iX Biopharma’s Lee and wife Tang sell 13 mil shares on two different occasions
Teo Zheng Long - Eddy Lee Yip Hang, executive chairman of iX Biopharma (SGX: 42C ) , and his wife, Jane Tang Choy Leng, sold 13 million shares in the company on April 10 and April 13. On April 10, Lee sold 10 million shares via married deal for a total consideration of $2.6 million. This translates to an average pri ...
Italy's curbs on Chinese investor allow Pirelli full access to US market, minister says
MILAN, April 15 : Curbs set by Italy's government to limit Chinese shareholder influence over Pirelli will allow the tyre maker to compete in the U.S. market, industry minister Adolfo Urso was quoted as saying on Wednesday by news agency ANSA.Among terms set last week by Rome under golden power ...
Yangzijiang spins off new unit to operate vessel delivery and repair in Nantong
Tessa Oh - The new subsidiary has a registered capital of US$100 million, funded through the group’s internal resources
Bank of America profit rises as trading shines
Sales and trading revenue rose 13% to US$6.4 billion in the first quarter
Robots, drones could slash global food delivery costs to $1 per order, Barclays says
April 15 : Autonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions of dollars in profits for the global food delivery industry, Barclays said on Wednesday. Global platforms such as DoorDash are partnering with autono ...
Indonesia’s eFishery founder faces 10 years in jail
The trial marks a spectacular fall for the former crown jewel of Indonesia’s agritech sector
Aspial Lifestyle reports 1QFY2026 profit before tax of $40 mil, up 140% y-o-y; intends to explore fund-raising options
Teo Zheng Long - Aspial Lifestyle (SGX: 5UF ) has reported a 140% y-o-y increase in profit before tax to $40 million for 1QFY2026, ended 31 March. Revenue saw a growth of 48% y-o-y to $247 million, driven by sustained strong demand for the products and services offered across its portfolio of brands. The company add ...
Leidos, Analogic to form security tech joint venture
April 15 : Defense contractor Leidos Holdings will spin off its security and industrial automation businesses and combine them with security imaging and detection company Analogic Corporation to form a new joint venture, the companies said on Wednesday.Analogic, owned by investment firm Altaris, dev ...
Unitree launches cheapest humanoid robot on AliExpress to rival Tesla
The robotics specialist eyes 4.2 billion yuan IPO as it taps Alibaba to boost global humanoid robot sales
Singapore stocks rise amid mixed regional showing; STI up 0.3%
Benicia Tan - Across the broader market, gainers outnumber losers 372 to 235 after 2.2 billion securities change hands
SIA Group flies record 42.4 million passengers in FY2026; March traffic up 14.7%
Deon Loke - The annual passenger total is a 7.7% increase from the previous record of 39.4 million
SIA Group flies record 42.4 million passengers in FY2025/26; March traffic up 14.7%
Deon Loke - The annual passenger total is a 7.7% increase from the previous record of 39.4 million
Geo Energy Resources raises $18.4 mil from investors including Centurion's Han, Asdew
The Edge Singapore - Geo Energy Resources has raised gross proceeds of $18.4 million by placing out new shares to a group of investors. Based on today's closing price of 61.5 cents, which lifts the company's market cap above $1 billion, these investors are already in the money as they subscribed for the new sh ...
Sanli Environmental secures $14 million in new contracts, prioritising timely execution of record order book
Lin Daoyi - In a bourse filing on April 15, environmental engineering solutions and services provider Sanli Environmental updated that it has won $14 million worth of new contracts in 1Q2026, with $13.7 million from a major customer for maintenance-related services over a three-year period. “We believe that t ...
Snap to lay off about 1,000 employees after activist investor pressure
April 15 : Snap said on Wednesday it would lay off about 1,000 employees, including 16 per cent of its full-time staff, weeks after activist investor Irenic Capital Management pushed the Snapchat parent to optimize its portfolio and improve performance.The company would also close more than 300 open ...
Snap to lay off about 16% of staff
April 15 : Snap said on Wednesday it would lay off around 16 per cent of its workforce, weeks after activist investor Irenic Capital Management pushed the Snapchat parent to optimize its portfolio and improve performance.Smaller social media platforms like Snap and Pinterest are more at risk of budg ...
Suntec Reit eyes injection of 9 Penang Road from sponsor into portfolio
Chong Xin Wei - New sponsor Tang Organization had said it will undertake a review to strengthen Reit’s portfolio performance, enhance capital efficiency
Analysis:Dollar sheds bulk of Iran war premium, but few expect a sharper drop
NEW YORK, April 15 : The U.S. dollar has given back most of the gains sparked by the Iran war, as a tentative ceasefire revived appetite for riskier currencies, but investors said robust demand for U.S. assets and waning prospects for U.S. interest-rate cuts should buttress it against sharper declin ...
US Senator Warren voices concern over Nvidia's acquisition of Slurm
SAN FRANCISCO, April 15 : U.S. Democratic Senator Elizabeth Warren sent a letter to the U.S. secretaries of the Department of Energy and Department of Defense on Tuesday, questioning them about Nvidia's acquisition of SchedMD, which makes Slurm software.Warren's letter to Energy Department ...
Never mind the ozone layer, mind your dividends
Jude Chan - If a company emits a lot of smoke to make its products, its costs are about to shoot up
Netflix to refocus on ads, content after failed Warner Bros bid
AI ruling prompts warnings from US lawyers: Your chats could be used against you
April 15 : As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability is on the line. These warnings became more urgent after a federal judge in New York ruled t ...
Scoot tops Cirium’s global airline emissions efficiency rankings for 2025
High seat density of 242 seats per aircraft and longer average flight sectors of 2,157 km have driven its performance
Singapore responds to US probe, says it does not condone forced labour in supply chains
Responding to two US trade investigations, Singapore also says the United States has had a consistent trade surplus with Singapore for more than 20 years.
EU age verification app ready as Europe moves to curb children's social media access
BRUSSELS, April 15 : The EU's age verification app for online platforms is technically ready and will soon be available to use, European Commission President Ursula von der Leyen said on Wednesday, as member states move ahead with their plans to curb social media access for children."We ar ...
AI agents gain traction in Singapore, but data gaps hold back adoption
Nurdianah Md Nur - Singapore companies are showing growing interest in AI agents, or artificial intelligence (AI) systems that can operate with minimal human input, but gaps in data and systems are slowing broader adoption. HubSpot’s survey of more than 700 business leaders in the city-state reveals that 43% expect ...
JP Morgan lowers CLCT’s target price for June 2027 while GS initiates UIB REIT coverage
The Edge Singapore - In an update on Apr 14, JP Morgan reduced its end-2026 target price of 78 cents for CapitaLand China Trust to an end-June 2027 target price of 66 cents while retaining a neutral rating. As JP Morgan sees it, CLCT is navigating a landscape in China where its retail portfolio has stabilised compared t ...
DBS deepens Hong Kong bet with US$334 million purchase of six floors at The Center
[HONG KONG] Singapore’s DBS deepened its bet on the Hong Kong wealth market on Wednesday (Apr 15), with its local unit purchasing...
More older millennials and Gen X in Singapore investing in cryptocurrency: report
Benjamin Cher - A third of them own or have owned the virtual currency in 2026, compared with 29% last year
STT GDC and SuperX open AI innovation centre in Singapore as firms struggle to scale AI projects
Nurdianah Md Nur - ST Telemedia Global Data Centres (STT GDC) and Nasdaq-listed SuperX AI Technology have opened an artificial intelligence (AI) innovation centre in Singapore to help companies move AI projects beyond the pilot stage into production. Located at STT GDC's Singapore 5 data centre in Tai Seng, the f ...
Freehold hilltop cluster houses at Chancery Hill for sale at $35 mil
Jovi Ho - A hilltop cluster housing development at 7, 7A, 7B and 7C Chancery Hill Walk is up for sale at a guide price of $35 million. With a gross floor area of about 12,594 sq ft, the guide price translates to about $2,779 psf. The freehold development currently comprises four cluster terrace houses, comple ...
China’s data centres are plugging into Reit-style financing wave
The niche funding tool – known as holding-type real asset-backed securities – has seen rapid uptake since it was introduced less than...
Japan refiners run at two-thirds capacity, awaiting crude from outside the Gulf
TOKYO, April 15 : Japanese refineries ran at two-thirds of their capacity last week, little changed from the previous week, highlighting the short-term challenges of replacing their Middle Eastern crude supply, cut by the Iran war.Refinery runs stood at 67.8 per cent of the designed capacity for the ...
Dollar set to snap 7-session skid amid talk of possible resumption of US-Iran peace talks
NEW YORK, April 15 : The U.S. dollar rose slightly on Wednesday and was on track for its first gain in eight sessions after falling to levels not seen since the start of the Iran war, as investors gauged the likelihood that peace talks would resume shortly.U.S. President Donald Trump said the war wi ...
