Analysis:Dollar sheds bulk of Iran war premium, but few expect a sharper drop
NEW YORK, April 15 : The U.S. dollar has given back most of the gains sparked by the Iran war, as a tentative ceasefire revived appetite for riskier currencies, but investors said robust demand for U.S. assets and waning prospects for U.S. interest-rate cuts should buttress it against sharper declin ...
US Senator Warren voices concern over Nvidia's acquisition of Slurm
SAN FRANCISCO, April 15 : U.S. Democratic Senator Elizabeth Warren sent a letter to the U.S. secretaries of the Department of Energy and Department of Defense on Tuesday, questioning them about Nvidia's acquisition of SchedMD, which makes Slurm software.Warren's letter to Energy Department ...
Never mind the ozone layer, mind your dividends
Jude Chan - If a company emits a lot of smoke to make its products, its costs are about to shoot up
Netflix to refocus on ads, content after failed Warner Bros bid
AI ruling prompts warnings from US lawyers: Your chats could be used against you
April 15 : As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability is on the line. These warnings became more urgent after a federal judge in New York ruled t ...
Scoot tops Cirium’s global airline emissions efficiency rankings for 2025
High seat density of 242 seats per aircraft and longer average flight sectors of 2,157 km have driven its performance
Singapore responds to US probe, says it does not condone forced labour in supply chains
Responding to two US trade investigations, Singapore also says the United States has had a consistent trade surplus with Singapore for more than 20 years.
EU age verification app ready as Europe moves to curb children's social media access
BRUSSELS, April 15 : The EU's age verification app for online platforms is technically ready and will soon be available to use, European Commission President Ursula von der Leyen said on Wednesday, as member states move ahead with their plans to curb social media access for children."We ar ...
AI agents gain traction in Singapore, but data gaps hold back adoption
Nurdianah Md Nur - Singapore companies are showing growing interest in AI agents, or artificial intelligence (AI) systems that can operate with minimal human input, but gaps in data and systems are slowing broader adoption. HubSpot’s survey of more than 700 business leaders in the city-state reveals that 43% expect ...
JP Morgan lowers CLCT’s target price for June 2027 while GS initiates UIB REIT coverage
The Edge Singapore - In an update on Apr 14, JP Morgan reduced its end-2026 target price of 78 cents for CapitaLand China Trust to an end-June 2027 target price of 66 cents while retaining a neutral rating. As JP Morgan sees it, CLCT is navigating a landscape in China where its retail portfolio has stabilised compared t ...
DBS deepens Hong Kong bet with US$334 million purchase of six floors at The Center
[HONG KONG] Singapore’s DBS deepened its bet on the Hong Kong wealth market on Wednesday (Apr 15), with its local unit purchasing...
More older millennials and Gen X in Singapore investing in cryptocurrency: report
Benjamin Cher - A third of them own or have owned the virtual currency in 2026, compared with 29% last year
STT GDC and SuperX open AI innovation centre in Singapore as firms struggle to scale AI projects
Nurdianah Md Nur - ST Telemedia Global Data Centres (STT GDC) and Nasdaq-listed SuperX AI Technology have opened an artificial intelligence (AI) innovation centre in Singapore to help companies move AI projects beyond the pilot stage into production. Located at STT GDC's Singapore 5 data centre in Tai Seng, the f ...
Freehold hilltop cluster houses at Chancery Hill for sale at $35 mil
Jovi Ho - A hilltop cluster housing development at 7, 7A, 7B and 7C Chancery Hill Walk is up for sale at a guide price of $35 million. With a gross floor area of about 12,594 sq ft, the guide price translates to about $2,779 psf. The freehold development currently comprises four cluster terrace houses, comple ...
China’s data centres are plugging into Reit-style financing wave
The niche funding tool – known as holding-type real asset-backed securities – has seen rapid uptake since it was introduced less than...
Japan refiners run at two-thirds capacity, awaiting crude from outside the Gulf
TOKYO, April 15 : Japanese refineries ran at two-thirds of their capacity last week, little changed from the previous week, highlighting the short-term challenges of replacing their Middle Eastern crude supply, cut by the Iran war.Refinery runs stood at 67.8 per cent of the designed capacity for the ...
Dollar set to snap 7-session skid amid talk of possible resumption of US-Iran peace talks
NEW YORK, April 15 : The U.S. dollar rose slightly on Wednesday and was on track for its first gain in eight sessions after falling to levels not seen since the start of the Iran war, as investors gauged the likelihood that peace talks would resume shortly.U.S. President Donald Trump said the war wi ...
Dollar nears six-week lows as hopes of Iran talks erase war premium
LONDON, April 15 : The U.S. dollar skimmed six-week lows on Wednesday, having surrendered almost all the gains made since the Iran war erupted, as signs of another round of talks between Washington and Tehran lifted risk appetite.Tehran has effectively shut the Strait of Hormuz, a crucial waterway f ...
Pakistan cenbank opens formal banking to licensed virtual asset service providers
ISLAMABAD, April 15 : Pakistan's central bank has allowed banks to open accounts for licensed virtual asset service providers, overriding a 2018 ban, a circular from the central bank and statement by the virtual asset regulator said, as the country moves to integrate digital assets into the reg ...
Share price of iX Biopharma briefly hits IPO price of 46 cents after listing on Catalist board for 11 years
Teo Zheng Long - After 11 years of listing, iX Biopharma’s share price finally recovered back to its IPO price during today’s trading session and currently has a market cap of around $438 million. Back in July 2015, iX Biopharma was listed on the Catalist board with an IPO price of 46 cents. The IPO allowed the ...
Chip systems supplier Aixtron lifts 2026 sales outlook, shares jump
April 15 : German chip systems manufacturer Aixtron raised its revenue guidance for 2026 on Tuesday, propelled by strong demand for optoelectronics equipment, which sent its shares to an over two-year high on Wednesday.Aixtron expects annual revenue of around 560 million euros ($660 million), plus o ...
STT GDC, SuperX launch AI Innovation Centre in Singapore
Chloe Lim - The facility aims to ‘fast-track’ AI initiatives from experimentation to production-ready scale
Temasek-backed STT GDC, SuperX launch AI Innovation Centre in Singapore
Chloe Lim - The facility aims to ‘fast-track’ AI initiatives from experimentation to production-ready scale
Honda to recall over 440,000 minivans in US over faulty deployment of airbags
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
The record loss comes at a critical juncture for Air India
Analysis:Foreign investors grow more wary of India as FX curbs hit bonds, earnings risks haunt equities
MUMBAI, April 15 : India's foreign exchange restrictions have made it costlier and more complex for overseas investors to hedge against rupee swings, denting the appeal of Indian bonds, while a war-driven hit to earnings prospects is adding fresh pressure on equities.Steps taken by the Reserve ...
SoftBank lenders ask more banks to join US$40 billion OpenAI loan
Those interested are required to commit around US$5 billion each, add sources
Burberry CFO says Asia has compelling prospects but faces increased competition
HONG KONG, April 15 : Burberry Group's chief financial officer, Kate Ferry, said on Wednesday Asia had very compelling long-term prospects for the luxury retailer, but recognised there would be more intensified competition.Ferry was speaking on a panel at the HSBC Global Investment Summit in Ho ...
Changi Airport to revamp private terminal, expand amenities in Terminal 2
Koh Kim Xuan - This comes amid a push to cater to passengers seeking ‘a personalised premium experience’
South Korea says secures 273 million barrels of crude via routes outside Strait of Hormuz
SEOUL, April 15 : South Korea has secured 273 million barrels of crude oil from the Middle East and Kazakhstan through the end of the year, with supplies routed outside the Strait of Hormuz, presidential chief of staff Kang Hoon-sik said on Wednesday.Asia's fourth-largest economy has also secur ...
OCBC to train wealth advisers using generative AI
Deon Loke - Training is previously done by supervisors who had to coach up to 10 staff
Artemis II astronauts made most of professional photography training
HOUSTON, April 15 : The two professional photography instructors who trained Artemis II astronauts to take pictures of the moon and Earth during their historic lunar flyby said they were as impressed as the public by the stunning celestial imagery caught on camera.NASA photography and video trainers ...
Iran war cuts Nissan’s Middle East car sales by half, FT reports
April 15 : Nissan's vehicle sales in the Middle East have fallen to about half of pre-war levels due to a direct hit to car demand from the U.S.-Israeli war against Iran, the Financial Times reported on Wednesday.
Booking.com suffers data breach, says customer data possibly exposed
The online travel platform said that customers' financial information was not accessed from its systems.
