1 day ago
Singapore stocks continue rally; STI up 1%
Jardine Matheson and Yangzijiang Shipbuilding lead the gainers on the blue-chip index, both rising 4.3%
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
China sets sights on heavy truck electrification in blow to diesel demand
The country could move toward electric trucks at an even faster pace than targets indicate
1 day ago
AT&S invests up to €2 billion in Malaysia plan to capitalise on AI boom
VIENNA, June 15 : Austrian circuit board manufacturer AT&S has announced it is investing up to €2 billion ($2.3 billion) in Malaysia to capitalise on the AI boom, sending its shares soaring nearly 30 per cent."We will fully expand our site in Kulim," the company's CEO Michael Me ...
1 day ago
US energy shares slump as Iran deal lowers Hormuz supply disruption risk
June 15 : U.S. energy shares fell on Monday as crude prices dropped after Washington and Tehran agreed terms to end their months-long conflict and reopen the Strait of Hormuz, a vital oil transit chokepoint.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, said t ...
1 day ago
Energy shares fall as Iran deal lowers Hormuz disruption risk
June 15 : U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end the months-long conflict and reopen the vital Strait of Hormuz.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Frida ...
1 day ago
SIA Group passenger traffic rises 4.9% in May
Shikhar Gupta - Singapore Airlines and Scoot carry a total of 3.6 million passengers, a 5.2% year-on-year increase
1 day ago
What's next for SpaceX stock after IPO blastoff
NEW YORK, June 15 : The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk's rocket, internet and AI firm that may bring volatility.Just in the next two months, the sixth-largest U.S. listed company by market value will have a handfu ...
1 day ago
Warsh's debut Fed press conference may reveal his strategy for inflation, rates
WASHINGTON, June 15 : New Federal Reserve Chairman Kevin Warsh has talked at length in recent years about the U.S. central bank's balance sheet, the need to say less about interest rates and why it should not dip into issues like climate change.A Fed press conference on Wednesday, though, will ...
1 day ago
UOB Private Bank appoints Dennis Hong as regional market head for Greater China and North Asia franchise
Felicia Tan - UOB Private Bank has appointed Dennis Hong as its regional market head for its Greater China and North Asia franchise, the bank announced on June 15. Hong, who will be leading the growth and strategic development of the regions, will take on the role officially from September onwards. He will report ...
1 day ago
Analysts mostly lift SGX’s TPs after ‘strong’ May trading stats
Felicia Tan - Analysts are mostly bullish over Singapore Exchange’s (SGX) prospects after the exchange reported a “strong” set of numbers in May. During the month, securities market turnover rose by 70.4% y-o-y to $45.8 billion. Securities daily average value (SDAV) increased by 79.4% y-o-y to $2.4 billion, ...
1 day ago
Billionaire Partners Group founder moves to split family office
Wietlisbach is seeking independence over individual investments, sources said
1 day ago
Foundation Healthcare plans to file Singapore IPO soon: sources
The company is seeking to raise as much as S$500 million in the listing
1 day ago
Foundation Healthcare plans filing Singapore IPO soon: sources
The company is seeking to raise as much as S$500 million in the listing
1 day ago
Scandal-hit KPMG Australia will not bid for new federal work until end-September
State and federal agencies are reviewing their current contracts, private sector clients have also cut ties
1 day ago
Oil settles at three-month low after Trump says deal signed to end Iran war
HOUSTON, June 15 : Oil prices settled down $4 a barrel to a three-month low on Monday after President Donald Trump said the United States and Iran have signed a memorandum of understanding aiming to end the Iran war and reopen the Strait of Hormuz.Brent crude futures settled down $4.16, or 4.76 per ...
1 day ago
Oil falls $4 to three-month low after Trump says deal signed to end Iran war
HOUSTON, June 15 : Oil prices slumped around $4 a barrel to a three-month low on Monday amid a broad selloff after President Donald Trump said the United States and Iran have signed a memorandum of understanding aiming to end the Iran war and reopen the Strait of Hormuz. Brent crude futures fell $4. ...
1 day ago
Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
HOUSTON, June 15 : Oil prices slumped 5 per cent to a three-month low on Monday amid a broad selloff after the U.S. and Iran said they agreed terms to end their war and reopen the Strait of Hormuz. Brent crude futures fell $4.38, or 5.02 per cent, to $82.95 a barrel by 10:54 a.m. EDT (1455 GMT) and ...
1 day ago
Britain announces sweeping social media ban for under-16s
Australia was the first country to ban social media for children under 16
1 day ago
Koh of UOBKH maintains 'buy' on UIBREIT with growing presence in 'high value' aerospace industry
The Edge Singapore - Jonathan Koh of UOB Kay Hian has reiterated his bullish call on UI Boustead REIT for a second time in three weeks, on the premise that the REIT is gaining a distinct edge with its strong presence in the high value, growing aerospace industry. Just last week, Bombardier announced it is spending $100 ...
2 days ago
‘Not just a venue manager’: The Kallang goes all out to court the world’s top concerts and sports events
Lee U-Wen - More are willing to spend on unique, memorable experiences than on physical goods, says chairman Keith Magnus
2 days ago
Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
Researchers interviewed by Reuters said Tesla’s figures are highly misleading
2 days ago
US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026
June 15 : U.S.-based cybersecurity firm N-able Inc plans to expand its India workforce by at least 50 per cent by the end of 2026, targeting the country's deep pool of AI and cybersecurity talent, CEO John Pagliuca said.N-able, which provides IT management, cybersecurity, and data protection so ...
2 days ago
Exclusive-Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
June 15 : In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing.A Reuters examinatio ...
2 days ago
Europe’s Stoxx 600 hits record high after US-Iran preliminary peace deal
A majority of sectors advanced in trading
2 days ago
Hong Kong insurance regulator vows crackdown on rule-breakers
This includes companies that evade recent curbs on broker fees and policy rates
2 days ago
Britain to ban social media for under-16s
LONDON, June 15 : British Prime Minister Keir Starmer said on Monday he would ban social media sites for all under-16s, saying it was needed to protect the wellbeing of children.
2 days ago
China bonds emerge as surprise haven as Iran war reshapes portfolios
Near-zero correlation with Western markets draws foreign buyers
2 days ago
Jobs requiring AI skills command pay premiums in Singapore: PwC
Nurdianah Md Nur - Singapore employers are seeking workers who can use artificial intelligence (AI) in their day-to-day jobs. Such roles accounted for 82% of AI-related job postings last year, outnumbering jobs for AI developers, according to PwC’s 2026 Global AI Jobs Barometer for Singapore. PwC defines AI user job ...
2 days ago
Australia’s ASX admits to misleading on software upgrade, agrees to A$20.5 million penalty
It will also pay A$3 million towards ASIC’s costs in addition to the penalty
2 days ago
What the Iran-US peace deal means for businesses
The agreement offers real economic relief, but the hard work starts now – and companies should remain cautious
2 days ago
Asia’s oil-thirsty economies cautiously welcome US-Iran deal
The deal raises questions on whether Asian countries will return to their pre-war reliance on the strait
2 days ago
Singapore public sector commands highest AI salary premium as job postings surge: PwC study
Shikhar Gupta - The share of artificial intelligence-related listings is up at 5.3% in 2025, from 3.3% the previous year
2 days ago
Musk says SpaceX could bring US$1 trillion in revenue by 2030
However, some Wall Street analysts cautioned about the company’s growth
2 days ago
Inference: The unsung hero of enterprise AI in Asia Pacific
Jay Tuseth - Across Asia Pacific and Japan (APJ), the AI conversation has been dominated by the glamour of model training: building increasingly complex language models, sourcing vast datasets, and running GPU clusters that rival the cost of major infrastructure projects. Yet this is only half the story. The rea ...