Business
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Sony, Singapore’s GIC to invest US$2 billion in music catalogues
The joint venture will give the Japanese entertainment company funds to build up its portfolio of songs Published Thu, Jan 29, 2026 · 08:39 AM [LOS ANGELES] Sony Group and…
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US moves away from critical mineral price floors: sources
Published Thu, Jan 29, 2026 · 08:25 AM THE Trump administration is stepping back from plans to guarantee a minimum price for US critical minerals projects, a tacit acknowledgement of…
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Stocks to watch: Sembcorp, Mapletree Industrial Trust, Ho Bee Land
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 29): Sembcorp Industries : The company on Wednesday said that its wholly owned…
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Gold nears US$5,600/oz as investors seek safety, silver eyes US$120
Published Thu, Jan 29, 2026 · 08:10 AM — Updated Thu, Jan 29, 2026 · 09:34 AM [BENGALURU] Spot gold extended its record-breaking rally on Thursday (Jan 29), edging closer…
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ServiceNow strong results overshadowed by AI disruption fear
Like its peers, the company has worked to weave generative AI features through its tools and charge more for them Published Thu, Jan 29, 2026 · 07:48 AM [SAN FRANCISCO]…
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DBS, OCBC, UOB target prices climb as banks hit record highs
[SINGAPORE] Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks. OCBC ’s mean target price saw the…
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Nomura beats Goldman to top spot in a record year for Japan M&A
Foreign securities firms have secured numerous deals involving investments in the US, fuelled by the AI and semiconductor boom Published Thu, Jan 29, 2026 · 07:22 AM [TOKYO] Nomura Holdings…
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Samsung sees strong AI demand after profit triples to record high
Published Thu, Jan 29, 2026 · 07:19 AM — Updated Thu, Jan 29, 2026 · 09:06 AM [SEOUL] Samsung Electronics said its operating profit more than tripled to a record…
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Singapore’s AI growth lies in infrastructure: OCBC
OCBC Investment Research analysts name 10 SGX-listed companies that will do well amid the boom in AI [SINGAPORE] As the United States and China fight for dominance in the artificial…
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SpaceX weighs June 2026 IPO at US$1.5 trillion valuation: report
Published Thu, Jan 29, 2026 · 06:30 AM [BENGALURU] Elon Musk’s SpaceX is weighing a mid-June initial public offering (IPO), aiming to raise as much as US$50 billion at a…
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IBM posts revenue that tops estimates on software gains
Investors have been enthusiastic about the strategy as software has provided an increasingly share of the company’s sales Published Thu, Jan 29, 2026 · 06:01 AM [SAN FRANCISCO] International Business…
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S&P 500 crosses 7,000 ahead of Fed decision, Big Tech earnings
Published Wed, Jan 28, 2026 · 10:49 PM [NEW YORK] The S&P 500 opened at 7,000 mark on Wednesday (Jan 28), while the Nasdaq inched towards a record high, fuelled…
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Starbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years Published Wed, Jan 28, 2026 · 09:54 PM [NEW YORK] Starbucks reported a bigger-than-expected rise…
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13 SGX counters qualify for reduced board lot size
[SINGAPORE] The Singapore Exchange (SGX) has confirmed that 13 stocks qualify for reduced board lot sizes under a proposal that aims to make share investing more affordable. This follows the…
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Mapletree Industrial Trust Q3 DPU falls 7% to S$0.0317
The manager remains committed to its divestment target of S$500 million to S$600 million in North America [SINGAPORE] Mapletree Industrial Trust (MIT) posted a distribution per unit (DPU) of S$0.0317…
