Fashion
CICT to develop, own commercial component of mixed-use Hougang Central site
The trust gains an ‘attractive entry yield’ with an expected yield on cost of more than 5%[SINGAPORE] CapitaLand Integrated Commercial Trust ( CICT ) will develop and fully own...
DBS unlocks S$1 billion in AI value in 2025
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent [SINGAPORE] DBS notched up a one-third increase in economic value...
Bank of Japan puts self-defence ahead of solidarity with Fed’s Powell
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to politics and the government’s reluctance...
Toyota raises offer for Toyota Industries by 15%
[TOKYO] Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as part of the plan...
China’s customs agents are told Nvidia’s H200 chips not permitted: sources
It is unclear whether the directives apply to existing orders for H200 chips, or only to new orders[BEIJING] The Chinese customs authorities told customs agents this week that Nvidia’s...
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
The group’s undervalued share price is unwarranted, given its rare landed housing land bank[SINGAPORE] Many affluent Singaporeans aspire to live in private landed homes, the purchase of which is...
At least 25 killed after crane falls on train in Thailand
[BANGKOK] A train derailed in northeastern Thailand on Wednesday (Jan 14) after a construction crane fell on three of its carriages, killing at least 25 people and injuring about...
Prudential taps ex-HSBC veteran Douglas Flint as chairman
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March[LONDON] Prudential has appointed Douglas Flint as its next chairman, becoming...
China tightens margin financing requirements to cool red-hot stock market
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock market, after onshore turnover and leverage bets hit records.China...
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
[SINGAPORE] Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding orders with three Chinese shipyards for a total of 16 vessels....
