Oil rises as investors remain wary US-Iran ceasefire will open supply flow
BEIJING, April 9 : Oil prices rose on Thursday on investors' concerns supply from the key Middle East producing region may not fully resume amid doubts the two-week ceasefire between the U.S. and Iran will hold and as the crucial Strait of Hormuz remains restricted. Brent crude futures were up ...
US crude futures rise after settling previous session with biggest fall in six years
BEIJING, April 9 : U.S. crude futures rose on Thursday morning after settling with the biggest fall since April 2020 during the previous trading session, after U.S. President Donald Trump agreed to a two-week ceasefire with Iran.U.S. West Texas Intermediate (WTI) crude rose $2.68, or 2.84 per cent, ...
Oil rebounds as fragile Gulf ceasefire, constrained Hormuz keep supply risks elevated
NEW DELHI, April 9 : Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted.Brent crude futures were up $1.96, or 2.07 per cent, at $96.71 a barrel at 0325 GMT, while U.S. West ...
US court declines to block Pentagon's Anthropic blacklisting for now
(Corrects dateline to April 8. No changes to text)By Jack QueenNEW YORK, April 8 : A Washington, D.C., federal appeals court on Wednesday declined to block the Pentagon's national security blacklisting of Anthropic for now, a win for the Trump administration that comes after another appeals cou ...
Gold pares gains after Iran says ceasefire deal with US violated
Since the war in the Middle East began, bullion has traded largely in tandem with stocks
US Fed rate cut bets revived, a bit, by Iran war ceasefire
FEDERAL Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran...
Oil rises after biggest drop since 2020 as Hormuz stays blocked amid Iran war ceasefire
Even once the strait transit picks up, the return of energy supplies will not be instant
Oil rises after biggest drop since 2020 as Hormuz stays blocked; Iran says ceasefire violated
Even once the strait transit picks up, the return of energy supplies will not be instant
Oil rises after biggest drop since 2020 as Hormuz stays blocked
Even once the strait transit picks up, the return of energy supplies will not be instant
Oil and gas prices plunge after US, Iran agree to ceasefire deal
Even once Hormuz transit increases, the return of energy supplies won’t be immediate
OpenAI will reserve portion of IPO shares for retail investors, CFO tells CNBC
April 8 : OpenAI plans to reserve a portion of its shares from an initial public offering for individual investors, CFO Sarah Friar told CNBC on Wednesday, as the ChatGPT maker gears up for a highly anticipated U.S. stock market listing.The AI startup is laying the groundwork for an IPO that could v ...
US Fed minutes show officials saw two-sided risks from Iran war
Several policymakers have since signalled a desire to hold rates steady as they gauge the war’s fallout
US set to ease power limits on space-based broadband
WASHINGTON, April 8 : The Federal Communications Commission is set to approve rule revisions this month to ease power limits on satellite spectrum use, giving a major boost to space-based broadband services such as SpaceX's Starlink. The FCC said on Wednesday it would vote on April 30 on a meas ...
European stocks logs best day in a year as Iran truce fuels relief rally
EUROPEAN shares jumped more than 3 per cent on Wednesday after US President Donald Trump agreed to a two-week ceasefire with Iran,...
US stocks: Wall Street ends sharply higher on US-Iran ceasefire
[NEW YORK] US stocks closed sharply higher on Wednesday after a last-minute, two-week ceasefire agreement between the United States and Iran lifted investor sentiment.
Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand
April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications.Big tech and AI companies are racing to lock in power and data center capacity, signing long-term deals w ...
Applied Digital's quarterly net loss widens on rising costs, one-time charge
April 8 : Applied Digital's third-quarter net loss widened from last year due to rising expenses and a charge tied to its cloud business, overshadowing the company's revenue beat on the back of strong demand for its data center services.Shares of the company fell 3 per cent in extended tra ...
Applied Digital beats quarterly revenue estimates as AI infrastructure demand soars
April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications.Shares of the Dallas, Texas-based data center operator rose about 2 per cent in extended trading. The sto ...
Crude rises, stocks fall on fears over nascent Iran ceasefire
Markets surged and oil prices fell after the United States and Iran agreed to a temporary ceasefire, with an analyst saying that the markets felt a "wave of relief".
Citigroup says AI helps speed account openings and systems upgrades
NEW YORK, April 8 : Citigroup is using artificial intelligence to speed up account openings and the retirement of old software, the U.S. bank's head of technology, Tim Ryan, said, as the firm pushes to improve productivity. U.S. banks are embracing AI, the biggest technological upheaval to the ...
Innotek seeks to raise up to $16 mil by placing out new shares at 65.06 cents; CEO undertakes vendor share sale
Teo Zheng Long - Innotek (SGX: M14 ) plans to raise up to $16 million by placing out up to 24.6 million new shares at 65.06 cents each. The placement price represents a discount of approximately 9.5% to the volume weighted average price of 71.89 cents, based on the last full market day of April 2. The placement shar ...
Meta unveils first AI model from costly superintelligence team
April 8 : Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with rivals in the AI race.U.S. tech giants are under pressure to prove their massive AI outlays will pay off. The stakes are especially high for M ...
Seatrium sets up S$3 billion multicurrency debt issuance programme
Chong Xin Wei - The net proceeds will be used to refinance existing borrowings and fund potential acquisitions, among other things
Developing countries in Europe, Central Asia face slowdown, World Bank says
Growth across the region is expected to slow to 2.1% in 2026, from 2.6% in 2025
Traders place large $950 million bet on oil price falling hours ahead of ceasefire
LONDON, April 8 : Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire, the latest large wager on the direction of the world's most traded commodity ahead of a major policy announcement by President Donald Trump.On Tu ...
Chinese electric truck maker Windrose makes first US delivery
BEIJING, April 8 : Chinese electric truck startup Windrose said it had made the first delivery of its long‑haul electric heavy truck in the United States, marking a key step in its global expansion.The vehicle, priced at $285,000, was handed over to Texas logistics firm Allogic and charging partne ...
Wall Street opens higher after US-Iran ceasefire
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Apr 8) after the US and Iran agreed to a two-week ceasefire,...
Thakral raises $4.26 mil via sale of treasury shares at $1.80 each to ICH Synergrowth Fund and Lion Global Investors
Teo Zheng Long - Thakral (SGX: AWI ) has raised $4.26 million through the sale of 2,367,500 treasury shares at a price of $1.80, which represents a 1.89% shareholding in the company. ICH Synergrowth Fund has acquired 1,267,500 shares while the remaining 1.1 million shares were acquired by Lion Global Investors. Thak ...
iX Biopharma issues 10 mil new ordinary shares at exercise price of six cents each
Teo Zheng Long - iX Biopharma (SGX: 42C ) announced that it has allotted and issued 10 million new ordinary shares at a price of six cents per warrant share as part of its exercise of warrants. Following the exercise, the number of issued shares in iX Biopharma increased from 1,038,324,529 shares to 1,048,324,529 sh ...
World Bank says South Asia growth to slow to 6.3% in 2026 amid Middle East conflict
NEW DELHI, April 8 : South Asia's growth is expected to slow to 6.3 per cent in 2026 from 7.0 per cent in 2025 as the conflict in the Middle-East and disruptions in global energy markets weigh on the import-dependent region, the World Bank said on Wednesday.In its latest South Asia Economic Upd ...
The new Trump trades: how investors are navigating Iran shocks
LONDON, April 8 : Investors are piecing together a new "Trump trade" playbook for navigating market uncertainty, ranging from whether a U.S.-Iran ceasefire will hold to oil prices staying high for longer.With global inflation and interest rates increasingly tough to predict as geopolitics ...
Telenor faces lawsuit over claims it exposed Myanmar customers to junta repression
BANGKOK, April 8 : A Swedish non-profit filed a class action lawsuit against Telenor on Tuesday on behalf of over 1,200 people whose phone data it says the Norwegian telecom's Myanmar subsidiary shared with the country's military junta following a 2021 coup.Telenor, which has since exited ...
Exxon sees 6% of its worldwide Q1 output shut on Middle East conflict
Half of those outages are concentrated at a liquefied natural gas complex in Qatar
Exxon sees 6% of its worldwide output shut on Middle East conflict
EXXONMOBIL said 6 per cent of its global first-quarter production was knocked out as the Iran war paralysed much of the Persian...
