32 minutes ago
Wall Street advances as investors bet on Middle East de-escalation
The oil price spike has revived inflation worries, complicating the interest-rate outlook of central banks
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
41 minutes ago
Oil prices drop 2% as Iran considers US proposal to end war
Extreme price swings in recent weeks boosted both crude benchmarks’ historic volatility
52 minutes ago
Europe’s Stoxx 600 gains over 1% on Middle East ceasefire hopes
The major regional bourses also advanced more than 1%
1 hour ago
Keppel CEO Loh Chin Hua bets on AI, energy transition to drive S$200 billion ambition
Jude Chan - The asset manager expects to cross S$100 billion in funds under management this year
1 hour ago
Oil prices slip, stocks rally as Washington, Tehran bicker over talks
Oil prices fell and global stocks rose as analyst Jack Ablin said investors were "really just latching on to any promising news right now."
2 hours ago
Explainer-What comes next after the social media trial verdicts?
March 25 : - Recent jury verdicts in California and New Mexico involving Meta Platforms and Alphabet's Google are sharpening scrutiny of social media companies as plaintiffs advance legal theories aimed at holding platforms liable for harm to children. Here's a look at how the cases could ...
2 hours ago
Travel tech firm Navan sees strong 2027 revenue on demand from new customers
March 25 : Corporate travel booking agency Navan on Wednesday forecast 2027 revenue above Wall Street estimates, banking on strong demand from on-boarding new company clients to its platform.Shares of Navan rose over 15 per cent in aftermarket trading. The Palo Alto, California-based firm makes a bu ...
5 hours ago
Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million
March 25 : Indian IT services firm Infosys said on Wednesday it had entered into separate agreements to acquire U.S.-based technology companies Optimum Healthcare IT and Stratus in all-cash deals.Infosys will buy healthcare consulting firm Optimum Healthcare IT for $465 million and insurance technol ...
6 hours ago
US jury finds Meta and Google liable in social media addiction trial
LOS ANGELES, March 25 : A Los Angeles jury found Alphabet's Google and Meta liable for $3 million in damages on Wednesday in a landmark social media addiction lawsuit. The outcome could influence thousands of similar cases against the tech companies brought by parents, attorneys general and sch ...
6 hours ago
Jury reaches verdict in Meta, Google trial on social media addiction
LOS ANGELES, March 25 : A Los Angeles jury reached a verdict on Wednesday in a landmark social media addiction trial that involves Meta's Instagram and Google's YouTube, according to spokespeople for the plaintiff and Meta.The jury is expected to read the verdict on Wednesday.The outcome c ...
6 hours ago
SpaceX IPO leaves some private share buyers unsure what they own
NEW YORK, March 25 : Entrepreneur Tejpaul Bhatia is confident he owns a slice of Elon Musk’s SpaceX. But he can't be 100 per cent sure.When the former Google executive entered the space industry in 2021, SpaceX was already one of the world’s most sought‑after private companies, valued at ...
7 hours ago
Genetic study identifies earliest-known dog, dating to 15,800 years ago
WASHINGTON, March 25 : Dogs have been loyal companions to people since we made them our first domesticated animals, descending long ago from gray wolves - though precisely when, where and why have remained unanswered. New genetic research now is offering valuable insight, including identifying the e ...
7 hours ago
Dollar firms as markets weigh Iran diplomacy
NEW YORK, March 25 : The dollar advanced against major currencies on Wednesday, as traders weighed global inflation trends and remained skeptical of de-escalation in the Iran war.Iran is still reviewing a U.S. proposal to end the conflict, despite an initially negative response, stopping short of re ...
7 hours ago
Dollar gains on scepticism over Iran war de-escalation
NEW YORK/LONDON, March 25 : The dollar extended gains against major currencies on Wednesday, as traders focused on global inflation trends while sceptical of a near-term de-escalation in the Iran war.While reports said the U.S. sent a 15-point plan for discussion to Tehran, Israel and Iran exchanged ...
8 hours ago
Meta is cutting several hundred jobs amid record AI spending
The layoffs will affect employees both in the US and other international markets
8 hours ago
Legal software firm Harvey valued at $11 billion in latest funding round
March 25 : Legal software firm Harvey has raised $200 million at an $11 billion valuation and will use some of the funds to expand its artificial intelligence agent as investor appetite for AI tools accelerates.AI agents, which plan, decide and act autonomously, have become venture capital's mo ...
8 hours ago
Certain Koh Brothers shareholders want distribution in specie of Oiltek International shares
The Edge Singapore - Koh Brothers Group has again received request from unnamed shareholders who are eyeing a distribution in specie of shares of its indirect subsidiary, Oiltek International. Oiltek, as indicated in its FY2024 annual report, is 68.14% held by Koh Brothers Eco Engineering, which in turn is 54.81%-held b ...
8 hours ago
Meta is laying off hundreds of employees, source says
March 25 : Meta Platforms is laying off a few hundred people across multiple teams on Wednesday, a source familiar with the matter told Reuters.Reuters reported earlier this month that Meta was planning sweeping layoffs that could affect 20 per cent or more of the company's workforce and that t ...
8 hours ago
Meta to lay off hundreds of employees, The Information reports
March 25 : Meta Platforms will lay off a few hundred people across its Reality Labs division, social media teams and recruiting operations on Wednesday, The Information reported, citing two people familiar with the matter. Reuters reported earlier this month that Meta was planning sweeping layoffs t ...
9 hours ago
Wall Street opens higher on hopes of Middle East de-escalation
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Mar 25) as prospects of a de-escalation in the Middle East conflict...
9 hours ago
Barclays pulls back on asset-based lending after MFS, Tricolor
The British bank is shifting its focus to loans and securitisations for larger corporates
9 hours ago
Trump to name Zuckerberg, Ellison, Huang to tech panel, WSJ reports
March 25 : U.S. President Donald Trump plans to appoint Meta Platforms CEO Mark Zuckerberg, Oracle Executive Chairman Larry Ellison and Nvidia CEO Jensen Huang to a panel that weighs in on AI policy and other issues, WSJ reported on Wednesday
10 hours ago
SLB expands Nvidia partnership to develop AI infrastructure for energy sector
March 25 : Oilfield services company SLB said on Wednesday it would expand its partnership with Nvidia to develop artificial intelligence infrastructure and models for the energy industry, as companies look to scale up use of the technology.The deal builds on the two companies' partnership, whi ...
10 hours ago
Fosun Resort chain Club Med considers Hong Kong IPO: sources
The French group is in talks with banks about working on the potential share sale
10 hours ago
China Eastern Airlines to buy 101 Airbus aircraft for around US$15.8 billion
The aircraft are scheduled to be delivered from 2028 to 2032
10 hours ago
Independent investigation finds ‘no impropriety’ as C-suite drama erupts at Hong Lai Huat
Jude Chan - A spat with the group CEO’s son was ‘at most, a contributing factor’ to Lai Seng Fatt’s resignation as CFO
10 hours ago
Independent probe finds ‘no impropriety’ as C-suite drama erupts at Hong Lai Huat
Jude Chan - A spat with the group CEO’s son was ‘at most, a contributing factor’ to Lai Seng Fatt’s resignation as CFO
10 hours ago
Google to label verified investment apps in India amid regulatory crackdown on fraud
March 25 : Alphabet's Google will label verified investment apps on its app store in India, a move aimed at helping users spot legitimate trading platforms and avoid scams, a senior official at the Securities and Exchange Board of India said on Wednesday.Only brokers and intermediaries register ...
10 hours ago
Google to label verified investment apps in India amid scam crackdown
March 25 : Alphabets's Google will label verified investment apps on its app store in India, a move aimed at helping users spot legitimate trading platforms and avoid scams, a senior official at the country's markets regulator Securities and Exchange Board of India said on Wednesday.The mo ...
11 hours ago
Meta boosts top executives’ pay with stock options as AI race heats up
The options are the social media giant’s first for its top brass and require steep stock milestones
11 hours ago
Meituan, Alibaba shares jump as Beijing vows to end price wars
China’s market regulator holds seminar on curbing cut-throat competition, which dampens the drive to grow consumption
11 hours ago
Sustainable aviation fuel levy deferred to flights departing from Jan 1, 2027, as Gulf conflict drags on: CAAS
Chloe Lim - Singapore ‘remains firmly committed to aviation decarbonisation’, says director-general Han Kok Juan
11 hours ago
No rush by SGX listcos to embrace forward guidance; ‘phased adoption’ likely: observers
Ranamita Chakraborty - They attribute this to factors such as legacy practices and concerns about regulatory risk
11 hours ago
TT International to delist on April 2
Felicia Tan - TT International will voluntarily delist from the Singapore Exchange (SGX) at 9am on April 2, the company announced on March 25. SGX said it has “no objection” to the proposed delisting, subject to two conditions, both of which have been met. The first required the submission of a written confir ...