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...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
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
1 day ago
LTA, Case launch accreditation scheme for car-sharing industry in Singapore
Chloe Lim - Aim is to raise service standards across the industry, address common consumer concerns
1 day ago
Singapore, Asia stocks surge after Trump signals Iran war to end in two to three weeks
Deon Loke - STI rises 2% at market open; Nikkei jumps almost 4%
1 day ago
Singapore, Asia stocks surge after Trump signals war to end in two to three weeks
Deon Loke - STI rises 2% at market open; Nikkei jumps almost 4%
2 days ago
First Reit proposes S$471.5 million divestment of Indonesia assets
Deon Loke - A special distribution of about S$9.7 million is expected to be declared after the deal
2 days ago
Data centre operator BDx secures US$320 million facility from Indonesia banks
Benjamin Cher - It will be used to further develop its AI-focused data centre campus in Jakarta
2 days ago
Japan, South Korea stock markets soar at open after Trump war comments
US President Donald Trump said on Tuesday that the war with Iran may be over in around two weeks.
2 days ago
Singapore private home prices rise 0.3% in Q1, easing from 0.6% in Q4: URA flash data
Ry-Anne Lim - Non-landed prices up 1% while landed home prices fall 1.8%; prices rise most in OCR
2 days ago
Dollar falls for second day as Middle East ceasefire expectations rise
LONDON, April 1 : The dollar dropped for a second day on Wednesday as expectations of a ceasefire in the Middle East conflict grew after the U.S. signalled that an end to the war could be near, even though markets remained on edge on fears of escalation. The White House said U.S. President Donald Tr ...
2 days ago
Dollar lower for second day as Middle East ceasefire hopes rise
LONDON, April 1 : The dollar fell for a second day on Wednesday as expectations of a ceasefire in the Middle East conflict grew after the U.S. signalled that an end to the war could be near, even though markets remained on edge on fears of escalation. The White House said U.S. President Donald Trump ...
2 days ago
Dollar holds firm as Middle East ceasefire hopes rise
TOKYO, April 1 : The dollar largely held steady on Wednesday as investors grew cautiously optimistic about prospects for a ceasefire in the Middle East conflict, though mixed signals kept markets on edge.The yen has recovered from this year's low of 160.46 per dollar, moving back through the ps ...
2 days ago
FOREX-Dollar holds firm as Middle East ceasefire hopes rise
TOKYO, April 1 : The dollar largely held steady on Wednesday as investors grew cautiously optimistic about prospects for a ceasefire in the Middle East conflict, though mixed signals kept markets on edge.The yen has recovered from this year's low of 160.46 per dollar, moving back through the ps ...
2 days ago
Dollar stays stable after Trump says Iran war could finish soon
TOKYO, April 1 : The dollar was largely steady on Wednesday, with gains from safe-haven demand fading, as U.S. President Donald Trump said the war with Iran could wind down within weeks, though conflicting signals on the conflict kept investors on edge. The yen has recovered from this year's
2 days ago
HDB resale prices down 0.1% in Q1, first fall in nearly 7 years: flash data
Chong Xin Wei - Despite overall activity moderating, the market for flats transacting at S$1m and above remains active
2 days ago
HDB resale prices fall for first time in nearly 7 years; down 0.1% in Q1: flash data
Chong Xin Wei - It will offer about 6,900 flats in the Build-To-Order exercise in June
2 days ago
Front-month Brent oil futures extend gains after record monthly rise in March
BEIJING, April 1 : Oil prices ticked up in early Wednesday trade, with Brent front-month futures extending a record March rally as Middle East volatility kept markets jittery, despite reports that the U.S. and Iran may be edging closer to a negotiated end to the war.The front-month Brent contract fo ...
2 days ago
Japan's factory growth slows in March as Iran war weighs, PMI shows
TOKYO, April 1 : Japan's factory activity expanded at a slower pace in March as growth in output, orders and manufacturers' confidence cooled and cost pressures hit a 19-month high due to the Middle East conflict, a private-sector survey showed on Wednesday.• The final S&P Global Jap ...
2 days ago
Stocks to watch: OCBC, Yangzijiang Shipbuilding, City Developments, First Reit, Cordlife
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 1):
2 days ago
Sentiment improves among Japan's big firms, but Iran war clouds outlook
TOKYO, April 1 : Business sentiment among large Japanese manufacturers improved in the three months to March, according to a closely watched survey released on Wednesday, a sign that increasing economic uncertainty from the Middle East conflict has yet to hit morale.But firms expect conditions to wo ...
2 days ago
Hershey to change chocolate in some disputed Reese’s items
HERSHEY will change the chocolate in a small portion of its Reese’s and Hershey’s products, the latest twist in a squabble over...
2 days ago
Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
March 31 : Microsoft, Chevron and investment fund Engine No. 1 have entered into an exclusivity agreement for power generation and supply, the three companies said on Tuesday. Technology companies, including Microsoft, are rushing to secure electricity supply for their rapidly expanding data centers ...
2 days ago
Singapore chemical logistics growth still promising despite Middle East war: Katoen Natie execs
Sharanya Pillai - Specialty chemical producers are scaling up their plants on Jurong Island, driving demand for warehouse storage
2 days ago
Are CEOs paid too much? An NUS study offers insights that hopefully changes more than rules
Ben Paul - Investors should look out for the shortcomings in remuneration practices highlighted by the study in the companies in which they own shares
2 days ago
Elon Musk must face class action over late disclosure of Twitter stake, judge rules
The judge said Musk did not overcome the presumption that his alleged misrepresentations affected Twitter’s share price
2 days ago
Nike results tops estimates as turnaround shows uneven progress
The company’s stock has lost about 17 per cent of its value in the last 12 months
2 days ago
Anthropic to sign deal with Australia on AI safety and economic data tracking
SYDNEY, April 1 : Anthropic said on Wednesday it would sign an agreement to share its economic index data with the Australian government to help track artificial intelligence adoption across the economy, and its impact on workers and jobs.Under the agreement, the Claude maker will share findings on ...