23 hours ago
Tesla Q1 deliveries seen rebounding nearly 10% from year-ago slump
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
23 hours ago
PetroChina plugs Singapore plant's shortfall with crude from China storage, trackers say
SINGAPORE: PetroChina has supplied a rare cargo of close to 2 million barrels of crude oil from storage in China to its half-owned refinery in Singapore, as the firm moves to plug shortfalls triggered by the Iran war, accordi
23 hours ago
High-profile Singaporean auto exec Soh Wei Ming’s EV brand BeyonCa ceases operations
Derryn Wong - China-based luxury EV maker has reportedly ceased operations and left employees unpaid
23 hours ago
Singapore plays neutrality card to vault central bank gold, elevate bullion hub status
Benicia Tan - Emphasising sovereign-grade vaulting, internationally aligned standards can set the Republic apart: analysts
23 hours ago
BYD's vehicle sales slide extends in March
BEIJING, April 1 : BYD was stuck in a sales decline for the seventh straight month, Reuters calculations show, as the Chinese electric vehicle maker struggled with elevated competition in the world's largest auto market. Vehicle sales dropped 20.5 per cent last month from a year earlier to 300, ...
24 hours ago
Pakistan's consumer price inflation hastens to 7.3% on-year in March
ISLAMABAD, April 1 : Pakistan's CPI inflation quickened to 7.3 per cent year-on-year in March, compared to a 7 per cent on-year rise in February, data from the statistics bureau showed on Wednesday.
1 day ago
South Korea to tighten public-sector driving curbs as energy alert raised
SEOUL, April 1 : South Korea said on Wednesday it would further tighten driving restrictions for public sector workers, as Asia's fourth-largest economy raised its resource security crisis alert in the face of the Middle East crisis. South Korea is raising its energy security alert to a "w ...
1 day ago
Hong Kong Feb retail sales jump 19.3%, seen support from visitor growth
April 1 - Hong Kong's retail sales by value jumped 19.3 per cent in February from a year earlier, the 10th month of gains, with sales by most broad types of retail outlet registering growth, government data showed on Wednesday.* It was the biggest percentage rise since June 2023, when retail sa ...
1 day ago
New BOJ board member warns of stagflation risk from Iran war
TOKYO, April 1 : Japan may face stagflation risks from the Iran war that would be challenging to deal with using monetary policy, new Bank of Japan board member Toichiro Asada said on Wednesday.With Japan having emerged from deflation and now facing inflation, the BOJ can no longer focus solely on k ...
1 day ago
India hikes jet fuel, commercial LPG cost
NEW DELHI: India's oil ministry said Wednesday (Apr 1) that domestic jet fuel prices would rise as the Middle East war pushed up energy costs, but that it had cushioned airlines from an expected 100 per cent jump.Aviation t
1 day ago
AI and gender inequality: DBS’ Tan Su Shan and former Singapore president Halimah Yacob look at rising risks
Jermaine Fok - Their discussion at DBS International Women’s Day event also covers issues such as female representation in leadership roles
1 day ago
Some IP insurers hike premiums of base plans for private hospital and A-class wards
Genevieve Cua - This comes after launch of new, cheaper riders which do not cover deductibles, the latest effort to curb ‘buffet syndrome’
1 day ago
Asia LNG imports drop most since 2022 as Iran war upends supply
[BEIJING] Asian liquefied natural gas imports fell the most in more than three years last month as the conflict in the Middle...
1 day ago
Hyundai Motor reports March South Korea EV sales up 38% from a year ago
SEOUL, April 1 : Hyundai Motor sold 7,809 electric vehicles (EVs) in South Korea in March, up 38 per cent from a year earlier, the South Korean automaker said in a regulatory filing on Wednesday.The jump in EV sales in South Korea contrasted with Hyundai's overall performance. The South Korean ...
1 day ago
Australia spending holds up as war drives oil spike, CBA says
The figures show Australia’s economy was on a strong footing before the central bank began raising interest rates
1 day ago
Geo Energy diversifies into high-value coking coal with new Indonesia mine stake
Shikhar Gupta - The deal is for a 50.6% stake in Mutiara Hitam Sukses, which owns mine operator Harfa Taruna Mandiri
1 day ago
VinFast delaying break-even target to after 2027 due to growth push, sources say
HANOI, April 1 : Vietnamese electric vehicle maker VinFast now expects that it will only break even after 2027 as it pushes ahead with plans to expand rapidly while also dealing with rising costs, two people with direct knowledge of the matter said.The Nasdaq-listed startup has made forays into Indo ...
1 day ago
National standard for EV charging upgraded to include new tech such as wireless systems
[SINGAPORE] The standard for electric vehicle (EV) charging will be upgraded from Wednesday (April 1) to pave the way for the safe operation...
1 day ago
Interactive: Singapore rolls out driverless vehicles, one route at a time
Hyrie Rahmat - Autonomous shuttles have hit the streets at a measured pace, as the Republic navigates how they fit into its wider transport system
1 day ago
Singapore rolls out driverless vehicles, one route at a time
Hyrie Rahmat - Autonomous shuttles have hit the streets at a measured pace, as the Republic navigates how they fit into its wider transport system.
1 day ago
OCBC breaches S$100 billion market cap as shares hit record high
Shikhar Gupta - DBS is the only other Singapore stock in the exclusive club
1 day ago
OCBC breaches S$100 billion market cap as shares hit record high; DBS is only other Singapore stock in elite club
Shikhar Gupta - [SINGAPORE] A record share price for OCBC has propelled the bank’s market capitalisation past the S$100 billion mark, making it one of...
1 day ago
OCBC joins DBS in S$100 billion market capitalisation club as shares hit record high
Shikhar Gupta - The two banks are the only Singapore companies beyond that milestone
1 day ago
SpaceX lines up 21 banks for mega IPO, code-named project Apex
More banks could still be added
1 day ago
One year of Trump tariffs: What has changed and what’s next for South-east Asia?
Lionel Lim - The tariffs are reshaping supply chains and driving structural shifts, but the full impact is still to come
1 day ago
Gold ticks up as dollar slips on Mideast de-escalation hopes
Gold prices edged higher on Wednesday to their highest in nearly two weeks, supported by a weaker dollar as US President Donald Trump...
1 day ago
Indonesia offers three-year timeline to lift public float to 15%
MSCI had raised concerns over investability earlier this year
1 day ago
Asia barters for scarce energy as Iran crisis throttles supplies
Russia could prove to be an unlikely supplier for some Asian countries after the United States issued a temporary waiver of sanctions for its attack on Ukraine.
1 day ago
Bitcoin holds gains in Asia after five-month losing streak ends
It remains about 45 per cent below its all-time high of over US$126,000
1 day ago
Singapore’s AI ambitions put telcos to the test, raise ‘dumb pipe’ risk
Young Zhan Heng - Singtel outage highlights strain on infrastructure and returns as data demand outpaces monetisation
1 day ago
New IP riders kick in with lower premiums, but higher out-of-pocket costs
Ranamita Chakraborty - Insurers say out-of-pocket costs remain predictable and manageable.
1 day ago
Cathay Cineplexes operator mm2 Asia’s 1.9-billion share placement falls through
Therese Soh - Placement affected by company’s suspension from November; company currently has proposed transaction with private equity fund Hildrics Asia Growth Fund VCC
1 day ago
Cathay Cineplexes operator mm2 Asia’s 1.9-billion share lifeline dead in the water
Therese Soh - The placement was meant to raise S$14 million for debt repayment and other uses
1 day ago
LTA, Case launch voluntary accreditation scheme for car-sharing industry in Singapore
Chloe Lim - Aim is to raise service standards across the industry, address common consumer concerns