Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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24 hours ago
Wall Street drops on report trade deal may not be completed this year
Vivienne Tay - Wall Street edged lower on Wednesday, as hopes of a trade deal receded following an escalation in tensions between Washington and Beijing that also overshadowed upbeat forecasts from retailers Target and Lowe's.
24 hours ago
#MeToo drove rise in CEO firings in 2018: report
The number of corporate leaders fired for #MeToo-related misconduct rose in 2018 while the number of S&P 500 companies led by females fell 20per cent, according to a report from U.S. think-tank the Conference Board.
1 day ago
Tesla needs safeguards to prevent drivers from sleeping on 'Autopilot' - US senator
Vivienne Tay - Democratic U.S. Senator Ed Markey asked Tesla Inc on Wednesday to disable its "Autopilot" driver-assistance system until it installs new safeguards to prevent drivers from evading system limits that could let them fall asleep.
1 day ago
GM sues Fiat Chrysler, alleging bribery of union officials cost it billions of dollars
Vivienne Tay - General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages over GM.
1 day ago
Tesla needs safeguards to prevent drivers from sleeping on 'Autopilot': US senator
Vivienne Tay - Democratic U.S. Senator Ed Markey asked Tesla Inc on Wednesday to disable its "Autopilot" driver-assistance system until it installs new safeguards to prevent drivers from evading system limits that could let them fall asleep.
1 day ago
Wall Street extends fall after report trade deal may not be completed this year
Vivienne Tay - Wall Street edged lower on Wednesday, as hopes of a trade deal receded following an escalation in tensions between Washington and Beijing that also overshadowed upbeat forecasts from retailers Target and Lowe's.
1 day ago
European stock markets retreat on revived trade concerns
Vivienne Tay - LONDON: European stock markets slid lower on Wednesday (Nov 20) on revived concerns for a China-US trade deal after US lawmakers passed legislation to support Hong Kong civil rights, sparking anger in Beijing. On top of that, US President Donald Trump threatened higher tariffs on Chinese goods ...
1 day ago
India allows telecoms firms to defer spectrum payments
Vivienne Tay - India will allow mobile operators to defer payments due for airwave capacity bought via auction until the end of March 2022, finance minister Nirmala Sitharaman said late on Wednesday.
1 day ago
FCC chairman to propose dividing spectrum between auto safety, Wi-Fi use
Vivienne Tay - Federal Communications Commission chairman Ajit Pai will propose on Wednesday splitting a key band of spectrum that had been set aside for auto safety between Wi-Fi use and automakers, sources said.
1 day ago
GM sues FCA, alleging bribery, corruption of union bargaining process
Vivienne Tay - General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages over GM.
1 day ago
Trump says US is still talking to China on trade
Vivienne Tay - U.S. President Donald Trump said on Wednesday the United States is continuing to talk to China but gave no other details, as both sides tried to hammer out a phase one trade deal ahead of looming U.S. tariffs due next month.
1 day ago
Exclusive: ECB flags failings in dirty-money screening at Malta's top bank
Vivienne Tay - Malta's biggest bank failed for years to detect or address risks involving thousands of payments, the European Central Bank (ECB) said, detailing "severe shortcomings" that could have allowed money laundering or other criminal activities.
1 day ago
Economies in Asia Pacific forecast to shrink by over 2 per cent due to climate change: Study
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1 day ago
Singapore proposes to regulate bitcoin futures
SINGAPORE: Singapore's central bank plans to bring bitcoin and other similar cryptocurrency futures traded on approved exchanges under its regulation in response to interest from international institutional investors, it said on Wednesday (Nov 20). Market watchdogs worldwide have been debating ...
1 day ago
Target sets upbeat holiday sales tone with raised forecast, shares surge
Vivienne Tay - Target Corp signaled a strong start to the holiday season and raised its full-year earnings forecast on Wednesday, betting on its aggressive push into faster delivery and investments in store revamps, sending its shares up 13per cent.
1 day ago
Wall Street dips as mounting US-China tensions cast doubt on trade deal
Vivienne Tay - Wall Street edged lower on Wednesday, as hopes of a trade deal receded following an escalation in tensions between Washington and Beijing that also overshadowed upbeat forecasts from retailers Target and Lowe's.
1 day ago
Hong Kong resident Alex Yeung repatriated for holding illegal assembly in Singapore
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1 day ago
US begins issuing some licenses for companies to supply goods to Huawei
Vivienne Tay - The U.S. Commerce Department confirmed Wednesday it has begun issuing licenses for some U.S companies to supply non-sensitive goods to China’s Huawei Technologies Co Ltd .
1 day ago
PSA's small car platforms should be favored in FCA merger: executive
Small car platforms developed by France's Peugeot should be favored if plans to merge PSA and FiatChrysler go ahead, PSA executive Gaetano Thorel told Reuters on Wednesday.
1 day ago
Terrorism deaths fell in 2018 for fourth straight year, but more countries affected, think tank finds
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1 day ago
Prosus, Takeaway trade barbs in battle for Britain's Just Eat
Vivienne Tay - Technology company Prosus on Wednesday criticized rival suitor Takeaway.com's bid for British food delivery service Just Eat, saying it presents "significant risks" for shareholders.
1 day ago
CleanSG Day a good initiative, but ‘not enough to change habits’
razalia -
1 day ago
People Digest: Hamilton Lane makes top hires; CBRE appoints valuation head
Quynh Nguyen - Hamilton Lane has announced three key appointments while CBRE has appointed head of valuation & advisory services for Singapore. The post People Digest: Hamilton Lane makes top hires; CBRE appoints valuation head appeared first on DealStreetAsia.
1 day ago
GDS Global widens full-year net loss to S$1.76m
Natalie Choy - CATALIST-LISTED GDS Global widened its full-year net loss to S$1.76 million from S$630,000 a year ago, on declining revenue amid continuing weak conditions in the construction industry, said the firm in a filing on Wednesday. 
1 day ago
Aston Martin unveils first SUV, eyes luxury buyers in China
Vivienne Tay - British carmaker Aston Martin unveiled its first-ever sports utility vehicle (SUV) Wednesday at events in Beijing and Los Angeles, signalling it was banking on China's growing appetite for luxury to prop up sales.
1 day ago
Emirates jet swap opens door to Boeing 787 deal in Dubai
Vivienne Tay - Emirates agreed to buy its first Boeing 787 Dreamliners in a last-minute, US$9 billion deal at the Dubai Airshow on Wednesday while reducing its order for the U.S. planemaker's delayed 777X model.
1 day ago
Chinese airlines turn to Asia as long-haul losses pile up
Vivienne Tay - Chinese airlines are adding seats on short- and mid-range Asian flights in a strategic shift away from prestigious but loss-making North American routes to a market that promises better returns and growth.
1 day ago
Wall Street slips at open on escalating US-China tensions
Vivienne Tay - U.S. stock index futures fell on Wednesday as escalating political tensions between Washington and Beijing sparked fears that the two sides would fail to reach a trade agreement soon.
1 day ago
Young people today feel less financially secure than Merdeka Generation did in their youth: Survey
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1 day ago
Roughly US$400 million of Ripple tokens tied to illegal activity: Elliptic
Tay Peck Gek - About US$400 million of XRP tokens, the currency for the Ripple payment network, is tied to illegal transactions, according to findings released on Wednesday by London-based Elliptic, a provider of risk management systems for the cryptocurrency industry.
1 day ago
E-scooter maker Superpedestrian raises US$20 million, promises fewer breakdowns
Tay Peck Gek - Electric scooter company Superpedestrian on Wednesday said it had raised US$20 million for its diagnostic software that can spot impending hardware failure, a major problem for scooter operators.
1 day ago
Scooter maker Superpedestrian raises US$20 million, promises fewer breakdowns
Tay Peck Gek - Electric scooter company Superpedestrian on Wednesday said it had raised US$20 million for its diagnostic software that can spot impending hardware failure, a major problem for scooter operators.
1 day ago
China's Great Wall aims to sell 300,000 WEY vehicles a year by 2025: chairman
Tay Peck Gek - China's top sport-utility vehicle maker Great Wall Motor aims to sell 300,000 of its premium brand WEY vehicles a year by 2025, its chairman said on Wednesday.
1 day ago
US aviation regulator pledges rigorous certification for Boeing 777X
Tay Peck Gek - DUBAI: The U.S. aviation regulator will ensure certification of Boeing's 777X wide-body jet is conducted rigorously, the agency's head said on Wednesday while reaffirming that its review of the grounded 737 MAX will not be rushed. Problems with a number of aircraft models have led some airlines to . ...
1 day ago
High-tech Japan uses AI in song to welcome pope
Few aspects of life escape the touch of high tech in cutting-edge Japan, including an official song written to welcome Pope Francis when he visits Japan from Saturday.
1 day ago
Union threatens strikes unless Lufthansa makes concessions in wage dispute
Tay Peck Gek - Strikes at Lufthansa units Eurowings, Germanwings Cityline and Sunexpress remain possible despite arbitration talks at the German carrier, a spokesman for trade union UFO said on Wednesday.






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