2 days ago
Who is Kenneth Goi, son of the ‘Popiah King’ and PSC’s next CEO?
Koh Kim Xuan - His father Sam Goi gave him plenty of opportunities to learn about the business; he has held many roles in the family’s...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
UK threatens tech bosses with jail if they fail to remove non-consensual intimate images
LONDON, April 10 : Britain on Friday warned tech bosses they could be held personally liable and face imprisonment if their platforms fail to remove intimate images shared without consent when required to do so.A surge in non-consensual images has fed into Britain's wider debate over online saf ...
2 days ago
Apple leads smartphone market even as overall shipments decline: Counterpoint
The decline is primarily driven by memory players prioritising AI data centres over consumer electronics
2 days ago
Bessent, Powell warn bank CEOs about Anthropic model risks, sources say
The company is stopping short of a broad release, citing concerns of the model exposing cybersecurity vulnerabilities
2 days ago
Jack Ma’s Yunfeng, Hillhouse plan investing in Victory Giant’s US$2 billion listing: sources
The firms are planning to participate as cornerstone investors
2 days ago
Hong Kong grants first stablecoin licences to StanChart joint venture and HSBC
Both are forecast to launch in H2 2026 to cover cross-border and local use cases, and digital asset trading
2 days ago
Stefano Gabbana has resigned as Dolce & Gabbana chair, filing shows
The designer weighs options for his 40% stake ahead of negotiations with bank lenders
2 days ago
The unconventional logic behind SpaceX's $1.75 trillion price tag
NEW YORK, April 10 : Wall Street is reaching for some unusual yardsticks to price Elon Musk's SpaceX.At least one of SpaceX’s large institutional investors is privately benchmarking the rocket and satellite company not against aerospace rivals like Boeing or telecom giants like AT&T, but ...
2 days ago
Big Tech puts financial heft behind next-gen nuclear power as AI demand surges
April 9 : Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centers, inking deals that offer nuclear companies both funding and a clearer path to making money.Several U.S. firms are developing new modular react ...
2 days ago
Singapore stocks edge up 0.3% on Friday to end week higher
Renald Yeo - The STI is up 12.33 points to 4,989.41
2 days ago
Singapore stocks edge up 0.2% on Friday to end week higher
Renald Yeo - The iEdge Singapore Next 50 Index is up 2.5% at 1,503.21
2 days ago
Vietnam’s Vingroup signs pact with India's Maharashtra to explore $6.5 billion investments
April 10 : Vietnam's largest conglomerate Vingroup on Friday signed a memorandum of understanding with India's Maharashtra's state government to explore $6.5 billion in investments aimed at building a multi-sector ecosystem in the financial capital.The move will deepen Vingroup's ...
2 days ago
Vietnam’s Vingroup signs pact with India's Maharashtra state to explore $6.5 billion investments
April 10 : Vietnamese conglomerate Vingroup said on Friday it had signed an agreement with India's Maharashtra state to explore multi‑sector investments worth $6.5 billion.
2 days ago
Analysis:Crypto giant Kraken's Fed payment account sparks concerns about risks
April 10 : Crypto giant Kraken's landmark Federal Reserve master account comes with restrictions aimed at mitigating risks, but it - and others likely to follow in its wake - could still create vulnerabilities for the U.S. financial system. Founded in 2011, Wyoming-based Kraken is one of the wo ...
2 days ago
White House warns staff on insider trading amid Iran war bets
This comes after a series of recent well-timed and profitable wagers raised questions
2 days ago
Chinese energy storage firms push harder overseas as orders boom
Large-scale storage exports rise 130%; residential systems climb over 65%
2 days ago
Bangkok-based Minor Hotels builds data and AI platform to sharpen guest personalisation
Nurdianah Md Nur - Bangkok-based Minor Hotels is building a global data and artificial intelligence (AI) platform with partners including Google Cloud, Salesforce, OneTrust and Deloitte, as the hospitality group moves to consolidate customer data and sharpen how it engages guests. The new system will unify guest data, ...
2 days ago
Hong Kong grants first stablecoin licences to StanChart joint venture, HSBC
HONG KONG, April 10 : Hong Kong has issued its first batch of licences for fiat-backed stablecoins, marking a major step in the city's push to develop regulated digital currencies in global finance and trade.The Hong Kong Monetary Authority (HKMA) said on Friday it had approved HSBC and a joint ...
2 days ago
Apple leads smartphone market even as overall shipments decline, Counterpoint says
2 days ago
Apple leads global smartphone shipments in first quarter, Counterpoint says
April 10 : iPhone-maker Apple led smartphone shipments in the first quarter, growing 5 per cent year-on-year, even as overall global shipments remained under pressure due to a shortage of memory components and weak consumer sentiment, Counterpoint Research said on Friday.
2 days ago
Fuel shock meets faith: Iran war drives up pilgrimage costs for South-east Asian Muslims
Elisa Valenta - Surging oil prices are forcing airlines to balance rising costs with their commitment to transport pilgrims
2 days ago
Just what the doctor ordered: Temasek-backed Foundation Healthcare eyes regional push
Renald Yeo - It will consider new equity for expansion via acquisitions or greenfield projects
2 days ago
Alibaba claims viral Happy Horse AI model in latest breakthrough
This comes amid the Chinese company’s push to remake itself into a leading player in artificial intelligence
2 days ago
Singapore’s hunt for AI stars risks alienating small players
The government is going well beyond the US$700 million it has committed to artificial intelligence research
2 days ago
DBS initiates ‘buy’ on Wee Hur Holdings with TP of 90 cents
Felicia Tan - DBS Group Holdings analysts Ng Jia Hui, Derek Tan and Geraldine Wong have initiated “buy” on Wee Hur Holdings as the Mainboard-listed construction company seeks to diversify its operations to include property development, workers’ accommodation and purpose-built student accommodation (PBSA). C ...
2 days ago
DBS initiates coverage on Wee Hur with ‘buy’, S$0.90 target price
Shikhar Gupta - The Pioneer Lodge dormitory is set to contribute S$30 million to S$40 million in revenue in 2026
2 days ago
SpaceX begins installing equipment at Texas facility, eyes year-end production, sources say
TAIPEI, April 10 : SpaceX has begun installing equipment at its advanced chip packaging facility in Bastrop, Texas, as the satellite and rocket company aims to begin production there by the end of this year, two sources familiar with the matter told Reuters.One of the sources said the timeline had s ...
2 days ago
Canada's Cohere, Germany's Aleph Alpha in merger talks, Handelsblatt reports
FRANKFURT, April 10 : Artificial intelligence companies Cohere of Canada and Aleph Alpha of Germany are in talks to merge and have Berlin's support for a potential deal, newspaper Handelsblatt reported late on Thursday.Citing government and industry sources, the paper said that the German gover ...
2 days ago
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Ry-Anne Lim - Returns are often lower than equities, but policy and psychology keep property at the centre of wealth
2 days ago
Hyundai to recall over 294,000 US vehicles over seat belt anchor defect
2 days ago
Thailand will introduce support measures to ease impact of high oil prices, minister says
2 days ago
Thailand has limited ammunition to address economic problems, says finance minister
2 days ago
Banks, blue chips see heavy trade on SGX in volatile Q1
Deon Loke - Turnover is high among stocks viewed as anchors of stability or those positioned to navigate supply chain disruptions
2 days ago
South Korea Justice Minister reassures investors on corporate governance reform
GWACHEON, South Korea, April 10 : South Korean Justice Minister Jung Sung-ho said Seoul's regulations will remain transparent for investors, stressing that President Lee Jae Myung's government would continue to take on corporate governance reform despite stiff opposition from business.Sinc ...