60 minutes ago
Hudson Place Residences sells 61.5% of units on launch weekend at average price of S$2,458 psf
Goh Ruoxue - All 14 of the project’s three-bedroom deluxe units are off the market
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 hour ago
SM Lee to make five-day visit to Guangxi and Shanghai
Tan Weizhen - The May 18-22 trip will see him make site visits to understand Guangxi’s role in advancing Asean-China connectivity
3 hours ago
‘Three months to decide, three years to list’: Singapore noodlemaker Leong Guan eyes growth after IPO
Evan See - The company is aiming for new acquisitions and export markets among its post-listing goals
3 hours ago
‘Three months to decide, three years to list’: Local noodlemaker Leong Guan eyes growth after IPO
Evan See - The company is aiming for new acquisitions and export markets among its post-listing goals
3 hours ago
Trump-Xi summit: tactical concessions but little strategic breakthrough
Both Beijing and Washington can claim some kind of victory from the summit without giving up much
4 hours ago
Singapore launches first EV fast-charging hub within a HDB carpark at Tengah
Derryn Wong - The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output
4 hours ago
Singapore launches first EV fast-charging hub within an HDB car park at Tengah
Derryn Wong - The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output
4 hours ago
Singapore a ‘trusted partner’ in shaping regional trade rules, says UK’s investment minister
Lee U-Wen - There is growing interest from Singaporean investors in priority areas such as venture capital for emerging technologies and infrastructure, says Jason Stockwood
5 hours ago
Data centre firm DayOne considering SGX-Nasdaq dual-listing for US$5 bil IPO
The Edge Singapore - Data centre operator DayOne is "considering" a US$5 billion dual Singapore-Nasdaq IPO, according to Reuters, citing an unnamed source. If so, this listing will likely be one of the first under the so-called Global Listing Board (GLB), which lets companies with a market cap of at least $2 b ...
5 hours ago
Data centre firm DayOne poised to be 'one of the first' to tap SGX-Nasdaq dual-listing platform for US$5 bil IPO: FT
The Edge Singapore - Data centre operator DayOne plans to raise some US$5 billion via an IPO that will be 'one of the first" to tap the new dual Nasdaq-Singapore listing platform, according to the Financial Times. Via the so-called Global Listing Board (GLB), companies with a market cap of at least $2 billion ...
6 hours ago
DayOne considering dual IPO in Singapore and US, FT reports
GLOBAL data centre operator DayOne is considering a dual initial public offering in Singapore and the US though the Singapore plans are not...
6 hours ago
DayOne plans dual IPO in Singapore and US, FT reports
GLOBAL data centre operator DayOne, affiliated with China’s GDS Holdings, is planning to list simultaneously in Singapore and the US in a...
7 hours ago
South Korea says it will pursue all options to avoid Samsung strike
Just one day of suspension at Samsung Electronics' semiconductor factory is expected to incur direct losses of as much as US$667.68 million, said Prime Minister Kim Min-seok.
7 hours ago
Bond sell-off threatens to knock AI stock frenzy off course
The bond market looms large in stock investors’ peripheral vision as the main threat to equities
9 hours ago
Tata Electronics and ASML partner on India’s first semiconductor fab
India has pledged billions of dollars in subsidies to attract semiconductor-related plants
9 hours ago
Tesla raises prices of Model Y cars in the US for the first time in two years
TESLA raised the prices of its Model Y cars in the United States on Saturday, according to its website.
10 hours ago
China signals lower levies, advances in farm trade with US following Trump-Xi summit
Beijing did not provide more specifics, adding that both teams are still currently negotiating over the details
10 hours ago
China agrees to lower levies, expand farm trade with US following Trump-Xi summit
Beijing did not provide more specifics, adding that both teams are still currently negotiating over the details
10 hours ago
US, Iran stall on Hormuz strait reopening as oil supplies tighten
Brent crude has jumped about 50% since the start of the war
13 hours ago
Commentary: AI alone cannot shorten the work week
The technology could raise prices and consumption before it gives us more free time, says Adam Shaw for the Financial Times.
14 hours ago
China signals tariff cuts, advances in farm market access after Trump-Xi summit
Market watchers expect a 10 per cent cut in soybean tariffs, which could allow private Chinese crushers to resume purchases that were largely sidelined during last year's US harvest, when state crop traders were the only buyers.
19 hours ago
BlackRock weighs multibillion-dollar investment in SpaceX IPO, the Information reports
May 16 : BlackRock has discussed investing $5 billion to $10 billion in SpaceX's initial public offering next month, the Information news outlet reported on Saturday, citing people familiar with the matter.Reuters could not immediately verify the report.
1 day ago
OpenAI seals deal in Malta to give all Maltese access to ChatGPT Plus
May 16 : U.S. artificial intelligence company OpenAI said on Saturday it had signed a deal with the government of Malta to give all residents access to its ChatGPT Plus service for one year after they follow a course on how to use AI.• The programme will start in May and is expected to scale up as ...
1 day ago
BOJ's Himino calls for 'holistic approach' on global monetary system
TOKYO, May 16 : Bank of Japan Deputy Governor Ryozo Himino on Saturday called for a "holistic approach" in designing the global future monetary system that does not confine options to central bank digital currencies and stablecoins.The U.S. prohibits the issuance of CBDCs and promotes stab ...
1 day ago
Bill Ackman says Alphabet stake sale not a bet against the company
May 16 : Billionaire investor Bill Ackman said on Saturday that the sale of Google parent Alphabet's shares was not a bet against the company.Ackman on Friday said his firm Pershing Square had built a new position in tech giant Microsoft after its stock price dropped recently, and sold his long ...
1 day ago
Starbucks to open first corporate office in India for tech jobs
The company has cut more than 2,000 jobs since February of last year
1 day ago
Arm Holdings to face US antitrust probe over chip tech
The FTC investigation is the latest escalation in a global fight between the companies
1 day ago
SpaceX holders sign off on 5-for-1 stock split ahead of IPO
The electric-car maker split its shares in August 2022 and two years earlier
1 day ago
VinFast seeks to shed most debt with Vietnam factory spinoffs
The company will separate its manufacturing operations into a standalone company
1 day ago
Consumers sue Amazon for not refunding Trump tariff costs
The lawsuit asserts claims of unjust enrichment and violation of Washington state’s consumer-protection law
1 day ago
SpaceX accelerates IPO timeline, targets June 12 listing on Nasdaq: sources
The company’s debut comes at a pivotal moment for the IPO market
1 day ago
Global bonds battered as flaring inflation spooks investors
Rising Treasury yields have a broad impact on other assets around the globe
1 day ago
Fed names Powell chair pro tempore until Warsh sworn in
The incoming Fed chief has pledged to divest sizeable financial assets before taking office
1 day ago
YouTube, Snap and TikTok settle school district's social media addiction claims
May 15 : Alphabet's YouTube, Snap and TikTok have reached settlements in the first case set for trial in litigation seeking to force social media platforms to cover the costs school districts incur to combat a youth mental health crisis they say the companies fueled. The settlements were detail ...