10 hours ago
Wall Street opens subdued as investors monitor US-Iran tensions
[NEW YORK] Wall Street’s main indexes opened subdued on Tuesday (Mar 10), following comments from US officials that suggested escalating hostilities in...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
10 hours ago
Dutch court upholds ruling forcing Meta to offer chronological feeds
AMSTERDAM: A Dutch appeals court on Tuesday (Mar 10) upheld an October ruling requiring Meta Platforms to let Facebook and Instagram users in the Netherlands view posts chronologically, rather than via profiling-based feeds.Digital rights group Bits of Freedom, which brought the case, had argued in ...
10 hours ago
Amazon targeting $37 billion in bond sale amid AI push
March 10 : Amazon.com is looking to raise about $37 billion in an 11-part bond sale, according to a term sheet seen by Reuters on Tuesday, as it looks to fund its spending on AI infrastructure buildout.The sale attracted about $126 billion of peak demand for bonds in the U.S., a source familiar with ...
10 hours ago
Amazon targeting $37 billion to $42 billion in bond sale, Bloomberg News reports
March 10 : Amazon.com is targeting about $37 billion to $42 billion in its latest bond sale, Bloomberg News reported on Tuesday, citing people familiar with the matter.The reported figure would mark one of the latest corporate bond offerings as the company looks to fund its spending on artificial in ...
10 hours ago
US seeks comment on Zoox petition to deploy robotaxis without steering wheels
WASHINGTON, March 10 : The National Highway Traffic Safety Administration said Tuesday it is seeking public comments on Amazon.com's self-driving unit Zoox to deploy up to 2,500 purpose-built, steering-wheel-free robotaxis.Zoox filed a petition in August seeking approval with the auto safety ag ...
10 hours ago
Iran war forces Japanese auto-parts suppliers to turn to Russia’s Rusal
Sources say aluminium producers are likely to ask for long-term agreements for urgently needed supply
10 hours ago
US stocks dip, oil pulls back as Wall Street weighs conflicting messages on Iran
BOSTON/LONDON, March 10 : Wall Street stocks ticked lower while oil prices pulled back on Tuesday after U.S. President Donald Trump declared the Middle East war could be "over soon" even as the U.S. and Israel pounded Iran with intense airstrikes.U.S. stocks lost steam, giving up early gai ...
10 hours ago
Stocks advance, oil plummets as Wall Street looks past intense airstrikes on Iran
BOSTON/LONDON, March 10 : Wall Street stocks rebounded and oil prices pulled back sharply on Tuesday after U.S. President Donald Trump declared the Middle East war could be "over soon," even as the U.S. and Israel pounded Iran with what the Pentagon and Iranians on the ground said were the ...
10 hours ago
Stocks gain, oil prices pull back as Trump and Iran trade barbs
BOSTON/LONDON, March 10 : Wall Street stocks advanced and oil prices plummeted on Tuesday after U.S. President Donald Trump declared the Middle East war could be "over soon" despite defiant comments from Iran’s military that cast some doubt over the prospects of a swift resolution.The Do ...
10 hours ago
Stocks mixed, oil prices pull back as Trump and Iran trade barbs
BOSTON/LONDON, March 10 : Wall Street stocks fell and oil prices dropped on Tuesday after U.S. President Donald Trump declared the Middle East war could be "over soon" despite defiant comments from Iran’s military that cast some doubt over the prospects of a swift resolution.The Dow Jone ...
10 hours ago
Stocks rise, oil pulls back as Trump and Iran trade barbs
BOSTON/LONDON, March 10 : Wall Street stocks fell and oil prices dropped on Tuesday after U.S. President Donald Trump declared the Middle East war could be "over soon" despite defiant comments from Iran’s military that cast some doubt over the prospects of a swift resolution.The Dow Jone ...
10 hours ago
AI startup Thinking Machines clinches capital and a major chip supply deal from Nvidia
March 10 : AI startup Thinking Machines Lab said on Tuesday it has struck a multi-year partnership with Nvidia that will see it receive a significant investment and procure at least one gigawatt of the chipmaker's next-generation processors.Financial terms of the deal were not disclosed.Under t ...
10 hours ago
Qualcomm, Wayve partner to accelerate AI-powered self-driving system rollout
March 10 : Qualcomm and British self-driving startup Wayve said on Tuesday they are collaborating on an integrated artificial intelligence system to help automakers rapidly deploy advanced driver-assistance and automated driving features.The tie-up combines Wayve's "AI Driver" softwar ...
10 hours ago
Asia’s fuel crunch forces four-day weeks and school closures
The Iran war has led to a surge in global energy prices
11 hours ago
Legal AI startup Legora raises $550 million to speed up US expansion
11 hours ago
Nio swings to black with Q4 profit of 122.4 million yuan on record deliveries
Shikhar Gupta - Its full-year net loss narrows from 22.7 billion yuan to 15.6 billion yuan
11 hours ago
OCBC sees regional transaction banking growth outpacing Singapore, senior executive says
Transaction banking revenue is currently split about 60:40 between domestic and regional markets
12 hours ago
Jardine Matheson 2025 underlying profit up 11% at US$1.7 billion
Shikhar Gupta - The group’s final dividend of US$1.75 a share brings its full-year payout to US$2.35 a share
12 hours ago
Citi braces for busy spell for financial sponsors deals in Asia
The bank leads on the STT GDC deal for KKR and Singtel, providing key acquisition financing
12 hours ago
South Korea fines Mercedes US$7.6 million over misleading EV battery information
SEOUL: South Korea's antitrust regulator said on Tuesday (Mar 10) it has fined Mercedes-Benz 11.2 billion won (US$7.61 million) for misrepresenting the battery suppliers in its electric vehicles.The Korea Fair Trade Commission said Mercedes-Benz promoted its EQE and EQS models as using premium ...
12 hours ago
Jardine Matheson's underlying profit for FY2025 up 11%; declares higher dividend of US$2.35 per share
The Edge Singapore - Jardine Matheson has reported earnings of US$1.1 billion for its FY2025, a turnaround from losses of US$468 million incurred in the preceding year. Revenue in the same period was down 4% to US$34.2 billion. Underlying profit attributable to shareholders, which the company says is a "key measure ...
12 hours ago
SGX to offer bond futures for India, South-east Asia
The rollout comes as bond markets tumbled amid anxiety about the global economy
13 hours ago
Sembcorp’s A$3 billion Alinta loan fuels Australia’s funding boom
The loan for Sembcorp’s Australian unit will be split between an acquisition tranche
13 hours ago
Residential launches and robust order books to hold up earnings for property, construction stocks
Chong Xin Wei - Property agencies also did well in 2025, but their outlook could be tempered by there being fewer property launches
13 hours ago
Amazon transitions defense workloads, keeps Claude for others
March 10 : AWS is helping customers transition Department of War workloads off Anthropic technology to alternative models on its cloud, an Amazon spokesperson said on Tuesday.Customers and partners can continue using Claude for all non‑DoW workloads, the spokesperson added.
13 hours ago
Bain Capital nears final close of record $10.5 billion Asia fund, sources say
HONG KONG, March 10 : Bain Capital is close to wrapping up fundraising for its sixth pan-Asia private equity fund after raising about $10.5 billion, two people with knowledge of the matter said Tuesday, well exceeding its $7 billion target.The firm has bagged $9 billion from fund investors, or the s ...
13 hours ago
Nissan CFO Papin to step down, executive Leondis to succeed
TOKYO, March 10 : Nissan Motor Co Ltd said on Tuesday Chief Financial Officer Jeremie Papin will step down for personal reasons.George Leondis, a long-serving Nissan executive, is to succeed Papin as CFO on April 1, the automaker also said.
13 hours ago
AT&T outlines $250 billion US investment plan to boost infrastructure in AI age
March 10 : AT&T will spend more than $250 billion over five years in the U.S. to expand its network infrastructure and will hire thousands of technicians this year, it said on Tuesday, as telcos ramp up investments to support surging data demand.Rapid adoption of artificial intelligence, cloud c ...
13 hours ago
AT&T to invest $250 billion over five years in US to boost infrastructure
March 10 : AT&T plans to invest more than $250 billion over five years in the U.S. to build out its network infrastructure, the telecom services provider said on Tuesday.U.S. telecom operators have been aggressively spending on fiber and 5G networks as they compete with cable providers and seek ...
13 hours ago
Volkswagen stung by tariffs, China battle as profit halves
Its operating profit of 8.9 billion euros misses analysts’ forecast of 9.4 billion euros
13 hours ago
Airlines hike ticket prices as Iran war propels fuel costs
Air NZ raises fares, suspends outlook; Qantas exploring options to redeploy capacity to Europe
13 hours ago
Airlines flag higher ticket prices as fuel costs take a toll
The US-Israel war on Iran is also sparking fears of a deep travel slump and the potential widespread grounding of planes
13 hours ago
No heir apparent: Isca president Teo Ser Luck says successor must earn the role, not be groomed
Renald Yeo - Election process is designed to be a ‘more democratic’ system where members ‘have a voice’, he adds
13 hours ago
France to harness nuclear power for AI data centres, says Macron
PARIS, March 10 : France will be able to open data centres and meet the needs of artificial intelligence thanks to its large energy exports, French President Emmanuel Macron said on Tuesday."In France, last year, we exported 90 terawatt-hours of decarbonized electricity. Thanks to our nuclear p ...