19 hours ago
China metals in grip of frenzy as investors bet on global rally
Open interest has surged to a record across the six base metals traded in Shanghai
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
19 hours ago
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
Chloe Lim - There is no certainty that any transaction will materialise at this juncture, says manager
20 hours ago
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation
20 hours ago
CLI fund to build S$260 million Singapore automated logistics hub
Shikhar Gupta - The five-storey facility is set to be completed in 2028 and will have a gross floor area of 71,000 square metres
20 hours ago
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics hub
Shikhar Gupta - 71,000 sq m facility set for completion in 2028; group also takes minority stake in smart logistics firm Ally Logistic Property
20 hours ago
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
Shikhar Gupta - 71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property
20 hours ago
Stocks to watch: FCT, CLI, OUE Reit, Tan Chong International, Vividthree
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 8):
20 hours ago
Former mm2 Asia subsidiary Vividthree dives 17% on news of payment demand from UOB
Chloe Lim - Bank wants S$1.2 million repaid within seven days
20 hours ago
Former mm2 Asia subsidiary Vividthree receives letter of demand for S$1.2 million
Chloe Lim - The payment is due and payable to UOB within seven days
20 hours ago
OpenAI earmarks $50 billion for employee stock grant pool, The Information reports
Jan 7 : OpenAI last fall set aside an employee stock grant pool equivalent to 10 per cent of the company, valued at $500 billion in October, The Information reported on Wednesday, citing two people with knowledge of the plans.Reuters could not immediately verify the report. OpenAI did not i ...
20 hours ago
Tech firms must block unsolicited nude images under new UK rules
LONDON, Jan 8 : Technology companies in Britain will be required to block unsolicited sexual images under online safety rules taking effect on Thursday, as governments worldwide step up efforts to curb abuse and risks linked to artificial intelligence.Cyberflashing has been a criminal offence in ...
20 hours ago
Trump-linked World Liberty Financial seeks license to launch trust bank
The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch
20 hours ago
CapitaLand Investment takes minority stake in Ally Logistic Property
The Edge Singapore - On Jan 8, CapitaLand Investment announced two initiatives as part of its broader strategy to deepen logistics expertise and accelerate platform growth across Asia Pacific. CLI is taking a minority investment in Ally Logistic Property (ALP), a pioneer in modern smart logistics infrastructure based in ...
21 hours ago
China asks tech firms to halt orders for Nvidia’s H200 chips: report
US export licenses for the chips are still being processed, with no set timeline
21 hours ago
Japan November real wages fall at fastest pace since January
TOKYO, Jan 8 : Japan's real wages fell in November at the fastest pace since last January, dragged down by a sharp drop in one-off bonus payments, preliminary government data showed on Thursday.The underlying trend of inflation outpacing wage growth, meanwhile, has not changed, posing a chal ...
21 hours ago
Samsung expects record Q4 operating profit, beating expectations
The company is expected to release detailed results later this month
21 hours ago
Flight to quality, dividends lift DBS and OCBC to all-time highs, but analysts warn valuations look expensive
Tan Nai Lun - Among Singapore banks, UOB lags peers as investors await greater earnings clarity
21 hours ago
Singapore manufacturing growth to moderate in 2026 but AI boom, tariff exemptions are bright spots
Elysia Tan - The lynchpin electronics sector should still lead growth
21 hours ago
Chevron in talks with US government for expanded Venezuela license: sources
Washington also wants other US companies to be involved in oil exports from the country
21 hours ago
Jefferies takes US$30 million hit on First Brands as profit drops
The bank owns a 6% interest in a fund called Point Bonita
22 hours ago
Samsung forecasts profit to triple to record high as it rides AI boom
SEOUL, Jan 8 : Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips. The results highlight how chip price ...
22 hours ago
Samsung expects Q4 operating profit to triple to record high on chip shortage
SEOUL, Jan 8 : Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips. The world's largest memor ...
22 hours ago
JPMorgan to replace Goldman as Apple Card issuer
The deal is subject to regulatory approvals and is not expected to close for roughly two years
22 hours ago
JPMorgan reaches deal to take over Apple credit card: report
The biggest US bank will become the new issuer of Apple Card
22 hours ago
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
It will release results for the final quarter of the year on Jan 30
22 hours ago
Oil falls after Trump reveals plan for Venezuelan oil
[NEW YORK] Oil prices fell on Wednesday as US President Donald Trump’s plan to refine and sell Venezuelan crude oil raised concerns about the long-term impact...
22 hours ago
World’s worst bond market faces another big supply shock
A major driver in the increase in net supply is the central bank’s slowdown in buying
22 hours ago
European stocks cool as traders assess Venezuela fallout, economic data
EUROPEAN stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest US-Venezuela developments and...
23 hours ago
US stocks: S&P 500 ends lower; AI stocks lift Nasdaq
[NEW YORK] The S&P 500 ended lower on Wednesday, pulled down by declines in JPMorgan, Blackstone and other financials, while Nvidia and...
23 hours ago
JPMorgan reaches deal to take over Apple credit card, WSJ reports
Jan 7 : JPMorgan Chase has reached a deal to take over Apple credit-card program from Goldman Sachs, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.The biggest U.S. bank will become the new issuer of Apple Card, one of the largest co-branded credit-card prog ...
23 hours ago
China asks tech firms to halt orders for Nvidia's H200 chips: Report
Beijing has asked some companies to pause purchases of US-made AI chips while it considers rules to favour locally produced alternatives.
24 hours ago
OpenAI launches ChatGPT Health to connect medical records, wellness apps
Jan 7 - OpenAI on Wednesday launched a ChatGPT Health tab that answers health-related questions and lets users upload medical records and connect wellness apps such as Apple Health and MyFitnessPal.WHY IT IS IMPORTANTThe move expands ChatGPT's capabilities by providing users a dedicated spac ...
1 day ago
Google, AI firm settle lawsuit over teen's suicide linked to Chatbot
Jan 7 : Alphabet’s Google and AI startup Character.AI have agreed to settle a lawsuit by a Florida mother who alleged the startup's chatbot led to the suicide of her 14-year-old son, representing one of the first U.S. cases targeting AI firms over alleged psychological harm.A court filing ...
1 day ago
Google, AI firm settle Florida mother's lawsuit over son's suicide
Jan 7 : Alphabet's Google and artificial-intelligence startup Character.AI have agreed to settle a lawsuit from a Florida woman who alleged a Character chatbot led to the suicide of her 14-year-old son, according to a Wednesday court filing.The filing said the companies agreed to se ...