20 hours ago
Stocks to watch: Keppel, Shangri-La Asia, GuocoLand, Aoxin Q&M Dental Group
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27):
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 hours ago
Stocks to watch: Keppel, Shangri-La Asia, GuocoLand
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27):
21 hours ago
US Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook
FEDERAL Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained,...
21 hours ago
From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
Asia relies more heavily on crude oil, gas, fuel and fertiliser from the Middle East than other parts of the world
21 hours ago
Nasdaq confirms correction, bond prices fall as Iran crisis pushes oil to $108
NEW YORK/LONDON, March 26 : Stock indexes fell sharply on Thursday, with the Nasdaq dropping more than 2 per cent to confirm a correction, and Brent oil jumped to more than $105 a barrel as hopes diminished for a quick resolution to the nearly one-month-old Middle East war.U.S. President Donald T ...
21 hours ago
Apple gives iPhone designers rare bonuses to fight AI firm poaching
Employees see the pay bumps as a direct response to a recent uptick in recruiting from startups
21 hours ago
Union Square Residences promises prestige and practicality in prime District 1 address
City & Country - In a few years, a world-class enclave in the prime District 1 will welcome residents and professionals to an exciting mixed-use development — one that promises a new way to live, work and play in one of Singapore’s most-coveted districts. Located in the heart of the charming Singapore River prec ...
21 hours ago
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Evan See - As airlines shun the Gulf region, key airports in South-east Asia could also capture more transit traffic, say analysts
21 hours ago
Aoxin Q&M Dental Group to acquire dental group in China for RMB150 mil
The Edge Singapore - Aoxin Q&M Dental Group plans to acquire a China-based dental group for RMB150 million, as part of its parent company Q&M Dental Group's expansion spree via acquisitions. The target, which is not named, operates around 30 clinics in central region, manned by 80 dentists. Aoxin is current ...
21 hours ago
US Fed’s Miran lays out path to shrink central bank balance sheet further
A smaller balance sheet would also allow for interest rates to be lower, he argued
22 hours ago
Bessent says Hormuz ships insurance programme to start soon
The Trump administration has already taken action to blunt prices and address some concerns about oil supply
22 hours ago
Meta shares drop on fears US verdicts open door to deluge of lawsuits
Its shares were trading near 10-month lows
22 hours ago
OpenAI's US ad pilot exceeds $100 million in annualized revenue in six weeks
March 26 : OpenAI's ChatGPT ads pilot in the United States has crossed the $100 million annualized revenue mark within six weeks of launch, a company spokesperson said on Thursday, pointing to robust early demand for the AI startup's nascent advertising business.Sam Altman-led OpenAI had s ...
22 hours ago
US stocks: Wall Street slumps as Middle East uncertainty spooks investors
WALL Street’s main indexes fell sharply on Thursday and the Nasdaq confirmed a correction as investors worried about escalation in the US-Israeli...
22 hours ago
T-Rex files for leveraged SpaceX, Anthropic ETFs ahead of anticipated IPOs
PROVIDENCE, Rhode Island, March 26 : REX Shares and Tuttle Capital Management plan to launch 2x leveraged exchange-traded funds tied to yet-to-be-issued publicly traded common stock of SpaceX and Anthropic, according to regulatory filings, as the two firms try to piggyback on what are expected to be ...
22 hours ago
Nasdaq Composite confirms correction amid war uncertainty; worries about tech stocks in focus
Investors are wondering whether the downturn is a temporary dip or not
22 hours ago
Nasdaq Composite confirms correction as war worries weigh
Investors are wondering whether the downturn is a temporary dip or not
22 hours ago
Trump extends pause on strikes against Iran’s energy sites to April 6
The US president has faced questions on the duration of the war effort
22 hours ago
Trump extends energy-attack ceasefire, claiming Iran request
The US president has faced questions on the duration of the war effort
22 hours ago
Oil settles up nearly 6% as investors fear further Middle East escalation
Trading volume for the front-month Brent contract was the lowest since Feb 27
22 hours ago
Commentary: Gold is seen as a ‘safe haven’ in uncertain times. Why is it crashing amid a war?
Over the past few months of geopolitical chaos and market panic, gold has moved more like a roller coaster than a steady ship at anchor, says a finance professor.
22 hours ago
European shares snap win streak as Middle East conflict fans inflation worries
EUROPEAN shares ended a three-day winning streak on Thursday as hopes of an imminent de-escalation in the Middle East conflict faded, prompting...
23 hours ago
Netflix raises subscription prices across all plans in US
March 26 : Netflix has increased prices on all its plans in the U.S., as the streaming giant pushes into new programming formats such as video podcasts and live sporting events.The company's ad-supported tier will now cost $8.99 a month, compared with $7.99 earlier, while prices for its standar ...
24 hours ago
EU reaches deal to fine online platforms importing products deemed unsafe
PARIS, March 26 : The European Union has reached an informal agreement to fine online platforms importing unsafe products, in a move which it said was aimed at tackling cheap and possibly unsafe Chinese goods entering the EU via platforms such as Temu and Shein.The European Parliament and EU Council ...
1 day ago
New Mexico lays out options to force changes at Meta after court win
NEW YORK, March 26 - Talk about regulating social media to make it safer for children often gravitates around the U.S. Capitol and the EU headquarters in Brussels. But following a New Mexico jury verdict, a district court in Santa Fe carries some heft, too.On Tuesday, a jury found Meta liable for vi ...
1 day ago
Stressed US grid forcing data centers to get more flexible
NEW YORK, March 26 : The U.S. technology industry is being pushed to shrink its power use in times of high demand, amid growing public concern that Big Tech's massive electricity needs for its expansion of data centers are maxing out the country's grid.The power industry and its regulators ...
1 day ago
Meta boosts Texas AI data center investment to $10 billion
March 26 : Meta said on Thursday it is increasing investment in its El Paso, Texas AI data center to $10 billion, a more than sixfold jump, as it aims to hit 1-gigawatt capacity ahead of the facility's projected opening in 2028.The social media giant in October had committed an investment of $1 ...
1 day ago
Apple plans to open Siri to rival AI services, Bloomberg News reports
March 26 : Apple plans to open its Siri voice assistant to rival artificial intelligence services beyond its current partnership with ChatGPT, Bloomberg News reported on Thursday, citing people familiar with the matter.The move, expected as part of Apple's iOS 27 update, would allow third-party ...
1 day ago
When a sperm whale gives birth, the mother gets help from her friends
March 26 : When a mother sperm whale gives birth, it is a remarkable team effort. Marine biologists have documented how multiple adult female sperm whales surrounded the mother as the whale gave birth, then collectively hoisted the calf out of the water as the newborn took its first breaths.With obs ...
1 day ago
Microsoft freezes hiring in major cloud, sales groups, The Information reports
March 26 : Microsoft executives have in recent weeks told managers at major divisions, including its cloud unit and North American sales groups, to suspend new hiring, The Information reported on Thursday, citing three employees with direct knowledge of the decision.
1 day ago
Analysis:Trump officials tout US energy dominance as global oil execs warn of supply crisis
HOUSTON, March 26 : U.S. officials this week said the historic spike in fuel prices during the war in Iran will be short-term and trumpeted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle East and Europe bemoaned the worst oil and ...
1 day ago
Musk urges judge to review Twitter verdict, accuses jury of 'mocking' him
March 26 : A lawyer for Elon Musk urged a federal judge to review a recent jury verdict finding that Musk defrauded Twitter investors when buying the social media company, saying jurors improperly used the verdict to "send a message" by finding him liable.In a letter filed on Thursday in S ...
1 day ago
Musk urges judge to review Twitter verdict, questions jury's integrity
March 26 : A lawyer for Elon Musk urged a federal judge to review a recent jury verdict finding that Musk defrauded Twitter investors when buying the social media company, saying jurors improperly used the verdict to "send a message" by finding him liable.In a letter filed on Thursday in S ...
1 day ago
Stryker says manufacturing mostly restored after cyberattack
March 26 : Medical device maker Stryker said on Thursday its operations were steadily improving towards full capacity, after a cyberattack caused widespread disruption to its business.Shares of Stryker climbed 2 per cent after the company said its manufacturing capability was quickly ramping with mo ...