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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14 hours ago
GE2020 constituency broadcasts: What Ang Mo Kio GRC candidates have to say
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14 hours ago
Wirecard trustee in Singapore not licensed: MAS
The Edge Singapore - SINGAPORE (July 3): The Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary Authority of Singapore (MAS) have launched a joint investigation into Citadelle Corporate Services Pte Ltd (Citadelle), Senjo Group Pte Ltd and its subsidiaries (Senjo) for suspected falsifica ...
14 hours ago
Asia Digest: BEST expands to three markets; Braingaze partners Ping An, 7invensun 
Sarah Yuniarni - Last year, BEST rolled out its services in Thailand and Vietnam. The post Asia Digest: BEST expands to three markets; Braingaze partners Ping An, 7invensun  appeared first on DealStreetAsia.
15 hours ago
Citadelle Corporate Services and Senjo Group under probe following Wirecard review
Tay Peck Gek - SINGAPORE's white-collar crime-buster and the Monetary Authority of Singapore (MAS) have launched a joint investigation into Citadelle Corporate Services and Senjo Group, following a review of developments relating to insolvent German fintech company Wirecard.
15 hours ago
GE2020 constituency broadcasts: What Aljunied GRC candidates have to say
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15 hours ago
Affle (India) ends higher on buying stake in Singapore firm OSLabs
Ashwin Ramarathinam - The acquisition is likely to completed by 25 July. The post Affle (India) ends higher on buying stake in Singapore firm OSLabs appeared first on DealStreetAsia.
15 hours ago
Many Americans' July 4 celebrations go virtual as COVID-19 cases surge
Natalie Choy - REUTERS: On a holiday weekend that would typically draw crowds to watch fireworks, march in parades and wave the red, white and blue, many Americans kicked off Independence Day exactly where they have been for months: at home. The holiday marking the country's 244 years of independence comes four .. ...
15 hours ago
Angolan app gives performers a lifeline - streaming to paying public
Natalie Choy - When the Angolan government imposed its coronavirus lockdown in late March, local entrepreneur and innovator Claudio Kiala saw a gap in the market when it came to virtual entertainment.
15 hours ago
‘We work as a team’: PAP’s Ang Wei Neng on going up against PSP’s Tan Cheng Bock in West Coast GRC
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15 hours ago
Hibiki fund says will vote against Accordia Golf Trust divestment unless price is raised
Marissa Lee - THE price offered by the sponsor of Accordia Golf Trust (AGT) to buy over the trust's golf courses is too low, as these assets generate "significantly attractive cashflow", the largest minority unitholder of AGT has argued in an open letter.
15 hours ago
India’s Pine Labs mulls buying part of Wirecard’s Asia biz: Report
Paramita Chatterjee - If talks fructify, Pine Labs’ acquisition of Wirecard assets would enable it to expand in SE Asia. The post India’s Pine Labs mulls buying part of Wirecard’s Asia biz: Report appeared first on DealStreetAsia.
15 hours ago
Suspects in Ghosn's Japanese escape stand trial in Turkey
ISTANBUL: Seven suspects went on trial in Turkey on Friday over their alleged involvement in former Nissan boss Carlos Ghosn's dramatic escape from Japan to Lebanon via Istanbul at the end of last year. Ghosn, once a titan of the global auto industry, had been arrested in Japan in late 2018 and ...
15 hours ago
Support holds, expect all round steadier phase
The Edge Singapore - SINGAPORE (July 3): Support at the 2,620 area has held for the Straits Times Index, as has its 50-day moving average — currently at 2,607. On July 3, the STI closed at 2,652. The moving average has turned up since the week of June 22–26, and the index has moved above and away from the indicator. ...
15 hours ago
GE2020: PAP should raise concerns on 10 million population figure with The Straits Times, says SDP
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16 hours ago
India's Bharti and UK win auction for satellite operator OneWeb - source
Natalie Choy - LONDON: Indian conglomerate Bharti and the British government have won an auction for collapsed satellite broadband operator OneWeb, a person familiar with the situation told Reuters. Prime Minister Boris Johnson's government has pledged 500 million pounds (US$623 million) in equity and the two ...
16 hours ago
Former NMP Viswa Sadasivan raises Inconvenient Questions again, providing platform to discuss GE-related issues
razalia -
16 hours ago
DBS partner Schroders to launch multi-asset fund for retirement income planning from as little as $1,000
Felicia Tan - SINGAPORE (July 3): DBS and Schroder Investment Management (Singapore) Ltd (Schroders Singapore) on Friday announced the launch of multi-asset fund Schroder Asia More+. The new fund, which is aimed at investors who have retired, offers them the option of decumulating assets. According to a state ...
16 hours ago
Sushi meets AI: Japanese inventor's app scopes out choice tuna cuts
Rachel Mui - If you've ever bought supermarket sushi, you may know the taste trauma that hit Kazuhiro Shimura one night. But "disappointing" tuna sparked an idea: he'd develop an artificial intelligence (AI) system to make sure your sashimi is always delicious.
16 hours ago
Fiat sticks by terms of PSA deal after divided cut report
Fiat Chrysler is considering options to reduce a planned cash payout to its shareholders which is part of its tie-up agreement with France's PSA , including spinning off assets, Italian daily Il Sole 24 Ore said on Friday.
16 hours ago
Former IMH employee accused of filming female colleagues and vulnerable patients, molesting others
siewfern -
16 hours ago
Miyoshi expects a Q3 loss triggered by pandemic
Tay Peck Gek - LISTED components manufacturer Miyoshi Limited expects to report a loss for the third quarter of FY2020, compared to a profit in the corresponding period for the previous financial year.
16 hours ago
Uber widens taxi app to Japan's Tokyo but ride-sharing still barred
Rachel Mui - Uber Technologies launched a ride-hailing smartphone application in Tokyo on Friday in partnership with three domestic taxi firms, even as strict regulations block its popular ride-sharing service in Japan.
16 hours ago
Pine Labs considers bid for Wirecard’s businesses in Southeast Asia
Bloomberg - (July 3): Pine Labs, the Indian payments company backed by Sequoia Capital and Mastercard Inc., is considering a bid for fallen fintech star Wirecard AG’s businesses in Southeast Asia and India, according to people familiar with the matter. A potential bid is still at an exploratory stage, as ther ...
16 hours ago
Temasek Holdings, Google, in talks to invest in Tokopedia
Bloomberg - (July 3): Google and Temasek Holdings Pte are in negotiations to join a funding round of between US$500 million ($696.9 million) and US$1 billion for Indonesian e-commerce giant PT Tokopedia, according to people familiar with the matter. Tokopedia, the online marketplace backed by SoftBank Group Co ...
16 hours ago
Hong Kongers scrub social media history in face of security law
Tay Peck Gek - Hong Kongers are scrubbing their social media accounts, deleting chat histories and mugging up on cyber privacy as China's newly imposed security law blankets the traditionally outspoken city in fear and self-censorship.
16 hours ago
KGI Securities initiates coverage on Singapore O&G at 'neutral' on affected earnings due to Covid-19, and falling birth rates
Felicia Tan - SINGAPORE (July 3): KGI Securities has initiated coverage on specialist healthcare group for women and children, Singapore O&G (SOG), with a “neutral” recommendation, and a 12-month target price of 32 cents. “We highlight the key risks as a basis for our ‘neutral’ rating despite the in ...
16 hours ago
Indian video-sharing apps surge in popularity on TikTok ban
Tay Peck Gek - Indian tech and entertainment firms are looking to capitalise on sudden opportunities arising from a government ban on Chinese owned apps, including the wildly popular TikTok, with one rival video app saying it had added 22 million users in 48 hours.
17 hours ago
Singapore had 880 visitor arrivals in May 2020, down from 1.49m in May 2019: STB
Sharon See - SINGAPORE had just 880 visitor arrivals in May 2020, as the country remained closed to short-term visitors to stem the risk of importing Covid-19 during the second month of its "circuit breaker" period.
17 hours ago
Police reviewing incident involving therapist accused of abusing child with autism
amanda.eber -
17 hours ago
CEO promises to eliminate 'toxic behaviours' at Ubisoft
The head of Ubisoft has promised a "structural shift" to eliminate toxic behaviour following allegations of sexual assault and harassment by managers at the French video game publisher.
18 hours ago
Singapore retail sales fall 52.1% in record drop in May during COVID-19 circuit breaker
SINGAPORE: Singapore’s total retail sales fell a record 52.1 per cent on a year-on-year basis in May, while the country was still under a COVID-19 “circuit breaker”, according to data released by the Department of Statistics (SingStat) on Friday (Jul 3).   The drop was the steepest since re ...
18 hours ago
NYSE-listed BEST Inc offers delivery services in Singapore as part of Southeast Asia expansion
Amala Balakrishner - SINGAPORE (July 3): New York Stock Exchange-listed BEST Inc is set to offer its parcel delivery services in Singapore, Malaysia and Cambodia, as part of its expansion into Southeast Asia. This follows its entry into Thailand and Vietnam last year, the China-based integrated smart supply chain soluti ...
18 hours ago
IMDA to roll out full parcel locker network by end-2021
Leila Lai - A NATIONWIDE network of parcel lockers slated to be fully rolled out by end-2022 will be ready one year ahead of schedule, the Infocomm Media Development Authority (IMDA) announced on Friday.
18 hours ago
Google-backed groups criticise Apple's new warnings on user tracking
SAN FRANCISCO: A group of European digital advertising associations on Friday (Jul 3) criticised Apple's plans to require apps to seek additional permission from users before tracking them across other apps and websites. Apple last week disclosed features in its forthcoming operating system for .. ...
18 hours ago
EMERGING MARKETS-Rupiah stumbles, Indian rupee soars; stocks track weekly gains
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18 hours ago
7 in 10 Singaporeans wish to travel in 2020, says YouTrip survey
Ng Qi Siang - SINGAPORE (July 3): A survey by multi-currency travel wallet firm YouTrip found that 7 in 10 Singaporeans still wish to travel in 2020. This is in spite of global uncertainty arising from the Covid-19 pandemic, which has seen lockdown measures and travel bans instituted worldwide.  The YouTrip Trav ...






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