Sembcorp’s prospects lifted by Middle East conflict and Alinta acquisition
Lin Daoyi - Slightly more than a week after Israel and the US commence assaulting Iran, the Strait of Hormuz, a narrow waterway between Iran and Oman, is effectively unnavigable as maritime insurers have stopped providing coverage for vessels travelling through the Persian Gulf amid increasing risk of ships bei ...
Large caps lead active value realisation in February
Smartkarma Research - Singapore’s equity market entered February with robust momentum. On Budget day, the Straits Times Index crossed the 5,000 mark for the first time in its history, reflecting strong bank earnings, policy support, and renewed capital inflows. At the same time, policymakers reinforced the market’s s ...
Meta delays rollout of new AI model after performance concerns
Its rivals Google, OpenAI and Anthropic are acknowledged as ahead in foundational AI models
JPMorgan, UBS dropped hedge fund embroiled in Hong Kong probe
Regulators have also warned banks over the quality of IPO applications
Nordic Group emerges as an alternative defence and security play to ST Engineering
Teo Zheng Long - As violence escalated in the Middle East, most investors quickly took profits and ran. The smarter move, however, might be to hold firm and trust the long game. “Fundamentals will eventually reassert themselves, barring a significant broadening out or worsening of the conflict,” say OCBC Group R ...
Frencken’s 2H comes in line but poised for pick-up in semiconductor-related demand
The Edge Singapore - Frencken Group’s earnings for its 2HFY2025 ended Dec 31, 2025 increased by just 1.1% y-o-y, on the back of 2.9% y-o-y increase in revenue, largely in line with expectations. However, prospects of a significant recovery, led by stronger, clearer demand from its semiconductor customers, have led ana ...
Qantas to pay US$74 million to customers for cancelled COVID-19 flights
SYDNEY: Australia's Qantas Airways said on Friday (Mar 13) it would pay out A$105 million (US$74 million) to settle a class action alleging it misled customers and failed to provide ticket refunds for flights cancelled during the COVID-19 pandemic.The class action on behalf of Australian passen ...
Margins may dip but UltraGreen.ai poised for more growth with more regulatory approvals
The Edge Singapore - UltraGreen.ai, a global market leader in the sale of indocyanine green (ICG) used in surgeries, reported FY2025 ended Dec 31, 2025 earnings of US$75.6 million ($96.9 million) for its first financial report card since its IPO last December, an increase of 35% over the preceding FY2024. Revenue in the ...
China’s OpenClaw frenzy tests Xi’s approach to regulate AI
Tech giants and consumers have rushed to embrace the agentic AI phenomenon in the past few weeks and at its peak
Nikkei drops 1.7% as Middle East tensions boost oil prices
It was on track for a second straight weekly decline
Addvalue exploring 'strategic options' to grow market in US
The Edge Singapore - Addvalue Technologies is exploring ways to "unlock the market value and realise the full potential" of its inter-satellite data delay system (IDRS) business. To this end, the company has assembled a working team with external professional advice to explore alliances, M&A deals or " ...
Brokers' Digest: 17Live, Singtel, Innotek, ASL Marine, IREIT Global, Ever Glory, Wilmar
The Edge Singapore - 17Live Group Price target: PhillipCapital ‘buy’ $1.18 Lower targets on softer growth belief PhillipCapital is reiterating its “buy” call on Singapore’s first and only successfully Spac-listed company, 17Live (SGX: LVR ) , but has dropped the target price to $1.18 from $1.45 previously.
Oil price stays above US$100, Asian stocks fall as Iran's Khamenei targets Hormuz
Analysts say the record 400 million barrels released from International Energy Agency stockpiles had little impact.
ST Engineering to deploy intelligent transport systems in Singapore to help LTA manage traffic
Chloe Lim - The contracts were secured with the Land Transport Authority in 2025
Dollar poised for second weekly gain with no end in sight for Iran war
TOKYO, March 13 : The dollar held gains on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing.The euro traded near its weakest since November while the yen was at levels that put traders on guard for possibl ...
Dollar on track for second weekly rise; euro, yen at multi-month lows
March 13 : The U.S. dollar was on course for a second consecutive weekly gain on Friday as the war in the Middle East drove investors towards safe-haven assets, while energy-sensitive currencies such as the euro and yen slid to multi-month lows.A sharp and prolonged rise in oil prices would severely ...
Dollar climbs with no end in sight for Iran war; yen at 20-month low
TOKYO, March 13 : The dollar rose to more than three-month high on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing.The euro fell to its weakest since November, and Japan warned that it was ready to take a ...
ST Engineering to deploy new traffic management system for LTA
The Edge Singapore - ST Engineering has been contracted by the Land Transport Authority to deploy an intelligent transport system to help improve traffic management. The contract value is not disclosed and was already recorded in the company's FY2025 order book which totalled $33.2 billion, including $18.7 billion ...
Chinese banks boost loans to tech sector as Beijing ramps up AI push
Tech financing had been made a priority
Adobe CEO to step down in face of investor concerns over AI
Shantanu Narayen will remain in the position until a successor has been appointed
Stocks to watch: ST Engineering, UI Boustead Reit, MoneyMax Financial Services
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 13):
Honda shares slide more than 5% as automaker faces first annual loss
TOKYO, March 13 : Shares in Honda Motor fell more than 5 per cent in Tokyo on Friday morning after the company flagged its first annual loss in almost 70 years as a listed company, hit by up to $15.7 billion in restructuring costs at its electric-vehicle business.
How the Iran war is disrupting the Strait of Hormuz
The strait is an essential passage for the oil market, handling about a quarter of the world’s seaborne oil trade
BuzzFeed flags going concern risk, shares down
Its stock has lost 98 per cent of its value since it went public via a blank-cheque merger in 2021
Meta delays rollout of new AI model code-named 'Avocado,' NYT reports
March 12 : Meta has delayed the release of its artificial intelligence model code-named "Avocado" to at least May from this month, the New York Times reported on Thursday, citing three people with knowledge of the matter.The delayed timeline comes even as the company invests heavily to exp ...
Meta delays rollout of new AI model, NYT reports
March 12 : Meta has delayed the release of its artificial intelligence model code-named Avocado to at least May from this month, the New York Times reported on Thursday, citing three people with knowledge of the matter. Reuters could not immediately verify the report.
Meta pushes AI model 'Avocado' rollout to May or later, NYT reports
March 12 : Meta has postponed the release of its artificial intelligence model "Avocado" to at least May, from this month, the New York Times reported on Thursday, citing sources.The performance of Meta's new AI model currently falls between Google's AI Gemini 2.5 and Gemini 3, d ...
BESI attracts takeover interest as advanced chip packaging demand surges, sources say
NEW YORK/ LONDON, March 12 : BE Semiconductor Industries has been fielding takeover interest, as demand for its chip-packaging technology has become more critical for semiconductor equipment makers, according to three people familiar with the matter.The Amsterdam-listed chip equipment maker, which h ...
Exclusive-BESI attracts takeover interest as advanced chip packaging demand surges, sources say
NEW YORK/ LONDON, March 12 : BE Semiconductor Industries has been fielding takeover interest, as demand for its chip-packaging technology has become more critical for semiconductor equipment makers, according to three people familiar with the matter.The Amsterdam-listed chip equipment maker, which h ...
Yen hits new low against Singapore dollar as Middle East crisis jolts oil prices
The Japanese currency has weakened another 2.11% so far in 2026
Iran not going to close Strait of Hormuz, Iran UN envoy says
IRAN’S UN ambassador said on Thursday Tehran was not going to close the Strait of Hormuz, but added that it was Iran‘s right...
Musk's X to change verification system in Europe, Bloomberg News reports
Musk's X submits remedies relating to its blue check mark, EU spokesperson says
Amazon plans to shift annual Prime Day sale to June from July
The latest change has implications for the company’s financial reporting
