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

Singapore Stock Market News Singapore Business News Singapore Market Updates



1 day ago
India's competition regulator approves Sony-Zee merger with conditions - ET Now
NEW DELHI : India's competition regulator has approved a merger between the Indian unit of Japan's Sony and Zee Entertainment if certain conditions are met, television channel ET Now reported on Tuesday, citing sources familiar with the matter.Sony and Zee did not immediately respond to Re ...
1 day ago
Zee, Sony unit merger approved by India's competition regulator
NEW DELHI: India's competition regulator on Tuesday approved a merger between the Indian unit of Japan's Sony and Zee Entertainment Enterprises that will create a US$10-billion TV behemoth, but with certain conditions. The Competition Commission of India (CCI) did not elaborate on the cond ...
1 day ago
France's Atos to complete split by mid-2023 'at the earliest'
Atos' plan to split into two publicly listed companies will be completed by mid-2023 "at the earliest", the French IT consulting group said on Tuesday, contradicting an earlier report by French media BFM TV. In a written statement sent to Reuters, Atos said the split-up plan would bec ...
1 day ago
White House guidelines for AI aim to mitigate harm
The White House on Tuesday (Oct 4) proposed a non-binding Artificial Intelligence (AI) Bill of Rights that it said would help parents, patients and workers avert harm from the increasing use of automation in education, health care and employment. The Biden administration's proposal joins hundre ...
1 day ago
Thai food producer Betagro to raise $464 million in IPO
BANGKOK : Thai food company Betagro Pcl said in a stock exchange filing on Tuesday that it plans to raise at least 17.4 billion baht ($463.38 million) in an initial public offering (IPO) later this month.The IPO would be Thailand's second-largest offering this year, after Thai Life Insurance Pc ...
1 day ago
Indonesia to offer investment incentives for new capital
JAKARTA: Indonesia is preparing an incentives package to attract investment in its future US$32 billion capital city Nusantara, an official said on Tuesday (Oct 4), hoping to deliver on a key plank of President Joko Widodo's economic agenda. The megaproject entails moving the capital of Southea ...
1 day ago
Semiconductor shares jump after EU introduces single charging port
LONDON : Shares in European semiconductor manufacturers rose on Tuesday after the European Parliament approved rules to introduce a single charging port for mobile phones, tablets and cameras to be in use across the bloc by 2024.Shares in ASM International, Infineon, STMicroelectronics and BESI rose ...
1 day ago
Envision sees cost of electric cars at parity by 2025/26
LONDON : The cost of making electric cars will reach parity with internal combustion cars by around 2025/26, the head of Envision Racing forecast on Tuesday, a step expected to accelerate the industry's transition to cleaner, greener vehicles. Sylvain Filippi, managing director of Envision Raci ...
1 day ago
Cortina Holdings to buy 15 Scotts Road floor for S$49 million
Wong Pei Ting - CORTINA Holdings will buy over the fourth level of 15 Scotts Road, a freehold commercial building, from Singapore Institute of Management Group for S$49 million, the luxury watch retailer and distributor announced on Tuesday (Oct 4).
1 day ago
Court backs Twitter over complaint from conspiracy-plagued Dutch town
AMSTERDAM : A Dutch court on Tuesday rejected calls from the town of Bodegraven-Reeuwijk for Twitter to do more to tackle posts about unfounded allegations that a ring of Satan-worshipping paedophiles were active in the town in the 1980s.The District Court in The Hague concluded the social media gia ...
1 day ago
Global capital markets overprice risks and overreact to shocks: Tharman
Janice Lim - THE tendency of global capital markets to overprice risks in emerging economies, as well as to overreact to shocks, have not only prevented gaps in climate finance from being filled, but also widened them, said Senior Minister Tharman Shanmugaratnam.
1 day ago
Global capital markets overprice risks and over-react to shocks: Tharman
Janice Lim - THE tendency of global capital markets to overprice risks in emerging economies, as well as over-react to shocks, have not only prevented gaps in climate finance from being filled, but have also widened them, said Senior Minister Tharman Shanmugaratnam.
1 day ago
Gaining an investment foothold
Goola Warden - Cheng Hsing Yao, the soft-spoken CEO of GuocoLand, was somewhat hesitant when asked if the most recent cooling measures are likely to impact his business the morning after they were announced.“We are not dealing with the affordability issue. We are dealing with the affluent part of the population. ...
1 day ago
EU Parliament adopts rules for common charger for electronic devices
BRUSSELS : The European Parliament approved new rules on Tuesday that will introduce in the European Union a single charging port for mobile phones, tablets and cameras by 2024, in a world first.The vote confirms an earlier agreement among EU institutions and will make USB-C connectors used by Andro ...
1 day ago
EU lawmakers impose single charger for all smartphones
STRASBOURG: The European Union parliament on Tuesday (Oct 4) passed a new law requiring USB-C to be the single charger standard for all new smartphones, tablets and cameras from late 2024.
1 day ago
Japan Foods unit suspended from applying, renewing work passes on MOM investigation
Wong Pei Ting - JAPAN Foods Holding’s subsidiary, Japan Foods Enterprises (JFE), is suspended from applying for and renewing work passes as the Ministry of Manpower (MOM) has launched an investigation into its hiring and payroll practices involving foreigners.
1 day ago
Sri Lanka cenbank to hold rates as inflation worries persist
COLOMBO : Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.Nine out of 14 economists and analysts polled by Reuters said they expect rates to ...
1 day ago
Want fries with that? Robot makes French fries faster, better than humans do
PASADENA, Calif. : Fast-food French fries and onion rings are going high-tech, thanks to a company in Southern California.Miso Robotics Inc in Pasadena has started rolling out its Flippy 2 robot, which automates the process of deep frying potatoes, onions and other foods.A big robotic arm like thos
1 day ago
Robots are making French fries faster, better than humans
PASADENA, US: Fast-food French fries and onion rings are going high-tech, thanks to a company in Southern California. Miso Robotics Inc in Pasadena has started rolling out its Flippy 2 robot, which automates the process of deep frying potatoes, onions and other foods. A big robotic arm like those
1 day ago
Singapore stocks up on Wall Street, regional markets rally
Tay Peck Gek - ASIAN equities, including Singapore’s, were cued by Wall Street’s overnight relief rally, and ended higher on Tuesday (Oct 4).
1 day ago
Singapore stocks up with Wall Street, regional markets rally
Tay Peck Gek - ASIAN equities, including Singapore’s, were cued by Wall Street’s overnight relief rally, and wrapped up trading higher on Tuesday (Oct 4).
1 day ago
Cortina Holdings plans to buy the fourth floor of 15 Scotts Road
Goola Warden - Cortina Holdings announced on Oct 4, it has been granted the option to buy the entire fourth level of15 Scotts Road. The size is 1,276 sq m, and the cost is $49 million. The vendor is Singapore Institute of Management."Currently, our Group’s offices in Singapore operate from leased premises, some ...
1 day ago
Singapura Finance launches Mobile and Internet Banking.
Goola Warden - Singapura Finance (SFL) launched its internet banking platform and mobile app: SFL iBIZ for corporate and SFL Go for consumer on Oct 4. Developed jointly with Tagit, the Mobeix Retail Banking Product provides a suite of 100+ out-of-box features/functions to its customers across both Mobile and Inter ...
1 day ago
Property investment sales plunge in Q3 amid waning business sentiment: Knight Frank
Ry-Anne Lim - TOTAL property investment sales in Singapore dropped 48.9 per cent in the third quarter to S$4.8 billion, according to a Tuesday (Oct 4) report by real estate consultancy Knight Frank.
1 day ago
Japan Foods unit suspended from applying for new work passes and renewing existing work passes
Goola Warden - Japan Foods Holding announced on Oct 4 that the Ministry of Manpower (MOM) is investigating a subsidiary of the group, Japan Foods Enterprises (JFE) under the Employment of Foreign Manpower Act 1990 of Singapore. The company says the investigation relates to certain past hiring and payroll practices ...
1 day ago
Pakistan can't afford flood recovery, seeks help - minister
ISLAMABAD :Pakistan cannot afford to spend more on recovering from devastating floods blamed on climate change, its climate change minister said on Tuesday, as she called for faster international help at the launch of a new U.N. appeal for aid.The United Nations revised up its humanitarian appeal fo ...
1 day ago
Pakistan says no space to give economy any stimulus
ISLAMABAD : Pakistan does not have "space to give our economy any stimulus," its climate change minister Sherry Rehman said on Thursday at a Geneva meeting.Nearly 1,700 people have been killed in floods caused by heavy monsoon rains and melting glaciers in a crisis that the government and ...
1 day ago
Conjuring profits out of thin air can make capital disappear
Chris Bryant - WHAT’S a profit? A recent ill-tempered television appearance by the co-founder of home-flipper Opendoor Technologies, Keith Rabois, showed just how far we have drifted from a common understanding of earnings.
2 days ago
South-east Asia must boost financing for climate adaptation
Kenneth Lim - A groundswell of interest in creating a “just transition” to a net zero carbon future for South-east Asia offers an opportunity for policymakers, businesses and investors to direct resources toward neglected adaptation solutions for the region.
2 days ago
Putin escalates, Europe hesitates
Simon Johnson - VLADIMIR Putin’s illegal annexation of four regions of Ukraine, which he claims are now to be regarded as part of Russia, represents a major escalation of the war he launched in February. The parallels with Hitler’s expansion strategy are growing stronger by the day. In the face of advancing Uk ...
2 days ago
Malaysia confirms budget announcement on schedule, amid election speculation
KUALA LUMPUR: Malaysia will present its 2023 budget on Friday (Oct 7) as previously scheduled, a finance ministry spokesperson said on Tuesday, amid speculation that parliament could be dissolved before the budget to make way for an early general election. An election is not due until September 2023 ...
2 days ago
Russian court fines Amazon's Twitch $68,000 over refusal to delete content
MOSCOW : A Russian court on Tuesday fined streaming service Twitch 4 million roubles ($68,000) for failing to remove an interview with a Ukrainian political figure, the Interfax news agency reported.Russian authorities said the interview violated Russian laws on the spreading of fake information.Tw
2 days ago
Russian court fines Amazon's Twitch US$68,000 over refusal to delete content
MOSCOW: A Russian court on Tuesday (Oct 4) fined streaming service Twitch 4 million roubles (US$68,000) for failing to remove an interview with a Ukrainian political figure, the Interfax news agency reported. Russian authorities said the interview violated Russian laws on the spreading of fake infor ...
2 days ago
ESG ratings: seeing the value in divergent views
Dhananjay Phadnis - WHEN it comes to choosing a university or buying a car, comparative ratings can help us make better decisions. But what happens when rankings diverge – or worse, contradict one another? Should they be disregarded, or can they still deliver valuable information?
2 days ago
Local firms’ payment performance worsens slightly in Q3: SCCB
Vivienne Tay - THE payment performance of local firms deteriorated slightly in the third quarter of 2022, said the Singapore Commercial Credit Bureau (SCCB) on Tuesday (Oct 4).
2 days ago
Sixt agrees to purchase around 100,000 e-vehicles from China's BYD
BERLIN : Sixt has committed to buying around 100,000 electric vehicles from China's BYD in the coming years under a new partnership agreement signed by the two companies, the German car rental company said on Tuesday.Under the first stage of the agreement, Sixt is to order several thousand all- ...






Advertisement