BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports
March 3 : A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison's global ports business without two terminals in Panama, after authorities seized the assets, Financial Times reported on Tuesday.Swiss-Italian shipping firm Mediterranean Shipping Company (MSC) and t ...
Indonesia regulator expects three-quarters of listed firms to meet 15% free-float rule within first year
JAKARTA, March 3 : Indonesia's financial regulator said on Tuesday that it expects up to 75 per cent of the companies listed on the country's stock exchange to meet a new 15 per cent free-float requirement within the first year of implementation. Hasan Fawzi, interim chief capital market s ...
China’s AI listings boom leaves investors flying blind
For the AI industry, the challenges will only mount in the short term, with a healthy pipeline of listings yet to come
Bank of Japan to experiment with blockchain settlement for reserves, Governor Ueda says
Using blockchain technology would allow scope for instant settlement 24 hours a day
Indonesia hopes to get MSCI response to capital market reforms before May, official says
OJK and Indonesia’s stock exchange will meet with MSCI representatives on Wednesday
Singapore taps JPMorgan, UBS to push regional gold hub ambition
UOB is the only Singaporean lender offering physical gold sales and vault services to retail customers
Oil spikes stir inflation risk: which Singapore stocks are the most defensive – and vulnerable?
Deon Loke - The situation can also lead to a ‘higher-for-longer’ interest rate environment
Budget 2026: New SME AI Skills Launchpad to help businesses elevate AI awareness, adopt solutions
Paige Lim - A new self-diagnostic tool will also be launched to help workers assess their AI readiness level and training needs
BOJ to experiment with blockchain settlement for reserves
TOKYO, March 3 : The Bank of Japan will conduct experiments for using blockchain technology to settle deposits that financial institutions park with the central bank, Governor Kazuo Ueda said on Tuesday.The experiments will be part of a "sandbox project" under way at the BOJ to enable the ...
BOJ to experiment with blockchain settlement for reserves, Governor Ueda says
TOKYO, March 3 : The Bank of Japan will conduct experiments for using blockchain technology to settle deposits that financial institutions park with the central bank, Governor Kazuo Ueda said on Tuesday.The experiments will be part of a "sandbox project" under way at the BOJ to enable the ...
Toyota founding family is biggest winner in unit takeover battle
Critics see it as a power grab by the chairman on behalf of himself and other Toyoda family members
ST, BT digital subscriptions now available on KrisShop in new tie-up
KrisFlyer miles can be used to redeem the digital news subscriptions
Apple launches iPhone 17e and M4 iPad Air, starting product wave
The company has also been planning to introduce new laptops this week
S-E Asian businesses in the Gulf take safety measures as they hunker down for prolonged disruption
Evan See - Some SMEs and exporters could face operational and cost pressures as US-Iran conflict spills over
Gold extends gains as Middle East war boosts safe-haven demand
A stronger greenback typically makes dollar-denominated assets such as bullion more expensive for other currency holders
Japan quarterly capex rises 6.5% as government seeks to spur investment
TOKYO, March 3 : Japanese spending on factories and equipment rose 6.5 per cent on-year in the fourth quarter, Ministry of Finance data showed on Tuesday, indicating resilient investment demand continued to support a barely growing economy.The encouraging data, which will be used in calculating revi ...
Asian banks’ billions in Gulf loans at risk amid Middle East turmoil
The Middle East tensions adds another layer of instability to the global economy
“Super ramp is here”, Maybank maintains ‘buy’ on UMS Integration with higher target price of $1.88
Teo Zheng Long - Jarick Seet of Maybank Securities has raised his target price for UMS Integration (SGX: 558 ) , citing a surge in more orders from the company’s new key customer. For its FY2025, UMS Integration reports earnings of $41.6 million, up 2% y-o-y, which is in line with his estimates. The company’s re ...
PhillipCapital raises CNMC target price to $2.34
The Edge Singapore - Driven by higher gold prices and bigger production volume, CNMC Goldmine has reported FY2025 that blew past already bullish expectations, prompting Hashim Osman of PhillipCapital to maintain his "buy" call and raise his target price. The company, with a bigger production capacity in place, ...
OpenAI amending deal with Pentagon, CEO Altman says
March 2 : OpenAI Chief Executive Sam Altman said on Monday that the ChatGPT-maker is working with the U.S. Department of Defense to make some changes in their agreement."We have been working with the DoW (Department of War) to make some additions in our agreement to make our principles very cle ...
SoftBank-backed PayPay targets up to US$13.4 billion valuation in US IPO
IPO activity is typically strongest during periods of market stability and risk-on sentiment
Analysts raise ST Engineering target price as it jumps 7.2% on Iran conflict, defence contract wins
Shikhar Gupta - The counter has climbed for two consecutive days
Analysts raise ST Engineering target price as it surges 8% from Iran conflict, defence contract wins
Shikhar Gupta - The counter continues rally from 2.8% gain the previous day
ST Engineering shares surge 8.9% amid Iran conflict and strong defence orders
Shikhar Gupta - The counter continues rally from 2.8% gain the previous day
ST Engineering shares soar 8.9% as conflict in Iran continues
Shikhar Gupta - The counter jumps again after posting a 2.8% gain the previous day
ST Engineering shares soar 8.8% as conflict in Iran continues
Shikhar Gupta - The counter jumps again after posting a 2.8% gain the previous day
Shares of UMS end 2% higher after purchase of stake in Starke Singapore
Chloe Lim - The counter had increased by as much as 8.6% to S$1.63 in the morning
Shares of UMS rise over 8% following purchase of stake in Starke Singapore
Chloe Lim - The counter rises more than 7% to reach S$1.61 in the morning, before hitting S$1.63 by 9.05 am, up 8.6%
Shares of UMS rise over 8 per cent following purchase of stake in Starke Singapore
Chloe Lim - The counter rises more than 7% to reach S$1.61 in the morning, before hitting S$1.63 by 9.05 am, up 8.6%
Middle East oil shipping costs surge to all-time high as Iran war intensifies
The cost of hiring a supertanker to ship oil from the Middle East to China surged to an all-time high of over US$400,000 a day.
Qatar LNG halt won't immediately affect Japan's energy supply, minister says
TOKYO, March 3 : Qatar's LNG production halt due to Iranian strikes will not immediately affect Japan's energy supply, and if there is any impact, Japan could tap the spot market or utilities could buy from each other, Trade Minister Yosei Akazawa said on Tuesday. Akazawa told a regular pr ...
Amazon's cloud unit says drone strikes damaged UAE and Bahrain facilities
March 2 : Amazon's cloud unit AWS said on Monday its facilities in the UAE and Bahrain were impacted by drone strikes amid the Middle East conflict.
Paramount to combine HBO Max and Paramount+ to challenge Netflix
The company expects the transaction to close in the third quarter
From ST Engineering, SIA to shipping: What stands to gain or lose from the Iran conflict?
Shikhar Gupta - Investors are differentiating between sectors facing immediate operational headwinds and those finding structural support in the flight to safety
