Dollar firm as traders eye Middle East risks
NEW YORK, March 11 : The dollar edged higher on Wednesday as concerns about a further escalation in the Middle East conflict supported demand for the U.S. currency, while data showed U.S. consumer prices rose moderately in February.Investors remain on edge as the Middle East conflict threatens to fr ...
Iran-linked hackers claim responsibility for attack on US medical device maker Stryker
March 11 : An Iranian-linked hacking group on Wednesday claimed responsibility for a destructive cyberattack on U.S.-based medical device and services provider Stryker, according to messages posted to the group's Telegram channel.The Michigan-based company, with 56,000 employees and operations ...
Iran-linked hackers attack US medical device maker Stryker
March 11 : An Iranian-linked hacking group on Wednesday claimed responsibility for a destructive cyberattack on U.S.-based medical device and services provider Stryker, according to messages posted to the group's Telegram channel and social media reports.Stryker shares fell about 3.4 per cent o ...
Stryker shares fall after report on suspected Iran-linked cyberattack
March 11 : Stryker's shares fell about 3 per cent on Wednesday after the Wall Street Journal reported that the medical equipment maker was hit by a suspected Iran-linked cyberattack.The company is experiencing a global outage across its systems. Staff and contractors have claimed that the logo ...
WhatsApp launches parent-managed accounts for pre-teens amid safety concerns
All personal conversations will remain private and protected with end-to-end encryption.
Nvidia invests US$2 billion in Nebius in new data centre deal
[AMSTERDAM] Nvidia will invest US$2 billion in Nebius Group as part of a strategic partnership to develop and build artificial intelligence data...
IEA proposes record release of strategic stocks in response to Iran war oil price surge
The International Energy Agency has recommended the release of 400 million barrels of oil.
Meta unveils plans for batch of in-house AI chips
SAN FRANCISCO, March 11 : Meta Platforms on Wednesday unveiled a roadmap of four new chips that the company is making in-house, as it rapidly expands its data centers.Like many big tech companies such as Alphabet and Microsoft, Meta has invested heavily in building a team that can design chips in-ho ...
Stocks fall, dollar edges up after US inflation; focus squarely on oil
BOSTON/LONDON, March 11 : Wall Street shares fell but the dollar held firm on Wednesday, after data showed U.S. inflation picked up as expected in February, although most investor focus was squarely on the oil price and on the chances that the U.S.-Israeli war on Iran could have a longer-term impact ...
Stocks mixed, dollar edges up after US inflation; focus squarely on oil
BOSTON/LONDON, March 11 : Global shares were mixed and the dollar held firm on Wednesday, after data showed U.S. inflation picked up as expected in February, although most investor focus was squarely on the oil price and on the chances that the U.S.-Israeli war on Iran could have a longer-term impac ...
Stocks dip, Treasury yields jump as oil pushes higher
Global markets slide as oil prices jump nearly per cent.
CDL eyes chances to unlock value from commercial portfolio, keeps options open for mature assets
Chong Xin Wei - Its revamped City Square Mall has about 26,000 sq ft more in gross floor area and new leases at higher rental rate
Wall Street mixed as investors assess IEA announcement, inflation data
[NEW YORK] Wall Street’s main indexes were mixed on Wednesday (Mar 11) as investors assessed a key inflation report and the International...
Wall St opens mixed as investors assess inflation data
[NEW YORK] Wall Street’s main indexes opened mixed on Wednesday (Mar 11) as investors assessed a key inflation report.
UI Boustead Reit’s public offer of 33.9 million units 2.9 times subscribed
Shikhar Gupta - The counter is expected to begin trading at 2 pm on Mar 12
Q&M on acquisition binge with MOU to acquire dental group in Australia for A$144.5 mil
The Edge Singapore - Just one week after Q&M Dental Group announced plans to acquire a local rival dental chain, it has announced a much bigger deal to acquire an unnamed dental group in Australia. According to Q&M, this acquisition, first flagged by The Edge Singapore in a story published on March 5, will help ...
Iran tells world to get ready for oil at US$200 a barrel as it fires on merchant ships
The warning comes as three more ships came under attack in the blockaded Gulf
Iran tells world 'get ready for US$200 a barrel'
The warning comes as three more ships came under attack in the blockaded Gulf
GoTo earnings forecast tops estimates after cost reductions
Growth cooled from its breakneck pace as the firm pivots to focus on profitability
Japan's MUFG, State Bank of India partner to finance projects, including M&A
MUMBAI, March 11 : Japan's Mitsubishi UFJ Financial Group (MUFG) and the State Bank of India (SBI) on Wednesday announced a strategic partnership to structure and finance projects, including mergers, acquisitions and real estate financing for Indian and global clients.The alliance follows recen ...
IPO of UI Boustead REIT is 3.3 times subscribed
Teo Zheng Long - The IPO of UI Boustead REIT is 3.3 times subscribed. A total of 677,175,200 units were sold, with 33.9 million units sold to retail investors. This IPO, which raised $973.6 million, is priced at 88 cents each, which implies a price/NAV of 1.0 time and projected distribution yield of 7.8% for FY2027. ...
Hong Kong watchdog launches probe into Citic local unit, sources say
HONG KONG, March 11 : Hong Kong's securities regulator has launched a probe into the local unit of Chinese brokerage Citic Securities linked to its handling of some recent share sale transactions, two sources with knowledge of the matter said on Wednesday.The Securities and Futures Commission ( ...
Nvidia to invest $2 billion in neocloud Nebius amid AI data center push
March 11 : Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker's growing list of investments in AI firms and data center infrastructure. U.S.-listed shares of Amsterdam-based Nebius jumped over 10 per cent in premar ...
Nvidia to invest $2 billion in AI cloud firm Nebius
March 11 : Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker's growing list of investments in AI firms. U.S.-listed shares of Amsterdam-based Nebius jumped nearly 10 per cent in premarket trading.The companies sai ...
Zoox and Uber tie up to deploy robotaxis on ride-hailing network
March 11 : Uber Technologies signed a multi-year partnership to deploy Zoox's purpose-built robotaxis to its platform, the companies said on Wednesday, marking the latter's first venture with a third-party ride-hailing service.Despite lagging behind industry leader Alphabet's Waymo in ...
The Assembly Place to operate workers' dormitory JV with S11
The Edge Singapore - Co-living operator The Assembly Place Holdings has set up a 60-40 joint venture with S11 Granuity Management to operate a purpose-built migrant worker dormitory. The dormitory, with 886 beds, is at 2 Seletar North Link, which is a property under S11, an existing operator of worker dormitories. This ...
OG denies conspiracy claims to injure Hao Mart and owner in lawsuit involving GCB mortgage
Paige Lim - This is one of four lawsuits involving OG and Hao Mart relating to the lease of the Taste Orchard premises
Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals
Tessa Oh - Blackstone Asia Real Estate Partners and Brazen Sky are pursuing other workarounds, such as winding up relevant entities
Spain to launch tool to monitor hate on social media, PM Sanchez says
MADRID, March 11 : Spain will launch a tool to measure hate speech on digital platforms as part of a broader strategy to increase oversight of social media companies, Prime Minister Pedro Sanchez said on Wednesday.The country announced a wider plan last month to regulate social media, including a ba ...
Private credit not in a bubble: Hamilton Lane 2026 market overview
Benjamin Cher - Private markets log the second-highest year for aggregate distributions in 2025
US firm Quantinuum expands to Singapore with new R&D hub
Jermaine Fok - The company will deploy its advanced quantum computer here, making it the city-state’s first commercial one
Japan to release part of oil reserves from private sector, state stockpile, PM says
TOKYO, March 11 : Japan plans to release 15 days worth of private-sector oil reserves and one month's worth of state oil reserves, Prime Minister Sanae Takaichi said on Wednesday.
Taiwan's Pegatron, GlobalWafers see no immediate risk from Middle East war
TAIPEI, March 11 : Two major Taiwanese technology companies crucial to the global consumer electronics and semiconductor supply chain said on Wednesday the conflict in the Middle East had not yet disrupted their operations, though one top executive expressed hopes for the war to end swiftly.The esca ...
OG calls Hao Mart’s lawsuit involving Jervois Hill GCB an 'abuse of process’
In a recently filed defence, OG said its former master tenant's claim of a conspiracy is legally baseless.
