Wall St indexes fall after failed US-Iran peace talks unsettle investors
April 13 : Wall Street's main indexes slipped on Monday after weekend talks between the U.S. and Iran failed to deliver a deal nL6N40V09S to end the war, threatening a nascent recovery in equities and risking a renewed bout of volatility.The declines indicate that any relief nL6N40T16E from the ...
Competition watchdog greenlights GlobalFoundries’ acquisition of Advanced Micro Foundry
Deon Loke - Competition and Consumer Commission of Singapore notes the merger has not resulted in a substantial lessening of competition within Singapore
Maybank maintains $5.25 target price on Singtel; capital management journey slightly 'delayed' not 'derailed'
The Edge Singapore - Bharti Airtel's share price, whose gains over the past two years have helped nudged along that of Singapore Telecommunications, has corrected by just over 10% year to date, as tariff hikes may be delayed by around 6 months because of the woes in the Middle East. Yet, Hussaini Saifee of Maybank ...
Bank of Japan chief calls for vigilance against impact of Middle East war
Governor Kazuo Ueda says rising crude oil prices will hurt Japan’s economy
Hong Kong issues 53% more IPO banker licences to ease shortage
The licensing activity serves as a barometre for the health of the city’s capital markets
Aman Group unveils six-bedroom villa in Utah’s ultra-luxury resort and spa Amangiri
Gerine Tang Yi Qian - Amangiri, the luxury resort hotel located in Canyon Point, Utah in the US, has unveiled its first six-bedroom villa. The 1,115 sqm private desert home is the first of a collection of 12 private residences, and is now open for bookings. Amangiri, part of Aman Resorts by the Aman Group, is an ultra-lu ...
Lufthansa two-day pilot strike set to cancel hundreds of flights
This covers its mainline airline, cargo unit, regional carrier CityLine and low-cost unit Eurowings
AI is on its way to upending cybersecurity
With new systems from companies like Anthropic and OpenAI, hackers can attack with greater speed
Digital identity is infrastructure, not an afterthought
Kartik Krisnamurthy - Identity fraud now costs the average business $9 million a year. Nearly seven in 10 organisations globally report rising fraud attempts over the past two years. Yet across Asia, organisations still face a fragmented landscape when it comes to verifying who is on the other side of a digital transacti ...
Temasek CEO Dilhan Pillay to chair Vertex as FY2025 profit tops US$100 million
Deon Loke - Temasek is preparing to ‘derive greater synergy with its other funding platforms’, Vertex says
Kuwait raises May crude prices for Asia, pricing document shows
April 13 : Kuwait has raised the official selling price for Kuwait Export Crude to Asia in May to $17 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed on Monday.The producer increased the May Kuwait Super Light crude OSP to $17 a barrel above Oman/Dubai qu ...
Keppel warns of ‘second-order’ shocks from prolonged Middle East conflict
Deon Loke - Its direct exposure remains limited, but broader macroeconomic impacts would affect the global asset manager
World Bank chief sounds alarm about looming jobs crisis even after war ends
WASHINGTON, April 13 : The Middle East war will dominate global finance officials' talks this week in Washington, but World Bank President Ajay Banga is sounding the alarm about a bigger, looming crisis: a huge gap in jobs for the 1.2 billion people who will reach working age in developing coun ...
Basic-Fit data breach exposes details of a million gym members
April 13 : Gym operator Basic-Fit has suffered a data breach involving around 1 million members with 200,000 in the Netherlands alone, a company spokesperson said on Monday.Basic-Fit owns gyms serving over 4.5 million customers across six European countries including France, Germany, and Spain. It a ...
Basic-Fit says data breach exposes details of 200,000 members in Netherlands
April 13 : Gym operator Basic-Fit has suffered a data breach affecting around 200,000 of its members in the Netherlands, it said on Monday.The company said the breach involved members' bank account details, as well as their names and contact information.
Basic-Fit data breach exposes details of gym members in Netherlands, elsewhere
April 13 : Gym operator Basic-Fit has suffered a data breach involving "active members in several countries" and affecting around 200,000 of its clients in the Netherlands alone, it said on Monday.Basic-Fit runs gyms in 12 countries across Europe and has more than 4.5 million members in Fr ...
BOJ highlights market volatility, economic hit from Middle East conflict
TOKYO, April 13 : Bank of Japan Governor Kazuo Ueda said on Monday uncertainty over the Middle East conflict was keeping markets unstable and could hurt factory output, signalling the bank's escalating alarm over the economic hit from the protracted war.Ueda also stressed the need for vigilance ...
BOJ's Ueda calls for vigilance to impact of Middle East tension
TOKYO, April 13 : Bank of Japan Governor Kazuo Ueda said on Monday economic and price developments were moving roughly in line with the bank's forecasts, but called for vigilance to the impact of escalating conflict in the Middle East."Global financial markets are unstable and crude oil pr ...
BOJ's Ueda calls for vigilance against impact of Middle East war
TOKYO, April 13 : Bank of Japan Governor Kazuo Ueda said on Monday economic and price developments were moving roughly in line with the bank's forecasts, but called for vigilance to the impact of escalating conflict in the Middle East."Global financial markets are unstable and crude oil pr ...
How would a US blockade of the Strait of Hormuz work? Here are some possibilities
Any ship that attempts to transit the waterway would have to submit to a search if asked to do so
Singapore businesses adopt AI faster than global peers, but guardrails lag: PwC
Nurdianah Md Nur - Singapore companies are moving faster than global peers to adopt artificial intelligence (AI), but gaps in governance and data foundations risk limiting returns, according to PwC’s new study. The Global AI performance study reveals that 67% of Singapore respondents reported a higher risk appetite ...
Aiming at China, Malaysia puts new restrictions on electric cars
The government is hoping to push Chinese companies to assemble and manufacture vehicles in the country
Singapore properties’ safe-haven premium shields S-Reits from Iran war headwinds
Leslie Yee - The Republic’s attractiveness to businesses and individuals will grow in a chaotic world
Iran war blunts tailwind from lower interest rates, but Singapore properties’ safe haven premium buoys Reits
Leslie Yee - The Republic’s attractiveness to businesses and individuals will grow in a chaotic world
Trump-linked World Liberty crypto project faces investor revolt
The WLFI token has dropped by more than half since a portion of its supply was unlocked for trading last year
BlueSg’s revamped car-sharing service Flexar to begin public beta testing
Koh Kim Xuan - Flexar vehicles will be available for driving across Singapore and in residential areas
Malaysia detains two tankers suspected of illegally transferring diesel
The waters off the country are known to be a regular site for illegal ship-to-ship transfer
AI investment boom leaves some Singapore family offices on the sidelines
Jean Low - Many want to prioritise the technology, but lack the access and know-how to turn interest into results
Global bonds slide as failure of talks adds to inflation fears
Traders have already adjusted their expectations, pushing back expectations for the next quarter-point Fed cut until mid-2027
C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’
Lee U-Wen - There are plans to more than double the company’s data and AI talent in the Asia-Pacific region, with ‘meaningful addition’ in Singapore
From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’
Lee U-Wen - There are plans to more than double the company’s data and AI talent in the Asia-Pacific region, with ‘meaningful addition’ in Singapore
Ping An seeking to sell US$1 billion software-focused PE assets: sources
The insurer is said to have tapped Campbell Lutyens to offload the stakes
Ping An seeks to sell US$1 billion software-focused PE assets
Private market managers allocated hundreds of billions of US dollars to software over the last 15 years
SingHaiyi’s Vela Bay draws about 8,000 visitors over preview weekend
Gerine Tang Yi Qian - SingHaiyi Group began previewing its 515‑unit Vela Bay on April 11, marking the first private condominium launch in the new Bayshore precinct. The 99‑year leasehold development, jointly developed with Chuan Capital, attracted nearly 8,000 visitors over its opening weekend ahead of its official l ...
