18 minutes ago
Silver’s one-year 180% bull run: What to know about investing in it versus gold
Chloe Lim - The use of digital silver accounts to manage silver investments has gained traction recently
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
24 minutes ago
Apple, Google strike Gemini deal for revamped Siri in major win for Alphabet
The iPhone maker has faced a series of setbacks on the AI front after being late to the race
33 minutes ago
Strong January lifts odds of another record year for STI, further upside ahead: OCBC
Shikhar Gupta - It is often a ‘good period’ for investors to reposition their portfolios
49 minutes ago
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
The company is the fourth company to hit the US$4 trillion milestone after Nvidia, Microsoft and Apple
1 hour ago
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand
2 hours ago
US urges partners and allies to increase critical minerals supply chain resiliency
[WASHINGTON] US Treasury Secretary Scott Bessent held a meeting on Monday with ministers from different US partners and allies “to discuss solutions...
2 hours ago
Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
Boeing will issue its own full-year data on Tuesday
2 hours ago
Citi to cut about 1,000 jobs this week
The company also plans to report full-year results on Wednesday
2 hours ago
Trump vows 25% tariff on goods from Iran ‘business’ partners
The country has experienced weeks of mass unrest
2 hours ago
Fitch Ratings says Fed independence is key factor for US sovereign rating
[NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US...
2 hours ago
Supertankers sailing to pick up Venezuelan oil for China make U-turns, ship data shows
[HOUSTON] Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes made U-turns and were headed back to...
2 hours ago
Powell probe stirs GOP concern, threat to stop Trump nominee
The US president has for months pressured the Federal Reserve to quickly and deeply cut interest rates
2 hours ago
Oil prices settle at 7-week high on worries about Iran exports
[NEW YORK] Oil prices climbed and settled at seven-week highs on Monday on worries that Iran’s exports could decline as the sanctioned Opec...
3 hours ago
Meta plans to cut 10% of jobs at company’s Reality Labs division
The division has roughly 15,000 employees
3 hours ago
European shares end choppy session at record high
EUROPEAN shares ended Monday’s session at a record high, although gains were small as the US government’s threat to indict Federal Reserve...
3 hours ago
US stocks: Wall Street indexes finish higher with tech, Walmart
[NEW YORK] The S&P 500 and Dow registered record closing highs on Monday, with shares of technology companies and retailer Walmart gaining...
3 hours ago
Brazil's antitrust body opens investigation into WhatsApp business tool
SAO PAULO, Jan 12 : Brazilian antitrust body CADE said on Monday it had opened an investigation into the new terms of Meta's WhatsApp Business tool, adding it would also suspend the tool's new terms in Brazil while it evaluates the case.In a statement, CADE said that there are potential an ...
3 hours ago
Meta plans to cut around 10% of employees in Reality Labs division, NYT reports
Jan 12 : Meta plans to cut around 10 per cent of the employees in its Reality Labs division who work on products including the metaverse, the New York Times reported on Monday, citing three people with knowledge of the discussions.The cuts to Reality Labs, which has roughly 15,000 employees, could b ...
6 hours ago
Meta to establish 'Meta Compute' initiative to build gigawatt-scale capacity
Jan 12 : Meta will establish Meta Compute to construct tens of gigawatts of computing infrastructure this decade and hundreds of gigawatts more in the future, CEO Mark Zuckerberg said on Monday.The Meta Compute effort will be spearheaded by Santosh Janardhan, Meta's head of global infrastructur ...
6 hours ago
Meta unveils 'Meta Compute' initiative to build AI infrastructure
Jan 12 : Meta has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media company's global fleet of data centers and supplier partnerships in its pursuit of superintelligence.CEO Mark Zuckerberg said on Monday that the new i ...
7 hours ago
Astronomers spot white dwarf star creating a colorful shockwave
WASHINGTON, Jan 12 : Astronomers have observed a white dwarf - a highly compact Earth-sized stellar ember - that is creating a colorful shockwave as it moves through space, leaving them searching for an explanation.The highly magnetized white dwarf is gravitationally bound to another star in what is ...
7 hours ago
US-Taiwan near trade deal to lower tariff, boost TSMC facilities, NYT reports
WASHINGTON, Jan 12 : The Trump administration is nearing a trade deal with Taiwan to reduce its tariff rate to 15 per cent and commit Taiwan Semiconductor Manufacturing Corporation to building at least five more facilities in Arizona, the New York Times reported on Monday, citing three people famili ...
9 hours ago
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
The latest funding takes the total investment in the company to US$3 billion
9 hours ago
Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
Jan 12 : Alphabet hit a $4 trillion market valuation on Monday, as the Google parent's sharpened artificial intelligence focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes race.The tech giant on Wednesday surpassed Apple in market capitalization for t ...
9 hours ago
Meta to exclude Italy from rival chatbot ban on WhatsApp
BRUSSELS, Jan 12 : Meta Platforms will exclude Italy from its ban on rival AI chatbots on WhatsApp following an order from the country's antitrust authority, according to a notice sent to AI providers and developers seen by Reuters.The Italian watchdog AGCM last month ordered Meta to suspend it ...
9 hours ago
Morocco targets $10 billion AI contribution to GDP by 2030
RABAT, Jan 12 : Morocco is targeting a 100 billion dirhams ($10 billion) boost to its gross domestic product from artificial intelligence by 2030, the minister in charge of digital transition said on Monday, as the country steps up its investment in training programmes, sovereign data centres and cl ...
9 hours ago
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer
10 hours ago
Wall Street falls at open on worries over Fed autonomy
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Jan 12) after the Trump administration renewed its attacks on the Federal...
10 hours ago
How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes
10 hours ago
Meta hires ex-Trump adviser Dina Powell McCormick as president, vice-chairman
She will guide overall strategy with a particular focus on Meta’s AI infrastructure efforts
11 hours ago
Former Trump adviser Dina Powell McCormick named Meta's president
Jan 12 : Meta Platforms on Monday named former Trump administration official Dina Powell McCormick as its president and vice chairman, boosting the company's lobbying efforts in the U.S. capital.President Donald Trump congratulated Powell McCormick in a post on his Truth Social account minutes ...
11 hours ago
Former Trump adviser Dina Powell McCormick joins Meta as president and vice chairman
Jan 12 : Meta Platforms on Monday named Dina Powell McCormick as its president and vice chairman, weeks after the former top adviser to U.S. President Donald Trump resigned from the social media company's board.Powell McCormick, who spent 16 years in senior leadership roles at Goldman Sachs, ha ...
11 hours ago
Meta appoints former Trump adviser Dina Powell McCormick as president
Jan 12 : Meta Platforms on Monday named Dina Powell McCormick, a former senior official in U.S. President Donald Trump’s first administration, as its president and vice chairman.Powell McCormick, who spent 16 years in senior leadership roles at Goldman Sachs, served as deputy national security adv ...
11 hours ago
StanChart is preparing crypto expansion with prime brokerage
It will house the new business within its wholly owned venture capital unit, SC Ventures