8 hours ago
Foxconn first-quarter revenue jumps, company cautions on geopolitics
Strong AI demand leads to robust revenue growth for its cloud and networking products division
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
Right after Valuetronics, fund manager Amova emerges as a substantial shareholder of Frencken Group
The Edge Singapore - Amova Asset Management has emerged as a substantial shareholder of Frencken Group after additional open market buying last week. On March 30, Amova paid $5,248,084.14 for 2,478,200 Frencken shares, which works out to an average of just below $2.12 per share. This brings Amova's stake from 4.501 ...
9 hours ago
Iran war: Singapore likely to roll out targeted support for businesses, households as energy costs rise
Low Youjin - The government is expected to announce measures to help businesses and households cope with rising costs when Parliament sits on Tuesday
12 hours ago
Britain woos Anthropic expansion after US defence clash, FT says
April 5 : Britain is trying to tempt Anthropic to expand its presence in the country, as it seeks to capitalise on a fight between the maker of artificial intelligence app Claude and the U.S. Defense Department, the Financial Times said on Sunday.British government proposals for Anthropic range from ...
12 hours ago
Britain woos Anthropic expansion after US defence clash: Report
Britain is trying to tempt Anthropic to expand its presence in the country, as it seeks to capitalise on a fight between the maker of artificial intelligence app Claude and the US Defense Department, the Financial Times said on Sunday (Apr 5).British government proposals for Anthropic range from an ...
13 hours ago
The Iran war is reshaping global aviation
The longer the war persists, the worse it will be for the carriers with bases in the Middle East
15 hours ago
US rescues airman as Trump, Israel pressure Iran ahead of deadline
Israel says it is prepared to attack Iranian energy facilities, awaits US go-ahead
15 hours ago
Trump, Israel pressure Iran ahead of deadline as search continues for missing US airman
Israel says it is prepared to attack Iranian energy facilities, awaits US go-ahead
15 hours ago
How the Iran war set off a global scramble for strategic metals
High-intensity warfare has rapidly depleted inventories of rare metals among combatants
17 hours ago
After Yeo’s, Tiger Beer: Why some Singapore F&B firms leave – while others stay
Therese Soh - Larger-scale manufacturers with overseas markets are seen as more likely to move operations out
17 hours ago
Why home-grown F&B firms like Yeo’s, Tiger leave Singapore
Therese Soh - Larger-scale manufacturers with overseas markets are more likely to move operations out, say observers
18 hours ago
Retail investors are net buyers of S‑Reits in March
[SINGAPORE] S‑Reits, as measured by the iEdge S‑Reit Index, slipped in the first quarter of 2026, as geopolitical tensions weighed on investor...
18 hours ago
Buyback consideration in first quarter surpasses S$500 million
Buybacks can enhance key financial metrics such as earnings per share and return on equity
19 hours ago
Commentary: A Nintendo Cinematic Universe? What the Super Mario maker can learn From Marvel
With the Super Mario Galaxy Movie on track to smash the box office, fans are wondering if Nintendo might bring together more characters from disparate franchises, says Bloomberg Opinion’s Gearoid Reidy.
1 day ago
CSE Global says no further discussions thus far on strategic review
The Edge Singapore - CSE Global on April 4 says there had been no discussions with an unnamed party that had indicated an "expression of interest" in a "potential strategic transaction" involving its largest shareholder Heliconia Capital. This potential deal was first announced by CSE Global a month ...
1 day ago
US doubles Hormuz guarantees to US$40 billion with new partners
[NEW YORK] The US is doubling, to US$40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the...
1 day ago
What foreign issuers should know about SEC trading suspensions
William Pao, Tejal Shah, and Bingxin Wu / Cooley - As of March 17, the Securities and Exchange Commission (SEC) has suspended the trading of 14 Asia-based companies that conducted their initial public offering (IPO) on Nasdaq or the New York Stock Exchange (NYSE) within the last two years due to potential market manipulation. The SEC’s focus on fo ...
1 day ago
Telegram's Durov says Russia triggered payment system problem by blocking VPNs
MOSCOW, April 4 : Telegram founder Pavel Durov said on Saturday Russia's attempt to block Virtual Private Networks triggered a problem with a domestic payment system, adding that tens of millions of Russians were now resisting the digital controls.The issue sowed chaos on Friday for some sho ...
1 day ago
Nasa astronauts reach safe orbit in historic moon mission
[AUSTIN] Nasa’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them...
1 day ago
Kempinski Hotels buys Augustine Hotel, Prague, its first acquisition in over 50 years
Jovi Ho - Europe’s oldest luxury hospitality group Kempinski Hotels has acquired the 101-room Augustine Hotel, Prague, housed in an 800-year-old monastery. This is the first acquisition for the group in over 50 years, since its investment in Hotel Vier Jahreszeiten Kempinski Munich in 1970. The wholly owned ...
2 days ago
US bonds fall as strong jobs data undermines Fed cut outlook
[NEW YORK] Bond traders ended the week betting that the Federal Reserve will keep interest rates steady this year, on signs of...
2 days ago
Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reports
[BENGALURU] Elon Musk is requiring banks and other advisers working on SpaceX’s planned initial public offering (IPO) to buy subscriptions to Grok,...
2 days ago
Vietnam Q1 growth slows as costlier Middle East energy tests 2026 target
HANOI, April 4 : Vietnam's economy slowed in the first quarter from the three months prior, data showed on Saturday, as heavy exposure to Middle Eastern oil imports boosted inflation, presenting a challenge in reaching an annual growth target, authorities said.Gross domestic product grew 7.83 p ...
2 days ago
Vietnam Q1 GDP growth slows to 7.83% y/y from 8.46% y/y in Q4
HANOI, April 4 : Vietnam's economy slowed in the first quarter from the previous three months, data showed on Saturday, as its heavy exposure to Middle Eastern oil imports pressured growth.Gross domestic product grew 7.83 per cent in the January–March period from the same period a year earlie ...
2 days ago
Downed US jet, second crash mark new escalation in Iran war
[ISTANBUL] Iran shot down a US F-15E fighter jet and a second US plane reportedly crashed in the Gulf region, incidents which...
2 days ago
How discounts, deals are helping petrol players counter Cnergy’s low pump prices
Shikhar Gupta - Listed prices show gaps of more than S$1 a litre, but discount combinations can bring that down to cents
2 days ago
SpaceX delays next Starship test launch by a month, Musk says
April 3 : SpaceX CEO Elon Musk said on Friday that the company's next Starship test flight will take place in May and not April as originally scheduled.Musk posted on social media platform X that the next flight of Starship’s V3 vehicle was four to six weeks away, or in the first two weeks of ...
2 days ago
White House seeks $5.6 billion cut to NASA budget in 2027
WASHINGTON, April 3 : The White House on Friday proposed a $5.6 billion cut to NASA's budget for 2027, including a $3.4 billion cut to the space agency's science unit, a 23 per cent cut as NASA's new chief plans an array of new missions under the flagship U.S. moon program.
2 days ago
Italian court rules Netflix price-hike clauses are void, orders refunds
MILAN, April 3 : A Rome court has ruled as unlawful price increases imposed by Netflix on its Italian subscribers over the last seven years, and has ordered the U.S. media giant to reimburse them, a consumer association said on Friday.Consumer group Movimento Consumatori said in a statement that the ...
2 days ago
US fighter jet shot down over Iran
Fate of crew unclear; US officials scrambling to mount search-and-rescue
2 days ago
US fighter jet shot down over Iran; one crew member rescued
US forces continue search-and-rescue operations for other crew member
2 days ago
US fighter jet shot down over Iran; one crew reportedly rescued
US forces continue search-and-rescue operations for other crew member
2 days ago
Turkey launches investigation into Google over advertising, billing practices
ISTANBUL, April 3 : The Turkish Competition Board said on Friday it had decided to launch an investigation into Alphabet Inc and related Google companies over its advertising and billing practices.The investigation aims to determine whether Google's billing practices and commercial practices re ...
2 days ago
Scientists find evidence for theorized gargantuan star explosions
WASHINGTON, April 3 : A supernova - the explosive death of a star - is always violent, blasting material into space while typically leaving behind a compact stellar remnant like a neutron star or black hole. But some supernovas involving the largest stars in the cosmos may be so immensely powerful t ...