1 day ago
Singapore shares rise after further US-Iran peace talks; STI closes 0.2% higher
Chloe Lim - Across the broader market, losers beat gainers 306 to 270, after 1.3 billion securities worth S$2 billion change hands
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
SpaceX turns to bond market to raise capital, reports $100.8 billion cash
June 22 : Elon Musk's SpaceX turned to the bond market for the first time, capitalizing on a post-IPO momentum that has vaulted its cash reserves past $100 billion as the rockets-to-AI group ramps up spending.Monday's notes offering comes mere days after SpaceX's IPO, signaling the co ...
1 day ago
SpaceX launches debt sale to raise capital, reports $100.8 billion in cash
June 22 : Elon Musk's SpaceX launched its first-ever notes offering on Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19, days after its blockbuster U.S. stock market IPO.The rockets-to-AI company debuted on the Nasdaq on June 12 after raising $85.7 billion ...
1 day ago
SpaceX launches notes offering, discloses $100.8 billion cash balance
June 22 : SpaceX said on Monday it launched an offering of senior unsecured notes and disclosed that it held about $100.8 billion in cash and cash equivalents as of June 19.Elon Musk's rockets-to-AI company debuted on the Nasdaq on June 12 after the record-setting $75 billion IPO, making it one ...
1 day ago
China’s gold imports surge to most in more than two years
China has implemented a new import licensing regime for gold from Jun 1
1 day ago
Alan Greenspan dies at 100; led Fed during boom before 2008 bust
Steve Matthews and Scott Lanman / Bloomberg - Alan Greenspan, the Federal Reserve chairman proclaimed a wizard for guiding a then-record US economic expansion, only to see his luster dimmed by the financial crisis that erupted less than two years after he stepped down, has died. He was 100. He died on Monday at his home, NBC News reported, citi ...
1 day ago
Alan Greenspan, economist and long-time head of the US Fed, dies at 100
Greenspan was seen as the maestro who kept the US economy humming
1 day ago
Alan Greenspan, economist and longtime head of the federal reserve, dies at 100
Greenspan was seen as the maestro who kept the US economy humming
1 day ago
Alan Greenspan, economist and longtime head of the federal reserve, dies at 100: NBC News
ALAN Greenspan, the influential economist who steered US monetary policy during his five terms as chairman of the Federal Reserve under four presidents,...
1 day ago
Oaktree-backed ITG targets $2.7 billion valuation in US IPO
June 22 : Digital infrastructure company ITG is targeting a valuation of up to $2.67 billion in its U.S. market debut, joining a string of issuers rushing to capitalize on AI-driven demand and benefit from a busy summer IPO window.The post-SpaceX IPO market has remained busy as companies rush to sei ...
1 day ago
Oaktree-backed digital infra firm ITG aims to raise $429 million in US IPO
June 22 : Digital infrastructure firm ITG said on Monday it was aiming to raise as much as $429.3 million in its U.S. initial public offering.The Hendersonville, Tennessee-based company is offering 19.5 million shares priced between $19 and $22 apiece.ITG was bought by investment firm Oaktree Capita ...
1 day ago
Geo Energy doesn’t expect material impact from Jakarta’s plans to centralise commodity exports
Ry-Anne Lim - It is confident its operations and engagement with the government will enable it to adapt to evolving regulations
1 day ago
Singapore Airlines plans debut 5-year dim sum bond
Proceeds will be used for aircraft purchases and related payments
1 day ago
This upstart launched 35 ETFs in a day - and doesn't plan to slow down
PROVIDENCE, RHODE ISLAND, June 22 : It took more than a decade for BlackRock, the world's largest issuer of exchange-traded funds, to launch its first 300 products.Corgi Investments, the venture-capital-based asset manager, plans to repeat that feat in less than a year, the company tells Reuter ...
1 day ago
Apex court dismisses almost all of the appeals by Envy’s ex-employees over S$38 million of clawbacks
Tay Peck Gek - Only fees calculated as a percentage of the amount invested by referred investors do not have to be returned, rule judges
1 day ago
Apex court dismisses almost all of the appeals by Envy’s ex-employees over S$39 million of clawbacks
Tay Peck Gek - Only fees calculated as a percentage of the amount invested by referred investors do not have to be returned, rule judges
1 day ago
Explainer-Three ways Trump could get a stake in AI firms for the US
WASHINGTON, June 22 : U.S. President Donald Trump said he is exploring options to give the public a stake in leading AI companies, in response to concerns that individual Americans will not share in the sector’s expected profits.Policymakers, companies and advocates have proposed several pathways ...
1 day ago
Chipmaking tool firm Nearfield Instruments raises $380 million at $1.6 billion valuation
SAN FRANCISCO, June 22 : Nearfield Instruments, a Netherlands-based firm whose machines help measure the features on advanced semiconductors, said on Monday it raised $380 million in new funding, bringing its valuation to $1.6 billion.Nearfield makes devices called atomic force microscopes, which ca ...
1 day ago
Shaw Towers Realty hits snag in bid to lower proposed tax valuation for Shaw Tower
Tay Peck Gek - Tribunal highlights the importance of finality, saying the company should not be allowed to ‘cherry-pick’
1 day ago
Britain’s pound, gilt prices hold lower after Starmer steps down
Starmer’s popularity has tumbled among voters over his handling of the economy
1 day ago
Keir Starmer announces his resignation as UK prime minister
Joe Mayes, Ellen Milligan and Chloe Chaplain / Bloomberg - Keir Starmer said he would step down as Britain’s prime minister, marking a precipitous fall from favour two years after leading the Labour Party back to power with a landslide majority. Starmer’s departure paves the way for Andy Burnham to attempt to take over as successor, after the long-time ...
1 day ago
UK PM Starmer says he will resign; new leader to be in place by September
Prime Minister Keir Starmersaid on Monday he would resign, with a new leader to be in place by the time parliament returns...
1 day ago
UK PM Starmer resigns; new leader to be in place by September
His replacement would be the 7th prime minister since the Brexit vote 10 years ago
1 day ago
Nikkei closes past new benchmark of 72,000 points
It hit an intraday record peak of 72,831.73
1 day ago
Tapping tech and AI key to bringing down costs: Fullerton Health CEO
Benjamin Cher - The integrated healthcare platform, which started using AI two years ago, is stepping up its use of it
2 days ago
Danone to tap protein demand in Asia by buying Australia’s Made
Demand for protein has soared, driven by users of weight-loss drugs seeking to prevent muscle loss
2 days ago
European shares muted as investors weigh US-Iran talks
Tech stocks led sectoral gains, rising 1.2 per cent
2 days ago
AirAsia X boosts flights, lowers fares as fuel price drops
Tan Ai Leng - However, the carrier says airport-related costs may make it difficult to keep air travel affordable
2 days ago
Philippines cuts 2026 growth forecast, citing graft scandal and energy crisis
MANILA, June 22 : Growth in the Philippines this year will be lower than previously forecast due to the energy crisis and the lingering effects of a corruption scandal that has slowed government spending, the economic planning secretary said on Monday.Growth is now seen coming in at 3.5 per cent to ...
2 days ago
Bank of England softens stablecoin rules in final policy draft
LONDON, June 22 : The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent sterling-backed market, though some in the industry said the changes fell short of enabling an internationally competitive sector. The BoE, which ...
2 days ago
Bank of England softens stablecoin rules in final framework
LONDON, June 22 : The Bank of England published its final policy and draft rules for stablecoins on Monday, easing some proposals set out for industry consultation last year. The BoE scrapped plans to cap individual holdings, opting instead to limit total issuance per stablecoin, initially set at £ ...
2 days ago
Australian shares end flat as WiseTech slump offsets gains in banks, gold
The tech sub-index fell 4.2 per cent for its steepest intraday decline since April 9
2 days ago
Global banks drive India asset-backed securities sales to record
Overseas lenders have made US$5.6 billion worth of purchases in the financial year ended March 2026
2 days ago
WEF’s ‘Summer Davos’ in Dalian to focus on unlocking economic growth through innovations
More than 1,700 leaders, including from government, business and academia, will attend the three-day event – the World Economic Forum's second largest annual gathering – from Tuesday (Jun 23).