15 hours ago
How the Iran war is disrupting the Strait of Hormuz
The strait is an essential passage for the oil market, handling about a quarter of the world’s seaborne oil trade
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
15 hours ago
BuzzFeed flags going concern risk, shares down
Its stock has lost 98 per cent of its value since it went public via a blank-cheque merger in 2021
15 hours ago
Meta pushes AI model 'Avocado' rollout to May or later, NYT reports
March 12 : Meta has postponed the release of its artificial intelligence model "Avocado" to at least May, from this month, the New York Times reported on Thursday, citing sources.The performance of Meta's new AI model currently falls between Google's AI Gemini 2.5 and Gemini 3, d ...
15 hours ago
Meta delays rollout of new AI model code-named 'Avocado,' NYT reports
March 12 : Meta has delayed the release of its artificial intelligence model code-named "Avocado" to at least May from this month, the New York Times reported on Thursday, citing three people with knowledge of the matter.The delayed timeline comes even as the company invests heavily to exp ...
15 hours ago
Meta delays rollout of new AI model, NYT reports
March 12 : Meta has delayed the release of its artificial intelligence model code-named Avocado to at least May from this month, the New York Times reported on Thursday, citing three people with knowledge of the matter. Reuters could not immediately verify the report.
15 hours ago
BESI attracts takeover interest as advanced chip packaging demand surges, sources say
NEW YORK/ LONDON, March 12 : BE Semiconductor Industries has been fielding takeover interest, as demand for its chip-packaging technology has become more critical for semiconductor equipment makers, according to three people familiar with the matter.The Amsterdam-listed chip equipment maker, which h ...
15 hours ago
Exclusive-BESI attracts takeover interest as advanced chip packaging demand surges, sources say
NEW YORK/ LONDON, March 12 : BE Semiconductor Industries has been fielding takeover interest, as demand for its chip-packaging technology has become more critical for semiconductor equipment makers, according to three people familiar with the matter.The Amsterdam-listed chip equipment maker, which h ...
15 hours ago
Yen hits new low against Singapore dollar as Middle East crisis jolts oil prices
The Japanese currency has weakened another 2.11% so far in 2026
15 hours ago
Iran not going to close Strait of Hormuz, Iran UN envoy says
IRAN’S UN ambassador said on Thursday Tehran was not going to close the Strait of Hormuz, but added that it was Iran‘s right...
16 hours ago
Musk's X submits remedies relating to its blue check mark, EU spokesperson says
16 hours ago
Musk's X to change verification system in Europe, Bloomberg News reports
16 hours ago
Amazon plans to shift annual Prime Day sale to June from July
The latest change has implications for the company’s financial reporting
16 hours ago
Iran war tips scales for MAS to go for stronger Singdollar in April: economists
Tessa Oh - Analysts now expect a 50 bps steepening of the S$NEER policy band slope
16 hours ago
Stellantis weighs deals with China rivals to shore up Europe
European and US carmakers have largely trailed Chinese competitors in cost and battery technology, after state subsidies from Beijing
16 hours ago
Qantas agrees to A$105 million settlement in Covid-19 flight credits class action
Sharon Lee - AUSTRALIA’S Qantas Airways said on Friday it has agreed to settle a class action related to flight credits issued during the Covid-19...
17 hours ago
US to ease shipping rule in bid to tame spiralling fuel prices
The plan comes as President Donald Trump considers multiple options to stem the dramatic rise in crude and petrol amid the war...
17 hours ago
Ships must coordinate with Iran’s navy to pass through Strait of Hormuz, foreign ministry says
[DUBAI] Ships must coordinate with Iran’s navy to pass through the Strait of Hormuz, the country’s foreign ministry spokesperson said in comments...
17 hours ago
Oil settles up 9% as Iran vows to keep Strait of Hormuz closed
Middle East Gulf countries have cut total oil production by at least 10 million barrels per day
17 hours ago
Commentary: Iran war tests the Gulf’s grip on aviation hub status
The war in Iran has called into question the long-term economic sustainability of the Gulf countries and vulnerabilities of Middle Eastern carriers, says Endau Analytics’ Shukor Yusof.
17 hours ago
Stryker flags disruption to orders, manufacturing a day after cyberattack
March 12 : Medical device maker Stryker said on Thursday a cyberattack that hit its computer systems a day earlier is causing widespread disruption to its business, including its ability to process orders, make products and ship them to customers.An Iranian-linked hacking group called Handala claime ...
17 hours ago
Commentary: China’s AI lobster craze comes with claws
Fervour for AI agent OpenClaw has consumed China in recent weeks but underneath the excitement, there are concerns, says Catherine Thorbecke for Bloomberg Opinion.
17 hours ago
European shares close lower as oil surge sparks inflation worries, rate hike bets
EUROPEAN shares extended losses on Thursday as investors grappled with a surge in oil prices, which brought concerns about inflation amid the war...
17 hours ago
US stocks: Wall Street ends sharply lower as intensifying Iran war, soaring crude prompt selloff
[NEW YORK] US stocks fell on Thursday, as Iranian strikes on two oil tankers sent crude prices surging toward US$100 per barrel, further exacerbating...
18 hours ago
SentinelOne's quarterly profit forecast falls short of estimates amid stiff competition
March 12 : Cybersecurity firm SentinelOne forecast quarterly profit below Wall Street estimates on Thursday, signaling a cautious stance amid intense competition from larger rivals and a finance leadership transition.Shares of the Mountain View, California-based company were down over 2 per cent aft ...
18 hours ago
Backed by Alibaba, Singapore’s MetaComp aims to be ‘Asia’s Revolut’ for businesses
Shikhar Gupta - The fintech firm has raised US$35 million to build a Web 2.5 platform that blends payments and wealth
18 hours ago
Adobe's longtime CEO to exit role amid AI disruption, shares fall
March 12 : Adobe's longtime CEO Shantanu Narayen will leave his role once a successor is appointed, the creative tooling company said on Thursday, sending its shares down 6.5 per cent in extended trading on renewed worries around its strategy as it grapples with AI disruption.Narayen's exi ...
20 hours ago
Telus says it is investigating hack of its systems
March 12 : Canadian telecommunications and business services firm Telus is investigating a cybersecurity incident involving unauthorized access to some of its systems, a company spokesperson said on Thursday.The ShinyHunters hacking group told Reuters in a message it stole at least 700 terabytes of ...
20 hours ago
Amazon unit withdraws from drone trade group, raises safety concerns
WASHINGTON, March 12 : Amazon.com drone unit Prime Air is withdrawing from the Commercial Drone Alliance, saying it had safety concerns that were incompatible with the group's positions.Amazon Prime Air said in a letter seen Thursday by Reuters that the alliance's positions "on the mo ...
21 hours ago
Italy fines Intesa Sanpaolo 18 million euros for illicit processing of customer data
MILAN, March 12 : Italy's data protection authority said on Thursday it had fined Italy's biggest bank Intesa Sanpaolo 17.6 million euros for illicit processing of data of around 2.4 million customers the bank unilaterally moved to its digital unit Isybank.Intesa had no immediate comment. ...
22 hours ago
US appeals court voids much of injunction against California children's online safety law
March 12 : A federal appeals court on Thursday threw out much of an injunction that had blocked California from enforcing a state law meant to shield children from social media and other online content that could harm them mentally or physically.The 9th U.S. Circuit Court of Appeals said the trade g ...
22 hours ago
US appeals court voids most of injunction against California children's online safety law
March 12 : A federal appeals court on Thursday threw out most of an injunction that had blocked California from enforcing a state law meant to shield children from social media and other online content that could harm them mentally or physically.The 9th U.S. Circuit Court of Appeals said the trade g ...
23 hours ago
Large shinbone found in New Mexico belongs to close kin of T. rex
WASHINGTON, March 12 : A new analysis of a large shinbone unearthed in a remote spot in northwestern New Mexico in the 1970s shows it belongs to a close relative of Tyrannosaurus rex that predated that huge meat-eating dinosaur by several million years and potentially was a direct ancestor.The shinb ...
23 hours ago
Microsoft's Rajesh Jha, head of experiences and devices unit, to retire
March 12 : Rajesh Jha, a key Microsoft executive overseeing products including Windows and Microsoft 365 apps like Word and Teams, announced his retirement on Thursday after more than three decades with the company.Jha, who runs the Experiences + Devices unit, will transition out of his current posi ...
23 hours ago
Lucid unveils steering wheel-free robotaxi concept, taking aim at Tesla's Cybercab
March 12 : Lucid unveiled a two-seater robotaxi concept without steering wheel and pedals, and launched new self-driving tech subscriptions, as the electric-vehicle maker laid out its roadmap for the technologies at an investor day event on Thursday.The unveiling deepens Lucid's push into fully ...