1 day ago
Nikkei falls to one-month low as Middle East conflict intensifies
[TOKYO] Japan’s Nikkei share average slipped on Wednesday to its lowest level in a month as investors sold risk assets amid an...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
PARF rebate cuts unlikely to significantly affect COE renewals: Jeffrey Siow
The Acting Minister for Transport estimates that fewer than 2,000 car buyers who had signed sales contracts were affected by the revised car scrapping rebates.
1 day ago
DBS secures principal underwriting licence for China non-financial corporate bonds
Felicia Tan - DBS China has been granted a principal underwriting licence for non-financial corporate bonds by China’s National Association of Financial Market Institutional Investors (NAFMII). According to the bank, this is the most comprehensive licence granted by NAFMII. With it, DBS is now the only Singapor ...
1 day ago
Commercial podium at Tedge relaunched for sale at lower guide price of $13.88 mil
Gerine Tang Yi Qian - A freehold suburban retail podium at Tedge has been relaunched for sale at an indicative guide price of $13.88 million, or about $2,490 psf on strata area, down from the previous guide price of $18 million in 2023. The asset, marketed exclusively by CBRE via an expression of interest (EOI) exercise ...
1 day ago
Panic sweeps South Korean stocks in biggest one-day crash on record
Of more than 800 stocks on the benchmark, only 10 finished in the green
1 day ago
Panic sweeps South Korean stocks in biggest two-day crash since 2008
South Korea is the world’s eighth-largest crude consumer, investors are rethinking overheated equity bets
1 day ago
Stock plunge sparks trading halt in South Korea's key indexes
The Kospi plunged 8 per cent on Wednesday (Mar 4), extending a steep selloff from the previous day as the escalating war in the Middle East rattled investor sentiment.
1 day ago
84-year-old OK Lim’s jail term cut by 4 years to 13.5 years; ‘judicial mercy’ appeal for a day’s jail rejected
Benicia Tan - Judge says defence’s comparison to mercy in Ong Beng Seng’s case was misguided; Ong has been diagnosed with a rare blood cancer
1 day ago
Former oil tycoon OK Lim gets reduced jail term in US$111.7 million case appeal
Benicia Tan - However, the High Court rejects the appeal against his conviction
1 day ago
Former oil tycoon OK Lim granted jail term cut in US$111.7 million case appeal
Benicia Tan - The High Court rejects his appeal against conviction, but allows his appeal against a 17.5 year sentence
1 day ago
Parf rebate reduction not expected to change COE renewal behaviour: MOT
Derryn Wong - Fewer than 2,000 car buyers were affected by the changes, says Acting Minister for Transport Jeffrey Siow in Parliament
1 day ago
Budget 2026: Singapore’s agri-food sector to get S$70 million in second round of government funding
Janice Lim - It will provide co-funding support for local farms to increase capacity and capability for local production
1 day ago
Blackstone's $4 billion New World talks stall over control, Bloomberg News reports
March 4 : Talks between Blackstone and New World Development have stalled as the Cheng family resists giving up control of the Hong Kong property developer, Bloomberg News reported on Wednesday, citing people familiar with the matter.The New York-based private equity firm proposed investing about $2 ...
1 day ago
Blackstone talks on $4 billion New World Deal stall over control, Bloomberg News reports
March 4 : Talks between Blackstone and New World Development have stalled as the Cheng family resists giving up control of the Hong Kong property developer, Bloomberg News reported on Wednesday, citing people familiar with the matter.The New York-based private equity firm proposed investing about $2 ...
1 day ago
Trump escalates confrontation with banks over crypto agenda
Banks oppose provisions that would allow firms such as crypto exchanges to pay yield to users holding stablecoins
1 day ago
Alibaba's Qwen AI division head becomes latest exec to leave this year
BEIJING, March 4 : The head of Alibaba Group's Qwen artificial intelligence model division, Lin Junyang, said on Wednesday he would be stepping down from his role, becoming the third senior Qwen executive to depart this year."Bye my beloved Qwen," Lin wrote in a post on X, without pro ...
1 day ago
Head of Alibaba's Qwen AI division resigns
BEIJING, March 4 : The head of Alibaba Group's Qwen artificial intelligence model division, Lin Junyang, said on Wednesday that he would be stepping down from his role - a move that comes two days after the company released updated products."Bye my beloved Qwen," Lin wrote in a post o ...
1 day ago
Sea shares slump 16.5%; analysts deem drop an ‘overreaction’
Shikhar Gupta - Citi and Maybank Securities say the sell-off ignores company’s strategic logic
1 day ago
Sea shares slump 16.3%; analysts deem drop an ‘overreaction’
Shikhar Gupta - Citi and Maybank Securities say the sell-off ignores company’s strategic logic
1 day ago
Nikkei 225 slips 3.6%, Kospi slumps 12.1% as Asia-Pacific indices tumble on Iran worries
Chloe Lim - Sell-offs in airline counters come amid surging jet fuel prices and flight corridor suspensions
1 day ago
STI drops 2%, Asia-Pacific indexes fall as Iran worries continue to plague markets
Chloe Lim - In Asia, Japan’s Nikkei 225 slips 3.5%, while the Topix falls 3.6%
1 day ago
STI drops 2%, Asia-Pacific indexes slump as Iran worries continue to plague markets
Chloe Lim - [SINGAPORE] Singapore and the wider Asia markets continue to feel the ripple-on effects of US-Israel attacks on Iran on Wednesday (Mar 4).
1 day ago
Q&M Dental set to acquire a Singapore dental group
Chloe Lim - The company intends to buy 100% of the issued share capital of the local dental group
1 day ago
DBS China captures 38% of Panda bond market in 2025; secures principal underwriting license
Deon Loke - Foreign issuers are increasingly tapping China’s bond markets for financing, DBS says
1 day ago
Gold climbs 1% as US-Israeli strikes on Iran fuel safe-haven demand
The US dollar strengthened, making dollar-denominated assets such as bullion more expensive for other currency holders
1 day ago
Oil prices up 1% as Iran crisis disrupts Middle East supply
LONDON, March 4 : Oil prices rose about 1 per cent on Wednesday as U.S.-Israeli strikes on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could escort vessels through the Strait of Hormuz.Brent rose 91 cents, ...
1 day ago
Oil prices rise 3% as Iran crisis disrupts Middle East supply
March 4 : Oil prices rose 3 per cent on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could escort vessels through the Strait of Hormuz.Brent rose $2.67, or 3.3 per cent, ...
1 day ago
Oil rises over $1 as Iran crisis disrupts Middle East supply
March 4 : Oil prices rose more than $1 on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East output and halted exports from the region.Brent rose $1.11, or 1.4 per cent, to $82.53 a barrel, after closing at its highest since January 2025 on Tuesday. U.S. West Texas Intermediate crude ro ...
1 day ago
Prediction market boom finds a new challenger with Asia roots
To compete, Opinion uses a crypto-oriented incentive system that rewards loyal customers for their patronage
2 days ago
China’s cheap money is shaking US$9.5 trillion global loan market
Chinese banks are expanding overseas lending amid weakening domestic credit demand
2 days ago
A shortage of used cooking oil threatens green aviation. Could these Singapore projects help?
Sharanya Pillai - Two Aster-related ventures look at alternative feedstocks, but could face various challenges
2 days ago
Philippines' Jollibee Food's Highlands Coffee evaluates Vietnam IPO
March 4 : Fast-food restaurant operator Jollibee Foods Corp said on Wednesday that its Vietnamese coffee chain, Highlands Coffee, was considering an initial public offering and a subsequent listing in Hanoi.The company, which holds a 60 per cent stake in SuperFoods Group, which owns Highlands Coffee ...
2 days ago
Pump prices in Singapore rise amid widening Middle East conflict
Global energy prices have surged as the US-Israel war on Iran halted exports from the oil-and-gas rich region
2 days ago
Airline, travel industries scramble with fallout from Middle East conflict
Demand for alternatives to Gulf airlines has surged, with bookings and ticket prices jumping