1 day ago
Inflation scars risk quickly lifting expectations; ECB must be ready to act: policymaker
Surging energy costs prompted by the Iran war have already pushed inflation well above the ECB’s 2% target
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
FAQ: What can I do with my Singtel special discounted shares?
Here’s what you need to know about the transfer of Singtel special discounted shares to the holders' own CDP accounts.
1 day ago
Singtel special discounted shares to be transferred to holders' CDP accounts; CPF withdrawal conditions to be waived
The special discounted shares were issued in 1993 when Singtel was first listed on the Singapore mainboard in a scheme to encourage share ownership among Singaporeans.
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BOJ to raise rates by July on mounting price pressure, ex-board member says
TOKYO, April 7 : The Bank of Japan will likely raise interest rates by July, as soaring oil costs from the Middle East war increase the risk it will fall behind the curve in dealing with mounting inflationary pressure, its former board member Seiji Adachi said on Tuesday.Underlying inflation has alr ...
1 day ago
Once Sweden’s top company, H&M’s struggling to sell its rebound story
As international investors have thinned out, the company has become more tightly held, with limited external pressure to force faster change
1 day ago
Asian Development Bank launches US$25 million fund for Asean power grid
[MANILA] The Asian Development Bank said on Tuesday that it has launched South-east Asia’s first multi-partner fund to accelerate the development of...
1 day ago
Watch live: Singapore government to unveil support measures to mitigate impact of Iran war
Cabinet ministers, who are part of the newly formed Homefront Crisis Ministerial Committee, will announce measures to cushion the fallout from the...
1 day ago
Trump floats seizing Iran oil as he weighs Chinese leverage play
The US president’s geopolitical moves are already affecting China
1 day ago
One of seven stranded Malaysian vessels sails through Hormuz
The effective closure of the strait has roiled markets and triggered a broad energy crisis
1 day ago
Indonesia’s central bank intervenes in FX market after the rupiah hits a record low
[JAKARTA] Bank Indonesia (BI) has intervened to maintain the rupiah’s stability and avoid excessive volatility after the currency hit a record low...
1 day ago
Goldman warns on copper as Iran war threatens global economy
Most base metals have come under growing pressure in the past month
1 day ago
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Tan Ai Leng - Corporate control allegations involving anti-graft buster, powerful businessmen testing governance credibility
1 day ago
Singapore’s workforce shows gains in resilience, slips in engagement: reports
Nurdianah Md Nur - Despite getting better at handling pressure, Singapore’s workforce is becoming less motivated. According to Intellect's Workplace Wellbeing 360 Report 2026, employees in the city-state recorded a 10.4 percentage-point improvement in stress management over the past year. Productivity edged up ...
1 day ago
Apple’s foldable iPhone encounters engineering snags, faces potential shipment delays: Nikkei Asia
APPLE has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its...
1 day ago
AirTrunk hires banks for Singapore IPO that could raise over US$1 billion: sources
The company is backed by US-based investment firm Blackstone
1 day ago
Sunway fails in bid to take over IJM
John Lai The Edge Malaysia atSunw theedgemalaysia.com - Sunway Bhd’s bid to take over IJM Corp Bhd has failed, after it failed to meet the conditional requirement of securing an over 50% stake in the latter. As at 5pm on April 6, the closing date of the offer, Sunway had received acceptances amounting to only 33.43%. In a statement on Monday, Maybank I ...
1 day ago
Indonesia's central bank says intervenes in FX market after the rupiah hits a record low
JAKARTA, April 7 : Bank Indonesia has intervened to maintain rupiah stability in spot and non-deliverable forwards markets after the currency hit a record low against the dollar, senior deputy governor Destry Damayanti told Reuters on Tuesday.The rupiah weakened by as much as 0.35 per cent to 17,090 ...
1 day ago
Indonesia's central bank intervenes in FX market after the rupiah hits a record low
JAKARTA, April 7 : Bank Indonesia (BI) has intervened to maintain the rupiah's stability and avoid excessive volatility after the currency hit a record low against the dollar, Senior Deputy Governor Destry Damayanti told Reuters on Tuesday."Stabilising rupiah is certainly a top priority fo ...
1 day ago
Climate risks, great power rivalry the top concerns for South-east Asian nations: survey
Lionel Lim - Countries are finding it increasingly difficult to balance between the US and China
1 day ago
Apple's foldable iPhone faces engineering snags, potential shipment delays, Nikkei Asia reports
1 day ago
Apple's foldable iPhone encounters engineering snags, faces potential shipment delays, Nikkei Asia reports
April 6 : Apple has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its mass production and product shipment schedule, Nikkei Asia reported on Monday, citing sources. Reuters could not immediately verify the report. Issues surround ...
1 day ago
CGSI, DBS, maintain respective bullish target prices for Nam Cheong following latest RM102.5 mil charter contracts
The Edge Singapore - Ho Pei Hwa of DBS Group Research has kept her "buy" call and $1.60 target price on Nam Cheong after it won two charter contracts worth RM102.5 million, which enhances revenue visibility and recurring income for the company. The two vessels, leased by different customers, are to both suppor ...
1 day ago
DBS maintains 'buy' and $1.60 target price for Nam Cheong following latest RM102.5 mil charter contracts
The Edge Singapore - Ho Pei Hwa of DBS Group Research has kept her "buy" call and $1.60 target price on Nam Cheong after it won two charter contracts worth RM102.5 million, which enhances revenue visibility and recurring income for the company. The two vessels, leased by different customers, are to both suppor ...
1 day ago
SpaceX lays out IPO details, targets early June roadshow: sources
[NEW YORK] SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them...
1 day ago
Thai energy company Banpu plans US$1.5 billion US power investment on data centre boom
The company has one business focusing strictly on coal, and a more general power operation that includes coal, gas and renewable energy
1 day ago
UOBKH's Mo raises Oiltek's target price to $2.78 following Sabah plant win
The Edge Singapore - Heidi Mo of UOB Kay Hian has raised her target price for Oiltek International to $1.05 from $2.78, after the company won a US$350 million deal to build a sustainable aviation fuel facility in Sabah, bringing its total order book to RM1.8 billion. The contract was given by Brunei's Bioseaga Indu ...
1 day ago
Brazilian government blacklists Chinese automaker BYD for labor violations
RIO DE JANEIRO, April 6 : Brazil's Labor Ministry has put Chinese automaker BYD on its registry of employers who have subjected workers to conditions similar to slavery, according to an official document seen by Reuters on Monday.The document shows the world's largest electric vehicle make ...
1 day ago
Brazil puts China's BYD on list of shame for workers' past slavery-like conditions
RIO DE JANEIRO: Brazil has put China's BYD on a registry of employers who have subjected workers to conditions similar to slavery, after a 2024 scandal in which Chinese workers were said to have been victims of human trafficking and abusive contracts.The list, published by Brazil's Labor M ...
1 day ago
Brazilian government blacklists Chinese automaker BYD for labour violations
RIO DE JANEIRO: Brazil's Labor Ministry has put Chinese automaker BYD on its registry of employers who have subjected workers to conditions similar to slavery, according to an official document seen by Reuters on Monday (Apr 6).The document shows the world's largest electric vehicle maker ...
1 day ago
Gold steadies as traders weigh Trump’s deadline to strike Iran
Now in its sixth week, the war has heightened the prospects that central banks will delay cutting interest rates or even hike...
1 day ago
DBS raises target price for Bumitama Agri to $2.30
The Edge Singapore - William Simadiputra of DBS Group Research has raised his target price for Bumitama Agri from $1.90 to $2.30, on expectations of better earnings this year from steady palm oil prices and a bigger production volume. In his April 7 note, Simadiputra, who has kept his "buy" call, points out th ...
1 day ago
India’s refiners delay maintenance to stabilise fuel supplies
The government has invoked emergency measures, directing refiners to maximise LPG output for safeguarding cooking fuel supplies for households
1 day ago
Keppel Infrastructure Trust appoints Khor Poh Hwa as new chairman
Deon Loke - He previously served as the trustee-manager’s first chairman from 2010 to 2015
1 day ago
Stocks to watch: SIA, Keppel Infrastructure Trust, Nam Cheong, Prime US Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 7):