30 minutes ago
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
The moves come after Iran threatened to target US and Israeli banks in the Gulf region
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
40 minutes ago
Q&M to buy Australian dental group for A$144.5 million
Janice Lim - The acquisition target has a network of more than 40 clinics and about 120 dentists
55 minutes ago
Dollar firm as traders eye Middle East risks
NEW YORK, March 11 : The dollar edged higher on Wednesday as concerns about a further escalation in the Middle East conflict supported demand for the U.S. currency, while data showed U.S. consumer prices rose moderately in February.Investors remain on edge as the Middle East conflict threatens to fr ...
56 minutes ago
Stryker shares fall after report on suspected Iran-linked cyberattack
March 11 : Stryker's shares fell about 3 per cent on Wednesday after the Wall Street Journal reported that the medical equipment maker was hit by a suspected Iran-linked cyberattack.The company is experiencing a global outage across its systems. Staff and contractors have claimed that the logo ...
1 hour ago
WhatsApp launches parent-managed accounts for pre-teens amid safety concerns
BRUSSELS, March 11 : Meta Platforms-owned WhatsApp said on Wednesday it would allow parents to create accounts for pre-teens, restricted to messaging and calling, amid rising global concerns about the impact of social media and chat apps on children.A number of countries around the world are now see ...
1 hour ago
Nvidia invests US$2 billion in Nebius in new data centre deal
[AMSTERDAM] Nvidia will invest US$2 billion in Nebius Group as part of a strategic partnership to develop and build artificial intelligence data...
1 hour ago
IEA proposes record release of strategic stocks in response to Iran war oil price surge
The International Energy Agency has recommended the release of 400 million barrels of oil.
2 hours ago
Meta unveils plans for batch of in-house AI chips
SAN FRANCISCO, March 11 : Meta Platforms on Wednesday unveiled a roadmap of four new chips that the company is making in-house, as it rapidly expands its data centers.Like many big tech companies such as Alphabet and Microsoft, Meta has invested heavily in building a team that can design chips in-ho ...
2 hours ago
Stocks mixed, dollar edges up after US inflation; focus squarely on oil
BOSTON/LONDON, March 11 : Global shares were mixed and the dollar held firm on Wednesday, after data showed U.S. inflation picked up as expected in February, although most investor focus was squarely on the oil price and on the chances that the U.S.-Israeli war on Iran could have a longer-term impac ...
2 hours ago
Stocks fall, dollar edges up after US inflation; focus squarely on oil
BOSTON/LONDON, March 11 : Wall Street shares fell but the dollar held firm on Wednesday, after data showed U.S. inflation picked up as expected in February, although most investor focus was squarely on the oil price and on the chances that the U.S.-Israeli war on Iran could have a longer-term impact ...
2 hours ago
Wall Street mixed as investors assess IEA announcement, inflation data
[NEW YORK] Wall Street’s main indexes were mixed on Wednesday (Mar 11) as investors assessed a key inflation report and the International...
2 hours ago
Wall St opens mixed as investors assess inflation data
[NEW YORK] Wall Street’s main indexes opened mixed on Wednesday (Mar 11) as investors assessed a key inflation report.
3 hours ago
UI Boustead Reit’s public offer of 33.9 million units 2.9 times subscribed
Shikhar Gupta - The counter is expected to begin trading at 2 pm on Mar 12
3 hours ago
Q&M on acquisition binge with MOU to acquire dental group in Australia for A$144.5 mil
The Edge Singapore - Just one week after Q&M Dental Group announced plans to acquire a local rival dental chain, it has announced a much bigger deal to acquire an unnamed dental group in Australia. According to Q&M, this acquisition, first flagged by The Edge Singapore in a story published on March 5, will help ...
3 hours ago
Iran tells world 'get ready for US$200 a barrel'
The warning comes as three more ships came under attack in the blockaded Gulf
4 hours ago
GoTo earnings forecast tops estimates after cost reductions
Growth cooled from its breakneck pace as the firm pivots to focus on profitability
4 hours ago
Japan's MUFG, State Bank of India partner to finance projects, including M&A
MUMBAI, March 11 : Japan's Mitsubishi UFJ Financial Group (MUFG) and the State Bank of India (SBI) on Wednesday announced a strategic partnership to structure and finance projects, including mergers, acquisitions and real estate financing for Indian and global clients.The alliance follows recen ...
4 hours ago
IPO of UI Boustead REIT is 3.3 times subscribed
Teo Zheng Long - The IPO of UI Boustead REIT is 3.3 times subscribed. A total of 677,175,200 units were sold, with 33.9 million units sold to retail investors. This IPO, which raised $973.6 million, is priced at 88 cents each, which implies a price/NAV of 1.0 time and projected distribution yield of 7.8% for FY2027. ...
4 hours ago
Nvidia to invest $2 billion in neocloud Nebius amid AI data center push
March 11 : Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker's growing list of investments in AI firms and data center infrastructure. U.S.-listed shares of Amsterdam-based Nebius jumped over 10 per cent in premar ...
4 hours ago
Nvidia to invest $2 billion in AI cloud firm Nebius
March 11 : Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker's growing list of investments in AI firms. U.S.-listed shares of Amsterdam-based Nebius jumped nearly 10 per cent in premarket trading.The companies sai ...
4 hours ago
Zoox and Uber tie up to deploy robotaxis on ride-hailing network
March 11 : Uber Technologies signed a multi-year partnership to deploy Zoox's purpose-built robotaxis to its platform, the companies said on Wednesday, marking the latter's first venture with a third-party ride-hailing service.Despite lagging behind industry leader Alphabet's Waymo in ...
5 hours ago
The Assembly Place to operate workers' dormitory JV with S11
The Edge Singapore - Co-living operator The Assembly Place Holdings has set up a 60-40 joint venture with S11 Granuity Management to operate a purpose-built migrant worker dormitory. The dormitory, with 886 beds, is at 2 Seletar North Link, which is a property under S11, an existing operator of worker dormitories. This ...
5 hours ago
OG denies conspiracy claims to injure Hao Mart and owner in lawsuit involving GCB mortgage
Paige Lim - This is one of four lawsuits involving OG and Hao Mart relating to the lease of the Taste Orchard premises
5 hours ago
Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals
Tessa Oh - Blackstone Asia Real Estate Partners and Brazen Sky are pursuing other workarounds, such as winding up relevant entities
5 hours ago
Spain to launch tool to monitor hate on social media, PM Sanchez says
MADRID, March 11 : Spain will launch a tool to measure hate speech on digital platforms as part of a broader strategy to increase oversight of social media companies, Prime Minister Pedro Sanchez said on Wednesday.The country announced a wider plan last month to regulate social media, including a ba ...
5 hours ago
Private credit not in a bubble: Hamilton Lane 2026 market overview
Benjamin Cher - Private markets log the second-highest year for aggregate distributions in 2025
5 hours ago
US firm Quantinuum expands to Singapore with new R&D hub
Jermaine Fok - The company will deploy its advanced quantum computer here, making it the city-state’s first commercial one
5 hours ago
Japan to release part of oil reserves from private sector, state stockpile, PM says
TOKYO, March 11 : Japan plans to release 15 days worth of private-sector oil reserves and one month's worth of state oil reserves, Prime Minister Sanae Takaichi said on Wednesday.
5 hours ago
Taiwan's Pegatron, GlobalWafers see no immediate risk from Middle East war
TAIPEI, March 11 : Two major Taiwanese technology companies crucial to the global consumer electronics and semiconductor supply chain said on Wednesday the conflict in the Middle East had not yet disrupted their operations, though one top executive expressed hopes for the war to end swiftly.The esca ...
6 hours ago
OG calls Hao Mart’s lawsuit involving Jervois Hill GCB an 'abuse of process’
In a recently filed defence, OG said its former master tenant's claim of a conspiracy is legally baseless.
6 hours ago
Quince raises $500 million at $10.1 billion valuation
March 11 : Online retailer Quince said on Wednesday it has raised $500 million in a Series E funding round at a post-money valuation of $10.1 billion, signaling strong investor appetite for tech-enabled retail platforms benefitting from resilient spending by wealthy shoppers. The funding was led by ...
6 hours ago
Oracle rallies as strong revenue forecast eases concerns over massive AI bets
March 11 : Oracle shares surged about 10 per cent before the bell on Wednesday after the software giant's upbeat revenue forecast calmed worries over faster returns from its hefty spending on artificial intelligence infrastructure.The company has poured billions of dollars toward building data ...
6 hours ago
Singapore blue chips edge up 0.1% as lower oil prices ease war anxieties
Tay Peck Gek - The iEdge Singapore Next 50 Index also rose 20.06 points or 1.4% to 1,437.12 points
6 hours ago
Newly-listed UltraGreen.ai joins three SGX ‘veteran’ stocks on iEdge Singapore Next 50 Indices
Lin Daoyi - Listed on the Singapore Exchange in December 2025, UltraGreen.ai will join Haw Par Corp, GuocoLand and Valuemax Group on the iEdge Singapore Next 50 indices on Mar 23. In a press release on the indices’ quarterly review, SGX announced that the afore-mentioned four counters will replace Banyan Tree ...