EQDP fund manager AR Capital’s new AR Majulah SG Fund is on the hunt for growth
Kwan Wei Kevin Tan and Samantha Chiew - Barely a year after the Monetary Authority of Singapore (MAS) appointed its first batch of fund managers under the Equity Market Development Programme (EQDP), the market is already seeing significant benefits. On Feb 12, the blue-chip heavy Straits Times Index (STI) passed the 5,000 mark for the fir ...
Tesla seeks Taiwan chip engineers for Terafab project
TAIPEI, April 17 : Tesla is seeking semiconductor engineers in Taiwan for its Terafab artificial intelligence chip complex, according to job postings on its website.Taiwan is home to the world’s largest contract chipmaker, TSMC, and has a highly specialised workforce with experience in leading-edg ...
Honda to shut two plants in China jointly owned with GAC, Dongfeng, magazine says
[TOKYO] Honda Motor will shut two internal combustion engine car plants in China and slash annual production capacity in the country to...
OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake, The Information reports
April 16 : OpenAI has agreed to pay chip startup Cerebras more than $20 billion to use servers powered by the firm's chips over the next three years, for which it can receive an equity stake in the company, The Information reported on Thursday, citing sources.Reuters could not immediately verif ...
OpenAI to spend more than $20 billion on Cerebras chips, receive stake, The Information reports
April 16 : OpenAI has agreed to pay chip startup Cerebras more than $20 billion over the next three years to use servers powered by the company's chips, under a deal that could also give the ChatGPT maker an equity stake in the firm, The Information reported on Thursday, citing sources.The deve ...
‘Lawn mowing’ doctrine adds to fog of war; pick stocks with exposed to ‘build, build, build’ theme: PhillipCapital
The Edge Singapore - Conflict in the Middle East has potentially set off long-term impacts on economies and markets. While Singapore’s equities have stayed resilient, investors ought to be mindful of downside risks. Nonetheless, there remain specific companies plugged into ongoing capex spending and rebuilding themes ...
Gold heads for fourth weekly gain on optimism for US-Iran truce
Disruption to energy supplies is also likely to last beyond the war
Q&M’s acquisition spree inspires higher target prices, but execution is key
Teo Zheng Long - Q&M Dental Group (SGX: QC7 ) , making no bones about its growth ambitions, has managed to attract some market interest. With its war chest recently replenished by a bond issue, the company has launched concurrent acquisitions of other dental groups in Thailand, Singapore, Australia and China via ...
BOJ must take into account Japan’s low real rates in setting policy, governor Ueda says
Uncertainty stemming from the Middle East conflict remain high
Oil falls on prospects for talks to end Iran war and revive supply
PERTH, April 17 : Oil prices fell in early trade on Friday on optimism the Middle East conflict could be nearing an end after a 10-day ceasefire between Lebanon and Israel took effect and President Donald Trump said the U.S. and Iran may meet for talks on the weekend.Brent crude futures declined by ...
Oil falls on prospects for talks to end Iran war
PERTH, April 17 : Oil prices fell in early trade on Friday on optimism the Middle East conflict could be nearing an end after a 10-day ceasefire between Lebanon and Israel took effect and President Donald Trump said the U.S. and Iran may meet for talks on the weekend.Brent crude futures declined by ...
Sony to get up to $380 million image sensor factory Japan subsidy
TOKYO, April 17 : The Japanese government will provide subsidies of up to 60 billion yen ($380 million) to Sony for an image sensor plant in the western Japanese prefecture of Kumamoto, industry minister Ryosei Akazawa said on Friday. Image sensors will be "indispensable for autonomous driving ...
The art of finance: What lines the halls of Singapore’s banking giants?
Deon Loke - Art adorns the halls of Singapore banks to inspire their clients and employees and sometimes, to depict the bank’s own story
Broker's Digest: Infinity Development, Parkway Life REIT, Sheng Siong Group, Singtel, Delfi, Sembcorp Industries
The Edge Singapore - Infinity Development HoldingsPrice target: KGI Securities ‘outperform’ 62 cents
Cocoa demand recovery bumpy as Europe grinds drop to 17-year low
The most-active New York cocoa contract has slumped more than 70% from a record high in 2024
Singapore’s key exports up 15.3% in March from AI-related electronics surge
Paige Lim - The impact of the Gulf war has been limited so far, economists say
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
Paige Lim - In contrast, non-electronics shipments decline
Stocks to watch: FLCT, Yangzijiang Maritime, MoneyMax, Keppel Pacific Oak US Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 17):
Australia secures fertiliser from Indonesia to meet crop needs
About 60% of the nation’s supplies of urea normally travel through the now largely shut Strait of Hormuz
KORE reports 1QFY2026 distributable income of US$10 mil, up 4.3% y-o-y
Felicia Tan - KORE US REIT, previously Keppel Pacific Oak US REIT, has reported distributable income of US$10 million ($12.7 million) for the 1QFY2026 ended March 31, up 4.3% y-o-y. During the quarter, gross revenue increased by 5.1% y-o-y to US$38.7 million, while net property income (NPI) grew by 13.6% y-o-y to ...
Netflix co-founder Hastings exits as streaming pioneer hunts for growth
[LOS ANGELES] Netflix Chairman Reed Hastings is quitting the streaming service he co-founded 29 years ago.
BOJ must take into account Japan's low real rates in setting policy, governor Ueda says
WASHINGTON, April 16 : Bank of Japan Governor Kazuo Ueda said on Thursday the central bank must take into account the fact that Japan's real interest rate is low, when deciding how soon to raise interest rates.Japan is facing rising inflation from a "negative supply shock," which is m ...
BOJ chief avoids hints of April rate hike, shattering hawkish market bets
WASHINGTON, April 16 : Bank of Japan Governor Kazuo Ueda steered clear of signalling a rate hike was on the cards this month, instead highlighting the country's low real interest rates and robust corporate profits, heightening the chance it will hold fire at least until June.Japan is facing ris ...
Kore US Reit Q1 distributable income rises 4.3% on higher adjusted NPI
Therese Soh - The improvement is mainly due to higher one-off other operating income and cash rental income
Keppel Pacific Oak US Reit Q1 distributable income rises 4.3% on higher adjusted NPI
Therese Soh - The improvement is mainly due to higher one-off other operating income and cash rental income
European airlines face fuel shortages within weeks
Europe is by far the biggest consumer of jet fuel shipped through the Strait of Hormuz
Asia relying on US crude to replace Middle East supply
The war in Iran and near closing of the Strait of Hormuz has choked off crude flows to Asia
Singapore’s affluent seek second homes in Thailand
Felix Desjardins - Singapore remains Southeast Asia’s undisputed financial centre. Yet for a growing number of its high-net-worth residents, Phuket and Koh Samui have emerged as popular destinations for their next luxury home. List Sotheby’s International Realty Thailand reports a visible increase in Singapore-bas ...
Ample crude supply buffers US cargoes from price shock as Europe, Asia prices surge
Sharon Lee - The US imported 295,000 barrels per day of Venezuelan crude in the first quarter, up 14 per cent on the year
G7 finance chiefs say it is urgent to limit Middle East war’s cost to global economy
[WASHINGTON] Finance chiefs of the Group of Seven nations on Thursday said it was urgent to limit the cost to the global...
iEdge Next 50 Liquidity Weighted Index outperforms STI on tech strength
Deon Loke - The liquidity-weighted index recorded a 9.7 per cent year-to-date total return
ECB policymakers play down April rate hike chances
[WASHINGTON] European Central Bank policymakers played down the chance of a rate hike as soon as this month, arguing that more data...
Ample supply buffers US cargoes from price shock as Europe, Asia prices surge
HOUSTON/LONDON, April 16 : U.S. crude cargo prices have retreated from recent price spikes while prices in Europe and Asia continued to hit record highs almost seven weeks into the Iran war, as releases from the U.S. Strategic Petroleum Reserve and Venezuelan imports cushion domestic supplies, analy ...
Ample supply buffers US oil cargoes from price shock as Europe, Asia prices surge
(Refiles to add 'oil' to headline)By Georgina McCartney and Robert HarveyHOUSTON/LONDON, April 16 : U.S. crude cargo prices have retreated from recent price spikes while prices in Europe and Asia continued to hit record highs almost seven weeks into the Iran war, as releases from the U.S. ...
