1 hour ago
Singapore’s investment commitments rise 5.3% to S$14.2 billion in 2025
Tessa Oh - More than a third of fixed asset investment is in electronics; expected job creation falls 16% to 15,700
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Thailand PM’s party takes early lead in three-way election race
[BANGKOK] Thai Prime Minister Anutin Charnvirakul’s Bhumjaithai Party took an early lead in Sunday’s (Feb 8) general election, though the three-way battle...
9 hours ago
Japan must take 'professional' approach in tapping FX reserves, finance minister says
TOKYO, Feb 8 : Japan must take a "professional" approach in tapping its huge foreign reserves to fund spending and tax cuts as doing so would not be easy, Finance Minister Satsuki Katayama said on Sunday.Tapping foreign reserves could be an option given recent yen moves, though doing so co ...
10 hours ago
PM Sanae Takaichi’s win primes Japan stocks for gains, damps yen and bonds
The benchmark Topix index closed at a record high on Feb 6
11 hours ago
Japan’s Takaichi set for landslide election win, exit poll shows
Her party is set to win 274 to 328 of the 465 seats in the lower house
11 hours ago
Analysis:Investors chase cheaper, smaller companies as risk aversion hits tech sector
Feb 8 : Investors are turning to cheaper, smaller companies while reassessing how much risk they are willing to take owning volatile assets after market whipsaws pounded some sectors and assets.Wariness and risk aversion have swept through some corners of the market that have shone the brightest in ...
12 hours ago
Nanyang New Development to buy gold bullion dealer
The Edge Singapore - Nanyang New Development has on Feb 7 announced plans to move into the business of brokering gold bullion, as well as retail sales of jewellery. Together with a group of other investors, Nanyang New Development plans to invest $1 million in an entity called Gold Bar Pte Ltd, a registered dealer incor ...
13 hours 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
15 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 ...
15 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) ...
16 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...
16 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...
20 hours ago
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
Rivalry highlights AI companies’ public spat and market competition
20 hours ago
Washington Post CEO Will Lewis announces departure, following mass layoffs
Unions criticise Lewis, call for Bezos to rescind layoffs
20 hours ago
Japan’s PM Takaichi aims for blizzard of votes in rare winter election
Record snow may hurt turnout, favouring organised voting blocs
20 hours ago
Japan votes in test for PM Takaichi as snow weighs on turnout
Record snow may hurt turnout, favouring organised voting blocs
21 hours ago
Polls close in Thailand’s three-way race as risk of instability looms
No single party expected to secure a clear majority
21 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
24 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 ...
1 day 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.
1 day 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 ...
2 days 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.
2 days 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...
2 days 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...
2 days 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.
2 days 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...
2 days 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...
2 days 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 ...
2 days 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.
2 days 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 ...
2 days 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.
2 days 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...
2 days 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...
2 days 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...