1 day ago
CSE Global shares rise as much as 8.7% on ‘strategic review’
Shikhar Gupta - An Amazon unit holds 63 million convertible warrants in the systems integrator
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
CSE Global shares rise 7.9% on ‘strategic review’
Shikhar Gupta - An Amazon unit holds 63 million convertible warrants in the systems integrator
1 day ago
CSE Global shares close 4% up, after hitting 19-year intraday high on ‘strategic review’
Shikhar Gupta - An Amazon unit holds 63 million convertible warrants in the systems integrator
1 day ago
CSE Global shares rise as much as 12.7% to 19-year high on ‘strategic review’
Shikhar Gupta - An Amazon unit holds 63 million convertible warrants in the systems integrator
1 day ago
Mapletree acquires logistics facility in the Netherlands
Felicia Tan - Mapletree Investments has acquired Park 15, a newly-completed 30,817 sq m (331,711.427 sq ft) logistics development in the Arnhem-Nijmegen metropolitan area in Oosterhout (Gelderland), the Netherlands. The group entered into the forward purchase agreement with VDG Real Estate for Park 15 I January 2 ...
1 day ago
RHB downgrades IREIT Global to 'neutral' on unexpectedly lower DPU from higher costs
The Edge Singapore - Vijay Natarajan of RHB Bank Singapore has downgraded his call for IREIT Global to "neutral" from "buy" after the Europe-based REIT's 2HFY2025 DPU missed his expectations. From his previous target price of 35 cents, Natarajan now figures this counter is only worth 27 cents. T ...
1 day ago
Yangzijiang promises quality earnings, dividend growth and inexpensive valuation
The Edge Singapore - Yangzijiang Shipbuilding delivered FY2025 results ended Dec 31, 2025 which pleased investors. On March 3, when the broader markets were down amid jitters that the US and Israel’s attack on Iran the prior weekend would engulf larger parts of the Middle East, the share price of Yangzijiang Shipbuild ...
1 day ago
Dollar set for steepest weekly gain in a year as Iran crisis boosts haven bid
TOKYO, March 6 : The U.S. dollar held broadly steady in early Asian trade on Friday and was poised for its steepest weekly gain in more than a year as the escalating conflict in the Middle East drove demand for safe-haven assets.The euro and yen remained on the back foot as the crisis drove oil pric ...
1 day ago
Federal Reserve’s Goolsbee touts importance of central bank independence
[NEW YORK] Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that central bank independence is very important for controlling...
1 day ago
Brokers' Digest: Info-Tech Systems, CNMC Goldmine Holdings, Delfi, Singapore Post, Sheng Siong Group
The Edge Singapore - Info-Tech Systems Price targets: OCBC Group Research ‘buy’ $1.30 CGS International ‘add’ $1.35 AI-driven demand ahead Ada Lim of OCBC Group Research has raised her fair value for Info-Tech Systems (SGX: ITS ) after the business software provider reported better-than-expected full-year result ...
1 day ago
US defense department told Anthropic it is a supply chain risk, CEO says
March 5 : The U.S. defense department has informed Anthropic that the Artificial Intelligence lab is a supply chain risk, Anthropic CEO Dario Amodei said on Thursday."Yesterday (March 4) Anthropic received a letter from the Department of War confirming that we have been designated as a supply c ...
2 days ago
Stocks to watch: Hongkong Land, SIA Engineering, CapitaLand Ascott Trust, CSE Global
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 6):
2 days ago
Trump’s tariff refunds may total up to US$182 billion, estimates find
After the Supreme Court ruling, the Trump administration imposed a temporary 10 per cent global tariff
2 days ago
UK should back licensing-first approach for AI training, says upper house committee
LONDON, March 6 : Britain should reject any move to let artificial intelligence companies freely mine copyrighted material for commercial model training and instead adopt a licensing-first regime, a committee in the upper house of parliament said on Friday. Governments worldwide are wrestling with h ...
2 days ago
Berkshire Hathaway resumes share repurchases, CEO Abel buys stock for himself
Abel said adding to his own Berkshire holdings helps align himself with shareholders over the long term
2 days ago
Singapore taxi operators absorb costs at their pumps as petrol prices rise again amid Middle East war
Prices of petrol are expected to rise as the war with Iran intensifies
2 days ago
Singapore’s 10-year office lease is dead
Justin Chen - The traditional 10-year office lease, once the undisputed bedrock of corporate strategy in Singapore, has reached its terminal point. What was once a symbol of permanence and stability has now transformed into a liability. While MNCs have flirted with shorter terms for years, 2026 is the year of the ...
2 days ago
‘Really different’: SGX RegCo’s Tan Boon Gin looks to exorcise S-chip ghosts
Jude Chan - The regulator’s chief is confident that the ‘second’ coming of Chinese listings will not lead to a repeat of corporate governance scandals
2 days ago
After the raids, Asia’s billion-dollar scam trade flickers back
As bigger scam centres in Cambodia disappear, smaller ones in rural areas take their place
2 days ago
Oracle plans thousands of job cuts in face of AI cash crunch
The high up-front costs of AI have fuelled cuts across the tech industry
2 days ago
Trump says further action to reduce pressure on oil is imminent
[WASHINGTON] President Donald Trump on Thursday said further action to reduce pressure on oil was imminent, adding that Iran was reaching out...
2 days ago
US mulls new rules for AI chip exports, including requiring investments by foreign firms in the US
Even small chip installations of fewer than 1,000 chips could require a license
2 days ago
Oil settles up around 5% on supply concerns as Iran conflict widens
[HOUSTON] Oil prices settled up around 5 per cent on Thursday, extending a rally as the escalating US-Israeli war with Iran disrupted supplies and...
2 days ago
Commentary: How the war in Iran could impact global economy, including Singapore
The economic fallout from the war in Iran will go beyond oil markets, says Coface chief APAC economist Bernard Aw.
2 days ago
Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million
NEW YORK, March 5 : The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a U.S. Securities and Exchange Commission civil fraud case over his trading activity.Thursday's settlement requires court approval, with the payment made by one of Sun's compa ...
2 days ago
Justin Sun settles SEC fraud case for $10 million
NEW YORK, March 5 : The U.S. Securities and Exchange Commission has agreed to settle its civil fraud case against Chinese cryptocurrency entrepreneur Justin Sun, with one of Sun's companies paying a $10 million penalty, a court filing showed on Thursday. The SEC sued Sun and his companies Tron ...
2 days ago
European stocks reverse early gains as Middle East conflict drags on
EUROPEAN shares fell on Thursday after a sharp rebound in the previous session, as the Middle East conflict showed no signs of...
2 days ago
US stocks: Wall Street close down as Middle East fears push US oil up 8%
US STOCKS closed down on Thursday as the Middle East conflict entered its sixth day, pushing oil prices higher and spurring worries about...
2 days ago
xAI loses bid to halt California AI data disclosure law
March 5 : Elon Musk's artificial intelligence company xAI failed to convince a California federal court on Thursday to temporarily block the state's law requiring companies to disclose information about the data they use to train AI models.U.S. District Judge Jesus Bernal in Los Angeles sa ...
2 days ago
US mulls new rules for AI chip exports, including requiring investments by foreign firms in US
SAN FRANCISCO, March 5 : U.S. officials are debating a new regulatory framework for exporting artificial intelligence chips and are considering requiring foreign nations to invest in U.S. AI data centers or security guarantees as a condition for granting exports of large numbers of chips, according ...
2 days ago
Marvell projects strong fiscal 2028 revenue on AI-driven data center boom, shares jump
March 5 : Marvell Technology forecast fiscal 2028 revenue above Wall Street estimates on Thursday, signaling robust demand for custom chips and interconnect solutions used in artificial intelligence data centers, sending its shares surging 15 per cent in extended trading.Growing adoption of AI tools ...
2 days ago
Marvell sees first quarter revenue above estimates on AI-driven data center boom
March 5 : Marvell Technology forecast first-quarter revenue above Wall Street estimates on Thursday, driven by rising demand for custom chips used in data centers, sending its shares surging 9 per cent in extended trading.Growing adoption of AI tools by enterprise clients has boosted demand for spec ...
2 days ago
Marvell forecasts first quarter revenue above estimates
March 5 : Chip designer Marvell Technology forecast first-quarter revenue above Wall Street estimates on Thursday, signaling rising demand for custom semiconductors used in data centers to support artificial intelligence applications.Shares of the company rose around 6 per cent in extended trading.T ...
2 days ago
US regulators say banks won't face extra capital charges on tokenized securities
WASHINGTON, March 5 : U.S. banking regulators clarified on Thursday that banks should not have to hold additional capital against losses when dealing with blockchain-based securities, saying their rules are "technology neutral."The Federal Reserve, Federal Deposit Insurance Corporation and ...