23 hours ago
Demand for analysts grows as equities market gains momentum: industry players
Ranamita Chakraborty - The hiring push comes as regulatory initiatives are rolled out to boost coverage of small and mid-cap stocks
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
23 hours ago
Stocks slip, dollar strong as Iran conflict pushes oil prices higher
BOSTON/LONDON, March 13 : Stocks fell and the U.S. dollar strengthened on Friday as uncertainty over the Iran war continued to disrupt energy supplies, heightening concerns over fuel prices and interest rates.The price of oil crossed $100 per barrel even as an Indian tanker sailed out of the Strait ...
23 hours ago
Stocks dip, dollar strong as Iran conflict keeps oil prices high
BOSTON/LONDON, March 13 : Global stocks fell and oil prices stayed high on Friday as uncertainty over the Iran war continued to disrupt energy supplies, heightening concerns over fuel inflation and interest rates.The price of oil hovered around $100 per barrel even as an Indian tanker sailed out of ...
23 hours ago
Stocks mixed, dollar up as Iran conflict keeps oil prices high
BOSTON/LONDON, March 13 : Global stocks were mixed and oil prices stayed elevated as uncertainty over the Iran war continues to disrupt energy supplies, driving concerns over fuel inflation and interest rates.The price of oil hovered around $100 per barrel even as an Indian tanker sailed out of the ...
23 hours ago
Stocks rise on lower oil prices, though Iran conflict clouds outlook
BOSTON/LONDON, March 13 : Stocks rose on Friday after recent heavy selling, helped by lower oil prices, although uncertainty over the Iran war continues to disrupt energy supplies which is driving concerns over fuel inflation and interest rates.The price of oil fell below $100 per barrel, as an Indi ...
23 hours ago
Wall St opens mixed as investors weigh data, Middle East war
[NEW YORK] Wall Street’s main stock indexes opened mixed on Friday (Mar 13), after sharp losses in the previous session, while investors...
23 hours ago
No significant changes in vessel arrivals; Singapore has adequate marine fuel, says MPA
Derryn Wong - The authority’s responses are to queries on pre-emptive actions it is taking to address possible congestion, shortages
24 hours ago
Didi swings back to a loss in Q4 after revving up global expansion
Its revenue is up by more than 10%, reflecting growth in newer international markets including Brazil and Mexico
24 hours ago
Adobe reaches $150 million settlement of US lawsuit over termination fees, subscription cancellations
March 13 : Adobe reached a $150 million settlement to resolve a U.S. government lawsuit accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees and making it difficult to cancel subscriptions, the Department of Justice said on Friday.The accord requires Ado ...
24 hours ago
Adobe pays $75 million to settle US lawsuit over termination fees, subscription cancellations
March 13 : Adobe said on Friday it will pay $75 million to resolve a U.S. government lawsuit accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees and making it difficult to cancel subscriptions.The San Jose, California-based company said it will also pro ...
24 hours ago
Adobe to pay $75 million to resolve US lawsuit over fees, subscription cancellations
March 13 : Adobe said on Friday it will pay $75 million to the U.S. government to resolve a lawsuit accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and making it difficult to cancel subscriptions.The company sa ...
24 hours ago
SIA, Lufthansa and other airlines add over 15 Singapore-Europe flights in March amid Iran war
Paul Nah SC - [SINGAPORE] Some airlines, including Singapore Airlines (SIA), Air France, British Airways and German national carrier Lufthansa will add more than 15 flights between...
24 hours ago
Infini Capital says operations 'remain normal' after reports of Hong Kong regulatory probe
BEIJING, March 13 : Hong Kong-based hedge fund Infini Capital said on Friday that its "overall business and operations remain normal" and its investment management and decision-making processes "remain unaffected," following reports it was probed by authorities.Hong Kong regulato ...
1 day ago
Iran war unlikely to have prolonged impact on stock markets, analysts say
Staying invested in the stock market is likely the best strategy for investors amid volatility from the war in the Middle East, analysts said.
1 day ago
Ancient vial in Turkey shows Romans used human excrement in medicine
BERGAMA, Turkey, March 13 : Archaeologists in Turkey have discovered traces of human excrement in a 1,900-year-old glass vial used to hold perfumes or elixirs, which they believe is the first physical evidence that the Romans used faeces medicinally.Previously, the practice of applying excrement to ...
1 day ago
Delivery Hero investor Aspex calls on CEO to step up turnaround or face ouster
Aspex questions Delivery Hero’s ownership of certain businesses
1 day ago
TEPCO says it will delay commercial start of Kashiwazaki-Kariwa nuclear reactor
TOKYO, March 13 : Tokyo Electric Power said on Friday it will likely delay the start of commercial operations at the Kashiwazaki-Kariwa nuclear power plant because of a minor electricity leak that will temporarily suspend power transmission.TEPCO said it had decided on the suspension from the plant& ...
1 day ago
SingLand sees ‘healthy’ interest in The Clifford ahead of 2028 completion of Raffles Place redevelopment
Chong Xin Wei - The group is ‘cautiously optimistic’ on rents in the area, with tight office supply and strong demand for Grade A space expected...
1 day ago
Sinopec plans to cut crude runs by over 10% on Middle East supply squeeze: sources
The refiner will focus on maximising fuel output at the expense of petrochemicals production
1 day ago
ISDN Holdings’ subsidiary announces strategic partnership with Panasonic to scale LiveInspect.AI solutions
Teo Zheng Long - ISDN Holdings’ (SGX: I07 ) subsidiary, NovaPeak Pte Ltd (NovaPeak) announces a strategic partnership with Panasonic Holdings Corporation (Panasonic) to scale up NovaPeak’s LiveInspect.AI solutions globally. According to ISDN, LiveInspect.AI is a commercialised AI-powered solution for advanced au ...
1 day ago
Malaysia’s IJM board calls Sunway's $2.8 billion takeover bid 'not fair', urges rejection
March 13 : Malaysia's IJM Corp said on Friday its board has urged shareholders to reject a roughly 11 billion ringgit ($2.80 billion) takeover offer from conglomerate Sunway, after an independent adviser said the offer price was "not fair and not reasonable."M&A Securities, an ind ...
1 day ago
Singtel unit launches US$250 million global AI growth fund
Shikhar Gupta - The Singtel Innov8 fund will back high-growth AI startups
1 day ago
Crude futures turn positive on continued Hormuz closure
HOUSTON, March 13 : Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the weekend might bring surprise changes in the status of the war two weeks after it started. Brent futures for May were up $1.59, or 1.58 per cent, to $102.05 a barrel at 11:35 ...
1 day ago
Brent crosses $100/bbl as tanker path corrected
(Corrects with tanker sailing out of Oman not through Strait of Hormuz)By Anna HirtensteinLONDON, March 13 : Brent crude climbed past $100 a barrel on Friday as it became clear an Indian tanker did not sail through the Strait of Hormuz but had departed from Oman east of the strait, which has been cl ...
1 day ago
Oil prices dip as Indian tanker sails out of Strait of Hormuz
LONDON, March 13 : Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the U.S. put forth measures to try and ease supply concerns, but were on track for weekly gains as disruptions due to the Middle East conflict broadly persisted.Brent futures for May was down 92 ...
1 day ago
Oil prices decline as Indian tanker sails out of Strait of Hormuz
LONDON, March 13 : Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the U.S. put forth measures to try and ease supply concerns, but were on track for weekly gains as Gulf disruptions from the Middle East conflict broadly persisted.Brent futures for May declined ...
1 day ago
Oil on track for weekly gains despite US sanctions waiver on Russian oil
LONDON, March 13 : Oil prices dipped on Friday, but were on track for weekly gains as Gulf disruptions from the Middle East conflict outweighed U.S. and International Energy Agency measures to ease supply concerns.Brent futures for May declined $1.22, or 1.2 per cent, at $99.24 a barrel at 1053 GMT, ...
1 day ago
Oil on track for weekly gains despite US waiving Russian purchase rules
LONDON, March 13 : Oil prices extended their climb on Friday and were on track for weekly gains as disruptions in the Gulf from the Middle East war outweighed U.S. and International Energy Agency measures to ease supply concerns.Brent futures for May rose 88 cents, or 0.9 per cent, to $101.34 a barr ...
1 day ago
Are bonobos truly the peaceful counterparts to chimps? New study says no
WASHINGTON, March 13 : Bonobos for years have had the reputation of being the cool hippies of the simian world, with a "make love, not war" ethos, in contrast to their belligerent cousins, the chimpanzees. But is this reputation valid? A new study suggests it is not.Researchers tabulated a ...
1 day ago
Singtel Innov8 launches US$250 mil AI fund to back growth-stage start-ups globally
Nurdianah Md Nur - Singtel Innov8, the corporate venture capital arm of Singapore Telecommunications (Singtel), has launched a US$250 million ($320 million) fund to invest in growth-stage artificial intelligence (AI) start-ups worldwide. The AI Growth Fund will focus on companies developing technologies for customer e ...
1 day ago
Trump crypto venture offers “guaranteed direct access” for $5 million
NEW YORK, March 13 : Investors in World Liberty Financial, the crypto venture co-founded by President Trump and his sons, have secured what the company described on its website as “guaranteed direct access” to certain members of its team for those who lock up $5 million worth of their tokens for ...
1 day ago
Nvidia to focus on competition-beating AI advances at megaconference
SAN FRANCISCO, March 13 : When Jensen Huang strides onto the stage of a packed hockey arena to kick off Nvidia's annual developer conference on Monday, he is likely to reveal products and partnerships geared toward keeping the AI chipmaker atop a growing array of competitors.Taking over the hea ...
1 day ago
MUFG to monitor liquidity impact of new loans amid Japan's US investment push
TOKYO, March 13 : Mitsubishi UFJ Financial Group will closely monitor liquidity when issuing loans, an executive said, as Japanese banks prepare to potentially back projects under the country's $550 billion investment package in the United States.Japanese financial institutions are expected to ...
1 day ago
Hong Kong proposes easing rules for dual-class share listings in competitiveness push
Bourse proposes cutting one market value threshold by half