30 minutes ago
Malaysia faces ‘critical period’ for fuel by June, minister says
The government is taking steps to diversify its fuel sources and strengthen ties with major trading partners
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
33 minutes ago
Higher electricity prices for Singapore businesses as retailers raise rates, tariff climbs amid Iran war
Elysia Tan - Beyond costs, firms are increasingly facing procurement and risk management issues, observers say
2 hours ago
Philippines asks Facebook to curb fake news, warns of legal move
Facebook is accused of spreading “false and panic-inducing content” on its platforms
3 hours ago
BOJ policy to boost yen could be an option to curb inflation, Japanese minister says
[TOKYO] Bank of Japan monetary policy could be an option to tame rising prices by boosting the yen, Japan’s trade minister said...
3 hours ago
Land half the size of Marina Bay expected to be reclaimed as part of Greater Southern Waterfront
Reclamation works are expected to be carried out at the Keppel and Tanjong Pagar terminals after they relocate to Tuas around 2027
16 hours ago
ST Engineering licenses Poland's Niewiadów for 40-mm grenade production
The Edge Singapore - Singapore Technologies Engineering has licensed an ammunitions manufacturer in Poland to produce 40-mm grenades for the European market. Last October, the Niewiadów Polish Military Group announced plans to spend PLN 67.4 million, or $23.7 million, to build new production capabilities for 40-mm ammu ...
21 hours ago
Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge
The Hong Kong-based airline will cancel about 2 per cent of its scheduled passenger flights from May 16 to Jun 30, 2026.
22 hours ago
Fuel shortages from Iran war threaten Asia’s biggest food staple
The near-closure of the Strait of Hormuz has choked a vital route for fertiliser and fuel deliveries
23 hours ago
Tata Group chair tells workers Air India faces challenging time
The airline’s recovery has been slowed by integration costs after the merger with Vistara
23 hours ago
Middle East war to cut growth, deliver cascading impact, World Bank chief says
The crisis has sent the price of oil up by 50%
23 hours ago
Hermes sticks with plan to raise output even as war sours mood
The company’s leather-goods plants are all in France and typically employ about 260 artisans
1 day ago
Japan approves additional 631.5 billion yen for chipmaker Rapidus
The support is part of the government’s efforts to boost domestic production of advanced semiconductors and strengthen chip supply chains
1 day ago
US likely to extend Russian oil waiver to temper Iran war shock: sources
Oil prices have spiked since the start of the war due to the partial closure of the Strait of Hormuz
1 day ago
Japan approves additional $4 billion for chipmaker Rapidus
TOKYO, April 11 : Japan's industry ministry said on Saturday it has approved an additional 631.5 billion yen ($3.96 billion) to accelerate research and development at chipmaker Rapidus.The support is part of the government's efforts to boost domestic production of advanced semiconductors a ...
1 day ago
Tesla’s supervised self-driving software gets Dutch okay, first in Europe
Other carmakers have introduced ‘hands-free’ driving technology on select highways and at limited speeds, mostly in Germany
1 day ago
China moves to ban sulphuric acid exports as Iran war hits supply
Prices have already surged in Chile, which buys over one million tonnes of Chinese sulphuric acid every year
1 day ago
Big US banks set to temper bond sales after strong 2026 debut
Sales will occur after the six firms release first-quarter results
1 day ago
Italy’s UniCredit says no plans to liquidate Russian business
CEO Andrea Orcel has said Italy’s second-largest lender will not damage its shareholders by exiting Russia at a loss
1 day ago
Keppel has sold off all residual Seatrium shares
The Edge Singapore - Keppel has fully sold its residual Seatrium shares on April 1 at a weighted average of $2.52 each, pocketing some $429 million, the company says on April 11. In addition, Keppel received another $1 million in Seatrium dividends, the company says on April 11, in response to shareholders' questio ...
1 day ago
OpenAI identifies security issue involving third-party tool, says user data was not accessed
April 10 : OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps.The ChatGPT maker said it found no evidence that its user data was acces ...
1 day ago
US Fed seeks details on US banks’ exposure to private credit firms
A growing chorus of international regulators have been warning about the risks of private credit
1 day ago
Soup Holdings co-founders in married deal with 15 mil shares changing hands at 6 cents each
The Edge Singapore - Two of the co-founders of Soup Holdings, which operates the chain of Soup Restaurants, have traded a substantial block of shares between themselves. According to SGX filings on April 11, Mok Yip Peng has on April 9 sold just over 15 million shares to his classmate-turned business partner Wong Wei Te ...
1 day ago
Wall Street strategists wrestle with war’s toll on 2026 outlook
Consumer sentiment has plunged to the lowest on record
1 day ago
Oil posts biggest weekly loss since 2020 ahead of Iran-US talks
Crude markets have been extremely turbulent since the war began in late February
1 day ago
WFH: When small savings risk larger costs
Tong Kooi Ong + Asia Analytica - Several countries — including Malaysia, Myanmar, Laos, Indonesia, Egypt and Thailand — have introduced work-from-home (WFH) policies, particularly for public servants. Meanwhile, Pakistan, the Philippines and Sri Lanka have introduced a one-day shorter work week for public officials. In contrast ...
1 day ago
A framework that may enrich the few, not the many
Tong Kooi Ong + Asia Analytica - A recently implemented, relatively low-profile guideline for property disposals by government-linked companies (GLCs) and government-linked investment companies (GLICs) could, we think, have a broad and likely negative impact on not only the GLCs and GLICs but also for the Bursa Malaysia equity mark ...
1 day ago
US judge blocks Arizona criminal case against Kalshi at CFTC's request
NEW YORK, April 10 : A federal judge on Friday blocked Arizona from continuing its criminal case against prediction market Kalshi, according to the Commodity Futures Trading Commission, which sued to prevent states from regulating the industry. The CFTC announced the ruling in a press release follow ...
1 day ago
Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations
On a weekly basis, all three indexes scored their largest Friday-to-Friday percentage gains since November
1 day ago
Stoxx 600 gains for a third week with focus on Middle East peace talks
Investors will closely monitor the talks, especially efforts to reopen the Strait of Hormuz
1 day ago
Eric Swider resigns from Trump Media board
April 10 : Trump Media & Technology Group said on Friday that Eric Swider, a key figure in the company's public listing, had resigned from its board. Swider was the CEO of the blank-check acquisition company behind Trump Media's public listing in 2024, guiding it through a delayed merg ...
1 day ago
IBM to pay $17 million to settle US government probe over DEI
WASHINGTON, April 10 : IBM has agreed to pay $17 million to settle a U.S. government probe over the firm's diversity, equity and inclusion practices, which President Donald Trump's administration has cracked down on during his second term in office. The settlement marks the first resolutio ...
1 day ago
IBM to pay $17 million to settle discrimination allegations, DOJ says
WASHINGTON, April 10 : U.S. Acting Attorney General Todd Blanche said on Friday that IBM has agreed to pay $17 million to resolve allegations of discrimination through illegal diversity, equity and inclusion practices.
1 day ago
Tesla's supervised self-driving software gets Dutch okay, first in Europe
AMSTERDAM/SAN FRANCISCO, April 10 : Dutch regulators approved the use of Tesla's driver assistance software which handles most driving tasks on highways and city streets under human supervision, in the first regulatory sign‑off for the technology in Europe.Approval from the Netherlands' ...
1 day ago
Tesla supervised self-driving software gets Dutch okay, first in Europe
AMSTERDAM/SAN FRANCISCO, April 10 : Tesla on Friday said Dutch regulators had approved the use of its driver assistance software which handles most driving tasks on highways and city streets under human supervision, the first regulatory sign‑off for the technology in Europe.Approval from the Dutch ...