Business Headlines & Singapore Stock Market News

7 hours ago

Netflix's Warner Bros acquisition sparks backlash

WASHINGTON: Netflix faced fierce criticism on Friday (Dec 5) over its blockbuster deal to acquire Warner Bros, the storied Hollywood studio.The streaming giant is already viewe

9 hours ago

Meta delays release of Phoenix mixed-reality glasses to 2027, Business Insider reports

[Bengaluru] Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to get the details right, Business Insider reported...

13 hours ago

Vietnam November exports down 7.1% from October

HANOI, Dec 6 : Vietnam's exports in November fell 7.1 per cent from October to $39.07 billion, government data showed on Saturday.Imports in the month fell 3.7 per cent from the previous month to $37.98 billion, translating into a trade surplus of $1.09 billion, the National Statistics Office s ...

13 hours ago

Vietnam's trade surplus with US hits record as exports surge despite tariffs

Exports to the US rose year-on-year by 22.5 per cent in November, outpacing shipments to the rest of the world.

13 hours ago

Millennium, Jane Street show Hong Kong’s lure for key IPO investors

[HONG KONG] The blistering rebound in Hong Kong listings this year has lured a wave of big names into the role of...

14 hours ago

SoftBank in talks to buy data-centre investor DigitalBridge

[TOKYO] SoftBank is in talks to acquire DigitalBridge Group, a private equity firm that invests in assets such as data centres, as...

14 hours ago

Exclusive-How Netflix won Hollywood's biggest prize, Warner Bros Discovery

LOS ANGELES/NEW YORK, Dec 5 : What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment business landscape, people with direct knowledge of the deal told Reuters.Netflix announced on Fri ...

14 hours ago

How Netflix won Hollywood's biggest prize, Warner Bros Discovery

LOS ANGELES: What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment business landscape, people with direct knowledge of the deal told Reuters.Netflix announced on Friday (Dec 5) it ha ...

15 hours ago

Hollywood unions alarmed by Netflix's $72 billion Warner Bros deal

Dec 5 : Hollywood unions and theater owners on Friday sounded the alarm over Netflix's proposed $72 billion takeover of Warner Bros Discovery, warning the deal would cut jobs, concentrate power and reduce theatrical movie releases if the deal passes regulatory review.The deal would place the st ...

15 hours ago

We said it ... but Singapore did it

Tong Kooi Ong + Asia Analytica - Remember the public outrage when insurance companies hiked premiums by between 40% and 70% in late 2024? It sparked a nationwide debate of why and who is to blame and, more importantly, suggestions on what can be done to minimise healthcare costs escalation that will result in similar steep hikes in ...

15 hours ago

Outlook for the ringgit: Between structural drag and cyclical relief

Tong Kooi Ong + Asia Analytica - Last week, we showed that external factors were the reasons for the surge in the ringgit in the last year, and especially during the recent three months. With Bank Negara Malaysia (Bank Negara) unlikely to cut its policy rates in the near term, while the US Federal Reserve was widely anticipated to ...

15 hours ago

Warner CEO Zaslav poised to become billionaire from Netflix deal

[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more...

15 hours ago

Meta buys AI wearables startup Limitless

[NEW YORK] Meta on Friday (Dec 5) confirmed it is buying Limitless, a US startup that makes a wearable pendant that records...

16 hours ago

Far East Hospitality’s Arthur Kiong looks back on 4 decades in the hotel industry

Jessie Lim - He says the sector has provided him with more opportunities than he dared to dream of

17 hours ago

US: Wall St closes with slight gains as data keeps Fed cut expectations on track

[NEW YORK] US stocks closed out the trading week with slight gains on Friday (Dec 5) as the latest flurry of economic...

17 hours ago

Commentary: The US may be running the wrong AI race

China’s favouring of small and cheap models such as DeepSeek could prove to be the better bet, says John Thornhill for Financial Times.

17 hours ago

Oil climbs to 2-week high on Fed rate-cut signals, supply concerns

[NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the...

17 hours ago

Europe: Shares clock weekly gains on ongoing Fed cut optimism

[BENGALURU] European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed...

18 hours ago

US lawmakers press Google, Apple to remove apps tracking immigration agents

Dec 5 : The House Committee on Homeland Security has asked Google and Apple to detail what steps they are taking to remove mobile applications that allow users to track federal immigration officers.In letters sent on Friday to Google CEO Sundar Pichai and Apple head Tim Cook, committee leaders singl ...

20 hours ago

Meta acquires AI-wearables startup Limitless

Dec 5 : Meta has acquired AI-wearables startup Limitless, maker of a pendant-style device that records and transcribes real-world conversations, as the social media giant doubles down on efforts to build AI-enabled consumer hardware."Meta recently announced a new vision to bring personal superi ...

21 hours ago

SoftBank in talks to buy digital infra firm DigitalBridge, source says

Dec 5 : SoftBank is in talks to acquire digital infrastructure firm DigitalBridge, a source familiar with the matter told Reuters on Friday, as the Japanese conglomerate seeks to tap the firm's AI-linked portfolio.The deal could be struck by the end of the year, the source said. DigitalBridge a ...

23 hours ago

Instant view: Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion

Dec 5 : Netflix has agreed to buy Warner Bros Discovery's TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer.Buying the owner of marquee franchises, including "Game of Thr ...

23 hours ago

Singapore Paincare privatisation bid fails as offeror fails to meet conditions by deadline

Elysia Tan - The counter will resume trading on Dec 8

23 hours ago

Apple sends new round of cyberthreat notifications to users in 84 countries

The company is regularly warning users who may have been targeted by state hackers

23 hours ago

Netflix-Warner Bros deal faces political pushback even as company touts benefits

Dec 5 : Netflix pitched its $72 billion acquisition of Warner Bros Discovery's studios and streaming division as aligned with the priorities of President Donald Trump's competition enforcers on Friday, but intense antitrust scrutiny is all but guaranteed amid bipartisan criticism.Netflix ...

23 hours ago

Opposition to Netflix-Warner Bros deal crosses political party lines

Dec 5 : U.S. Senator Elizabeth Warren called Netflix's $72 billion acquisition of Warner Bros Discovery's studios and streaming division an antitrust "nightmare" that would harm workers and consumers, ramping up bipartisan criticism of the entertainment megadeal on Friday. Netfl ...

23 hours ago

Netflix-Warner Bros deal faces antitrust pushback even as company touts benefits

23 hours ago

Senator Elizabeth Warren calls Netflix-Warner Bros deal an antitrust 'nightmare'

23 hours ago

Analysis:Europe forges ahead with Big Tech crackdown with X fine, defying Trump

BRUSSELS, Dec 5 : Europe is forging ahead with its crackdown on Big Tech, levying fines on Alphabet's Google and Elon Musk's X and opening new investigations, asserting its sovereign right to enforce its laws in defiance of U.S. President Donald Trump.Three months after hitting Google with ...

1 day ago

Wall Street subdued at open as investors await key inflation report

[NEW YORK] Wall Street’s main indexes had a subdued open on Friday (Dec 5) as investors avoided large bets and awaited a...

1 day ago

US official denounces EU's fine of Musk's X, says Europe is taxing Americans

(Refiles to add story identifier for some readers, no change to content of story)WASHINGTON, Dec 5 : The chairman of the U.S. Federal Communications Commission denounced the EU's fine of Elon Musk's social media company X on Friday for breaching EU online content rules."Once again, Eu ...

1 day ago

SoftBank’s Arm plans to set up chip training facility in South Korea

It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments

1 day ago

Ikea to ramp up US production as tariffs bite

The push for local production aims to support its expansion in the US, its second-biggest market, and the wider region

1 day ago

New York Times sues Perplexity AI for infringing copyright works

Dec 5 : The New York Times sued Perplexity AI on Friday, accusing the artificial intelligence startup of unlawfully copying, distributing and displaying millions of its articles without permission to help train chatbots.Perplexity did not immediately respond to a Reuters request for comment.

Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers