1 day ago
China’s Hengli seeks West African, Middle Eastern oil after US sanctions: sources
Hengli said in late April it would seek a legal path for removal from the sanctions list
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
ECB set for ‘insurance hike’ as Iran war fans eurozone inflation
Inflation in the 21-country currency bloc is already above 3 per cent
1 day ago
ECB set for ‘insurance hike’ as Iran war fans euro zone inflation
Inflation in the 21-country currency bloc is already above 3 per cent
1 day ago
Alibaba, JD.com shares slide after Beijing slams price-cut promotions
The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts
1 day ago
JPMorgan doubles private bankers in Singapore team to top 50
The US bank also offers private banking services in Hong Kong and Australia in Asia
1 day ago
India's TCS partners with Anthropic to drive enterprise AI scaling
June 11 : India's Tata Consultancy Services has partnered with Anthropic to launch an alliance to drive enterprise AI scaling, the country's largest software services exporter said on Thursday.The partnership comes at a time when investors are concerned that AI tools will disrupt the tradi ...
1 day ago
DBS to offer tokenised physical gold to retail customers
SINGAPORE: DBS Group, Singapore's biggest bank by assets, said on Thursday (Jun 11) it will offer tokenised physical gold to retail customers as demand for the precious metal grows and the country
1 day ago
Singaporeans and PRs can now open OCBC Malaysia business accounts with Singpass
Jermaine Fok - The bank says applicants can complete identity authentication digitally as part of the process
1 day ago
Five areas to watch as renewed US-Iran hostilities rattle global markets
Shikhar Gupta - Capital is rotating into defensive, domestically oriented equities, including healthcare and consumer services
1 day ago
South Korea fines Coupang record 624.7 billion won for data leak
The e-commerce giant is widely popular in the country and is based in the US
1 day ago
BOJ governor Ueda’s absence fuels market nerves over rate meeting
Ueda is expected to miss the BOJ’s meeting and will refrain from casting a vote
1 day ago
Analysis:Japan governance reforms set to prise open $1.8 trillion cash hoard
TOKYO, June 11 : Proposed revisions to Japan's governance code that stress the need for efficient use of cash have raised expectations among investors that corporate hoarders will start to mobilise their $1.8 trillion money mountain.The revisions, to be finalised in the summer, could see compan ...
1 day ago
South Korea fines Coupang $409 million in country's largest data breach penalty
SEOUL: South Korea hit e-commerce giant Coupang with a record US$408 million fine on Thursday (Jun 11) over a leak that allegedly exposed more than 30 million customers' data and has provoked the ire of US lawmakers.Coupang, the country's largest online retail platform, signalled in a stat ...
1 day ago
Indonesia’s Danantara eyes US$1 billion bond sale in test of investor appetite
Investor bids for those bonds exceed US$1.5 billion as of the Asian afternoon
1 day ago
Indonesia’s Danantara launches global US dollar bond, eyes US$1 billion, sources say
The offering is getting underway after investors pulled billions of US dollars from the nation’s stocks so far this year
1 day ago
Danantara starts bond sale in test after Indonesian sell-off
The offering is getting underway after investors pulled billions of US dollars from the nation’s stocks so far this year
1 day ago
Indonesia wealth fund Danantara starts bond sale in test after Indonesian sell-off
The offering is getting underway after investors pulled billions of US dollars from the nation’s stocks so far this year
1 day ago
DBS to launch tokenised physical gold for retail customers in Singapore
Benicia Tan - It is also exploring plans to list the token on the DBS Digital Exchange
1 day ago
DBS to offer tokenised physical gold for Singapore customers
Felicia Tan - DBS has expanded its gold offerings to include tokenised physical gold to its customers in Singapore. The move comes amid growing demand as well as a push to strengthen Singapore’s status as a global gold trading hub, says the bank in a June 11 statement. Gold prices reached an all-time high of US ...
1 day ago
DBS launches tokenised physical gold for retail customers in Singapore
Benicia Tan - It is also exploring plans to list the token on the DBS Digital Exchange
1 day ago
Stripe moves head of global product to Singapore to drive Asia-Pacific growth
Lionel Lim - Abhinav Tiwari also sees an opportunity to be part of Singapore’s development of stablecoin payments
1 day ago
Thai long bonds draw funds with steepest curve in emerging Asia
Yields on the nation’s 10-year bonds have retreated from an over one-year high of 2.4% touched last month
1 day ago
OCBC enables Singpass for Singaporeans to open business account with OCBC Malaysia
The Edge Singapore - OCBC has announced that Singaporeans and Singapore permanent residents (PRs) can use their Singpass to open business accounts with OCBC Malaysia via its website. OCBC Malaysia can remotely authenticate the business owners via their Singpass as part of the account opening requirement. This brings the ...
1 day ago
Oracle’s AI spending blows past estimates, raising worries over growing debt
Analysts highlight investor concerns over rising debt and negative free cash flow
1 day ago
Stocks fall as tensions flare up with new US attacks on Iran
Latest US strikes have injected more volatility into global markets and threaten to further crimp oil supplies
1 day ago
Asian stocks pare losses as US completes Iran attack
STOCKS pared their losses and oil trimmed its gain after the US military said it has completed its latest strikes in Iran.
1 day ago
OpenAI, Visa team up to let AI agents make purchases online
ChatGPT is the best-known artificial intelligence platform among consumers
1 day ago
OpenAI considers drastic price cuts, anticipating war for users with Anthropic, WSJ reports
June 10 : OpenAI is considering drastically reducing the prices it charges users as it seeks to win customers from its competitor Anthropic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.The company might lower prices for tokens, the central unit for gauging A ...
1 day ago
Bed growth drives visibility: DBS Group Research initiates coverage on Centurion Corp at ‘buy’
Teo Zheng Long - A group of DBS Group Research analysts Derek Tan, Geraldine Wong and Ng Jia Hui have initiated coverage on Centurion Corporation (SGX: OU8 ) , citing how the growth in bed counts will help drive growth visibility at the diversified living-sector accommodation provider. As at end-March, Centurion own ...
1 day ago
Peace hopes steady Europe ahead of expected ECB rate hike
LONDON, June 11 : Europe's markets firmed on Thursday as reports of ongoing peace talks between the U.S. and Iran nudged oil prices down ahead of what is widely expected to be the first European Central Bank interest rate hike in nearly three years. The pan-European STOXX 600 and the euro both ...
1 day ago
Stocks drop, oil rises as Iran worries traders
HONG KONG: Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday (Jun 11), following a rollercoaster week for markets that has sent shivers through trading floors.Investors took a little heart from closely watched data Wednesday ...
1 day ago
Stocks drop, oil rises as Iran and rate worries traders
HONG KONG: Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday (Jun 11), following a rollercoaster week for markets that has sent shivers through trading floors.Investors took a little heart from closely watched data Wednesday ...
1 day ago
Shares retreat as techs extend losses, US strikes on Iran lift oil
SINGAPORE: Asian stocks fell on Thursday (Jun 11), weighed down by a Wall Street selloff after a hotter-than-expected US inflation reading, while renewed US strikes on Iran fuelled a rise in oil prices.MSCI's broa
1 day ago
Air India Ahmedabad crash report to miss one-year deadline with engine probe pending
The crash on Jun 12, 2025, killed 260 people in the world’s deadliest air disaster in a decade