1 day ago
Iraq urges customers to send oil loading plans after Hormuz exemption, document shows
Somo has asked its customers to submit crude oil lifting schedules within 24 hours
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Asean+3 bloc to grow 4% in 2026 and 2027 despite external challenges: Amro
Lionel Lim - The region has buffers to help deal with energy price hikes stemming from the Iran conflict
1 day ago
Asean+3 bloc to grow 4% in 2026 and 2027 despite external challenges: Amro forecast
Lionel Lim - The region has buffers to help deal with energy price hikes stemming from the Iran conflict
1 day ago
Amro forecasts Asean+3 bloc to grow 4% in 2026 and 2027
Lionel Lim - The region has buffers to help deal with energy price hikes stemming from the Iran conflict
1 day ago
Loh of UOBKH raises target price for YZJ to $4.75 following US$825.7 mil Seaspan stake
The Edge Singapore - Adrian Loh of UOB Kay Hian has slightly raised his target price for Yangzijiang Shipbuilding from $4.60 to $4.75 after the company announced additional order wins, plus to reflect potential higher earnings from a planned investment in a customer. On March 31, YZJ announced that it had won orders for ...
1 day ago
Markets on edge as Trump threatens strikes on Iranian infrastructure
US President Donald Trump's threats to destroy civilian infrastructure in Iran if the Strait of Hormuz is not open by Tuesday have put traders on edge for reciprocal attacks by Tehran.
1 day ago
Asia markets brace for Trump's promised assault on Iranian infrastructure
SINGAPORE: Oil prices rose, bonds fell and stocks were mixed at the start of trading in Asia on Monday (Apr 6) as US President Donald Trump vowed "hell" if Tehran does not meet his deadline to reopen the Strait of Hormuz.Trump's
1 day ago
Paramount in talks for Gulf backing in Warner takeover, WSJ reports
The Gulf backers will not have voting rights in the new Paramount-Warner entity
1 day ago
Paramount in talks for Gulf backing in Warner takeover: WSJ
The Gulf backers will not have voting rights in the new Paramount-Warner entity
1 day ago
How one factory in China learned to live with Trump, US tariffs and turmoil
Economists and industry executives expect the US president’s visit to extend a detente between the two rivals
1 day ago
How one factory in China learned to live with Trump, tariffs and turmoil
Economists and industry executives expect the US president’s visit to extend a detente between the two rivals
1 day ago
US inflation seen spiking in first snapshot since Iran war
Oil prices have climbed to almost US$120 a barrel last month
1 day ago
JP Morgan downgrades OCBC, lowers DBS’s price target and raises SGX’s price target
The Edge Singapore - JP Morgan has downgraded five financial services stocks while upgrading two stocks over the weekend. Of these, only one downgrade is listed on the Singapore Exchange. Oversea-Chinese Banking Corp’s share price has run up, and hence warrants a downgrade according to JP Morgan. The US bank has also ...
1 day ago
Olam to sell IT services unit to Wipro for US$375 mil
The Edge Singapore - Agri-food player Olam Group is selling its IT services unit Mindsprint to Wipro for US$375 million, as part of its ongoing re-organisation bid. Upon completion of the sale, Olam will recognise a gain of around US$310.5 million. As part of the deal, Wipro will provide an eight-year service contract t ...
1 day ago
Stocks to watch: Olam Group, Geo Energy Resources
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 6):
1 day ago
Olam selling IT and digital services unit Mindsprint to Wipro for US$375 million
Shikhar Gupta - The agri-food giant will also spend US$100 million annually with the global tech company for eight years
1 day ago
Indian bank stocks’ US$95 billion rout may deepen on macro risks
At stake is the outlook for India’s US$4.5 trillion stock market, given banks account for nearly a third of the benchmark index
1 day ago
Oil rises on new deadline as Trump raises the stakes over Hormuz
Control of Hormuz remains central to the conflict
1 day ago
Oil gains as Trump sets new ultimatum and escalates Iran threats
Control of Hormuz remains central to the conflict
1 day ago
Oiltek secures US$350 mil contract to build sustainable aviation fuel plant in Sabah
The Edge Singapore - Oiltek International has entered into a heads of agreement with Brunei-based Bioseaga Industries to build a US$350 million sustainable aviation fuel plant in Sabah. For context, Oiltek's entire order book as disclosed on Feb 23 was just RM350 million. In addition, Oiltek will be the exclusive c ...
1 day ago
Oiltek secures US$350 mil contract to build sustainable aviation fuel plant in Sabah; shares up more than 20%
The Edge Singapore - Oiltek International has entered into a heads of agreement with Brunei-based Bioseaga Industries to build a US$350 million sustainable aviation fuel plant in Sabah. For context, Oiltek's entire order book as disclosed on Feb 23 was just RM350 million. In addition, Oiltek will be the exclusive c ...
1 day ago
SpaceX’s IPO may hold lessons for Singapore
Ben Paul - When companies go public, their founders and managers should communicate a big vision rather than a plan to just deliver incremental gains
1 day ago
Now back in the black, SGX-listed Trendlines doubles down on core bets
Ranamita Chakraborty - The group is concentrating on assets in its strongest portfolio companies, says CEO Haim Brosh
1 day ago
Malaysia likely to remain attractive to medical tourists amid geopolitics, currency swings: IHH group CEO
Tan Ai Leng - The country’s cost-competitiveness and growing capacity are seen as advantages by price-sensitive patients
1 day ago
Engie Factory’s potential Apac exit signals energy firms’ pivot to near-term returns: analysts
Chloe Lim - Profit constraints, tighter capital could be reasons for the venture arm’s proposed divestment, say observers
1 day ago
Secondary market in Asia sees pickup in activity as players search for liquidity
Benjamin Cher - No lack of choice deals for secondary funds as global demand outstrip supply
1 day ago
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
Tessa Oh - An unprecedented court order forced the sale of one of the world’s largest textile dye companies after a decade-long fight over minority...
1 day ago
Further downside expected for the Philadelphia Semiconductor Index
It could continue to pull back towards the 6,400 level, representing a 10.6% downside from the current price
1 day ago
Singapore IPO players on the fence as they await resolution of Middle East war
Jean Low - 10 companies listed on SGX in past six months, but Gulf conflict may slow momentum
1 day ago
Gold falls as war escalation and jobs data reduce rate-cut bets
Bullion’s haven appeal has also been dimmed by the need for investors to liquidate their positions and cover losses elsewhere
1 day ago
Gold falls as Trump threatens escalation of US attacks on Iran
Bullion’s haven appeal has also been dimmed by the need for investors to liquidate their positions and cover losses elsewhere
1 day ago
Oil prices rise as US-Israeli war with Iran continues to disrupt supply
TOKYO, April 6 : Oil prices climbed on Monday on continuing fears of supply losses because of shipping disruptions in the key Middle East producing region from the U.S.-Israeli war with Iran.Brent crude futures rose $1.71, or 1.6 per cent, to $110.74 a barrel by 0057 GMT. U.S. West Texas Intermediat ...
1 day ago
Oil prices open higher as US-Israeli war with Iran continues to disrupt supply
TOKYO, April 6 : Oil prices opened higher on Monday after the Easter holiday weekend as the U.S.-Israeli war with Iran continues to disrupt global oil supply.Brent crude futures rose $2.4, or 2.2 per cent, to $111.43 a barrel by 2215 GMT. U.S. West Texas Intermediate crude futures gained $3, or 2.7 ...
1 day ago
Oil dips in choppy trade; US, Iran receive ceasefire proposal framework
HOUSTON, April 6 : Oil prices retreated in choppy trade on Monday, as investors awaited clarity on the status of indirect talks between the U.S. and Iran, wary about sustained supply losses due to shipping disruptions.Brent crude futures were down 0.22 per cent to $108.79 a barrel at 11:49 a.m. CDT ...