53 minutes ago
Emirates to resume flights after brief halt on missile threats
Airlines in Qatar, Bahrain and Kuwait have also seen their operations halted
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 hours ago
Queues, price hikes and shortages as Asia battles fuel crunch
Disarray has been spreading after just days of war, and for many, the risks are rising
2 hours ago
US aluminium buyers hunt for alternatives as Iran war upends global supply
The Middle East supply turmoil comes at a particularly fragile moment for American aluminium consumers
3 hours ago
CK Hutchison unit seeks US$2 billion in Panama ports dispute
The two ports are part of the Hong Kong conglomerate’s deal announced in March last year
4 hours ago
China’s PBOC extends gold buying as Middle East tension simmers
Some countries have also sold gold recently, but buying still outweighs sell-offs
4 hours ago
Nvidia sets US$4 million target cash bonus for CEO Huang under fiscal 2027 plan
The world’s most valuable company says that it expects fiscal first-quarter sales of US$78 billion, plus or minus 2%
5 hours ago
US launches US$20 billion reinsurance plan to ease Gulf oil trade
The strait carries about a fifth of global oil flows, as well as gas, fertiliser and other products
6 hours ago
Boeing close to 500-jet order with Trump-Xi summit
The US head of state plans to visit China from Mar 31 to Apr 2 for the meeting
6 hours ago
US airlines brace for second year of turmoil as fuel costs surge
Jet fuel is responsible for as much as 30% of an airline’s costs
6 hours ago
Crisis management for Singapore banks, fund managers in Dubai as conflict sparks anxiety among clients
Investment banks have instructed employees to work from home
7 hours ago
Indonesia to block children under 16 from social media
Malaysia is mulling similar restrictions
7 hours ago
Oracle and OpenAI end plans to expand flagship data centre
Both companies are using Nvidia’s AI semiconductors at the Stargate site
8 hours ago
South Korean EV battery maker SK lays off 958 workers in Georgia
The company says that it’s pursuing customers in the automotive and stationary storage space
8 hours ago
Fed faced with hard choice on weak jobs, high inflation
The central bank aims for 2% inflation, though it has not met that goal for the past five years
8 hours ago
US judge allows time for new tariff refund system to be set up
WASHINGTON: A US Customs and Border Protection (CBP) official told a federal court Friday (Mar 6) the agency is preparing a new system to process tariff refunds - and a judge has granted it time to do so.The CBP aims to have this system ready for use in 45 days, its executive director of trade progr ...
9 hours ago
Online sellers brace as Gulf logistics grinds to near halt after US-Israel strikes
The region has become an important destination for Chinese and Western e-commerce exporters alike
9 hours ago
Pop Mart sues 3D-printer firm in Labubu copyright fight
The toymaker has aggressively pursued intellectual property violations
9 hours ago
Anthropic vows court fight in Pentagon row
Anthropic chief executive Dario Amodei has said the company has "no choice" but to challenge in court the Pentagon's formal designation of the artificial intelligence firm as a risk to US national security.
9 hours ago
US draws up strict AI guidelines amid Anthropic clash, FT reports
March 6 : The Trump administration has drawn up strict rules for civilian artificial-intelligence contracts requiring companies to allow "any lawful" use of their models amid a stand-off between the Pentagon and Anthropic, the Financial Times reported on Friday. The Pentagon designated Ant ...
9 hours ago
US draws up strict new AI guidelines amid Anthropic clash, FT reports
March 6 : The Trump administration has drawn up strict rules for civilian artificial intelligence contracts that would require AI companies to allow "any lawful" use of their models amid a stand-off between the Pentagon and Anthropic, the Financial Times reported on Friday.A draft of the n ...
9 hours ago
Panama Canal saw 2.8% transit increase through January despite tensions
Analysts expect an increasing passage of vessels carrying US LNG through Panama to reach destinations in Asia
10 hours ago
When the majority votes with the minority’s wallet, capital walks
Tong Kooi Ong + Asia Analytica - The idea that democracy should govern capitalism (read “Will democracy govern capitalism – or be consumed by it?” by Joseph Stiglitz and Jayati Ghosh) sounds noble — until the question of who pays enters the room. Left-leaning economists believe markets should be disciplined by democratic ch ...
10 hours ago
Iran war sends US crude futures up 12% a barrel
The conflict has spread across the Middle East’s key energy-producing areas
11 hours ago
US stocks close down as oil spikes 12%, job market weakens
The increase in oil prices has fuelled expectations of higher input costs and pressure on corporate profits
11 hours ago
Europe stocks mark biggest weekly drop in almost a year as Middle East conflict persists
The Stoxx volatility index has spiked to its highest level since April earlier in the week and remained elevated on Friday
11 hours ago
Binance, Zhao win dismissal of lawsuit by victims of 64 attacks
NEW YORK, March 6 : A federal judge on Friday dismissed a civil lawsuit seeking to hold Binance, the world's largest cryptocurrency exchange, and founder Changpeng Zhao liable for transactions that allegedly helped terrorist groups conduct 64 attacks around the world.U.S. District Judge Jeannet ...
11 hours ago
Former US trade chief Lighthizer resigns from Trump Media board
March 6 : Former United States trade representative Robert Lighthizer resigned from Trump Media & Technology Group's board of directors, effective Friday, an SEC filing showed.During U.S. President Donald Trump's first term, Lighthizer played a crucial role as trade chief in the imposi ...
12 hours ago
Oil prices surge as Middle East war rages, stocks fall on US jobs
The price for a barrel of Brent crude, the international standard, jumped 8.5 per cent as the US-Israel war upended the world's energy and transport sectors.
12 hours ago
Nvidia sets $4 million cash bonus for CEO Huang under 2027 compensation plan
March 6 : Nvidia has adopted a new variable compensation plan for fiscal year 2027, setting a target cash bonus of $4 million for CEO Jensen Huang, according to a regulatory filing on Friday.
12 hours ago
Nvidia sets $4 million target cash bonus for CEO Huang under fiscal 2027 plan
March 6 : Nvidia has adopted a new variable compensation plan for fiscal 2027 that sets a target cash bonus of $4 million for CEO Jensen Huang, according to a regulatory filing on Friday.The plan, approved by Nvidia's compensation committee on March 2, ties executive cash bonuses to the achieve ...
12 hours ago
Nvidia sets US$4 million target cash bonus for CEO Jensen Huang under fiscal 2027 plan
Nvidia has adopted a new variable compensation plan for fiscal 2027 that sets a target cash bonus of US$4 million for CEO Jensen Huang, according to a regulatory filing on Friday (Mar 6).The plan, approved by Nvidia's compensation committee on Mar 2, ties executive cash bonuses to the achieveme ...
14 hours ago
Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports
March 6 : Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, Bloomberg News reported on Friday, citing people familiar with the matter. The plan is part of the Stargate p ...
14 hours ago
Iran war sends US crude up $10 a barrel
HOUSTON, March 6 : U.S. crude oil futures climbed more than $10 on Friday, but remained under Brent as buyers sought available barrels, with Middle Eastern supply constrained by the effective closure of the Strait of Hormuz amid the expanding U.S.-Israeli war with Iran. Brent crude futures were up $ ...
14 hours ago
Iran war sends US crude up US$10 a barrel
HOUSTON: US crude oil futures climbed more than US$10 on Friday (Mar 6), but remained under Brent as buyers sought available barrels, with Middle Eastern supply constrained by the effective closure of the Strait of Hormuz amid the expanding US-Israeli war with Iran.It was the second straight day tha ...