3 hours ago
Iran holds the key to reopening global energy markets
Middle East oil output has fallen by up to 10 million barrels per day as prices spike
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
4 hours ago
Over 400 million barrels of emergency oil reserves to flow to global markets, starting with Asia immediately: IEA
Supply for Europe and the Americas will be made available from end-March
4 hours ago
UBS set to face Swiss government decision on capital in April
The state will also decide on a proposal for capital backing of the lender’s foreign units
4 hours ago
Asia-Pacific allies ink $57 billion in deals with US companies, Burgum says
March 15 : Asia-Pacific allies agreed to $57 billion in 22 deals with American companies during this weekend's Indo-Pacific Energy Security Forum in Tokyo, U.S. Interior Secretary Doug Burgum said on Sunday. In an interview on Fox News Channel's "Sunday Morning Futures," Burgum a ...
7 hours ago
Iran war may hasten Reits’ waning popularity
Ben Paul - A more hawkish tone from the Fed this week could further weaken sentiment towards real estate investment trusts
8 hours ago
Bahrain’s Alba shuts 19% of aluminium capacity as Hormuz disruption continues
The company has initiated a controlled shutdown of three lines
9 hours ago
Private fund said to be buying 11 Mercatus retail assets for S$281 million
Kalpana Rashiwala - Portfolio comprises private strata space in Bukit Timah Plaza and Coronation Shopping Plaza, and nine HDB properties
9 hours ago
Altallo said to be buying 11 Mercatus retail assets for S$281 million
Kalpana Rashiwala - The group is also expected to sign a deal soon for the purchase of i12 Katong
9 hours ago
US airline CEOs urge Congress to end stand-off, pay airport security officers
The partial government shutdown comes amid an expected record-breaking spring travel period
10 hours ago
Oil poised for further gains as Middle East conflict threatens export facilities
Brent and WTI have surged more than 40% so far this month
12 hours ago
Japan to release oil stocks as US says buy American
The reserves can stabilise supply but ‘mainly buy time’, says one observer
12 hours ago
Nasdaq-listed Marex plans more acquisitions, with new Japan office to expand Asia-Pacific presence
Benicia Tan - Amid geopolitical uncertainty, the firm is being ‘more proactive’ with clients
14 hours ago
Japanese food chain Itacho Sushi shuts all outlets in Singapore
Its four remaining outlets are listed on Google Maps as permanently closed
16 hours ago
Institutional outflows persist as buybacks sustain and insiders accumulate
[SINGAPORE] For the five trading sessions spanning Mar 6 to 12, institutions were net sellers of Singapore stocks, with net institutional outflow...
16 hours ago
Trump rejects Iran deal on current terms as war continues
The Islamic Republic is open to ‘any regional initiative that leads to a fair end to the war’, minister says
17 hours ago
Trump warns of more strikes on Iran’s Kharg Island, pressures allies to secure oil choke point
American strikes ‘totally demolished’ most of the island – and more could follow, says US president
17 hours ago
War risk insurance returns to Strait of Hormuz – at a price
Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800,000
1 day ago
Musk says Tesla's mega AI chip fab project to launch in seven days
Tesla CEO Elon Musk said on Saturday (Mar 14) that the company's Terafab project to make artificial intelligence chips will launch in seven days.Musk had said last year t
1 day ago
ByteDance suspends launch of video AI model after copyright disputes, The Information reports
March 14 : ByteDance has put on hold the global launch of its latest video-generation model, Seedance 2.0, after a series of copyright disputes with major Hollywood studios and streaming platforms, The Information reported on Saturday, citing two people with direct knowledge of the situation.Reuters ...
1 day ago
Musk says Tesla's 'gigantic' chip fab project to launch in seven days
March 14 : Tesla CEO Elon Musk said on Saturday that the company's Terafab project to make artificial intelligence chips will launch in seven days. Musk had said last year that Tesla probably will have to build "a gigantic chip fab" to make artificial intelligence chips. Tesla is desi ...
1 day ago
Japan industry ministry asks Australia to boost LNG output amid Iran crisis
TOKYO, March 14 : Japan's industry minister Ryosei Akazawa on Saturday asked Australia, Japan's biggest supplier of liquefied natural gas, to boost output in light of the Middle East crisis. Japan relies on the Middle East for around 11 per cent of its LNG imports, with 6 per cent shipped ...
1 day ago
Japan's JERA hedges growing Middle East risks by seeking more LNG supply
TOKYO, March 14 : Japan's biggest liquefied natural gas buyer, JERA, has started talks for potential additional purchases with global suppliers to hedge against Middle East supply worsening further, even as a major LNG exporter said the price spike was short-lived.Some 20 per cent of global LNG ...
1 day ago
US Commerce Department withdraws planned rule on AI chip exports
[NEW YORK] The US Commerce Department withdrew a planned rule on artificial intelligence (AI) chip exports on Friday (Mar 13), the latest...
2 days ago
Retail oil traders spark ETF boom amid institutional slump
[NEW YORK] Anthony Sandford knew it was time to jump back into the energy sector when US war planes first cast shadows...
2 days ago
Why a strike on Iran’s Kharg Island would shake oil markets
[CAPE TOWN] Iran’s oil exports hinge on a small outpost in the Persian Gulf: Kharg Island, the loading point for almost all...
2 days ago
Europe repaid Tokyo a favour by supporting oil stock release, Japan minister says
TOKYO, March 14 : Europe repaid Japan a favour when agreeing on a joint oil stockpile release this week to ease the supply crisis and price spikes caused by the Iran war, Japan's Industry Minister Ryosei Akazawa said on Saturday.The International Energy Agency on Wednesday agreed to release a r ...
2 days ago
US begins emergency oil reserve release of 86 million barrels
[WASHINGTON] The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange...
2 days ago
Iran oil hub strike raises risk of further disruptions to supply
[SINGAPORE] The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic Republic,...
2 days ago
European shares log second week of losses as Middle East war fuels inflation fears
[BENGALURU] European shares extended their declines on Friday (Mar 13) and marked their second consecutive weekly loss, as the escalating conflict in...
2 days ago
GE Vernova, Hitachi to explore South-east Asia for small reactors
[TOKYO] GE Vernova and Hitachi agreed to explore opportunities to deploy small modular nuclear reactors in South-east Asia.
2 days ago
In Depth: Secretive hedge fund at centre of Hong Kong insider-trading probe
A late-winter chill hung over Hong Kong on the afternoon of Mar 11, but in the city’s financial circles the mood was...
2 days ago
The price isn’t right: Oil spike fuels risks in South-east Asia’s tech scene
RISING oil prices triggered by the ongoing war in the Middle East could quickly drive up operating costs within South-east Asia’s tech...
2 days ago
Brent crude closes above US$100 for second straight session
[NEW YORK] Brent crude settled above US$100 a barrel for the second straight session, ending the day at the highest level in...
2 days ago
Wall Street drops, set for weekly loss as war on Iran fuels inflation worries
[NEW YORK] Wall Street was lower on Friday (Mar 13) as investors monitored developments in the war on Iran and their potential...