1 day ago
Wall Street opens higher on tariff relief
[NEW YORK] US stocks opened higher on Thursday (Jan 22), inching towards all-time highs, after President Donald Trump dialed back his threat...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
UK court gives go-ahead to challenge to large data centre
LONDON, Jan 22 : Britain's approval for a hyperscale data centre just outside London will come under scrutiny, after campaigners were on Thursday granted permission to bring a first of its kind legal challenge over the project.Plans for a 90MW data centre in Buckinghamshire were approved by the ...
2 days ago
Is there a place for insurance in your portfolio?
Felicia Tan - We talk to the experts to find out if it is wise having insurance in a financial portfolio and where it may do more harm than good. Insurance is often seen as a grudge purchase, something you pay for and hope never to use. In reality, insurance should be a key part of your financial portfolio. Altho ...
2 days ago
Apple asks Indian court to stop antitrust body from seeking its financials
The US tech giant argues that being forced to comply now will defeat its main legal challenge against India’s penalty rules
2 days ago
Lessons I learned from my insurance journey
Felicia Tan - I bought my first insurance policies in 2010, right after graduating. With low interest rates and zero investing knowledge, I chased high-yield plans, thinking they’d make my money work harder. Instead of asking family or friends for recommendations, I called an insurance company in Singapore to r ...
2 days ago
Stocks push higher as Trump walks back Greenland threats
LONDON, Jan 22 : World stocks nudged higher, the dollar was steady and gold softened on Thursday after U.S. President Donald Trump ruled out seizing Greenland by force and dropped tariff threats against eight European countries.Relief at Trump's change of tune pushed Europe's STOXX 600 ind ...
2 days ago
Singapore unveils new framework to rein in risks of autonomous AI agents
Young Zhan Heng - While agentic artificial intelligence may benefit the Republic’s digital economy, it also has its vulnerabilities
2 days ago
A former insurance agent’s perspective
Felicia Tan - Most consumers don’t realise how insurance agents are compensated, which can help explain why certain products are often promoted more aggressively. An agent’s income is wholly commission-based, says Luke (not his real name), a former insurance agent. However, newcomers can opt for a “financin ...
2 days ago
Design software maker Autodesk to lay off about 7% of global workforce
Jan 22 : Design software maker Autodesk said on Thursday it would lay off about 7 per cent of its workforce globally, or roughly 1,000 employees, with a major portion of the reductions occurring within its customer-facing sales functions.Shares of the company rose nearly 4 per cent in premarket trad ...
2 days ago
Autodesk cuts 7% of workforce to redirect investments to AI, cloud
Jan 22 : Design software maker Autodesk said on Thursday it would shed about 7 per cent of its global workforce, or roughly 1,000 jobs, as it aims to redirect spending to its cloud platform and artificial intelligence efforts.The company, which offers tools used in movies and games to create 3D anim ...
2 days ago
Insurance a ‘key asset class’ for HNWIs
Felicia Tan - The approach by high net worth individuals (HNWIs) to insurance is very different from that of retail clients. According to Harpreet Bindra, CEO of HSBC Life Singapore, HNW clients place particular emphasis on legacy and estate planning, which support business continuity and philanthropic objectives ...
2 days ago
Spotify launches AI-driven 'prompted playlist' for premium users in US, Canada
Jan 22 : Spotify on Thursday rolled out "prompted playlist", an artificial intelligence-powered feature in the United States and Canada that allows premium users tailor playlists using their listening habits and commands.After its successful run in New Zealand, the expansion is the latest ...
2 days ago
The Assembly Place's IPO is 5.2 times subscribed
The Edge Singapore - The Assembly Place's IPO, which is raising net proceeds of $10.8 million, is 5.2 times subscribed. The 2 million public tranche shares was 35.5 times subscribed while the placement tranche of 48.3 million shares is 3.9 times subscribed. The offer attracted institutional investors such as Avanda ...
2 days ago
Jumbo Group takes 20% stake in Xi’an restaurant joint venture
Renald Yeo - Its interest in the JV is worth 300,000 yuan
2 days ago
Suntec Reit DPU jumps 23.2% for H2 on stronger operational performance, lower financing costs
Renald Yeo - For the full year, the figure is 13.6% higher at S$0.07035
2 days ago
Suntec REIT reports FY2025 DPU of 7.035 cents, up 13.6% y-o-y
The Edge Singapore - Suntec REIT has reported DPU of 7.035 cents for its FY2025 ended Dec 31, up 13.6% y-o-y, on the back of a 14.6% jump in distributable income to $207.3 million. Gross revenue, meanwhile, was up 1.7% to $471.6 million. Besides stronger operational performance of its Singapore office, retail and conven ...
2 days ago
Mobileye forecasts annual revenue below estimates as tariffs weigh on automakers
Jan 22 : Mobileye Global forecast annual revenue below Wall Street expectations on Thursday, indicating uncertain demand for its assisted-driving chips as automakers navigate a challenging economic environment marked by high tariffs.Shares of the Israel-based company fell 6 per cent in premarket tra ...
2 days ago
The house always wins: Apac Realty enters a new era
Jovi Ho - Expecting property cooling measures is the new norm, says ERA Singapore CEO Marcus Chu, even as home prices settle into a ‘sustainable’ rate of increase Five years and several property cooling measures ago, ERA Singapore top executives Jack Chua and Marcus Chu discussed “revenge home ownership ...
2 days ago
BYD dominates new car sales in Singapore with over 20% market share
Derryn Wong - Toyota comes in second, while BMW, Mercedes-Benz and Toyota round out the top five brands
2 days ago
Keppel secures 25-year fibre pair deal on Bifrost Cable System with global telco
Deon Loke - The trans-Pacific system began carrying commercial traffic in December 2025
2 days ago
EVs make up record 45% of new car registrations in Singapore for 2025
Derryn Wong - Electric vehicles have overtaken petrol-electric hybrids as the most common type of new car in the Republic
2 days ago
EVs made up record 45% of new car registrations in Singapore for 2025
Derryn Wong - Electric vehicles have overtaken petrol-electric hybrids as the most common type of new car in the Republic
2 days ago
Adaptation financing to gain momentum in 2026: sustainability analysts
Janice Lim - This follows call from UN to treble such financing by 2035
2 days ago
Vietnam fines TikTok, Zalo operators over data consent practices
Jamille Tran - Two major social media apps have been hit with a combined S$82,600 fine for breaching user data collection rules
2 days ago
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
Deon Loke - The insurer currently holds a 51% interest while local partner Detik Ria owns the rest
2 days ago
BlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut
The deal values the company – a unit of Capital A Bhd – at US$500 million
2 days ago
S-Reits’ turn to shine in Q4 as lower interest rates fuel returns
Jude Chan - Analysts are particularly bullish on the office sector
2 days ago
Australia watchdog orders audit of Airwallex on suspected compliance miss
The former has concerns that the fintech’s transaction monitoring programme is not attuned to the full range of risks it faces
2 days ago
Dairy Farm Walk GLS site draws five bidders with ‘measured’ top bid of $962 psf ppr, 5.7% below Narra Residences site
Jovi Ho - The tender for the Government Land Sale (GLS) parcel at Dairy Farm Walk drew five bidders at its Jan 22 close, with the top bid submitted by a consortium comprising ABR Holdings, LWH Holdings, Macly Capital and RP Ventures at $427 million, or $962 psf per plot ratio (ppr), edging out the next highes ...
2 days ago
Oil slides as Trump tones down threats against Greenland and Iran
LONDON, Jan 22 : Oil prices fell on Thursday, reversing the previous sessions' gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down $1.25 cents, or 1.92 per cent, at $63.99 a barrel at ...
2 days ago
Oil slips as Trump tones down threats against Greenland and Iran
LONDON, Jan 22 : Oil prices slipped on Thursday, reversing the previous sessions' gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down 61 cents, or 0.9 per cent, at $64.63 a barrel at ...
2 days ago
Keppel enters 25-year deal with 'global telco' for Bifrost subsea cable system
The Edge Singapore - Keppel has signed a binding term sheet with an unnamed global telco for the "indefeasible right of use" of a fibre pair in its Bifrost Cable System for 25 years. Detailed terms of the IRU, including operations and maintenance services, are being finalised by the parties. They aim to sign t ...
2 days ago
Singapore stocks rise as Trump softens Greenland stance; STI up 0.4%
Tan Nai Lun - The iEdge Singapore Next 50 Index, meanwhile, is down 0.1% or 1.02 points at 1,483.97
2 days ago
Top bid for Dairy Farm condo site is 5.7% lower than that for nearby plot sold a year ago
Kalpana Rashiwala - The S$427 million or S$962 psf ppr offer is from a consortium comprising ABR, LWH, Macly Capital and Roxy Pacific