21 hours ago
Asia-Pacific private equity exits rebound, net distributions turn positive in 2025: Bain
Benjamin Cher - General partners list robust IPO markets and strong public market performances as catalysts for the rebound
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
21 hours ago
Clar bulks up with S$1.4 billion Singapore, Japan buys funded by S$900 million unit issue
Shikhar Gupta - The manager also proposes an advanced distribution, expected to be S$0.0375 per existing unit
21 hours ago
Clar bulks up with S$1.4 billion Singapore, Japan buys funded by S$900 million issue
Shikhar Gupta - The manager also proposes an advanced distribution, expected to be S$0.0375 per existing unit
21 hours ago
CapitaLand Ascendas bulks up with S$1.4 billion Singapore, Japan buys, to fund deals with S$900 million unit issue
Shikhar Gupta - With the purchases, Clar’s Singapore AUM value will increase to about S$13.2 billion
21 hours ago
Itochu, ERI to set up Japan venture to recycle electronics
TOKYO, March 24 : Trading house Itochu said on Tuesday it would form a Japanese venture with Electronic Recyclers International to recycle electronic equipment.Itochu also plans to buy a stake in ERI, but did not disclose details of the investment.Japan is ramping up resource-recycling efforts as ri ...
21 hours ago
Itochu, US firm to set up Japan JV in electronics recycling
TOKYO, March 24 : Japanese trading house Itochu said on Tuesday it has agreed to form a capital and business alliance with U.S. Electronic Recyclers International, which operates an electronic equipment recycling business in the United States.The companies will establish a joint venture, ERI Japan, ...
21 hours ago
Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, CapitaLand Ascendas Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Mar 24):
21 hours ago
CLAR to acquire three more assets for $1.41 bil; launches $900 mil fund raise
The Edge Singapore - CapitaLand Ascendas REIT is on a shopping spree, with the acquisition of numerous asssets for around $1.41 billion, including its foray into Japan. This means since last December, CLAR is spending or has spent more than $2.2 billion to beef up its portfolio. According to its announcement on March 24 ...
21 hours ago
OpenAI warns Microsoft ties pose risk ahead of potential IPO, CNBC reports
OPENAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is...
22 hours ago
US FCC bans wireless router imports, citing security concerns
The latest development is reminiscent of a ban on smartphones developed by Chinese companies
22 hours ago
Stoneweg Europe Stapled Trust divested office in Poland for €22.5 mil
The Edge Singapore - Stoneweg Europe Stapled Trust has divested an office in Warsaw for €22.5 million, or around $33.6 million, at a slight premium to its most recent valuation of €21.4 million. Riverside Park is described as a multi-tenant office asset completed in 2005 with approximately 12,631 sqm of net lettable ...
22 hours ago
Wall Street-backed crypto exchange takes aim at Asia FX market using won stablecoin
The goal is to create a cheaper, digital alternative to traditional non-deliverable forwards
22 hours ago
Japan's core inflation slows below BOJ target, complicates rate communication
TOKYO, March 24 : Japan's core consumer inflation slowed below the central bank's 2 per cent target in February for the first time in nearly four years, data showed, as government fuel subsidies offset rising import costs from a weak yen and surging oil prices from the Iran war.While the r ...
22 hours ago
Japan's core inflation slows below BOJ target, complicates rate path
TOKYO, March 24 : Japan's core consumer inflation hit 1.6 per cent in February to slide below the central bank's 2 per cent target for the first time in nearly four years, data showed on Tuesday, complicating its efforts to justify further interest rate hikes.Analysts expect core inflation ...
22 hours ago
Strategy seeks US$42 billion to accelerate Bitcoin buying
The company now holds more than 762,000 Bitcoin, valued at roughly US$54 billion
23 hours ago
Trump began Iran talks as allies warned war risked disaster
BeBartenstein, Fiona MacDonald, Sam Dagher and Mirette Magdy / Bloomberg - Donald Trump’s decision to back down from his threat to destroy Iran’s power infrastructure came after US allies and Gulf countries privately warned the president of the dangers of following through with his threat, according to people familiar with the matter. The US president said Monday he wa ...
23 hours ago
The second coming of S-chips is different
SGX is again exploring the possibility of attracting Chinese companies, but this time the strategy is far more targeted
23 hours ago
Apple to hold annual developers conference from June 8
The iPhone maker has faced a series of setbacks in the AI race
23 hours ago
Toyota to invest further US$1 billion to boost output at US plants
Trump has been pushing Japan and its carmakers to shift more production to America
23 hours ago
US Fed’s Daly says no single most-likely path for rates
SAN Francisco Federal Reserve Bank President Mary Daly on Monday said that unless the Iran conflict resolves quickly and the Fed can...
24 hours ago
Apple is set to put ads in Apple maps in services push
The company has been working to sell more ads inside of its News app as well
24 hours ago
US crude oil futures rise over $1 in early Asia trade
March 24 : U.S. crude futures rose more than $1 in early Asia trade on Tuesday as markets assessed the supply outlook after Iran denied holding talks with the United States, contradicting President Donald Trump's earlier claim that discussions were under way.U.S. West Texas Intermediate crude f ...
24 hours ago
Oil rises as markets assess supply risks after Iran denies US talks
Trump said a deal could be reached soon
24 hours ago
Oil prices plunge 11% on US-Iran talks to resolve hostilities in the Middle East
Trump said a deal could be reached soon
24 hours ago
European shares recover after Trump’s comments spark de-escalation hopes
EUROPEAN shares rebounded on Monday, snapping a three-day losing streak after US President Donald Trump said he would postpone any strikes on Iranian...
24 hours ago
Estee Lauder in talks to buy Spain’s Puig to create beauty giant
Puig has also been undergoing big changes, recently announcing a new CEO
24 hours ago
Jury in social media addiction trial tells judge it's having difficulty coming to consensus
LOS ANGELES, March 23 : The jury in the social media addiction trial in Los Angeles told the judge on Monday it is having difficulty coming to a consensus with one defendant.The defendants are Google and Meta, but the jury did not specify which one it was referring to.Judge Carolyn B. Kuhl said the ...
24 hours ago
Commentary: Iran war is a risk to the flow of Gulf funds around the globe
The world has come to depend on capital from the region more deeply than many realise, says Mohamed El-Erian for the Financial Times.
24 hours ago
US stocks: Wall Street indexes rise after Trump postpones strikes on Iran’s power plants
THE main US indexes closed up more than 1 per cent on Monday as oil prices fell after President Donald Trump said...
1 day ago
FCC banning imports of new Chinese-made routers, citing security concerns
WASHINGTON, March 23 : The Federal Communications Commission said on Monday it was banning the import of all new foreign-made consumer routers, the latest crackdown on Chinese-made electronic gear.Routers are boxes that connect computers, phones, and smart devices to the internet, and lawmakers have ...
1 day ago
Hyundai recalls 58,000 Palisade SUVs in South Korea due to automatic seat problem
SEOUL, March 24 : South Korea's transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month.Hyundai stopped sales of some high-end versions o ...
1 day ago
Crunchyroll probes breach after hacker steal users data, BleepingComputer reports
March 23 : Crunchyroll, a subscription-based anime streaming service, is probing a data breach after hackers claimed to have stolen personal information of nearly 6.8 million people, BleepingComputer reported on Monday."We are aware of recent claims and are currently working closely with leadin ...
1 day ago
Freeport-McMoRan confident in copper demand despite Iran conflict, CEO says
HOUSTON, March 23 : Freeport-McMoRan expects demand for copper for use in electrification, data centers and other high-tech areas to remain resilient despite market jitters tied to the Iran conflict, CEO Kathleen Quirk told Reuters on Monday. Copper, one of the best electricity-conducting metals, is ...
1 day ago
OpenAI CEO Sam Altman exits Helion Energy's board as firms explore partnership
March 23 : OpenAI Chief Executive Sam Altman said on Monday he has stepped down from the board of directors of Helion Energy, the fusion startup he has backed since 2015, as the companies start to explore working together "at significant scale". Altman, who is also on the OpenAI board, sai ...