5 hours ago
Trump says war could be over soon as Iran rallies behind new hardline leader
The war has effectively shut the Strait of Hormuz
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
5 hours ago
HPE projects sales that top estimates on AI hardware demand
The company expects the memory chip shortage to continue well into next year
5 hours ago
Wall Street banks offer UAE staff option to relocate temporarily
Some bankers may also need regulatory approvals to work in foreign jurisdictions
5 hours ago
Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt
At its session peak, Brent hit a high of US$119.50 a barrel and WTI to US$119.48
5 hours ago
Commentary: The oil pipelines that could decide the Iran war
Two pipelines owned by Saudi Arabia and United Arab Emirates may serve as temporary cushions and slow, though not stop, rising oil prices, says Javier Blas for Bloomberg Opinion.
5 hours ago
European shares close lower as oil spike intensifies inflation worries
EUROPEAN shares hit their lowest level in more than two months on Monday before paring some declines, as a sharp surge in oil...
5 hours ago
US stocks: Wall Street ends higher as hopes of Iran war resolution offset inflation fears
[NEW YORK] Wall Street stocks clawed their way back from a steep selloff to close higher on Monday, notching a final-hour rebound after US...
6 hours ago
Trading Day: Wall Street roars back on war resolution hopes
7 hours ago
Bluesky CEO Jay Graber steps down, advisor Toni Schneider named interim chief
March 9 : Jay Graber is stepping down as the CEO of Bluesky and will transition to the role of chief innovation officer at the social media platform.Graber, who was named to lead Bluesky in 2021, will be replaced by advisor Toni Schneider as interim CEO, she said in a blog posted to the company' ...
7 hours ago
Explainer-Anthropic's case against the government: what the AI company says happened
March 9 : Anthropic sued the U.S. government on Monday, escalating a dispute the AI company frames as retaliation for refusing to remove safety limits on its Claude model.The Amazon-backed company said it was willing to work with the military. Just not on any terms.It has also filed a related case i ...
7 hours ago
Lawsuit challenges US policy barring visas for social media researchers
March 9 : A group of technology researchers filed a lawsuit on Monday alleging that U.S. President Donald Trump's administration has adopted an unconstitutional policy that targets foreign nationals who study disinformation and hate speech on social media for visa denials and deportation.The Sa ...
7 hours ago
HPE projects revenue above estimates, focuses on higher-margin networking orders
March 9 : Hewlett Packard Enterprise forecast second-quarter revenue above Wall Street estimates on Monday, betting on growing demand for its networking equipment as the company prioritizes more higher-margin orders.The company, which also provides artificial intelligence-optimized servers equipped ...
7 hours ago
Hewlett Packard Enterprise projects revenue above estimates on AI boom
March 9 : Hewlett Packard Enterprise forecast second-quarter revenue above Wall Street estimates on Monday, betting on growing demand for its artificial intelligence-powered servers.The company, which provides servers equipped with Nvidia's chips, raised fiscal 2026 forecasts for adjusted earni ...
7 hours ago
Hewlett Packard Enterprise forecasts revenue above estimates on AI boom
March 9 : Hewlett Packard Enterprise forecast second-quarter revenue above Wall Street estimates on Monday, betting on growing demand for its artificial intelligence-powered servers that are equipped with Nvidia's chips.Shares of the company rose 3.2 per cent in extended trading.Big Tech firms ...
7 hours ago
Analysis:Surging oil drives worries for US stock investors
NEW YORK, March 9 : A stunning surge in oil prices above $100 a barrel is rattling U.S. stock investors, as they brace for an even sharper rise in energy prices that could stagger the economy and further damage equities.The 50 per cent jump in U.S. crude to its highest level in more than three years ...
10 hours ago
Back to the 1970s? Investors brace for a return of stagflation
LONDON, March 9 : Investors are now seriously considering the possibility that war in the Middle East could create a stagflationary shock, just as it did 50 years ago, when disruption to global energy supplies sent inflation surging, and battered growth “The risk of a 1970s scenario is rising,” ...
12 hours ago
Dollar whipsawed on hopes of an end to the Iran war
NEW YORK, March 9 : The dollar pared gains on Monday after U.S. President Donald Trump told CBS in an interview he thinks the war against Iran "is very complete," allaying investor worries about a protracted conflict that could disrupt global energy supplies and weigh on economic growth.Th ...
12 hours ago
Dollar higher as US-Israeli war on Iran sends oil prices soaring
NEW YORK, March 9 : The U.S. dollar strengthened against most currencies on Monday as surging oil prices, driven by the U.S.-Israeli war on Iran, pushed investors toward the safety of the greenback on fears a protracted conflict could disrupt global energy supplies and weigh on economic growth.The e ...
12 hours ago
Dollar gains as US-Israeli war on Iran sends oil prices soaring
NEW YORK, March 9 : The U.S. dollar rose broadly on Monday as surging oil prices, driven by the U.S.-Israeli war on Iran, pushed investors toward the safety of the greenback on fears a protracted conflict could disrupt global energy supplies and weigh on economic growth.The euro was last down 0.5 pe ...
12 hours ago
Bank of England hit by 5% inflation risk from war in Iran
An economist says that the doubling in natural gas prices alone will add 3 percentage points
13 hours ago
Nexperia China says it has begun producing its own chips
The company has started making several types of chips by using 12-inch wafers
13 hours ago
Wall Street slides 1% as soaring crude prices fan inflation worries
[NEW YORK] Wall Street’s main indexes dropped over 1 per cent on Monday (Mar 9), as oil prices soared, exacerbating inflation fears...
13 hours ago
China’s CATL beats estimates as battery profit growth quickens
The company also faces intensified competition this year, and China’s auto market is on track for the worst year since 2020
13 hours ago
Nasdaq teams up with Kraken to expand tokenization infrastructure
13 hours ago
Gordon Tang-owned Acrophyte’s S$190 million purchase of Suntec Reit manager gets MAS nod
Therese Soh - Deal follows failed attempt in 2024 to acquire all units of Suntec Reit
13 hours ago
MAS greenlights bid by Gordon Tang’s Acrophyte to acquire Suntec Reit manager for S$190 million
Therese Soh - The property tycoon made a failed attempt to acquire all units of the real estate investment trust in 2024
13 hours ago
Intraco’s major supplier declares force majeure over Iran conflict
Janice Lim - The Middle East situation has disrupted the supply of olefins used to make plastics, fibres and detergents
14 hours ago
Reform UK's Nigel Farage invests in bitcoin-buying company
LONDON, March 9 : Nigel Farage, leader of the populist Reform UK party, has invested in Stack BTC, a London-based company aimed at acquiring small British companies and investing surplus capital into bitcoin, a statement said on Monday. Farage, a public supporter of bitcoin who has secured big donat ...
14 hours ago
Acquisition of Suntec REIT's manager given go-ahead by MAS
The Edge Singapore - ESR Trust Management, manager of Suntec REIT, says that its acquisition by Acrophyte Asset Management has been given the green light by the Monetary Authority of Singapore. The acquisition of the manager was first tabled last December, which follows a mandatory conditional offer of $1.16 per unit in ...
14 hours ago
Trump bought Netflix and Warner Bros bonds at height of bidding war with Paramount
WASHINGTON, March 9 : U.S. President Donald Trump bought more than $1.1 million of Netflix bonds over the last three months as the streaming giant unsuccessfully fought Paramount Skydance to buy Warner Bros Discovery, according to government disclosures.Trump bought more than $500,000 of Netflix ...
14 hours ago
Serial Achieva in talks over potential deal involving its shares
The Edge Singapore - Serial Achieva, a separately listed subsidiary of Serial System, says in an announcement after market closed that it is in talks over a "potential transaction" involving its shares. Earlier in the day, the company's share price surged by 31.15% to close at 16 cents. "Shareholders ...
14 hours ago
Amazon's Zoox to launch command hub in Arizona, expand testing to Dallas and Phoenix
March 9 : Amazon's robotaxi unit Zoox is expanding testing to Dallas and Phoenix and launching a command hub for fleet operations in Arizona, as it looks to widen its footprint in the U.S.'s increasingly competitive autonomous taxi market.The move will expand testing operations to 10 marke ...
14 hours ago
Microsoft taps Anthropic for Copilot Cowork in push for AI agents
March 9 : Microsoft is adding Anthropic's AI technology to its Copilot service to tap growing demand for autonomous agents, weeks after the startup's new tools sparked a selloff in software stocks.The company on Monday unveiled Copilot Cowork, a tool based on Anthropic's viral Claude ...
14 hours ago
Singapore logistics firms could face 50% cost surge as Middle East cargo stalls amid tensions
The Association of Small and Medium Enterprises said firms may be forced to make tough decisions, including cutting manpower and reducing rental costs to cope with the disruption.