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
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
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...
2 days ago
CK Hutchison’s Panama unit files arbitration against Maersk over ports takeover
The Panama Canal are at the centre of a legal battle that has embroiled Beijing and Washington
2 days ago
With more cost of living support, CGSI raises target price for Sheng Siong to $3.40
The Edge Singapore - Citing the expected boost from government measures to help citizens deal with higher cost of living, CGS International has raised its target price for Sheng Siong Group from $2.97 to $3.40. On April 7, the government announced that $500 in CDC vouchers per household originally planned for Jan 2027 w ...
2 days ago
Jervois Hill GCB on the market for S$80 million
Deon Loke - Transactions in the enclave are infrequent, real estate agency Huttons says
2 days ago
FTSE keeps Indonesia’s market status amid ongoing reforms
The country has carried out a series of initiatives to address MSCI’s concerns
2 days ago
Vietnam says FTSE Russell's emerging market status confirmation is a significant milestone
HANOI, April 8 : Vietnam's stock market regulator said on Wednesday that FTSE Russell's confirmation of Vietnam's emerging market status is a significant milestone, with authorities expecting the long-awaited upgrade to help draw more foreign investment into the Southeast Asian econom ...
2 days ago
Nikkei surges as oil prices slide on signs of Mideast ceasefire
[TOKYO] Japan’s Nikkei share average surged more than 4 per cent on Wednesday as signs of a ceasefire in the Middle East...
2 days ago
STI jumps over 1%, Asia stocks soar following US-Iran ceasefire agreement
Therese Soh - STI rises 1.2% at market open, buoyed by Singapore bank gains
2 days ago
Pimco weighs US$14 billion debt deal for Oracle data centre
Bank of America has spent months trying to assemble the financing for Related Digital, the developer behind the project
2 days ago
Kasikornbank enables Grab QR cross-border payments for Thai travellers
Shikhar Gupta - The blockchain-powered infrastructure will enable real-time transactions for customers in Singapore
2 days ago
Levi Strauss lifts annual forecasts as strong demand cushions tariff hit
Its stock has risen about 45 per cent over the past 12 months
2 days ago
Bank of Korea to hold rates at 2.50% as war-driven uncertainty persists: Reuters poll
BENGALURU, April 8 : The Bank of Korea will keep its key interest rate unchanged at 2.50 per cent on Thursday and for the rest of the year, a Reuters poll forecast, as policymakers assess the impact of the Iran war on domestic cost pressures.Since the start of the U.S.-Israeli strikes on Iran, oil p ...
2 days ago
Gold extends gains as Trump pauses Iran attacks for two weeks
Gold, which started the year on a strong note, has fallen more than 8 per cent since the Iran war began on Feb 28.
2 days ago
Stock to watch: PSC Corporation
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 8):
2 days ago
Elon Musk seeks removal of OpenAI CEO Sam Altman as trial looms
ELON Musk is seeking to have OpenAI chief executive officer and board member Sam Altman removed from his roles at the artificial...
2 days ago
CK Hutchison's Panama unit files arbitration against Maersk over ports takeover
PANAMA CITY, April 7 : Hong Kong-based conglomerate CK Hutchison's Panama unit has launched an arbitration against Maersk after the takeover of two strategic ports near the Panama Canal which are at the center of a legal battle that has embroiled Beijing and Washington.In a statement, Panama Po ...
2 days ago
CK Hutchison's Panama unit to seek arbitration over Maersk ports takeover
PANAMA CITY, April 8 : Hong Kong-based conglomerate CK Hutchison's Panama business said it would seek arbitration over Maersk's takeover of two strategic ports near the Panama Canal, which are at the center of a legal battle between Beijing and Washington.Panama Ports Company (PPC) - which ...
2 days ago
Gold climbs after Trump agrees to two-week ceasefire in Iran
Now in its sixth week, the war in the Middle East has driven a spike in energy prices and raised inflationary risks
2 days ago
Central banks’ concern over rising geopolitical tensions surges: survey
Almost 70 per cent of banks surveyed ranked geopolitics as their top risk
2 days ago
China and Russia veto UN resolution on protecting Hormuz shipping
Oil prices have surged since the US and Israel struck Iran at the end of February
2 days ago
US crude futures fall $12.04 to $100.90/bbl after Trump announces two week ceasefire
PERTH, April 8 : U.S. West Texas Intermediate crude oil fell more than $12 per barrel in early trade on Wednesday after U.S. President Donald Trump said he had agreed to a ceasefire with Iran.WTI crude dated for May delivery fell $12.04 or 10.66 per cent, to $100.90 per barrel as of 2251 GMT.The ann ...
2 days ago
US crude slumps below US$100 after Trump announces two-week ceasefire
PERTH: US West Texas Intermediate crude fell by nearly US$20 per barrel on Wednesday (Apr 8) after US President Donald Trump said he had agreed to a two-week ceasefire with Iran that was subject to the immediate and safe reopening of the Strait of Hormuz.WTI crude for May delivery fell US$18.10, or ...
2 days ago
Crude prices plunge and stocks surge after US, Iran ceasefire announcement
The US-Israeli war with Iran saw the steepest monthly oil price rise in history in March, at more than 50 per cent.
2 days ago
A formal ‘say on pay’ may be more effective than better disclosure
This gives shareholders the right to vote on executive pay to ensure it actually aligns with performance
2 days ago
No longer ‘boilerplate’: Force majeure provisions under fresh scrutiny, say Singapore lawyers
Benicia Tan - Granular provisions are replacing broad, generic language in this ‘unloved’ section of contracts
2 days ago
US and Iran agree to ceasefire hours before Trump deadline
The deal buys time for the two sides to reach a longer agreement to end the six-week-old war
2 days ago
Trump says he has agreed to suspend ‘bombing and attack of Iran’ for two weeks
Pakistan has been a mediator between Washington and Tehran
2 days ago
Relief in the streets as US, Iran agree to a 2-week truce
[WASHINGTON/DUBAI/TEL AVIV/BEIRUT] The US and Iran agreed to a two-week ceasefire brokered by Pakistan, suspending a six-week-old war that has killed thousands,...
2 days ago
US and Iran agree to truce; Iranian official says strait could open in time for talks on Friday
[WASHINGTON/DUBAI/TEL AVIV/BEIRUT] The United States and Iran agreed to a two-week ceasefire brokered by Pakistan, suspending a six-week-old war that has killed...
2 days ago
US crude futures fall $4.45 or 3.94% to $108.50/bbl on open
PERTH, April 8 : U.S. West Texas Intermediate crude oil fell in early trade on Wednesday, roughly two hours ahead of U.S. President Donald Trump's deadline for Iran to open the Strait of Hormuz.WTI crude dated for May delivery fell $4.45, or 3.94 per cent, to $108.50 per barrel as of 2216 GMT. ...