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…
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Business
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…
Politics
Asia looks to buy more US fossil fuels to make Trump happy
ASIAN fossil fuel buyers looking to appease incoming US president Donald Trump have come to the same conclusion: buy more American oil and…
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…
Politics
Gold dips as Middle East tensions ease, focus on Trump inauguration
GOLD prices fell in early Asian trading on Monday (Jan 20) as easing tensions in the Middle East tempered safe-haven demand, while…
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
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
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…
Politics
TikTok restores service after Trump vows to extend deadline
TIKTOK started restoring service in the US on Sunday (Jan 19), after a whipsaw of events that saw the video app make good on a threat to…
Politics
TikTok return draws scrutiny of Trump’s, Beijing’s stance
TIKTOK restored US services after Donald Trump pledged to delay enforcement of a ban. Yet it’s not clear whether the app’s Chinese parent…
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…
News
Stock markets are less afraid of war than we imagine
A look at the past shows that most regional conflicts have not been bear-market catalysts WHILE Hizbollah struck a tenuous truce with…
Business
"It's A Miracle": How Bvlgari Beat The Odds In A Tough Luxury Market
Ahead of parent company LVMH’s full-year results release on Jan 28, he reveals optimism for 2025 It’s a winter’s day in Shanghai but the…
Business
Gold expected to continue bullish trend
GOLD price has been on a steady uptrend since hitting a low of US$1,614 per ounce in October 2022. Over the past two years, the precious…