Japan's core inflation likely ticked up in March fuelled by energy costs: Reuters poll
TOKYO, April 17 : Japan's core consumer inflation probably picked up slightly in March from the previous month due to higher energy costs, a Reuters poll showed on Friday, in a sign of the tangible impact of the Middle East conflict. The nationwide core consumer price index (CPI) - which includ ...
Ericsson first-quarter profit misses estimates on sluggish sales
The company has focused on slashing costs, eliminating about 5,000 jobs worldwide in 2025
In taxing wealth, how far can Singapore push property owners?
Tessa Oh - While inequality data has revived calls for wealth taxes, the government remains focused on immobile assets
Vietjet signs finance lease deal with SPDB for 10 Chinese-made Comac aircraft
The carrier currently operates 135 aircraft
Wall Street turns gloomy on US dollar as haven demand fades
Investors are once again focusing on the headwinds that drove the dollar down 8 per cent in 2025
IMF expects ECB to raise rates by half a percentage point in 2026
The ECB’s main interest rate is currently set at 2 per cent
Ericsson lags profit expectations as AI demand drives up chip bill
April 17 : Sweden's Ericsson reported a first-quarter core profit that slightly missed market expectations on Friday, citing increasing chip costs caused by artificial intelligence demand and a sales slowdown in North America.The network equipment maker is facing rising input costs partially du ...
Ericsson lags profit expectations as AI demand drives up chip costs
April 17 : Sweden's Ericsson reported a first-quarter core profit that slightly missed market expectations on Friday, citing increasing chip costs caused by artificial intelligence demand and a sales slowdown in North America.The network equipment maker is facing rising input costs partially du ...
Ericsson slightly lags profit expectations as AI demand drives up chip costs
April 17 : Sweden's Ericsson reported a first-quarter core profit that slightly missed market expectations on Friday, citing increasing chip costs caused by artificial intelligence demand and a sales slowdown in North America.The company reported an adjusted operating profit of 5.2 billion Swed ...
Hutchison, Jardine in talks to merge supermarket businesses in Hong Kong, sources say
HONG KONG, April 17 : CK Hutchison Holdings and Jardine Matheson Holdings, two of Hong Kong's biggest conglomerates, are in talks to merge their supermarket divisions in the city, said two people with knowledge of the matter.The talks between Hutchison and Jardine's DFI Retail unit have be ...
Hutchison, Jardine in talks to merge supermarket business in Hong Kong, sources say
HONG KONG, April 17 : CK Hutchison Holdings and Jardine Matheson Holdings, two of Hong Kong's biggest conglomerates, are in talks to merge their supermarket divisions in the city, said two people with knowledge of the matter.The talks between Hutchison and Jardine Matheson's retail unit DF ...
Jardines and CK Hutchison pursue Hong Kong supermarket megadeal, FT reports
April 17 : Hong Kong-based Jardines is in talks with CK Hutchison to buy its supermarket division, which trades as ParknShop, and merge it with Wellcome, the Financial Times reported on Friday, citing people familiar with the matter.CK Hutchison's AS Watson group, which owns ParknShop, competes ...
Hormuz blockade stirs tension over Malacca strait near Singapore
The Strait of Malacca is also more than five times longer than the Strait of Hormuz, providing ample scope for disruption
Japan says energy-related supply chain bottlenecks can be cleared within days
TOKYO, April 17 : Japan's industry minister Ryosei Akazawa said on Friday that supply chain bottlenecks arising from disruption to raw materials procurement including naphtha could be resolved within days, as the Iran war strains energy and petrochemical flows from the Middle East.Concern has m ...
Layoffs at PropertyLimBrothers expose key-man risk
Jovi Ho - Embattled property agency PropertyLimBrothers (PLB) has laid off employees from its media arm, less than three months after allegations about an extramarital affair between two senior executives thrust the firm into the spotlight. The “majority” of “local staff” from PLB Media were affected ...
London metals index at record high on aluminium ‘black hole’ fear
The metal has risen about 15% since the start of the Iran war
Malaysia's economy grew 5.3% yr/yr in Q1, official advance estimate shows
KUALA LUMPUR, April 17 : Malaysia's economy grew 5.3 per cent in the first quarter from a year earlier, official advance estimates showed on Friday, moderating from its pace at the end of 2025 as activity slowed in some key sectors.In the final quarter of 2025, gross domestic product had expand ...
Can Koh Brothers do better in unlocking value for shareholders?
Teo Zheng Long - Oiltek International, which was listed with hardly any fanfare in March 2022, has seen an almost meteoric rise in its share price, gaining more than 2,500% since its IPO to close at $2.12 on April 14. Buoyed by a growing chorus of bullish target prices — the latest being CGS International’s $3.3 ...
OpenAI to spend more than US$20 billion on Cerebras chips, receive stake: The Information
OPENAI has agreed to pay chip startup Cerebras more than US$20 billion over the next three years to use servers powered by...
India's Wipro slips as weak forecast deepens growth concerns
April 17 : Shares of Wipro dipped 3 per cent after its weak first-quarter revenue forecast reinforced concerns over slowing growth and persistent margin pressure for India's fourth-largest IT firm.The stock was the top loser on the IT index, which was down 0.4 per cent, and the second-biggest d ...
India's Wipro falls as weak forecast sparks growth concerns
April 17 : Shares of Wipro dipped 2.9 per cent on Friday after India's fourth-largest IT firm's revenue outlook for the ongoing quarter reinforced concerns around growth visibility and margin pressure.The stock was the top loser on the IT index as well as the benchmark Nifty 50.
India’s Wipro sheds over $650 million in market value on weak forecast
April 17 : Shares of Wipro fell 3 per cent on Friday, wiping out $670 million in market capitalisation a day after a tepid first-quarter revenue forecast reinforced fears of slowing growth and relentless margin pressure at India's fourth-largest IT firm.The selloff marked the stock's steep ...
Strike looms at Australia LNG plant as Inpex workers reject new contract
PERTH, April 17 : Japan's Inpex said on Friday that workers at its Ichthys liquefied natural gas facility in Australia had voted against a new employment agreement, raising the risk of a strike that could exacerbate already tight energy supplies globally."A majority of eligible employees h ...
AJJ Medtech eyes humanoid robots for next growth spurt, even as supply contracts multiply
Teo Zheng Long - Ship repair in Thailand was the main business of OEL (Holdings) until an industry downturn forced a rethink of its strategy. However, with new shareholders gaining control, the company has since exited its legacy ship repair business and renamed itself AJJ Medtech Holdings (SGX: 584 ) to tap growth ...
Can US and Iran conclude a lasting deal to end the Middle East war?
Iran is unlikely to give up its leverage over Hormuz without concessions from the US
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
The Singaporean bank has a presence in Indonesia with its Jakarta-listed subsidiary Bank OCBC NISP Tbk
Indonesia risks missing EV boom as most nickel goes to stainless steel, research says
Elisa Valenta - The growing adoption of nickel-free battery technologies is an added risk
Indonesia risks missing EV boom as most nickel goes to stainless steel, research shows
Elisa Valenta - The growing adoption of nickel-free battery technologies is an added risk
Asian stocks reverse as investors await news on US-Iran peace talks
Concerns over the shaky truce between the US and Iran, which ends next week, reversed a record-breaking streak for equities this week.
The need for balance in strengthening governance
June Sim - In any well-functioning market, scrutiny is not a threat — it is a necessity. The idea of the “loving critic”, recently articulated by National University of Singapore Professor Mak Yuen Teen, reflects an important truth: robust governance frameworks benefit from challenge, debate and diverse ...
Robotic legs help elderly Hong Kong fire survivors climb back for belongings
The complex’s apartment towers have 31 floors, making the climb difficult for many elderly former residents
Are we moving towards World War III?
Derwin Pereira - World wars are not announced in advance. They begin bilaterally, spread regionally, and then go global in an expanding cataclysm of uncontrollable conflict. Today, the question on many minds is: Are we moving towards World War III? We could be. The Australian soldier-diplomat David Kilcullen argues ...
Charles Schwab revenue misses estimates even as client assets climb
The firm has reported a 39% increase in daily average trades in March compared with a year earlier
Despite Iran war impact, Changi Airport Q1 passenger traffic up 2.3% on North Asia, Europe demand
Therese Soh - It hits a record 70.4 million for the 12 months ended March 2026
