12 hours ago
Changi Airport to revamp private terminal, expand amenities in Terminal 2
Koh Kim Xuan - The new private terminal will open mid-2027
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
12 hours ago
South Korea says secures 273 million barrels of crude via routes outside Strait of Hormuz
SEOUL, April 15 : South Korea has secured 273 million barrels of crude oil from the Middle East and Kazakhstan through the end of the year, with supplies routed outside the Strait of Hormuz, presidential chief of staff Kang Hoon-sik said on Wednesday.Asia's fourth-largest economy has also secur ...
13 hours ago
OCBC to train wealth advisers using generative AI
Deon Loke - Training is previously done by supervisors who had to coach up to 10 staff
13 hours ago
Artemis II astronauts made most of professional photography training
HOUSTON, April 15 : The two professional photography instructors who trained Artemis II astronauts to take pictures of the moon and Earth during their historic lunar flyby said they were as impressed as the public by the stunning celestial imagery caught on camera.NASA photography and video trainers ...
13 hours ago
Iran war cuts Nissan’s Middle East car sales by half, FT reports
April 15 : Nissan's vehicle sales in the Middle East have fallen to about half of pre-war levels due to a direct hit to car demand from the U.S.-Israeli war against Iran, the Financial Times reported on Wednesday.
14 hours ago
Booking.com suffers data breach, says customer data possibly exposed
The online travel platform said that customers' financial information was not accessed from its systems.
14 hours ago
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
Ry-Anne Lim - New home sales are 78.3% per cent up year on year for March and five times February’s sales
14 hours ago
ASML lifts 2026 forecast as surging AI demand boosts new orders for chip equipment
AMSTERDAM, April 15 : ASML, the world’s largest supplier of chipmaking equipment, on Wednesday reported stronger-than-expected first‑quarter earnings and lifted its 2026 revenue outlook, as artificial intelligence boosts demand for its tools."Demand for chips is outpacing supply. In respons ...
14 hours ago
ASML lifts 2026 outlook on the back of stronger AI demand
April 15 : ASML raised its 2026 revenue outlook on Wednesday as demand for artificial intelligence chipmaking tools continues to rise.The Dutch computer chip equipment maker said 2026 sales should land between 36 billion and 40 billion euros ($42 billion and $47 billion), against the previously guid ...
14 hours ago
US prosecutors made unannounced visit to Federal Reserve in DC
US PROSECUTORS made a surprise visit to the Federal Reserve’s offices in Washington Tuesday amid the Justice Department’s investigation into Chair Jerome...
14 hours ago
Stocks rise, blockade holds, talks may resume
A look at the day ahead in European and global markets from Gregor Stuart HunterGlobal equities are nudging higher with fresh record highs within view, after U.S. President Donald Trump said on Tuesday that talks to end the Iran war could resume in Pakistan over the next two days.Though there's ...
14 hours ago
Saudi Arabia backstops Pakistan with $3 billion as UAE debt looms
DUBAI/LAHORE April 15 : Saudi Arabia will provide $3 billion in additional support for Pakistan to help the South Asian nation bridge a multi-billion dollar gap in its finances linked to an upcoming debt repayment to the United Arab Emirates.The extra funding for Pakistan comes on top of Riyadh exte ...
14 hours ago
Saudi Arabia backstop Pakistan with $3 billion as UAE debt looms
DUBAI/LAHORE April 15 : Saudi Arabia will provide $3 billion in additional support for Pakistan to help the South Asian nation bridge a multibillion dollar gap in its finances linked to an upcoming debt repayment to the United Arab Emirates.The extra funding for Pakistan comes on top of Riyadh exten ...
15 hours ago
Uber commits $10 billion to robotaxis in strategy shift, FT says
April 15 : Uber has committed more than $10 billion to buying thousands of autonomous vehicles and taking stakes in their developers, breaking from its asset-light "gig economy" business model to avoid disruption from robotaxis, the Financial Times reported on Wednesday.Reuters could not i ...
15 hours ago
OCBC taps on generative AI to bring consistent training to wealth advisers at scale
Nurdianah Md Nur - OCBC Bank has rolled out a generative AI-powered training programme for its 900-strong wealth advisory force in Singapore. The six-month programme uses simulated client conversations to train wealth advisers across competencies, including investment advisory, client management, product knowledge and ...
15 hours ago
Indonesia eyes Russian crude as Middle East tensions deepen import gap, subsidy strain
Elisa Valenta - The move comes as countries scramble to secure energy supplies while the conflict drags on
15 hours ago
UOB Kay Hian doubles down on Sembcorp with higher target price of $8.06
Lin Daoyi - With the Middle East conflict prolonging, countries have been scrambling to find alternative sources of energy. One alternative fuel is coal. Despite being polluting, coal is relatively cheap and reliable, suitable for supporting nations as they seek to mitigate the energy crisis. Against this backd ...
15 hours ago
DBS sees wealthy European, US clients more interested in Asia
DBS and local rivals drew a combined S$77 billion in net new wealth money last year
16 hours ago
Stocks rally, oil extends losses as Trump fans fresh peace hopes
Comments from US President Donald Trump provided a fresh boost to equities, which were already rising on optimism that the six-week conflict in the Middle East could be close to an end.
16 hours ago
Federal agencies skirt Trump’s Anthropic ban to test its advanced AI model, Politico reports
April 14 : Federal agencies and government officials are quietly sidestepping U.S. President Donald Trump’s ban on working with Anthropic, Politico reported on Tuesday. The Commerce Department's Center for AI Standards and Innovation is actively testing Anthropic's frontier AI model Myth ...
16 hours ago
Pakistan says Saudi Arabia pledges $3 billion more in financial support
LAHORE/DUBAI, April 15 : Saudi Arabia will help Pakistan bridge a multibillion dollar gap in its finances linked to an upcoming debt repayment to the United Arab Emirates.Riyadh has announced $3 billion in additional support for Pakistan and extended the rollover arrangement for an extra $5 billion ...
16 hours ago
Pakistan says Saudi Arabia pledges $3 billion more in support for it
NEW DELHI, April 15 : Saudi Arabia has announced $3 billion in additional support for Pakistan and extended a $5 billion deposit, Pakistan Finance Minister Muhammad Aurangzeb said while talking to members of the media in Washington.
16 hours ago
Malaysia’s fuel subsidy bill swells to RM7 billion in April
RON95 - the most popular grade of petrol - retails at RM1.99 per litre, among the lowest in the world
17 hours ago
KKR to buy $820 million of Samsung SDS convertible bonds, shares jump 20%
April 14 : KKR said on Tuesday it will buy $820 million of convertible bonds newly issued by IT solutions firm Samsung SDS, sending the South Korean company's shares up as much as 20.8 per cent. The investment firm said in a statement that funds managed by KKR and Samsung SDS, an affiliate of S ...
17 hours ago
Philippines grants banks flexibility to extend loan payments amid energy crisis
MANILA, April 15 : The Philippines will allow banks to give borrowers more time to settle their loans as part of a package of relief measures designed to support consumers and businesses hit by the energy crisis, its central bank said on Wednesday. This includes grace periods of up to six months, an ...
17 hours ago
Incoming Bank of Korea chief signals potential for hawkish shift amid surging import costs
SEOUL, April 15 : Incoming Bank of Korea Governor nominee Shin Hyun-song on Wednesday signaled the potential for tighter monetary policy, stating the central bank must respond if supply-side shocks from the Iran war lead to prolonged inflationary pressure. "A significant test is coming. Given t ...
17 hours ago
Asian shares scale six-week peak on hopes for US-Iran peace talks
SYDNEY, April 15 : Asian stocks tracked Wall Street higher on Wednesday as hopes for a resumption of U.S.-Iran peace talks pushed oil prices lower, while the dollar steadied after seven days of losses.President Donald Trump said talks with Iran could resume in Pakistan over the next two days, after ...
17 hours ago
Asian stocks track US rally on Iran peace push
ASIAN stocks opened higher, tracking Wall Street gains, as optimism over further US-Iran talks lifted sentiment and pushed down oil prices.
17 hours ago
Iran war promises green edge for Asia as plastic packaging runs short
[SEOUL/TOKYO] An ‘eco-friendly’ range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped...
18 hours ago
F&N to buy nearly 20% stake in New Zealand honey manufacturer Comvita for NZ$20.1 million
Therese Soh - This broadens its participation in health and wellness, with a focus on long-term growth categories
18 hours ago
F&N to acquire nearly 20% stake in New Zealand honey manufacturer Comvita for NZ$20.1 million
Therese Soh - This broadens its participation in health and wellness, with a focus on long-term growth categories
18 hours ago
S-E Asia’s cruise industry raked in S$12.7 billion in 2024, with Singapore handling nearly half the passengers
[SINGAPORE] The cruise industry in South-east Asia yielded US$10 billion (S$12.7 billion) in 2024, making up 5 per cent of the global...
18 hours ago
S-E Asia’s cruise industry raked in S$12.7b in 2024, with Singapore handling nearly half the passengers
[SINGAPORE] The cruise industry in South-east Asia yielded US$10 billion (S$12.7 billion) in 2024, making up 5 per cent of the global...
18 hours ago
SE Asia’s cruise industry raked in S$12.7b in 2024, with Singapore handling nearly half the passengers
[SINGAPORE] The cruise industry in South-east Asia yielded US$10 billion (S$12.7 billion) in 2024, making up 5 per cent of the global...