8 hours ago
City Plaza owners eye another mega en-bloc attempt with S$970 million reserve price
Chong Xin Wei - This is the third attempt at a sale, with two previous ones in 2018 and 2021
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
India tightens grip on social media with new three-hour takedown rule
NEW DELHI, Feb 10 : India's government said on Tuesday social media companies would have to take down unlawful content within three hours of being notified about it, tightening an earlier 36-hour timeline in what could be a compliance challenge for Meta, YouTube and X.The changes amend India& ...
9 hours ago
Telegram faces further restrictions, possible fines as Russian authorities clamp down
MOSCOW, Feb 10 : Telegram, an important platform for public and private communications in Russia, will face further restrictions from the authorities because it has failed to correct previous violations, the state communications watchdog said.The watchdog, Roskomnadzor, began limiting voice and vide ...
9 hours ago
Telegram messaging app faces new restrictions and fines in Russia, media report
MOSCOW, Feb 10 : The Telegram messaging app, an important platform for public and private communications in Russia, is facing new restrictions and fines for hosting content that the authorities object to, state and independent media reported on Tuesday.The RBC news outlet said the communications wat ...
9 hours ago
Telegram messaging app faces fines in Russia, state media report
MOSCOW, Feb 10 : The Telegram messaging app faces fines of up to 64 million roubles ($0.82 million) in eight upcoming Russian court hearings, state news agency RIA reported on Tuesday, citing court documents.It said the hearings were in connection with alleged failures by Telegram to remove informat ...
10 hours ago
Alphabet to sell rare 100-year bond to fund AI expansion, bookrunner memo shows
Feb 10 : Alphabet is set to price a rare 100-year bond, a memo from the lead manager seen by Reuters showed, as artificial intelligence-driven spending sparks a surge in borrowing at U.S. tech giants.The company is selling 5.5 billion pounds ($7.53 billion) worth of sterling bonds in a five-part dea ...
10 hours ago
Alphabet sells bonds worth $20 billion to fund AI spending
Feb 10 : Alphabet has sold bonds worth $20 billion in a seven-part offering stretching out to 2066, tapping the debt market to fund its surging spending on artificial intelligence infrastructure.The disclosure on Tuesday underscored Big Tech's growing appetite for credit, in a shift away from y ...
10 hours ago
Taiwan negotiators head to US for final meeting on trade deal
TAIPEI, Feb 10 : Taiwan's trade negotiating team has left for the U.S. to hold their final meeting on a trade and tariff deal struck last month, the island's government said on Tuesday.Under the terms of the agreement, tariffs on Taiwan's exports to the U.S. will be cut to 15 per cent ...
10 hours ago
NTT DC Reit posts US$36.3 million in 9M distributable income
Chong Xin Wei - The nine-month distributable income was 0.4% higher than the Reit’s forecast of US$36.1 million
10 hours ago
US stock futures pause after tech rebound; upcoming data in focus
Feb 10 : U.S. stock index futures remained muted on Tuesday following a sharp rally in the previous session as tech stocks bounced off a bruising rout, with investors looking out for retail sales numbers that kick off a series of key data releases this week.The Dow notched its second consecutive clo ...
10 hours ago
Apple and Google agree app store changes to appease UK regulator
LONDON, Feb 10 : Apple and Google have agreed to make their mobile app stores fairer and more transparent for thousands of developers, Britain's antitrust regulator said on Tuesday, hailing it as important first steps in its tougher regime. The Competition and Markets Authority (CMA) designated ...
10 hours ago
Indonesia falls 10 places in corruption rankings in 2025 as oversight weakens, campaign group says
JAKARTA, Feb 10 : Indonesia fell 10 places in an annual league table of global corruption in 2025, ranking 109th out of a total of 182 countries, a campaign group said on Tuesday, citing weakening civil society oversight.Indonesia's score on Transparency International's "corruption pe ...
10 hours ago
Spotify forecasts profit above estimates as founder Daniel Ek moves to new role
Feb 10 : Spotify forecast first-quarter earnings above Wall Street estimates on Tuesday, as the Swedish audio-streaming benefits from strong user growth and price hikes, sending its shares up around 12 per cent in premarket trading.The results are the first since co-CEOs Gustav Soderstrom and Alex N ...
10 hours ago
Spotify expects profit above estimates as founder Daniel Ek moves to new role
Feb 10 : Spotify forecast first-quarter earnings above Wall Street estimates on Tuesday, as the Swedish audio-streaming giant attracts new users even after price hikes.The results are the first since co-CEOs Gustav Soderstrom and Alex Norstrom took the reins from founder Daniel Ek, who became execut ...
10 hours ago
Wing Tai H1 net profit surges to S$40.3 million on higher takings from Singapore properties
Chong Xin Wei - Revenue is up 140% year on year at S$270.2 million
11 hours ago
F&N’s 1QFY2026 earnings down by 8.9% to $47.4 mil
Felicia Tan - Fraser and Neave (F&N) has posted earnings — or attributable profit — of $47.4 million for the 1QFY2026 ended Dec 31, 2025, 8.9% lower y-o-y. Earnings per share (EPS) stood at 3.3 cents, 8.3% lower y-o-y. Group revenue fell by 4.1% y-o-y to $592.9 million as the beverages segment was impacte ...
11 hours ago
Instant payment system Pix poised to capture half of Brazil's e-commerce market by 2028
BRASILIA, Feb 10 : Brazil's instant-payment system Pix is likely to account for half the nation's e-commerce transactions by 2028, widening its lead over credit cards, according to a new study. The forecast, from payments firm Ebanx, highlights the rapid ascent of the system created ...
11 hours ago
F&N Q1 profit down 8.9% at S$47.4 million; company ups stake in Vinamilk
Chong Xin Wei - Acquisition of about 4.6% of Vinamilk’s issued shares will be funded via internal resources and borrowings
11 hours ago
Wing Tai’s 1HFY2026 earnings surge by 300% to $40.3 mil; revenue more than doubles to $270.2 mil
Felicia Tan - Wing Tai Holdings has reported earnings of $40.3 million for the 1HFY2026 ended Dec 31, 2025, 300% higher than its 1HFY2025 earnings of $10.1 million. Earnings per share (EPS) stood at 5.28 cents on a diluted basis, up from 1.32 cents in the corresponding period the year before. Revenue for the peri ...
11 hours ago
Singapore stocks continue gaining ground, tracking regional benchmarks; STI up 0.1%
Benjamin Cher - Across the broader market, gainers edge out losers 379 to 222, after 1.4 billion securities worth S$1.8 billion change hands
11 hours ago
Gucci sales fall as Kering seeks turnaround under new CEO
Comparable revenue at Gucci tumbled 10% in the fourth quarter
12 hours ago
AstraZeneca forecasts growth in 2026 as it builds drug pipeline
Its chief executive officer Pascal Soriot has a target of US$80 billion in annual sales by 2030
12 hours ago
TSMC revenue jumps 37% in January; AI spending marches on
The demand for data centre chips is spurring the chipmaker to earmark as much as US$56 billion in capital spending this year
12 hours ago
WhatsApp wins court backing to challenge $268 million Irish privacy fine
BRUSSELS/DUBLIN, Feb 10 : Meta Platforms' WhatsApp on Tuesday won backing from Europe's top court for its challenge to a fine that was increased to 225 million euros ($268 million) by the EU privacy watchdog, a ruling that could pave the way for similar action by other companies. Ireland& ...
12 hours ago
WhatsApp's fight against $268 million Irish privacy fine sent back to lower tribunal
BRUSSELS/DUBLIN, Feb 10 : Meta Platforms unit WhatsApp's fight against the EU privacy watchdog was sent back to a lower tribunal on Tuesday, prolonging a five-year tussle triggered by the latter's order to the Irish data protection authority to increase a fine to 225 million euros ($268 mi ...
12 hours ago
EU top court refers WhatsApp's fight against EU privacy watchdog back to lower tribunal
BRUSSELS, Feb 10 : Europe's top court on Tuesday sent Meta Platforms unit WhatsApp's fight against the EU privacy watchdog back to a lower tribunal, prolonging a five-year tussle triggered by the latter's order to the Irish data protection authority to jack up a fine to 225 million eu ...
12 hours ago
South-east Asia’s governments put AI to work in tourism
Elisa Valenta - The region’s governments are using AI to upgrade visitors’ travel experience, not just to bump up the numbers
12 hours ago
Australia’s ASX CEO Helen Lofthouse to step down in May
ASX has faced regulatory scrutiny in recent years following a series of operational issues
12 hours ago
Australian exchange operator ASX CEO Helen Lofthouse to step down in May
ASX has faced regulatory scrutiny in recent years following a series of operational issues
12 hours ago
Foreign investors pull from Asian stocks as AI-driven tech rout spreads
Feb 10 : Foreign outflows from Asian stocks rose sharply in the first week of February as South Korea and Taiwan came under pressure from a global selloff in high-growth technology shares on concerns over the hefty AI-related capital spending.Foreign investors sold a net $9.79 billion worth of stock ...
13 hours ago
BP reports profits in line with expectations, suspends buybacks
It wrote down around US$4 billion in its renewables and biogas businesses
13 hours ago
Cisco unveils new AI networking chip, taking on Broadcom and Nvidia
SAN FRANCISCO, Feb 10 : Cisco Systems on Tuesday launched a new chip and router designed to speed information through massive data centers that will compete against offerings from Broadcom and Nvidia for a piece of the $600 billion AI infrastructure spending boom.Cisco said its Silicon One G300 swi ...
13 hours ago
Honda reports more than 60% drop in third-quarter operating profit
The company keeps its operating profit forecast for the year ending March 2026 at 550 billion yen
13 hours ago
Eight in 10 SMEs say expanding overseas is a priority: DBS survey
Douglas Toh - According to the latest DBS Business Pulse Check Survey, 82% of 730 companies polled between December 2025 and January 2026 have plans to internationalise this year. The annual survey is conducted across diverse industries to better understand the needs, concerns and aspirations of Singapore’s sma ...