10 minutes ago
Infrastructure not a safe-haven asset, but Asia-Pacific remains a bright spot: KKR
Benjamin Cher - Investment firm sees potential in the region, which accounts for about 60% of global economic growth
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
10 minutes ago
Office landlords stand out in S-Reits’ Q4 beat, but the drums of war loom heavy on FY2026
Jude Chan - Middle East conflict risks triggering a stagflationary environment, say analysts
10 minutes ago
DFI CEO Scott Price sticks to ‘underpromise, overdeliver’ playbook for latest financial targets
Renald Yeo - Beyond opening more stores or selling more products, a new ‘shadow’ P&L engine could also drive earnings
32 minutes ago
Trump signals US will tap oil reserve to ease price shock
The Strategic Petroleum Reserve currently contains about 415 million barrels
37 minutes ago
Pentagon opens door to exempt Anthropic use beyond 6-month ramp-down, memo says
WASHINGTON, March 11 : The Pentagon has told its senior leaders that use of Anthropic's AI tools may continue beyond a previously announced six-month phase-out period if deemed critical to national security, according to an internal memo seen by Reuters.The memo is dated March 6 and signed by P ...
44 minutes ago
Trump to invoke emergency law for offshore oil producer Sable
California relies heavily on foreign crude, which made up about 61% of the oil used by its refineries last year
52 minutes ago
Oil settles up nearly 5% as supply fears mount despite record stocks release plan
The IEA has recommended the release of 400 million barrels of oil, the largest such move in its history
1 hour ago
European shares fall again as Middle East tensions keep investors on edge
EUROPEAN shares declined on Wednesday as investors weighed the economic fallout of the Middle East conflict as it entered its twelfth day and...
1 hour ago
US stocks: S&P 500, Dow end lower as escalating Iran war sours risk appetite
[NEW YORK] US stocks closed lower on Wednesday as markets largely looked past a tame inflation report, focusing instead on intensifying hostilities and mounting...
1 hour ago
Commentary: There is no return to normal on oil any time soon
Even if the Iran war ends quickly, governments will need to prioritise security of supply, says this writer for the Financial Times.
1 hour ago
Exclusive-SoftBank's PayPay prices IPO below range at $16 a share, sources say
March 11 : SoftBank Group-backed PayPay priced its U.S. initial public offering at $16 per share on Wednesday, below its targeted price range, people familiar with the matter said, as the U.S.-Israeli war on Iran weighed on markets.The IPO raised $880 million based on 55 million American depositary ...
2 hours ago
Atlassian to cut roughly 10% jobs in pivot to AI
March 11 : Atlassian said on Wednesday it would lay off around 10 per cent of its workforce, or 1,600 employees, to push into artificial intelligence and enterprise sales.Shares of the enterprise software company rose nearly 2 per cent in extended trading after Atlassian said it plans to "rebal ...
2 hours ago
Trading Day: Oil and yields up, up, and away
3 hours ago
How the Anthropic-Pentagon dispute over AI safeguards escalated
March 11 : A standoff erupted between the U.S. Department of Defense and Anthropic in January after the AI lab refused to loosen safety guardrails on its systems, prompting the Pentagon to label it a 'supply-chain risk,' and putting the company's government contracts in jeopardy.The C ...
3 hours ago
Bumble shares soar as turnaround efforts power upbeat quarterly revenue
March 11 : Bumble on Wednesday reported fourth-quarter revenue above estimates as the dating app operator began to see early benefits from a broad turnaround plan, sending its shares soaring about 20 per cent in extended trading.Bumble has been undergoing a strategic overhaul since founder Whitney W ...
3 hours ago
Bumble posts upbeat quarterly revenue as turnaround efforts start to pay off
March 11 : Bumble on Wednesday reported fourth-quarter revenue above estimates as the dating app operator began to see early benefits from a broad turnaround plan, sending its shares soaring about 24 per cent in extended trading.Bumble has been undergoing a strategic overhaul since founder Whitney W ...
6 hours ago
FCC chair criticizes slow pace of Amazon satellite launches
WASHINGTON, March 11 : The chairman of the Federal Communications Commission dismissed criticism from Amazon.com of Elon Musk's SpaceX plan to launch a constellation of up to 1 million satellites."I think Amazon should focus on getting Amazon's house in order with their own launches a ...
7 hours ago
Musk unveils joint Tesla-xAI project 'Macrohard', eyes software disruption
March 11 : Elon Musk on Wednesday unveiled a joint project between Tesla and his artificial intelligence startup xAI, which he called "Macrohard" or "Digital Optimus" and said that it was a system capable of emulating the functions of software companies.In a post on his social me ...
7 hours ago
Gen Digital overturns $481 million patent award in Columbia University lawsuit
WASHINGTON, March 11 : A U.S. appeals court on Wednesday overturned a $481 million ruling that New York's Columbia University had won against software company Gen Digital for infringing patents related to cybersecurity technology.The U.S. Court of Appeals for the Federal Circuit said that Colum ...
7 hours ago
Astrophysicists figure out what caused a super-bright supernova
WASHINGTON, March 11 : A supernova - the explosion marking the end of a massive star's life - is one of the brightest cosmic events, usually about a billion times more luminous than the sun. But some - a small fraction - are even brighter than that, 10 to 100 times more luminous. These are call ...
7 hours ago
Synopsys rolls out new software tools for designing AI chips
SANTA CLARA, California, March 11 : Synopsys on Wednesday rolled out new software tools to handle the fast-increasing complexity of designing artificial intelligence chips, the first wave of new offerings after its $35 billion buyout of engineering software firm Ansys.Synopsys, which announced the n ...
7 hours ago
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
The moves come after Iran threatened to target US and Israeli banks in the Gulf region
8 hours ago
Q&M to buy Australian dental group for A$144.5 million
Janice Lim - The acquisition target has a network of more than 40 clinics and about 120 dentists
8 hours ago
Dollar firm as traders eye Middle East risks
NEW YORK, March 11 : The dollar edged higher on Wednesday as concerns about a further escalation in the Middle East conflict supported demand for the U.S. currency, while data showed U.S. consumer prices rose moderately in February.Investors remain on edge as the Middle East conflict threatens to fr ...
8 hours ago
Dollar rises, as investors remain on edge about Middle East risks
NEW YORK, March 11 : The dollar strengthened against the euro and the yen on Wednesday as investors remain on edge over further escalation in the Middle East conflict that has driven up energy prices worldwide as Iran struck tankers and energy storage facilities in fresh attacks.The dollar has risen ...
8 hours ago
Iran-linked hackers claim responsibility for attack on US medical device maker Stryker
March 11 : An Iranian-linked hacking group on Wednesday claimed responsibility for a destructive cyberattack on U.S.-based medical device and services provider Stryker, according to messages posted to the group's Telegram channel.The Michigan-based company, with 56,000 employees and operations ...
8 hours ago
Stryker shares fall after report on suspected Iran-linked cyberattack
March 11 : Stryker's shares fell about 3 per cent on Wednesday after the Wall Street Journal reported that the medical equipment maker was hit by a suspected Iran-linked cyberattack.The company is experiencing a global outage across its systems. Staff and contractors have claimed that the logo ...
8 hours ago
Iran-linked hackers attack US medical device maker Stryker
March 11 : An Iranian-linked hacking group on Wednesday claimed responsibility for a destructive cyberattack on U.S.-based medical device and services provider Stryker, according to messages posted to the group's Telegram channel and social media reports.Stryker shares fell about 3.4 per cent o ...
8 hours ago
WhatsApp launches parent-managed accounts for pre-teens amid safety concerns
BRUSSELS, March 11 : Meta Platforms-owned WhatsApp said on Wednesday it would allow parents to create accounts for pre-teens, restricted to messaging and calling, amid rising global concerns about the impact of social media and chat apps on children.A number of countries around the world are now see ...
8 hours ago
Nvidia invests US$2 billion in Nebius in new data centre deal
[AMSTERDAM] Nvidia will invest US$2 billion in Nebius Group as part of a strategic partnership to develop and build artificial intelligence data...
8 hours ago
IEA proposes record release of strategic stocks in response to Iran war oil price surge
The International Energy Agency has recommended the release of 400 million barrels of oil.
9 hours ago
Meta unveils plans for batch of in-house AI chips
SAN FRANCISCO, March 11 : Meta Platforms on Wednesday unveiled a roadmap of four new chips that the company is making in-house, as it rapidly expands its data centers.Like many big tech companies such as Alphabet and Microsoft, Meta has invested heavily in building a team that can design chips in-ho ...
9 hours ago
Stocks mixed, dollar edges up after US inflation; focus squarely on oil
BOSTON/LONDON, March 11 : Global shares were mixed and the dollar held firm on Wednesday, after data showed U.S. inflation picked up as expected in February, although most investor focus was squarely on the oil price and on the chances that the U.S.-Israeli war on Iran could have a longer-term impac ...
9 hours ago
Stocks fall, dollar edges up after US inflation; focus squarely on oil
BOSTON/LONDON, March 11 : Wall Street shares fell but the dollar held firm on Wednesday, after data showed U.S. inflation picked up as expected in February, although most investor focus was squarely on the oil price and on the chances that the U.S.-Israeli war on Iran could have a longer-term impact ...