South Korea's Kia cuts 2030 EV target over 20%, plans humanoid robots at US factory
SEOUL, April 9 : South Korea's Kia Corp said on Thursday that it aims to sell 1 million electric vehicles (EVs) by 2030, lowering its earlier target by about 20 per cent from 1.26 million announced last year, reflecting weaker EV demand and the impact of the U.S. scrapping EV subsidies last yea ...
Arm CEO Haas in line to lead much of parent SoftBank's international business, FT reports
April 9 : Chip designer Arm's CEO Rene Haas is in line to lead much of parent SoftBank Group's international business while keeping his current role at Arm, the Financial Times reported on Thursday, citing multiple people familiar with the matter. SoftBank and Arm, which is majority-owned ...
OVHcloud launches new unit to meet demand from European militaries
April 9 : France's OVHcloud is creating a dedicated defence vertical after several European defence ministries approached it to support their military digital transformation, the datacentre operator said on Thursday.Their needs include AI-augmented command, drone orchestration and communication ...
Sheng Siong, DBS among winners from Singapore’s S$1 billion energy support package: RHB
Deon Loke - Most direct equity beneficiaries are in consumer staples and heartland retail, it says
Samsung family member is said to sell up to 3.1 trillion won in shares
The seller is also conducting a sale of 206,633 preferred shares, according to the terms
Hilton inks agreement with Regenta Hotels to sign, open 125 Hampton by Hilton hotels in India
Jovi Ho - New York-listed hospitality chain Hilton has signed an agreement with Regenta Hotels to sign and open 125 Hampton by Hilton hotels in India. According to an April 8 announcement, the partnership accelerates Hilton’s upper-mid-scale expansion in India, where rising domestic travel and growing deman ...
BOJ chief says Japan's financial conditions remain accommodative
TOKYO, April 9 : Bank of Japan Governor Kazuo Ueda said on Thursday real interest rates are clearly negative and keeping the country's financial conditions accommodative."There is a possibility increased fiscal spending could crowd out private investment by pushing up market interest rates ...
Australian pensions suffer worst month since 2022 on Iran War
While shares have rebounded in April, markets were back on edge by Apr 9
Foreign investors pour $18.65 billion into Japanese stocks on return after three weeks
April 9 : Japanese stocks witnessed a huge influx of foreign funds in the week through April 4, a turnaround from three successive weeks of selling, with investor sentiment stabilizing ahead of a ceasefire in the Iran war.Foreigners invested a net 2.96 trillion yen ($18.65 billion) into Japanese sto ...
ESR secures US$850 million from existing shareholders to fund Asia growth
The company says that it serves more than 1,500 logistics customers
China tankers join line to test Hormuz exit and US-Iran ceasefire
A successful crossing is not yet guaranteed, as several vessels have turned back at the last moment
Costly renewals: Transforming an old landed house into your dream home is getting harder
Corinne Kerk - Rising land and construction costs have made landed property ownership much more elusive
Goldman Sachs lowers second-quarter 2026 oil price forecasts
April 9 : Goldman Sachs trimmed its second‑quarter 2026 forecasts for Brent and U.S. crude to $90 and $87 a barrel, respectively, late on Wednesday, after the U.S. and Iran agreed on a two-week ceasefire.Previously, the bank forecast Brent and West Texas Intermediate (WTI) oil prices to average $9 ...
Time to buy US AI, tech names if Middle East de-escalation holds, say analysts
Chloe Lim - Singapore will also be the first to see clear benefits as AI comes to fore in Asia
URA puts up two prime condo sites at Newton, River Valley for sale
Ry-Anne Lim - They are expected to yield 785 new private homes in total
Japan Finance Minister flags impact of cross-market volatility on interest rates
TOKYO, April 9 : Japanese Finance Minister Satsuki Katayama said on Thursday recent market turmoil has underscored how sharply interest rates can be driven by volatility spilling over from other markets, a dynamic she said had become too significant to overlook."Financial markets have seen an e ...
Malaysian tycoon Syed Mokhtar said to mull property company IPO
WM Senibong develops property including luxury homes in Malaysia’s Johor state
SBF refreshes TAC Alliance; new capability framework, corporate governance badge unveiled
Low Youjin - This will help trade associations and chambers better navigate a more volatile operating environment, says SBF
SBF refreshes TAC Alliance with new capability framework, corporate governance badge
Low Youjin - This will help trade associations and chambers better navigate a more volatile operating environment, says SBF
US court expedites Anthropic's legal battle with Department of Defense
The ruling stems from the Pentagon designating Anthropic, creator of the Claude AI model, as a national security supply chain risk - a label typically reserved for organisations from unfriendly foreign countries.
Disney plans to cut 1,000 jobs, WSJ reports
WALT Disney is planning to cut as many as 1,000 positions in the coming weeks, many of which will be made in...
Shippers rush for Hormuz insurance after truce deal, broker says
The strait has remained largely blocked on Apr 8
World’s richest notch second-biggest one-day gain on Iran tumult
The surge comes almost exactly one-year after the richest gained a record US$304 billion in a day
Asian stocks turn cautious as reality intrudes in Gulf
[SYDNEY] Asian share markets were in a more sober mood on Thursday as cracks quickly began to appear in the fragile Gulf...
UK homebuyer demand slumps as borrowing costs spiral
Agents in Scotland and Northern Ireland have continued to report rising prices
Thailand’s bond slump seen deepening as inflation concerns mount
The nation is particularly exposed to energy shocks, with more than half of its oil imports sourced from the Middle East
Dollar wobbles as fragile US-Iran ceasefire keeps markets on edge
TOKYO, April 9 : The dollar remained on a shaky footing on Thursday after broad losses, as investors anxiously assessed whether a fragile two-week ceasefire between the United States and Iran would hold.The ceasefire deal appeared to be on thin ice, as Israel continued its parallel war against the I ...
Dollar steadies as fragile US-Iran ceasefire weighs on markets
TOKYO, April 9 : The dollar caught its breath in early Thursday trade after broad losses, as investors anxiously assessed whether a fragile two-week ceasefire between the United States and Iran would hold.The dollar index,, which measures the greenback against a basket of currencies including the ye ...
Dollar steadies, struggles to rebound as fragile US-Iran ceasefire keeps markets wary
TOKYO/LONDON, April 9 : A fragile calm reigned across currency markets on Thursday as traders kept their eyes fixed on whether the ceasefire between the U.S. and Iran would hold, a day after its announcement sent the dollar tumbling across the board. The deal appeared to be on thin ice, as Israel bo ...
Dollar steadies but struggles to bounce back as fragile US-Iran ceasefire keeps markets wary
TOKYO/LONDON, April 9 : There was a fragile calm across currency markets on Thursday as traders kept their eyes fixed on whether the ceasefire between the U.S. and Iran would hold, a day after its announcement sent the dollar tumbling across the board. The deal appeared to be on thin ice, as Israel ...
Asian stocks in sober mood as oil rises on Middle East truce doubts
SYDNEY, April 9 : Asian share markets were in a sober mood on Thursday as cracks quickly began to appear in the fragile Gulf truce, nudging oil prices back up and reminding investors the inflationary fallout would last a long time yet.Crucially, there was scant sign that the Strait of Hormuz was ope ...
Asia stocks turn cautious as reality intrudes in Gulf
SYDNEY, April 9 : Asian share markets were in a more sober mood on Thursday as cracks quickly began to appear in the fragile Gulf ceasefire, nudging oil prices back up and reminding investors the inflationary fallout will last for a long time yet.There was scant sign that the Strait of Hormuz was op ...
Crude rises, stocks fall on fears over nascent Iran ceasefire
HONG KONG: Oil prices climbed and most stocks fell on Thursday (Apr 9) on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities as Israel launched a major bombardment of Lebanon.
Plastic prices spiking 55% has toymaker worried about Christmas inventory
While the US petrochemical market is more insulated, consumer packaging firms are already feeling the strain
