Italy basilica bust re-attributed to Michelangelo after centuries in obscurity
(Clarifies timeframe in third bullet point)By Giselda VagnoniROME, March 4 : A marble bust that has stood for centuries in one of Rome’s basilicas has been re-attributed to Michelangelo after nearly 200 years in obscurity, following a document-based investigation.The sculpture, which depicts
ComfortDelGro to partially absorb higher fuel costs at its petrol pumps
Navene Elangovan - It will also deploy fuel subsidies to ease the financial pressure on its drivers in the wake of higher pump prices amid...
Aspial Lifestyle proposes transfer to SGX mainboard
Jude Chan - The group is eyeing access to equity and debt capital markets in a move aimed at supporting its future funding requirements
S&P 500 edges up after report of Iran’s secret outreach to US
[NEW YORK] The S&P 500 edged higher in choppy trading on Wednesday (Mar 4) as investors weighed a report that Iranian operatives...
Wall St opens higher on report of Iran's secret outreach to US
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Mar 4) as investors weighed a report that Iranian operatives secretively reached...
US and Britain split over crypto collaboration, sources say
LONDON/PARIS, March 4 : British and U.S. regulators are divided over how to test blockchain-based versions of financial securities, with Britain pushing for a more cautious approach in talks aimed at boosting crypto collaboration, sources said.The U.S. and Britain announced in September a taskforce ...
Apple debuts $599 MacBook Neo to challenge Chromebooks, Windows PCs
March 4 : Apple on Wednesday unveiled the MacBook Neo, a lower-priced addition to its laptop lineup starting at $599, as it looks to broaden its reach in a price-sensitive PC market while rivals face tighter supply of memory chips.A lower-priced laptop marks one of Apple's most aggressive entry ...
Apple debuts US$599 MacBook Neo to challenge Chromebooks, Windows PCs
Apple moves into a lower-priced PC market as it releases its new US$599 MacBook Neo.
Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day
March 4 : The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil and gas flows.The U.S. submarine strike on the Iranian vessel ...
Aims Apac Reit to divest S$15 million industrial property for capital recycling
Therese Soh - The net proceeds may be redeployed towards acquisitions, asset enhancements and development opportunities
Billionaire Tesla whale says he bought one million Nvidia shares
He adds that he wants to show his support to a ‘nervous market’
Thai 2026 GDP growth could dip by 0.2% from Middle East conflict: central bank chief
He notes that the country’s external position is strong and any volatility can be handled
Turkey's ruling party submits bill to ban social media for under-15s
ANKARA, March 4 : Turkish President Tayyip Erdogan's ruling AK Party submitted to parliament on Wednesday a draft bill that will ban social media access for children younger than 15.The party's Parliamentary Group Deputy Head, Leyla Sahin Usta, said social media and gaming platforms would ...
Oil shock fear hits Asian tech stocks while European sell-off pauses
Asia’s sell-off is turning disorderly because markets are no longer treating this as a ‘one-week headline shock
Kraken's banking arm becomes first crypto firm to secure payments account with Fed
March 4 : Cryptocurrency exchange Kraken's banking unit has gained access to the Federal Reserve's payments system through a limited-purpose account, the first U.S. digital-asset bank to do so as the sector deepens its reach into mainstream finance.Through its Fed master account, Kraken Fi ...
Kraken's banking unit gains access to Fed's payments system
March 4 : Cryptocurrency exchange Kraken's banking unit has gained access to the U.S. Federal Reserve's payments system through a limited-purpose account, the Kansas City Fed said in a statement on Wednesday.The development underscores the crypto sector's growing foothold in mainstrea ...
Kraken wins access to Fed's core payments system, WSJ reports
March 4 : Cryptocurrency exchange Kraken's banking unit has won access to the Federal Reserve's core payment systems, the Wall Street Journal reported on Wednesday.The move will allow Kraken Financial to handle transactions more quickly and efficiently for big clients and professional trad ...
More than 800 Maybank Singapore junior staff to receive one-off payouts
Renald Yeo - The individual quantum is more than double the amount given in previous years
Morning Bid: Seoul-sapping selloff
March 4 - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Finance and MarketsThe ongoing Middle East eruption shocked Asia's stock markets on Wednesday, with South Korea's Kospi plummeting 12 per cent for its worst day ever and Japan's Nikkei and Taiwan� ...
Turkey expects annual minimum $96 million from crypto asset tax
ANKARA, March 4 : A draft law currently at the Turkish parliament is expected to generate at least 4.2 billion lira ($95.58 million) tax income from a levy on crypto assets, according to its impact analysis.The law will generate more tax income from crypto assets but this amount cannot currently be ...
Marco Polo Marine raises S$21 million in private placement for business expansion
Therese Soh - The capital injection enhances its balance sheet and provides financial flexibility for growth initiatives, says the group
Trump to meet tech giants on energy pledge ahead of midterms
March 4 : U.S. President Donald Trump is set to meet on Wednesday with leaders of major technology companies, including Google, Meta and OpenAI, to formalize a pledge aimed at protecting consumers from rising electricity costs tied to the rapid expansion of energy‑intensive data centers.The White ...
Fitch cuts Indonesia credit rating outlook to negative
JAKARTA, March 4 : Fitch Ratings on Wednesday cut Indonesia's credit rating outlook to negative from stable, citing increasing uncertainty and reduced credibility in policymaking, in a move that will add to investor concerns about Southeast Asia's largest economy.Fitch became the second ra ...
AIMS APAC REIT sells 8 Senoko South Road to tenant Sin Hwa Dee for $15 mil
The Edge Singapore - AIMS APAC REIT plans to sell an industrial property at 8 Senoko South Road to Sin Hwa Dee Foodstuff Industries for $15 million, which is a premium of 11.1% premium over the latest valuation as of Feb 28. As indicated on Sin Hwa Dee's website, 8 Senoko South Road is the address of the homegrown ...
Stellantis, Toyota, Subaru not in Tesla carbon pool for 2026, EU filing shows
MILAN, March 4 : Stellantis Toyota and Subaru have not signed up to the current year's carbon‑credit 'pool' led by Tesla which is designed to help carmakers meet the European Union's carbon emissions targets, an EU filing showed.Brussels had initially planned hefty fines for au ...
Iran war: Markets bet on brief conflict, but analysts warn of wider risks
Experts also warn that closure of the Strait of Hormuz would hit energy-intensive Asian economies hardest.
OCBC chief Tan Teck Long’s new strategy is a masterstroke, but execution risks abound
Jude Chan - While his ‘Next Frontier’ plan looks good on paper, it must survive contact with operational reality
Japan reactor restarts help fuel record nuclear sales at Mitsubishi Heavy
TOKYO, March 4 : Nuclear reactor restarts in Japan will lift sales at Mitsubishi Heavy Industries' (MHI) nuclear power unit to a record 400 billion yen ($2.54 billion) next business year, well ahead of earlier forecasts, the company's chief financial officer said."Originally, we were ...
Marco Polo Marine raises $21 mil via placement of shares at 14.5 cents each
The Edge Singapore - Marco Polo Marine has raised gross proceeds of $21 million from a placement of nearly 144.9 million new shares at 14.5 cents each. The placement, managed by Maybank Securities, drew institutional investors Areca Capital, Asdew Acquisitions, Astral Value Fund VCC, Evolve Capital Management, Ginko-AGT ...
AI may be creating instead of destroying jobs for now, ECB blog argues
FRANKFURT, March 4 : The increasing use of artificial intelligence by firms may be creating some jobs in the euro zone rather than destroying them as many fear, a European Central Bank blog post argued on Wednesday. Economists have been debating whether AI could put white collar staff out of work, a ...
Singapore announces maritime sector master plan to chart industry’s long-term progress
Derryn Wong - It will launch in 2027; outlines strategy for strengthening the maritime hub, boosting competitiveness and growth
Alibaba’s Qwen AI division head becomes latest exec to leave this year
Lin’s exit comes two days after Qwen released updated products
Fitch cuts Indonesia outlook to negative on policy, fiscal concerns
Elisa Valenta - The Fitch outlook revision follows earlier warnings from MSCI and an outlook downgrade by Moody’s
Singapore to review COE categories for cars: Jeffrey Siow
Derryn Wong - This will include proposals to apply discounts or surcharges based on a car’s open market value
