12 hours ago
Malaysia tourism hit by fuel shock; tour prices may jump 50%
Tan Ai Leng - Cancellations, rising diesel costs and weak demand leave industry players facing mounting pressure
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
12 hours ago
Trump threatens Iran energy sites if no deal reached on war
This is Trump’s latest threat against Iran to allow shipping through the Hormuz Strait
13 hours ago
India proposes making government advisories legally binding on tech giants
(Story refiles to fix day in first paragraph to Monday from Tuesday)BENGALURU, March 30 : India on Monday proposed changes to its IT law to make advisories and clarifications legally binding on internet platforms such as Meta, Google and X, the latest in a string of stricter compliance requirements ...
13 hours ago
Nvidia’s price-to-earnings ratio sinks to 7-year low as war and AI angst weigh
This suggests that its shares are a bargain, but is tied to uncertainty that has shaken investors’ confidence
13 hours ago
Amova emerges as substantial shareholder of Valuetronics after adding more shares at 88.7 cents each
The Edge Singapore - Amova Asset Management has emerged as a substantial shareholder of Hong Kong-based but Singapore-quoted Valuetronics Holdings. On March 25, the fund manager paid $719,364.59 for 811,100 shares, which works out to around 88.7 cents per share. From 19.9 million shares, or 4.85%, Amova now owns just ov ...
14 hours ago
Choo Chiang, Aspial Lifestyle receive approval-in-principle from SGX to transfer listings to Mainboard
The Edge Singapore - Choo Chiang Holdings has received approval-in-principle from SGX to move its listing to the mainboard from the Catalist. The company first announced plans to move the listing on March 19. It will next call for an EGM at a date to be determined for shareholders to give their go ahead. The company was ...
14 hours ago
Choo Chiang receives approval-in-principle from SGX to transfer listing to Mainboard
The Edge Singapore - Choo Chiang Holdings has received approval-in-principle from SGX to move its listing to the mainboard from the Catalist. The company first announced plans to move the listing on March 19. It will next call for an EGM at a date to be determined for shareholders to give their go ahead. The company was ...
14 hours ago
Cotton On not exiting Asia; liquidated Asian unit is inactive and does not operate any stores
Cotton On Singapore is still operating as a retail business providing clothing for adults
14 hours ago
Cotton On Asia to close; liquidators appointed
Cotton On Singapore is still operating as a retail business providing clothing for adults
14 hours ago
Insurers’ search for yield must not compromise policyholder protection, says MAS assistant MD
Genevieve Cua - They must exercise strong risk management and apply robust stress testing, adds the central bank’s assistant MD Marcus Lim
14 hours ago
Singapore stocks close flat amid escalating Middle East tensions
Young Zhan Heng - The STI is down 0.02% or 0.92 points at 4,897.26
14 hours ago
Swiss cling on to cash as survey shows payment app use stalling
ZURICH, March 30 : Mobile payment app usage stalled in Switzerland last year, a Swiss National Bank survey showed on Monday, with cash remaining popular as a way of paying for goods and services in person.A large majority of respondents in the survey were in favour of the continued use of cash, with ...
14 hours ago
Starcloud reaches $1.1 billion valuation as AI space race heats up
March 30 : Orbital compute infrastructure startup Starcloud has raised $170 million at a $1.1 billion valuation, as companies including Elon Musk's SpaceX and Jeff Bezos' Blue Origin race to move power-hungry AI data centers off-planet.Led by Benchmark and EQT Ventures, the fundraise under ...
14 hours ago
Taiwan probes 11 Chinese firms for illegal poaching of tech talent
TAIPEI: Taiwan said on Monday (Mar 30) 11 Chinese firms are being investigated for alleged illegal poaching of semiconductor and other high‑tech talent, stepping up efforts to curb technology outflows amid rising geopolitical tensions with Beijing.More than 185 agents searched 49 locations and que ...
14 hours ago
India’s luxury promise hits a wall: not enough malls to shop in
The country now ranks fourth globally in the number of individuals with wealth above US$100 million
15 hours ago
Singapore’s Charge+ announces US$20 million Series B target for network growth in South-east Asia
Derryn Wong - Funds raised will be used to support the company’s regional development and strategic goal of 30,000 chargers globally by 2030
16 hours ago
Sri Lanka raises power tariffs as energy costs begin to bite
COLOMBO, March 30 : Sri Lanka raised power tariffs for most households by 7.2 per cent and industries by 8.7 per cent on Monday as the island nation grapples with higher energy costs stemming from the Iran war.The new power prices are linked to a $2.9 billion program with the International Monetary ...
16 hours ago
Nike’s China stumble exposes execution gaps
Insiders say top-down decision-making limits responsiveness to local market needs
16 hours ago
Nvidia's PE sinks to seven-year low as war and AI angst weigh
March 30 : As global stock markets tumble over deepening worries about war in the Middle East, Nvidia, the world's most valuable company, finds itself trading at its cheapest price-to-earnings multiple since before ChatGPT kicked off the AI boom. The steep drop in Nvidia's PE suggests the ...
16 hours ago
Apac airlines fly 9% more passengers in February, but Iran war clouds outlook
Therese Soh - The robust growth is supported by increased leisure travel during the Chinese New Year festive period
16 hours ago
Apac airlines flew 9% more passengers in February, but Iran war clouds outlook
Therese Soh - The robust growth is supported by increased leisure travel during the Chinese New Year festive period
16 hours ago
Maybank completes on-chain tokenised FX and cross border payment via MYR-SGD corridor
The Edge Singapore - Maybank announced that it had successfully completed the first transaction under its inaugural pilot project for tokenised deposits and cross-border payments with Yinson Holdings Berhad, the global energy infrastructure company, on March 25. This marks a significant milestone in the bank’s digital ...
16 hours ago
BOJ highlights inflationary pressure from oil, weak yen
TOKYO, March 30 : Japan's underlying inflation rate may face stronger upward pressure from rising oil prices and the yen's declines than in the past as firms have become more active in hiking prices, the Bank of Japan said on Monday.The observation was part of the BOJ's staff paper an ...
17 hours ago
RHB initiates ‘buy’ on iFast on rising Asia-Pacific wealth management demand
Koh Kim Xuan - The brokerage’s S$12.20 target represents a 36.7% increase from the group’s closing price on Mar 26
17 hours ago
The blind spots slowing enterprise AI journey
Sachin Shridar - Singapore’s ambition to lead in artificial intelligence (AI) and digital innovation is accelerating enterprise transformation across sectors. Budget 2026 reinforces this direction through expanded national AI initiatives and continued investment in infrastructure, talent, and sector-specific innov ...
17 hours ago
Singapore investors buy the dip, bucking global gold sell-off: OCBC, bullion dealers
Benicia Tan - Strong investor participation in Singapore and wider Asia suggests metal’s long-term role as a hedge continues
17 hours ago
OCBC, local bullion dealers see surge in gold demand despite broader sell-off
Benicia Tan - Strong investor participation in Singapore and wider Asia suggests metal’s long-term role as a hedge continues
17 hours ago
Euro dips as Iran conflict stirs growth fears
NEW YORK, March 30 : The euro fell against the dollar on Monday on concerns about the growth impact from an extended U.S.-Israeli war with Iran, while the yen was supported after Japanese officials stepped up currency intervention threats.Iran described U.S. proposals to end a month of war in the Mi ...
17 hours ago
Dollar approaches 10‑month high on Middle East escalation concerns
March 30 : The dollar was near a 10‑month high on Monday and heading for its biggest monthly gain since last July as mixed signals from Iran and the U.S. dimmed hopes of a possible quick end to the Middle East conflict.U.S. President Donald Trump said that Iran's new leaders have been "v ...
17 hours ago
Dollar near 10‑month high on Middle East escalation concerns
March 30 : The dollar was near a 10‑month high on Monday and heading for its biggest monthly gain since last July as mixed signals from Iran and the United States dimmed hopes of a possible quick end to the Middle East conflict.U.S. President Donald Trump said that Iran's new leaders have bee ...
17 hours ago
India’s boldest currency move in years brings brief rupee relief
RBI flexibility falls as FX reserves drop in March to defend the rupee following the Iran conflict
17 hours ago
Malaysia's Capital A names new deputy CEO, explores dual listing in Hong Kong
KUALA LUMPUR, March 30 : Malaysia's Capital A Berhad named a senior banker as its deputy chief executive on Monday as the group looks to scale up its core businesses after spinning off its aviation arm to its affiliate, budget airline operator AirAsia X. Effendy Shahul Hamid, a former CEO of co ...
18 hours ago
Malaysia’s role in non-China rare earth chain grows, but gaps remain
Lynas Rare Earths is now producing samarium at its plant in Pahang
18 hours ago
South Korea considers nationwide driving curbs as oil prices soar
SEOUL, March 30 : South Korea is considering extending driving curbs to the general public if global oil prices climb further, senior officials said, as authorities seek to rein in energy demand amid supply strains due to the U.S.-Israeli war with Iran.Finance Minister Koo Yun-cheol said on Sunday t ...