10 hours ago
Iran to completely close Hormuz if Trump executes threats on Iranian energy, Revolutionary Guards say
The conflict looks set to intensify
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
10 hours ago
Philippines allows temporary use of dirtier fuel amid Middle East crisis
The country relies heavily on Middle Eastern oil for its fuel needs
10 hours ago
Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source says
The conflict has killed more than 2,000 and spurred Iranian retaliatory strikes
17 hours ago
AEM partners ASE Technology for AI, high-performance computing chip testing
Ry-Anne Lim - AEM will also raise S$12 million through a private placement for its Taiwan expansion, integration into ASE’s operations
21 hours ago
MAS should require EQDP fund managers to express their views, flex shareholder power
Ben Paul - An alignment of interests with minority investors could be a more constructive motivating force for IDs than their vaunted independence
22 hours ago
Rivelle Tampines EC sells over 90% of units at average price of S$1,893 psf at launch
Ry-Anne Lim - Demand comes from a mix of buyers, including a ‘notable proportion’ of young professionals and public housing upgraders
22 hours ago
The challenges of an AI-powered legal industry
Artificial intelligence is changing work for lawyers, but humans are still needed to hold the ethical line
23 hours ago
Sinopec posts 36.8% drop in 2025 net profit on weak petrochemical margins, new energy substitution
Refinery throughput is down 0.8% at 250.33 million tonnes, equivalent to five million barrels per day
23 hours ago
Sinopec’s full-year profit falls 34% to 32.5 billion yuan as fuel demand weakens
SINOPEC reported a steeper-than-expected decline in profit for 2025 as faltering fuel demand and an oversaturated chemicals market sapped margins.
23 hours ago
HGH Holdings disposes of 20% stake in subsidiary Premium Concrete for $2.4 mil
Felicia Tan - Catalist-listed HGH Holdings has agreed to sell its 200,000 shares — or a 20% stake — in its wholly-owned subsidiary, Premium Concrete, for $2.4 million. The company had entered into a share purchase agreement (SPA) with Lim Kui Teng, founder of private construction company, Chuan Lim Constructi ...
23 hours ago
Sim Lian sells 92% of 572-unit Rivelle Tampines EC at $1,839 psf on average
Gerine Tang Yi Qian - Sim Liam’s Rivelle Tampines executive condominium (EC) sold 92% of its 572 units at its launch on March 21, at an average price of $1,893 psf. The units sold were priced from $1,588,000 for an 883 sq ft three-bedroom unit, $1,893,000 for a 1,044 sq ft four-bedroom unit and $2,559,000 for a 1,378 s ...
23 hours ago
Ellipsiz receives $65 mil loan from Maybank Singapore to help fund egg farm development
The Edge Singapore - ISE Foods Holdings (IFH), a subsidiary of SGX-listed Ellipsiz, has received a $65 million loan from Maybank to help fund the development of Singapore's fourth egg farm. Ellipsiz's plans for this egg farm extend as far back as 2021 and has received the support of the Singapore Food Agency. ...
23 hours ago
Low-cost Ozempic copies launch in India as Novo Nordisk’s patent expires
One firm plans to make a semaglutide jab at a starting price of 1,290 rupees a month
1 day ago
Singapore worker dorm rents could rise 5% in 2026 after a H2 2025 dip, as mandated upgrades roll out
Chong Xin Wei - Post-upgrades, rents may be raised to reflect the higher quality and costs of maintaining the facilities
1 day ago
Tencent integrates WeChat with OpenClaw AI agent amid China tech battle
The software, called ClawBot, will appear as a contact within China’s most popular app
1 day ago
BIS economist Shin Hyun-song named Bank of Korea governor, presidential office says
SEOUL, March 22 : South Korean economist Shin Hyun-song, best known for predicting the 2008 Global Financial Crisis, was named on Sunday to head the central bank, facing inflation risk from the Iran war and uneven growth in Asia's fourth-largest economy.President Lee Jae Myung chose Shin, head ...
1 day ago
BIS economist Shin Hyun-song named Bank of Korea governor
SEOUL: South Korean economist Shin Hyun-song, best known for predicting the 2008 Global Financial Crisis, was named on Sunday (Mar 22) to head the central bank, facing inflation risk from the Iran war and uneven growth in Asia's fourth-largest economy.President Lee Jae Myung chose Shin, head of ...
1 day ago
Most hospitality and lodging S-Reits post higher H2 revenue, payouts
[SINGAPORE] Hospitality and lodging real estate investment trusts in Singapore (S-Reits) have shown robust operating performance, with mostly stable to higher distributions...
1 day ago
Insider and institutional positioning for the week
[SINGAPORE] For the five trading sessions spanning Mar 13 to 19, institutions were net buyers of Singapore stocks, with net institutional inflow...
1 day ago
Tesla, SpaceX, xAI chip project to kick off in Texas: Elon Musk
If it succeeds, the project could help elevate the US state’s status as a chipmaking hub
1 day ago
Iran crisis: Government reassurances should not blunt the need for Singapore to save energy
Janice Heng - In a country accustomed to plenty, what will it take to change consumer behaviour?
1 day ago
Shockwave of war is rippling through the global economy
PMIs are expected to decline, signalling a synchronised weakening across manufacturing and services
1 day ago
Sun Group taps Changi unit to run Vietnam’s key airport for Apec forum in 2027
Jamille Tran - Phu Quoc International Airport is set to adopt ‘Changi standards’, positioning the island as a new Asia-Pacific travel hub
1 day ago
Trump threatens Iran with power plant strikes over Hormuz oil blockade
[TEL AVIV/JERUSALEM/WASHINGTON] US President Donald Trump on Saturday (Mar 21) threatened to “obliterate” Iran’s power plants if Teheran does not fully reopen...
2 days ago
OpenAI to introduce ads to all ChatGPT free and Go users in US
March 21 : OpenAI will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters.The move was first reported by The Information.OpenAI has recently integrated Criteo, an advertising t ...
2 days ago
OpenAI to expand ads on ChatGPT to all free and low-cost users, The Information reports
March 21 : OpenAI has told advertising agencies it is increasing the number of users shown ads, with ChatGPT set to display ads to all users on its free and low-cost versions in the coming weeks, The Information reported on Saturday, citing people briefed on the matter.Reuters could not immediately ...
2 days ago
MLT to acquire Grade A warehouse in Mumbai for $53.6 mil
Felicia Tan - Mapletree Logistics Trust (MLT) is proposing to acquire a freehold, newly-built Grade A warehouse in Bhiwandi, Mumbai, Maharashtra, India at a property purchase price of INR3.89 billion ($53.6 million). The warehouse is purchased through the acquisitions of an investment holding company and a proper ...
2 days ago
OpenAI to nearly double workforce to 8,000 by end-2026, FT reports
March 21 : Artificial intelligence start-up OpenAI plans to nearly double its workforce to 8,000 from 4,500 by the end of 2026, the Financial Times reported on Saturday, citing two people with knowledge of the matter.Reuters could not immediately verify the report. OpenAI did not immediately respond ...
2 days ago
JPMorgan strategists cut S&P 500 target on Iran war uncertainty
[NEW YORK] JPMorgan strategists cut their price target on the S&P 500 Index, saying the upside potential for risk assets is “more...
2 days ago
Musk misled Twitter investors before 2022 buyout, jury says
[SAN FRANCISCO] Elon Musk defrauded Twitter investors when he disparaged the company in 2022 in an effort to buy the social media...
2 days ago
Amazon plans smartphone comeback more than a decade after Fire Phone flop
[SAN FRANCISCO] In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone – overseen...
2 days ago
Blackstone private credit fund has first monthly loss since 2022
[LOS ANGELES] Blackstone’s flagship private credit fund posted its first monthly loss in more than three years, one of the clearest signs...
2 days ago
Oil closes at highest since 2022 on outlook for prolonged war
[NEW YORK] The global oil benchmark settled at the highest level since mid-2022 with fears over further escalation in the Iran war...
2 days ago
Europe: Shares log third straight weekly loss as Mideast war fuels inflation fears
[BENGALURU] European equities fell for a third straight week, their longest streak of losses in almost a year, as the deepening conflict...