7 hours ago
New Zealand holds rates at 2.25%, warns of risks to inflation and growth from Iran war
[WELLINGTON] New Zealand’s central bank kept its policy rate at 2.25 per cent on Wednesday (Apr 8) for a second straight meeting,...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
7 hours ago
New Zealand central bank holds cash rate at 2.25%, adopts cautious stance amid Iran war
[WELLINGTON] New Zealand’s central bank held its benchmark official cash rate at 2.25 per cent on Wednesday (Apr 8), as policymakers opt...
7 hours ago
CK Hutchison’s Panama unit files arbitration against Maersk over ports takeover
The Panama Canal are at the centre of a legal battle that has embroiled Beijing and Washington
7 hours ago
With more cost of living support, CGSI raises target price for Sheng Siong to $3.40
The Edge Singapore - Citing the expected boost from government measures to help citizens deal with higher cost of living, CGS International has raised its target price for Sheng Siong Group from $2.97 to $3.40. On April 7, the government announced that $500 in CDC vouchers per household originally planned for Jan 2027 w ...
7 hours ago
Jervois Hill GCB on the market for S$80 million
Deon Loke - Transactions in the enclave are infrequent, real estate agency Huttons says
7 hours ago
FTSE keeps Indonesia’s market status amid ongoing reforms
The country has carried out a series of initiatives to address MSCI’s concerns
8 hours ago
Vietnam says FTSE Russell's emerging market status confirmation is a significant milestone
HANOI, April 8 : Vietnam's stock market regulator said on Wednesday that FTSE Russell's confirmation of Vietnam's emerging market status is a significant milestone, with authorities expecting the long-awaited upgrade to help draw more foreign investment into the Southeast Asian econom ...
8 hours ago
Nikkei surges as oil prices slide on signs of Mideast ceasefire
[TOKYO] Japan’s Nikkei share average surged more than 4 per cent on Wednesday as signs of a ceasefire in the Middle East...
8 hours ago
STI jumps over 1%, Asia stocks soar following US-Iran ceasefire agreement
Therese Soh - STI rises 1.2% at market open, buoyed by Singapore bank gains
8 hours ago
Pimco weighs US$14 billion debt deal for Oracle data centre
Bank of America has spent months trying to assemble the financing for Related Digital, the developer behind the project
8 hours ago
Kasikornbank enables Grab QR cross-border payments for Thai travellers
Shikhar Gupta - The blockchain-powered infrastructure will enable real-time transactions for customers in Singapore
8 hours ago
Levi Strauss lifts annual forecasts as strong demand cushions tariff hit
Its stock has risen about 45 per cent over the past 12 months
9 hours ago
Bank of Korea to hold rates at 2.50% as war-driven uncertainty persists: Reuters poll
BENGALURU, April 8 : The Bank of Korea will keep its key interest rate unchanged at 2.50 per cent on Thursday and for the rest of the year, a Reuters poll forecast, as policymakers assess the impact of the Iran war on domestic cost pressures.Since the start of the U.S.-Israeli strikes on Iran, oil p ...
9 hours ago
Gold extends gains as Trump pauses Iran attacks for two weeks
Gold, which started the year on a strong note, has fallen more than 8 per cent since the Iran war began on Feb 28.
9 hours ago
Stock to watch: PSC Corporation
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 8):
9 hours ago
Elon Musk seeks removal of OpenAI CEO Sam Altman as trial looms
ELON Musk is seeking to have OpenAI chief executive officer and board member Sam Altman removed from his roles at the artificial...
9 hours ago
CK Hutchison's Panama unit files arbitration against Maersk over ports takeover
PANAMA CITY, April 7 : Hong Kong-based conglomerate CK Hutchison's Panama unit has launched an arbitration against Maersk after the takeover of two strategic ports near the Panama Canal which are at the center of a legal battle that has embroiled Beijing and Washington.In a statement, Panama Po ...
9 hours ago
Gold climbs after Trump agrees to two-week ceasefire in Iran
Now in its sixth week, the war in the Middle East has driven a spike in energy prices and raised inflationary risks
10 hours ago
Central banks’ concern over rising geopolitical tensions surges: survey
Almost 70 per cent of banks surveyed ranked geopolitics as their top risk
10 hours ago
China and Russia veto UN resolution on protecting Hormuz shipping
Oil prices have surged since the US and Israel struck Iran at the end of February
10 hours ago
US crude futures fall $12.04 to $100.90/bbl after Trump announces two week ceasefire
PERTH, April 8 : U.S. West Texas Intermediate crude oil fell more than $12 per barrel in early trade on Wednesday after U.S. President Donald Trump said he had agreed to a ceasefire with Iran.WTI crude dated for May delivery fell $12.04 or 10.66 per cent, to $100.90 per barrel as of 2251 GMT.The ann ...
10 hours ago
Crude prices plunge and stocks surge after US, Iran ceasefire announcement
The US-Israeli war with Iran saw the steepest monthly oil price rise in history in March, at more than 50 per cent.
10 hours ago
US crude slumps below US$100 after Trump announces two-week ceasefire
PERTH: US West Texas Intermediate crude fell by nearly US$20 per barrel on Wednesday (Apr 8) after US President Donald Trump said he had agreed to a two-week ceasefire with Iran that was subject to the immediate and safe reopening of the Strait of Hormuz.WTI crude for May delivery fell US$18.10, or ...
10 hours ago
A formal ‘say on pay’ may be more effective than better disclosure
This gives shareholders the right to vote on executive pay to ensure it actually aligns with performance
10 hours ago
No longer ‘boilerplate’: Force majeure provisions under fresh scrutiny, say Singapore lawyers
Benicia Tan - Granular provisions are replacing broad, generic language in this ‘unloved’ section of contracts
11 hours ago
US and Iran agree to ceasefire hours before Trump deadline
The deal buys time for the two sides to reach a longer agreement to end the six-week-old war
11 hours ago
Trump says he has agreed to suspend ‘bombing and attack of Iran’ for two weeks
Pakistan has been a mediator between Washington and Tehran
11 hours ago
US crude futures fall $4.45 or 3.94% to $108.50/bbl on open
PERTH, April 8 : U.S. West Texas Intermediate crude oil fell in early trade on Wednesday, roughly two hours ahead of U.S. President Donald Trump's deadline for Iran to open the Strait of Hormuz.WTI crude dated for May delivery fell $4.45, or 3.94 per cent, to $108.50 per barrel as of 2216 GMT. ...
11 hours ago
Pakistan PM seeks two-week extension to Trump’s deadline on Iran
There has been no sign of a compromise so far
11 hours ago
Apple’s foldable iPhone remains on track for September debut
The device is a major initiative for the company
11 hours ago
Oil slumps below US$100 as Iran agrees to open Hormuz in ceasefire
The near-closure of the Strait of Hormuz has roiled energy markets
11 hours ago
Brent settles down on economic worries, US crude up ahead of Trump deadline for Iran
[NEW YORK] Oil prices settled mixed on Tuesday, with Brent down on worries that high energy prices could slow economic growth, while US crude...
12 hours ago
European shares decline as markets turn wary ahead of Trump’s Iran deadline
EUROPEAN shares retreated on Tuesday, led by declines in defence and healthcare stocks, as investors turned cautious ahead of US President Donald Trump’s...
12 hours ago
US stocks: Wall Street closes mixed, with signs of progress as Trump’s Iran deadline draws near
[NEW YORK] US stocks ended mixed on Tuesday amid signs of progress in negotiations as the minutes ticked down to President Donald Trump’s deadline...