33 minutes ago
Stocks to watch: SIA, SGX, YZJ Shipbuilding, CDL, YZJ Financial, StarHub, Coliwoo
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 18):
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
33 minutes ago
Japan finance minister says 'alarmed' over yen's volatility
TOKYO :Japanese Finance Minister Satsuki Katayama on Tuesday expressed concern over recent foreign exchange movements, as the yen sank to fresh nine-month lows versus the dollar."As we have recently been seeing one-sided, rapid moves in the foreign exchange market, we have been alarmed," K ...
37 minutes ago
"Baby Shark" maker Pinkfong shares soar in South Korean market debut after IPO
SEOUL :Shares in South Korea's The Pinkfong Company, maker of popular children's song "Baby Shark," traded as high as 61,500 won per share on Tuesday after its market debut, more than 60 per cent above its initial public offering price of 38,000 won per share. The "Baby Sha ...
39 minutes ago
Arm to offer Nvidia’s NVLink technology in AI data centre chips
[SAN FRANCISCO] Arm Holdings plans to start incorporating Nvidia’s NVLink technology into chip designs for artificial intelligence (AI) data centres, tightening the...
58 minutes ago
US airlines may see weaker holiday traffic amid shutdown fallout
Bookings for Christmas travel are also below expectations
1 hour ago
World’s top aluminium producer adds markups as Trump tariffs drive up consumer costs
The US relies heavily on foreign aluminium supplies as it does not have the capacity to produce enough to meet demand
1 hour ago
Wall Street regulator drops emphasis on crypto sector exams for 2026
WASHINGTON :The U.S. Securities and Exchange Commission on Monday dropped its emphasis on the oversight of companies offering crypto asset-related services as part of its priorities for examining Wall Street firms for the current fiscal year, according to an annual statement published by the agency. ...
2 hours ago
China raised gold reserves by 15 tonnes in September, Goldman says
The bank still sees the precious metal prices reaching US$4,900 an ounce by the end of next year
2 hours ago
Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone
Archer Aviation said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group.The agreement marks Archer's first third-party application of its powertrain, currently used ...
2 hours ago
Is China winning the competition with the US in South-east Asia?
As Asean navigates great power rivalry, the bloc’s nations may well favour Beijing’s comprehensive approach
2 hours ago
Google asks court to dismiss conservative influencer's AI defamation lawsuit
Google on Monday asked a Delaware state court to dismiss conservative influencer Robby Starbuck's allegations that its artificial intelligence systems defamed him by falsely calling him epithets including a "child rapist," "serial sexual abuser" and "shooter."The t ...
2 hours ago
UN Security Council adopts US resolution on Trump’s Gaza plan
The US president’s 20-point plan is included as an annexe to the resolution
2 hours ago
China buys at least 14 cargoes of US soybeans for Dec-Jan shipment, traders say
[CHICAGO] China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons,...
2 hours ago
Australia’s TPG Telecom says customer died after failed emergency call due to ‘outdated Samsung software’
AUSTRALIA’S TPG Telecom said on Tuesday a customer died after failing to make emergency triple zero (”000”) calls on the company’s network...
2 hours ago
Australia’s TPG Telecom says customer died after failed emergency call due to outdated software
AUSTRALIA’S TPG Telecom said on Tuesday a customer died after failing to make emergency triple zero (”000”) calls on the company’s network...
3 hours ago
Amazon founder Bezos returns to CEO role with AI startup
[LOS ANGELES] Amazon founder Jeff Bezos is returning to an operational leadership role for the first time in four years, taking the...
3 hours ago
Deutsche Bank joins Barclays, Apollo targeting energy transition deals
Transition is supposed to convey the notion of transforming an asset to green from brown
3 hours ago
US Fed official backs further rate cut due to weak job market
A KEY Federal Reserve official said Monday that he supports a third consecutive interest rate cut by the US central bank in...
3 hours ago
Australia's TPG Telecom says customer died after failed emergency call due to outdated software
Australia's TPG Telecom said on Tuesday a customer died after failing to make emergency triple zero ("000") calls on the company's network from a Samsung device that was operating out-of-date software.At the time of the attempted contact to the triple zero service, TPG's mob ...
3 hours ago
Wall Street ends sharply lower, Treasury yields slip as investors eye Nvidia results
NEW YORK: US stocks extended their selloff and benchmark Treasury yields inched lower as investors embarked on a week of accelerated economic data releases in the aftermath of the longest government sh
3 hours ago
Wall Street indexes end lower; investors brace for jobs data, Nvidia results
NEW YORK: US stocks ended sharply lower on Monday (Nov 17), with the S&P 500 and the Nasdaq closing below a key technical indicator for the first time since late April as investors braced for quarterly results from retailers and chip giant Nvidia and awaited a long-delayed US jobs report this we ...
3 hours ago
Europe: Shares slip as caution prevails ahead of critical US data
EUROPEAN shares slipped on Monday, as investors avoided big bets ahead of a long-awaited jobs report from the US that could offer...
3 hours ago
US: Wall Street indexes fall sharply; investors brace for jobs data, Nvidia results
[NEW YORK] US stocks ended down sharply on Monday, with the S&P 500 and Nasdaq closing below a key technical indicator for the first...
3 hours ago
Oil prices ease after loadings resume at Russian export hub
[HOUSTON] Oil prices eased on Monday as loadings resumed at Russia’s Novorossiysk export hub after a two-day suspension at the Black Sea port...
4 hours ago
Fidelity sues Broadcom over access to key software to avoid outages
BOSTON :A subsidiary of Fidelity Investments has filed a lawsuit accusing technology company Broadcom of threatening to cut off its access to key software that has become central to the financial firm's systems, creating the risk of "massive outages" and trading disruptions unless a j ...
5 hours ago
Figurine of a woman and a goose offers peek at prehistoric beliefs
A clay figurine about 12,000 years old that was unearthed at the site of a prehistoric village overlooking the Sea of Galilee in northern Israel depicts a woman and a goose in what may be one of the world's oldest renderings of a mythological scene.Researchers said the figurine, about 1.5 inche ...
7 hours ago
BofA says AI is boosting bankers' productivity, revenue
NEW YORK :Bank of America plans to spend billions of dollars on technologies such as artificial intelligence to boost bankers' productivity and bring in more revenue, its chief technology and information officer said on Monday.BofA plans to allocate $4 billion into new technology capabilities f ...
7 hours ago
Exclusive-Indonesia coal power phase-out plan at risk due to stalled international funding
BELEM, Brazil :Indonesia's plan to retire 6.7 gigawatts of coal-fired power plant capacity by 2030 to fight climate change is at risk of failure due to stalled disbursal of funding from rich countries, the country's top official overseeing the program told Reuters.A coalition of 10 donor n ...
8 hours ago
Singapore Exchange to launch bitcoin and ether perpetual futures
The Singapore Exchange (SGX) derivatives arm said it would launch bitcoin and ether cryptocurrency perpetual futures trading from Nov 24.
9 hours ago
Exclusive-Weinstein's Saba sells credit derivatives on Big Tech as AI risks grow, source says
LONDON :Boaz Weinstein's Saba Capital Management has sold credit derivatives in recent months to lenders seeking protection on big tech names like Oracle and Microsoft due to concerns over a debt-financed AI investment frenzy, a source told Reuters. Banks have sought to shield their exposure to ...
9 hours ago
Yamada Green acquires land and 12-unit freehold building in Osaka for JPY208 mil
Felicia Tan - Yamada Green Resources has acquired a three-storey building and the land that it sits on for JPY208 million ($1.7 million). A sale and purchase agreement (SPA) was entered into on Nov 17 between the company’s Japanese wholly-owned subsidiary and the seller. The building sits on freehold land measu ...
9 hours ago
Dollar firms as traders await return of US data
NEW YORK/LONDON :The dollar edged higher against the euro and the yen on Monday as traders exercised caution ahead of what could be a busy week with the long-awaited return of U.S. economic data.Market reaction to U.S. President Donald Trump's tariff U-turn on more than 200 food products was mu ...
9 hours ago
Dollar strengthens as traders await return of US data
NEW YORK :The dollar strengthened against the euro and the yen on Monday as traders exercised caution ahead of what could be a busy week with the long-awaited return of U.S. economic data.Market reaction to U.S. President Donald Trump's tariff U-turn on more than 200 food products was muted, w ...
9 hours ago
Magnetic fossils may reveal ancient creature's internal 'GPS system'
Microscopic magnetic fossils found in North Atlantic seafloor sediments may represent components of an internal "GPS system" for an ancient marine creature that used Earth's magnetic field to navigate long distances, according to scientists.The researchers said the fossils - about 50 ...