22 minutes ago
Hong Kong insurance regulator vows crackdown on rule-breakers
This includes companies that evade recent curbs on broker fees and policy rates
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
32 minutes ago
Britain to ban social media for under-16s
LONDON, June 15 : British Prime Minister Keir Starmer said on Monday he would ban social media sites for all under-16s, saying it was needed to protect the wellbeing of children.
34 minutes ago
China bonds emerge as surprise haven as Iran war reshapes portfolios
Near-zero correlation with Western markets draws foreign buyers
36 minutes ago
Jobs requiring AI skills command pay premiums in Singapore: PwC
Nurdianah Md Nur - Singapore employers are seeking workers who can use artificial intelligence (AI) in their day-to-day jobs. Such roles accounted for 82% of AI-related job postings last year, outnumbering jobs for AI developers, according to PwC’s 2026 Global AI Jobs Barometer for Singapore. PwC defines AI user job ...
51 minutes ago
Australia’s ASX admits to misleading on software upgrade, agrees to A$20.5 million penalty
It will also pay A$3 million towards ASIC’s costs in addition to the penalty
57 minutes ago
Singapore public sector commands highest AI salary premium as job postings surge: PwC study
Shikhar Gupta - The share of artificial intelligence-related listings is up at 5.3% in 2025, from 3.3% the previous year
1 hour ago
Musk says SpaceX could bring US$1 trillion in revenue by 2030
However, some Wall Street analysts cautioned about the company’s growth
1 hour ago
Inference: The unsung hero of enterprise AI in Asia Pacific
Jay Tuseth - Across Asia Pacific and Japan (APJ), the AI conversation has been dominated by the glamour of model training: building increasingly complex language models, sourcing vast datasets, and running GPU clusters that rival the cost of major infrastructure projects. Yet this is only half the story. The rea ...
1 hour ago
Analysis:Why an Iran peace deal won't pull the yen back from the brink
TOKYO, June 15 : War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up - a peace deal, however, won't pull it back from the precipice.Stocks and bonds soared on Monday on news of the planned Iran-U.S. halt to a war that has inflamed gl ...
1 hour ago
Singapore sells less marine fuel in May, likely due to cheaper bunker in China
Tay Peck Gek - Although prices have dropped, they are still much higher than before the conflict in the Middle East
2 hours ago
Starbucks Korea to give staff history training after backlash over marketing campaign in South Korea
The coffee chain faces widespread criticism and suffers a “very significant” drop in sales after last month’s campaign
2 hours ago
Starbucks Korea to give staff history training after backlash over marketing campaign
The coffee chain faces widespread criticism and suffers a “very significant” drop in sales after last month’s campaign
2 hours ago
Musk says SpaceX could bring $1 trillion in revenue by 2030
June 15 : Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. "And I would be surprised if revenue is not greater than $1T in 2031," he wrote on ...
2 hours ago
India's Electronics Mart eyes new markets as tech hubs fear job losses
June 15 : Hyderabad-based Electronics Mart India is looking to diversify away from the technology hub as concerns grow that potential AI-triggered job losses could hurt consumer spending, a top executive said.The retailer gets about 60 per cent of its revenue from Hyderabad, which hosts offices of g ...
2 hours ago
New private home sales fall to three-month low in May with 447 units sold
Chong Xin Wei - Still, the latest May sales figure was 43.3 per cent higher than its equivalent in the same month a year earlier
3 hours ago
BBC to cut hundreds of jobs in Britain in news division downsize: Report
Departments across BBC have been ordered to cut about a tenth of their costs under wider plans expected to result in a total of about 2,000 jobs lost to save hundreds of millions of pounds, according to a Financial Times report.
3 hours ago
South Korea watchdog probes brokerage over failed SpaceX IPO share allocation
The move comes after Mirae Asset failed to secure SpaceX shares despite accepting investor deposits
3 hours ago
Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up
Elysia Tan - Labour market conditions should stay resilient, but firms will be more cautious in hiring, raising wages: MOM
3 hours ago
Singapore retrenchments climb in Q1, with sharpest rise in incidence among degree holders, older workers: MOM
The notable shift in retrenchment incidence among higher-educated workers reflects the ongoing restructuring in the professional and knowledge-intensive sectors, says the ministry.
3 hours ago
Investment story trumps size for Reits; the key is to be sufficiently differentiated
Leslie Yee - Learning lessons from the contrasting fortunes of Centurion Accommodation Reit and UI Boustead Reit
4 hours ago
SpaceX’s shares ‘significantly overvalued’, says Morningstar analyst
Felicia Tan - SpaceX’s shares, priced at US$135 ($173.05) at its initial public offering (IPO), are “significantly overvalued” due to the “wide range” of likely financial outcomes, says Morningstar analyst Nicolas Owens. The company debuted on the Nasdaq on June 12 with shares trading at US$150, 11% abo ...
4 hours ago
Starbucks Korea to shutter outlets for history lessons after 'Tank Day' fiasco
All employees at Starbucks Korea stores will "receive education in historical awareness and social sensitivity through watching videos", said Shinsegae Group, which operates the outlets.
4 hours ago
Shipowners seek clarity on US-Iran deal to open Hormuz as 600 vessels eye exit from strait
With limited information so far, there was little activity in the strait in the early hours of Jun 15
4 hours ago
Asia hedge funds notch triple-digit gains in AI-led rally
Regional stock indexes hit record highs as AI demand and supply constraints drive gains
4 hours ago
ByteDance in talks with China’s Iluvatar CoreX to purchase AI chips: sources
The potential deals demonstrate that efforts by Chinese chipmakers to offer alternatives to foreign AI chips are gaining traction
5 hours ago
Top banks rush to fill chief AI roles as talent jumps to rivals
The jobs can command salaries of nearly US$3.5 million per year
5 hours ago
India's Razorpay files IPO papers confidentially
June 15 : Indian payment gateway services provider Razorpay Software has confidentially filed draft papers for an initial public offering, a newspaper advertisement showed on Monday.The confidential route allows IPO-bound firms to keep their filings private until the launch of the public issue.Finan ...
5 hours ago
Japanese stocks surge, government bond yields tumble as US, Iran reach peace deal
The Nikkei 225 Index jumped as much as 5.5 per cent to 69,657.09, surpassing the 69,000 level for the first time.
5 hours ago
US Fed’s Kevin Warsh caught between Trump and bond market betting on rate hikes
Inflation is roaring back at the fastest pace in three years
5 hours ago
Restoring trust and human authenticity in a synthetic internet
Andrew Hsu - There is a Singapore statistic that should stop every business leader mid-sentence: deepfake fraud in the city-state rose by roughly 1,500% year-on-year in 2025. That is not simply a cybersecurity concern. It reflects a broader erosion of trust across digital systems increasingly shaped by AI-genera ...
5 hours ago
Iran peace deal won't change BOJ's rate-hike plans, ex-central bank economist says
TOKYO, June 15 : A peace agreement between the United States and Iran likely won't change the Bank of Japan's expected move to deliver two interest rate hikes this year, the central bank's former top economist Seisaku Kameda said on Monday.With price pressures on the rise, the BOJ is ...
5 hours ago
ExxonMobil studies takeover targets including Australia’s Woodside Energy
An LNG-focused deal has become a more serious priority since the start of the war in Iran in late February
5 hours ago
Japanese shippers await details on Hormuz reopening, mine clearance
TOKYO, June 15 : Japanese shippers welcomed on Monday the U.S.-Iran peace agreement which will reopen the Strait of Hormuz but are awaiting more details of the deal and clearance of mines before allowing their ships to pass the chokepoint.According to the association, 38 Japanese-linked vessels rema ...
6 hours ago
Singapore to establish OTC gold clearing system, introduce central bank gold-vaulting services
MAS will remove a 5 per cent cap on physical investment precious metals under tax-incentive schemes for eligible funds and family offices