Companies & Markets
Singapore stocks close flat on Friday amid cautious calm in Asian markets
Straits Times Index is down 2.9% for the week
MTQ resumes Middle East operations; Vallianz not ‘significantly’ affected
This comes after the US and Israel launched their biggest attacks on Iran in decades on Feb 28
Lufthansa’s 2025 profit beats expectations, but Middle East tension clouds outlook
The airline’s operating profit margin of 4.9% is up from 4.4% a year earlier
Singapore's Aster declares force majeure on disruption in supply of raw materials
[SINGAPORE] Singapore refiner and petrochemical major Aster Chemicals and Energy has declared force majeure regarding supplies, citing a disruption in raw materials because of the Middle East conflict...
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Singapore’s new AI-upskilling push seen as shield against job displacement amid global layoffs
The National AI Impact Programme seeks to train 100,000 workers to be ‘fluent’ in applying artificial intelligence skills in their jobs
Maersk suspends two shipping services due to Middle East crisis
It would halt its FM1 service connecting the Far East to the Middle East and its ME11 service linking the Middle East to Europe
Sats says no ‘material interruption’ to Middle East cargo operations amid Iran conflict
The company provides air cargo handling services and operates facilities in Saudi Arabia and Oman
Pfizer secures China nod for obesity drug as generics loom
Pfizer now enters a field dominated by multinational rivals
SoftBank seeks record loan of up to US$40 billion for OpenAI stake
The size of SoftBank’s bet has spooked market observers
‘The best risk-return wins’: Partners Group eyes Asia private wealth growth amid private credit jitters
The firm, which has ramped up its Asia team, will engage more distribution partners and launch new products to woo investors
