Airline shares battered, airfares surge as Iran war intensifies
HONG KONG/FRANKFURT, March 9 : Airline stocks were hammered on Monday, while airfares soared as the U.S.-Israeli war with Iran sent oil prices surging, sparking fears of a deep travel slump and the potential for the widespread grounding of planes.Oil prices were trading more than 15 per cent higher ...
New chairman at Great Eastern Holdings
The Edge Singapore - Great Eastern Holdings has appointed Andrew Khoo as its new chairman, replacing Soon Tit Koon. The changeover will take place on April 15, the day after the company holds its next AGM. Khoo, who spent 22 years with the Monetary Authority of Singapore, joined GEH's board last September. Since Ma ...
Middle East conflict could spur palm oil demand from biodiesel sector
MUMBAI/KUALA LUMPUR, March 9 : Rising crude oil prices and higher freight rates driven by the Middle East conflict could boost demand for palm oil from the biodiesel sector and for food use, as Asian buyers seek prompt shipments, industry officials told Reuters.Indonesia and Malaysia's output r ...
GIC-backed Greenko Energies weighs US$1 billion India IPO: sources
The company has held preliminary discussions with bankers for a potential share sale as soon as this year
Taiwan February exports miss expectations; caution on US trade policy
South-east Asia faces sweltering heat as war limits energy supply
A prolonged disruption will threaten the fossil-fuel-reliant region’s power generation into April and May
China’s biggest eye hospital chain Aier plans Hong Kong listing: sources
Aier trades in Shenzhen and has a market capitalisation of about 96 billion yuan
Indonesia may revive B50 biodiesel mix plan as oil prices soar
JAKARTA, March 9 : Indonesia may revive a plan to launch a mandatory B50 grade of palm oil-based biodiesel in the middle of this year because of surging crude oil prices due to the conflict in the Middle East, deputy energy minister Yuliot Tanjung said.No decision has been made yet by Indonesia, the ...
Nvidia-backed Nscale valued at $14.6 billion in fresh funding round
March 9 : Nvidia-backed artificial intelligence group Nscale was valued at $14.6 billion after raising $2 billion in its latest funding round, the British company said on Monday. The Series C funding round was led by Norway's Aker and 8090 Industries, and included Nvidia, Citadel, Dell, Jane St ...
Nvidia-backed UK AI firm Nscale raises $2 billion in funding round
BENGALURU, March 9 : Nvidia-backed British artificial intelligence group Nscale has raised $2 billion at a valuation of $14.6 billion, the company said on Monday.
Singapore police arrest Capital Asia Investments directors, seize over S$160 million in assets
Shikhar Gupta - MAS says Singapore fund manager is being investigated for suspected money laundering
Tesla billionaire buys more Nvidia to ‘calm the nervous market’
Nvidia has fallen about 5% this year through Friday’s close
Nasdaq-listed biotech company Cytek boosts Singapore facility with US$3 million investment
Jermaine Fok - The firm aims to use the site to spearhead growth in Asia-Pacific
Iran conflict forces central banks into sharp policy rethink
IMF urges policymakers to ‘think of the unthinkable’
Singapore firms in Middle East say staff safe, operations largely unaffected by war
Companies are maintaining regular contact with employees on the ground and have restricted business travel to and from the region.
Analysis:Activist threat pushes Japanese companies to unwind cross-shareholdings
TOKYO, March 9 : Pressure from activists, or the fear of being targeted by them, is pushing Japanese companies to accelerate governance reforms by unwinding the cross-shareholdings that have underpinned relationships for decades.Major firms including Toyota Motor and Nintendo have moved to unwind cr ...
Iran conflict forces Asian central banks into sharp policy rethink
TOKYO, March 9 : The escalating crisis in the Middle East has dramatically changed the outlook for Asian central banks, with the huge supply shock posing a difficult trade-off between underpinning growth and countering inflation.For emerging Asian central banks, cutting interest rates has become a r ...
mm2 Asia proposes share placement, rights issue with private equity fund
Therese Soh - The proposed transactions are part of company’s overall restructuring, as it aims to strengthen its capital base and improve its working capital...
Look upstream to SIA Engineering, China Aviation Oil as war breaks out: OCBC
Jovi Ho - Ongoing disruptions in the Middle East airspace, which is causing significant flight delays and cancellations, as well as a surge in airfares, may weigh on tourist arrivals in Singapore, says OCBC Group Research analyst Ada Lim. This comes on top of an 8.1% y-o-y drop in visitors to 1.5 million in J ...
Cafe chain The Providore abruptly shuts all 6 outlets in Singapore
Paige Lim - Staff were reportedly informed of the closure only on the same day
Cafe chain and grocer The Providore shuts all 6 outlets in Singapore
Paige Lim - Based on an industry report, the brand was sold to new owners Vino Vibe and SingFire Capital in April 2025
Global bond sell-off deepens as oil jump stokes stagflation fear
Chinese government bonds declined as well, with 30-year bond futures posting their biggest drop of the year
Vietnam plans to scrap fuel import curbs to keep supply flowing
The country’s crude oil production currently averages about 180,000 barrels per day
Indian central bank likely selling dollars to avert rupee slide to record low, traders say
[MUMBAI] The Indian central likely stepped into the foreign exchange market on Monday, four traders told Reuters, to limit the rupee’s decline...
Muji is turning simple skincare into its next growth engine
[TOKYO] Muji, the Japanese retailer known for pared-back household goods and logo-free clothing, is betting on its fast-growing, value-for-money skincare products to...
Mind the perils of buying a minority stake in a landed home
Leslie Yee - Why buying a one-seventh interest in 5 Oxley Rise could be a big gamble
JPMorgan sticks with ‘overweight’ on Singtel as share buybacks begin early
Nurdianah Md Nur - JPMorgan is maintaining its “overweight” call on Singapore Telecommunications (Singtel), raising its target price to $5.80 from $5.20 previously. The move comes as Singtel has executed its share buyback programme earlier than expected, as part of its broader capital recycling strategy to boost s ...
Tencent is said to be back on Paramount-Warner Bros deal with fresh funding
Chinese ownership of US assets has been a cause for concern in Washington, resulting in a deal for social media site TikTok’s...
PhillipCapital keeps ‘buy’ on 17Live but cuts target price on softer growth assumptions
Samantha Chiew - PhillipCapital is reiterating its “buy” call on Singapore’s first and only successfully Spac listed company 17Live, but has dropped target price to $1.18 from $1.45 previously. This comes on the back of the live streaming platform operator’s recent FY2025 ended Dec 31, 2025 results announcem ...
How the next AI era will drive aviation transformation and elevate authentic travel experiences
Shashank Sharma - The aviation industry is undergoing a major technological shift, moving from automated systems to more autonomous, decision-driven models. While airlines have steadily adopted AI for efficiency and customer-facing tasks, a fundamentally different capability—agentic AI—has emerged and is beginnin ...
Airline shares battered as oil prices spike, Iran war intensifies
Some people have turned to private jets to leave the Middle East
Hildrics Capital to support mm2 Asia's restructuring with $15 mil placement; $10 mil rights issue planned
The Edge Singapore - Hildrics Asia Growth Fund VCC has entered into a term sheet to support beleaguered entertainment company mm2 Asia by investing $15 million via a placement. Hildrics Capital is an existing investor in businesses related to mm2 Asia. The VCC is under Hildrics Capital, whose CEO Choo Kee Siong is a for ...
Asia’s ultra-rich having second thoughts on Dubai as war rages
The city’s stunning growth has lured the global rich, along with a clutch of banks and Wall Street money managers
Renminbi adoption gains traction in Asean amid deepening regional trade ties: Standard Chartered
Koh Kim Xuan - Momentum is growing through manufacturing activity, procurement flows and regional supply chains
