Stocks rebound as Iran peace talks in focus; Warsh hearing looms
TOKYO, April 21 : Stocks rebounded in early trading in Asia on Tuesday as markets took heart from reports Iran is considering attending peace talks with the United States in Pakistan, with renewed bets on AI underpinning demand.Investors were also keeping their eyes on a Senate confirmation hearing ...
Asian stocks rebound as Iran peace talks in focus
TOKYO: Stocks rebounded in early trading in Asia on Tuesday (Apr 21) as markets took heart from reports Iran is considering attending peace talks with the United States in Pakistan, with renewed bets on AI
Most currencies steady as markets focus on US-Iran talks, NZ dollar gains
(Updates first bullet point to focus on status of talks)By Jiaxing LiHONG KONG, April 21 : Most currencies were largely steady on Tuesday, with investors waiting to see whether there will be a U.S.-Iran deal to reopen Gulf shipping, while a sticky inflation reading lifted the New Zealand dollar.
Dollar subdued as markets eye ceasefire talks; yen pressured by BOJ delay
HONG KONG, April 21 : The dollar and yen were under pressure on Tuesday, with investors poised to buy riskier currencies and hoping for a U.S.-Iran deal to reopen Gulf shipping, while a sticky inflation reading lifted the New Zealand dollar. With the ceasefire set to expire this week, the fate of Ir ...
Bank of Korea’s new chief signals flexible policy amid oil risks
Shin Hyun-song also highlights a longer-term need to reassess the role of the central bank
Monetary policy has to be cautious and flexible: Bank of Korea’s new chief
[SEOUL] South Korea’s newly-appointed central bank governor said on Tuesday (Apr 21) that monetary policy needed to be cautious and flexible amid...
Bank of Korea’s new chief says monetary policy has to be cautious and flexible
[SEOUL] South Korea’s newly-appointed central bank governor said on Tuesday monetary policy needed to be cautious and flexible amid heightened inflation and...
Jeff Bezos' AI lab nears $38 billion valuation in funding deal, FT reports
April 20 : Jeff Bezos' artificial intelligence lab is close to a $10 billion fundraising deal, which will value the new startup called Project Prometheus at $38 billion, the Financial Times reported on Monday, citing sources.Reuters could not immediately verify the report.
Bank of Korea's new chief vows cautious, flexible policy amid Iran risks
SEOUL, April 21 : South Korea's newly appointed central bank governor, Shin Hyun-song, said on Tuesday the country's monetary policy needed to be cautious and flexible amid heightened inflation and growth uncertainty due to the Middle East conflict. "As uncertainty has increased over ...
Bank of Korea's new chief says monetary policy has to be cautious and flexible
SEOUL, April 21 : South Korea's newly-appointed central bank governor said on Tuesday monetary policy needed to be cautious and flexible amid heightened inflation and growth uncertainty due to the Middle East conflict. "As uncertainty has increased over inflation and growth paths due to th ...
Who is John Ternus, the 50-year-old Apple hardware chief who has just been named CEO?
The leadership change marks the end of an era at one of the world’s most iconic companies
Gold steadies as traders weigh next round of US-Iran peace talks
Now in its eighth week, the war in the Middle East has triggered an unprecedented energy-supply shock
Stocks to watch: Keppel Reit, Seatrium, FCT, CAO, Aspial Lifestyle, CICT
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 21):
Stocks to watch: Keppel Reit, Seatrium, FCT, China Aviation Oil, Aspial Lifestyle
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 21):
South Korea economy likely returned to growth in Q1 - Reuters poll
BENGALURU, April 21 : South Korea's economy likely returned to growth last quarter due to strong semiconductor exports and steady domestic demand, a Reuters poll of economists showed, although some warned the Middle East war could begin weighing on activity.Asia's fourth-largest economy wa ...
Hyundai accelerates US output to lighten profit hit from tariffs
The CEO has been pushing the premium Genesis brand, hybrids and sport utility vehicles to capture higher-margin sales
Sweden's EQT raises $15.6 billion for largest Asian private equity fund
April 21 : Swedish private equity firm EQT AB said on Tuesday that it has raised $15.6 billion in total commitments for its Asia-focused buyout fund, creating Asia Pacific's largest private equity fund.The fundraising reflects strong investor interest in Asia despite market volatility linked to ...
Sweden's EQT raises $15.6 billion for Asia's largest private equity fund
April 21 : Swedish firm EQT AB said on Tuesday that it has raised $15.6 billion in total commitments for its Asia-focused buyout fund, creating Asia Pacific's largest private equity fund.
Keppel Reit Q1 distributable income rises 19.7% to S$57.9 million
Deon Loke - Net property income up 9.7% year on year at S$59.9 million for the quarter
Google eyes new chips to speed up AI results, challenging Nvidia
The Alphabet-owned company has previously touted inference capabilities for its chips
Amazon to invest an additional US$5 billion in Anthropic
The AI company makes the Claude chatbot and coding tool
Keppel REIT’s NPI rises 9.7% y-o-y in 1QFY2026
Jovi Ho - Keppel REIT’s net property income (NPI) rose 9.7% y-o-y in 1QFY2026 ended March 31 “mainly to contributions from Top Ryde City Shopping Centre and increased occupancy at Ocean Financial Centre”. Share of results of joint ventures increased by 37.6% y-o-y due mainly to contribution from the add ...
JetBlue CEO rules out bankruptcy this year despite surging fuel costs amid Iran war
It recently secured a US$500 million debt financing commitment backed by up to 22 aircraft
Asia’s clean power boom drives largest fall in 100 years in fossil fuel power generation
Sharanya Pillai - Renewables also overtake coal in the global power mix for the first time in over a century
Asia’s clean energy boom pushes fossil fuel power generation to sharpest fall in a century
Sharanya Pillai - Renewables have also overtaken coal in the global mix for the first time in more than 100 years
DBS deploys AI-driven ‘Alpha’ squads to blend legal, compliance, risk roles
Renald Yeo - Against a backdrop of global bank layoffs, the lender is focusing on reskilling and multidisciplinary teams
Singapore banks rival Wall Street titans in long-term shareholder returns
Renald Yeo - DBS, OCBC and UOB have beaten global benchmarks and some of the biggest US lenders over the past 20 years
Snap names Doug Hott as new CFO
April 20 : Snapchat-parent Snap on Monday named Doug Hott as its new CFO, replacing Derek Andersen. • Hott, 53, has served as the company's vice president of finance, strategy, and corporate development.• Andersen, who has been in the role for seven years, is expected to leave on May 8.•
MSCI to keep curbs on Indonesian stocks as it reviews market transparency reforms
It will continue to freeze increases to foreign inclusion factors and the number of shares for Indonesian securities
Oxley boss behind billion-dollar lawsuit in Australia: Who is ‘shoebox king’ Ching Chiat Kwong?
The Singapore real estate boss is involved in a lawsuit linked to NewSat
Tesla settles wrongful death lawsuit over crash that killed Florida teenager
[WASHINGTON] Billionaire entrepreneur Elon Musk’s Tesla has settled a wrongful death lawsuit in Florida stemming from a 2018 high-speed crash that killed...
US crude futures fall as investors reassess US-Iran risks ahead of ceasefire deadline
April 21 : U.S. crude futures fell nearly 2 per cent in early Asian trade on Tuesday as investors reassessed supply risk, with uncertainty over U.S.–Iran peace talks persisting ahead of a key ceasefire deadline.U.S. West Texas Intermediate was at $88.05 a barrel, down $1.56, or 1.74 per cent by 22 ...
Oil falls on expectations US-Iran talks likely to proceed, opening supply
April 21 : Oil prices fell on Tuesday, reversing gains in the previous session, on expectations peace talks between the U.S. and Iran will take place this week and allow more supply to flow from the key Middle East producing region. Brent futures declined 95 cents, or 1 per cent, at $94.53, as of 00 ...
Apple names John Ternus as next CEO; Tim Cook to become chairman
The company has struggled to catch up in artificial intelligence, technology that promises to transform the way consumers use devices