Culture

China consumer shares hit record losing streak on weak demand
[BEIJING] Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to continue amid a sluggish economy and policy uncertainty.A gauge of...
China leaves benchmark lending rates unchanged for seventh month in a row in December
[SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.The one-year loan prime rate (LPR) was kept at 3.00 per...
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
[SINGAPORE] Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the latter to pay the balance of the contract...
Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 22): Seatrium: Seatrium announced on Monday that it has reached an agreement...
Seven & i’s IPO of US arm hinges on faster turnaround, CEO says
[TOKYO] Seven & i Holdings’ chief executive is pressing its US convenience-stores business to deliver a faster turnaround as the retailer seeks a public listing of the unit to...
Singapore market reforms may lift sentiment in 2026 despite geopolitical, trade uncertainty
Investors should focus on companies with credible and clearly stated plans to drive shareholder value[SINGAPORE] Back in early June, I mentioned feeling a tinge of seller’s remorse after liquidating...
After a tepid 2025, cautious optimism is building for private equity in 2026
More sectors could become attractive to investors next year as valuations are largely reset[SINGAPORE] The expected rebound in the private-equity (PE) sector did not materialise in 2025, but observers...
Record US$350 billion deals boom fuels upbeat M&A outlook in Japan
Corporate governance reforms aimed at improving shareholder returns are helping to transform the country into a hive of activityIT HAS been a record year for deals involving Japanese companies,...
Morgan Stanley seen as front-runner for SpaceX IPO: sources
[NEW YORK] Morgan Stanley is emerging as a leading contender for a key role in SpaceX’s blockbuster initial public offering (IPO), as the bank’s close ties to CEO Elon...
Elon Musk becomes first person worth US$700 billion following pay package ruling
TESLA CEO Elon Musk’s net worth surged to US$749 billion late Friday (Dec 19) ‍after ​the Delaware Supreme Court reinstated Tesla ‍stock options worth US$139 billion that were voided...
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
RESURGENT artificial intelligence shares lifted the Nasdaq on Friday for a second straight session while the yen retreated despite a Bank of Japan interest rate hike.The tech-forward Nasdaq piled...
European stocks hover near record on lingering policy optimism
EUROPEAN stocks hovered near a record on Friday, wrapping up the final full trading week of the year with optimism around further policy easing and resilient growth in the US.The Stoxx...