Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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7 hours ago
Beware trade wars becoming cold wars
Leon Hadar - WHEN discussing the history of the Cold War with students during a class on American diplomacy, I always stress that unlike the other two World Wars of the 20th century, we cannot pinpoint a date on which the geo-strategic confrontation between the United States and the Soviet Union started - or fo ...
7 hours ago
Be future-ready with a diverse, gender-balanced workforce
Michele Wee - TECHNOLOGY has transformed our economy, redefined the way we work and shaken up the status quo. Finance, among other industries, is facing dramatic transformation brought about by new market entrants, evolving customer expectations and changing skills requirements.
7 hours ago
Nigeria's business prospects, investment opportunities to grow in government's 2nd term
Ronak Gopaldas - NIGERIA'S President Muhammadu Buhari successfully secured a second term at the helm of Africa's largest economy. Despite the controversial circumstances surrounding the run-up to the February poll, this was a convincing electoral result and provides a strong mandate for the president and his All Pr ...
7 hours ago
Tech stocks take a beating amid Washington's ban against Huawei
Navin Sregantan - SINGAPORE tech counters faced selloffs on Tuesday in the wake of Washington's ban of Huawei Technologies from purchasing parts and components from American firms without US government approval.
7 hours ago
Home design startup Livspace snags investment from Ikea group
Sharanya Pillai - OMNICHANNEL synergies, product integration and regional expansion are all on the table for home design and renovation startup Livspace now that it has bagged a strategic investment from the largest owner of Ikea stores, chief executive Anuj Srivastava told The Business Times on Tuesday.
7 hours ago
Huawei accuses US of bullying, says working with Google to respond to ban
Lee Meixian - Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to counter trade restrictions imposed by Washington last week, a senior Huawei executive said.
9 hours ago
Airbus prepares counter-punch to new Boeing mid-sized jet
Airbus' programs chief said trade tensions could impact customers, although the sales chief at the European planemaker said its market remained "quite positive" and less dependent upon economic cycles than before.
10 hours ago
Huawei puts Honor above Android at new smartphone launch
Lee Meixian - Huawei launched its new Honor 20 series smartphones in London on Tuesday in a presentation that emphasized the Chinese company's technology but made no reference of a possible rupture with Google.
11 hours ago
Former Tesla bull makes US$10 worst case call on China worries
Lee Meixian - REUTERS: One of Tesla's former biggest supporters on Wall Street said on Tuesday the electric carmaker's shares could fall to US$10 from nearly US$200 now, if tensions with China escalate and sap demand for its cars. Shares of Tesla edged down, heading for their fifth straight session of losses . ...
11 hours ago
Fed officials see past inflation misses as trouble for any new framework
Lee Meixian - In discussing the best way to manage the U.S. central bank's 2 percent inflation goal, Federal Reserve officials are considering strategies that may see them tolerate much higher price increases in some years to offset the weaker ones.
11 hours ago
US existing home sales fall for second straight month
WASHINGTON: US home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter. The unexpected drop in sales reported by .. ...
11 hours ago
Nepal bans Chinese digital wallets
Lee Meixian - KATHMANDU: Nepal said on Tuesday (May 21) that it has banned popular Chinese digital wallets Alipay and WeChat to prevent the loss of foreign currency earnings from tens of thousands of Chinese tourists. Over 150,000 Chinese holidaymakers visited Nepal last year, many using digital wallets to pay ...
11 hours ago
VW truck brand to invest US$344 million in Brazil after Ford exit
Lee Meixian - Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais (US$344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an industrial city near Sao Paulo.
12 hours ago
Tech stocks pull Wall Street higher as US eases Huawei restrictions
Lee Meixian - U.S. stock index futures rose on Tuesday after the United States temporarily eased restrictions on China's Huawei Technologies, allaying investor concerns over a further escalation in a bitter trade war between the two countries.
12 hours ago
McDonald's faces 25 new sexual harassment complaints from workers
Lee Meixian - McDonald's Corp was accused on Tuesday in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up.
12 hours ago
US senators urge Volkswagen to end delay in Tennessee union vote
Lee Meixian - Three Democratic U.S. senators on Tuesday questioned the decision by Volkswagen AG's U.S. unit to delay a union election for workers at its Tennessee assembly plant.
12 hours ago
Huawei launches new Honor phones, doesn't mention Android
Huawei launched its new Honor 20 series smartphones in London on Tuesday in a presentation that emphasized the Chinese company's technology but made no reference of a possible rupture with Google.
12 hours ago
Hobbling Huawei: Inside the US war on China's tech giant
In early 2018, in a complex of low-rise buildings in the Australian capital, a team of government hackers was engaging in a destructive digital war game.
12 hours ago
Pound bobs on Brexit, European stocks recover from Huawei scare
Lee Meixian - LONDON: Relief that the United States took a step away from imposing crushing restrictions on Huawei helped European stocks recover on Tuesday (May 21), while the pound whiplashed on fresh Brexit drama. After hitting a four-month low at US$1.2685 the pound shot higher on speculation Prime Minister ...
13 hours ago
Acromec unit to build, operate waste-to-energy plant for Chew's Agriculture poultry farm
Yunita Ong - SPECIALIST engineering firm Acromec's 80 per cent owned unit will build, own and operate a waste-to-energy power plant at Chew's Agriculture's new poultry farm at Neo Tiew Road, off Lim Chu Kang.
13 hours ago
Tech stocks lead rally on Wall Street after Huawei breather
Lee Meixian - U.S. stock index futures rose on Tuesday after the United States temporarily eased restrictions on China's Huawei Technologies, allaying investor concerns over a further escalation in a bitter trade war between the two countries.
13 hours ago
Singapore narrows 2019 GDP forecast, as Q1 logs slowest growth in nearly a decade
SINGAPORE: Singapore has slashed the upper end of its annual growth forecast as official data showed the economy clocking its slowest growth in nearly a decade during the first three months of 2019. The Ministry of Trade and Industry (MTI) said on Tuesday (May 21) that it now expects gross ...
13 hours ago
Nokia CEO sees possible benefits from Huawei tensions
Lee Meixian - Nokia Chief Executive Rajeev Suri said on Tuesday that the company had been a little slow in getting 5G technology up and running, citing merging its own technology plans with those of acquired Alcatel-Lucent as a reason.
14 hours ago
Mobile phone shops stop buying Huawei phones from customers; anxiety sets in for existing users
youjin.low -
14 hours ago
Senators urge Volkswagen to end delay in Tennessee union election
Lee Meixian - Three Democratic U.S. senators on Tuesday questioned the decision by Volkswagen AG's U.S. unit to delay a union election for workers at its Tennessee assembly plant.
14 hours ago
MOH may impose stricter timelines for review of disciplinary cases by SMC
youjin.low -
15 hours ago
Singapore’s Biofourmis secures $35m Series B funding co-led by Sequoia India
Ardi Wirdana - The company will use the capital to advance its AI-powered digital therapeutics platform. The post Singapore’s Biofourmis secures $35m Series B funding co-led by Sequoia India appeared first on DealStreetAsia.
15 hours ago
Wall Street bounces as Huawei reprieve sparks rally
Lee Meixian - U.S. stock index futures rose on Tuesday after the United States temporarily eased restrictions on China's Huawei Technologies, allaying investor concerns over a further escalation in a bitter trade war between the two countries.
15 hours ago
Monkeypox case: All-clear given by MOH for 22 people in close contact with patient
youjin.low -
15 hours ago
Morgan Stanley piles pressure on Tesla with US$10 worst case call
Lee Meixian - Further falls in Tesla Inc's share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their worse-case scenario for the electric car producer to just US$10.
15 hours ago
Chevron House sale to be completed by Q1 of 2020: Oxley
Yunita Ong - OXLEY Holdings will complete asset enhancement initiative (AEI) works on Chevron House and expects to achieve final completion of the sale of the 32-storey Raffles Place commercial building no later than the first quarter of 2020.
15 hours ago
Smoking cabin that turns cigarette smoke into clean air launched in one-north
SINGAPORE: A smoking cabin that is fitted with a filtering system, turning cigarette smoke into clean air, was launched on Tuesday (May 21) outside Fusionopolis in one-north.  "It is the first facility that has been developed to solve the issue of secondhand cigarette smoke in Singapore," ...
15 hours ago
Nokia CEO admits to delays in rolling out 5G
Lee Meixian - Nokia Chief Executive Rajeev Suri said on Tuesday that the company had been a little slow in getting 5G technology up and running, citing merging its own technology plans with those of acquired Alcatel-Lucent as a reason.
15 hours ago
US stocks open higher on Huawei reprieve
Lee Meixian - U.S. stock index futures rose on Tuesday after the United States temporarily eased restrictions on China's Huawei Technologies, allaying investor concerns over a further escalation in a bitter trade war between the two countries.
16 hours ago
Special Report: Hobbling Huawei - Inside the US war on China's tech giant
Lee Meixian - In early 2018, in a complex of low-rise buildings in the Australian capital, a team of government hackers was engaging in a destructive digital war game.
16 hours ago
Futures bounce as US eases restrictions on Huawei
U.S. stock index futures rose on Tuesday after the United States temporarily eased restrictions on China's Huawei Technologies, allaying investor concerns over a further escalation in a bitter trade war between the two countries.






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