8 hours ago
Oil gains after Trump says Hormuz to open ‘naturally’ after war
Brent crude rises to US$105 a barrel after US President’s national address on Iran war
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Oil slides after Trump says US will end its war on Iran soon
[NEW YORK] Oil prices settled lower on Wednesday after President Donald Trump said that the US would end its war on Iran fairly...
8 hours ago
US stocks: Wall Street ends higher on speculation about end to Iran war
WALL Street ended higher on Wednesday, with strong gains in Alphabet and other heavyweights, after US President Donald Trump suggested an end...
10 hours ago
WhatsApp says Italian surveillance company tricked around 200 users into downloading spyware
WASHINGTON, April 1 : Messaging service WhatsApp said an Italian surveillance company tricked some 200 users into downloading a bogus version of its popular app that was rigged to spy on its victims.In a statement, the Meta Platforms-owned service said the campaign was carried out by ASIGINT, a subs ...
10 hours ago
Analysis:NASA's moon mission tests aerospace old guard as SpaceX, Blue Origin hover
April 1 : NASA's Artemis II mission is shaping up to be more than just the next step in returning humans to the moon — it is a key test of whether the agency's traditional contractor-built systems can remain viable in a rapidly shifting space industry.The mission, set to launch on Wednes ...
11 hours ago
Stellantis in talks to build Chinese EVs at Canadian plant, Bloomberg News reports
April 1 : Stellantis is discussing options for building electric vehicles in Canada with Chinese partner Zhejiang Leapmotor Technology, Bloomberg News reported on Wednesday, citing people familiar with the matter.Stellantis and Zhejiang Leapmotor Technology did not immediately respond to Reuters ...
11 hours ago
Analysis:SpaceX’s orbital data centers could face same hurdles as Microsoft’s abandoned undersea project
LOS ANGELES, April 1 : SpaceX on Wednesday filed for an IPO that Elon Musk says will bankroll an effort to turn the rocket maker into an AI powerhouse, launching up to 1 million data‑center satellites into orbit to bypass power and water limits on Earth.Microsoft had a similar ambition to escape l ...
12 hours ago
Related Digital nears $16 billion financing for Oracle data center, source says
13 hours ago
SpaceX IPO buzz lifts aerospace shares on spillover bets
April 1 : Shares of aerospace companies jumped on Wednesday as investors bet that Elon Musk-owned SpaceX's confidential filing for an initial public offering would be a catalyst for the sector's next growth phase.Musk's company confidentially filed for a U.S. IPO on Wednesday and is e ...
13 hours ago
Exclusive-SpaceX will host analyst day on April 21, source says
SAN FRANCISCO, April 1 : Rocket company SpaceX will host an analyst day on April 21, and will offer analysts a visit to its "Macrohard" xAI datacenter in Memphis, Tennessee two days later, a source familiar with the matter said on Wednesday.SpaceX has filed confidentially for an initial pu ...
13 hours ago
AF Global expected to delist around Apr 24
Paige Lim - Last day of trading of shares is on Apr 2
14 hours ago
Italian bill proposes curbs on social media addiction
ROME, April 1 : Italian senators on Wednesday presented a draft law to tackle social media addiction that seeks to increase the responsibility of online platforms for the way content is distributed to users.It comes amid growing scrutiny across Europe of digital platforms and follows a U.S. ruling l ...
14 hours ago
ST Engineering bags S$600 million contract to design, supply boat platform systems for Kuwaiti navy
Paige Lim - This follows a deal for four vessels for UAE navy also awarded by Abu Dhabi Ship Building
15 hours ago
The road to SpaceX's juggernaut IPO
April 1 : Elon Musk's SpaceX has confidentially filed for its hotly anticipated U.S. initial public offering, a person familiar with the matter told Reuters on Wednesday, taking space exploration from a speculative venture to a mainstream investment theme.Here is a timeline of SpaceX's jou ...
15 hours ago
SpaceX files for IPO, sources say, offering investors stake in Musk's space ambitions
April 1 : Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, two people familiar with the matter told Reuters on Wednesday, setting the stage for what could become the largest stock market listing on record.SpaceX puts more rockets in space than any other company an ...
15 hours ago
SpaceX files for IPO, sources say, offering investors a stake in Musk’s moon, Mars ambitions
April 1 : Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, two people familiar with the matter told Reuters on Wednesday, setting the stage for what could become the largest stock market listing on record.SpaceX puts more rockets in space than any other company an ...
15 hours ago
SpaceX registers to take rocket maker public in blockbuster IPO, source says
April 1 : Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, setting the stage for what could become the largest stock market listing on record, a person familiar with the matter told Reuters on Wednesday. A public listing at a potential valuation of more than $1.75 ...
15 hours ago
World shares rally, oil prices fall on war de-escalation hopes
NEW YORK/LONDON, April 1 : Global stocks rallied and oil futures retreated on Wednesday on hopes of a de-escalation in the Iran war.The U.S. dollar softened against a basket of other currencies, while U.S. Treasury yields rose from their lows after a pair of reports underscored resilience in the U.S ...
15 hours ago
World markets rocket higher on optimism Iran war could end soon
NEW YORK/LONDON, April 1 : Global stocks rallied and oil prices reversed gains on Wednesday as hopes of a de-escalation in the Iran conflict fuelled the biggest rebound in regional equities in more than three years.President Donald Trump said the U.S. could end its military attacks on Iran in two to ...
15 hours ago
Chinese chipmakers claim nearly half of local market as Nvidia’s lead shrinks
Beijing pushes domestic chips over foreign tech to cut dependence and bolster local alternatives
16 hours ago
Mapletree Investments sells mid-shallow bay logistics portfolio to Dalfen Industrial for US$207.5 million
Paige Lim - The portfolio includes 19 warehouse assets across key US distribution markets in Texas, Illinois, Ohio and Indiana
16 hours ago
‘No definitive decision’ made for YZJ Maritime to pursue capital market activities in Hong Kong: CEO
Paige Lim - Yangzijiang Shipbuilding also says it has no plans for equity fundraising transactions outside Singapore
16 hours ago
Franklin Templeton to acquire CoinFund spinoff to expand crypto push
April 1 : Investment manager Franklin Templeton said on Wednesday it had agreed to acquire cryptocurrency investment unit 250 Digital, spun out of venture firm CoinFund, as it steps up its expansion into digital assets.The deal comes as traditional financial firms ramp up their presence in cryptocur ...
16 hours ago
Wall St opens higher as Iran war resolution hopes lift sentiment
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Apr 1), building onto their biggest one-day jump in nearly a year...
17 hours ago
Automakers unveil new EVs for US market despite sales downturn
NEW YORK, April 1 : Major automakers unveiled new electric vehicles at the New York Auto Show on Wednesday, despite lagging consumer demand and a sharp downturn in sales after Washington eliminated a $7,500 EV tax credit.Kia said it would begin selling its lower-priced EV3 in the United States later ...
17 hours ago
Kia to sell lower-priced electric vehicle in US
NEW YORK, April 1 : Kia said Wednesday it will begin selling a lower-priced electric vehicle in the United States later this year as automakers work to recharge EV sales.The Korean automaker said at the New York Auto Show it will offer the EV3 in the U.S. market starting later this year. Automakers ...
17 hours ago
Intel to buy back Apollo stake in Ireland factory for $14.2 billion
April 1 : Intel said it would spend $14.2 billion to buy back the 49 per cent stake it sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the plant as its finances improve and AI drives demand for its processors.Apollo had in 2024 spent $11.2 billion to ...
17 hours ago
Thailand seeks more LNG from Malaysia, energy officials say
[KUALA LUMPUR] Thailand is actively seeking additional LNG supplies from Malaysia following disruptions caused by the ongoing Middle East conflict, Thai energy...
18 hours ago
Hasbro investigates cybersecurity incident, takes some systems offline
18 hours ago
Hasbro says investigating cybersecurity incident
April 1 : Toymaker Hasbro said on Wednesday it was investigating a cybersecurity incident after identifying unauthorized access to its network on March 28, with help from third-party cybersecurity professionals.It said it had taken some systems offline and was using temporary measures to keep taking ...
18 hours ago
Factory input costs soar worldwide as Iran war snarls up supply chains: surveys
The findings highlight the challenge facing Asia, as the region accounts for about 80% of the oil transiting the Strait of Hormuz
18 hours ago
Bugis Junction Towers put on the market at S$685 million valuation
Kalpana Rashiwala - This works out to S$2,750 psf on net lettable area and a net yield of around 3.5% for the fully let office...
18 hours ago
India's Wipro names Nagendra Bandaru as CEO of AI segment
(Corrects typographical error in media packaging code)April 1 : Indian IT services firm Wipro on Wednesday named insider Nagendra Bandaru as the CEO of its AI segment.
18 hours ago
India's Wipro names AI chief, head of 'Americas 2' unit quits