59 minutes ago
ExxonMobil, Chevron clock best month since 2022 as crude surges
The robust moves come alongside an upswing in oil prices and a broader rally
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 hour ago
Sandisk’s 1,600% rally keeps going after ‘unprecedented’ quarter
Memory and storage companies have historically traded at lower valuations due to their cyclical nature
3 hours ago
Mercedes seeks to regain China luxury lead with new S-Class
Germany’s automakers have already lost the battle in the Asian nation on mass-market EVs
4 hours ago
Tether’s annual profit drops 23% in midst of fundraising
USDT is the largest stablecoin, with over US$185 billion in circulation
4 hours ago
Shorter waits for 1,300 BTO flats on sale in Feb; Tampines project to be ready in less than two years
It is one of the fastest flat completion times since such shorter waiting time projects were introduced in 2018
4 hours ago
After EVs, smart driving tech to power China’s auto exports
China exported a record 7.1 million cars in 2025, buoyed by growing demand for new-energy vehicles (NEVs) as the global shift toward...
4 hours ago
Peloton cuts 11% of jobs, with engineering teams getting hit
The fitness technology company joins a slew of other tech companies that have recently slashed their workforces
5 hours ago
Hong Kong port operator violated Panama’s constitution, failed to serve public interest, Panama court ruled
Panama Ports Company is a subsidiary of Hong-Kong based CK Hutchison subsidiary
5 hours ago
Nvidia’s plan to invest up to US$100 billion in OpenAI has stalled: report
Big Tech companies and investors such as SoftBank Group are racing to forge partnerships with the ChatGPT maker
5 hours ago
Labubu maker Pop Mart sets up London hub for European push
The company will open 27 new stores in Europe in the coming year
6 hours ago
Gold and silver plunge as wild swings rock metals markets
Bullion’s slide may have been accelerated by a so-called gamma squeeze
7 hours ago
WTO panel backs China in case against US clean energy subsidies
The panel’s report recommended the United States withdraw the measures under the Inflation Reduction Act by Oct 1, 2026
7 hours ago
US judge signals Musk's xAI may lose lawsuit accusing Altman's OpenAI of stealing trade secrets
Jan 30 : A federal judge signaled on Friday she may dismiss a lawsuit by Elon Musk's artificial intelligence startup xAI accusing Sam Altman's rival OpenAI of stealing trade secrets to gain an unfair advantage in developing AI technology.U.S. District Judge Rita Lin in San Francisco said h ...
7 hours ago
SpaceX generated about US$8 billion in profit last year ahead of IPO: sources
Musk expects Starship to start launching payloads into space this year
7 hours ago
Leveraging AI for SME growth, strengthening ESG readiness, among CPA Australia’s Budget wishlist
Nicklaus Wee - Budget 2026 comes at a pivotal time for Singapore. Global uncertainty continues to reshape the way businesses operate, with rising geopolitical tensions, supply chain disruptions and slower global growth affecting confidence. Domestically, households, like in many other countries, remain concerned a ...
8 hours ago
Exclusive-Saks ending e-commerce partnership with Amazon, source says
NEW YORK, Jan 30 : Bankrupt retailer Saks Global is ending its "Saks on Amazon" partnership with e-commerce giant Amazon.com, a source with direct knowledge of the decision said on Friday.The partnership was already in dire straits when Saks filed for bankruptcy earlier this month, but the ...
8 hours ago
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Jan 30 : Nvidia's plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday, citing people familiar with the matter. Re ...
8 hours ago
The case for AI sovereignty: Why, what and how
Tong Kooi Ong + Asia Analytica - Today, the question is no longer whether artificial intelligence (AI) will be adopted. Like electricity or the internet, its diffusion is all but inevitable. Even in its formative stage, AI is already reshaping modern life: disrupting industries, challenging existing economic and social structures, ...
8 hours ago
Gold, silver prices tumble as investors soothed by Trump Fed pick
Gold fell as much as 12 per cent at one point, retreating below US$5,000 an ounce after hitting a record high near US$5,600 a day earlier.
8 hours ago
Hong Kong port operator violated Panama's constitution, failed to serve public interest, Panama court ruled
PANAMA CITY, Jan 30 : The Supreme Court of Panama said a contract held by a Hong Kong company to operate ports at the Panama Canal failed to “serve the public interest and social welfare,” in its decision on Thursday voiding the contracts. While the court announced the decision on Thursday, it h ...
8 hours ago
Oil hovers near six-month high as investors track US-Iran tensions
A stronger US dollar can limit demand from oil buyers paying in other currencies
8 hours ago
Analysis:Combining SpaceX with xAI may be simple for Musk Inc, but Tesla isn't so easy
Jan 30 : Elon Musk fans and the man himself have long mused about Musk Inc, a merger of companies owned by the world's richest man. But with SpaceX expected to go public later this year, and Tesla facing a challenging transition from human-driven EVs to robotaxis and robots, even some proponent ...
8 hours ago
US stocks fall, as investors fret over Trump’s Fed nominee, earnings, inflation
Warsh is expected to favour lower interest rates
9 hours ago
Google defeats bid for billions of dollars of new penalties in US privacy class action
Jan 30 : Alphabet's Google persuaded a federal judge in San Francisco on Friday to reject a bid by consumers for more than $2 billion in penalties over the company’s past collection of data from users who had switched off a key privacy setting.Chief U.S. District Judge Richard Seeborg denied ...
9 hours ago
European shares cap strong January with earnings-fuelled gains
With the European Central Bank staying put on monetary policy, greater focus is on the US Fed’s outlook on interest rates
9 hours ago
Musk's Starlink updates privacy policy to allow consumer data to train AI
NEW YORK, Jan 30 : SpaceX revised its Starlink privacy policy to allow the use of customer data for AI training, a shift that could bolster Elon Musk's AI ambitions.Ahead of a blockbuster IPO planned for later this year, SpaceX is in talks to merge with Musk’s AI company, xAI, a deal first re ...
9 hours ago
Trump's Fed pick Warsh serves on board of firm at center of US-South Korea trade spat
WASHINGTON, Jan 30 : Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, has earned over $1 million since 2020 as a member of the board of e-commerce company Coupang, now at the center of trade tensions between the U.S. and South Korea. Warsh has served on the board of the ...
10 hours ago
Thoma Bravo explores sale of identity software firm Imprivata, sources say
Jan 30 : Thoma Bravo is exploring a sale of Imprivata, a digital identity software provider for the healthcare industry, according to three people familiar with the matter.The software-focused private equity investor is working with investment bankers at JPMorgan and Evercore on the sale process for ...
10 hours ago
Exclusive-SpaceX generated about $8 billion in profit last year ahead of IPO, sources say
NEW YORK, Jan 30 : SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year, two people familiar with the company's results said, providing fresh insight into the financial health of Elon Musk’s space company that is expected to go public later this year. ...
11 hours ago
Blue Origin shutters New Shepard rocket program to focus on moon lander development
WASHINGTON, Jan 30 : Jeff Bezos' space company Blue Origin on Friday said it was "pausing" flights of its New Shepard rocket for at least two years, effectively cancelling the company's centerpiece space tourism vehicle to focus instead on efforts to build a moon lander for NASA. ...
11 hours ago
Bezos' Blue Origin pauses New Shepard rocket program to focus on moon lander efforts
WASHINGTON, Jan 30 : Jeff Bezos' space company Blue Origin on Friday said it was "pausing" flights of New Shepard, the company's centerpiece space tourism rocket, to shift resources to its moon lander program with NASA.The company said "it will pause its New Shepard flights ...
13 hours ago
IMF projects Bangladesh's GDP to rebound to 4.7% in fiscal 2026
Jan 30 : The International Monetary Fund on Friday said Bangladesh's gross domestic product is expected to rebound to 4.7 per cent in the fiscal year 2026, following a recent economic slowdown."With implementation of policies to mobilize tax revenue and address financial sector vulnerabili ...
14 hours ago
Videogame stocks slide on Google's AI model that turns prompts into playable worlds
Jan 30 : Shares of videogame companies fell sharply in afternoon trading on Friday after Alphabet's Google rolled out its artificial intelligence model capable of creating interactive digital worlds with simple prompts.Shares of "Grand Theft Auto" maker Take-Two Interactive and online ...
14 hours ago
Tesla jumps as SpaceX merger talks fuel Musk empire consolidation hopes
Jan 30 : Shares of Tesla jumped more than 5 per cent on Friday, after reports that SpaceX was in deal talks with Elon Musk's other companies stoked investor hopes that the billionaire's tech empire could be unified further.SpaceX is in discussions to merge with Musk's AI startup, xAI, ...