Bank of Korea to hold rates at 2.50% as war-driven uncertainty persists: Reuters poll
BENGALURU, April 8 : The Bank of Korea will keep its key interest rate unchanged at 2.50 per cent on Thursday and for the rest of the year, a Reuters poll forecast, as policymakers assess the impact of the Iran war on domestic cost pressures.Since the start of the U.S.-Israeli strikes on Iran, oil p ...
Gold extends gains as Trump pauses Iran attacks for two weeks
Gold, which started the year on a strong note, has fallen more than 8 per cent since the Iran war began on Feb 28.
Stock to watch: PSC Corporation
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 8):
Elon Musk seeks removal of OpenAI CEO Sam Altman as trial looms
ELON Musk is seeking to have OpenAI chief executive officer and board member Sam Altman removed from his roles at the artificial...
CK Hutchison's Panama unit files arbitration against Maersk over ports takeover
PANAMA CITY, April 7 : Hong Kong-based conglomerate CK Hutchison's Panama unit has launched an arbitration against Maersk after the takeover of two strategic ports near the Panama Canal which are at the center of a legal battle that has embroiled Beijing and Washington.In a statement, Panama Po ...
Gold climbs after Trump agrees to two-week ceasefire in Iran
Now in its sixth week, the war in the Middle East has driven a spike in energy prices and raised inflationary risks
Central banks’ concern over rising geopolitical tensions surges: survey
Almost 70 per cent of banks surveyed ranked geopolitics as their top risk
China and Russia veto UN resolution on protecting Hormuz shipping
Oil prices have surged since the US and Israel struck Iran at the end of February
US crude futures fall $12.04 to $100.90/bbl after Trump announces two week ceasefire
PERTH, April 8 : U.S. West Texas Intermediate crude oil fell more than $12 per barrel in early trade on Wednesday after U.S. President Donald Trump said he had agreed to a ceasefire with Iran.WTI crude dated for May delivery fell $12.04 or 10.66 per cent, to $100.90 per barrel as of 2251 GMT.The ann ...
Crude prices plunge and stocks surge after US, Iran ceasefire announcement
The US-Israeli war with Iran saw the steepest monthly oil price rise in history in March, at more than 50 per cent.
US crude slumps below US$100 after Trump announces two-week ceasefire
PERTH: US West Texas Intermediate crude fell by nearly US$20 per barrel on Wednesday (Apr 8) after US President Donald Trump said he had agreed to a two-week ceasefire with Iran that was subject to the immediate and safe reopening of the Strait of Hormuz.WTI crude for May delivery fell US$18.10, or ...
A formal ‘say on pay’ may be more effective than better disclosure
This gives shareholders the right to vote on executive pay to ensure it actually aligns with performance
No longer ‘boilerplate’: Force majeure provisions under fresh scrutiny, say Singapore lawyers
Benicia Tan - Granular provisions are replacing broad, generic language in this ‘unloved’ section of contracts
US and Iran agree to ceasefire hours before Trump deadline
The deal buys time for the two sides to reach a longer agreement to end the six-week-old war
Trump says he has agreed to suspend ‘bombing and attack of Iran’ for two weeks
Pakistan has been a mediator between Washington and Tehran
US crude futures fall $4.45 or 3.94% to $108.50/bbl on open
PERTH, April 8 : U.S. West Texas Intermediate crude oil fell in early trade on Wednesday, roughly two hours ahead of U.S. President Donald Trump's deadline for Iran to open the Strait of Hormuz.WTI crude dated for May delivery fell $4.45, or 3.94 per cent, to $108.50 per barrel as of 2216 GMT. ...
Pakistan PM seeks two-week extension to Trump’s deadline on Iran
There has been no sign of a compromise so far
Apple’s foldable iPhone remains on track for September debut
The device is a major initiative for the company
Oil slumps below US$100 as Iran agrees to open Hormuz in ceasefire
The near-closure of the Strait of Hormuz has roiled energy markets
Brent settles down on economic worries, US crude up ahead of Trump deadline for Iran
[NEW YORK] Oil prices settled mixed on Tuesday, with Brent down on worries that high energy prices could slow economic growth, while US crude...
European shares decline as markets turn wary ahead of Trump’s Iran deadline
EUROPEAN shares retreated on Tuesday, led by declines in defence and healthcare stocks, as investors turned cautious ahead of US President Donald Trump’s...
US stocks: Wall Street closes mixed, with signs of progress as Trump’s Iran deadline draws near
[NEW YORK] US stocks ended mixed on Tuesday amid signs of progress in negotiations as the minutes ticked down to President Donald Trump’s deadline...
Germany intelligence agency warns of Russian APT28 cyber spying
BERLIN, April 7 : Germany’s domestic intelligence agency warned on Tuesday of cyberattacks by the Russian state-linked hacker group APT28, saying it had compromised vulnerable TP-Link internet routers to spy on military, government and critical infrastructure targets.The Federal Office for the Pro ...
Trading Day: Trump's Iran deadline looms
PIMCO weighs $14 billion debt deal for Oracle's Michigan data center, Bloomberg News reports
April 7 : Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt financing to build an Oracle data center in Michigan, Bloomberg News reported on Tuesday, citing people familiar with the matter.If finalised, the deal could make PIMCO a key ...
Anthropic touts AI cybersecurity project with Big Tech partners
April 7 : Anthropic on Tuesday announced an initiative with major technology companies, including Amazon.com, Microsoft and Apple, that lets partners preview an advanced model with cybersecurity capabilities developed by the AI startup.Under its "Project Glasswing", select organizations wi ...
Hyundai resuming new Palisade SUV sales after finalizing fix
WASHINGTON, April 7 : Hyundai Motor said Tuesday it is lifting a halt on sales of recalled 2026 Palisade SUVs after finalizing a fix for a power seat issue that resulted in the death of a two-year-old girl in Ohio.The Korean automaker said it finalized a software update for 2026 model year Palisade ...
SIC to take no further action against Popiah King Sam Goi on breach of takeover code
Derryn Wong - Goi says he misunderstood the provisions of the code; the council is also factoring in his cooperation and remedial actions
Energy costs, governance caps and overtrust could derail AI’s promise in Asia: panellists
Jean Low - A trust gap exists because AI sees data but lacks the common sense and intuition that people have, said one speaker
Energy costs, governance caps could derail AI’s promise in Asia: panellists
Jean Low - A trust gap exists because AI sees data but lacks the common sense and intuition that people have, said one speaker
The risks in Asia’s AI rush
Jean Low - Panellists warn that energy dependence, governance gaps and overtrust could derail AI’s promise in Asia
Intel joins Musk’s Terafab AI chip project to power humanoid, data center goals
The partnership is set to boost investor confidence as the chipmaker’s turnaround efforts gather steam
Thousands of small fish defy gravity to climb Congo waterfall
April 7 : A species of small fish has been observed by the thousands climbing a vertical waterfall 15 metres (50 feet) tall in the Democratic Republic of Congo in a behaviour that illustrates the surprising and ingenious ways animals can adapt to extreme environments.The researchers documented how t ...
Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens
LONDON, April 7 - European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the U.S.-Israel war with Iran.The Iran war has forced the shutdown of at least 12 million ...
