2 days ago
Japan’s Nikkei hits all-time high on Wall Street rally, snap election bets
[TOKYO] Japan’s Nikkei share average surged to a record high on Tuesday, as markets played catch-up with Wall Street’s recent two-day rally...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
BlackRock cuts hundreds of jobs, trimming about 1% of staff
Other financial firms have been seeking to cut jobs and control costs
2 days ago
SK Hynix to invest nearly US$13 billion in chip packaging plant in South Korea
[SEOUL] South Korea’s SK Hynix said on Tuesday it has decided to invest 19 trillion won (S$16.6 billion) to build an advanced...
2 days ago
Major US banks gear up for bond sales as Trump turns up pressure
The six banking giants are anticipated to have raked in US$157 billion in 2025
2 days ago
SK Hynix to invest nearly $13 billion in chip packaging plant in South Korea
SEOUL, Jan 13 : South Korea's SK Hynix said on Tuesday it has decided to invest 19 trillion won ($12.90 billion) to build an advanced chip packaging plant in South Korea to meet rising memory chip demand related to artificial intelligence. The chipmaker said in a statement that the construction ...
2 days ago
US Fed’s Williams says monetary policy well positioned amid a favourable outlook
He said that it’s critical for the Fed to get inflation back to its 2 per cent target
2 days ago
Bank of Korea to hold rates at 2.50% on January 15, next cut delayed to 2027: Reuters poll
BENGALURU, Jan 13 : South Korea’s central bank will keep its key interest rate unchanged at 2.50 per cent on Thursday, as the won's fall has limited room for easing, according to economists in a Reuters poll, who have pushed expectations for the next cut to early next year.The Korean won has ...
2 days ago
BHP is stuck on the sidelines of copper M&A frenzy it started
The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal
2 days ago
Japan's Nikkei hits all-time high as markets track Wall Street rally
TOKYO, Jan 13 : Japan's Nikkei share average surged to a record high on Tuesday, playing catch-up with Wall Street's recent two-day rally after a public holiday in the Asian nation.Investor sentiment was further lifted by a sharply weaker yen than when Tokyo last closed on Friday, as a sof ...
2 days ago
Tokyo stocks jump 3% at open on snap election speculation
TOKYO: Tokyo shares jumped more than 3 per cent on Tuesday (Jan 13) morning on speculation that Prime Minister Sanae Takaichi will call a snap election to capitalise on strong poll numbers.
2 days ago
Stocks to watch: Thomson Medical, Vin’s Holdings, Alpha Reit
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13):
2 days ago
Stocks to watch: Thomson Medical, Vin’s Holdings
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13):
2 days ago
DBS picks gold and defence stocks as winners of geopolitical instability
Lin Daoyi - The DBS CIO team expects gold and defence stocks to perform well in the current era of relatively higher geopolitical tensions. While DBS investment strategist Goh Jun Yong believes that the US attack on Venezuela will not affect energy prices, he thinks that this will cause a “chronically elevate ...
2 days ago
Trump says Microsoft to make changes to curb data center power costs for Americans
Jan 12 : U.S. President Donald Trump said on Monday that Microsoft will make "major changes" this week to ensure U.S. consumers do not pay more for electricity because of data centers' power consumption, and his administration was working with other technology companies on the issue o ...
2 days ago
Japan finance minister says US Treasury's Bessent shares concerns about weak yen
Jan 13 : Japan's Finance Minister Satsuki Katayama said she and U.S. Treasury Secretary Scott Bessent shared concerns over what she called the yen's recent "one-sided depreciation", as Tokyo stepped up threats of intervention to stem the currency's fall.Katayama's comme ...
2 days ago
Japan finance minister says US Treasury's Bessent shares concerns over weak yen
Jan 13 : Japan's Finance Minister Satsuki Katayama said she and U.S. Treasury Secretary Scott Bessent shared concerns over what she called the yen's recent "one-sided depreciation", after the Japanese currency hit one-year lows."I conveyed my deep concern over the one-sided ...
2 days ago
Silver’s one-year 180% bull run: What to know about investing in it versus gold
Chloe Lim - The use of digital silver accounts to manage silver investments has gained traction recently
2 days ago
Apple, Google strike Gemini deal for revamped Siri in major win for Alphabet
The iPhone maker has faced a series of setbacks on the AI front after being late to the race
2 days ago
Strong January lifts odds of another record year for STI, further upside ahead: OCBC
Shikhar Gupta - It is often a ‘good period’ for investors to reposition their portfolios
2 days ago
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
The Google parent is the fourth company to hit the US$4 trillion milestone after Nvidia, Microsoft and Apple
2 days ago
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand
2 days ago
US urges partners and allies to increase critical minerals supply chain resiliency
[WASHINGTON] US Treasury Secretary Scott Bessent held a meeting on Monday with ministers from different US partners and allies “to discuss solutions...
2 days ago
Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
Boeing will issue its own full-year data on Tuesday
2 days ago
Citi to cut about 1,000 jobs this week
The company also plans to report full-year results on Wednesday
2 days ago
Trump vows 25% tariff on goods from Iran ‘business’ partners
The country has experienced weeks of mass unrest
2 days ago
Fitch Ratings says Fed independence is key factor for US sovereign rating
[NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US...
2 days ago
Supertankers sailing to pick up Venezuelan oil for China make U-turns, ship data shows
[HOUSTON] Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes made U-turns and were headed back to...
2 days ago
Trump administration probe of Fed’s Powell sparks pushback
Former Fed chairs joined former government economic policy leaders from both political parties in raising the alarm
2 days ago
Powell probe stirs GOP concern, threat to stop Trump nominee
The US president has for months pressured the Federal Reserve to quickly and deeply cut interest rates
2 days ago
Oil prices settle at 7-week high on worries about Iran exports
[NEW YORK] Oil prices climbed and settled at seven-week highs on Monday on worries that Iran’s exports could decline as the sanctioned Opec...
2 days ago
Meta plans to cut 10% of jobs at company’s Reality Labs division
The division has roughly 15,000 employees
2 days ago
European shares end choppy session at record high
EUROPEAN shares ended Monday’s session at a record high, although gains were small as the US government’s threat to indict Federal Reserve...
2 days ago
US stocks: Wall Street indexes finish higher with tech, Walmart
[NEW YORK] The S&P 500 and Dow registered record closing highs on Monday, with shares of technology companies and retailer Walmart gaining...
2 days ago
Brazil's antitrust body opens investigation into WhatsApp business tool
SAO PAULO, Jan 12 : Brazilian antitrust body CADE said on Monday it had opened an investigation into the new terms of Meta's WhatsApp Business tool, adding it would also suspend the tool's new terms in Brazil while it evaluates the case.In a statement, CADE said that there are potential an ...