3 days ago
Trump says he still might fire Jerome Powell as Fed chair pick looms
The central bank has lowered interest rates at each of its last three meetings
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
Gold hovers near two-week low as investors book profits
Bullion has staged a stellar rally in 2025, climbing 66% so far
3 days ago
Chinese stocks on track for best year since 2017 as rally widens
The MSCI China Materials Index has gained around 108% this year, on track for its strongest year since 2003
3 days ago
Two currency bets in Asia flash warning signs as year-end nears
Moves in precious metals have also contributed to swings in the region’s currencies
3 days ago
Former Malaysia PM Muhyiddin quits Perikatan Nasional leadership, triggering shake-up in opposition
Tan Ai Leng - Political fallout from Perlis is accelerating leadership changes, testing the coalition’s cohesion and direction
3 days ago
Former Malaysian PM Muhyiddin to resign as chair of opposition bloc
Malaysia is a multi-racial, multi-faith country, with ethnic-Malay Muslims accounting for over 60% of the population
3 days ago
Oil prices little changed as investors seek clarity on Russia-Ukraine talks
Dec 30 : Oil prices were little changed on Tuesday following a gain of more than 2 per cent in the previous session after Russia accused Ukraine of attacking President Vladimir Putin's residence and investors sought clarity on Ukraine peace talks to gauge potential supply disruptions. Brent ...
3 days ago
Oil prices retreat slightly; investors wary of Russia–Ukraine tensions
Dec 30 : Oil prices retreated a touch early on Tuesday after rising more than 2 per cent in the previous session, partly driven by spillover from a pullback in precious metals even as escalating Russia–Ukraine tensions left markets grappling with supply disruption fears. Brent crude futures for ...
3 days ago
Oil steadies as Russia-Ukraine peace hopes fade, Yemen tensions rise
HOUSTON, Dec 30 : Oil prices were steady on Tuesday as investors weighed dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery, which expire on Tuesday, were up 2 cents, or 0.03 per cent, at $61.96 a bar ...
3 days ago
Oil prices steady as Russia-Ukraine peace hopes fade, Yemen tensions rise
LONDON, Dec 30 : Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery, which expire on Tuesday, were up 32 cents, or 0.52 per cent ...
3 days ago
Oil prices stable as investors seek clarity on Russia-Ukraine talks
LONDON, Dec 30 : Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery, which expire on Tuesday, were up 15 cents at $62.09 a barre ...
3 days ago
China’s reawakening puts Asia M&A on confident course for 2026
The country-focused PE firms have also been hunting overseas.
3 days ago
ST Engineering expects positive H2 net profit
Therese Soh - If approved by shareholders, FY2025’s total dividend will be S$0.23 per share
3 days ago
ST Engineering guides for net profit for 2HFY2025
Kwan Wei Kevin Tan - ST Engineering has guided for a net profit for 2HFY2025 ended Dec 31. The technology, engineering and defence group says it is expecting a positive net profit after taking in all the one-off effects in 2HFY2025. On Nov 12, ST Engineering announced it had won contracts worth $4.9 billion in its 3QFY2 ...
3 days ago
Meta to acquire Singapore-based startup Manus, adding agents to bolster AI bet
AI agents are tools that do not need human supervision to perform specific digital tasks
3 days ago
Meta acquires Singapore-based startup Manus to bolster AI business
The startup sells its agent via a subscription service
3 days ago
Stocks to watch: ST Engineering, Keppel, Manulife US Reit
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 30):
3 days ago
Stocks to watch: Keppel, Manulife US Reit
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 30):
3 days ago
Stocks to watch: Keppel
Therese Soh - [SINGAPORE] The following company saw new developments that may affect trading of its securities on Tuesday (Dec 30):
3 days ago
How Miniso taps into the business of joy and emotional connections
The company has its roots in China, but it has now accumulated the most extensive cross-cultural experience in Asia
3 days ago
How Miniso tap into the business of joy and emotional connections
The company has its roots in China, but it has now accumulated the most extensive cross-cultural experience in Asia
3 days ago
Citigroup to take US$1.1 billion loss on Russian business unit sale
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia
3 days ago
Hyundai not in a position to buy back Russian auto factory: source
The market is now dominated by Chinese firms, which sold nearly one million cars in Russia in 2024 out of total sales...
3 days ago
South Korea November factory output weaker than expected
SEOUL, Dec 30 : South Korea's factory output was weaker than expected in November, data showed on Tuesday. The industrial output index rose 0.6 per cent from a month earlier on a seasonally adjusted basis, after falling 4.2 per cent in the previous month. That compared with a rise o ...
3 days ago
Unicorns likely to turn to private equity for financing: Preqin
Benjamin Cher - Private markets could reach US$32 trillion in AUM by 2030
3 days ago
Being a good asset manager is like conducting an orchestra: HSBC’s Lim Pang Qi
Tan Nai Lun - As HSBC Asset Management’s CEO for South-east Asia and Singapore, he ensures the bank’s teams gel and tracks changes in clients’ needs
3 days ago
Citi’s new Singapore chief Lee Lung-Nien on legacy and leading at home
Tan Nai Lun - ‘I want to be remembered as a good mentor,’ says the 35-year Citi veteran
3 days ago
Oil settles up over 2% on dented peace hopes in Ukraine, tensions in Yemen
Energy investors awaited data on US stockpiles for the week ended Dec 19
3 days ago
European stocks hit fresh record close as tech, staples drive post-holiday gains
Investor focus in this holiday-shortened week will be on Tuesday’s release of the minutes of the US Federal Reserve’s last meeting
3 days ago
US stocks end down as tech shares drop ahead of New Year
The S&P 500 has added about 17% so far this year
3 days ago
New private home prices to hit new highs in 2026 as supply tightens
Ry-Anne Lim - Fewer project launches and higher land costs could provide a boost, even as sales volumes ease
3 days ago
Britain's Octopus Energy to spin out Kraken at $8.65 billion valuation
Dec 29 : Britain's Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment firm D1 Capital Partners.Kraken supplies energy software to major utilities and energy groups, incl ...
3 days ago
UK’s Octopus Energy nears Kraken stake sale, Sky News reports
Dec 29 : Octopus Energy Group is close to selling a significant stake in its software unit, Kraken Technologies, in a deal that would value the business at $9 billion to $10 billion, Sky News reported, citing sources. Reuters could not immediately verify the report.
3 days ago
US stocks close below record highs, world indexes set for double-digit 2025 gains
NEW YORK, Dec 29 : U.S. stocks dipped on Monday and gold tumbled from all-time highs at the top of a holiday-shortened week.The three major U.S. stock indexes ended in negative territory, weighed down by a broad selloff, which was slightly mitigated by strength in some defensive sectors that have ...