Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure
LONDON, March 23 - Oil prices fell by over 13 per cent on Monday after U.S. President Donald Trump said he would order the military to postpone any strikes against Iranian power plants and energy infrastructure.Brent crude futures had fallen around $17, or 15 per cent to a session low of $96 a barre ...
Dollar slides, stocks jump as Trump signals pause on Iran strikes
LONDON, March 23 : The dollar plunged and stocks surged on Monday after U.S. President Donald Trump said he had asked the Department of Defence to postpone "any and all" military strikes against Iranian power plants and energy infrastructure for five days.The dollar had traded higher again ...
Laopu Gold sales, profit beat as gold rally fuels demand
Net income climbs 230% to 4.87 billion yuan, in line with forecast
Economists expect raised inflation forecast, MAS policy tightening in April on war-led cost pressures
Elysia Tan - Barclays is the outlier, expecting a policy move only in July
Exclusive-OpenAI sweetens private equity pitch amid enterprise turf war with Anthropic, sources say
NEW YORK, March 23 : ChatGPT maker OpenAI is offering private-equity firms a sweeter deal than rival Anthropic as both artificial intelligence companies court buyout firms to form joint ventures aimed at raising fresh capital and accelerating adoption of enterprise AI products, according to people f ...
Singapore stocks fall on Monday; STI down 2.2%
Benjamin Cher - Across the broader market, gainers trail losers 144 to 554 after 2.1 billion securities change hands
Asia still at risk of ‘severe’ energy shock as US-Iran tensions persist, warns Aberdeen CIO
Jean Low - The asset manager sees heightened geopolitical risks impacting Asia in coming days
Asia at risk of ‘severe’ energy shock as Iran deadline looms, warns Aberdeen CIO
Jean Low - The asset manager sees heightened geopolitical risks impacting Asia in coming days
Gold dives to four-month low as inflation pressures lift rate hike bets
Gold slid more than 8 per cent on Monday (Mar 23) to hit its lowest level in four months, after logging its biggest weekly loss in about 43 years last week, as an
Unlocking the “treasure chest”: Macquarie initiates coverage of Haw Par
Lin Daoyi - Among the more than 600 companies listed on the Singapore stock exchange, few are as rich in history and heritage as Haw Par Corporation. With roots dating back to the 1870s, the company’s iconic Tiger Balm has withstood the test of time to remain relevant in the current day and age. Initially ava ...
Exclusive-Broadcasters urge EU to tighten rules for Big Tech in smart TV standoff
BRUSSELS, March 23 : Google, Amazon, Apple and Samsung's smart TVs and virtual assistants should fall under the EU’s toughest tech rules because of their growing market power, the world's largest broadcasters told EU antitrust chief Teresa Ribera on Monday.The call by the Association of ...
Exclusive-EU digital rules should apply to Big Tech's smart TVs, broadcasters tell antitrust chief
BRUSSELS, March 23 : Google, Amazon, Apple and Samsung's smart TVs and virtual assistants should fall under the EU’s toughest tech rules because of their growing market power, the world's largest broadcasters told EU antitrust chief Teresa Ribera on Monday.The call by the Association of ...
Hedge funds bet against US stocks and turn to Europe, Goldman Sachs says
Singtel says network ‘operating as expected’ after latest Internet service disruption
Shikhar Gupta - This follows three consecutive days of issues last week
Singtel investigating after users report Internet disruption again
Shikhar Gupta - This follows three consecutive days of issues last week
Singtel says Internet services restored after latest disruption
Shikhar Gupta - This follows three consecutive days of issues last week
Japan parliament approves Takaichi's dovish nominees to fill BOJ board
TOKYO, March 23 : Japan's upper house of parliament approved on Monday Prime Minister Sanae Takaichi's choice of two like-minded monetary doves to join the central bank board, a move that could influence its decision on the timing and pace of further interest rate hikes.The approval follow ...
Berkshire Hathaway to invest 287.4 billion yen in Tokio Marine
The two companies will collaborate on reinsurance and global investments including mergers and acquisitions
S-E Asia’s private equity dry powder remains high as exits still subdued: Deloitte
Benjamin Cher - 20 of such deals registered in 2025, a drop from 28 the previous year
Italy fines review platform Trustpilot $4.6 million for misleading consumers; shares slip
March 23 : Italy's competition regulator has fined online review platform Trustpilot and its units 4 million euros ($4.6 million) for failing to adequately verify the authenticity of reviews and for misleading consumers about how their services work.Shares fell 2.5 per cent in early trade.The f ...
UK's Trustpilot fined $4.6 million by Italian regulator for misleading consumers
March 23 : Italy's competition regulator on Monday slapped a fine of 4 million euros ($4.6 million) on online review platform Trustpilot and its units for failing to adequately verify the authenticity of reviews and for misleading consumers about how their services work.The platform's revi ...
Insurer AIA shares dip on Asian economic worries, funding cost concerns
Grab buys foodpanda’s Taiwan business for US$600 million
Benjamin Cher - This deal marks Grab’s entrance into its first market outside of South-east Asia
Grab to buy foodpanda’s Taiwan business for US$600 million
Benjamin Cher - The deal marks Grab’s entry into its first market outside South-east Asia
Berkshire Hathaway takes $1.8 billion stake in Japan's Tokio Marine, forms partnership
TOKYO, March 23 : Berkshire Hathaway, the conglomerate built by Warren Buffett, is buying a 2.49 per cent stake in Japanese insurer Tokio Marine Holdings for about $1.8 billion as part of a new strategic partnership, deepening its financial commitment to Japan.Tokio Marine said on Monday it will sel ...
Tokio Marine to form partnership with Berkshire Hathaway, initially sell 2.49% stake
TOKYO, March 23 : Tokio Marine Holdings Inc said on Monday it would form a strategic partnership with Warren Buffett's Berkshire Hathaway by initially selling a 2.49 per cent stake through a third-party allotment of treasury shares.Berkshire Hathaway in 2019 kicked off a number of investments i ...
Tokio Marine to form strategic partnership with Berkshire Hathaway, initially sell 2.49% stake
TOKYO, March 23 : Tokio Marine Holdings Inc said on Monday it would form a strategic partnership with Warren Buffett's Berkshire Hathaway by initially selling a 2.49 per cent stake through a third-party allotment of treasury shares.The insurer said it would use the proceeds of up to 287.4 billi ...
South Korean shares tumble, won hits 17-year low on Mideast conflict
SEOUL, March 23 : South Korean shares dropped more than 6 per cent on Monday to close at their lowest level in two weeks, while the won weakened to a 17-year low, as heightened Middle East tensions dampened appetite for riskier assets.U.S. President Donald Trump and Iran threatened to escalate their ...
Delivery Hero sells Taiwan food delivery business for $600 million
March 23 : Delivery Hero has agreed to sell its food delivery business in Taiwan to Grab Holdings for $600 million, the German online takeaway food company said on Monday.Delivery Hero will use the proceeds from the deal to repay its debt, it said in a statement.The company has been under pressure f ...
Grab to buy Delivery Hero's Foodpanda Taiwan business for US$600 million
The deal is expected to close in the second half of 2026.
Singapore’s QuikBot, EFGH build insurance into physical AI infrastructure to tackle autonomous risk
Nurdianah Md Nur - QuikBot Technologies and Embedded Financial Group Holdings (EFGH) are integrating insurance directly into the infrastructure that governs autonomous machines. The move comes as companies confront growing questions around liability and safety in real-world AI deployments. In a joint press release, th ...
Toyota tender offer for Toyota Industries closes, results due Tuesday
TOKYO, March 23 : Toyota's tender offer to take supplier Toyota Industries private at a price of 20,600 yen per share was set to close on Monday, with the results expected at or after 3:30 p.m. (0630 GMT) on Tuesday.Earlier this month, Toyota bumped its offer price for the forklift maker from 1 ...
Russian space craft antenna problem forces manual docking with ISS
MOSCOW, March 23 : An unmanned Russian cargo spacecraft has a problem with an antenna so it will have to be manually docked when it reaches the International Space Station (ISS), Russia's Roscosmos state space corporation said in a statement.A Soyuz-2.1a rocket launched the Progress MS-33 cargo ...
Ping An investment arm questions US allocation
HONG KONG, March 23 : Insurer Ping An's international arm is questioning further U.S. investments, its CEO said, citing the country's unreliability. "The key question for me to consider is ... how much and whether you continue to deploy capital into the U.S. because ... the U.S. is be ...
