4 hours ago
A shortage of used cooking oil threatens green aviation. Could these Singapore projects help?
Sharanya Pillai - Two Aster-related ventures look at alternative feedstocks, but could face various challenges
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
4 hours ago
Philippines' Jollibee Food's Highlands Coffee evaluates Vietnam IPO
March 4 : Fast-food restaurant operator Jollibee Foods Corp said on Wednesday that its Vietnamese coffee chain, Highlands Coffee, was considering an initial public offering and a subsequent listing in Hanoi.The company, which holds a 60 per cent stake in SuperFoods Group, which owns Highlands Coffee ...
4 hours ago
Pump prices in Singapore rise amid widening Middle East conflict
Global energy prices have surged as the US-Israel war on Iran halted exports from the oil-and-gas rich region
5 hours ago
Airline, travel industries scramble with fallout from Middle East conflict
Demand for alternatives to Gulf airlines has surged, with bookings and ticket prices jumping
5 hours ago
SIA plane clips tail of Spirit Airlines jet at US airport; no injuries reported
Passengers have deplaned both jets normally after the incident
5 hours ago
Stocks to watch: DFI Retail Group, GuocoLand, Wilmar, iFast, Q&M Dental
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 4):
5 hours ago
Asian stocks set to slip after oil extends rally
The war in the Middle East reverberated across the region, with Israel bombarding Teheran in a fresh wave of strikes
5 hours ago
Defense contractors, like Lockheed, seen removing Anthropic's AI after Trump ban
WASHINGTON, March 3 : U.S. defense contractors, like Lockheed Martin, are expected to follow the Pentagon's order to purge Anthropic's prized AI tools from their supply chains, government contracting and technology attorneys said, even though the Trump administration's ban on their us ...
5 hours ago
Pizza Hut eager to feed an appetite for nostalgia
Since its rebranding in the late 1990s, the chain has struggled to appeal to customers in the US
5 hours ago
Q&M Dental Group plans to acquire another local dental chain
The Edge Singapore - Q&M Dental Group (Singapore) plans to acquire another local dental chain, which is not named. The exact terms of this deal have yet to be finalised, but under terms of a non-binding MOU, the acquisition will come with a profit guarantee of up to $34 million over 5 year, plus a 15-year service ag ...
5 hours ago
Investors, US crude producers scramble to lock in oil price spike
HOUSTON, March 3 : Investors rushed to lock in a spike in oil prices this week, resulting in a record volume of energy futures and options contracts changing hands on Monday, the first trading day after Israel and the U.S. bombed Iran and Tehran retaliated.Hedging provides traders with opportunities ...
6 hours ago
CrowdStrike forecasts fiscal 2027 revenue above estimates on cybersecurity tools demand
March 3 : CrowdStrike forecast fiscal 2027 revenue above Wall Street estimates on Tuesday, betting on resilient demand for its artificial intelligence-powered cybersecurity solutions.Shares of cybersecurity companies, including CrowdStrike, have fallen recently as investors assessed the potential im ...
6 hours ago
Saudi Arabia tries to divert oil to Red Sea amid Iran war, faces reluctant shippers
The Red Sea holds a risk of attacks from Iranian allies in Yemen
6 hours ago
Oil prices jump nearly 5%, settle at highest since January 2025 on Middle East conflict
Diesel, gasoline and natural gas prices also rose as the US-Israel conflict with Iran continued.
6 hours ago
New airline hubs will be the gainers as travel reroutes from the Middle East
As the US-Israel-Iran conflict rages on, East-West travel will seek fresh routings, and domestic travel in Asia will continue to grow
6 hours ago
Iran oil shock could shave Asia’s growth – with Asean among the most exposed to risk
Benicia Tan - But fallout will be unevenly distributed, says BMI; Goldman Sachs predicts 0.5-percentage-point hit
6 hours ago
Facebook largely back up after brief outage in the US, Downdetector shows
March 3 : Meta Platforms' Facebook was largely back up after an outage that affected thousands of users in the U.S. on Tuesday, according to Downdetector.com.At its peak, there were more than 11,000 reports of issues with the social media platform in the U.S., before coming down to about 1,200 ...
6 hours ago
Facebook down for thousands of users in the US, Downdetector shows
March 3 : Meta Platforms' Facebook was down for thousands of users in the U.S. on Tuesday, according to Downdetector.com.There were more than 10,600 reports of issues with the social media platform as of 05:37 p.m. ET, according to Downdetector, which tracks outages by collating status reports ...
6 hours ago
OpenAI is developing alternative to Microsoft's GitHub, The Information reports
March 3 : OpenAI is developing a new code repository to rival Microsoft's GitHub, The Information reported on Tuesday, citing a person with knowledge of the project.
6 hours ago
Middle East conflict widens as Israeli, US strikes again hit Iran; oil soars, shares slide
[DUBAI] Israeli and US forces pounded targets across Iran on Tuesday, prompting Iranian retaliatory strikes around the Gulf as the conflict spread...
7 hours ago
Oil prices jump 4.7%, settle at highest since January 2025 on Middle East conflict
[NEW YORK] Oil prices settled up 4.7 per cent on Tuesday, the highest since January 2025, as US-Israel battles with Iran intensified, disrupting...
7 hours ago
Trump says US will escort, insure oil tankers amid Iran war
The administration is also seeking to address high prices for consumers as petrol prices at the pump have already jumped to the...
7 hours ago
Commentary: Why Deliveroo’s exit from Singapore isn’t quite a surprise
Given its small market share, Deliveroo’s exit is unlikely to materially affect consumers or riders but it may have strategic implications for F&B businesses, says Momentum Works’ Li Jianggan.
7 hours ago
European shares drop to one-month low as Middle East conflict widens
EUROPEAN shares slid to their lowest level in more than a month on Tuesday, pulled into a global equities rout as investors assessed...
7 hours ago
Trump orders oil tanker insurance support, says Navy could escort ships in Gulf
The move aims to protect energy shipments through the Strait of Hormuz and stabilise oil markets amid escalating Middle East tensions.
7 hours ago
US stocks: Wall Street indexes end lower as Middle East conflict fans inflation fears
[NEW YORK] US stocks fell on Tuesday as investors worried about how long the Middle East conflict may persist, but indexes ended well off...
8 hours ago
Intel board chair Frank Yeary to depart after 17 years
SAN FRANCISCO, March 3 : Intel said on Tuesday that board chair Frank Yeary plans to retire following the company's annual meeting in May and will be replaced by Craig Barratt. A year after Lip-Bu Tan came on board as CEO, Yeary's departure is a major shakeup for the struggling U.S. chipma ...
9 hours ago
Virginia appeals injunction against social media time limit for children
March 3 : Virginia has appealed a judge's preliminary injunction against a state law limiting children under 16 to one hour of social media use a day.In a Tuesday court filing, the state said it will ask the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, to set aside the February 27 i ...
9 hours ago
NTSB says Waymo robotaxis illegally passed stopped school buses in new incidents
WASHINGTON, March 3 : The National Transportation Safety Board said Tuesday it is investigating a new incident in January of Waymo self-driving vehicles passing a stopped school bus with its lights activated in violation of Texas state law.The Alphabet unit in December recalled its self-driving vehi ...
12 hours ago
Millions of dollars in crypto left Iranian exchanges after strikes, researchers say
PARIS, March 3 : Outflows from Iranian crypto exchanges spiked in the hours after the U.S. and Israeli strikes on Iran on Saturday, two blockchain analytics companies said, although researchers added it was not possible to be certain what was behind the moves.Funds leaving Iranian crypto exchanges j ...
12 hours ago
Stocks fall as energy price jump ignites inflation fears
NEW YORK/LONDON, March 3 : Stock indexes around the world fell while the dollar rose on Tuesday, as a widening conflict in the Middle East created safe-haven demand and pushed oil prices up sharply, exacerbating investor concerns about inflation. Oil futures settled up more than 4 per cent after hit ...
12 hours ago
Stocks fall globally as energy price jump ignites inflation fears
NEW YORK/LONDON, March 3 : Stock indexes around the world lost ground while the dollar rose on Tuesday, as a widening conflict in the Middle East created safe-haven demand and pushed oil prices up sharply, exacerbating investor concerns about inflation. Oil futures settled up more than 4 per cent af ...
12 hours ago
Stocks tumble as energy price jump ignites inflation fears
NEW YORK/LONDON, March 3 : Stock indexes around the world tumbled and government bonds rose with the dollar on Tuesday, as a widening conflict in the Middle East pushed oil prices up sharply for a second straight day and exacerbated investor concerns about inflation. U.S. crude oil prices jumped mor ...
14 hours ago
Veon expects customers using Starlink in Ukraine to more than double this year
BARCELONA, March 3 : The number of people in Ukraine connecting to the internet using SpaceX's Starlink will probably reach around 12 million by the end of this year from the current 5 million users, the CEO of telecoms group Veon said on Tuesday.Last year, Veon signed a partnership with Elon M ...