GSK sees blockbuster potential in targeted cancer therapy after promising early data
[LONDON] British drugmaker GSK’s experimental targeted cancer drug Mo-rez has blockbuster potential, its head of oncology research has told reporters, after early...
Hedge fund money is reshaping a 180-year-old insurance model
Allocations to catastrophe bonds and other insurance-linked securities popular among hedge funds and institutional investors are rising, says Aon
Trump says US to start blockading the Strait of Hormuz immediately
[WASHINGTON] US President Donald Trump on Sunday (Apr 12) said the US Navy would immediately start blockading the Strait of Hormuz and...
UK financial regulators rush to assess risks of Anthropic’s latest AI model, FT reports
April 12 : UK financial regulators are holding urgent talks with the government's cyber security agency and major banks to assess risks posed by the latest artificial intelligence model from Anthropic, the Financial Times reported on Sunday.Officials at the Bank of England, the Financial Conduc ...
UK regulators rush to assess risks of latest Anthropic AI model, FT reports
April 12 : British financial regulators are holding urgent talks with the government's cyber security agency and major banks to assess risks posed by the latest artificial intelligence model from Anthropic, the Financial Times reported on Sunday.Bank of England, Financial Conduct Authority and ...
China's Chery looking to expand car production in Europe, top executives say
It prefers to use existing production capacity instead of investing in a new assembly plant
Can Kin Productions’ IPO hit the right pitch in Singapore’s event tourism boom?
Ranamita Chakraborty - Its move into arts and culture reflects a broader strategic shift that began in 2024 when it established a design-and-build services unit
Tengah Garden Residences draws some ‘1,300 groups of people’ over preview weekend
Jovi Ho - Hong Leong Holdings’ 863-unit Tengah Garden Residences drew about 1,300 groups of people over its April 11-12 preview weekend, according to a Hong Leong spokesperson. The project marks the first private residential development with retail amenities in Tengah New Town. Jointly developed by Hong Leo ...
India forex regulator criticises banks’ rupee arbitrage trades
The regulator rebuke banks for transferring arbitrage trades from their books to corporate clients
SGX needs companies, new listings relevant to global investors for its next phase of growth
Ben Paul - If the new dual-listing bridge attracts companies that fail to perform, it may erode rather than enhance the vibrancy of the Singapore...
Saudi Arabia restores full capacity on East-West oil pipeline to 7 million bpd after attacks
The kingdom did not specify who launched the attacks
Real estate, industrial STI constituents have among the youngest CEOs
Jean Low - Long-serving individuals can bring valuable continuity, institutional memory and stakeholder trust
Latest STI CEO appointees younger than past cohorts, but renewal focuses on capabilities, not youth
Jean Low - Long-serving individuals can bring valuable continuity, institutional memory and stakeholder trust
Two supertankers make U-turn in Hormuz as US-Iran peace talks in Pakistan break down
TWO empty supertankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf on Sunday (Apr 12),...
Malaysia faces ‘critical period’ for fuel by June, minister says
The government is taking steps to diversify its fuel sources and strengthen ties with major trading partners
Higher electricity prices for Singapore businesses as retailers raise rates, tariff climbs amid Iran war
Elysia Tan - Beyond costs, firms are increasingly facing procurement and risk management issues, observers say
Philippines asks Facebook to curb fake news, warns of legal move
Facebook is accused of spreading “false and panic-inducing content” on its platforms
BOJ policy to boost yen could be an option to curb inflation, Japanese minister says
[TOKYO] Bank of Japan monetary policy could be an option to tame rising prices by boosting the yen, Japan’s trade minister said...
Land half the size of Marina Bay expected to be reclaimed as part of Greater Southern Waterfront
Reclamation works are expected to be carried out at the Keppel and Tanjong Pagar terminals after they relocate to Tuas around 2027
US-Iran peace talks end without agreement, delegations leave Pakistan
No change in Hormuz as long as US does not agree to a ‘reasonable deal’, Iran media quotes informed source as saying
No US peace deal with Iran after Teheran did not accept terms: Vance
No change in Hormuz as long as US does not agree to a ‘reasonable deal’, Iran media quotes informed source as saying
ST Engineering licenses Poland's Niewiadów for 40-mm grenade production
The Edge Singapore - Singapore Technologies Engineering has licensed an ammunitions manufacturer in Poland to produce 40-mm grenades for the European market. Last October, the Niewiadów Polish Military Group announced plans to spend PLN 67.4 million, or $23.7 million, to build new production capabilities for 40-mm ammu ...
Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge
The Hong Kong-based airline will cancel about 2 per cent of its scheduled passenger flights from May 16 to Jun 30, 2026.
Fuel shortages from Iran war threaten Asia’s biggest food staple
The near-closure of the Strait of Hormuz has choked a vital route for fertiliser and fuel deliveries
Tata Group chair tells workers Air India faces challenging time
The airline’s recovery has been slowed by integration costs after the merger with Vistara
Middle East war to cut growth, deliver cascading impact, World Bank chief says
The crisis has sent the price of oil up by 50%
Hermes sticks with plan to raise output even as war sours mood
The company’s leather-goods plants are all in France and typically employ about 260 artisans
Japan approves additional 631.5 billion yen for chipmaker Rapidus
The support is part of the government’s efforts to boost domestic production of advanced semiconductors and strengthen chip supply chains
US likely to extend Russian oil waiver to temper Iran war shock: sources
Oil prices have spiked since the start of the war due to the partial closure of the Strait of Hormuz
Japan approves additional $4 billion for chipmaker Rapidus
TOKYO, April 11 : Japan's industry ministry said on Saturday it has approved an additional 631.5 billion yen ($3.96 billion) to accelerate research and development at chipmaker Rapidus.The support is part of the government's efforts to boost domestic production of advanced semiconductors a ...
Tesla’s supervised self-driving software gets Dutch okay, first in Europe
Other carmakers have introduced ‘hands-free’ driving technology on select highways and at limited speeds, mostly in Germany
China moves to ban sulphuric acid exports as Iran war hits supply
Prices have already surged in Chile, which buys over one million tonnes of Chinese sulphuric acid every year
Big US banks set to temper bond sales after strong 2026 debut
Sales will occur after the six firms release first-quarter results
Italy’s UniCredit says no plans to liquidate Russian business
CEO Andrea Orcel has said Italy’s second-largest lender will not damage its shareholders by exiting Russia at a loss
