Toyota supplier Denso expects full-year profit drop, withdraws Rohm buyout offer
NAGOYA, Japan, April 28 : Japan's Denso, a major supplier to Toyota, said on Tuesday it expects operating profit in the financial year that began this month to fall from the prior year, citing uncertainty over the Middle East and higher investment spending. The world's second-largest auto ...
Toyota supplier Denso expects FY 2027 profit drop on Middle East uncertainty, spending
NAGOYA, Japan, April 28 : Japan's Denso, a major supplier to Toyota, said on Tuesday it expects operating profit in the financial year that began this month to fall from the prior year, citing uncertainty over the Middle East and higher investment spending. The world's second‑largest aut ...
Singapore’s corruption-related reports reach new low in 2025, continuing downward trend since 2021
Lee U-Wen - Construction, manufacturing, transportation and storage are the main industries vulnerable to corruption, says CPIB
Singapore sees fewer corruption-related reports made in 2025, continuing downward trend since 2021
Lee U-Wen - Construction, manufacturing, transportation and storage are the main industries vulnerable to corruption, says CPIB
China’s Anta mounts India comeback as bilateral ties improve
The sportswear maker’s return comes as Indian consumers show renewed appetite for Chinese brands
Bank of Japan set to keep rates steady as Iran war clouds outlook
It will be the first among a flurry of central banks seen as keeping policy steady this week
Japan ready '24 hours' to act on currency swings, finance minister says
TOKYO, April 28 : Japanese Finance Minister Satsuki Katayama said on Tuesday that the government was standing by around the clock and ready to take action against foreign exchange volatility while closely coordinating with the United States.Currency markets are awaiting a decision later on Tuesday f ...
Gold steadies as traders weigh diplomatic push to end Iran War
The standoff has reduced daily transits via the strategic waterway to near zero, choking off flows of crude, natural gas and oil...
Stoneweg Europe Stapled Trust reports 1QFY2026 indicative DPS of 3.423 Euro cents; 1.5% higher y-o-y
Teo Zheng Long - Stoneweg European Stapled Trust (SERT) (SGX: SET ) has reported an indicative distribution per stapled security of 3.423 Euro cents for 1QFY2026 ended March 31, 2026, 1.5% higher y-o-y. Both gross revenue and net property income (NPI) were down 1.3% y-o-y to EUR52.8 million and EUR33.1 million respe ...
Stoneweg Europe Stapled Trust reports 1QFY2026 DPU of 3.423 Euro cents; 1.5% higher y-o-y
Teo Zheng Long - Stoneweg European Stapled Trust (SERT) SET has reported a distribution per stapled security of 3.423 Euro cents for 1QFY2026 ended March 31, 2026, 1.5% higher y-o-y. Both gross revenue and net property income (NPI) were down 1.3% y-o-y to EUR52.8 million and EUR 33.1 million respectively. The lower ...
Lao PDR’s Singapore bond issuance and its path to improved debt sustainability
Akifumi Fujii, Ravisara Hataiseree, Thotsaphone Sitphaxay - Lao PDR’s return to offshore bond markets in November 2025, after a two-year hiatus, was a milestone in its journey of macroeconomic stabilisation. The country’s Singapore bond issuance represents a measured step toward rebalancing its public debt profile. It diversifies funding sources and redu ...
Nikkei slips from record high ahead of BOJ decision
[TOKYO] Japan’s Nikkei share average on Tuesday slipped from a record high reached in the previous session, as investors awaited the Bank...
Nikkei slips from record high, JGBs wobble on BOJ’s hawkish hold
[TOKYO] Japan’s Nikkei share average slipped from a record high, government bonds swung, and the yen rallied on Tuesday, after the central...
Oil prices gain as Iran war stand-off persists
HONG KONG: Oil prices jumped and stocks sank Tuesday (Apr 28) as Donald Trump weighed an Iranian proposal that would reportedly reopen the Strait of Hormuz and end the
Oil prices up 2% as no end to Iran war stand-off seems in sight
April 28 : Oil prices rose nearly 2 per cent on Tuesday, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of ...
Oil prices rise 1% as no end to Iran war stand-off seems in sight
April 28 : Oil prices rose 1 per cent on Tuesday, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global ...
Oil prices rise as no end to Iran war stand-off seems in sight
BENGALURU, April 28 : Oil prices extended their gains on Tuesday as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. U.S. President Donal ...
Crude hits US$111 as it extends gains, stocks drop as Trump considers latest Iran proposal
HONG KONG: Oil prices jumped and stocks sank Tuesday (Apr 28) as Donald Trump weighed an Iranian proposal that would reportedly reopen the Strait of Hormuz and end the
Vietnam gas major looks to US as Iran war reorders LPG flows
The state-owned gas major will bring in 66,000 tonnes of the widely-used cooking fuel from America in May
Stocks to watch: ST Engineering, Clar, MPACT, Yangzijiang Maritime, Sert, Addvalue Tech, GSH
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 28):
Paramount seeks FCC approval for foreign investors backing Warner Bros acquisition
Middle Eastern-linked funds have agreed to back its proposed takeover
BYD, Geely results to provide pointers in China EV stock rivalry
The surge in oil prices due to the Iran war has driven gains in shares of electric vehicle and battery makers as...
GXS’ FY2025 loss narrows to S$208.1 million on higher income and lower costs
Benjamin Cher - It is on track to achieve profitability by 2027, within MAS’ five-year framework for digital banks
GXS narrows losses for FY2025 on higher income and lower costs
Benjamin Cher - GXS is on track to achieve profitability by 2027, within MAS’ five-year framework for digital banks
MPACT Q4 DPU falls 2.6% to S$0.019 amid overseas headwinds
Chloe Lim - Net property income also declines 5.9% year on year to S$159.6 million, from S$169.5 million
Xi tests China’s reach by blocking Meta’s already-done acquisition of Singapore-based Manus
The country’s regulators have long wielded power far beyond their counterparts in most other countries
Xi tests China’s reach by blocking Meta deal that’s already done
The country’s regulators have long wielded power far beyond their counterparts in most other countries
Activist Starboard Value takes major stake in AI software maker Dynatrace, WSJ reports
April 27 : Activist investor Starboard Value has taken a major stake in AI software maker Dynatrace and is advocating for strategic changes to help boost its share price, the Wall Street Journal reported on Monday, citing a draft of a letter by a senior executive.The draft letter by Starboard managi ...
Activist Starboard Value takes stake in AI software maker Dynatrace, WSJ reports
April 27 : Activist-investor Starboard Value has taken a significant stake in AI software maker Dynatrace and is pushing for changes that could help boost the stock, the Wall Street Journal reported on Monday, citing a draft of a letter.
MPACT’s FY2026 DPU down marginal 0.6% y-o-y to 7.97 cents due to one-off tax charge
The Edge Singapore - Mapletree Pan Asia Commercial Trust’s (MPACT) 4QFY2026 distributions per unit (DPU) for the three months to March 31 fell by 2.6% y-o-y to 1.9 cents. The decline was due to a one-off tax charge of $8.3 million for the divestment of Festival Walk Tower. Excluding this tax charge, 4QFY2026 DPU would ...
Higher bar, talent crunch complicate Singapore SMEs’ succession plans
Therese Soh - For ageing towkays, finding the right successor may prove more elusive than before, observers say
DBS drives S$20 billion in Apac data centre deals as AI boom tests bank funding limits
Young Zhan Heng - If alternative financing channels and debt-recycling models fail to materialise, Asia’s data centre buildout could slow
How Asia-Pacific is fighting a fuel shock that could get worse
The disruption has laid bare how reliant the region is on Middle East energy
Intel US$6.5 billion bond sale signals investor hope in turnaround
Its shares have hit record highs