1 day ago
Pop Mart’s 40% stock rout shows growing worry over Labubu crash
Concerns remain whether Labubu is a durable long-term character or a fashion trend
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
From yen to US, Australian dollar: Youtrip, Revolut report spike in currency buying this year
Deon Loke - YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business
1 day ago
From yen to US, Australian dollar: Youtrip, Revolut experience spike in currency buying this year
Deon Loke - YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business
1 day ago
From yen to ringgit: Trade tensions, weak dollar drove Singapore’s currency buying in 2025
Deon Loke - YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business
1 day ago
From yen to ringgit: How trade tensions, weak dollar drove Singapore’s currency buying this year
Deon Loke - YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business
1 day ago
From yen rushes to tariff tantrums: How geopolitical drama drove Singapore’s 2025 FX frenzy
Deon Loke - YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business
1 day ago
Binance weighs US strategy as billionaire Zhao regains clout
Binance has positioned Yi He’s promotion, who is Zhao’s partner, as a sign of stability
1 day ago
Micron forecasts blowout earnings on booming AI market, shares rise 5.7%
It is seeing strong demand from data centres
1 day ago
Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold
2 days ago
Trading Day: Tech slumps, oil spikes
2 days ago
Already at 3-year lows, will Singapore's home loan rates keep falling in 2026?
With fixed-rate housing loans now roughly half what they were in January, mortgage experts weigh in on what home owners can expect in the year ahead.
2 days ago
Commentary: China has moved ‘Gorpcore’ firmly into the mainstream
The health and wellness boom is a rare bright spot in a struggling retail sector, says Juliana Liu for Bloomberg Opinion.
2 days ago
Oil rises as Trump’s Venezuela blockade takes edge off global crude surplus concerns
[NEW YORK] Oil prices rallied by more than 1 per cent on Wednesday after US President Donald Trump ordered a blockade of all oil tankers...
2 days ago
European equities muted as tech valuation concerns linger; UK markets outperform
EUROPEAN shares were little changed on Wednesday with losses in technology stocks offsetting strong performance from basic resources amid lingering concerns over sky-high,...
2 days ago
US stocks closes lower as AI funding jitters drag tech stocks
WALL Street’s main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging...
2 days ago
Exclusive-Goldman hires Qatalyst co-founder Cayne for software banking push, sources say
Dec 17 - Goldman Sachs Group has hired Brian Cayne, a co-founder of boutique tech investment bank Qatalyst Partners, as a global co-head of its software investment banking group, according to people familiar with the matter. Cayne is expected to start at the Wall Street giant in January, the people ...
2 days ago
Micron forecasts blowout earnings on booming AI market, shares rise 7%
Dec 17 : Micron Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, as prices soar for memory chips amid tight supplies and booming demand from artificial intelligence data centers.Shares of the Boise, Idaho-based company were up 7 per ...
2 days ago
Micron forecasts blowout earnings on booming AI market, shares rise 7.8%
Dec 17 : Micron Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, buoyed by soaring prices for memory chips spurred by tight supplies and booming demand from artificial intelligence data centers. Shares of the Boise, Idaho-based ...
2 days ago
Chipmaker Micron forecasts quarterly revenue above estimates
Dec 17 : Micron Technology forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on soaring demand and strong pricing for its high-bandwidth memory chips used in artificial intelligence hardware. Shares of the Boise, Idaho-based company rose 4 per cent in extended tra ...
2 days ago
Amazon shakes up AI team as veteran Prasad leaves, DeSantis promoted
Dec 17 : Amazon is shaking up its artificial intelligence team with one long-time veteran heading for the exit and another taking over a more expansive group that includes AI models, custom silicon and quantum computing. The move comes just two weeks after the Amazon Web Services annual cloud compu ...
2 days ago
Amazon taps veteran Peter DeSantis to lead AI, chip and quantum push
Dec 17 : Amazon on Wednesday tapped long-time cloud executive Peter DeSantis to lead a new unit that would oversee its most advanced technologies, including artificial intelligence models, custom silicon and quantum computing.DeSantis, who has been with the company for nearly three decades, has led ...
2 days ago
Stock indexes fall on AI angst while gold and silver rise with oil
NEW YORK/LONDON, Dec 17 : MSCI's global equities gauge fell on Wednesday, pressured by U.S. technology stocks, while silver prices hit a record high and gold rose for a seventh straight day on renewed hopes for Federal Reserve rate cuts and after U.S. President Donald Trump's latest move i ...
2 days ago
Stock indexes fall while gold and silver rise with oil
NEW YORK/LONDON, Dec 17 : MSCI's global equities gauge fell with pressure from U.S. technology stocks while silver prices hit a record high and gold was angling for its seventh gain in a row on renewed hopes for Federal Reserve rate cuts and after U.S. President Donald Trump's latest move ...
2 days ago
Oracle data centre plan hit as Blue Owl walks from US$10 billion deal: source
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations
2 days ago
Exclusive-Google works to erode Nvidia's software advantage with Meta's help
Dec 17 : Alphabet's Google is working on a new initiative to make its artificial intelligence chips better at running PyTorch, the world’s most widely used AI software framework, in a move aimed at weakening Nvidia's longstanding dominance of the AI computing market, according to people ...
2 days ago
Netflix to add soccer video game based on FIFA World Cup next year
Dec 17 : Netflix on Wednesday said it will add a soccer simulation title to its gaming portfolio, as the streaming giant looks to leverage the FIFA World Cup 2026 tournament to deepen its video game push. The soccer title will be developed and published by Delphi Interactive, which is also helping c ...
2 days ago
Brazil to get satellite internet from Chinese rival to Starlink in 2026
BRASILIA, Dec 17 : Chinese low Earth orbit satellite company SpaceSail will start providing internet access to remote areas in Brazil in the first half of 2026, President Luiz Inacio Lula da Silva's chief of staff, Rui Costa, said on Wednesday.SpaceSail and Brazil's state-owned telecom Tel ...
2 days ago
SICCI calls for foreign worker quota review for sectors with ‘chronic’ manpower crunch in Budget 2026 wish list
Sharon See - The Singapore Indian Chamber of Commerce and Industry makes six key recommendations in its proposal ahead of Budget 2026
2 days ago
Wall Street subdued at open as investors eye policy outlook; Oracle slides
[NEW YORK] Wall Street’s main indexes were subdued at the open on Wednesday (Dec 17) as investors searched for fresh clues to...
2 days ago
MetaOptics raises gross proceeds of $4.85 mil from share placement exercise
Nicole Lim - MetaOptics has raised gross proceeds of $4.85 mil following the allotment and issuance of 6.68 million shares. Following completion of the proposed placement, the total issued and paid-up share capital of MetaOptics has increased from 235,963,232 shares to 242,648,260 shares. The placement shares ar ...
2 days ago
Coupang founder faces legal action for skipping South Korean hearing on data breach
Coupang Inc CEO and chairman Bom Kim cited his overseas residence and commitments as head of a global company operating in more than 170 countries.
2 days ago
King Wan Corporation enters subscription agreement with three subscribers for 70 mil new shares at 5 cents per share
Nicole Lim - King Wan Corporation has entered into a subscription agreement with three subscribers for 70,000,000 new ordinary shares in the capital of the company at 5 cents per share. The company is set to raise $3,500,000 from the placement share exercise. The issue price of 5 cents per placement share repres ...
2 days ago
Acrophyte Hospitality Trust disposing of Hyatt Place Memphis Primacy Parkway for US$7.75 mil
Nicole Lim - Acrophyte Hospitality Trust (ACRO-HT) is disposing of its property Hyatt Place Memphis Primacy Parkway (HPMPP) for a consideration of US$7.75 mil. The trust, through its indirect wholly-owned subsidiary, ARA USH Chicago entered into a conditional purchase and sale agreement with Shivam Patel, purcha ...
2 days ago
US gaming platform Roblox pledges changes to get Russian ban lifted
LONDON, Dec 17 : U.S. gaming platform Roblox is willing to make changes to some of its features in Russia, it said on Wednesday, as it seeks to overturn a ban imposed on it earlier this month. Communications watchdog Roskomnadzor announced the ban on December 3 on grounds of child safety, sparkin ...