Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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9 hours ago
After CEO's dramatic exit, Infosys faces recruitment headache
tdyadmin - 33 min 25 sec agoMUMBAI/BENGALURU - The dramatic departure of Vishal Sikka as chief executive of Infos
9 hours ago
Apps to help boost your savings and invest better
Importer - Richard Hartung17 min 13 sec agoApps can definitely make life easier.
12 hours ago
India's central bank governor says state banks need more capital
[MUMBAI] State-run banks will need a bigger recapitalisation to resolve bad loan problems weighing on their balance sheets, the Reserve Bank of India Governor Urjit Patel said on Saturday.
12 hours ago
UK second home ownership jumps as generational split hardens
[LONDON] One in 10 adults in the UK owns multiple houses, underscoring a growing generational divide in the nation's property market.
12 hours ago
India's Infosys approves up to US$2 billion buyback of shares
Cai Haoxiang - MUMBAI: The board of India's second biggest IT firm, Infosys Ltd , on Saturday approved a share buyback program of up to 130 billion rupees (US$2.03 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company's founders. The Bengaluru-headquartered ...
12 hours ago
India's Infosys approves up to $2 billion buyback of shares
tdyadmin - 27 min 33 sec agoMUMBAI - The board of India's second biggest IT firm, Infosys Ltd <INFY.N
12 hours ago
Wind energy blows up storm of controversy in Mexico
[LA VENTOSA, Mexico] Cain Lopez looks tiny standing near the seven enormous wind turbines that tower over his farm in the Mexican village of La Ventosa.
12 hours ago
AI revolution will be all about humans, says Siri trailblazer
[HONG KONG] It's 2050 and the world revolves around you.
13 hours ago
South Korean arrested for duping Thais into sex trade
[BANGKOK] A South Korean man accused of duping over 20 Thai women into forced prostitution in his home country has been arrested in Bangkok, an officer said Saturday.
14 hours ago
Chinese scam suspects took over 11-storey block in Cambodia
[PHNOM PENH] No sooner had the 11-storey apartment building in Phnom Penh's affluent Tuol Kouk district been finished than dozens of young Chinese men and women moved in loaded with desks and laptops, said neighbours. "I thought they were moving an office in," said Eng Somnang, 20, w ...
15 hours ago
Taiwan upgrades 2017 economic growth forecast on solid trade
[TAIPEI] Taiwan upgraded itsĀ economic growth forecast for this year and signaled confidence for 2018, as a strong exports outlook lifts momentum.
16 hours ago
Chinese crime writer arrested for murders 22 years ago
[BEIJING] Life may be stranger than fiction for an award-winning Chinese crime writer who has been arrested in connection with a quadruple-homicide that took place more than two decades ago.
17 hours ago
Trump mulls new US strategy in Afghanistan
[HAGERSTOWN, United States] US President Donald Trump assembled his national security team at the Camp David presidential retreat Friday to forge a way ahead in Afghanistan, almost 16 years after the war began.
17 hours ago
NuTonomy eyes launch of paid Singapore self-driving car rides by Q2 next year
Peter Henderson - In southeast Asia, it has partnered ride services firm Grab for the pilot. The post NuTonomy eyes launch of paid Singapore self-driving car rides by Q2 next year appeared first on DealStreetAsia.
18 hours ago
Shift from non-GAAP bottom lines could be good for stock prices
Cai Haoxiang - Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years.
18 hours ago
House destroyed in gas blast holds clues to Barcelona attack
[ALCANAR, Spain] It looks like the site of an earthquake - a heap of rubble and tangled wreckage that marks the spot where a two-storey home was destroyed by a massive gas explosion just before midnight on Wednesday.
18 hours ago
US military to create separate unified cyber warfare command
[WASHINGTON] President Donald Trump ordered the US military on Friday to elevate its cyber warfare operations to a separate command, signaling a new strategic emphasis on electronic and online offensive and defensive operations.
18 hours ago
Venezuela's ex-attorney general says President Maduro involved in Odebrecht scandal
[PUEBLA, Mexico] Venezuela's sacked attorney general Luisa Ortega said Friday she had evidence that President Nicolas Maduro and his inner circle were implicated in the massive corruption scandal around Brazilian construction firm Odebrecht.
19 hours ago
Ousted Bannon says 'going to war' for Trump, returns to Breitbart
[WASHINGTON] Donald Trump's ousted top strategist Steve Bannon vowed Friday to keep fighting for the president from outside the White House, as he returned to his former home at Breitbart News.
19 hours ago
US launches formal trade investigation into China
[WASHINGTON] The United States on Friday formally launched a trade investigation into China's intellectual property practices and forced transfer of American technology, which President Donald Trump had called for this week.
19 hours ago
Few foreign bids expected for Petrobras US$1b natgas project: sources
[SAO PAULO] Taking aim at local corruption, Brazil is trying to get competition among global players to build a US$1 billion natural gas plant, but the number of foreign bids will be smaller than anticipated due to more stringent requirements, sources said.
20 hours ago
Oil jumps more than 2% as Wall Street up, dollar down
[NEW YORK] Oil prices rose on Friday as the stock market strengthened and the US dollar weakened, but US crude futures remained on track to close the week down as investors remained worried about the global oil glut.
20 hours ago
Carl Icahn steps down as adviser to US President Trump
[NEW YORK] Billionaire investor Carl Icahn on Friday ended his role as a special adviser to US President Donald Trump after facing criticism that his recommendations on policy could help his own investments.
20 hours ago
Europe: Shares fall, Barcelona attack weakens travel stocks
[LONDON] European travel stocks fell sharply on Friday after the van attack in tourist hotspot Barcelona.
20 hours ago
Two dead, eight wounded in knife attack in Finland
[TURKU, Finland] A man with a knife killed two people and wounded eight others in a stabbing rampage in a market square in the Finnish city of Turku on Friday, police said.
20 hours ago
US: Stocks end week lower amid Trump woes
[NEW YORK] Wall Street stocks fell on Friday, ending lower for the second day as White House turmoil continued with the ouster of controversial adviser Steve Bannon.
20 hours ago
Fitch upgrade Greece debt, sees steady improvment
[WASHINGTON] Credit rating agency Fitch on Friday upgraded Greece's debt by a notch, citing what it called an improving outlook and amid expectations the country's debt sustainability will steadily improve.
20 hours ago
Former UAW official charged in Fiat Chrysler payoff probe
tdyadmin - 46 min 40 sec agoA former senior official at the United Auto Workers trade union was charged on Friday
21 hours ago
Debunking the myth of being 'overqualified'
Vivien Shiao - SELF-described "tea girl" Rebecca Chiu can often be seen behind a hawker stall preparing drinks, clearing clogged drains and - when the occasion calls for it - even catching cockroaches that wander in.
21 hours ago
Breaking ranks with the indefensible
Anna Teo - Another week, yet more episodes of terror, turmoil and bloodshed across the world. The Islamic State has claimed credit for the latest terror attacks in Europe, this time along a coastal stretch in Spain.
21 hours ago
Ascendas-Singbridge Group to acquire commercial building in Sydney for A$252m
Chai Hung Yin - URBAN development and business space solutions provider Ascendas-Singbridge Group has entered into a contract of sale with GDI Property Group to acquire 66 Goulburn Street, an iconic A-grade commercial building in Sydney's central business district (CBD) for A$252 million (about S$272 million) ...
21 hours ago
Manhattan's Farley Post Office will soon be a grand train hall
AFTER 25 years of talk about turning the main post office in Manhattan into an extension of Pennsylvania Station, construction toward that ambitious and expensive goal is about to get underway.
21 hours ago
New home price growth in China slows in July
CHINA'S home price growth slowed in July, with Beijing declining for a second straight month, reinforcing expectations that property price growth may stagnate over the course of the year.
21 hours ago
Selling your multimillion-dollar house? Raise its price
IN early 2008, Albert Elkouby bought a piece of land on the corner of a main thoroughfare in Beverly Hills for US$18 million and set about erecting a 28,000 sq-ft "French chateau-inspired" house. Four years later, in 2012, Mr Elkouby, who owns JH Design, an apparel company that makes bran ...
21 hours ago
Airbnb's listings, rates on the Great American Eclipse's 11km strip surge
ON Aug 21, for the first time in nearly 100 years, the earth, sun and moon will briefly align to cast darkness on a narrow trajectory between Salem, Oregon and Charleston, South Carolina. For homeowners living on the route of the Great American Eclipse, the stars appear to be aligning for them to r ...
21 hours ago
Croesus' Q4 DPU up as acquisitions drive growth in revenue
Chai Hung Yin - RIDING on a 19 per cent year-on-year rise to 1.27 billion yen (S$15.9 million) in fiscal fourth-quarter income available for distribution, Croesus Retail Trust on Friday reported a distribution per unit (DPU) of 2.01 Singapore cents for the three months ended June 30, 2017, up from 1.70 cents a yea ...