17 hours ago
Water filter firm AOX rapped for misusing consumer watchdog’s logo
AOX had claimed that the Competition and Consumer Commission of Singapore verified its product-related findings.
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
17 hours ago
Yangzijiang Shipbuilding bags US$980 million in vessel contracts in Q1
Paige Lim - The group’s outstanding order book stands at about US$22.8 billion
17 hours ago
Ping An bets on AI to add US$174 billion to underperforming stock
A gateway linking 500 banking, insurance, and healthcare services sits at the core of the plan
18 hours ago
DBS’ Tan Su Shan flags second-order risks from Middle East conflict despite limited exposure
Renald Yeo - Automotives, shipping and small businesses in focus as the lender tracks knock-on effects from prolonged tensions
18 hours ago
Malaysia’s Petronas Chemicals tops Asia stocks with 102% rally
Malaysian stocks stand out this month amid the Iran war, helped by the country’s status as a net energy exporter
18 hours ago
SIA extends Dubai flight suspensions to end-May on geopolitical woes
Shikhar Gupta - The flag carrier warns that other flights could also be affected
18 hours ago
SIA extends Dubai flight suspensions to end-May
Shikhar Gupta - The flag carrier warns that other flights could also be affected
18 hours ago
Indonesia's Pertamina will not increase fuel prices on April 1
The decision was taken after considering the interests of the people
18 hours ago
South Korea hit by steepest stocks sell-off since 2008, currency tumbles
Foreigners sell a net 35.9 trillion won in Kospi shares this month
19 hours ago
Some Singtel customers to get S$5 or S$10 'goodwill rebate' over recent network disruption
This comes after four incidents in the last month where Singtel users experienced network disruptions.
19 hours ago
BlackRock to launch quant fund trading Singapore stocks
The actively managed fund, with at least S$500 million in assets, will allocate 50% or more to Singapore at the start
19 hours ago
Exclusive-Eutelsat in talks with India's space agency to boost satellite launch options
PARIS, March 31 : Eutelsat, Europe's main rival to Elon Musk's satellite internet provider Starlink, is in talks with India's space agency about future satellite launches as it seeks to diversify beyond SpaceX and Europe's Ariane rockets.Jean-François Fallacher, CEO of France-ba ...
19 hours ago
With Iran war’s cost impact just beginning, Singapore must take energy saving seriously
Janice Heng - Energy authority’s warning should prompt behavioural change, not merely calls for support
19 hours ago
Hegseth says coming days will be decisive for Iran, Teheran threatens US businesses in region
Revolutionary Guards warns of strikes on 18 US firms, including Microsoft, Google and Apple, starting Wednesday
19 hours ago
Indonesia to limit fuel sales to counter Iran war impact
20 hours ago
Large 5.74ha Bayshore Drive mixed-use GLS site could draw $2 bil top bid: analysts
Jovi Ho - The large, 5.74ha Government Land Sales (GLS) plot at Bayshore Drive could draw up to six bids from developer consortiums, with the top bid expected to set a potential record of around $2 billion, according to analysts. The Urban Redevelopment Authority (URA) launched the tender for the Bayshore Dri ...
20 hours ago
Helium stocks of South Korea's chipmakers to last until June, sources say
SEOUL, March 31 : South Korea has sufficient helium stocks until at least June, two sources said, while the industry minister ruled out any first-half supply disruptions, allaying worries over the Iran war's impact on supplies of the gas crucial for chipmaking. Prices of helium, a by-product of ...
20 hours ago
Oil could spike to US$200 if Hormuz remains shut: energy consultancy
Every week, 100 million barrels of oil is not going through, and every month, 400 million barrels are not going through
20 hours ago
Oil could spike to US$200 if Hormuz remains shut, Fesharaki warns
Every week, 100 million barrels of oil is not going through, and every month, 400 million barrels are not going through
20 hours ago
Samsung Electronics to cancel $9.55 billion worth of treasury shares
SEOUL, March 31 : Samsung Electronics plans to cancel treasury shares on Thursday to boost shareholder value, a regulatory filing on showed Tuesday, in a deal worth about 14.6 trillion won ($9.55 billion) based on the shares' Monday closing price.Based on the shares' book value, the planne ...
20 hours ago
Pricier fuel hits Tokyo cherry blossom river cruises
TOKYO, March 31 : A few dozen tourists hopped onto a small cruise boat in Tokyo to admire the cherry blossoms lining the Meguro River - a seasonal attraction that could soon become costlier for passengers and operators alike.The pink and white flowers that blossom in spring on cherry trees across Ja ...
20 hours ago
Nebius furthers European expansion with $10 billion AI data centre in Finland
HELSINKI, March 31 : AI infrastructure firm Nebius Group on Tuesday said it was continuing its rapid European expansion with a 310-megawatt data centre in Finland, which would be one of the continent's largest with an estimated value of more than $10 billion as demand for AI computing grows.The ...
20 hours ago
Logistics giant Katoen Natie to invest S$60 million in new Jurong Island facility
Sharanya Pillai - The company is investing an additional S$3.1 million in a fully automated storage and retrieval system
20 hours ago
Exclusive-Vingroup proposes scrapping LNG-powered plant plan for renewables amid Iran war, document shows
HANOI, March 31 : Vingroup has told Vietnam's government it wants to ditch a plan to build the country's largest LNG-fired power plant and embark on a renewable energy project instead, as the Iran war has boosted the risk of the fuel becoming too expensive, a document showed.The March 25 d ...
21 hours ago
Japan Post Insurance to acquire 2.9% stake in Britain's Ashmore Group
March 31 : British wealth manager Ashmore said on Tuesday that Japan Post Insurance (JPI) had agreed to acquire up to a 2.9 per cent stake in the company and also invest $1 billion in Ashmore-managed emerging market funds."Emerging markets represent a strategically important and growing asset c ...
21 hours ago
Big Tech's $635 billion AI spending faces energy shock test, S&P Global says
TOKYO, March 31 : Massive investments in artificial intelligence that underpinned record runs in equities face a major hurdle as the Middle East crisis clouds prospects for growth and energy costs, said Melissa Otto, head of research at S&P Global Visible Alpha.Before the Iran war broke out, tec ...
21 hours ago
HSBC upgrades Singapore equities outlook to overweight
Kwan Wei Kevin Tan - HSBC’s head of Asia equity strategy, Herald van der Linde, has upgraded his outlook on Singapore equities to overweight from neutral. Van der Linde’s assessment of the Singapore market was published in a report he co-wrote with HSBC analysts Prerna Garg, Adam Qi, and Varun Pai on March 31. Title ...
21 hours ago
Raspberry Pi earnings beat expectations on demand and higher prices
LONDON, March 31 : Single-board computing company Raspberry Pi reported a better-than-expected 25 per cent rise in annual earnings, helped by strengthening demand and price increases linked to higher memory chip costs, sending its shares up 26 per cent on Tuesday.The British company shipped 4 millio ...
21 hours ago
Raspberry Pi reports better-than-expected 25% rise in full-year earnings
LONDON, March 31 : Single-board computing company Raspberry Pi reported a better-than-expected 25 per cent rise in annual adjusted core earnings to $46.4 million on Tuesday, helped by strengthening demand and favourable unit economics in the second half.The British company shipped 4 million units in ...
21 hours ago
Central Hong Kong office market’s recovery is uneven among submarkets: DBS
Gerine Tang Yi Qian - After years of falling rents and rising vacancies, Central — Hong Kong’s core business district — is showing signs of stabilisation. The rebound is being driven by renewed capital markets activities and fresh demand from financial institutions, according to a March 19 report by DBS Group Resea ...
21 hours ago
IMDA Issues Letters of Caution to X and TikTok for CSEM and terrorism
The Edge Singapore - The Infocomm Media Development Authority (IMDA) has issued Letters of Caution to X and TikTok for serious weaknesses in their measures to proactively detect and remove child sexual exploitation and abuse material (CSEM) and terrorism content respectively. They have also been placed under Enhanced Su ...
22 hours ago
Over one million Singaporean households to get utility, service and conservancy rebates in April
[SINGAPORE] More than one million Singaporean households in HDB flats will receive rebates on their utility and conservancy bills in April, as...
22 hours ago
Over 1 million Singaporean households to get utility, service and conservancy rebates in April
[SINGAPORE] More than 1 million Singaporean households in HDB flats will receive rebates on their utility and conservancy bills in April, as...
22 hours ago
Microsoft plans US$1 billion investment in Thailand, Thai government says
[BANGKOK] Microsoft plans to invest US$1 billion in Thailand over the next two years in cloud services and AI infrastructure, the Thai...