Business
UBS rejects proposed Swiss bank rules, moots less costly alternatives
The lender warns the proposal would add huge costs and threaten the continuation of its successful business model UBS on Monday (Jan 12)…
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Business
China battery shares drop on plan to cut export tax rebates
From April, discounts on 22 battery-related goods will be cut from 9% to 6%, with a complete removal planned from 2027 Chinese battery…
Business
South Korea makes checks on increasing US dollar deposits as won falls
South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank…
Business
Xpeng hires banks for flying car unit IPO in Hong Kong: sources
Xpeng Aeroht’s first mass-produced flying vehicle is scheduled for customer delivery in late 2026 Xpeng has hired banks to work on an…
Business
HSBC launches UAE asset management business to tap into wealth influx
The bank has focused its growth efforts on regions such as Asia and the Middle East HSBC is opening an asset management business in the…
Business
Europe and China’s feud over chips is reaching a breaking point
An effort by Europe to stand up to China and retain local technology is approaching a breaking point. In a fight over a critical link in…
Business
Returns generated by GIC, Temasek ‘reasonable and within expectations’: Jeffrey Siow
He says Temasek operates mainly as a ‘bottom-up investor’, while GIC’s mandate is to preserve the international purchasing power of the…
Business
US to host meeting on rare earths as China-Japan spat simmers
The discussions are expected to also include officials from Australia, South Korea, India, Mexico and the European Union THE US will host…
Business
Australia to prioritise antimony, gallium, rare earths in A$1.2 billion reserve
Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion (S$1 billion) strategic reserve, it said…
Business
Vietnam central bank cuts credit growth target to 15% this year
The new target is lower than the 16% the bank initially set for 2025 before raising it during the year Vietnam’s central bank has cut its…
Business
Japan sets sail on rare earth hunt as China tightens supplies
Since the 2010 scare, the Japanese government and private companies have built stockpiles of the minerals A Japanese mining ship departed…
Business
Invest in 3 safe haven assets as geopolitical tensions rise, the Singdollar is one: UOB
The bank has identified gold, the Japanese yen, and the Singapore dollar as good defensive bets Rising geopolitical risks are amplifying…
Business
Budget 2026: SBF, PwC jointly propose centralised digital IP registry, expanding JS-SEZ to include Indonesia
The expanded JS-SEZ could create a more integrated and attractive proposition for global investors, say SBF and PwC Developing Singapore…
Business
Stocks to watch: SGX, Nam Lee
The following companies saw new developments that may affect trading of their securities on Monday (Jan 12): Source link
Business
Nam Lee’s Joanna Yong ceases to be chairman
The requisitioning shareholders’ rationale for the removal has yet to be announced Shareholders of Nam Lee Pressed Metal Industries voted…
Business
OmniVision rises in Hong Kong debut after HK$4.8 billion offering
Chinese hardware makers have been particularly popular with investors amid Beijing’s support for the local semiconductor industry CHIP…
Business
Chinese semiconductor firm OmniVision jumps 16.2% in Hong Kong trading debut
Shares of OmniVision Integrated Circuits jumped 16.2 per cent in their Hong Kong debut on Monday (Jan 12), after the Chinese semiconductor…
Business
Australian rare earths miner VHM scraps offtake deal with China’s Shenghe Resources
The Melbourne-headquartered firm has secured up to US$200 million in funding from the US Exim AUSTRALIAN rare earths miner VHM said on…
Business
E-commerce platforms such as Shopee expand into insurance, drawing closer regulatory scrutiny
Questions around governance and oversight of the digital sales channels come into sharper focus E-commerce giant Shopee is moving beyond…
Business
UOI bets on hybrid insurance model as customers seek both digital ease and human touch
It also offers specialised products that meet specific consumer needs, such as Singapore’s first dedicate cruise insurance Even as…
Business
‘One of the best years ever’: DBS’ equities head sees buoyant 2026 for Singapore IPOs
Art Karoonyavanich says the bank is involved with ‘quite a number’ of companies that could go public this year Initial public offering…
Business
SGX-Nasdaq bridge may be a model for more dual-listing arrangements with other jurisdictions
With the STI delivering strong returns, companies that choose to list in Singapore have to be prepared to compete for the attention of…
Business
E-commerce platforms such as Shopee expand into insurance amid tighter regulatory scrutiny
Questions around governance and oversight of the digital sales channels come into sharper focus E-commerce giant Shopee is expanding…
Business
More bonds teetering on the brink of junk
About US$55 billion of US corporate bonds migrated from investment-grade to junk status in 2025 Beneath the calm surface of the US…