1 day ago
LTA, Case launch accreditation scheme for car-sharing industry in Singapore
Chloe Lim - Aim is to raise service standards across the industry, address common consumer concerns
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Singapore, Asia stocks surge after Trump signals Iran war to end in two to three weeks
Deon Loke - STI rises 2% at market open; Nikkei jumps almost 4%
1 day ago
Singapore, Asia stocks surge after Trump signals war to end in two to three weeks
Deon Loke - STI rises 2% at market open; Nikkei jumps almost 4%
1 day ago
First Reit proposes S$471.5 million divestment of Indonesia assets
Deon Loke - A special distribution of about S$9.7 million is expected to be declared after the deal
1 day ago
Data centre operator BDx secures US$320 million facility from Indonesia banks
Benjamin Cher - It will be used to further develop its AI-focused data centre campus in Jakarta
1 day ago
Japan, South Korea stock markets soar at open after Trump war comments
US President Donald Trump said on Tuesday that the war with Iran may be over in around two weeks.
1 day ago
Singapore private home prices rise 0.3% in Q1, easing from 0.6% in Q4: URA flash data
Ry-Anne Lim - Non-landed prices up 1% while landed home prices fall 1.8%; prices rise most in OCR
1 day ago
Dollar falls for second day as Middle East ceasefire expectations rise
LONDON, April 1 : The dollar dropped for a second day on Wednesday as expectations of a ceasefire in the Middle East conflict grew after the U.S. signalled that an end to the war could be near, even though markets remained on edge on fears of escalation. The White House said U.S. President Donald Tr ...
1 day ago
Dollar lower for second day as Middle East ceasefire hopes rise
LONDON, April 1 : The dollar fell for a second day on Wednesday as expectations of a ceasefire in the Middle East conflict grew after the U.S. signalled that an end to the war could be near, even though markets remained on edge on fears of escalation. The White House said U.S. President Donald Trump ...
1 day ago
Dollar holds firm as Middle East ceasefire hopes rise
TOKYO, April 1 : The dollar largely held steady on Wednesday as investors grew cautiously optimistic about prospects for a ceasefire in the Middle East conflict, though mixed signals kept markets on edge.The yen has recovered from this year's low of 160.46 per dollar, moving back through the ps ...
1 day ago
FOREX-Dollar holds firm as Middle East ceasefire hopes rise
TOKYO, April 1 : The dollar largely held steady on Wednesday as investors grew cautiously optimistic about prospects for a ceasefire in the Middle East conflict, though mixed signals kept markets on edge.The yen has recovered from this year's low of 160.46 per dollar, moving back through the ps ...
1 day ago
Dollar stays stable after Trump says Iran war could finish soon
TOKYO, April 1 : The dollar was largely steady on Wednesday, with gains from safe-haven demand fading, as U.S. President Donald Trump said the war with Iran could wind down within weeks, though conflicting signals on the conflict kept investors on edge. The yen has recovered from this year's
1 day ago
HDB resale prices down 0.1% in Q1, first fall in nearly 7 years: flash data
Chong Xin Wei - Despite overall activity moderating, the market for flats transacting at S$1m and above remains active
1 day ago
HDB resale prices fall for first time in nearly 7 years; down 0.1% in Q1: flash data
Chong Xin Wei - It will offer about 6,900 flats in the Build-To-Order exercise in June
1 day ago
Front-month Brent oil futures extend gains after record monthly rise in March
BEIJING, April 1 : Oil prices ticked up in early Wednesday trade, with Brent front-month futures extending a record March rally as Middle East volatility kept markets jittery, despite reports that the U.S. and Iran may be edging closer to a negotiated end to the war.The front-month Brent contract fo ...
1 day ago
Japan's factory growth slows in March as Iran war weighs, PMI shows
TOKYO, April 1 : Japan's factory activity expanded at a slower pace in March as growth in output, orders and manufacturers' confidence cooled and cost pressures hit a 19-month high due to the Middle East conflict, a private-sector survey showed on Wednesday.• The final S&P Global Jap ...
1 day ago
Stocks to watch: OCBC, Yangzijiang Shipbuilding, City Developments, First Reit, Cordlife
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 1):
1 day ago
Sentiment improves among Japan's big firms, but Iran war clouds outlook
TOKYO, April 1 : Business sentiment among large Japanese manufacturers improved in the three months to March, according to a closely watched survey released on Wednesday, a sign that increasing economic uncertainty from the Middle East conflict has yet to hit morale.But firms expect conditions to wo ...
1 day ago
Hershey to change chocolate in some disputed Reese’s items
HERSHEY will change the chocolate in a small portion of its Reese’s and Hershey’s products, the latest twist in a squabble over...
1 day ago
Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
March 31 : Microsoft, Chevron and investment fund Engine No. 1 have entered into an exclusivity agreement for power generation and supply, the three companies said on Tuesday. Technology companies, including Microsoft, are rushing to secure electricity supply for their rapidly expanding data centers ...
1 day ago
Singapore chemical logistics growth still promising despite Middle East war: Katoen Natie execs
Sharanya Pillai - Specialty chemical producers are scaling up their plants on Jurong Island, driving demand for warehouse storage
1 day ago
Are CEOs paid too much? An NUS study offers insights that hopefully changes more than rules
Ben Paul - Investors should look out for the shortcomings in remuneration practices highlighted by the study in the companies in which they own shares
1 day ago
Elon Musk must face class action over late disclosure of Twitter stake, judge rules
The judge said Musk did not overcome the presumption that his alleged misrepresentations affected Twitter’s share price
1 day ago
Nike results tops estimates as turnaround shows uneven progress
The company’s stock has lost about 17 per cent of its value in the last 12 months
1 day ago
Anthropic to sign deal with Australia on AI safety and economic data tracking
SYDNEY, April 1 : Anthropic said on Wednesday it would sign an agreement to share its economic index data with the Australian government to help track artificial intelligence adoption across the economy, and its impact on workers and jobs.Under the agreement, the Claude maker will share findings on ...
1 day ago
Trump says US could end war in Iran in two to three weeks
Iran does not have to make a deal with the US, Trump added
1 day ago
WTI, June Brent crude futures settle down on reports that Iran may be ready to end war
[HOUSTON] Brent futures for June delivery settled down more than US$3 on Tuesday following unconfirmed media reports that Iran’s president said the...
1 day ago
European shares snap eight-month winning streak as Middle East conflict weighs
EUROPEAN stocks ended Tuesday with their steepest monthly decline in nearly four years, underscoring the degree to which the Middle East conflict has...
1 day ago
Commentary: In trade’s ‘law of the jungle’, the winners are clear
It is China and the United States that prosper when power sets the terms for global commerce, says Peter Foster for the Financial Times.
1 day ago
McCormick acquires Unilever food arm in US$44.8 billion merger
UNILEVER agreed to combine its food business with spice maker McCormick & Co. in a US$44.8 billion deal that will create a global seasonings,...
1 day ago
US stocks: Wall Street soars as traders bet on potential war off-ramp
WALL Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent...
1 day ago
AT&T signs deal worth $2 billion to upgrade emergency cellular network
March 31 : AT&T has reached a deal to invest about $1 billion to improve the Commerce Department's FirstNet and deliver $1 billion in cost savings for the program via reduced rates, a U.S government agency said on Tuesday.The telecommunications company was awarded the 25-year contract to bu ...
1 day ago
X recovers after brief US outage, Downdetector shows
March 31 : Social media platform X was back up after a brief outage that impacted thousands of users in the U.S. on Tuesday, according to Downdetector.com.There were 562 reports of issues with Elon Musk-owned X as of 5:03 p.m. ET, down from a peak of over 21,000 reports. Downdetector tracks outages ...
1 day ago
North Korea-linked hack hits largely invisible software that powers online services
March 31 : Hackers linked to North Korea breached behind-the-scenes software that runs many common online functions in an effort to steal login information that could enable further cyber operations, Google said on Tuesday.The hackers targeted Axios, a program that connects apps and web services, by ...