Deutsche Telekom, T-Mobile in early talks for potential mega merger, sources say
April 22 : Deutsche Telekom is exploring a deal to combine with its U.S. unit, T-Mobile US , to create a $400 billion telecoms giant in what would be the largest ever public merger, two people familiar with the matter said. The German group's shares fell about 3 per cent on Wednesday morning af ...
Deutsche Telekom shares slip after T-Mobile merger talks reports
BERLIN, April 22 : Deutsche Telekom shares fell 1.5 per cent on Wednesday on reports of potential merger talks between the German telecoms conglomerate and U.S.-based T-Mobile US, which would be the largest ever public merger if it goes ahead.Details of the early stage talks were confirmed to Reuter ...
Australia and New Zealand central banks monitoring Anthropic's Mythos release
SYDNEY, April 22 : The central banks of Australia and New Zealand said on Wednesday they were monitoring the release of Anthropic's advanced Mythos artificial intelligence model, joining authorities around the world in expressing concerns about the new cybersecurity risks it poses.Designed for ...
Raffles Family Office opens new Singapore office, launches foundation to formalise philanthropy push
Jean Low - The newly established RFO foundation reflects a generational shift in how Asia’s ultra-wealthy think about legacy
Asian Development Bank leader Kanda announces reelection bid
TOKYO/MANILA, April 22 : Asian Development Bank President Masato Kanda announced on Wednesday his intention to stand for reelection as President after his current term ends on November 23, 2026, the Manila-based lender said in a statement. "With the trust of our partners, it would be my honour ...
Asian Development Bank leader Kanda announces bid for second term
MANILA, April 22 : Asian Development Bank President Masato Kanda announced on Wednesday his intention to stand for reelection as President after his current term ends on November 23, 2026, the Manila-based lender said in a statement. "With the trust of our partners, it would be my honour to con ...
Japan's Nikkei rises to record closing high on tech boost
[TOKYO] Japan’s Nikkei share average rose for a third consecutive session and hit a record closing high on Wednesday (Apr 22), supported...
Asian stocks slip from pre-war peak on Mideast ceasefire doubts, fallout worries
Markets digested the indefinite ceasefire extension announced by US President Donald Trump, weighing the long-term implications of already lost crude supply and the ongoing closure of the Strait of Hormuz on emerging, energy-importing countries in Asia.
Track your macros: Meal prep delivery services see gains in Singapore, amid health and fitness boom
Paige Lim - Much of the demand has been fuelled by a new generation of consumers who are more informed about nutrition and portion control,...
Vicom CFO Mary Lee to retire, Chung Tying Chun to be deputy CEO
Shikhar Gupta - The successor for Lee, 66, has not yet been identified, said the vehicle inspection company
VinFast eyes EV sales jump of five times in overseas market; taxi arm seen as key growth lever
Jamille Tran - Founder says Vietnamese carmaker’s Ebitda will break even by 2027, after cumulative losses of US$14.5 billion as at end-2025
JP Morgan upgrades Nikkei year-end target to 70,000 on AI boom, weak yen
TOKYO, April 22 : J.P. Morgan on Wednesday raised its year-end target for Japan's Nikkei share average index to 70,000 from a previous target of 61,000, citing a boom in artificial intelligence and a weaker yen. J.P. Morgan also hiked its year-end target for the broader Topix index to 4,300 fro ...
Vietnam’s GSM Taxi plans to hold IPO in 2028, founder says
The ride-hailing taxi is expected to expand its service to India
Keppel divests i12 Katong mall for S$372 million to Tanoto-linked vehicle
Chloe Lim - East Coast mall was put on the market around November 2025 with guide price of S$380 million
Keppel divests i12 Katong mall for S$372 million
Chloe Lim - The buyer, Altallo Holdings, will pay the total sum over three tranches
Explainer-How the Iran war oil and gas supply shock compares with past disruptions
LONDON, April 22 : The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters calculations based on International Energy A ...
Blackstone’s AirTrunk plans its first data centre-backed bond
The company operates data centres in Australia, Hong Kong, Japan, Malaysia and Singapore
Vingroup plans taxi IPO, scraps LNG power plant project
HANOI, April 22 : Vietnamese conglomerate Vingroup is ditching plans to build the country's largest LNG-fired power plant and will turn to renewables for the project, its chairman told shareholders on Wednesday as he also flagged an IPO for the group's taxi unit in 2028. In a signal of how ...
Keppel to divest i12 Katong for $372 mil
Felicia Tan - Keppel Limited has agreed to divest its stake in suburban retail mall i12 Katong to Altallo Holdings for a cash consideration of $372.03 million. The five-storey mall, deemed by the group as a non-core asset, is located at 112 East Coast Road and has a net lettable area of 211,950 sq ft, which inclu ...
SK Hynix to invest about $13 billion in a new South Korea plant to meet AI memory demand
SEOUL, April 22 : SK Hynix said on Wednesday it plans to invest 19 trillion won ($12.85 billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand for AI memory, with construction set to begin this month.($1 = 1,478.1000 won)
HSBC is said to shortlist Allianz, Sumitomo for Singapore insurer
The bank starts a review of the insurance business in January
As MSCI review looms, Indonesia’s stock market reforms test investor confidence
Elisa Valenta - The exchange is set to delist 18 companies, whose shares have been suspended for months
Chinese crypto tycoon eyes Hong Kong capital with bitcoin asset management push
Li grew Huobi - now known as HTX - into one of the world’s largest cryptocurrency exchanges
OpenAI in talks to commit up to $1.5 billion to private equity JV, FT reports
April 22 : Artificial intelligence firm OpenAI is set to commit up to $1.5 billion to a new joint venture with private equity firms, Financial Times reported on Wednesday, citing people familiar with the matter. The ChatGPT maker will initially invest $500 million of equity into the joint venture, k ...
OpenAI in talks to commit up to $1.5 billion to private equity joint venture, FT reports
April 22 : Artificial intelligence firm OpenAI is set to commit up to $1.5 billion to a new joint venture with private equity firms, the Financial Times reported on Wednesday, citing people with knowledge of the matter. Reuters could not immediately verify the report.OpenAI will commit an initial $5 ...
China property tipping point will drive up stocks, JPMorgan says
The latest batch of housing numbers backs up a positive view
HCLTech's $4.5 billion wipeout sparks broad IT selloff, reviving doubts over sector recovery
April 22, BENGALURU - HCLTech lost $4.5 billion in market capitalisation on Wednesday after it projected fiscal 2027 revenue growth below estimates, with restrained client spending raising fresh doubts over a recovery in India's $315 billion IT industry.The weakness points to sector-wide challe ...
HCLTech falls as weak outlook, Q4 miss highlight pressure on India's IT sector
April 22 : HCLTech fell as much as 9.4 per cent on Wednesday after it forecast fiscal 2027 revenue growth below analysts' expectations and reported a fourth-quarter earnings miss, citing restrained spending by clients of India's $315 billion IT industry. Shares were down 9.2 per cent at 9: ...
Australia, New Zealand dollars bounce as US extends ceasefire with Iran
[SYDNEY] The Australian and New Zealand dollars bounced on Wednesday as the US extended a ceasefire with Iran indefinitely to allow for...
uSmart starts Soon Hock Enterprise at ‘buy’, sees potential re-rating ahead of Skye@Tuas launch
Felicia Tan - uSmart analyst Ng Xin Yang has initiated a “buy” call on Mainboard-listed Soon Hock Enterprise with a 12-month target price of 72 cents. Ng’s target price implies a total return of around 19%, including the company’s FY2026 dividend yield of 5.8%. It is also valued based on a 30% discount to ...
Trump weighs shipping waiver renewal to ease oil, gas prices
Global energy prices have risen substantially in the past two months, with Brent crude, climbing nearly 36%
As ‘margin for error’ narrows, strategic decisiveness is key for businesses in fragmented world: DPM Gan
Tessa Oh - Singapore is doubling down on its role as a trusted hub for businesses seeking stability and growth
Singapore SMEs extend growth streak in Q1, but Middle East war clouds outlook: OCBC
Renald Yeo - [SINGAPORE] Singapore’s small and medium-sized enterprises (SMEs) remained in expansionary mode in the first quarter of 2026, but the full impact of...
Investor Justin Sun sues Trump-backed World Liberty Financial over token rights
April 21 : Crypto entrepreneur Justin Sun said on Tuesday he has filed a lawsuit in California federal court against U.S. President Donald Trump's World Liberty Financial to defend his legal rights as a holder of WLFI tokens.Sun, a major investor in World Liberty Financial, said the crypto vent ...
