BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll
TOKYO, April 16 : The Bank of Japan will raise its benchmark rate to 1.00 per cent by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a hike this month or in June seen as equally likely amid uncertainty over the fallout from the Iran war.Markets are struggli ...
Singapore semicon firms not yet feeling the pinch from Iran energy crisis: industry body
Tessa Oh - But a prolonged crisis could eventually squeeze manufacturing margins
SIA’s dividend capacity will be curtailed if it injects more than expected fund into Air India, says analyst
Tay Peck Gek - The Indian airline racks up a wider-than-expected annual loss of more than 220 billion rupees (S$3 billion) for FY2026
Vietnam rushes biofuel rollout as Iran war prompts energy pivot
The move follows similar drives in Indonesia and Thailand
CGSI reinforces bullish call on UMS Integration with higher target price
Lin Daoyi - Among the stocks to outperform the Straits Times Index (STI) this year is semiconductor equipment manufacturer UMS Integration. Closing at $1.79 on April 15 and accounting for the 1-for-4 bonus share issue, the counter has risen by around 57% since the start of 2026, compared to the STI’s 8% gain. ...
SBS Transit shares rally past S$4 on bumper dividend, stronger cash flow visibility
Derryn Wong - Analysts say the expected total dividend of nearly S$0.50 per share implies a 14.4% yield
Malaysia plans to use tycoon Aminul Islam’s new migrant worker system
Bestinet already operates a software system called the Foreign Workers Centralised Management System, or FWCMS
Tokyo record leads Asia stocks higher as Iran peace hopes grow
Asian equities tracked Wall Street, which also saw all-time peaks.
Beyond manufacturing: Vietnam’s ‘Doi Moi 2.0’ opens up new investment options and challenges
Mindy Tan - Businesses in the country are adopting a ‘move-and-adjust strategy’ amid fluid global developments
HDB awards Keppel centralised cooling system contract for 9 BTO projects in Tengah
Therese Soh - It will design, install and operate residential cooling systems which are more energy-efficient
Keppel wins centralised cooling system contract for 9 BTO Tengah projects
Therese Soh - It will design, install and operate residential cooling systems which are more energy-efficient
China’s factory output rises 5.7% in March, retail sales growth slips to 1.7%
[BEIJING] China’s industrial output rose 5.7 per cent in March from a year earlier, slowing from 6.3 per cent growth in January-February,...
Iran war brings US close to net crude exporter for first time since World War Two
HOUSTON, April 15 : The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyers scrambling to replace Middle East supplies cut by the Iran war.The U.S. and Israel's war ...
Musk's staff reaches out to suppliers for Terafab project, Bloomberg News reports
April 15 : Elon Musk's staff have reached out to chip industry suppliers including Applied Materials, Tokyo Electron and Lam Research for his Terafab AI chip complex project with SpaceX and Tesla, Bloomberg News reported on Wednesday. Reuters could not immediately verify the report.
Japan vows market vigilance in G7 meeting, finance minister says
WASHINGTON, April 15 : Japanese Finance Minister Satsuki Katayama said on Wednesday she told her Group of Seven counterparts that Tokyo was closely watching market moves, including currency rates, given high volatility.Many central banks appeared to favour taking a wait-and-see mode on monetary poli ...
China’s economy rebounds in Q1 but Iran war darkens 2026 outlook
Risks to the world’s second-largest economy have surged since the start of the Iran war
China’s Q1 economic rebound faces rough seas as Iran war jolts global outlook
Risks to the world’s second-largest economy have surged since the start of the Iran war
Kallang Wave Mall to undergo ‘extensive’ AEI from May; 21m-tall climb wall to extend beyond mall’s roof
Jovi Ho - Kallang Wave Mall will undergo an “extensive” asset enhancement initiative (AEI) from May, with completion targeted for 2028, according to manager CapitaLand Investment (CLI). The AEI will introduce new community spaces, refreshed facades, upgraded alfresco dining areas along the Stadium Park Co ...
StarHub to receive $115 mil, book gain after ending Ensign InfoSecurity rights arrangement
Nurdianah Md Nur - StarHub has agreed to terminate a shareholding arrangement with Ensign Technologies, a Temasek Holdings subsidiary, in a deal that will deliver $115 million in cash and generate a fair value gain of more than $200 million on StarHub's books this year. The transaction unwinds an assignment of ri ...
Wealthy Asians chasing returns pour US$25 billion into AI startups
For Asia’s elite, the allure of generational tech gains is outweighing the risks of a potential bubble
Olam shares rise 8% following regulatory approval to divest partial stake of agribusiness unit
Chloe Lim - [SINGAPORE] Shares of Olam Group rose more than 8 per cent on Thursday (Apr 16) morning, after it secured regulatory approval to...
JLL markets 26 freehold units in District 9’s Residences at Emerald Hill
Jovi Ho - JLL is marketing 26 units from the 33-unit Residences at Emerald Hill, a freehold residential development within the Emerald Hill enclave in District 9, valued at a total of $180 million. The guide price of the units ranges from $4.7 million to $13.4 million, translating to approximately $1,900 psf ...
S&P Global downgrades ASX after Australian regulator finds governance, risk failures
It downgraded the long-term issue rating on ASX debt to “A+” from “AA-”
Macro hedge funds hammered in China as Bridgewater loses 5.6%
Markets have recovered in recent days on optimism over further US-Iran talks
DBS Group Research sees 9 Penang Road ‘an obvious pipeline’ for Suntec REIT, but unlikely in the near-term
Teo Zheng Long - DBS Group Research is keeping its “buy” recommendation and a target price of $1.60 for Suntec REIT (SGX: T82U ) , following media reports indicating that 9 Penang Road may potentially be injected into the REIT. In an April 16 note, DBS mentions that the asset currently held by the Tang Organizat ...
Olam gets nod from final jurisdiction to divest 44.58% of Olam Agri to Saudis
Therese Soh - Proposed sale is the first of two tranches in the group’s US$2.6 billion divestment of its remaining stake in the agribusiness unit
Olam clinches regulatory approval from final jurisdiction to divest 44.58% of Olam Agri to Saudis
Therese Soh - The proposed sale is the first of two tranches in the group’s US$2.6 billion divestment of its remaining stake in the agribusiness...
Dollar hangs near six-week lows as investors bet on Iran peace deal
HONG KONG, April 16 : The U.S. dollar held near its lowest level since early March against major currencies on Thursday, as the White House's optimism over a peace deal with Iran buoyed sentiment and encouraged traders to shed safe-haven positions.President Donald Trump said the U.S.-Israeli wa ...
OpenAI CEO Altman seeks dismissal of sister's punitive damages claims in sexual abuse lawsuit
April 15 : Sam Altman is seeking the dismissal of punitive damages claims in his sister's civil lawsuit accusing the OpenAI co-founder and chief executive of repeated sexual abuse more than two decades ago, an accusation he denies.In a Wednesday night filing in St. Louis federal court, Sam Altm ...
Asia markets advance on peace deal hopes, corporate earnings
[SINGAPORE] Stocks pushed higher in early Asia trading on Thursday as optimism grew about a deal to end the Iran war with...
Alpha Integrated REIT’s 1QFY2026 portfolio occupancy improves to 91.4%
Teo Zheng Long - Alpha Integrated REIT (SGX: M1GU ) (AI REIT) has reported a portfolio occupancy rate of 91.4% for 1QFY2026, ended March 31, as compared to 86.4% a year ago. The improvement in portfolio occupancy rate was supported by strong retention and proactive leasing, with momentum carried from FY2025 where it ...
Gold rises as push for US-Iran diplomacy eases inflation risk
The swap market is still betting that the US Federal Reserve will hold rates steady this year
Elliott takes stake in Japan's Daikin, calls for higher returns
TOKYO, April 16 : Elliott Investment Management said on Thursday it has taken a stake in Daikin and thinks the manufacturer of air conditioners should improve margins and shareholder returns and review non-core assets.Elliott did not provide further details on the stake.A person familiar with the ma ...
Elliott takes stake in Japan's Daikin, pushes for portfolio review
TOKYO, April 16 : Elliott Investment Management said on Thursday it has taken a stake in Daikin and thinks the manufacturer of air conditioners should improve margins and shareholder returns and review non-core assets.Elliott's stake is around 3 per cent and it believes Daikin should do more to ...
