27 minutes ago
CGSI cuts SIA’s earnings projections for FY2027 by nearly 40% as fuel prices surge
Tay Peck Gek - The research house has also trimmed its forecast for the group’s FY2026 core net profit by 4%
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
31 minutes ago
No price hike for Mediacorp’s World Cup subscription as fees stay at S$98 and S$118
[SINGAPORE] There will be no price hike for the 2026 World Cup subscription plans in Singapore, after Mediacorp announced that fans here...
54 minutes ago
France to announce measures to favour data centres in coming weeks, Finance Minister says
PARIS, April 2 : French Finance Minister Roland Lescure said on Thursday his government expects to announce in the coming weeks new measures to encourage setting up data centres in the country.He added investors in Japan are looking at Europe to install data centres.
54 minutes ago
Barclays’ private banking head Evonne Tan to be CEO of Schroders Asia Wealth Management from Jul 1
Her appointment comes as the private bank aims to ramp up investment in Asia
57 minutes ago
The real shine behind Singapore’s golden ambitions is not in gold’s meteoric price increase
Jude Chan - Investors are faring well with listed gold counters hitting fresh highs, but the Republic is also aiming to benefit with the region’s...
1 hour ago
Indonesia completes stock market reforms requested by index providers, official says
JAKARTA, April 2 : Indonesia has completed the stock market reforms that were requested by index providers, a senior official said on Thursday, part of efforts to restore investor confidence in Southeast Asia's biggest economy.Authorities will publish a list of stocks with high shareholder conc ...
2 hours ago
BOJ may be overlooking real risk from Iran war, says ex-central bank official
TOKYO, April 2 : Japan's economy may face supply shocks and slumping demand from the Iran war, a risk the central bank may be overlooking by focusing on inflationary pressures, former central bank official Nobuyasu Atago said on Thursday.A slew of recent hawkish communication from the Bank of J ...
2 hours ago
Malaysia Airlines parent's earnings rise in 2025, but Middle East conflict clouds outlook
MAG warned that geopolitical uncertainties continue to affect capacity, supply chains and cost structures
2 hours ago
Trump's fresh Iran threats give investors a risk-off reality check
April 2 : President Donald Trump's threat to bomb Iran back to the Stone Age has sharply raised stakes in a war now in its fifth week and crushed investors' hopes for a swift end to a conflict that is squeezing oil supplies and fanning inflation.Global markets recoiled on Thursday as war j ...
2 hours ago
Light at last for Hong Kong's Central office market after 7-year slump
HONG KONG, April 2 : Hong Kong's Grade-A office market in the city's financial core is finally hitting a floor after nearly seven years of decline, buoyed by a roaring capital market that is boosting demand from both mainland Chinese and multinational firms, realtors said.The turnaround fo ...
3 hours ago
Share buybacks driving OCBC’s stock into new territory: analysts
Chloe Lim - Investors also like lender’s robust wealth business and net new money momentum in Q4
3 hours ago
Share buyback scheme has helped OCBC’s recent sector outperformance: analysts
Chloe Lim - Broader investor discussions also note positives such as lender’s robust wealth flows and net new money momentum in Q4
3 hours ago
Treasury yields spike as Trump offers no respite for inflation fears amid Middle East crisis
[SYDNEY] - Treasury yields were jerked higher in Asia on Thursday (Apr 2) as dashed hopes for an early end to the...
3 hours ago
Global central banks mostly on hold as war muddies economic outlook
NEW YORK, April 2 : Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook.Policymakers across both developed and emerging markets ...
3 hours ago
Nvidia chips probe in S’pore: CFO of local tech firm becomes fourth executive to be charged
Jenny Lim of Aperia Cloud Services was handed one charge for fraud by the District Court in Singapore on April 2.
3 hours ago
CapitaLand Investment to speed up divestments, capital recycling in China portfolio
Deon Loke - Market softness in China triggers higher revaluation losses in FY2025
3 hours ago
High order backlog, global ‘defence inflexion point’: Analysts positive on ST Engineering’s contract win
Shikhar Gupta - Views on the company’s outlook, however, are mixed
3 hours ago
High order backlog, global defence inflection point: Analysts positive on ST Engineering’s contract win
Shikhar Gupta - While analysts are mixed on the company’s outlook, the contract win is seen positively
3 hours ago
CGSI downgrades ST Engineering to ‘hold’ on potential de-escalation of Middle East conflict
Shikhar Gupta - Still, its and Citi’s analysts view its increasing foothold in the Middle East positively
3 hours ago
Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism
SYDNEY, April 2 : People who show violent extremist tendencies on ChatGPT will be directed to human and chatbot‑based deradicalisation support through a new tool in development in New Zealand, the people behind it said.The initiative is the latest attempt to address safety concerns in the face of ...
5 hours ago
China drains cash from economy in rare pullback during oil shock
CHINA’S central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its...
6 hours ago
Gold falls as Trump gives no clarity on ending Iran war
It has dropped 11 per cent in March, its worst monthly loss since 2008
6 hours ago
Malaysia Aviation Group reports higher profits in 2025
KUALA LUMPUR, April 2 : Malaysia Aviation Group, the operator of national carrier Malaysia Airlines, said on Thursday that its 2025 profits increased compared to the previous year amid sustained travel demand and better network optimisation. MAG, owned by Malaysian sovereign wealth fund Khazanah Nas ...
7 hours ago
Stocks slide, dollar advances after Trump speech on Iran war
Stocks retreated after US President Donald Trump said the US would strike Iran "extremely hard" over the next two to three weeks.
7 hours ago
China’s worst tech earnings in three years signal tough comeback
CHINESE technology companies reported their weakest quarterly profit growth in three years, leaving more doubt for investors looking for a recovery in...
8 hours ago
Watch live: US President Donald Trump addresses nation on Iran war
[WASHINGTON, D.C.] US President Donald Trump is delivering a prime-time national address on the Iran war. Watch his speech live via the...
8 hours ago
Nikkei rises on Middle East de-escalation hopes ahead of Trump speech
[TOKYO] Japan’s Nikkei share average rose on Thursday, lifted by hopes of a de-escalation in the Middle East conflict, with investors awaiting...
8 hours ago
Dollar gains as Trump sets no clear Iran ceasefire timeline in speech
HONG KONG, April 2 : The dollar advanced against major currencies on Thursday, reversing two days of losses, after U.S. President Donald Trump's address on Iran shattered hopes for a possible ceasefire in the Middle East conflict that has rattled investors and roiled markets. In Trump's na ...
8 hours ago
Dollar gains as Trump vows more strikes on Iran
HONG KONG, April 2 : The dollar advanced against major currencies on Thursday, reversing two days of losses, as U.S. President Donald Trump's address on Iran shattered hopes for a swift end to the Middle East conflict and dented investor sentiment. In an eagerly anticipated address, the preside ...
8 hours ago
Dollar jumps as Trump pledges more Iran strikes
HONG KONG, April 2 : The dollar rose sharply on Thursday after U.S. President Donald Trump's address on Iran shattered hopes for a swift end to the conflict, sending investors towards safe-haven assets as oil prices jumped and stocks tumbled.In an eagerly anticipated address, Trump vowed more a ...
8 hours ago
Currencies tread water as investors brace for Trump's Iran address
HONG KONG, April 2 : Major currencies held steady in thin trading on Thursday, as investors awaited a high-stakes televised address from U.S. President Donald Trump that is expected to shed light on a possible ceasefire in the Gulf war.In Trump's national address scheduled for 9 p.m. EDT (0100 ...
8 hours ago
US set to roll out tiered tariffs on steel, aluminum imports
Tariffs will be shifted from content to the full value of the imported product
8 hours ago
Stocks to watch: ST Engineering, Nio, Yangzijiang Shipbuilding, China Everbright Water
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 2):
8 hours ago
Oil prices drop on hopes of US pullback from Iran war
BEIJING, April 2 : Oil prices fell more than $1 early on Thursday as markets awaited an address to the nation by President Donald Trump that could signal a U.S. pullback from the war in Iran. Brent crude futures fell $1.16, or 1.15 per cent, to $100 per barrel by 1204 GMT. U.S. West Texas Intermedia ...