Business
Japan’s corporate debt sales set for another banner year in 2026
The country’s record debt sales coincide with strong issuance of dollar bonds by Asia borrowers Bankers expect another blockbuster year…
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Business
Business
China extends policy allowing banks to sell bad personal loans
Chinese banks are accelerating write-offs and transfers of bad assets to shore up asset quality as margins have hit record lows CHINA’S…
Business
Keppel Pacific Oak US Reit obtains US$37.5 million loan facility
It will have ‘substantially addressed’ its refinancing needs for 2026 once the facility is executed Keppel Pacific Oak US Reit (Kore) has…
Business
Stocks to watch: Wee Hur, Stoneweg Europe Stapled Trust, Keppel Pacific Oak US Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 7): Wee Hur: The property…
Business
Chat platform Discord to file confidentially for IPO
The company has come under pressure from state governments over its safeguards around child safety Discord filed confidentially for an…
Business
Nvidia CEO says purchase orders, not formal declaration, will signal Chinese approval of H200
Nvidia CEO Jensen Huang said on Tuesday he does not believe China’s government will make a formal declaration that it has allowed Chinese…
Business
Sandisk’s 1,000% rally is turbocharged by Nvidia CEO’s remarks
Sandisk shares jumped as much as 25 per cent on Tuesday (Jan 6) hitting a record in their best intraday performance since February, after…
Business
European stocks close at record high after economic data
EUROPEAN shares scored another record close on Tuesday, after benchmarks in Germany and Spain climbed to all-time highs, as positive local…
Business
US stocks: Dow ends at record high; chip stocks jump on AI optimism
WALL Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average…
Business
AIG CEO Zaffino to step down and transition to executive chair
Insurance industry veteran Eric Andersen will be its new president and CEO-elect, effective Feb 16 Insurance giant American International…
Business
Razer dives into AI for consumers, professionals and gamers
The company will invest more than US$600 million into AI over ‘the next couple of years’ Razer, the gaming peripherals company that went…
Business
Wall St opens muted after financials-driven rally
Wall Street’s main indexes opened subdued on Tuesday (Jan 6), as investors took a breather after the main indexes posted their biggest…
Business
BYD outsells Tesla in Europe’s two biggest EV markets
The Chinese automaker expands overseas as growth slows at home amid a crackdown on discounting BYD outsold Tesla in Europe’s two largest…
Business
Morgan Stanley files for Bitcoin, Solana ETFs in digital assets push
The bank deepens its crypto presence as regulatory clarity under Trump pushes finance companies to adopt digital assets Morgan Stanley is…
Business
Ley Choon’s mainboard bid set to be a price catalyst
In January 2025, I wrote that Ley Choon Groupmight be a stock to watch, as the provider of underground utilities infrastructure…
Business
China buys more US soybeans, total purchases near 10 million tons
China’s state stockpiler Sinograin bought 10 US soybean cargoes this week, three traders told Reuters on Tuesday (Jan 6), as the world’s…
Business
London’s FTSE 100 climbs to record high on energy, defence gains
The UK’s FTSE 100 climbed to a record high on Tuesday (Jan 6), holding steady above the 10,000-point mark, with oil and defence stocks…
Business
China’s central bank pledges to cut RRR, interest rate in 2026
The central bank will make flexible and efficient use of multiple monetary policy China’s central bank said on Tuesday (Jan 6) it will cut…
Business
Vietnam Poised to Overtake Thailand in Economic Size as Infrastructure Push Fuels Growth
Vietnam is on course to surpass Thailand in economic size measured by nominal gross domestic product (GDP) as early as this year, driven…
Business
Attacks on Fed independence undermine US dollar: ECB’s Villeroy
He says fears of the US weaponising dollar-based payments are driving some to build alternatives The US administration’s criticism of the…
Business
US dollar slide sharpens case for Singapore stocks, says OCBC equities research head
Reits stand out as they offer good dividend yields with a cushion of at least 5 to 6% Foreign investors seeking to diversify away from US…
Business
Singapore stocks gain more ground amid mixed regional showing; STI up 1.3%
Across the broader market, losers edge out gainers 284 to 282, after 1.7 billion securities worth S$1.8 billion change hands Singapore…
Business
Prudential announces US$1.2 billion share buyback
The repurchase represents about 3% of its issued share capital, based on the Jan 5 closing price — Prudential will start a fresh share…
Business
Wee Hur plants flag in international schools sector with Wycombe Abbey project in Hougang
Group kicks off new projects with international school JV, Hotel Miramar acquisition and Upper Thomson condo while doubling down on…