9 hours ago
Australia secures fertiliser from Indonesia to meet crop needs
About 60% of the nation’s supplies of urea normally travel through the now largely shut Strait of Hormuz
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
KORE reports 1QFY2026 distributable income of US$10 mil, up 4.3% y-o-y
Felicia Tan - KORE US REIT, previously Keppel Pacific Oak US REIT, has reported distributable income of US$10 million ($12.7 million) for the 1QFY2026 ended March 31, up 4.3% y-o-y. During the quarter, gross revenue increased by 5.1% y-o-y to US$38.7 million, while net property income (NPI) grew by 13.6% y-o-y to ...
10 hours ago
Netflix co-founder Hastings exits as streaming pioneer hunts for growth
[LOS ANGELES] Netflix Chairman Reed Hastings is quitting the streaming service he co-founded 29 years ago.
10 hours ago
BOJ chief avoids hints of April rate hike, shattering hawkish market bets
WASHINGTON, April 16 : Bank of Japan Governor Kazuo Ueda steered clear of signalling a rate hike was on the cards this month, instead highlighting the country's low real interest rates and robust corporate profits, heightening the chance it will hold fire at least until June.Japan is facing ris ...
10 hours ago
BOJ must take into account Japan's low real rates in setting policy, governor Ueda says
WASHINGTON, April 16 : Bank of Japan Governor Kazuo Ueda said on Thursday the central bank must take into account the fact that Japan's real interest rate is low, when deciding how soon to raise interest rates.Japan is facing rising inflation from a "negative supply shock," which is m ...
10 hours ago
Kore US Reit Q1 distributable income rises 4.3% on higher adjusted NPI
Therese Soh - The improvement is mainly due to higher one-off other operating income and cash rental income
10 hours ago
Keppel Pacific Oak US Reit Q1 distributable income rises 4.3% on higher adjusted NPI
Therese Soh - The improvement is mainly due to higher one-off other operating income and cash rental income
10 hours ago
European airlines face fuel shortages within weeks
Europe is by far the biggest consumer of jet fuel shipped through the Strait of Hormuz
10 hours ago
Asia relying on US crude to replace Middle East supply
The war in Iran and near closing of the Strait of Hormuz has choked off crude flows to Asia
11 hours ago
Singapore’s affluent seek second homes in Thailand
Felix Desjardins - Singapore remains Southeast Asia’s undisputed financial centre. Yet for a growing number of its high-net-worth residents, Phuket and Koh Samui have emerged as popular destinations for their next luxury home. List Sotheby’s International Realty Thailand reports a visible increase in Singapore-bas ...
11 hours ago
Ample crude supply buffers US cargoes from price shock as Europe, Asia prices surge
Sharon Lee - The US imported 295,000 barrels per day of Venezuelan crude in the first quarter, up 14 per cent on the year
11 hours ago
G7 finance chiefs say it is urgent to limit Middle East war’s cost to global economy
[WASHINGTON] Finance chiefs of the Group of Seven nations on Thursday said it was urgent to limit the cost to the global...
11 hours ago
iEdge Next 50 Liquidity Weighted Index outperforms STI on tech strength
Deon Loke - The liquidity-weighted index recorded a 9.7 per cent year-to-date total return
11 hours ago
ECB policymakers play down April rate hike chances
[WASHINGTON] European Central Bank policymakers played down the chance of a rate hike as soon as this month, arguing that more data...
11 hours ago
Ample supply buffers US cargoes from price shock as Europe, Asia prices surge
HOUSTON/LONDON, April 16 : U.S. crude cargo prices have retreated from recent price spikes while prices in Europe and Asia continued to hit record highs almost seven weeks into the Iran war, as releases from the U.S. Strategic Petroleum Reserve and Venezuelan imports cushion domestic supplies, analy ...
12 hours ago
Artemis astronaut describes charring on heat shield during crew's fiery return to Earth
COLORADO SPRINGS, Colorado, April 16 : The astronauts who flew around the moon and back in NASA's landmark Artemis II mission said their re-entry into Earth's atmosphere was smooth, but the mission's commander described some charring on the Orion capsule's critical heat shield.Th ...
12 hours ago
Oil prices rise on doubts US-Iran peace talks will ease Hormuz disruption
Oil markets also did not react to Trump’s announcement of a 10-day ceasefire between Israel and Lebanon
12 hours ago
European shares muted with Middle East developments, corporate results in focus
EUROPEAN shares were little changed on Thursday as markets weighed progress toward a potential resolution to the Middle East conflict, while investors assessed...
12 hours ago
NiSource signs long-term power deal with Alphabet, expands Amazon agreement
April 16 : U.S. utility NiSource said on Thursday it had signed a long-term energy supply agreement with a unit of Alphabet to support a large data center in northern Indiana.The company also said it had expanded an agreement with Amazon to speed up power delivery to its sites and bring forward bill ...
12 hours ago
US stocks: S&P 500, Nasdaq edge up to new records with Middle East hopes in focus
Nasdaq’s gain represented its 12th consecutive advance, its longest winning streak since July 2009
13 hours ago
Trading Day: Nasdaq notches 12-day winning streak as Middle East peace talks progress
April 16 - Wall Street moved higher on Thursday, as traders assessed ongoing Middle East peace negotiations and parsed a mixed bag of corporate earnings.With these modest gains, the S&P 500 and the Nasdaq both notched their second consecutive all-time closing highs, while the Nasdaq clinched its ...
14 hours ago
Bangladesh needs to replenish capital in banks and private sector, finance minister says
April 16 : Bangladesh Finance Minister Amir Khosru said on Thursday his country needs to erase a capital deficit in its banks and private sector for any reforms to take hold."The first thing to be approached is to replenish the capital deficit that is there in the private sector, replenish the ...
14 hours ago
Netflix co-founder Hastings to exit as company mulls its next move; shares fall
LOS ANGELES, April 16 : Netflix Chairman Reed Hastings is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72 billion deal for Warner Bros Discovery. In a letter to investors released on Thursday, Netflix said Hastings will not stand for ...
14 hours ago
Netflix co-founder Reed Hastings to exit in June
LOS ANGELES, April 16 : Netflix Chairman Reed Hastings is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72 billion deal for Warner Bros Discovery. In a letter to investors released on Thursday, Netflix said Hastings will not stand for ...
15 hours ago
Stocks hit record following Israel-Lebanon ceasefire, oil rallies
NEW YORK, April 16 : Global stocks rallied to a fresh record on Thursday as the announcement of a ceasefire between Israel and Lebanon boosted sentiment, but oil prices also rose as global supply buffers continue to dwindle with the key Strait of Hormuz still blockaded.U.S. President Donald Trump an ...
15 hours ago
Stocks hit record on hopes of US-Iran peace deal, but doubts lift oil
NEW YORK, April 16 : Global stocks rose to a record on Thursday as the prospect of a ceasefire between Israel and Lebanon boosted sentiment, but concerns over the likelihood of a deal to loosen the chokehold on Middle Eastern energy supplies boosted oil prices.U.S. President Donald Trump announced t ...
15 hours ago
White House to give US agencies Anthropic Mythos access, Bloomberg News reports
April 16 : The U.S. government is planning to make a version of Anthropic's frontier AI model Mythos available to major federal agencies amid concerns that the tool could sharply increase cybersecurity risk, Bloomberg News reported on Thursday.Announced on April 7, Mythos is being deployed as p ...
17 hours ago
Russia-linked Grinex crypto exchange suspends operations after cyber attack
MOSCOW, April 16 : Russia-linked sanctioned crypto exchange Grinex said on Thursday it had suspended operations after assets worth 1 billion roubles ($13.10 million) were stolen during a cyber attack.Grinex, which is based in Kyrgyzstan but linked to Russia, was sanctioned by the U.S., the UK and th ...
18 hours ago
Gucci-owner Kering aims to launch luxury Google glasses next year, CEO says
FLORENCE, Italy, April 16 : Kering aims to launch smart glasses under the Gucci brand in partnership with Google next year, CEO Luca de Meo told Reuters, becoming potentially the first major luxury brand to enter the AI-powered eyewear sector.That will pit it against Italian-French eyewear leader Es ...
18 hours ago
US ‘very close’ to deal with Iran, says Trump; both sides may meet at weekend
Lebanon accused of Israel violating ceasefire with intermittent shelling of several southern Lebanese villages
18 hours ago
Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend
Lebanon said early on Apr 17 that Israel committed violations of the ceasefire after it took effect
18 hours ago
Israel and Lebanon begin ceasefire, Trump says Iran may meet US at weekend
Teheran has demanded that international sanctions against it be lifted
18 hours ago
Trump says Israel, Lebanon have agreed 10-day ceasefire
A US official says the ceasefire would begin on Thursday
18 hours ago
US SEC seeks comment on contentious trading database
WASHINGTON, April 16 : The U.S. Securities and Exchange Commission said on Thursday it is seeking public comment on whether it should comprehensively review the so-called Consolidated Audit Trail (CAT), potentially re-opening a decade-long dispute over the trading database.The SEC said it would seek ...