Fashion
Chandra Asri gets US$250 million loan to fund equity in Esso deal
The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions in Asia-PacificPublished Tue, Jan 27, 2026 · 11:11 AM[SINGAPORE] Indonesian energy and...
Gold, silver rise to near record highs on lingering safe-haven demand
The white metal has already surged 55% so far this year.Published Tue, Jan 27, 2026 · 10:54 AM[BENGALURU] Gold rose on Tuesday (Jan 27), after breaking through the US$5,100...
Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer[SINGAPORE] Shares of Nam Cheong rose S$0.10 or 9.3 per cent in intraday trading to hit S$1.18 at...
Indonesia’s captive power plants putting energy transition at risk, researchers say
Published Tue, Jan 27, 2026 · 10:37 AM[JAKARTA] Efforts to decarbonise Indonesia’s power sector have been put at risk by a faster than expected increase in the number of...
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
[SINGAPORE] The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said UOB Kay Hian (UOBKH).The STI...
Apollo took loss on zeroed out asset-backed loan deemed safe
Other investors have lost hundreds of millions of US dollars in recent years betting on e-commerce aggregators[LOS ANGELES] Apollo Global Management took a loss on a portion of a...
STI breaks 4,900 amid expectations for Fed to hold rates steady
[SINGAPORE] The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) morning and crossed the 4,900 threshold for the first time. As at 9.10 am, the benchmark...
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation[SINGAPORE] The US dollar still dominates global trade, but the use of the Chinese renminbi (RMB) has...
UOL up 7% at highest price in two decades after JPMorgan target price upgrade
[SINGAPORE] Shares of UOL Group climbed to their highest price in around two decades on Tuesday (Jan 27) morning after JPMorgan raised its target price for the property developer...