26 minutes ago
Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry
The US visa process has become more unpredictable with longer processing times and stricter screening
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
33 minutes ago
Japan renews FX warning, ready for 'decisive action' with US coordination
TOKYO, April 24 : Japanese Finance Minister Satsuki Katayama renewed warnings of currency intervention on Friday, stressing "decisive action" in close coordination with the United States as the yen hovered near the psychologically important 160-per-dollar line."We have been seeing spe ...
36 minutes ago
Lebanon-Israel ceasefire extended by 3 weeks after White House Oval Office meeting
Israel said on Apr 23 that it killed two armed individuals in southern Lebanon
51 minutes ago
Oiltek-inspired interest in Koh Brothers persists
Teo Zheng Long - Both Koh Brothers Group (SGX: K75 ) (KBG) and Koh Brothers Eco (SGX: 5HV ) (KBE) have seen share prices and trading volumes spike in recent weeks, as the valuation gap between them and their subsidiary, Oiltek International (SGX: HQU ) (Oiltek), has finally attracted investor attention. Oiltek, whic ...
57 minutes ago
Elite UK REIT reports 9.8% y-o-y rise in distributable income for 1QFY2026
Teo Zheng Long - Elite UK REIT (SGX: MXNU ) has reported distributable income of £5.3 million, up 9.8% y-o-y, driven by interest savings, contributions from three properties acquired in last June, and reduced holding costs as a result of divestments of vacant assets and the repositioning of Lindsay House, Dundee in ...
1 hour ago
Dollar set for weekly gain on stalled US-Iran talks and Middle East uncertainty
TOKYO, April 24 : The dollar was on track for its first weekly gain in three weeks on Friday, as stalled peace negotiations between the U.S. and Iran dampened hopes for an immediate easing of Middle East tensions.While Lebanon and Israel extended their ceasefire for three weeks ahead of its expirati ...
1 hour ago
BYD’s car discounts show China’s EV price war is getting worse
Its CEO wrote in an annual letter to shareholders that China’s car industry has entered a “brutal knockout stage.”
1 hour ago
Broker's Digest: Info-Tech Systems, UMS Integration, Beng Kuang, HRnetGroup, Centurion, Hong Leong Asia, Nam Cheong
The Edge Singapore - Info-Tech SystemsPrice target: RHB Bank Singapore ‘buy’ $1.40
1 hour ago
Exit concerns persist as South-east Asia PE investors prioritise strong management teams: Bain
Benjamin Cher - Macroeconomic softness is cited as the key reason for the challenging exit environment, says the consultancy
1 hour ago
SpaceX would get enhanced protection from Texas laws, filing says
NEW YORK, April 23 : Elon Musk's SpaceX will count on the enhanced protection of Texas law to potentially fend off any hostile bidder or activist investor pushing for changes at the company, according to a regulatory filing seen by Reuters.SpaceX is preparing for what could be the largest initi ...
1 hour ago
Ascott rebuilds systems for a booking model driven by AI agent
Nurdianah Md Nur - Ascott is overhauling its technology infrastructure to prepare for a future in which artificial intelligence (AI) agents make most travel decisions. The CapitaLand Investment unit says it is working with Accenture, Amadeus and EHL Hospitality Business School to rebuild how its core systems connect, ...
1 hour ago
Cisco shows switch that can connect quantum computers of different kinds
SAN FRANCISCO, April 23 : Cisco Systems on Thursday showed a switching chip that it says will be able to connect quantum computers of different types, another step in its effort to eventually connect an internet of quantum machines the way its gear connects the existing internet.Like other major tec ...
1 hour ago
Stocks to watch: ST Engineering, CICT, CLI, Suntec Reit, Sheng Siong, Frasers Centerpoint Trust, Clint
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 24):
1 hour ago
Stocks to watch: ST Engineering, CICT, CLI, Suntec Reit, Sheng Siong, FCT, iFast
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 24):
2 hours ago
Meta plans 10% layoffs as AI spending soars: Source
Meta will lay off about 8,000 employees and leave thousands of other positions unfilled next month, the source said.
2 hours ago
ESR-Reit reports 2.3% dip in Q1 NPI to S$80.6 million
Deon Loke - Total distributable income rises 1.4% year on year to S$44.8 million
2 hours ago
Strike vote at major Australian LNG plant set to close
PERTH/TOKYO, April 24 : A vote on whether workers strike at Inpex’s Ichthys liquefied natural gas facility in Australia over pay and conditions will close later on Friday, after an employment agreement offered by the Japanese gas giant was refused last week. A strike at the 9.3 million metric-ton- ...
2 hours ago
Frasers Centrepoint Trust’s H1 DPU rises 1.4%to S$0.06136
Therese Soh - Distribution to unitholders for the period up 13.6% at S$125 million
2 hours ago
American CEOs in their 60s are the new norm, with companies picking older bosses
With more years of experience making hard calls, older executives might be better able to seize the opportunities
2 hours ago
CapitaLand Integrated Commercial Trust posts 7.9% rise in Q1 NPI to S$314.4 million
Deon Loke - Revenue for the quarter up 8% at S$426.7 million
2 hours ago
CapitaLand India Trust Q1 total property income up 3% at 4.9 billion rupees
Therese Soh - This comes amid sustained performance of existing properties, contributions from new developments
2 hours ago
Musk sounds cautious tone on robotaxis amid slower-than-expected rollout
Tesla shares were down more than 3 per cent in afternoon trading on Thursday
2 hours ago
Japan's core inflation stays below BOJ target, energy risks grow
TOKYO, April 24 : Japan's core inflation slowed below the central bank's 2 per cent target for a second straight month in March, data showed on Friday, as government fuel subsidies and moderating food inflation offset price pressures from the Iran war-induced energy shock.Analysts expect i ...
2 hours ago
Japan's core inflation stays below central bank target
TOKYO, April 24 : Japan's core consumer inflation slowed below the central bank's 2 per cent target for a second straight month in March, data showed on Friday, as government fuel subsidies offset price pressures from the Iran war-induced energy shock.Analysts expect inflation to accelerat ...
3 hours ago
Japan March core CPI rises 1.8% yr/yr
TOKYO, April 24 : Japan's core consumer prices rose 1.8 per cent in March from a year earlier, government data showed on Friday.The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 1.8 per cent annual gai ...
3 hours ago
Exclusive-SpaceX refinanced debt with stopgap $20 billion loan before IPO filing
NEW YORK, April 23 : Elon Musk's SpaceX took out a $20 billion bridge loan last month to refinance much of its existing debt ahead of its blockbuster U.S. initial public offering, according to a regulatory filing.The borrowing, revealed for the first time in excerpts of its regulatory filings t ...
3 hours ago
The world economy is in the shadow of war, and the warning signs are flashing
Global growth is now projected to slow to 3.1% in 2026 and 3.2% in 2027
3 hours ago
SGX RegCo’s disclosure push may strain smaller firms, raise box-ticking risk, analysts warn
Ranamita Chakraborty - Ultimately, how companies approach the exercise will decide if the proposed rules will improve transparency and accountability, they add
3 hours ago
Intel forecasts second-quarter revenue above estimates, shares jump 15%
INTEL forecast second-quarter revenue above Wall Street expectations on Thursday, underscoring booming demand for the company’s server processors used for artificial intelligence...
4 hours ago
Struggling Nike will cut around 1,400 jobs in efficiency push
Its shares have lost more than half their value in the last three years
4 hours ago
Iran shows off its control over Hormuz strait, Israel warns of further attacks
The US, despite its more powerful military, is struggling to keep control of the strait
4 hours ago
US stocks close lower on fading hopes for quick Iran deal, mixed quarterly earnings
Markets had rallied in recent weeks on hopes of an Iran war resolution
4 hours ago
Exclusive-SpaceX warns that inquiries into sexually abusive AI imagery may hurt market access
MEMPHIS, Tennessee, April 23 : The multiple investigations into xAI’s creation and dissemination of sexually abusive imagery may lead the company to lose access to certain markets, parent company SpaceX warned in a prospectus reviewed by Reuters.In a section on risk factors, the S-1 regulatory fil ...
4 hours ago
Oil jumps as Iran tensions simmer with Hormuz flows blocked
OIL jumped amid fresh signs of escalation in the Iran war, dimming prospects for an imminent resumption of flows through the Strait of...