39 minutes ago
Geo Energy diversifies into high-value coking coal with new Indonesia mine stake
Shikhar Gupta - The deal is for a 50.6% stake in Mutiara Hitam Sukses, which owns mine operator Harfa Taruna Mandiri
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
47 minutes ago
VinFast delaying break-even target to after 2027 due to growth push, sources say
HANOI, April 1 : Vietnamese electric vehicle maker VinFast now expects that it will only break even after 2027 as it pushes ahead with plans to expand rapidly while also dealing with rising costs, two people with direct knowledge of the matter said.The Nasdaq-listed startup has made forays into Indo ...
53 minutes ago
National standard for EV charging upgraded to include new tech such as wireless systems
[SINGAPORE] The standard for electric vehicle (EV) charging will be upgraded from Wednesday (April 1) to pave the way for the safe operation...
1 hour ago
Singapore rolls out driverless vehicles, one route at a time
Hyrie Rahmat - Autonomous shuttles have hit the streets at a measured pace, as the Republic navigates how they fit into its wider transport system.
1 hour ago
OCBC breaches S$100 billion market cap as shares hit record high; DBS is only other Singapore stock in elite club
Shikhar Gupta - [SINGAPORE] A record share price for OCBC has propelled the bank’s market capitalisation past the S$100 billion mark, making it one of...
1 hour ago
OCBC joins DBS in S$100 billion market capitalisation club as shares hit record high
Shikhar Gupta - The two banks are the only Singapore companies beyond that milestone
2 hours ago
SpaceX lines up 21 banks for mega IPO, code-named project Apex
More banks could still be added
2 hours ago
One year of Trump tariffs: What has changed and what’s next for South-east Asia?
Lionel Lim - The tariffs are reshaping supply chains and driving structural shifts, but the full impact is still to come
3 hours ago
Gold ticks up as dollar slips on Mideast de-escalation hopes
Gold prices edged higher on Wednesday to their highest in nearly two weeks, supported by a weaker dollar as US President Donald Trump...
4 hours ago
Indonesia offers three-year timeline to lift public float to 15%
MSCI had raised concerns over investability earlier this year
4 hours ago
Asia barters for scarce energy as Iran crisis throttles supplies
Russia could prove to be an unlikely supplier for some Asian countries after the United States issued a temporary waiver of sanctions for its attack on Ukraine.
4 hours ago
Bitcoin holds gains in Asia after five-month losing streak ends
It remains about 45 per cent below its all-time high of over US$126,000
4 hours ago
Singapore’s AI ambitions put telcos to the test, raise ‘dumb pipe’ risk
Young Zhan Heng - Singtel outage highlights strain on infrastructure and returns as data demand outpaces monetisation
4 hours ago
New IP riders kick in with lower premiums, but higher out-of-pocket costs
Ranamita Chakraborty - Insurers say out-of-pocket costs remain predictable and manageable.
4 hours ago
Cathay Cineplexes operator mm2 Asia’s 1.9-billion share lifeline dead in the water
Therese Soh - The placement was meant to raise S$14 million for debt repayment and other uses
5 hours ago
LTA, Case launch accreditation scheme for car-sharing industry in Singapore
Chloe Lim - Aim is to raise service standards across the industry, address common consumer concerns
5 hours ago
Singapore, Asia stocks surge after Trump signals war to end in two to three weeks
Deon Loke - STI rises 2% at market open; Nikkei jumps almost 4%
5 hours ago
Singapore, Asia stocks surge after Trump signals Iran war to end in two to three weeks
Deon Loke - STI rises 2% at market open; Nikkei jumps almost 4%
6 hours ago
First Reit proposes S$471.5 million divestment of Indonesia assets
Deon Loke - A special distribution of about S$9.7 million is expected to be declared after the deal
6 hours ago
Data centre operator BDx secures US$320 million facility from Indonesia banks
Benjamin Cher - It will be used to further develop its AI-focused data centre campus in Jakarta
6 hours ago
Japan, South Korea stock markets soar at open after Trump war comments
US President Donald Trump said on Tuesday that the war with Iran may be over in around two weeks.
6 hours ago
FOREX-Dollar holds firm as Middle East ceasefire hopes rise
TOKYO, April 1 : The dollar largely held steady on Wednesday as investors grew cautiously optimistic about prospects for a ceasefire in the Middle East conflict, though mixed signals kept markets on edge.The yen has recovered from this year's low of 160.46 per dollar, moving back through the ps ...
6 hours ago
Dollar holds firm as Middle East ceasefire hopes rise
TOKYO, April 1 : The dollar largely held steady on Wednesday as investors grew cautiously optimistic about prospects for a ceasefire in the Middle East conflict, though mixed signals kept markets on edge.The yen has recovered from this year's low of 160.46 per dollar, moving back through the ps ...
6 hours ago
Dollar stays stable after Trump says Iran war could finish soon
TOKYO, April 1 : The dollar was largely steady on Wednesday, with gains from safe-haven demand fading, as U.S. President Donald Trump said the war with Iran could wind down within weeks, though conflicting signals on the conflict kept investors on edge. The yen has recovered from this year's
6 hours ago
Front-month Brent oil futures extend gains after record monthly rise in March
BEIJING, April 1 : Oil prices ticked up in early Wednesday trade, with Brent front-month futures extending a record March rally as Middle East volatility kept markets jittery, despite reports that the U.S. and Iran may be edging closer to a negotiated end to the war.The front-month Brent contract fo ...
6 hours ago
Japan's factory growth slows in March as Iran war weighs, PMI shows
TOKYO, April 1 : Japan's factory activity expanded at a slower pace in March as growth in output, orders and manufacturers' confidence cooled and cost pressures hit a 19-month high due to the Middle East conflict, a private-sector survey showed on Wednesday.• The final S&P Global Jap ...
7 hours ago
Stocks to watch: OCBC, Yangzijiang Shipbuilding, City Developments, First Reit, Cordlife
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 1):
7 hours ago
Sentiment improves among Japan's big firms, but Iran war clouds outlook
TOKYO, April 1 : Business sentiment among large Japanese manufacturers improved in the three months to March, according to a closely watched survey released on Wednesday, a sign that increasing economic uncertainty from the Middle East conflict has yet to hit morale.But firms expect conditions to wo ...
7 hours ago
Hershey to change chocolate in some disputed Reese’s items
HERSHEY will change the chocolate in a small portion of its Reese’s and Hershey’s products, the latest twist in a squabble over...
7 hours ago
Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
March 31 : Microsoft, Chevron and investment fund Engine No. 1 have entered into an exclusivity agreement for power generation and supply, the three companies said on Tuesday. Technology companies, including Microsoft, are rushing to secure electricity supply for their rapidly expanding data centers ...
8 hours ago
Are CEOs paid too much? An NUS study offers insights that hopefully changes more than rules
Ben Paul - Investors should look out for the shortcomings in remuneration practices highlighted by the study in the companies in which they own shares
8 hours ago
Singapore chemical logistics growth still promising despite Middle East war: Katoen Natie execs
Sharanya Pillai - Specialty chemical producers are scaling up their plants on Jurong Island, driving demand for warehouse storage
8 hours ago
Elon Musk must face class action over late disclosure of Twitter stake, judge rules
The judge said Musk did not overcome the presumption that his alleged misrepresentations affected Twitter’s share price
8 hours ago
Nike results tops estimates as turnaround shows uneven progress
The company’s stock has lost about 17 per cent of its value in the last 12 months