Companies & Markets
Iran conflict, disaster risks could drive inflation pressures in Singapore, Asia: Swiss Re global CEO
Driven by recent uncertainties, Swiss Re has established a task force to monitor geopolitical hotspots
Ericsson first-quarter profit misses estimates on sluggish sales
The company has focused on slashing costs, eliminating about 5,000 jobs worldwide in 2025
Vietjet signs finance lease deal with SPDB for 10 Chinese-made Comac aircraft
The carrier currently operates 135 aircraft
Wall Street turns gloomy on US dollar as haven demand fades
Investors are once again focusing on the headwinds that drove the dollar down 8 per cent in 2025
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IMF expects ECB to raise rates by half a percentage point in 2026
The ECB’s main interest rate is currently set at 2 per cent
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
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