1 day ago
Nvidia didn’t save the market. What’s next for the AI trade?
An index of chip-related stocks is down 11% in November and on pace for its worst month since 2022
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
UPS, FedEx scramble to shore up networks drained by deadly crash
The grounding has drained capacity and complicated operations for the world’s largest package delivery companies just as shipping volumes surge for the...
1 day ago
Tourist numbers lower than pre-COVID years, but visitors are spending more in Singapore – just not on shopping
They are shelling out more on dining, sightseeing, entertainment and gaming, and spending less on accommodation and shopping compared with before the pandemic.
1 day ago
Vietnam’s US$40 billion metro boom in Ho Chi Minh City
Jamille Tran - The race is on to build HCMC’s metro network, which is set to reshape the country’s largest city
2 days ago
Address concerns over AI’s impact on jobs and livelihoods, and help workers adjust: PM Lawrence Wong
[JOHANNESBURG] Amid all the innovation brought about by artificial intelligence (AI), a key challenge for governments everywhere is to address concerns about...
2 days ago
BRC Asia H2 profit falls 5% to S$52.2 million
Jessie Lim - Revenue up 16% at S$837.4 million, driven by stronger project offtake
2 days ago
BRC Asia's 2HFY2025 earnings dip 5% y-o-y to $52.2 mil
The Edge Singapore - BRC Asia has reported revenue of $837.4 million for its 2HFY2025, up 16% y-o-y. However, earnings in the same period was down 5% y-o-y to $52.2 million with lower net margins. For the full year ended Sept 30, the steel supplier reported earnings of $94.3 million, up 1% y-o-y. Revenue in the same per ...
2 days ago
Wingtech urges Nexperia to respond on control dispute as it appeals Dutch decision over ownership
The Dutch suspend their Nexperia intervention but but do not revoke the original Sep 30 ruling
2 days ago
BHP makes renewed takeover approach to Anglo American: sources
The commodities giant has made overtures to Anglo American in recent days
2 days ago
‘My uncle Robert Kuok would expel me’ if true: Kuok Koon Hong rejecting conviction of Wilmar’s China unit
Jessie Lim - Calling the finding ‘inconceivable’, Kuok Khoon Hong says if he had done such a thing, his uncle would have expelled him from...
2 days ago
‘My uncle Robert Kuok would expel me’ if true: Kuok Khoon Hong, rejecting conviction of Wilmar’s China unit
Jessie Lim - Shocked by the judgment, Kuok Khoon Hong says if he had done such a thing, his uncle would expel him from the family
2 days ago
Investors eye holiday season turbulence amid AI and rate cut doubts
A crucial uncertainty set to dog markets in coming days is whether the Fed will cut rates at its Dec 9 to...
2 days ago
Analysis:Investors eye holiday season turbulence amid AI and rate cut doubts
NEW YORK :Stock market investors are preparing for a turbulent year-end sparked by uncertainty over near-term Federal Reserve interest rate cuts and mounting worries that artificial intelligence companies, which have propelled the market to new records this year, are overvalued.The market continued ...
2 days ago
A butterfly landing on Orchard: PLP Architecture blends sustainability with design
Jessie Lim - Its concept for Park Nova condo is based on a ‘very simple set of logical principles’, says co-founder of London-based firm
2 days ago
South Africa judges G20 summit a triumph of multilateralism despite US no-show
The declaration highlights climate urgency, backs renewable goals and flags heavy debt burdens on poorer nations
2 days ago
Beyond hospitality: Far East Orchard leans on student accommodation for recurring income
Low Youjin - It aims to expand the segment and build up fund management capabilities
2 days ago
Beyond property development: Far East Orchard leans on student accommodation for recurring income
Low Youjin - It aims to expand the segment and build up fund management capabilities
2 days ago
Authorities draw links to car leasing companies in Singapore as US money laundering probe widens
Police raid SRS Auto’s premises and arrest sole proprietor Tan Yew Kiat
2 days ago
World-beating stock rally creates new headaches in South Korean market
Up 61% so far in 2025, Kospi is on track to post their strongest gains in a quarter century
2 days ago
JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor’s hack: report
SitusAMC sys the affected data included corporate information tied to some clients’ dealings with the company
2 days ago
Making SGX small and mid-caps great again: MAS-appointed fund managers lead the charge
Ranamita Chakraborty - Many of 240 such stocks neglected despite robust fundamentals; nine funds named so far under S$5b scheme to energise local equity could...
2 days ago
Making SGX small and mid-caps great again: MAS-appointed funds can lead the charge
Ranamita Chakraborty - Many of 240 such stocks neglected despite robust fundamentals; nine funds named so far under S$5b scheme to energise local equity could...
2 days ago
Making SGX small and mid-caps great again: MAS-appointed fund managers could lead charge
Ranamita Chakraborty - Many of 240 such stocks neglected despite robust fundamentals; nine funds named so far under S$5b scheme to energise local equity could...
2 days ago
Fund managers expect EQDP to boost valuations and liquidity for small- and mid-caps
Ranamita Chakraborty - Managers research and invest in the segment while cultivating relationships with the companies and targeting niche growth areas
2 days ago
Singapore’s equity market push could spark re-rating for small and mid-caps: fund managers
Ranamita Chakraborty - Many companies in this segment historically have depressed valuations despite having attractive fundamentals
2 days ago
More than 6 in 10 retail investors in Singapore hold crypto, but allocation size conservative: survey
Young Zhan Heng - 44% view crypto as an asset; almost one-third deem it a speculative tool
2 days ago
Meta buried ‘causal’ evidence of social media harm, US court filings allege
The company allegedly ignored valid research findings on mental health impacts
2 days ago
Johor to implement RM3 hotel tax for overnight visitors from 2026
The move also strengthens checks on unlicensed hotels, B&Bs and ensures operators meet safety rules
2 days ago
Investing? Look beyond the S&P 500, says The Library of Mistakes’ founder
Benicia Tan - BT exclusive: The concept dedicated to the study of financial history comes to Singapore in 2027
2 days ago
JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor's hack, NYT reports
Client data for JPMorgan Chase, Citi, Morgan Stanley and other major banks may have been accessed in a hack of a technology vendor, the New York Times reported on Saturday, citing people familiar with the matter. SitusAMC said in a statement on its website on Saturday that it had been the subject o ...
2 days ago
Major banks, including JPMorgan and Citi, warned of data exposure after hack, NYT reports
SitusAMC, a technology vendor for real estate lenders said on Saturday that it had been the subject of a cyberattack on November 12, the New York Times reported on Saturday. JPMorgan Chase, Citi and Morgan Stanley are among those that have been notified by SitusAMC that their client data may have be ...
2 days ago
Positive momentum for office S-Reits as vacancy rates ease and rents climb
CICT, Suntec Reit and Keppel Reit among those that have benefited
2 days ago
Tourism and real estate stocks dominate filed transactions
[SINGAPORE] Over the five trading sessions from Nov 14 to 20, institutions were net sellers of Singapore stocks, with net institutional outflow...
2 days ago
Institutions net sellers of Singapore stocks, reversing previous week’s net inflow
[SINGAPORE] Over the five trading sessions from Nov 14 to 20, institutions were net sellers of Singapore stocks, with net institutional outflow...