21 hours ago
South Korea’s president says country must balance risk as Hormuz disruptions threaten oil supplies
South Korean authorities have been consulting with other oil-producing countries to secure alternative routes
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
21 hours ago
Oiltek to co-develop US$350 million sustainable aviation fuel facility in Sabah
Shikhar Gupta - It is partnering Brunei-based renewable fuel company BioSeaga Industries
21 hours ago
Qatar’s LNG tankers idle across Asia as export plant stays shut
At present, there are more than 800 LNG tankers in operation worldwide
21 hours ago
High per square foot prices of new condos could be increasingly irrelevant to buyers
Leslie Yee - Purchasers focus on finding the right home at an acceptable absolute quantum
21 hours ago
AirAsia X to raise fares, trim capacity amid rising oil prices
KUALA LUMPUR, April 6 : Budget carrier AirAsia X said on Monday it will need to raise fares and cut some flights in places where it can no longer cover fuel costs, with oil prices surging due to the conflict in the Middle East. AirAsia X co-founder Tony Fernandes told a press conference that demand ...
21 hours ago
AirAsia X to raise fares, cut capacity over Middle East war
KUALA LUMPUR: Budget carrier AirAsia X said on Monday (Apr 6) it will need to raise fares and cut some flights in places where it can no longer cover fuel costs, with oil prices surging due to the confli
21 hours ago
AirAsia X committed to opening Bahrain hub despite Middle East conflict
KUALA LUMPUR: Budget carrier AirAsia X said on Monday (Apr 6) that it remained set on opening a planned hub in Bahrain in June, though the airline's chief executive was non-committal on whether the plans would go ahead if
22 hours ago
Stocks rise, oil pares gain after report of ceasefire talks between US, Iran
STOCKS rose and crude oil pared gains on Monday (Apr 6) as investors cautiously returned to equities, encouraged by indications the Iran-US...
22 hours ago
Asian stocks rise, oil pares gain after report of ceasefire talks between US, Iran
EQUITIES extended their gains as dip buyers emerged on optimism that Iran and the US may be able to prevent further escalation...
22 hours ago
Travellers flying out of Singapore allowed only 2 power banks from Apr 15; extras to be discarded
SIA and Scoot passengers have not been allowed to use or charge such devices in flight since 2025
22 hours ago
Travellers flying out of Singapore allowed only 2 power banks from April 15; extras to be discarded
Since Apr 1, 2025, SIA and its low-cost arm Scoot have prohibited passengers from using or charging power banks in-flight
22 hours ago
Asia markets brace for Trump’s promised assault on Iranian infrastructure
[SINGAPORE] Oil prices rose, bonds fell and stocks were mixed at the start of trading in Asia on Monday as US President...
22 hours ago
Iraq urges customers to send oil loading plans after Hormuz exemption, document shows
Somo has asked its customers to submit crude oil lifting schedules within 24 hours
23 hours ago
Asean+3 bloc to grow 4% in 2026 and 2027 despite external challenges: Amro
Lionel Lim - The region has buffers to help deal with energy price hikes stemming from the Iran conflict
23 hours ago
Asean+3 bloc to grow 4% in 2026 and 2027 despite external challenges: Amro forecast
Lionel Lim - The region has buffers to help deal with energy price hikes stemming from the Iran conflict
23 hours ago
Amro forecasts Asean+3 bloc to grow 4% in 2026 and 2027
Lionel Lim - The region has buffers to help deal with energy price hikes stemming from the Iran conflict
23 hours ago
Loh of UOBKH raises target price for YZJ to $4.75 following US$825.7 mil Seaspan stake
The Edge Singapore - Adrian Loh of UOB Kay Hian has slightly raised his target price for Yangzijiang Shipbuilding from $4.60 to $4.75 after the company announced additional order wins, plus to reflect potential higher earnings from a planned investment in a customer. On March 31, YZJ announced that it had won orders for ...
23 hours ago
Markets on edge as Trump threatens strikes on Iranian infrastructure
US President Donald Trump's threats to destroy civilian infrastructure in Iran if the Strait of Hormuz is not open by Tuesday have put traders on edge for reciprocal attacks by Tehran.
23 hours ago
Asia markets brace for Trump's promised assault on Iranian infrastructure
SINGAPORE: Oil prices rose, bonds fell and stocks were mixed at the start of trading in Asia on Monday (Apr 6) as US President Donald Trump vowed "hell" if Tehran does not meet his deadline to reopen the Strait of Hormuz.Trump's
23 hours ago
Paramount in talks for Gulf backing in Warner takeover: WSJ
The Gulf backers will not have voting rights in the new Paramount-Warner entity
23 hours ago
Paramount in talks for Gulf backing in Warner takeover, WSJ reports
The Gulf backers will not have voting rights in the new Paramount-Warner entity
24 hours ago
How one factory in China learned to live with Trump, US tariffs and turmoil
Economists and industry executives expect the US president’s visit to extend a detente between the two rivals
24 hours ago
How one factory in China learned to live with Trump, tariffs and turmoil
Economists and industry executives expect the US president’s visit to extend a detente between the two rivals
1 day ago
US inflation seen spiking in first snapshot since Iran war
Oil prices have climbed to almost US$120 a barrel last month
1 day ago
JP Morgan downgrades OCBC, lowers DBS’s price target and raises SGX’s price target
The Edge Singapore - JP Morgan has downgraded five financial services stocks while upgrading two stocks over the weekend. Of these, only one downgrade is listed on the Singapore Exchange. Oversea-Chinese Banking Corp’s share price has run up, and hence warrants a downgrade according to JP Morgan. The US bank has also ...
1 day ago
Olam to sell IT services unit to Wipro for US$375 mil
The Edge Singapore - Agri-food player Olam Group is selling its IT services unit Mindsprint to Wipro for US$375 million, as part of its ongoing re-organisation bid. Upon completion of the sale, Olam will recognise a gain of around US$310.5 million. As part of the deal, Wipro will provide an eight-year service contract t ...
1 day ago
Stocks to watch: Olam Group, Geo Energy Resources
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 6):
1 day ago
Olam selling IT and digital services unit Mindsprint to Wipro for US$375 million
Shikhar Gupta - The agri-food giant will also spend US$100 million annually with the global tech company for eight years
1 day ago
Indian bank stocks’ US$95 billion rout may deepen on macro risks
At stake is the outlook for India’s US$4.5 trillion stock market, given banks account for nearly a third of the benchmark index
1 day ago
Oil rises on new deadline as Trump raises the stakes over Hormuz
Control of Hormuz remains central to the conflict
1 day ago
Oil gains as Trump sets new ultimatum and escalates Iran threats
Control of Hormuz remains central to the conflict
1 day ago
Oiltek secures US$350 mil contract to build sustainable aviation fuel plant in Sabah; shares up more than 20%
The Edge Singapore - Oiltek International has entered into a heads of agreement with Brunei-based Bioseaga Industries to build a US$350 million sustainable aviation fuel plant in Sabah. For context, Oiltek's entire order book as disclosed on Feb 23 was just RM350 million. In addition, Oiltek will be the exclusive c ...
1 day ago
Oiltek secures US$350 mil contract to build sustainable aviation fuel plant in Sabah
The Edge Singapore - Oiltek International has entered into a heads of agreement with Brunei-based Bioseaga Industries to build a US$350 million sustainable aviation fuel plant in Sabah. For context, Oiltek's entire order book as disclosed on Feb 23 was just RM350 million. In addition, Oiltek will be the exclusive c ...
1 day ago
SpaceX’s IPO may hold lessons for Singapore
Ben Paul - When companies go public, their founders and managers should communicate a big vision rather than a plan to just deliver incremental gains