6 hours ago
Oil rises in choppy session as Saudi supplies hit by attacks
OIL climbed in choppy trading as a tenuous ceasefire between the US and Iran failed to allay fears of further disruptions to Middle...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
6 hours ago
European shares pull back as fragile US-Iran truce weighs on sentiment
EUROPEAN shares retreated on Thursday, after their strongest rally in over four years, as investors remained wary about a fragile US-Iran ceasefire and...
6 hours ago
US stocks: Wall Street ends higher as Middle East peace talks lift sentiment
[NEW YORK] US stocks advanced on Thursday, as ongoing negotiations toward a peaceful resolution to the six-week Middle East conflict helped ease worries over...
7 hours ago
Why boards need a playbook to respond to cyber incidents
Listed companies are required to have adequate and effective systems of internal controls and risk management systems
7 hours ago
Board playbook on cyber incident response
Listed companies are required to have adequate and effective systems of internal controls and risk management systems
9 hours ago
CFO Anthony Armstrong leaves xAI, the Information reports
April 9 - Anthony Armstrong, named xAI's CFO in October, has departed the company as part of a broader wave of senior exits, the Information reported on Thursday, citing two people familiar with the matter.Armstrong, who previously worked as a Morgan Stanley banker and advised Elon Musk during ...
12 hours ago
Popiah King Sam Goi’s son to be CEO of PSC Corp
Chong Xin Wei - Goi Kok Ming, also redesignated as executive director of the company, assumes both roles on May 5
12 hours ago
Xi helps Trump on Iran war as China assists with ceasefire bid
A pause to the fighting would smooth Trump’s visit to Beijing next month
12 hours ago
US software stocks slump on renewed AI disruption jitters
April 9 : U.S. software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic.Investors have dumped the sector's stocks this year on worries that AI tools that are capable of automating human tasks could pose ...
12 hours ago
US software stocks fall as Anthropic's new AI model revives disruption fears
April 9 : U.S. software shares tumbled on Thursday after Anthropic held back the wide release of a powerful AI model over concerns it could expose hidden cybersecurity vulnerabilities, deepening investor fears about the threat to traditional software firms.Anthropic said earlier this week it would o ...
12 hours ago
Florida AG opens probe into OpenAI ahead of potential IPO
April 9 : Florida Attorney General James Uthmeier on Thursday launched an investigation into OpenAI and its chatbot ChatGPT, as the artificial intelligence firm prepares for an IPO that could value it at up to $1 trillion.In a video posted to X, Uthmeier said there were concerns about whether OpenAI ...
13 hours ago
Brazil court removes BYD from list of firms linked to forced labor
RIO DE JANEIRO, April 9 : A Brazilian court issued an injunction removing Chinese automaker BYD from a government list of firms accused of employing workers in slavery-like conditions, a document seen by Reuters on Thursday showed.
13 hours ago
CVC seeks partners to back 10.9 billion-euro Italian drugmaker Recordati deal: sources
The private equity firm has held initial discussions with investors including GIC about the possibility of teaming up
14 hours ago
A 1,300% rally turns a tiny shipping ETF into an Iran war gauge
BWET has surged from around US$10 a share to nearly US$150 – making it the best-performing US-listed ETF so far in 2026
14 hours ago
How war in the Middle East paralysed an Asian food giant
The scarcity of fuel and fertiliser is affecting production in Vietnam’s Mekong River Delta
14 hours ago
India mulls payment lags, checks for senior citizens as digital fraud rises, RBI paper shows
April 9 : India's central bank is planning to introduce delays in high-value digital transactions and extra checks for payments made by senior citizens as part of broader measures to curb a surge in online fraud, a discussion paper released on Thursday showed.The suggestions come as digital pay ...
14 hours ago
India's central bank mulls delay for some digital payments to curb fraud
April 9 : India's central bank on Wednesday suggested introducing a delay for certain digital payments above a threshold as part of measures to curb rising fraud, and sought stakeholder feedback on the proposals in a discussion paper.The Reserve Bank of India outlined four possible safeguards, ...
14 hours ago
OpenAI pauses UK data centre project over regulation, costs
LONDON, April 9 : ChatGPT-maker OpenAI is pausing its main data centre project in Britain over an unfavourable regulatory environment and high energy costs, dealing a blow to the UK government's push to position the country as a global AI hub.Microsoft-backed OpenAI, which has emerged as a lead ...
14 hours ago
Wall St opens muted over fragile Mideast truce
[NEW YORK] Wall Street’s main indexes opened muted on Thursday (Apr 9) after rallying in the previous session, as cracks emerged in...
15 hours ago
Mercedes Q1 sales down in tough ‘transition year’ for China business
The German marque faces a cut-throat price war with Chinese brands in the premium segment
15 hours ago
SiFive raises $400 million from Atreides, Nvidia for data-center chip technology
SAN FRANCISCO, April 9 : Silicon Valley startup SiFive said on Thursday it has raised a $400 million round of funding from Atreides Management, Nvidia and others to enter the booming market for data-center central processor chips.The round brings SiFive's valuation to $3.65 billion, and CEO Pat ...
15 hours ago
Intel and Google to double down on AI CPUs with expanded partnership
April 9 : Intel and Google have expanded their partnership to advance the use of artificial intelligence-focused central processing units and to develop custom infrastructure processors, as shifting use of AI drives renewed demand for traditional computing chips.Companies are increasingly moving awa ...
15 hours ago
CDL sets up S$2 billion multicurrency perpetual securities issuance programme
Chong Xin Wei - The net proceeds will be used to finance general working capital and corporate funding, and refinance existing borrowings
15 hours ago
Samsung Electronics mulls investment in chip testing and packaging facilities in Vietnam
15 hours ago
Samsung Electronics eyes investment in chip packaging plant in Vietnam
15 hours ago
Japan watchdog checks banks' private credit exposure amid global strains, source says
TOKYO, April 9 : Japan's financial regulator has been conducting checks on private credit exposure at major financial institutions, a source told Reuters on Thursday, as concerns mount over strains in the $2 trillion global private credit industry.The Financial Services Agency (FSA) is examinin ...
16 hours ago
Oil prices jump back up near US$100 a barrel on scepticism over fragile US-Iran ceasefire
There was scant sign that the Strait of Hormuz was open in any meaningful way, with Iran flexing its control over the vital oil artery and demanding tolls for safe passage.
16 hours ago
US stocks extend gains, shrugging off ceasefire worries
There was little sign the Strait of Hormuz had reopened in any meaningful way, with traffic remaining extremely limited despite the ceasefire.
16 hours ago
India's TCS tops estimates, says new AI models did not dent services demand
BENGALURU, April 9 : Tata Consultancy Services reported better-than-expected quarterly results on Thursday and said that new artificial intelligence models and tools in the market did not hurt demand for its offerings.The comments from India's top software-services exporter offered some relief ...
16 hours ago
India's TCS beats fourth quarter view as North America holds up
BENGALURU, April 9 : India's top software services exporter Tata Consultancy Services beat profit and revenue estimates for the fourth quarter on Thursday, helped by strength in its North American market and a falling domestic currency.Sales for the quarter rose 9.7 per cent to 706.98 billion r ...
16 hours ago
Reviving heritage buildings with digital technologies
Priya Devan / The Edge Malaysia - Upon exiting the Westminster Underground Station in London, one is greeted by the majestic sight of Big Ben set against the backdrop of the Palace of Westminster. This writer stood transfixed for several minutes, wondering how centuries-old buildings could appear aged, yet so fresh. Behind the rejuv ...
16 hours ago
Robust trading across asset classes sends SGX securities turnover value up 78% on year in March
Chong Xin Wei - SGX says the growth in securities and derivative volumes comes from strong investor demand for risk management and investment tools from a...
16 hours ago
Nvidia shares near level where technical traders see a breakout
Shares of the chip giant are up more than 10% in the past six sessions, their longest winning streak since October
17 hours ago
Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal
April 9 : CoreWeave has signed a fresh $21 billion deal to provide cloud computing capacity to Meta Platforms, deepening their partnership as the social media giant expands infrastructure to support rapidly increasing artificial intelligence workloads.The latest deal, which extends through December ...