20 hours ago
Malaysia’s fuel subsidy bill swells to RM7 billion in April
RON95 - the most popular grade of petrol - retails at RM1.99 per litre, among the lowest in the world
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
20 hours ago
KKR to buy $820 million of Samsung SDS convertible bonds, shares jump 20%
April 14 : KKR said on Tuesday it will buy $820 million of convertible bonds newly issued by IT solutions firm Samsung SDS, sending the South Korean company's shares up as much as 20.8 per cent. The investment firm said in a statement that funds managed by KKR and Samsung SDS, an affiliate of S ...
20 hours ago
Philippines grants banks flexibility to extend loan payments amid energy crisis
MANILA, April 15 : The Philippines will allow banks to give borrowers more time to settle their loans as part of a package of relief measures designed to support consumers and businesses hit by the energy crisis, its central bank said on Wednesday. This includes grace periods of up to six months, an ...
20 hours ago
Incoming Bank of Korea chief signals potential for hawkish shift amid surging import costs
SEOUL, April 15 : Incoming Bank of Korea Governor nominee Shin Hyun-song on Wednesday signaled the potential for tighter monetary policy, stating the central bank must respond if supply-side shocks from the Iran war lead to prolonged inflationary pressure. "A significant test is coming. Given t ...
21 hours ago
Asian shares scale six-week peak on hopes for US-Iran peace talks
SYDNEY, April 15 : Asian stocks tracked Wall Street higher on Wednesday as hopes for a resumption of U.S.-Iran peace talks pushed oil prices lower, while the dollar steadied after seven days of losses.President Donald Trump said talks with Iran could resume in Pakistan over the next two days, after ...
21 hours ago
Asian stocks track US rally on Iran peace push
ASIAN stocks opened higher, tracking Wall Street gains, as optimism over further US-Iran talks lifted sentiment and pushed down oil prices.
21 hours ago
Iran war promises green edge for Asia as plastic packaging runs short
[SEOUL/TOKYO] An ‘eco-friendly’ range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped...
22 hours ago
F&N to buy nearly 20% stake in New Zealand honey manufacturer Comvita for NZ$20.1 million
Therese Soh - This broadens its participation in health and wellness, with a focus on long-term growth categories
22 hours ago
F&N to acquire nearly 20% stake in New Zealand honey manufacturer Comvita for NZ$20.1 million
Therese Soh - This broadens its participation in health and wellness, with a focus on long-term growth categories
22 hours ago
S-E Asia’s cruise industry raked in S$12.7 billion in 2024, with Singapore handling nearly half the passengers
[SINGAPORE] The cruise industry in South-east Asia yielded US$10 billion (S$12.7 billion) in 2024, making up 5 per cent of the global...
22 hours ago
S-E Asia’s cruise industry raked in S$12.7b in 2024, with Singapore handling nearly half the passengers
[SINGAPORE] The cruise industry in South-east Asia yielded US$10 billion (S$12.7 billion) in 2024, making up 5 per cent of the global...
22 hours ago
SE Asia’s cruise industry raked in S$12.7b in 2024, with Singapore handling nearly half the passengers
[SINGAPORE] The cruise industry in South-east Asia yielded US$10 billion (S$12.7 billion) in 2024, making up 5 per cent of the global...
22 hours ago
Oil mixed as Middle East supply uncertainty outweighs hopes for US-Iran talks
TOKYO, April 15 : Oil prices were mixed on Wednesday with Brent futures up and U.S. futures down amid uncertainty over crude supply from the key Middle East producing region as the Strait of Hormuz remains mainly shut. Brent crude futures were up 40 cents, or 0.4 per cent, to $95.19 a barrel at 0420 ...
22 hours ago
Oil prices fall for a second day on expectations US-Iran talks may resume
TOKYO, April 15 : Oil prices fell for a second day on Wednesday on expectations peace talks between the U.S. and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz.Brent crude futures fell 52 cents, or 0.55 per cent, ...
22 hours ago
Lendlease Global Commercial Reit prices S$120 million perpetual securities at 4.28%
Chloe Lim - Net proceeds from the issue will be used to refinance existing borrowings
22 hours ago
Construction, defence among sectors to watch in Singapore amid geopolitical tensions: analysts
Chloe Lim - They are positive on the banking sector, but are mixed on Reits
22 hours ago
Stocks to watch: F&N, Yangzijiang Maritime, Lendlease Global Commercial Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 15):
23 hours ago
Gold holds gain as renewed push for US-Iran talks eases risks
GOLD held a gain on optimism that the US and Iran are seeking a negotiated settlement to the war, easing inflation concerns...
23 hours ago
F&N to invest NZ$20.1 mil in New Zealand honey maker Comvita
The Edge Singapore - Fraser and Neave is investing in a New Zealand manuka honey business by chipping in some NZ$20.1 million ($15 mil) in a round of equity raising. New Zealand-listed Comvita plans to raise additional equity of some NZ$30 million by issuing new shares to existing shareholders at 65 NZ cents per share. ...
23 hours ago
Remote working, prices drive US home coffee consumption to highest in 14 years
Coffee prices in the US remain historically high
23 hours ago
Anthropic draws VC interest at up to $800 billion valuation, Business Insider reports
23 hours ago
Anthropic draws offers from VCs to invest at up to $800 billion valuation, Business Insider reports
April 14 : Anthropic has received multiple offers from venture capital firms valuing the Claude maker at as much as $800 billion in recent weeks, more than double its current valuation, Business Insider reported on Tuesday, citing sources.Anthropic did not immediately respond to Reuters' reques ...
24 hours ago
Japan manufacturers' confidence dips most in three years on Middle East concerns: Reuters Poll
TOKYO, April 15 : Japanese manufacturers' confidence posted its biggest month-on-month drop in more than three years in April, dampened by surging oil prices and supply-chain disruptions caused by the Middle East conflict, the Reuters Tankan poll showed.The monthly survey, a leading indicator o ...
24 hours ago
Defensive S-Reits emerge as analysts’ top picks amid macro jitters
Deon Loke - Slower global growth, heightened inflation risks and asset value depreciation for China properties may persist
24 hours ago
In defence of dreaming small: micro-SMEs in the modern city
Janice Heng - Singapore needs to nurture local champions for the global stage – but can afford to have some that stay home, too
24 hours ago
Maine legislature approves first US moratorium on big data centers
(Refiles to add media packaging code, with no changes to text)WASHINGTON, April 14 : Maine lawmakers have passed a bill that could make it the first U.S. state to put a moratorium on new data centers as opposition to the electricity-hungry facilities grows across the country over their impact on hou ...
24 hours ago
Lumen CEO says AI bots are taking over the Internet
The company handles 65 per cent of global Internet traffic
1 day ago
OpenAI unveils GPT-5.4-Cyber a week after rival’s announcement of AI model
OPENAI on Tuesday unveiled GPT-5.4-Cyber, a variant of its latest flagship model fine-tuned specifically for defensive cybersecurity work, following rival Anthropic’s announcement...
1 day ago
Lagarde says Europe’s economy has slipped below ECB baseline
Headline inflation in Europe has already jumped past the 2 per cent target
1 day ago
Unclear for now if inflation shock requires ECB rate move, Lagarde says
[WASHINGTON] The European Central Bank is not yet in position to determine if the current oil price-driven inflation shock is transitory or...
1 day ago
Wells Fargo profit rises on interest income, trading boost
Its net profit came in at US$5.25 billion, or US$1.60 per share
1 day ago
Oil plunges as US and Iran weigh second round of truce talks
Experts warn the consequences of the war on energy markets may still be felt through the coming months and years
1 day ago
European shares climb 1% to one-month highs on Middle East de-escalation hopes
EUROPEAN shares closed at their highest level in over a month on Tuesday, with investors welcoming signs of a resumption of Middle East...
1 day ago
US stocks: Wall Street rallies on renewed hopes for US-Iran talks, earnings boost
THE Nasdaq climbed 2 per cent while the S&P 500 finished up 1 per cent and near its record closing high on...