaimes Chao of Tickrs Financial has initiated coverage on Mainboard-listed PC Partner with a “buy” rating and target price of $2.20. He writes in his Feb 6 report: “Our target is derived from a blended valuation of 11 times FY2025 price-to-earnings ratio (P/E) and six times FY2025 ente ...
3 hours ago
Value investor Silchester lifts ComfortDelGro stake above 6%
[SINGAPORE] For the five trading sessions spanning Jan 30 to Feb 5, institutions were net sellers of Singapore stocks, with net institutional...
3 hours ago
Healthcare S-Reits record mixed DPU performance, but deliver operational stability amid currency headwinds
[SINGAPORE] A total of 22 Singapore real estate investment trusts (S-Reits) have released their financial results or business updates for the periods...
7 hours ago
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
Rivalry highlights AI companies’ public spat and market competition
7 hours ago
Washington Post CEO Will Lewis announces departure, following mass layoffs
Unions criticise Lewis, call for Bezos to rescind layoffs
8 hours ago
Japan’s PM Takaichi aims for blizzard of votes in rare winter election
Record snow may hurt turnout, favouring organised voting blocs
8 hours ago
Japan votes in test for PM Takaichi as snow weighs on turnout
Record snow may hurt turnout, favouring organised voting blocs
8 hours ago
China’s cash-hungry tech firms rush to tap Hong Kong markets in next phase of Beijing’s AI ambitions
The surge in interest in AI software stocks has been reinforced by a parallel rally in AI hardware
11 hours ago
Dorsey’s Block cutting up to 10% of staff, Bloomberg News reports
Feb 7 : Jack Dorsey's fintech Block is considering cutting up to 10 per cent of its workforce during annual performance reviews, Bloomberg News reported on Saturday citing people familiar with the matter.Block didn’t immediately respond to a request for comment. Reuters could not immediately ...
11 hours ago
Commentary: Where is AI showing up in the productivity data?
Signs of AI's effects are already starting to peek through, says Soumaya Keynes for the Financial Times.
22 hours ago
Analysis:Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
NEW YORK, Feb 7 : Bitcoin could drop further after wiping out all of its price gains since the election of U.S. President Donald Trump as liquidity is expected to remain thin for the near future.Bitcoin's slump alongside other digital asset prices coincides with investor concerns about inflat ...
1 day ago
F&B scams in Singapore: More fake restaurant websites take bookings, online orders
[SINGAPORE] More scams have hit the F&B industry this festive season, putting several affected business operators on high alert to minimise damage.
1 day ago
Tesla executives say company is hiring to support Musk’s expanded solar strategy
[LOS ANGELES] Tesla is hiring to support founder Elon Musk’s recently announced plan to become the biggest US manufacturer of solar energy...
1 day ago
China central bank keeps buying gold as bull run hits brakes
[BEIJING] China’s central bank extended its gold-buying streak to 15 months, underscoring resilient official demand as bullion’s record-breaking rally was hit by...
1 day ago
China's central bank buys gold for 15th consecutive month
Gold, long seen as a safe-haven asset to hedge against political and economic risks, saw a wild run in a speculative buying spree in January that took it to a record near US$5,600 per ounce.
1 day ago
Investors look beyond US hedge funds for the first time since 2023: Barclays
[LONDON] Investor interest in US hedge funds is waning for the first time since 2023, with talk of a “Sell America” trade...
1 day ago
When skills beat degrees in an AI economy
Lindsay Wong - Hiring in Singapore has long revolved around paper qualifications despite efforts to make them less relevant. While nearly 80 per cent of the country’s job postings...
1 day ago
Crypto firm accidentally sends $44 billion in bitcoins to users
SEOUL, Feb 7 : South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange.Bithumb apologised for the mistake, which took place on Friday, and said ...
1 day ago
South Korean crypto firm accidentally sends US$44 billion in bitcoins to users
Bithumb had planned to distribute small cash rewards of 2,000 Korean won (US$1.37) to each user as part of a promotional event, but winners received at least 2,000 bitcoins each instead.
1 day ago
Anthropic’s more than $20 billion funding to close as soon as next week, Bloomberg News reports
Feb 6 : AI startup Anthropic is ironing out the final details on a funding round likely to raise more than $20 billion and slated to close as soon as next week, Bloomberg News reported on Friday, citing sources.Reuters could not immediately verify the report. The company did not immediately respond ...
1 day ago
My views on laws such as detention without trial have evolved: K Shanmugam at his book launch
[SINGAPORE] As a young backbencher Member of Parliament, K Shanmugam had raised concerns about Singapore’s laws on detention without trial.
1 day ago
Oil prices climb on worries of possible Iran-US conflict
[HOUSTON] Oil prices settled higher on Friday (Feb 6), reversing earlier losses as traders worried that this week’s talks between the US...
1 day ago
Europe: Stoxx 600 rebounds in broad based gains; Stellantis plunge drags auto stocks
[BENGALURU] Europe’s benchmark share index rose on Friday (Feb 6) in a largely broad-based rebound from the prior session’s losses, as investors...
1 day ago
US: Dow closes above 50,000, Nvidia soars as traders focus on AI spending
[SAN FRANCISCO] The Dow Jones Industrial Average blew past the historic 50,000 mark on Friday (Feb 6) and the S&P 500 ended...
1 day ago
Markets rise when merit is recognised
Tong Kooi Ong + Asia Analytica - The Securities Commission Malaysia is slated to unveil the Capital Market Masterplan 4 this year. The CMP4 will set out the road map for the Malaysian capital market over the next 20 years, with the initial five-year action plan covering 2026 to 2030. It is expected that initiatives and rule changes ...
1 day ago
Base MHIT plan by Bank Negara Malaysia — a step in the right direction
Tong Kooi Ong + Asia Analytica - Last month, Bank Negara Malaysia released a White Paper on the proposed Base MHIT (Medical and Health Insurance/Takaful) Plan as part of the RESET strategy. RESET is a private healthcare reform framework led by the Ministry of Finance (MoF), Ministry of Health (MoH) and Bank Negara to tackle rising ...
1 day ago
The best investment in your 20s isn’t your portfolio
Why early retirement advice misses what actually compounds
1 day ago
Palmer Luckey-backed Erebor receives US national banking charter, WSJ reports
Feb 6 : Crypto-focused Erebor Bank became the first bank to receive a national bank charter during the second term of the Trump administration, the Wall Street Journal reported on Friday.The approval allows the Palmer Luckey-backed entity to operate as a bank nationwide, and occurred less than eight ...
1 day ago
NFL to talk with partners outside of core media for live games, CNBC reports
Feb 6 : The National Football League plans to hold discussions with non-traditional media outlets about the possible sale of rights to a live game, its media chief Hans Schroeder told CNBC Sport on Friday."We have other people that are both partners in a smaller sense — maybe not a full packa ...
1 day ago
Bitcoin rallies, tops $70,000 as risk assets stabilize
NEW YORK/LONDON, Feb 6 : Bitcoin climbed back above $70,000 on Friday, after sinking to a 16‑month low earlier, lifted by a sharp rebound in technology shares and precious metals following a global rout that had hammered a broad swathe of risk assets.The world's largest cryptocurrency was las ...
1 day ago
Commentary: There are good reasons to be cheerful about global trade
US President Donald Trump’s tariff campaign hasn’t yet derailed the global trade system, which has shown enough flexibility to adapt, says the Financial Times’ Alan Beattie.
2 days ago
Dollar heads for weekly rise, yen slumps ahead of Japan's election
NEW YORK, Feb 6 : The dollar slipped from two-week highs on Friday, returning some safe-haven gains as risk assets rebounded from a deep rout driven by concerns over a surge in AI-related spending this year.Even so, the buck remained on track for a weekly rise and trimmed earlier losses against th ...