Keppel has sold off all residual Seatrium shares
The Edge Singapore - Keppel has fully sold its residual Seatrium shares on April 1 at a weighted average of $2.52 each, pocketing some $429 million, the company says on April 11. In addition, Keppel received another $1 million in Seatrium dividends, the company says on April 11, in response to shareholders' questio ...
OpenAI identifies security issue involving third-party tool, says user data was not accessed
April 10 : OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps.The ChatGPT maker said it found no evidence that its user data was acces ...
US Fed seeks details on US banks’ exposure to private credit firms
A growing chorus of international regulators have been warning about the risks of private credit
Soup Holdings co-founders in married deal with 15 mil shares changing hands at 6 cents each
The Edge Singapore - Two of the co-founders of Soup Holdings, which operates the chain of Soup Restaurants, have traded a substantial block of shares between themselves. According to SGX filings on April 11, Mok Yip Peng has on April 9 sold just over 15 million shares to his classmate-turned business partner Wong Wei Te ...
Wall Street strategists wrestle with war’s toll on 2026 outlook
Consumer sentiment has plunged to the lowest on record
Oil posts biggest weekly loss since 2020 ahead of Iran-US talks
Crude markets have been extremely turbulent since the war began in late February
WFH: When small savings risk larger costs
Tong Kooi Ong + Asia Analytica - Several countries — including Malaysia, Myanmar, Laos, Indonesia, Egypt and Thailand — have introduced work-from-home (WFH) policies, particularly for public servants. Meanwhile, Pakistan, the Philippines and Sri Lanka have introduced a one-day shorter work week for public officials. In contrast ...
A framework that may enrich the few, not the many
Tong Kooi Ong + Asia Analytica - A recently implemented, relatively low-profile guideline for property disposals by government-linked companies (GLCs) and government-linked investment companies (GLICs) could, we think, have a broad and likely negative impact on not only the GLCs and GLICs but also for the Bursa Malaysia equity mark ...
US judge blocks Arizona criminal case against Kalshi at CFTC's request
NEW YORK, April 10 : A federal judge on Friday blocked Arizona from continuing its criminal case against prediction market Kalshi, according to the Commodity Futures Trading Commission, which sued to prevent states from regulating the industry. The CFTC announced the ruling in a press release follow ...
Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations
On a weekly basis, all three indexes scored their largest Friday-to-Friday percentage gains since November
Stoxx 600 gains for a third week with focus on Middle East peace talks
Investors will closely monitor the talks, especially efforts to reopen the Strait of Hormuz
Eric Swider resigns from Trump Media board
April 10 : Trump Media & Technology Group said on Friday that Eric Swider, a key figure in the company's public listing, had resigned from its board. Swider was the CEO of the blank-check acquisition company behind Trump Media's public listing in 2024, guiding it through a delayed merg ...
IBM to pay $17 million to settle US government probe over DEI
WASHINGTON, April 10 : IBM has agreed to pay $17 million to settle a U.S. government probe over the firm's diversity, equity and inclusion practices, which President Donald Trump's administration has cracked down on during his second term in office. The settlement marks the first resolutio ...
IBM to pay $17 million to settle discrimination allegations, DOJ says
WASHINGTON, April 10 : U.S. Acting Attorney General Todd Blanche said on Friday that IBM has agreed to pay $17 million to resolve allegations of discrimination through illegal diversity, equity and inclusion practices.
Tesla's supervised self-driving software gets Dutch okay, first in Europe
AMSTERDAM/SAN FRANCISCO, April 10 : Dutch regulators approved the use of Tesla's driver assistance software which handles most driving tasks on highways and city streets under human supervision, in the first regulatory sign‑off for the technology in Europe.Approval from the Netherlands' ...
Tesla supervised self-driving software gets Dutch okay, first in Europe
AMSTERDAM/SAN FRANCISCO, April 10 : Tesla on Friday said Dutch regulators had approved the use of its driver assistance software which handles most driving tasks on highways and city streets under human supervision, the first regulatory sign‑off for the technology in Europe.Approval from the Dutch ...
Tesla's self-driving software gets Dutch go-ahead, in boost for EU ambitions
AMSTERDAM, April 10 : Tesla on Friday said Dutch regulators had approved the use of its driver assistance software which handles most driving tasks on highways and city streets under human supervision, marking the first regulatory sign‑off for the technology in Europe.Approval from the Dutch vehic ...
Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports
April 10 : U.S. Vice President JD Vance and Treasury Secretary Scott Bessent questioned leading tech CEOs about AI model security and how to respond to cyber attacks a week before Anthropic released its new Mythos model, CNBC reported on Friday. Anthropic’s Dario Amodei, Alphabet’s Sundar Pichai ...
Proxy adviser Glass Lewis recommends Warner Bros shareholders vote for Paramount deal
April 10 : Independent proxy advisory firm Glass Lewis recommended Warner Bros Discovery shareholders to vote in favor of the company's $110 billion deal to combine with Paramount Skydance. The planned merger would create an entertainment colossus with one of the industry's most storied co ...
Suspect arrested after Molotov cocktail attack at OpenAI CEO Sam Altman's home
April 10 : A person was arrested by San Francisco police for allegedly throwing a Molotov cocktail at OpenAI CEO Sam Altman's home and for making threats outside the artificial intelligence startup's headquarters, the company said on Friday."Thankfully, no one was hurt. We deeply appr ...
Commvault explores sale after takeover interest, sources say
(Removes extraneous text in paragraph 2)By Milana VinnNEW YORK, April 10 : Data protection software provider Commvault Systems is exploring a sale after receiving takeover interest from multiple parties, according to four people familiar with the matter.Commvault, which has a market capitalizat
Asean financial leaders voice concern about Middle East tensions and trade threats
They reaffirm commitment to deeper regional financial integration to mitigate global impacts
Asian nations push US to extend sanctions waiver on Russian oil
India and the Philippines are among countries urging the US to renew the sanctions reprieve on Russian oil
YouTube raises subscription prices in US for the first time in 3 years
April 10 : YouTube on Friday raised subscription prices in the United States, with increases of up to $4 set to take effect from the next billing cycle.The Alphabet-owned video platform said the standard individual YouTube Premium plan would now cost $15.99 a month, up from $13.99, while the family ...
EU weighing tighter regulation for OpenAI under Digital Services Act
April 10 : The European Commission on Friday said it was analysing whether OpenAI's ChatGPT platform should be considered a large online platform under the rules of the Digital Services Act (DSA), after it reported user numbers above the threshold."OpenAI has published user numbers for Cha ...
OpenAI faces tighter regulation under EU's Digital Service Act, Handelsblatt says
April 10 : OpenAI and its chatbot ChatGPT is set to be classified as a very large search engine and fall under the European Union's Digital Services Act (DSA), meaning it faces tighter regulation, Germany's Handelsblatt newspaper said on Friday, citing sources. Handelsblatt said OpenAI dec ...
China urges battery makers to avoid excess capacity growth
Focus on improving product quality and protecting intellectual property instead, say government agencies
Analysis:Iran war leaves crisis-scarred countries counting the cost
LONDON/COLOMBO/ISLAMABAD, April 10 : Sanoj Weeratunge thought this would finally be the year his tour firm put Sri Lanka's spate of crises behind it. Then the Iran war erupted 2,700 miles away, the government hiked fuel prices by 35 per cent and business slumped almost a third."We have had ...
Meta must face youth addiction lawsuit by Massachusetts, court rules
BOSTON, April 10 : Meta Platforms must face a lawsuit by Massachusetts' attorney general alleging that the Facebook and Instagram parent deliberately designed features to addict young users, the state's top court ruled on Friday.The ruling by the Massachusetts Supreme Judicial Court marked ...
S&P 500, Nasdaq open higher after inflation data; Mideast in focus
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Friday (Apr 10) after March inflation data largely aligned with expectations...
Rotational interest continues to lift penny stocks and these are attracting buying demand
Goola Warden - Rotational interest is likely to support lower liners and penny stocks during the week of April 13-17. Oiltek International appears to be forming a triangle, which is likely to be a continuation pattern in an uptrend, and there could be a breakout on the upside. The breakout level is at $2.07. Overa ...
CoreWeave strikes AI cloud deal with Anthropic, shares surge
CoreWeave strikes AI cloud deal with Anthropic, shares rise
Space analytics firm HawkEye's revenue jumped 74% in 2025, US IPO filing shows
April 10 : Space analytics company HawkEye 360 recorded a 74 per cent jump in revenue in 2025 while also swinging to a profit, its filing for a U.S. initial public offering showed on Friday.The Herndon, Virginia-based firm clocked a net income of $2.7 million on revenue of $117.7 million last year, ...
