Japan finance minister warns of high FX volatility, signals readiness to act
TOKYO, April 3 : Japanese Finance Minister Satsuki Katayama on Friday put currency traders on notice, saying the government stands ready to act against speculative moves in foreign exchange markets as volatility has risen "significantly."The yen, trading near the psychologically key 160-pe ...
JERA's LNG purchase deal with US Commonwealth LNG terminated, DOE filing shows
TOKYO, April 3 : A long-term liquefied natural gas sales and purchase agreement entered into last year between Japan's largest power generator, JERA, and U.S. LNG developer Commonwealth LNG has been terminated, according to a document filed with the U.S. Department of Energy.Last June, JERA, al ...
US$14.8 million in prepayments to vendors behind Mirxes’ missed 2025 results deadline; independent probe set up
Tessa Oh - The investigation committee will oversee a review of 14 transactions and ‘associated subsequent events’
US$14.8 million in prepayments to vendors reason behind Mirxes’ missed 2025 results deadline; independent probe set up
Tessa Oh - The committee appoints independent professional advisers to review background, details of transactions
Nanyang New Development aborts plans to invest in gold business
The Edge Singapore - Nanyang New Development's plan to move into the business of brokering gold bullion, as well as retail sales of jewellery, has been aborted. As first announced on Feb 7, the company plans to invest $1 million in an entity called Gold Bar Pte Ltd, a registered dealer incorporated in May 2023 and ...
Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran
[HOUSTON] US crude oil futures for immediate delivery next month hit their largest-ever premium over the second-month contract on Thursday, as traders...
Japan's services growth slows as Middle East war dents confidence, PMI shows
TOKYO, April 3 : Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising uncertainty over the Middle East war crushed business confidence to its lowest level since the pandemic.Here are the key details: • The S&P Global final ...
Europe: Shares trim losses on hopes of reopening of Strait of Hormuz
[BENGALURU] Europe’s main stock index trimmed losses on renewed hopes of a reopening of the crucial Strait of Hormuz, even as US...
US: Wall Street ends mixed as worries linger before Good Friday break
[NEW YORK] US stocks ended slightly mixed on Thursday (Apr 2) after paring deeper losses, as diplomatic signals from the Middle East...
What elevated gold prices are telling us, and where to invest
Tong Kooi Ong + Asia Analytica - Gold has been on a remarkable run in the last three years. Prices peaked at US$5,595 ($7,178) an ounce in January 2026, from a three-year low of US$1,805 an ounce in February 2023 — equivalent to a compounded annual gain of 45.8%. In 2025 alone, gold price gained 64.5%. The rally coincided with a ...
Artemis capsule boost puts astronauts moon-bound for record-breaking journey
ORLANDO, Florida, April 2 : The Orion capsule carrying four astronauts in NASA's Artemis II mission executed a key thruster firing on Thursday that will kick the crew out of Earth's orbit and on a path toward the moon, committing them to reaching the farthest distance humans have ever trav ...
Amid an emerging market bond sell-off, traders eye attractive Asean moves
Evan See - Malaysia and Philippine debt could see inflows, but Iran conflict may keep credit conditions fragile
Technology, industrial sectors lift STI Q1 total returns to 5.6%
Koh Kim Xuan - ST Engineering, Wilmar, SGX among top performing stocks for Q1
Broadcom taps Alphabet executive Amie Thuener as next CFO
April 2 : U.S. chipmaker Broadcom on Thursday named Alphabet executive Amie Thuener as its next finance chief, effective June 12, when incumbent Kirsten Spears retires.Thuener is currently Alphabet's vice president, corporate controller and chief accounting officer.In the past, she has also ser ...
Amazon must negotiate with Staten Island warehouse workers, NLRB says
SAN FRANCISCO, April 2 : Amazon must negotiate with a labor union representing some 5,000 workers at a company warehouse on Staten Island, the National Labor Relations Board ruled on Wednesday.The ruling means Amazon is required to meet with representatives of the Amazon Labor Union, which formed in ...
MetaOptics is metalens player ‘with scalable growth’, says UOB Kay Hian in unrated report
Felicia Tan - Catalist-listed semiconductor optics firm MetaOptics could emerge as a scalable metalens player, says the Singapore research team at UOB Kay Hian. “The group is differentiated by its focus on colour metalenses, positioning it to benefit from a high-growth market,” says the team in its March 31 r ...
OpenAI acquires technology talk show TBPN in surprise move
April 2 : OpenAI, jostling with Anthropic for enterprise customers, has bought TBPN, an online tech talk show that has built a loyal Silicon Valley following through interviews with industry CEOs.Entrepreneurs John Coogan and Jordi Hays, who started TBPN in late 2024 with the aim of competing with i ...
Dinosaur collagen used to create one-of-a-kind handbag
AMSTERDAM, April 2 : Scientists and designers unveiled on Thursday a handbag made with collagen derived from Tyrannosaurus rex fossils from the U.S. in a unique creation intended to demonstrate the value of laboratory-grown leather.The teal-coloured bag was displayed on a rock in a cage under a repl ...
Exclusive-SpaceX has held talks with Saudi fund for possible $5 billion investment in IPO, sources say
NEW YORK, April 2 : Billionaire Elon Musk’s SpaceX has had discussions with Saudi Arabia’s Public Investment Fund about PIF potentially taking an anchor stake of around $5 billion in the space company’s IPO, according to two people familiar with the matter.The investment would partly prevent d ...
Coinbase gets conditional US approval for trust charter, Bloomberg News reports
April 2 : Coinbase Global has received conditional approval from banking regulators for a national trust company charter, Bloomberg News reported on Thursday, in a move that could boost the biggest U.S. cryptocurrency exchange's appeal among large institutional investors. Full approval from the ...
Coinbase gets conditional US approval for trust charter
April 2 : Coinbase Global has received conditional approval from banking regulators for a national trust company charter, it said on Thursday, a move that could boost the top U.S. cryptocurrency exchange's appeal among large institutional investors. The U.S. has been taking a more crypto-friend ...
Geo Energy seeks to raise up to $18.375 mil by placing out new shares at 52.5 cents
Teo Zheng Long - Geo Energy Resources (SGX: RE4 ) plans to raise up to $18.375 by placing out up to 35 million new shares at 52.5 cents each. The placement price represents a discount of approximately 3.1% to the volume weighted average price of 54.2 cents and a discount of approximately 1.9% to the closing price of ...
AI animation studio Toonstar, HarperCollins team up on animated book projects
April 2 - Artificial intelligence powered animation studio Toonstar on Thursday unveiled a multi-year partnership with News Corp-owned HarperCollins to produce a slate of original animated series based on select titles from the book publisher.The partnership aims to expand access to HarperCollins� ...
Group of WTO states agrees not to impose e-commerce duties
GENEVA, April 2 : A group of states has agreed not to impose e-commerce customs duties among themselves after World Trade Organization members failed to agree on an extension to a long-running moratorium, a document showed on Thursday.Days of talks among trade ministers in Cameroon's capital Ya ...
Watch stocks attract interest, Oiltek is overbought, STI’s consolidation continues
Goola Warden - Oiltek International rose by 31% during the week March 30- Apr 2, to a new all-time high of $1.55, driving 21-day RSI to an all-time high of 87, which is an overbought high. Right Timing had an upside of $1.65 for Oiltek, and this may be tested before a correction sets in. The movement in the past f ...
Tesla’s EV sales miss expectations again in deepening slump
The company delivers 358,023 vehicles worldwide in the first quarter
Wall St opens lower after Trump's comments dent Iran resolution hopes
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Apr 2), in the last session of a holiday-truncated week, after President...
Singapore stocks end lower on Thursday amid geopolitical uncertainty; STI down 0.6%
Ranamita Chakraborty - Across the broader market, decliners outnumber advancers 368 to 210, after 1.5 billion securities worth S$1.7 billion change hands
Blackstone’s AirTrunk picks banks for Singapore Reit IPO: sources
Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing
DBS, Citigroup to help Blackstone’s AirTrunk list Singapore Reit: sources
Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing
Netflix searches for franchises after losing out on Harry Potter
LOS ANGELES, April 2 : After losing its bid for Warner Bros Discovery’s rich trove of characters and stories, Netflix is forging ahead with the challenging work of building culture-defining franchises on its own.Chief Creative Officer Bela Bajaria said Netflix would keep investing in original idea ...
Competition watchdog seeks public feedback for Zuellig Pharma-Eli Lilly deal
Shikhar Gupta - Pact includes Zuellig Pharma having exclusive rights to manufacture the prescription erectile dysfunction medication, Cialis, in Singapore
Indonesia publishes list of high-concentration stocks following MSCI transparency push
Elisa Valenta - It reveals the level of ownership concentration among a company’s shareholders
Indonesia names companies with high ownership concentration following MSCI transparency push
Elisa Valenta - List includes Barito Renewables Energy and Dian Swastatika Sentosa
