2 days ago
Uber teams up with Baidu to start robotaxi trials in UK
Global robotaxi rollouts are accelerating, with Chinese companies and Alphabet’s Waymo leading the charge
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
AI and liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders
Deon Loke - The technology sector remains the cornerstone of Schroders’ bullish thesis for the region
2 days ago
Thailand's car production rises 11% on year in November
BANGKOK, Dec 22 : Car production in Thailand in November rose 11.06 per cent from a year earlier to reach 130,222 units, the Federation of Thai Industries said on Monday.The increase followed a year-on-year rise of 14.17 per cent in October. Local sales in November rose 20.65 per cent year-on- ...
2 days ago
Asian markets rally with Wall St as rate hopes rise, AI fears ease
HONG KONG: Asian markets rallied on Monday (Dec 22) and gold hit a record high as the latest round of United States data boosted hopes for more interest rate cuts, while worries over AI spending also
2 days ago
Payroll compliance: The hidden risk that may haunt business stability
Jessica Zhang - It begins like any classic horror movie, where everything appears to be normal. The office hums along, payroll cycles run smoothly, and payslips arrive on time. Yet beneath the surface, something stirs. An invisible risk – payroll non-compliance – quietly creeps toward the heart of the business. ...
2 days ago
Japan interest rates hit highest since 1995 as BOJ signals more hikes
Samantha Chiew - Japan’s central bank has lifted its key policy rate to a 30-year high, nudging the country further away from the ultra-loose stance that has defined its monetary policy for decades. The Bank of Japan (BOJ) raised its benchmark short-term rate by 0.25 percentage point (ppt) to 0.75% on Dec 19, its ...
2 days ago
Asia: Markets rally with Wall Street as rate hopes rise, AI fears ease
ASIAN markets rallied on Monday and gold hit a record high as the latest round of US data boosted hopes for more...
2 days ago
Osaka’s Samty Holdings launches US$500 mil multi-family asset fund
Jovi Ho - Japanese accommodation developer and fund manager Samty Holdings has announced the final close of its US$500 million ($646.56 million) multi-family asset fund, with US$200 million already allocated to a first portfolio of newly built assets around Japan. The fund was established in strategic partner ...
2 days ago
From Amazon to Microsoft: AI is driving thousands of job cuts worldwide
Sudeshna Dhar - Global banks alone will cut as many as 200,000 jobs in the next three to five years
2 days ago
From Amazon to DBS: AI is driving thousands of job cuts worldwide
Sudeshna Dhar - Global banks alone will cut as many as 200,000 jobs in the next three to five years
2 days ago
From Amazon to DBS: AI is driving thousands of layoffs worldwide
Sudeshna Dhar - Global banks alone will cut as many as 200,000 jobs in the next three to five years
2 days ago
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
Sudeshna Dhar - [SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be...
2 days ago
Trans-Cab, Geolah receive full ride-hail licences from LTA
Shikhar Gupta - LTA has upgraded their provisional licences for point-to-point transport services
2 days ago
Can Singapore family-owned property empires last far beyond three generations?
Leslie Yee - Applying lessons from Geneva’s Pictet family
2 days ago
RHB maintains ‘buy’ call and $9.40 target price for ST Engineering
Kwan Wei Kevin Tan - RHB Bank Singapore analyst Shekhar Jaiswal has maintained his “buy” call and $9.40 target price for ST Engineering (STE). According to Jaiswal, ST Engineering continues to deliver “tangible wins” in areas such as smart mobility and urban solutions. Earlier, on Dec 2, STE’s wholly-owned sub ...
2 days ago
Uniqlo’s owner boosts new graduate pay as Japan faces inflation
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up...
2 days ago
Oil up on news the US intercepted an oil tanker off Venezuela
[SINGAPORE] Oil prices rose on Monday (Dec 22) after officials said the US had intercepted an oil tanker in international waters off...
2 days ago
Oil prices gain on US interception of Venezuelan oil tanker over weekend
OIL prices climbed in early trade on Monday after the US intercepted a Venezuelan oil tanker over the weekend.
2 days ago
Gold smashes past US$4,400, silver hits record as rate cut bets fuel rally
Bullion has surged nearly 68% this year, marking its biggest annual rise since 1979
2 days ago
Gold, silver hit record highs on Fed rate-cut bets
The precious metal, a traditional safe-haven asset, is up 67 % for the year
2 days ago
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
A lower US dollar index has also helped by making the precious metal less expensive for overseas buyers.
2 days ago
Malaysia’s Najib loses bid to serve jail sentence at home
The court decision complicates former Malaysian PM’s prospects of returning to public life and political relevance
2 days ago
China consumer shares hit record losing streak on weak demand
Different parts of the sector have had their unique challenges
2 days ago
Oil prices rise on risk of disruptions to Venezuela, Russia supply
NEW YORK, Dec 22 : Oil prices rose on Monday after the U.S. Coast Guard began pursuing an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and piers in Russia, raising the risk of oil supply disruptions.Brent crude futures gained $1.38, or 2.3 per c ...
2 days ago
Oil prices rise as US ramps up action against Venezuela tankers
LONDON, Dec 22 : Oil prices rose on Monday after the U.S. intercepted an oil tanker in international waters off the coast of Venezuela and tensions in Russia's war against Ukraine remained high, with both developments raising fears of supply disruption.Brent crude futures gained $1.11, or 1. ...
2 days ago
Oil rises as US ramps up action against Venezuela tankers
LONDON, Dec 22 : Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising fears of supply disruption.Brent crude futures gained 52 cents, or 0.86 per cent, to $60.99 a barrel by 0918 GMT. U.S. West Texas Inte ...
2 days ago
Oil prices gain on US interception of oil tanker off the coast of Venezuela over weekend
(Corrects headline and paragraph 1 to make clear the intercepted tanker was off the coast of Venezuela, not a Venezuelan oil tanker)By Sam Li and Lewis JacksonDec 22 : Oil prices climbed in early trade on Monday after the U.S. intercepted an oil tanker off the coast of Venezuela in international ...
2 days ago
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
Shikhar Gupta - After falling as much as 7.3%, the stock recovers to close S$0.02 lower
2 days ago
CNMC Goldmine shares fall 7.3% on extra tax, penalty in Malaysia
Shikhar Gupta - A Malaysian unit of CNMC Goldmine is facing additional income tax and a penalty worth RM29.6 million
2 days ago
China leaves benchmark lending rates unchanged for seventh month in a row in December
[SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.
2 days ago
Li Ka-shing is remaking his empire as a generational shift looms
The bulk of CK Asset’s projects are located in Hong Kong and mainland China
2 days ago
How UOB’s Wee Ee Cheong masters the long game
The bank aims to accelerate its business expansion in South-east Asia
2 days ago
World stocks mixed, yen friendless as bonds buckle
LONDON, Dec 22 : Wall Street looked to open higher while the yen floundered near all-time lows against the euro as higher interest rates piled pressure on Japanese government debt.S&P 500 futures added 0.4 per cent, with Nasdaq futures up 0.1 per cent while MSCI's broadest index of world ...
2 days ago
Asia shares extend tech rally, yen under pressure
SYDNEY, Dec 22 : Asian share markets rose on Monday tracking tech-driven gains on Wall Street, while the yen wallowed at all-time lows against the euro and Swiss franc as higher interest rates at home did nothing to deter speculative sellers. Turnover was sparse in what is a holiday-shortened ...