Culture
Singapore port achieves record high performance in 2025
The country overtook Hong Kong after hundreds of vessels reflagged from the Chinese city to the Republic in September and October[SINGAPORE] The port of Singapore had a banner year...
GigaDevice jumps nearly 40% in Hong Kong debut amid China’s chip self-sufficiency drive
Proceeds from the share sale will fund research and development as well as strategic and industry investments [HONG KONG/SINGAPORE] Shares of GigaDevice Semiconductor soared almost 40 per cent in...
Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks[LONDON] Diageo is considering options for its Chinese assets, including potential divestments, people familiar...
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation[HONG KONG] Morgan Stanley increased bonuses by about 20 per cent for...
Indonesia’s launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
The country subsidises its biodiesel programme using proceeds from palm oil export levies[JAKARTA] The timing of Indonesia’s launch of its B50 biodiesel mandate, which blends 50 per cent palm...
UBS CEO Sergio Ermotti plans to step down in April 2027, FT reports
UBS Group CEO Sergio Ermotti is planning to step down in April 2027, the Financial Times reported on Tuesday.Aleksandar Ivanovic, UBS’s asset management chief, has emerged as one of...
China examines foreign ETF trades after Jane Street India probe
Foreign market makers can also trade China ETFs through so-called Stock Connect links between Hong Kong and the mainlandCHINA is scrutinising how Jane Street Group and other foreign firms...
Yen tumbles following report Japan PM plans snap poll
Japanese officials have stepped up warnings against what they describe as excessive and speculative FX moves[TOKYO] The yen dropped to its weakest level against the US dollar since July...
Gold eases on profit-booking after breaching US$4,600/oz
[BENGALURU] Gold eased on Tuesday (Jan 13), a day after breaching US$4,600/ounce for the first time ever, as investors booked profits amid heightened geopolitical and economic uncertainty. Spot gold...
UOBKH initiates coverage on NTT DC Reit with ‘buy’, forecasts 41% upside
The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy[SINGAPORE] NTT DC Reit has the highest distribution yield among data centre real estate investment...
