18 hours ago
Ship insurers cancel war risk cover due to Iran conflict
Several tanker owners, oil majors and trading houses have since suspended shipments through the narrow waterway
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
18 hours ago
Budget 2026: New consolidated Edge grant to streamline funding application process for SMEs
Paige Lim - Existing support schemes will also be enhanced to help more Singapore businesses capture overseas and domestic growth
19 hours ago
Toku reports higher FY2025 losses driven by IPO costs, sees commercial momentum ahead
Benjamin Cher - Leading indicators point to its engine being ‘strong’, says CEO
19 hours ago
Toku reports higher FY2025 losses driven by IPO costs; highlights commercial momentum going forward
Benjamin Cher - Leading indicators point to its engine being ‘strong’, says CEO
19 hours ago
Jack Dorsey’s 4,000 job cuts at block arouse suspicions of AI-washing
The company’s recent history suggests that AI adoption is not the only factor influencing its staffing decisions
19 hours ago
Toyota bumps offer for supplier to $30 billion, in a victory for activist fund Elliott
TOKYO, March 2 : Toyota bumped its offer price for supplier Toyota Industries on Monday, valuing the bid at $30 billion and ending a months-long battle with activist fund Elliott Investment Management, which had pushed for a higher price.Elliott said it had agreed to tender its shares in the forklif ...
19 hours ago
Elliott agrees to Toyota's increased $30 billion tender offer for Toyota Industries
TOKYO, March 2 : Elliott Investment Management has agreed to tender its shares in forklift maker Toyota Industries after Toyota bumped its take-private bid to 20,600 yen ($132), valuing the offer at $30 billion and ending a months-long tug-of-war over the price.In a statement on Monday, Elliott said ...
19 hours ago
Toyota plans to hike offer price for group firm TICO, extend deadline again
TOKYO, March 2 : Toyota plans to raise its tender offer price for group firm Toyota Industries, or TICO, to 20,600 yen ($132) per share under certain conditions and extend the deadline again for the offer to March 16, a filing showed on Monday.The Japanese automaker had previously offered 18,800 yen ...
19 hours ago
Asian airline shares fall as US-Iran conflict disrupts travel
SYDNEY: Airline shares plunged on Monday (Mar 2), with Hong Kong's Cathay Pacific, Australia's Qantas Airways, Singapore Airlines and Japan Airlines down more than 5 per cent after the US and Isr
20 hours ago
Geely extends lead over BYD with biggest sales gap since 2022
Carmakers are rolling out ultra-long-term financing programmes
20 hours ago
Blackstone’s CEO took home a near-record US$1.24 billion in 2025
The payday underscores how the biggest alternative asset managers have insulated themselves from a rough spell in private equity
21 hours ago
Travel chaos worsens as Iran conflict shuts key Middle East airports
The extensive suspension of all air services will severely disrupt the finely-tuned choreography of global aircraft movements
21 hours ago
DBS cuts AvePoint TP to $20 on SaaS de-rating
Nurdianah Md Nur - DBS Group Research has maintained its “buy” call on AvePoint with a lower target price (TP) of $20, down from $28, to reflect the broader de-rating of software-as-a-service (SaaS) peers. Analyst Sachin Mittal says the reduced target price is based on seven times 12-month forward EV/Sales. Despit ...
21 hours ago
Australia stock exchange hunts for new chief as lawsuit, regulatory lapses loom
SYDNEY, March 2 : As a change of guard looms over the embattled Australian stock exchange, the new chief's debut will be anything but smooth with a lawsuit linked to revamping a trade settlement system and a number of regulatory issues clouding its outlook. Last month, ASX Chief Executive Helen ...
21 hours ago
China’s five-year plan to target fixes to commodities supply
Beijing wants to strengthen resilience in some areas and ease cutthroat competition in others
21 hours ago
Toku’s CEO shrugs off AI fears after tech sell-off
Kwan Wei Kevin Tan - Toku (SGX: TKU ) founder and CEO Thomas Laboulle says he is not too worried by the tech sell-off that swept markets last week. Tech and software companies such as IBM and DocuSign took a hit to their stock price last week following the release of a bearish report on AI’s risks by Citrini Research, ...
21 hours ago
Cyber extortion shifts to data theft as CISOs face rising personal liability: reports
Nurdianah Md Nur - The job of defending corporate networks is getting harder and more personal. Cyber attackers are abandoning the noisy tactics that once dominated breach headlines and shifting toward quieter, faster forms of extortion. At the same time, the chief information security officers (CISOs) responsible for ...
21 hours ago
Budget 2026: New Bill to be tabled in 2026 to strengthen court powers in civil debt enforcement
Tessa Oh - New legislation aims to create a new class of officers to help parties recover what they are owed
21 hours ago
Bank of Japan deputy governor says rate hikes likely to continue
[TOKYO] Bank of Japan Deputy Governor Ryozo Himino said on Monday the central bank is expected to gradually shift to a more...
21 hours ago
Reits that don’t trade well should be privatised, or sell assets and be liquidated
Leslie Yee - Post selling One Raffles Place, OUE Reit should be privatised or divest the rest of its properties
22 hours ago
Japan faces growth risks, slower BOJ rate hikes from Iran conflict
TOKYO, March 2 : Japan faces risks of low growth and high inflation if a prolonged Middle East conflict keeps oil prices elevated and hits the import-reliant economy, analysts say, complicating the central bank's efforts to push up still-low interest rates.Oil prices jumped 7 per cent to their ...
22 hours ago
‘I have to buy her gold’: Behind India’s fixation with the precious metal
As gold prices have risen and fallen in the past few weeks, Indians have adjusted, but gold buying has not stopped
23 hours ago
Intermediaries see shift to fixed income ahead of rate cuts, eye new markets for growth: BOS survey
Renald Yeo - Alternative investments and exchange-traded funds are also expected to see more demand
23 hours ago
SIA falls 4.7% after cancelling flights due to US-Israel strikes on Iran; Sats down 5.9%
Therese Soh - 26 SIA and Scoot flights between Feb 28 and Mar 7 have been called off since the conflict began
23 hours ago
SIA falls 7.5% after cancelling flights due to US-Israel strikes on Iran; Sats down 6.4%
Therese Soh - 26 SIA and Scoot flights between Feb 28 and Mar 7 cancelled after conflict began
23 hours ago
SIA falls 6% after flight cancellations following US-Israel strikes on Iran; Sats down 5.6%
Therese Soh - 26 SIA and Scoot flights between Feb 28 and Mar 7 cancelled after the US and Israel launched strikes on Iran
23 hours ago
China’s Honor shows humanoid and robot phone demo in AI pivot
The company and its Chinese peers are expected to look for ways to push consumers towards more expensive, premium devices as one...
24 hours ago
AI disruption looms over markets with US jobs data on tap
NEW YORK, Feb 27 : Prospects for artificial intelligence to disrupt business sectors should keep the U.S. stock market on edge in the coming week, as Wall Street looks for more insight into how the emerging technology will reverberate through the economy.The monthly U.S. jobs report headlines econom ...
24 hours ago
Analysts warn of high uncertainty, inflation risks pressuring rate decisions after Iran conflict
Chloe Lim - The impact depends on how the conflict plays out as well as whether markets have accumulated enough fundamental strength, say analysts
24 hours ago
STI, key Asian markets tumble after strikes on Iran; bank stocks drop, energy names surge
Chloe Lim - Iran is preparing for a ‘crushing retaliation’, according to a Reuters report on Saturday, such that reconciliation with the West is not...
24 hours ago
STI, key Asian markets down at midday after strikes on Iran; bank stocks trend lower, energy names surge
Chloe Lim - Iran is preparing for a ‘crushing retaliation’, according to a Reuters report on Saturday, such that reconciliation with the West is not...
24 hours ago
STI, key Asian markets tumble after strikes on Iran; bank stocks down, energy names surge
Chloe Lim - Iran is preparing for a ‘crushing retaliation’, according to a Reuters report on Saturday, such that reconciliation with the West is not...
24 hours ago
STI, key Asian markets tumble after US-Israel strikes on Iran; with bank stocks, SIA down
Chloe Lim - Iran is preparing for a ‘crushing retaliation’, according to a Reuters report on Saturday, such that reconciliation with the West is not...
24 hours ago
Asian markets open lower after US-Israel strikes on Iran; spot gold rises by 1.7%
Chloe Lim - Iran is preparing for a “crushing retaliation”, according to a Reuters report on Saturday, such that reconciliation with the West is not...