3 days ago
Supermarket and minimart chain Hao Mart faces fifth High Court lawsuit
It recorded a loss of S$49.6 million for the financial year ended March 31, 2025
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
3 days ago
Australian shares extend losses on Middle East jitters, banks and miners top drag
The index is now less than 450 points away from a technical correction
3 days ago
DBS, OCBC, UOB push STI to new highs as institutions pile in ahead of earnings
Shikhar Gupta - STI rises as much as 1% to 5,424.02 points as DBS breaches S$70 mark
3 days ago
DBS, OCBC, UOB push STI to new highs as institutions pile in ahead of earnings, dividend announcements
Shikhar Gupta - The Straits Times Index rises as much as 1 per cent to 5,424.02 points as DBS breaches S$70 mark
3 days ago
Asian shares wobble as oil jumps on renewed Gulf hostilities
MSCI’s index of Asia-Pacific shares outside Japan has reversed earlier gains and was off 0.5% as the chipmakers’ rally cooled
3 days ago
Asian shares rise as chips rally, brent advances after renewed US-Iran tensions
The MSCI Asia Pacific Index climbs 0.5%; South Korean and Japanese shares rise
3 days ago
Dollar drifts with oil; Gulf tensions, Fed minutes in focus
LONDON, July 9 : The dollar backed off this week's highs on Thursday as the U.S. and Iran carried out renewed attacks, despite a spike in oil prices that rekindled concerns about inflation and boosted expectations the Federal Reserve could soon raise interest rates.Minutes on Wednesday from the ...
3 days ago
Dollar follows oil lower; Gulf tensions, Fed minutes in focus
HONG KONG/LONDON, July 9 : The dollar eased slightly from this week's highs on Thursday as the U.S. and Iran carried out renewed attacks, despite a spike in oil prices that rekindled concerns about inflation and boosted expectations the Federal Reserve could soon raise interest ratesMinutes on ...
3 days ago
Dollar stands tall as new Gulf attacks fuel oil price surge, Fed hike bets
HONG KONG, July 9 : The U.S. dollar held firm against most major currencies on Thursday as renewed attacks by the U.S. and Iran revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure.The dollar fetched 162.425 yen, hovering near the strongest ...
3 days ago
Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets
HONG KONG, July 9 : The U.S. dollar held firm against most major currencies on Thursday as renewed Gulf tensions revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure.The dollar fetched 162.41 yen, hovering near the strongest level since Jul ...
3 days ago
AIMS APAC REIT to acquire freehold industrial property in Perth, Australia for A$42.7 mil
Teo Zheng Long - AIMS APAC REIT (AA REIT) (SGX: O5RU ) announced that it has entered into a contract of sale with an unrelated third party to acquire the property located at 398 Bushmead Road and 286 Stirling Crescent, Hazelmere, Western Australia, comprising two adjoining freehold land plots. The total acquisition ...
3 days ago
Indonesia's Pertamina, Boeing sign MoU on sustainable aviation fuel development
JAKARTA, July 9 : Indonesian state energy firm Pertamina said it has signed a memorandum of understanding (MoU) with U.S. planemaker Boeing to explore opportunities in developing a sustainable aviation fuel (SAF) industry in the country.Here are some key details:• The agreement aims to support Ind ...
3 days ago
Oil prices fall as markets weigh impact of US strikes on Iran
(Refiles to fix typo in headline to "fall" from "fell")By Anushree MukherjeeJuly 9 : Oil prices fell on Thursday as markets assessed the impact of fresh U.S. strikes on Iran, which could hinder progress on talks to end their war and allow for the full reopening of the key Strait ...
3 days ago
Oil prices little changed as markets weigh impact of US strikes on Iran
July 9 : Oil prices were little changed on Thursday as markets assessed the impact of fresh U.S. strikes on Iran, which could hinder progress on talks to end their war and allow for the full reopening of the key Strait of Hormuz.Brent crude futures rose 6 cents, or 0.1 per cent, to $78.08 a barrel b ...
3 days ago
Oil rises after US launches fresh strikes on Iran
July 9 : Oil prices rose more than 1 per cent on Thursday after the U.S. carried out fresh strikes on Iran, denting hopes for talks to end their war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.Brent crude futures rose 86 cents, or 1.1 ...
3 days ago
Oil rises after US launches fresh strikes against Iran
BEIJING, July 9 : Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.Brent crude futures rose 78 cents, or 1 per cent to ...
3 days ago
Gold’s epicentre is shifting to Asia, with prices buoyed by regional demand: analysts
Benicia Tan - It is set to trade near US$4,100 an ounce in H2, unless new factors such as a weaker US dollar push it...
3 days ago
Malaysia may hold policy rate, signal upcoming hike as AI boosts economic growth
Malaysia’s GDP grew 5.4% in the first quarter of this year, above expectations
3 days ago
Japan benchmark bond yield extends rise after hitting 30-year high
TOKYO, July 9 : The benchmark 10-year Japanese government bond yield hit a 30-year high on Thursday, driven by concerns over inflation from renewed tensions in the Middle East and Japan's fiscal health, while a five-year JGB auction was relatively firm as expected.The 10-year JGB yield rose 3.5 ...
3 days ago
Japan benchmark bond yield hits 30-year high on inflation, fiscal health concerns
TOKYO, July 9 : The benchmark 10-year Japanese Government Bond (JGB) yield hit a 30-year high on Thursday, as rising oil prices rekindled inflation concerns and investors remained wary of Japan's fiscal health.Here are a few details: • The 10-year JGB yield rose 1.5 basis points (bps) to 2.88 ...
3 days ago
Stocks to watch: SGX, Aims Apac Reit
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 9):
3 days ago
Aims Apac Reit to acquire Perth freehold industrial property for US$29.6 million
Shikhar Gupta - Assuming the deal is fully funded by debt, the acquisition is expected to be distribution accretive
3 days ago
NCS's new AI playbook targets hidden costs holding back AI returns
Nurdianah Md Nur - NCS is putting cost control at the centre of its new AI Playbook, arguing that companies risk burning through artificial intelligence (AI) budgets unless they manage model use, data quality and safety from the start. It is pitching the playbook to companies trying to move AI from pilots into daily o ...
3 days ago
NCS targets healthcare AI scale with IHH, NHG partnerships
Nurdianah Md Nur - NCS is expanding its healthcare artificial intelligence (AI) work through new agreements with IHH Healthcare and NHG Health. With IHH Healthcare, NCS will establish a Joint AI Centre of Excellence to co-develop and deploy AI solutions across IHH’s network. The work is aimed at clinical excellence, ...
3 days ago
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Questions are emerging about the chipmaker duo’s heavy AI investment
3 days ago
US judge approves Elon Musk settlement with SEC despite misgivings, ‘red flags’
The judge asked why the SEC dropped its demand for Musk to give up ill-gotten gains to compensate his alleged victims
3 days ago
Fed policymakers’ inflation concerns grew at June meeting, minutes show
Market reaction to the release of the minutes was muted
3 days ago
US states could sue next week to block Paramount-Warner Bros deal, sources say
July 8 : U.S. states concerned that Paramount's $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two sources familiar with the matter told Reuters.The sources did not specify the type of competition that the states were c ...
3 days ago
Oil settles at multi-week high as US-Iran truce buckles under fresh hostilities
Trump ruled out the restart of full-fledged war with Iran
3 days ago
US military says it is carrying out fresh strikes on Iran, after Trump says accord is ‘over’
Trump, however, said he did not expect a return to full-fledged war
3 days ago
Oil rises more than a dollar per barrel as US launches fresh strikes against Iran
NEW YORK, July 8 : Oil prices rose more than a dollar a barrel in post-settlement trade on Wednesday after the U.S. military began launching fresh strikes on Iran.Both crude benchmarks had settled at their highest in over two weeks after U.S. President Donald Trump threatened fresh strikes against I ...
3 days ago
European shares post worst day since March; Trump threat rattles Spanish stocks
Trump called Madrid a “terrible partner”
3 days ago
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
July 8 : Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings, wagering regulatory scrutiny will eventually curb the threat posed by prediction markets.Burry said ...
3 days ago
US stocks: S&P 500 ends down after Trump says Iran deal is ‘over’
The IMF lowered its 2026 global growth forecast to 3%