22 hours ago
Stocks to watch: UOB, Singtel, Hongkong Land, Suntec Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 20):
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
22 hours ago
Stocks to watch: UOB, Singtel, Hongkong Land, Suntec Reit, Rex International
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 20):
22 hours ago
Nvidia to sell 1 million chips to Amazon by end of 2027 in cloud deal
The sale would start this year and extend through 2027
22 hours ago
Unilever in talks to separate food business and combine it with McCormick: WSJ
UNILEVER is in talks to separate its food business and combine it with spice maker McCormick, the Wall Street Journal reported on...
22 hours ago
Singtel says mechanical fault, software bug behind outages; 600,000 affected
[SINGAPORE] Singtel’s outage on Monday (Mar 16) affected about 600,000 customers and was due to a mechanical fault at one of its network facilities,...
23 hours ago
OpenAI plans desktop 'superapp' to streamline user experience
March 19 : OpenAI on Thursday confirmed a Wall Street Journal report that it plans to fold its ChatGPT app, coding platform Codex and browser into a single desktop "superapp" to simplify user experience.OpenAI President Greg Brockman will temporarily oversee the product overhaul and associ ...
23 hours ago
OpenAI plans desktop 'superapp' to simplify user experience, WSJ reports
March 19 : OpenAI is planning to unify its ChatGPT app, coding platform Codex and browser into a desktop "superapp" to simplify user experience, the Wall Street Journal reported on Thursday.OpenAI did not immediately respond to a Reuters request for comment. Reuters could not independently ...
24 hours ago
Central banks stand ready to tackle war-led inflation
[LONDON] Top central banks said on Thursday they stood ready to tackle any surge in inflation with tighter policy, as an escalation...
1 day ago
Trump tells Israel not to repeat strikes on Iranian energy as crisis deepens
Netanyahu said that Israel acted alone
1 day ago
Brent closes up at US$108.65 but off highs, US crude finishes with small loss
Israel attacked Iran’s South Pars gas field, but Trump said that the US and Qatar were not involved
1 day ago
US stocks cut losses on Netanyahu war comments as energy prices soar again
Wall Street trimmed losses as energy surged after Israeli Prime Minister Netanyahu said the war could end “a lot faster than people think”.
1 day ago
US stocks: Wall Street ends down as traders see no rate cuts before 2027
WALL Street ended lower on Thursday, with declines in Micron Technology and Tesla, as worries about inflation stemming from soaring oil prices...
1 day ago
Winklevosses' Gemini Space Station sued by shareholders over strategy, departures
NEW YORK, March 19 : Gemini Space Station and its billionaire founders Cameron and Tyler Winklevoss were sued by shareholders who said they were defrauded about the cryptocurrency exchange's business prospects, and suffered losses as a strategy shift, job cuts and executive departures caused th ...
1 day ago
Winklevosses' Gemini Space Station sued by shareholders over strategy shift, losses, departures
NEW YORK, March 19 : Gemini Space Station and its billionaire founders Cameron and Tyler Winklevoss were sued by shareholders who said they were defrauded about the cryptocurrency exchange's business prospects, and suffered losses as a strategy shift, mounting losses, job cuts and executive dep ...
1 day ago
Exclusive-German semiconductor group Elmos exploring a sale, sources say
NEW YORK / LONDON, March 19 : Germany's Elmos Semiconductor is exploring a sale as its founders consider exiting the business, according to three people familiar with the matter. Elmos, which has a market value of around 2.3 billion euros ($2.5 billion), has hired Morgan Stanley to advise on th ...
1 day ago
Study suggests younger age for Chile's important Monte Verde archaeological site
March 19 : The Monte Verde archaeological site in Chile, discovered in the 1970s, revolutionized the thinking about when humans entered the Americas, with scientists calculating decades ago that this former abode for ancient hunter-gatherers was about 14,500 years old. But a new study suggests it is ...
1 day ago
Ecolab close to buying KKR's data center cooling company for up to $5 billion, WSJ reports
March 19 : Ecolab is nearing a deal to acquire data center cooling company CoolIT Systems from KKR for between $4.5 billion and $5 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The deal could be announced as soon as next week, the report added.Shares o ...
1 day ago
Ecolab nearing deal to acquire KKR's data center cooling company for up to $5 billion, WSJ reports
March 19 : Ecolab is nearing a deal to acquire data center cooling company CoolIT Systems from KKR for between $4.5 billion and $5 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The deal could be announced as soon as next week, the report added, caution ...
1 day ago
Apple fends off bid for new Apple Watch import ban at US trade tribunal
WASHINGTON, March 19 : A U.S. trade tribunal preliminarily ruled that Apple's current Apple Watches do not infringe patents owned by Masimo, rejecting the medical-monitoring company's bid for a renewed import ban on the tech giant's smartwatches.Apple altered its watches to circumvent ...
1 day ago
Hongkong Land acquires 10.8% stake in Suntec Reit for S$541 million
Ry-Anne Lim - It says the move aligns with its ‘positive outlook and conviction in Singapore’s prime commercial property market’
1 day ago
Broadcom hit with EU antitrust complaint and request for interim measure
BRUSSELS, March 19 : Lobbying group Cloud Infrastructure Services Providers in Europe on Thursday urged EU antitrust regulators to temporarily stop Broadcom from ending its VMware Cloud Service Provider programme in Europe, ramping up its fight against the U.S. tech company.CISPE, which has nearly 5 ...
1 day ago
Cloud industry group calls for EU interim measure against Broadcom over VMware
BRUSSELS, March 19 : Lobbying group Cloud Infrastructure Services Providers in Europe on Thursday urged EU antitrust regulators to temporarily stop Broadcom from ending its VMware Cloud Service Provider programme in Europe, ramping up its fight against the U.S. tech company.CISPE, which has nearly 5 ...
1 day ago
Xiaomi to invest at least 60 billion yuan in AI over next three years, CEO says
The investment comes as competition in China’s cutthroat chatbot space is being redirected to agents
1 day ago
Euro and yen gain, pushing dollar index lower following central bank decisions
NEW YORK/LONDON, March 19 : The euro and the Japanese yen advanced against the U.S. dollar on Thursday as key central banks kept interest rates steady amid concerns about inflation from rising oil prices in the midst of the Middle East conflict.The European Central Bank left interest rates unchanged ...
1 day ago
Euro and yen strengthens, dollar eases as central banks hold rates
NEW YORK/LONDON, March 19 : The Japanese yen and the euro gained while the dollar eased against peers on Thursday as key central banks kept interest rates steady amid concerns about inflation from rising oil prices in the wake of the Middle East conflict.The European Central Bank left interest rates ...
1 day ago
Iran attack wipes out 17% of Qatar’s LNG capacity for up to 5 years: QatarEnergy CEO
The repairs will sideline 12.8 million tonnes of liquefied natural gas annually, says Saad al-Kaabi
1 day ago
Accenture beats quarterly revenue estimates on strong AI demand
March 19 : Accenture beat quarterly revenue estimates on Thursday on strong demand for services that help businesses adopt artificial intelligence and move to the cloud, lifting the IT consulting firm's shares more than 3 per cent.Global consulting firms such as Accenture and Cognizant are seei ...
1 day ago
OpenAI to buy Python toolmaker Astral to take on Anthropic
March 19 : OpenAI said on Thursday it will acquire Python toolmaker Astral, as the ChatGPT owner looks to strengthen its portfolio against rival Anthropic and gain more share in the artificial intelligence coding tools market.The companies did not disclose the financial terms of the deal, but said t ...
1 day ago
Bessent says US aiming to unsanction Iran oil ‘on the water’
This will ease the spike in energy prices triggered by the war in the Gulf
1 day ago
India's proposal to preload national ID app Aadhaar on phones faced pushback
NEW DELHI, March 19 : India's government privately proposed in January that firms like Apple, Samsung and Google consider pre-installing its biometric identification app Aadhaar on phones, a move opposed by a group representing the smartphone giants, industry letters show.The tussle over preloa ...
1 day ago
Exclusive-India's proposal to preload national ID app Aadhaar on phones faced pushback
NEW DELHI, March 19 : India's government privately proposed in January that firms like Apple, Samsung and Google consider pre-installing its biometric identification app Aadhaar on phones, a move opposed by a group representing the smartphone giants, industry letters show.The tussle over preloa ...
1 day ago
Wall St opens lower as oil prices gain
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Mar 19) as crude prices soared on intensifying Middle East hostilities, reviving...
1 day ago
Google expands utility deals to curb data‑center power use during peak demand
NEW YORK, March 19 : Google has signed agreements with five U.S. electric utilities in states from Arkansas to Minnesota to curtail its electricity use during periods of peak demand, the company said on Thursday, in its latest effort to secure power for fast‑growing data centers amid slow addition ...
1 day ago
ECB keeps rates on hold as Iran war clouds outlook
It’s monitoring the war and its impact on inflation, both including and excluding energy prices, and growth