29 minutes ago
Thailand’s bond slump seen deepening as inflation concerns mount
The nation is particularly exposed to energy shocks, with more than half of its oil imports sourced from the Middle East
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
37 minutes ago
Dollar steadies as fragile US-Iran ceasefire weighs on markets
TOKYO, April 9 : The dollar caught its breath in early Thursday trade after broad losses, as investors anxiously assessed whether a fragile two-week ceasefire between the United States and Iran would hold.The dollar index,, which measures the greenback against a basket of currencies including the ye ...
53 minutes ago
Asia stocks turn cautious as reality intrudes in Gulf
SYDNEY, April 9 : Asian share markets were in a more sober mood on Thursday as cracks quickly began to appear in the fragile Gulf ceasefire, nudging oil prices back up and reminding investors the inflationary fallout will last for a long time yet.There was scant sign that the Strait of Hormuz was op ...
54 minutes ago
Disney plans to cut 1,000 jobs, WSJ reports
April 8 : Disney is planning to cut as many as 1,000 positions in the coming weeks, many of which will be made in the company's marketing department, the Wall Street Journal reported on Wednesday, citing sources.Reuters could not immediately verify the report. Disney did not immediately respond ...
60 minutes ago
Plastic prices spiking 55% has toymaker worried about Christmas inventory
While the US petrochemical market is more insulated, consumer packaging firms are already feeling the strain
1 hour ago
Stocks to watch: Seatrium, SIA Engineering
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 9):
2 hours ago
Hyundai reroutes ships with Hormuz blockage disrupting supplies
The company is seeking to source more components locally in Europe rather than ship them from South Korea
2 hours ago
Fed minutes from March meeting show growing openness to rate hikes
WASHINGTON: A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to exceed the central bank's 2 per cent target, particularly given the inflationary impact of the US-Israeli war with Iran, according to the m ...
3 hours ago
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Chloe Lim - FDI makes up 72.5% of inflows to Cambodia, Malaysia, Laos, Indonesia, the Philippines and Vietnam
3 hours ago
New Zealand central bank governor still expects economic growth in 2026
[WELLINGTON] New Zealand Reserve Bank Governor Anna Breman said on Thursday that she still expected to see the country’s economy grow in...
3 hours ago
BYD eyes more Porsche hires for luxury line’s Europe push
European manufacturers are grappling with poor sales of their priciest EVs and muted demand in China
3 hours ago
US Fed’s Daly says US economic fundamentals in a ‘good place’
SAN Francisco Federal Reserve President Mary Daly on Wednesday said the US economy is fundamentally in a “good place” despite sharply higher oil prices...
3 hours ago
Oil rises as investors remain wary US-Iran ceasefire will open supply flow
BEIJING, April 9 : Oil prices rose on Thursday on investors' concerns supply from the key Middle East producing region may not fully resume amid doubts the two-week ceasefire between the U.S. and Iran will hold and as the crucial Strait of Hormuz remains restricted. Brent crude futures were up ...
3 hours ago
US crude futures rise after settling previous session with biggest fall in six years
BEIJING, April 9 : U.S. crude futures rose on Thursday morning after settling with the biggest fall since April 2020 during the previous trading session, after U.S. President Donald Trump agreed to a two-week ceasefire with Iran.U.S. West Texas Intermediate (WTI) crude rose $2.68, or 2.84 per cent, ...
3 hours ago
US court declines to block Pentagon's Anthropic blacklisting for now
(Corrects dateline to April 8. No changes to text)By Jack QueenNEW YORK, April 8 : A Washington, D.C., federal appeals court on Wednesday declined to block the Pentagon's national security blacklisting of Anthropic for now, a win for the Trump administration that comes after another appeals cou ...
3 hours ago
Gold pares gains after Iran says ceasefire deal with US violated
Since the war in the Middle East began, bullion has traded largely in tandem with stocks
3 hours ago
US Fed rate cut bets revived, a bit, by Iran war ceasefire
FEDERAL Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran...
3 hours ago
Oil rises after biggest drop since 2020 as Hormuz stays blocked amid Iran war ceasefire
Even once the strait transit picks up, the return of energy supplies will not be instant
3 hours ago
Oil rises after biggest drop since 2020 as Hormuz stays blocked
Even once the strait transit picks up, the return of energy supplies will not be instant
3 hours ago
Oil and gas prices plunge after US, Iran agree to ceasefire deal
Even once Hormuz transit increases, the return of energy supplies won’t be immediate
3 hours ago
OpenAI will reserve portion of IPO shares for retail investors, CFO tells CNBC
April 8 : OpenAI plans to reserve a portion of its shares from an initial public offering for individual investors, CFO Sarah Friar told CNBC on Wednesday, as the ChatGPT maker gears up for a highly anticipated U.S. stock market listing.The AI startup is laying the groundwork for an IPO that could v ...
3 hours ago
US Fed minutes show officials saw two-sided risks from Iran war
Several policymakers have since signalled a desire to hold rates steady as they gauge the war’s fallout
4 hours ago
US set to ease power limits on space-based broadband
WASHINGTON, April 8 : The Federal Communications Commission is set to approve rule revisions this month to ease power limits on satellite spectrum use, giving a major boost to space-based broadband services such as SpaceX's Starlink. The FCC said on Wednesday it would vote on April 30 on a meas ...
4 hours ago
European stocks logs best day in a year as Iran truce fuels relief rally
EUROPEAN shares jumped more than 3 per cent on Wednesday after US President Donald Trump agreed to a two-week ceasefire with Iran,...
4 hours ago
US stocks: Wall Street ends sharply higher on US-Iran ceasefire
[NEW YORK] US stocks closed sharply higher on Wednesday after a last-minute, two-week ceasefire agreement between the United States and Iran lifted investor sentiment.
5 hours ago
Applied Digital's quarterly net loss widens on rising costs, one-time charge
April 8 : Applied Digital's third-quarter net loss widened from last year due to rising expenses and a charge tied to its cloud business, overshadowing the company's revenue beat on the back of strong demand for its data center services.Shares of the company fell 3 per cent in extended tra ...
5 hours ago
Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand
April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications.Big tech and AI companies are racing to lock in power and data center capacity, signing long-term deals w ...
5 hours ago
Applied Digital beats quarterly revenue estimates as AI infrastructure demand soars
April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications.Shares of the Dallas, Texas-based data center operator rose about 2 per cent in extended trading. The sto ...
9 hours ago
Citigroup says AI helps speed account openings and systems upgrades
NEW YORK, April 8 : Citigroup is using artificial intelligence to speed up account openings and the retirement of old software, the U.S. bank's head of technology, Tim Ryan, said, as the firm pushes to improve productivity. U.S. banks are embracing AI, the biggest technological upheaval to the ...
9 hours ago
Innotek seeks to raise up to $16 mil by placing out new shares at 65.06 cents; CEO undertakes vendor share sale
Teo Zheng Long - Innotek (SGX: M14 ) plans to raise up to $16 million by placing out up to 24.6 million new shares at 65.06 cents each. The placement price represents a discount of approximately 9.5% to the volume weighted average price of 71.89 cents, based on the last full market day of April 2. The placement shar ...
9 hours ago
Meta unveils first AI model from costly superintelligence team
April 8 : Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with rivals in the AI race.U.S. tech giants are under pressure to prove their massive AI outlays will pay off. The stakes are especially high for M ...
10 hours ago
Seatrium sets up S$3 billion multicurrency debt issuance programme
Chong Xin Wei - The net proceeds will be used to refinance existing borrowings and fund potential acquisitions, among other things
10 hours ago
Developing countries in Europe, Central Asia face slowdown, World Bank says
Growth across the region is expected to slow to 2.1% in 2026, from 2.6% in 2025
11 hours ago
Traders place large $950 million bet on oil price falling hours ahead of ceasefire
LONDON, April 8 : Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire, the latest large wager on the direction of the world's most traded commodity ahead of a major policy announcement by President Donald Trump.On Tu ...