CICT's $6.4 billion asset swap
The Edge Singapore - CapitaLand Integrated Commercial Trust (CICT), Asia’s largest REIT, has announced the divestment of Asia Sqaure Tower 2 (AST2) to IOI Properties for $2.476 billion, and the acquisition of the freehold Paragon for $3.9 billion. To partly fund Paragon, CICT has announced a placement to raise no less ...
Oil rises 5% on renewed tension after US seizes Iranian ship
Iran said it would retaliate amid growing worries of a resumption of hostilities
Oil claws back losses as Strait of Hormuz is closed again
The United States has maintained a blockade of Iranian ports
Global brands see revival in China as retail nationalism cools
The global success of Chinese brands has further eased defensiveness towards foreign labels
Japan manufacturers hurt most by aluminium shortage from Iran war
Most companies in the country often maintain about two months of inventory for parts or raw material
Whisky fund uncorks US$50 million play on casks after scams rattle market
Renald Yeo - The Platinum Whisky Investment Fund II draws lessons from its first iteration, will have a more active foreign exchange hedging strategy
The real ‘Value Unlock’ lies in Smids, where mispricing holds stocks hostage
Research coverage is still patchy in this segment, and the diligent can spot mispricing among related companies
Gender diversity, tenure length remain governance gaps among STI company chairpersons
Jean Low - Just two of the 30 constituents on Singapore’s blue-chip barometer are chaired by women
Coliwoo eyes growth overseas as parent LHN seeks next space-optimisation gem
Benjamin Cher - Co-living player eyes markets where renting is the norm; LHN mulls self-storage and even eldercare arenas
Catalist-listed Toku makes enterprise AI push as it pursues growth over near-term profit
Low Youjin - The company sees strong demand for the technology aligning with its expansion across global markets
Nasdaq-100 tests key resistance after sharp recovery
It is now testing the upper boundary of the prior double-top zone near 26,300
Less than six months after Nasdaq debut, Malaysia’s Alps Group pivots to bridge biotech access gap
Tan Ai Leng - It is expanding into insurance and education to rebuild valuation and put advanced treatments within reach for more people
ESG loans in South-east Asia fall 46% in Q1 2026 amid heightened volatility from Iran war
Janice Lim - Proceeds from environmental, social and governance bonds decline 26.5% over the same period
Traders brace for renewed turmoil on Strait of Hormuz stand-off
Oil is where the gap between market pricing and physical reality has been widest
Dollar rebounds as Middle East tensions reignite, Hormuz closed
TOKYO, April 20 : The dollar headed for its highest level in a week at the start of Asian trading on Monday as renewed tensions in the Middle East sent investors scurrying for safe havens.The dollar index, which measures the greenback's strength against a basket of six currencies, climbed as mu ...
Teheran vows to retaliate after US seizes first Iranian ship in blockade
Iran also said it would not participate in a second round of negotiations
Tehran vows to retaliate after US seizes first Iranian ship in blockade
Iran also said it would not participate in a second round of negotiations
US seizes first Iranian ship in blockade, as Teheran rejects new peace talks
Trump had warned Iran that the US would destroy every bridge and power plant in Iran if Teheran rejected his terms
US seizes first Iranian ship in blockade, imperilling talks
The stand-off over Hormuz threatens to deepen the global energy crisis and is undermining Trump’s weekend prediction of a quick end to...
EV sales soar in main European markets as drivers shun expensive petrol
The region’s five largest EV markets have recorded growth of more than 40% in BEV sales so far this year
Oil jumps and stock futures slip as Iran tensions unsettle markets
In early Asian trading, Brent crude futures jumped about 7 per cent to US$96.85 a barrel and S&P 500 futures fell about 0.9 per cent.
Google in talks with Marvell to build new AI chips: report
The companies aim to finalise the design of the memory processing unit as soon as next year before handing it off for...
US security agency is using Anthropic's Mythos despite blacklist, Axios reports
April 19 : The United States National Security Agency is using Anthropic's Mythos Preview AI tool despite the Pentagon hitting the company with a formal supply-chain risk designation, Axios reported on Sunday. The Mythos Preview model was being used more widely within the department, Axios said ...
India's gold-buying festival sees tepid demand on price surge
MUMBAI, April 19 : Gold demand during one of India's key buying festivals stayed muted on Sunday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand.Indians celebrated Akshaya Tritiya, the second-biggest gold-buying festival after Dhanteras, when purchas ...
Google in talks with Marvell to build new AI chips, The Information reports
April 19 : Alphabet's Google is in talks with Marvell Technology to develop two new chips aimed at running AI models more efficiently, The Information reported on Sunday citing two people with knowledge of the discussions. One of the chips is a memory processing unit designed to work with Googl ...
Google in talks with Marvell to build new AI chips for inference, The Information reports
April 19 : Google is in talks with Marvell Technology to develop two new chips aimed at running AI models more efficiently, The Information reported on Sunday citing two people with knowledge of the discussions. Reuters could not immediately verify the report.
Allies fear a rushed US-Iran framework deal could backfire, leaving technical deadlock
Technical disputes over uranium enrichment and sanctions relief remain unresolved, diplomats warn
Blue Origin says it has landed reused New Glenn rocket booster
April 19 : Blue Origin on Sunday said its New Glenn rocket booster touched down after the launch, marking its first landing of a reused booster. "BOOSTER TOUCHDOWN! “Never Tell Me The Odds” has done it again!", Blue Origin said in an X post.
Say ‘yes’ to that work stint abroad and roll with the challenges: Sun Life’s Jessica Tan
Vivien Shiao - The Singapore executive’s career has spanned the most dynamic growth cycles in recent decades
South Korea, US agree that Korean won's excessive volatility not desirable
SEOUL, April 19 : South Korean Finance Minister Koo Yun-cheol and U.S. Treasury Secretary Scott Bessent agreed that excessive volatility in the Korean won was not desirable and that they would continue consultations on the foreign exchange market, Seoul said on Sunday. Bessent also welcomed South Ko ...
KK Fong, who rode to riches on print and fell from the dotcom burst, has died
The Edge Singapore - Notable business figure, Fong Kah Kuen, better known as KK Fong, has died. He was 74 years old. Fong, via his company Xpress Print, is known within the local financial community in the pre-Internet era got providing quick turnaround printing of time sensitive research reports, IPO prospectuses and a ...
Raffles Medical’s China business is underperforming but group says time is needed to deliver
Tay Peck Gek - Senior management has observed the sector for more than 30 years before considering venturing into the north Asian market
Crypto hack worth US$290 million triggers DeFi contagion shock
HACKERS exploited a cross-chain bridge on Saturday (Apr 18), draining nearly US$300 million from a key piece of decentralised finance infrastructure and...
ESR Reit’s FY2026 DPU will drop if divestment proceeds are not redeployed: manager
Tay Peck Gek - Geopolitical tensions ‘have contributed to volatility in energy prices and inflation expectations’, it notes