2 days ago
OpenAI to partner with Tata for AI data centre buildout in India
One pillar of the agreement will be TCS’s development of a 100 megawatt data centre that may be expanded to one gigawatt
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Samsung shares rise to record after report on higher chip price
After initially falling behind smaller SK Hynix in the early days of the AI race, the company has been mounting a comeback
2 days ago
Microsoft says it does not think US ICE uses firm's tech for mass surveillance of civilians
WASHINGTON, Feb 18 : Microsoft said on Wednesday it did not think the U.S. Immigration and Customs Enforcement agency was using its technology for mass surveillance of civilians but added that it provided cloud-based productivity and collaboration tools to ICE.The statement from the technology compa ...
2 days ago
S&P says reviving investor confidence is key for Indonesia’s sovereign support
S&P noted authorities are addressing problems in the Indonesian stock market
2 days ago
Bill Gates cancels keynote address at India AI summit
Gates and Epstein met repeatedly after Epstein’s prison term
2 days ago
BBVA plans to start Japan brokerage in first for Spanish bank
The Bilbao-based lender has operated a commercial banking business in the country since 2005
2 days ago
Asian markets rally after Wall St tech-led gains
HONG KONG: Tech firms led gains across Asian equities on Thursday (Feb 19) following a positive lead from Wall Street, where traders also welcomed strong United States data that suggested the world's top economy remained in rude health.The advances came even as the figures tempered expectations ...
2 days ago
India AI summit stumbles as Bill Gates pulls out, chaos mounts
NEW DELHI: Bill Gates pulled out of India's AI Impact Summit hours before his scheduled keynote address on Thursday (Feb 19), dealing another blow to a flagship event already marred by organisational lapses, a robot row and delegate complaints over traffic disruptions.Gates' absence, follo ...
2 days ago
Bill Gates pulls out of India AI summit; anger mounts over organisational lapses
NEW DELHI: Bill Gates pulled out of India's AI Impact Summit hours before his scheduled keynote address on Thursday (Feb 19), dealing another blow to a flagship event already marred by organisational lapses, a robot row and complaints of traffic chaos.Gates' absence, followed by anot
2 days ago
India's Tata signs up OpenAI as customer for data centre business
NEW DELHI, Feb 19 : OpenAI will become the first customer of India's Tata Consultancy Services' data centre business, beginning with 100 megawatts of capacity, part of the global AI infrastructure initiative Stargate, the companies said.Stargate is a $500 billion multi-year initiative to b ...
2 days ago
Tata's data centre business signs up OpenAI as customer
NEW DELHI, Feb 19 : OpenAI will become the first customer of India's Tata Consultancy Services' data center business, beginning with 100 megawatts of capacity, the parent firm of ChatGPT said on Thursday.Separately, Tata Group is planning to deploy ChatGPT Enterprise across the company ove ...
2 days ago
Philippine equities start the year hot, but can it overcome scandal and slump?
Evan See - The undervalued benchmark index could rebound from a five-year low to hit 7,100 this year, says analyst
2 days ago
Philippine equities start the year hot, but can they overcome scandal and slump?
Evan See - The undervalued benchmark index could rebound from a five-year low to hit 7,100 this year, says analyst
2 days ago
New Zealand’s central bank done easing policy but risks are on both sides, top official says
[SYDNEY] New Zealand’s central bank is done cutting interest rates but there are risks on either side as policymakers gauge the strength...
2 days ago
Rex International guides for FY2025 net loss; subsidiary Lime Petroleum weighs merger, restructuring among other options
Felicia Tan - Rex International Holding says it expects to report a net loss for the FY2025 ended Dec 31, 2025. The losses mainly stem from “significant technical complications” from the drilling operations in Benin, which resulted in a “material increase” in drilling costs. The complications have also de ...
2 days ago
Indonesia, US firms sign US$38.4 billion in trade, investment deals
The deals also include two semiconductor joint venture agreements
2 days ago
Indonesia, US firms sign over US$7 billion in trade, investment deals
The South-east Asian country is the 11th largest market for all American farm goods
2 days ago
Gold and silver beat equities, unit trust funds as top entry point for new OCBC retail investors
Benicia Tan - While precious metals can play a stabilising role in portfolios, allocations should ‘stay measured’, says the bank
2 days ago
Gold and silver seen as first-time investors’ preferred asset class: OCBC
Felicia Tan - Gold and silver have emerged as first-time investors’ preferred asset class, overtaking equities and unit trust funds, according to observations by Oversea-Chinese Banking Corporation (OCBC). On Feb 19, the bank announced that two in three of its retail customers in 2025 chose the two precious met ...
2 days ago
Vietnamese airlines sign $30-billion deals for 90 Boeing jets
HANOI, Feb 19 : Three Vietnamese airlines signed deals with U.S. manufacturer Boeing on Thursday to buy a total of 90 aircraft, as Vietnam and the United States continue negotiations on a new trade deal. The deals were signed during a visit to the United States by the head of Vietnam's Communis ...
2 days ago
Vietnam airlines signs deal with Boeing for 50 737-8 jets
HANOI, Feb 19 : Vietnam Airlines has signed an agreement with Boeing to buy 50 narrow-body 737-8 jets, it said on Thursday. The country's flag carrier is also in talks with the U.S. aircraft manufacturer for the additional purchases of 30 wide-body planes with a value of up to $12 billion, it s ...
2 days ago
Gold edges down as dollar firms; inflation data in focus
Non-yielding bullion tends to do well in low-interest-rate environments
2 days ago
Oil prices dip as investors assess trajectory of US-Iran tensions
TOKYO, Feb 19 : Oil prices eased in early Asia trade on Thursday, following the previous day's 4 per cent jump, as investors assessed efforts by the U.S. and Iran to resolve tensions while both sides have stepped up military activity in the key oil-producing region.Brent futures fell 12 cents, ...
2 days ago
Oil prices near six-month highs on concern over potential US-Iran conflict
LONDON, Feb 19 : Oil prices rose on Thursday, driven by growing concerns about potential military conflict between the U.S. and Iran as both stepped up military activity in the oil-producing Middle East. Brent futures were up $1.13, or 1.6 per cent, to $71.48 a barrel at 1418 GMT, while U.S. West T ...
2 days ago
Oil prices extend gains on concerns of potential US-Iran conflict
TOKYO, Feb 19 : Oil prices rose in Asian trade on Thursday as the U.S. and Iran attempted to ease a standoff in talks over Tehran's nuclear programme while both sides heightened military activity in the key oil-producing region.Brent futures climbed 24 cents, or 0.3 per cent to $70.59 a barrel ...
2 days ago
Oil prices extend gains on concern over potential US-Iran conflict
LONDON, Feb 19 : Oil prices rose on Thursday, driven by increasing concerns over potential military conflict between the United States and Iran as both countries stepped up military activity in the oil-producing region. Brent futures were up $1.09, or 1.55 per cent, at $71.44 a barrel by 1247 GMT w ...
2 days ago
Vietnam's Sun PhuQuoc airways signs $22.5 billion deal for 40 Dreamliner jets
HANOI, Feb 19 : Vietnam's Sun PhuQuoc Airways has signed a $22.5 billion deal with Boeing to buy 40 787-9 Dreamliner jets, it said on Thursday. The new aircraft would allow the firm to operate intercontinental services, including flights between the U.S. and Vietnam, in the future, it said in a ...
2 days ago
CSE Global shares up 7% on positive Q4 order wins
Chloe Lim - The company also hit S$1 billion in new orders in FY2025 – a record high
2 days ago
CSE Global shares close 7% higher on positive Q4 order wins
Chloe Lim - The company also hit S$1 billion in new orders in FY2025 – a record high
2 days ago
Foreigners rebuff ‘Sell America’ and buy a net US$1.6 trillion in assets
Dollar depreciation last year might have even encouraged some overseas managers to load up on US securities
2 days ago
Vietjet in $965 million financing deal for purchase of 6 Boeing 737-8 aircraft
HANOI, Feb 19 : Vietnamese budget airline Vietjet has signed a $965 million financing deal with Griffin Global Asset Management for the purchase of 6 Boeing 737-8 aircraft, it said on Thursday.Vietjet said in a statement the agreement marked a significant step in its strategy to diversify its intern ...
2 days ago
Zico Holdings to report net profit for FY2025 thanks to gain on disposal from divestments
Felicia Tan - Zico Holdings says it expects to report a net profit for the FY2025 ended Dec 31, 2025, reversing from a net loss recorded in FY2024. The expected net profit is thanks to a gain on disposal from the completion of the company’s sale of entities and subsidiaries related to its corporate secretarial ...
2 days ago
Booking beats estimates on outlook, plans a 25-for-1 split
Gross bookings are expected to rise 15% at the midpoint
2 days ago
After 16,831% jump, Booking splits one of the priciest US stocks
The split will take effect on Apr 2