1 day ago
Institutions turn net sellers as new share placements hit the market
Net institutional outflow of S$61.6 million has reduced the net inflow for January to S$211 million
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Automobile Association of Singapore rolls out first of its kind insurance for rental cars overseas
Derryn Wong - An annual plan, it will cover additional charges beyond the basic rental car protection coverage such as window or tyre damage and...
1 day ago
Trump welcomes China, India investment in Venezuela oil
Venezuela will allow greater ownership for foreign oil companies
1 day ago
KKR, Singtel near deal to acquire majority stake in STT Global Data Centres in deal valued at $13 bil: WSJ
The Edge Singapore - KKR and Singtel are nearing a deal to buy over the controlling stake in ST Telemedia Global Data Centres in a deal that values the assets at more than $13 billion, according to the Wall Street Journal. Talks are at a very advanced stage, and an announcement could be made soon, according to the Journ ...
1 day ago
Singtel, KKR near deal to acquire majority stake in STT Global Data Centres in deal valued at $13 bil: WSJ
The Edge Singapore - Singtel and KKR are nearing a deal to buy ST Telemedia Global Data Centres in a deal that values the assets at more than $13 billion, according to the Wall Street Journal. Talks are at a very advanced stage, and an announcement could be made soon, according to the Journal, citing "people famili ...
1 day ago
'People's dad' Jensen Huang praises, pushes Nvidia suppliers on mobbed Taiwan visit
Nvidia's CEO said it would be another good year for business, even as he expressed concerns about supplies of memory chips - which support AI workloads - amid a production crunch.
1 day ago
Why Chinese companies are eyeing SGX again
According to statistics, there are still around 100 Chinese companies listed on SGX today
1 day ago
Waymo seeking about $16 billion near $110 billion valuation, Bloomberg News reports
Jan 31 : Alphabet unit Waymo is aiming to raise about $16 billion in a financing round that would value it at nearly $110 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.Reuters could not immediately verify the report.
2 days ago
Bitcoin falls below $80,000, continuing decline as liquidity worries mount
Jan 31 : Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53 per cent at $78,719.63 at 12:48 p.m. ET (1748 GMT) on Saturday, continuing its decline from the previous session.On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, while the U.S. doll ...
2 days ago
Bitcoin falls below $80,000, continuing decline
Jan 31 : Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53 per cent at $78,719.63 at 1748 GMT on Saturday.On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, after former Federal Reserve Governor Kevin Warsh was selected as the next Fed chair ...
2 days ago
SpaceX seeks FCC nod for solar-powered satellite data centers for AI
WASHINGTON, Jan 31 - Elon Musk's SpaceX wants to launch a constellation of 1 million satellites that will orbit Earth and harness the sun to power AI data centers, according to a filing at the Federal Communications Commission.The filing on Friday was posted a day after Reuters exclusivel ...
2 days ago
Nvidia CEO Huang denies he is unhappy with OpenAI, says 'huge' investment planned
TAIPEI, Jan 31 : Nvidia plans to make a "huge" investment into OpenAI, probably its largest ever, CEO Jensen Huang said on Saturday, denying he was unhappy with the ChatGPT maker. The chipmaker in September announced plans to invest up to $100 billion in OpenAI, a deal that would give Open ...
2 days ago
CDL’s freehold Newport Residences sells 56% of units on launch day
Jovi Ho - City Developments’ (CDL) freehold Newport Residences sold 139 of its 246 units on its Jan 31 launch, with sea-facing two-bedroom units fully sold, according to Mark Yip, CEO, Huttons Asia. In addition, “almost all” one-bedroom units facing the sea were snapped up, adds Yip. Around 79% of units ...
2 days ago
Property auction listings reach four-year high in 2025
Jovi Ho - A total of 529 properties were listed for auction in 2025, marking a four-year high for the Singapore property auction market, according to ETC, a member of Realion Group. An increase in the number of mortgagee-sale listings drove the number of overall auctions last year 22.2% higher compared to 202 ...
2 days ago
Toyota to recall over 161,000 US vehicles over rear-view camera display
Jan 31 : Toyota is recalling 161,268 vehicles in the U.S. for a problem with the rear-view camera display when the vehicle is in reverse, the National Highway Traffic Safety Administration said on Saturday.
2 days ago
Market swings in India surge from historic low as budget nears
With the Nifty 50 down more than 3% this year, Indian shares have become some of the world’s worst performers
2 days ago
Apple loses more AI researchers and a Siri executive in latest departures
The company has struggled to keep up with peers in the artificial intelligence race
2 days ago
ExxonMobil, Chevron clock best month since 2022 as crude surges
The robust moves come alongside an upswing in oil prices and a broader rally
2 days ago
Sandisk’s 1,600% rally keeps going after ‘unprecedented’ quarter
Memory and storage companies have historically traded at lower valuations due to their cyclical nature
2 days ago
Mercedes seeks to regain China luxury lead with new S-Class
Germany’s automakers have already lost the battle in the Asian nation on mass-market EVs
2 days ago
Tether’s annual profit drops 23% in midst of fundraising
USDT is the largest stablecoin, with over US$185 billion in circulation
2 days ago
Shorter waits for 1,300 BTO flats on sale in Feb; Tampines project to be ready in less than two years
It is one of the fastest flat completion times since such shorter waiting time projects were introduced in 2018
2 days ago
After EVs, smart driving tech to power China’s auto exports
China exported a record 7.1 million cars in 2025, buoyed by growing demand for new-energy vehicles (NEVs) as the global shift toward...
2 days ago
Peloton cuts 11% of jobs, with engineering teams getting hit
The fitness technology company joins a slew of other tech companies that have recently slashed their workforces
2 days ago
Hong Kong port operator violated Panama’s constitution, failed to serve public interest, Panama court ruled
Panama Ports Company is a subsidiary of Hong-Kong based CK Hutchison subsidiary
2 days ago
Nvidia’s plan to invest up to US$100 billion in OpenAI has stalled: report
Big Tech companies and investors such as SoftBank Group are racing to forge partnerships with the ChatGPT maker
2 days ago
Labubu maker Pop Mart sets up London hub for European push
The company will open 27 new stores in Europe in the coming year
2 days ago
Gold and silver plunge as wild swings rock metals markets
Bullion’s slide may have been accelerated by a so-called gamma squeeze
2 days ago
WTO panel backs China in case against US clean energy subsidies
The panel’s report recommended the United States withdraw the measures under the Inflation Reduction Act by Oct 1, 2026
2 days ago
US judge signals Musk's xAI may lose lawsuit accusing Altman's OpenAI of stealing trade secrets
Jan 30 : A federal judge signaled on Friday she may dismiss a lawsuit by Elon Musk's artificial intelligence startup xAI accusing Sam Altman's rival OpenAI of stealing trade secrets to gain an unfair advantage in developing AI technology.U.S. District Judge Rita Lin in San Francisco said h ...
2 days ago
SpaceX generated about US$8 billion in profit last year ahead of IPO: sources
Musk expects Starship to start launching payloads into space this year
2 days ago
Leveraging AI for SME growth, strengthening ESG readiness, among CPA Australia’s Budget wishlist
Nicklaus Wee - Budget 2026 comes at a pivotal time for Singapore. Global uncertainty continues to reshape the way businesses operate, with rising geopolitical tensions, supply chain disruptions and slower global growth affecting confidence. Domestically, households, like in many other countries, remain concerned a ...
2 days ago
Exclusive-Saks ending e-commerce partnership with Amazon, source says
NEW YORK, Jan 30 : Bankrupt retailer Saks Global is ending its "Saks on Amazon" partnership with e-commerce giant Amazon.com, a source with direct knowledge of the decision said on Friday.The partnership was already in dire straits when Saks filed for bankruptcy earlier this month, but the ...
2 days ago
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Jan 30 : Nvidia's plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday, citing people familiar with the matter. Re ...