1 day 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
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day 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 ...
2 days ago
China's factories snap years-long deflation spell on Iran war price shock
BEIJING: China's factory-gate prices rose for the first time in more than three years in March, in an early sign that the war in Iran is feeding cost pressures into the world’s second-largest economy.
2 days ago
Science Centre Singapore puts service robots to work in public-facing trial
Nurdianah Md Nur - Science Centre Singapore has introduced six robots into its galleries to perform roles typically handled by staff, including guiding visitors and ushering. The pilot gives visitors a chance to see how robotics can support learning and engagement in a public setting, while allowing the organisation t ...
2 days ago
Singapore, Australia commit to keep LNG, diesel flowing; working on legally binding agreement
This pact on economic resilience and essential supplies will span energy and other critical sectors
2 days ago
Data governance hurdles slow AI adoption for managed service providers
Nurdianah Md Nur - Data governance and compliance challenges have emerged as the biggest barrier to enterprise artificial intelligence (AI) adoption, with 51% of managed service providers (MSPs) globally identifying them as the primary obstacle. This reflects a broader shift as AI moves beyond pilot projects into live ...
2 days ago
TSMC's first-quarter revenue surges as AI interest propels sales beyond market forecasts
(Corrects trillion, not billion, Taiwanese dollars in the third paragraph)TAIPEI, April 10 : TSMC, the world's largest contract chipmaker, on Friday reported a 35 per cent surge in first-quarter revenue, beating market forecasts, thanks to unabated interest in artificial intelligence applicatio ...
2 days ago
TSMC's Q1 revenue jumps 35% y/y, beats market forecasts
TAIPEI, April 10 : The world's largest contract chipmaker, TSMC, reported first-quarter revenue of T$1.134 trillion ($35.71 billion) on Friday, rising 35 per cent on the year to beat market forecasts on surging interest in artificial intelligence (AI) applications.January-March revenue of T$1.1 ...
2 days ago
TSMC's Q1 revenue jumps 35% y/y, beats market forecast
TAIPEI, April 10 : TSMC, the world's largest contract chipmaker, reported on Friday first-quarter revenue of T$1.134 trillion ($35.71 billion), beating the market forecasts and up 35 per cent on the year ago period on surging interest in artificial intelligence (AI) applications.An LSEG SmartEs ...
2 days ago
Airline pilots fear retribution over refusing to fly in Middle East, aviators’ group says
Pilots lament a lack of guidance on risks
2 days ago
Payments infrastructure – not apps – will define South-east Asia fintech’s next decade
Four critical developments point to where payments in the region are heading next
2 days ago
Trending with institutional investors, ValueMax changes perceptions of the pawnbroking business
Lin Daoyi - In mass media, pawnshops are often portrayed as places where everyday folks try to pawn family heirlooms for money. A stereotypical scene involves a customer reluctantly passing their treasured possessions to the scowling pawnbroker — usually sitting behind a high counter with grills — who would ...
2 days ago
Business not as usual
Kwan Wei Kevin Tan - Singapore Business Federation CEO Kok Ping Soon believes the country could improve AI adoption among SMEs Singapore Business Federation (SBF) CEO Kok Ping Soon may have spent most of his career in public service, but he is well-versed in tackling the challenges faced by businesses in the city-state. ...
2 days ago
Banking on AI at DBS
Kwan Wei Kevin Tan - DBS’s Han Kwee Juan’s background in computer science makes him the man of the moment when it comes to melding AI and banking Majoring in accounting, business administration, or economics would be the obvious choice for any aspiring banker. That, however, wasn’t the path taken by DBS’s (SGX: ...
2 days ago
Businesses are not alone in climate transition; early movers will get an advantage: Ravi Menon
Lin Daoyi - Ravi Menon, Singapore’s Ambassador for Climate Action, says that businesses in Singapore “are not alone” in the climate transition. Speaking at the launch of the Council for a Competitive Climate Transition (C3T) on April 6, Menon says that, to address climate change issues while balancing bus ...
2 days ago
Is Elon Musk’s gigantic Terafab just a pie in the sky?
Assif Shameen - Imagine you are almost a trillionaire with a net worth of around US$852 billion ($1.1 trillion). Without the Iran war and the selloff in tech stocks, you would probably be a trillionaire by now. Imagine that you genuinely believe the one thing that is slowing down the growth of your sprawling tech e ...
2 days ago
Why has Singapore emerged as the stablecoin centre?
Nirgunan Tiruchelvam - Investors may want to check out the latest hit on Netflix — a series called Peaky Blinders, which has been viewed 25 million times. The series is set in the 1940s during WW2. It features a Nazi plot to destroy the British economy. Hitler planned to flood the British economy with GBP70 million of c ...
2 days ago
In troubled times, remember that investment is a circular game
Andrew Sheng - Life is a trade-off between the short term and the long term. If we consume today, we have less for tomorrow. Investing today means planting today to harvest tomorrow. So how should we balance instant gratification today versus unknown fruit tomorrow? It’s all about strategic patience. The Iran wa ...
2 days ago
IMDA boosts support for tech fresh graduates with more industry immersions, career resources
Benjamin Cher - This is part of better preparing them for the workforce, says Senior Minister of State for Digital Development and Information Tan Kiat...
2 days ago
IMDA boosts support for fresh tech graduates with more industry immersions, career resources
Benjamin Cher - This is part of better preparing them for the workforce, says Senior Minister of State for Digital Development and Information Tan Kiat...
2 days ago
South Korea holds rates steady as Iran war fans inflation, growth risks
Analysts expect no changes in the policy rate this year
2 days ago
Three office floors at Suntec Tower 1 and 2 for sale at $135 mil
Jovi Ho - A portfolio of three full office floors at Suntec Tower 1 and 2 are up for sale for $135 million, or an average of $3,350 psf on strata area. Investors can expect to enjoy a yield above 4% on a fully let basis, according to exclusive marketing agent Savills Singapore. The offering comprises level 27 ...
2 days ago
Why US-Iran ceasefire has not led to Hormuz strait reopening
Iran has asserted control over the waterway and effectively halted most commercial traffic
2 days ago
Would you invest in an S-REIT with a blue-chip sponsor?
Goola Warden - According to Art Anuruk Karoonyavanich, head of equity capital markets at DBS Group Holdings, seven REIT IPOs are in the pipeline, with three likely IPOs this year. Of these, at least one will be in 4Q2026. In addition, all of the seven pipeline REIT IPOs are likely to be externally managed. So far, ...
2 days ago
A solution hidden in the side door
Daryl Guppy - Acolleague of mine posted a photo of himself standing shoulder to shoulder in a long line of crowded people in Beijing during the Qingming Festival holiday. His caption, “I made it onto Chinese social media for being stupid enough to visit the Forbidden City during a public holiday”, captured th ...