Business
Point72 expands office space in Hong Kong’s Henderson Tower
Point72 Asset Management has signed a deal to take more space for its upcoming office in The Henderson, a skyscraper in Hong Kong’s…
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Business
Business
CGSI downgrades DBS to ‘hold’ on ‘muted’ Q4 performance forecast; S$60.50 target price unchanged
FY2026 could post a larger-than-expected drop in earnings due to downside risks, says CGSI CGS International (CGSI) has downgraded its…
Business
Micron says ‘unprecedented’ memory shortage to last beyond 2026
High-bandwidth memory required to make AI accelerators is “consuming so much of the available capacity across the industry Nvidia supplier…
Business
Micron says AI-driven memory crunch is ‘unprecedented’
PC makers have also warned they are likely to be affected by the ongoing shortage Nvidia supplier Micron Technology said an ongoing memory…
Business
GKE to expand storage and logistics operations to Dubai by 2028
The new facility aims to serve MNCs from the chemical, manufacturing, pharmaceutical and semiconductor industries GKE Corporation is…
Business
China’s aluminium output hits record, steel below one billion tonnes
CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year…
Business
Bank of Singapore appoints Collins Chin as global CFO
He takes up the new role after having been the head of investor relations at the bank’s parent, OCBC The Bank of Singapore on Monday (Jan…
Business
Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency Indonesia’s rupiah looks…
Business
Raffles Education seeks shareholder nod for dual sale of China asset, Merchant Road property
Two extraordinary general meetings will be held on Feb 3; share price jumps 21.3% Raffles Education is seeking shareholder approval for…
Business
Petronas names new COO following Sarawak gas dispute: report
The company has also been struggling with declining profits and last year announced it was cutting around 10% of its workforce Petroliam…
Business
Philippines makes first natural gas discovery in more than a decade
Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing Malampaya gas…
Business
YZJ Maritime proposes share buyback as part of capital management plans
It will announce the date of an extraordinary general meeting to seek shareholders’ approval Maritime financial solutions provider…
Business
YZJ Maritime proposes up to 10% share buyback as part of capital management plans
Maritime financial solutions provider Yangzijiang (YZJ) Maritime is proposing a share buyback as part of its broader capital management…
Business
Stocks to watch: Yangzijiang Maritime, SIA, AEM Holdings, Stamford Land, Keppel Reit
The following companies saw new developments that may affect trading of their securities on Monday (Jan 19): Yangzijiang Maritime: The…
Business
Brahim Diaz's Afcon penalty miss: 'He's going to have nightmares' say pundits
It was a moment that will haunt Brahim Diaz for years to come. The winger had a chance to write his name into Moroccan folklore after…
Business
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home CHINESE households are scouring for higher-yielding…
Business
Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands Shiseido, once a…
Business
Can the Singapore market support growth stocks?
Despite the STI outperforming the S&P 500 in the last five years, investors continue to cast doubt on buying growth “Can Asians think?” A…
Business
Nasdaq-listed eToro to roll out SGX stocks on platform in Asia expansion push
Nasdaq-listed investment platform eToro is stepping up its focus on the Asia-Pacific as a key area for future growth, with Singapore…
Business
Don’t meddle with GIC, Temasek’s mandates
But, more granular information about their performance could help foster trust among their stakeholders Several questions were raised in…
Business
Sovereign wealth funds join clamour for private credit in EMs
A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and…
Business
From accountant to IR chief: RWS CEO on why she wants to create ‘a new first impression’
Genting veteran Lee Shi Ruh is leading the massive transformation of the Sentosa integrated resort There is certainly quite a different…
Business
‘No reasons to own’: Software stocks sink on fear of new AI tool
Sell-off has exacerbated an already yawning gap between the performance of software companies and other areas of the tech sector THE new…
Business
The world’s most iconic pen is now a giant lamp
Almost everywhere you go, from the doctor’s office to the library to the car dealership, there’s one ubiquitous design gem hidden in plain…