8 hours ago
Stocks to watch: Manulife US Reit, Nam Cheong
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24):
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
China trapped in investment slump as infrastructure bonds dry up
CHINA’S local borrowing for infrastructure spending is on pace to hit a six-year low, as Beijing clamps down on risks in a...
10 hours ago
A clean sweep: How China won the war for your living room floor
The Roomba’s predicament shows how the US is the worse off for its trade dust-up with its peers
10 hours ago
Open for business, closed in our hearts? Immigration and the future of Singapore identity
Singaporeans still see citizenship in largely civic terms where contribution and commitment matter
10 hours ago
COE supply expected to rise 20% in 2026, but premiums may not fall in proportion
Derryn Wong - Demand for electric vehicles and from private-hire fleets could keep premiums elevated, say industry observers
10 hours ago
Loaded supertanker returns to Venezuelan waters amid US interceptions: TankerTrackers.com
PANAMA-FLAGGED crude carrier Kelly, which had departed from Venezuela carrying oil last week, has returned to Venezuelan waters following the US interception...
10 hours ago
Tesla having a very bad year in the EU
China’s BYD is gaining traction on Tesla on the continent
10 hours ago
Fleet management firm Motive Technologies reveals revenue growth in US IPO paperwork
Dec 23 : AI-powered fleet management company Motive Technologies on Tuesday disclosed a rise in nine-month revenue in its U.S. initial public offering filing, as companies line up to list early next year.The San Francisco, California-based company reported a net loss of $138.5 million on $3 ...
10 hours ago
Motive Technologies files for US IPO
Dec 23 : AI-powered automated operations platform Motive Technologies on Tuesday filed for an initial public offering in the United States.The U.S. IPO market has regained momentum in 2025 but expectations of a stronger rebound were curbed by tariff-driven volatility, a prolonged governm ...
10 hours ago
Oil up as market weighs strong US economic growth, supply risks
[NEW YORK] Oil prices settled higher on Tuesday as investors assessed stronger-than-expected US economic growth and the risk of disruptions to oil supply from Venezuela and...
11 hours ago
Gold, silver and platinum sparkle at all-time peaks
SILVER extended its record rally on Tuesday, breaching the key US$70-an-ounce mark, while gold and platinum also touched historic highs.
11 hours ago
European shares close at fresh record high as Novo Nordisk drives healthcare boost
EUROPEAN shares closed at a new peak on Tuesday, powered by gains in the healthcare sector, after heavyweight Novo Nordisk clinched US approval...
11 hours ago
US stocks: S&P registers record close as growth stocks advance
[NEW YORK] US stocks rose on Tuesday and the S&P 500 notched a closing record after a flurry of economic data that included a...
11 hours ago
Apple to allow third-party app stores in Brazil to settle iOS case with regulator
SAO PAULO, Dec 23 : Apple will allow other app stores besides its own in the tech giant's iOS operating system in Brazil to settle a three-year case with the country's antitrust regulator CADE, both parties said on Tuesday.An internal panel at CADE formed a majority to accept Apple' ...
12 hours ago
Equities rise after strong US data; yen firms on currency warnings
NEW YORK/LONDON, Dec 23 : Major stock indexes were up while Treasury yields were little changed on Tuesday after stronger-than-expected U.S. economic data, while the yen shot up after warnings from Tokyo on its readiness to support the battered currency.The pan-European STOXX 600 index registered a ...
14 hours ago
US judge blocks Texas app store age law meant to protect children
WASHINGTON, Dec 23 : A federal judge in Texas on Tuesday blocked Texas from enforcing a new state law aimed at protecting children by requiring app stores and developers to verify the age of users, in a win for Apple , Alphabet's Google and other technology companies.U.S. District Judge Robe ...
14 hours ago
Trump's AI hiring campaign draws interest from 25,000 hopefuls
WASHINGTON, Dec 23 : Roughly 25,000 people have expressed interest in joining the Trump administration's cadre of engineers known as Tech Force, a senior Trump administration official said on Tuesday, as the U.S. government looks to install staff with artificial intelligence expertise in fed ...
17 hours ago
US airlines see record holiday travel even as airfares climb
A daily average of 2.9 million passengers will travel between Dec 19 and Jan 5, up 1.5% from a year earlier
17 hours ago
US holds off on new China chip tariffs amid Trump-Xi truce
This decision is the latest signal that the Trump administration is seeking to stabilise ties with China
17 hours ago
US delays announcement of China chip tariffs until 2027
The move represents the latest effort by President Donald Trump to dial down tensions with Beijing
18 hours ago
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates
18 hours ago
Wall Street opens lower as yields rise after GDP data
[NEW YORK] US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight...
18 hours ago
US dollar retreats as prospect of Fed rate cuts overshadows growth data
NEW YORK, Dec 23 : The U.S. dollar weakened on Tuesday in a holiday-shortened week after data showing strong growth in the world's largest economy failed to shift sentiment on a currency under pressure from expectations of Federal Reserve interest rate cuts next year.The report bolstered vie ...
18 hours ago
US dollar falters as markets focus on Fed easing over growth data
NEW YORK/LONDON, Dec 23 : The U.S. dollar fell on Tuesday in a holiday-shortened week, weighed down by expectations of more rate cuts next year, though it trimmed losses against the yen and euro after data showed strong third-quarter growth in the world's largest economy.The report bolstered ...
18 hours ago
US dollar trims losses after stronger-than-expected growth data
NEW YORK, Dec 23 : The U.S. dollar curbed its losses against the yen and euro on Tuesday, after data showed the world's largest economy posted higher-than-expected growth in the third quarter, reinforcing expectations the Federal Reserve will pause cutting rates at its January meeting. ...
18 hours ago
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee
18 hours ago
ServiceNow to buy Armis for $7.75 billion as AI-fueled cyber risks surge
Dec 23 : ServiceNow on Tuesday agreed to buy cybersecurity startup Armis for $7.75 billion, in the enterprise software maker's biggest-ever deal, as it bolsters its services to help counter rising cyberattacks driven by AI adoption.Through the deal, the company aims to integrate Alphabet-backed ...
19 hours ago
Orsted sells 55% of Taiwan wind farm to Cathay
COPENHAGEN, Dec 23 : Danish offshore wind developer Orsted has agreed to sell a 55 per cent stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday.Orsted, the world
19 hours ago
Novo Nordisk shares jump almost 8% after US approves Wegovy pill
The approval gives the drugmaker a first-mover advantage in the race for a potent oral weight-loss medicine
20 hours ago
GSH Corp’s joint development pact with Fujian Jinnan on Malaysian land development project expires
Kwan Wei Kevin Tan - GSH Corporation says it will no longer be working with Fujian Jinnan Construction Group to develop a land parcel in Malaysia. On Oct 8, GSH's subsidiary GSH Properties entered into a non-binding framework cooperation agreement with Fujian Jinnan to jointly develop a land parcel located in the C ...
21 hours ago
NTT DC REIT added to S-REIT Benchmark Index
Kwan Wei Kevin Tan - The number of constituents in the Singapore REIT (S-REIT) Benchmark Index has gone up to 28 with newcomer NTT DC REIT joining the index. The benchmark index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting the respective REITs. ...
21 hours ago
China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT
21 hours ago
AI data centers are forcing dirty ‘peaker’ power plants back into service
Dec 23, CHICAGO - In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides.The rarely-used eight-unit Fisk power ...
21 hours ago
AI data centers are forcing obsolete ‘peaker’ power plants back into service
Dec 23, CHICAGO - In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides.The rarely-used eight-unit Fisk power ...