3 days ago
Chevron in talks with US government for expanded Venezuela license: sources
Washington also wants other US companies to be involved in oil exports from the country
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
Jefferies takes US$30 million hit on First Brands as profit drops
The bank owns a 6% interest in a fund called Point Bonita
3 days ago
Samsung forecasts profit to triple to record high as it rides AI boom
SEOUL, Jan 8 : Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips. The results highlight how chip price ...
3 days ago
Samsung expects Q4 operating profit to triple to record high on chip shortage
SEOUL, Jan 8 : Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips. The world's largest memor ...
3 days ago
JPMorgan to replace Goldman as Apple Card issuer
The deal is subject to regulatory approvals and is not expected to close for roughly two years
3 days ago
JPMorgan reaches deal to take over Apple credit card: report
The biggest US bank will become the new issuer of Apple Card
3 days ago
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
It will release results for the final quarter of the year on Jan 30
3 days ago
Oil falls after Trump reveals plan for Venezuelan oil
[NEW YORK] Oil prices fell on Wednesday as US President Donald Trump’s plan to refine and sell Venezuelan crude oil raised concerns about the long-term impact...
3 days ago
World’s worst bond market faces another big supply shock
A major driver in the increase in net supply is the central bank’s slowdown in buying
3 days ago
European stocks cool as traders assess Venezuela fallout, economic data
EUROPEAN stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest US-Venezuela developments and...
3 days ago
US stocks: S&P 500 ends lower; AI stocks lift Nasdaq
[NEW YORK] The S&P 500 ended lower on Wednesday, pulled down by declines in JPMorgan, Blackstone and other financials, while Nvidia and...
3 days ago
JPMorgan reaches deal to take over Apple credit card, WSJ reports
Jan 7 : JPMorgan Chase has reached a deal to take over Apple credit-card program from Goldman Sachs, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.The biggest U.S. bank will become the new issuer of Apple Card, one of the largest co-branded credit-card prog ...
3 days ago
China asks tech firms to halt orders for Nvidia's H200 chips: Report
Beijing has asked some companies to pause purchases of US-made AI chips while it considers rules to favour locally produced alternatives.
3 days ago
OpenAI launches ChatGPT Health to connect medical records, wellness apps
Jan 7 - OpenAI on Wednesday launched a ChatGPT Health tab that answers health-related questions and lets users upload medical records and connect wellness apps such as Apple Health and MyFitnessPal.WHY IT IS IMPORTANTThe move expands ChatGPT's capabilities by providing users a dedicated spac ...
3 days ago
Google, AI firm settle lawsuit over teen's suicide linked to Chatbot
Jan 7 : Alphabet’s Google and AI startup Character.AI have agreed to settle a lawsuit by a Florida mother who alleged the startup's chatbot led to the suicide of her 14-year-old son, representing one of the first U.S. cases targeting AI firms over alleged psychological harm.A court filing ...
3 days ago
Google, AI firm settle Florida mother's lawsuit over son's suicide
Jan 7 : Alphabet's Google and artificial-intelligence startup Character.AI have agreed to settle a lawsuit from a Florida woman who alleged a Character chatbot led to the suicide of her 14-year-old son, according to a Wednesday court filing.The filing said the companies agreed to se ...
3 days ago
Exclusive-Arm launches 'Physical AI' unit, joining rush to robotics by tech and automakers
Jan 7 : Chip technology company Arm Holdings has reorganized the company to create a Physical AI unit to expand its presence in the robotics market, company executives told Reuters at CES, where robots are a theme of the year.The decision to create a unit that specializes in robotics arrives amid a ...
3 days ago
Exclusive-Arm launches 'Physical AI' division to expand in robotics market
Jan 7 : Chip technology company Arm Holdings has reorganized the company and formed a Physical AI unit to expand its presence in the robotics market, company executives told Reuters at CES.The decision to create a unit that specializes in robotics arrives amid a flurry of announcements and activi ...
3 days ago
Anthropic plans to raise $10 billion at $350 billion valuation, WSJ reports
Jan 7 : AI startup Anthropic is planning to raise $10 billion at a valuation of $350 billion, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
3 days ago
Dow Jones signs deal with Polymarket to add prediction data across outlets
Jan 7 : News Corp's Dow Jones said on Wednesday it had signed an exclusive deal with Polymarket to bring real-time prediction market data to its outlets including The Wall Street Journal, Barron's and MarketWatch. As part of the deal, Dow Jones will launch consumer-facing features using ...
3 days ago
Fossils found in Moroccan cave may be a close Homo sapiens ancestor
WASHINGTON, Jan 7 : Fossilized bones and teeth dating to 773,000 years ago unearthed in a Moroccan cave are providing a deeper understanding of the emergence of Homo sapiens in Africa, representing the remains of archaic humans who may have been close ancestors of our species.Researchers said the ...
3 days ago
UK data watchdog contacts Musk's X over Grok AI images
LONDON, Jan 7 : Britain's data regulator, the Information Commissioner's Office, said on Wednesday it had asked Elon Musk's X to clarify how it was complying with data protection laws in light of concerns about the use of X's built-in AI bot Grok to produce images. " ...
3 days ago
UK watchdog contacts Musk's X over abusive imagery, US state attorney expresses concern
WASHINGTON/LONDON, Jan 7 : Britain's data regulator, the Information Commissioner's Office, said on Wednesday it had asked Elon Musk's X to clarify how it was complying with data protection laws following concerns that Grok, X's built-in artificial intelligence chatbot, was fl ...
3 days ago
Chinese AI server leader xFusion hires investment bank in first step towards listing
The Chinese authorities have fast-tracked IPOs in the AI and chipmaking sectors due to US’ curbs on high-tech exports
3 days ago
Chinese refiners expected to replace Venezuelan oil with Iranian crude
Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels
3 days ago
ASML says social media hacking claims are untrue
AMSTERDAM, Jan 7 : Dutch computer chip equipment supplier ASML said on Wednesday that claims posted on social media that the company had been hacked were untrue. "ASML is aware of a post published on BreachForums on January 6, 2026, which alleges the exposure of company informati ...
3 days ago
Alleged scam kingpin Chen Zhi sought by US is arrested, sent to China
[PHNOM PENH] Chen Zhi, the alleged kingpin of an international scam syndicate who faces charges in the US, has been arrested in...
3 days ago
Alleged scam kingpin Chen Zhi sought by US arrested, sent to China
Chen is among three Chinese nationals arrested in Cambodia and extradited to China
3 days ago
Alleged scam kingpin Chen Zhi arrested in Cambodia, sent to China
Chen is among three Chinese nationals arrested in Cambodia and extradited to China
3 days ago
Semafor hits $330 million valuation in latest fundraise to fuel global expansion
Jan 7 : Semafor said on Wednesday it has closed a $30 million financing round, valuing the digital media startup at $330 million post-money, after its first profitable year.Semafor's latest funding round saw participation from existing investors, along with new backers including PSP, Belgian ...
3 days ago
JPMorgan replaces proxy advisers with AI for voting US shares
The internal AI platform, dubbed Proxy IQ, will now be used to manage votes and analyse data
3 days ago
Wall St opens muted after AI-driven rally; labour data in focus
[NEW YORK] Wall Street’s main indexes opened muted on Wednesday (Jan 7), as investors took a breather after an AI-driven rally in...
3 days ago
Aletheia Capital downgrades ThaiBev to ‘sell’ amid weak Thai consumer demand and tighter alcohol regulations
Felicia Tan - Aletheia Capital analyst Nirgunan Tiruchelvam has downgraded Thai Beverage (ThaiBev) to “sell” from “buy” amid a weak domestic demand backdrop in Thailand and tighter alcohol restrictions. “ThaiBev’s core spirits business is exposed to Thailand’s weak domestic demand backdrop. Househol ...
3 days ago
Frasers Centrepoint Trust enters $400 mil green term loan and revolving credit facility
Nicole Lim - Frasers Centrepoint Trust (FCT) has entered into a $400 million green term loan and revolving credit facility. There are specified conditions in relation to the green loan facility agreement which makes reference to the shareholding interest and places restrictions on a change of control of the comp ...