6 hours ago
BHP is stuck on the sidelines of copper M&A frenzy it started
The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
6 hours ago
Japan's Nikkei hits all-time high as markets track Wall Street rally
TOKYO, Jan 13 : Japan's Nikkei share average surged to a record high on Tuesday, playing catch-up with Wall Street's recent two-day rally after a public holiday in the Asian nation.Investor sentiment was further lifted by a sharply weaker yen than when Tokyo last closed on Friday, as a sof ...
6 hours ago
Tokyo stocks jump 3% at open on snap election speculation
TOKYO: Tokyo shares jumped more than 3 per cent on Tuesday (Jan 13) morning on speculation that Prime Minister Sanae Takaichi will call a snap election to capitalise on strong poll numbers.
7 hours ago
Stocks to watch: Thomson Medical, Vin’s Holdings, Alpha Reit
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13):
7 hours ago
Stocks to watch: Thomson Medical, Vin’s Holdings
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13):
7 hours ago
DBS picks gold and defence stocks as winners of geopolitical instability
Lin Daoyi - The DBS CIO team expects gold and defence stocks to perform well in the current era of relatively higher geopolitical tensions. While DBS investment strategist Goh Jun Yong believes that the US attack on Venezuela will not affect energy prices, he thinks that this will cause a “chronically elevate ...
7 hours ago
Trump says Microsoft to make changes to curb data center power costs for Americans
Jan 12 : U.S. President Donald Trump said on Monday that Microsoft will make "major changes" this week to ensure U.S. consumers do not pay more for electricity because of data centers' power consumption, and his administration was working with other technology companies on the issue o ...
7 hours ago
Japan finance minister says US Treasury's Bessent shares concerns about weak yen
Jan 13 : Japan's Finance Minister Satsuki Katayama said she and U.S. Treasury Secretary Scott Bessent shared concerns over what she called the yen's recent "one-sided depreciation", as Tokyo stepped up threats of intervention to stem the currency's fall.Katayama's comme ...
7 hours ago
Japan finance minister says US Treasury's Bessent shares concerns over weak yen
Jan 13 : Japan's Finance Minister Satsuki Katayama said she and U.S. Treasury Secretary Scott Bessent shared concerns over what she called the yen's recent "one-sided depreciation", after the Japanese currency hit one-year lows."I conveyed my deep concern over the one-sided ...
7 hours 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
7 hours 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
7 hours 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
7 hours 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
8 hours 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
8 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...
8 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
8 hours ago
Citi to cut about 1,000 jobs this week
The company also plans to report full-year results on Wednesday
8 hours ago
Trump vows 25% tariff on goods from Iran ‘business’ partners
The country has experienced weeks of mass unrest
9 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...
9 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...
9 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
9 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...
9 hours ago
Meta plans to cut 10% of jobs at company’s Reality Labs division
The division has roughly 15,000 employees
9 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...
9 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...
9 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 ...
10 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 ...
10 hours ago
Meta plans to cut around 10% of employees in Reality Labs division: Report
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 (Jan 12), citing three people with knowledge of the discussions.The cuts to Reality Labs, which has roughly 15,000 employees, could b ...
13 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 ...
13 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 ...
13 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 ...
14 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 ...
15 hours ago
12 strata retail units at Bukit Timah Shopping Centre up for sale at $40 mil
Jovi Ho - A portfolio of 12 strata retail units within Bukit Timah Shopping Centre is up for sale at a combined indicative price of $40 million, according to Colliers, the exclusive marketing agent for the transaction. The portfolio has been divided into four clusters, each comprising two to six strata units, ...
15 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