20 hours ago
Forget US megacaps. Buy Asia’s cheaper AI stocks instead, say analysts, naming Singapore picks
Therese Soh - A re-balancing beyond US tech giants could unleash artificial intelligence opportunities for Asia
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 hours ago
Forget US megacaps. Buy Asia’s cheaper AI stocks, say analysts, naming Singapore picks
Therese Soh - A rebalancing beyond US tech giants could unleash artificial intelligence opportunities for Asia
20 hours ago
ESR-Reit posts 7.1% rise in H2 DPU to S$0.10675
Shikhar Gupta - The distribution for H2 will be paid out on Mar 24, following the record date of Feb 12
20 hours ago
ESR-Reit eyes S$8 billion AUM over five years, targets 8-10% unitholder returns
Chong Xin Wei - These goals will be achieved through selective redevelopments and acquisitions, while actively paring short land lease assets
21 hours ago
EU to offer US critical minerals partnership to check China
The partnership aims to jointly find ways to source critical minerals without relying on the Asian nation
21 hours ago
KKR, Singtel confirm $6.6 billion acquisition of remaining stake in STT Global Data Centres
The Edge Singapore - KKR and Singtel are taking full ownership of ST Telemedia Global Data Centres by spending $6.6 billion to buy an 82% stake they don’t already own, in a big bet to meet growing demand for data storage and processing capacity. The latest transaction, first reported to be in the making since last Nov ...
21 hours ago
KKR, Singtel confirm $6.6 bil acquisition of remaining stake in STT Global Data Centres
The Edge Singapore - KKR and Singtel are taking full ownership of ST Telemedia Global Data Centres by spending $6.6 billion to buy an 82% stake they don’t already own, in a big bet to meet growing demand for data storage and processing capacity. The latest transaction, first reported to be in the making since last Nov ...
21 hours ago
Keppel Reit H2 DPU down 10.4% at S$0.0251 amid enlarged unit base, higher NPI
Therese Soh - Lower DPU also due to absence of contributions from acquisitions completed in December
21 hours ago
Keppel Reit DPU down 10.4% at S$0.0251 for H2
Therese Soh - The distribution will be paid on Mar 25
21 hours ago
Keppel Reit H2 DPU down 10.4% at S$0.0251 amid enlarged unit base
Ry-Anne Lim - Meanwhile, net property income is up 2.4% at S$107.7 million in the latest half year
21 hours ago
ESR-REIT's FY2025 total DPU rises 3.4% y-o-y to 21.914 cents
The Edge Singapore - ESR-REIT reported a 3.4% y-o-y rise total distribution per unit (DPU) of 21.914 cents for the 12 months to Dec 31, 2025, its FY2025. Core DPU increased by 7.6% to 21.440 cents, and accounted for approximately 98% of total DPU, underpinned by higher core earnings and improved asset performance. Gross ...
21 hours ago
Nvidia nears deal to invest $20 billion in OpenAI funding round, Bloomberg News reports
The ChatGPT maker is also nearing a deal to invest US$20 billion in OpenAI as part of its latest funding round, reported Bloomberg News.
21 hours ago
Nvidia nears deal to invest $20 billion in OpenAI funding round, source says
The ChatGPT maker is also nearing a deal to invest US$20 billion in OpenAI as part of its latest funding round, reported Bloomberg News.
21 hours ago
KKR, Singtel buy STT GDC for S$6.6 billion
Young Zhan Heng - KKR and Singtel will own stakes of 75% and 25%, respectively, in the company
21 hours ago
KKR, Singtel buy STT GDC for S$6.6 billion in one of Asia’s largest data centre deals
Young Zhan Heng - KKR and Singtel will own stakes of 75% and 25%, respectively, in the company
21 hours ago
Analysts see KKR-led STT GDC deal accelerating Singtel’s push to digital infrastructure
Young Zhan Heng - The deal positions the telco as one of Asia-Pacific’s largest data centre players
21 hours ago
Alphabet plots big expansion in India as US restricts visas
Google rivals have recently set up shop in the country
21 hours ago
Securities financing gains traction among Singapore players amid global demand, wealth inflows
Tan Nai Lun - While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say
21 hours ago
Latest proposals will boost investing on SGX, but costs may negate efficacy
Tay Peck Gek - Fees and commissions incurred might be relatively sizeable and eat into the returns
21 hours ago
Securities financing gains traction among Singapore banks amid global demand, wealth inflows
Tan Nai Lun - While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say
22 hours ago
Mondelez forecasts muted annual revenue, profit as price hikes pull down volume
Consumers in the US have also been seeking healthier food options
22 hours ago
Amazon's AWS CEO calls orbital data centers 'pretty far' from reality
SAN FRANCISCO, Feb 3 : Amazon's top cloud computing executive said space-based data centers are "pretty far" from being a reality, even as a number of startups and the company's own founder, Jeff Bezos, have pursued the idea.The explosive growth of artificial intelligence require ...
22 hours ago
Amazon's AWS CEO says orbital data centers 'pretty far' from reality
SAN FRANCISCO, Feb 3 : Amazon's top cloud computing executive said space-based data centers are "pretty far" from being a reality, even as a number of startups and the company's own founder, Jeff Bezos, have pursued the idea.The explosive growth of artificial intelligence require ...
22 hours ago
Paris cybercrime unit searches X office; Musk summoned
Musk said the investigation is “a political attack”
22 hours ago
Crypto.com launches predictions-only platform before Super Bowl
The back end will still be powered by its existing exchange and clearinghouse, all registered with the CFTC
22 hours ago
Oil prices climb 2% after US shoots down Iranian drone, worries about armed boats
[NEW YORK] Oil prices climbed about 2 per cent on Tuesday after the US shot down an Iranian drone approaching a US aircraft...
22 hours ago
Super Micro Computer raises annual revenue forecast amid strong demand for its servers
Feb 3 : Super Micro Computer raised its annual revenue forecast on Tuesday, anticipating a continued robust demand for its AI-optimized servers as companies expand their data center capacity.Shares of the San Jose, California-based company rose over 5 per cent in extended trading.The company has est ...
22 hours ago
European shares little changed as software rout counters relief rally in miners
EUROPE’S benchmark share index nudged up to another record close on Tuesday (Feb 4) as a sharp selloff in software and advertising...
22 hours ago
EA beats quarterly bookings estimates powered by new 'Battlefield' game
Feb 3 : Electronic Arts beat expectations for third-quarter bookings on Tuesday, buoyed by strong sales of its new "Battlefield" title and signs that the videogame publisher's big bets on its best-selling shooter franchise were paying off.The results reflect a return to form for one o ...
23 hours ago
US stocks: Wall Street ends sharply down as traders fret about AI disruption
WALL Street ended sharply lower on Tuesday as investors worried about AI creating more competition for software makers, keeping them on edge...
23 hours ago
Match Group forecasts upbeat revenue as turnaround gains traction
Feb 3 : Tinder parent Match Group forecast first-quarter revenue above estimates, signaling early gains from its turnaround push, sending its shares up about 12 per cent in extended trading.The company has been reworking core features to steer users toward more meaningful matches and reduce negative ...
23 hours ago
Take-Two raises annual bookings forecast, sticks with 'GTA VI' November launch
Feb 3 : Take-Two Interactive raised its annual bookings forecast on Tuesday, betting on strong sales of its premium sports, action and mobile titles as it gears up to launch the highly anticipated "Grand Theft Auto VI" in November. Shares of the company rose around 4 per cent in extended t ...
23 hours ago
Texas Instruments in advanced talks to buy Silicon Laboratories for about $7 billion, source says
Feb 3 : Texas Instruments is in advanced talks to buy chip designer Silicon Laboratories for about $7 billion, a source familiar with the matter told Reuters on Tuesday.A deal could be announced in the coming days, the source said.Shares of Silicon Laboratories, which has a market value of about $4. ...
23 hours ago
Texas Instruments in advanced talks to buy Silicon Laboratories for about $7 billion, FT reports
Feb 3 : Texas Instruments is in advanced talks to buy chip designer Silicon Laboratories for about $7 billion, the Financial Times reported on Tuesday.A deal between the two companies could be announced in the coming days, the newspaper said, citing people familiar with the matter.Shares of Silicon ...