Exclusive-Eutelsat in talks with India's space agency to boost satellite launch options
PARIS, March 31 : Eutelsat, Europe's main rival to Elon Musk's satellite internet provider Starlink, is in talks with India's space agency about future satellite launches as it seeks to diversify beyond SpaceX and Europe's Ariane rockets.Jean-François Fallacher, CEO of France-ba ...
With Iran war’s cost impact just beginning, Singapore must take energy saving seriously
Janice Heng - Energy authority’s warning should prompt behavioural change, not merely calls for support
Indonesia to limit fuel sales to counter Iran war impact
Large 5.74ha Bayshore Drive mixed-use GLS site could draw $2 bil top bid: analysts
Jovi Ho - The large, 5.74ha Government Land Sales (GLS) plot at Bayshore Drive could draw up to six bids from developer consortiums, with the top bid expected to set a potential record of around $2 billion, according to analysts. The Urban Redevelopment Authority (URA) launched the tender for the Bayshore Dri ...
Helium stocks of South Korea's chipmakers to last until June, sources say
SEOUL, March 31 : South Korea has sufficient helium stocks until at least June, two sources said, while the industry minister ruled out any first-half supply disruptions, allaying worries over the Iran war's impact on supplies of the gas crucial for chipmaking. Prices of helium, a by-product of ...
Oil could spike to US$200 if Hormuz remains shut: energy consultancy
Every week, 100 million barrels of oil is not going through, and every month, 400 million barrels are not going through
Oil could spike to US$200 if Hormuz remains shut, Fesharaki warns
Every week, 100 million barrels of oil is not going through, and every month, 400 million barrels are not going through
Samsung Electronics to cancel $9.55 billion worth of treasury shares
SEOUL, March 31 : Samsung Electronics plans to cancel treasury shares on Thursday to boost shareholder value, a regulatory filing on showed Tuesday, in a deal worth about 14.6 trillion won ($9.55 billion) based on the shares' Monday closing price.Based on the shares' book value, the planne ...
Pricier fuel hits Tokyo cherry blossom river cruises
TOKYO, March 31 : A few dozen tourists hopped onto a small cruise boat in Tokyo to admire the cherry blossoms lining the Meguro River - a seasonal attraction that could soon become costlier for passengers and operators alike.The pink and white flowers that blossom in spring on cherry trees across Ja ...
Nebius furthers European expansion with $10 billion AI data centre in Finland
HELSINKI, March 31 : AI infrastructure firm Nebius Group on Tuesday said it was continuing its rapid European expansion with a 310-megawatt data centre in Finland, which would be one of the continent's largest with an estimated value of more than $10 billion as demand for AI computing grows.The ...
Logistics giant Katoen Natie to invest S$60 million in new Jurong Island facility
Sharanya Pillai - The company is investing an additional S$3.1 million in a fully automated storage and retrieval system
Exclusive-Vingroup proposes scrapping LNG-powered plant plan for renewables amid Iran war, document shows
HANOI, March 31 : Vingroup has told Vietnam's government it wants to ditch a plan to build the country's largest LNG-fired power plant and embark on a renewable energy project instead, as the Iran war has boosted the risk of the fuel becoming too expensive, a document showed.The March 25 d ...
Japan Post Insurance to acquire 2.9% stake in Britain's Ashmore Group
March 31 : British wealth manager Ashmore said on Tuesday that Japan Post Insurance (JPI) had agreed to acquire up to a 2.9 per cent stake in the company and also invest $1 billion in Ashmore-managed emerging market funds."Emerging markets represent a strategically important and growing asset c ...
Big Tech's $635 billion AI spending faces energy shock test, S&P Global says
TOKYO, March 31 : Massive investments in artificial intelligence that underpinned record runs in equities face a major hurdle as the Middle East crisis clouds prospects for growth and energy costs, said Melissa Otto, head of research at S&P Global Visible Alpha.Before the Iran war broke out, tec ...
HSBC upgrades Singapore equities outlook to overweight
Kwan Wei Kevin Tan - HSBC’s head of Asia equity strategy, Herald van der Linde, has upgraded his outlook on Singapore equities to overweight from neutral. Van der Linde’s assessment of the Singapore market was published in a report he co-wrote with HSBC analysts Prerna Garg, Adam Qi, and Varun Pai on March 31. Title ...
Raspberry Pi earnings beat expectations on demand and higher prices
LONDON, March 31 : Single-board computing company Raspberry Pi reported a better-than-expected 25 per cent rise in annual earnings, helped by strengthening demand and price increases linked to higher memory chip costs, sending its shares up 26 per cent on Tuesday.The British company shipped 4 millio ...
Raspberry Pi reports better-than-expected 25% rise in full-year earnings
LONDON, March 31 : Single-board computing company Raspberry Pi reported a better-than-expected 25 per cent rise in annual adjusted core earnings to $46.4 million on Tuesday, helped by strengthening demand and favourable unit economics in the second half.The British company shipped 4 million units in ...
Central Hong Kong office market’s recovery is uneven among submarkets: DBS
Gerine Tang Yi Qian - After years of falling rents and rising vacancies, Central — Hong Kong’s core business district — is showing signs of stabilisation. The rebound is being driven by renewed capital markets activities and fresh demand from financial institutions, according to a March 19 report by DBS Group Resea ...
IMDA Issues Letters of Caution to X and TikTok for CSEM and terrorism
The Edge Singapore - The Infocomm Media Development Authority (IMDA) has issued Letters of Caution to X and TikTok for serious weaknesses in their measures to proactively detect and remove child sexual exploitation and abuse material (CSEM) and terrorism content respectively. They have also been placed under Enhanced Su ...
Over one million Singaporean households to get utility, service and conservancy rebates in April
[SINGAPORE] More than one million Singaporean households in HDB flats will receive rebates on their utility and conservancy bills in April, as...
Over 1 million Singaporean households to get utility, service and conservancy rebates in April
[SINGAPORE] More than 1 million Singaporean households in HDB flats will receive rebates on their utility and conservancy bills in April, as...
Microsoft plans US$1 billion investment in Thailand, Thai government says
[BANGKOK] Microsoft plans to invest US$1 billion in Thailand over the next two years in cloud services and AI infrastructure, the Thai...
Grab, Strides raise fares, unveil driver support measures amid rising fuel costs
Shikhar Gupta - Grab’s fuel surcharge will be adjusted to S$0.90 per trip, while Strides’ street-hail fares will rise S$0.01 per distance and time-based unit
Grab announces S$1.1 million driver support, S$0.40 fare surcharge
Shikhar Gupta - Passengers will see the fuel surcharge being adjusted from S$0.50 to S$0.90 per trip across all transport services on the Grab platform,...
Japan brands yen falls as 'speculative' as Iran war ignites sell-off
TOKYO, March 31 : Japan on Tuesday labelled recent yen falls as speculative for the first time since the Middle East war began, shifting its focus back to currency short-sellers as policymakers braced for a triple market sell-off driven by fresh inflationary concerns.While data showed core inflation ...
CDL’s Millennium Hotels and Resorts appoints Cinn Tan as chief commercial officer
Jovi Ho - Millennium Hotels and Resorts (MHR), a Hong Leong Group subsidiary of City Developments (CDL), has appointed Cinn Tan as chief commercial officer. According to a March 31 announcement, Tan joined MHR in January. Prior to that, Tan was chief commercial and marketing office at Pan Pacific Hotels Group ...
Microsoft plans $1 billion investment in Thailand, Thai government says
BANGKOK, March 31 : Microsoft plans to invest $1 billion in Thailand over the next two years in cloud services and AI, the Thai government said in a statement.
Lim and Tan initiates ‘buy’ rating for Beng Kuang Marine
Lin Daoyi - On the back of successful execution of business strategies to enhance shareholder value and sector tailwinds, Lim and Tan Securities have initiated coverage on Beng Kuang Marine with a “buy” rating at target price of 53.5 cents. In their March 31 report, Nicholas Yon and Chan En Jie note that CE ...
Higher electricity and gas household tariffs from April to June as energy and fuel costs rise
Authorities warn of "potentially sharper increases" in electricity and town gas tariffs in subsequent quarters due to the Middle East conflict.
Singapore could see 'potentially sharper increases' in electricity, gas tariffs due to Middle East conflict: EMA
The electricity and gas tariffs for the April to June period are only partially affected by the rise in fuel prices, says EMA.
Singapore likely to see sharper hikes in electricity, town gas tariffs amid Middle East war: EMA
Deon Loke - Household and business consumers should use more energy-efficient appliances and conserve energy, says the authority
Gold set for worst month in more than 17 years as US rate-cut hopes fade
Bullion has fallen more than 13 per cent so far this month
Why orchestration is manufacturing’s next growth engine
Amit Khandelwal - Singapore’s edge as a global trade hub hinges on a manufacturing industry that is both advanced and resilient. To stay ahead, factory floors must operate with zero downtime, friction-free workflows, and real-time data-driven adaptability. The Singapore Budget 2026 tackles this head-on, placing adv ...
Blackstone to debut first hedge fund for mini-millionaires
The new fund aims to make relatively liquid bets across an array of asset classes
