South Korea to ban petrochemical hoarding amid Iran crisis
SEOUL, April 14 : South Korea's industry ministry said on Tuesday it will ban the hoarding of key petrochemical feedstocks and introduce emergency supply-demand controls as authorities move to stabilise supply chains amid the Iran crisis.The regulation, which will take effect at midnight on Apr ...
Deutsche Boerse buys $200 million stake in crypto giant Kraken
April 14 : German exchange operator Deutsche Boerse said on Tuesday that it had acquired a 200 million dollar stake in US-based cryptocurrency exchange Kraken.The investment is being made through the acquisition of existing shares as part of a secondary market transaction and results in a fully dilu ...
Deutsche Boerse acquires a $200 million stake in Kraken
April 14 : German exchange operator Deutsche Boerse said on Tuesday that it had acquired a 200 million dollar stake in US-based cryptocurrency exchange Kraken.The investment is being made through the acquisition of existing shares as part of a secondary market transaction and results in a fully dilu ...
BMW car sales drop on weakness in China, US
Global deliveries fell 3.5% amid a 10% drop in China and a decline in the US
BlackRock quarterly profit rises on active ETFs, performance fees
Total assets under management at the world’s largest asset manager comes in at US$13.89 trillion
Changi Airport ranks fourth-busiest for international passengers in 2025: report
Chloe Lim - It served 69.4 million international passengers in 2025, up 3.5% from 2024
Singapore stocks gain amid regional rebound; STI up 0.5%
Benicia Tan - Across the broader market, gainers beat losers 437 to 188 after 2.3 billion securities change hands
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Jamille Tran - Geopolitical tensions, subsea cable networks are reshaping region’s energy security, integration
Middle East-linked energy supply shocks puts Asean Power Grid back in focus
Jamille Tran - Geopolitical tensions, subsea cable networks are reshaping the region’s energy security, integration
ECB seeks bigger say on banks' capital requirements
The assessment should be carried out by ECB policymakers and top supervisors together
Cohen & Steers bought more Digital Core REIT units two days after it sold; bought back units worth US$3.9 mil
The Edge Singapore - Fund manager Cohen & Steers Capital Management has seemingly changed tack on Digital Core REIT, buying more units just two days after it sold. On April 8, the firm sold 917,700 units at 50.6 US cents each. Yet, on April 10, the firm paid 51 US cents each for 545,600 units, bringing its total sta ...
Billionaire Aponte passes on shipping giant MSC to heirs
Aponte has a net worth of at least US$37 billion
Hoi Hup Realty tops 3 bids for Yishun EC site with S$340.9 million or S$732 psf ppr bid
Chong Xin Wei - Developers expected to maintain more selective bidding approach as supply pipeline builds
Iran war upends IEA's global oil market outlook
The IEA cut its forecasts for global oil supply and demand growth
Sembcorp CEO’s pay rises 6.3% to S$6.8 million for FY2025
Janice Lim - Other management executives are paid a total of S$16.5 million
More workers in Singapore opt for jobs for which they are overqualified: MOM, NTUC studies
Janice Heng - Workers take up jobs that do not fully use their qualifications for reasons such as stability, flexible hours
Business & administration graduates form largest share of overqualified workers: MOM
Janice Heng - This is due to high intake for such courses, says the ministry in a new study
More workers in Singapore are in jobs for which they are overqualified: MOM, NTUC studies
Janice Heng - Workers take up jobs that do not fully use their qualifications for reasons such as stability, flexible hours
Lufthansa faces worst strike in decade as cabin crew members join pilots
It threatens to disrupt the airline’s 100th anniversary celebrations
Unit of South Korea's OCI in talks with SpaceX to supply polysilicon, media says
SEOUL, April 14 : A Malaysian unit of South Korea's OCI Holdings is in talks with SpaceX to supply polysilicon, a South Korean newspaper said on Tuesday. OCI TerraSus, a Malaysian unit of OCI Holdings, is in talks with SpaceX for a multi-year supply contract for polysilicon and is discussing de ...
BP says oil trading result is ‘exceptional’ as prices soared amid Middle East war
Its asset exposure in the Middle East is lower than that of its peers
A loyal shareholder reflects on riding through tough times in equities markets
Leslie Yee - Holding onto Singapore stocks may be irrational, but the hope is that doing so will pay off in the long term
More monetary policy tightening moves on the cards this year: economists
Tessa Oh - April’s tightening move seen as pre-emptive; inflation pass-through from Iran war yet to show up in data
Under pressure: Tracking the pain in G7 government debt
LONDON/NEW YORK/TOKYO, April 14 : The world's major economies have seen their debt levels surge in recent years, while ever-increasing spending demands - from ageing populations to climate change and defence - are adding to the pressure.Enter the Iran war https://www.reuters.com/world/iran/, wh ...
SingHaiyi’s Vela Bay condo in Bayshore opens for sale, with prices starting at S$1.2 million
Ry-Anne Lim - The 515-unit project’s public preview has drawn nearly 8,000 visitors
Chemicals sector bears brunt of Iran conflict so far, but MAS flags wider fallout ahead
Tessa Oh - Rising production costs could feed through to consumer prices, squeezing household incomes and cooling domestic demand
Inflation expected to ease in 2027 but prolonged Middle East conflict may keep prices high, slow growth: MAS
Financial conditions could also tighten, and growth led by artificial intelligence developments could be affected as well.
Hiring, wage growth likely to ease in 2026 due to Middle East conflict: MAS
The central bank said the overall business outlook has softened and employment growth is expected to ease from the gains seen in 2025.
South Korea discusses improvements to pension fund's overseas investment
SEOUL, April 14 : South Korea's National Pension Fund Management Committee will discuss on Tuesday improvements to the state-run pension fund's overseas investment, the welfare minister said. Minister Jeong Eun-kyung said that foreign exchange volatility, which directly affects the pension ...
Singapore port sells more marine fuel in March despite war-induced tight supply
Tay Peck Gek - On a year-on-year basis, the marine fuel volume sold is up 6.6%
Singapore port sells higher marine fuel in March despite tight supply
Tay Peck Gek - On a year-on-year basis, the marine fuel volume sold was up 6.6%
Building trust in the age of AI
Varun Mahindru - Trust has become one of the most valuable assets in today’s digital economy. Every day, millions of payments move seamlessly across borders, powered by a shared confidence that transactions are secure. Yet that confidence has been under strain as fraudsters use artificial intelligence (AI) to shar ...
Wegovy-maker Novo Nordisk partners with OpenAI to speed drug development
LONDON, April 14 : Danish drugmaker Novo Nordisk, which has fallen behind Eli Lilly in the immensely lucrative weight-loss drug market, said on Tuesday it is partnering with OpenAI to deploy artificial intelligence across its business, from drug discovery to manufacturing and commercial operations.T ...
Investors buy the dip in bonds as the sovereign-corporate divide widens: Aberdeen executive
Benjamin Cher - Demand for investment-grade bonds still outstrips supply, with deals being regularly oversubscribed, he adds
