2 days ago
Trump tells aides he is willing to end Iran war without reopening Hormuz, WSJ reports
US PRESIDENT Donald Trump told aides he is willing to end the military campaign against Iran even if the Strait of Hormuz...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Light industrial building within Leng Kee automotive cluster for sale at $49 mil
Jovi Ho - A modern six-storey standalone light industrial building at 1 Chang Charn Road is up for sale via an expression of interest exercise at a guide price of $49 million by sole marketing agent ETC. The six-storey building within the Leng Kee automotive cluster has an existing gross floor area of approxi ...
2 days ago
BOK governor nominee says flexible monetary policy needed amid Iran war
SEOUL, March 31 : Shin Hyun-song, nominee for the governor of Bank of Korea, said on Tuesday that the central bank needs "flexible" monetary policy to deal with rising risks from the Iran war. Shin said at a meeting with reporters that the current level of the Korean won was not concerning ...
2 days ago
Yeo's lays off 25 employees at Singapore's Senoko facility
The Singapore food and beverage company says it is consolidating can manufacturing to Malaysia.
2 days ago
Oil whipsaws as traders weigh Iran de-escalation report against prolonged Hormuz closure
NEW DELHI, March 31 : Oil prices were little changed on Tuesday as investors weighed the possibility of U.S. President Donald Trump ending the Iran war against supply shocks from a prolonged closure of the Strait of Hormuz, a key artery for global oil flows.Brent crude futures for May were up 18 cen ...
2 days ago
Oil down 1% after report says Trump open to ending campaign against Iran
NEW DELHI, March 31 : Oil prices reversed course in Asian trading on Tuesday, paring earlier gains, following a report that U.S. President Donald Trump told aides he is willing to end the Iran war without reopening the Strait of Hormuz. Brent crude futures for May were down $1.22, or 1.08 per cent, ...
2 days ago
Oil rises for a fourth day on supply cuts from widening Middle East conflict
BENGALURU, March 31 : Oil prices rose for a fourth day on Tuesday, with Brent crude poised for its largest monthly gain on record and U.S. crude futures set for their strongest monthly increase since 2020, because of supply constraints from the widening Middle East war.Brent crude futures for May ro ...
2 days ago
Yeo Hiap Seng cuts 9% of Singapore headcount as it moves canning operations to Malaysia
Therese Soh - 25 affected staff were informed of the layoffs in a closed-door briefing on Tuesday; Singapore remains 100-year-old group’s headquarters
2 days ago
Yeo Hiap Seng cuts 25 Singapore staff as it moves canning operations to Malaysia
Therese Soh - Staff were informed of the layoffs in a closed-door briefing on Tuesday
2 days ago
Adjoining ground-floor strata shophouses at 28, 30 Dickson Road for sale at $9 mil
Jovi Ho - Two adjoining strata-titled shophouses at 28 and 30 Dickson Road are up for sale via an expression of interest exercise at a guide price of $9 million by exclusive marketing agent Huttons Asia. With an estimated strata area of 111 and 113 sqm respectively, totalling 2,411 sq ft, the guide price work ...
2 days ago
Australian $240 billion pension fund snaps up Japanese, European stocks and UK bonds
SYDNEY, March 31 : Australia's No.2 pension fund has increased its global equities, Australian and British bond investments, some of the world's most sold-off asset classes, in the past month to take advantage of financial market volatility created by the Iran war.The Australian Retirement ...
2 days ago
Singapore’s medical cost inflation set to hit record 16.9%; insurers’ body urges collective action
[SINGAPORE] With medical cost inflation in Singapore projected to hit a record high of 16.9 per cent in 2026, the Life Insurance Association...
2 days ago
Samsung SDI to lend $1.05 billion to Stellantis JV StarPlus Energy
SEOUL, March 31 : South Korea's Samsung SDI said it plans to lend 1.6 trillion won ($1.05 billion) to StarPlus Energy, its battery joint venture with Stellantis.The company said in a regulatory filing that the loan would be used to fund capital investment.Last month, Bloomberg reported that Ste ...
2 days ago
Chinese cars can’t cross from Canada to US, Trump’s envoy says
THE US won’t allow Chinese electric cars from Canada to enter its market, President Donald Trump’s ambassador in Ottawa said, after a...
2 days ago
Stock to watch: OUE Limited
Therese Soh - [SINGAPORE] The following company saw new developments that may affect trading of their securities on Tuesday (Mar 31):
2 days ago
Japan February factory output falls 2.1% month-on-month
TOKYO, March 31 : Japan's factory output was down 2.1 per cent in February from the previous month, matching the median market forecast, government data showed on Tuesday.Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to rise 3.8 per cent ...
2 days ago
Core inflation in Tokyo stays below BOJ's target in March
TOKYO, March 31 : Core consumer prices in Tokyo rose 1.7 per cent in March from a year earlier, data showed on Tuesday, staying below the central bank's 2 per cent target for a second straight month as the effect of fuel subsidies offset rising costs from a weak yen.Analysts expect the slowdown ...
2 days ago
Australia readies social media court action citing teen ban breaches
SYDNEY, March 31 : Australia threatened on Tuesday to sue social media giants for allegedly flouting a ban on under-16s, as its internet regulator disclosed it is investigating some of the biggest platforms for suspected non-compliance with the world-first measure.Three months after the ban came int ...
2 days ago
Florida to rename Palm Beach airport after Trump
FLORIDA Governor Ron DeSantis signed legislation on Monday to rename the Palm Beach International Airport after Donald Trump, the latest in a...
2 days ago
Asean airports, airlines face capacity test as Gulf conflict diverts passenger traffic
Shikhar Gupta - Changi and Suvarnabhumi absorb Europe-Asia passenger overflow, straining resources amid jet shortages
2 days ago
Iran’s real weapon is the world economy
Missiles, drones, mining threats and selective maritime disruption can be enough to make insurers, traders, shipowners and governments reprice risk
2 days ago
Price hikes, outlook cuts: What various airlines are doing as fuel costs surge
A SURGE in jet fuel prices driven by the US-Israeli war on Iran has upended the global aviation industry, forcing airlines to...
2 days ago
Unilever imposes global hiring freeze, citing Middle East war effects, memo says
The freeze comes on top of an existing cost-cutting programme it has had in place since 2024
2 days ago
Commentary: The oil market is moving into demand destruction mode
If the Iran war continues and oil reserves are drained, policymakers may have to use emergency tools to curb energy use, says Javier Blas for Bloomberg Opinion.
2 days ago
Brent eyes record monthly rise; US crude settles above US$100 as Houthis join Iran war
[NEW YORK] Oil prices closed higher on Monday, with Brent heading for a record monthly rise, while US crude futures settled above US$100 a...
2 days ago
European stocks edge higher; Middle East jitters temper relief
EUROPEAN shares kicked off the week on a stronger footing as utilities and media stocks climbed, but analysts warned that any reprieve could...
2 days ago
US stocks: Wall Street indexes end mostly lower as investors weigh Middle East conflict outlook
US STOCKS ended mostly lower on Monday as US President Donald Trump’s new warning to Teheran and a widening of the Middle East...
2 days ago
Trading Day: Growth fears snowball
2 days ago
Big Tech sports broadcast rights could imperil US local TV news, stations argue
March 30 : Major broadcast station owners said on Monday that U.S. regulators should address the trend of Big Tech companies acquiring the rights to broadcast football, baseball and other sporting events, saying it could weaken local TV news.Major broadcast companies filed comments with the Federal ...
2 days ago
Big Tech sports broadcast rights could imperil US local TV news, stations say
March 30 : Major broadcast station owners on Monday said U.S. regulators should address the trend of Big Tech companies acquiring the rights to broadcast football, baseball and other sporting events, saying it could weaken local TV news.Fox Corp said free TV viewers could eventually lose access to t ...
2 days ago
SpaceX's Starlink loses contact with satellite, says no threat to space missions
March 30 : SpaceX's Starlink said one of its satellites had an anomaly on-orbit on Sunday, leading to a loss of communications with the spacecraft at roughly 560 km (347.97 miles) above Earth, though the event does not pose a risk to key missions.The event comes just ahead of the potential Apri ...
2 days ago
European, African oil market gets tighter as Asia buys more
LONDON, March 30 : The European and African oil market is showing more signs of tightness with some crude differentials hitting record highs as peak summer demand nears and Asia seeks supplies to fill shortages caused by Iran's blocking of the Strait of Hormuz, now into its fifth week. The Iran ...
2 days ago
Italy data protection agency fines Intesa Sanpaolo $36 million over data breach
MILAN, March 30 : Italy's data protection authority said on Monday it had fined the country's biggest bank Intesa Sanpaolo 31.8 million euro ($36.41 million) over a data breach case that involved some 3,500 customers over two years.According to the agency's investigation, an Intesa em ...
2 days ago
Iran war is dimming outlook for many economies, IMF says
‘All roads lead to higher prices and slower growth,’ economists say