2 days ago
Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Asahi Group says personal details of 1.5 million customers may have been leaked in cyberattack
TOKYO :Japan's Asahi Group on Thursday said the personal details of 1.52 million customers may have been leaked in a September cyberattack.The beverage maker said the 29 September cyberattack forced it to suspend operations including order processing, shipping and call-centre functions.Asahi sa ...
2 days ago
Personal details of 1.5 million Asahi Group customers may have been leaked in cyberattack
TOKYO :A cyberattack in September may have caused the leak of the personal details of 1.52 million customers of Japan's Asahi Group, it said on Thursday. The beverage maker was hit by a cyberattack in late September that forced a widespread suspension of operations, including order processing, ...
2 days ago
Beer giant Asahi not engaging with ransomware hackers
TOKYO: Japanese beer giant Asahi said Thursday (Nov 27) it was not negotiating with the hackers behind a "sophisticated and cunning" ransomware attack that is about to enter its third month."Even if we had a ransom demand, we would not have paid it," CEO Atsushi Katsuki said.&quo ...
2 days ago
Japan beer giant Asahi delays earnings due to cyberattack
TOKYO: Japanese beer giant Asahi said Thursday (Nov 27) it has delayed the release of full-year financial results due to a major ongoing cyberattack that began in late September."While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone th ...
2 days ago
Bank of Japan's Noguchi advocates gradual interest rate hikes
TOKYO :Bank of Japan board member Asahi Noguchi said on Thursday the central bank must take a "measured, step-by-step approach" in raising interest rates.If the pace of rate hikes is too fast, it could hurt companies' wage-hike momentum and put the achievement of the central bank' ...
2 days ago
Gold steadies at near two-week high as investors weigh Fed rate-cut bets
US rate futures are pricing in an 85% chance of a rate cut in December, according to the CME’s FedWatch tool
2 days ago
China’s industrial profits rise 1.9% y/y in January to October
[BEIJING] Profits at China’s industrial firms increased 1.9 per cent in the first 10 months from the same period last year, official...
2 days ago
Average HDB household size shrinks further, with 1-person households rising to 1 in 6
Chong Xin Wei - While most seniors prefer not to sell and move, more singles living with their families plan to buy their own home
2 days ago
Oil edges down on expectations of ceasefire in Ukraine unlocking Russian supply
Oil prices inched down on Thursday on expectations of a Ukraine‑Russia ceasefire which could pave the way for the unwinding of Western sanctions against Russian supply, though trading was set to remain thin due to the U.S. Thanksgiving holiday.Brent crude futures shed 12 cents or 0.2 per cent to s ...
2 days ago
Oil falls on expectations of ceasefire in Ukraine unlocking Russian supply
Oil prices fell on Thursday on expectations of a Ukraine‑Russia ceasefire which could pave the way for the unwinding of Western sanctions against Russian supply, though trading was set to remain thin due to the U.S. Thanksgiving holiday.Brent crude futures shed 33 cents, or 0.5 per cent, to $62.8 ...
2 days ago
Oil prices drop on expectations of ceasefire in Ukraine unlocking Russian supply
TOKYO :Oil prices fell on Thursday on expectations of a Ukraine‑Russia ceasefire which could pave the way for the unwinding of Western sanctions against Russian supply, though trading was set to remain thin due to the U.S. Thanksgiving holiday.Brent crude futures shed 21 cents, or 0.3 per cent, to ...
2 days ago
Oil steadies as investors await peace talk direction
LONDON :Oil prices steadied on Thursday as market participants weighed talks to end the war in Ukraine against the impact of Western sanctions against Russian supply, though trading was set to remain thin due to the U.S. Thanksgiving holiday.Brent crude futures rose 9 cents or 0.1 per cent to stand ...
2 days ago
Oil steadies as investors await Russia-Ukraine peace talk direction
LONDON :Oil prices steadied on Thursday as market participants weighed talks to end the war in Ukraine against the impact of Western sanctions on Russian supply, though trading was set to remain thin due to the U.S. Thanksgiving holiday.Brent crude futures were 5 cents or 0.1 per cent up at $63.18 a ...
2 days ago
Oil gains in low volume as investors seek clarity on Russia-Ukraine talks
LONDON :Oil prices rose on Thursday as market participants weighed the likelihood that talks to end the war in Ukraine will yield an agreement, with trading volume thin due to the Thanksgiving holiday in the United States.Brent crude futures rose 21 cents, or 0.3 per cent, to $63.34 a barrel by 11:3 ...
2 days ago
MetaOptics finishes lower after a jump on proposed Nasdaq listing; up almost 300% since IPO
Tan Weizhen - It started trading in Singapore in September at S$0.20 a share
2 days ago
MetaOptics jumps as much as 5.5% on proposed Nasdaq listing; stock up almost 300% since IPO
Tan Weizhen - It started trading in Singapore in September with an IPO price of S$0.20
2 days ago
MetaOptics jumps as much as 5.5% on proposed Nasdaq listing; stock up almost 500% since IPO
Tan Weizhen - It started trading in Singapore in September with an IPO price of S$0.20
2 days ago
CEOs in Singapore have greater staying power than global peers: report
Shikhar Gupta - Outgoing chief executives of STI companies average about 8.8 years in the role versus 7.2 years globally
2 days ago
CEO tenure in Singapore exceeds global average in Q3: report
Shikhar Gupta - Outgoing chief executives of STI companies average about 8.8 years in the role versus 7.2 years globally
2 days ago
Netflix recovers following brief outage during 'Stranger Things' final season premiere
Streaming platform Netflix was down for about an hour for several users in the United States on Wednesday evening, coinciding with the release of the fifth and final season of its hit series "Stranger Things".There were less than 800 reports of the issue as of 8:45 p.m. ET, down from a pea ...
2 days ago
Netflix down for thousands of US users, Downdetector shows
Streaming platform Netflix is down for thousands of users in the United States on Wednesday, according to Downdetector.com.There were more than 14,290 reports of issues with the social media platform, as of 7:56 p.m. ET, according to Downdetector, which tracks outages by collating status reports fro ...
2 days ago
South Korea signals end to rate cuts as FX, price risks grow
SEOUL :South Korea's central bank kept interest rates unchanged for a fourth straight meeting on Thursday as a tumbling won reduced scope for further easing, signalling the bank could be nearing the end of its current rate cut cycle.The Bank of Korea's monetary policy board voted to keep t ...
2 days ago
South Korea keeps rates steady as FX risks limit easing scope
SEOUL :South Korea's central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government's steps to cool Seoul's property market play out.The Bank of Korea's monetary po ...
2 days ago
South Korea holds rates as expected
SEOUL :South Korea's central bank kept policy interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government's steps to cool Seoul's property market play out.The Bank of Korea's seve ...
2 days ago
Pentagon cited Alibaba on China military aid in Oct 7 letter
The list now includes more than 130 entities accused of working with the Chinese military
2 days ago
Stocks to watch: UOB, Lendlease Reit, IHH Healthcare, Cordlife
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 27):
2 days ago
Apple contests India’s antitrust penalty law with risk of US$38 billion fine, filing shows
[NEW DELHI] Apple is challenging India’s new antitrust penalty law under which the US company could potentially face a fine of up...
2 days ago
Taiwan raids former TSMC exec's home in trade secrets probe
TAIPEI :Taiwan prosecutors said on Thursday investigators had raided the homes of a former senior TSMC executive and seized computers after the company accused him of leaking trade secrets, something his current employer Intel has denied.TSMC , the world's largest contract chipmaker and major s ...
2 days ago
JPMorgan flips forecast, sees Fed cutting rates in December
The Federal Open Market Committee, led by chair Jerome Powell, meets in Washington on Dec 9 and Dec 10
2 days ago
Deadly storms, US$3 billion in losses test Vietnam’s climate defences
Storm damage alone has caused an estimated 85 trillion dong of economic losses this year so far
2 days ago
When bloodlines rule boardrooms: Asia’s answer to defying the third-generation wealth curse
Goh Ruoxue - It’s not about inheritance, but stewardship balanced with self-authorship, says UOB’s Angela Koh
2 days ago
New Zealand central bank says economic recovery picking up
[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank...
2 days ago
AliExpress bans Chinese sex doll seller after Reuters examination
National consumer protection bodies often classify such items as akin to images of sexual abuse under child protection laws