Business
Brokers name Stoneweg Europe Stapled Trust as preferred pick for 2026
Phillip Securities and RHB have named Stoneweg Europe Stapled Trust (Sert) as a preferred stock pick in their strategy outlook reports for…
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Business
Business
DayOne Data Centers raises over US$2 billion to fund Europe, Asia expansion
DayOne Data Centers has entered into definitive agreements for over US$2 billion in its Series C equity financing, led by existing…
Business
Japan's Nikkei marks a closing high on improving corporate profit outlook
Japan’s Nikkei share average marked a record closing high on Tuesday (Jan 6) as the outlook for domestic company’s profits improved. The…
Business
Cathay Pacific CEO says Air China’s HK$1.3 billion stake sale a ‘tactical’ move
Swire Pacific will remain the largest shareholder with a 47.65% stake after the buyback Cathay Pacific Airways CEO Ronald Lam said on…
Business
AMD unveils new chip for corporate data centres, talks up demand
The company is widely regarded as the closest rival to Nvidia in the market for chips that create and run AI software Advanced Micro…
Business
China’s Hengyi pushes ahead with Brunei oil refinery expansion
China’s Hengyi Petrochemical will embark on a long-planned expansion of its Brunei oil refinery, more than doubling its capacity in the…
Business
CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages Hisamitsu…
Business
Pop Mart adds Mexico production site to boost US supply
POP Mart International Group said a new manufacturing hub in Mexico has started operations, supplying collectible toys to meet surging…
Business
Revitalised IPO market, policy tailwinds could drive STI past 5,000 by end-2026: analysts
Regional stocks also up, with Japan’s Nikkei index closing at all-time high of 52,518.08 points The Straits Times Index (STI) could breach…
Business
Asian stocks extend record rally while oil, dollar drift
Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped…
Business
Singapore investment banking fees climb to US$864.6m in 2025, highest in 4 years
DBS leads in fees earned; local firms issue a total of 38 IPOs last year, raising US$2.5 billion Investment banking fees generated in…
Business
McDonald’s rival Jollibee plans US listing for global business
Shares of Jollibee Foods jumped the most in more than five years, after it announced plans to spin off its international business and list…
Business
Next global rebalancing likely to dwarf 2008 financial crisis: George Yeo
The anticipation of such a rebalancing explains why the price of gold has continued to climb, says former Singapore foreign minister A…
Business
Gold dips from one-week high on steady dollar; other precious metals slip
Gold prices dipped on Tuesday (Jan 6), easing from a one-week high reached in the previous session when it rose nearly 3 per cent towards…
Business
STI crosses 4,700 mark for first time buoyed by DBS, OCBC gains
The blue-chip Straits Times Index (STI) breached the 4,700-point mark for the first time on Tuesday (Jan 6), setting it on course for a…
Business
Japan’s cash in circulation falls for first time in 18 years in 2025 on BOJ stimulus exit
Japan’s monetary base, or cash in circulation, declined for the first time in 18 years in 2025 as the central bank weaned off massive…
Business
Samsung likely to flag 160% jump in Q4 profit as AI boom stokes chip prices
Samsung Electronics is expected to flag a 160 per cent jump in its fourth-quarter operating profit spurred by a severe chip shortage that…
Business
Concord New Energy up over 8% a day after flat debut on SGX
Concord New Energy, Singapore’s first listing of the year, recovered in early trading on Wednesday (Jan 7) following a muted opening on…
Business
Intel shows off new computers that are central to comeback bid
The performance of the new products is vital to the turnaround plans of the embattled chipmaker Intel showed off laptop computers based on…
Business
Tesla UK car sales slump 29% in December as competition heats up: data
TESLA’S UK car registrations dropped by more than 29 per cent year-on-year in December, industry data showed on Tuesday, underscoring the…
Business
Lucid, Nuro, Uber debut robotaxi ahead of launch this year
Lucid Group, Nuro and Uber on Monday (Jan 5) unveiled a production-intent robotaxi, marking a key step towards commercial deployment for…
Business
Stocks to watch: Creative, iFast, Concord New Energy, Digital Core Reit, Ley Choon
The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 6): Creative Technology: Sim Li…
Business
US auto sales defy regulatory uncertainty to rise 2% in 2025
Sales of new cars in the United States rose about 2 per cent in 2025, defying extraordinary disruptions all year in an industry where…
Business
AI video generation leads China’s Kuaishou to 84% stock surge
The company has projected US$140 million in annual revenue for 2025 from AI video FEW major companies have tried to pull off a pivot to…