3 days ago
MVNOs face consolidation threat in 2026, say analysts
Young Zhan Heng - With the Simba-M1 merger, mobile virtual network operators could lose bargaining power and thus may have to tie up or exit
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
AI startup Flex raises $60 million to offer finance tools for mid-sized businesses
Dec 4 : Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial needs of mid-sized business owners, said on Thursday it has raised $60 million in a Portage Ventures-led funding round.The Series B round valued the firm at around $500 million, according to a person f ...
3 days ago
Nomura, citing ‘elevated’ valuations, stays ‘neutral’ on Singapore
Lin Daoyi - With Singapore trading at multiples which are higher than historical valuations, Nomura’s APAC equity strategist Chetan Seth is staying “neutral” on Singapore equities for the next year. “Singapore will never be there [at these levels].” he says, “Most likely you will find a country like ...
3 days ago
Alphabet’s TPU AI chips are a potential US$900 billion ‘secret sauce’
The success of TPU chips is a primary reason for the company’s 31% fourth-quarter share rally
3 days ago
EU considering interim measures against Meta, EU antitrust chief says
BRUSSELS, Dec 4 : EU regulators are considering whether to impose interim measures against Meta over its rollout of artificial intelligence features in its messaging service WhatsApp, EU antitrust chief Teresa Ribera said on Thursday.Ribera, who had earlier opened an investigation into the U.S. tech ...
3 days ago
Vietnam's Masan Consumer to list on the main stock market before year-end
HANOI, Dec 3 : Masan Consumer, the food and beverage arm of Vietnam’s Masan Group, said on Thursday it will complete its listing on the Ho Chi Minh Stock Exchange (HoSE) this month to improve access to funding.The $8.8 billion company is currently traded on Vietnam's Unlisted Public Company M ...
3 days ago
Eau de AI: Amazon gives techies a whiff of software-driven perfume
LAS VEGAS, Dec 4 : Amazon.com on Wednesday touted new capabilities for its SageMaker AI service that it says will help customers expedite customizing their artificial intelligence software models.For Peter Nikoloff, a different type of sage-making took precedence. He was sure to be first in line Wed ...
3 days ago
Trump’s U-turn on fuel economy rules lifts European carmakers' shares
The Trump administration cast the change as helping automakers sell petrol-powered cars more easily
3 days ago
British athletes offered AI shield against online abuse
LONDON, Dec 4 : Top British athletes will soon have a new weapon in the fight against online abuse after UK Sport signed a 300,000 pound ($400,170.00) deal to provide AI-based protection across social media.The government-funded body, which supports Olympic and Paralympic sports, has partnered with ...
3 days ago
Elegant Group entity buys The Clementi Mall for S$809 million
Kalpana Rashiwala - The price works out to about S$4,100 psf on net lettable area; the net yield is 4.1%
3 days ago
CapitaLand Ascott Trust, Sheng Siong Group to replace Olam Group, Yangzijiang Financial on STI reserve list
Elysia Tan - There will be no changes to the constituents of the STI following the December 2025 review
3 days ago
EU launches antitrust probe into Meta over use of AI in WhatsApp
[BRUSSELS] Brussels has opened a new antitrust investigation into Meta Platforms over its rollout of artificial intelligence features in WhatsApp, the European...
3 days ago
Daily Debrief: What Happened Today (Dec 4)
Stories you might have missed
3 days ago
Real-world consequences of social media addiction
Michael Helfman - Social media has become a political weapon. The Cambridge Analytica scandal exposed how personal Facebook data was weaponised to manipulate voters during the Brexit referendum and the 2016 US election. These weren’t isolated incidents; they were symptoms of a larger problem: a system that allows m ...
3 days ago
DayOne Data Centers seeks US$2 billion in upsized funding deal: sources
The data centre operator may reach a valuation of about US$10 billion after the potential fundraising
3 days ago
ProShares withdraws some highly leveraged ETF plans after SEC review halt
Dec 4 : ETF provider ProShares has withdrawn its registration request for some highly leveraged exchange-traded funds after receiving a warning letter from the U.S. securities regulator that flagged risk exposures and paused the review of such plans. Such letters were sent on Tuesday to nine ETF pro ...
3 days ago
Amazon in discussions with USPS about future relationship
WASHINGTON, Dec 4 : Amazon.com said Thursday the e-commerce giant is in discussions with the U.S. Postal Service about its future relationship and considering its options before its current contract expires next year. The Washington Post reported Thursday new Postmaster General David Steiner plans t ...
3 days ago
Amazon plans to cut ties with USPS as it builds its own network, WaPo reports
Dec 4 : Amazon.com is planning to end its long-standing tie-up with the U.S. Postal Service as the ecommerce giant prepares to expand its nationwide delivery network, the Washington Post reported on Thursday, citing three people with knowledge of the matter. The online retailer has long been USPS� ...
3 days ago
Amazon explores cutting ties with USPS, Washington Post reports
Dec 4 : Amazon is preparing to expand its nationwide delivery network and give up its long-standing partnership with the U.S. Postal Service, the Washington Post reported on Thursday, citing three people with knowledge of the matter.Amazon has long-been the postal service's top customer, provid ...
3 days ago
Meta's WhatsApp AI policy in EU antitrust crosshairs
BRUSSELS, Dec 4 : EU antitrust regulators opened on Thursday an investigation into Meta Platforms' new policy regarding AI providers' access to its messaging service WhatsApp, saying this may prevent rivals from offering their services in Europe.The European Commission said the policy, whi ...
3 days ago
CapitaLand Ascott Trust and Sheng Siong Group enter STI reserve list in Dec quarterly review
Nicole Lim - CapitaLand Ascott Trust and Sheng Siong Group have replaced Olam Group and Yangzijiang Financial Holding on the Straits Times Index (STI) “reserve” list, following the December quarterly review. However, there will be no changes to the constituents of the STI. The STI “reserve” list is now m ...
4 days ago
HSBC’s long-term vision questioned after Nelson appointment
Nelson’s elevation comes as a surprise after HSBC’s yearlong hunt for external candidates
4 days ago
STI slips 0.4% amid fears of US economy slowdown
Tay Peck Gek - Across the broader market, decliners edge out gainers 259 to 256 after nearly 1.6 billion securities worth S$1.3 billion change hands
4 days ago
Economist who warned of GFC in 2005 urges caution around private credit
Jovi Ho - In the years since the Global Financial Crisis (GFC), large banks have “backed off” from direct lending, opting to lend indirectly via private credit instead. There, regulations are “more favourable”, and new forms of private credit even allocate risks better, assigning people the “appropr ...
4 days ago
Palantir teams with Nvidia, CenterPoint Energy for software to speed up AI data center construction
SAN FRANCISCO, Dec 4 : Palantir Technologies, Nvidia and U.S. utility CenterPoint Energy on Thursday said they are developing a new software platform to accelerate the building of new artificial intelligence data centers.The new software system will be called Chain Reaction. It will seek to help fir ...
4 days ago
Meta set to face EU antitrust investigation into AI use in Whatsapp -source
BRUSSELS, Dec 4 : U.S. tech giant Meta is set to face a European Union antitrust investigation into use of artificial intelligence in its chat platform Whatsapp, a source told Reuters.The investigation could come on Thursday, the source said.
4 days ago
Cambricon aims to triple chip output to replace Nvidia in China
The company is preparing to deliver half a million artificial intelligence accelerators in 2026
4 days ago
BT launches sovereign data platform for business and public sector
LONDON, Dec 4 : Britain's BT launched a sovereign data platform for its public-sector and business customers on Thursday to store and process their data in the country, responding to increasing demand for higher levels of resilience.Data sovereignty is a growing issue for companies and governme ...
4 days ago
Russia blocks Apple's FaceTime in mounting push against foreign tech platforms
Dec 4 : Russia has blocked Apple's video-calling app FaceTime, the state communications watchdog said on Thursday, as part of an accelerating clampdown on foreign tech platforms that authorities allege are being used for criminal activity.The move follows restrictions against Google's YouT ...
4 days ago
Russia imposes restrictions on Apple's FaceTime app, agencies say
MOSCOW, Dec 4 : Russia has introduced restrictions against Apple's video-calling app FaceTime, widely used in the country after the government restricted WhatsApp and Telegram call services, Russian news agencies reported on Thursday.
4 days ago
Exxon to permanently shut one steam cracker in Singapore from March: Sources
SINGAPORE: ExxonMobil plans to wind down operations at the older of its two steam crackers on Singapore's Jurong Island from March, four sources familiar with the matter said, part of a global petrochemicals sector trend to reduce capacity amid industry losses.The shutdown of the plant, which o ...
4 days ago
Wealth of Singapore billionaires soar 66% to third-highest in Apac at US$258.8 billion
Tan Nai Lun - Apac billionaires include the Zhang brothers behind Mixue; Tron blockchain’s Justin Sun
4 days ago
Wealth of Singapore billionaires third-highest in Apac at US$258.8 billion: UBS report
Tan Nai Lun - Apac billionaires include the Zhang brothers behind Mixue; Tron blockchain’s Justin Sun
4 days ago
Wealth of Singapore billionaires third highest in Apac at US$258.8 billion: report
Tan Nai Lun - Apac billionaires include the Zhang brothers behind Mixue; Tron blockchain’s Justin Sun