9 hours ago
Qantas logs record first-half profit on strong travel demand, new aircraft
It announced an interim dividend of 19.8 Australian cents a share
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
Qantas first-half profit beats estimates on strong travel demand
It announced an interim dividend of 19.8 Australian cents a share
9 hours ago
Salesforce gives disappointing sales outlook, feeds AI fears
The company says that it expects “organic growth re-acceleration” in the second half of the year
9 hours ago
Nvidia’s results beat estimates, but Wall Street wants more cash return
Its adjusted profits came in at US$1.62 per share, compared with estimates of US$1.53
9 hours ago
Nvidia forecasts upbeat quarterly sales as AI boosts chip demand
Its adjusted profits came in at US$1.62 per share, compared with estimates of US$1.53
9 hours ago
Seatrium doubles FY2025 earnings to $324 mil on higher revenue and better margins
The Edge Singapore - With higher revenue and better margins, Seatrium has increased its FY2025 earnings by 106% y-o-y to $324 million. Revenue was up 24% to $11.5 billion, mainly from its oil and gas and offshore wind projects, such as the ongoing ones for Petrobras and TenneT. Back in FY2023, when the company was tryin ...
9 hours ago
Zoom forecasts quarterly profit below estimates amid tough competition
Feb 25 : Zoom Communications forecast quarterly profit below Wall Street estimates on Wednesday, signaling intense competition and a cautious spending environment could weigh on its earnings.Shares of the company were down nearly 3 per cent in extended trading.Zoom is increasingly squeezed by rivals ...
9 hours ago
Trading Day: Another tech tonic, Nvidia delivers
9 hours ago
Oil settles little changed, supply worries persist despite large US crude stock build
[HOUSTON] Oil prices settled largely unchanged on Wednesday as a much larger-than-expected US crude stock build did not do much to calm jitters...
9 hours ago
US corporate bond market is most competitive ever: Barclays
The bank says up to one-third of that growth can be attributed to the competitive conditions in the primary market
9 hours ago
Commentary: My aunties now debate Trump’s tariffs on Indonesia. Here’s what they miss
A good tariff deal means little if permits crawl and customs stumble, says a strategic communicator.
9 hours ago
European shares close at record high on HSBC boost, easing AI disruption fears
EUROPEAN shares closed at a record high on Wednesday, underpinned by a rebound in financials after HSBC raised a key lending target, while...
9 hours ago
US stocks: Wall Street extends tech-powered rally as AI worries abate; Nvidia reports
[NEW YORK] Wall Street ended higher on Wednesday, extending its tech-led rally and touching two-week highs as worries over artificial intelligence disruption...
9 hours ago
Nvidia forecasts first-quarter sales above estimates
Feb 25 : Chipmaker Nvidia forecast first-quarter revenue above market estimates on Wednesday, betting on Big Tech's unabated spending on its artificial intelligence processors amid widespread scrutiny of massive AI investments. Shares of Nvidia rose over 2 per cent in extended trading. The worl ...
9 hours ago
Nvidia smashes forecasts with record quarter as AI boom rolls on
The figures sent a powerful signal that the technology buildout dominated by Nvidia that underpins the global AI boom remains in full swing.
10 hours ago
Fintech Chime sees 2026 revenue above estimates on strong demand, shares surge
Feb 25 : Financial technology firm Chime forecast 2026 revenue above Wall Street estimates on Wednesday, helped by strong demand for its digital banking products and resilient consumer spending. The entry of new-age financial technology startups offering digital services, easy-to-use platforms and l ...
10 hours ago
Snowflake expects annual product revenue above estimates as AI boosts demand
Feb 24 : Snowflake forecast fiscal 2027 product revenue above Wall Street estimates on Wednesday, a sign that new clients are turning to the company's cloud-based data analytics platform driven by booming adoption of artificial intelligence tools.Enterprise clients are stepping up investments i ...
10 hours ago
Salesforce forecasts annual revenue below estimates, shares fall
Feb 25 : Salesforce forecast fiscal 2027 revenue below Wall Street expectations on Wednesday, signaling sluggish spending on enterprise business software as it invests heavily in its artificial intelligence platform to drive up demand. Shares of the San Francisco-based company fell nearly 4 per cent ...
10 hours ago
Louisiana utility regulator denies request for probe of Meta data center deal, law group says
Feb 25 : Louisiana utility regulators denied an environmental law group's request to investigate a $27 billion Meta Platforms data center deal, the law group Earthjustice said on Wednesday.Earthjustice filed a motion last month with the Louisiana Public Service Commission asking it to probe pro ...
11 hours ago
US lawmakers want UK briefing on backdoor order to Apple
BRUSSELS, Feb 25 : U.S. House Judiciary Chair Jim Jordan and Foreign Affairs Chair Brian Mast on Wednesday asked the British government to brief them on its order to Apple to create a back door to its encrypted user data so they could better understand the British move.The two lawmakers last year wa ...
12 hours ago
New York sues video game developer Valve, says its 'loot boxes' are gambling
NEW YORK, Feb 25 : New York's attorney general sued Valve, a video game developer whose franchises include Counter-Strike, Team Fortress and Dota, accusing it of violating state gambling laws and threatening to addict children through its use of "loot boxes."In a complaint filed in a ...
12 hours ago
Netflix co-CEO Sarandos to visit White House to discuss Warner Bros bid, Politico reports
Feb 25 : Netflix co-CEO Ted Sarandos will attend meetings at the White House on Thursday to discuss the streaming giant's bid to acquire Warner Bros Discovery's assets and President Donald Trump's demand to remove board member Susan Rice, Politico reported on Wednesday.In the heated t ...
13 hours ago
Canada tells OpenAI to boost safety measures or be forced to by government
OTTAWA, Feb 25 : Canadian ministers told OpenAI that if it did not quickly boost its safety protocols in the wake of a recent school shooting, Ottawa would effect the change through legislation, a top official said on Wednesday.Ottawa summoned OpenAI's safety team for talks on Tuesday after the ...
13 hours ago
Revolut to test stablecoin in UK trial
LONDON, Feb 25 : Britain's Revolut will start testing a crypto token pegged to the British pound, in a trial with three small companies but no big high-street lenders, the Financial Conduct Authority said on Wednesday.The trial will take place as part of the financial regulator's "san ...
13 hours ago
Exclusive-Google to test changes to search results, source says as EU fine looms
BRUSSELS, Feb 25 : Alphabet's Google is poised to start testing changes to its search results to give rivals more prominence, a person with direct knowledge of the matter said on Wednesday, seeking to avoid an EU fine for allegedly favouring its own services in searches for hotels, flights and ...
14 hours ago
White House to host Big Tech in pledge to rein in power costs
Feb 25 (REUTERS) - The White House plans to host leading data center and artificial intelligence companies including Microsoft, Anthropic and Meta Platforms in early March to formalize a deal to shield consumers from rising electricity costs, according to two sources familiar with the plans.The meet ...
14 hours ago
Worldline disposal programme nearly complete, it says after hitting annual results targets
Feb 25 : Digital payment service group Worldline's disposal of non-core parts of the business is near completion, the company said as it reported annual results in line with guidance after a transformational year under its new CEO.The Paris-listed company reported a 2.4 per cent decline in annu ...
14 hours ago
Eleven US states urge DOJ to thoroughly probe Netflix-Warner Bros. deal
Feb 25 : Republican attorneys general from 11 U.S. states have urged the U.S. Department of Justice to conduct a thorough review of Netflix's bid to acquire studio and streaming assets from Warner Bros., saying the deal threatens U.S. dominance in movies, according to a letter seen by Reuters.T ...
15 hours ago
'Exquisite' fossil of one of the smallest dinosaurs found in Argentina
WASHINGTON, Feb 25 : In Argentina's Patagonia region 95 million years ago, some huge dinosaurs roamed the landscape including fearsome meat-eater Giganotosaurus, at about eight tons, and immense long-necked plant-eater Argentinosaurus, perhaps 70 tons. But this was no mere land of the giants, a ...
15 hours ago
Nanofilm posts 11.3% fall in H2 earnings to S$10.2 million
Benjamin Cher - It proposes a final dividend of S$0.0087 per share
15 hours ago
Yen hits two-week low after pro-stimulus board appointments
NEW YORK, Feb 25 : The Japanese yen reached a two-week low against the U.S. dollar on Wednesday after the Japanese government appointed two academics who are viewed as strong advocates of economic stimulus to the central bank’s board, adding to concerns about the pace of further rate hikes.The nom ...
16 hours ago
JP Morgan raises long-term gold price forecast to $4,500
Feb 25 : JP Morgan raised its long-term forecast for gold prices to $4,500 an ounce on Wednesday while keeping its 2026 year-end forecast at $6,300.Spot gold has risen by about 20 per cent this year, hitting a three-week high of $5,248.89 an ounce on Tuesday. It hit a record peak of $5,594.82 on Jan ...
16 hours ago
US tariff rate to hit 15% or more for some nations, trade chief Greer says
The administration will replace struck-down tariffs with 10% Section 122 tariffs and Section 301 investigations
16 hours ago
Wall St opens higher in run-up to Nvidia earnings as AI worries abate
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Feb 25) after volatile sessions earlier this week as investors assessed risks...