35 minutes ago
Fatal SQ321 flight: a timeline
Therese Soh - The incident, which occurred on May 21, 2024, left dozens injured and one dead
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
42 minutes ago
Nuclear power: Singapore to undertake IAEA review on decision-making ability
Sharanya Pillai - Safety will always be the ‘overriding’ priority in Singapore’s consideration of nuclear power, says PM Wong
47 minutes ago
Dexterous robotic hand maker Linkerbot is said to consider Hong Kong IPO
It said in February it completed a 1.5 billion yuan (S$282 million) Series B fundraising round
1 hour ago
Singapore’s first climate adaptation plan to offer climate risk ‘checklist’ for businesses: Grace Fu
Low Youjin - It will identify gaps in national resilience efforts, help firms assess risks across operations
1 hour ago
Coach owner Tapestry targets international markets for 70% of growth
[FASANO, Italy] Tapestry expects about 70 per cent of its growth over the next few years to come from international markets, with...
1 hour ago
Delfi’s Q1 Ebitda slips 0.8% to US$16.8 million despite higher sales
Evan See - The group expects the Middle East conflict to exert upward pressure on some operating costs
1 hour ago
India to monitor Boeing fuel-switch test tied to Air India London incident, documents show
NEW DELHI: Indian air safety officials plan to travel to Seattle to observe Boeing's testing of a fuel-control switch panel that was removed from an Air India 787 in February after the pilots on a London-Bengaluru flight flagged a possible defect, according to documents seen by Reuters.The test ...
1 hour ago
ASML says first chips from new High-NA machines to arrive in months
ANTWERP, May 19 () - ASML expects to see the first products created on the company's new High-NA machines within months, the chief executive of the world's top computer chip equipment maker, Christophe Fouquet, said on Tuesday.Speaking at a conference in Belgium, Fouquet said he expects th ...
2 hours ago
Maybank Securities upgrades Thai Beverage on attractive valuations and cyclical recovery
The Edge Singapore - Citing signs of a cyclical recovery, Hussaini Saifee of Maybank Securities has turned more bullish on Thai Beverage after the alcohol giant's 2QFY2026 results, with call upgraded from "hold" to "buy". He observes that spirits revenue was up 1.3% y-o-y and net profit up 6.4% ...
2 hours ago
Yangzijiang Shipbuilding YTD order wins hit US$1.03 billion, outstanding orderbook reaches US$22.3 billion
Evan See - The company has set a target of US$4.5 billion order wins for FY2026
2 hours ago
Explainer-What are Samsung union workers demanding and how might a strike play out?
SEOUL, May 19 : South Korean memory chip maker Samsung Electronics is facing its worst-ever strike, with nearly 48,000 workers threatening to walk off production lines on Thursday for 18 days over a dispute about bonus payouts. Here are key things to know:WHAT DOES SAMSUNG'S UNION WANT?Samsung& ...
2 hours ago
Musk's failed court attack on OpenAI could leave lasting scars on CEO's reputation
OAKLAND, California, May 19 : OpenAI Chief Executive Sam Altman beat Elon Musk in federal court on Monday, but the win came at the cost of hearing his former colleagues call him a liar - repeatedly - under oath. A federal jury threw out former OpenAI co-founder Musk's case that the nonprofit wa ...
2 hours ago
Fatal SQ321 flight: Radar issue in 2024 may have left pilots blind to severe turbulence
Shikhar Gupta - A possible radar blind spot and disputed hardware tests complicate liability for the fatal flight
2 hours ago
SQ321 final report: Radar issue may have left SIA pilots blind to severe turbulence
Shikhar Gupta - A possible radar blind spot and disputed hardware tests complicate liability for the fatal flight
3 hours ago
Fed’s Warsh has a difficult boss and tough job ahead, says StanChart CEO Winters
[HONG KONG] Incoming Federal Reserve chair Kevin Warsh faces both a tough environment and a “difficult boss,” Standard Chartered CEO Bill Winters said on...
3 hours ago
StanChart to cut over 7,000 jobs, boost AI to replace 'lower-value human capital'
HONG KONG, May 19 : Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace "lower-value human capital" with technology, becoming one of the top names in finance to target headcount cuts using artificial intelligence.The London-headquartered l ...
3 hours ago
Japan’s faster economic growth offers window for BOJ rate hike
Expansion provides scope for higher borrowing costs and policymakers may want to act before Mid-East conflict starts weigh on growth
4 hours ago
Analysis:BOJ could temper its taper as bond wobbles rattle markets
TOKYO, May 19 : Financial market turbulence could force the Bank of Japan to go slow on the unwinding of its massive debt holdings, giving anxious bond investors some relief as surging yields lay bare worsening fiscal strains and inflation pressures.The central bank sets a high bar for outright bond ...
4 hours ago
China asks pork producers to spur consumption, curb financial risks
[BEIJING] China’s agriculture ministry urged the pork industry to rein in overcapacity, stimulate consumption and keep a close watch on the financial risks of...
4 hours ago
Indonesia’s financial regulator says stock index reflects fundamentals after fall
The rupiah remained under pressure on Tuesday, hitting a record low of 17,730 a dollar
4 hours ago
More ships arrive in Singapore as Iran war disrupts Middle East routes, but fewer refuelling here
Singapore is capturing some displaced bunkering demand, but it is not a simple one-for-one substitution for Gulf of Oman ports
4 hours ago
Dollar edges up as investors weigh Iran peace hopes against Fed rate outlook
May 19 : The U.S. dollar rose on Tuesday as investors balanced cautious hopes for a Middle East peace deal against concerns that the Federal Reserve could raise rates to curb energy-driven inflation.U.S. President Donald Trump said on Monday there was now a "very good chance" of reaching a ...
4 hours ago
Helsing and OHB join forces on space-based reconnaissance venture
May 19 : Artificial intelligence defence firm Helsing and German space company OHB said on Tuesday they had established a joint venture to develop a space-based tactical surveillance, reconnaissance and targeting system, underscoring Europe's push to strengthen military capabilities in orbit.Th ...
4 hours ago
Australian stocks rebounds from 7-week low as RBA minutes hint near-term rate pause
AUSTRALIAN shares rebounded from a near seven-week low on Tuesday after minutes from the Reserve Bank of Australia signalled a wait-and-watch approach...
4 hours ago
European shares rise on Trump’s Iran comments
EUROPEAN shares ticked higher on Tuesday after investors welcomed news that the US had paused a planned attack against Iran following Teheran’s...
5 hours ago
StanChart Singapore to hire more wealth bankers amid global cuts; impact on other roles still unclear
Vivien Shiao - The lender plans to cut more than 15% of its global corporate function headcount
5 hours ago
StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs globally
Vivien Shiao - The lender will cut more than 15% of its global corporate function headcount, but the impact on Singapore roles remains unclear
5 hours ago
UOBKH's Koh raises target price for CICT to $3.06
The Edge Singapore - Jonathan Koh of UOB Kay Hian has raised his target price for CapitaLand Integrated Commercial Trust from $2.95 to $3.06, after the largest S-REIT's acquisition of the Paragon mall along Orchard Road for an agreed property value of $3.9 billion, which provides a net yield of 3.9%. "The acqu ...
6 hours ago
From ‘show me your code’ to ‘show me your agent’: DBS CEO Tan Su Shan on how agentic AI is transforming the bank
Lee Su Shyan - Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent
6 hours ago
Singapore-based coalition to raise corporate demand for carbon credits
Janice Lim - It is targeting corporates to purchase at least 10 million tonnes of carbon credits by 2030
6 hours ago
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
Lee Su Shyan - Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent
6 hours ago
Singapore-based coalition formed to raise corporate demand for carbon credits
Janice Lim - It is targeting corporates to purchase at least 10 million tonnes of carbon credits by 2030
6 hours ago
Singapore contributes US$15 million to support carbon credit projects aligned with Paris Agreement
Janice Lim - It is the first Asian country to pitch in to the carbon transaction facility
6 hours ago
Think hard about embracing the new CPF life-cycle investment scheme
Leslie Yee - In an increasingly volatile world, hold some risk-free investments