Netflix searches for franchises after losing out on Harry Potter
LOS ANGELES, April 2 : After losing its bid for Warner Bros Discovery’s rich trove of characters and stories, Netflix is forging ahead with the challenging work of building culture-defining franchises on its own.Chief Creative Officer Bela Bajaria said Netflix would keep investing in original idea ...
Competition watchdog seeks public feedback for Zuellig Pharma-Eli Lilly deal
Shikhar Gupta - Pact includes Zuellig Pharma having exclusive rights to manufacture the prescription erectile dysfunction medication, Cialis, in Singapore
Indonesia publishes list of high-concentration stocks following MSCI transparency push
Elisa Valenta - It reveals the level of ownership concentration among a company’s shareholders
Grab to provide delivery-partners with fuel vouchers amid rising fuel expenses
SINGAPORE: Grab Singapore will provide fuel vouchers to its delivery-partners amid rising fuel costs linked to the Middle East conflict.The move will bring its total financial support for its partners to about S$1.4 million (US$1 million), it said in a media release on Thursday (Apr 2).The company i ...
Western Union completes acquisition of Singtel’s Dash
Nurdianah Md Nur - Western Union has completed its acquisition of Dash, the Singapore-based mobile wallet owned by Singtel. The deal, finalised after regulatory approvals, gives Western Union access to a platform with more than 1.4 million users in Singapore. Launched in 2014, Dash offers payments, remittances, saving ...
Singapore convenes crisis committee to boost energy resilience and support amid Iran war
Elysia Tan - Firms and households can expect enhanced, earlier assistance, with targeted help for more severely affected sectors: PM Wong
Singapore biotech Mirxes misses 2025 results deadline as auditors probe vendor payments
Tessa Oh - Trading in company’s shares is suspended until its results are published
Singapore’s Q1 investment banking fees hit 3-year high of US$187.8 million
Deon Loke - Citi emerges tops with a 12.7% wallet share
BioNTech to close vaccine manufacturing plant in Singapore by 2027
The German biotechnology company currently employs 85 people at its manufacturing plant in Tuas.
Private banker Evonne Tan to lead Asia business for Schroders Wealth Management
Lin Daoyi - Evonne Tan, head of Barclays private bank in Singapore, will be joining Schroders Wealth Management as CEO of Asia Wealth Management on Jul 1, 2026. In her new appointment, Tan will be spearheading the business unit’s strategic growth, strengthening client relationships and enhancing a high-perfor ...
Savills appointed to sell iconic GBP450 mil island site at London’s Piccadilly Circus
Jovi Ho - Savills, alongside investment bank Lazard, has been jointly appointed by London-listed REIT Landsec to sell the freehold of its one-acre island site at London’s famous Piccadilly Circus, which includes newly developed offices, prime retail units and the land that underpins the famed Piccadilly Lig ...
China tells private refiners to keep up fuel output at all costs
Any refineries that cut run rates and produce lower volumes will have their oil import quotas cut accordingly for the coming years
Bitcoin tumbles as Trump signals harder Iran strikes
Investors have pulled back from risk assets after the US president dampened hopes of an end to the conflict
Hyatt appoints Vikas Chawla president of India and Southwest Asia
Jovi Ho - New York-listed global hospitality group Hyatt Hotels has appointed Vikas Chawla in the newly created role of president, India and Southwest Asia, to lead the business in the region from April 1. Chawla joins from food and facility management solutions provider Compass Group, where he led India oper ...
CGSI cuts SIA’s earnings projections for FY2027 by nearly 40% as fuel prices surge
Tay Peck Gek - The research house has also trimmed its forecast for the group’s FY2026 core net profit by 4%
No price hike for Mediacorp’s World Cup subscription as fees stay at S$98 and S$118
[SINGAPORE] There will be no price hike for the 2026 World Cup subscription plans in Singapore, after Mediacorp announced that fans here...
France to announce measures to favour data centres in coming weeks, Finance Minister says
PARIS, April 2 : French Finance Minister Roland Lescure said on Thursday his government expects to announce in the coming weeks new measures to encourage setting up data centres in the country.He added investors in Japan are looking at Europe to install data centres.
Barclays’ private banking head Evonne Tan to be CEO of Schroders Asia Wealth Management from Jul 1
Her appointment comes as the private bank aims to ramp up investment in Asia
The real shine behind Singapore’s golden ambitions is not in gold’s meteoric price increase
Jude Chan - Investors are faring well with listed gold counters hitting fresh highs, but the Republic is also aiming to benefit with the region’s...
Indonesia says stock market reform drive completed after Feb's selloffs
JAKARTA, April 2 : Indonesia has completed key stock market reforms ahead of a self-imposed deadline linked to MSCI's May index review, a senior official said on Thursday, following mass equity selloffs triggered by an MSCI warning earlier this year. The proposed reforms were unveiled after ind ...
Indonesia completes stock market reforms requested by index providers, official says
JAKARTA, April 2 : Indonesia has completed the stock market reforms that were requested by index providers, a senior official said on Thursday, part of efforts to restore investor confidence in Southeast Asia's biggest economy.Authorities will publish a list of stocks with high shareholder conc ...
BOJ may be overlooking real risk from Iran war, says ex-central bank official
TOKYO, April 2 : Japan's economy may face supply shocks and slumping demand from the Iran war, a risk the central bank may be overlooking by focusing on inflationary pressures, former central bank official Nobuyasu Atago said on Thursday.A slew of recent hawkish communication from the Bank of J ...
Fuel spike, Middle East crisis squeeze Malaysia Aviation Group’s bottom line despite 2025 recovery
Fuel makes up 40% of cost; every US$1 rise adds RM50 million in annual cost
Malaysia Airlines parent's earnings rise in 2025, but Middle East conflict clouds outlook
MAG warned that geopolitical uncertainties continue to affect capacity, supply chains and cost structures
Trump's fresh Iran threats give investors a risk-off reality check
April 2 : President Donald Trump's threat to bomb Iran back to the Stone Age has sharply raised stakes in a war now in its fifth week and crushed investors' hopes for a swift end to a conflict that is squeezing oil supplies and fanning inflation.Global markets recoiled on Thursday as war j ...
Light at last for Hong Kong's Central office market after 7-year slump
HONG KONG, April 2 : Hong Kong's Grade-A office market in the city's financial core is finally hitting a floor after nearly seven years of decline, buoyed by a roaring capital market that is boosting demand from both mainland Chinese and multinational firms, realtors said.The turnaround fo ...
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
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
