2 hours ago
Oil shipments rise in Hormuz although questions grow over Iran’s transit terms
Ships resumed broadcasting positions as they transited the strait
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 hours ago
Brent falls as Israel, Hizbollah agree to ceasefire
At US$79 a barrel by 1303 GMT, it is down US$0.85 or 1.1%
4 hours ago
Brazil's Lula signs decree to freeze illegal betting platform funds
BRASILIA/SAO PAULO, June 19 : Brazilian President Luiz Inacio Lula da Silva has signed a decree allowing the government to freeze funds from companies operating illegal online betting platforms, with the money to be directed to public security actions, he said in a social media post on Friday.• In ...
4 hours ago
STI appears set for 5,740 as firmer interest rates stymie REIT index
Goola Warden - At new Fed Chair Kevin Warsh's first Federal Open Market Committee (FOMC) meeting on June 16-17, the Federal Reserve’s Fed Funds Target Rate (FFTR) remained at 3.50%–3.75% as widely expected, with a unanimous vote (12-0). However, the dot plot pointed to nine officials penciling in at least ...
5 hours ago
Ambani’s Jio Platforms files for long-awaited India IPO
The IPO could raise more than US$4 billion
5 hours ago
Crude oil ‘caught up in cautious enthusiasm’ over US-Iran peace deal, but analysts don’t expect further price easing soon
Benicia Tan - Markets are pricing in a normalisation in Hormuz flows, but observers say the process could take around six months
5 hours ago
BMW preparing talks with employee representatives after slashing profit outlook
It’s working on viable solutions – through dialogue and with a sense of responsibility toward employees
6 hours ago
India’s long-delayed NSE IPO sets up US$2.6 billion windfall for top investors
The listing is a pure offer-for-sale, with existing shareholders offering to sell about 6% of the exchange’s equity
7 hours ago
France mobilises €13 billion for tech sovereignty funding push
PARIS, June 19 : France has mobilised €13 billion ($14.89 billion) in additional institutional investor funding under the third phase of its Tibi initiative to finance French and European technology companies, the finance ministry said on Friday.The new phase aims to bring the envelope to €15 bi ...
7 hours ago
Singapore’s competition watchdog unveils new measures to speed up investigation resolution
Shikhar Gupta - The guidelines allow a discount of up to 30% for firms resolving infringements under the Fast Track Procedure
7 hours ago
Singapore shares end lower; STI down 0.4%
DFI Retail Group leads the gainers on the blue-chip index, rising 4.2% or US$0.15 to end at US$3.68
8 hours ago
Investors see Micron earnings as pulse check of AI rally momentum
NEW YORK, June 19 : Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology earnings will check the pulse of chip demand to see if it is still accelerating.Despite a sharp mid-week selloff, major U.S. ...
8 hours ago
Online brokerage Longbridge opens Singapore office at Asia Square Tower 2
Shikhar Gupta - A second facility, named Longbridge Cafe, is set to open in Q4 2026
8 hours ago
AI-generated ads should be exempt from EU transparency rules, retail association says
LONDON, June 19 : Eurocommerce, the European retail association whose members include Amazon, H&M, Inditex, and Ikea, is asking EU tech chief Henna Virkkunen to exempt AI-generated advertisements from the bloc's new regulation requiring disclosure of AI use.The European Union AI Act, which ...
8 hours ago
Mapletree CFO Wendy Koh appointed as Temasek’s new CFO
Janice Lim - She assumes the role fully on Oct 1; at Mapletree, Wong Mun Hoong will step into her vacated post
9 hours ago
Japan utilities welcome nuclear replacement targets, seek stronger policy support
TOKYO, June 19 : Japan's power industry welcomed the government's roadmap for the future replacement of nuclear reactors as a key step towards securing the workforce and supply chains needed to sustain the sector, but its top lobbyist on Friday called for greater policy support to encourag ...
9 hours ago
Stanchart overweights US equities despite no rate cut in 2026, expects S&P 500 to reach 7,950 by mid-2027
Lin Daoyi - In its 2H2026 investment outlook issued on June 19, Standard Chartered’s chief investment office is sanguine about the US stock market despite forecasting the US Federal Reserve Funds interest rate to remain steady, ranging between 3.5%-3.75% for the rest of 2026, with a 25 bps decrease only comin ...
9 hours ago
Stanchart likes US equities despite no rate cut in 2026, expects S&P 500 to reach 7,950 by mid-2027
Lin Daoyi - In its 2H2026 investment outlook issued on June 19, Standard Chartered’s chief investment office is sanguine about the US stock market despite forecasting the US interest rate to remain steady for the rest of 2026, with a 25 bps decrease only coming in the first half of 2027. The bank has a target ...
9 hours ago
Amazon points to water conservation steps in India amid data centre scrutiny
MUMBAI, June 19 : Amazon said on Friday its Indian operations had reached a major milestone in water conservation, at a time when global tech giants face increasing pressure over their expansion of resource-hungry AI data centres.The U.S.-based company announced it had turned "water positive&qu ...
9 hours ago
Deep-sea denizens go years without food with clever biological fix
June 19 : A pill bug dwelling under a garden pot curls its body into a tiny armored ball as self-defense. Far below the ocean surface, some of its much larger relatives face a harder problem: how to stay alive when the next meal may not come for years.Those creatures are called deep-sea isopods, a g ...
9 hours ago
BOE unveils doomsday scenario for private markets stress test
46 firms have agreed to take part
9 hours ago
Nikkei posts sharpest weekly gain in nearly two years on AI shares rally
It posted a 7.9 per cent rise for the week, its sharpest weekly gain since August 2024
9 hours ago
Bank of Japan Governor Ueda discharged from hospital
Ueda missed the BOJ’s policy meeting on Tuesday
10 hours ago
European stocks muted as US-Iran peace talks called off
Switzerland said US talks with Iranian negotiators would not take place on Friday
10 hours ago
Mapletree Investments’ CFO Wendy Koh to join Temasek as CFO
Jovi Ho - Temasek has announced the appointment of Wendy Koh as chief financial officer-designate, effective Aug 1. Koh will assume the role of Temasek’s chief financial officer (CFO) on Oct 1. Koh joins Temasek from the unlisted Mapletree Investments, where she is currently group CFO. Png Chin Yee will rel ...
10 hours ago
CSE Global’s board clash: Who are Eugene Lai and Tan Chian Khong?
Deon Loke - The Business Times looks into the recent dispute
10 hours ago
BOJ may raise interest rates twice by March, says ex-BOJ policymaker
TOKYO, June 19 : The Bank of Japan may raise interest rates twice by the end of the current fiscal year, after making a landmark shift in its policy focus toward mounting inflation risk, former board member Makoto Sakurai said on Friday.The central bank justified Tuesday's decision to raise its ...
10 hours ago
Australian shares decline nearly 1% as BHP warning, rate fears hit miners, banks
[SYDNEY] Australian shares closed nearly 1 per cent lower on Friday (Jun 19), marking their steepest fall in two weeks, as sentiment...
11 hours ago
Vietnam loosens bank safeguards to spur growth, stoking prudential concerns
Jamille Tran - Regulatory relief may be ‘pragmatic’, but analysts warn of systemic risks
11 hours ago
Cirque du Soleil finds AI business case behind the Big Top
Nurdianah Md Nur - Kooza, Cirque du Soleil’s touring acrobatics show, needs seven days to raise its blue-and-yellow Big Top. It travels with 56 artists from 19 countries, more than 1,200 handcrafted costume pieces and a live band. After drawing Singapore audiences back to Bayfront Event Space earlier this year, the ...
12 hours ago
Rheinmetall to start talks on Japan defence production, Nikkei reports
June 19 : Rheinmetall is looking to establish its first defence-related manufacturing facility in Japan, potentially through a joint venture with a Japanese company as it targets both the local market and export, the Nikkei newspaper reported on Friday, citing the German defence company's CEO.& ...
12 hours ago
Key to the future: What is digital asset custody, and how does it work?
Elysia Tan - As the regulatory framework matures and client base expands, trusted custody solutions are growing in importance
12 hours ago
Investors in SGX-listed companies can access more research reports after expansion of coverage scheme
Ranamita Chakraborty - Since July 2025, 16 firms have joined Gems, bringing the total number of participating research firms to 29
12 hours ago
Investors in SGX-listed companies can access more research reports after coverage scheme was expanded
Ranamita Chakraborty - Since July 2025, 16 firms have joined Gems, bringing the total number of participating research firms to 29