5 hours ago
Shipping lines cut Mideast routes posing risk to trade flows
Dubai is also a vital centre for international air cargo
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
6 hours ago
Exclusive-Australia says it may go after app stores, search engines in AI age crackdown
SYDNEY, Mar 2 : Australia's internet regulator said it may push search engines and app stores to block artificial intelligence services that fail to verify user ages after a Reuters review found more than half had not made public any steps to comply by a deadline next week.The warning reflects ...
6 hours ago
With billions already committed, Las Vegas Sands remains ‘very interested’ to invest further in Singapore
Lee U-Wen - New chairman and CEO Patrick Dumont takes on the top job after Marina Bay Sands records the best year since it opened...
8 hours ago
Safe haven Japanese yen and Swiss franc gain after weekend Iran strikes
LONDON, March 1 : The safe haven Swiss franc and Japanese yen strengthened, while the euro slid as currency trading resumed after a weekend that saw the United States and Israel launch their most ambitious attacks on Iran in decades, killing Supreme Leader Ayatollah Ali Khamenei.The euro dropped 0.3 ...
11 hours ago
Toku reports revenue of US$34.8 mil, up 9.3% y-o-y; net loss widens to US$9.1 mil on IPO-related expenses
Kwan Wei Kevin Tan - Cloud communications and AI-powered customer experience platform Toku’s (SGX: TKU ) revenue for the FY2025 ended Dec 31 2025 was up 9.3% y-o-y at US$34.8 million ($44.0 million), up from US$31.8 million in FY2024. Founded in 2018 by former GlobalRoam Group CEO Thomas Laboulle, Toku made its tradin ...
14 hours ago
Iran crisis threatens worst gas market disruption since 2022
Asia is particularly vulnerable, with more than four-fifths of Qatar’s LNG delivered to Asian buyers last year
14 hours ago
Oil jumps 10% on Iran conflict and could spike to US$100 a barrel, analysts say
The OPEC+ group of oil producers agreed on Sunday (Mar 1) to raise output by 206,000 barrels per day from April, representing less than 0.2 per cent of global demand.
14 hours ago
Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say
The OPEC+ group of oil producers agreed on Sunday to raise output by 206,000 barrels per day (bpd) from April, representing less than 0.2 per cent of global demand.
14 hours ago
Yangzijiang Maritime’s H2 profit dips 1% to US$66.2 million in first results after spin-off
Vivien Shiao - For the full year, its earnings decline 5% to US$129.7 million
15 hours ago
BYD February vehicle sales fall at steepest pace since pandemic
BEIJING, March 1 : Chinese electric vehicle maker BYD recorded the biggest fall in global sales in six years last month.BYD's February sales plunged by 41.1 per cent from a year earlier, the sixth consecutive month of decline, according to a stock market filing on Sunday. The fall last month wa ...
15 hours ago
Opec+ to raise oil output slightly even as US war on Iran disrupts shipments
Bloc agrees to raise output by 206,000 bpd; Saudi Arabia and UAE have already raised exports
15 hours ago
Sias questions Vibrant Group on whether former CEO Eric Khua’s exit disclosure was ‘misleading’
Derryn Wong - Vibrant’s bourse filing said Khua stepped down for health reasons, but did not mention his legal troubles
16 hours ago
Asian oil buyers assess stockpiles, Mid-East alternatives as Iran conflict escalates
Indian refiners scout for alternative supplies; S Korea exploring supplies within Asia
16 hours ago
Yangzijiang Financial sinks into red in H2, posts FY2025 loss on China property provisions
Vivien Shiao - No dividend is declared for FY2025, compared with a final dividend of S$0.0345 in the previous year
17 hours ago
Ossia’s Goh family picks up S$73 million bloc of 18 strata units at Orchard Shopping Centre
Chong Xin Wei - While there are plans to enhance the units’ facades, the buyer will likely wait for greater clarity on the outcome of the...
19 hours ago
Nvidia forms alliance to make sure 6G networks embrace AI
The shift is vital for the future’s myriad connected devices and their complex network requirements
19 hours ago
Geo Energy generates higher sales but higher costs lowers FY2025 earnings
The Edge Singapore - Driven by higher production volume, coal miner Geo Energy Resources has reported revenue of US$562.7 million for its FY2025, an increase of 40%. However, as the company continues to invest heavily in preparation works for new mines and infrastructure, and with higher tax, earnings for the same perio ...
20 hours ago
YZJ Financial reports $5.2 mil loss in FY2025 on ECL allowances; YZJ Maritime makes net profit of US$129.7 mil
Felicia Tan - Yangzijiang Financial has reported a loss of $5.2 million in FY2025 ended Dec 31, 2025, compared to a profit of $304.6 million in FY2024. “The recognition of FY2025 allowances reflects prevailing market conditions and aligns our portfolio valuations on a more conservative basis,” says executive ...
20 hours ago
Liquidity and capital – institutional participation continues to broaden across SGX
[SINGAPORE] Ahead of the final session of February, Singapore Exchange (SGX)-listed stocks have been averaging S$1.7 billion in average daily turnover over...
21 hours ago
Temasek-backed Amber’s acquisition of Singapore crypto exchange triggers legal fee dispute
Tessa Oh - High Court rules consultant is owed US$803,664 after fintech firm tries to avoid paying advisory fee after distressed sale
21 hours ago
Iran attack a major triumph for Trump, strengthening his hand ahead of China visit
The attack comes at a delicate moment for US-China relations
23 hours ago
Berkshire CEO Greg Abel seeks to reassure shareholders after taking baton from Buffett
Q4 operating profit falls 30% to US$10.2 billion as income from insurance operations declined
24 hours ago
Xiaomi says February EV deliveries topped 20,000, down from January
BEIJING, March 1 : Chinese electric vehicle maker Xiaomi said it delivered more than 20,000 vehicles in February, down from more than 39,000 in January, according to a post on its official Weibo account on Sunday.The smartphone and consumer electronics maker, which launched its first electric car, t ...
1 day ago
What can China do to slow down its rising currency?
The renminbi has firmed about 2% so far in 2026
1 day ago
South Korea Feb exports beat forecasts, rise for ninth month
SEOUL, March 1 : South Korea's exports extended their growth streak to a ninth month in February as strong chip sales continued to underpin overall shipments even as uncertainties regarding U.S. tariffs cloud the outlook.Exports from Asia's fourth-largest economy, a bellwether for global t ...
1 day ago
OpenAI details layered protections in US defense department pact
Feb 28 : OpenAI said on Saturday that the agreement it struck a day ago with the Pentagon to deploy technology on the U.S. defense department's classified network includes additional safeguards to protect its use cases.U.S. President Donald Trump on Friday directed the government to stop workin ...
1 day ago
Commentary: Does ‘free’ shipping really exist? Here are the marketing tricks you need to know
Don’t let the allure of free delivery trick you into paying for more than you intended, says a professor.
1 day ago
Analysts upgrade target prices as Hong Leong Asia powers ahead
Felicia Tan - Hong Leong Asia closed out a strong FY2025 with the second half in the year seeing “continued strength”. For the 12 months ended Dec 31, 2025, the industrial conglomerate reported earnings of $112.8 million, 28.5% higher y-o-y, mainly due to China Yuchai’s profit after tax (PAT) of $145.9 mill ...
2 days ago
How will US, Israeli strikes on Iran affect oil markets?
The main risk to the oil market remains a blockade of the Strait of Hormuz, which connects the Gulf to the Gulf of Oman and which Iran has frequently threatened to paralyse.
2 days ago
Dramatic changes observed in one of universe's biggest stars
WASHINGTON, Feb 28 : The largest stars in the universe live the life of a rock star - they are born brilliant, live fast and die young. If that is the case, the one named WOH G64 might be considered the stellar equivalent of Jimi Hendrix. WOH G64, which is 28 times the mass of the sun and resides in ...
2 days ago
Opec+ to weigh bigger hike after Iran strike, delegate says
OPEC+ will consider the option of a larger supply increase when key members meet on Sunday (Mar 1) after the US and Israel...
2 days ago
Opec+ to consider bigger hike after Iran strike, delegate says
OPEC+ will consider the option of a larger supply increase when key members meet on Sunday, after Israel launched airstrikes on targets...
2 days ago
Israel says it launched pre-emptive attack against Iran
Explosions were heard in Tehran
2 days ago
Don Don Donki to shutter Downtown East outlet; March 15 will mark last day of operations
[SINGAPORE] Japanese retail chain Don Don Donki is closing its Downtown East outlet, with its last day of operations being March 15.