14 hours ago
Singapore port sells higher marine fuel in March despite tight supply
Tay Peck Gek - On a year-on-year basis, the marine fuel volume sold was up 6.6%
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
14 hours ago
Building trust in the age of AI
Varun Mahindru - Trust has become one of the most valuable assets in today’s digital economy. Every day, millions of payments move seamlessly across borders, powered by a shared confidence that transactions are secure. Yet that confidence has been under strain as fraudsters use artificial intelligence (AI) to shar ...
14 hours ago
Wegovy-maker Novo Nordisk partners with OpenAI to speed drug development
LONDON, April 14 : Danish drugmaker Novo Nordisk, which has fallen behind Eli Lilly in the immensely lucrative weight-loss drug market, said on Tuesday it is partnering with OpenAI to deploy artificial intelligence across its business, from drug discovery to manufacturing and commercial operations.T ...
15 hours ago
Investors buy the dip in bonds as the sovereign-corporate divide widens: Aberdeen executive
Benjamin Cher - Demand for investment-grade bonds still outstrips supply, with deals being regularly oversubscribed, he adds
15 hours ago
Investors buy the dip in bonds as the sovereign-corporate divide widens: Aberdeen’s executive
Benjamin Cher - A key dynamic shaping the fixed income markets is the divergence between government and investment-grade corporate bonds
15 hours ago
CATL is said to consider up to US$5 billion share sale in Hong Kong
The company has a market value of about US$282 billion
15 hours ago
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
Chloe Lim - He took on role of acting CEO on Jun 1, 2025, after retirement of Tan Hee Teck
16 hours ago
Hong Kong dollar bond sales boom as issuers tap into haven flows
Issuers from outside the city have sold a record HK$189.8 billion of such notes this year
16 hours ago
Australia central bank says inflation is too high as confidence readings slump
Fuel prices have surged to record highs, prompting the government to announce a cut to a tax on fuel to help ease...
16 hours ago
RBA says inflation is too high as confidence readings slump
In Australia, fuel prices have surged to record highs, prompting the government to announce a cut to a tax on fuel to...
16 hours ago
Johor-Singapore SEZ master plan said to be nearing completion; data centres, semiconductors draw interest
Jean Low - Panellists point to growing interest in sectors aligned with the zone’s cost, infrastructure advantages
16 hours ago
Korean AI chip startup DeepX prepares public share offering
SEOUL, April 14 : South Korean AI chip startup DeepX said on Tuesday it is preparing to list its shares domestically, adding the firm is open to a possible U.S. listing after that. The on-device AI chip company, which works with Hyundai Motor and Baidu, plans to select banks to manage its initial pu ...
16 hours ago
OpenAI investors question $852 billion valuation as strategy shifts, FT reports
April 14 : OpenAI's $852 billion valuation is under scrutiny from its own backers as the group switches focus to the enterprise market and tackling competition from Anthropic, the Financial Times reported on Tuesday.Some OpenAI investors told the FT the changes could leave it vulnerable to Anth ...
16 hours ago
OpenAI's $852 billion valuation faces investor scrutiny amid strategy shift, FT reports
April 14 : OpenAI's $852 billion valuation is under scrutiny from some of its own backers as the company shifts its focus to the enterprise market to fend off competition from Anthropic, the Financial Times reported on Tuesday.Last month, OpenAI raised $122 billion in what would likely rank as ...
16 hours ago
Asian stocks rally, crude drops on lingering hope for a peace deal
The US military has begun its blockade of Iranian ports along the Strait of Hormuz, adding to fears for energy supplies from the Middle East.
16 hours ago
Amazon nears deal for Globalstar in push to rival Elon Musk’s Starlink
Satellite broadband is seen as an increasingly viable alternative to ground-based service, especially in hard-to-reach locations
16 hours ago
Australia's Qantas warns of big bill from higher jet fuel prices
The cost of jet fuel in the second half of 2026 is now expected to be A$3.1 billion to A$3.3 billion, up from A$2.5 billion in Qantas' previous forecast.
17 hours ago
Qantas lifts fuel cost forecast as Middle East war jolts oil markets
The airline said it will be increasing fares and moving flights toward routes where demand remained strong
17 hours ago
Higher inflation to help lift Parkway Life REIT's income, says DBS
The Edge Singapore - Derek Tan of DBS Group Research has maintained his upbeat call on Parkway Life REIT following prospects of higher inflation which will result in higher income, given how the REIT's income is structured. On April 14, the Monetary Authority of Singapore raised its inflation forecast to 1.5-2.5%, ...
17 hours ago
M&A boom in Japan is fuelling record corporate bond sales
The nation’s companies face pressure from investors to deploy cash into growth investments
17 hours ago
Amazon nears deal to buy Globalstar, Bloomberg News reports
April 13 : Amazon is in advanced talks to acquire satellite telecom group Globalstar, a deal that would bolster the tech major's push to build its own satellite operation, Bloomberg News reported on Monday.A transaction could be announced as soon as Tuesday, the report said, citing people famil ...
17 hours ago
Union Steel’s executive chairman in married deal with Soup Holdings’ Mok Yip Peng with 25 mil shares changing hand
Teo Zheng Long - Union Steel’s executive chairman and CEO, Ang Yu Seng, has emerged as a substantial shareholder of Soup Holdings (SGX: 5KI ) , following a married deal with the company’s co-founder, Mok Yip Peng. According to SGX filings on April 13, Mok sold 25 million shares or 8.95% of the total shares issue ...
17 hours ago
Nissan to trim global car lineup, boost use of AI driving tech
The automaker said it will update on the progress of its restructuring plan next month
18 hours ago
DBS appoints energy and renewables head Kelvin Wong as new CSO
Janice Lim - Wong is also a member of the International Energy Agency’s finance industry advisory board
18 hours ago
What to know about the US blockade of Iran’s ports
The ultimate aim of a blockade would be to cut off Iran’s oil flows, severing a vital financial lifeline for the regime
18 hours ago
With cocoa prices down, UOBKH and RHB raise target prices for Delfi
The Edge Singapore - Heidi Mo and John Cheong of UOB Kay Hian have raised their target price for Delfi from $1.12 to $1.68, on the premise the cocoa prices, down some 60% from the 2024 peak, means lower cost pressures on the chocolate maker. In their April 14 note, Mo and Cheong point out that from up to US$12,900 per t ...
18 hours ago
With cocoa prices down 60% from peak, UOBKH raises target price for Delfi to $1.68
The Edge Singapore - Heidi Mo and John Cheong of UOB Kay Hian have raised their target price for Delfi from $1.12 to $1.68, on the premise the cocoa prices, down some 60% from the 2024 peak, means lower cost pressures on the chocolate maker. In their April 14 note, Mo and Cheong point out that from up to US$12,900 per t ...
18 hours ago
BlackRock’s Asia private credit fund sees China borrower default
The default comes at a time when the US$1.8 trillion asset class is facing deeper woes in the US after a wave...
18 hours ago
Asian stocks rise on US-Iran deal hopes amid Hormuz blockade, oil falls
Since the US and Israel launched the war in late February, the Trump administration has taken repeated steps to contain prices
18 hours ago
Asian stocks rise on Iran deal hopes, oil falls
Since the US and Israel launched the war in late February, the Trump administration has taken repeated steps to contain prices
18 hours ago
Bank of Korea governor nominee positive about won-denominated stablecoins
SEOUL, April 14 : The nominee to become the Bank of Korea's governor agreed to introduce won-denominated stablecoins, saying they would play a role in the currency ecosystem of the future, according to written remarks that were submitted on Monday to parliament."I expect that central bank ...
18 hours ago
DBS appoints Kelvin Wong to spearhead sustainability
Lin Daoyi - DBS, Singapore's largest bank, has appointed Kelvin Wong as chief sustainability officer. Wong will officially take over from Helge Muenkel on May 11 as the latter leaves the bank and relocates overseas. Joining DBS a decade ago, Wong is currently managing director and head of energy, renewable ...
18 hours ago
HSBC chair says Middle East peace deal needed to restore global energy flows
HONG KONG, April 14 : HSBC Holdings Chair Brendan Nelson said on Tuesday that a Middle East peace deal was essential to ensure a substantial resumption of global energy flows, with oil-driven inflation looming as a major risk to the world economy.Nelson, speaking at the HSBC Global Investment Summit ...
18 hours ago
Maybank maintains ‘hold’ for Q&M despite ambitious growth strategy; execution of M&A key to re-rating
Teo Zheng Long - Eric Ong of Maybank Securities has maintained a “hold” call and target price of 64 cents for Q&M Dental Group (SGX: QC7 ) (Q&M), given the relatively balanced risk-reward ratio for the ongoing potential M&As. In his April 14 report, Ong points out that Q&M recently embarked on an ...