Japan finance minister flags readiness to take decisive steps on forex
TOKYO, March 16 : Japan Finance Minister Satsuki Katayama said on Monday that the government is prepared to take decisive steps against volatility in foreign exchange and other financial markets, as the yen sank close to the psychologically important 160-per-dollar line."There was shared concer ...
OUE Healthcare subsidiary opens ‘Singapore’s first private sleep laboratory’
Jovi Ho - Lung specialist group O2 Healthcare, a subsidiary of Catalist-listed OUE Healthcare, has launched O2 SleepWell Laboratory, dubbed “Singapore’s first private sleep laboratory”. Launched on March 13, the O2 SleepWell Laboratory is operated by O2 SleepWell, a subsidiary of O2 Lung Centre, itself ...
Oil extends gains as Middle East conflict threatens export facilities
Brent crude and US West Texas Intermediate crude have surged more than 40 per cent this month to their highest levels since...
Stocks to watch: Stoneweg Trust, Acrophyte Hospitality Trust, OUE Healthcare
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Mar 16):
World’s top central banks are about to confront fresh inflation threat as war jolts oil
Much hinges on how long the conflict lasts, something markets are struggling to gauge
Sert buys logistics property in the Netherlands for 35 million euros
Shikhar Gupta - It is the stapled group’s first property acquisition since 2022
JD.com launches Joybuy in Europe, targeting Amazon
LONDON, March 16 : Chinese e‑commerce giant JD.com on Monday launched its Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium and Luxembourg, stepping up its push beyond its home market and taking aim at market leader Amazon.JD.com wants to internationalise its business ...
As Gulf conflict rattles investors, STI listcos spend S$180 million on share buybacks
Therese Soh - Shareholders welcome share buybacks as a way for corporates to return cash to them, but they can be a double-edged sword
As Gulf conflict rattles investors, STI listcos spend S$150 million on share buybacks
Therese Soh - Shareholders welcome share buybacks as a way for corporates to return cash to them, but they can be a double-edged sword
As skittish investors head for the door amid Gulf war, STI listcos fork out S$150 million to pick up own shares
Therese Soh - Shareholders welcome share buybacks as a way for corporates to return cash to them, but they can be a double-edged sword
NTUC, employers split on retrenchment notice lead time; workers say timely support matters more
The ministry is conducting a comprehensive review of the Employment Act and will provide updates in due course
Middle East oil shocks send S-E Asia scrambling for alternatives, but cleaner mix is no easy choice
Evan See - The crisis may be a catalyst – or obstacle – for the region’s renewable energy transition goals
Oil shocks send S-E Asia scrambling for alternatives, but cleaner mix is no easy choice
Evan See - The crisis may be a catalyst – or obstacle – for the region’s renewable energy transition goals
EQDP’s expansion to pre-IPO private firms could boost listing pipeline: observers
Ranamita Chakraborty - This will give such companies access to growth capital, and prepare them better for public markets
Asia investors shift from money market funds to active funds, alternatives: Wellington Management head of Apac
Natalie Koh - Fixed income and 140/40 extension strategies have also drawn interest in the past 12 months, says Janet Perumal
USD/JPY eyes historic 162 price level as dollar bulls charge against yen
With three decisive breakouts in the past two weeks, the narrative around USD/JPY has shifted back in strong favour of the bulls....
From plastics to property, Malaysia’s Mah Sing builds its business empire on ‘trust capital’
Tan Ai Leng - As Mah Sing grows beyond its founder-led roots, Lionel Leong and his sisters are focused on raising standards
Asia-Pacific allies ink US$57 billion in deals with US companies: US interior secretary
Japan is helping lead the coalition of nations to increase the oil supply in the market
Asia-Pacific allies ink US$57 billion in deals with US companies, Burgum says
Japan is helping lead the coalition of nations to increase the oil supply in the market
Labubu mania is over. Pop Mart bets it can survive with new toys
The company has also funnelled more resources into characters seen as having breakout potential, particularly Twinkle Twinkle
RBA to deliver back-to-back hikes as Iran war refuels inflation
Oil has surged and the fighting has disrupted air travel and flows of fertiliser and other goods at a time when the...
Trump administration to announce coalition to escort ships through Strait of Hormuz: WSJ
THE Trump administration plans to announce as early as this week that multiple countries have agreed to form a coalition that will...
Commentary: China lowers growth target - it still isn't low enough
Are China’s latest economic growth targets a sign of stabilisation or decline? Neither framing fits, says Enodo Economics’ Diana Choyleva.
Iran holds the key to reopening global energy markets
Middle East oil output has fallen by up to 10 million barrels per day as prices spike
Over 400 million barrels of emergency oil reserves to flow to global markets, starting with Asia immediately: IEA
Supply for Europe and the Americas will be made available from end-March
UBS set to face Swiss government decision on capital in April
The state will also decide on a proposal for capital backing of the lender’s foreign units
Asia-Pacific allies ink $57 billion in deals with US companies, Burgum says
March 15 : Asia-Pacific allies agreed to $57 billion in 22 deals with American companies during this weekend's Indo-Pacific Energy Security Forum in Tokyo, U.S. Interior Secretary Doug Burgum said on Sunday. In an interview on Fox News Channel's "Sunday Morning Futures," Burgum a ...
Iran war may hasten Reits’ waning popularity
Ben Paul - A more hawkish tone from the Fed this week could further weaken sentiment towards real estate investment trusts
Bahrain’s Alba shuts 19% of aluminium capacity as Hormuz disruption continues
The company has initiated a controlled shutdown of three lines
Private fund said to be buying 11 Mercatus retail assets for S$281 million
Kalpana Rashiwala - Portfolio comprises private strata space in Bukit Timah Plaza and Coronation Shopping Plaza, and nine HDB properties
Altallo said to be buying 11 Mercatus retail assets for S$281 million
Kalpana Rashiwala - The group is also expected to sign a deal soon for the purchase of i12 Katong
US airline CEOs urge Congress to end stand-off, pay airport security officers
The partial government shutdown comes amid an expected record-breaking spring travel period
Oil poised for further gains as Middle East conflict threatens export facilities
Brent and WTI have surged more than 40% so far this month
Singapore’s energy is secure despite disruptions from Middle East conflict: Tan See Leng
While imported gas fuels 95% of the Republic’s power generation, half of it is piped and will not be affected