18 hours ago
MetaOptics jumps as much as 5.5% on proposed Nasdaq listing; stock up almost 300% since IPO
Tan Weizhen - It started trading in Singapore in September with an IPO price of S$0.20
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
18 hours ago
MetaOptics jumps as much as 5.5% on proposed Nasdaq listing; stock up almost 500% since IPO
Tan Weizhen - It started trading in Singapore in September with an IPO price of S$0.20
18 hours ago
CEOs in Singapore have greater staying power than global peers: report
Shikhar Gupta - Outgoing chief executives of STI companies average about 8.8 years in the role versus 7.2 years globally
18 hours ago
CEO tenure in Singapore exceeds global average in Q3: report
Shikhar Gupta - Outgoing chief executives of STI companies average about 8.8 years in the role versus 7.2 years globally
19 hours ago
Netflix recovers following brief outage during 'Stranger Things' final season premiere
Streaming platform Netflix was down for about an hour for several users in the United States on Wednesday evening, coinciding with the release of the fifth and final season of its hit series "Stranger Things".There were less than 800 reports of the issue as of 8:45 p.m. ET, down from a pea ...
19 hours ago
Netflix down for thousands of US users, Downdetector shows
Streaming platform Netflix is down for thousands of users in the United States on Wednesday, according to Downdetector.com.There were more than 14,290 reports of issues with the social media platform, as of 7:56 p.m. ET, according to Downdetector, which tracks outages by collating status reports fro ...
19 hours ago
South Korea signals end to rate cuts as FX, price risks grow
SEOUL :South Korea's central bank kept interest rates unchanged for a fourth straight meeting on Thursday as a tumbling won reduced scope for further easing, signalling the bank could be nearing the end of its current rate cut cycle.The Bank of Korea's monetary policy board voted to keep t ...
19 hours ago
South Korea keeps rates steady as FX risks limit easing scope
SEOUL :South Korea's central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government's steps to cool Seoul's property market play out.The Bank of Korea's monetary po ...
19 hours ago
South Korea holds rates as expected
SEOUL :South Korea's central bank kept policy interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government's steps to cool Seoul's property market play out.The Bank of Korea's seve ...
19 hours ago
Pentagon cited Alibaba on China military aid in Oct 7 letter
The list now includes more than 130 entities accused of working with the Chinese military
19 hours ago
Stocks to watch: UOB, Lendlease Reit, IHH Healthcare, Cordlife
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 27):
20 hours ago
Apple contests India’s antitrust penalty law with risk of US$38 billion fine, filing shows
[NEW DELHI] Apple is challenging India’s new antitrust penalty law under which the US company could potentially face a fine of up...
20 hours ago
Taiwan raids former TSMC exec's home in trade secrets probe
TAIPEI :Taiwan prosecutors said on Thursday investigators had raided the homes of a former senior TSMC executive and seized computers after the company accused him of leaking trade secrets, something his current employer Intel has denied.TSMC , the world's largest contract chipmaker and major s ...
20 hours ago
JPMorgan flips forecast, sees Fed cutting rates in December
The Federal Open Market Committee, led by chair Jerome Powell, meets in Washington on Dec 9 and Dec 10
20 hours ago
Deadly storms, US$3 billion in losses test Vietnam’s climate defences
Storm damage alone has caused an estimated 85 trillion dong of economic losses this year so far
21 hours ago
When bloodlines rule boardrooms: Asia’s answer to defying the third-generation wealth curse
Goh Ruoxue - It’s not about inheritance, but stewardship balanced with self-authorship, says UOB’s Angela Koh
21 hours ago
New Zealand central bank says economic recovery picking up
[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank...
21 hours ago
AliExpress bans Chinese sex doll seller after Reuters examination
National consumer protection bodies often classify such items as akin to images of sexual abuse under child protection laws
21 hours ago
Campbell’s responds to ‘absurd’ charge it uses 3D-printed chicken
FOOD giant Campbell’s has dismissed as “absurd” claims allegedly made by a senior executive, who has since been placed on leave, that...
22 hours ago
Shein faces EU pressure to curb sales of sex dolls and weapons
France is also pushing the European Union to increase customs duties on small packages two years earlier than planned
22 hours ago
Hong Kong police arrest construction firm bosses over fire; death toll hits 75 with 300 missing
The government would set up a HK$300 million fund to help residents
22 hours ago
Hong Kong fire kills 75, hundreds missing
Police blame ‘grossly negligent’ construction firm, 3 people arrested
22 hours ago
Hong Kong fire kills 65, hundreds missing
Police blame ‘grossly negligent’ construction firm, 3 people arrested
22 hours ago
Hong Kong fire kills 55, hundreds missing
Police blame ‘grossly negligent’ construction firm, 3 people arrested
22 hours ago
Hong Kong’s worst fire in decades kills 44, hundreds missing in 2,000-apartment complex
Fire operations went on for more than 24 hours after blaze started
22 hours ago
Hong Kong’s worst fire in decades kills 44, hundreds missing
Fire operations are expected to stretch into the evening, more than 24 hours after the blaze started
22 hours ago
Stellantis deepens Europe’s reliance on China with CATL plant
Despite European Union efforts to counter Beijing’s growing influence, Spain has emerged as a key ally
22 hours ago
Trading Day: Bulls in charge ahead of Turkey Day
22 hours ago
US: Wall Street extends rally on growing bets for December Fed rate cut
[NEW YORK] Wall Street gained ground on Wednesday as revived tech strength and the growing probability of a December interest rate cut...
22 hours ago
Commentary: How protected are employees when small businesses like Twelve Cupcakes shutter?
Singapore unions have taken companies to task for retrenching workers unfairly and without due process, says SUSS’ Terence Ho.
22 hours ago
Flutter says UK gambling duties to hit EBITDA by $320 million in 2026
FanDuel-owner Flutter Entertainment said on Wednesday the UK government's plans to raise online gaming taxes will hit its adjusted EBITDA by about $320 million in fiscal 2026 and $540 million in 2027 before it can mitigate the impact. British finance minister Rachel Reeves earlier today said th ...
22 hours ago
Europe’s Stoxx 600 climbs on Fed cut hopes; banks rally post-UK budget announcement
EUROPE’S main equity indexes closed higher on Wednesday, led by technology stocks as growing expectations of a US rate cut boosted global...
22 hours ago
Oil up as investors await clarity on supply, Russia-Ukraine deal
[NEW YORK] Oil prices edged up on Wednesday ahead of the US Thanksgiving holiday, as US investors assessed prospects of oversupply and talks over...
23 hours ago
Complaints to Fidrec hit 20-year high; scam-related cases spike
Chloe Lim - Fraud and scam-related disputes account for 1,285 claims, up 55% from the year before