20 hours ago
Gold’s blistering rally continues past US$5,200 as dollar plunges to four-year low
The Fed is expected to hold rates steady at its January monetary policy meeting, currently underway
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 hours ago
Gold prices dip after rising nearly 3% to fresh record
The Fed is expected to hold rates steady at its January monetary policy meeting, currently underway
20 hours ago
Oil prices tick up amid disrupted US, Kazakh output, weak dollar
LONDON, Jan 28 : Oil prices extended gains on Wednesday on lingering supply concerns after a winter storm disrupted U.S. crude output and exports while a weak U.S. dollar and Middle East tensions lent further support.Brent crude futures rose 23 cents, or 0.3 per cent, to $67.80 a barrel by 0900 GMT ...
20 hours ago
Oil prices rise as US supply worries linger after winter storm
TOKYO, Jan 28 : Oil prices gained further ground on Wednesday as supply concerns lingered after a winter storm disrupted U.S. crude output and exports, while Middle East tensions lent additional support.Brent crude futures rose 28 cents, or 0.4 per cent, to $67.85 a barrel by 0410 GMT, while U.S. We ...
20 hours ago
Oil prices mixed as US supply worries linger after winter storm
TOKYO, Jan 28 : Oil prices were mixed on Wednesday, with Brent down slightly but the U.S. contract edging higher as supply concerns grew after a winter storm disrupted crude output and halted Gulf Coast exports over the weekend.Brent crude futures fell 6 cents, or 0.1 per cent, to $67.51 a barrel by ...
20 hours ago
Anthropic hikes 2026 revenue forecast 20%, The Information reports
Jan 27 : Artificial intelligence startup Anthropic has raised its revenue forecasts for the next several years, projecting sales to quadruple this year to as much as $18 billion and reach $55 billion next year, The Information reported on Tuesday.Reuters could not immediately verify the report.
20 hours ago
SK Innovation posts quarterly profit surge, projects strong crack spreads
SEOUL, Jan 28 : SK Innovation Co Ltd, owner of South Korea's biggest refiner SK Energy, said on Wednesday it expects crack spreads to remain strong, as U.S. low-oil-price policies persist despite easing winter demand and hopes of a Russia–Ukraine ceasefire. The company posted an operating pro ...
21 hours ago
SoftBank in talks to invest up to US$30 billion more in OpenAI, source says
SOFTBANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters...
21 hours ago
ANZ to combine staff in single location in Singapore office move
The firm joins other banks in the city-state grappling with conflicting goals of trying to reduce office costs
21 hours ago
Hidden risks build at Vietnam banks on mounting debt guarantees
In China, regulators have in recent years told some lenders to limit their use of such arrangements
21 hours ago
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
[TOKYO] A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could...
21 hours ago
Weak yen, labour crunch key to BOJ rate hike timing, minutes show
TOKYO, Jan 28 : The Bank of Japan considered mounting inflationary pressures stemming from a weak yen and labour shortages, among other factors, as key influences for the timing of additional interest rate hikes, minutes from a December meeting showed on Wednesday.The discussions reflected the board ...
21 hours ago
BOJ members agree on need to continue raising rates, minutes show
TOKYO, Jan 28 : Bank of Japan policymakers agreed on the need to keep raising interest rates, with some emphasising the role of a weak yen on underlying inflation and the timing of the next interest rate hike, minutes of their December meeting showed on Wednesday.The remarks highlight the board' ...
21 hours ago
Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant
Therese Soh - The facility will support regional airlines’ needs and Singapore’s sustainable aviation fuel target
21 hours ago
SoftBank in talks to invest up to $30 billion more in OpenAI, source says
Jan 27 : SoftBank is in discussions to invest up to an additional $30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday.The investment would form part of a funding round that could raise up to $100 billion for OpenAI, valuing the ChatGPT maker at about $830 billion, the so ...
21 hours ago
BlackRock cuts private credit executives hired pre-HPS deal
The asset manager is reducing its workforce by about 250 globally
22 hours ago
Stocks to watch: ST Engineering, Keppel, Hong Leong Asia, Sasseur Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 28):
22 hours ago
Shein could face EU investigation but no interim measure, commission official says
Companies risk fines up to 6% of their total global revenues for DSA breaches
22 hours ago
ST Engineering books record S$18.7 billion in contract wins for FY2025
Deon Loke - This is a 49% increase from the S$12.6 billion recorded in 2024
22 hours ago
ST Engineering posts record S$18.7 billion in contract wins for FY2025
Deon Loke - This is a 49% increase from the S$12.6 billion recorded in 2024
22 hours ago
Oracle says data center outage causing issues faced by US TikTok users
WASHINGTON, Jan 27 : Oracle on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle data center, after California Governor Gavin Newsom linked the issues to what he called the suppression of content critical of Pre ...
22 hours ago
Oracle says outage at data center causes issues faced by US TikTok users
WASHINGTON, Jan 27 : Oracle said on Tuesday that issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle data center. "Over the weekend, an Oracle data center experienced a temporary weather-related power outage which impacte ...
22 hours ago
S-Reits set for first DPU recovery in four years: Julius Baer
Shikhar Gupta - Singapore’s retail and office sectors are well placed to benefit this year, the analyst says
22 hours ago
Trump says value of US dollar is ‘great’, currency hits 4-year low
Losses in the dollar index accelerated after Trump’s comments
22 hours ago
ST Engineering secures total 4QFY2025 orders worth $4.7 bil
The Edge Singapore - Singapore Technologies Engineering has won orders totalling $4.7 billion in the most recent 4QFY2025, bringing total FY2025 orders to $18.7 billion, 49% higher than FY2024's total of $12.6 billion. The biggest chunk of the new contracts won in 4QFY2025, at $2.5 billion, came from its defence &a ...
22 hours ago
ST Engineering secures total 4QFY2025 orders worth $4.7 billion
The Edge Singapore - Singapore Technologies Engineering has won orders totalling $4.7 billion in the most recent 4QFY2025, bringing total FY2025 orders to $18.7 billion, 49% higher than FY2024's total of $12.6 billion. The biggest chunk of the new contracts won in 4QFY2025, at $2.5 billion, came from its defence &a ...
23 hours ago
LVMH suffers sluggish sales of high-end fashion and handbags
In uncertain times, consumers see gold necklaces, bracelets and the like as better stores of value than trendy handbags
23 hours ago
Diminishing returns from rate cuts set to test South-east Asia’s growth in 2026
Elisa Valenta - Geopolitical risks and doubts over AI-driven expansion are reducing the economic impact of monetary easing: Standard Chartered
23 hours ago
Listed companies have to walk the talk for SGX’s Value Unlock programme to succeed
Benjamin Cher - A good mix of transparency and engagement will be needed to keep market momentum going
23 hours ago
Carbon tax: Where Singapore stands in a world divided on price
Kimberly Wee - From a whopping US$160 to just above US$0.70, the price of a tonne of carbon is set to remain at extremes globally
23 hours ago
SK Innovation reports Q4 operating profit of $235 million
SEOUL, Jan 28 : SK Innovation Co Ltd, owner of South Korea's top refiner SK Energy, on Wednesday posted an operating profit of 337 billion won ($235 million) for the October-December period, according to Reuters calculations.That compared with a profit of 160 billion won a year earlier and a 35 ...
23 hours ago
Pinterest to cut ‘less than 15%’ of staff amid AI push
The company expects to complete the restructuring plan near the end of its third quarter, ending Sep 30, 2026
24 hours ago
Inside Starbucks’ supply struggles: AI glitches, scattered suppliers and sandwich shortages
The coffee chain’s various problems include inaccurate automated counting and ancient computers
24 hours ago
Amazon is closing its fresh grocery, Go convenience stores
The moves mark the e-commerce giant’s latest retreat from its brick-and-mortar retail efforts