Intel set for record high as AI-driven CPU demand powers upbeat forecast
April 24 : Intel shares jumped more than 22 per cent in premarket trade on Friday as the chipmaker's robust revenue outlook signaled strong demand for the hardware needed to run advanced AI models.If gains hold through close, the shares are set to hit a record high for the first time since 2000 ...
DBS, UOBKH maintain respective 'buy' calls on Digital Core REIT
The Edge Singapore - Digital Core REIT’s 1QFY2026 net property income dipped by 4.9% y-o-y and distributable income flat, but analysts remain upbeat that the REIT will see upside from here with leasing momentum going ahead. In his April 23 note, Dale Lai of DBS Group Research notes that the REIT’s portfolio occupanc ...
DeepSeek unveils flagship AI model a year after breakthrough
The V4 Flash and V4 Pro come with several architecture upgrades and optimisation improvements
Hospitality veterans David Michels, Howard Panter appointed to Millennium & Copthorne board
Therese Soh - This follows the resignation of three directors linked to CDL’s high-profile boardroom tussle
Electrolux's shares fall 24% on US slump, $1 billion rights issue
STOCKHOLM, April 24 : Electrolux shares plunged 24 per cent on Friday as weak U.S. demand hit its first-quarter results, hours after it announced a $1 billion rights issue and a North American tie-up with Chinese rival Midea.The appliance maker, which has struggled in the face of weak demand and cut ...
Electrolux shares fall 24% as it swings to quarterly loss on US demand slump
STOCKHOLM, April 24 : Shares of Electrolux fell by nearly a quarter on Friday after the appliance maker reported an unexpected first-quarter loss, hours after announcing a $1 billion rights issue and a North American tie-up with Chinese rival Midea.Electrolux, which has struggled in the face of weak ...
Oil prices volatile as market weighs supply risks, US-Iran peace talks
LONDON/NEW YORK, April 24 : Oil prices zig-zagged between negative and positive territory on Friday as traders weighed supply disruptions against the potential restart of peace talks between the U.S. and Iran that could help limit those disruptions.Prices rose 2 per cent earlier in the day on fears ...
Oil volatile as supply worries offset hopes for Iran-US talks
LONDON, April 24 : Oil prices were volatile on Friday as traders weighed supply disruptions against peace talks between the U.S. and Iran potentially resuming. Prices rose 2 per cent earlier in the day on fears of renewed military escalation in the region after Iran released footage of commandos boa ...
Oil turns negative as source says Iran-US peace talks likely
LONDON, April 24 : Oil turned negative on Friday after a Pakistani government source said Iranian Foreign Minister Abbas Araqchi was expected to arrive in Islamabad on Friday night with a small team and peace talks with the U.S. were likely to take place. Brent crude futures were down 96 cents, or 0 ...
Turkey passes law banning social media use for under-15s
ISTANBUL, April 24 : Turkey's parliament late on Wednesday passed legislation that bans the use of social media by people under the age of 15 and introduces new rules for digital platforms, including game software companies. The bill amends the Social Services Law and several other laws.• The ...
OCBC, DBS, CGSI maintain positive views on OUE REIT
The Edge Singapore - Analysts continue to like OUE REIT after it reported 1QFY2026 numbers with net property income and revenue up by 8.4% y-o-y and 6.7% respectively, thanks to a strong rebound in its hospitality segment and resilient performance from the commercial portfolio. While OUE REIT has recently expanded into ...
OCBC, DBS maintains positive views on OUE REIT
The Edge Singapore - Analysts continue to like OUE REIT after it reported 1QFY2026 numbers with net property income and revenue up by 8.4% y-o-y and 6.7% respectively, thanks to a strong rebound in its hospitality segment and resilient performance from the commercial portfolio. While OUE REIT has recently expanded into ...
Nomura posts record full-year profit on Japan market rebound
Net income rose 2.7% from a year earlier to 73.9 billion yen in the three months ended March 31
The five-year runway – what pre-retirees should start doing
Financial, life and health plans must all be stress-tested; the life you want next must start becoming real
Lim and Tan shoots $1.35 target price. Is Olam ripe for the picking?
Lin Daoyi - Few companies are as enigmatic as food and agriculture platform Olam Group. Surviving a negative report from short-seller Muddy Waters, the company received a vote of confidence when Singapore sovereign wealth fund Temasek increased its stake in the company to more than 80% via a voluntary general o ...
Singapore gas supply secure; higher power prices may benefit units: Sembcorp
Deon Loke - Sembcorp Power, Senoko Energy may gain from selling excess capacity into the spot market
Minneapolis campaigners press Swiss National Bank to dump Palantir investment
BERN, April 24 : The Swiss National Bank should sell its $1.1 billion stake in Palantir Technologies, campaigners from Minneapolis said at a meeting of the central bank on Friday, citing the firm's involvement in U.S. immigration enforcement operations.The SNB held 6.24 million Palantir shares ...
Geely's Caocao to deploy thousands of fully customised robotaxis in 2027
BEIJING, April 24 : Caocao Inc, the ride-hailing arm of Chinese automaker Geely Holding Group, plans to deploy thousands of robotaxis globally next year, its CEO said on Friday, setting up a potential rivalry with Tesla's Cybercab.Large-scale delivery and deployment of the Geely-made purpose-bu ...
As war unsettles the Gulf, wealthy families reassess where to place capital and relocate
The UAE has long drawn mobile wealth and global talent, but investors may now be considering Singapore and Hong Kong
Mitsubishi Motors recalls over 108,000 vehicles in the US over liftgate issue
April 24 : Mitsubishi Motors is recalling 108,046 vehicles in the U.S. as a ruptured gas spring cylinder or an unexpected falling liftgate could increase the risk of injury, the U.S. National Highway Traffic Safety Administration said on Friday.The recall affects some of the company's Outlander ...
Japan's Nikkei closes at record high as tech earnings overshadow Mideast concerns
[TOKYO] Japan’s Nikkei set a closing record high on Friday (Apr 24), capping a third consecutive weekly gain, as enthusiasm over technology...
Aster to explore new Singapore facility turning used motor oil into high-grade products
Sharanya Pillai - It could establish the city-state as an Asian hub for sustainable lubricants
Riding AI ‘gold rush’: Vietnam tungsten giant courts foreign investors ahead of planned mainboard listing
Jamille Tran - Masan High-Tech Materials plans to ramp up metal output from its Vietnam mine to tap ex-China supply gap for strategic industries
TotalEnergies approves Kazakh renewable project despite disputes
April 24 : French oil major TotalEnergies on Friday approved a $1.2 billion investment in a 1 gigawatt wind farm in Kazakhstan, pressing ahead despite ongoing legal disputes in the country.The final investment decision on the Mirny project comes as TotalEnergies contests a $4.6 billion environmental ...
TotalEnergies to invest in $1.2 billion power project in Kazakhstan
(Corrects paragraph 2 to say the project is expected to reach full capacity in 2029, not to fully launch in that year)April 24 : French energy major TotalEnergies on Friday agreed to invest in a Kazakhstan-based onshore wind and energy storage project valued at $1.2 billion, with roughly 75 per cent ...
Nomura posts record annual profit, sees no prolonged impact from Iran war so far
TOKYO, April 24 : Nomura, Japan's largest investment bank and brokerage, on Friday reported a record annual profit for the second year in a row and said the U.S.-Israeli war on Iran has not disrupted structural growth factors in its home market.The firm has been engaged in a multi-year effort t ...
Nomura posts slim Q4 profit rise but annual earnings hit record
TOKYO, April 24 : Japan's largest investment bank and brokerage Nomura reported a 3 per cent rise in fourth-quarter net profit on Friday, as wealth management-related revenues rose and its wholesale division capitalised on buoyant markets and dealmaking.Nomura's net income rose to 73.9 bil ...
UK's Computacenter forecasts strong year as AI and data centre demand lifts orders
April 24 : British technology and services provider Computacenter said on Friday it would beat annual profit forecasts, as clients brought forward hardware orders amid supply shortages linked to a data centre and artificial intelligence investment boom.Shares in the company, which helps large organi ...
DBS launches enhanced generative AI programme to fast-track SME adoption
Jermaine Fok - The programme builds on its Spark GenAI initiative launched in 2024, and offers a more structured approach to AI transformation
The Great Singapore Office Sale: what’s driving the surge in deal activity in the office market?
Kalpana Rashiwala - Lower interest rates are helping to fuel a resurgence in Singapore office investment sales. But will there be takers for all these...
JPM says CICT’s FY2026 DPU is ahead of forecast based on advanced distribution
The Edge Singapore - In its “first take” on CapitaLand Integrated Commercial Trust’s 1Q2026 business updates, JP Morgan says NPI’s 7.9% y-o-y to $314.4 million is within expectations, driven by the prior CapitaSpring acquisition in Aug 2025, progressive income contribution from Gallileo following handover comple ...
Japan launches financial task force amid AI security fears
TOKYO, April 24 : Japan will set up a task force to address cybersecurity risks in its financial system following concerns about potential vulnerabilities linked to Anthropic's Mythos AI model, Finance Minister Satsuki Katayama said on Friday.The decision was agreed at a meeting involving the F ...
Canadian AI startup Cohere buys Germany's Aleph Alpha to expand in Europe
April 24 : Canadian AI firm Cohere agreed on Friday to buy German tech startup Aleph Alpha at an undisclosed price as it looks to increase sales to government and business customers in highly regulated European markets.Initially seen as Germany's answer to OpenAI, Aleph Alpha has since abandone ...
Canada's AI startup Cohere buys Germany's Aleph Alpha to expand in Europe
BERLIN, April 24 : Canadian AI startup Cohere on Friday agreed to buy German tech startup Aleph Alpha at an undisclosed price to sell more to government and business customers in the highly-regulated European markets."We are bringing Aleph Alpha into Cohere, and we are going to merge the two en ...
