7 hours ago
Gold steadies as US and Iran offer divergent routes to end war
Spiking energy prices have raised the risk of inflation
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
7 hours ago
Philippines launches $333 million fund to boost fuel security
7 hours ago
Gulf airspace closures leave Asia-to-Europe travellers stranded and bleeding cash
Travel insurance offers little relief, as most policies exclude war-related disruptions
7 hours ago
Citi's co-head of Asia investment banking Metzger joins StanChart
March 26 : Jan Metzger, Citigroup's co-head of investment banking for Asia, will join Standard Chartered as global head of coverage banking, the London-headquartered bank said on Thursday.Metzger is joining the bank's corporate & investment banking team in Hong Kong and will report to ...
7 hours ago
Citi's co-head of Asia investment banking Metzger departs, Bloomberg News reports
March 25 : Citigroup's Jan Metzger, co-head of investment banking for Asia, has stepped down, Bloomberg News reported on Wednesday, citing an internal memo.Kaustubh Kulkarni, who was named co-head six months ago, will now be the sole head of investment banking for the region, the report added.C ...
7 hours ago
Nanya Technology shares surge 10% after $2.5 billion fundraising
TAIPEI, March 26 : Shares of Taiwanese memory chip maker Nanya Technology opened limit-up 10 per cent on Thursday after raising about $2.5 billion in a private placement from SanDisk Technologies and others to expand advanced chip production.The fundraising comes as chipmakers boost production capac ...
7 hours ago
Nanya Technology shares surge 10% after $2.5 billion private placement
TAIPEI, March 26 : Shares of memory chip maker Nanya Technology opened on Thursday limit up 10 per cent after it issued a $2.5 billion private placement backed by tech firms such as Sandisk Technology.Nanya Technology announced share sales to Sandisk Technology, Cisco Systems, among others via priva ...
8 hours ago
Tiger Beer’s 100-year history: From Singapore birth to global production
Deon Loke - The Business Times looks back at how the brand earned its stripes over the years
8 hours ago
Sert invests 50 million euros in data centre development fund AiOnX
Shikhar Gupta - The investment is done via a mandatory convertible loan, carrying a 7.25% annual cash coupon
8 hours ago
Stocks to watch: Stoneweg Europe Stapled Trust, Lippo Malls Indonesia Retail Trust
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Mar 26):
8 hours ago
Stock to watch: Stoneweg Europe Stapled Trust
Shikhar Gupta - [SINGAPORE] The following company saw new developments that may affect trading of their securities on Thursday (Mar 26):
8 hours ago
Jefferies profit rises on dealmaking but misses estimates from losses on First Brands, MFS
The investment bank has offices in the United Arab Emirates, Saudi Arabia, and Israel
8 hours ago
Stoneweg Europe Stapled Trust to invest another €50 million in sponsor's data centre platform AiOnX
The Edge Singapore - Stoneweg Europe Stapled Trust has invested another €50 million in AiOnX, its sponsor’s private European data centre development platform, via a mandatory convertible loan carrying a coupon of 7.25% p.a with a tenure of seven years. Upon maturity, the loan can be converted into AiOnX shares at di ...
9 hours ago
Trump reschedules China visit for Xi talks to May 14-15 after Iran war delay
The US president has vowed to rebuild that tariff wall through other authorities
9 hours ago
US insists talks ongoing even as Iran rejects Trump outreach
The US leader has said he hopes to reach an agreement by the end of the week
9 hours ago
US troop movements fan fears of a risky ground attack on Iran
By Courtney McBride and Jen Judson - Even as Donald Trump pushes for talks to end the war against Iran, the US has ordered thousands of troops to the region, fueling fears that the president is gearing up for exactly the sort of risky ground invasion that he once campaigned against. Iran has publicly rejected Trump’s diplomatic outre ...
9 hours ago
Ring the bell: Could Singapore be a victim of its own S-Reit success?
Jude Chan - What’s in the pipeline of new Reit listings is a welcome sign. But SGX’s deeper challenge is far harder to solve
10 hours ago
Japan posts longest streak of first-day IPO flops since 2020
Japanese stocks have entered a technical correction this month as the war in Iran turned investors more risk averse
10 hours ago
US oil prices rise as investors assess Middle East de-escalation
TOKYO, March 26 : U.S. oil prices rose in early trade on Thursday, recovering some of the previous day's losses as investors assessed prospects for de-escalation in the Middle East and Iran reviewed a U.S. proposal to end the war, which has disrupted energy flows from the Gulf.U.S. West Texas I ...
10 hours ago
Oil prices climb, Asian stocks mixed as investors reassess Middle East ceasefire prospects
"While the headline flow points to a more constructive tone, markets remain unsure which signals to trust and act upon," said an analyst.
10 hours ago
Wall Street advances as investors bet on Middle East de-escalation
The oil price spike has revived inflation worries, complicating the interest-rate outlook of central banks
10 hours ago
Oil prices climb as investors reassess Middle East ceasefire prospects
Iraqi oil production has slumped, with storage tanks reaching high and critical levels, three Iraqi energy officials say
10 hours ago
Oil prices drop 2% as Iran considers US proposal to end war
Extreme price swings in recent weeks boosted both crude benchmarks’ historic volatility
11 hours ago
Europe’s Stoxx 600 gains over 1% on Middle East ceasefire hopes
The major regional bourses also advanced more than 1%
11 hours ago
Keppel CEO Loh Chin Hua bets on AI, energy transition to drive S$200 billion ambition
Jude Chan - The asset manager expects to cross S$100 billion in funds under management this year
11 hours ago
Oil prices slip, stocks rally as Washington, Tehran bicker over talks
Oil prices fell and global stocks rose as analyst Jack Ablin said investors were "really just latching on to any promising news right now."
12 hours ago
Explainer-What comes next after the social media trial verdicts?
March 25 : - Recent jury verdicts in California and New Mexico involving Meta Platforms and Alphabet's Google are sharpening scrutiny of social media companies as plaintiffs advance legal theories aimed at holding platforms liable for harm to children. Here's a look at how the cases could ...
12 hours ago
Travel tech firm Navan sees strong 2027 revenue on demand from new customers
March 25 : Corporate travel booking agency Navan on Wednesday forecast 2027 revenue above Wall Street estimates, banking on strong demand from on-boarding new company clients to its platform.Shares of Navan rose over 15 per cent in aftermarket trading. The Palo Alto, California-based firm makes a bu ...
15 hours ago
Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million
March 25 : Indian IT services firm Infosys said on Wednesday it had entered into separate agreements to acquire U.S.-based technology companies Optimum Healthcare IT and Stratus in all-cash deals.Infosys will buy healthcare consulting firm Optimum Healthcare IT for $465 million and insurance technol ...
15 hours ago
US jury finds Meta and Google liable in social media addiction trial
LOS ANGELES, March 25 : A Los Angeles jury found Alphabet's Google and Meta liable for $3 million in damages on Wednesday in a landmark social media addiction lawsuit. The outcome could influence thousands of similar cases against the tech companies brought by parents, attorneys general and sch ...
15 hours ago
Jury reaches verdict in Meta, Google trial on social media addiction
LOS ANGELES, March 25 : A Los Angeles jury reached a verdict on Wednesday in a landmark social media addiction trial that involves Meta's Instagram and Google's YouTube, according to spokespeople for the plaintiff and Meta.The jury is expected to read the verdict on Wednesday.The outcome c ...
16 hours ago
SpaceX IPO leaves some private share buyers unsure what they own
NEW YORK, March 25 : Entrepreneur Tejpaul Bhatia is confident he owns a slice of Elon Musk’s SpaceX. But he can't be 100 per cent sure.When the former Google executive entered the space industry in 2021, SpaceX was already one of the world’s most sought‑after private companies, valued at ...
16 hours ago
Genetic study identifies earliest-known dog, dating to 15,800 years ago
WASHINGTON, March 25 : Dogs have been loyal companions to people since we made them our first domesticated animals, descending long ago from gray wolves - though precisely when, where and why have remained unanswered. New genetic research now is offering valuable insight, including identifying the e ...
17 hours ago
Dollar firms as markets weigh Iran diplomacy
NEW YORK, March 25 : The dollar advanced against major currencies on Wednesday, as traders weighed global inflation trends and remained skeptical of de-escalation in the Iran war.Iran is still reviewing a U.S. proposal to end the conflict, despite an initially negative response, stopping short of re ...