11 hours ago
China drains cash from economy in rare move during oil shock
The central bank withdraws a total of 890 billion yuan worth of liquidity via short-term open market operations in March
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
11 hours ago
China drains cash from economy in rare pullback during oil shock
CHINA’S central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its...
12 hours ago
Gold falls as Trump gives no clarity on ending Iran war
It has dropped 11 per cent in March, its worst monthly loss since 2008
12 hours ago
Malaysia Aviation Group reports higher profits in 2025
KUALA LUMPUR, April 2 : Malaysia Aviation Group, the operator of national carrier Malaysia Airlines, said on Thursday that its 2025 profits increased compared to the previous year amid sustained travel demand and better network optimisation. MAG, owned by Malaysian sovereign wealth fund Khazanah Nas ...
13 hours ago
Stocks slide, dollar advances after Trump speech on Iran war
Stocks retreated after US President Donald Trump said the US would strike Iran "extremely hard" over the next two to three weeks.
13 hours ago
China’s worst tech earnings in three years signal tough comeback
CHINESE technology companies reported their weakest quarterly profit growth in three years, leaving more doubt for investors looking for a recovery in...
14 hours ago
Watch live: US President Donald Trump addresses nation on Iran war
[WASHINGTON, D.C.] US President Donald Trump is delivering a prime-time national address on the Iran war. Watch his speech live via the...
14 hours ago
Nikkei rises on Middle East de-escalation hopes ahead of Trump speech
[TOKYO] Japan’s Nikkei share average rose on Thursday, lifted by hopes of a de-escalation in the Middle East conflict, with investors awaiting...
14 hours ago
Dollar gains as Trump sets no clear Iran ceasefire timeline in speech
HONG KONG, April 2 : The dollar advanced against major currencies on Thursday, reversing two days of losses, after U.S. President Donald Trump's address on Iran shattered hopes for a possible ceasefire in the Middle East conflict that has rattled investors and roiled markets. In Trump's na ...
14 hours ago
Dollar gains as Trump vows more strikes on Iran
HONG KONG, April 2 : The dollar advanced against major currencies on Thursday, reversing two days of losses, as U.S. President Donald Trump's address on Iran shattered hopes for a swift end to the Middle East conflict and dented investor sentiment. In an eagerly anticipated address, the preside ...
14 hours ago
Dollar jumps as Trump pledges more Iran strikes
HONG KONG, April 2 : The dollar rose sharply on Thursday after U.S. President Donald Trump's address on Iran shattered hopes for a swift end to the conflict, sending investors towards safe-haven assets as oil prices jumped and stocks tumbled.In an eagerly anticipated address, Trump vowed more a ...
14 hours ago
Currencies tread water as investors brace for Trump's Iran address
HONG KONG, April 2 : Major currencies held steady in thin trading on Thursday, as investors awaited a high-stakes televised address from U.S. President Donald Trump that is expected to shed light on a possible ceasefire in the Gulf war.In Trump's national address scheduled for 9 p.m. EDT (0100 ...
14 hours ago
US set to roll out tiered tariffs on steel, aluminum imports
Tariffs will be shifted from content to the full value of the imported product
14 hours ago
Stocks to watch: ST Engineering, Nio, Yangzijiang Shipbuilding, China Everbright Water
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 2):
14 hours ago
Oil prices jump to around $110/bbl after Trump says attacks on Iran will continue
LONDON, April 2 : Oil prices climbed to around $110 a barrel on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply.Brent crude futures were up $7.96, or 7.9 per cent, to $109.12 per barrel at 1302 GMT. U.S. West Te ...
14 hours ago
Oil prices jump over 7% after Trump says attacks on Iran will continue
LONDON, April 2 : Oil prices climbed nearly 7 per cent on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply.Brent crude futures were up $7.65, or 7.6 per cent, to $108.81 per barrel at 0902 GMT. U.S. West Texas In ...
14 hours ago
Oil prices drop on hopes of US pullback from Iran war
BEIJING, April 2 : Oil prices fell more than $1 early on Thursday as markets awaited an address to the nation by President Donald Trump that could signal a U.S. pullback from the war in Iran. Brent crude futures fell $1.16, or 1.15 per cent, to $100 per barrel by 1204 GMT. U.S. West Texas Intermedia ...
14 hours ago
Auto industry group calls for scrapping US gas tax, adopting vehicle fee
April 1 : The head of a group representing nearly all major automakers on Wednesday called for scrapping the U.S. government's 18.4-cent per gallon tax on gasoline and replacing it with a vehicle fee to pay for road repairs.John Bozzella, who heads the Alliance for Automotive Innovation that re ...
14 hours ago
Pop Mart’s US$33 billion rout casts doubt on life after Labubu
The company’s Labubu-led Monsters series accounted for about 40 per cent of total revenue last year, up from 23 per cent in...
16 hours ago
South Korea March inflation undershoots forecasts but risks skewed higher
SEOUL, April 2 : South Korea's inflation picked up less than expected in March as the government capped fuel prices, but policymakers and economists warned that risks remain tilted to the upside with oil prices surging past $100 a barrel driven by the Iran war.Asia's fourth-largest economy ...
16 hours ago
South Korea March inflation quickens less than expected amid Iran war
SEOUL, April 2 : South Korea's consumer inflation quickened less than expected in March, data showed on Thursday, amid inflation worries over a surge in oil prices triggered by the Iran war. Asia's fourth-largest economy, which is also the world's fourth-largest importer of oil, intro ...
16 hours ago
South Korea March inflation +2.2% y/y, weaker than expected
SEOUL, April 2 : South Korea's consumer inflation quickened less than expected in March, data showed on Thursday, amid inflation worries over a surge in oil prices triggered by the Iran war. The consumer price index rose 2.2 per cent from a year earlier, higher than the 2.0 per cent rise in the ...
16 hours ago
Nasa set to launch crew to moon for first time in 50 years
NASA astronauts are poised to lift off on Wednesday on a 10-day journey that will slingshot them around the moon, marking humanity’s...
16 hours ago
Grab’s new acquisition in Taiwan could further delay a deal for Indonesia’s GoTo
Benjamin Cher - All attention is likely on issues related to the recent purchase plans
16 hours ago
Expectations for AGM and reporting timeliness
SGX RegCo observes trend of more issuers applying for extensions of time to hold AGMs and publish required documents
16 hours ago
Amazon eyes $9 billion Globalstar deal to rival SpaceX's Starlink, FT reports
April 1 : Amazon is in talks to buy satellite telecom group Globalstar as it ramps up efforts to build its own low-earth-orbit satellite business to rival SpaceX's Starlink, the Financial Times reported on Wednesday, citing people familiar with the matter.Globalstar's shares, which have mo ...
16 hours ago
Amazon in talks to buy $9 billion satellite group Globalstar, FT reports
April 1 : Amazon is in talks to acquire satellite telecom group Globalstar, as the tech giant ramps up efforts to build its own low-earth-orbit satellite business, the Financial Times reported on Wednesday, citing people familiar with the matter. Globalstar's shares, which have more than double ...
16 hours ago
Exclusive-Intel looks to put millions more into SambaNova startup chaired by CEO Tan
SAN FRANCISCO, April 1 : Chipmaker Intel has planned to invest another $15 million in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, a Reuters review of corporate records showed.The investment, subject to regulatory approval, would increase Intel's ownership of SambaNova to 9 per ce ...
16 hours ago
Robot taxis stop in traffic in Wuhan, stranding travellers
China had a late start in driverless technology but has been quicker to approve widespread testing
16 hours ago
Australia’s regulator says ASX favoured shareholder returns over system resilience
AUSTRALIAN Securities Exchange has an ‘insular and defensive’ culture that prioritised delivering higher shareholder returns over ensuring critical market infrastructure was in...
16 hours ago
Australia’s regulator flags governance, risk failures at ASX in final report
AUSTRALIA’S corporate regulator on Thursday flagged governance weaknesses and risk management failures at the country’s market operator ASX in its final report...
17 hours ago
GM, Toyota report lower quarterly sales in US amid affordability concerns
The Iran war has added to the strain on the market
17 hours ago
Commentary: Tiger Beer does not need to be brewed locally to be a Singapore icon
Local brand Tiger Beer is marketed as an international one and run like the global business it has become, says SUSS marketing professor Lau Kong Cheen.
17 hours ago
Automakers plan billions in US investments but seek clear trade rules
Uncertainty about the United States-Mexico-Canada Agreement is delaying investment decisions