Business
China’s BYD to complete US$1 billion Indonesia plant by year-end: executive
CHINA’S top electric vehicle maker BYD aims to complete its US$1 billion plant in Indonesia at the end of 2025, the head of its local unit…
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Business
Vietnam plans tax breaks, fee cuts to lure overseas investors
VIETNAM’S authorities are planning a series of reforms to lure more overseas investors to the stock market in an effort to ensure…
Business
Big Banks Quit Climate Change Groups Ahead of Trump’s Term
As the second presidency of Donald J. Trump begins, America’s largest banks and asset managers have abandoned one of the most overt…
Business
Malaysia Airports buyout offer extended to Feb 4
A TAKEOVER offer for Malaysia Airports Holdings by a consortium comprising the country’s sovereign wealth fund and BlackRock has been…
Business
Indonesia opens domestic carbon market to global investors
INDONESIA’S domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for…
Business
Chinese soda maker Dayao is said to consider US$500 million Hong Kong IPO
CHINESE soda maker Dayao is gearing up for a Hong Kong initial public offering (IPO) as early as the second half of 2025, sources familiar…
Business
Marine stocks are booming; analysts predict further growth on growing demand
MARINE stocks listed on the Singapore Exchange have been booming over the past year – and even beyond – and analysts are optimistic on…
Business
YZJ, Seatrium stocks ride wave of upcycle orders; smooth sailing ahead seen for marine sector
MARINE stocks listed on the Singapore Exchange have been booming over the past year, and analysts are optimistic on continued growth for…
Business
Thailand hunts for central bank chief with ‘modern ideas’
THAILAND has started the search for a new central bank governor with “modern ideas” who can work closely with the state, as the…
Business
Rakuten billionaire justifies mobile arm losses with big AI bet
RAKUTEN Group’s chief dismissed sceptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is…
Business
AL Club Favored To Land $427 Million Vladimir Guerrero Jr. In Massive Trade
Share ✓ Link copied to clipboard! The Toronto Blue Jays could explore the idea of trading their superstar infielder Vladimir Guerrero Jr.…
Business
Singapore shares open Monday lower ahead of Trump inauguration; STI down 0.3%
SINGAPORE shares began Monday (Jan 20) trading in negative territory while markets abroad finished higher ahead of Trump’s inauguration.…
Business
Singapore shares end lower ahead of Trump inauguration; STI down 0.1%
SINGAPORE stocks closed slightly lower on Monday (Jan 20) ahead of Donald Trump’s presidential inauguration in the US, even as most…
Business
Asia private credit funding hits eight-year low on China slump
ASIA’S private credit market faces diverse challenges in 2025 after fundraising dropped to an eight-year low and concerns over China’s…
Business
Stocks to watch: Sembcorp, CDL, Frasers Property, Sabana Reit, ValueMax
THE following companies saw new developments that may affect trading of their securities on Monday (Jan 20). Sembcorp Industries: The…
Business
Hedge funds kept US$1.8 trillion as fees, half their total gains
HEDGE funds have long been regarded as notoriously expensive. A new research reveals just how costly they truly are for their clients. Of…
Business
CDL’s Kiwi unit makes NZ$2.25-a-share offer to delist M&C New Zealand
CITY Developments Ltd’s (CDL) wholly owned subsidiary intends to purchase all the fully paid ordinary shares in hotel company Millennium &…
Business
Trump says Apple CEO to make large investment in US
US PRESIDENT-ELECT Donald Trump said on Sunday he spoke with Apple CEO Tim Cook. “He said they’re going to make a massive investment in…
Business
Australia’s Star Entertainment reports second-quarter loss
AUSTRALIA’S troubled casino operator Star Entertainment reported a second-quarter loss on Monday, adding to the rising uncertainty about…
Business
China tech stock hedges cheapen before Trump becomes president
WITH Donald Trump about to start a second term in the White House, investors around the globe are bracing for big changes in trade…
Business
Veteran Driver Issues Scathing Statement After Daytona 500 Disqualification
Veteran NASCAR driver Mike Wallace was recently disqualified from the 2025 Daytona 500 due to not having raced in the past five years,…
Business
BYD’s supply chain financing masks ballooning debt: GMT
BYD’S reliance on financing from working capital has masked surging debt levels at the Chinese electric vehicle (EV) giant, according to…
Business
Contrarian bet emerges that next Fed move is higher, not lower
IT’S at best, a longshot, but one that’s emerged among a group of die-hard bond traders – that the US Federal Reserve’s next move on…
Business
Financing costs will come under scrutiny as S-Reits report results amid Trump’s inauguration, interest rate decisions
iIndustry watchers believe most of the S-Reits are already facing near “peak” interest rates, and expect financing costs to decline from…