Companies & Markets
Hormuz blockade stirs tension over Malacca strait near Singapore
The Strait of Malacca is also more than five times longer than the Strait of Hormuz, providing ample scope for disruption
London metals index at record high on aluminium ‘black hole’ fear
The metal has risen about 15% since the start of the Iran war
OpenAI to spend more than US$20 billion on Cerebras chips, receive stake: The Information
OPENAI has agreed to pay chip startup Cerebras more than US$20 billion over the next three years to use servers powered by the company’s chips, under a deal that could also give the ChatGPT maker an e...
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
The Singaporean bank has a presence in Indonesia with its Jakarta-listed subsidiary Bank OCBC NISP Tbk
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Robotic legs help elderly Hong Kong fire survivors climb back for belongings
The complex’s apartment towers have 31 floors, making the climb difficult for many elderly former residents
Charles Schwab revenue misses estimates even as client assets climb
The firm has reported a 39% increase in daily average trades in March compared with a year earlier
BOJ chief avoids hints of April rate hike, shattering hawkish market bets
Uncertainty stemming from the Middle East conflict remains high
Despite Iran war impact, Changi Airport Q1 passenger traffic up 2.3% on North Asia, Europe demand
It hits a record 70.4 million for the 12 months ended March 2026
Australian shares fall as doubts over US-Iran deal persist; banks, miners drag
AUSTRALIAN shares slipped on Friday, dragged by miners and banks, while domestic fuel supply concerns and doubts over whether upcoming US-Iran peace talks would help ease disruptions in the Strait of ...
Allbirds sinks as 582% AI surge comes to screeching halt
The company says that it plans to rebrand itself as NewBird AI
