2 minutes ago
Bitcoin lingers near lower bound of trading range amid conflict
[NEW YORK] Bitcoin traded near the lower bound of its more-than-a-month-long trading range amid continued uncertainty about the fallout from the conflict...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
5 minutes ago
Privatisation reset puts ‘simplified’ ESR on growth path from Singapore
Ry-Anne Lim - It has pulled US$700 million in foreign capital to Singapore since July, and aims to double core AUM to more than US$80...
43 minutes ago
Japan finance minister warns of high FX volatility, signals readiness to act
TOKYO, April 3 : Japanese Finance Minister Satsuki Katayama on Friday put currency traders on notice, saying the government stands ready to act against speculative moves in foreign exchange markets as volatility has risen "significantly."The yen, trading near the psychologically key 160-pe ...
43 minutes ago
JERA's LNG purchase deal with US Commonwealth LNG terminated, DOE filing shows
TOKYO, April 3 : A long-term liquefied natural gas sales and purchase agreement entered into last year between Japan's largest power generator, JERA, and U.S. LNG developer Commonwealth LNG has been terminated, according to a document filed with the U.S. Department of Energy.Last June, JERA, al ...
1 hour ago
US$14.8 million in prepayments to vendors reason behind Mirxes’ missed 2025 results deadline; independent probe set up
Tessa Oh - The committee appoints independent professional advisers to review background, details of transactions
2 hours ago
Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran
[HOUSTON] US crude oil futures for immediate delivery next month hit their largest-ever premium over the second-month contract on Thursday, as traders...
3 hours ago
Japan's services growth slows as Middle East war dents confidence, PMI shows
TOKYO, April 3 : Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising uncertainty over the Middle East war crushed business confidence to its lowest level since the pandemic.Here are the key details: • The S&P Global final ...
3 hours ago
Europe: Shares trim losses on hopes of reopening of Strait of Hormuz
[BENGALURU] Europe’s main stock index trimmed losses on renewed hopes of a reopening of the crucial Strait of Hormuz, even as US...
3 hours ago
US: Wall Street ends mixed as worries linger before Good Friday break
[NEW YORK] US stocks ended slightly mixed on Thursday (Apr 2) after paring deeper losses, as diplomatic signals from the Middle East...
4 hours ago
Artemis capsule boost puts astronauts moon-bound for record-breaking journey
ORLANDO, Florida, April 2 : The Orion capsule carrying four astronauts in NASA's Artemis II mission executed a key thruster firing on Thursday that will kick the crew out of Earth's orbit and on a path toward the moon, committing them to reaching the farthest distance humans have ever trav ...
4 hours ago
Technology, industrial sectors lift STI Q1 total returns to 5.6%
Koh Kim Xuan - ST Engineering, Wilmar, SGX among top performing stocks for Q1
4 hours ago
Amid an emerging market bond sell-off, traders eye attractive Asean moves
Evan See - Malaysia and Philippine debt could see inflows, but Iran conflict may keep credit conditions fragile
6 hours ago
Broadcom taps Alphabet executive Amie Thuener as next CFO
April 2 : U.S. chipmaker Broadcom on Thursday named Alphabet executive Amie Thuener as its next finance chief, effective June 12, when incumbent Kirsten Spears retires.Thuener is currently Alphabet's vice president, corporate controller and chief accounting officer.In the past, she has also ser ...
7 hours ago
Amazon must negotiate with Staten Island warehouse workers, NLRB says
SAN FRANCISCO, April 2 : Amazon must negotiate with a labor union representing some 5,000 workers at a company warehouse on Staten Island, the National Labor Relations Board ruled on Wednesday.The ruling means Amazon is required to meet with representatives of the Amazon Labor Union, which formed in ...
8 hours ago
OpenAI acquires technology talk show TBPN in surprise move
April 2 : OpenAI, jostling with Anthropic for enterprise customers, has bought TBPN, an online tech talk show that has built a loyal Silicon Valley following through interviews with industry CEOs.Entrepreneurs John Coogan and Jordi Hays, who started TBPN in late 2024 with the aim of competing with i ...
9 hours ago
Dinosaur collagen used to create one-of-a-kind handbag
AMSTERDAM, April 2 : Scientists and designers unveiled on Thursday a handbag made with collagen derived from Tyrannosaurus rex fossils from the U.S. in a unique creation intended to demonstrate the value of laboratory-grown leather.The teal-coloured bag was displayed on a rock in a cage under a repl ...
9 hours ago
Exclusive-SpaceX has held talks with Saudi fund for possible $5 billion investment in IPO, sources say
NEW YORK, April 2 : Billionaire Elon Musk’s SpaceX has had discussions with Saudi Arabia’s Public Investment Fund about PIF potentially taking an anchor stake of around $5 billion in the space company’s IPO, according to two people familiar with the matter.The investment would partly prevent d ...
11 hours ago
Coinbase gets conditional US approval for trust charter
April 2 : Coinbase Global has received conditional approval from banking regulators for a national trust company charter, it said on Thursday, a move that could boost the top U.S. cryptocurrency exchange's appeal among large institutional investors. The U.S. has been taking a more crypto-friend ...
11 hours ago
Coinbase gets conditional US approval for trust charter, Bloomberg News reports
April 2 : Coinbase Global has received conditional approval from banking regulators for a national trust company charter, Bloomberg News reported on Thursday, in a move that could boost the biggest U.S. cryptocurrency exchange's appeal among large institutional investors. Full approval from the ...
11 hours ago
AI animation studio Toonstar, HarperCollins team up on animated book projects
April 2 - Artificial intelligence powered animation studio Toonstar on Thursday unveiled a multi-year partnership with News Corp-owned HarperCollins to produce a slate of original animated series based on select titles from the book publisher.The partnership aims to expand access to HarperCollins� ...
11 hours ago
Group of WTO states agrees not to impose e-commerce duties
GENEVA, April 2 : A group of states has agreed not to impose e-commerce customs duties among themselves after World Trade Organization members failed to agree on an extension to a long-running moratorium, a document showed on Thursday.Days of talks among trade ministers in Cameroon's capital Ya ...
12 hours ago
Tesla’s EV sales miss expectations again in deepening slump
The company delivers 358,023 vehicles worldwide in the first quarter
13 hours ago
Wall St opens lower after Trump's comments dent Iran resolution hopes
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Apr 2), in the last session of a holiday-truncated week, after President...
15 hours ago
Singapore stocks end lower on Thursday amid geopolitical uncertainty; STI down 0.6%
Ranamita Chakraborty - Across the broader market, decliners outnumber advancers 368 to 210, after 1.5 billion securities worth S$1.7 billion change hands
15 hours ago
DBS, Citigroup to help Blackstone’s AirTrunk list Singapore Reit: sources
Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing
15 hours ago
Blackstone’s AirTrunk picks banks for Singapore Reit IPO: sources
Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing
15 hours ago
Netflix searches for franchises after losing out on Harry Potter
LOS ANGELES, April 2 : After losing its bid for Warner Bros Discovery’s rich trove of characters and stories, Netflix is forging ahead with the challenging work of building culture-defining franchises on its own.Chief Creative Officer Bela Bajaria said Netflix would keep investing in original idea ...
16 hours ago
Competition watchdog seeks public feedback for Zuellig Pharma-Eli Lilly deal
Shikhar Gupta - Pact includes Zuellig Pharma having exclusive rights to manufacture the prescription erectile dysfunction medication, Cialis, in Singapore
17 hours ago
Indonesia publishes list of high-concentration stocks following MSCI transparency push
Elisa Valenta - It reveals the level of ownership concentration among a company’s shareholders
17 hours ago
Grab to provide delivery-partners with fuel vouchers amid rising fuel expenses
SINGAPORE: Grab Singapore will provide fuel vouchers to its delivery-partners amid rising fuel costs linked to the Middle East conflict.The move will bring its total financial support for its partners to about S$1.4 million (US$1 million), it said in a media release on Thursday (Apr 2).The company i ...
17 hours ago
Western Union completes acquisition of Singtel’s Dash
Nurdianah Md Nur - Western Union has completed its acquisition of Dash, the Singapore-based mobile wallet owned by Singtel. The deal, finalised after regulatory approvals, gives Western Union access to a platform with more than 1.4 million users in Singapore. Launched in 2014, Dash offers payments, remittances, saving ...
18 hours ago
Singapore convenes crisis committee to boost energy resilience and support amid Iran war
Elysia Tan - Firms and households can expect enhanced, earlier assistance, with targeted help for more severely affected sectors: PM Wong
18 hours ago
Singapore biotech Mirxes misses 2025 results deadline as auditors probe vendor payments
Tessa Oh - Trading in company’s shares is suspended until its results are published
18 hours ago
Singapore’s Q1 investment banking fees hit 3-year high of US$187.8 million
Deon Loke - Citi emerges tops with a 12.7% wallet share