SLB expands Nvidia partnership to develop AI infrastructure for energy sector
March 25 : Oilfield services company SLB said on Wednesday it would expand its partnership with Nvidia to develop artificial intelligence infrastructure and models for the energy industry, as companies look to scale up use of the technology.The deal builds on the two companies' partnership, whi ...
Fosun Resort chain Club Med considers Hong Kong IPO: sources
The French group is in talks with banks about working on the potential share sale
China Eastern Airlines to buy 101 Airbus aircraft for around US$15.8 billion
The aircraft are scheduled to be delivered from 2028 to 2032
Independent probe finds ‘no impropriety’ as C-suite drama erupts at Hong Lai Huat
Jude Chan - A spat with the CEO’s son was ‘at most, a contributing factor’ to Lai Seng Fatt’s resignation as CFO
Independent investigation finds ‘no impropriety’ as C-suite drama erupts at Hong Lai Huat
Jude Chan - A spat with the group CEO’s son was ‘at most, a contributing factor’ to Lai Seng Fatt’s resignation as CFO
Google to label verified investment apps in India amid regulatory crackdown on fraud
March 25 : Alphabet's Google will label verified investment apps on its app store in India, a move aimed at helping users spot legitimate trading platforms and avoid scams, a senior official at the Securities and Exchange Board of India said on Wednesday.Only brokers and intermediaries register ...
Google to label verified investment apps in India amid scam crackdown
March 25 : Alphabets's Google will label verified investment apps on its app store in India, a move aimed at helping users spot legitimate trading platforms and avoid scams, a senior official at the country's markets regulator Securities and Exchange Board of India said on Wednesday.The mo ...
Meta boosts top executives’ pay with stock options as AI race heats up
The options are the social media giant’s first for its top brass and require steep stock milestones
Meituan, Alibaba shares jump as Beijing vows to end price wars
China’s market regulator holds seminar on curbing cut-throat competition, which dampens the drive to grow consumption
Sustainable aviation fuel levy deferred to flights departing from Jan 1, 2027, as Gulf conflict drags on: CAAS
Chloe Lim - Singapore ‘remains firmly committed to aviation decarbonisation’, says director-general Han Kok Juan
No rush by SGX listcos to embrace forward guidance; ‘phased adoption’ likely: observers
Ranamita Chakraborty - They attribute this to factors such as legacy practices and concerns about regulatory risk
TT International to delist on April 2
Felicia Tan - TT International will voluntarily delist from the Singapore Exchange (SGX) at 9am on April 2, the company announced on March 25. SGX said it has “no objection” to the proposed delisting, subject to two conditions, both of which have been met. The first required the submission of a written confir ...
Stocks gain, oil prices fall on guarded hope for possible Iran war ceasefire
NEW YORK/LONDON, March 25 : Global equity markets rose while oil prices fell on Wednesday, as markets welcomed news of discussions to de-escalate the ongoing conflict in the Middle East.The U.S. sent a 15-point ceasefire proposal to Iran, reportedly delivered via Pakistan, that was originally brushe ...
Stocks gain, oil prices ease on guarded hope for possible Iran war ceasefire
NEW YORK/LONDON, March 25 : Global equity markets rose while oil prices fell on Wednesday, as traders welcomed news of discussions to de-escalate the ongoing conflict in the Middle East.The U.S. sent a 15-point ceasefire proposal to Iran reportedly delivered via Pakistan that was originally brushed ...
Stocks gain with oil prices easing on optimism from possible ceasefire talks
NEW YORK/LONDON, March 25 : Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.Markets are weighing reports that the U.S. has sent a 15-point c ...
European stocks rise, oil prices fall on hopes for US-Iran talks
LONDON, March 25 : European stock indexes rose and oil prices fell on Wednesday, after markets got a boost from reports that the U.S. is seeking a month-long ceasefire with Iran, even though Iran rejected the idea of negotiations.U.S. President Donald Trump told reporters on Tuesday that the U.S. wa ...
European stocks rise, oil falls, markets cheered by Trump talk of Iran negotiation
LONDON, March 25 : European stock indexes rose and oil prices were down on the day on Wednesday, after markets got a boost from reports that the U.S. is seeking a month-long ceasefire with Iran, even though Iran rejected the idea of negotiations.U.S. President Donald Trump told reporters on Tuesday ...
Pek Chuan Building back on the market at same guide price of S$80 million
Ry-Anne Lim - This is owners’ second attempt to sell the four-storey commercial building
DBS, Genting Singapore and CapitaLand lead retail buys on SGX in March
Koh Kim Xuan - The total value of stock buys that month lifts Q1 FY2026’s total retail net buying in local stocks to S$675 million
Temu-owner PDD misses revenue estimates
March 25 : Discount e-commerce player PDD Holdings missed market estimates for quarterly revenue on Wednesday, as subdued consumer spending weighed on its Chinese platform, Pinduoduo, overshadowing robust growth at its overseas marketplace Temu.The company reported revenue of 123.9 billion yuan ($17 ...
Global self-reliance drive will strain capital, push burden to markets: BlackRock’s Larry Fink
Jean Low - Staying on the sidelines is a growing risk as global economies increase reliance on capital markets, he adds
Singapore stocks extend rally, tracking regional gains; STI up 0.9%
Benjamin Cher - The iEdge Singapore Next 50 Index, meanwhile, is up 0.7%
Arm shares rally as new AI chip to drive billions in annual revenue
March 25 - Arm sparked a rally in shares of companies that make central processors on Wednesday with a prediction that its new data-center chip would bring in billions of dollars in annual revenue.Shares of the SoftBank Group-controlled company soared 20 per cent to their highest since November, whi ...
Arm jumps as new AI chip to drive billions in annual revenue
March 25 - U.S.-listed shares of Arm Holdings jumped nearly 12 per cent in premarket trading on Wednesday after the chip firm projected billions of dollars in annual revenue from its own new artificial intelligence data-center chip.The new chip marks a pivot for Arm, which has traditionally relied o ...
UPS opens $100 million Taiwan logistics hub to meet tech boom demand
TAOYUAN, Taiwan, March 25 : United Parcel Service opened a new $100 million logistics centre in Taiwan on Wednesday, its largest in the Asia Pacific, riding a wave of demand from tech companies.Taiwan is home to TSMC, the world's top contract chip-maker and dominant supplier of the advanced sem ...
Escalating Middle East tensions shift S-REITs’ focus to balance sheet resilience and earnings visibility: HSBC
Gerine Tang Yi Qian - Singapore’s REITs (S-REITs) are entering a more cautious phase, as macro uncertainties prompt a shift in investor focus from growth to resilience, according to a March 11 report by HSBC Global Research. Analysts led by Asean property and Asean equity research head Joy Wang caution that disruptions ...
Standard Chartered to sell and lease back two Changi Business Park properties for S$183 million
Chong Xin Wei - Lender says move is part of strategy to drive further growth in Singapore, its second-largest market
Sony-Honda JV scraps Afeela EV plans after Honda strategy overhaul
TOKYO, March 25 : Sony Honda Mobility, the joint venture between Japanese electronics giant Sony and automaker Honda, on Wednesday said it would stop developing its Afeela electric vehicles, citing Honda's strategy reassessment for EVs.The move follows Honda's move to overhaul its EV busin ...
Sony Honda Mobility cancels EV development, to refund early buyers
TOKYO, March 25 : Sony Honda Mobility, the joint venture between Japanese electronics giant Sony and carmaker Honda, said on Wednesday it would discontinue the development of the Afeela electric vehicles.Given Honda's overhaul of its EV business announced earlier this month, Sony Honda "do ...
Tiger Beer, brewed in Vietnam – but still Singaporean?
Renald Yeo - [SINGAPORE] There are few – if any – consumer exports that wear the “Made in Singapore” label with as much pride and...
India delays coal flexibility plan as solar power curbs rise
Regulators are working out how to compensate for the higher costs of retrofitting entailed
Banyan Group debuts in US with Banyan Tree Residences West Palm Beach
Samantha Chiew - Banyan Group, in collaboration with Mast Capital and Curated JCZM Development, has announced the launch of sales for Banyan Tree Residences West Palm Beach, marking the group’s entry into the US with the debut of its flagship Banyan Tree brand and its first residential offering in the market. Bany ...
KGI and CGS International remain positive on Q&M Dental following recent FY2025 results and M&A updates
Teo Zheng Long - Both KGI Securities and CGS International are keeping their respective “outperform” and “add” calls on Q&M Dental Group (Q&M) (SGX: QC7 ) following its recent FY2025 results and updates on their M&A progress. In a March 20 report, Chong Ting Shuo of KGI Securities says that the r ...
Japan PM Takaichi asks IEA chief for further oil stockpile release
TOKYO, March 25 : Japanese Prime Minister Sanae Takaichi asked International Energy Agency chief Fatih Birol for an additional coordinated release of oil stockpiles when they met on Wednesday, as Tokyo seeks to hedge against a prolonged Middle East conflict. After agreeing to release a record amount ...
