Business Headlines & Singapore Stock Market News

1 day ago

IEA announces record release of strategic stocks in response to Iran war oil price surge

Oil prices rebound as markets doubt IEA’s plan effectiveness

1 day ago

IEA to propose record release of strategic stocks in response to Iran war oil price surge

Oil prices rebound as markets doubt IEA’s plan effectiveness

1 day ago

IEA to recommend record release of strategic oil stocks because of Iran war: sources

Oil prices rebound as markets doubt IEA’s plan effectiveness

1 day ago

IEA proposes largest ever oil release from strategic reserves, WSJ says

G7 says will carefully consider the recommendations

1 day ago

Oil falls on report of IEA proposing biggest oil release ever

Analysts expect prices to remain highly volatile

1 day ago

Oil shrugs potential IEA reserves release, gains on supply worries

March 11 : Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency's reported plan for a record release of oil reserves could offset potential supply shocks from the U.S.-Israeli conflict with Iran. Brent futures traded up $3.52, or 4 per cent, at $91.32 a b ...

1 day ago

Oil prices seesaw as markets weigh IEA reserves release, persistent supply concerns

1 day ago

US oil prices up nearly $3 as Middle East crisis constrains supply

TOKYO, March 11 : U.S. West Texas Intermediate crude oil prices rose by $2.90 per barrel, or 3.5 per cent, to $86.33 in early trade on Wednesday as supplies from the Gulf remain constrained amid the U.S. and Israeli war on Iran.Brent futures start trading at 0100 GMT. WTI rebounded after both contra ...

1 day ago

Meta to acquire Moltbook, viral social network for AI agents

Since debuting in late January, the startup has alternately captivated and unnerved industry watchers

1 day ago

Amazon targeting US$37 billion in bond sale amid AI push

Investor appetite for high-grade corporate debt has been strong

1 day ago

ChatGPT, other AI chatbots approved for official use in US Senate, NYT reports

March 10 : ChatGPT and two other artificial intelligence chatbots have been approved for official use in the U.S. Senate, the New York Times reported on Tuesday, citing a memo.Aides could use Google's Gemini chat, OpenAI's ChatGPT or Microsoft Copilot, all of which are already integrated i ...

1 day ago

British Airways, Lufthansa add Asia flights amid high demand

Europe’s smaller airlines are also taking note

1 day ago

Oracle posts strong cloud sales growth following AI bookings

The company is working to deliver on massive cloud infrastructure contracts with customers

1 day ago

Microsoft backs Anthropic in amicus brief to halt US DOD's 'supply-chain risk' designation

March 10 : Microsoft filed on Tuesday a brief in support of Anthropic's lawsuit asking the court to temporarily block the U.S. Department of Defense's designation of the AI startup as a supply-chain risk.In an amicus brief filing in a federal court in San Francisco, Microsoft backed Anthro ...

1 day ago

Oil dives, settles down 11% after Trump predicts Middle East de-escalation

[NEW YORK] Oil prices plunged by more than 11 per cent on Tuesday, the steepest percentage drop of any session since 2022, a day...

1 day ago

Sembcorp, Keppel could face challenges in wake of Iran attack

Kenneth Lim - Heightened short-term uncertainties could be a time to stick with higher-confidence long-term structural trends

1 day ago

Commentary: What TikTok and Huawei can teach Anthropic

Anthropic has been labelled a supply chain risk by Washington but that's not exactly a death knell, says Catherine Thorbecke for Bloomberg Opinion.

1 day ago

European stocks mark biggest daily jump in months on Gulf de-escalation hopes

EUROPEAN shares marked their biggest one-day jump since April last year on Tuesday as global markets bet that US President Donald Trump...

1 day ago

US stocks: Wall Street closes mixed on ramped-up Middle East tensions

[NEW YORK] US stocks lost steam on Tuesday, with the S&P 500 giving up early gains to skid into negative territory as investors weighed...

1 day ago

Canadian retailer Loblaw investigates data breach

March 10 : Canadian retailer Loblaw said on Tuesday it was investigating a data breach after identifying suspicious activity on a contained, non-critical part of its IT network.The retailer said a criminal third party accessed some basic customer information such as names, phone numbers and email ad ...

1 day ago

Oracle sees AI boom through at least 2027, sending shares up 8%

March 10 : Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8 per cent in extended trading. The results help to allay investor concerns that Oracle's costly multi-billion dollar push into AI computi ...

1 day ago

Oracle beats quarterly revenue estimates on AI-driven demand, shares rise

1 day ago

Applied Materials forges partnerships with Micron and SK Hynix for AI memory chips

March 10 : Applied Materials said on Tuesday it has partnered with memory chip companies Micron Technology and SK Hynix to develop next-generation chips that are crucial for artificial intelligence and high-performance computing.Micron and SK Hynix will serve as founding partners at Applied Material ...

1 day ago

Applied Materials and SK Hynix partner for next-gen AI memory development

March 10 : Applied Materials said on Tuesday it has partnered with SK Hynix to accelerate the development of advanced DRAM and high-bandwidth memory crucial for artificial intelligence and high-performance computing.

1 day ago

LNG Canada ramps up output as Iran war threatens global gas supplies

HOUSTON, March 10 : LNG Canada, a Shell-led venture, has ramped up production and exports to Asia this month, LSEG data show, as the Iran war threatens Asian natural gas supplies which are particularly vulnerable to global disruptions.The LNG project in Kitimat, British Columbia, exported five cargo ...

2 days ago

Oil prices tumble by 15% after Trump predicts Middle East de-escalation

NEW YORK, March 10 : Oil prices plunged by about 15 per cent on Tuesday, a day after soaring to their highest levels since 2022, pressured after U.S. President Donald Trump predicted the war with Iran could end soon, which should minimize oil supply disruptions.Brent futures fell $14.23, or 14.5 per ...

2 days ago

Meta to charge advertisers a fee to offset Europe's digital taxes

March 10 : Meta Platforms will charge advertisers a location fee ranging from 2 per cent to 5 per cent to cover digital service taxes imposed by some countries, the U.S. tech giant said in a post on its website, following in the footsteps of Alphabet's Google and Amazon.The fee, for image or vi ...

2 days ago

Amazon launches healthcare AI assistant on its website, app

NEW YORK, March 10 : Amazon.com will expand access to its healthcare AI assistant for customers using its website and app, aiming to streamline care for over 30 conditions, it said on Tuesday.The artificial intelligence assistant can explain results, connect patients with providers and answer questi ...

2 days ago

Delays with SpaceX's Starship risk NASA moon landing timeline, watchdog says

WASHINGTON, March 10 : SpaceX's Starship has accumulated at least two years of development delays since NASA picked the rocket as an astronaut moon lander in 2021, and is expected to require more time to clear remaining development hurdles before it can put humans on the moon, NASA's inspe ...

2 days ago

Brent to trade above $95 for next two months on Iran war, EIA says

HOUSTON, March 10 : Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies, before falling to around $70 by the end of the year, the Energy Information Administration said on Tuesday in a monthly report.Oil shipments have been largely blocked ...

2 days ago

Brent oil prices to remain above $95/bbl over next 2 months on Mideast conflict, EIA says

HOUSTON, March 10 : Brent oil prices are set to remain above $95 a barrel over the next two months as conflict in the Middle East rages on, the Energy Information Administration said on Tuesday in its monthly short term energy outlook report. Brent crude futures will then fall below $80 a barrel in ...

2 days ago

Rhoda AI raises $450 million at $1.7 billion valuation, unveils robot intelligence platform

March 10 : Rhoda AI on Tuesday said it has raised $450 million in a Series A funding round that values the company at $1.7 billion and unveiled a robot intelligence system it says can handle the unpredictability of industrial environments.Breakthroughs in artificial intelligence models that help rob ...

2 days ago

Mapletree Logistics Trust books provision of RM28.1 million amid ongoing tax dispute in Malaysia

Janice Lim - MLT’s manager says the trust is not expected to be materially impacted by the case, which is before a High Court

2 days ago

G7 energy ministers stop short of strategic reserve decision, ask IEA to study options

IEA to assess oil reserve release options

Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers