1 day ago
Fintech can improve banking experiences, create opportunities
Yong Jun Yuan - MANY different industries, from entertainment to education, have been reshaped by technology in recent years.
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Fintech can improve banking experiences, create new opportunities for investors
Yong Jun Yuan - MANY different industries, from entertainment to education, have been reshaped by technology in recent years.
1 day ago
S-Reit acquisitions up in September, but smaller deals signal weakening appetite amid uncertainty
Jude Chan - DESPITE concerns over rising interest rates and a global economic slowdown, September has emerged as the most active month this year for acquisitions by Singapore-listed real estate investment trusts (S-Reits).
1 day ago
Number of S-Reit acquisitions rises in September, but appetite weakens amid uncertainty
Jude Chan - DESPITE concerns over rising interest rates and a global economic slowdown, September has emerged as the most active month this year for acquisitions by Singapore-listed real estate investment trusts (S-Reits).
1 day ago
As pound slumps, cash-rich foreigners on the prowl for London homes
Neil Behrmann - With the pound hitting new lows over the last fortnight, investors from the US, the Middle East and Asia are looking to take advantage of the UK’s financial crisis and snap up London residential properties, said analysts.
1 day ago
US job openings sink amid higher rates and slower growth
WASHINGTON: The number of available jobs in the US plummeted in August compared with July, a sign that businesses may pull back further on hiring and potentially cool chronically high inflation. There were 10.1 million advertised jobs on the last day of August, the government said on Tuesday (Aug 4) ...
1 day ago
Japan companies to study making ammonia in Alaska for greener energy
Alaska Gasline Development Corporation (AGDC) said on Tuesday it will study the feasibility of producing ammonia in the state's Cook Inlet region with Japan's Mitsubishi Corp and TOYO Engineering Corp and Hilcorp Alaska. The four companies agreed to "evaluate the commercial feasibilit ...
1 day ago
Musk to proceed with original $44-billion offer for Twitter before trial
Billionaire Elon Musk is planning to go ahead with his original $44-billion offer to take Twitter Inc private, sources familiar with the matter told Reuters, potentially ending the bitter feud between the Tesla chief and the social media company.The development, which sent Twitter shares higher and ...
1 day ago
Musk to proceed with original US$44-billion offer for Twitter before trial
Billionaire Elon Musk is planning to go ahead with his original US$44-billion offer to take Twitter private, sources familiar with the matter told Reuters, potentially ending the bitter feud between the Tesla chief and the social media company. The development, which sent Twitter shares higher and T ...
1 day ago
IT management firm DXC receives takeover approach
DXC Technology said on Tuesday it had been approached by a financial sponsor regarding a potential takeover of the IT management company, without disclosing further details. Shares of the company, which has a market capitalization of nearly $6 billion, jumped nearly 9 per cent on Tuesday before a tr ...
1 day ago
Twitter surges after report Musk will go through with deal
Shares of Tesla Inc pared early gains while Twitter Inc surged on Tuesday after a report that billionaire Elon Musk is expected to propose going ahead with his takeover of the social media platform at $54.20 per share.Twitter jumped almost 13 per cent to $47.93 before the stock was halted after the ...
1 day ago
Twitter surges as Musk proposes going through with deal
Shares of Tesla Inc pared early gains while Twitter surged on Tuesday (Oct 4) after reports that billionaire Elon Musk proposed to go ahead with his takeover of the social media platform at US$54.20 per share. Twitter jumped almost 13 per cent to US$47.93 before the stock was halted after a report f ...
1 day ago
The Edge Singapore repeats Story of the Year win at this year's SGX Orb Awards
The Edge Singapore - A story by senior writer Khairani Noordin of The Edge Singapore, “Into the metaverse”, was named Story of the Year at this year’s Orb Awards organised by the SGX Group.In this story, Khairani flagged the investment opportunities in this brave new world of metaverse.Her win marks a consecutive ...
1 day ago
Argentine fintech Uala to invest $150 million on Mexico, Colombia expansion, CEO says
BUENOS AIRES : Argentina's fintech unicorn Uala will invest $150 million over the next 18 months to boost its digital banking business, mainly in Mexico and Colombia, its Chief Executive Pierpaolo Barbieri said in an interview with Reuters.The fast-growing firm, which has a valuation of some $2 ...
1 day ago
Argentine fintech Uala to invest US$150 million on Mexico, Colombia expansion, CEO says
BUENOS AIRES: Argentina's fintech unicorn Uala will invest US$150 million over the next 18 months to boost its digital banking business, mainly in Mexico and Colombia, its Chief Executive Pierpaolo Barbieri said in an interview with Reuters. The fast-growing firm, which has a valuation of some ...
1 day ago
Poland's CD Projekt works on game outside The Witcher and Cyberpunk franchises
Poland's biggest video games maker CD Projekt announced plans for a slew of new games in a strategy update on Tuesday, including an entirely original one outside its two core franchises, The Witcher and Cyberpunk.Apart from new games, CD Projekt announced the launch of a new studio in North Ame ...
1 day ago
Poland's CD Projekt plans slew of games in strategy update
Poland's biggest video games maker CD Projekt announced plans for a slew of new games in a strategy update on Tuesday as it aims to have three unique franchises. The company, which had a bumpy time after the bug-ridden launch of Cyberpunk 2077 game in late 2020, said it started conceptual work ...
1 day ago
Lowly wax worm's saliva may boost fight against plastic pollution
WASHINGTON: Two substances in the saliva of wax worms - moth larvae that eat wax made by bees to build honeycombs - readily break down a common type of plastic, researchers said on Tuesday (Oct 4), in a potential advance in the global fight against plastic pollution. The researchers said the two enz ...
1 day ago
Musk plans to go ahead with original price of $54.20 a share for Twitter- sources
Billionaire Elon Musk is proposing to go ahead with his original offer of $54.20 per share to take Twitter Inc private, two sources familiar with the matter said on Tuesday, sending shares of the social media firm surging.The agreement puts the world's richest person in charge of one of the mos ...
1 day ago
Musk plans to go ahead with original price of $54.20 a share for Twitter- Bloomberg
Billionaire Elon Musk is proposing to go ahead with his original offer of $54.20 per share to take Twitter Inc private, Bloomberg News reported on Tuesday, sending the shares of the social media firm surging.Twitter shares jumped 12.7 per cent to $47.93 before trading was halted for the second time, ...
1 day ago
Musk said to go ahead with $54.20 a share Twitter deal - Bloomberg reporter
Billionaire Elon Musk is expected to propose going ahead with his takeover of Twitter Inc at $54.20 per share, a Bloomberg news reporter tweeted on Tuesday. Twitter shares weere up 12.7 per cent at $47.93 before trading was halted for the second time.Twitter and Musk's lawyers were not immediat ...
1 day ago
Musk reverses again, ready to buy Twitter at original US$44 billion price
Billionaire Elon Musk is proposing to go ahead with his original offer of US$44 billion to take Twitter private, a securities filing showed on Tuesday (Oct 4), signalling an end to a legal battle that could have forced Musk to pay up. An agreement would put the world's richest person in charge ...
1 day ago
Musk reverses again, ready to buy Twitter at original $44 billion price
Billionaire Elon Musk is proposing to go ahead with his original offer of $44 billion to take Twitter Inc private, a securities filing showed on Tuesday, signaling an end to a legal battle that could have forced Musk to pay up.An agreement would put the world's richest person in charge of one o ...
1 day ago
Musk reverses again, ready to buy Twitter at original US$44 billion price: Report
Billionaire Elon Musk is proposing to go ahead with his original offer of US$44 billion to take Twitter private, two sources familiar with the matter said on Tuesday (Oct 4), signalling an end to a bitter legal battle that was about to go to trial. An agreement would put the world's richest per ...
1 day ago
Musk reverses again, ready to buy Twitter at original $44 billion price -sources
Billionaire Elon Musk is proposing to go ahead with his original offer of $44 billion to take Twitter Inc private, two sources familiar with the matter said on Tuesday, signaling an end to a bitter legal battle that was about to go to trial.An agreement would put the world's richest person in c ...
1 day ago
Musk reverses again, now ready to buy Twitter at original price: Report
Billionaire Elon Musk is proposing to go ahead with his original offer of US$44 billion to take Twitter Inc private, two sources familiar with the matter said on Tuesday (Oct 4), signalling an end to a bitter legal battle that was about to go to trial. The agreement puts the world's richest per ...
1 day ago
Musk reverses again, now ready to buy Twitter at original price -sources
Billionaire Elon Musk is proposing to go ahead with his original offer of $44 billion to take Twitter Inc private, two sources familiar with the matter said on Tuesday, signaling an end to a bitter legal battle that was about to go to trial.The agreement puts the world's richest person in charg ...
1 day ago
Musk plans to go ahead with original price of US$54.20 a share for Twitter: Report
Billionaire Elon Musk is proposing to go ahead with his original offer of $54.20 per share to take Twitter Inc private, two sources familiar with the matter said on Tuesday, sending shares of the social media firm surging. The agreement puts the world's richest person in charge of one of the mo ...
1 day ago
Gopuff partners with Grubhub for grocery delivery
Grocery delivery platform Gopuff said on Tuesday it had partnered with Grubhub to bring more groceries, alcohol, baby supplies and other essentials to the meal delivery company's app.The tie-up showcases SoftBank-backed Gopuff's delivery services before millions of Grubhub's U.S. cust ...
1 day ago
KOP to book net proceeds of $79.2 million following ruling to transfer Shanghai project to local partners
The Edge Singapore - KOP is to transfer its 30% stake in its key Shanghai winter land theme development to its two joint venture partners, following a ruling by a local arbitration court. The company expects to book net proceeds of $79.15 million upon completion of the transaction.KOP had been in arbitration with these ...
1 day ago
World Bank sees weak growth in 2023 for eastern Europe, central Asian countries
See Toh Kok Siong - THE World Bank said economic output for its regional grouping of countries in eastern Europe and central Asia is forecast to contract by 0.2 per cent in 2022 and return to weak growth of 0.3 per cent in 2023 due to spillover effects from the war in Ukraine.
1 day ago
Amazon faces fines of up to $200,000 in Russia over banned content -agencies
MOSCOW : Amazon.com Inc faces fines of up to 12 million roubles ($204,000) in Russia for failing to delete content Moscow deems illegal, news agencies reported on Tuesday, in what would be a first penalty of this kind for the U.S. tech giant. Russia has fined several other foreign tech firms for the ...
1 day ago
Amazon faces fines of up to US$200,000 in Russia over banned content: Agencies
MOSCOW: Amazon.com faces fines of up to 12 million roubles (US$204,000) in Russia for failing to delete content Moscow deems illegal, news agencies reported on Tuesday, in what would be a first penalty of this kind for the US tech giant. Russia has fined several other foreign tech firms for the same ...
1 day ago
European cybersecurity firm Infinigate merges with Dubai's Starlink
DUBAI : Cybersecurity company Infinigate Group said on Tuesday it was merging with Dubai-based cybersecurity and cloud firm Starlink to create a company with estimated annual revenues of about $2.2 billion.Starlink will operate under the Infinigate Group "banner" post-merger, Infinigate sa ...
1 day ago
Exclusive-Banks divert gold supply from India to China, Turkey - sources
MUMBAI : Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets where better premiums are offered, three bank officials and two vault operators told Reuters.That could create scarcity in the world's second-biggest ...
1 day ago
World Bank sees weak growth in 2023 for eastern Europe, central Asia
WASHINGTON: The World Bank said on Tuesday (Oct 4) that countries in eastern Europe and Central Asia will return to weak growth in 2023, but warned that a cut-off of Russian energy to the European Union would tip them into recession next year. In updated economic forecasts, the World Bank said colle ...