Business Headlines & Singapore Stock Market News

12 hours ago

Former OCBC CEO Helen Wong’s FY2025 pay dips 6.3% to S$12 million in final year at bank

Shikhar Gupta - This is compared with the S$12.8 million she took home in FY2024

12 hours ago

Thai February export growth misses forecasts, could slow due to Middle East war

12 hours ago

Asian stocks pare gains, oil edges up on Tuesday

ASIAN stocks pared early gains and equity-index futures reversed course, signalling that the fragile optimism around a potential de-escalation in Middle East...

13 hours ago

Dollar regains ground as investors doubt swift end to Iran war

LONDON, March 24 : The dollar regained some ground on Tuesday as investors remained doubtful the war in the Middle East could be quickly resolved, even though U.S. President Donald Trump delayed the bombing of Iranian power stations and energy infrastructure.Trump on Monday said that the U.S. and Ir ...

13 hours ago

Dollar regains ground as investors remain cautious about end to Iran war

LONDON, March 24 : The dollar regained some ground on Tuesday as investors remained sceptical of a swift resolution to the war in the Middle East, even though U.S. President Donald Trump delayed the bombing of Iranian power stations and energy infrastructure.Trump on Monday said that the U.S. and Ir ...

13 hours ago

Dollar stands tall as markets turn cautious on Middle East war

HONG KONG, March 24 : The dollar firmed slightly on Tuesday as investor sentiment turned cautious, with the war in the Middle East raging on and markets sceptical of a swift resolution even though U.S. President Donald Trump delayed the bombing of Iran's power grid.Trump wrote on his Truth Soci ...

13 hours ago

Dollar nurses losses as markets weigh Trump delay in Iran strikes

HONG KONG, March 24 : The dollar nursed steep losses against major currencies on Tuesday in a wild start to the week after U.S. President Donald Trump delayed the bombing of Iran's power grid, a move that allayed fear of a prolonged war in the Middle East.Trump wrote on his Truth Social platfor ...

13 hours ago

Puma fails to block registration of Tiger Woods-backed Sun Day Red trademark in Singapore

Even though both brand marks feature big cats in motion, the tribunal found that the differences in form, style and concept are...

13 hours ago

Gold extends decline for 10th day as Iran war concerns persist

Despite the pause announced by Trump, the outcome of any negotiations and future passage of ships through the Strait of Hormuz remain...

13 hours ago

Gold edges higher as US pullback on Iran strikes brings respite

Despite the pause, the outcome of any negotiations and future passage of ships through the Strait of Hormuz remain uncertain

14 hours ago

Nikkei rebounds as Trump’s Iran strike delay eases war fears

[TOKYO] Japan’s Nikkei share average rose on Tuesday as investors grew hopeful of a potential de-escalation in the Middle East conflict after...

14 hours ago

Japan finance minister says ready to act 'on all fronts' after report on oil futures intervention

TOKYO, March 24 : Japanese Finance Minister Satsuki Katayama said the government is prepared to take all necessary measures "on all fronts", but did not comment directly on the possibility of Japan intervening in the crude oil futures market.Reuters reported on Monday that Japan's gov ...

14 hours ago

Talent fight intensifies in Hong Kong’s US$1 trillion wealth hub

The city is re-emerging as a primary destination for shifting capital, amid geopolitical volatility in the Middle East and regulatory tightening in...

14 hours ago

Asia-Pacific private equity exits rebound, net distributions turn positive in 2025: Bain

Benjamin Cher - General partners list robust IPO markets and strong public market performances as catalysts for the rebound

14 hours ago

Clar bulks up with S$1.4 billion Singapore, Japan buys funded by S$900 million unit issue

Shikhar Gupta - The manager also proposes an advanced distribution, expected to be S$0.0375 per existing unit

14 hours ago

Clar bulks up with S$1.4 billion Singapore, Japan buys funded by S$900 million issue

Shikhar Gupta - The manager also proposes an advanced distribution, expected to be S$0.0375 per existing unit

14 hours ago

CapitaLand Ascendas bulks up with S$1.4 billion Singapore, Japan buys, to fund deals with S$900 million unit issue

Shikhar Gupta - With the purchases, Clar’s Singapore AUM value will increase to about S$13.2 billion

14 hours ago

Itochu, ERI to set up Japan venture to recycle electronics

TOKYO, March 24 : Trading house Itochu said on Tuesday it would form a Japanese venture with Electronic Recyclers International to recycle electronic equipment.Itochu also plans to buy a stake in ERI, but did not disclose details of the investment.Japan is ramping up resource-recycling efforts as ri ...

14 hours ago

Itochu, US firm to set up Japan JV in electronics recycling

TOKYO, March 24 : Japanese trading house Itochu said on Tuesday it has agreed to form a capital and business alliance with U.S. Electronic Recyclers International, which operates an electronic equipment recycling business in the United States.The companies will establish a joint venture, ERI Japan, ...

14 hours ago

Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, CapitaLand Ascendas Reit

Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Mar 24):

14 hours ago

CLAR to acquire three more assets for $1.41 bil; launches $900 mil fund raise

The Edge Singapore - CapitaLand Ascendas REIT is on a shopping spree, with the acquisition of numerous asssets for around $1.41 billion, including its foray into Japan. This means since last December, CLAR is spending or has spent more than $2.2 billion to beef up its portfolio. According to its announcement on March 24 ...

14 hours ago

OpenAI warns Microsoft ties pose risk ahead of potential IPO, CNBC reports

OPENAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is...

15 hours ago

US FCC bans wireless router imports, citing security concerns

The latest development is reminiscent of a ban on smartphones developed by Chinese companies

15 hours ago

Stoneweg Europe Stapled Trust divested office in Poland for €22.5 mil

The Edge Singapore - Stoneweg Europe Stapled Trust has divested an office in Warsaw for €22.5 million, or around $33.6 million, at a slight premium to its most recent valuation of €21.4 million. Riverside Park is described as a multi-tenant office asset completed in 2005 with approximately 12,631 sqm of net lettable ...

15 hours ago

Wall Street-backed crypto exchange takes aim at Asia FX market using won stablecoin

The goal is to create a cheaper, digital alternative to traditional non-deliverable forwards

15 hours ago

Japan's core inflation slows below BOJ target, complicates rate communication

TOKYO, March 24 : Japan's core consumer inflation slowed below the central bank's 2 per cent target in February for the first time in nearly four years, data showed, as government fuel subsidies offset rising import costs from a weak yen and surging oil prices from the Iran war.While the r ...

15 hours ago

Japan's core inflation slows below BOJ target, complicates rate path

TOKYO, March 24 : Japan's core consumer inflation hit 1.6 per cent in February to slide below the central bank's 2 per cent target for the first time in nearly four years, data showed on Tuesday, complicating its efforts to justify further interest rate hikes.Analysts expect core inflation ...

15 hours ago

Strategy seeks US$42 billion to accelerate Bitcoin buying

The company now holds more than 762,000 Bitcoin, valued at roughly US$54 billion

16 hours ago

Trump began Iran talks as allies warned war risked disaster

BeBartenstein, Fiona MacDonald, Sam Dagher and Mirette Magdy / Bloomberg - Donald Trump’s decision to back down from his threat to destroy Iran’s power infrastructure came after US allies and Gulf countries privately warned the president of the dangers of following through with his threat, according to people familiar with the matter. The US president said Monday he wa ...