1 day ago
UI Boustead Reit opens 8.5% below IPO price amid broader market retreat
Shikhar Gupta - It is the first 2026 mainboard listing, and follows a strong offering pipeline in 2025
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Estee Lauder sues perfumer Jo Malone for breach of contract
US company objects to use of British entrepreneur’s name in her collaboration with Zara.
1 day ago
Hong Kong authorities launch insider trading, corruption probe on brokers, hedge fund
HONG KONG, March 12 : Hong Kong's Securities and Futures Commission said it launched an investigation with city's anti-corruption agency on insider trading and corruption activities. The SFC and the Independent Commission Against Corruption (ICAC) on Monday and Tuesday raided two securitie ...
1 day ago
Airline hedging strategies fall short as jet fuel price surges
Major carriers in the US and China have no hedging contracts in place, leaving them fully exposed to jumps in fuel price
1 day ago
Nomura hires FX traders in Asia on bet high volatility to drive demand
Demand for the debt has been growing as global asset managers increase allocations
1 day ago
Should investors ‘buy the dip’? How to invest as volatility rises amid Iran crisis
Chloe Lim - Analysts say it’s too early to do so, and recommend blue chips, gold, safe-haven currencies and selected industries
1 day ago
Temasek Shophouse’s outdoor community space to open March 14
Jovi Ho - Social impact hub Temasek Shophouse will open its new outdoor community space to the public on March 14, nearly six months after the official opening of the main building. The new outdoor space supports biodiversity while creating accessible spaces for environmental learning and public participation ...
1 day ago
Asian banks pause Gulf lending drive on mounting risks from war
Some banks from Japan, Greater China and Singapore are also reviewing their pipelines and existing exposures
1 day ago
Anthropic seeks appeals court stay of Pentagon supply-chain risk designation
March 12 : Anthropic on Wednesday sought a stay from a U.S. appeals court after the Pentagon said the company was a supply-chain risk, pending a judicial review of the case, adding that the designation could cost it billions of dollars in lost revenue. Anthropic's latest request comes after a w ...
1 day ago
Anthropic seeks court stay of Pentagon supply-chain risk designation
March 12 : Anthropic asked a U.S. appeals court on Wednesday for a stay of the Pentagon's designation of the company as a supply-chain risk under a broader law, pending judicial review of the case.In a filing with the U.S. Appeals for the D.C. Circuit, Anthropic said the Pentagon's decisio ...
1 day ago
Seatrium continues assets divestment, fast-tracks P-78 into full-operational readiness
Lin Daoyi - In bourse filings on Mar 9 and 11, Mainboard-listed Seatrium has announced the successful divestments of Karimun Yard located on Karimun Island, Indonesia, and Crescent Yard in Singapore. The divestments are part of Seatrium’s strategy to enhance operational efficiency, unlock value and achieve co ...
1 day ago
MUFG, State Bank of India sign pact to boost cross border deals
In addition to mergers, the partnership will focus on sectors including aviation and real estate finance
1 day ago
Frasers Hospitality to spend S$140 million on refurbishing four assets in gateway cities
Chong Xin Wei - This will add more keys to the hotels and improve operational efficiency
1 day ago
‘Stealth’ Pokemon hit boosts Nintendo Switch 2 momentum sentiment
[TOKYO] Nintendo said on Thursday (Mar 12) it has sold more than 2.2 million copies of Pokemon Pokopia in the four days...
1 day ago
Asia’s LNG buyers hunker down for Middle East war lasting months
Although prices have pulled back from a peak of about US$25 last week, they are still 80% higher than before the conflict...
1 day ago
Allianz, Sun Life are said to weigh bids for HSBC Life Singapore
Considerations are ongoing and the companies might decide not to proceed, while other bidders could also emerge, according to sources
1 day ago
Fuel switch incident, surging fuel prices put Air India’s turnaround under fresh test
Rising fuel costs amid escalating Middle East tensions are compounding its challenges
1 day ago
US to release 172 million barrels of oil for IEA relief plan
Crude, petrol, diesel and jet fuel prices have climbed dramatically since the US and Israel began their military campaign against Iran on...
1 day ago
US dollar hovers near 2026 highs as oil’s rise spurs hawkish central bank bets
Oil prices are expected to remain volatile
1 day ago
US opens new unfair-trade probes to rebuild Trump's tariff pressure
Singapore is among the US' trading partners subject to the excess capacity probe. The US said it found that Singapore had excess global capacity in semiconductors despite a trade deficit.
1 day ago
Taiwan fund assets seen rising 36% to $968 billion on ETF boom, TSMC strength
TAIPEI, March 12 : Total assets under management in Taiwan’s investment fund industry are expected to grow by more than a third to T$30 trillion ($968 billion) within the next three years, the chairman of Taiwan's investment fund industry association said in a recent interview. The forecast r ...
1 day ago
Taiwan fund assets expected to rise to T$30 trillion: industry executive
TAIPEI, March 12 : Taiwan’s investment fund industry is on the verge of an aggressive expansion, with total onshore and offshore assets under management (AUM) expected to surge to T$30 trillion ($968 billion) within the next three years, the chairman of Taiwan's investment fund industry assoc ...
1 day ago
Samsung Display CEO warns of cost pressure due to oil shock from Iran war
SEOUL, March 12 : The CEO of Samsung Display, a supplier for Apple and Samsung Electronics, said on Thursday the Iran war and surging oil prices threaten to drive up costs of energy and raw materials. Samsung Display President & CEO Chung Yi said rapidly rising oil prices are adding to the tech ...
1 day ago
Hong Kong authorities raid two brokers and a hedge fund in crackdown on insider trading
HONG KONG, March 12 : Hong Kong authorities said on Thursday they had launched an insider trading probe into two brokerages and a hedge fund, arresting eight people in its biggest crackdown on the financial industry in recent years.The announcement didn't name the firms but brokerage Guotai Jun ...
1 day ago
Mapletree acquires Dutch logistics asset, divests 25-asset US East Coast portfolio
Felicia Tan - Mapletree Investments has acquired Park 15, a newly completed 30,817 sqm (about 331,711 sq ft) logistics development in the Arnhem-Nijmegen metropolitan area in Oosterhout (Gelderland), the Netherlands. The group entered into the forward purchase agreement with VDG Real Estate for Park 15 in January ...
1 day ago
PayPay, SoftBank raise US$879.8 million in payments firm’s US IPO
As at December, the number of digital payment users exceeds 72 million in a country of roughly 123 million
1 day ago
Nissan, Uber, Wayve unveil robotaxi tie-up
The vehicles will operate on Uber’s platform in the initial phase, with a trained safety driver in the cars
1 day ago
Revolut gets full UK banking licence after years-long wait
The London-based financial services firm will now take on Britain’s incumbent banks
1 day ago
Singapore court raises damages payout for investors burned by Do Kwon’s Terraform collapse
Tessa Oh - But it upholds ruling that those who held TerraUSD past May 12, 2022, were speculating and not relying on misrepresentations
1 day ago
JPMorgan says hedge funds hit by worst drawdown since April
HEDGE funds are experiencing the biggest drawdown since the Liberation Day tariff turmoil, as unwinds in crowded trades punish the fast-money cohort,...
1 day ago
Gold falls as traders weigh fading rate-cut bets and rising oil
Now entering its 13th day, the US-Israeli war with Iran continues to disrupt oil production and refining across the Middle East
1 day ago
'Stealth' Pokemon hit boosts Nintendo Switch 2 momentum sentiment
TOKYO, March 12 : Nintendo said on Thursday it has sold more than 2.2 million copies of "Pokemon Pokopia" in the four days since launch as the game's popularity helps offset fear about Switch 2 sales momentum.Industry observers have fretted that the Switch 2 lacks high-profile games t ...
1 day ago
Private credit exodus forces caps at Cliffwater, Morgan Stanley
Private credit funds focused on retail investors are typically required to offer quarterly repurchases of their shares
1 day ago
SGX’s February performance hits highest securities daily average value in six years
Deon Loke - The local bourse’s SDAV surges 45% on the year to S$2.1 billion