2 days ago
Mapletree Investments, MPACT appoint SP Group to build district cooling system at HarbourFront
Chloe Lim - It will reduce operating costs and carbon emissions, while freeing up space for operational or commercial use
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Britain needs 'AI stress tests' for financial services, lawmakers say
LONDON, Jan 20 : Britain’s financial watchdogs are not doing enough to stop artificial intelligence from harming consumers or destabilising markets, a cross‑party group of lawmakers said on Tuesday, urging regulators to move away from what it called a “wait and see” approach.In a report on A ...
2 days ago
Macquarie names under-the-radar stock picks it says can deliver total returns of 24%
Deon Loke - Favourable factors include stock market reforms, lower rates and a strengthening Singapore dollar
2 days ago
South Korea kicks off AI Squid Game in bid to compete with US, China
The state-backed survival contest aims to find the best indigenous artificial intelligence models
2 days ago
1 Hotel debuts in Asia with Tokyo launch
Samantha Chiew - Starwood Hotel’s nature-inspired lifestyle brand 1 Hotel is making its Asian debut in Japan. Set to welcome guests in March, 1 Hotel Tokyo is located on floors 38 to 43 of the Akasaka Trust Tower — part of Mori Trust’s ambitious new Tokyo World Gate Akasaka development. 1 Hotel Tokyo will cont ...
2 days ago
RTS boom, JS-SEZ buzz: Are homes racing ahead of jobs – again?
Anita Gabriel - Are we planning housing primarily around Johor-based employment growth or around cross-border commuting demand?
2 days ago
CEO revenue confidence hits five-year low: PwC survey
There was a sharp divide between those already seeing benefits from AI adoption and those who did not
2 days ago
Commentary: Why India has a private investment problem
Despite blistering growth numbers, India's future feels uncertain with private investment being persistently low, says Mihir Sharma for Bloomberg Opinion.
2 days ago
Oil steadies as Iran supply fears ease and Greenland moves into spotlight
[CALGARY] Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a US attack that could disrupt supplies...
2 days ago
European stocks drop the most in two months on Trump tariff threat over Greenland
EUROPEAN shares logged their biggest daily drop in two months on Monday as investors were rattled by President Donald Trump’s threat of...
2 days ago
Malaysia's Khazanah to steer more capital to power grids, chip firms, chief says in Davos
DAVOS, Switzerland, Jan 19 : Malaysia's sovereign wealth fund Khazanah Nasional Bhd plans to channel more capital into strengthening the power system and supporting local semiconductor firms as AI drives the next investment cycle, its chief told Reuters on Monday.Surging AI computing needs were ...
2 days ago
OpenAI CFO says annualized revenue crosses $20 billion in 2025
Jan 19 : OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday the company's annualized revenue has surpassed $20 billion in 2025, up from $6 billion in 2024 with growth closely tracking an expansion in computing capacity.OpenAI's computing capacity rose to 1.9 gigawatts ...
2 days ago
Meta 'turning a blind eye' to illegal gambling ads, UK Gambling Commission says
LONDON, Jan 19 : Britain's Gambling Commission said on Monday that Meta Platforms, the owner of Facebook and Instagram, was turning a blind eye to illegal online casinos advertising on its sites, indicating it was happy to continue taking money from criminals. The independent regulator's ...
2 days ago
Italy uncovers basilica designed by Vitruvius, the 'father of architecture'
(Refiles to add dropped word "corner" in paragraph 9)ROME, Jan 19 : Italian officials on Monday hailed the discovery of a more than 2,000-year-old public building attributed to Vitruvius, the ancient Roman architect and engineer known as the "father of architecture.""It is a ...
2 days ago
Malaysia’s construction giant IJM rocked by probe into alleged RM2.5 billion money laundering
Tan Ai Leng - The probe comes at a sensitive time, days after conglomerate Sunway’s proposed takeover of IJM
2 days ago
Digital scans unveil new love notes and sketches on ancient Pompeii wall
POMPEII, Italy, Jan 19 : A love note, a gladiatorial combat scene, a barrage of insults and everyday confessions have emerged on a wall in Pompeii, thanks to new imaging technology that has revealed nearly 80 previously unseen inscriptions.The once-thriving city of Pompeii, near Naples, was buried i ...
2 days ago
Top IKEA retailer says price consistency key as shoppers seek stability
DAVOS, Switzerland, Jan 19 : Maintaining consistency and not over-reacting on pricing is key for retailers as customers seek stability, the CEO of the biggest global IKEA franchisee told Reuters on Monday. After hiking prices during the COVID-19 pandemic due to supply chain disruptions, the world� ...
2 days ago
Robert Kuok’s Allgreen Properties nears deal to buy Singapore office block at 78 Shenton Way: sources
Kalpana Rashiwala - The PGIM-managed fund that owns the property is seen exiting at a loss
2 days ago
78 Shenton Way could soon change hands; Allgreen tipped as prospective buyer
Kalpana Rashiwala - The PGIM-managed fund that owns the property is seen exiting at a loss
2 days ago
NYSE-parent Intercontinental Exchange develops platform for 24/7 tokenized securities trading
Jan 19 : Intercontinental Exchange said on Monday that it had developed a platform for trading and on-chain settlement of tokenized securities, in a move to capitalize on global demand for U.S. equities.NYSE’s new digital platform - for which it will seek regulatory approvals - will enable 24/7 op ...
2 days ago
Zurich Insurance offers US$10 billion to buy UK insurer Beazley
[LONDON] Swiss insurance company Zurich Insurance Group has raised its offer to buy rival speciality insurer Beazley to 1,280 pence (S$22.016) per...
2 days ago
Revolut seeks Peru banking license to expand Latin America footprint
Jan 19 : Britain's Revolut said on Monday it has applied for a full banking license in Peru, marking the global fintech firm's fifth market expansion in Latin America.The $75 billion company - pegged as Europe's most valuable financial technology company - has been rapidly growing int ...
2 days ago
Serial Achieva CEO Kenny Sim redesignated to vice chairman, Victoria Goh appointed as CEO
Nicole Lim - Serial Achieva has made new changes to its board with effect from Feb 1, including the redesignation of CEO Kenny Sim to vice chairman, and the appointment of Victoria Goh as CEO. Sim will remain as the executive director of the company, while Goh will be redesignated from non-executive director to ...
2 days ago
Gold, silver hit fresh highs as Trump’s Greenland tariffs rattle European markets
Renald Yeo - In contrast, the US dollar – another traditional safe-haven asset – weakens
2 days ago
Asia-Pacific growth remains resilient, but job creation is critical: International Finance Corporation
In an interview with CNA’s Elizabeth Neo, the International Finance Corporation's vice president for Asia and the Pacific Sarvesh Suri shares how investment-driven growth could unlock the potential of Asia’s demographic surge.
2 days ago
US dollar will strengthen, Asia growth to ease in 2026: Standard Chartered
Elysia Tan - It expects Singapore’s central bank to be the first to tighten policy in the region
2 days ago
HSBC on course for £300 billion valuation, top executive says
[LONDON] Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is...
2 days ago
Sim Lian Group’s top bid for Woodlands Drive 17 EC site breaks CDL’s record
Jovi Ho - Sim Lian Group’s top bid of about $794 psf per plot ratio (ppr) for the second Woodlands Drive 17 executive condominium (EC) site marks a new record land price for an EC site, besting the previous high of $782 psf ppr for the first Woodlands Drive 17 EC site, which was awarded in August 2025 to Ci ...
2 days ago
At least 39 dead in Spain after two high-speed trains collide
It left 122 people injured
2 days ago
IMF sees steady global growth in 2026 as AI boom offsets trade headwinds
It forecast global GDP growth at 3.3% in 2026, up 0.2 percentage point from its last estimate in October
2 days ago
UK PM Starmer: More action is needed to protect children on social media
LONDON, Jan 19 : British Prime Minister Keir Starmer said on Monday more needed to be done to protect children on social media following the worldwide scandal of Elon Musk's Grok AI chatbot producing non-consensual sexual images."We need to do more to protect children, and that's why ...
2 days ago
Envictus International’s indirect subsidiary to acquire factory and warehouse in Selangor for RM68 mil
Nicole Lim - An indirect wholly-owned subsidiary of Envictus International Holdings has proposed to acquire a factory and warehouse in Selangor, Malaysia, for RM68 million ($21.56 million). The factory and warehouse is currently owned by Star Media Group. The subsidiary, Pok Brothers, is a frozen food company th ...
2 days ago
Bank Indonesia to hold rates again as rupiah currency remains weak: Reuters poll
BENGALURU, Jan 19 : Bank Indonesia will keep its key interest rate unchanged again on Wednesday to limit further weakness in the rupiah while continuing to press commercial banks to pass on the benefits of earlier rate cuts to borrowers, a Reuters poll of economists showed.The central bank has pause ...
2 days ago
ISDN Holdings’ subsidiary secures $1 million contract for AI-powered building inspection for HDB buildings
Nicole Lim - A subsidiary of ISDN Holdings has secured contracts for its automated AI and drone powered solution for HDB buildings worth $1 million. The subsidiary, NovaPeak, uses its digital inspection and reporting platform LiveInspect.AI to analyse building defects to determine a range of wear, safety, compli ...