24 hours ago
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Chloe Lim - FDI makes up 72.5% of inflows to Cambodia, Malaysia, Laos, Indonesia, the Philippines and Vietnam
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
24 hours ago
New Zealand central bank governor still expects economic growth in 2026
[WELLINGTON] New Zealand Reserve Bank Governor Anna Breman said on Thursday that she still expected to see the country’s economy grow in...
24 hours ago
BYD eyes more Porsche hires for luxury line’s Europe push
European manufacturers are grappling with poor sales of their priciest EVs and muted demand in China
24 hours ago
US economic fundamentals in a ‘good place’ despite Iran war: US Fed President Daly
SAN Francisco Federal Reserve President Mary Daly on Wednesday said the US economy is fundamentally in a “good place” despite sharply higher oil prices...
24 hours ago
US Fed’s Daly says US economic fundamentals in a ‘good place’
SAN Francisco Federal Reserve President Mary Daly on Wednesday said the US economy is fundamentally in a “good place” despite sharply higher oil prices...
24 hours ago
Oil gains 3% as fragile ceasefire, Hormuz restrictions keep supply risks elevated
LONDON, April 9 : Oil prices rose 3 per cent on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted.Brent crude futures were up $2.69, or 3.1 per cent, at $97.71 a barrel at 1055 GMT, while U.S ...
24 hours ago
Oil gains 4% as fragile ceasefire, Hormuz restrictions keep supply risks elevated
LONDON, April 9 : Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted.Brent crude futures were up $3.69, or 3.9 per cent, at $98.44 a barrel at 0856 GMT, while U.S. West Texa ...
24 hours ago
Oil rebounds as fragile Gulf ceasefire, constrained Hormuz keep supply risks elevated
NEW DELHI, April 9 : Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted.Brent crude futures were up $1.96, or 2.07 per cent, at $96.71 a barrel at 0325 GMT, while U.S. West ...
24 hours ago
Oil rises as investors remain wary US-Iran ceasefire will open supply flow
BEIJING, April 9 : Oil prices rose on Thursday on investors' concerns supply from the key Middle East producing region may not fully resume amid doubts the two-week ceasefire between the U.S. and Iran will hold and as the crucial Strait of Hormuz remains restricted. Brent crude futures were up ...
24 hours ago
US crude futures rise after settling previous session with biggest fall in six years
BEIJING, April 9 : U.S. crude futures rose on Thursday morning after settling with the biggest fall since April 2020 during the previous trading session, after U.S. President Donald Trump agreed to a two-week ceasefire with Iran.U.S. West Texas Intermediate (WTI) crude rose $2.68, or 2.84 per cent, ...
1 day ago
US court declines to block Pentagon's Anthropic blacklisting for now
(Corrects dateline to April 8. No changes to text)By Jack QueenNEW YORK, April 8 : A Washington, D.C., federal appeals court on Wednesday declined to block the Pentagon's national security blacklisting of Anthropic for now, a win for the Trump administration that comes after another appeals cou ...
1 day ago
Gold pares gains after Iran says ceasefire deal with US violated
Since the war in the Middle East began, bullion has traded largely in tandem with stocks
1 day ago
US Fed rate cut bets revived, a bit, by Iran war ceasefire
FEDERAL Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran...
1 day ago
Oil rises after biggest drop since 2020 as Hormuz stays blocked; Iran says ceasefire violated
Even once the strait transit picks up, the return of energy supplies will not be instant
1 day ago
Oil rises after biggest drop since 2020 as Hormuz stays blocked amid Iran war ceasefire
Even once the strait transit picks up, the return of energy supplies will not be instant
1 day ago
Oil rises after biggest drop since 2020 as Hormuz stays blocked
Even once the strait transit picks up, the return of energy supplies will not be instant
1 day ago
Oil and gas prices plunge after US, Iran agree to ceasefire deal
Even once Hormuz transit increases, the return of energy supplies won’t be immediate
1 day ago
OpenAI will reserve portion of IPO shares for retail investors, CFO tells CNBC
April 8 : OpenAI plans to reserve a portion of its shares from an initial public offering for individual investors, CFO Sarah Friar told CNBC on Wednesday, as the ChatGPT maker gears up for a highly anticipated U.S. stock market listing.The AI startup is laying the groundwork for an IPO that could v ...
1 day ago
US Fed minutes show officials saw two-sided risks from Iran war
Several policymakers have since signalled a desire to hold rates steady as they gauge the war’s fallout
1 day ago
US set to ease power limits on space-based broadband
WASHINGTON, April 8 : The Federal Communications Commission is set to approve rule revisions this month to ease power limits on satellite spectrum use, giving a major boost to space-based broadband services such as SpaceX's Starlink. The FCC said on Wednesday it would vote on April 30 on a meas ...
1 day ago
European stocks logs best day in a year as Iran truce fuels relief rally
EUROPEAN shares jumped more than 3 per cent on Wednesday after US President Donald Trump agreed to a two-week ceasefire with Iran,...
1 day ago
US stocks: Wall Street ends sharply higher on US-Iran ceasefire
[NEW YORK] US stocks closed sharply higher on Wednesday after a last-minute, two-week ceasefire agreement between the United States and Iran lifted investor sentiment.
1 day ago
Applied Digital's quarterly net loss widens on rising costs, one-time charge
April 8 : Applied Digital's third-quarter net loss widened from last year due to rising expenses and a charge tied to its cloud business, overshadowing the company's revenue beat on the back of strong demand for its data center services.Shares of the company fell 3 per cent in extended tra ...
1 day ago
Applied Digital beats quarterly revenue estimates as AI infrastructure demand soars
April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications.Shares of the Dallas, Texas-based data center operator rose about 2 per cent in extended trading. The sto ...
1 day ago
Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand
April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications.Big tech and AI companies are racing to lock in power and data center capacity, signing long-term deals w ...
1 day ago
Citigroup says AI helps speed account openings and systems upgrades
NEW YORK, April 8 : Citigroup is using artificial intelligence to speed up account openings and the retirement of old software, the U.S. bank's head of technology, Tim Ryan, said, as the firm pushes to improve productivity. U.S. banks are embracing AI, the biggest technological upheaval to the ...
1 day ago
Innotek seeks to raise up to $16 mil by placing out new shares at 65.06 cents; CEO undertakes vendor share sale
Teo Zheng Long - Innotek (SGX: M14 ) plans to raise up to $16 million by placing out up to 24.6 million new shares at 65.06 cents each. The placement price represents a discount of approximately 9.5% to the volume weighted average price of 71.89 cents, based on the last full market day of April 2. The placement shar ...
1 day ago
Meta unveils first AI model from costly superintelligence team
April 8 : Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with rivals in the AI race.U.S. tech giants are under pressure to prove their massive AI outlays will pay off. The stakes are especially high for M ...
1 day ago
Seatrium sets up S$3 billion multicurrency debt issuance programme
Chong Xin Wei - The net proceeds will be used to refinance existing borrowings and fund potential acquisitions, among other things
1 day ago
Developing countries in Europe, Central Asia face slowdown, World Bank says
Growth across the region is expected to slow to 2.1% in 2026, from 2.6% in 2025
1 day ago
Traders place large $950 million bet on oil price falling hours ahead of ceasefire
LONDON, April 8 : Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire, the latest large wager on the direction of the world's most traded commodity ahead of a major policy announcement by President Donald Trump.On Tu ...
1 day ago
Chinese electric truck maker Windrose makes first US delivery
BEIJING, April 8 : Chinese electric truck startup Windrose said it had made the first delivery of its long‑haul electric heavy truck in the United States, marking a key step in its global expansion.The vehicle, priced at $285,000, was handed over to Texas logistics firm Allogic and charging partne ...
1 day ago
Wall Street opens higher after US-Iran ceasefire
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Apr 8) after the US and Iran agreed to a two-week ceasefire,...
1 day ago
Thakral raises $4.26 mil via sale of treasury shares at $1.80 each to ICH Synergrowth Fund and Lion Global Investors
Teo Zheng Long - Thakral (SGX: AWI ) has raised $4.26 million through the sale of 2,367,500 treasury shares at a price of $1.80, which represents a 1.89% shareholding in the company. ICH Synergrowth Fund has acquired 1,267,500 shares while the remaining 1.1 million shares were acquired by Lion Global Investors. Thak ...