Sri Lanka central bank holds policy rate unchanged
COLOMBO, March 25 : Sri Lanka's central bank kept its overnight policy rate unchanged on Wednesday, adopting a cautious stance amid uncertainty over the inflationary impact of energy prices due to the Middle East crisis.The Central Bank of Sri Lanka (CBSL) maintained the overnight policy rate a ...
Citadel Securities nets record US$12 billion trading haul
The firm has also charted a global expansion to compete with Wall Street heavyweights
Meta boosts top executives' pay with stock options as AI race heats up
March 24 : Meta Platforms is increasing compensation for top executives, including its first-ever offer of stock options, as it tries to fend off competition in the artificial intelligence race and incentivize leaders to stay with the company for several years. The pay boost comes as Meta, like othe ...
Meta grants senior executives stock awards to retain talent
March 24 : Meta Platforms on Tuesday granted restricted stock units and stock options for some of its senior executives, including CFO Susan Li and Chief Technology Officer Andrew Bosworth, tying them to performance and aggressive share price targets as it looks to retain top talent.Stock awards are ...
Australia fuel shortages expand to hundreds of service stations
The country biggest supplier, South Korea, has already said that it will cap some exports
RHB raises target price for ST Engineering to $12.30, remains relatively 'conservative'
The Edge Singapore - Shekhar Jaiswal of RHB Bank Singapore has joined the wave of analysts upgrading their target prices for Singapore Technologies Engineering, with expectations that this counter, poised for steady earnings growth, deserves further re-rating to be in line with regional defence peers. In his March 25 no ...
Shares of oil player Rex International fall 35.4% on auditor’s going concern doubts
Shikhar Gupta - The group records net loss of US$152.7 million for 2025
Shares of oil player Rex International fall 22.3% on auditor’s going concern doubts
Shikhar Gupta - The group records net loss of US$152.7 million for 2025
Shares of oil player Rex International fall 20% on auditor’s going concern doubts
Shikhar Gupta - The group has a net loss of US$152.7 million for 2025
OCBC's Lim upgrades CLCT to 'hold' on expected yield-based returns of more than 8%
The Edge Singapore - Ada Lim of OCBC Group Research has on March 23 upgraded her call for CapitaLand China Trust from "sell" to "hold", with an updated view that at current levels, this REIT should enjoy support from its FY2026 distribution yield of 7.6%. Since her previous note on Feb 5 where she do ...
Gold extends gains as reports of Iran war talks offer respite
Elevated energy prices resulting from the conflict have raised the risk of inflation, leading investors to bet on higher interest rates
Philippines says grounding planes a ‘distinct possibility’
The country relies heavily on imported crude, much of it sourced from the Middle East
Oil prices drop more than 5% after Trump sends peace plan
TOKYO: Brent crude oil, the global market benchmark, dropped close to 6 per cent on Wednesday (Mar 25) after reports that US President Donald Trump sent a peace plan to Iran.At around 12.30am GMT, a bar
SpaceX aims to file for IPO as soon as this week, The Information reports
March 24 : SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, citing a person with direct knowledge of the plans.Advisers involved in the preparation predict the company could try to raise more than $75 b ...
Stocks to watch: Singapore Airlines, CapitaLand Ascendas Reit, F&N
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 25):
China’s US$1.6 trillion fund rekindles ties with US money managers
As tensions between the superpowers thaw, China Investment Corporation has held talks in recent weeks with firms
CK Hutchison unit says Panama arbitration claim now tops $2 billion
PANAMA CITY, March 24 : A unit of Hong Kong conglomerate CK Hutchison said on Tuesday it had widened its claims in an international arbitration case against Panama, saying damages had now risen to more than $2 billion.Panama Ports Company, which for nearly three decades operated the Balboa and Crist ...
BYD’s ‘God’s Eye’ flaws expose risk of rush into high-tech cars
The feature appears to fall short on its celestial promise
US Fed’s Goolsbee says inflation progress needed to cut rates this year, PBS reports
US inflation has been above target for five years now
Openreach taps Google AI to speed fibre rollout, cut emissions
LONDON, March 25 : Openreach has expanded its partnership with Google Cloud to use artificial intelligence to speed up fibre broadband construction and cut emissions from one of Britain's largest commercial vehicle fleets, the BT-owned network operator said on Wednesday.Openreach, which runs th ...
Anduril, Palantir developing Golden Dome missile shield's software, source says
March 24 : Anduril and Palantir Technologies are working together to develop software for U.S. President Donald Trump's Golden Dome antimissile shield initiative, a source familiar with the matter said on Tuesday.The $185 billion Golden Dome missile defense project aims to build a space-based s ...
US oil prices fall on prospect of Middle East ceasefire easing supply disruption
TOKYO, March 25 : U.S. crude futures fell about 4 per cent in early trade on Wednesday on the prospect of a possible ceasefire easing disruption to global oil supply, following reports that Washington had sent Tehran a 15-point plan to end the war in the Middle East.U.S. West Texas Intermediate (WTI ...
Oil falls as reports of 15-point proposal spurs ceasefire hopes
LONDON, March 25 : Oil prices sank about 5 per cent on Wednesday after reports the United States had sent Iran a 15-point proposal aimed at ending the war, prompting talk of progress toward a ceasefire and despite Israel and Iran exchanging airstrikes.Brent crude futures was down $5.66, or 5.42 per ...
Oil falls on prospect of Middle East ceasefire easing supply disruption
March 25 : Oil prices sank about 4 per cent on Wednesday after reports the United States had sent Iran a 15-point proposal aimed at ending the war in the Middle East, raising prospects of a ceasefire that could ease supply disruptions in the region.Brent crude futures fell $4.17, or 4 per cent, to $ ...
US sees 'possibility of diplomacy' with Iran as war costs rise
By Jennifer A. Dlouhy, Courtney Subramanian and Jen Judson / Bloomberg - President Donald Trump signaled that Iran had offered a “present” as a show of good faith in negotiations he has claimed are ongoing to end a 25-day conflict that’s upended global markets, even while he deploys more troops to the Middle East. Trump wouldn’t detail the gift, “worth a tremen ...
SK Hynix files for US listing that source says could raise up to $14 billion
SEOUL, March 25 : South Korean chipmaker SK Hynix announced on Wednesday it made a confidential filing for a U.S. listing in 2026, which a source said could raise as much as $14 billion.SK Hynix plans to list about 2 per cent to 3 per cent of its total shares and hopes to use the funds to help finan ...
SK Hynix files confidentiality for 2026 US listing
SEOUL, March 25 : South Korea's SK Hynix said on Wednesday it has submitted a confidential filing to the U.S. Securities and Exchange Commission for a possible listing of American depository receipts in 2026."While we aim to complete the listing within 2026, specific details - such as the ...
Meta ordered to pay US$375 million in New Mexico trial over child exploitation, user safety claims
The company has denied the allegations
OpenClaw’s rapid rise exposes ‘shadow AI’ risks in Singapore firms
Young Zhan Heng - The tool’s intrusive nature makes it unsuitable for use at an enterprise level, industry experts say
Emergency extinguisher full or empty? Crunch time for Asean’s fuel pact
Anita Gabriel - This energy crisis will test whether the bloc’s emergency fuel-sharing pact is a gentleman’s agreement in disappearing ink
Iran tells UN: ‘non-hostile’ ships can transit Strait of Hormuz
The war has all but halted shipments of about one-fifth of the world’s oil and LNG through the strait
Arm to sell its own chips, eyeing sales goal of US$15 billion
Taiwan Semiconductor Manufacturing Company will produce the chips
European stocks end choppy session higher as investors weigh Middle East risks
EUROPEAN shares settled higher after a choppy session on Tuesday, as investors weighed hopes of de-escalation in the Middle East war against...
Oil rises as supply disruption persists and Iran denies talks with US
[NEW YORK] Oil rallied on Tuesday as the biggest crude supply disruption persisted and Iran denied it held talks with the United States...
