SingLand sees ‘healthy’ interest in The Clifford ahead of 2028 completion of Raffles Place redevelopment
Chong Xin Wei - The group is ‘cautiously optimistic’ on rents in the area, with tight office supply and strong demand for Grade A space expected...
Sinopec plans to cut crude runs by over 10% on Middle East supply squeeze: sources
The refiner will focus on maximising fuel output at the expense of petrochemicals production
ISDN Holdings’ subsidiary announces strategic partnership with Panasonic to scale LiveInspect.AI solutions
Teo Zheng Long - ISDN Holdings’ (SGX: I07 ) subsidiary, NovaPeak Pte Ltd (NovaPeak) announces a strategic partnership with Panasonic Holdings Corporation (Panasonic) to scale up NovaPeak’s LiveInspect.AI solutions globally. According to ISDN, LiveInspect.AI is a commercialised AI-powered solution for advanced au ...
Malaysia’s IJM board calls Sunway's $2.8 billion takeover bid 'not fair', urges rejection
March 13 : Malaysia's IJM Corp said on Friday its board has urged shareholders to reject a roughly 11 billion ringgit ($2.80 billion) takeover offer from conglomerate Sunway, after an independent adviser said the offer price was "not fair and not reasonable."M&A Securities, an ind ...
Singtel unit launches US$250 million global AI growth fund
Shikhar Gupta - The Singtel Innov8 fund will back high-growth AI startups
Crude futures turn positive on continued Hormuz closure
HOUSTON, March 13 : Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the weekend might bring surprise changes in the status of the war two weeks after it started. Brent futures for May were up $1.59, or 1.58 per cent, to $102.05 a barrel at 11:35 ...
Brent crosses $100/bbl as tanker path corrected
(Corrects with tanker sailing out of Oman not through Strait of Hormuz)By Anna HirtensteinLONDON, March 13 : Brent crude climbed past $100 a barrel on Friday as it became clear an Indian tanker did not sail through the Strait of Hormuz but had departed from Oman east of the strait, which has been cl ...
Oil prices dip as Indian tanker sails out of Strait of Hormuz
LONDON, March 13 : Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the U.S. put forth measures to try and ease supply concerns, but were on track for weekly gains as disruptions due to the Middle East conflict broadly persisted.Brent futures for May was down 92 ...
Oil prices decline as Indian tanker sails out of Strait of Hormuz
LONDON, March 13 : Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the U.S. put forth measures to try and ease supply concerns, but were on track for weekly gains as Gulf disruptions from the Middle East conflict broadly persisted.Brent futures for May declined ...
Oil on track for weekly gains despite US sanctions waiver on Russian oil
LONDON, March 13 : Oil prices dipped on Friday, but were on track for weekly gains as Gulf disruptions from the Middle East conflict outweighed U.S. and International Energy Agency measures to ease supply concerns.Brent futures for May declined $1.22, or 1.2 per cent, at $99.24 a barrel at 1053 GMT, ...
Oil on track for weekly gains despite US waiving Russian purchase rules
LONDON, March 13 : Oil prices extended their climb on Friday and were on track for weekly gains as disruptions in the Gulf from the Middle East war outweighed U.S. and International Energy Agency measures to ease supply concerns.Brent futures for May rose 88 cents, or 0.9 per cent, to $101.34 a barr ...
Are bonobos truly the peaceful counterparts to chimps? New study says no
WASHINGTON, March 13 : Bonobos for years have had the reputation of being the cool hippies of the simian world, with a "make love, not war" ethos, in contrast to their belligerent cousins, the chimpanzees. But is this reputation valid? A new study suggests it is not.Researchers tabulated a ...
Singtel Innov8 launches US$250 mil AI fund to back growth-stage start-ups globally
Nurdianah Md Nur - Singtel Innov8, the corporate venture capital arm of Singapore Telecommunications (Singtel), has launched a US$250 million ($320 million) fund to invest in growth-stage artificial intelligence (AI) start-ups worldwide. The AI Growth Fund will focus on companies developing technologies for customer e ...
Trump crypto venture offers “guaranteed direct access” for $5 million
NEW YORK, March 13 : Investors in World Liberty Financial, the crypto venture co-founded by President Trump and his sons, have secured what the company described on its website as “guaranteed direct access” to certain members of its team for those who lock up $5 million worth of their tokens for ...
Nvidia to focus on competition-beating AI advances at megaconference
SAN FRANCISCO, March 13 : When Jensen Huang strides onto the stage of a packed hockey arena to kick off Nvidia's annual developer conference on Monday, he is likely to reveal products and partnerships geared toward keeping the AI chipmaker atop a growing array of competitors.Taking over the hea ...
MUFG to monitor liquidity impact of new loans amid Japan's US investment push
TOKYO, March 13 : Mitsubishi UFJ Financial Group will closely monitor liquidity when issuing loans, an executive said, as Japanese banks prepare to potentially back projects under the country's $550 billion investment package in the United States.Japanese financial institutions are expected to ...
Hong Kong proposes easing rules for dual-class share listings in competitiveness push
Bourse proposes cutting one market value threshold by half
Sunright returns to profitability in 1HFY2026, with net profit of $1.4 mil
Teo Zheng Long - Sunright Limited (SGX: S71 ) (Sunright) reversed back into the black with a net profit of $1.4 million in 1HFY2026, ended Jan 31, 2026, compared against a loss of $4.6 million a year ago. Revenue was up by 15% y-o-y to $40.1 million, driven by higher equipment deliveries and services as a result of ...
Elevated crude prices rein in Singapore shares performance; STI down 0.3%
Tay Peck Gek - Decliners beat gainers 313 to 266 across the broader market, with 1.4 billion securities worth S$1.8 billion transacted
Adobe shares drop as CEO exit fans uncertainty over AI strategy
March 13 : Adobe's battered shares fell another 6 per cent on Friday as news that the Photoshop maker's long-time CEO would step down cast fresh doubts over its strategy to battle mounting AI competition. Shantanu Narayen is credited with crafting the modern Adobe by turning its creative t ...
Adobe shares drop as CEO exit spotlights crucial AI strategy
March 13 : Adobe's battered shares fell another 7 per cent on Friday as news that the Photoshop maker's long-time CEO will step down cast fresh doubts over its strategy to battle mounting AI competition. Shantanu Narayen is credited with crafting the modern Adobe by turning its creative to ...
Adobe shares drop after CEO exit adds to AI-disruption concerns
March 13 : Adobe's shares plunged 9 per cent in premarket trading on Friday after the Photoshop maker said CEO Shantanu Narayen would step down after 18 years at the helm, unsettling investors already wary of AI-driven disruptions to the design software market.The longtime CEO's exit comes ...
Singapore’s EV charging prices remain stable, but an April increase looms
Derryn Wong - Observers say climbing natural gas prices and a bump in electricity tariffs could make charging more expensive from next month
BYD to launch new premium EV in Europe that can charge in minutes
Denza Z9GT highlights Chinese EV makers’ edge over European rivals in next-generation car technology
Petrol prices in Singapore surpass highs set during Ukraine crisis in 2022
[SINGAPORE] Pump prices, which have risen steadily here since the conflict in Iran effectively closed a waterway critical to oil supplies, have surpassed records...
Japan to consider whether to buy Russian crude following US sanctions waiver
TOKYO, March 13 : Japan will consider whether to buy Russian crude after the U.S. issued a 30-day sanctions waiver amid the Iran war by taking into account international conditions and its national interests, an industry ministry official said on Friday.The U.S. waiver allows countries to buy sancti ...
RHB initiates ‘buy’ on Lum Chang Creations, sees firm as key beneficiary of Singapore’s urban revitalisation
Felicia Tan - RHB Bank Singapore analyst Alfie Yeo has initiated a “buy” call on Lum Chang Creations given that the company is seen as a “strong beneficiary” of Singapore’s urban revitalisation specialist (URS) growth. The industry is forecasted by research and business intelligence services provider, C ...
Oil spike pushes Malaysia fuel subsidies to RM3.2 billion a month
Tan Ai Leng - The monthly bill rises more than four times from RM700 million previously, but the government says it is poised to absorb the...
SAP Labs to hire and train 50 AI scientists and machine learning engineers in Singapore under IMDA’s TeSA
Nurdianah Md Nur - SAP Labs East Asia Singapore will hire and train 50 graduates and mid-career professionals as artificial intelligence (AI) scientists and machine learning engineers over the next three years through the Infocomm Media Development Authority’s (IMDA) TechSkills Accelerator (TeSA) initiative. The new ...
A backlash against data centres is spilling into French municipal election races
LE BOURGET, France, March 13 : In the town of Le Bourget outside Paris, Sofiane Milous, a candidate in France's municipal elections, is vowing to reverse plans for a data centre he says will intensify heat islands, worsen noise pollution and create few local jobs.The former judo champion, runni ...
HSBC, Standard Chartered to get stablecoin licenses in Hong Kong
The city has been pushing ahead with ambitions to become a crypto hub through a series of regulatory measures first announced in...
Exclusive-ABB open to 'more than one' big deal in renewed M&A drive, chairman says
ZURICH, March 13 : ABB is stepping up its acquisition drive and is open to pursuing more than one multi-billion dollar transaction, Chairman Peter Voser told Reuters, as the Swiss engineering group looks to speed up growth after years of divestments.Voser said ABB, which has a market cap of 125 bill ...
The ‘5 am Club’: How early-morning routines work for business leaders
Ranamita Chakraborty - For some CEOs, beginning the day at the crack of dawn gives them some protected time before work demands flood in
Alibaba debuts OpenClaw app to feed China’s agentic AI addiction
The reaction from authorities has been mixed
