Japan watchdog checks banks' private credit exposure amid global strains, source says
TOKYO, April 9 : Japan's financial regulator has been conducting checks on private credit exposure at major financial institutions, a source told Reuters on Thursday, as concerns mount over strains in the $2 trillion global private credit industry.The Financial Services Agency (FSA) is examinin ...
Oil prices jump back up near US$100 a barrel on scepticism over fragile US-Iran ceasefire
There was scant sign that the Strait of Hormuz was open in any meaningful way, with Iran flexing its control over the vital oil artery and demanding tolls for safe passage.
US stocks extend gains, shrugging off ceasefire worries
There was little sign the Strait of Hormuz had reopened in any meaningful way, with traffic remaining extremely limited despite the ceasefire.
India's TCS tops estimates, says new AI models did not dent services demand
BENGALURU, April 9 : Tata Consultancy Services reported better-than-expected quarterly results on Thursday and said that new artificial intelligence models and tools in the market did not hurt demand for its offerings.The comments from India's top software-services exporter offered some relief ...
India's TCS beats fourth quarter view as North America holds up
BENGALURU, April 9 : India's top software services exporter Tata Consultancy Services beat profit and revenue estimates for the fourth quarter on Thursday, helped by strength in its North American market and a falling domestic currency.Sales for the quarter rose 9.7 per cent to 706.98 billion r ...
Reviving heritage buildings with digital technologies
Priya Devan / The Edge Malaysia - Upon exiting the Westminster Underground Station in London, one is greeted by the majestic sight of Big Ben set against the backdrop of the Palace of Westminster. This writer stood transfixed for several minutes, wondering how centuries-old buildings could appear aged, yet so fresh. Behind the rejuv ...
Robust trading across asset classes sends SGX securities turnover value up 78% on year in March
Chong Xin Wei - SGX says the growth in securities and derivative volumes comes from strong investor demand for risk management and investment tools from a...
Nvidia shares near level where technical traders see a breakout
Shares of the chip giant are up more than 10% in the past six sessions, their longest winning streak since October
Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal
April 9 : CoreWeave has signed a fresh $21 billion deal to provide cloud computing capacity to Meta Platforms, deepening their partnership as the social media giant expands infrastructure to support rapidly increasing artificial intelligence workloads.The latest deal, which extends through December ...
CoreWeave signs $21 billion AI cloud deal with Meta
April 9 : CoreWeave said on Thursday it has entered into an expanded agreement to provide Meta Platforms with $21 billion in cloud capacity, as the social media giant scales its infrastructure to support increasingly complex AI workloads.Shares of CoreWeave rose nearly 8 per cent in premarket tradin ...
BlackBerry forecasts upbeat quarterly revenue, says turnaround complete
April 9 : BlackBerry on Thursday forecast first-quarter revenue above estimates, as the Canadian software company's turnaround gains traction on the back of strong demand across its cybersecurity and embedded software divisions.The company, once a dominant force in smartphones, has over recent ...
Uniqlo’s owner boosts profit outlook as overseas sales expand
It now sees operating income of 700 billion yen (S$5.61 billion), compared with its previous guidance of 650 billion yen
Oceanus Group inks MOU with HashKey Group to use regulated stablecoin settlement infrastructure in trade finance
The Edge Singapore - Oceanus Group has signed an MOU with HashKey Group to use regulated stablecoin settlement infrastructure in trade finance. The partnership will tap on Oceanus's trade finance platform, with HashKey's regulated settlement rails, creating a first of its kind "operating system" for ...
Fair winds and favourable seas buoy Seatrium
Goola Warden - As countries accelerate their pivot to renewable energy sources amid rising oil prices, Seatrium looks set to become a key player Seatrium could turn out to be a major beneficiary of the Iran War and its aftermath, as major economies in Europe, China and the US accelerate their pivot to renewables. ...
Wind power and converter platforms
Goola Warden - On March 30, Siemens announced it was awarded a GBP3 billion ($5.09 billion) contract by National Grid and Iberdrola for Eastern Green Link 4 (EGL4) converter stations. EGL4, along with EGL3, is a high-voltage electricity link between Scotland and England that would integrate more offshore wind ener ...
Singapore stocks fall on Thursday, tracking regional decline; STI down 0.4%
Renald Yeo - Losses are led by the local banks, which all finished in the red
Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter
April 9 : Amazon's AI services at its cloud-computing unit are generating annualized revenue of more than $15 billion, CEO Andy Jassy said, the first time the company has reported numbers on a business it has backed with billions of dollars in investment.The figure, based on first-quarter perfo ...
Amazon cloud unit's annualized AI revenue exceeds $15 billion, CEO Jassy says
April 9 : Amazon's AI services at its cloud-computing unit are generating annualized revenue of more than $15 billion, CEO Andy Jassy said, the first time the company has reported numbers on a business it has backed with billions of dollars in investment.The figure, based on first-quarter perfo ...
Amazon cloud unit's AI revenue run rate exceeds $15 billion, CEO says
April 9 : Amazon.com said on Thursday its cloud business's AI revenue run rate was more than $15 billion in the first quarter of 2026, the company's first disclosure of direct financial returns from its artificial intelligence efforts. The numbers are also "ascending rapidly", Am ...
Work+Store to expand as demand for space grows and evolves
Samantha Chiew - Post-Coliwoo listing, LHN Group is in a stronger position to allocate resources across its portfolio, including initiatives for its self-storage subsidiary Work+Store Space in Singapore is a rare commodity, whether in the residential or industrial sector. This scarcity has long driven demand for sto ...
Pentagon's ouster of Anthropic opens doors for small AI rivals
WASHINGTON, April 9 : Small defense industry artificial intelligence startups are suddenly fielding calls from generals, combatant commanders and deep-pocketed investors, after the souring relationship between the Pentagon and its once-favored AI vendor, Anthropic, reinforced the need to diversify a ...
SGX's daily average turnover value for shares in March hit highest level since Oct 2007
The Edge Singapore - SGX's securities market turnover for March jumped 78% y-o-y $52.8 billion, with securities daily average value (SDAV) up 62% y-o-y at $2.4 billion, or the highest since October 2007, thanks to both institutional and retail participation. For context, back when the market was in a slumber before ...
Work+Store faces off with big boys in self-storage and wine storage
Jovi Ho - LHN Group’s self-storage subsidiary Work+Store — the focus of City & Country’s cover story this week — is muscling into a competitive market in Singapore backed by investors with deep pockets. Even with seven facilities islandwide, totalling some 295,000 sq ft of net lettable area, Work+ ...
Oil rout gives Asian currencies some breathing room – if Middle East ceasefire holds
Renald Yeo - But lower prices alone may not be enough to drive a sustained recovery, analysts say
CBD Grade-A office rents rise for fifth straight quarter in 1Q2026
Jovi Ho - Rents for the most highly-sought-after core CBD Grade-A office spaces in Singapore rose for the fifth consecutive quarter in 1Q2026, a result of firm occupier demand and tightening supply of large, contiguous floor plates. Data from Knight Frank, JLL, Colliers and CBRE place the average monthly rent ...
China’s car exports accelerate despite disruption from Middle East crisis
Dealers remain under pressure from bloated inventories, with unsold vehicle stocks rising in March
AI ‘redistributing demand’ for offices, business parks in S’pore, China and India: CapitaLand Investment
Jovi Ho - Artificial intelligence (AI) is redistributing jobs, not eliminating them, says CapitaLand Investment (CLI). This is set to change how tenants occupy offices and business parks in Singapore, India and China — assets that are found in the portfolios of CLI’s stable of Singapore-listed REITs, part ...
TPG taps Maybank, UBS to explore Asia OneHealthcare sale or IPO: sources
TPG may decide to keep the Kuala Lumpur-based medical services provider
Banks keep Australia shares at five-week high, US-Iran truce concerns linger
[SYDNEY] Australian shares edged higher on Thursday (Apr 9) to finish at a five-week peak, led by financials, as caution persisted over...
Hanwha Aerospace drops plan to acquire Poongsan's defence unit
SEOUL, April 9 : South Korea's Hanwha Aerospace said in a regulatory filing on Thursday it has discontinued a review of whether to acquire Poongsan's defence business unit.Hanwha, which has emerged as South Korea's leading defence firm, was reported to have been considering the acquis ...
Digital Realty to invest nearly $7 bil in Singapore to support Apac’s AI inference growth
Nurdianah Md Nur - Cloud- and carrier-neutral data centre platform Digital Realty is targeting nearly $7 billion in total investment in Singapore to support the city-state as a hub for artificial intelligence (AI) inference in Asia Pacific. More than $4.3 billion will be allocated to new data centre development, build ...
China considers financial aid for airlines hit by oil shock: sources
Subsidies, tax breaks, mergers, and state-backed low-interest loans are options being explored
Seven & i delays listing of North America business
ESR clinches US$850 million in equity for logistics real estate, data centre growth
Therese Soh - This comes amid the company’s long-term strategic transformation into a more focused business
