8 hours ago
JustCo’s the boring office to open first CBD co-working space
Chloe Lim - The brand is aimed at entrepreneurs, startups and SMEs seeking an affordable central location
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
EU joins US-led 'Pax Silica' on securing AI, chip supply chains
BRUSSELS, June 25 : The European Commission has joined the U.S. initiative "Pax Silica", a group of U.S.-allied countries cooperating to secure supply chains needed for artificial intelligence, European Commission spokesperson Paula Pinho said on Thursday.Pax Silica is an effort by the U.S ...
8 hours ago
Ghosn says calls for his Nissan return show investor anger over results
BEIRUT, June 25 : Former Nissan Chairman Carlos Ghosn said calls by some shareholders for his return reflected deep anger over years of failed turnaround plans, accusing the automaker's leadership of squandering value and losing direction since his 2018 ouster.In an interview with Reuters, Ghos ...
8 hours ago
BlackBerry lifts annual revenue forecast as QNX unit powers growth, shares rise
June 25 : BlackBerry raised its annual revenue forecast on Thursday, betting on continued momentum for its QNX division following the completion of its turnaround efforts, sending its Toronto-listed shares up around 19 per cent.Once a powerhouse in the smartphone industry, BlackBerry has shifted its ...
8 hours ago
BlackBerry lifts annual revenue forecast as QNX unit powers growth
June 25 : BlackBerry raised its annual revenue forecast on Thursday, betting on continued momentum for its QNX division following the completion of its turnaround efforts, sending its U.S.-listed shares up around 8 per cent in premarket trading.Once a powerhouse in the smartphone industry, BlackBerr ...
9 hours ago
MoneyMax prices RM200 million 3-year fixed-rate notes at 5.7%
Ry-Anne Lim - Separately, the company announces that its shares have been included in the CPF Investment Scheme
9 hours ago
IBM unveils tech for chip smaller than 1 nanometer in AI computing push
Chipmakers are searching for ways to cram more computing power into smaller spaces
9 hours ago
Singapore investors are reshaping portfolios with a focus on capital preservation: survey
Ranamita Chakraborty - They are also emphasising active management and cross-asset investing across public and private markets
9 hours ago
Data centre developers expected to increase fuel cell investment tenfold to US$30 billion by 2030
Lin Daoyi - A report by Rystad Energy projects US data centre developers to spend up to US$30 ($39) billion by 2030 on fuel cells, driven by demand for AI computing power. This represents a tenfold increase from US$2.8 billion in 2025. Rystad believes that major operators are gaining confidence in fuels cells a ...
9 hours ago
Canadian workers have few protections against workplace surveillance as TD starts monitoring
TORONTO, June 25 : Canadian employees have few legal protections against workplace monitoring, experts said, after TD Bank told some staff it would use software to track their work activity, raising concerns about consent and privacy.There are limits, however, to the reasons employers monitor their ...
10 hours ago
EU targets Amazon, Microsoft cloud units for Big Tech “gatekeeper” rules
BRUSSELS, June 25 : EU antitrust regulators said Amazon and Microsoft's cloud computing services should be designated as “gatekeepers” under landmark tech rules, a step that would subject them to strict obligations aimed at curbing market power.The designation under the Digital Markets Act ...
10 hours ago
Amazon, Microsoft cloud computing services should fall under EU tech rules, EU regulators say
BRUSSELS, June 25 : Amazon and Microsoft's cloud computing services should be designated gatekeepers under EU rules aimed at reining in the power of Big Tech, EU antitrust regulators said on Thursday.Amazon Web Services and Microsoft Azure, the two largest cloud providers globally, should be de ...
10 hours ago
JP Morgan reiterates overweight for CLI as it ramps up listed and unlisted FUM
The Edge Singapore - CapitaLand Investment (CLI) began trading on Sept 20, 2021. As its fifth anniversary approaches, where does it stand? For much of the time since 2021, China was beset with problems from a property bust and growth slowdown, and currently intense competition from overcapacity from electric vehicles to ...
10 hours ago
SingHealth taps on iPhones and iPads to cut time spent recording patient recovery
Nurdianah Md Nur - SingHealth is using iPhones and iPads to standardise wound documentation and assess patient mobility. The move aims to reduce paperwork and give clinicians a clearer record of recovery across hospitals and community care settings. Wound care and post-surgery recovery have often been recorded in writ ...
10 hours ago
URA releases two smaller housing sites in Sin Ming, Kallang for sale
Ry-Anne Lim - Market watchers expect firm demand for the Sin Ming site; Kallang parcel may remain on the reserve list
10 hours ago
As Europe roasts in a heatwave, Asia’s air-con makers grab some cool cash
Samsung, Midea, and Mitsubishi Electric have benefited from a recent sales boom
10 hours ago
Oil prices fall to prewar levels on rising Middle East supply
Flows through the Strait of Hormuz were close to those before the start of the Iran war, says US Energy Secretary Chris Wright.
10 hours ago
WhatsApp's pick of Indian fintech founder signals scale of payment ambitions
MUMBAI, June 25 : Kunal Shah, an Indian fintech founder with no engineering degree or Silicon Valley pedigree, has spent two decades building businesses around digital payments and consumer behaviour in India.He now takes charge of Meta's WhatsApp as the company looks to leverage the reach of t ...
11 hours ago
IndiaMART doubles down on AI to curb fake listings, improve buyer interaction
June 25 : IndiaMART, one of India's largest online marketplaces, plans to double its spending on artificial intelligence tools every six months as it steps up efforts to curb fake listings and improve content checks, a senior executive said.The company connects buyers and sellers across a wide ...
11 hours ago
Valley Point could be the hidden gem in Frasers Property’s S$2.1 billion hospitality ‘asset-light’ proposal
Jude Chan - Strategically, the move gives the group the master key to the entire Valley Point site
11 hours ago
Nikkei marks record closing high as AI shares rally on Micron forecast
[TOKYO] Japan’s Nikkei share average rose more than 4 per cent on Thursday (Jun 25) to notch a record closing high, as...
11 hours ago
European shares gain as upbeat Micron forecast revives AI rally
[BRUSSELS] European shares opened higher on Thursday (Jun 25), led by gains in technology stocks, as strong forecasts from Micron and Qualcomm...
11 hours ago
MBK Partners to sell elderly care provider Japan Well-being to Advent
TOKYO, June 25 : Asia-focused buyout firm MBK Partners said on Thursday it had agreed to sell elderly care service provider Japan Well-being to U.S. private equity firm Advent International for an undisclosed amount.• A person with knowledge said the deal value would total about 200 billion yen ($ ...
11 hours ago
Amazon to invest additional $13 billion in India cloud, AI
June 25 : Amazon said on Thursday it will invest an additional $13 billion by 2030 in India to expand its AI and cloud infrastructure.The new investment is in addition to its planned $35 billion funding announced last year, taking the e-commerce firm's investment in the country to $48 billion t ...
11 hours ago
Amazon to invest additional $13 billion in India
June 25 : Amazon said on Thursday that it is investing an additional $13 billion in India by 2030 to expand and support AI and cloud infrastructure.The investment is an addition to the planned $35 billion it announced last year in December
11 hours ago
Apple-Intel chip deal makes strategic sense but production is years away
It pairs Intel’s bid to rebuild credibility as a chipmaker with Apple’s search for more manufacturing capacity
12 hours ago
Renault plans 800 engineering job cuts in France amid intense Chinese competition
The company expects to get its transformation plan approved by unions in July and implemented from September
12 hours ago
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Benjamin Cher - The sector is maturing in the region, with players pivoting from scale to profitable growth
12 hours ago
Large US banks can weather hypothetical downturn, several raise dividends: Fed
The Fed’s “stress test” shows banks stay above minimum requirements despite a 1.6-percentage-point capital drop
12 hours ago
H&M reports Q2 profit miss as tighter inventory hit sales
Operating profit was flat year on year at 5.91 billion Swedish crowns (S$786.7 million)
12 hours ago
SingPost expects huge dip in low-value parcels to EU initially as customs duty takes effect
Tay Peck Gek - Presently, Spain, Germany and France are the key countries to which parcels from Singapore businesses are delivered
12 hours ago
SingPost unveils solutions to tackle EU’s tax on low-value parcels
Tay Peck Gek - Presently, Spain, Germany and France are the key countries where parcels from Singapore businesses are delivered to
13 hours ago
China to raise refined fuel export allowance in July, sources say
This may ease tight supplies after regional refiners cut output due to crude shortages from the Iran war
14 hours ago
MSCI acquires climate risk financial modelling company First Street
Lin Daoyi - Financial research firm MSCI will be acquiring First Street, a provider of physics-based climate risk data and analytics for every property in the world. MSCI will pay US$120 ($156) million in cash for the acquisition, with additional payments during the first two years following an expected 3Q2026 ...