1 day ago
Xiaomi rides fan base to EV profitability faster than Tesla
China’s mature EV supply chain helps Xiaomi to reach scale without needing heavy capital
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Markets primed for possible further declines: Goldman president Waldron
The S&P 500 is down more than 3% this month, on course for its worst month since March
1 day ago
Japan's Norinchukin ekes out small profit, flags risks in private credit market
TOKYO :Japan's Norinchukin Bank, hit hard by mammoth losses last year, logged a small profit for a second straight quarter and said that it has begun increasing its investments in securities.But the bank, one of the world's largest investors in collateralised loan obligations (CLOs), also ...
1 day ago
SBF launches Singapore Enterprise Centre in Dubai, first in Middle East, to support companies’ expansion
Elysia Tan - The region has seen growing interest from Singapore businesses
1 day ago
South Korea antitrust regulator probes Arm Holdings' office in Seoul, source says
South Korea's antitrust regulator is investigating the Seoul offices of Arm Holdings as part of ongoing scrutiny of the company's licensing practices, a person familiar with the matter told Reuters on Wednesday. Bloomberg News reported earlier that South Korea's Fair Trade Commission ...
1 day ago
South Korea antitrust regulator probes Arm Holdings in Seoul, source says
South Korea's antitrust regulator is investigating the Seoul offices of Arm Holdings as part of ongoing scrutiny of the company's licensing practices, a person familiar with the matter told Reuters on Wednesday. Bloomberg News reported earlier that South Korea's Fair Trade Commission ...
1 day ago
South Korea antitrust regulator inspect Arm Holdings' office in Seoul, Bloomberg News reports
South Korea's antitrust regulator visited the Seoul offices of Arm Holdings this week as part of ongoing scrutiny of the company's licensing practices, Bloomberg News reported on Wednesday, citing people familiar with the matter.The visit follows a complaint from Qualcomm, which alleges th ...
1 day ago
South Korea readies incentives for long-term stock investment, FX stability
SEOUL :South Korea plans to unveil incentives for long-term stock investors, while making efforts to ensure foreign exchange stability, its finance minister said on Wednesday.Since taking office in June, the administration of President Lee Jae Myung has vowed various reforms to boost the domestic st ...
1 day ago
South Korea seeks incentives for long-term stock investment, FX stability
SEOUL :South Korea will prepare incentives for long-term stock investors, while making efforts toward foreign exchange stability, the finance minister said on Wednesday."We plan to introduce incentive measures for small investors, who stay in capital markets for a long time or invest in certain ...
1 day ago
Public debt situation may get 'much worse' in major advanced economies: Ravi Menon
Felicia Tan - The public debt situation is going to get “much worse” in major advanced economies, says Ravi Menon at the Bloomberg New Economy forum. “The question arises, who’s going to buy all these so-called risk-free assets? They’re not risk-free anymore,” he notes. “So public debt worries me a ...
1 day ago
Singapore's economic strategy review to look at 'bolder moves' to push up growth: Jeffrey Siow
The acting minister said the five committees under the review hope to put up a mid-term report around next year’s Budget and receive some funding support.
1 day ago
Hyundai’s US$26 billion investment plan in the US to continue despite immigration raid, says CEO
Janice Lim - Its workers were detained at a plant it had a stake in
1 day ago
Hyundai to continue investing in US after immigration raid, says CEO
Janice Lim - This is even after its workers were detained in an immigration raid at a plant it had a stake in
1 day ago
China expected to keep rates steady for sixth month as PBOC turns less dovish
The consensus comes after the central bank this month maintained its seven-day reverse repo rate, which now serves as a major policy...
1 day ago
Air India lobbies to use airspace over China’s Xinjiang as financial woes mount
The airline has been seeking to rebuild its reputation and international network after a London-bound Boeing 787 Dreamliner crashed in Gujarat in...
1 day ago
Alpina to delist on Dec 4 as court gives green light to joint privatisation by CEO, executive director and Savills Singapore
Therese Soh - The scheme consideration comprises a payment of S$0.31 per share in cash and S$0.06 per share in cash by way of a...
1 day ago
Alpina to delist on Dec 4 as court gives green light to joint offer by top execs, Savills Singapore
Therese Soh - The scheme consideration comprises a payment of S$0.31 per share in cash and S$0.06 per share in cash by way of a...
1 day ago
Alpina to delist on Dec 4 as court sanctions joint offer by top execs, Savills Singapore
Therese Soh - Scheme consideration comprises a payment of S$0.31 per share in cash and S$0.06 per share in cash by way of a special...
1 day ago
Brookfield seeks $10 billion for new AI infrastructure fund, WSJ reports
Brookfield Asset Management is targeting $10 billion in equity for its new AI infrastructure fund, launching a new strategy aimed at investing in infrastructure tied to artificial intelligence, the Wall Street Journal reported on Wednesday.The Canadian investment firm has already raised $5 billion f ...
1 day ago
SBS Transit to modernise its IT systems with Nutanix’s cloud platform
Nurdianah Md Nur - SBS Transit announced that it will be modernising its IT systems using Nutanix’s hybrid multicloud platform. By deploying the Nutanix Cloud Platform, the public transport operator aims to centralise data management, enhance scalability and improve service reliability across its network. By deployi ...
1 day ago
SBS Transit taps on Nutanix, Univers to modernise IT and cut energy use
Nurdianah Md Nur - SBS Transit has signed separate technology agreements with Nutanix and Univers as it moves to modernise its IT operations and improve energy efficiency. Under the memorandum of understanding with Nutanix, SBS Transit will deploy Nutanix Cloud Platform (NCP) to modernise its IT infrastructure with a ...
1 day ago
India's Fractal Analytics bets heavily on R&D in AI race ahead of IPO
(Refiles to add editing credit)By Komal SalechaIndian enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development spending ahead of its market debut for which a date has not yet been set, a top executive said.Fractal, which specialises in AI-driven
1 day ago
Faith-based tech platform Gloo raises $72.8 million in US IPO
Gloo Holdings said on Wednesday that it has raised $72.8 million in its U.S. initial public offering, setting the stage for a rare debut by a software provider for the faith-based ecosystem in a market dominated by AI and crypto firms.The Boulder, Colorado-based company sold 9.1 million shares price ...
1 day ago
Foreigners turn net sellers of Indonesian bonds on fiscal fears
Indonesia is now the only South-east Asian market seeing net foreign bond outflows this year
1 day ago
Weak US dollar lowers net returns on investments, says Temasek chief
Renald Yeo - Hedging costs have risen, but rotating out of US equities ‘not easy”, adds executive director and CEO Dilhan Pillay
1 day ago
Hedging costs ‘becoming too much’ as US dollar weakens, says Temasek chief
Renald Yeo - However, rotating out of US equities is ‘not easy’, adds executive director and CEO Dilhan Pillay
1 day ago
KKR opens Abu Dhabi office in deepening foray into Middle East
Other private equity firms have been expanding in the region too
1 day ago
‘Remote possibility’ that USD loses reserve currency status: GIC CEO
Jovi Ho - GIC CEO Lim Chow Kiat sees a “remote possibility” that the US dollar will lose its reserve currency status. “There are some challenges with regard to debt and fiscal position. Growth is very important; it does seem like a lot of things are riding on AI to get growth. There’s a lot of relianc ...
1 day ago
Economic Strategy Review aims to give mid-term update, ‘get some funding’ at Budget
Low Youjin - The review committees will consolidate ideas and put up final recommendations by mid-2026
1 day ago
Majority of affluent Singaporeans fear their wealth won’t last beyond next generation: poll
Tan Weizhen - About 75% also worry their heirs are not financially equipped to manage inherited assets
1 day ago
Google DeepMind to open new AI research lab in Singapore
[SINGAPORE] Google DeepMind said on Wednesday (Nov 19) it is opening a new artificial intelligence research lab in Singapore that will focus...
1 day ago
JPM launches USD onchain deposit token, which acts like a bank deposit
Goola Warden - At Singapore Fintech Festival (SFF) 2025, JP Morgan launched its JP Morgan Coin, a USD-denominated token (JPM Coin) for institutional clients to enable them to make “onchain native digital payments”, which serve as a digital representation of a bank deposit on a public blockchain. JP Morgan laun ...
1 day ago
HSBC CEO sees fragmented world with more strategic assets
Ambereen Choudhury & Adam Haigh / Bloomberg - (Nov 19): HSBC Holdings chief executive officer Georges Elhedery sees a fragmented world with more “national security assets” from data to semiconductors, but said that cross-border trade still presents the lender with massive opportunities. Despite all the looming challenges, there will still b ...
1 day ago
Google DeepMind sets up Singapore lab to strengthen Asia Pacific’s role as an AI builder
Nurdianah Md Nur - Google DeepMind has opened a new research lab in Singapore to help strengthen Asia Pacific’s role as a creator of artificial intelligence (AI) rather than merely a consumer of it. The new facility, which has begun hiring, will bring together research scientists, software engineers and AI impact sp ...