7 hours ago
US greenlights Nvidia H200 chip exports to China
Sharon Lee - [WASHINGTON] The Trump administration on Tuesday gave the green light to China-bound sales of Nvidia’s second most powerful AI chips, putting in...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
7 hours ago
Trading Day: Trump's controversial agenda rattles markets
7 hours ago
Oil prices rise by more than US$1 a barrel on potential Iran supply disruption
[NEW YORK] Oil prices surged by more than 2 per cent on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed...
7 hours ago
European stocks slips as investors assess mixed corporate updates, US data
EUROPEAN stocks slipped on Tuesday, led by declines in construction stocks, while investors also assessed a series of mixed corporate updates and a...
7 hours ago
US stocks: Wall Street falls with financials amid credit card rate plan
[NEW YORK] US stocks ended lower on Tuesday, led by a drop in financial shares as comments from JPMorgan executives added to worries about...
7 hours ago
US teachers union says it is leaving X over sexualized AI images of children
WASHINGTON, Jan 13 : The American Federation of Teachers says it is leaving X, citing the social media site's creation and dissemination of "sickening" images of children in various states of undress.In an interview with Reuters, AFT President Randi Weingarten said that the site had a ...
7 hours ago
US teachers union says it's leaving X over sexualized AI images of children
WASHINGTON, Jan 13 : The American Federation of Teachers says it is leaving X, citing the social media site's creation and dissemination of "sickening" images of children in various states of undress.In an interview with Reuters, AFT President Randi Weingarten said that the site had a ...
8 hours ago
Most Singaporeans think firms should prioritise keeping costs low over cutting emissions: study
Therese Soh - Only around 40 per cent think that large businesses place adequate emphasis on climate action, the report says
8 hours ago
Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling, FT reports
Jan 13 : Amazon is seeking to cut what it pays suppliers for goods it sells on its e-commerce platform, as the tech giant moves to reverse concessions intended to limit the shock of U.S. President Donald Trump's tariffs, the Financial Times reported on Tuesday.The company has sought discounts f ...
9 hours ago
Minerva secures $44 million for Japan late-stage startup fund, source says
(Corrects size of first close and targeted fund size in headline and paragraphs 1 and 2 to 7 billion yen not 70 billion yen and 20 billion yen not 200 billion yen)By Miho UranakaTOKYO, Jan 14 : Tokyo-based Minerva Growth Partners has secured around 7 billion yen ($44 million) at the first close for ...
11 hours ago
Britain seeks 'reset' in copyright battle between AI and creators
LONDON, Jan 13 : British technology minister Liz Kendall said on Tuesday the government was seeking a "reset" on plans to overhaul copyright rules to accommodate artificial intelligence, pledging to protect creators while unlocking AI's economic potential.Creative industries worldwide ...
11 hours ago
AstraZeneca to acquire Modella AI to speed oncology drug research
SAN FRANCISCO, Jan 13 : AstraZeneca has agreed to buy Boston-based Modella AI, the companies said on Tuesday, as the drug industry increases its use of artificial intelligence to accelerate the discovery of new drugs.The companies did not disclose financial terms. In a press release, Modella AI said ...
12 hours ago
French regulator says some crypto firms unresponsive as EU licence deadline approaches
PARIS, Jan 13 : Nearly a third of crypto companies without an EU licence in France are still to tell the regulator whether they intend to get the licence required under new EU rules or will cease operating by July, the country's markets regulator warned on Tuesday. Under the European Union&# ...
13 hours ago
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Tan Nai Lun - Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price
13 hours ago
Meta mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports
Jan 13 : Meta and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence-powered smart glasses to 20 million units annually by the end of this year, Bloomberg News reported on Tuesday.The potential increase, driven by strong demand, could also see capacity ...
13 hours ago
Yen tumbles on Japan spending fears, dollar broadly higher
NEW YORK, Jan 13 : The Japanese yen tumbled to its weakest level against the U.S. dollar since July 2024 on Tuesday on concerns about looser fiscal and monetary policy in the country.The dollar was broadly higher following a brief dip on data showing that consumer prices were largely as economists e ...
13 hours ago
Dollar pares gains after CPI, yen tumbles on Japan spending fears
NEW YORK, Jan 13 : The dollar pared earlier gains on Tuesday after December consumer inflation largely matched economists’ expectations, while the yen hit its lowest against the U.S. currency since July 2024 on concerns about more fiscal spending in Japan.The Consumer Price Index rose 0.3 per cent ...
13 hours ago
Defense tech firm Onebrief valued at over $2 billion in latest funding round
Jan 13 : Military-focused platform Onebrief said on Tuesday it has raised $200 million in a funding round that has doubled the company's post-money valuation to $2.15 billion over six months.The latest round, which included both primary and secondary capital, was led by Battery Ventures and Sap ...
14 hours ago
World Bank sees resilient global growth in 2026 despite tariffs, but fading dynamism
WASHINGTON: The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday (Jan 13) while warning that growth is too concentrated in advanced countries and overall too weak to reduce extreme ...
14 hours ago
S&P 500, Dow open near record highs after mixed earnings, inflation data
[NEW YORK] The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report...
14 hours ago
Musk's X recovers after outage hits thousands globally
Jan 13 : An X outage eased on Tuesday after thousands of users worldwide reported issues with accessing the social media platform, according to Downdetector.com.The outage began around 9 a.m. ET, peaking at more than 28,300 logged issues with Elon Musk's platform in the U.S. before cooling to a ...
14 hours ago
X down for thousands of users globally, Downdetector shows
Jan 13 : Social media platform X was down for thousands of users globally on Tuesday, according to Downdetector.com.There were more than 22,900 reports of issues with the platform in the U.S. as of 9:19 a.m. ET, according to Downdetector, which tracks outages by collating status reports from a numbe ...
14 hours ago
Apple rolls out Creator Studio to boost services push, adds AI features
Jan 13 : Apple on Tuesday unveiled Apple Creator Studio, a new subscription bundle of professional creative software priced at $12.99 a month or $129 a year, as the iPhone maker steps up its push into paid services for creators, students and professionals.The company has used its services business, ...
14 hours ago
Microsoft rolls out initiative to limit data-center power costs, water use impact
Jan 13 : Microsoft on Tuesday unveiled an initiative to curb water usage at its U.S. data centers and limit the impact on the general population from any potential surge in power prices.Political leaders across the U.S. are urging a rapid expansion of data-center capacity and new power production to ...
14 hours ago
Microsoft launches data center initiative to limit power costs, water use
Jan 13 : Microsoft on Tuesday unveiled a community-focused initiative aimed at lowering water usage at its U.S. data centers and ensuring that the power-hungry facilities do not drive up electricity prices for the public.The company will pay utility rates high enough to cover its electricity costs a ...
14 hours ago
Polygon targets stablecoin payments with deals worth $250 million
Jan 13 : Blockchain firm Polygon Labs said on Tuesday it would buy crypto payments company Coinme and crypto infrastructure provider Sequence for more than $250 million, as it looks to tap the growing demand for stablecoin-based transactions.Stablecoins, digital tokens pegged to stable assets such a ...
15 hours ago
Spain moves to curb AI deepfakes, tighten consent rules on images
MADRID, Jan 13 : Spain's cabinet on Tuesday approved draft legislation to curb AI deepfakes and tighten consent rules on images, as European states increasingly move to crack down on AI-generated sexual content.The bill approved by the cabinet strengthens protections for children, sets 16 as th ...
15 hours ago
F&N unit prices S$125 million in fixed-rate notes due 2033 at 2.6%
Tan Nai Lun - The notes are payable semi-annually in arrears and will be issued in denominations of S$250,000 each
15 hours ago
Voice AI startup Deepgram raises $130 million at $1.3 billion valuation
Jan 13 : Voice AI technology startup Deepgram said on Tuesday it raised $130 million at a $1.3 billion valuation as it looks to expand internationally, roll out new models, and pursue acquisitions.The funding round was led by AVP, an investment firm that focuses on tech startups across North America ...
15 hours ago
US senators introduce long-awaited bill to define crypto market rules
Jan 13 : U.S. senators late Monday night unveiled draft legislation that would create a regulatory framework for cryptocurrency that, if signed into law, would clarify financial regulators' jurisdiction over the burgeoning sector, potentially boosting digital asset adoption.The crypto industry ...
16 hours ago
Keppel Reit preferential offering closes with 76.9% valid acceptances; total applications at 97%
Tan Nai Lun - Gross proceeds of S$886.3 million will go into funding the purchase of another one-third interest of Marina Bay Financial Centre’s Tower 3
16 hours ago
GKE Corp earnings down to $1.87 mil for 1HFY2026; interim cash dividend of 0.05 cents declared
Nicole Lim - GKE Corporation has reported lower earnings of $1.87 million for the 1HFY2026 ended Nov 30, 2025, down 57.5% y-o-y. Revenue for the period grew 5.3% y-o-y to $66.53 million, while gross profit declined 9.2% y-o-y to $17.67 million. Earnings per share for 1HFY2026 declined 57.9% y-o-y to 0.24 cents. ...
16 hours ago
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31
17 hours ago
Power crunch, red tape forcing Asia’s data centres out of hyperscaler hubs
Young Zhan Heng - Operators are pivoting towards a ‘decentralised’ model – which places data centres in ‘Tier-2’ cities