15 hours ago
Stocks to watch: OCBC, Yangzijiang Shipbuilding, City Developments, First Reit, Cordlife
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 1):
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
15 hours ago
Sentiment improves among Japan's big firms, but Iran war clouds outlook
TOKYO, April 1 : Business sentiment among large Japanese manufacturers improved in the three months to March, according to a closely watched survey released on Wednesday, a sign that increasing economic uncertainty from the Middle East conflict has yet to hit morale.But firms expect conditions to wo ...
15 hours ago
Hershey to change chocolate in some disputed Reese’s items
HERSHEY will change the chocolate in a small portion of its Reese’s and Hershey’s products, the latest twist in a squabble over...
15 hours ago
Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
March 31 : Microsoft, Chevron and investment fund Engine No. 1 have entered into an exclusivity agreement for power generation and supply, the three companies said on Tuesday. Technology companies, including Microsoft, are rushing to secure electricity supply for their rapidly expanding data centers ...
16 hours ago
Singapore chemical logistics growth still promising despite Middle East war: Katoen Natie execs
Sharanya Pillai - Specialty chemical producers are scaling up their plants on Jurong Island, driving demand for warehouse storage
16 hours ago
Are CEOs paid too much? An NUS study offers insights that hopefully changes more than rules
Ben Paul - Investors should look out for the shortcomings in remuneration practices highlighted by the study in the companies in which they own shares
16 hours ago
Elon Musk must face class action over late disclosure of Twitter stake, judge rules
The judge said Musk did not overcome the presumption that his alleged misrepresentations affected Twitter’s share price
17 hours ago
Nike results tops estimates as turnaround shows uneven progress
The company’s stock has lost about 17 per cent of its value in the last 12 months
17 hours ago
Anthropic to sign deal with Australia on AI safety and economic data tracking
SYDNEY, April 1 : Anthropic said on Wednesday it would sign an agreement to share its economic index data with the Australian government to help track artificial intelligence adoption across the economy, and its impact on workers and jobs.Under the agreement, the Claude maker will share findings on ...
17 hours ago
Trump says US could end war in Iran in two to three weeks
Iran does not have to make a deal with the US, Trump added
17 hours ago
WTI, June Brent crude futures settle down on reports that Iran may be ready to end war
[HOUSTON] Brent futures for June delivery settled down more than US$3 on Tuesday following unconfirmed media reports that Iran’s president said the...
17 hours ago
European shares snap eight-month winning streak as Middle East conflict weighs
EUROPEAN stocks ended Tuesday with their steepest monthly decline in nearly four years, underscoring the degree to which the Middle East conflict has...
17 hours ago
Commentary: In trade’s ‘law of the jungle’, the winners are clear
It is China and the United States that prosper when power sets the terms for global commerce, says Peter Foster for the Financial Times.
17 hours ago
McCormick acquires Unilever food arm in US$44.8 billion merger
UNILEVER agreed to combine its food business with spice maker McCormick & Co. in a US$44.8 billion deal that will create a global seasonings,...
17 hours ago
US stocks: Wall Street soars as traders bet on potential war off-ramp
WALL Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent...
17 hours ago
AT&T signs deal worth $2 billion to upgrade emergency cellular network
March 31 : AT&T has reached a deal to invest about $1 billion to improve the Commerce Department's FirstNet and deliver $1 billion in cost savings for the program via reduced rates, a U.S government agency said on Tuesday.The telecommunications company was awarded the 25-year contract to bu ...
18 hours ago
X recovers after brief US outage, Downdetector shows
March 31 : Social media platform X was back up after a brief outage that impacted thousands of users in the U.S. on Tuesday, according to Downdetector.com.There were 562 reports of issues with Elon Musk-owned X as of 5:03 p.m. ET, down from a peak of over 21,000 reports. Downdetector tracks outages ...
19 hours ago
North Korea-linked hack hits largely invisible software that powers online services
March 31 : Hackers linked to North Korea breached behind-the-scenes software that runs many common online functions in an effort to steal login information that could enable further cyber operations, Google said on Tuesday.The hackers targeted Axios, a program that connects apps and web services, by ...
22 hours ago
Oracle begins layoffs affecting thousands, CNBC reports
March 31 : Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter.Late on Tuesday, Oracle said it will lay off 491 employees working remotely in Washington state and at its Seattle offices effective June 1, according to ...
22 hours ago
Oracle begins cutting thousands of jobs, CNBC reports
March 31 : Cloud computing company Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter.The company declined to comment on the job cuts, although several social media users shared details on platforms such as Reddit, X and anonymous workpl ...
22 hours ago
Japan, France to ink rare-earths deal, Nikkei reports
April 1 : Japanese Prime Minister Sanae Takaichi and French President Emmanuel Macron are set to agree to create a roadmap for diversifying supplies of rare earths and other critical minerals, the Nikkei reported on Wednesday.The report said that a joint statement will be issued by the two leaders, ...
23 hours ago
Apple tests Siri feature that handles multiple commands at once, Bloomberg News reports
March 31 : Apple is testing a feature that would let Siri process multiple requests in a single query, bringing the virtual assistant more in line with the capabilities of newer AI assistants, Bloomberg News reported on Tuesday. The feature is being built into iOS 27, iPadOS 27 and macOS 27 operatin ...
23 hours ago
KKR plans to privatise Japan's Taiyo Holdings with $3.3 billion tender offer
March 31 : Global investment firm KKR said on Tuesday that an entity owned by its investment funds seeks to make a tender offer to buy all shares of Japanese chemical manufacturer Taiyo Holdings for 528.56 billion yen ($3.33 billion).KKR is offering 4,750 yen per Taiyo share, a 4.7 per cent discount ...
24 hours ago
Twelve Cupcakes staff to recover part of unpaid salaries from end-March: F&B union
Paige Lim - The Food, Drinks and Allied Workers Union says it has been assisting affected members since October 2025
24 hours ago
Twelve Cupcakes staff to recover portion of unpaid salaries from end-March: F&B union
Paige Lim - The Food, Drinks and Allied Workers Union says it has been assisting affected members since October 2025
1 day ago
‘Real pain’ to set in: Businesses scramble to cope as EMA warns of sharper rise in power tariffs
Chloe Lim - Utility companies SP Group and City Energy announce price hikes for Q2 2026
1 day ago
‘Real pain’ to set in: Businesses brace for impact as EMA warns of potentially sharper rise in power tariffs
Chloe Lim - Utility companies SP Group and City Energy announce price hikes for Q2 2026
1 day ago
King Wan Corporation secures $57.6 million worth of M&E contracts for the first three months of 2026
Teo Zheng Long - King Wan Corporation (King Wan) (SGX: 554 ) has secured $57.6 million worth of mechanical and electrical (M&E) contracts between January and March. The projects include: Plumbing and Sanitary services for the proposed redevelopment of Alexandra Hospital Inpatient Block at Alexandra Road; andAir- ...
1 day ago
Huawei posts slower annual revenue growth of 2.2%
The 2025 result marks the company’s second-highest annual revenue
1 day ago
Tether cuts two gold traders hired three months ago, source says
LONDON, March 31 : Tether has let go two senior precious metals traders it hired from HSBC only three months ago, a source with direct knowledge of the matter told Reuters on Tuesday.El Salvador-headquartered Tether cut the roles as spot gold prices headed for their steepest monthly drop since the 2 ...
1 day ago
Reclaims Global reports higher earnings of $6.8 million for FY2026, up 23% y-o-y
Teo Zheng Long - Reclaims Global (SGX: NEX ) has reported a 23% y-o-y increase in net profit to $6.8 million for FY2026, ended Jan 31, 2026. Revenue saw a growth of 4.8% y-o-y to $46.5 million, mainly driven by stronger market demand for the excavation services and logistics and leasing segments. For FY2026, Reclaim ...
1 day ago
Tech giant Sea to donate S$50m to boost football development in Singapore
Sea, which runs e-commerce platform Shopee, said it will work closely with the government and the football community to deploy the funds effectively.
1 day ago
Wall St opens higher on Mideast de-escalation hopes; monthly losses loom
[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Mar 31), as markets welcomed a report signalling potential de-escalation in the...
1 day ago
Meta to limit PG-13 rating use for teen accounts in Motion Picture Association deal
WASHINGTON, March 31 : Meta agreed to limit references to the PG-13 film rating when describing accounts for teens, the company and the Motion Picture Association said in a statement on Tuesday.