15 hours ago
Trump floats seizing Iran oil as he weighs Chinese leverage play
The US president’s geopolitical moves are already affecting China
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
15 hours ago
One of seven stranded Malaysian vessels sails through Hormuz
The effective closure of the strait has roiled markets and triggered a broad energy crisis
15 hours ago
Indonesia’s central bank intervenes in FX market after the rupiah hits a record low
[JAKARTA] Bank Indonesia (BI) has intervened to maintain the rupiah’s stability and avoid excessive volatility after the currency hit a record low...
15 hours ago
Goldman warns on copper as Iran war threatens global economy
Most base metals have come under growing pressure in the past month
16 hours ago
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Tan Ai Leng - Corporate control allegations involving anti-graft buster, powerful businessmen testing governance credibility
16 hours ago
Singapore’s workforce shows gains in resilience, slips in engagement: reports
Nurdianah Md Nur - Despite getting better at handling pressure, Singapore’s workforce is becoming less motivated. According to Intellect's Workplace Wellbeing 360 Report 2026, employees in the city-state recorded a 10.4 percentage-point improvement in stress management over the past year. Productivity edged up ...
16 hours ago
Apple’s foldable iPhone encounters engineering snags, faces potential shipment delays: Nikkei Asia
APPLE has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its...
16 hours ago
AirTrunk hires banks for Singapore IPO that could raise over US$1 billion: sources
The company is backed by US-based investment firm Blackstone
16 hours ago
Sunway fails in bid to take over IJM
John Lai The Edge Malaysia atSunw theedgemalaysia.com - Sunway Bhd’s bid to take over IJM Corp Bhd has failed, after it failed to meet the conditional requirement of securing an over 50% stake in the latter. As at 5pm on April 6, the closing date of the offer, Sunway had received acceptances amounting to only 33.43%. In a statement on Monday, Maybank I ...
17 hours ago
Indonesia's central bank says intervenes in FX market after the rupiah hits a record low
JAKARTA, April 7 : Bank Indonesia has intervened to maintain rupiah stability in spot and non-deliverable forwards markets after the currency hit a record low against the dollar, senior deputy governor Destry Damayanti told Reuters on Tuesday.The rupiah weakened by as much as 0.35 per cent to 17,090 ...
17 hours ago
Indonesia's central bank intervenes in FX market after the rupiah hits a record low
JAKARTA, April 7 : Bank Indonesia (BI) has intervened to maintain the rupiah's stability and avoid excessive volatility after the currency hit a record low against the dollar, Senior Deputy Governor Destry Damayanti told Reuters on Tuesday."Stabilising rupiah is certainly a top priority fo ...
17 hours ago
Climate risks, great power rivalry the top concerns for South-east Asian nations: survey
Lionel Lim - Countries are finding it increasingly difficult to balance between the US and China
17 hours ago
Apple's foldable iPhone faces engineering snags, potential shipment delays, Nikkei Asia reports
17 hours ago
Apple's foldable iPhone encounters engineering snags, faces potential shipment delays, Nikkei Asia reports
April 6 : Apple has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its mass production and product shipment schedule, Nikkei Asia reported on Monday, citing sources. Reuters could not immediately verify the report. Issues surround ...
18 hours ago
CGSI, DBS, maintain respective bullish target prices for Nam Cheong following latest RM102.5 mil charter contracts
The Edge Singapore - Ho Pei Hwa of DBS Group Research has kept her "buy" call and $1.60 target price on Nam Cheong after it won two charter contracts worth RM102.5 million, which enhances revenue visibility and recurring income for the company. The two vessels, leased by different customers, are to both suppor ...
18 hours ago
DBS maintains 'buy' and $1.60 target price for Nam Cheong following latest RM102.5 mil charter contracts
The Edge Singapore - Ho Pei Hwa of DBS Group Research has kept her "buy" call and $1.60 target price on Nam Cheong after it won two charter contracts worth RM102.5 million, which enhances revenue visibility and recurring income for the company. The two vessels, leased by different customers, are to both suppor ...
18 hours ago
SpaceX lays out IPO details, targets early June roadshow: sources
[NEW YORK] SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them...
18 hours ago
Thai energy company Banpu plans US$1.5 billion US power investment on data centre boom
The company has one business focusing strictly on coal, and a more general power operation that includes coal, gas and renewable energy
19 hours ago
UOBKH's Mo raises Oiltek's target price to $2.78 following Sabah plant win
The Edge Singapore - Heidi Mo of UOB Kay Hian has raised her target price for Oiltek International to $1.05 from $2.78, after the company won a US$350 million deal to build a sustainable aviation fuel facility in Sabah, bringing its total order book to RM1.8 billion. The contract was given by Brunei's Bioseaga Indu ...
19 hours ago
Brazilian government blacklists Chinese automaker BYD for labor violations
RIO DE JANEIRO, April 6 : Brazil's Labor Ministry has put Chinese automaker BYD on its registry of employers who have subjected workers to conditions similar to slavery, according to an official document seen by Reuters on Monday.The document shows the world's largest electric vehicle make ...
19 hours ago
Brazil puts China's BYD on list of shame for workers' past slavery-like conditions
RIO DE JANEIRO: Brazil has put China's BYD on a registry of employers who have subjected workers to conditions similar to slavery, after a 2024 scandal in which Chinese workers were said to have been victims of human trafficking and abusive contracts.The list, published by Brazil's Labor M ...
19 hours ago
Brazilian government blacklists Chinese automaker BYD for labour violations
RIO DE JANEIRO: Brazil's Labor Ministry has put Chinese automaker BYD on its registry of employers who have subjected workers to conditions similar to slavery, according to an official document seen by Reuters on Monday (Apr 6).The document shows the world's largest electric vehicle maker ...
19 hours ago
Gold steadies as traders weigh Trump’s deadline to strike Iran
Now in its sixth week, the war has heightened the prospects that central banks will delay cutting interest rates or even hike...
19 hours ago
DBS raises target price for Bumitama Agri to $2.30
The Edge Singapore - William Simadiputra of DBS Group Research has raised his target price for Bumitama Agri from $1.90 to $2.30, on expectations of better earnings this year from steady palm oil prices and a bigger production volume. In his April 7 note, Simadiputra, who has kept his "buy" call, points out th ...
19 hours ago
India’s refiners delay maintenance to stabilise fuel supplies
The government has invoked emergency measures, directing refiners to maximise LPG output for safeguarding cooking fuel supplies for households
19 hours ago
Keppel Infrastructure Trust appoints Khor Poh Hwa as new chairman
Deon Loke - He previously served as the trustee-manager’s first chairman from 2010 to 2015
19 hours ago
Stocks to watch: SIA, Keppel Infrastructure Trust, Nam Cheong, Prime US Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 7):
19 hours ago
Asian coal bonds beat peers as Iran war triggers energy rethink
A benchmark for coal prices in Asia is hovering near a 17-month high
20 hours ago
Broadcom signs long-term deal to develop Google’s custom AI chips
Demand for custom chips has surged in recent years
20 hours ago
OpenAI, Anthropic, Google unite to combat model copying in China
Trump administration officials have signalled their openness to fostering information sharing among AI companies to rein in adversarial distillation
20 hours ago
Japan February household spending falls 1.8% year-on-year
TOKYO, April 7 : Japanese household spending in February fell 1.8 per cent from a year earlier, internal affairs ministry data showed on Tuesday, versus the median market forecast for a 0.7 per cent fall.On a seasonally adjusted, month-on-month basis, spending increased 1.5 per cent, less than an es ...
20 hours ago
Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices
The company will release details of its first-quarter earnings on April 30
20 hours ago
Samsung flags eight-fold jump in Q1 profit as AI chip demand drives up prices
[SEOUL] Samsung Electronics on Tuesday projected a record-high first-quarter operating profit from a year earlier, beating expectations as booming demand for artificial...
20 hours ago
Air India CEO Campbell Wilson resigns amid losses and regulatory scrutiny: source
The airline has lost money since being bought by Tata Group in 2022