8 hours ago
Sats, SIA lead Singapore stock market tumble on Iran war fears; STI down 2.1%
Jude Chan - Of the 30 counters on the blue-chip index, 25 end the day down
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Orange adds AST SpaceMobile to growing roster of satellite-to-mobile partners
March 2 : French telecommunications leader Orange on Monday announced a partnership with AST SpaceMobile and Satellite Connect Europe, a joint venture between AST and Vodafone, to boost direct-to-cell connectivity.Direct-to-device satellite services allow standard smartphones to connect to satellite ...
8 hours ago
Iran crisis jolts Japan bond yields, muddies BOJ rate outlook
TOKYO, March 2 : Market expectations for Japanese bond yields and the central bank's next rate increase have been thrown into disarray as investors fear an extended conflict in the Middle East will have knock-on effects on the yen and domestic inflation.The initial reaction by Japanese governme ...
8 hours ago
Nokia expands partnerships with TIM Brasil, Deutsche Telekom in AI technology push
March 2 : Nokia said on Monday it was expanding partnerships with TIM Brasil and Deutsche Telekom, as the Finnish 5G gear maker seeks to capitalise on adoption of AI-based technologies worldwide.These deals, which follow last week's announcement of a multi-year contract with Telefonica to provi ...
9 hours ago
Analysts remain positive on CSE Global following recent FY2025 results
Teo Zheng Long - Analysts from CGS International, RHB Bank Singapore and Maybank Securities are keeping their respective “add” and “buy” calls on CSE Global (SGX: 544 ) following the recent FY2025 results. In their Feb 27 report, CGS International analysts, Tan Jie Hui and Lim Siew Khee, are maintaining a ...
9 hours ago
Malaysia renews rare-earths supplier Lynas’ operating licence for 10 years
The group is one of the few outside China with commercial-scale processing capacity
9 hours ago
Budget 2026: Singapore to train 100,000 workers to apply AI
Young Zhan Heng - The government also aims to support 10,000 enterprises in adopting artificial intelligence over the next three years
10 hours ago
Singapore steps up AI investments with planned AI park at One-North
Kwan Wei Kevin Tan - Singapore will be building a new AI park at LaunchPad @ One-North, says Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong. Gan was speaking at the Ministry of Trade and Industry’s (MTI) Committee of Supply debate on Mar 2 when he announced the new initiative. The new AI park will ...
10 hours ago
Amazon's AWS reports outage after UAE datacenter struck by 'objects'
March 2 : Amazon's cloud-computing facilities in the Middle East faced power and connectivity issues on Monday after unidentified "objects" struck its data center in the United Arab Emirates.The objects had triggered a fire on Sunday that forced authorities to eventually cut power to ...
10 hours ago
Amazon's AWS reports outage after UAE data center struck by 'objects'
March 2 : Amazon cloud-computing unit's facilities in the Middle East were facing power and connectivity issues on Monday, the company said after its United Arab Emirates data center was struck by "objects," triggering a fire.Amazon Web Services' UAE and Bahrain regions were affe ...
10 hours ago
Amazon's AWS reports power, connectivity issues in Bahrain, UAE amid Iran strikes
March 2 : Amazon cloud unit's data centers in Bahrain and the UAE were facing power and connectivity issues on Monday, the company said, as Iranian retaliatory strikes hit airports, ports, and residential areas across the wider Gulf.Two of Amazon cloud unit's zones, which are clusters of d ...
11 hours ago
Vodafone teams up with Amazon's satellites to connect masts in Europe and Africa
LONDON, March 2 : Mobile company Vodafone said on Monday it had signed a deal with Amazon Leo, the U.S. company's low Earth orbit satellite network, to connect 4G and 5G mobile masts in remote areas in Europe and Africa. Amazon Leo will offer connections of up to 1 Gbps for download and 400 Mbp ...
11 hours ago
Ship insurers cancel war risk cover due to Iran conflict
Several tanker owners, oil majors and trading houses have since suspended shipments through the narrow waterway
12 hours ago
Budget 2026: New consolidated Edge grant to streamline funding application process for SMEs
Paige Lim - Existing support schemes will also be enhanced to help more Singapore businesses capture overseas and domestic growth
12 hours ago
Toku reports higher FY2025 losses driven by IPO costs, sees commercial momentum ahead
Benjamin Cher - Leading indicators point to its engine being ‘strong’, says CEO
12 hours ago
Toku reports higher FY2025 losses driven by IPO costs; highlights commercial momentum going forward
Benjamin Cher - Leading indicators point to its engine being ‘strong’, says CEO
12 hours ago
Jack Dorsey’s 4,000 job cuts at block arouse suspicions of AI-washing
The company’s recent history suggests that AI adoption is not the only factor influencing its staffing decisions
12 hours ago
Toyota bumps offer for supplier to $30 billion, in a victory for activist fund Elliott
TOKYO, March 2 : Toyota bumped its offer price for supplier Toyota Industries on Monday, valuing the bid at $30 billion and ending a months-long battle with activist fund Elliott Investment Management, which had pushed for a higher price.Elliott said it had agreed to tender its shares in the forklif ...
12 hours ago
Elliott agrees to Toyota's increased $30 billion tender offer for Toyota Industries
TOKYO, March 2 : Elliott Investment Management has agreed to tender its shares in forklift maker Toyota Industries after Toyota bumped its take-private bid to 20,600 yen ($132), valuing the offer at $30 billion and ending a months-long tug-of-war over the price.In a statement on Monday, Elliott said ...
12 hours ago
Toyota plans to hike offer price for group firm TICO, extend deadline again
TOKYO, March 2 : Toyota plans to raise its tender offer price for group firm Toyota Industries, or TICO, to 20,600 yen ($132) per share under certain conditions and extend the deadline again for the offer to March 16, a filing showed on Monday.The Japanese automaker had previously offered 18,800 yen ...
12 hours ago
Asian airline shares fall as US-Iran conflict disrupts travel
SYDNEY: Airline shares plunged on Monday (Mar 2), with Hong Kong's Cathay Pacific, Australia's Qantas Airways, Singapore Airlines and Japan Airlines down more than 5 per cent after the US and Isr
13 hours ago
Geely extends lead over BYD with biggest sales gap since 2022
Carmakers are rolling out ultra-long-term financing programmes
13 hours ago
Blackstone’s CEO took home a near-record US$1.24 billion in 2025
The payday underscores how the biggest alternative asset managers have insulated themselves from a rough spell in private equity
14 hours ago
Travel chaos worsens as Iran conflict shuts key Middle East airports
The extensive suspension of all air services will severely disrupt the finely-tuned choreography of global aircraft movements
14 hours ago
DBS cuts AvePoint TP to $20 on SaaS de-rating
Nurdianah Md Nur - DBS Group Research has maintained its “buy” call on AvePoint with a lower target price (TP) of $20, down from $28, to reflect the broader de-rating of software-as-a-service (SaaS) peers. Analyst Sachin Mittal says the reduced target price is based on seven times 12-month forward EV/Sales. Despit ...
14 hours ago
Australia stock exchange hunts for new chief as lawsuit, regulatory lapses loom
SYDNEY, March 2 : As a change of guard looms over the embattled Australian stock exchange, the new chief's debut will be anything but smooth with a lawsuit linked to revamping a trade settlement system and a number of regulatory issues clouding its outlook. Last month, ASX Chief Executive Helen ...
14 hours ago
China’s five-year plan to target fixes to commodities supply
Beijing wants to strengthen resilience in some areas and ease cutthroat competition in others
14 hours ago
Toku’s CEO shrugs off AI fears after tech sell-off
Kwan Wei Kevin Tan - Toku (SGX: TKU ) founder and CEO Thomas Laboulle says he is not too worried by the tech sell-off that swept markets last week. Tech and software companies such as IBM and DocuSign took a hit to their stock price last week following the release of a bearish report on AI’s risks by Citrini Research, ...
14 hours ago
Cyber extortion shifts to data theft as CISOs face rising personal liability: reports
Nurdianah Md Nur - The job of defending corporate networks is getting harder and more personal. Cyber attackers are abandoning the noisy tactics that once dominated breach headlines and shifting toward quieter, faster forms of extortion. At the same time, the chief information security officers (CISOs) responsible for ...
14 hours ago
Budget 2026: New Bill to be tabled in 2026 to strengthen court powers in civil debt enforcement
Tessa Oh - New legislation aims to create a new class of officers to help parties recover what they are owed
14 hours ago
Bank of Japan deputy governor says rate hikes likely to continue
[TOKYO] Bank of Japan Deputy Governor Ryozo Himino said on Monday the central bank is expected to gradually shift to a more...
15 hours ago
Reits that don’t trade well should be privatised, or sell assets and be liquidated
Leslie Yee - Post selling One Raffles Place, OUE Reit should be privatised or divest the rest of its properties
15 hours ago
Japan faces growth risks, slower BOJ rate hikes from Iran conflict
TOKYO, March 2 : Japan faces risks of low growth and high inflation if a prolonged Middle East conflict keeps oil prices elevated and hits the import-reliant economy, analysts say, complicating the central bank's efforts to push up still-low interest rates.Oil prices jumped 7 per cent to their ...
15 hours ago
‘I have to buy her gold’: Behind India’s fixation with the precious metal
As gold prices have risen and fallen in the past few weeks, Indians have adjusted, but gold buying has not stopped