India's MobiKwik gets central bank nod for non-banking financial company licence
BENGALURU, April 27 : India's MobiKwik Group has received an approval from the Reserve Bank of India for a non-banking financial company (NBFC) licence, One MobiKwik Systems said on Monday.
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
The Middle East conflict has meant increased freight costs for food exporters
Dollar dips as traders eye US-Iran talks, central banks
April 27 : The U.S. dollar fell slightly on Monday as wavering hopes of a deal to end the Middle East war left investors on edge ahead of a slate of central bank meetings later this week.The Japanese yen was pinned just beneath the crucial 160 level ahead of the Bank of Japan's policy decision ...
Dollar steady as traders eye US-Iran talks, central banks
April 27 : The U.S. dollar was steady on Monday as wavering hopes of a deal to end the Middle East war left investors on edge ahead of a slate of central bank meetings later this week.The Japanese yen was pinned just beneath the crucial 160 level ahead of the Bank of Japan's policy decision lat ...
Qingjian venture markets Hudson Place Residences in one-north from over S$2,200 psf
Chong Xin Wei - The development has 327 units and retail space spanning 400 sq m
Nissan raises fiscal 2025 operating profit forecast
TOKYO, April 27 : Nissan Motor on Monday said it expects to post an operating profit of 50 billion yen ($313.99 million) for the fiscal year that ended in March, a turnaround from a previous forecast of a loss of 60 billion yen.The Japanese automaker said the change was driven by a one-time benefit ...
Nissan to revise outlook to $313 million profit from previously forecast loss, NHK says
TOKYO, April 27 : Nissan Motor will revise its fiscal year earnings forecast to show an operating profit from a previously expected loss, public broadcaster NHK on Monday.The Japanese automaker now expects operating profit of 50 billion yen ($313.89 million) for the fiscal year ended March, compared ...
Japan's Nikkei closes above 60,000 for first time on earnings optimism
It finished the session at an unprecedented 60,537.36
Citing start of multi-year earnings growth cycle, CGS International's Tng doubles AEM's target price to $10.15
The Edge Singapore - William Tng of CGS International has raised more than doubled his target price for AEM Holdings from $4.86 to $10.15, on the premise that the chip tester is just starting on its next multi-year earnings upcycle, which, in turn, is riding on key customer Intel Corp's own pick up in prospects due ...
Hong Kong airport taps local debt boom with US$1.9 billion plan
It plans to price the multi‑tranche deal as early as Tuesday
JP Morgan, DBS and RHB remain positive on Suntec REIT but Morgan Stanley has a $1.10 target
The Edge Singapore - Suntec REIT’s 1Q2026 distributions per unit (DPU) which rose 23.9% y-o-y but fell 7.9% q-o-q to 1.936 cents. Nonetheless, DPU was better than Bloomberg’s consensus. It was also ahead of JP Morgan’s estimates. The outperformance was underpinned by strong Singapore office and retail performance, ...
JP Morgan, DBS and RHB remain positive on Suntec REIT but Morgan Stanley a $1.10 target
The Edge Singapore - Suntec REIT’s 1Q2026 distributions per unit (DPU) which rose 23.9% y-o-y but fell 7.9% q-o-q to 1.936 cents. Nonetheless, DPU was better than Bloomberg’s consensus. It was also ahead of JP Morgan’s estimates. The outperformance was underpinned by strong Singapore office and retail performance, ...
Malaysia’s 8th richest man Jeffrey Cheah wants Sunway business to last 10 generations
Jamille Tran - After weathering two crises, Sunway’s founder pairs professional management with slow-burn succession to keep the business and family intact
Sunway ‘sniffing around’ for opportunities: Tycoon Jeffrey Cheah wants business to last 10 generations
Jamille Tran - After weathering two crises, Sunway’s founder pairs professional management with slow-burn succession to keep the business and family intact
Toyota sees sales decline as Iran conflict looms over operations
The company has been able to keep churning out cars, with worldwide production climbing 3.9% to one million units
Travelling Down Under? Spending could be hit as Aussie dollar nears one-year high against Singdollar
A stronger Australian dollar means that Singaporeans are getting less bang for their buck
Japan to tighten rules for shareholder proposals amid pushback against activism
Some business lobbies want the hurdles to be further raised
China’s metals industry racked up huge profits in first quarter
The big jump in metal-making profits reflects a broader reflation underway across the Chinese economy
Hmlet co-founder returns as CEO as a Mitsubishi Estate unit acquires Habyt’s Apac operations
Benjamin Cher - Yoan Kamalski says Hmlet 2.0 aims to create a ‘fully integrated, technology-driven flexible living ecosystem’
Hmlet co-founder returns as CEO as Mitsubishi Estate-backed unit acquires Habyt’s Apac operations
Benjamin Cher - Yoan Kamalski says Hmlet 2.0 aims to create a ‘fully integrated, technology-driven flexible living ecosystem’
Bitcoin reaches 12-week high on Iran deal optimism
The token is up 16 per cent so far in April
Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals
April 27 : Demand for alternative satellite services from U.S. businesses and the Pentagon is resilient despite SpaceX's request to U.S. regulators to restrict access for European rivals, the CEO of European satellite operator Eutelsat said.In a letter to the Federal Communications Commission o ...
Malaysia’s energy windfall masks a burgeoning ‘two-speed’ economy
Tan Ai Leng - While higher oil prices have increased export revenues, businesses face strain from supply disruptions
Vietnam buys more LNG as temperatures set to rise above average
The next two weeks are forecast to be hotter than normal in the South-east Asia country
Iran war disrupts the circuit board supply chain, raises costs for tech firms
BEIJING/SEOUL, April 27 (Rtrs) - The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives said.The disr ...
State-owned China Merchants Group joins sale talks for CK Hutchison’s troubled ports
PORTS operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings’ ports, people...
AI boom drowns out Iran war fears to fuel Asia’s great market divide
In South and South-east Asia, higher oil prices are straining trade balances and sending stocks tumbling in India, Indonesia and the Philippines
MariBank posts wider losses on higher allowances in FY2025
Benjamin Cher - But, its total income is up at S$37.4 million, from S$24.4 million in the previous year
Japan's dour IPO market unlikely to improve despite sizzling debuts of sake, pet food firms
TOKYO, April 27 : Sparkling debuts on the Tokyo bourse by a sake brewery and pet food maker last week are unlikely to revive a moribund market for new stock listings in Japan as investors remain fixated on the artificial intelligence boom.Shares of Umenoyado Brewery surged 75 per cent on their first ...
SK Hynix shares rally 7% to a record high, beating Samsung's 2.5% gain
SEOUL, April 27 : Shares in Nvidia's chip supplier SK Hynix rallied more than 7 per cent to a record high on Monday, after U.S. chipmaker Intel's earnings results rekindled expectations of artificial intelligence demand.The South Korean company outperformed its rival Samsung Electronics, w ...
China tax authorities rattle metal market with invoice crackdown
The probe has ensnared a broad group of traders dealing in copper, aluminium and silver in Shanghai, according to several affected parties
India’s Sun Pharma to buy US-listed Organon in about US$11.8 billion deal
Sun Pharma will buy all the outstanding shares of Organon for US$14 per share
MOL will watch bunker supply from June as Middle East supply disruptions continue
Tay Peck Gek - The surge in freight costs has not significantly dented shipping demand, says Mitsui OSK Lines’ new CEO
The boring phase of AI is now over
Haim Israel / BofA Global Research - The two questions we are always think about when it comes to artificial intelligence (AI) are: “is it a bubble?” and “what industries, or jobs will be eliminated next, following the ‘Saas (Software as a Service)-Mageddon’ i.e. the meltdown of the software sector on the back of the new AI m ...
