Business
Indonesia mulls moving 10 trillion rupiah per lender to regional banks to boost growth
The first two recipients could be Bank of Jakarta and East Java’s Bank Pembangunan Daerah Jawa Timur Indonesia is considering moving up to…
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Business
Business
CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
CGS International has upgraded its recommendation on Grab to “add”, from “hold” previously, and raised its target price by 29.6 per cent…
Business
HP bets on AI personal computers to drive revenue, eyes Asia for growth
At least one in four PCs sold by the US computer maker are AI-enabled and that could grow as customers upgrade The lockdowns stemming from…
Business
JPMorgan sees end of ‘private-for-longer’ mantra for startups
After years of facing requests from startups to help them stay private for longer, JPMorgan Chase’s clients are starting to sing a…
Business
BBVA has 8 billion euros to fund mandatory bid for Sabadell if needed: CEO
A combined entity would become one of the largest lenders in Europe by assets, with about one trillion euros BBVA has eight billion euros…
Business
BHP sharpens Asia focus; bets on copper, potash over rare earths
Asia’s demand resilience underscores the mining giant’s commitment to the region BHP is doubling down on Asia as the centre of gravity for…
Business
Thai Cabinet approves 44 billion baht stimulus programme to boost growth
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency…
Business
Thailand unveils 44-billion baht stimulus, targets growth above 2.2%
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency The Thai…
Business
Envy’s ex-directors seek bankruptcy after being found liable for breach of duties in nickel trading fraud
Judicial Commissioner Mohamed Faizal finds that Lee Si Ye and Ju Xiao had breached their duties as directors of Envy group of companies A…
Business
Goldman hikes December 2026 gold price forecast to US$4,900 per ounce
Goldman Sachs raised on Monday (Oct 6) its December 2026 gold price forecast to US$4,900 per ounce from US$4,300, citing strong Western…
Business
OpenAI’s golden touch spreads as stocks soar off mere mentions
Talk of an AI bubble has been growing louder in recent months, with some investors likening such trading to the dot-com euphoria OpenAI…
Business
Asia: Tokyo stocks hit new record as markets extend global rally
JAPANESE stocks hit another record on Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to…
Business
Singapore aims to lead region’s ammonia path to net zero: EMA chief
EMA is actively exploring the viability of combusting ammonia directly in gas turbines Singapore must move early and decisively to explore…
Business
DBS jumps 2.3% to new all-time high, drives market cap past S$150 billion
Shares of DBS Bank climbed as much as 2.3 per cent on Tuesday (Oct 7) morning, driving its market capitalisation beyond S$150 billion. The…
Business
DBS jumps 2.4% to new all-time high, drives market cap past S$150 billion
Shares of DBS climbed as much as 2.4 per cent on Tuesday (Oct 7) morning, driving its market capitalisation beyond S$150 billion. The…
Business
DBS jumps 3% to new all-time high, drives market cap past S$150 billion
Shares of DBS climbed as much as 3 per cent on Tuesday (Oct 7), driving its market capitalisation beyond S$150 billion. The counter hit…
Business
Two Australian pensions confirm merger to form A$235 billion fund
Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion (S$201…
Business
Gold notches fresh high on safe-haven demand, Fed rate-cut bets
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties Gold prices rose to an all-time high on…
Business
Eli Lilly to invest US$1 billion in India contract manufacturing
The investment plan comes days after US President Donald Trump announced a 100% tariff on imported branded or patented drugs Eli Lilly…
Business
Cboe gets nod to list firms in Australia in threat to ASX
With the approval, companies will be able to list on an exchange run by the US firm in the country Cboe Global Markets received regulatory…
Business
CapitaLand Ascendas Reit to acquire 3 Singapore properties for about S$565.8 million
It will increase the value of Clar’s portfolio in the Republic to around S$12.3 billion The manager of CapitaLand Ascendas Reit (Clar) on…
Business
Stocks to watch: CapitaLand Ascendas Reit, Thakral, ASL Marine, Del Monte Pacific
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 7): CapitaLand Ascendas Reit…
Business
OpenAI unveils ChatGPT app integration feature
OPENAI on Monday unveiled a new feature for ChatGPT, the leading generative AI model with 800 million weekly users, enabling it to…
Business
LG’s India IPO is said to attract Abu Dhabi, Norway, Singapore wealth funds
The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14…