12 minutes ago
Carro enters Australia market with acquisition of used-car platform CarPlace
Chloe Lim - Deal marks Singapore unicorn’s eighth market in the Asia-Pacific
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
21 minutes ago
Australia probes private credit lenders, warns on valuations
The real estate sector is a major borrower in the roughly A$200 billion industry in the country
27 minutes ago
Palm oil stocks set to surge as Indonesia reportedly to scale back export grip: analysts
Shikhar Gupta - Brokerages, including UOBKH and RHB, are moving to upgrade battered plantation stocks across the board
29 minutes ago
Asian stocks steady, oil lower as US and Iran sign peace deal
TOKYO, June 18 : Asian stocks were steady and oil prices dipped on Thursday as investors assessed progress toward ending the war in the Middle East after the presidents of the U.S. and Iran signed an interim peace deal, though uncertainties still hovered. Both countries released the text of the agre ...
30 minutes ago
HSBC’s Australia unit faces A$35 million penalty over scam protection failures
The proposed settlement remains subject to approval by the Federal Court
34 minutes ago
Dollar clings to two-month peak as Fed rate-hike bets mount, yen slides
HONG KONG, June 18 : The U.S. dollar clung to a more than two-month high on Thursday as markets ramped up wagers on Federal Reserve rate hikes this year, heaping fresh pressure on the Japanese yen toward intervention territory.The U.S. central bank held rates steady in a 3.50 per cent-3.75 per cent ...
53 minutes ago
AI will lead to labour shortages, Amazon founder Bezos says
The comments come when global companies cut thousands of jobs after investing heavily in AI
58 minutes ago
Elon Musk’s next move may be a megamerger of SpaceX and Tesla
Some shareholders might object, but there is little they could do, legal experts say
1 hour ago
Oil slips again as US, Iran sign peace deal
BEIJING, June 18 : Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, resolving the largest energy supply disruption in history.Brent crude futures we ...
2 hours ago
Google Gemini co-lead Noam Shazeer to join IPO-bound OpenAI
June 17 : Noam Shazeer, a vice president of engineering at Google and co-lead of its Gemini artificial intelligence models, said on Wednesday that he will leave the company to join IPO-bound ChatGPT maker OpenAI.• Shazeer's move comes as leading AI firms compete for talent while racing to dev ...
2 hours ago
Google's Gemini co-lead Noam Shazeer to join OpenAI
June 17 : Noam Shazeer, a vice president of engineering at Google and co-lead of its Gemini artificial intelligence models, said on Wednesday he will leave the company to join OpenAI.
2 hours ago
Stocks to watch: Centurion, Far East Group
Chloe Lim - [SINGAPORE] The following companies saw developments that may affect the trading of their securities on Thursday (Jun 18):
2 hours ago
Onitsuka Tiger pivots from Asics stripes to tap luxury market
The 77-year-old sneaker maker is set to be spun off from parent company on Jan 1
3 hours ago
Nvidia supplier SK Hynix ships samples of next-generation chips to major customers
SEOUL, June 18 : SK Hynix said on Thursday it has shipped samples of its latest high-bandwidth memory (HBM) chips to major customers, as the South Korean chipmaker seeks to strengthen its position in the fast-growing AI semiconductor market.The next-generation 12-layer HBM4E chip reaches speeds of u ...
3 hours ago
Microsoft makes big AI inroads in China by selling OpenAI models
The company operates multiple data centre regions in the country, near Beijing and Shanghai
3 hours ago
The future of Orchard Road rests on having a cohesive vision
Lee Su Shyan - Singapore’s famed shopping belt is losing ground to its regional rivals
3 hours ago
Half of Japan firms see post-Iran war recovery taking over 6 months: Reuters Poll
TOKYO, June 18 : Nearly half of Japanese firms believe it will take more than six months for their business operations to return to normal after a ceasefire is achieved between the United States and Iran, a Reuters survey showed on Thursday. The survey took place before Washington and Tehran's ...
3 hours ago
As Singapore’s construction sector goes green, portable ‘power banks’ are leading the charge
Russell Marino Soh - Clean-energy firm GoRental’s battery systems offer a cheaper, quieter alternative to diesel-powered generators
3 hours ago
Gold advances as peace deal optimism counters hawkish US Fed
The pact is expected to ease a global energy shock that’s spurred inflation and rate hike bets
3 hours ago
Gold falls as hawkish US Fed stokes 2026 interest-rate hike wagers
Higher rates are typically negative for the precious metal as it pays no interest
3 hours ago
US and Iran presidents sign ceasefire agreement, but Trump says he could still resume attacks
Iran’s foreign ministry says the agreement was already in effect as of Jun 17
3 hours ago
Trump, Iran’s president sign deal to end war
The fate of a planned signing ceremony set to take place in Switzerland on Friday was unclear
3 hours ago
Iran MOU was signed on Jun 17 by Trump, Iran president, says US official
The fate of a planned signing ceremony set to take place in Switzerland on Friday was unclear
4 hours ago
Nippon Steel 'not yet satisfied' with US Steel reforms, Nikkei reports
June 18 : Nippon Steel has seen positive results from efforts to improve operations at U.S. Steel, one year after its acquisition, but is not yet satisfied with the pace of reforms, the Nikkei newspaper reported on Thursday, citing the steelmaker's vice chairman and executive vice president.&qu ...
4 hours ago
EU cybersecurity agency to meet Anthropic on Thursday, EU Commission says
BRUSSELS, June 17 : The European cybersecurity agency Enisa will hold a meeting with U.S. artificial intelligence company Anthropic on Thursday in San Francisco, a European Commission spokesperson told reporters on Wednesday.The meeting follows an invitation by Anthropic and was scheduled before a U ...
4 hours ago
Wall Street sinks on bets Fed will hike rates in 2026
In his first meeting as Fed Chair, Warsh says the central bank would deliver on price stability
4 hours ago
Oil ticks higher as traders await signing of US-Iran deal
Crude prices are down over 30% from their peak during the conflict
4 hours ago
European shares end higher as markets await Iran deal details, Fed policy; BMW slides
Attention will shift to the Fed’s monetary policy decision later in the day
4 hours ago
Vietnam workers keenest on AI in South-east Asia; Singapore employees among most sceptical: survey
Evan See - The Republic’s labour force doubts AI’s productive capacity, and is wary about its impact on job security
4 hours ago
Commentary: Anthropic’s retreat is a win for Chinese open-source AI
Cheaper AI was already a major selling point for Chinese labs, and now they can add that they’re more reliable, says Catherine Thorbecke for Bloomberg Opinion.
5 hours ago
Kevin Warsh kicks off US Fed chief tenure with sweeping review as rates remain unchanged
The statement marks a turning point not just in leadership at the central bank but in a monetary policy outlook
5 hours ago
Rumble rebrands to RUM Group after Northern Data buyout
June 17 : Rumble, which hosts U.S. President Donald Trump's Truth Social platform, said it would begin operating as 'RUM Group' and oversee a new AI-focused business unit in addition to its existing video platform.The move, announced on Wednesday and effective from June 18, comes afte ...
5 hours ago
Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says
LOS ANGELES, June 17 : Chinese regulators have cleared the Paramount Skydance-Warner Bros Discovery merger, according to a source familiar with the decision. (Editing by Franklin Paul)
5 hours ago
Apple to raise prices due to memory chip shortage, CEO tells WSJ
June 17 : Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies ...