Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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2 days ago
Cyber actors linked to Russia targeting users of messaging apps, FBI says
WASHINGTON, March 20 : Hackers tied to the Russian intelligence services are targeting users of consumer messaging applications such as Signal, the FBI and U.S. cyber defense agency CISA said on Friday.In a joint advisory, the FBI and CISA said that the hackers had successfully broken into thousands ...
2 days ago
Cyber actors linked to Russia are targeting users of commercial messaging apps, FBI says
WASHINGTON, March 20 : The FBI has identified cyber actors associated with Russian intelligence services targeting users of commercial messaging applications, including Signal, FBI Director Kash Patel said in a post on X on Friday.Signal and the Russian embassy in Washington did not immediately resp ...
2 days ago
AI's demand for data could cause tight storage chip supplies, Solidigm executive says 
SAN JOSE, California, March 20 : The same booming AI demand that has caused the chairman of South Korea's SK Group to predict shortages of high-bandwidth memory chips could also cause tight supplies for storage drives, an executive from the South Korean firm's U.S.-based AI subsidiary Soli ...
2 days ago
UBS gets final nod for US bank licence amid growth push
The lender is planning to expand offerings for wealth clients in US
2 days ago
Stocks tumble, bond yields jump as Iran war fuels central bank reassessment
NEW YORK, March 20 : Global shares slumped for a third straight session and were poised for a third consecutive weekly decline on Friday, while bond yields climbed on fears the Iran war would keep upward pressure on oil prices and spark inflation.Iran attacked an oil refinery in Kuwait on Friday and ...
2 days ago
Stocks drop, bond yields jump as Iran war fuels central bank rethink
NEW YORK, March 20 : Global shares slumped for a third straight session and were set for a third consecutive weekly decline on Friday while bond yields climbed on fears the Iran war would keep upward pressure on oil prices and spark inflation.Iran attacked an oil refinery in Kuwait on Friday and Isr ...
2 days ago
Stocks fall, bonds yields climb as Iran war prompts central bank recalibration
NEW YORK, March 20 : Global shares fell for a third straight session and were poised for a third consecutive weekly decline on Friday while bond yields rose on worries the Iran war would keep upward pressure on oil prices and rekindle inflation.Iran attacked an oil refinery in Kuwait on Friday and I ...
2 days ago
CBS News cuts 6% of workers, citing changes in the industry
The cuts could impact roughly 60 employees
2 days ago
Iran war could be first ‘stress test’ for Singapore’s centralised gas buyer
Sharanya Pillai - LNG markets could get more volatile, especially if the conflict extends into the mid-year
2 days ago
Pinterest CEO calls for ban on social media for youth under 16
WASHINGTON, March 20 : Pinterest CEO Bill Ready called on world leaders to ban social media for youth under 16 in a LinkedIn post on Friday."We need a clear standard: no social media for teens under 16, backed by real enforcement, and accountability for mobile phone operating systems and the ap ...
2 days ago
Tesla expects Dutch decision on self-driving technology by April 10
AMSTERDAM, March 20 : Tesla Europe expects a decision by April 10 from the Dutch vehicle authority RDW on whether to approve Full Self-Driving technology in the Netherlands, it said on Friday.A spokesperson for RDW, which handles type approvals for Tesla in Europe, declined to comment. The agency sa ...
2 days ago
Ecolab to buy CoolIT for $4.75 billion to tap into AI data center boom
March 20 : Ecolab said on Friday it would acquire CoolIT Systems from KKR for about $4.75 billion in cash, as the water solutions firm seeks to capitalize on surging demand for liquid cooling in artificial intelligence-driven data centers.Shares of the water management company were down 1 per cent i ...
2 days ago
Ecolab to acquire AI data center cooling tech firm for $4.75 billion
March 20 : Water solutions company Ecolab said on Friday it has agreed to acquire CoolIT Systems, a liquid cooling technology provider for AI data centers, from KKR for $4.75 billion in cash.The global appetite for data centers has sparked a wave of dealmaking across the industry as companies race t ...
2 days ago
ByteDance to sell gaming unit Moonton to Saudi PIF-owned firm
HONG KONG, March 20 : Chinese tech company ByteDance said on Friday it has agreed to sell Shanghai Moonton Technology, the studio behind the popular mobile game Mobile Legends: Bang Bang, to a Riyadh-based gaming firm owned by Saudi Arabia's Public Investment Fund (PIF).It did not disclose any ...
2 days ago
Vietnam pushes EV shift as energy security risks mount
Jamille Tran - Incentives to support electric vehicle production and adoption are required to be introduced by June
2 days ago
‘Marketing expenditure’: Union Gas CEO on how Cnergy is drawing petrol queues even as prices climb
Shikhar Gupta - CEO Teo Hark Piang says the company is intentionally absorbing rising wholesale oil prices to build market share
2 days ago
Super Micro co-founder charged with sending AI tech to China
The indictment marks the biggest chip smuggling case US prosecutors have pursued since 2022
2 days ago
Unitree plans 4.2 billion yuan Shanghai IPO, testing interest in humanoid robots
IPO is one of China’s biggest domestic tech listings in years
2 days ago
DBS named world’s best private bank at global awards
This is the first time an Asia-headquartered bank has received the top accolade at the Euromoney Private Banking Awards' 22-year history, DBS said on Friday (Mar 20).
2 days ago
GLP’s bonds slide by weekly record into distress
The sell-off nonetheless shows jitters among traders at a critical juncture for the company
2 days ago
Singapore stocks slip on Friday as oil volatility weighs; STI down 0.4%
Renald Yeo - The iEdge Singapore Next 50 Index declines 0.9% to 1,464.78
2 days ago
Exclusive-Amazon plans smartphone comeback more than a decade after Fire Phone flop
SAN FRANCISCO, March 20 : In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops. Now, Amazon is dialing up a new phone.The l ...
2 days ago
Singapore prioritising ‘dry powder’ to intervene if Middle East conflict worsens: Tan See Leng
Sharanya Pillai - Singaporeans and businesses will need to brace for a ‘very bumpy ride’, and are urged to conserve energy
2 days ago
SIA extends Dubai halt to end-April, adds capacity to London and Melbourne
Shikhar Gupta - The airline is shifting aircraft capacity to capture rising travel demand for the Northern Summer season
2 days ago
BYD showrooms are bustling across Asia after Iran oil shock
South-east Asian countries have EV adoption rates of around 40%, exceeding levels in the UK and Europe
2 days ago
City Square Mall’s CDL MicroForest shows dense urban greenery can cool temperatures up to 5°C
Jovi Ho - A year after the launch of City Developments’ (CDL) 2,800 sq ft CDL MicroForest, early findings indicate that the “living laboratory” helps cool temperatures by up to 5°C compared to surrounding and roadside areas. Nature-based solutions like the CDL MicroForest at City Square Mall’s City G ...
2 days ago
Taiwan February export orders miss forecasts
2 days ago
ECB would need April hike if price outlook sours, Nagel says
Governing Council member Joachim Nagel says a more restrictive monetary-policy stance would probably be necessary
2 days ago
IMDA to boost AI adoption among Singapore enterprises with new bootcamp
Jermaine Fok - The programme will be organised in collaboration with Boston Consulting Group and EY-Parthenon
2 days ago
IMDA to boost AI adoption among Singapore SMEs with new bootcamp
Jermaine Fok - The programme will be organised in collaboration with Boston Consulting Group and EY-Parthenon
2 days ago
OCBC cannot claim US$56 million from insurers for the capsized vessel it funded: Court of Appeal
Tay Peck Gek - Court points out that OCBC had not proved that the rig was lost by peril of the seas as it did not...
2 days ago
Bitcoin holding at US$70,000 as Iran war stokes inflation concerns
Bitcoin has fallen for three straight days after reaching a six-week high of nearly US$76,000 on Tuesday
2 days ago
Watch maven Tay Liam Wee sells Nassim GCB plot for S$92 million or S$3,846 psf
Kalpana Rashiwala - The 23,922 sq ft vacant site is being sold by former Sincere Watch boss to the founder of medical aesthetics clinic chain...
2 days ago
War in Iran threatens fresh food-price shock across developing world
LONDON, March 20 : Disrupted fertiliser shipments and soaring energy prices from the war in Iran are threatening to unleash a fresh food-price surge across vulnerable nations, risking a years-long setback just as many were recovering from successive global shocks.Developing countries were strengthen ...
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