2 days ago
Grab’s new acquisition in Taiwan could further delay a deal for Indonesia’s GoTo
Benjamin Cher - All attention is likely on issues related to the recent purchase plans
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Amazon eyes $9 billion Globalstar deal to rival SpaceX's Starlink, FT reports
April 1 : Amazon is in talks to buy satellite telecom group Globalstar as it ramps up efforts to build its own low-earth-orbit satellite business to rival SpaceX's Starlink, the Financial Times reported on Wednesday, citing people familiar with the matter.Globalstar's shares, which have mo ...
2 days ago
Amazon in talks to buy $9 billion satellite group Globalstar, FT reports
April 1 : Amazon is in talks to acquire satellite telecom group Globalstar, as the tech giant ramps up efforts to build its own low-earth-orbit satellite business, the Financial Times reported on Wednesday, citing people familiar with the matter. Globalstar's shares, which have more than double ...
2 days ago
Exclusive-Intel looks to put millions more into SambaNova startup chaired by CEO Tan
SAN FRANCISCO, April 1 : Chipmaker Intel has planned to invest another $15 million in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, a Reuters review of corporate records showed.The investment, subject to regulatory approval, would increase Intel's ownership of SambaNova to 9 per ce ...
2 days ago
Robot taxis stop in traffic in Wuhan, stranding travellers
China had a late start in driverless technology but has been quicker to approve widespread testing
2 days ago
Australia’s regulator says ASX favoured shareholder returns over system resilience
AUSTRALIAN Securities Exchange has an ‘insular and defensive’ culture that prioritised delivering higher shareholder returns over ensuring critical market infrastructure was in...
2 days ago
Australia’s regulator flags governance, risk failures at ASX in final report
AUSTRALIA’S corporate regulator on Thursday flagged governance weaknesses and risk management failures at the country’s market operator ASX in its final report...
2 days ago
GM, Toyota report lower quarterly sales in US amid affordability concerns
The Iran war has added to the strain on the market
2 days ago
Commentary: Tiger Beer does not need to be brewed locally to be a Singapore icon
Local brand Tiger Beer is marketed as an international one and run like the global business it has become, says SUSS marketing professor Lau Kong Cheen.
2 days ago
Automakers plan billions in US investments but seek clear trade rules
Uncertainty about the United States-Mexico-Canada Agreement is delaying investment decisions
2 days ago
Oil gains after Trump says Hormuz to open ‘naturally’ after war
Brent crude rises to US$105 a barrel after US President’s national address on Iran war
2 days ago
Oil slides after Trump says US will end its war on Iran soon
[NEW YORK] Oil prices settled lower on Wednesday after President Donald Trump said that the US would end its war on Iran fairly...
2 days ago
US stocks: Wall Street ends higher on speculation about end to Iran war
WALL Street ended higher on Wednesday, with strong gains in Alphabet and other heavyweights, after US President Donald Trump suggested an end...
2 days ago
WhatsApp says Italian surveillance company tricked around 200 users into downloading spyware
WASHINGTON, April 1 : Messaging service WhatsApp said an Italian surveillance company tricked some 200 users into downloading a bogus version of its popular app that was rigged to spy on its victims.In a statement, the Meta Platforms-owned service said the campaign was carried out by ASIGINT, a subs ...
2 days ago
Analysis:NASA's moon mission tests aerospace old guard as SpaceX, Blue Origin hover
April 1 : NASA's Artemis II mission is shaping up to be more than just the next step in returning humans to the moon — it is a key test of whether the agency's traditional contractor-built systems can remain viable in a rapidly shifting space industry.The mission, set to launch on Wednes ...
2 days ago
Stellantis in talks to build Chinese EVs at Canadian plant, Bloomberg News reports
April 1 : Stellantis is discussing options for building electric vehicles in Canada with Chinese partner Zhejiang Leapmotor Technology, Bloomberg News reported on Wednesday, citing people familiar with the matter.Stellantis and Zhejiang Leapmotor Technology did not immediately respond to Reuters ...
2 days ago
Analysis:SpaceX’s orbital data centers could face same hurdles as Microsoft’s abandoned undersea project
LOS ANGELES, April 1 : SpaceX on Wednesday filed for an IPO that Elon Musk says will bankroll an effort to turn the rocket maker into an AI powerhouse, launching up to 1 million data‑center satellites into orbit to bypass power and water limits on Earth.Microsoft had a similar ambition to escape l ...
2 days ago
Related Digital nears $16 billion financing for Oracle data center, source says
2 days ago
SpaceX IPO buzz lifts aerospace shares on spillover bets
April 1 : Shares of aerospace companies jumped on Wednesday as investors bet that Elon Musk-owned SpaceX's confidential filing for an initial public offering would be a catalyst for the sector's next growth phase.Musk's company confidentially filed for a U.S. IPO on Wednesday and is e ...
2 days ago
Exclusive-SpaceX will host analyst day on April 21, source says
SAN FRANCISCO, April 1 : Rocket company SpaceX will host an analyst day on April 21, and will offer analysts a visit to its "Macrohard" xAI datacenter in Memphis, Tennessee two days later, a source familiar with the matter said on Wednesday.SpaceX has filed confidentially for an initial pu ...
2 days ago
AF Global expected to delist around Apr 24
Paige Lim - Last day of trading of shares is on Apr 2
2 days ago
Italian bill proposes curbs on social media addiction
ROME, April 1 : Italian senators on Wednesday presented a draft law to tackle social media addiction that seeks to increase the responsibility of online platforms for the way content is distributed to users.It comes amid growing scrutiny across Europe of digital platforms and follows a U.S. ruling l ...
2 days ago
ST Engineering bags S$600 million contract to design, supply boat platform systems for Kuwaiti navy
Paige Lim - This follows a deal for four vessels for UAE navy also awarded by Abu Dhabi Ship Building
2 days ago
The road to SpaceX's juggernaut IPO
April 1 : Elon Musk's SpaceX has confidentially filed for its hotly anticipated U.S. initial public offering, a person familiar with the matter told Reuters on Wednesday, taking space exploration from a speculative venture to a mainstream investment theme.Here is a timeline of SpaceX's jou ...
2 days ago
SpaceX files for IPO, sources say, offering investors stake in Musk's space ambitions
April 1 : Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, two people familiar with the matter told Reuters on Wednesday, setting the stage for what could become the largest stock market listing on record.SpaceX puts more rockets in space than any other company an ...
2 days ago
SpaceX files for IPO, sources say, offering investors a stake in Musk’s moon, Mars ambitions
April 1 : Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, two people familiar with the matter told Reuters on Wednesday, setting the stage for what could become the largest stock market listing on record.SpaceX puts more rockets in space than any other company an ...
2 days ago
SpaceX registers to take rocket maker public in blockbuster IPO, source says
April 1 : Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, setting the stage for what could become the largest stock market listing on record, a person familiar with the matter told Reuters on Wednesday. A public listing at a potential valuation of more than $1.75 ...
2 days ago
World shares rally, oil prices fall on war de-escalation hopes
NEW YORK/LONDON, April 1 : Global stocks rallied and oil futures retreated on Wednesday on hopes of a de-escalation in the Iran war.The U.S. dollar softened against a basket of other currencies, while U.S. Treasury yields rose from their lows after a pair of reports underscored resilience in the U.S ...
2 days ago
World markets rocket higher on optimism Iran war could end soon
NEW YORK/LONDON, April 1 : Global stocks rallied and oil prices reversed gains on Wednesday as hopes of a de-escalation in the Iran conflict fuelled the biggest rebound in regional equities in more than three years.President Donald Trump said the U.S. could end its military attacks on Iran in two to ...
2 days ago
Chinese chipmakers claim nearly half of local market as Nvidia’s lead shrinks
Beijing pushes domestic chips over foreign tech to cut dependence and bolster local alternatives
2 days ago
Mapletree Investments sells mid-shallow bay logistics portfolio to Dalfen Industrial for US$207.5 million
Paige Lim - The portfolio includes 19 warehouse assets across key US distribution markets in Texas, Illinois, Ohio and Indiana
2 days ago
‘No definitive decision’ made for YZJ Maritime to pursue capital market activities in Hong Kong: CEO
Paige Lim - Yangzijiang Shipbuilding also says it has no plans for equity fundraising transactions outside Singapore
2 days ago
Franklin Templeton to acquire CoinFund spinoff to expand crypto push
April 1 : Investment manager Franklin Templeton said on Wednesday it had agreed to acquire cryptocurrency investment unit 250 Digital, spun out of venture firm CoinFund, as it steps up its expansion into digital assets.The deal comes as traditional financial firms ramp up their presence in cryptocur ...
2 days ago
Wall St opens higher as Iran war resolution hopes lift sentiment
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Apr 1), building onto their biggest one-day jump in nearly a year...