7 hours ago
Yen suddenly jumps on talk of possible intervention
Japanese officials have so far declined to comment on whether they have intervened
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Analysts upgrade DBS, lift target price on improved forecasts, wealth franchise growth
Therese Soh - Increased inflows into Singapore from a flight to safety and the strong Singapore dollar may benefit bank, says OCBC Group Research
8 hours ago
Indonesia's March trade surplus expands to $3.32 billion
JAKARTA, May 4 : Indonesia's trade surplus expanded in March to $3.32 billion, the largest since September, official data showed on Monday, even as exports fell in annual terms.The March surplus was larger than both the median forecast of a $2.41 billion surplus in a Reuters poll of economists ...
8 hours ago
India's markets regulator to soon issue advisory on emerging AI risks
May 4 : India's markets regulator will soon issue an advisory to market intermediaries on emerging risks from Anthropic's Mythos and other artificial intelligence tools, its chairman said on Monday.The Securities and Exchange Board of India is in touch with stakeholders on AI-related threa ...
8 hours ago
Swiss lawmakers gather to discuss law that will shape UBS future
Early signals from the committee will influence what is likely to be months of intense lobbying
8 hours ago
GameStop makes bold $56 billion play for eBay, ready to go hostile
May 3 : GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take the bid directly to shareholders should eBay's board be unreceptive.GameStop - once a stock market minnow that shot to fame during a meme-stock ...
8 hours ago
BlueSG relaunches as Flexar, pivots to asset-light model
Shikhar Gupta - It will now rely on third-party fleet management providers to supply its vehicles in a push to lower costs and speed up...
9 hours ago
Analysts mostly issue upgrades on DBS after sterling first quarter
Felicia Tan - Analysts are mostly issuing call or target price upgrades on DBS Group Holdings after the bank posted a strong set of results for the 1QFY2026 ended March 31. On April 30, the bank posted a quarterly net profit of $2.93 billion, 1% higher y-o-y and 24% up q-o-q, and within Bloomberg’s estimate of ...
9 hours ago
Market ‘underestimating’ fuel impact on aviation sector: DBS
Deon Loke - The brokerage provides its pecking order for Singapore aviation stocks
9 hours ago
Dubai airport passenger traffic drops 66% in March on Iran war
The development of the emirate’s Dubai World Central airport continues to progress
9 hours ago
A2 Milk recalls batches of US baby formula after toxin find
The global baby formula market has been buffeted by concerns over tainted products
9 hours ago
Boeing faces civil trial over 737 MAX crash
Boeing will face its latest lawsuit brought by the family of an American NGO worker, who was killed in the March 2019 Ethiopian Airlines crash.
9 hours ago
Asian stocks near record high on tech corporate earnings as US dollar dips
ASIAN shares traded near record highs on Monday (May 4) as stronger-than-expected corporate earnings from technology companies kept the sector buoyant, while...
10 hours ago
Hussaini Saifee of Maybank Securities initiates coverage on Olam with 'buy' call and $1.60 target price
The Edge Singapore - Hussaini Saifee of Maybank Securities has initiated coverage on Olam International with a "buy" call and $1.60 target price, on the premise that the agri-food company is "one of the most compelling restructuring and management reset stories within the Temasek portfolio." "Ol ...
10 hours ago
Top Bank of Korea official says it’s time to consider rate hike
The South Korean currency has recently touched its weakest level against the US dollar since the global financial crisis
10 hours ago
Singapore government seeks public feedback on proposed legal framework for AV deployment, safety
Therese Soh - Proposed law will clarify safety regulations as well as the liability, insurance and enforcement regimes for operating AVs
10 hours ago
Ministry of Transport seeks public feedback on proposed legislative framework for AV deployment
Therese Soh - Proposed legislation will clarify safety regulations as well as liability, insurance and enforcement regimes for operating AVs
10 hours ago
CGSI’s William Tng boldly raises Venture Corporation target to $21.78
Lin Daoyi - Analyst William Tng from CGS International (CGSI) has reinforced his optimism in technology solutions provider Venture Corporation by maintaining his “buy” call with a higher target price of $21.78, representing an increase of $4.74 from the previous mark of $17.04. Based on the company’s 10-y ...
10 hours ago
MediaTek hires former TSMC executive to boost AI chip packaging
TAIPEI, May 4 : Taiwanese chip designer MediaTek said it has appointed former TSMC executive Douglas Yu as a part-time adviser as it steps up advanced packaging work and expands into the AI chip market.Here are a few details: • Yu joined TSMC in 1994 and retired in 2025, holding a range of roles i ...
10 hours ago
Anthropic nears $1.5 billion AI joint venture with Wall Street firms, WSJ reports
May 3 : Anthropic is finalizing an about $1.5 billion joint venture with Blackstone, Goldman Sachs and a handful of other Wall Street firms to sell artificial-intelligence tools to private-equity-backed companies, the Wall Street Journal reported on Sunday, citing people familiar with the matter.Ant ...
11 hours ago
Samsung Electronics appoints new TV chief amid mounting competition
The company usually carries out its annual management reshuffle around December
11 hours ago
SIA to use Starlink for in-flight WiFi from 2027 on Airbus A350, A380
Shikhar Gupta - The upgrade is set to be completed by 2029 across its A380s and some A350s
11 hours ago
SIA to use Starlink for in-flight Wi-Fi from first quarter of 2027
Shikhar Gupta - The upgrade is set to be completed by 2029 across its A380s and long-haul A350s
11 hours ago
SIA to use Starlink for in-flight WiFi from first quarter of 2027
Shikhar Gupta - The upgrade is set to be completed by 2029 across its A380s and long-haul A350s
11 hours ago
Bank of Korea deputy chief says time to consider rate hikes
SEOUL, May 4 : The Bank of Korea's senior deputy governor said forward guidance on monetary policy would become more hawkish at the next meeting later this month, as it was time to consider interest rate hikes. Ryoo Sang-dai, a member of the central bank's seven-seat monetary policy board, ...
11 hours ago
Oil slips after Trump says US will help free ships stranded in Strait of Hormuz
Negotiations between the US and Iran continued over the weekend with both sides assessing responses from each other
11 hours ago
Oil slips after Trump says US will assist ships stranded in Strait of Hormuz
Negotiations between the US and Iran continued over the weekend with both sides assessing responses from each other
11 hours ago
GameStop offers to buy eBay for about US$56 billion
A potential deal would upend the usual M&A playbook, as it is rare for a company to target one nearly four times...
12 hours ago
Gold steady with focus on US Hormuz plan and Iran peace talks
The conflict has kept energy prices elevated, dimming hopes for interest-rate cuts by central banks, a negative for non-yielding bullion
12 hours ago
Air India CEO search narrows to Singapore Airlines exec Kannan and insider Aggarwal: sources
The development suggests the search for a new CEO to lead India’s second-largest airline is nearing completion
12 hours ago
As US brands stumble, China wins over young Indonesians
Chinese firms are now selling more of everything abroad, sending a tsunami of exports into every corner of the world
12 hours ago
Stocks edge up in Asia, oil flat amid Middle East uncertainty
SYDNEY, May 4 : Shares edged higher while oil prices flatlined in Asia on Monday, as investors drew comfort from signs of patchy progress in settling the Middle East conflict at the start of a week packed with earnings and key economic data.President Donald Trump said the United States would begin a ...
12 hours ago
Asian stocks track Wall Street tech rally as Seoul, Taipei hit records
Investors were also cheered by news that Iran had submitted fresh proposals to end its war with the United States.
12 hours ago
Stocks gain in Asia, oil flat amid new Gulf proposals
Investors were also cheered by news that Iran had submitted fresh proposals to end its war with the United States.