Business
Saudi Alwaleed’s KHC interested in TikTok if Musk or others buy it, CEO says
SAUDI Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding (KHC) would be interested in investing in ByteDance’s TikTok…
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Business
Saudi prince’s investment firm would be keen on TikTok if Musk or others buy it, CEO says
SAUDI Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding (KHC) would be interested in investing in ByteDance’s TikTok…
Business
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s…
Business
China unveils plan to encourage insurance funds into stock markets
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
Business
ECB policymakers line up behind further interest rate cuts
EUROPEAN Central Bank policymakers lined up behind further interest rate cuts on Wednesday (Jan 22), indicating that next week’s reduction…
Business
Goldman Sachs starts infrastructure fund for wealthy individuals
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts…
Business
Eastspring urges investors in Asia to be active, instead of tracking indices
INVESTORS in Asia need to be active in managing their portfolios this year, given the wider themes at play that could lead certain…
Business
Microsoft relaxes data centre grip on OpenAI amid US$500 billion joint venture
MICROSOFT on Tuesday (Jan 21) said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture…
Politics
Li Ka-Shing’s port firm ‘committed’ to Panama amid Trump threats
BILLIONAIRE Li Ka-shing’s port business in Panama said it’s committed to operating in the country, after local authorities launched an…
Politics
Apple close to deal to lift Indonesian iPhone ban, minister says
INDONESIA is close to a deal with Apple over an investment plan that would lift a ban on iPhone 16 sales in the country, according to a…
Business
Sunway Healthcare picks banks for what could be biggest Malaysia IPO in years
SUNWAY has picked banks including HSBC Holdings and Malayan Banking to help arrange an initial public offering (IPO) of its healthcare…
Business
Wealthy Indians tap into bathroom luxury with 1.6 million rupee smart toilets
IN INDIA’S polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old…
Politics
Maybank says CSE Global to get a boost as Trump declares a pivot back to oil and gas
US president Donald Trump’s declaration of a national energy emergency aimed at boosting oil and gas (O&G) production in the US is set to…
Business
Indonesia pressures commodity firms with earnings rule
INDONESIA’S plan to force commodity firms to keep export earnings onshore for a year will create new challenges for companies that are…
Business
Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 is set to shake up the industry.…
Business
Record beef imports raising risk of China imposing trade curbs
CHINA’S record beef imports are hitting a market where demand is slowing and prices have fallen to the lowest since 2019, raising the risk…
Business
Apple loses top-stock crown as analysts downgrade on iPhone risk
APPLE received a pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors,…
News
US SEC unveils task force to start work on crypto regulations
THE US Securities and Exchange Commission’s (SEC) new leadership said on Tuesday (Jan 21) it had created a task force to develop a…
Politics
Gold hits 11-week high on softer US dollar, Trump policy uncertainty
GOLD prices climbed to a fresh 11-week high on Wednesday (Jan 22), buoyed by a weaker US dollar and as uncertainty surrounding President…
Business
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Politics
STI ends 0.4% lower amid mixed Asian markets and Trump’s tariff remarks
SINGAPORE stocks closed lower on Wednesday (Jan 22) following a mixed picture in other Asian markets, after US President Donald Trump said…
Politics
STI ends 0.4% lower amid mixed Asian markets, Trump’s tariff remarks
SINGAPORE stocks closed lower on Wednesday (Jan 22) following a mixed picture in other Asian markets, after US President Donald Trump said…
Business
Luxury, hotel stocks are all the rage as tourists flock to Japan
JAPAN’S stock market is only now waking up to potential gains from record numbers of big-spending tourists. A growing number of companies,…
Business
Stoneweg E-Reit prices 500 million euro green notes due 2031 at 4.25%
The notes have been assigned a rating of ‘BBB-’ by Fitch Ratings and S&P Global Ratings STONEWEG European Real Estate Investment Trust…