News
Competition watchdog seeks public feedback for Zuellig Pharma-Eli Lilly deal
8+ hour, 30+ min ago (313+ words) [SINGAPORE] The Competition and Consumer Commission of Singapore (CCS) has launched a public consultation regarding a deal for Zuellig Pharma to acquire the local rights to the prescription erectile dysfunction medication, Cialis, from US pharmaceutical major Eli Lilly. The commission…...
Singapore biotech Mirxes misses 2025 results deadline as auditors probe vendor payments
5+ hour, 38+ min ago (366+ words) Trading in company's shares is suspended until its results are published [SINGAPORE] Local biotech company Mirxes has missed its mandatory deadline to publish full-year 2025 results after auditors flagged concerns over a "selected list of prepayments" to service providers and vendors....
Stocks to watch: ST Engineering, Nio, Yangzijiang Shipbuilding, China Everbright Water
19+ hour, 22+ min ago (170+ words) Stocks to watch: ST Engineering, Nio, Yangzijiang Shipbuilding, China Everbright Water'The Business Times Stocks to watch: ST Engineering, Nio, Yangzijiang Shipbuilding, China Everbright Water ST Engineering : It announced on Wednesday that its marine business has secured a six-year subcontract valued…...
US set to roll out tiered tariffs on steel, aluminum imports
19+ hour, 11+ min ago (534+ words) Tariffs will be shifted from content to the full value of the imported product THE Trump administration is preparing to outline a tiered system for its broad tariffs on steel and aluminum products in an attempt to simplify a process…...
US mortgage rates march higher to seven-month high of 6.57%
1+ day, 6+ hour ago (156+ words) The rate has surged nearly half a percentage point, the biggest advance since 2024 [WASHINGTON] US mortgage rates climbed for a fourth straight week, rising to the highest since August and denting refinancing and home purchase activity." The group's index of…...
‘No definitive decision’ made for YZJ Maritime to pursue capital market activities in Hong Kong: CEO
1+ day, 5+ hour ago (399+ words) Yangzijiang Shipbuilding also says it has no plans for equity fundraising transactions outside Singapore Ren was responding to statements he had made in an interview with online shipping news publication Tradewinds, for an article published on Tuesday. Ren was reported…...
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1+ day, 7+ hour ago (11+ words) Thailand seeks more LNG from Malaysia, energy officials say'The Business Times...
Asean manufacturing faces slowdown amid rising costs linked to Middle East conflict
1+ day, 10+ hour ago (514+ words) S&P Global's Asean manufacturing PMI falls to 51.8 in March, from 53.8 a month earlier [JAKARTA] Manufacturers in South-east Asian economies are beginning to feel the strain from rising costs and supply chain disruptions, a consequence of the ongoing US-Israeli war…...
Singapore plays neutrality card to vault central bank gold, elevate bullion hub status
1+ day, 9+ hour ago (775+ words) [SINGAPORE] Singapore is leaning on its neutrality to attract central bank gold flows as it pushes to build a regional gold trading hub, but analysts say the real test will lie in whether it can generate enough liquidity to sustain…...
South-east Asia’s robust Brazilian fuel oil imports ease war-fuelled supply concerns
1+ day, 11+ hour ago (460+ words) Spot premiums for bunker fuel in Singapore have eased back to pre-war levels [SINGAPORE] Brazilian fuel oil imports in South-east Asia jumped in March, shipping data showed, easing concerns of tight marine fuel supply this month after the US-Israeli war…...