2 days ago
Wall Street hit by UK mortgage lender collapse, raising fears of more credit ‘cockroaches’
London-based Market Financial Solution specialised in complex property-backed loans
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Oil prices rise more than 2% as US and Iran extend talks
[HOUSTON] Oil prices rose about 2 per cent on Friday with traders bracing for supply disruptions as nuclear talks between the United States and...
2 days ago
European shares close eighth month of gains on earnings lift; credit fears hit banks
EUROPEAN shares closed at a record high on Friday to log their eighth straight month of gains after better-than-expected corporate updates, while heavyweight...
2 days ago
Brains, beds and balance sheets: Where human capital becomes hard currency
Tong Kooi Ong + Asia Analytica - Over the past two weeks, we have written about the challenges Malaysia faces in reindustrialisation — growing and improving manufacturing — including the rapid changes brought on by technological advancements and artificial intelligence (AI), as well as rising geopolitics (protectionism, nationa ...
2 days ago
US stocks: Wall Street notches monthly declines on combined AI, tariff, geopolitical uncertainty
[NEW YORK] Financial and tech stocks were hit hard by a handful of persistent investor worries on Friday, with US stocks suffering their largest monthly percentage...
2 days ago
Judge blocks Virginia law restricting social media for children
Feb 27 : A federal judge on Friday blocked Virginia from enforcing a new law that aimed to protect children from being addicted to social media by requiring age verification and limiting use by those under 16 to one hour per day.U.S. District Judge Patricia Tolliver Giles in Alexandria, Virginia, sa ...
2 days ago
Lessons from writing with AI
Stop thinking of AI output as drafts to accept or reject. Instead, treat it as material to disassemble and recombine. The result:...
2 days ago
Why NRIC authentication is flawed – and what’s the alternative?
New security layers are essential when a single data breach can trigger a cascading impact across banks and providers of critical services
2 days ago
Canada minister to meet with OpenAI's Altman to discuss safety measures after shooting
OTTAWA, Feb 27 : Canada's minister in charge of artificial intelligence said on Friday that he will meet with OpenAI Chief Executive Sam Altman next week to discuss how the ChatGPT maker plans to boost safety protocols in the wake of a recent school shooting in the Canadian province of British ...
2 days ago
Canadian minister to meet with OpenAI's Altman to discuss safety measures after shooting
OTTAWA, Feb 27 : Canada's minister in charge of artificial intelligence said on Friday he will meet with OpenAI CEO Sam Altman next week to discuss how the ChatGPT maker plans to boost safety protocols after a recent school shooting in British Columbia.The Canadian government has urged OpenAI t ...
2 days ago
Trump says he is directing federal agencies to cease use of Anthropic technology
WASHINGTON, Feb 27 : U.S. President Donald Trump on Friday said he was directing every federal agency to immediately cease all use of Anthropic's technology, adding there would be a six-month phase out for agencies such as the Defense Department who use the company's products."I am di ...
2 days ago
Trump directs US agencies to toss Anthropic's AI as Pentagon calls startup a supply risk
WASHINGTON, Feb 27 : U.S. President Donald Trump said on Friday he is directing every federal agency to stop work with artificial intelligence lab Anthropic while the Pentagon declared it a supply-chain risk, capping a weeks-long fight over technology guardrails in an apparent blow to the startup� ...
2 days ago
Exclusive-QIA, Visa and ADIA set to anchor SoftBank's PayPay IPO, sources say
Feb 27 : A group of global investors including Qatar Holdings, an investment arm of Qatar Investment Authority, Visa and Abu Dhabi Investment Authority, is preparing to invest more than $200 million as cornerstone investors in the U.S. initial public offering by SoftBank's PayPay, according to ...
2 days ago
Goldman bucks private credit redemption trend as AI disruption fears mount
Feb 27 : Goldman Sachs' asset management arm has assured investors that the redemption rate at GS Credit remains well below that of its peers, setting it apart from turbulence in private credit sparked by concerns that AI could disrupt software companies.In a letter to investors seen by Reuters ...
2 days ago
Trump Media considers spinning off Truth Social into public company
Feb 27 : Trump Media & Technology Group, founded by U.S. President Donald Trump, is considering spinning off its social media platform Truth Social into a publicly traded company.TMTG is in discussions with TAE Technologies and Texas Ventures Acquisition III about the proposed transaction, the c ...
2 days ago
Brookfield's new AI unit Radiant valued at $1.3 billion after merger with UK startup, sources say
LONDON, Feb 27 : Brookfield Asset Management's new AI infrastructure company Radiant has been valued at $1.3 billion after merging with London-based cloud computing firm Ori Industries, according to three people with knowledge of the matter and a document seen by Reuters.Radiant, a new company ...
2 days ago
Dorsey's blunt AI warning sharpens debate over jobs and profits
Feb 27 : Jack Dorsey is not the first chief executive to say artificial intelligence will transform work. He may be among the first to act as if it already has - and to say so openly."Intelligence tools have changed what it means to build and run a company. We're already seeing it internal ...
2 days ago
HSBC opens largest wealth centre and first sky lounge at Singapore Land Tower
Felicia Tan - HSBC has opened its fourth and largest wealth centre at level 33 of Singapore Land Tower on Feb 27. The lounge is also the bank’s first sky lounge and first dedicated Premier Elite space in the country. Spanning 7,884 sq ft, the centre has 14 meeting rooms, including enclosed teller rooms and priv ...
2 days ago
OUE slightly trims net loss to $279.1 mil; maintains final dividend at 1 cent per share
The Edge Singapore - OUE has slightly reduced its net loss for FY2025 but the red ink for the year was still $279.1 million. In the year-earlier FY2024, the company booked a net loss of $286.8 million. In both years, lower value of its investment properties and lower equity-accounted interests have been named as the cau ...
2 days ago
OUE loss widens to S$314.7 million in H2 FY2025
Benjamin Cher - The group’s half-year revenue is down at S$324.3 million from S$332 million the year before
2 days ago
Straits Trading H2 loss widens to S$208.4 million; dividend of S$0.08 a share proposed
Benjamin Cher - The payout is unchanged from a year earlier
2 days ago
Nordic Group reports higher earnings of $19.0 mil for FY2025, up 9% y-o-y
Teo Zheng Long - Nordic Group (SGX: MR7 ) has reported a 9% y-o-y improvement in earnings to $19.0 million for FY2025, ended Dec 31, 2025. Revenue saw a slight dip of 3% y-o-y to $158.4 million in FY2025, mainly due to lower revenue contribution from the project services (PS) segment as fewer projects were undertake ...
2 days ago
Lululemon founder Chip Wilson ramps up pressure on board amid proxy fight
Wilson’s campaign comes as the company’s shares have lost nearly half of their value over the past 12 months
2 days ago
Straits Trading reports FY2025 loss of $234 mil on impairments and lower fair value
The Edge Singapore - The Straits Trading Company, weighed down by a series of non-cash impairment and value adjustments of its various real estate businesses and investments, has reported a net loss of $234 million for its FY2025. In the year earlier, it reported earnings of 11%. Of note, Straits Trading recognised a no ...
2 days ago
ASTI Holdings returns to profitability in FY2025, with net profit of $835,000
Teo Zheng Long - ASTI Holdings (SGX: 575 ) reversed back into the black with a net profit of $835,000 in FY2025, ended Dec 31, 2025, compared against a loss of more than $24.5 million a year ago. Revenue was up 11.8% y-o-y to $36.9 million, driven by higher revenue from the backend equipment solution & technolog ...
2 days ago
International Cement Group reports FY2025 earnings of $60.0 mil, up more than 400 times y-o-y
Teo Zheng Long - International Cement Group (SGX: KUO ) (ICG) has reported net profit attributable to shareholders of $60.0 million in FY2025 ended Dec 31, 2025, up from just $135,000 a year ago. For FY2025, revenue grew by 47% y-o-y to $378.8 million, driven by higher selling prices and increased sales volumes from ...
2 days ago
India's Vishal Mega Mart promoter sells 14% stake for $838 million
2 days ago
Belgian watchdog opens probe into Google's online ad price practices
2 days ago
HSBC opens wealth centre at Singapore Land Tower amid premium pivot
Shikhar Gupta - It is the bank’s fourth and largest such facility in the city-state
2 days ago
Ong Beng Seng's HPL $46.2 mil in the red for FY2025
The Edge Singapore - Hotel Properties has sunk into a loss of $46.2 million for its FY2025, after taking into account items such as a higher fair value loss on long-term investments. In contrast, the company majority-held by tycoon Ong Beng Seng, made a profit of $27.2 million in the preceding FY2024. Ong stepped down a ...
2 days ago
The uptrend is intact but it may need a rest
Goola Warden - The FTSE Real Estate Index started its current uptrend after Liberation Day, when it fell to 572 after starting 2025 at 623, just to give an idea of how moribund the property sector had been for - quite a while. Since then, the FTSE Real Estate Index has been on an uptrend. This has not changed. On ...
2 days ago
Nestlé begins South Africa layoffs as part of global overhaul
More than 400 employees affected
2 days ago
Hotel Properties swings to H2 FY2025 loss of S$57.7 million, proposes dividend of S$0.04
Benjamin Cher - It says that tourist arrivals grew in 2025, but that geopolitical, trade and interest-rate uncertainty could hurt the business environment
2 days ago
MetaOptics FY25 losses widen to S$5.4 million despite rise in revenue
Benjamin Cher - Expenses across the board increased, with finance expenses for the full year clocking the highest increase of over 90 times