Keppel shares fall as much as 4.6% on M1-Simba deal delay
Shikhar Gupta - The counter falls as low as S$11.70 in early trading
China’s top chipmaker has supplied chipmaking tech to Iran military, US officials say
The Chinese government maintains that it carries out normal commercial trade with Teheran
Oil prices fall as Trump pauses attacks on Iranian energy plants
PERTH, March 27 : Oil prices fell in early trade on Friday and were down over a volatile week after U.S. President Donald Trump said talks with Iran to end the war were going "very well" and announced he would pause attacks on the country's energy plants for 10 days. Brent futures fel ...
Trade war reveals HPH Trust’s resilience; Shenzhen port terminals to help drive growth
The Edge Singapore - Hutchison Port Holdings Trust (HPH Trust), which owns container terminals in Shenzhen and Hong Kong, has maintained a resilient profile even as the US-initiated trade war has changed shipping patterns. At present, with the growing importance of Shenzhen as one of China’s key ports, Gilbert Lopez a ...
Aoxin Q&M proposes 150 million yuan acquisition to expand into central China
Deon Loke - It has signed a non-binding memorandum of understanding to acquire a dental group there
Japan finance minister warns of oil-driven FX speculation, vows decisive action
TOKYO, March 27 : Japanese Finance Minister Satsuki Katayama said on Friday that the government was ready to take decisive steps on foreign exchange, warning against speculative trading linked to oil markets."We are seeing speculative moves (in the currency market), particularly those being dri ...
Trump signature to appear on US currency, the first for a sitting US president
The first US$100 bills with Trump’s signature and that of US Treasury Secretary Scott Bessent will be printed in June
Trump signature to appear on US currency, ending 165-year tradition
The first US$100 bills with Trump’s signature and that of US Treasury Secretary Scott Bessent will be printed in June
Stocks to watch: Keppel, Shangri-La Asia, GuocoLand, Aoxin Q&M Dental Group
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27):
Stocks to watch: Keppel, Shangri-La Asia, GuocoLand
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27):
US Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook
FEDERAL Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained,...
From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
Asia relies more heavily on crude oil, gas, fuel and fertiliser from the Middle East than other parts of the world
Nasdaq confirms correction, bond prices fall as Iran crisis pushes oil to $108
NEW YORK/LONDON, March 26 : Stock indexes fell sharply on Thursday, with the Nasdaq dropping more than 2 per cent to confirm a correction, and Brent oil jumped to more than $105 a barrel as hopes diminished for a quick resolution to the nearly one-month-old Middle East war.U.S. President Donald T ...
Apple gives iPhone designers rare bonuses to fight AI firm poaching
Employees see the pay bumps as a direct response to a recent uptick in recruiting from startups
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Evan See - As airlines shun the Gulf region, key airports in South-east Asia could also capture more transit traffic, say analysts
Union Square Residences promises prestige and practicality in prime District 1 address
City & Country - In a few years, a world-class enclave in the prime District 1 will welcome residents and professionals to an exciting mixed-use development — one that promises a new way to live, work and play in one of Singapore’s most-coveted districts. Located in the heart of the charming Singapore River prec ...
Aoxin Q&M Dental Group to acquire dental group in China for RMB150 mil
The Edge Singapore - Aoxin Q&M Dental Group plans to acquire a China-based dental group for RMB150 million, as part of its parent company Q&M Dental Group's expansion spree via acquisitions. The target, which is not named, operates around 30 clinics in central region, manned by 80 dentists. Aoxin is current ...
US Fed’s Miran lays out path to shrink central bank balance sheet further
A smaller balance sheet would also allow for interest rates to be lower, he argued
Bessent says Hormuz ships insurance programme to start soon
The Trump administration has already taken action to blunt prices and address some concerns about oil supply
Meta shares drop on fears US verdicts open door to deluge of lawsuits
Its shares were trading near 10-month lows
OpenAI's US ad pilot exceeds $100 million in annualized revenue in six weeks
March 26 : OpenAI's ChatGPT ads pilot in the United States has crossed the $100 million annualized revenue mark within six weeks of launch, a company spokesperson said on Thursday, pointing to robust early demand for the AI startup's nascent advertising business.Sam Altman-led OpenAI had s ...
US stocks: Wall Street slumps as Middle East uncertainty spooks investors
WALL Street’s main indexes fell sharply on Thursday and the Nasdaq confirmed a correction as investors worried about escalation in the US-Israeli...
T-Rex files for leveraged SpaceX, Anthropic ETFs ahead of anticipated IPOs
PROVIDENCE, Rhode Island, March 26 : REX Shares and Tuttle Capital Management plan to launch 2x leveraged exchange-traded funds tied to yet-to-be-issued publicly traded common stock of SpaceX and Anthropic, according to regulatory filings, as the two firms try to piggyback on what are expected to be ...
Nasdaq Composite confirms correction amid war uncertainty; worries about tech stocks in focus
Investors are wondering whether the downturn is a temporary dip or not
Nasdaq Composite confirms correction as war worries weigh
Investors are wondering whether the downturn is a temporary dip or not
Trump extends pause on strikes against Iran’s energy sites to April 6
The US president has faced questions on the duration of the war effort
Trump extends energy-attack ceasefire, claiming Iran request
The US president has faced questions on the duration of the war effort
Oil settles up nearly 6% as investors fear further Middle East escalation
Trading volume for the front-month Brent contract was the lowest since Feb 27
Commentary: Gold is seen as a ‘safe haven’ in uncertain times. Why is it crashing amid a war?
Over the past few months of geopolitical chaos and market panic, gold has moved more like a roller coaster than a steady ship at anchor, says a finance professor.
European shares snap win streak as Middle East conflict fans inflation worries
EUROPEAN shares ended a three-day winning streak on Thursday as hopes of an imminent de-escalation in the Middle East conflict faded, prompting...
Netflix raises subscription prices across all plans in US
March 26 : Netflix has increased prices on all its plans in the U.S., as the streaming giant pushes into new programming formats such as video podcasts and live sporting events.The company's ad-supported tier will now cost $8.99 a month, compared with $7.99 earlier, while prices for its standar ...
EU reaches deal to fine online platforms importing products deemed unsafe
PARIS, March 26 : The European Union has reached an informal agreement to fine online platforms importing unsafe products, in a move which it said was aimed at tackling cheap and possibly unsafe Chinese goods entering the EU via platforms such as Temu and Shein.The European Parliament and EU Council ...
New Mexico lays out options to force changes at Meta after court win
NEW YORK, March 26 - Talk about regulating social media to make it safer for children often gravitates around the U.S. Capitol and the EU headquarters in Brussels. But following a New Mexico jury verdict, a district court in Santa Fe carries some heft, too.On Tuesday, a jury found Meta liable for vi ...
Stressed US grid forcing data centers to get more flexible
NEW YORK, March 26 : The U.S. technology industry is being pushed to shrink its power use in times of high demand, amid growing public concern that Big Tech's massive electricity needs for its expansion of data centers are maxing out the country's grid.The power industry and its regulators ...