30 minutes ago
BNP Paribas seeks to cut about 1,200 roles on Axa IM integration
More recently, the CEO Jean-Laurent Bonnafe has been selling some stakes in various businesses
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
44 minutes ago
From US tech to emerging markets, investors urged to diversify in volatile year
Koh Kim Xuan - Panellists highlight investment opportunities for 2026 amid geopolitical uncertainties
44 minutes ago
Gold’s bullish outlook makes it a core portfolio asset, not just a hedge, say panellists
Tan Nai Lun - The precious metal will likely continue to rally amid geopolitical uncertainty and central bank demand, observers say
44 minutes ago
Stretched valuations no barrier to global equity opportunities in 2026: panellists
Tan Nai Lun - Investors can still generate returns by being risk-on in a diversified manner, say market watchers
48 minutes ago
Amazon plans thousands more corporate job cuts next week, sources say
It would be the largest layoff in Amazon’s three-decade history
50 minutes ago
Exclusive-Amazon plans thousands more corporate job cuts next week, sources say
SAN FRANCISCO, Jan 22 : Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with the matter.The company in October cut some 14,000 white-collar jobs, about half of the 30,000 target first repo ...
53 minutes ago
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability
59 minutes ago
JPMorgan CEO Jamie Dimon’s pay rises to US$43 million in 2025
In 2024, he earned US$39 million
1 hour ago
Trump sues JPMorgan, CEO Jamie Dimon for US$5 billion over alleged debanking
JPMorgan said it closes accounts that create legal or regulatory risk for the bank
1 hour ago
Intel gives weak forecast after supply shortages hurt sales
Despite the optimism, the company still has a long way to go to restore its former chip-industry glory
2 hours ago
Oil slides 2% as Trump tones down threats toward Greenland and Iran
Oil prices should hold at around US$60 a barrel, according to an analyst
2 hours ago
Autodesk to cut about 7% of staff amid sales reorganisation push
Most of the reductions will be related to sales functions, the company says
2 hours ago
European shares rebound as Trump withdraws tariff threats over Greenland
Despite Trump’s reversal, EU leaders will hold an emergency summit on Thursday
2 hours ago
From Greenland to trade wars: The new Trump-era reality investors must navigate
Analysts say Trump's frequent policy reversals require investors to rethink traditional portfolio strategies.
2 hours ago
US stocks: Wall Street ends up as investors buoyed by tariff relief, upbeat data
Many of the so-called Magnificent Seven stocks are due to report earnings next week
2 hours ago
Microsoft 365 down for thousands of users, Downdetector shows
Jan 22 : Microsoft's suite of productivity software was down for thousands of users on Thursday, according to outage tracking website Downdetector.com.There were more than 13,100 incidents of people reporting issues with Microsoft 365, according to Downdetector, which tracks outages by collatin ...
3 hours ago
Intel struggles to meet AI demand
Jan 22 : Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market estimates, sending shares down 7 per cent in after-hours trading.The company forecast current-quarter revenue at between $11.7 billion a ...
3 hours ago
Intel shares plunge on earnings expectations
SAN FRANCISCO: Intel shares dove more than 10 per cent Thursday (Jan 22) despite the struggling US chip maker doing better than expected in the recently ended quarter, as its revenue forecast disappointed investors.Intel reported a loss of US$600 million on revenue of US$13.7 billion in the final th ...
3 hours ago
BOJ set to hold rates steady as election, yield spike cloud outlook
TOKYO, Jan 23 : The Bank of Japan is set to keep interest rates steady on Friday and signal cautious optimism that the economy will maintain a moderate recovery that would justify raising still-low borrowing costs further.BOJ Governor Kazuo Ueda is likely to offer few clues on when the bank might ne ...
5 hours ago
Stocks rise as dollar dips after Trump's walk-back of Greenland threats
NEW YORK/ LONDON, Jan 22 : MSCI's global equities gauge was higher on Thursday and the dollar dipped as investors showed signs of relief a day after U.S. President Donald Trump dropped tariff threats against eight European countries and ruled out seizing Greenland by force.Trump said on Thursda ...
5 hours ago
Stocks push higher as investors digest Trump's walk-back of Greenland threats
NEW YORK/ LONDON, Jan 22 : MSCI's global equities gauge eyed a second straight advance on Thursday and the dollar dipped as investors showed signs of relief a day after U.S. President Donald Trump dropped tariff threats against eight European countries and ruled out seizing Greenland by force.T ...
5 hours ago
Netflix's Sarandos to testify in Senate hearing on Warner deal, Bloomberg News reports
Jan 22 : Netflix co-CEO Ted Sarandos plans to testify in February at a U.S. Senate committee hearing examining the company's proposed $82.7 billion purchase of the streaming and studio operations of Warner Bros Discovery, Bloomberg News reported on Thursday.Bruce Campbell, Warner Bros.' ch ...
6 hours ago
Tesla starts robotaxi rides without safety monitors in Austin
Jan 22 : Tesla CEO Elon Musk said on Thursday that the company has started Robotaxi rides in Austin without safety monitors in the car.
6 hours ago
Crypto custody firm BitGo valued at $2.59 billion as shares surge in NYSE debut
Jan 22 : Crypto custody firm BitGo was valued at about $2.59 billion after its shares opened 24.6 per cent higher in their New York Stock Exchange debut on Thursday. The stock opened at $22.43 a share, compared with the $18 offer price. BitGo and some of its backers sold 11.8 million share ...
6 hours ago
BitGo debuts with $2.59 billion valuation as crypto IPO window reopens
Jan 22 : BitGo hit a $2.59 billion valuation after its stock opened 24.6 per cent higher in their New York debut on Thursday, as investors snapped up shares in 2026's first crypto IPO.The crypto custody firm's stock opened at $22.43 a share, above the $18 offer price.BitGo and some of its ...
6 hours ago
Elon Musk's X back up after brief outage, Downdetector shows
Jan 22 : Social media platform X was back up after a brief outage for thousands of users globally on Thursday, according to Downdetector.com.At its peak, there were more than 20,200 reports of issues with X in the U.S., per Downdetector, before coming down to about 600 reports as of 12:27 p.m. ET.Re ...
6 hours ago
EU's Virkkunen says rule of law makes it reliable investment partner
DAVOS, Switzerland, Jan 22 : Europe's rule of law and reliability are critical to the case for investing in the continent given uncertainties in other parts of the world, the EU official responsible for tech sovereignty, security and democracy said on Thursday."Europe wants to really attra ...
9 hours ago
US fintech could gain as Trump pushes affordability agenda, Citi says
Jan 22 : U.S. fintech stocks could gain an edge as Washington leans into a more populist, affordability-driven agenda ahead of the November 2026 midterm elections, analysts at Citigroup said in a note.President Donald Trump's latest policy push is prompting investors to reassess parts of t ...
9 hours ago
The Assembly Place’s IPO 35.5 times subscribed ahead of Catalist debut
Renald Yeo - It raises net proceeds of S$10.8 million, from gross proceeds of S$18.3 million
9 hours ago
Wall Street opens higher on tariff relief
[NEW YORK] US stocks opened higher on Thursday (Jan 22), inching towards all-time highs, after President Donald Trump dialed back his threat...
9 hours ago
UK court gives go-ahead to challenge to large data centre
LONDON, Jan 22 : Britain's approval for a hyperscale data centre just outside London will come under scrutiny, after campaigners were on Thursday granted permission to bring a first of its kind legal challenge over the project.Plans for a 90MW data centre in Buckinghamshire were approved by the ...
9 hours ago
Apple asks Indian court to stop antitrust body from seeking its financials
The US tech giant argues that being forced to comply now will defeat its main legal challenge against India’s penalty rules
9 hours ago
Stocks push higher as Trump walks back Greenland threats
LONDON, Jan 22 : World stocks nudged higher, the dollar was steady and gold softened on Thursday after U.S. President Donald Trump ruled out seizing Greenland by force and dropped tariff threats against eight European countries.Relief at Trump's change of tune pushed Europe's STOXX 600 ind ...
9 hours ago
Singapore unveils new framework to rein in risks of autonomous AI agents
Young Zhan Heng - While agentic artificial intelligence may benefit the Republic’s digital economy, it also has its vulnerabilities