Business
Veteran banker sees Bank Negara keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
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Business
Business
Singapore collects S$88.9 billion in tax revenue in FY2024/25, 10.7% higher than in previous year
The increased collection is driven by robust economic growth and higher consumer spending The Inland Revenue Authority of Singapore (Iras)…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2024/25 on robust growth and higher consumption
The Inland Revenue Authority of Singapore (Iras) announced that it had collected S$88.9 billion in tax revenue for the financial year of…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Business
Centurion Accommodation Reit aims to raise S$1.5 billion through IPO
It will be the first pure-play purpose-built living accommodation Reit listed on SGX Mainboard-listed Centurion Corp is spinning off…
Business
Centurion Accommodation Reit to offer 262 million units at S$0.88 apiece in mainboard listing
Mainboard-listed Centurion Corp is spinning off several of its worker accommodation properties into a Singapore-listed real estate…
Business
Australia’s multi-billion dollar energy link to Asia will focus on local data centres for now
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough…
Business
Asia: Markets mostly up as producer price data stokes rate cut bets
ASIAN equities mostly rose on Thursday as investors built on this week’s rally after US data ramped up expectations for a string of…
Business
Top Japan start-up Sakana AI touts nature-inspired tech
WHEN David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive…
Business
Toyota to manufacture EV SUVs at US Kentucky plant
The next-generation version of the model, due next year, will be manufactured in Japan, as the company announced in 2021 Toyota Motor will…
Business
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those…
Business
LHN extends rally, jumps 8.6% to record S$1.01 on SGX approval of proposed Coliwoo listing
Shares of LHN advanced for a second day straight on Thursday (Sep 11) morning after its proposed spin-off of its co-living business…
Business
LHN jumps 8.6%, closes at record high on SGX approval of proposed Coliwoo listing
The counter ends the day at S$1.01, its highest price since its April 2015 listing Shares of LHN advanced for a second day straight on…
Business
DBS hits new high at S$53.24, driving STI to all-time peak of 4,367.51 points
The Straits Times Index also hit a peak at 4,367.51 points, jumping 21.05 points within seconds of the start of trading on Thursday DBS…
Business
DBS still on a tear, crosses S$53 for first time to push STI into new territory again at 4,367.51 points
DBS shares hit a new all-time high on Thursday (Sep 11), climbing S$0.51 to S$53.24 under a minute after the market opened. The Straits…
Business
DBS’ continued run-up leaves peers OCBC, UOB in the dust
South-east Asia’s biggest banking group widens gap with peers UOB and OCBC Source link
Business
Gold inches higher as soft US PPI data fuels rate cut bets; CPI in focus
The US Federal Reserve is expected to cut interest rates at its policy meeting next Wednesday Gold edged up on Thursday (Sep 11), as…
Business
China’s US$4.5 trillion flows mark tipping point in market opening
A world-beating stock market rally has led the recent surge in two-way financial flows, which surged to an unprecedented US$4.5 trillion…
Business
UOB Private Bank the first to distribute Asia-focused private equity evergreen fund
The move caters to rising demand from rich investors for private assets that offer a measure of liquidity UOB, South-east Asia’s…
Business
Stocks to watch: Nio, UOL, Centurion, CLCT, Sing Holdings, Del Monte Pacific, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Thursday (Sep 11): Nio: The Chinese electric…
Business
TVM Capital Healthcare announces first close of US$150 million South-east Asia Fund
Investor commitments to the fund include institutional investors and cornerstone investor Invest International, which was founded by the…
Business
Chipotle plans Asia debut with stores in Singapore and South Korea
Chipotle Mexican Grill is venturing into Asia for the first time, with plans to open locations in South Korea and Singapore in 2026. It’s…
Business
South Korea Lifts Ban on VC Funding for Crypto Companies
South Korean cryptoasset-related companies can now apply for venture capital (VC) funding after Seoul abolished a seven-year-old ban. The…
Business
Bank of Japan watchers expect hike by January with 36% touting October
The central bank will kick off its September meeting shortly after the US Federal Reserve is expected to cut its policy rate Most Bank of…