17 hours ago
Boeing posts smaller-than-expected quarterly loss as recovery gains traction
The aerospace giant posted a US$7 million net loss for the quarter
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
17 hours ago
Moody's profit rises on strong analytics growth, lifts annual forecast
Revenue from the analytics segment rose 8% to US$926 million
17 hours ago
Oiltek to ‘actively review’ capital structure after stock-split query
Therese Soh - It responds after shareholder points out current high cost of agritech firm’s shares may ‘dampen market participation and trading momentum’
18 hours ago
From paint to flights, Iran war lifts costs, darkens outlooks
LONDON, April 22 : Companies from consumer goods to travel and mining warned on Wednesday that the U.S.-Israeli war with Iran is driving up costs, disrupting supply chains and hurting consumer confidence, clouding financial outlooks.The cautious tone in the earnings season highlights the pressure on ...
18 hours ago
From paint to planes, Iran war lifts costs, darkens outlooks
LONDON, April 22 : Companies from consumer goods to travel and mining warned on Wednesday that the U.S.-Israeli war with Iran is driving up costs, disrupting supply chains and hurting consumer confidence, clouding financial outlooks.The cautious tone so far in the quarterly earnings season highlight ...
18 hours ago
Three directors linked to Kweks’ father-son feud quit Millennium & Copthorne board
Navene Elangovan - Jennifer Duong Young, Daniel Marie Ghislain Desbaillets, Wong Ai Ai’s appointments had featured in chairman Kwek Leng Beng’s earlier lawsuit
18 hours ago
Three directors linked to CDL boardroom tussle quit hotel unit’s board
Navene Elangovan - The three directors were involved in CDL’s high-profile boardroom tussle last year
18 hours ago
Robinhood's venture fund bets on OpenAI as retail rush for AI heats up
April 22 : Robinhood's venture fund said on Wednesday it has invested $75 million in OpenAI, allowing retail investors exposure to one of the world's hottest privately held AI companies.Robinhood Ventures Fund I, which went public in March, aims to open up retail investors' access to ...
18 hours ago
Robinhood's venture fund invests $75 million in OpenAI
April 22 : Robinhood's venture fund has invested $75 million in ChatGPT maker OpenAI, it said on Wednesday, aiming to broaden retail investor access to high-profile, privately held technology companies.OpenAI has become one of the most closely watched companies in generative AI, propelled by th ...
18 hours ago
Tencent, Alibaba in talks to invest in DeepSeek at over US$20 billion valuation: The Information
AI fundraising highlights the intense capital needed to build and run top-tier models
18 hours ago
SiriusXM to sell YouTube audio ads exclusively in US
April 22 : SiriusXM has struck a deal with Alphabet's YouTube to become its exclusive audio advertising sales partner in the U.S., it said on Wednesday.YouTube is stepping up efforts to monetize its growing podcast and music listening base, creating new advertising opportunities beyond traditio ...
18 hours ago
UK targets illegal crypto trading in London crackdown
LONDON, April 22 : Britain's Financial Conduct Authority (FCA) on Wednesday swooped on eight London addresses suspected of illegal peer-to-peer crypto trading in its first such operation with other agencies, the financial regulator said on Wednesday.Working with tax officials and police under m ...
18 hours ago
Google puts AI agents at heart of its enterprise money-making push
LAS VEGAS, April 22 : Alphabet CEO Sundar Pichai is deepening a push into enterprise software, signaling to investors at Google's annual cloud conference that AI agents — human-like digital assistants — are a lynchpin of its strategy to monetize artificial intelligence.At the three-day conf ...
18 hours ago
YouTube complies with Indonesia's social media curbs, minister says
JAKARTA, April 22 : Video platform YouTube has complied with Indonesia's social media restrictions for children under 16, the country's communications minister said on Wednesday.• Google's YouTube has handed over a "letter of compliance" to Indonesia's communications ...
18 hours ago
Teledyne lifts annual profit forecast, beats quarterly estimates
April 22 : Teledyne Technologies on Wednesday raised its profit forecast for full-year 2026, as the sensing systems maker continues to benefit from robust demand across its digital imaging, instrumentation, and aerospace and defense segments.Teledyne continues to benefit from elevated demand for def ...
18 hours ago
DFI beats Q1 estimates, but analysts warn of moderating growth
Koh Kim Xuan - Growth in all its businesses keeps the retail chain on track to attaining analysts’ FY2026 profit estimates
18 hours ago
Tencent, Alibaba in talks to invest in DeepSeek at over $20 billion valuation, The Information reports
April 22 : Chinese tech giants Tencent Holdings and Alibaba Group are in discussions to invest in artificial intelligence startup DeepSeek, The Information reported on Wednesday, citing four people with knowledge of the conversations.DeepSeek, owned by Chinese hedge fund High-Flyer Capital Managemen ...
19 hours ago
India’s Tata Communications posts quarterly revenue rise on data‑services growth
April 22 : India's Tata Communications reported a 9.4 per cent rise in fourth-quarter revenue on Wednesday, supported by demand for cloud infrastructure and high-bandwidth cable services housed under its data services unit.• Revenue from its mainstay data services business rose 11.5 per cent ...
19 hours ago
Societe Generale takes on more crypto firms as clients, SG-FORGE CEO says
PARIS, April 22 : French bank Societe Generale is taking on more crypto companies as customers and expects the use of stablecoins by its corporate clients to grow, SG-Forge CEO Jean-Marc Stenger told Reuters, although take-up so far is limited.SocGen's crypto business has 15 clients, which incl ...
19 hours ago
Merck to partner with Google Cloud on AI initiatives
NEW YORK, April 22 : Drugmaker Merck & Co said on Wednesday it will partner with Google Cloud to build up its artificial intelligence capabilities, investing as much as $1 billion with Google over a number of years to fund AI infrastructure, engineers and licensing of the tech company's Gem ...
19 hours ago
European chip, electrical stocks surge as AI optimism builds on earnings
April 22 : Shares in European chip and electrical equipment makers rallied on Wednesday as investors piled into stocks set to benefit from the artificial intelligence investment boom, following upbeat earnings reports and an outsized surge in U.S. peers.Computer chip equipment maker ASM Internationa ...
19 hours ago
Asian shipowners to cross Hormuz before Western firms, executives say
LAUSANNE, April 22 : Asian ship owners might begin to sail through the Strait of Hormuz soon amid a fragile U.S.-Iran ceasefire as they have a higher risk tolerance and can manage paying tolls unlike sanctions-complying Western firms, shipping executives said at the FT Commodities Global Summit on W ...
19 hours ago
Vietnam's VinFast reports 61% rise in first-quarter EV deliveries
April 22 : Vietnamese electric vehicle maker VinFast said on Wednesday its preliminary first-quarter EV deliveries rose 61 per cent from a year earlier, driven by strong sales of its Limo Green and VF 3 models.The company delivered 58,577 electric vehicles globally in the first quarter, according to ...
19 hours ago
ExxonMobil said to consider sale of Hong Kong gas stations
[HONG KONG] ExxonMobil is exploring a sale of its gasoline station network in Hong Kong, according to people familiar with the matter,...
20 hours ago
AT&T adds more wireless subscribers than expected as bundling pays off
April 22 : AT&T added more wireless subscribers than expected in the first quarter, benefiting from customers opting for the telecom provider's packages bundling wireless and high-speed fiber services.Shares of the company were up 1 per cent in premarket trading on Wednesday. In a highly co ...
20 hours ago
In the AI era, Apple’s strengths may become its constraints
Incoming CEO Ternus will need to balance AI openness with the firm’s tight integration
20 hours ago
Sinopec unit sells CATL shares for US$770 million amid EV battery stock surge
The 8.5 million shares sold represent about 5.5% of EV battery makers’ Hong Kong shares in issue
20 hours ago
Exxon Mobil in talks to sell Hong Kong fuel station network, sources say
April 22 : U.S. energy major Exxon Mobil is in talks to sell its Hong Kong fuel stations in a deal that could fetch a few hundred million dollars, said three people with knowledge of the matter. The company has hired a financial adviser and held discussions with a handful of bidders, the sources sai ...
20 hours ago
Exxon eyes sale of Hong Kong gas stations, sources say
April 22 : U.S. energy major Exxon Mobil is considering a sale of its gas stations in Hong Kong in a deal that is expected to fetch a few hundred million dollars, said three people with knowledge of the matter. The company has hired a financial adviser and held discussions with a handful of bidders, ...
20 hours ago
Exxon eyes sale of Hong Kong gas stations for up to $600 million, Bloomberg News reports
April 22 : U.S. energy major Exxon Mobil is considering a sale of its gas stations in Hong Kong and may seek a valuation of $500 million to $600 million for the assets, Bloomberg News reported on Wednesday, citing people familiar with the matter.Exxon did not immediately respond to a request for com ...
20 hours ago
Software makers' best may not be good enough as AI fears mount
April 22 : Salesforce will likely report its fastest quarterly revenue growth in three years, but analysts say that may not be enough, as fears that artificial intelligence would decimate software makers have sapped investor confidence in the industry.Software CEOs such as Salesforce's Marc Ben ...
20 hours ago
STI falls 0.2% as banking trio ends lower
Tay Peck Gek - Across the broader market, gainers edge out losers 298 to 288, after 1.9 billion securities change hands
20 hours ago
Keppel Reit’s equity fundraising exercise may dilute DPU despite improved Q1 earnings: analysts
Therese Soh - CGSI cuts its target price on a lower distribution per unit forecast, while RHB lifts its projections
20 hours ago
India's central bank in talks with global regulators, banks to review Mythos risks, sources say
MUMBAI, April 22 : India’s central bank is in talks with global regulators, Indian lenders and government officials to understand the potential risks posed by Anthropic’s new artificial intelligence model Mythos, three sources said.The Reserve Bank of India's preliminary assessment - just l ...