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 ...
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.
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 shows
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 says
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
Despite Iran war’s impact, Changi Airport Q1 passenger traffic up 2.3%, driven by North Asia, Europe demand
Therese Soh - It hits a record 70.4 million for the 12 months ended March 2026
Despite Iran war, Changi Airport Q1 passenger traffic up 2.3%, driven by North Asia, Europe demand
Therese Soh - It hits a record 70.4 million for the 12 months ended March 2026
Should SpaceX be valued at US$2 trillion in June IPO?
Assif Shameen - How do you value a company that is growing revenues at a 30% annual clip, focused on launching rockets and spaceships, founded by a visionary serial entrepreneur who already runs a pioneering electric vehicle (EV) firm worth US$1.3 trillion ($1.65 trillion) and is widely recognised as one of the gre ...
Australian shares fall as doubts over US-Iran deal persist; banks, miners drag
AUSTRALIAN shares slipped on Friday, dragged by miners and banks, while domestic fuel supply concerns and doubts over whether upcoming US-Iran peace...
Brand visibility has a new battleground beyond search engines
Nurdianah Md Nur - Searching the internet used to mean typing a few keywords into a search engine and getting a page of links to sort through. Companies of every size competed to appear near the top of the page, spending what they could afford to stay visible. However, consumers today are increasingly bypassing the se ...
Allbirds sinks as 582% AI surge comes to screeching halt
The company says that it plans to rebrand itself as NewBird AI
Samsung Elec's South Korea union says up to 40,000 expected to join rally over wages
SEOUL, April 17 : The leader of Samsung Electronics' labour union in South Korea said on Friday that up to 40,000 workers are expected to join a rally on April 23 as it ramps up pressure on management over wage talks ahead of a possible strike.
Understanding price and value in the context of investing, Part 2
Thiveyen Kathirrasan - If the goal of investing is to be profitable, then there are many ways to achieve it. Some may require a lot of luck, some a lot of risk, some a lot of analysis, or a mixture of all of these. There is no surefire way to succeed in investing. Still, investors can significantly increase their chances ...
Stellantis invests 100 million euros to keep site near Paris open
The company has 12 sites in France and dozens elsewhere in Europe
Dollar set for second weekly loss on Iran war peace hopes
HONG KONG, April 17 : The U.S. dollar was headed for a second consecutive weekly decline on Friday in tentative trade, as a ceasefire between Israel and Lebanon and prospects for fresh Iran talks prompted investors to unwind safe-haven positions.A 10-day ceasefire between Lebanon and Israel went int ...
Dollar drops after Strait of Hormuz declared open, set for second weekly decline
NEW YORK, April 17 : The U.S. dollar fell on Friday and was on track for a second consecutive weekly decline, extending losses after Iran said the Strait of Hormuz was open, raising hopes the Middle East conflict is nearing an end.Iranian Foreign Minister Abbas Araqchi said in a post on X the strait ...
Dollar set for second weekly drop, euro steadies near pre-war levels
LONDON/HONG KONG, April 17 : The U.S. dollar headed for a second consecutive weekly decline on Friday, while the euro and British pound steadied around pre‑war levels, as investors unwound safe-haven positions on optimism stemming from a ceasefire between Israel and Lebanon and prospects for fresh ...
Iran peace talk optimism trips dollar for second straight week
HONG KONG, April 17 : The U.S. dollar was headed for a second consecutive weekly decline on Friday in cautious trade, as a ceasefire between Israel and Lebanon and prospects for fresh Iran talks prompted investors to unwind safe-haven positions.A 10-day ceasefire between Lebanon and Israel went into ...
Australia rules out fuel restrictions after fire at its largest refinery
The fire was brought under control after about 12 hours
Some small mid-caps could be superheroes in the making: OCBC
Kwan Wei Kevin Tan - The rally in the local stock market is often attributed to blue chips. The Straits Times Index (STI) hit 5,000 points on Feb 12 and has held steady, even amid shocks like the US-Israel strike on Iran and the energy crisis. Yet, this overlooks the solid gains made by small- and mid-cap (SMID) stocks, ...
Small mid-caps are superheroes in the making: OCBC
Kwan Wei Kevin Tan - The rally in the local stock market is often attributed to blue chips. The Straits Times Index (STI) hit 5,000 points on Feb 12 and has held steady, even amid shocks like the US-Israel strike on Iran and the energy crisis. Yet, this overlooks the solid gains made by small- and mid-cap (SMID) stocks, ...
Solving the ‘quadrilateral’ dilemma of cost, deadlines, quality and sustainability in construction
City & Country - The shift towards sustainability has been “profound”, especially for real economy sectors like the built environment industry, says Tan Sew Guan, executive director, RSP Architects Planners & Engineers. “Sustainability has evolved from a checkbox exercise into a core design driver — embe ...
Don’t miss out on the tech rally because of the war in Iran: Dan Ives
Kwan Wei Kevin Tan - If you watch CNBC or Bloomberg Television frequently, chances are you will know who Dan Ives is. The managing director and global head of technology at Wedbush Securities is best known for his bullish calls on Tesla and Nvidia, as well as his bold fashion sense. Hot pink jackets or pastel coloured p ...
China fund beating 98% of peers bets on AI chain, healthcare
Chinese AI firms’ worldwide recognition has extended far beyond the big tech names
