35 minutes ago
China’s Xpeng expects to start delivering ‘flying’ cars in 2027
Like many other Chinese automakers, the EV maker has expanded overseas and currently operates in about 60 countries
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
36 minutes ago
The efficiency mandate: Why Apac’s AI ambitions must confront a new energy reality
Nathan Hall - When Singapore invokes the spectre of stagflation, the region pays attention. The global fuel crisis has forced a reckoning: energy constraints are no longer temporary disruptions, but a permanent business reality. The broader economy, like the data centre industry, is learning fast that energy is n ...
50 minutes ago
Nokia earnings beat estimates as data centre pivot shows promise
The company’s shares have almost doubled over the last year
59 minutes ago
Australia working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 : Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's limited release of its Mythos AI model that has caused concern in several ...
59 minutes ago
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 : Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countrie ...
59 minutes ago
STMicroelectronics posts Q1 above estimates, forecasts stronger Q2
April 23 : STMicroelectronics on Thursday reported first-quarter results above estimates, pointing to signs of recovery in its key semiconductor markets, and forecast further growth in the second quarter.The Franco-Italian chipmaker reported revenue of $3.10 billion for the first three months of the ...
1 hour ago
Hyundai Motor reports 31% drop in Q1 operating profit, meets forecasts
SEOUL, April 23 : Hyundai Motor reported a 31 per cent drop in first-quarter operating profit on Thursday, meeting analysts' estimates, as weaker demand in the Middle East and a recall of its Palisade SUV weighed on earnings.Hyundai, which together with affiliate Kia Corp is the world's th ...
1 hour ago
Singapore Airlines deepens role at Air India amid record losses
Geopolitical disruptions have further inflated costs by forcing longer, more expensive routes at a time of surging jet fuel prices
1 hour ago
Nokia beats first-quarter estimates as AI boom lifts sales again
April 23 : Nokia posted a bigger than expected rise in its quarterly comparable operating profit on Thursday, as the Finnish telecom gear maker continued to see high demand from artificial intelligence and cloud customers, booking orders worth 1 billion euros ($1.2 billion).Comparable operating prof ...
1 hour ago
Besi posts higher bookings in first-quarter, as AI boosts demand for hybrid bonding tech
April 23 : BE Semiconductor Industries (BESI) on Thursday reported quarterly orders above last year's level, reflecting growth across all its markets and particularly strong demand for hybrid bonding. Investors are banking on growing orders for Besi's hybrid bonding solutions, a chip techn ...
1 hour ago
Besi reports first-quarter bookings above last year
April 23 : BE Semiconductor Industries (BESI) on Thursday reported quarterly orders above last year's level, reflecting growth across all its markets.Besi reported orders of 269.7 million euros ($315.5 million)for the first-quarter, up from 131.9 million euros a year earlier."Favorable ord ...
2 hours ago
Dassault Systemes reports first-quarter revenue in line with estimates
April 23 : French software maker Dassault Systemes on Thursday reported first-quarter revenue of 1.51 billion euros ($1.77 billion), in line with estimates, helped by strong demand for its 3DExperience and Cloud businesses.Hit by a prolonged slowdown in the global auto industry, Dassault Systemes, w ...
2 hours ago
Dassault Systemes reports first-quarter results in line with estimates
April 23 : French software maker Dassault Systemes on Thursday reported first-quarter revenue of 1.51 billion euros ($1.77 billion), in line with estimates, helped by strong sales by its 3DExperience and Cloud businesses.Revenue fell 4 per cent on a constant-currency basis from a year earlier, while ...
2 hours ago
Singapore’s core inflation inches up to 1.7% in March; headline inflation at 1.8%
Paige Lim - This was in line with private-sector economists estimates
2 hours ago
Exclusive-SpaceX targets in-house GPUs as it warns investors of chip supply, costs
NEW YORK, April 23 : SpaceX may be tackling one of the biggest challenges in the chip business: manufacturing the keys to powering artificial intelligence called graphics processing units, or GPUs.Ahead of SpaceX's $1.75 trillion IPO expected this summer, the company has warned prospective inve ...
2 hours ago
Bank Indonesia vows to ramp up rupiah defence as it sinks to record low
The currency is down 3.6% so far this year
2 hours ago
Indonesia central bank commits to more intense currency intervention as rupiah hits new record low
The currency has also been under pressure as a result of concerns about the country’s fiscal sustainability
2 hours ago
Inside Indonesia’s trial of Gojek founder: How a Google laptop deal became a multi-billion-rupiah case
Elisa Valenta - Nadiem Makarim has consistently denied any wrongdoing
2 hours ago
Google Cloud's security chief says context, not AI models, is the ‘real cyber defence superpower’
Nurdianah Md Nur - For years, cybersecurity has been framed as a losing game for defenders, with cyber attackers needing only one way in. Francis deSouza, chief operating officer and president of Security Products at Google Cloud, says that assumption is starting to break down. Cyber defenders, he says, already hold a ...
2 hours ago
China's Xpeng expects to start delivering 'flying' cars in 2027
The Chinese electric vehicle maker has received more than 7,000 orders for its flying cars, the majority of which are in China.
2 hours ago
India rate panel stood pat to avoid erring on Iran war uncertainty, minutes show
The RBI’s inflation target stands at 4%, with a tolerance band of 2% to 6%
2 hours ago
Foreign investors buy Japan stocks on US-Iran peace hopes, AI rally
April 23 : Japanese stocks attracted significant foreign investor inflows in the week through April 18, driven by a rally in artificial intelligence‑related stocks as risk sentiment improved on hopes of a resolution to the Middle East conflict.Foreigners bought a net 2.38 trillion yen ($14.92 bill ...
3 hours ago
Starbucks hunts for another tech office, including abroad
The coffee chain is looking at cutting about US$2 billion in costs while also hiring more store workers and renovating its cafes
4 hours ago
Microsoft commits A$25 billion to build Australian AI capacity
The company and its US cloud computing peers plan to spend about US$650 billion this year
4 hours ago
Saudi Arabia, Philippines to join JPMorgan emerging market bond index in 2027
The inclusion will cover Saudi riyal-denominated sovereign sukuk and Philippine peso-denominated government bonds
4 hours ago
Asian shares track Wall Street to record highs but higher oil prices from Gulf shipping woes a risk
S&P, Nasdaq close at records on Iran ceasefire extension, earnings
4 hours ago
Asian shares pull back from record highs as oil gains on Iran war risk
Japan, South Korea, Taiwan stock indexes hit new highs before falling
4 hours ago
Asian shares track Wall Street to record highs but higher oil prices a risk
Markets in Japan, South Korea and Taiwan vaulted to record highs for a second day, with the Nikkei topping the 60,000 mark.
4 hours ago
Intel lands Tesla as first major customer for 14A chip technology
The chipmaker has previously said that it was in discussions with large customers about 14A
4 hours ago
Nanofilm shares jump as much as 24.5% on increased revenue, profit margin
Shikhar Gupta - The company posts a 24% year-on-year increase in recognised revenue to S$55 million for Q1
4 hours ago
Nanofilm shares jump as much as 32.4% on increased revenue, profit margin
Shikhar Gupta - The company posts a 24% year-on-year rise in recognised revenue to S$55 million for Q1
4 hours ago
Keppel posts slightly lower Q1 profit, says little impact from Middle East conflict so far
Singapore's Keppel Ltd posted a slight drop in its first-quarter net profit on Thursday (Apr 23), excluding the non-core portfolio for divestment and discontinued operations, hurt by lower contribution from its real estate division.The company said better results from infrastructure and connect ...
5 hours ago
TSMC shows smaller, faster chips without a pricey new tool from ASML
The global giant makes chips for Nvidia, Apple and Google
5 hours ago
MBS profit jumps 30.2% to new Q1 high of US$788 million on ‘high-quality investment’, ‘high-value tourism’
Elysia Tan - Parent company LVS’ consolidated adjusted property Ebitda climbs to US$1.4 billion