2 days ago
Asian airlines maintain AI investments despite budget cuts due to Iran war oil shock
Shikhar Gupta - Carriers such as Scoot, Thai Airways see digital infrastructure and AI as existential needs
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
‘Reliability, stability and transparency’ key to Singapore’s response to geopolitical shocks: Edwin Tong
Jermaine Fok - Law Minister says Singapore, as a small country, feels global tremors acutely more than most
2 days ago
‘Cash is king’: Asian airlines hoard liquidity to survive worst oil shock since 1980s
Shikhar Gupta - Carriers are reducing non-essential capital and operational expenditures to maintain liquidity
2 days ago
Swiss banks to test possible uses for Swiss franc stablecoin
ZURICH, April 8 : Six Swiss banks have joined forces to test potential uses for a Swiss franc-pegged stablecoin in Switzerland, UBS said on Wednesday, as lenders grapple with the growing stablecoin industry and the wider growth of cryptocurrencies.Jointly with the company Swiss Stablecoin AG, the Sw ...
2 days ago
Swiss banks to test use cases for Swiss franc stablecoin
ZURICH, April 8 : Six Swiss banks have joined forces to test potential use cases for a Swiss franc stablecoin in Switzerland, banking giant UBS said on Wednesday.Jointly with the company Swiss Stablecoin AG, the banks are launching a secure digital live environment, a so-called sandbox, to explore w ...
2 days ago
What does the transfer of Singtel discounted shares mean for investors; should they sell or hold?
Therese Soh - BT looks into what analysts have to say on its market impact, and how investors may respond
2 days ago
Iata chief says jet fuel supply could take months to recover after Hormuz reopening
Airlines across Asia have been cutting flights
2 days ago
IATA warns replenishing jet fuel supplies could take months even if Hormuz reopened
The director general of IATA likened the situation to other shocks such as the downturns of 2008-09 or the aftermath of the Sep 11 attacks.
2 days ago
Asian LNG prices set to fall after US, Iran agree to ceasefire
The Strait of Hormuz has been mostly shut since the war broke out
2 days ago
BYD leads Thai auto show bookings as fuel prices surge
Local market leader Toyota places second while slew of other Chinese electric brands also dominate rankings
2 days ago
BYD leads record Thai auto show bookings as fuel prices surge
The Middle East conflict is pushing up oil prices
2 days ago
India’s central bank holds rates as Iran war upends economic outlook
[MUMBAI] The Reserve Bank of India kept its key policy rate unchanged on Wednesday (Apr 8) as it awaits clearer evidence of...
2 days ago
Japan bankruptcy cases seen rising as Iran conflict lifts costs, think tank says
TOKYO, April 8 : Japan saw corporate bankruptcy cases rise for the fourth straight year in fiscal 2025 and may see further increases from around summer this year as surging costs from the Middle East war squeeze profits, a private think tank said on Wednesday.Total bankruptcy cases in fiscal 2025, w ...
2 days ago
Japan business mood worsens, bankruptcies seen rising as Iran war lifts costs
TOKYO: Japan saw corporate bankruptcy cases rise for the fourth straight year in fiscal 2025 and may see further increases from around summer this year as surging costs from the Middle East war squeeze profits, a private think tank said on Wednesday (Apr 8).A separate government survey also showed b ...
2 days ago
Grab unveils new products powered by AI for merchants, consumers
Benjamin Cher - CEO says the company is moving into ‘hardware’ to tackle issues in the physical world that software cannot fix
2 days ago
Grab announces a slew of new products; doubles down on AI
Benjamin Cher - The products launched are focused around consumers, travel and merchants
2 days ago
Grab unveils 13 AI-powered solutions for businesses, consumers, travellers
Benjamin Cher - CEO says the company is moving into ‘hardware’ to tackle issues in the physical world that software cannot fix
2 days ago
SK Hynix shares jump 15% after peer Samsung projects blowout earnings
SEOUL, April 8 : Shares of South Korean chipmaker SK Hynix surged on Wednesday after peer Samsung Electronics forecast market-beating quarterly earnings, fuelling expectations about SK Hynix's results.Samsung Electronics on Tuesday projected its first-quarter operating profit would jump more th ...
2 days ago
SK Hynix shares jump 15% after Samsung flags blowout results
SEOUL, April 8 : Shares of South Korean chipmaker SK Hynix surged on Wednesday, after peer Samsung Electronics forecast stronger-than-expected earnings for the first quarter, fueling expectations about SK Hynix's results. Samsung Electronics on Tuesday projected its first-quarter profit would j ...
2 days ago
Local executive search firm hunting for CEO to lead S-REIT IPO this year
Jovi Ho - A local executive search firm is on the lookout for a CEO to lead a REIT towards listing on the Singapore Exchange (SGX) this year. According to a job posting published April 8 on Tri-Cap Consulting’s website, the CEO of the REIT manager will have to drive “the application and listing process” ...
2 days ago
Trump says US will help with traffic buildup in Strait of Hormuz
A temporary halt in fighting and the reopening of Hormuz allow Middle Eastern exporters to ship significant volumes of oil
2 days ago
Grab announces 13 AI-powered features at GrabX 2026 to deepen role as ‘everyday guide’
Felicia Tan - Grab Holdings unveiled 13 artificial intelligence (AI)-powered features at its annual product showcase GrabX 2026 on April 8, as the Southeast Asian superapp looks to deepen its role in users’ daily lives and expand its services across travel, payments and merchant tools. Speaking at the event in ...
2 days ago
Jet fuel prices will take months to stabilise, airline CEOs say
The threat of supply shortages in some regions has forced some airlines to reduce services
2 days ago
UOBKH raises Yangzijiang Shipbuilding target price to S$4.75 on Seaspan stake
Deon Loke - It will acquire a 10% stake in Poseidon, the holding company of Seaspan, for US$825.7 million
2 days ago
Shipowners eye Hormuz ceasefire window for 800 trapped vessels
The near-closure of the vital waterway for weeks has created an unprecedented global energy supply crunch
2 days ago
TikTok to build a second billion-euro data centre in Finland
The country has become a magnet for data centres
2 days ago
Sony Pictures Entertainment cuts hundreds of jobs in TV, film
The industry has faced a series of setbacks exacerbated by the pandemic
2 days ago
CBRE said to explore strategic options for 410-key Hyatt Regency Da Nang
Jovi Ho - CBRE is working with a fund managed by Ares Management Corporation to explore “strategic options” for the Hyatt Regency Da Nang Resort and Spa, according to an April 8 announcement by the commercial real estate services and investment firm. The Ares fund, which acquired the asset in 2022, is “ ...
2 days ago
Philippine carriers suspend more Middle East flights amid war
The government has said that it can intervene to help airlines secure jet fuel
2 days ago
Local fintech startup HomePay looks to bring greater security to Singapore’s renovation industry
Jermaine Fok - Its mobile app reduces the risk of scams by protecting homeowners through an escrow-payment system
2 days ago
Exclusive-TikTok to build a second billion-euro data centre in Finland
HELSINKI/STOCKHOLM, April 8 : TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as it moves data storage for European users to the continent, company officials said on Wednesday.The announcement comes as TikTok's Chinese parent B ...
2 days ago
Jervois Hill GCB up for sale at $80 mil
Jovi Ho - A Good Class Bungalow (GCB) at Tanglin Estate along Jervois Hill is up for sale at $80 million, or $5,263 psf on an estimated land area of 15,199 sq ft. Perched on elevated grounds, the freehold GCB was built and completed in 2007. There are a total of six en-suite bedrooms: two on the first level, ...
2 days ago
New Zealand holds rates at 2.25%, warns of risks to inflation and growth from Iran war
[WELLINGTON] New Zealand’s central bank kept its policy rate at 2.25 per cent on Wednesday (Apr 8) for a second straight meeting,...
2 days ago
New Zealand central bank holds cash rate at 2.25%, adopts cautious stance amid Iran war
[WELLINGTON] New Zealand’s central bank held its benchmark official cash rate at 2.25 per cent on Wednesday (Apr 8), as policymakers opt...