1 day ago
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares down 2.6%
[NEW YORK] Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares drop 2.6%
[NEW YORK] Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share...
1 day ago
French court hears opening arguments in Bolloré/Vivendi break-up dispute
France's highest civil court heard arguments on Tuesday in a legal dispute that could require the billionaire Bolloré family to buy out minority shareholders of Vivendi for several billions of euros.Vivendi's lawyer Alain Benabent argued that the appeals court had "exceeded its power ...
1 day ago
Analog Devices sees upbeat quarterly results on resilient demand
Analog Devices on Tuesday forecast first-quarter profit and revenue above estimates, after beating fourth-quarter expectations, as the chipmaker benefited from strong demand despite tariff uncertainties.After a prolonged slump in demand, Analog has been seeing a recovery across its business sectors ...
1 day ago
Singapore, Malaysia renew commitment to implement JS-SEZ frameworks
Chloe Lim - Repurposed Johor–Singapore Cooperation Ministerial Committee will provide strategic direction and oversee priority initiatives
1 day ago
Singtel’s Optus prices S$200 million notes due 2035 at 2.48%
Jessie Lim - [SINGAPORE] A unit of Singtel’s wholly owned subsidiary Optus has priced S$200 million in 10-year fixed-rate notes due in 2035 at 2.48...
1 day ago
EV maker Nio posts 3.5 billion yuan net loss for Q3 2025
Jessie Lim - Its losses narrow from the year-ago period, and revenue is up 16.7% on year
1 day ago
EV maker Nio trims Q3 loss to 3.5 billion yuan with 40% jump in vehicle deliveries
Jessie Lim - Its losses narrow from the year-ago period, and revenue is up 16.7% on year
1 day ago
Klarna to launch dollar-backed stablecoin as race in digital payments heats up
Swedish fintech firm Klarna on Tuesday said it will launch a U.S. dollar-backed stablecoin, becoming the latest major payments company to move deeper into digital assets as regulators tighten oversight of the sector.The token, called KlarnaUSD, is currently in testing and will be available on the ma ...
1 day ago
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
The company contributes 2.7 billion yuan of profit to Alibaba Group Holding
1 day ago
Kimly earnings up 0.4% y-o-y for FY2025 ended Sept at $33.3 mil
Nicole Lim - Kimly Limited has reported earnings of $33.3 million for the full year 2025 ended Sept 30, up 0.4% y-o-y. The Catalist-listed coffee shop operator reported a 0.9% y-o-y increase in revenue for FY2025 to $322.1 million. Gross profit for the full year came in 3.8% y-o-y higher at $94.1 million, result ...
1 day ago
Board of Dasmond Koh’s NoonTalk Media says management’s pay ‘fair and justifiable’ amid firm’s losses
Jessie Lim - The remuneration committee has considered defined key performance indicators, performance milestones and market benchmarks
1 day ago
Singapore insurers more anxious than global peers, as risks related to AI, cybercrimes rise: report
Ranamita Chakraborty - Broader technology disruptions and macroeconomic uncertainties are adding to worries, says PwC study
1 day ago
Singapore insurers more anxious about AI and cyber risks than global peers: report
Ranamita Chakraborty - Broader technology disruptions and macroeconomic uncertainties are adding to worries, says PwC study
1 day ago
Panasonic's energy unit to supply auto batteries to Amazon's Zoox from 2026
TOKYO :Japan's Panasonic Energy will supply cylindrical batteries to Amazon's self-driving unit Zoox starting from early 2026 under a multi-year agreement, the Panasonic Holdings unit said on Tuesday."Panasonic Energy will deliver its latest 2170 batteries beginning in early 2026 to s ...
1 day ago
ComfortDelGro and Hello Robotaxi partner on robotaxi deployment in China, overseas markets
Chloe Lim - The venture will focus on deploying and managing robotaxi services via ComfortDelGro’s point-to-point operations
1 day ago
UBS leans on Dior partnership to back Singapore’s growing arts ecosystem
Samantha Chiew - UBS has wrapped up the Asian debut of its House of Craft x Dior exhibition in Singapore, using the collaboration not just to engage wealth clients but also to signal a longer-term commitment to nurturing the arts and creative community here. The House of Craft campaign is a global UBS initiative bui ...
1 day ago
ComfortDelGro signs MOU with Hello Robotaxi to explore deployment of Robotaxi in China and overseas
Nicole Lim - ComfortDelGro Corporation, through its subsidiary ComfortDelGro (China) has signed a memorandum of understanding (MoU) with Hello Robotaxi to work on the deployment of Robotaxi in China and overseas. The collaboration will see the deployment and management of Robotaxi services through CDG’s point- ...
1 day ago
Netflix sends off 'Stranger Things' with bike rides and product blitz
LOS ANGELES :Netflix's hit sci-fi series "Stranger Things" is about to ride to its conclusion with a marketing and merchandising blitz befitting a blockbuster movie.Ahead of the fifth and final season's debut on Wednesday, thousands turned out in Los Angeles at a cycling event du ...
1 day ago
TSMC sues former senior vice-president who joined Intel over trade secrets
The company says Lo had failed to disclose in his exit interview that he was planning to work for Intel
1 day ago
Couple caught in 99-1 property transaction sue salesperson, PropNex and law firm for S$586,172
Tay Peck Gek - This is the third reported lawsuit embroiling PropNex over the sale arrangement for buyers to avoid paying more in ABSD
1 day ago
Big buzz, small market: Meta's smartglasses are a specialty gadget this holiday
NEW YORK :Early tech adopters are gobbling up smartglasses like Thanksgiving turkey - especially Meta's new, retro-chic version with a visual display in the lens. But concerns about price, privacy, and the comfort of wearing a computer on one's face are giving mainstream shoppers pause thi ...
1 day ago
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector
1 day ago
Alphabet on pace to hit $4 trillion market value as AI gains momentum
Alphabet was on track to hit a historic $4 trillion market valuation on Tuesday, powered by an impressive year-long rally fueled by the Google parent's sharpened focus on artificial intelligence tools. Shares of the company were up 4.1 per cent at $331.7 in premarket trading, putting the compan ...
1 day ago
US leadership still ‘vital’, but its absence should not stop others from moving forward: PM Wong
Elysia Tan - If the US chooses to stay out of certain conversations, the rest of the world can find a way forward and the...
1 day ago
Amova announces two new funds with focus on SGX small and mid-cap stocks
Young Zhan Heng - This announcement is part of MAS’ EQDP, which aims to revitalise the local bourse
1 day ago
Daily Debrief: What Happened Today (Nov 25)
Stories you might have missed
1 day ago
Volkswagen to export Chinese-made cars to more overseas markets
It has no plans to export them to Europe due to a difference in electronic architecture and software technology for smart vehicles
1 day ago
Barclays sees surge in Africa, Asia cross-border deal flows
The Middle East, India and Singapore are doing more transactions in the region, and this will likely increase in 2026
1 day ago
Residential tower Starpoint in Pasir Panjang sold for S$55.3 million to Stalford International Education
Jessie Lim - The education service provider plans to redevelop the site into a hotel, hostel or serviced apartment
1 day ago
PhillipCapital's Chew maintains 'buy' call on TeleChoice International
The Edge Singapore - Paul Chew of PhillipCapital has kept his "buy" call and 21.5 cents target price for TeleChoice International following its set of mixed 3QFY2025 numbers. For the three months to Sept, the company's revenue was within expectations, driven by contributions from logistics and distributio ...
1 day ago
iFly Sentosa parent sues Simba over equipment ‘trespass’
Young Zhan Heng - Skyventure VWT alleges the equipment has resulted in revenue loss
1 day ago
TSMC files lawsuit against former executive on security concerns
TAIPEI :Taiwan Semiconductor Manufacturing Co said on Tuesday it had filed a lawsuit in the Intellectual Property and Commercial Court against its former Senior Vice President Wei-Jen Lo, who recently joined Intel.In an emailed statement to Reuters, TSMC said the lawsuit is based on the terms of the ...
1 day ago
Singapore stocks fall, bucking regional gains; STI down 0.2%
Tan Nai Lun - Across the broader market, gainers outnumber losers 310 to 247 after 1.3 billion securities worth S$1.4 billion change hands