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 ...
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
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
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. ...
Artemis astronaut describes charring on heat shield during crew's fiery return to Earth
COLORADO SPRINGS, Colorado, April 16 : The astronauts who flew around the moon and back in NASA's landmark Artemis II mission said their re-entry into Earth's atmosphere was smooth, but the mission's commander described some charring on the Orion capsule's critical heat shield.Th ...
Oil prices rise on doubts US-Iran peace talks will ease Hormuz disruption
Oil markets also did not react to Trump’s announcement of a 10-day ceasefire between Israel and Lebanon
European shares muted with Middle East developments, corporate results in focus
EUROPEAN shares were little changed on Thursday as markets weighed progress toward a potential resolution to the Middle East conflict, while investors assessed...
NiSource signs long-term power deal with Alphabet, expands Amazon agreement
April 16 : U.S. utility NiSource said on Thursday it had signed a long-term energy supply agreement with a unit of Alphabet to support a large data center in northern Indiana.The company also said it had expanded an agreement with Amazon to speed up power delivery to its sites and bring forward bill ...
US stocks: S&P 500, Nasdaq edge up to new records with Middle East hopes in focus
Nasdaq’s gain represented its 12th consecutive advance, its longest winning streak since July 2009
Trading Day: Nasdaq notches 12-day winning streak as Middle East peace talks progress
April 16 - Wall Street moved higher on Thursday, as traders assessed ongoing Middle East peace negotiations and parsed a mixed bag of corporate earnings.With these modest gains, the S&P 500 and the Nasdaq both notched their second consecutive all-time closing highs, while the Nasdaq clinched its ...
Bangladesh needs to replenish capital in banks and private sector, finance minister says
April 16 : Bangladesh Finance Minister Amir Khosru said on Thursday his country needs to erase a capital deficit in its banks and private sector for any reforms to take hold."The first thing to be approached is to replenish the capital deficit that is there in the private sector, replenish the ...
Netflix co-founder Hastings to exit as company mulls its next move; shares fall
LOS ANGELES, April 16 : Netflix Chairman Reed Hastings is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72 billion deal for Warner Bros Discovery. In a letter to investors released on Thursday, Netflix said Hastings will not stand for ...