Business
Volvo cars' sales volumes drop 7% in November-January period in challenging market
Sweden-based Volvo Cars sold 177,830 cars in the November-January period, down 7 per cent from the same period a year earlier, it said on…
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Business
Chinese solar shares surge after reports of visits from Musk delegations
This comes after he announces plans to build large-scale solar-cell production in the US [BEIJING/LOS ANGELES] Chinese solar shares jumped…
Business
Japans largest lender MUFG logs 6% growth in third-quarter profit
Japan’s Mitsubishi UFJ Financial Group (MUFG) booked a 6 per cent rise in third-quarter net profit, it said on Wednesday (Feb 4). The…
Business
Singapore’s payments sector raises over US$319 million in funding for 9M 2025
This surpasses combined fintech funding of US$104 million for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam Investment in…
Business
Singapore’s digital payments set to hit US$113.7 billion by 2030, cementing regional lead
Gen Z and millennial consumers are driving the shift towards cashless transactions in the city-state Digital payments in Singapore are…
Business
UBS posts higher profit, signals US$3 billion buyback with upside
Group posted a profit which beat expectations in the fourth quarter, as the bank announced a US$3 billion buyback programme for 2026 with…
Business
Nancy Guthrie: Blood Trail Spotted Outside Savannah Guthrie's Mom's Home as Cops Investigate Ransom Note Demanding Millions of Dollars in Bitcoin
Shocking new video shows a blood trail captured on camera stretching away from the Arizona home of Savannah Guthrie's missing mother. The…
Business
Nvidia AI chip sales to China stalled by US security review: report
Nvidia’s H200 AI chip sales to China remain in limbo nearly two months after US President Donald Trump approved exports, pending a US…
Business
No longer a ‘boring’ telco: Singtel’s S$13.8 billion data centre bet with KKR to power its transformation
By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to the global main stage When…
Business
No longer a ‘boring’ telco: Singtel’s multibillion-dollar data centre bet with KKR to power its transformation
By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to the global main stage When…
Business
Ford and Geely in talks for manufacturing, technology partnership, sources say
and China’s Geely are in discussions about a potential partnership, eight people with knowledge of the ongoing talks said, as the world’s…
Business
Shipping firms face tough 2026 as reopening of Red Sea looms
Maersk has made two successful passages for the first time since Yemen-based Houthis began attacking vessels in 2023 Global container…
Business
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 Thailand’s inability to…
Business
Nintendo shares slide 10% as momentum fears grow
Nintendo shares slid 10 per cent on Wednesday as investors fretted about momentum for its flagship Switch 2 gaming device. The Kyoto-based…
Business
Hong 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 A Hong Kong-based…
Business
GIC, Temasek revamp how they deal with hedge funds
APORE’S two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect…
Business
Hongkong 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…
Business
Hongkong 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 Shares of…
Business
Malaysia’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 Malaysia’s state-owned firm…
Business
Nvidia nears deal to invest US$20 billion in OpenAI round
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…
Business
Stocks to watch: Singtel, Hongkong Land, Keppel Reit, FLCT, GuocoLand, ESR-Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 4): Singtel: KKR and Singtel…
Business
More risk-taking and entrepreneurship now, but Singapore mindsets must change further
Academics and market watchers call for bolder policy design, and for moves to encourage an entrepreneurial spirit to start earlier The…
Business
Indonesian miners halt spot coal exports over proposal to cut output
Indonesian miners have halted spot coal exports after the government proposed deep production cuts, leaving Asian buyers unable to secure…
Business
Forget US megacaps. Buy Asia’s cheaper AI stocks, say analysts, naming Singapore picks
A rebalancing beyond US tech giants could unleash artificial intelligence opportunities for Asia A shift beyond US tech megacaps and…