1 day ago
Gold hovers near record high on renewed trade tensions, US rate outlook
Investors expect a 25-basis-point rate cut at the upcoming Fed meeting this month, with a similar reduction anticipated in December
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Gold hits record high on Fed rate-cut bets, US-China trade woes
Investors are pricing in a near-certain chance of a 25-basis-point Fed rate cut in both October and December
1 day ago
EU considers forced tech transfers for Chinese investments
Enforcing joint ventures is another option on the table
1 day ago
Stronger, tougher, cleaner: A*Star and local companies find new solutions in advanced manufacturing
Derryn Wong - Three new joint labs will develop new capabilities for high-value sectors such as aerospace and semiconductors
1 day ago
Apple to build upcoming HomePod with screen, tabletop robot in Vietnam
The tech giant already produces some iPads, AirPods, Apple Watches, Macs and older HomePods in the country
1 day ago
China, EU stand firm on shipping emission deal despite US threats
CHINA, the European Union and several other members of the International Maritime Organization reaffirmed their support on Tuesday for ambitious plans to...
1 day ago
Stocks to watch: Seatrium, Centurion, Stoneweg Europe Stapled Trust, Ever Glory United
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 15):
1 day ago
Stocks to watch: Seatrium, Centurion, Stoneweg Europe Stapled Trust, Ever Glory
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 15):
2 days ago
Xi’s rare earth ‘bazooka’ sparks global alarm, race for supplies
The latest move caps years of expansion in Beijing’s export control regime
2 days ago
China flexes superpower status using rare earths in global supply chain grab
The latest move caps years of expansion in Beijing’s export control regime
2 days ago
MacKenzie Scott cuts Amazon stake by 42%, Bloomberg News reports
Billionaire philanthropist MacKenzie Scott has reduced the size of her stake in Amazon.com by 42 per cent since last year, Bloomberg News reported on Tuesday, citing a regulatory filing.Scott, the former wife of Amazon founder Jeff Bezos, holds 81.1 million shares in the company, according to the la ...
2 days ago
Singapore’s GIC seeks redemption from Jefferies’ Point Bonita
Other investors seeking redemptions include BlackRock, Morgan Stanley’s asset-management arm and Texas Treasury Safekeeping Trust
2 days ago
CGSI launches portfolio strategy focused on new listings and secondaries in Asean, Hong Kong
Navene Elangovan - The strategy targets annual returns of 10-15%
2 days ago
Trump threatens to end cooking oil purchases from China
US PRESIDENT Donald Trump slammed China’s halt of American soybean purchases as an “economically hostile act,” warning on Tuesday that his country...
2 days ago
Stellantis to invest US$13 billion in the United States
The investment will infuse new capital into plants in Michigan, Illinois, Ohio and Indiana
2 days ago
Europe: Trade jitters drag shares lower; France stays in focus
EUROPEAN stocks slipped on Tuesday, weighed down by fresh jitters over US-China trade tensions and a sharp drop in Michelin shares, while investors...
2 days ago
Oil settles down 1.5% on US-China trade tensions, IEA warning of glut
[HOUSTON] Oil prices fell on Tuesday, settling 1.5 per cent lower as the International Energy Agency warned of a huge supply glut in 2026,...
2 days ago
US Fed’s Collins says it’s prudent to ease a bit more in 2025
The Fed’s next policy gathering will take place on Oct 28 to 29 in Washington
2 days ago
US: Wall Street ends mixed; banks rally on upbeat results
Sharon Lee - WALL Street ended mixed on Tuesday as investors digested mostly positive quarterly results from big US banks, comments from Federal Reserve Chair...
2 days ago
US STOCKS-Wall Street ends mixed; banks rally on upbeat results
Sharon Lee - WALL Street ended mixed on Tuesday as investors digested mostly positive quarterly results from big US banks, comments from Federal Reserve Chair...
2 days ago
LVMH returns to growth with fashion unit proving resilient
The world’s largest luxury group has endured an extended pullback, particularly in China, which had long been a driver of growth
2 days ago
Trump’s semiconductor tariff threat casts long shadow on Penang’s chip hub status
While Penang's chief minister told CNA that the state retains strong interest from American and Chinese multinational corporations, experts fear that a substantial tariff rate by Washington for the semiconductor sector could diminish its role in the global supply chain.
2 days ago
Commentary: The curious market timing of Trump’s tariff threats
Donald Trump may know the art of dealmaking, but he certainly doesn’t know the art of stock market timing, says Bloomberg Opinion's Shuli Ren.
2 days ago
Flows into US ETFs cross $1 trillion at record pace, State Street Investment Management says
Investors are directing money into U.S.-based exchange-traded funds at a rapid clip, pushing inflows so far this year across the $1 trillion line, State Street Investment Management said on Tuesday.That puts U.S. ETF inflows on pace to set a new annual record of as much as $1.4 trillion by the end o ...
2 days ago
OpenAI to allow mature content on ChatGPT for adult verified users starting December
OpenAI will allow mature content for ChatGPT users who verify their age on the platform starting in December, CEO Sam Altman said, after the chatbot was made restrictive for users in mental distress."As we roll out age-gating more fully and as part of our 'treat adult users like adults ...
2 days ago
Spotify video podcasts head to Netflix under new distribution tie-up
Netflix said on Tuesday it will add a slate of Spotify's most popular video podcasts to its service from early 2026, part of a new distribution partnership aimed at broadening the streaming giant's entertainment lineup and drawing new audiences.The initial lineup will feature shows such as ...
2 days ago
Cathie Wood-backed Solmate scoops up solana in last week's drawdown
Cathie Wood's Ark Invest-backed Solmate Infrastructure said on Tuesday it had picked up cryptocurrency solana during last week's sharp pullback in the market for digital assets.Risk-off sentiment hit cryptocurrencies on Friday as Sino-U.S. tensions flared, triggering the sector's bigg ...
2 days ago
Intel customers to test new Crescent Island GPU in second half of next year
Intel is making a renewed push to secure a spot in the fast-growing AI chip race with its upcoming data center graphics processing unit, code-named Crescent Island, slated for customer sampling in the second half of 2026.It marks the chipmaker's second attempt in the AI accelerator arena after ...
2 days ago
Former NASA nominee Jared Isaacman in talks to become agency's chief
Jared Isaacman, the private astronaut and Elon Musk ally who was removed from consideration to lead NASA earlier this year, met with acting NASA Administrator Sean Duffy this week as a candidate for leading the space agency, a NASA spokesperson said."Secretary Duffy and Jared Isaacman had an ex ...
2 days ago
Facebook takes down page that Justice Department says was used to harass ICE agents
WASHINGTON :The U.S. Justice Department said on Tuesday that Meta had complied with its request to take down a page on its Facebook platform that the agency said was being used to harass ICE agents in Chicago.In a post on X, Attorney General Pam Bondi said the page was part of an effort to "dox ...
2 days ago
Google offers to tweak search results as EU antitrust fine looms
BRUSSELS :Alphabet's Google has offered to make further changes to its search results in its latest attempt to avoid a European Union antitrust fine, according to a document seen by Reuters.The world's most popular internet search engine modified its July proposal following feedback and cr ...
2 days ago
'Bitcoin Jesus' strikes deal with Trump administration to resolve US tax charges
An early cryptocurrency investor dubbed the "Bitcoin Jesus" has agreed to pay up to $49.9 million to resolve charges he evaded tens of millions of dollars in taxes, the U.S. Department of Justice said in a court filing on Tuesday.Roger Ver entered into a deferred prosecution agreement reso ...
2 days ago
Crypto investor 'Bitcoin Jesus' reaches deal to resolve US tax charges
An early investor in bitcoins dubbed the "Bitcoin Jesus" has agreed to pay up to $49.9 million to resolve U.S. charges that he evaded paying tens of millions of dollars in taxes, the U.S. Department of Justice said on Tuesday.Roger Ver entered into a deferred prosecution agreement resolvin ...
2 days ago
Fed’s Powell says economy on firmer footing, though low-hiring, low-firing trend continues
Fed will take meeting-by-meeting approach to interest rate cuts