Japan may face more price hikes for food, hot spring facilities, central bank says
TOKYO, May 15 : Japan may face another round of broad-based price increases around summer, as firms ranging from food makers to hot spring facilities consider passing on soaring energy costs from the Middle East conflict, the central bank said on Friday.Shedding their long-held practice of keeping p ...
US expects ‘double-digit billions’ in Chinese farm purchases after Trump-Xi summit, USTR Greer says
Traders are closely watching for any reduction in soybean tariffs
Japan's Q1 GDP likely rose on firm exports
TOKYO, May 15 : Japan's economy is expected to have grown for a second quarter in January-March, supported by recovering exports and solid domestic demand, although the full impact of the Iran war had yet to be felt, a Reuters poll showed on Friday.• Gross domestic product (GDP) in real terms ...
Singapore’s start-up ecosystem needs more than growth capital to succeed
Kwan Wei Kevin Tan - Singapore’s capital market ecosystem has been drawing increased attention from policymakers lately. In August 2024, the Monetary Authority of Singapore (MAS) set up the Equities Market Review Group to come up with measures to strengthen Singapore’s stock market. The group, which was chaired by N ...
Broker's Digest: AIMS, Aoxin, AvePoint, Beng Kuang, MUST, Starhub, UMS
The Edge Singapore - AIMS APAC REITPrice target: RHB Bank Singapore ‘buy’ $1.70
Men with a vision
Kwan Wei Kevin Tan - Fresh off a $3 million investment from Philip Yeo’s EDIS, Mencast group executive chairman and CEO Glenndle Sim says AI and additive manufacturing will take his marine engineering company to the next level. When Mencast group founder Sim Gok Hian started his career in the offshore and marine secto ...
OpenAI explores legal options against Apple: source
The AI startup fails to see expected benefits from its deal with iPhone maker
From attracting MNCs to building up local champs
Kwan Wei Kevin Tan - Abel Ang started his career at the Economic Development Board (EDB). He continues to drive Singapore’s economic growth at Economic Development Innovations Singapore, an investment holding company founded by former EDB chairman Philip Yeo Abel Ang might have made his mark in biotech as the founding ...
Toyota files to build $2 billion assembly line in Texas
May 14 : Toyota Motor has sought approval to build a new vehicle assembly line at its existing manufacturing complex in Texas with about $2 billion in planned investment, according to a filing.• Construction at the proposed project in San Antonio, named "Project Orca", is expected to beg ...
AEM knocks DBS off pedestal as top value traded stock after touching S$10 barrier
Shikhar Gupta - Share of AEM and other tech stocks later reverse into losses
AEM knocks DBS off pedestal as top value traded stock after crossing S$10 barrier
Shikhar Gupta - CSE Global also climbs as much as 7.9% to all-time high as tech stock rally continues
AEM closes 6.7% down after touching S$10 barrier, knocking DBS off pedestal as top value traded stock
Shikhar Gupta - Share of AEM and other tech stocks later reverse into losses
AEM crosses $10 mark following wave of higher target prices post 1QFY2026 update
The Edge Singapore - AEM Holdings is up yet again on a wave of higher target prices following its 1QYF2026 update, along with suggestions that the chip tester is underway in a multi-year earnings growth story. John Cheong of UOB Kay Hian raised his target price from $4.70 to $12.99, which is based on 40x FY2028 earnings ...
Yen’s week-long slide puts traders on guard for intervention
The currency has now retraced more than half of the gains triggered by multiple rounds of intervention
Japan finance minister says G7 likely to discuss bond volatility next week
TOKYO: Japanese Finance Minister Satsuki Katayama said on Friday (May 15) that Group of Seven finance chiefs are likely to discuss recent volatility in global bond markets as sharp moves in Japan, the United States and Britain ripple across major markets."We've seen bond yields rise across ...
Marco Polo Marine sees over 100 million shares traded on plan for reverse takeover of Fuji Offset
Therese Soh - H1 profit up 9% at S$11.6 million on 40% revenue jump, as ship chartering and shipyard segments improve
Marco Polo Marine sees almost 100 million shares traded on plan for reverse takeover of Fuji Offset
Shikhar Gupta - H1 profit up 9% to S$11.6 million on 40% revenue jump as ship chartering and shipyard segments improve
Marco Polo Marine H1 profit up 9% at S$11.6 million on stronger revenue; proposes shipyard business sale
Shikhar Gupta - The top-line growth is driven by a robust performance across both its ship chartering and shipyard segments
More than 162 million Marco Polo Marine shares change hands on plan for reverse takeover of Fuji Offset
Therese Soh - The heavy trading also follows the group’s announcement of a 9% increase in H1 earnings to S$11.6 million
More than 100 million Marco Polo Marine shares change hands on plan for reverse takeover of Fuji Offset
Therese Soh - The heavy trading also follows the group’s announcement of a 9% increase in H1 earnings to S$11.6 million
Gold edges down as oil, US dollar rise; markets await signals from Trump-Xi meeting
GOLD edged lower on Thursday (May 14), pressured by rising oil prices and a firmer US dollar after news of a vessel...
Stocks to watch: SIA, Marco Polo, First Resources, NetLink, ThaiBev, CSE, Aspial, CNMC
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 15):
Stocks to watch: SIA, First Resources, Netlink, ThaiBev, CSE, Aspial, Marco Polo, CNMC
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 15):
Aspial Lifestyle proposes S$84.8 million rights and placement issue to fund pawnbroking, lending businesses
Shikhar Gupta - Under the preferential offering, 61.7 million new shares will be offered to eligible shareholders
Aspial Lifestyle launches S$84.8 million equity funding to grow pawnbroking, lending businesses
Shikhar Gupta - Under the preferential offering, 61.7 million new shares will be offered to eligible shareholders
Boeing shares drop 4% after Trump announces China orders 200 jets; number below expectations
The talks had been for 500 Boeing 737 Max jets, plus possibly dozens of more expensive widebody jets in follow-on orders
First Resources Q1 net profit up 53.1% at US$96.6 million on stronger sales, production output
Therese Soh - It has posted a 70.4% year-on-year increase in sales to US$477.2 million
Steady trading across asset classes as SGX securities turnover rises 6% in April
Jermaine Fok - Increase driven by strong retail participation in small and mid-cap stocks, growing open interest in key derivatives
Japan's wholesale inflation spikes on energy shock, bolsters case for June rate hike
TOKYO, May 15 : Japan's wholesale inflation accelerated in April at the fastest pace in three years as the Iran war boosted oil and chemical goods prices, data showed on Friday, bolstering the case for the central bank to raise interest rates as soon as June.The data came after a Bank of Japan ...
Japan April wholesale inflation rate spikes on rising import costs
TOKYO, May 15 : Japan's wholesale prices in April rose a faster-than-expected 4.9 per cent from a year earlier, data showed on Friday, highlighting mounting inflationary pressures from the Iran war-induced spike in oil costs.The data will likely add pressure on the Bank of Japan to raise intere ...
US judge considers Anthropic's $1.5 billion settlement of authors' lawsuit
May 14 : A federal judge on Thursday pressed lawyers for more information on several points of artificial intelligence company Anthropic’s proposed $1.5 billion settlement with authors who accused it of misusing their books to train its AI chatbot Claude.U.S. District Judge Araceli Martinez-Olguin ...
Trump says China’s Xi offered help on Iran as ship seized near UAE
“He said he’s not going to give them military equipment,“ Trump said
Trump says China offered help on Iran as ship seized near UAE
Both sides agreed that Hormuz must be open to support the free flow of energy
Ship reported seized off UAE as Trump discusses Iran with Xi at Beijing summit
In a separate incident, an Indian cargo vessel en route to the UAE was sunk on May 13 off Oman
