US dollar gains on Iran peace optimism and upbeat retail sales
NEW YORK, April 21 : The U.S. dollar edged higher on Tuesday on optimism that the U.S. will reach a ceasefire deal in the war with Iran, while retail sales data for March pointed to a strong U.S. economy.The U.S. military said on Tuesday it had seized a tanker linked to Iran in international waters, ...
US dollar edges higher as Iran ceasefire deadline approaches
April 21 : The U.S. dollar edged higher on Tuesday after falling the day before as uncertainty over Middle East peace talks kept investors on the sidelines.The United States expressed confidence that peace talks with Iran would go ahead in Pakistan, but significant hurdles remain as the end of a two ...
Centurion Corp's A$45 mil acquisition of miners' dorm in Australia is akin to a 'toll road': UOBKH
The Edge Singapore - Adrian Loh of UOB Kay Hian has kept his "buy" call and $1.90 target price on Centurion Corp after the dormitory operator acquired an asset in Australia for miners for A$45 million. "We view this as a strategic opportunity to acquire an operational, income-generating asset at appraised ...
Here are SGX’s top 10 dividend and best-performing ETFs in the volatile first quarter
Koh Kim Xuan - Amid US-Venezuela tensions, Iran conflict, what ETFs, including dividend-paying ETFs, are top performing?
Sony, Honda scale back EV venture after Afeela halt
TOKYO, April 21 : Sony Group, Honda Motor and their joint venture Sony Honda Mobility said on Tuesday they have decided to scale down the venture's operations, after scrapping plans for its Afeela electric vehicles last month.• Employees at Sony Honda Mobility are expected to be reassigned to ...
Musk bought $1.4 billion SpaceX shares last year, The Information reports
April 21 : Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion worth of stock from current and former employees, The Information reported on Tuesday. The secondary stock purchase, made through Musk's trust, was disclosed in a draft of SpaceX's confidential IPO pros ...
CATL share sale’s tightening discount shows China tech momentum
The inquiry‑based sale of 58 million shares, or 1.27% of CATL’s total shares
Exclusive-Musk and insiders to retain voting control of SpaceX after IPO, filing shows
NEW YORK, April 20 : SpaceX plans to cement founder Elon Musk's control after its IPO, granting him and a small group of insiders super-voting shares that will outweigh other investors, according to excerpts of the company's IPO filing reviewed by Reuters.The prospectus, which was confiden ...
German central bank chief calls for wide access to Anthropic's Mythos
FRANKFURT, April 21 : German central bank chief Joachim Nagel called on Tuesday for all institutions to have access to Anthropic's artificial intelligence model Mythos to keep the playing field even and to avoid it being misused. The Bundesbank head said banking authorities must act to prevent ...
Europe must prevent misuse of Anthropic's Mythos, Bundesbank chief warns
FRANKFURT, April 21 : Banking authorities must prevent the misuse of Anthropic's Mythos, its most advanced AI model to date, which opens the door to new and sophisticated cyber risks, Bundesbank President Joachim Nagel said on Tuesday."Mythos is an AI model that appears capable of quickly ...
BOJ warns prolonged Mideast tensions could raise costs, corporate defaults
TOKYO, April 21 : Japan needs to be vigilant against risks to its financial system stemming from developments in the Middle East, the central bank said on Tuesday, warning that prolonged tensions could keep energy costs elevated and increase corporate defaults."Japan's financial system has ...
BOJ sees Japan's financial system stable, warns of Middle East, non-bank risks
TOKYO, April 21 : Japan's financial system maintains overall stability, but it's necessary to monitor the impact of developments in the Middle East and the rising activities of foreign non-banks, the central bank said on Thursday."Stress affecting non-banks in terms of credit or liqui ...
Hong Kong flight capacity set to rise 10% on China, South Korea demand
Global capacity for May has been reduced by about three percentage points, according to data
EssilorLuxottica faces test to grow smart glass sales without hurting margins
MILAN, April 21 : Franco-Italian eyewear group EssilorLuxottica is facing growing pressure from investors to show how it can scale up its ambitions for smart glasses without sacrificing margins.The eyewear maker has benefited from being a first mover in AI-powered glasses, and in recent quarters sal ...
Analysis:Biofuels back in vogue as Iran war triggers oil price surge
LONDON, April 21 : Soaring oil prices in the wake of the U.S.-Israeli war on Iran are driving renewed demand for biofuels as the need to tackle a fossil fuel shortage outweighs concerns that using crops for fuel will drive up food prices.The conflict has disrupted about 20 per cent of the world' ...
Hong Kong bourse plans to start zero-day options in early 2027
Known as 0DTEs, the instruments allow traders to express short-term views and make tactical bets on intraday market moves and events
Exclusive-SpaceX president Shotwell earned $85 million last year, document shows
NEW YORK, April 21 : SpaceX President Gwynne Shotwell earned $85.8 million in total compensation last year, a company prospectus showed, placing her among the highest‑paid U.S. executives.Shotwell, who is also chief operating officer, earned a salary of $1 million, with most of her compensation co ...
France's Atos narrows revenue forecast after quarterly drop
April 21 : Atos, the French tech group that provides IT services to the National Health Service in Britain and to the Olympics, narrowed its annual revenue forecast on Tuesday after organic revenue fell 11 per cent in the first quarter due to market softness.The company now expects its organic reven ...
The gloves are coming off in Europe’s biggest banking takeover
After high-level deal talks between UniCredit and Commerzbank broke down, the Italian lender is taking its pitch directly to shareholders
Keeping Singapore open, investing in people are key to the city-state being competitive: DPM Gan
Tay Peck Gek - The minister encourages governments to speak up for better connectivity to facilitate trade that will benefit all
Keeping Singapore open, investing in people are key to the city-state being competitive in a changing world: DPM Gan
Tay Peck Gek - [SINGAPORE] The key for Singapore to remain competitive in a world where rules are increasingly shaped by national security is to be...
Blue-chips Cathay, MTR tap record-hot Hong Kong dollar bond market
The two companies are aiming to raise at least HK$17 billion through separate bond issues
Cathay Pacific plans Hong Kong dollar bond issuance, term sheet shows
[SYDNEY/HONG KONG] Hong Kong carrier Cathay Pacific is planning to issue a three- or five-year fixed-rate Hong Kong dollar bond and possibly...
Hello Kitty creator Sanrio to make Nintendo Switch 2 party game
Some 10 titles will be released over the next three years, with the first this fall as a console game
Sanrio launches gaming brand, tapping fast-growing global market
Some 10 titles will be released over the next three years, with the first this fall as a console game
Exclusive-SpaceX to woo Wall Street with three-day analyst meet this week, sources say
NEW YORK, April 21 : SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter.Elo ...
Exclusive-SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
NEW YORK, April 21 : SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter.Elo ...
OCBC, Lion Global Investors and DigiFT expand gold investment options with GOLDX token
Lin Daoyi - Expanding investment options for gold, OCBC, its investment arm Lion Global Investors and digital asset exchange DigiFT have launched the OCBC-LionGlobal Physical Gold Fund token (GOLDX token) on April 20. GOLDX token is Southeast Asia’s first tokenised physical gold fund available on a public blo ...
JPMorgan aims for China approval of active ETF launch this year
The firm has operated in the Asian nation since 1921
Who is John Ternus, Apple's new CEO?
The 25-year Apple veteran, who is a mechanical engineer by training, will take over from Tim Cook in September.
Seatrium launches notes of $400 mil at fixed annual rate of 2.95%, presumably reduces cost of debt
Lin Daoyi - Seatrium Financial Services, a subsidiary of offshore and marine player Seatrium is launching $400 million of notes $400 at a fixed annual rate of 2.95% according to a bourse filing on April 20. The inaugural offering of Series 001 Notes, expected to be issued on April 28 and mature on the same date ...
China’s aluminium output fuelled by Middle East’s stranded cargoes
The war in the Persian Gulf is driving more alumina to the Asian nation
Cathay Pacific aims to raise about HK$2 billion in Hong Kong dollar bond, sources say
SYDNEY/HONG KONG, April 21 : Hong Kong carrier Cathay Pacific is aiming to raise about HK$2 billion ($255.41 million) through a one- or two-tranche fixed-rate Hong Kong dollar bond, according to two sources with direct knowledge of the matter.The airline is planning to issue a three- or five-year fi ...
Airline Cathay Pacific plans Hong Kong dollar bond issuance, term sheet shows
SYDNEY/HONG KONG, April 21 : Hong Kong carrier Cathay Pacific is planning to issue a three- or five-year fixed-rate Hong Kong dollar bond and possibly both, according to a term sheet seen by Reuters on Tuesday. A global investor call will take place Tuesday and the bond deal could begin Wednesday, t ...
