1 day ago
US-Iran talks in Switzerland enter Day 2, as tensions surface over Trump’s threats
Iranian delegation refused to return to the room where talks were held after threats became public
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
US-Iran talks in Switzerland enter Day 2 after Trump threats angers Teheran
After Trump’s threats became public, the Iranian delegation refused to return to the room where talks were held
1 day ago
Reclaims Global secures $9.55 mil contract to supply labour and machineries for earthworks
Teo Zheng Long - Reclaims Global (SGX: NEX ) announced that it has been awarded contracts with total aggregate value of arund $9.55 million by various main contractors in the construction industry. These contracts are mainly to supply labour and machineries for earthworks. Barring any unforeseen circumstances, Recla ...
1 day ago
Moderate UK inflation outlook prompts DBS to upgrade ComfortDelGro to 'hold'
The Edge Singapore - Just five weeks after downgrading ComfortDelGro from "hold" to "fully valued", Chee Zheng Feng of DBS Group Research has somewhat reversed his view on the land transport operator and upgraded the stock back to "hold". On May 14, citing worries over higher costs and soft ...
1 day ago
Stocks slip in Asia, oil up on peace doubts
SYDNEY, June 22 : Most share markets slipped in Asia on Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to price in more risk of higher U.S. interest rates.Sterling eased amid reports Prime Minister Keir Starmer was considering his pol ...
1 day ago
Singapore dollar set to gain despite hawkish US Fed: analysts
The nation’s core CPI is projected to rise to 1.6% in May from 1.4% in the previous month
1 day ago
China AI rally broadens as funds move past overvalued first-tier winners to indirect beneficiaries
Jermaine Fok - Second-tier players are moving to the fore as share prices of direct players mature
1 day ago
Gold rebounds from one-week low as Iran cites progress in peace talks
The first round of talks between high-ranking US and Iranian officials in Switzerland ended on Monday
1 day ago
Gold holds decline after Trump warns Iran during peace talks
The near-closure of Hormuz has choked oil and natural gas flows and pushed up energy prices
1 day ago
Asian stocks gain, oil slips as Iran talks progress
SYDNEY, June 22 : Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.Officials from Qatar and Pakistan also released a statement saying the first session of talks had co ...
1 day ago
Stocks steady, oil falls as Iran peace talks progress
SYDNEY/LONDON, June 22 : European stocks and U.S. futures steadied while oil prices dipped on Monday after mediators said progress had been made in U.S.-Iran peace talks, helping calm fears the fragile process to end the war was breaking down.Meanwhile, the pound and UK bonds rose after Prime Minist ...
1 day ago
Stocks waver, oil falls as traders weigh fragile Iran peace talks
SYDNEY/LONDON, June 22 : European stocks and U.S. futures fell slightly while oil prices dipped on Monday after Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the fragile process to end the Iran war was breaking down.Officials from Qatar and ...
1 day ago
Shipping slows after Iran says it has again shut the Strait of Hormuz
Five vessels passed through the strait on Sunday, from 26 ships a day earlier
1 day ago
FJ Benjamin to raise $302,400 by placing out new shares to Richard Eu and Dr Rosslyn Leong
The Edge Singapore - Retailer FJ Benjamin Holdings is raising $302,400 by placing out new shares to two prominent individuals, medical doctor Rosslyn Leong Sou Fong and Richard Eu Yee Ming, better known for fronting his family business Eu Yan Sang. According to FJ Benjamin, which carries brands such as Marc Jacobs, Cole ...
1 day ago
Taiwanese brothers amass US$1 billion from boom in display chips
Himax Technologies products can be found in everything from Lamborghinis to smartwatches, and have turned the duo into billionaires
1 day ago
Why it’s nearly impossible to build a robot without China
The country has been making and installing factory robots at a pace unmatched by any other country
1 day ago
Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot
Jude Chan - Group CEO Greg Hingston believes the insurer can out-compete its multinational rivals
1 day ago
Info-Tech Systems wants to leverage customers’ overseas expansion for future growth
Tay Peck Gek - It wants to follow its customers to expand into Indonesia, the Philippines, Vietnam as this will improve customer stickiness
1 day ago
Healthcare is sector least affected by geopolitical tensions, say CBC Group and GHO Capital after US$21 billion merger
Benjamin Cher - The Singapore and London firms are creating the world’s largest dedicated healthcare investment manager
1 day ago
US startup Databricks to raise Singapore headcount by up to 50% as AI demand grows
Renald Yeo - It has more than 250 employees in the Republic, which serves as its Asia-Pacific and Japan headquarters
1 day ago
Middle East conflict pushes Asia into next phase of energy rethink: Bank of America
Renald Yeo - Governments are reassessing their long-term energy security, which could spur new investments
1 day ago
S&P 500 holds on to bullish momentum amid increasing volatility
AS AT Jun 18, the S&P 500 continued to trade within a strong bullish trend, extending the recovery that began after...
1 day ago
The ‘mass affluent’ are losing their allure for wealth managers navigating AI
Such clients can now get ‘something close to private-banking quality’ from the technology
1 day ago
Oil declines after US-Iran talks conclude in Switzerland
Iran’s foreign minister said his country had secured waivers for oil and petrochemical exports
1 day ago
Oil slips after US-Iran conclude talks in Switzerland
The United Arab Emirates, Kuwait and Iraq have offered more oil to customers in the past week
1 day ago
Oil climbs after fresh trump threat as US-Iran peace talks begin
The Islamic Republic has accused Israel of violating a truce in Lebanon
1 day ago
While the world scrambles for oil, China sits on full tanks
Oil sales to the Asian nation have accounted for 6% or more of the economies of Iran and Russia in recent years
2 days ago
Oil glut bets back in play as crude sinks after US-Iran deal
But the market could turn around and rally again if the agreement were to fall apart
2 days ago
Soaring profits in emerging markets build the case for a raging bull market
Asian tech firms are driving the results, but profits are also improving in other sectors
2 days ago
Ray-Ban heir escalates fight for control of family fortune
LEONARDO Maria Del Vecchio, an heir to the Ray-Ban empire built by his late father, publicly challenged his family’s holding company to...
2 days ago
Aluminium’s war shock blunted by dark transits and Chinese supply
Smelters in Indonesia have also been instrumental in keeping the global market in check
2 days ago
Yoghurt wars: Danone-Chobani clash underscores wider protein battle
LONDON: Danone's lawsuit against Chobani over protein claims makes it clear the French dairy company sees its US rival as a threat in one of the few food groups seeing a boost from weight-loss drug users both during and after they get their GLP-1 fix - yoghurt. Danone, which has struggled to me ...
2 days ago
PE owners tap a hot loan market to pay themselves
Dividend recapitalisations are gaining traction as investors seek any kind of debt offering a floating rate
2 days ago
Private equity owners tap a hot loan market to pay themselves
Dividend recapitalisations are gaining traction as investors seek any kind of debt offering a floating rate