11 hours ago
Aspial Lifestyle shares close flat after rising 6% in intraday trade on proposed move to SGX mainboard
Chloe Lim - The transfer can enhance the company’s ability to access both equity and debt capital markets
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
11 hours ago
Shares of Aspial Lifestyle up 6% on proposed transfer to SGX mainboard
Chloe Lim - This move can enhance the company’s ability to access both equity and debt capital markets
12 hours ago
Oil rises on supply concerns as Iran conflict widens
LONDON, March 5 : Oil prices rose on Thursday, extending a rally as the escalating U.S.-Israeli war with Iran continued to disrupt supplies, prompting some major producers to cut production and others to take measures to ensure supply security.Brent crude was up $2.35, or 2.9 per cent, at $83.75 per ...
12 hours ago
Oil prices rise as Iran conflict widens
TOKYO, March 5 : Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war chokes off vital Middle East oil and gas flows while production facilities limit output.Brent crude was trading up $1.67, or 2.05 per cent, at $83.07 per barrel ...
12 hours ago
Gold gains on safe-haven demand, softer dollar
Bullion has risen about 20% so far this year
12 hours ago
Budget 2026: Singapore faces stiff competition for talent, despite draws of new AI and tech-focused One Pass
Low Youjin - Its track offers greater career certainty while Singapore’s stability strengthens its appeal to global talent
12 hours ago
Nvidia CEO Huang rules out US$100 billion OpenAI investment
The chipmaking giant has contributed US$30 billion to a massive US$100 billion funding round for OpenAI last month
12 hours ago
Singtel deploys conversational AI agents with Sierra, partners Zscaler on IoT security
Nurdianah Md Nur - Singapore Telecommunications (Singtel) is deploying conversational artificial intelligence (AI) agents across its customer service operations after a pilot programme showed the technology could resolve a majority of common customer requests without human intervention. The telco has partnered with Si ...
12 hours ago
South Korea's Kospi stages dramatic recovery from worst-ever crash
South Korean shares soared as much as 12 per cent at the open to swiftly erase almost all of their worst-ever daily slump a day earlier.
13 hours ago
Australia to join G7 critical minerals alliance, Canada’s Carney says
Carney is on a multi-leg trip across Asia-Pacific
13 hours ago
Kraken’s banking arm becomes first crypto firm to secure payments account with Fed
Digital-asset companies have also benefited under US President Donald Trump, who has promised to make America the “crypto capital of the world”
13 hours ago
Stocks to watch: Aims Apac Reit, Marco Polo Marine, Geo Energy Resources, Aspial Lifestyle
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Mar 5):
13 hours ago
Mastercard, DBS and UOB successfully trial autonomous payment by AI agent in Singapore
Nurdianah Md Nur - Mastercard has completed its first live authenticated “agentic” payment transaction in Singapore, a test that shows how artificial intelligence (AI) agents could begin executing everyday purchases on behalf of consumers. Conducted with DBS Bank and United Overseas Bank (UOB), the transaction inv ...
13 hours ago
China sets lowest growth target since 1991 as old model falters
A lower target also reduces the pressure on officials to deploy aggressive stimulus despite a volatile global trade environment
13 hours ago
China softens GDP goal to range of 4.5% to 5% as growth slows
While in line with expectations, it is the first downgrade since authorities cut it to about 5% in 2023
13 hours ago
Geo Energy to raise up to S$14.9 million via proposed share placement
Deon Loke - The placement price has been set at S$0.425 per share
13 hours ago
NASA to tap UAL for critical component of moon rocket, Bloomberg News reports
March 4 : NASA intends to select United Launch Alliance to provide a critical component for future missions of the agency's moon rocket, replacing planned Boeing-built hardware as costs ballooned to $2.8 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reute ...
13 hours ago
Oil price up nearly 2% in early Asian trade
TOKYO: Oil prices rose nearly 2 per cent in early Asian trade on Thursday (Mar 5), off the back of persistent worries about supplies because of the
13 hours ago
Singapore Gulf Bank launched amid booming wealth flows from Asia – then came the Iran crisis
Chloe Lim - Bank is set up by Whampoa family office and Bahrain’s sovereign wealth fund
13 hours ago
One Singapore bank launched in the Gulf amid booming wealth flows from Asia – then came the Iran crisis
Chloe Lim - Bank is set up by Whampoa family office and Bahrain’s sovereign wealth fund
14 hours ago
Geo Energy plans to raise $14.875 mil placing out new shares at 42.5 cents each
The Edge Singapore - Geo Energy Resources plans to raise up to $14.875 million by placing out 35 million new shares at 42.5 cents each. The funds raised will be used for working capital purposes. At 42.5 cents each, the placement price is a discount of 4.49% to the last full day weighted average price of 44.5 cents on M ...
14 hours ago
Atlantic Navigation chairman Michael Kum raises stake to 75.1% after married deal with CEO Bill Wong
The Edge Singapore - Michael Kum, non-executive chairman of Atlantic Navigation, has raised his stake in the company by buying over $13 million worth of shares at 10 cents each via a married deal with CEO Bill Wong. With 130 million changing hands, Wong, who founded the company, has cut his direct stake from 31.8% to 7. ...
14 hours ago
Phillip Securities upgrades Sats to ‘buy’; sees no material impact from Iran war
Therese Soh - The brokerage hikes Sats’ target price by 15.6% to S$4.44 and lifts its earnings forecast
15 hours ago
Australia says more flights from Middle East expected, situation still volatile
About 115,000 Australians remain in the Middle East
15 hours ago
Morgan Stanley lays off 2,500 employees across divisions, source says
It reported a banner year in 2025
15 hours ago
Morgan Stanley lays off 2,500 employees across all divisions, WSJ reports
MORGAN Stanley has laid off 2,500 employees across all divisions, the Wall Street Journal reported on Wednesday, citing people familiar with the...
15 hours ago
Amazon cuts more jobs; this time in robotics unit
The company has cuts 30,000 corporate employees so far
15 hours ago
US-to-Asia oil shipment costs hit a record, some deals falter
The global energy industry has been rocked by the widening Middle East fighting
15 hours ago
Broadcom sees over US$100 billion in AI chip sales by 2027 on robust custom chip demand
It announced a new share repurchase programme of up to US$10 billion
15 hours ago
Broadcom sees revenue above estimates as AI fuels custom chip demand
It announced a new share repurchase programme of up to US$10 billion
15 hours ago
Oil settles at highest in over a year for second straight day as Iran crisis escalates, snarls Hormuz flows
[HOUSTON] Oil prices settled unchanged on Wednesday at the end of a volatile trading session, as escalating US and Israeli strikes against Iran...
15 hours ago
Airlines, shippers panic shop for fuel hedges with prices surging
Traders and brokers say consumer hedging has picked up since the conflict began
16 hours ago
European stocks rebound from selloff driven by war fears; Spain shrugs off US threats
EUROPEAN shares rebounded on Wednesday from the previous day’s bruising selloff, as investor fears over the ripple effects of a prolonged Middle East...
16 hours ago
US stocks close higher on Iran diplomacy hopes; tech leads rebound
US STOCKS closed up on Wednesday, after a news report that Iran had signaled openness to talks and a pledge by President Donald...