25 minutes ago
China’s BYD open to building cars in Canada, buying out rivals
The automaker has grown to prominence by producing both all-electric and hybrid gas-electric vehicles
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
26 minutes ago
South Korea police raid transport ministry in widening Jeju Air crash probe
The crash killed 179 people
28 minutes ago
Addvalue to leverage Singapore’s space push to lift its satellite business
Therese Soh - It aims to realise the business’ full potential via strategic options, particularly US opportunities
57 minutes ago
Malaysia says airlines may suspend some flights on fuel costs
Jet fuel accounts for almost half of airlines’ operating costs, Malaysia’s Transport Minister Anthony Loke says
1 hour ago
Gold set for second weekly decline as oil prices rally further
Bullion has still gained around 18% so far this year and has largely held above the US$5,000-an-ounce threshold
1 hour ago
Sembcorp’s prospects lifted by Middle East conflict and Alinta acquisition
Lin Daoyi - Slightly more than a week after Israel and the US commence assaulting Iran, the Strait of Hormuz, a narrow waterway between Iran and Oman, is effectively unnavigable as maritime insurers have stopped providing coverage for vessels travelling through the Persian Gulf amid increasing risk of ships bei ...
1 hour ago
Meta delays rollout of new AI model after performance concerns
Its rivals Google, OpenAI and Anthropic are acknowledged as ahead in foundational AI models
2 hours ago
JPMorgan, UBS dropped hedge fund embroiled in Hong Kong probe
Regulators have also warned banks over the quality of IPO applications
2 hours ago
Qantas to pay US$74 million to customers for cancelled COVID-19 flights
SYDNEY: Australia's Qantas Airways said on Friday (Mar 13) it would pay out A$105 million (US$74 million) to settle a class action alleging it misled customers and failed to provide ticket refunds for flights cancelled during the COVID-19 pandemic.The class action on behalf of Australian passen ...
2 hours ago
China’s OpenClaw frenzy tests Xi’s approach to regulate AI
Tech giants and consumers have rushed to embrace the agentic AI phenomenon in the past few weeks and at its peak
2 hours ago
Nikkei drops 1.7% as Middle East tensions boost oil prices
It was on track for a second straight weekly decline
2 hours ago
Addvalue exploring 'strategic options' to grow market in US
The Edge Singapore - Addvalue Technologies is exploring ways to "unlock the market value and realise the full potential" of its inter-satellite data delay system (IDRS) business. To this end, the company has assembled a working team with external professional advice to explore alliances, M&A deals or " ...
2 hours ago
Oil price stays above US$100, Asia stocks fall
Brent crude inched further above US$100 a barrel after Iran vowed to attack oil resources in the Middle East and keep choking the Strait of Hormuz.
2 hours ago
ST Engineering to deploy intelligent transport systems in Singapore to help LTA manage traffic
Chloe Lim - The contracts were secured with the Land Transport Authority in 2025
2 hours ago
Dollar poised for second weekly gain with no end in sight for Iran war
TOKYO, March 13 : The dollar held gains on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing.The euro traded near its weakest since November while the yen was at levels that put traders on guard for possibl ...
2 hours ago
ST Engineering to deploy new traffic management system for LTA
The Edge Singapore - ST Engineering has been contracted by the Land Transport Authority to deploy an intelligent transport system to help improve traffic management. The contract value is not disclosed and was already recorded in the company's FY2025 order book which totalled $33.2 billion, including $18.7 billion ...
2 hours ago
Chinese banks boost loans to tech sector as Beijing ramps up AI push
Tech financing had been made a priority
3 hours ago
Adobe CEO to step down in face of investor concerns over AI
Shantanu Narayen will remain in the position until a successor has been appointed
3 hours ago
Stocks to watch: ST Engineering, UI Boustead Reit, MoneyMax Financial Services
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 13):
3 hours ago
Honda shares slide more than 5% as automaker faces first annual loss
TOKYO, March 13 : Shares in Honda Motor fell more than 5 per cent in Tokyo on Friday morning after the company flagged its first annual loss in almost 70 years as a listed company, hit by up to $15.7 billion in restructuring costs at its electric-vehicle business.
3 hours ago
How the Iran war is disrupting the Strait of Hormuz
The strait is an essential passage for the oil market, handling about a quarter of the world’s seaborne oil trade
3 hours ago
BuzzFeed flags going concern risk, shares down
Its stock has lost 98 per cent of its value since it went public via a blank-cheque merger in 2021
3 hours ago
Meta pushes AI model 'Avocado' rollout to May or later, NYT reports
March 12 : Meta has postponed the release of its artificial intelligence model "Avocado" to at least May, from this month, the New York Times reported on Thursday, citing sources.The performance of Meta's new AI model currently falls between Google's AI Gemini 2.5 and Gemini 3, d ...
3 hours ago
Meta delays rollout of new AI model code-named 'Avocado,' NYT reports
March 12 : Meta has delayed the release of its artificial intelligence model code-named "Avocado" to at least May from this month, the New York Times reported on Thursday, citing three people with knowledge of the matter.The delayed timeline comes even as the company invests heavily to exp ...
3 hours ago
Meta delays rollout of new AI model, NYT reports
March 12 : Meta has delayed the release of its artificial intelligence model code-named Avocado to at least May from this month, the New York Times reported on Thursday, citing three people with knowledge of the matter. Reuters could not immediately verify the report.
3 hours ago
Exclusive-BESI attracts takeover interest as advanced chip packaging demand surges, sources say
NEW YORK/ LONDON, March 12 : BE Semiconductor Industries has been fielding takeover interest, as demand for its chip-packaging technology has become more critical for semiconductor equipment makers, according to three people familiar with the matter.The Amsterdam-listed chip equipment maker, which h ...
3 hours ago
Yen hits new low against Singapore dollar as Middle East crisis jolts oil prices
The Japanese currency has weakened another 2.11% so far in 2026
4 hours ago
Iran not going to close Strait of Hormuz, Iran UN envoy says
IRAN’S UN ambassador said on Thursday Tehran was not going to close the Strait of Hormuz, but added that it was Iran‘s right...
4 hours ago
Musk's X to change verification system in Europe, Bloomberg News reports
4 hours ago
Amazon plans to shift annual Prime Day sale to June from July
The latest change has implications for the company’s financial reporting
4 hours ago
Stellantis weighs deals with China rivals to shore up Europe
European and US carmakers have largely trailed Chinese competitors in cost and battery technology, after state subsidies from Beijing
4 hours ago
Qantas agrees to A$105 million settlement in Covid-19 flight credits class action
Sharon Lee - AUSTRALIA’S Qantas Airways said on Friday it has agreed to settle a class action related to flight credits issued during the Covid-19...
5 hours ago
US to ease shipping rule in bid to tame spiralling fuel prices
The plan comes as President Donald Trump considers multiple options to stem the dramatic rise in crude and petrol amid the war...
5 hours ago
Ships must coordinate with Iran’s navy to pass through Strait of Hormuz, foreign ministry says
[DUBAI] Ships must coordinate with Iran’s navy to pass through the Strait of Hormuz, the country’s foreign ministry spokesperson said in comments...