Companies & Markets
Saudis raise Asia oil to record premium as war upends market
The conflict is forcing a shift in oil flows as the vital Strait of Hormuz remains largely shut
S&P 500, Nasdaq open higher as investors weigh Mideast resolution hopes
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Monday (Apr 6) after the indexes marked their biggest weekly jump in four months in the last session, while investors assessed prospects of an en...
BlackRock plans challenger to Invesco’s US$374 billion crown jewel
The iShares Nasdaq 100 ETF would follow the technology-heavy index and trade under the ticker IQQ
Nam Cheong bags RM102.5 million in vessel charter contracts
This brings the group’s long-term coverage to 69%, just shy of its 70% target
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JPMorgan CEO Jamie Dimon warns Iran war may drive inflation and interest rates higher
Dimon highlights major risks, citing wars in Ukraine and the Middle East alongside China tensions
Iran war pressures Singapore’s tech sector to focus on energy efficiency, diversification
Current operations of semiconductor and data centre players are largely unaffected due to existing contracts and inventory buffers
Prime US Reit signs 40,000 sq ft lease at Class A office building in Colorado
The 11-year lease with S&P Global will take the building’s committed occupancy to 80% from 63%
Singapore stocks rise amid mixed regional showing; STI up 0.5%
Across the broader market, gainers beat losers 297 to 140, after 985.7 million securities change hands
Singapore businesses prefer government aid to offset Iran war costs: SCCCI poll
About 61% also want better access to low-interest working-capital loans
Indonesia to let airlines increase fuel surcharges as aviation costs soar
Aviation fuel prices have surged about 70% in the country, triggered by the Iran war