1 day ago
Market reforms in Asean could open up stock-picking opportunities: JPMorgan
Chloe Lim - Some Malaysian banks, a Thai energy firm are among analysts’ picks
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
These little-known SGX tech stocks are beating the market. What’s driving them up?
Shikhar Gupta - Avi-tech shares were up 5.4%, while Asti shares rose 100% in the space of a week
1 day ago
Hard assets, high stakes: Next-generation successors are betting on gold, watches and art as alternative investments
Jean Low - However, experts warn that these may not be ‘recession-proof’
1 day ago
Sustainable investing: Net inflows and relative returns slide
Genevieve Cua - Outflows from the US may not be surprising, but the same is being observed elsewhere in the world
1 day ago
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
A weaker ringgit may boost appeal for foreign buyers, but experts say taxes, financing rules and resale liquidity matter
1 day ago
Grab should consider a Singapore dual listing on SGX
Benjamin Cher - Beyond an uplift to investor recognition, the company could also benefit from EQDP funds
1 day ago
More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings
Renald Yeo - Their combined non-interest income rises to a record S$5.16 billion from S$4.78 billion the year before
1 day ago
Trump says he doesn’t need China’s help to end Iran war
The US president is due to discuss the war with Xi this week
1 day ago
Oil settles higher as hopes of peace in the Middle East dwindle
The EIA now expects global oil inventories will fall about 2.6 million bpd this year
1 day ago
Oil prices slip on teetering Iran ceasefire as Trump heads to China
Elevated interest rates make borrowings more expensive, potentially denting demand for oil
1 day ago
Commentary: Why US$70 should be the most worrying number for the LNG market
US$70 is the tipping point where liquefied natural gas (LNG) will get squeezed out by renewable alternatives, says David Fickling for Bloomberg Opinion.
1 day ago
S&P 500, Nasdaq end lower as inflation, Iran tensions weigh
As reporting season wraps up, investors are increasingly focused on valuations, macroeconomics and geopolitical developments
1 day ago
Stoxx 600 falls as fragile Middle East ceasefire dents risk sentiment
Money markets currently expect three hikes from the ECB before the end of the year
1 day ago
SpaceX eyes global spaceports as Starship launch ambitions grow ahead of IPO
May 12 : SpaceX is scouting potential U.S. and overseas locations to build "spaceports", CEO Elon Musk said in a post on X on Tuesday, as the company prepares for a future in which its massive Starship rocket could launch thousands of times a year.Unlike traditional expendable rockets, Sta ...
1 day ago
US social media legislation gains momentum as key Republican senator pledges support
WASHINGTON, May 12 : U.S. legislation that would require social media companies to take more responsibility for how their apps affect children and teens overcame a key hurdle on Tuesday, when a leading Republican senator said he would back the bill.U.S. Senator Ted Cruz said at an event in Washingto ...
1 day ago
Exclusive-Meta employees launch protest against mouse-tracking tech at US offices
NEW YORK, May 12 : Meta employees distributed flyers at multiple U.S. offices on Tuesday to protest the company's recent installation of mouse-tracking software on their computers, according to photos of the pamphlets seen by Reuters.The flyers, which appeared in meeting rooms, on vending machi ...
1 day ago
Exclusive-Meta employees protest against mouse tracking tech at US offices
NEW YORK, May 12 : Meta employees distributed flyers at multiple U.S. offices on Tuesday to protest against the company's recent installation of mouse-tracking software on their computers, according to photos of the pamphlets seen by Reuters.The flyers, which appeared in meeting rooms, on vendi ...
1 day ago
Exclusive-Meta US employees organize protest against mouse tracking tech
NEW YORK, May 12 : Meta employees distributed flyers at multiple U.S. offices on Tuesday to protest the company's recent installation of mouse-tracking software on their computers, according to photos seen by Reuters.The flyers encourage staffers to sign an online petition against the move, say ...
1 day ago
Meta seeks to avoid EU fine with free WhatsApp access for rival AI chatbots
BRUSSELS, May 12 : Meta Platforms has offered to give rival AI chatbots free access to its social messaging service WhatsApp for a month while it discusses ways to resolve EU antitrust concerns, the U.S. tech giant said on Tuesday, in a move that could stave off a hefty fine.Meta's move came af ...
1 day ago
Meta offers rival AI chatbots free access to WhatsApp for a month
BRUSSELS, May 12 : Meta Platforms has offered to give rival AI chatbots free access to its social messaging service WhatsApp for a month while it discusses commitments with EU antitrust regulators to address their concerns, the U.S. tech giant said on Tuesday.Meta's move came after the European ...
1 day ago
Samsung Electronics fails to reach deal with union; PM says strike must be averted
SEOUL, May 13 : Samsung Electronics and its union failed to reach a pay deal on Wednesday, heightening the risk of a massive strike that threatens not only chip production, the company's standing, but also the health of the South Korean economy.The impasse followed marathon government-mediated ...
1 day ago
Samsung Electronics, S. Korean labor union fail to reach pay deal, strike looms
SEOUL, May 13 : Samsung Electronics and its South Korean labor union failed to reach a pay deal on Wednesday, its union leader said, expecting over 50,000 workers would go ahead with a full strike that threatens to disrupt production of AI and other chips.The impasse followed hours of marathon talks ...
1 day ago
Samsung Electronics, labor union fail to reach pay deal as strike looms
SEOUL, May 13 : Samsung Electronics and its South Korean labor union failed to reach a pay deal on Wednesday, its union leader said, ahead of a planned lengthy strike that threatens to disrupt production of AI and other chips.The impasse followed hours of marathon talks on Monday and Tuesday under a ...
1 day ago
Samsung Elec, labour union fail to reach pay deal as strike looms
SEOUL, May 13 : Samsung Electronics and its South Korean labour union failed to reach a pay deal on Wednesday, its union leader said, ahead of a planned lengthy strike that threatens to disrupt production of AI and other chips.The union has said that should its demands not be met, workers will strik ...
1 day ago
OpenAI faces lawsuit in California court claiming chatbot gave advice that led to fatal overdose
May 12 : The parents of a man who died of an accidental drug overdose last year sued OpenAI and its founder and CEO Sam Altman in a California court on Tuesday, alleging the man was coached to take a dangerous combination of substances by ChatGPT.Leila Turner-Scott and Angus Scott say their son, Sam ...
1 day ago
Anthropic expands Claude's AI tools for law firms, lawyers
WASHINGTON, May 12 : Artificial intelligence company Anthropic on Tuesday released an expanded suite of features for lawyers using its Claude AI assistant, including tools for specialized legal topics and access within Claude to other legal research and AI products. San Francisco-based Anthropic sai ...
1 day ago
Explainer-What is in the US Senate's landmark crypto bill?
May 12 : The U.S. Senate Banking Committee late on Monday unveiled the text of a long-awaited, landmark bill that would create a regulatory framework for cryptocurrencies ahead of a scheduled committee vote to advance the bill on Thursday.Dubbed the Clarity Act, the bill aims to clarify financial re ...
1 day ago
Google in talks with SpaceX for Suncatcher orbital data center project
May 12 : Alphabet's Google on Tuesday said it has been in discussions with Elon Musk's SpaceX and others regarding future launches for its Project Suncatcher, an orbital data center project.Google is pushing the space-based data center idea with Project Suncatcher, a research effort to net ...
1 day ago
Google, SpaceX in talks to explore data centers in orbit, WSJ reports
May 12 : Alphabet's Google is in talks with Elon Musk's SpaceX for a rocket launch deal as the search giant expands its own efforts to put orbital data centers in space, the Wall Street Journal reported on Tuesday, citing people familiar with the discussions.
1 day ago
Stocks wilt as oil rallies; Iran ceasefire 'on life support'
“There's been speculation about the Iran conflict flaring back up. That's pushed oil prices higher,” said analyst Emily Roland of Manulife John Hancock Investments.
1 day ago
Starlink rival Eutelsat's Q3 revenue meets forecasts as LEO growth offsets video decline
May 12 : European satellite operator Eutelsat on Tuesday reported third-quarter revenue broadly in line with market expectations, as growth in its low Earth orbit internet business helped offset continued weakness in video.Investors are watching for the point at which LEO growth outweighs the declin ...
1 day ago
US prosecutors charge Singapore firm, two other parties over 2024 Baltimore bridge collapse
[WASHINGTON] The US Justice Department said on Tuesday (May 12) that a grand jury has indicted two foreign operators and a shoreside...
1 day ago
Google-backed Isomorphic raises $2.1 billion to scale AI-driven drug discovery
May 12 : Isomorphic Labs, an artificial intelligence-driven drug discovery company, said on Wednesday it has raised $2.1 billion in its latest funding round led by existing investor Thrive Capital.The funding round, completed at an undisclosed valuation, also included other existing investors, Googl ...
1 day ago
Anthropic's Mythos sends US banks rushing to plug cyber holes
NEW YORK, May 12 : U.S. banks are rushing to fix scores of IT system weaknesses flagged by Anthropic’s powerful but costly Mythos AI tool, prompting urgent repairs, software upgrades and raising the possibility of disruption for customers.A handful of the country's largest lenders currently h ...