15 minutes ago
Apple-Intel chip deal makes strategic sense but production is years away
It pairs Intel’s bid to rebuild credibility as a chipmaker with Apple’s search for more manufacturing capacity
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 minutes ago
Renault plans 800 engineering job cuts in France amid intense Chinese competition
The company expects to get its transformation plan approved by unions in July and implemented from September
21 minutes ago
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Benjamin Cher - The sector is maturing in the region, with players pivoting from scale to profitable growth
46 minutes ago
Large US banks can weather hypothetical downturn, several raise dividends: Fed
The Fed’s “stress test” shows banks stay above minimum requirements despite a 1.6-percentage-point capital drop
59 minutes ago
H&M reports Q2 profit miss as tighter inventory hit sales
Operating profit was flat year on year at 5.91 billion Swedish crowns (S$786.7 million)
1 hour ago
SingPost unveils solutions to tackle EU’s tax on low-value parcels
Tay Peck Gek - Presently, Spain, Germany and France are the key countries where parcels from Singapore businesses are delivered to
2 hours ago
China to raise refined fuel export allowance in July, sources say
This may ease tight supplies after regional refiners cut output due to crude shortages from the Iran war
2 hours ago
MSCI acquires climate risk financial modelling company First Street
Lin Daoyi - Financial research firm MSCI will be acquiring First Street, a provider of physics-based climate risk data and analytics for every property in the world. MSCI will pay US$120 ($156) million in cash for the acquisition, with additional payments during the first two years following an expected 3Q2026 ...
3 hours ago
France's OVHcloud confirms outlook, posts higher quarterly growth on public cloud strength
June 25 : French cloud computing group OVHcloud reported organic revenue growth of 6.9 per cent in the third quarter, up from 5.1 per cent in the previous quarter, supported by its public cloud division, and also confirmed its full-year outlook. The growth was led by markets outside France, with the ...
3 hours ago
Malaysia’s Forest City family office push gains traction, but RM2 billion target looks a stretch
It has drawn notable early movers including billionaire Chua Ma Yu’s CMY Capital, and Yow Kee Family Office
3 hours ago
Kadokawa CEO's support falls to 60% at AGM after activist campaign
TOKYO, June 25 : Kadokawa's CEO Takeshi Natsuno suffered a sharp drop in shareholder support at the Japanese anime and gaming giant's annual general meeting after an activist campaign to unseat him.While he retained his board seat at Wednesday's AGM, shareholders voted only 59.68 per ...
3 hours ago
Shareholder support for CEO of anime and gaming giant Kadokawa tumbles to 59.68%
TOKYO, June 25 : The CEO of Japanese anime and gaming giant Kadokawa suffered a sharp drop in shareholder support at the annual general meeting following a high-profile activist campaign to unseat him. While Takeshi Natsuno retained his board seat on Wednesday, shareholders voted only 59.68 per cent ...
3 hours ago
China’s central bank to add tool to better manage short-term liquidity
The People’s Bank of China plans to inject cash into the banking system on Jun 29 and Jun 30
3 hours ago
China central bank to add tool to better manage short-term liquidity
The People’s Bank of China plans to inject cash into the banking system on Jun 29 and Jun 30
4 hours ago
Frasers Property plans to sell stakes in five properties to Thai conglomerate
The five assets, valued at S$1.1 billion, are spread across Singapore, Malaysia, the UK and Japan.
4 hours ago
Hong Kong dollar nears weak end on low volatility, cheap rates
The Hang Seng Index is on track for its steepest monthly drop in two years
4 hours ago
CGSI and DBS like Thai Beverage with Vietnamese milk
Lin Daoyi - After Thai Beverage’s annual information meeting on June 24, CGS International (CGSI) and DBS analysts reiterate their liking for Chang Beer’s maker, which holds an indirect stake in Vietnamese dairy goods producer Vinamilk. CGSI’s Meghana Kande and Lim Siew Khee maintain their “add” call ...
5 hours ago
South Korea’s surging equity volatility draws meme-stock comparisons
The growing dominance of Samsung Electronics and SK Hynix, the market’s two largest stocks, is driving this
5 hours ago
Talent, not technology, is reshaping the US-China AI race
Beyond chips, data and computing power, the battle between Beijing and Washington is increasingly being fought over the researchers, engineers and entrepreneurs shaping the technology's future.
5 hours ago
China’s ‘future industries’ push triggers flood of venture capital, bubble concerns
Chinese venture capitalists scramble to invest in hard-tech start-ups
5 hours ago
DigitalBridge is said to explore options for Malaysia’s Aims Data Centre
The US-based firm is working with a financial adviser and has reached out to prospective investors to gauge interest, according to sources
6 hours ago
China flags top state financial firms for tax evasion, improper loans
The move marks the first time a major state-owned lender has been explicitly called out for tax evasion in recent years
6 hours ago
SK Hynix, Micron solidify memory chips as runaway stars of AI
Producing memory chips is a capital-intensive business famous for its boom-and-bust cycles
6 hours ago
Bank of Japan sees AI export boom cushioning economy from oil price shock
The country is getting an unexpected boost that puts pressure on policymakers to tighten policy
7 hours ago
Gold steadies near US$4,000 as stronger dollar, rate outlook weigh
[SINGAPORE] Gold steadied near US$4,000 an ounce on Thursday (Jun 25) after falling through the threshold for the first time since November,...
7 hours ago
Hawkish BOJ policymaker calls for rate hike once every few months
KOBE, Japan, June 25 : The Bank of Japan should raise interest rates at a pace of once every few months to push them towards levels deemed neutral to the economy, hawkish board member Naoki Tamura said on Thursday.In a speech, Tamura estimated that Japan's neutral rate lies somewhere around 2 p ...
7 hours ago
SK Hynix jumps 12% as US listing plan boosts valuation hopes
At the proposed size, the chipmaker’s ADR sale would be among the top three first-time share sales ever
7 hours ago
Asia stocks jump with US futures on Micron outlook
South Korea’s Kospi benchmark surges nearly 5% in early trading
7 hours ago
Asian markets climb after strong results from US chipmaker Micron
TOKYO: Most Asian stock markets climbed in early trade on Thursday (Jun 25) on the back of strong earnings of United States chipmaker Micron.Tokyo's Nikkei 225 was up 2.31 per cent at around 8.30am (7.30am, Singapore time), while Seoul's benchmark Kospi index soared 5.65 per cent.All eyes ...
7 hours ago
OUE REIT to divest Crowne Plaza Changi Airport for $500 mil; to distribute $20 mil special distributions
Teo Zheng Long - OUE REIT (SGX: TS0U ) announced that it is proposing to divest Crowne Plaza Changi Airport (CPCA) for $500 million. The proposed divestment represents an 1.3% premium to the average of two independent valuations. OUE REIT is divesting this hospitality asset to a joint venture between its sponsor, OU ...
7 hours ago
Micron soars after AI-fuelled sales forecast shatters estimates
Shares up 16% after firm says Q4 revenue will be around US$50 billion
8 hours ago
Oil prices fall as tankers exit Strait of Hormuz
BEIJING, June 25 : Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to end the U.S.-Israeli war with Iran, easing supply concerns.Prompt-month Brent crude futures for August delivery fell 40 cen ...
8 hours ago
Stocks to watch: OUE Reit, OUE Ltd, Frasers Property, Vicom, UOB
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 25):
8 hours ago
Stocks to watch: UOB, OUE Reit, OUE Limited, Frasers Property, Vicom
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 25):