Paragon’s medical suites, Orchard Road location key factors in S$3.9 billion sale: Analysts
With a third of Paragon’s lettable floor space for office and medical tenants, the mall is a more resilient asset compared with other retail offerings, said property experts.
STI inches up 0.1% even as Iran conflict keeps investors on edge
Tay Peck Gek - Across the broader market, decliners edge out gainers 300 to 297, after 1.8 billion securities change hands
Tesla's energy storage division to pick up slack as car margins drop and credits fade
April 20 : Tesla's solar and energy business is likely to outshine the EV maker's challenged core business when it reports quarterly results this week, a sign of resilience as Tesla progresses slowly in its turn to robots and self-driving technology.For the quarter that Tesla is reporting ...
Banks in close contact with European regulator on Anthropic's Mythos, banker says
FRANKFURT, April 20 : Banks are in close contact with their European regulators regarding Anthropic's new artificial intelligence model Mythos, Christian Sewing, president of the German banking association and CEO of Deutsche Bank, said on Monday.He said that the banking association would furth ...
UOB’s Green Lane facilitates RM18 billion of FDI into JS-SEZ since 2024 with more to come
Lin Daoyi - Following the launch of United Overseas Bank’s Green Lane with Invest Johor in February 2025, the bank announced that it has facilitated foreign direct investments (FDI) flows exceeding RM18 billion into the Johor-Singapore Special Economic Zone (JS-SEZ) as at end- 2025. The figures were revealed ...
UOBKH initiates coverage on Beng Kuang Marine with target price of 64 cents
Teo Zheng Long - UOB KayHian analysts Tang Kai Jie and Heidi Mo have initiated coverage on Beng Kuang Marine (BKM) with a “buy” call and target price of 64 cents. In their initiation report on April 20, both analysts point out that BKM is a leader in provision of corrosion prevention, repair and life extension s ...
AirAsia tests market with Deutsche-led US$230 million private debt
The 18-month transaction takes the form of a revenue bond backed by ticket sales of several carrier routes
Maybank re-initiates ‘buy’ on HRnetGroup with TP of 87 cents
Kwan Wei Kevin Tan - Maybank analyst Eric Ong has re-initiated coverage on HRnetGroup (SGX: CHZ ) with a “buy” call and a target price of 87 cents. The Mainboard-listed recruitment agency was founded in 1992 and went public in 2017. “Beyond just being a regional recruiter, we believe HRnet is structurally difficul ...
Morgan Stanley sees agentic AI widening chip spending beyond graphics processors to CPUs
April 20 : Morgan Stanley said increasingly autonomous artificial intelligence could boost demand for central processing units (CPUs), reshape data center buildout and widen investment beyond the graphic chips that have dominated the AI boom so far."As AI transitions from generation to autonomo ...
Oil prices rise 6% on fears of US-Iran ceasefire collapse
LONDON, April 20 : Oil prices jumped more than 6 per cent in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.Brent crude futures advanced $5 ...
Sea to launch new AI centre to drive innovation and capability-building in Singapore
Jermaine Fok - Facility could create at least 100 roles, spanning AI research, engineering and product development
Regulators monitor Anthropic's Mythos for banking risks
SYDNEY, April 20 : Regulators said on Monday they are monitoring the development of Anthropic's frontier AI model Mythos, which experts say could have the capability to be used to destabilise banking systems.The vast capabilities of Mythos to code at a high level have given it a potential ...
Asia bond outflows surge to four-year highs on inflation concerns
April 20 : Asian bonds recorded their largest monthly foreign outflows in four years in March as disruptions to oil and gas supplies from the Middle East conflict fueled inflation concerns, weighing on demand for fixed-income assets.Investors pulled a net $7.57 billion from regional bonds in South K ...
Italy's Eni makes major Indonesian offshore gas discovery
MILAN, April 20 : Eni has made a major gas discovery in the Ganal block offshore Indonesia, the Italian oil and gas group said on Monday in a statement.• Preliminary estimates indicate volume of 5 trillion cubic feet of gas and 300 million barrels of condensate.• The discovery was made by the Ge ...
Italy's Eni makes giant Indonesian offshore gas discovery
MILAN, April 20 : Eni has made a major gas discovery in the Ganal block offshore Indonesia, the Italian oil and gas group said on Monday in a statement.• Preliminary estimates indicate volume of 5 trillion cubic feet of gas and 300 million barrels of condensate.• The discovery was made by the Ge ...
ETFs traded on SGX hit record of over S$19 billion AUM on 117% Q1 turnover surge
Therese Soh - China-focused exchange-traded funds are the strongest performers in Q1, supported by a price rally for energy stocks
ETFs traded on SGX hit record of over S$19 billion AUM on 117% qoq turnover surge
Therese Soh - China ETFs with energy, EV exposure among top equity ETF performers
S$3.9 billion Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure
Ry-Anne Lim - Deal, to be partly funded by S$2.5 billion divestment of Asia Square Tower 2 to IOI, seen as ‘tactical swop’; may yield...
S$3.9b Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure
Ry-Anne Lim - Acquisition reinforces CICT’s stronghold as the largest owner of private retail stock in Singapore, may yield redevelopment potential on freehold parcel
Humanoid robots race past humans in Beijing half-marathon, showing rapid advances
Chinese robotics firms are still struggling to develop the AI software that would enable humanoids to match the efficiency of human factory...
Samsung SDI signs first EV battery supply deal with Mercedes-Benz
SEOUL, April 20 : South Korean battery maker Samsung SDI said on Monday it has signed a multi-year agreement with Mercedes-Benz to supply batteries for electric vehicles, marking its first EV battery supply deal with the automaker.The batteries will feature high-nickel NCM (nickel, cobalt, and manga ...
Indonesia, Toyota in talks on potential bioethanol project
JAKARTA, April 20 : Indonesia is in talks with Japan's Toyota Motor Asia on a potential joint investment in bioethanol production in the Southeast Asian country, a government official and executives from Toyota told reporters on Monday.Here are some details:• A renewable energy subsidiary of ...
Global cooperation on stablecoins critically important: BIS
The central bankers’ central bank has long raised concerns about stablecoins
China’s Netflix iQiyi goes all-in on AI content in big overhaul
Overseas membership revenue has surged more than 30% last year
Malaysia’s March exports rise 8.3% on year, below forecast
The country has recorded a trade surplus of RM24.6 billion in March
Reckless housing land bids? Developers’ faith in Singapore government can pay off
Leslie Yee - Slowing economy could hurt housing demand, high energy prices might raise construction costs
Battle-scarred developing nations look for path out of permacrisis
WASHINGTON, April 20 : Developing country policymakers left this week's IMF-World Bank meetings more frustrated than ever that successive external shocks are derailing their efforts to tackle high debt, reform their economies and deliver better lives for millions of citizens now struggling to p ...
Vietnam plans to extend tax incentives for EVs until 2030
HANOI, April 20 : Vietnam plans to extend a special consumption tax cut on electric vehicles by nearly four years to the end of 2030 in a bid to boost EV sales and reduce emissions, the parliament office said over the weekend.The government will submit the proposal to extend the tax cut to parliamen ...
Singapore GasCo secures extra LNG cargoes as Iran war hits supply, eyes long-term deals amid volatility
It received two spot cargoes from Australia and one from Mozambique since the war began
Singapore is procuring more LNG as Iran war cuts some supply
Before the conflict, about a fifth of global LNG went through the Strait of Hormuz
Singapore GasCo secures extra LNG cargoes, eyes term deals despite war volatility
It received two spot cargoes from Australia and one from Mozambique since the war began
China to form brokerage with US$86 billion assets by merging firms
Beijing is trying to develop its domestic investment banks to allow them to compete with global heavyweights
Bank Indonesia to hold rates at 4.75% through 2026 as Iran war fuels inflation risks: Reuters poll
BENGALURU, April 20 : Bank Indonesia (BI) is set to keep its key policy rate unchanged on Wednesday, according to all 31 economists polled by Reuters, with many paring bets for cuts this year as an Iran war-fuelled energy shock pushes up inflation and pressures the rupiah.That marks a sharp shift in ...
AI’s token economy revolution creates new China tech winners
The market remains hypercompetitive with new players all the time, and the deeper-pocketed, larger firms are not sitting still
