Posts by Swedan Margen
Global investors shun Thailand as election overhang hits assets
The nation’s assets have fallen out of favour amid a sluggish economy, weak tourism and recurring political unrest Published Wed, Feb 4, 2026 · 12:16 PM [SYDNEY] Thailand’s inability to revive its economy has left its stocks and bonds in an unenviable position: cheap, unloved and increasingly irrelevant. Some of the world’s biggest money managers…
Read MoreNintendo shares slide 10% as momentum fears grow
Published Wed, Feb 4, 2026 · 12:01 PM [TOKYO] Nintendo shares slid 10 per cent on Wednesday as investors fretted about momentum for its flagship Switch 2 gaming device. The Kyoto-based gaming company on Tuesday reported robust sales for the Switch 2 during the year-end shopping season, though the system is viewed as lacking high-profile…
Read MorePhilippine garment makers find they can’t quit the US just yet
Published Wed, Feb 4, 2026 · 11:55 AM [MANILA] When US President Donald Trump set a 19 per cent tariff on exports from the Philippines last July, its key body representing foreign buyers of apparel, including Walmart and Neiman Marcus Group, pledged to shift gear and focus on other destinations such as the Middle East…
Read MoreHong Kong property bets grow as private credit fund plans to double investment
The commercial real estate sector remains under pressure, offering opportunities for lenders willing to take more risk Published Wed, Feb 4, 2026 · 11:29 AM [HONG KONG] A Hong Kong-based private credit fund aims to double its lending into distressed opportunities in the city, adding to a growing list of money managers positioning for further…
Read MoreGIC, Temasek revamp how they deal with hedge funds
Published Wed, Feb 4, 2026 · 10:58 AM SINGAPORE’S two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect billions of dollars in allocations. Sovereign wealth fund GIC is in the midst of a shakeup of its external managers department, replacing its veteran head and…
Read MoreGold extends rally, jumps over 2% after best day since 2008
A weaker US dollar makes greenback-priced bullion more affordable for holders of other currencies Published Wed, Feb 4, 2026 · 10:01 AM Gold prices climbed more than 2 per cent on Wednesday (Feb 4), building on their best day since 2008 in the previous session, as bargain-hunting and a softer US dollar supported bullion. Spot…
Read MoreSingdollar bond issues may match recent highs due to geopolitical uncertainty: OCBC
Refinancing activity on perpetual securities issued during the Covid-19 pandemic years might also help [SINGAPORE] The outlook for the Singapore dollar-denominated bond market in 2026 is an “optimistic” one, with issuance volumes likely to approach the decade-high levels seen over the past two years. This is on the back of continued demand for relatively stable…
Read MoreHongkong Land jumps 5% briefly to 10-year high on Singapore private fund launch
Counter gives up some gains later in the morning; new fund includes company’s stakes in Marina Bay Financial Centre Towers 1 and 2, Marina Bay Link Mall and One Raffles Quay [SINGAPORE] Shares of Hongkong Land rallied in early trade on Wednesday (Feb 4), after it launched a S$8.2 billion Singapore private fund for commercial…
Read MoreHongkong Land closes 0.6% lower after hitting 10-year intraday high on Singapore private fund launch
New fund includes company’s stakes in Marina Bay Financial Centre Towers 1 and 2, Marina Bay Link Mall and One Raffles Quay [SINGAPORE] Shares of Hongkong Land rallied in early trade on Wednesday (Feb 4), after it launched an S$8.2 billion Singapore private fund for commercial real estate. The fund counts at least two sovereign…
Read MoreMalaysia’s Petronas set to sign LNG supply deal with QatarEnergy: sources
Petroliam Nasional is up against dwindling domestic gas reserves while local demand for the fuel rises Published Wed, Feb 4, 2026 · 09:13 AM [DOHA] Malaysia’s state-owned firm Petronas is set to sign a liquefied natural gas (LNG) supply deal with QatarEnergy as the South-east Asian nation seeks more supplies of the super-chilled fuel, two…
Read MoreIATA says US air travel to lag global growth in 2026 and beyond
Published Wed, Feb 4, 2026 · 08:53 AM [SINGAPORE] Travel demand in the US is unlikely to catch up to international growth in the near future, the head of the leading global aviation association said at the Singapore Airshow. “Expected growth in the US market is lower than the global average,” International Air Transport Association…
Read MoreNvidia nears deal to invest US$20 billion in OpenAI round
Published Wed, Feb 4, 2026 · 08:31 AM [SAN FRANCISCO] Nvidia is nearing a deal to invest US$20 billion in OpenAI as part of its latest funding round, according to sources familiar with the matter, marking the chipmaker’s single biggest investment in the ChatGPT developer. Nvidia’s contribution is close to being completed, according to the…
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