1 day ago
FEO unit raises Banyan Tree stake; Acma announces placement
For 2025, the total buyback for consideration for more than 80 primary-listed companies totalled S$2.2 billion
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
‘Buy the dip’ might be the worst advice you’ve ever heard
In both bull and bear markets, this tactic might be hazardous to investors
1 day ago
Was the US capture of Venezuela’s president legal and is there a precedent?
[WASHINGTON] The U.S. captured Venezuela’s President Nicolas Maduro in a military operation early on Saturday morning, culminating a months-long pressure campaign by...
1 day ago
Trump says US oil producers to invest billions in Venezuela following Maduro capture
[PALM BEACH, Florida] President Donald Trump said US oil companies will spend billions of dollars to rebuild Venezuela’s crumbling energy infrastructure after...
1 day ago
Trump says US will ‘run’ Venezuela in interim; oil companies to rebuild energy infrastructure
Maduro lands in New York following US military operations that seized him and his wife
1 day ago
Raffles Education receives approval in-principle to list 241.1 mil shares on Mainboard
Felicia Tan - Raffles Education announced, on Jan 2, that it has received approval in-principle from the Singapore Exchange Securities Trading Limited (SGX-ST) for the listing and quotation of up to 241.1 million shares on the Mainboard. The approval remains subject to compliance with SGX’s continuing listing r ...
1 day ago
How Venezuelan oil factored into US seizure of Maduro
Bloomberg - Venezuela’s oil has been a core dimension of the years-long US campaign against strongman Nicolás Maduro. Successive administrations used the country’s vital export as a wedge to pressure Caracas, first through oil sanctions in 2019 and more recently through a partial blockade of oil tankers in ...
1 day ago
Trump says US to ‘run Venezuela’ in interim after Maduro
Catherine Lucey / Bloomberg - President Donald Trump said the US would run Venezuela until a leadership transition could be organised, hours after a US operation captured leader Nicolás Maduro, ousting the strongman from power and delivering him to US soil late Saturday. “We’re going to run the country until such time as we ...
2 days ago
World reacts to US strikes on Venezuela
The US attacked the country and deposed its President Nicolas Maduro
2 days ago
US captures Venezuela’s Maduro after strikes, Trump says
The Venezuelan leader said Washington was intent on taking control of his nation’s oil reserves
2 days ago
Trump ordered strikes inside major oil exporter Venezuela, including military facilities: US media
[CARACAS] Multiple explosions rocked Venezuela’s capital Caracas early on Saturday (Jan 3) and columns of black smoke and aircraft could be seen,...
2 days ago
Rupiah risks to shape Bank Indonesia’s cautious easing path in 2026
Elisa Valenta - The challenge of balancing economic growth with currency stability has become increasingly pronounced for the central bank
2 days ago
Oil prices ease after biggest annual loss since 2020
[HOUSTON] Oil prices dipped on the first trading day of 2026 after registering their biggest annual loss since 2020, as investors weighed...
2 days ago
European shares start 2026 at record highs; tech, defence provide lift
[BENGALURU] European stocks kicked off 2026 by scaling record highs on Friday (Jan 2), extending 2025’s standout rally as tech and defence...
2 days ago
US stocks: Dow closes higher on first day of 2026, still no Santa Claus rally
[NEW YORK] The Dow and S&P 500 indices ended higher on Friday (Jan 2), starting 2026 by snapping a four-day losing streak,...
2 days ago
Short interest in Trump Media climbs after recent rally, S3 Partners says
Jan 2 : Short interest in U.S. President Donald Trump's social media company has jumped following a recent merger announcement, suggesting some traders expect the stock to give back more of its recent gains, according to financial data firm S3 Partners.Shares of money-losing Trump Media & ...
2 days ago
Commentary: The global economy must adapt to avoid tumult this year
The new year will pose numerous problems that won’t be so easily overcome, says Mohamed A El-Erian for The New York Times.
3 days ago
Italy's new car sales down 2.12% in 2025 as Chinese brands gain market share
MILAN, Jan 2 : Sales of new cars in Italy fell by 2.12 per cent last year to 1.53 million units with Chinese brand BYD performing strongly, transport ministry data showed on Friday.In December, new car sales increased by 2.2 per cent from a year earlier to 108,075, the ministry said.BYD, which ha ...
3 days ago
Wall Street ends mixed at the top of the new year; Treasury yields move higher
NEW YORK, Jan 2 : U.S. stocks oscillated to a mixed close, U.S. Treasury yields climbed and the dollar firmed on Friday, the first trading day of 2026.While all three major U.S. stock indexes seesawed for much of the session, the S&P 500 and Dow posted gains, snapping their four-day losing st ...
3 days ago
Wall Street oscillates at the top of the new year; Treasury yields move higher
NEW YORK, Jan 2 : U.S. stocks wavered on Friday, U.S. Treasury yields climbed and the dollar firmed on the first trading day of 2026.While all three major U.S. stock indexes seesawed for much of the session, they were last nominally higher and poised to snap their four-session losing streaks at t ...
3 days ago
Wall Street mixed on the first trading day of 2026; precious metals resume rally
NEW YORK, Jan 2 : U.S. stocks faded after the opening bell on Friday, as the Nasdaq clung to gains due to semiconductor strength and precious metals extended their rally.All three major U.S. indexes pared earlier gains, on the verge of extending their four-session losing streaks as investors ende ...
3 days ago
French ministers report Grok's sex-related content on the X platform to prosecutors
PARIS, Jan 2 : French ministers have reported to prosecutors sexually explicit content generated by Elon Musk's xAI artificial intelligence chatbot Grok on the X platform, saying in a statement on Friday the "sexual and sexist" content was "manifestly illegal". Grok ...
3 days ago
Wall Street opens higher on first trading day of 2026
[WASHINGTON] Wall Street’s main indexes opened higher on the first trading day of 2026, as risk sentiment improved after multiple sessions in...
3 days ago
Tesla sales slip as it loses EV crown to China's BYD in 2025
The American company led by Elon Musk recorded a full-year sales figure of around 1.64 million EVs, while BYD reported that it sold 2.26 million EVs for 2025.
3 days ago
Seatrium's Petrobras 78 achieves first oil production
Felicia Tan - Petrobras 78 (P-78), the first of the six P-Series floating production, storage and offloading (FPSO) units that Seatrium built for Brazil’s Petroleo Brasileiro S.A. (Petrobras), has achieved first oil production on Dec 31, 2025. First oil refers to the official start of production as hydrocarbons ...
3 days ago
Elon Musk's Grok AI floods X with sexualized photos of women and minors
WASHINGTON/DETROIT, Jan 2 : Julie Yukari, a musician based in Rio de Janeiro, posted a photo taken by her fiancé to the social media site X just before midnight on New Year's Eve showing her in a red dress snuggling in bed with her black cat, Nori. The next day, somewhere among the hundred ...
3 days ago
Elon Musk's Grok AI faces scrutiny over sexualized images of women and minors
Jan 2 : Elon Musk’s xAI was under international scrutiny over allegations on Friday that it was filling its platform with sexualized, AI-generated images of women and minors. A Reuters review of content on X, xAI's social media platform, found more than 20 cases in which women - and some m ...
3 days ago
Grok says safeguard lapses led to images of 'minors in minimal clothing' on X
Jan 2 : Elon Musk's xAI artificial intelligence chatbot Grok said on Friday lapses in safeguards had resulted in "images depicting minors in minimal clothing" on social media platform X and that improvements were being made to prevent this. Screenshots shared by users on X showe ...
3 days ago
Propnex says lawsuit against unit for alleged salesperson misconduct withdrawn
Elysia Tan - There is no material impact on its financial position and performance of the group
3 days ago
Singapore PMI edges higher in December on firmer orders and output
Low Youjin - The overall purchasing managers’ index is up 0.1 point at 50.3, marking the fifth straight month of expansion
3 days ago
2025’s winners and laggards: STI posts best gains in years; South Korea, Vietnam outshine regional peers
Therese Soh - The Straits Times Index turns in its strongest performance in at least four years, with a total return of 22.7% in 2025
3 days ago
Which of the STI’s worst performers could shine in 1Q?
Goola Warden - A couple of 2025’s top 11 worst perfomers among the component stocks of the Straits Times Index could attempt to outperform in 1Q2026 from a technical perspective. The STI recorded a price gain of 22% in 2025, and a total return of 29% based on Bloomberg’s data. The top two contenders are likely ...
3 days ago
BCA to streamline approvals for outdoor advertising licensing from H2 2026
Elysia Tan - This will help improve the efficiency of businesses’ operations and reduce administrative burden
3 days ago
TOTM Technologies’ subsidiary awarded contract in Indonesia for maintenance of National ID system
Nicole Lim - TOTM Technologies’ wholly-owned subsidiary as part of a consortium has been awarded an annual technical support (ATS) contract in Indonesia worth IDR79.1 billion ($6.08 million). The subsidiary, International Biometrics (InterBio) Indonesia, was part of a consortium with Indonesia Comnets Plus, an ...