51 minutes ago
OCBC, local bullion dealers see surge in gold demand despite broader sell-off
Benicia Tan - Strong investor participation in Singapore and wider Asia suggests metal’s long-term role as a hedge continues
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
58 minutes ago
Dollar near 10‑month high on Middle East escalation concerns
March 30 : The dollar was near a 10‑month high on Monday and heading for its biggest monthly gain since last July as mixed signals from Iran and the United States dimmed hopes of a possible quick end to the Middle East conflict.U.S. President Donald Trump said that Iran's new leaders have bee ...
1 hour ago
India’s boldest currency move in years brings brief rupee relief
RBI flexibility falls as FX reserves drop in March to defend the rupee following the Iran conflict
1 hour ago
Malaysia's Capital A names new deputy CEO, explores dual listing in Hong Kong
KUALA LUMPUR, March 30 : Malaysia's Capital A Berhad named a senior banker as its deputy chief executive on Monday as the group looks to scale up its core businesses after spinning off its aviation arm to its affiliate, budget airline operator AirAsia X. Effendy Shahul Hamid, a former CEO of co ...
1 hour ago
Malaysia’s role in non-China rare earth chain grows, but gaps remain
Lynas Rare Earths is now producing samarium at its plant in Pahang
1 hour ago
South Korea considers nationwide driving curbs as oil prices soar
SEOUL, March 30 : South Korea is considering extending driving curbs to the general public if global oil prices climb further, senior officials said, as authorities seek to rein in energy demand amid supply strains due to the U.S.-Israeli war with Iran.Finance Minister Koo Yun-cheol said on Sunday t ...
2 hours ago
Analysis:Airlines face fare dilemma as fuel spike threatens travel demand
March 30 : Global airlines have begun to hike fares and cut capacity to cope with the sudden surge in the oil price, but the industry's ability to remain profitable may depend on whether consumers pull back on flying as gasoline costs threaten household budgets. Before the U.S.-Israeli conflict ...
2 hours ago
S&P affirms Japan debt rating but warns of cut if yen weakens much further
TOKYO, March 30 : S&P Global Ratings on Monday affirmed its rating of Japan's sovereign debt but said it may lower it if the yen weakens much further, reflecting the country's deteriorating economic competitiveness.The credit-rating firm said it affirmed its A+/A-1 rating on Japan refl ...
3 hours ago
Gold steady as softer dollar offsets fading Fed rate-cut hopes
The commodity has fallen more than 15 per cent so far this month
3 hours ago
BlackRock funds provide about $57 million to IQM Quantum Computers ahead of US IPO
HELSINKI, March 30 : IQM Quantum Computers has secured 50 million euros ($57.64 million) in venture financing from funds and accounts managed by BlackRock to accelerate its global growth, the Finnish company told Reuters, ahead of its planned dual listing on the U.S. and Helsinki stock markets.IQM s ...
4 hours ago
Competition watchdog seeks public feedback on SP Mobility’s proposals regarding ChargEco acquisition
Deon Loke - SP Mobility offers commitments that include freezing charging rates at pre-acquisition levels
4 hours ago
Competition watchdog seeks public feedback on SP Mobility’s proposed commitments for ChargEco acquisition
Deon Loke - The commitments include freezing charging rates at pre-acquisition levels
4 hours ago
Bursa Malaysia, HKEX unveil joint large-cap index as they seek to deepen market links
Tan Ai Leng - The index tracks 30 Malaysian blue chips and 30 Hong Kong-listed large-cap stocks
4 hours ago
End of an era: Fitbit Singapore winds up as Google completes takeover of fitness tracker brand
Move marks a curtain call for Fitbit Singapore about 11 years after it was registered here in February 2015
5 hours ago
Japan steps up yen intervention threats, signals rate-hike chance
Its top currency diplomat said authorities may need to take “decisive” steps if speculative moves persist
5 hours ago
The Assembly Place posts 6.4% increase in FY2025 earnings to $6.6 mil
Samantha Chiew - Recently listed co-living operator The Assembly Place (TAP) announced that its FY2025 ended Dec 31, 2025, earnings have increased by 6.4% to $6.6 million from $6.2 million a year ago. The one-off IPO expenses in FY2025 came up to about $1.1 million. Excluding that from the equation, FY2025 earnings ...
5 hours ago
Time to cool EC demand: drop deferred payment scheme, lengthen MOP, tighten resale restrictions
Leslie Yee - Moderating growth will benefit eligible buyers without access to abundant liquidity
5 hours ago
URA releases mixed-use site for sale in Bayshore Drive
Chong Xin Wei - The residential component can yield about 1,280 units
6 hours ago
Australia to halve tax on fuel, underwrite spot cargoes
The measures are expected to cost the government A$2.55 billion
6 hours ago
Australia to halve tax on petrol to bring down costs in wake of Iran war
The measures are expected to cost the government A$2.55 billion
6 hours ago
CGS International maintains 'add' and $13.52 target price on Keppel; sale of M1 won't fall through despite delay
The Edge Singapore - The closing of the sale of M1 by Keppel to Tuas has been extended due to regulatory reasons, but Lim Siew Khee and Meghana Kande of CGS International do not think the sale will be called off. The long-stop date of the sale, announced last August, has been extended to May 21, instead of the original ...
6 hours ago
Hong Kong IPO revival hits snags, raising stakes for big deals
HONG Kong’s relentless surge in share sales over the past year is beginning to encounter headwinds, potentially slowing deal momentum and raising...
7 hours ago
Donald Trump says US could ‘take the oil in Iran’
US president tells the FT he is considering seizing strategic Kharg Island even as negotiations continue
7 hours ago
Singapore-based Ocean Network Express to buy 30% stake in Hutchison’s Thai port
Shikhar Gupta - The Singapore-based company sees Thailand as a ‘key strategic market’
7 hours ago
Ocean Network Express to buy 30% stake in Hutchison Ports’ Thai terminal
Shikhar Gupta - The Singapore-based company sees Thailand as a ‘key strategic market’
7 hours ago
RHB initiates iFast Corp at 'buy' with $12.20 target price
The Edge Singapore - Syahril Hanafiah of RHB Bank Singapore has initiated coverage of iFast Corp with a "buy" call and $12.20 target price, with a view that this company is a key beneficiary of the growing Asia-Pacific wealth management market. "Earnings growth is braced by the scaling up of iFast Global ...
7 hours ago
Stocks dive in Asia, Brent crude heads for record monthly rise
Asia is highly dependent on energy from the Middle East
7 hours ago
Manulife US REIT to divest Figueroa for US$92.5 mil
Felicia Tan - Manulife US REIT is looking to divest Figueroa to the City of Los Angeles’ Department of Water and Power at a sale price of US$92.5 million. The 35-storey Class A office building was acquired at US$357 million. The entry into the purchase and sale agreement is subject to board and council meetings ...
7 hours ago
DBS Group Research maintains ‘buy’ on Elite UK REIT following the latest independent valuation appraisal
Teo Zheng Long - DBS Group Research analyst Tabitha Foo is keeping her “buy” call on Elite UK REIT (SGX: MXNU ) , after the latest independent valuation appraisal saw a 9.1% uplift in portfolio valuation. “The uplift in portfolio valuations resulted in lifting Elite UK REIT’s net asset value (NAV) to £0.46 ...
8 hours ago
Japanese shares tumble as Middle East conflict fuels stagflation fears
[TOKYO] Japanese shares slumped on Monday, tracking a broader retreat in risk assets as the widening Middle East conflict and the lack...
8 hours ago
Japan’s Nikkei sinks on recession fears; benchmark JGB yields hit 27-year high
[TOKYO] Japan’s Nikkei share average tumbled on Monday (Mar 30), while benchmark bond yields briefly touched a 27-year high before retreating, as...
8 hours ago
Foreigners dump record US$12 billion India stocks in March on war
The India story is losing its luster as weak company earnings and sluggish local demand weigh, said a portfolio manager
8 hours ago
BOJ watching FX movement as factor affecting economy, Governor Ueda says
TOKYO, March 30 : Bank of Japan Governor Kazuo Ueda said on Monday the central bank will closely watch foreign exchange rate movement as it is among factors that have a huge impact on economic and price development."We will guide policy appropriately by scrutinising how currency moves could aff ...
8 hours ago
Bank of Japan chief signals vigilance to yen moves, impact on economy
TOKYO, March 30 : The Bank of Japan will closely watch yen moves as they affect the economy and prices, Governor Kazuo Ueda said on Monday, suggesting that rising import costs from a weak currency could justify raising interest rates in the coming months.The remark came as the yen slid past 160 agai ...