13 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
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
13 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
14 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...
14 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
14 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...
14 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
14 hours ago
Hong Kong fire kills 55, hundreds missing
Police blame ‘grossly negligent’ construction firm, 3 people arrested
14 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
14 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
14 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
14 hours ago
Trading Day: Bulls in charge ahead of Turkey Day
14 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...
14 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.
15 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 ...
15 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...
15 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...
15 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
15 hours ago
Complaints to Fidrec hit 20-year high; scam-related cases are up
Chloe Lim - Fraud and scam-related disputes account for 1,285 claims, up 55% from the year before
18 hours ago
SEC must not let crypto companies 'bypass' rules, stock exchanges say
The Securities and Exchange Commission's possible plan to grant crypto companies relief from regulation to sell "tokenised" stocks risks harming investors, a group of stock exchanges said in a letter to the U.S. regulator this week.Several crypto companies plan to sell crypto tokens l ...
18 hours ago
European lawmakers seek EU-wide minimum age to access AI chatbots, social media
BRUSSELS :The European Parliament on Wednesday approved a non-binding resolution which calls for a default minimum age of 16 to access social media and AI chatbots to ensure "age-appropriate online engagement".Regulated under the block's Digital Services Act (DSA), online platforms ar ...
19 hours ago
FCC says hackers hijack US radio gear to send fake alerts, obscenities
WASHINGTON :Hackers are hijacking U.S. radio transmission equipment to broadcast bogus emergency messages and obscene language, the Federal Communications Commission said on Wednesday.In a public notice, the FCC said a "recent string of cyber intrusions against various radio broadcasters" ...
19 hours ago
Apple contests India's antitrust penalty law with risk of $38 billion fine, filing shows
NEW DELHI :Apple is challenging India's new antitrust penalty law under which the U.S. company could potentially face a fine of up to $38 billion, a court filing at the Delhi High Court, seen by Reuters, shows.The challenge is the first against India's antitrust penalty law that since last ...
19 hours ago
Poland's CD Projekt third-quarter net profit jumps 148%
GDANSK :Poland's biggest game developer CD Projekt on Wednesday reported a 148 per cent year-on-year rise in third-quarter net profit compared with the previous year thanks to strong sales of games from its back catalogue, mainly "Cyberpunk 2077" and its "Phantom Liberty" ex ...
20 hours ago
Yen dips as rate hike talk fades; sterling lifted by UK budget
NEW YORK :The yen weakened against the dollar on Wednesday, after an initial boost from speculation about a possible Bank of Japan rate hike next month faded, while sterling advanced on a UK budget that offered a larger-than-expected fiscal buffer.The dollar fell as investors maintained expectations ...
20 hours ago
Yen dips despite rate hike talk; sterling lifted by UK budget
LONDON/NEW YORK :The Japanese yen slid against the dollar on Wednesday even as expectations rose that the Bank of Japan could hike rates next month, while sterling gained as investors welcomed a UK budget that delivered a larger-than-expected fiscal buffer.The dollar fell, weighed down by expectatio ...
20 hours ago
TelevisaUnivision networks return to YouTube TV under new deal ending two-month blackout
TelevisaUnivision said on Wednesday it signed a multi-year distribution deal with YouTube TV, restoring the Spanish-language media company's networks on the pay-TV service after a nearly two-month blackout.The channels went dark on one of the largest pay-TV services in the U.S. on September 30. ...
20 hours ago
NASA rover detects electrical discharges - 'mini-lightning' - on Mars
WASHINGTON :NASA's Perseverance rover has obtained evidence that the atmosphere of Mars is electrically active, detecting electrical discharges - what one scientist called "mini-lightning" - often associated with whirlwinds called dust devils that regularly saunter over the planet ...
21 hours ago
US group sues Apple over Congo conflict minerals
DAKAR/LONDON :A U.S.-based advocacy group has filed a lawsuit in Washington accusing Apple of using minerals linked to conflict and human rights abuses in the Democratic Republic of Congo and Rwanda despite the iPhone maker's denials. International Rights Advocates (IRAdvocates) has previously ...
21 hours ago
US: Wall Street opens higher as December Fed rate-cut bets grow
[NEW YORK] Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic...
21 hours ago
Wall Street opens higher as December Fed rate-cut bets grow
[NEW YORK] Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic...
22 hours ago
Grindr's two top shareholders scrap $3.46 billion take-private bid after board ends talks
Grindr's two largest shareholders said on Wednesday that they had withdrawn their proposed $3.46 billion offer to take the dating app private, shortly after the company ended talks over financing concerns.Ray Zage and James Lu, who together own more than 60 per cent of Grindr's outstanding ...
22 hours ago
Grindr's majority shareholders scrap $3.46 billion take-private bid
Grindr's majority shareholders Ray Zage and James Lu have withdrawn their $3.46 billion offer to take the dating app private, the bidders said on Wednesday.
22 hours ago
S&P cuts Tether stablecoin rating to 'weak' on disclosure gaps
PARIS :S&P Global downgraded its rating of Tether, the world's largest stablecoin on Wednesday, citing an increase in higher-risk assets in its reserves and "persistent gaps in disclosure".Tether said it "strongly disagrees with the characterization presented in the report&qu ...
22 hours ago
Tether's stablecoin downgraded to 'weak' in S&P assessment
PARIS :S&P Global has downgraded its rating of the world's largest stablecoin, Tether, citing an increase in higher-risk assets in the cryptocurrency's reserves and "persistent gaps in disclosure", the ratings agency said on Wednesday.S&P in 2023 created a new scale from ...