39 minutes ago
Singapore cements position as Asia-Pacific wealth hub as region’s AUM set to hit US$34.5 trillion by 2030: PwC
Jean Low - The city-state aims to capture opportunities in cross-border wealth, tokenisation and sovereign capital
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 hours ago
Stock trader’s guide to navigating rare ‘Super El Nino’: 5 sectors to watch as risks build
Impact already being felt across various regions, from a delayed start to the Indian monsoon to a temporary halt to Peru’s fishing...
3 hours ago
AI capex cycle drives institutional inflows and gains for Singapore’s listed tech manufacturers
[SINGAPORE] The artificial intelligence boom has seen massive capital expenditure among tech giants with strong demand for chips globally – and Singapore’s...
4 hours ago
Wellness zone on a plane? Qantas tests new ways to beat jet lag on world’s longest nonstop flight
Airbus has modified the A350-1000 so it can fly the approximate 17,000 km between Sydney and London
16 hours ago
US’ Vance arrives in Switzerland for Iran peace talks with Hormuz in spotlight
The IRGC on Jun 20 declared Hormuz shut, though the US military said commercial vessels had continued operating in the waterway
16 hours ago
US disputes Iran’s claims about closing Hormuz; talks set to open as Vance arrives in Switzerland
The US military said commercial vessels had continued operating in the waterway.
16 hours ago
US disputes Iran’s claims about closing Hormuz; talks set to open with Vance due at Swiss venue
The US military said commercial vessels had continued operating in the waterway.
24 hours ago
China’s rare earths curbs extend pressure on supply to Japan
The export curbs have disrupted the availability of some magnets
1 day ago
China tightens indium export checks as AI demand increases
The restrictions have become enough of a hurdle for next-generation data centres
1 day ago
Abu Dhabi’s MGX weighs multi-billion deal for Singapore-based data centre operator DayOne: sources
The firm has invested in some of the largest AI companies globally
1 day ago
Starbucks cuts London, Hong Kong office jobs in restructuring effort
The company has said that it wants to double its international store count to about 40,000
1 day ago
Asia’s AI hardware bet has a financing problem
The region can build AI data centres, but the tougher question is how to pay for the GPUs inside them
1 day ago
The great misreading of China: Why exports are a consequence, not a strategy
Tong Kooi Ong + Asia Analytica - In our two earlier pieces titled “Two reports, two interpretations of China” and “The political economy of modern capitalism” (The Edge, June 1, 2026), we argued that many observers are looking at the same China but arriving at fundamentally different conclusions. The first article examined ...
1 day ago
The builders and the beneficiaries: from Global Crossing to AI
Tong Kooi Ong + Asia Analytica - When recalling the dotcom boom, people tend to think of the era’s speculative excesses: day traders flipping hot internet stocks; and smart (but ever-so-reckless) money bankrolling anything with a “.com” suffix — from toy stores to pet retailers. But there was another kind of excess, too — ...
1 day ago
European stocks tick lower as mining losses weigh
Equities in Europe have been under pressure since the war began due to the inflationary impact of surging oil prices
1 day ago
Exclusive-Canadian lender TD tells some employees it will use software to monitor their work
TORONTO, June 19 : Toronto-Dominion Bank told some employees working in its financial crimes and risk management team that it would run software to track their work, prompting questions around consent and privacy in the workplace as the Canadian lender tries to increase productivity, according to a ...
1 day ago
US scientist John Jumper to leave Google DeepMind for Anthropic
June 19 : Senior research scientist John Jumper said on Friday he would leave Google DeepMind to join AI startup Anthropic, the latest high-profile departure at the Big Tech giant's AI research and development division. Jumper, who won a Nobel prize alongside Google's Demis Hassabis in 202 ...
1 day ago
Trump tells Axios he no longer views Anthropic as national security threat
June 19 : U.S. President Donald Trump said he might have viewed artificial intelligence company Anthropic as a national security threat last week, but he no longer does, according to an interview with "The Axios Show" published on Friday.Senior Anthropic technical staff were scheduled to m ...
2 days ago
Oil shipments rise in Hormuz although questions grow over Iran’s transit terms
Ships resumed broadcasting positions as they transited the strait
2 days ago
Brent falls as Israel, Hizbollah agree to ceasefire
At US$79 a barrel by 1303 GMT, it is down US$0.85 or 1.1%
2 days ago
Brazil's Lula signs decree to freeze illegal betting platform funds
BRASILIA/SAO PAULO, June 19 : Brazilian President Luiz Inacio Lula da Silva has signed a decree allowing the government to freeze funds from companies operating illegal online betting platforms, with the money to be directed to public security actions, he said in a social media post on Friday.• In ...
2 days ago
STI appears set for 5,740 as firmer interest rates stymie REIT index
Goola Warden - At new Fed Chair Kevin Warsh's first Federal Open Market Committee (FOMC) meeting on June 16-17, the Federal Reserve’s Fed Funds Target Rate (FFTR) remained at 3.50%–3.75% as widely expected, with a unanimous vote (12-0). However, the dot plot pointed to nine officials penciling in at least ...
2 days ago
Ambani’s Jio Platforms files for long-awaited India IPO
The IPO could raise more than US$4 billion
2 days ago
Crude oil ‘caught up in cautious enthusiasm’ over US-Iran peace deal, but analysts don’t expect further price easing soon
Benicia Tan - Markets are pricing in a normalisation in Hormuz flows, but observers say the process could take around six months
2 days ago
BMW preparing talks with employee representatives after slashing profit outlook
It’s working on viable solutions – through dialogue and with a sense of responsibility toward employees
2 days ago
India’s long-delayed NSE IPO sets up US$2.6 billion windfall for top investors
The listing is a pure offer-for-sale, with existing shareholders offering to sell about 6% of the exchange’s equity
2 days ago
France mobilises €13 billion for tech sovereignty funding push
PARIS, June 19 : France has mobilised €13 billion ($14.89 billion) in additional institutional investor funding under the third phase of its Tibi initiative to finance French and European technology companies, the finance ministry said on Friday.The new phase aims to bring the envelope to €15 bi ...
2 days ago
Singapore’s competition watchdog unveils new measures to speed up investigation resolution
Shikhar Gupta - The guidelines allow a discount of up to 30% for firms resolving infringements under the Fast Track Procedure
2 days ago
Singapore shares end lower; STI down 0.4%
DFI Retail Group leads the gainers on the blue-chip index, rising 4.2% or US$0.15 to end at US$3.68
2 days ago
Investors see Micron earnings as pulse check of AI rally momentum
NEW YORK, June 19 : Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology earnings will check the pulse of chip demand to see if it is still accelerating.Despite a sharp mid-week selloff, major U.S. ...
2 days ago
Online brokerage Longbridge opens Singapore office at Asia Square Tower 2
Shikhar Gupta - A second facility, named Longbridge Cafe, is set to open in Q4 2026
2 days ago
AI-generated ads should be exempt from EU transparency rules, retail association says
LONDON, June 19 : Eurocommerce, the European retail association whose members include Amazon, H&M, Inditex, and Ikea, is asking EU tech chief Henna Virkkunen to exempt AI-generated advertisements from the bloc's new regulation requiring disclosure of AI use.The European Union AI Act, which ...
2 days ago
Mapletree CFO Wendy Koh appointed as Temasek’s new CFO
Janice Lim - She assumes the role fully on Oct 1; at Mapletree, Wong Mun Hoong will step into her vacated post
2 days ago
Japan utilities welcome nuclear replacement targets, seek stronger policy support
TOKYO, June 19 : Japan's power industry welcomed the government's roadmap for the future replacement of nuclear reactors as a key step towards securing the workforce and supply chains needed to sustain the sector, but its top lobbyist on Friday called for greater policy support to encourag ...