19 hours ago
Ride-hailing platforms extend help to drivers affected by Autobahn car repossessions
All three platform operators have waived the security deposit for these drivers
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 hours ago
Amid low rates, UOB Asset Management launches dividend-focused ETF aiming to pay 6%
Tan Weizhen - The new fund invests in ‘leading companies’ in Singapore, Indonesia, Thailand, Malaysia and the Philippines
20 hours ago
Carmakers slash prices again in China, defying regulators
Prices for new cars keep falling as automakers compete to clear out inventory in a sluggish market
20 hours ago
Lenovo expands AI lineup with Nvidia tie-up, Qira platform
CHINA’S Lenovo, the world’s largest personal computer maker, on Tuesday said it has teamed up with US AI chip leader Nvidia to...
20 hours ago
UBS 25-year Asia veteran departs ahead of new wave of job cuts
The Zurich-based firm is set to begin another set of job cuts in mid-January, according to sources
21 hours ago
Asian shares edge lower as global tensions climb, crude oil slumps
[TOKYO] Crude futures slid and resource shares climbed in Asian trading as markets absorbed the impact of political upheaval in Venezuela and the fate...
21 hours ago
Budget 2026: KPMG, SID propose AI training fund for board directors, new work pass category for global ‘master trainers’
Tessa Oh - Other recommendations include industry-specific job transformation maps and a digital platform harmonising FTAs
21 hours ago
Budget 2026: KPMG, SID propose AI training fund for board directors, new workpass category for global ‘master trainers’
Tessa Oh - Other recommendations include industry-specific job transformation maps and a digital platform harmonising FTAs
21 hours ago
Gold, silver slide on profit-booking, US dollar strength
Investors currently expect at least two rate cuts by the Fed this year
21 hours ago
Thai economy's competitiveness is declining, central bank warns
BANGKOK, Jan 7 : Thailand's central bank said on Wednesday the economy is facing challenges, including a sustained decline in competitiveness, with exports expected to be negatively affected by U.S. tariffs and the persistently overvalued baht.Southeast Asia's second-largest economy has ...
21 hours ago
Thai economy's competitiveness is declining, central bank says
BANGKOK, Jan 7 : Thailand's central bank said on Wednesday that the economy is facing challenges, including a sustained decline in competitiveness, with exports expected to be negatively affected by U.S. tariffs.Southeast Asia's second-largest economy has been struggling with an appr ...
21 hours ago
Barclays buys into stablecoin-settlement company Ubyx
Various banks and other financial institutions have announced plans involving stablecoins in the past year
22 hours ago
STI’s 10 best-performing stocks for Q4 and 2025
Therese Soh - The index could hit 5,000 points by end-2026 and 10,000 points by 2040, experts say
22 hours ago
US tells Venezuela to cut ties with China and Russia, ABC says
Any move to cut ties would represent a full political realignment for the country
22 hours ago
Once taboo, IPOs for brewers are back on Thai bourse’s agenda
The country is home to some major brewers
22 hours ago
Open Farm Community in Dempsey to close after 10 years
Paige Lim - The home-grown urban farm and restaurant concept will hold its last day of service on Jan 11
22 hours ago
Thailand stares at 1.6% growth in 2026 as reform calls mount ahead of polls
The downshift would make it the slowest-growing major economy in South-east Asia outside crisis-hit Myanmar
22 hours ago
Hyundai Motor shares rise 15% to hit record high amid Nvidia tie-up speculation
SEOUL, Jan 7 : Shares of Hyundai Motor rallied on Wednesday by as much as 14.9 per cent to hit a record high in morning trade, outperforming the benchmark KOSPI's 1.2 per cent gain amid market speculation about a potential deeper tie-up with Nvidia.Shin Yoon-chul, an analyst at Kiwoom Sec ...
22 hours ago
Nvidia CEO praises robots as 'AI immigrants'
A "robotics revolution" will compensate for labour losses from ageing populations and demographic decline while boosting the economy, said Jensen Huang.
23 hours ago
Pig farming, livestreaming: Singaporeans find new opportunities in China
Ang Eng Guan has been running a pig farming business in Shandong’s Weifang for over 30 years
23 hours ago
Wealthy clients stocking up on Singapore equities to hedge against sliding greenback: BOS
Renald Yeo - The increase marks a sharp acceleration from the typical pace of growth in Singapore-focused allocations
23 hours ago
JP Morgan ups CDL's target price to $10.75
The Edge Singapore - Mervin Song and Terence Khi of JP Morgan have turned even more bullish on CDL recently too, as they cheer the management's focus on unlocking value, with prospects of a "strategic review". In their Jan 6 note, they point out that CDL shares remain at an attractive 20% discount to its ...
23 hours ago
Australian dollar hits 15-month top, inflation data a mixed bag
[SYDNEY] The Australian dollar hit 15-month highs on Wednesday as a mixed bag of inflation data kept alive the prospect of a...
23 hours ago
Lenovo, Nvidia unveil AI cloud gigafactory
Jan 6 : Lenovo unveiled an artificial intelligence cloud gigafactory with NVIDIA at the Consumer Electronics Show in Las Vegas on Tuesday, while also showcasing a slew of other products, including a new AI platform.
24 hours ago
Japan’s corporate debt sales set for another banner year in 2026
The country’s record debt sales coincide with strong issuance of dollar bonds by Asia borrowers
24 hours ago
China extends policy allowing banks to sell bad personal loans
Chinese banks are accelerating write-offs and transfers of bad assets to shore up asset quality as margins have hit record lows
24 hours ago
Grab launches drone delivery pilot for food orders with ST Engineering system
Benjamin Cher - The service will run every Tuesday to Sunday between 10 am and 6 pm; riders will cover start and last mile of...
24 hours ago
Grab launches drone delivery pilot for food orders with ST Engineering
Benjamin Cher - The service will run every Tuesday to Sunday between 10 am and 6 pm, with up to 28 drones deliveries in a...
24 hours ago
Grab launches drone delivery pilot in Singapore with ST Engineering
Shreedhee Sajeev - The service will run every Tuesday to Sunday between 10 am and 6 pm, with up to 28 drone deliveries a day
24 hours ago
Grab launches drone delivery pilot in Singapore with ST Engineering’s solution
Shreedhee Sajeev - The service will run every Tuesday to Sunday between 10 am and 6 pm with up to 28 drone deliveries a day
1 day ago
Keppel Pacific Oak US Reit obtains US$37.5 million loan facility
Therese Soh - The move will ‘substantially’ address refinancing needs for 2026
1 day ago
Leasehold portion of The Centrepoint up for collective sale with guide price of $418 mil
The Edge Singapore - The leasehold portion of The Centrepoint along Orchard Road is up for collective sale, with a guide price of $418 million. Besides the mall, which Centrepoint is better known for, there is a residential component of 66 apartments. The guide price of $418 million translates to $2,709 psf ppr, after f ...
1 day ago
Trump says Venezuela to send US up to 50 million barrels of oil
The US itself produces about 13.8 million barrels per day
1 day ago
Stocks to watch: Wee Hur, Stoneweg Europe Stapled Trust, Keppel Pacific Oak US Reit
Navene Elangovan - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 7):