2 days ago
What Singapore needs is not more Reits, but bigger ones: ARA co-founder John Lim
Jude Chan - The local market must move towards consolidation and aggressive global expansion, says the industry veteran
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
OpenAI indefinitely pauses plans to release erotic chatbot, FT says
March 26 : OpenAI has shelved plans to release an erotic chatbot indefinitely as it looks to focus on its core products, according to a report by the Financial Times on Thursday.
2 days ago
South Korea to carry out bond buyback, expand fuel tax breaks to cushion blow from Iran conflict
The bond buyback will be conducted in two tranches, 2.5 trillion won on March 27 and another 2.5 trillion won on April...
2 days ago
US jury verdicts against Meta, Google tee up fight over tech liability shield
March 26 : Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet's Google liable, potentially teeing up an appeals fight that could reshape how U.S. law shields tech companies from lawsuits.In C ...
2 days ago
Singapore stocks falter amid regional declines; STI down 0.3%
Benjamin Cher - The iEdge Singapore Next 50 Index, meanwhile, is up 1.3%
2 days ago
Singapore stocks falter on Thursday, STI falls 0.3%
Benjamin Cher - iEdge Singapore Next 50 Index gains 1.3% or 19.3 points to 1,459.69
2 days ago
Qingjian Realty, joint venture partners top Dover Drive GLS bid with $1,556 psf ppr
Gerine Tang Yi Qian - The 99-year leasehold Government Land Sales (GLS) private housing parcel along Dover Drive attracted six bids at its close on March 26, with the highest offer of $1,556 psf per plot ratio (psf ppr) submitted by Qingjian Realty and joint venture partners Forsea Residence and Jianan Realty Investments ...
2 days ago
Cathay Pacific to hike fuel surcharge by 34% as jet fuel prices surge
Hong Kong's Cathay Pacific Airways said on Thursday (Mar 26) it will hike fuel surcharges by 34 per cent across routes from Apr 1 and review them every two weeks, citing higher jet fuel
2 days ago
Cathay Pacific to hike fuel surcharges by 34% as jet fuel prices surge
The airline's fuel surcharges will now be HK$389 (US$50) for short-haul flights, HK$725 for medium-haul flights and HK$1,560 for long-haul flights.
2 days ago
‘Gold doesn’t always perform in crises’: Sell-off shows liquidity trumps safe-haven appeal
Benicia Tan - Amid the Middle East war, bullion pullback is typical – it does this when uncertainty tips into full-blown crisis
2 days ago
‘Gold doesn’t perform in crises’: Sell-off shows liquidity trumps safe-haven appeal
Benicia Tan - Amid the Middle East war, bullion pullback is typical – it does this when uncertainty tips into full-blown crisis
2 days ago
Gold’s sell-off underscores its role as liquidity avenue in crises
Benicia Tan - Amid the Middle East war, bullion pullback is typical – it does this when uncertainty tips into full-blown crisis
2 days ago
Cybersecurity’s biggest problem is not the threat, but the follow-through
Nurdianah Md Nur - The time between an initial breach and the handoff to a ransomware group has fallen from more than eight hours to just 22 seconds, according to Mandiant, a threat intelligence unit of Google Cloud. That leaves companies with far less time to react and raises questions about whether many incident res ...
2 days ago
Bank of Japan may raise rates by June as Iran war fuels inflation, its ex-top economist says
TOKYO, March 26 : The Bank of Japan is likely to raise interest rates by June, as rising oil costs from the Iran war heightens the chance of being too late in addressing the risk of too-high inflation, its former top economist Seisaku Kameda said on Thursday.Unless the Iran war triggers a severe glo ...
2 days ago
Wall Street bonuses surge 9% to record US$49.2 billion in 2025: NY comptroller
The average bonus climbs 6% to US$246,900
2 days ago
Fuel prices jump 22% in Thailand after subsidies slashed
The increase marks a turning point for Thailand’s long-standing fuel-subsidy regime
2 days ago
Korean Air plans 103 Boeing plane purchases valued at $36.2 billion until 2039
SEOUL, March 26 : South Korean flag carrier Korean Air said on Thursday it plans to buy 103 Boeing planes between 2026 and 2039.That includes 20 B777-9s, 25 B787-10s, 50 B737-10s, and eight B777-8Fs, Korean Air said in a regulatory filing.The purchases are valued at $36.2 billion based on 2025 list ...
2 days ago
Hong Kong bourse plans micro futures on Hang Seng, tech index
Micro futures would offer a cheaper way to hedge or gain exposure to Hong Kong’s key benchmark indexes
2 days ago
Rohm, Toshiba, Mitsubishi Electric to begin power chip integration talks, Nikkei says
TOKYO, March 26 : Japan's Rohm, Toshiba and Mitsubishi Electric will start talks to integrate their semiconductor businesses to form the world's second-biggest power chip group after Infineon, the Nikkei newspaper said on Thursday.The three Japanese chipmakers may announce the start of the ...
2 days ago
Rohm, Toshiba, Mitsubishi Elec to begin power chip integration talks, Nikkei says
TOKYO, March 26 : Japan's Rohm, Toshiba and Mitsubishi Electric will start talks to integrate their power semiconductor businesses that can form the world's second-biggest power chip group after Infineon, the Nikkei newspaper said on Thursday.The three Japanese chipmakers may announce the ...
2 days ago
Tai Sin Electric is powering up ASEAN, benefiting from both construction and data centre boom
Teo Zheng Long - William Tng and Then Wan Lin of CGS International have initiated coverage on Tai Sin Electric (SGX: 500 ) with an “add” call and target price of 74 cents. Tai Sin Electric (Tai Sin) is one of Southeast Asia’s leading cable and wire manufacturers and Distributors. According to both analysts in ...
2 days ago
Google top India counsel quits in latest departure amid regulatory hurdles, sources say
NEW DELHI, March 26 : Google's top India counsel, Bijoya Roy, has resigned after 16 months in the role, two sources said, a high-profile exit in a key market where the U.S. tech giant is facing regulatory hurdles and also lacks a government relations head.India is crucial for Alphabet's Go ...
2 days ago
Fuel supply stable, but Govt keeping watch on need to intervene amid price hikes: Jeffrey Siow
Rising fuel prices impact transport; airlines raised ticket prices, operators offer subsidies
2 days ago
MIA Design Studio exemplifies Vietnam’s cultural identity and environmental sensitivity
City & Country - When MIA Design Studio was established in Ho Chi Minh in 2003, Vietnam’s architecture industry was still in an “early stage of integration” with the global design community, says founder and principal architect Nguyen Hoang Manh. “Most projects were strongly driven by rapid urbanisation and ...
2 days ago
China considers easing bank shareholding limits to boost capital: sources
Rising geopolitical tensions and turbulent global markets are intensifying the push to bolster domestic banks’ balance sheets
2 days ago
Uber, Pony.ai and Verne team up to launch Europe's first robotaxi service in Croatia
March 26 : Uber Technologies has partnered with Pony.ai and autonomous vehicle startup Verne to roll out the first commercial robotaxi service in Europe, with operations set to start in the Croatian capital Zagreb.Under the deal, Chinese robotaxi firm Pony.ai will supply the autonomous driving techn ...
2 days ago
China bars Singapore-based Manus co-founders from leaving country amid Meta deal review: Report
The firm's chief executive Xiao Hong and chief scientist Ji Yichao were summoned to a meeting in Beijing with the National Development and Reform Commission earlier this month.
2 days ago
Safe-haven inflows lift deposits amid Middle East conflict, but risks remain: DBS
Renald Yeo - The bank is responding to queries ahead of its AGM on Mar 31
2 days ago
Mapletree Investments winds down fund as US$1.4 billion student dorm bet sours
Its net internal rate of return by the end of last year was just 1.1%
2 days ago
Cornering the market? Charter yacht operators fear potential price hikes following SUTL’s Keppel Bay acquisition
Derryn Wong - They say proposed purchase will leave them with no practical alternatives for berthing to serve popular charter route
2 days ago
Cornering the market? Charter yacht operators fear price hikes if SUTL acquires Marina at Keppel Bay
Derryn Wong - They say proposed purchase will leave them with no practical alternatives for berthing to serve popular charter route
2 days ago
Equalbase and Sunway's 55-hectare free commercial zone 103° opens in Sunway City Iskandar Puteri
The Edge Singapore - Equalbase and Sunway Group have officially opened 103°, a 55-hectare Free Commercial Zone (FCZ) in Sunway City Iskandar Puteri, Johor. Its first two warehouses, spanning 1.5 million sq ft, are completed and fully leased by international operators, such as DSV, which have already commenced operation ...
2 days ago
BOJ says core CPI excluding special factors up 2.2% in February
TOKYO, March 26 : The Bank of Japan said on Thursday the core consumer price index rose 2.2 per cent excluding special factors in February, releasing the new gauge for the first time in what analysts say is an effort to show underlying inflation on track for further rate hikes.The new index, which s ...
2 days ago
Indonesia may relax production quotas of nickel and coal if prices stay high, minister says
The country is the world’s top exporter of thermal coal and nickel products