Hussaini Saifee of Maybank Securities initiates coverage on Olam with 'buy' call and $1.60 target price
The Edge Singapore - Hussaini Saifee of Maybank Securities has initiated coverage on Olam International with a "buy" call and $1.60 target price, on the premise that the agri-food company is "one of the most compelling restructuring and management reset stories within the Temasek portfolio." "Ol ...
Top Bank of Korea official says it’s time to consider rate hike
The South Korean currency has recently touched its weakest level against the US dollar since the global financial crisis
Singapore government seeks public feedback on proposed legal framework for AV deployment, safety
Therese Soh - Proposed law will clarify safety regulations as well as the liability, insurance and enforcement regimes for operating AVs
Ministry of Transport seeks public feedback on proposed legislative framework for AV deployment
Therese Soh - Proposed legislation will clarify safety regulations as well as liability, insurance and enforcement regimes for operating AVs
CGSI’s William Tng boldly raises Venture Corporation target to $21.78
Lin Daoyi - Analyst William Tng from CGS International (CGSI) has reinforced his optimism in technology solutions provider Venture Corporation by maintaining his “buy” call with a higher target price of $21.78, representing an increase of $4.74 from the previous mark of $17.04. Based on the company’s 10-y ...
MediaTek hires former TSMC executive to boost AI chip packaging
TAIPEI, May 4 : Taiwanese chip designer MediaTek said it has appointed former TSMC executive Douglas Yu as a part-time adviser as it steps up advanced packaging work and expands into the AI chip market.Here are a few details: • Yu joined TSMC in 1994 and retired in 2025, holding a range of roles i ...
Anthropic nears $1.5 billion AI joint venture with Wall Street firms, WSJ reports
May 3 : Anthropic is finalizing an about $1.5 billion joint venture with Blackstone, Goldman Sachs and a handful of other Wall Street firms to sell artificial-intelligence tools to private-equity-backed companies, the Wall Street Journal reported on Sunday, citing people familiar with the matter.Ant ...
Samsung Electronics appoints new TV chief amid mounting competition
The company usually carries out its annual management reshuffle around December
SIA to use Starlink for in-flight Wi-Fi from first quarter of 2027
Shikhar Gupta - The upgrade is set to be completed by 2029 across its A380s and long-haul A350s
SIA to use Starlink for in-flight WiFi from first quarter of 2027
Shikhar Gupta - The upgrade is set to be completed by 2029 across its A380s and long-haul A350s
SIA to use Starlink for in-flight WiFi from 2027 on Airbus A350, A380
Shikhar Gupta - The upgrade is set to be completed by 2029 across its A380s and some A350s
Bank of Korea deputy chief says time to consider rate hikes
SEOUL, May 4 : The Bank of Korea's senior deputy governor said forward guidance on monetary policy would become more hawkish at the next meeting later this month, as it was time to consider interest rate hikes. Ryoo Sang-dai, a member of the central bank's seven-seat monetary policy board, ...
Oil slips after Trump says US will assist ships stranded in Strait of Hormuz
Negotiations between the US and Iran continued over the weekend with both sides assessing responses from each other
Oil slips after Trump says US will help free ships stranded in Strait of Hormuz
Negotiations between the US and Iran continued over the weekend with both sides assessing responses from each other
GameStop offers to buy eBay for about US$56 billion
A potential deal would upend the usual M&A playbook, as it is rare for a company to target one nearly four times...
Gold steady with focus on US Hormuz plan and Iran peace talks
The conflict has kept energy prices elevated, dimming hopes for interest-rate cuts by central banks, a negative for non-yielding bullion
Air India CEO search narrows to Singapore Airlines exec Kannan and insider Aggarwal: sources
The development suggests the search for a new CEO to lead India’s second-largest airline is nearing completion
As US brands stumble, China wins over young Indonesians
Chinese firms are now selling more of everything abroad, sending a tsunami of exports into every corner of the world
Stocks edge up in Asia, oil flat amid Middle East uncertainty
SYDNEY, May 4 : Shares edged higher while oil prices flatlined in Asia on Monday, as investors drew comfort from signs of patchy progress in settling the Middle East conflict at the start of a week packed with earnings and key economic data.President Donald Trump said the United States would begin a ...
Stocks gain in Asia, oil flat amid new Gulf proposals
Investors were also cheered by news that Iran had submitted fresh proposals to end its war with the United States.
Asian stocks track Wall Street tech rally as Seoul, Taipei hit records
Investors were also cheered by news that Iran had submitted fresh proposals to end its war with the United States.
Singapore and New Zealand sign essential supplies trade deal, will cooperate in AI and green economy
Elysia Tan - Leaders also discuss collaboration in defence and healthcare
Singapore, New Zealand can cooperate in supply chain resilience, AI and green economy: PM Wong
Elysia Tan - The countries’ leaders will witness the signing of a trade agreement for essential supplies
Singapore, New Zealand can cooperate in supply chain resilience, digital and green economy: PM Wong
Elysia Tan - The countries’ leaders will witness the signing of a trade agreement for essential supplies
Samsung Electronics appoints new TV chief amid mounting challenges
SEOUL, May 4 : Samsung Electronics replaced its TV head for the first time in more than two years, as it faces mounting competition from Chinese rivals at home and aboard.Samsung said in a statement on Monday that it has appointed Lee Won-jin, who was previously Head of the Global Marketing Office, ...
Stocks to watch: SGX, Nio, Mapletree Logistics Trust, Parkway Life Reit, Vin’s Holdings
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 4):
Asia bond sales jump in April as war lull spurs rush in issuance
Year-to-date volumes in the region are now broadly flat from a year earlier, in line with global markets
AI skills pull in higher salaries for engineers, as demand shifts to senior roles: report
Benjamin Cher - Pay for senior tech positions across disciplines on the rise, with those in software engineering climbing by 10.8 to 12.6% on average
China’s rare defiance of US sanctions sparks showdown over banks
The Asian nation has long been the single largest buyer of Teheran’s oil shipments
Beijing tells China firms to ignore US sanctions on refiners
The Asian nation has long been the single largest buyer of Teheran’s oil shipments
National Australia Bank profit misses estimates as software costs weigh on bank
The bank will pay an interim dividend of 85 Australian cents per share
GameStop offers to buy eBay for about $56 billion
May 3 : GameStop said on Sunday that it has proposed to buy all common shares of eBay Inc for about $56 billion.CEO Ryan Cohen, GameStop's largest investor, said the offer price is $125 a share in a 50-50 mix of cash and stock. Based on eBay's Friday close, the bid represents a premium of ...
GameStop makes unsolicited offer to buy eBay for about $56 billion, WSJ reports
May 3 : GameStop has made an unsolicited offer to acquire U.S. online marketplace eBay Inc for about $56 billion, the Wall Street Journal reported on Sunday, citing an interview with GameStop CEO Ryan Cohen.GameStop has built a roughly 5 per cent stake in eBay and is offering $125 a share in cash an ...
GameStop CEO Ryan Cohen makes unsolicited offer to buy eBay for about $56 billion, WSJ says
May 3 : GameStop Chief Executive Ryan Cohen has made an unsolicited offer to acquire eBay Inc for about $56 billion, the Wall Street Journal reported on Sunday. Reuters could not immediately verify the report.
