15 hours ago
Singapore stocks edge up 0.2% on Friday to end week higher
Renald Yeo - The iEdge Singapore Next 50 Index is up 2.5% at 1,503.21
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
15 hours ago
Vietnam’s Vingroup signs pact with India's Maharashtra state to explore $6.5 billion investments
April 10 : Vietnamese conglomerate Vingroup said on Friday it had signed an agreement with India's Maharashtra state to explore multi‑sector investments worth $6.5 billion.
15 hours ago
Vietnam’s Vingroup signs pact with India's Maharashtra to explore $6.5 billion investments
April 10 : Vietnam's largest conglomerate Vingroup on Friday signed a memorandum of understanding with India's Maharashtra's state government to explore $6.5 billion in investments aimed at building a multi-sector ecosystem in the financial capital.The move will deepen Vingroup's ...
15 hours ago
Analysis:Crypto giant Kraken's Fed payment account sparks concerns about risks
April 10 : Crypto giant Kraken's landmark Federal Reserve master account comes with restrictions aimed at mitigating risks, but it - and others likely to follow in its wake - could still create vulnerabilities for the U.S. financial system. Founded in 2011, Wyoming-based Kraken is one of the wo ...
15 hours ago
White House warns staff on insider trading amid Iran war bets
This comes after a series of recent well-timed and profitable wagers raised questions
15 hours ago
Chinese energy storage firms push harder overseas as orders boom
Large-scale storage exports rise 130%; residential systems climb over 65%
15 hours ago
Bangkok-based Minor Hotels builds data and AI platform to sharpen guest personalisation
Nurdianah Md Nur - Bangkok-based Minor Hotels is building a global data and artificial intelligence (AI) platform with partners including Google Cloud, Salesforce, OneTrust and Deloitte, as the hospitality group moves to consolidate customer data and sharpen how it engages guests. The new system will unify guest data, ...
16 hours ago
Hong Kong grants first stablecoin licences to StanChart joint venture, HSBC
HONG KONG, April 10 : Hong Kong has issued its first batch of licences for fiat-backed stablecoins, marking a major step in the city's push to develop regulated digital currencies in global finance and trade.The Hong Kong Monetary Authority (HKMA) said on Friday it had approved HSBC and a joint ...
16 hours ago
Apple leads global smartphone shipments in first quarter, Counterpoint says
April 10 : iPhone-maker Apple led smartphone shipments in the first quarter, growing 5 per cent year-on-year, even as overall global shipments remained under pressure due to a shortage of memory components and weak consumer sentiment, Counterpoint Research said on Friday.
16 hours ago
Apple leads smartphone market even as overall shipments decline, Counterpoint says
16 hours ago
Fuel shock meets faith: Iran war drives up pilgrimage costs for South-east Asian Muslims
Elisa Valenta - Surging oil prices are forcing airlines to balance rising costs with their commitment to transport pilgrims
16 hours ago
Just what the doctor ordered: Temasek-backed Foundation Healthcare eyes regional push
Renald Yeo - It will consider new equity for expansion via acquisitions or greenfield projects
16 hours ago
Alibaba claims viral Happy Horse AI model in latest breakthrough
This comes amid the Chinese company’s push to remake itself into a leading player in artificial intelligence
16 hours ago
Singapore’s hunt for AI stars risks alienating small players
The government is going well beyond the US$700 million it has committed to artificial intelligence research
16 hours ago
DBS initiates ‘buy’ on Wee Hur Holdings with TP of 90 cents
Felicia Tan - DBS Group Holdings analysts Ng Jia Hui, Derek Tan and Geraldine Wong have initiated “buy” on Wee Hur Holdings as the Mainboard-listed construction company seeks to diversify its operations to include property development, workers’ accommodation and purpose-built student accommodation (PBSA). C ...
17 hours ago
DBS initiates coverage on Wee Hur with ‘buy’, S$0.90 target price
Shikhar Gupta - The Pioneer Lodge dormitory is set to contribute S$30 million to S$40 million in revenue in 2026
17 hours ago
SpaceX begins installing equipment at Texas facility, eyes year-end production, sources say
TAIPEI, April 10 : SpaceX has begun installing equipment at its advanced chip packaging facility in Bastrop, Texas, as the satellite and rocket company aims to begin production there by the end of this year, two sources familiar with the matter told Reuters.One of the sources said the timeline had s ...
17 hours ago
Canada's Cohere, Germany's Aleph Alpha in merger talks, Handelsblatt reports
FRANKFURT, April 10 : Artificial intelligence companies Cohere of Canada and Aleph Alpha of Germany are in talks to merge and have Berlin's support for a potential deal, newspaper Handelsblatt reported late on Thursday.Citing government and industry sources, the paper said that the German gover ...
17 hours ago
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Ry-Anne Lim - Returns are often lower than equities, but policy and psychology keep property at the centre of wealth
17 hours ago
Hyundai to recall over 294,000 US vehicles over seat belt anchor defect
18 hours ago
Thailand has limited ammunition to address economic problems, says finance minister
18 hours ago
Thailand will introduce support measures to ease impact of high oil prices, minister says
18 hours ago
Banks, blue chips see heavy trade on SGX in volatile Q1
Deon Loke - Turnover is high among stocks viewed as anchors of stability or those positioned to navigate supply chain disruptions
18 hours ago
South Korea Justice Minister reassures investors on corporate governance reform
GWACHEON, South Korea, April 10 : South Korean Justice Minister Jung Sung-ho said Seoul's regulations will remain transparent for investors, stressing that President Lee Jae Myung's government would continue to take on corporate governance reform despite stiff opposition from business.Sinc ...
18 hours ago
China's factories snap years-long deflation spell on Iran war price shock
BEIJING: China's factory-gate prices rose for the first time in more than three years in March, in an early sign that the war in Iran is feeding cost pressures into the world’s second-largest economy.
18 hours ago
Science Centre Singapore puts service robots to work in public-facing trial
Nurdianah Md Nur - Science Centre Singapore has introduced six robots into its galleries to perform roles typically handled by staff, including guiding visitors and ushering. The pilot gives visitors a chance to see how robotics can support learning and engagement in a public setting, while allowing the organisation t ...
19 hours ago
Singapore, Australia commit to keep LNG, diesel flowing; working on legally binding agreement
This pact on economic resilience and essential supplies will span energy and other critical sectors
19 hours ago
Data governance hurdles slow AI adoption for managed service providers
Nurdianah Md Nur - Data governance and compliance challenges have emerged as the biggest barrier to enterprise artificial intelligence (AI) adoption, with 51% of managed service providers (MSPs) globally identifying them as the primary obstacle. This reflects a broader shift as AI moves beyond pilot projects into live ...
19 hours ago
TSMC's Q1 revenue jumps 35% y/y, beats market forecasts
TAIPEI, April 10 : The world's largest contract chipmaker, TSMC, reported first-quarter revenue of T$1.134 trillion ($35.71 billion) on Friday, rising 35 per cent on the year to beat market forecasts on surging interest in artificial intelligence (AI) applications.January-March revenue of T$1.1 ...
19 hours ago
TSMC's Q1 revenue jumps 35% y/y, beats market forecast
TAIPEI, April 10 : TSMC, the world's largest contract chipmaker, reported on Friday first-quarter revenue of T$1.134 trillion ($35.71 billion), beating the market forecasts and up 35 per cent on the year ago period on surging interest in artificial intelligence (AI) applications.An LSEG SmartEs ...
19 hours ago
TSMC's first-quarter revenue surges as AI interest propels sales beyond market forecasts
(Corrects trillion, not billion, Taiwanese dollars in the third paragraph)TAIPEI, April 10 : TSMC, the world's largest contract chipmaker, on Friday reported a 35 per cent surge in first-quarter revenue, beating market forecasts, thanks to unabated interest in artificial intelligence applicatio ...
20 hours ago
Airline pilots fear retribution over refusing to fly in Middle East, aviators’ group says
Pilots lament a lack of guidance on risks
20 hours ago
Payments infrastructure – not apps – will define South-east Asia fintech’s next decade
Four critical developments point to where payments in the region are heading next
20 hours ago
Trending with institutional investors, ValueMax changes perceptions of the pawnbroking business
Lin Daoyi - In mass media, pawnshops are often portrayed as places where everyday folks try to pawn family heirlooms for money. A stereotypical scene involves a customer reluctantly passing their treasured possessions to the scowling pawnbroker — usually sitting behind a high counter with grills — who would ...