1 day ago
Singapore car rental company and customer end up in court over alleged unpaid deposit
Derryn Wong - Charlotte Vehicle says the statements are ‘false and misleading’
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Singapore car rental company and customer end up in tribunal over alleged unpaid deposit
Derryn Wong - Charlotte Vehicle says the statements are ‘false and misleading’
1 day ago
Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
March 17 : Citigroup cut its 12-month forecast for bitcoin and ethereum, citing slow U.S. legislative progress that narrows the window for regulatory catalysts expected to boost ETF-driven demand and broader institutional adoption.Progress on U.S. crypto market-structure legislation has stalled in t ...
1 day ago
Seatrium adopts Workday to streamline global workforce operations
Nurdianah Md Nur - Seatrium is turning to Workday to streamline its workforce management and improve decision-making across its global operations. The Singapore-headquartered offshore and marine engineering group will use Workday’s Human Capital Management platform to gain real-time workforce insights, improve data ...
1 day ago
Johor Regent’s Holland Road land could yield up to 200 homes, including GCBs: analysts
Jovi Ho - A proposal by the Regent of Johor (ROJ) Tunku Ismail Sultan Ibrahim to redevelop land parcels at Holland Road for residential uses could yield up to 200 low-rise, low-density homes — Good Class Bungalows (GCB) included, says Marcus Chu, CEO of ERA Singapore. The “highly exclusive” GCBs represe ...
1 day ago
NCS, Nvidia to drive sovereign agentic AI adoption in regulated sectors
Nurdianah Md Nur - NCS is deepening its partnership with Nvidia to accelerate the deployment of agentic AI (or systems capable of making decisions and acting on their own) for organisations that require stringent security and data sovereignty controls. It is integrating its AI platforms — including Sunshine.AI, Vide ...
1 day ago
Indonesian central bank holds rates steady, as expected
JAKARTA, March 17 : Indonesia's central bank kept its policy rates unchanged on Tuesday, as expected, amid uncertainty about the impact of war in the Middle East on Southeast Asia's largest economy. Bank Indonesia held the benchmark 7-day reverse repurchase rate at 4.75 per cent, as had be ...
1 day ago
Edible oils caught between weak demand and biodiesel bets, says analyst Mistry
MUMBAI, March 17 : Global edible oil markets are behaving unpredictably as energy supply disruptions from the Middle East war lift hopes for biodiesel demand, though subdued buying from major importers has clouded the price outlook, industry veteran Dorab Mistry said."Wartime market behaviour i ...
1 day ago
Britain sets rules for final phase of fibre broadband roll-out
LONDON, March 17 : Britain said on Tuesday it would regulate BT Openreach's national broadband network for another five years, with a price cap on a wider range of speeds, to drive competition and extend fibre connections to the final fifth of the country's premises.The competitive framewo ...
1 day ago
Thailand seeks Russian crude, to hike domestic diesel prices
1 day ago
Vietnam firms vie for crypto licences as Hanoi plans ban on overseas trading
HANOI, March 17 : Vietnamese companies are competing to launch the country's first licensed cryptocurrency exchanges as the government moves to curb trading on overseas platforms in one of the world's most active crypto markets.Hanoi plans to roll out a pilot scheme for locally run digital ...
1 day ago
PhillipCapital's Chew raises target price for TeleChoice to 27.5 cents on growth prospects of mobile devices logistics
The Edge Singapore - TeleChoice International has reported FY2025 earnings inline with the expectations of Paul Chew of PhillipCapital. However, with growth momentum in its main mobile device distribution segment - named personal communication solutions, or PCS, and as it is managing to turn around its smaller managed s ...
1 day ago
China clamps down on key route to Hong Kong IPOs after deal boom
Most Chinese-related entities need to file with the China Securities Regulatory Commission before listing in the city
1 day ago
BYD, adidas on board as new sponsors of Singapore’s national marathon in December
Lee U-Wen - Previous title sponsor StanChart is the event’s official bank with naming rights to the 10 km category
1 day ago
Leapmotor expands Stellantis alliance, posts first profit
Closer collaboration will offer the Chinese electric carmaker more global opportunities
1 day ago
Some Singtel customers affected by connectivity issues; telco says latest incident unrelated to recent outage
This comes after Singtel on Monday experienced a more than eight-hour disruption to its network.
1 day ago
Senior bankers quit Wall Street jobs for corporate roles in Asia
The talent squeeze is being further tightened by intensifying poaching from rivals and a rising demand for qualified IPO sponsors
1 day ago
Middle East oil becomes most expensive in the world as war cuts supply
Several Asian refiners have reduced operating rates
1 day ago
Freehold landed residential plot within Opera Estate enclave for sale at $25 mil
Gerine Tang Yi Qian - A prime freehold landed redevelopment residential plot nestled within the Opera Estate enclave has been launched for sale at a guide price of $25 million or $1,435 psf on land area. The Upper Changi property sits on a freehold land parcel of approximately 17,413 sq ft zoned for “two-storey mixed l ...
1 day ago
ST Engineering, Addvalue Tech to benefit from higher defence spending: Maybank
Chloe Lim - Addvalue is also a ‘rare Asian space/drone play in rapid growth mode’, say analysts
1 day ago
US government confirms Tesla and LG Energy Solution's $4.3 billion battery deal
WASHINGTON, March 16 : The U.S. government on Monday said electric vehicle maker Tesla and South Korea's LG Energy Solution had signed a supply agreement to build a $4.3 billion lithium iron phosphate (LFP) prismatic battery cell manufacturing facility in Lansing, Michigan, with an expected pro ...
1 day ago
Emirates flying near-empty jets to Dubai as locals depart
Flights from destinations in the US and continental Europe have been impacted the hardest
1 day ago
Single-storey factory at 151 Gul Circle up for sale at $18 mil
Jovi Ho - A single-storey factory at 151 Gul Circle, situated within the Gul industrial precinct in Singapore’s western region, is being offered for sale for $18 million via private treaty. That is the address of Saurer Components, which focuses on textile machinery. Positioned on a substantial land area of ...
1 day ago
Asean’s tourism sector could contribute to region’s sustainable aviation fuel development, says Airbus
Janice Lim - This is relevant for the region, considering that a few countries have consistently been ranked among the top global travel destinations
1 day ago
Founder of SC Capital Partners acquires wellness-focused hospitality platform Fusion Hotel Group
Samantha Chiew - Suchad Chiaranussati has acquired Fusion Hotel Group, a leading wellness-inspired hospitality brand and management company based in Ho Chi Minh City. Chiaranussati is the founder and chairman of SC Capital Partners, as well as the owner of Hotel Management Japan (HMJ), one of Japan’s largest hotel ...
1 day ago
Gold steady as investors await central bank decisions, weigh Middle East risks
The surge in oil prices and the risk of higher inflation have prompted markets to scale back expectations for global central bank...
1 day ago
Final freehold office floor at 108 Robinson Road for sale at $16.2 mil
Gerine Tang Yi Qian - The final available floor at the 12-storey freehold 108 Robinson Road has been launched for sale at a guide price of $16.2 million, translating to approximately $3,725 psf. The strata office in the Central Business District (CBD) sits on an approximately 4,348 sq ft site along the Robinson Road corr ...
1 day ago
Tennessee minors sue Musk's xAI, alleging Grok generated sexual images of them
1 day ago
Samsung workers’ strike plan would disrupt chip supply, union chief says
The company union is seeking a 7% increase in base wages
1 day ago
Singapore sea freight companies hit with 50% fuel surcharge; war insurance premium also jacking up costs
Tay Peck Gek - One firm had to reroute cargo of used car parts to Dubai via India, raising the shipping cost five times
1 day ago
Sea cargo shipping is saddled with a host of surcharges
Tay Peck Gek - These range from emergency fuel costs to war risk premiums
1 day ago
SK Group chairman says wafer shortage to last until 2030, trying to stabilise memory prices
SK Hynix is the main high-bandwidth memory supplier to Nvidia
1 day ago
US dollar firms on war uncertainty; Aussie wobbles after RBA
HONG KONG, March 17 : The safe-haven U.S. dollar rose on Tuesday as the rapidly worsening war in the Middle East weighed on investor sentiment, while the Australian dollar wobbled in choppy trading after the central bank chief sent the market hawkish signals following a close vote to raise interest ...
1 day ago
Aussie dollar eases as RBA hikes rate; currencies drift on war uncertainty
HONG KONG, March 17 : The Australian dollar weakened on Tuesday after the country's central bank raised rates, though a close vote led traders to reduce bets on further tightening, while the U.S. dollar drifted as traders weighed developments in the Iran war.As expected, the Reserve Bank of Aus ...