7 hours ago
Temasek-backed Fullerton pares China hedge fund operations, workforce: source
The firm has cut its onshore private fund team from nearly 20 people last year
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
7 hours ago
AI bubble to be short-lived, rebound stronger, NTT DATA chief says
(Refiles to removed outdated advisory note. No changes to text.)By Divya ChowdhuryMUMBAI, Dec 5 : A potential artificial intelligence bubble will deflate faster than past tech cycles but give way to an even stronger rebound as corporate adoption catches up with infrastructure spending, the head of J ...
7 hours ago
Asia’s strong equity deals pipeline to be tested by AI bubble concerns in 2026
Hong Kong filings top 300 amid listing frenzy
8 hours ago
Tech, S-Reits among 30 most traded non-STI stocks in H2 to date
Deon Loke - The 30 stocks have posted a median total return of 25 per cent
8 hours ago
Uzbek state oil and gas company signs deal with Cargill to attract $3 billion in investments
TASHKENT, Dec 5 : A subsidiary of Uzbekistan’s state-run oil and gas company Uzbekneftegaz and Cargill signed a cooperation agreement aimed at strengthening Uzbekistan's energy security, under which the parties plan to attract $3 billion of investments, Uzbekneftegaz said on Friday.Uzbeknefte ...
8 hours ago
AI industry not in a bubble, but stocks could see correction, SK chief says
SEOUL, Dec 5 : Artificial intelligence stocks could come under pressure after rising too fast and too much, but the industry is not in a bubble, the head of South Korean conglomerate that owns leading memory chipmaker SK Hynix said.Concerns about lofty AI stock valuations have begun to weigh on broa ...
8 hours ago
Exclusive-India weighs greater phone-location surveillance; Apple, Google and Samsung protest
NEW DELHI, Dec 5 : India's government is reviewing a telecom industry proposal to force smartphone firms to enable satellite location tracking that is always activated for better surveillance, a move opposed by Apple, Google and Samsung due to privacy concerns, according to documents, emails an ...
8 hours ago
German factory orders jump on 87% surge in big transport items
Demand increased 1.5% from the previous month, which was revised significantly higher to show a 2% gain
9 hours ago
12,000 Marriott International suppliers in three markets to get same-day invoice financing by OCBC
Jovi Ho - Marriott International’s 12,000 small- and medium-sized entrepreneur (SME) suppliers in Singapore, Malaysia and Indonesia will enjoy same-day invoice financing from Oversea-Chinese Banking Corporation (OCBC) under a new strategic partnership between the two groups. Under the partnership, SMEs supp ...
9 hours ago
BOJ expected to choose 'constructive ambiguity' on future rate hikes
TOKYO, Dec 5 : Investors seeking clarity from the Bank of Japan on how much higher interest rates could go could be disappointed, former central bank officials say, as clear-cut estimates on neutral interest rates are too difficult and even counter-productive.Governor Kazuo Ueda's hawkish signa ...
9 hours ago
Amazon pays Italy 180 million euros to end tax, labour probe, sources say
ROME, Dec 5 : An Italian unit of e-commerce giant Amazon has paid compensation and scrapped a monitoring system for delivery staff, ending a probe into alleged tax fraud and illegal labour practices, sources with knowledge of the matter said on Friday. In July 2024 the group's logistics service ...
10 hours ago
BOJ likely to hike rate this month
[TOKYO] Bank of Japan officials are ready to raise interest rates at a policy meeting later this month, provided there’s no major...
10 hours ago
Singapore firms outpace global peers on sustainability, yet underutilise AI
Nurdianah Md Nur - Singapore companies are advancing sustainability initiatives faster than their global counterparts. However, most have not tapped on artificial intelligence (AI) to drive environmental decisions despite pressure from stricter disclosure requirements and rising carbon taxes. The majority (87%) of org ...
10 hours ago
Not your typical 80-year-olds: Why more Malaysian seniors are trading in homes for resort-style living
Tan Ai Leng - Mindsets are shifting as retirees across the Causeway rethink what ageing can – and should – look like
11 hours ago
Equinix signs third solar deal in Singapore
Nurdianah Md Nur - Equinix has signed a third solar power purchase agreement (PPA) in Singapore, deepening its commitment to the city-state’s clean-energy transition as demand for data centre capacity intensifies. The latest 20-year contract is with ESR-TEPCO Singapore AssetCo Alpha, a special purpose vehicle set up ...
11 hours ago
India central bank cuts key rate, boosts liquidity to support ‘goldilocks’ economy
The Indian economy is under pressure from punitive tariffs imposed by Trump
11 hours ago
India central bank cuts repo rate by 25 basis points, boosts liquidity
The Indian economy is facing a “rare goldilocks” period, RBI governor says
11 hours ago
Warner Bros begins exclusive deal talks with Netflix
The traditional TV business is in the midst of a major contraction as viewers shift to streaming
11 hours ago
Netflix to buy Warner Bros Discovery’s studios, streaming unit for US$72 billion
The deal will further tilt the power balance in Hollywood in favour of the streaming giant
11 hours ago
Netflix in exclusive talks to buy Warner Bros Discovery assets: source
The parent of HBO receives a second round of bids this week
11 hours ago
DHL deploys autonomous supply chain vehicle in Singapore
Nurdianah Md Nur - DHL Supply Chain has rolled out an autonomous vehicle (AV) designed specifically for supply-chain operations in Singapore. The fully electric AV is now operating at the company’s Asia Pacific Advanced Regional Centre, where it supports Infineon Technologies’ operations. Developed with Zelostech, ...
11 hours ago
Singapore retail sales growth picks up to 4.5% in October
Tessa Oh - Most retail categories record higher sales, led by watches and jewellery, as well as recreational goods
12 hours ago
China chipmaker Moore Threads soars 502% after eight billion yuan IPO
The listing comes as optimism over the country’s drive for tech self-sufficiency intensifies, fuelled by trade tensions and fears of US technology...
12 hours ago
CLI-backed SC Capital starts work on US$600 million first phase of Osaka data centre
Chloe Lim - The 100MW facility in a prime location will have direct access to robust power infrastructure and major network routes
12 hours ago
Cybersecurity hiring in Singapore surges with AI adoption, but talent gaps remain
Deon Loke - Job postings in the sector record the highest jump in three years, notes job site Indeed
12 hours ago
Philippines eyes easing IPO float rules to lure firms like GCash
Companies will be required to keep certain minimum public float levels after listing
12 hours ago
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level...
13 hours ago
Netflix enters exclusive talks to acquire Warner Bros Discovery studio and streaming service, Bloomberg News reporter says
(Corrects spelling of acquire in paragraph 1)Dec 4 : Netflix has entered exclusive talks with Warner Bros Discovery to acquire its studio and streaming service, a Bloomberg News reporter said in a post on X.Netflix has emerged as the top bidder for Warner Bros Discovery, Reuters reported on Thursday ...
13 hours ago
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index
13 hours ago
VinFast to invest US$500 million in India to expand manufacturing
The company plans to increase production to 150,000 annually within a year and double it in the next three years
13 hours ago
SC Capital Partners breaks ground on 100MW Osaka data centre site
Jovi Ho - Singapore-based institutional real estate investment management firm SC Capital Partners Group (SCCP) has started construction on a new 100-megawatt (MW) data centre in Osaka, Japan. SCCP says the first phase will have a total investment of approximately US$600 million and had secured the necessary ...
13 hours ago
Who stands to gain from SingLand’s Marina Square redevelopment?
Jovi Ho - Thinly-traded Singapore Land Group (SingLand) is taking a big swing with Marina Square complex, announcing on Dec 2 its plans to create “Singapore’s first hyper-mixed development” by adding a residential tower, a serviced apartment block and a mixed-use tower. SingLand, which is 50.37%-owned b ...
13 hours ago
Analysts more confident on DFI’s Retail prospects following recent inaugural investor day
Teo Zheng Long - Numerous analysts are keeping their respective “buy” calls on DFI Retail and raising their target prices to between US$4.25 to US$4.50, following the recent inaugural investor day. In his Dec 4 report, Chee Zheng Feng from DBS Group Research says that DFI Retail’s management has laid out clear ...
13 hours ago
Rare SGX unicorn IPO UltraGreen.ai eyes eventual Nasdaq listing too
Teo Zheng Long - UltraGreen.ai has been listed on the Singapore Exchange (SGX) as one of the larger healthcare-related names, injecting some variety into the local bourse, which has been dominated by companies in financial services, property and REITs. In his own words, Ravinder Sajwan, CEO and executive director of ...