Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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1 day ago
Promises may backfire on new Jakarta governor
Jeffrey Hutton - AT local elections in April this year, Anies Baswedan, Jakarta's incoming governor, won by a landslide partly due to promises that he would shield the poor from harsh evictions, while doling out easy housing loans.
1 day ago
Weak growth, trade holding back global capital spending
Chuang Peck Ming - WEAK economic growth and trade trimmed foreign capital spending on new and existing factories and offices last year, but the cut was deeper for Singapore.
1 day ago
EU summit to throw Britain a Brexit bone
EUROPEAN Union (EU) leaders are set to extend an olive branch to British Prime Minister Theresa May at a summit in Brussels this week in a bid to break a deadlock in Brexit negotiations.
1 day ago
12 things to watch out for at China's 19th party congress
CHINA'S ruling Communist Party on Wednesday opens its 19th Congress, at which President Xi Jinping will map out his ambitions for the country for the next five years and beyond, likely to be high on aspiration but short on concrete details.
1 day ago
Core leader Xi Jinping set to tighten his grip on power
Virginie Mangin - AT the Beijing Exhibition Centre, thousands of Chinese tourists line up to see the "Five Years on Exhibit", meant to showcase - in a very positive light - the exploits of the Communist Party in the first five years of President Xi Jinping's leadership.
1 day ago
Dollar regains ground on muted inflation data
The Labor Department said on Friday its Consumer Price Index jumped 0.5 per cent last month after advancing 0.4 per cent in August. Economists polled by Reuters had forecast a 0.6 per cent increase.
1 day ago
Plenty of catalysts that could fuel STI's climb
Claire Huang - MUST all good things come to an end? Based on the Straits Times Index's (STI) track record, what goes up must come down, but perhaps the climb this time round can last a little longer and further, given the right catalysts.
1 day ago
Rubies, the buried and untapped treasures of Pakistani Kashmir
THE people of Pakistani Kashmir are sitting on a treasure chest: Millions of rubies, estimated to be worth up to half a billion dollars, are lying beneath them.
1 day ago
Saudi Aramco denies shelving international IPO
SAUDI Aramco has dismissed reports that it is considering shelving plans for an international listing, with the state-owned oil giant saying it is on track for next year.
1 day ago
Sun-powered 5-seater car wows crowd at solar challenge
A FUTURISTIC Dutch family car that not only uses the sun as power but supplies energy back to the grid was hailed as "the future" on Sunday as the World Solar Challenge wrapped up.
1 day ago
AI could add £630b to Britain's coffers by 2035
ARTIFICIAL intelligence could add £630 billion (S$1,129.5 trillion) to the United Kingdom's economy by 2035, a government-commissioned report said.
1 day ago
The rise and rise of chatbots
Nisha Ramchandani - CHATBOTS promise to be cheaper, faster and better than their human alternative. No wonder then than businesses from banks to retailers are rolling them out.
1 day ago
US softens stance on EU plans to tax Silicon Valley giants
THE US is softening its position on European plans to impose taxes on US tech giants such as Apple and Google, officials from Washington said.
1 day ago
Amazon muscling into sportswear with its own labels
AMAZON.COM is tapping some of the biggest athletic-apparel suppliers to make a foray into private-label sportswear, according to people familiar with the matter, setting the stage for further upheaval in an already-tumultuous industry.
1 day ago
Facebook users can now order food in US
FACEBOOK announced a new feature over the weekend to make it easier for users to order meals without leaving the social network.
1 day ago
Regulatory compliance, costs could turn firms away from SGX
Stephanie Luo - SINGAPORE is a leading financial hub, ranking third globally just behind London and New York, but its stock market is another story.
1 day ago
Kitchen skills for inmates and meals for the needy - the Samsui way
Dionne Wu - EX-OFFENDERS often have to face many challenges upon returning to society, including finding employment. With the establishment of a new 408 sq m central kitchen within Singapore Changi Prison Complex on Oct 13, inmates now have the opportunity to learn skills that will enhance their employability ...
1 day ago
Citi reinvents itself to stay agile and ahead
Amit Roy Choudhury - HOW does a more-than- 100-year-old bank stay relevant and compete with new age financial services providers and fintechs - technology companies that are in the business of finance?
1 day ago
Gold in early stages of secular bull cycle
Jeremy Ng - SINCE the start of 2017, gold has been moving perfectly in an uptrend manner as it formed a series of higher highs (HH) and higher lows (HL), which is the textbook definition of an uptrend. This immediate uptrend is moving in line with our expectations of gold forming a cyclical bottom back in Dece ...
1 day ago
Business strategy for the digital age
SOME questions business leaders can consider are: Are you actively thinking about how to be innovative and a change leader in your industry, beyond simply accepting that change is inevitable and coping with it?
1 day ago
Digital innovation is not about chasing tech, but the customer
MELVIN YONG - DIGITAL innovation may be one of the most prominent business buzz phrases today, but industry leaders say the trend involves far more than just the digital realm.
1 day ago
Buybacks decline on the week; Wee Ee Chao raises UOB-Kay Hian stake
Jennifer Tan - IN the five trading sessions spanning Oct 6 to Oct 12, the Straits Times Index (STI) edged 0.4 per cent higher. This brought its dividend-inclusive return for the year through Oct 12 to 18.04 per cent, compared with an average 13.78 per cent return (in Singapore dollar terms) for the benchmarks of ...
1 day ago
China Fibretech: no Nominating Committee meeting convened
Jacquelyn Cheok - MAINBOARD-LISTED China Fibretech said on Sunday that no meeting of the company's Nominating Committee was convened to consider the appointment of two new directors, namely Choo Han Kiat, Eric and Leow Yong Kin, to its board. The firm was responding to a query by the Singapore Exchange (SGX) on ...
1 day ago
Exclusive: T-Mobile, Sprint aim to announce merger without asset divestitures - sources
Today - T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for...
1 day ago
Time running out for NAFTA talks, set to be extended: Sources
Negotiators at talks to modernize NAFTA are running out of time and look set to extend the remaining rounds in a bid to meet an end-year deadline as tensions rise, three sources familiar with the matter said on Sunday.
1 day ago
Airbus CEO sees no reason to step down over probes
Today - FRANKFURT - Airbus Chief Executive Tom Enders sees no reason to resign over ongoing UK and French corruption investigations, but would be ready to do so if needed, he told a German newspaper "You can be assured: Once I am no...
1 day ago
Catalan leader calls for calm ahead of Madrid deadline
[MADRID] Catalan leader Carles Puigdemont on Sunday called for calm less than 24 hours ahead of a deadline from Spain's central government for him to clarify whether he has declared independence for Catalonia or not.
2 days ago
DPM Tharman on two-day visit to Moscow
[SINGAPORE] Deputy Prime Minister and Coordinating Minister for Economic and Social Policies Tharman Shanmugaratnam will make a two-day visit to Russia that begins on Monday.
2 days ago
Fed's Yellen says watching inflation closely but US economy is strong
[WASHINGTON] The US economy remains strong and the strength of the labour market calls for continued gradual increases in interest rates despite subdued inflation, Federal Reserve Chair Janet Yellen said on Sunday.
2 days ago
Hillary Clinton warns Britain on potential trade deal with Trump
[LONDON] Former US presidential candidate Hillary Clinton cautioned Britain on Sunday over its push to secure a trade deal with US President Donald Trump after it leaves the European Union (EU).
2 days ago
Fed's Yellen says watching inflation closely but economy is strong
tdyadmin - 44 min 33 sec agoWASHINGTON - The U.S economy remains strong and the strength of the labor market call
2 days ago
Qatar National Bank aims to refinance US$3b loan by year-end
[DUBAI] Qatar National Bank (QNB), the largest Gulf Arab bank, has approached commercial banks for the refinancing of a US$3 billion loan due next March, saying it would like to complete the deal before the end of 2017, sources familiar with the matter said.
2 days ago
Commentary: The future of work – new underclass, dystopian reality?
Two forces combining to reshape the future of employment can have implications for our social compact and national security, says S Rajaratnam School of International Studies’ Shashi Jayakumar and Eugene Goh, chief operating officer of a shift worker hiring platform.
2 days ago
Going cashless quickly is wise
Importer - Richard Hartung28 min 51 sec agoSINGAPORE — Going cashless has been in the news here of late, with Prime Minister Lee
2 days ago
US rejects French proposal on taxing tech companies
The United States does not support a French proposal to tax the gross revenues of international tech corporations like Google and Amazon, Treasury Secretary Steven Mnuchin said Saturday.
2 days ago
Mexico expects 'win-win' in NAFTA negotiations: Central bank
Mexico expects the renegotiation of the North American trade pact to produce benefits for itself, the United States and Canada, Mexican central bank Governor Agustin Carstens said Saturday.