1 day ago
Fed survey suggests slight upgrade to US economy
Financial markets expect the Fed to leave interest rates unchanged at its January meeting
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Why the SGX-Nasdaq dual listing bridge suits Temasek and GIC portfolio companies
Benjamin Cher - The bridge allows firms to access both investor bases in parallel, cutting cost and complexity relative to separate listings
1 day ago
Go big or go home: What SGX and Nasdaq’s S$2 billion dual-listing threshold signals to the market
Benjamin Cher - Requirement ensures that potential issuers are big enough for institutional and analyst attention, and have sufficient liquidity, say observers
1 day ago
Discussing investment strategies in volatile times at BT-StanChart roundtable
Tan Nai Lun - The event will cover equities as well as gold and foreign exchange exposures
1 day ago
US will halt issuing immigrant visas for dozens of countries
The visa pause, which will begin on Jan 21, is expected to hit family-based immigration hardest
1 day ago
TSMC smashes forecasts with record profit, flags more US factories
Its results come as Taiwan signalled that a tariff deal with the US could come soon
1 day ago
TSMC Q4 profit leaps to record driven by AI boom
Net profit for October-December climbed to T$505.7 billion (S$20.6 billion), its seventh straight quarter of double-digit growth
1 day ago
TSMC smashes forecasts with record profit as it rides AI boom
Its results come as Taiwan signalled that a tariff deal with the US could come soon
1 day ago
SK Hynix speeds up new chip fab opening to meet memory demand, executive says
The global memory chip market is experiencing an unprecedented boom
1 day ago
Fed officials stress independence as rate hold signals mount
Most market participants do not see another cut until June
1 day ago
TSMC likely to post fourth-quarter profit leap driven by AI boom
TAIPEI, Jan 15 : TSMC, the world's largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter net profit to a record high on Thursday driven by ongoing strong demand for AI infrastructure.Taiwan Semiconductor Manufacturing Co, the wo ...
1 day ago
TSMC fourth-quarter profit leaps to record driven by AI boom
TAIPEI, Jan 15 : TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, on Thursday posted a 35 per cent jump in fourth-quarter profit to record levels that handily beat market forecasts on Thursday.Benefiting from surging demand for advanced chips used in artifici ...
1 day ago
Trump imposes 25% tariff on imports of some AI chips
US PRESIDENT Donald Trump on Wednesday imposed a 25 per cent tariff on certain AI chips, such as the Nvidia H200 AI...
1 day ago
Trump imposes 25% tariff on imports of some advanced computing chips
US PRESIDENT Donald Trump on Wednesday imposed a 25 per cent tariff on certain advanced computing chips, such as the Nvidia H200...
1 day ago
Exclusive-SK Hynix speeds up new chip fab opening to meet memory demand, executive says
SEOUL/SAN FRANCISCO, Jan 15 : SK Hynix plans to accelerate the opening of a new factory by three months and will also begin operating another new plant in February, a senior executive said, as surging memory demand pressures global supply.The South Korean chipmaker's decision comes as a global ...
1 day ago
Trading Day: Hard assets hit new highs
1 day ago
Oil prices settle higher, then reverse gains after Trump eases worries about Iran
[NEW YORK] Oil prices settled higher on Wednesday, then gave back most of the day’s gains after US President Donald Trump eased fears...
1 day ago
Europe’s Stoxx 600 ends at record high, lifted by healthcare, chemical stocks
EUROPEAN shares closed at a record high on Wednesday, buoyed by gains in chemicals and healthcare stocks, while investors also monitored the repercussions...
1 day ago
US stocks: Wall Street indexes end lower, led by drop in tech and bank shares
US STOCKS fell on Wednesday, led by a drop in the Nasdaq with technology shares declining as investors moved into more defensive areas,...
1 day ago
OpenAI to buy compute power from Cerebras in deal worth more than $10 billion, source says
Jan 14 : OpenAI said on Wednesday it has agreed to purchase up to 750 megawatts of computing power over three years from Cerebras as the ChatGPT maker looks to pull ahead in the AI race and capitalize on growing demand. The deal is worth more than $10 billion over the course of the contract, accordi ...
1 day ago
OpenAI signs $10 billion computing deal with Nvidia challenger Cerebras
Jan 14 : OpenAI will purchase up to 750 megawatts of computing power over three years from chipmaker Cerebras as the ChatGPT maker looks to pull ahead in the AI race and meet the growing demand, the two companies said on Wednesday.This deal is worth more than $10 billion over the life of the contrac ...
1 day ago
Oracle sued by bondholders over losses tied to AI buildout
NEW YORK, Jan 14 : Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison concealed its need to sell significant additional debt to build out its artificial intelligence infrastructure.The proposed class action was filed in a ...
1 day ago
Visa crypto chief bets on stablecoin settlement, sees volumes growing
PARIS, Jan 14 : Visa is working to integrate stablecoins into existing payment systems, seeing an opportunity to maintain its market leadership as these tokens gain traction, Visa's head of crypto, Cuy Sheffield, told Reuters.Stablecoins, cryptocurrencies typically pegged to the U.S. dollar, al ...
1 day ago
European telcos may get unlimited radio spectrum rights, EU document shows
BRUSSELS, Jan 14 : Europe's telecoms providers may be given the use of lucrative radio spectrum without a time limit under the European Commission's proposed revamp of telecoms rules aimed at boosting investment, according to a document seen by Reuters.The rule revamp known as the Digital ...
1 day ago
Interactive Brokers says betting on US midterm elections should juice growth of its platform
NEW YORK, Jan 14 : As Americans bet on U.S. midterm elections in November, Interactive Brokers founder and chairman Thomas Peterffy said he expects growth to accelerate this year for the prediction markets platform his company launched in 2024.The online brokerage platform's predictions market, ...
1 day ago
Verizon still working to resolve network issue snarling cellphone service for thousands
WASHINGTON, Jan 14 : Verizon Communications' network was down for tens of thousands of users in the U.S. on Wednesday, preventing people from making calls or texting from cell phones and prompting two major cities to advise residents to use other providers to make emergency calls.The U.S. wirel ...
1 day ago
Verizon's network down for tens of thousands of users in US, Downdetector shows
Jan 14 : Telecom operator Verizon Communications' network was down for tens of thousands of users in the U.S. on Wednesday, according to outage tracking website Downdetector.com.Verizon said it was aware of the issue and that its engineers are working to identify and solve it. "We understa ...
1 day ago
Verizon still working to resolve network issue snarling cellphone service
WASHINGTON, Jan 14 : Verizon Communications' U.S. wireless network remained down late Wednesday evening for many users in the U.S., prompting several major cities to advise residents to use other carriers to call emergency services. With the outage more than seven hours old, the carrier said it ...
1 day ago
Verizon making progress resolving network issue snarling cellphone service
WASHINGTON, Jan 14 : Verizon Communications said late on Wednesday it was making progress in restoring mobile phone service and plans to offer impacted consumers credits for an hours-long outage that disrupted calls, texting and internet usage for hundreds of thousands of customers."Today, we l ...
1 day ago
California to investigate xAI over deepfake content, officials say
WASHINGTON, Jan 14 : California officials said they were demanding answers from Elon Musk's xAI amid the spread of non-consensual sexual images on the platform that has prompted global scrutiny."We’re demanding immediate answers from xAI on their plan to stop the creation & spread of ...
1 day ago
EU will carefully assess X's promised changes to Grok, spokesperson says
MADRID, Jan 14 : The European Commission will carefully assess changes Elon Musk's platform X has said it would make to its Grok chatbot, a spokesperson said on Wednesday."We take note of the additional measures X is taking to ban Grok from generating sexualised images of women and chil ...
1 day ago
Scientists recover genome from woolly rhino eaten by Ice Age wolf
Jan 14 : About 14,400 years ago, a weeks-old wolf puppy ate its last meal - meat from a woolly rhinoceros - shortly before dying on the harsh Ice Age landscape of northeastern Siberia. In a first, researchers have extracted DNA and recovered the rhino's genome from a chunk of undigested meat fr ...
1 day ago
Brazilian fintech Agibank files for US IPO
Jan 14 : Agibank has filed for an initial public offering in the United States, a regulatory filing showed on Wednesday, making it the latest Brazilian fintech to move closer to a New York listing this year.The offering comes after a strong 2025 for fintech IPOs against the backdrop of renewed inves ...
1 day ago
Tech, banks weigh on Wall Street; Trump eases Iran oil fears
Jan 14 : Technology and bank stocks led Wall Street indexes into a second day of declines on Wednesday, while oil prices snapped back from the day's highs after U.S. President Donald Trump softened warnings about unrest in Iran, although persistent economic and geopolitical uncertainty continue ...