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China to pay interest on digital yuan in bid to boost adoption
CHINA is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade…
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China’s Leapmotor targets annual sales of more than four million units in a decade
Stellantis controls a joint venture that sells and produces cars for the company overseas Chinese electric vehicle (EV) maker Leapmotor…
Business
Thai IPO drought may persist as issuers chase valuations abroad
The country’s benchmark stock index is Asia’s worst performer this year, declining about 9% Thailand’s beleaguered initial public offering…
Business
Stocks mostly rise, precious metals slip in quiet Asian trade
Asian equities mostly rose on Monday (Dec 29) in quiet post-Christmas trading as investors look ahead to the release of minutes from the…
Business
Nio shares climb as much as 6.7% on report of more CATL reliance
CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost Shares of Chinese electric…
Business
Nio shares climb 5.6% on report of more CATL reliance
CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost Shares of Chinese electric…
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Train derails in southern Mexico, killing 13 and injuring dozens
A train carrying 250 people has derailed partially in southern Mexico, killing at least 13 people and injuring 98, according to officials.…
Business
India claims US$30 billion from Reliance Industries, BP for underproduction from gas field: sources
A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields India is seeking over US$30…
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China’s LandSpace gears up to take on Elon Musk and SpaceX
The country’s state-led space programme has historically been allergic to failed launches China’s rocket startup LandSpace has made no…
Business
BOJ debated need for more rate hikes even after December move, summary shows
The central bank has said underlying inflation must durably hit its target to justify further rate hikes Bank of Japan (BOJ) policymakers…
Business
Indonesia set to revamp benchmark rates for money market
Institutions use Jibor to determine interest rates for bank deposits, swaps and consumer loans, among other things Indonesia is set to…
Business
China's BYD poised to overtake Tesla in 2025 EV sales
Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world’s biggest electric vehicle (EV) company in annual…
Business
Oil gains as investors weigh Middle East tensions
Oil prices rose in early Asian trading on Monday (Dec 29) as investors weighed Middle East tensions that could disrupt supply, while a…
Business
Frasers Property unit to lend up to 938.6 million baht to JV with two ThaiBev units
The capital injections will advance the technology and digitalisation of both Frasers Property Group and Thai Beverage Group Frasers…
Business
Return of global funds puts South-east Asia in spotlight for 2026
Global capital is coming back to South-east Asia’s stock markets this month, positioning the cohort as one of the must-watch pockets of…
Business
Why silver price has been surging even more than gold
Both have been experiencing a surge in demand from investors seeking to hedge against political turbulence, inflation and currency…
Business
Why silver prices have been surging even more than gold
Global demand for silver has outpaced the output from mines for five consecutive years Gold has staged a dramatic rally this year as the…
Business
Stocks to watch: Keppel, Keppel DC Reit, Frasers Property, ThaiBev
The following companies saw new developments that may affect trading of their securities on Monday (Dec 29): Keppel, Keppel Data Centre…
Business
Silver rises to record above US$80 in historic end-of-year rally
SILVER climbed to a record, pushing beyond US$80 an ounce for the first time to extend a historic end-of-year rally. The white metal rose…
Business
Silver crosses US$80 mark for first time; platinum hits record high
Bullion has also staged a stellar rally in 2025, climbing 72% so far and shattering multiple record highs Silver climbed above US$80 an…
Business
Bank of America chief sees economic strength ahead, even as consumer confidence slumps
Bank of America CEO Brian Moynihan says he's feeling good about where the U.S. economy is headed -- even if consumers don't quite feel the…
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Any Israeli presence in Somaliland will be a ‘target’: Houthi leader
The leader of Yemen’s Houthi rebels has warned any Israeli presence in Somaliland would be considered a “military target”, in the latest…
Business
Amid global economic uncertainty, KSH Holdings doubles down on Singapore for growth
The construction and property group is eyeing more laboratory construction projects, given its strong track record in the sector In view…
Business
Expand eligible investments as part of SFO tax framework tweak, industry observers say
Market players say that it is timely to include digital assets, precious minerals, insurance and family businesses Expanding the types of…