1 day ago
Airlines see gains wearing off from Persian Gulf rivals’ absence
For now, some carriers have sought to benefit from the regional competitive dislocation
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Have we become too optimistic about stocks?
Ben Paul - With the major banks funnelling resources into their wealth franchises, investors could be about to face an avalanche of sales calls
1 day ago
Nasdaq-100 advances into uncharted territory
As at Jun 4, the Nasdaq-100 continued its remarkable advance, reaching an all-time high at 30,762 before closing at about 30,407.
1 day ago
DBS Research and UOBKH eye Singtel, Venture as top picks for June
Deon Loke - Singtel’s 18% drop from a March peak is an ‘opportunity to add’, while Venture’s revenue may be boosted by AI
1 day ago
The Business Times checks into hotels around the world with latest partnerships
Evan See - Travellers can access BT’s insights across more than 200 hotels by scanning QR codes
1 day ago
Vietnam’s electronics retail king DMX aims to repeat its feat in Indonesia ‘in half the time’
Jamille Tran - Beyond its own ongoing domestic IPO, it hopes to list joint venture EraBlue in Indonesia within five years
1 day ago
Singamas and other alleged container cartel members could face lawsuits from customers
Tay Peck Gek - US law firms say that civil claims could be filed, on top of the criminal charges brought by the Department of Justice...
1 day ago
Opec+ to boost oil production as US-Iran ceasefire remains elusive
The effective shutdown of Hormuz makes the increase largely symbolic
1 day ago
Oil prices climb more than $3 after Israeli strikes on Lebanon
PERTH/ BEIJING, June 8 : Brent oil prices jumped more than $3 a barrel on Monday, initially spooked by Israel's launch of renewed strikes on Lebanon a day earlier, but also gaining further steam after sounds of explosions were heard in Iran.Sounds of blasts were heard - in Tehran, Tabriz and Is ...
1 day ago
Oil prices rise more than $2 on Israel strikes on Lebanon
BEIJING, June 8 : Oil prices were up more than $2 a barrel in early trading on Monday after Israel on Sunday launched strikes on the Beirut area for the first time since the U.S. announced a ceasefire plan for Lebanon.U.S. crude futures were up $2.57 at $93.11 per barrel as of 2215 GMT, while Brent ...
1 day ago
Oil prices climb more than $4 after Israeli strikes on Iran and Lebanon
PERTH/ BEIJING, June 8 : Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier. Brent crude futures rose $4.42 or 4.47 per cent to $97.15 a barrel as of 0609 GMT, while U.S. crude futures were up $4.07 or ...
1 day ago
Commentary: Iran war has raised inflation risks. Why are Asian economies still growing?
For all the attention on inflation, the bigger surprise this year may be how resilient the region has been, says DBS chief economist Taimur Baig.
1 day ago
Banks lay groundwork for mass workforce cuts as AI takes hold
Following recent comments by CEOs, industry workers have been left dazed about whether their jobs are safe
1 day ago
Israel hits Iran with new strikes despite Trump admonition
Iran earlier fired missiles at Israeli targets in retaliation for an attack on the outskirts of Beirut
1 day ago
Israel strikes military targets in western and central Iran; explosions heard in Teheran, other cities
Iran earlier fired missiles at Israeli targets in retaliation for an attack on the outskirts of Beirut
1 day ago
Trump says he will press Israel to hold back after Iran fires missiles in retaliation for Lebanon attack
“It’s certainly not going to help negotiations”, said Trump after the Iranian missile launches
1 day ago
Iran fires missiles at Israel as Trump aims to sustain ceasefire
The US and Iran appear to be making little progress towards an interim deal to end the war
1 day ago
Israel hits Iran petrochemical plant in fresh tit-for-tat strikes despite Trump reprimand
An Iranian official says parts of Mahshahr petrochemical complex were damaged
1 day ago
Iran and Israel exchange missile attacks for first time since April ceasefire
Earlier, Trump said new strikes by Israel and Iran would not affect his administration’s peace talks with Teheran
1 day ago
Israel working to intercept new wave of missiles fired from Iran
Earlier, Israel said it struck military targets in western and central Iran
1 day ago
OPEC+ approves fourth oil output quota hike since Hormuz closure
On Sunday, the seven members decided to increase targets by 188,000 barrels per day from July, OPEC said in a statement.
1 day ago
Cathay Pacific plans more aircraft orders across fleet, CEO says
RIO DE JANEIRO: Cathay Pacific is considering additional orders for widebody, narrowbody and freighter aircraft as it looks to expand rapidly over the next de
2 days ago
Trump says Fed rate increase would be wrong, again calls for cut
Rate-hike expectations were reinforced after a hot May jobs report on Friday
2 days ago
Samudera Shipping-chartered vessel sinks en route from Singapore to Pasir Gudang
Ry-Anne Lim - All crew members safe; group does not expect the incident to have any signifcant impact to its business or financials
2 days ago
Cryptocurrency exchange Bybit to open SpaceX tokenized IPO access
June 7 : Cryptocurrency exchange Bybit said it will offer retail investors access to tokenized initial public offerings (IPOs) at the offering price, starting with SpaceX as its first offering.Here are some details: • Bybit users via Payward's xStocks, a tokenization platform, can subscribe t ...
2 days ago
Up to 11 new condo projects with 3,550 units lined up for H2 launch as price ceilings emerge
Ry-Anne Lim - Analysts do not expect average launch prices to breach the S$4,000 psf mark in the near term
2 days ago
Nvidia, SK to detail cooperation plan as Jensen Huang flags prolonged chip shortage
SEOUL: Nvidia and South Korea's SK are expected to announce a plan for cooperation between the two companies on Monday (Jun 8), with the boss of the US chipmaker saying that the ongoing memory shortage would persist for "quite a few years".A spokesperson for SK Hynix said group chairm ...
2 days ago
South Korea unveils measures to stem won slide, curb speculation
These include tighter scrutiny of offshore currency derivatives and probes into potentially illegal FX transactions
2 days ago
SIA Engineering, France’s Safran in US$118 million JV for aircraft engine maintenance in Singapore
Ry-Anne Lim - The two will establish a full-fledged shop for maintenance of CFM Leap aircraft engines
2 days ago
British Airways says fare increases more likely after main summer season
Airlines across the world are grappling with higher fuel costs because of the Iran war
2 days ago
With new S$10 million HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth
Paige Lim - Group CEO Ang Kiam Meng is confident that the group’s bottom line will improve in FY2027 as its investments begin to bear...
2 days ago
With new 90,000 sq ft HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth
Paige Lim - Group CEO Ang Kiam Meng is confident that the group’s bottom line will improve in FY2027 as its investments begin to bear...
2 days ago
OpenAI plans ChatGPT ‘superapp’ overhaul ahead of listing, reports FT
Overhaul will give greater prominence and resources to OpenAI’s coding product Codex and is set to roll out in the coming weeks
2 days ago
World’s hottest market South Korea has bulls reaching for protection
Many investors are becoming pickier about where to put new money and keeping cash ready for opportunities elsewhere