20 hours ago
South Korea central bank holds policy rates steady as expected
[SEOUL] South Korea’s central bank kept policy interest rates unchanged on Thursday, as a chip boom and steady inflation allow policymakers more...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 hours ago
Yen recovers against dollar with BOJ policy in view
TAIPEI, Feb 26 : The yen clawed back strength against the U.S. dollar during the Asian trading session on Thursday, while better-than-expected earnings from Nvidia boosted investor confidence and markets awaited details of the latest U.S. tariffs on imports of foreign goods.The yen was last 0.3 per ...
20 hours ago
Dollar slips as Nvidia buoys investor hopes in absence of tariff news
TAIPEI, Feb 26 : The dollar began the day on the back foot during the Asian trading session on Thursday, as better-than-expected earnings from Nvidia boosted investor confidence and markets awaited details of the latest U.S. tariffs on imports of foreign goods.The U.S. dollar index, which measures t ...
20 hours ago
Bank of Korea introduces new forward guidance mirroring Fed's dot plot
SEOUL, Feb 26 : South Korea's central bank has decided to expand its forward guidance on monetary policy by providing the views of its seven board members on a quarterly basis with 21 dots in the six-month term, mirroring the U.S. Federal Reserve's so-called "dot plot".The Bank o ...
21 hours ago
Stocks to watch: Seatrium, Food Empire, AEM, YZJ Shipbuilding, Hong Leong Asia
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 26):
21 hours ago
17Live posts profits of US$3.7 mil in 2HFY2025
Samantha Chiew - 17Live, Singapore's only special purpose acquisition company (SPAC) listing, has turned profitable in its 2HFY2025 ended December 2025 results. It reported earnings of US$3.68 milion compared to a loss of US$5.21 million the same period a year ago. On a full-year basis, the group is still in th ...
21 hours ago
Valuemax's Yeah and wife Tan sell shares worth $40.37 mil to fund managers at $1.16 each
The Edge Singapore - Yeah Hiang Nam, executive chairman of Valuemax Group, and his wife, Tan Hong Yee, have sold 34.8 million shares at $1.16 to a group of investors. Following the sale, they retain a controlling stake of 81.53%. According to the company's FY2024 annual report, as at March 10 2025, Yeah held a deem ...
21 hours ago
Acrophyte Hospitality Trust H2 DPS falls 50.7% to US$0.00418 on reduced portfolio size
Shikhar Gupta - Its full-year distributable income drops on portfolio resizing and renovations
21 hours ago
Sasseur Reit’s H2 DPU rises 5.3% to S$0.03083
Chloe Lim - This is supported by resilient rental income under its entrusted management agreement model
21 hours ago
UK's O2 launches Europe's first smartphone satellite service
LONDON, Feb 26 : Britain's Virgin Media O2 launched Europe's first satellite-to-mobile service on Thursday, bringing text messages, WhatsApp and Google Maps to customers using regular smartphones in locations with no network connection for three pounds ($4.06) a month.The company, owned by ...
21 hours ago
Seatrium H2 profit up 48.3%, full-year profit doubles on margin expansion
Shikhar Gupta - The company proposes a final dividend of S$0.03 a share, double from the previous year
21 hours ago
Seatrium H2 profit up 48.3%; full-year profit doubles on stronger margins, oil and gas revenue
Sharanya Pillai - The company proposed a final dividend of S$0.03 a share, double the previous year’s
21 hours ago
C3.ai cuts 26% of global staff under new CEO's restructuring push
Feb 25 : Software provider C3.ai said it is cutting 26 per cent of its global workforce as part of a restructuring push under new CEO Stephen Ehikian, and also forecast current-quarter sales below estimates, sending its shares down 20 per cent in extended trading.The company, which had roughly 1,181 ...
21 hours ago
C3.ai to cut 26% of workforce following CEO transition
The software firm has posted a series of underwhelming earnings results
22 hours ago
Thailand’s US$4 billion rice exports seen strained by baht rally
The crop is a key source of rural income
22 hours ago
Paramount Skydance forecasts quarterly revenue below estimates as legacy TV Media drags
PARAMOUNT Skydance forecast first-quarter revenue below Wall Street estimates on Wednesday, citing an ongoing decline in legacy TV, but predicted strong growth in...
22 hours ago
Coupang braces for increased competition amid fallout from South Korea data breach
SEOUL: Investors in South Korea's e-commerce giant Coupang will be scrutinising the company's financial results on Thursday (Feb 26) for fallout from a massive data breach, as rivals lure shoppers away from its platform.The company also faces headwinds from a proposed regulatory change tha ...
22 hours ago
Air New Zealand swings to wider-than-expected loss; undertakes strategic review
The airline did not declare an interim dividend
22 hours ago
Pentagon asks US defense contractors about reliance on Anthropic's services, source says
Feb 25 : The Pentagon is reaching out to defense contractors to assess their reliance on artificial intelligence lab Anthropic's services, a source familiar with the matter told Reuters on Wednesday, ahead of a Friday deadline for the AI firm to respond to the government.Reuters reported on Tue ...
22 hours ago
Pentagon asks Boeing, Lockheed Martin about their exposure to Anthropic, Axios reports
Feb 25 : The Pentagon has asked defense contractors Boeing and Lockheed Martin to provide an assessment of their reliance on Anthropic's AI model, Claude, a first step toward a potential designation of the AI firm as a "supply chain risk," Axios reported on Wednesday.
22 hours ago
Pentagon asks defense contractors about reliance on Anthropic's AI services, source says
Feb 25 : The Pentagon has asked defense contractors to assess their reliance on Anthropic, a person familiar with the matter said on Wednesday, ahead of its Friday deadline for the AI service provider to respond to a request to eliminate safeguards.The Department of Defense has been engaged in a mon ...
22 hours ago
Singapore firms’ 2025 dividend payouts hit US$18.7 billion record high amid boost from banks: study
Therese Soh - This follows a US$2.1 trillion record for global dividends and higher normal dividends from DBS and Singapore telcos
22 hours ago
Singapore firms’ 2025 dividend payouts hit all-time high of US$18.7 billion amid boost from banks: study
Therese Soh - Global dividends hit a US$2.1 trillion record, as DBS and Singapore telcos posted ‘significant increases’ in normal dividends, says the Capital Group...
22 hours ago
Singapore firms’ 2025 dividend payouts hit all-time high of US$18.7 billion amid boost from banks: Capital Group
Therese Soh - Global dividend payouts rise 7% year on year to a US$2.1 trillion annual record, says study
22 hours ago
Singapore firms’ 2025 dividend payouts hit US$18.7 billion amid boost from banks; highest amount since 2021
Therese Soh - Global dividend payouts rise 7% year on year to a US$2.1 trillion annual record, says study
23 hours ago
BOJ chief flags March, April rate-hike chance in Yomiuri interview
TOKYO, Feb 26 : Bank of Japan Governor Kazuo Ueda said the central bank will scrutinise data at its March and April meetings in deciding whether to raise interest rates, the Yomiuri newspaper reported on Thursday, leaving open the chance of a near-term rate hike.In the interview conducted on Tuesday ...
23 hours ago
BOJ chief says bank will scrutinise data in March, April meetings, Yomiuri reports
TOKYO, Feb 26 : Bank of Japan Governor Kazuo Ueda said the central bank will scrutinise data at its March and April meetings in deciding whether to raise interest rates, the Yomiuri newspaper reported on Thursday, leaving open the chance of a near-term rate hike.In the interview conducted on Tuesday ...
23 hours ago
AT&T settles New York City lawsuit, to let shareholders vote on diversity proposal
NEW YORK, Feb 25 : AT&T has agreed to settle a lawsuit by four New York City public pension funds by letting shareholders vote on whether it should disclose the breakdown of its 133,000-person workforce by race, ethnicity and gender.New York City Comptroller Mark Levine announced the settlement ...
23 hours ago
Qantas logs record first-half profit on strong travel demand, new aircraft
It announced an interim dividend of 19.8 Australian cents a share
23 hours ago
Qantas first-half profit beats estimates on strong travel demand
It announced an interim dividend of 19.8 Australian cents a share
23 hours ago
Qantas’ international weakness overshadows profit rise as US routes soften
It announced an interim dividend of 19.8 Australian cents a share
23 hours ago
Salesforce gives disappointing sales outlook, feeds AI fears
The company says that it expects “organic growth re-acceleration” in the second half of the year
23 hours ago
Nvidia forecasts upbeat quarterly sales as AI boosts chip demand
Its adjusted profits came in at US$1.62 per share, compared with estimates of US$1.53
23 hours ago
Nvidia’s results beat estimates, but Wall Street wants more cash return
Its adjusted profits came in at US$1.62 per share, compared with estimates of US$1.53