OCBC's Lim maintains 'hold' call on First REIT following planned $471.6 mil divestment
The Edge Singapore - First REIT has announced the sale of assets worth some $471.6 million to linked party Siloam International Hospitals, as part of its strategic review. The assets to be sold consists of 8 hospitals and 3 non-hospital assets, which is a slight premium of 2.1% over valuations. First REIT has also been ...
Share buybacks driving OCBC’s stock into new territory: analysts
Chloe Lim - Investors also like lender’s robust wealth business and net new money momentum in Q4
Share buyback scheme has helped OCBC’s recent sector outperformance: analysts
Chloe Lim - Broader investor discussions also note positives such as lender’s robust wealth flows and net new money momentum in Q4
Treasury yields spike as Trump offers no respite for inflation fears amid Middle East crisis
[SYDNEY] - Treasury yields were jerked higher in Asia on Thursday (Apr 2) as dashed hopes for an early end to the...
Global central banks mostly on hold as war muddies economic outlook
NEW YORK, April 2 : Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook.Policymakers across both developed and emerging markets ...
Nvidia chips probe in S’pore: CFO of local tech firm becomes fourth executive to be charged
Jenny Lim of Aperia Cloud Services was handed one charge for fraud by the District Court in Singapore on April 2.
CapitaLand Investment to speed up divestments, capital recycling in China portfolio
Deon Loke - Market softness in China triggers higher revaluation losses in FY2025
High order backlog, global ‘defence inflexion point’: Analysts positive on ST Engineering’s contract win
Shikhar Gupta - Views on the company’s outlook, however, are mixed
High order backlog, global defence inflection point: Analysts positive on ST Engineering’s contract win
Shikhar Gupta - While analysts are mixed on the company’s outlook, the contract win is seen positively
CGSI downgrades ST Engineering to ‘hold’ on potential de-escalation of Middle East conflict
Shikhar Gupta - Still, its and Citi’s analysts view its increasing foothold in the Middle East positively
Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism
SYDNEY, April 2 : People who show violent extremist tendencies on ChatGPT will be directed to human and chatbot‑based deradicalisation support through a new tool in development in New Zealand, the people behind it said.The initiative is the latest attempt to address safety concerns in the face of ...
Market reform and opportunities within Singapore’s equity market
Teo Zheng Long - On March 24, The Edge Singapore and State Street Investment Management organised Shaping Tomorrow’s Markets: ETF Strategies and Economic Outlook to help investors understand the need for portfolio diversification and risk mitigation at a time of geopolitical tensions and shifting trade policies. H ...
China drains cash from economy in rare move during oil shock
The central bank withdraws a total of 890 billion yuan worth of liquidity via short-term open market operations in March
China drains cash from economy in rare pullback during oil shock
CHINA’S central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its...
The sad demise of China’s economic debate
Stephen S Roach - A few years ago, I had a hunch that China’s long-standing culture of spirited debate over economic policy would disappear. And now that has come to pass. That is the message sent by the sad demise of the China Development Forum (CDF), a gathering that I had the privilege of attending since its inc ...
Gold falls as Trump gives no clarity on ending Iran war
It has dropped 11 per cent in March, its worst monthly loss since 2008
Much ado about nothing? Understanding Singapore’s high gross public debt
Tee Koon Hui - Singapore’s gross public debt stands at around 170% of GDP — among the highest of advanced economies. Among the OECD countries, only Japan’s debt is higher at around 220%, while Singapore’s debt exceeds that of Greece, Italy and the US. Yet this striking headline figure has not triggered fin ...
Malaysia Aviation Group reports higher profits in 2025
KUALA LUMPUR, April 2 : Malaysia Aviation Group, the operator of national carrier Malaysia Airlines, said on Thursday that its 2025 profits increased compared to the previous year amid sustained travel demand and better network optimisation. MAG, owned by Malaysian sovereign wealth fund Khazanah Nas ...
Stocks slide, dollar advances after Trump speech on Iran war
Stocks retreated after US President Donald Trump said the US would strike Iran "extremely hard" over the next two to three weeks.
China’s worst tech earnings in three years signal tough comeback
CHINESE technology companies reported their weakest quarterly profit growth in three years, leaving more doubt for investors looking for a recovery in...
Watch live: US President Donald Trump addresses nation on Iran war
[WASHINGTON, D.C.] US President Donald Trump is delivering a prime-time national address on the Iran war. Watch his speech live via the...
Nikkei rises on Middle East de-escalation hopes ahead of Trump speech
[TOKYO] Japan’s Nikkei share average rose on Thursday, lifted by hopes of a de-escalation in the Middle East conflict, with investors awaiting...
Safe-haven bid pushes dollar higher as Trump talks tough on Iran
NEW YORK, April 2 : The dollar rose sharply from two straight sessions of losses on Thursday after U.S. President Donald Trump's speech on Iran undermined market expectations of a swift end to the conflict, renewing a bid for safe-haven assets.Trump vowed more aggressive strikes on Iran in the ...
Dollar jumps as Trump pledges more Iran strikes
HONG KONG, April 2 : The dollar rose sharply on Thursday after U.S. President Donald Trump's address on Iran shattered hopes for a swift end to the conflict, sending investors towards safe-haven assets as oil prices jumped and stocks tumbled.In an eagerly anticipated address, Trump vowed more a ...
Dollar gains as Trump vows more strikes on Iran
HONG KONG, April 2 : The dollar advanced against major currencies on Thursday, reversing two days of losses, as U.S. President Donald Trump's address on Iran shattered hopes for a swift end to the Middle East conflict and dented investor sentiment. In an eagerly anticipated address, the preside ...
Dollar rises against peers on renewed concerns about Middle East conflict
NEW YORK, April 2 : The dollar rose sharply from two straight sessions of losses on Thursday after U.S. President Donald Trump's speech on Iran undermined market expectations of a swift end to the conflict, renewing a bid for safe-haven assets.Trump vowed more aggressive strikes on Iran in the ...
Dollar gains as Trump sets no clear Iran ceasefire timeline in speech
HONG KONG, April 2 : The dollar advanced against major currencies on Thursday, reversing two days of losses, after U.S. President Donald Trump's address on Iran shattered hopes for a possible ceasefire in the Middle East conflict that has rattled investors and roiled markets. In Trump's na ...
Currencies tread water as investors brace for Trump's Iran address
HONG KONG, April 2 : Major currencies held steady in thin trading on Thursday, as investors awaited a high-stakes televised address from U.S. President Donald Trump that is expected to shed light on a possible ceasefire in the Gulf war.In Trump's national address scheduled for 9 p.m. EDT (0100 ...
US set to roll out tiered tariffs on steel, aluminum imports
Tariffs will be shifted from content to the full value of the imported product
Stocks to watch: ST Engineering, Nio, Yangzijiang Shipbuilding, China Everbright Water
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 2):
Oil prices drop on hopes of US pullback from Iran war
BEIJING, April 2 : Oil prices fell more than $1 early on Thursday as markets awaited an address to the nation by President Donald Trump that could signal a U.S. pullback from the war in Iran. Brent crude futures fell $1.16, or 1.15 per cent, to $100 per barrel by 1204 GMT. U.S. West Texas Intermedia ...
US crude jumps more than 11% after Trump vows more attacks on Iran
HOUSTON, April 2 : U.S. oil prices jumped more than 11 per cent, while Brent soared 7 per cent on Thursday in volatile trading, as traders worried about prolonged disruptions to oil supply the day after President Donald Trump said the U.S. would continue attacks on Iran.Brent crude futures were up $ ...
Oil prices jump to around $110/bbl after Trump says attacks on Iran will continue
LONDON, April 2 : Oil prices climbed to around $110 a barrel on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply.Brent crude futures were up $7.96, or 7.9 per cent, to $109.12 per barrel at 1302 GMT. U.S. West Te ...
Oil prices jump over 7% after Trump says attacks on Iran will continue
LONDON, April 2 : Oil prices climbed nearly 7 per cent on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply.Brent crude futures were up $7.65, or 7.6 per cent, to $108.81 per barrel at 0902 GMT. U.S. West Texas In ...
