Business
Analysts say StarHub can benefit from consolidation, Singtel to a more ‘limited extent’
Recent surprise acquisitions in Singapore’s telecommunications space may have raised eyebrows, but analysts see the moves by StarHub, M1…
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Business
Business
StarHub can benefit from consolidation, Singtel to a more ‘limited extent,’ analysts say
Recent surprise acquisitions in Singapore’s telecommunications space may have raised eyebrows, but analysts see the moves by StarHub, M1…
Business
Thailand’s central bank cuts key rate by 25 bps, as expected
Thailand’s central bank lowered its key interest rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months as it looks to…
Business
Thailand’s central bank cuts rates to lowest in two years to support growth
Thailand’s central bank lowered its policy rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months, to support a…
Business
DBS sees rising demand for yuan settlements from Chinese exporters
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi…
Business
Japan's Nikkei tops 43,000 for first time ever
Japan’s Nikkei share average breached the 43,000-mark for the first time on Wednesday (Aug 13), with the broader Topix index also scaling…
Business
Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%
The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of…
Business
Trump Even Considered Re-Appointing Janet Yellen as Fed Chair in Jerome Powell's Place, Treasury Secretary Scott Bessent Says
President Trump is keeping a "very open mind" regarding a successor for Federal Reserve Chairman Jerome Powell and has even considered…
Business
Paytm shares surge after RBI grants payment aggregator license
Shares of One 97 Communications surged to the highest level in over three years after its unit received approval from India’s central bank…
Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Business
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1 amid higher interest expenses
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…
Business
Suzuki’s India unit doubles down on SUVs as small cars slide
Maruti Suzuki India is set to expand its sports utility vehicle (SUV) portfolio with a second mid-sized model, sources familiar with the…
Business
Circle falls after company, holders offer 10 million shares
Shares of Circle Internet Group fell after the second-largest stablecoin issuer and a group of shareholders, including co-founder and…
Business
Sea soars 18.9% on NYSE after Shopee and Monee-powered surge in Q2 earnings
Its shares are up 64.1% in the year to date and have quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Shopee, Monee power Sea Q2 earnings; stock soars 18.9% on NYSE
Its shares are up 64.1% in the year to date and have quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Shopee, Monee power Sea Q2 earnings; shares soar 18.9% on NYSE
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Shopee, Monee power Sea’s market value to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Shopee, Monee power Sea’s market cap to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Shopee, Monee power Sea’s value to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Japan starts anti-dumping probe into Chinese, South Korean steel goods
The decision follows an application in April by four firms, including Nippon Steel and Kobe Steel Japan will begin an anti-dumping probe…
Business
Pony AI nears full-year robotaxi target despite scaling hurdles
Robotaxi services revenue has climbed 158% to US$1.5 million in the second quarter from the same period in 2024 Pony AI said that it was…