2 days ago
Britain tries to fix its frayed relations with world’s rich
TECH billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes all recently left the UK...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain
DUTCH chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese...
2 days ago
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate cut...
2 days ago
Oil prices settle up in low volume on US holiday; Russia-Ukraine talks in focus
[NEW YORK] Oil prices rose on Thursday as market participants weighed the likelihood that talks to end the war in Ukraine will yield an...
2 days ago
Baikonur launch pad damaged after Russian Soyuz launch to International Space Station
MOSCOW :A Russian Soyuz MS-28 spacecraft with two Russian cosmonauts and one NASA astronaut on board successfully docked with the International Space Station on Thursday, Russian space agency Roscosmos said.But the agency later reported that the launch pad at the Baikonur Cosmodrome in Kazakhstan ha ...
2 days ago
Genome study reveals milestone in history of cat domestication
Whether they are a Siamese, Persian, Maine Coon, or Domestic Shorthair, there are hundreds of millions of cats living with people around the world. But despite their popularity as pets, the history of cat domestication has remained difficult for scientists to decipher.A new genome study is providing ...
2 days ago
OxPay receives in-principle approval to provide money services in Bhutanese city
The Edge Singapore - On Nov 27, OxPay Financial announced the receipt of in-principle approval (IPA) for a Financial Services Licence from the Gelephu Financial Services Office (GFSO) to provide regulated money services in or from Gelephu Mindfulness City (GMC), Bhutan, through a new wholly-owned subsidiary to be establ ...
2 days ago
Dollar set for biggest weekly fall in four months, Fed in focus
The U.S. dollar headed for its steepest weekly drop in four months on Thursday as investors bet on further monetary easing, amid pressure from President Donald Trump to cut rates.The yen edged 0.10 per cent higher to 156.33 per dollar, helped by a hawkish turn in tone from Bank of Japan officials.U. ...
2 days ago
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres
2 days ago
Brazilian physician hails love of paleontology that led to major ancient reptile discovery
PARAISO DO SUL, Brazil :When physician Pedro Lucas Porcela Aurelio unearthed a fossil in Brazil's southern Rio Grande do Sul state in 2014, he could barely imagine his discovery would later help scientists better understand the rise of early reptiles.Research identified that fossil as belonging ...
2 days ago
OCBC’s Internet and mobile banking services fully restored after two-hour outage
Jessie Lim - [SINGAPORE] OCBC customers experienced difficulties logging into the bank’s mobile application on Thursday (Nov 27).
2 days ago
OCBC customers unable to log into mobile banking app
Jessie Lim - [SINGAPORE] OCBC customers are experiencing difficulties logging into the bank’s mobile application on Thursday (Nov 27).
2 days ago
Thai prices hit near 4-month high; India prices ease on weak demand, soft rupee
Thailand’s 5% broken rice was quoted at US$370 per metric tonne, its highest since July 31
2 days ago
BT’s young-audience initiative thrive named best digital platform at SGX Orb Awards
Jessie Lim - This is its fourth award since it launched in 2022
2 days ago
JPMorgan upgrades China’s stocks on multiple positive drivers
These include policy support, easy liquidity, governance reforms and net-positive prospects for AI-heavy stocks
2 days ago
US extends one-year tariff exclusions on some Chinese industrial goods as part of trade truce
The moves covers 14 product categories
2 days ago
The Edge Singapore wins twice at SGX Orb Awards, including Story of the Year
The Edge Singapore - The Edge Singapore picked up two awards at the eighth SGX Orb Awards on Nov 27, including Story of the Year. Executive editor Goola Warden won the top prize at the Singapore Exchange’s (SGX) annual awards with her cover story “Loss in translation: The downside of a haven currency like Singapore& ...
2 days ago
Navigating client relationships with AI
Samantha Chiew - As investors worldwide chase AI-themed opportunities, organisations are exploring how to harness the technology. For banks like UBS, around 80% of AI-related initiatives focus on boosting efficiency and productivity, with the remaining 20% aimed at enhancing customer engagement. This focus is partic ...
2 days ago
The trillion-dollar business of wealth
Samantha Chiew - After the headline-grabbing acquisition of Credit Suisse, UBS has grown the combined AUM in Asia Pacific past the US$1 trillion mark. Young Jin Yee, co-head of the bank’s wealth management business in the region, looks back on the journey and shares what lies ahead. For close to 20 years before jo ...
2 days ago
China Taiping Insurance shares hit by over US$200 million exposure to Hong Kong fire
The fire could substantially hurt the underwriting results of Hong Kong’s general insurance industry
2 days ago
China warns of bubble risk in booming humanoid robotics industry
The call for vigilance reflects Beijing’s unease over excess investment flooding into the sector
2 days ago
French antitrust watchdog dismisses complaint filed against Microsoft
PARIS :French antitrust watchdog on Thursday dismissed a complaint filed against Microsoft by local search engine Qwant which accused the U.S. company of abusing its dominant position.The Autorite de la Concurrence, as the watchdog is known, said Qwant failed to bring elements sufficiently convincin ...
2 days ago
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey
2 days ago
Daily Debrief: What Happened Today (Nov 27)
Stories you might have missed
2 days ago
TotalEnergies ceases Singapore EV charging operations; charge-point network to be transferred to LTA
Chloe Lim - [SINGAPORE] TotalEnergies Charging Services Singapore, the charging-point operator behind BlueSG, said on Thursday (Nov 27) that it “has signed a termination agreement...
2 days ago
TotalEnergies ceases Singapore EV charging operations; charge-point network transferred to LTA
Chloe Lim - [SINGAPORE] TotalEnergies Charging Services Singapore, the charging point operator behind BlueSG, said on Thursday (Nov 27) that it “has signed a termination...
2 days ago
Penang developer E&O to launch first Klang Valley township near Google data centres
Tan Ai Leng - To be launched in 2026, the township will include the Seri Embun residential precinct and the commercial component Laman Embun
2 days ago
ASL Marine reports earnings of $20.4 mil for 1QFY2026 up 13.3% y-o-y
Nicole Lim - ASL Marine has reported earnings 13.3% y-o-y higher for the 1QFY2026 ended Sept 30 of $20.4 million. The group’s revenue for the first quarter of the year grew 12.1% y-o-y to $94.2 million, with increased revenue contribution mainly from shipbuilding and its ship repair, conversion and engineering ...
2 days ago
Singapore stocks track regional gains on Thursday; STI up 0.2%
Tan Nai Lun - Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands
2 days ago
Shariot’s woes reflect rough road for car-sharing in Singapore: observers
Derryn Wong - High and fluctuating costs, small scale and operational difficulties may have been factors
2 days ago
Bedok Rise site draws 10 bids, topped by Allgreen Properties’ S$1,330 psf ppr
Chong Xin Wei - Top bid is higher than expected, and comes after Bayshore parcel was sold for S$1,388 psf earlier this year
2 days ago
Singapore rents aren’t going anywhere, AI boom or not
Andy Mukherjee - Singapore tenants have had two relatively calm years after rental increases blew past New York in the aftermath of the pandemic. No, the Asian financial centre didn’t elect a Zohran Mamdani to lower the cost of living — a tight labour market and healthy income growth have made housing affordabil ...
2 days ago
Japan to boost shorter debt to fund stimulus plan; Fitch warns on rating
The focus on short-term debt likely reflects government concern over recent rises in super-long yields
2 days ago
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
The 3 million sq ft behemoth in Canary Wharf will house up to 12,000 people