Singapore

Block lifts profit outlook, reaches DOJ settlement

Details developing.

UOB Q3 Profit Misses Forecasts, Wealth Momentum Continues

Singapore's UOB reported third-quarter net profit that fell short of forecasts. However, the bank's wealth management sector showed continued momentum.

Meta raises $15 billion in bond sale

Meta Platforms has successfully raised $15 billion through a five-part U.S. bond sale. The offering aims to secure additional capital for the company.

Meta raises $15 billion for AI expansion

Meta raised $15 billion through a five-part U.S. bond sale. The company plans to use the funds to expand its artificial intelligence initiatives.

AMD Forecasts Strong Quarterly Revenue Amid Data-Center Growth

AMD anticipates quarterly revenue exceeding estimates. This projection is driven by accelerating growth in the data-center sector.

Skyworks Shares Drop Amid Weak Smartphone Market Forecast

Skyworks Solutions experienced a decline in its stock price. The company's forecast was negatively impacted by a sluggish smartphone market.

Retail Investors Cautioned on Following Stock Analyst Changes

Retail investors are advised to approach stock trades cautiously when prompted solely by analyst recommendation changes.

Booking Holdings Reports $900 Million Revenue Hit from FTC Action

Booking Holdings experienced a $900 million reduction in quarterly revenue. This financial impact is directly linked to actions taken by the Federal Trade Commission.

Booking Holdings Reports $1 Billion Impact on Q3 Results Due to FTC

Booking Holdings reported a $1 billion impact on its third-quarter financial results. This impact is linked to actions taken by the Federal Trade Commission.

Block Raises Full-Year Profit Outlook Fueled by Cash App

Block has increased its full-year profit forecast. The company's third-quarter growth was significantly driven by its Cash App.

New Zealand's central bank registers Revolut as country's 27th bank

Details developing.

Nexperia Sues Wingtech and Founder Over Alleged Damages

Nexperia has filed a lawsuit against Wingtech and its founder. The company is seeking compensation for alleged damages.

GAC opens first overseas battery factory in Thailand

GAC has launched its first international battery manufacturing facility in Thailand. This marks a significant step for the company's global expansion.

The Fidelis Partnership plans Singapore reinsurance expansion in 2027

The Fidelis Partnership has announced its intention to expand its reinsurance operations in Singapore. This expansion is scheduled to take place in 2027, according to Reinsurance News.

Analysts see optimism in Sheng Siong outlook despite stock slide

Sheng Siong’s share price fell 15 percent after the company cited a competitive grocery retail landscape. Analysts remain optimistic about the business outlook.

MoneySmart suffers IT security breach, customer data compromised

Financial services firm MoneySmart experienced an IT security breach that exposed customer personal data. Names and email addresses held in the company's internal systems were among the compromised information.

Anthropic plans Australian share offering for IPO

Artificial intelligence company Anthropic is reportedly planning to offer shares in Australia as part of its initial public offering. This move was indicated by CommSec.

China introduces measures to support struggling stock market

China has implemented support measures aimed at revitalizing its struggling stock market. Persistent economic weakness and a downturn in the property sector have impacted investor confidence.

Singapore's Grab Updates 2026 Forecasts

Singapore-based Grab has revised its 2026 financial forecasts upward. The company cited strong demand in its ride-hailing and delivery services.

South Korea Inflation Moderates in October

South Korea's headline inflation rate slowed in October. This moderation occurs ahead of an anticipated interest rate hike.

Oil Prices Fall Amid AI Stock Market Concerns

Details developing.

Singapore's super-aged population faces financial security concerns

Singaporean households are advised to assess their financial buffers due to wealth concentrated in housing and CPF savings. Unexpected financial shocks pose a risk to the aging population.

Binance assurances insufficient as crypto industry faces scrutiny

The Binance hack may necessitate a serious evaluation of the cryptocurrency industry's legitimacy. Industry stakeholders are urged to take proper stock of its current standing.

Oil prices drop amid hope for US-Iran detente before midterms

Oil prices have decreased due to expectations of a US-Iran diplomatic breakthrough. This development occurs shortly before the United States midterm elections.

Apple results beat Wall Street expectations on strong iPhone sales

Apple Forecasts Higher Costs, Lower Services; Shares Fall

Apple forecasts rising costs and lower revenue from its services division. The company's shares experienced a decline after the announcement.

Johor-Singapore SEZ Reports RM88.83 Billion in Approved Investments

The Johor-Singapore Cooperation Ministerial Committee held its inaugural meeting on Monday. The committee discussed investments within the SEZ.

Johor-Singapore SEZ Projects Total $28 Billion, Ministers Report Progress

Ministers announced that approved projects in the Johor-Singapore SEZ amount to $28 billion. These projects are projected to create over 28,700 jobs.

Heritage businesses get new customers under NHB scheme

The National Heritage Board reports that heritage businesses are attracting new customers through its scheme. The board plans to offer more tailored support to address ongoing challenges.