Dollar stands tall as markets turn cautious on Middle East war
HONG KONG, March 24 : The dollar firmed slightly on Tuesday as investor sentiment turned cautious, with the war in the Middle East raging on and markets sceptical of a swift resolution even though U.S. President Donald Trump delayed the bombing of Iran's power grid.Trump wrote on his Truth Soci ...
Dollar nurses losses as markets weigh Trump delay in Iran strikes
HONG KONG, March 24 : The dollar nursed steep losses against major currencies on Tuesday in a wild start to the week after U.S. President Donald Trump delayed the bombing of Iran's power grid, a move that allayed fear of a prolonged war in the Middle East.Trump wrote on his Truth Social platfor ...
Puma fails to block registration of Tiger Woods-backed Sun Day Red trademark in Singapore
Even though both brand marks feature big cats in motion, the tribunal found that the differences in form, style and concept are...
Gold extends decline for 10th day as Iran war concerns persist
Despite the pause announced by Trump, the outcome of any negotiations and future passage of ships through the Strait of Hormuz remain...
Gold edges higher as US pullback on Iran strikes brings respite
Despite the pause, the outcome of any negotiations and future passage of ships through the Strait of Hormuz remain uncertain
Nikkei rebounds as Trump’s Iran strike delay eases war fears
[TOKYO] Japan’s Nikkei share average rose on Tuesday as investors grew hopeful of a potential de-escalation in the Middle East conflict after...
Japan finance minister says ready to act 'on all fronts' after report on oil futures intervention
TOKYO, March 24 : Japanese Finance Minister Satsuki Katayama said the government is prepared to take all necessary measures "on all fronts", but did not comment directly on the possibility of Japan intervening in the crude oil futures market.Reuters reported on Monday that Japan's gov ...
Talent fight intensifies in Hong Kong’s US$1 trillion wealth hub
The city is re-emerging as a primary destination for shifting capital, amid geopolitical volatility in the Middle East and regulatory tightening in...
Asia-Pacific private equity exits rebound, net distributions turn positive in 2025: Bain
Benjamin Cher - General partners list robust IPO markets and strong public market performances as catalysts for the rebound
Clar bulks up with S$1.4 billion Singapore, Japan buys funded by S$900 million unit issue
Shikhar Gupta - The manager also proposes an advanced distribution, expected to be S$0.0375 per existing unit
Clar bulks up with S$1.4 billion Singapore, Japan buys funded by S$900 million issue
Shikhar Gupta - The manager also proposes an advanced distribution, expected to be S$0.0375 per existing unit
CapitaLand Ascendas bulks up with S$1.4 billion Singapore, Japan buys, to fund deals with S$900 million unit issue
Shikhar Gupta - With the purchases, Clar’s Singapore AUM value will increase to about S$13.2 billion
Itochu, ERI to set up Japan venture to recycle electronics
TOKYO, March 24 : Trading house Itochu said on Tuesday it would form a Japanese venture with Electronic Recyclers International to recycle electronic equipment.Itochu also plans to buy a stake in ERI, but did not disclose details of the investment.Japan is ramping up resource-recycling efforts as ri ...
Itochu, US firm to set up Japan JV in electronics recycling
TOKYO, March 24 : Japanese trading house Itochu said on Tuesday it has agreed to form a capital and business alliance with U.S. Electronic Recyclers International, which operates an electronic equipment recycling business in the United States.The companies will establish a joint venture, ERI Japan, ...
Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, CapitaLand Ascendas Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Mar 24):
CLAR to acquire three more assets for $1.41 bil; launches $900 mil fund raise
The Edge Singapore - CapitaLand Ascendas REIT is on a shopping spree, with the acquisition of numerous asssets for around $1.41 billion, including its foray into Japan. This means since last December, CLAR is spending or has spent more than $2.2 billion to beef up its portfolio. According to its announcement on March 24 ...
CLAR to acquire three more assets for $1.41 bil; launches $900 mil fund raise (update)
The Edge Singapore - CapitaLand Ascendas REIT is on a shopping spree, with the acquisition of numerous asssets for around $1.41 billion, including its foray into Japan. This means since last December, CLAR is spending or has spent more than $2.2 billion to beef up its portfolio. According to its announcement on March 24 ...
OpenAI warns Microsoft ties pose risk ahead of potential IPO, CNBC reports
OPENAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is...
US FCC bans wireless router imports, citing security concerns
The latest development is reminiscent of a ban on smartphones developed by Chinese companies
Stoneweg Europe Stapled Trust divested office in Poland for €22.5 mil
The Edge Singapore - Stoneweg Europe Stapled Trust has divested an office in Warsaw for €22.5 million, or around $33.6 million, at a slight premium to its most recent valuation of €21.4 million. Riverside Park is described as a multi-tenant office asset completed in 2005 with approximately 12,631 sqm of net lettable ...
Wall Street-backed crypto exchange takes aim at Asia FX market using won stablecoin
The goal is to create a cheaper, digital alternative to traditional non-deliverable forwards
Japan's core inflation slows below BOJ target, complicates rate communication
TOKYO, March 24 : Japan's core consumer inflation slowed below the central bank's 2 per cent target in February for the first time in nearly four years, data showed, as government fuel subsidies offset rising import costs from a weak yen and surging oil prices from the Iran war.While the r ...
Japan's core inflation slows below BOJ target, complicates rate path
TOKYO, March 24 : Japan's core consumer inflation hit 1.6 per cent in February to slide below the central bank's 2 per cent target for the first time in nearly four years, data showed on Tuesday, complicating its efforts to justify further interest rate hikes.Analysts expect core inflation ...
Strategy seeks US$42 billion to accelerate Bitcoin buying
The company now holds more than 762,000 Bitcoin, valued at roughly US$54 billion
Trump began Iran talks as allies warned war risked disaster
BeBartenstein, Fiona MacDonald, Sam Dagher and Mirette Magdy / Bloomberg - Donald Trump’s decision to back down from his threat to destroy Iran’s power infrastructure came after US allies and Gulf countries privately warned the president of the dangers of following through with his threat, according to people familiar with the matter. The US president said Monday he wa ...
The second coming of S-chips is different
SGX is again exploring the possibility of attracting Chinese companies, but this time the strategy is far more targeted
Apple to hold annual developers conference from June 8
The iPhone maker has faced a series of setbacks in the AI race
Toyota to invest further US$1 billion to boost output at US plants
Trump has been pushing Japan and its carmakers to shift more production to America
US Fed’s Daly says no single most-likely path for rates
SAN Francisco Federal Reserve Bank President Mary Daly on Monday said that unless the Iran conflict resolves quickly and the Fed can...
Apple is set to put ads in Apple maps in services push
The company has been working to sell more ads inside of its News app as well
US crude oil futures rise over $1 in early Asia trade
March 24 : U.S. crude futures rose more than $1 in early Asia trade on Tuesday as markets assessed the supply outlook after Iran denied holding talks with the United States, contradicting President Donald Trump's earlier claim that discussions were under way.U.S. West Texas Intermediate crude f ...
Oil rises as markets assess supply risks after Iran denies US talks
Trump said a deal could be reached soon
Oil prices plunge 11% on US-Iran talks to resolve hostilities in the Middle East
Trump said a deal could be reached soon
European shares recover after Trump’s comments spark de-escalation hopes
EUROPEAN shares rebounded on Monday, snapping a three-day losing streak after US President Donald Trump said he would postpone any strikes on Iranian...
