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Iran ramps up nuclear program, close to weapons-grade: UN
The UN's nuclear watchdog believes Iran is ramping up it's nuclear program with advanced technology, pushing its program closer to…
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Asia
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Singapore shares slip amid mixed Asia markets after Trump threatens tariffs; STI down 0.5%
SINGAPORE stocks fell on Tuesday (Nov 26), following a mixed picture in other Asian markets after US president-elect Donald Trump said he…
Business
CLI to rebalance portfolio, grow India and South-east Asia businesses
CAPITALAND Investment (CLI) will rebalance its portfolio to grow its India and South-east Asia business and optimise its China holdings,…
Business
STI rises, tracking Asia gains as RHB upgrades Singapore banking stocks
SINGAPORE stocks traded higher on Monday (Nov 25) as they followed other markets in the region in making gains. As at noon, the Straits…
Business
STI falls despite Asia gains and RHB upgrading Singapore banking stocks
SINGAPORE stocks closed lower on Monday (Nov 25), even as most regional markets ended in positive territory. The benchmark Straits Times…
Business
UN Climate Deal Promises $300B Yearly Aid for Developing Nations
After marathon negotiations that stretched into early Sunday morning, world leaders at the UN climate talks (COP29) in Baku, Azerbaijan,…
Business
Stocks to watch: Thai Beverage, BRC Asia, TSH Resources, Lum Chang
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 22): Thai Beverage (ThaiBev): The…
Business
BRC Asia H2 profit rises 11% to S$55 million on sale of associate
STEEL solutions provider BRC Asia posted an 11 per cent rise in net profit to S$55 million for its second half ended Sep 30, 2024, from…
Business
Chinese healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies expanding into region…
Business
China’s healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies to expand into region…
Business
Asia: Markets mixed as Nvidia falls short of hopes, eyes on Trump
ASIAN markets were mixed on Thursday (Nov 21) as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left…
Business
US$3 billion raised by S-E Asia IPOs is lowest in almost a decade: Deloitte
But regional outlook for 2025 remains rosy as expected interest rate cuts could create a more favourable environment for listings…
Business
Chinese stocks lead Asia markets’ weekly losses amid China data, Fed signal on rate cuts
Major markets across Asia-Pacific broadly fell this week as US consumer prices released showed that inflation stayed firm, and its central…
Business
Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%
With China hawks primed for top roles in incoming Trump administration and China’s booming trade surplus, resurgence of protectionist…
Business
Bankers see Asia deal drought easing as Hong Kong IPOs pick up
AFTER a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings (IPOs). The number of Chinese…
Business
Food Empire’s Q3 revenue up 11.4% on strong showing across Asia markets
MAINBOARD-LISTED Food Empire on Monday (Nov 11) posted an 11.4 per cent rise in revenue to US$118.9 million for its third quarter ended…
Business
YTL Power and Sembcorp Industries among power firms likely to benefit from South-east Asia data centre boom
THE heating up of data centre growth in South-east Asia has been drawing investor interest. Now, analysts are turning the spotlight on one…
Business
Global PR Firm Edelman Appoints Rakesh Thukral as New Asia Pacific CEO
Edelman has appointed Rakesh Thukral as its new CEO for Asia-Pacific operations, taking over from Warren Fernandez, who is stepping down…
Business
Quick takes: What Trump’s win means for Asia markets, currencies and interest rates
MANY parts of global markets rallied massively as Donald Trump decisively won the US election on Wednesday (Nov 6). US stocks soared, the…
Business
Japan’s steelmaker JFE cuts annual profit forecast on slow local demand, slumping Asia market
JAPAN’S second-biggest steelmaker, JFE Holdings, lowered its forecast for annual net profit by 37 per cent, hit by slow demand for…
Business
Tech, manufacturing and China-linked stocks on the line as Asia braces for Trump 2.0
US-China trade tensions are likely to affect the Singapore equity market, say analysts, even as US markets get set to soar ASIAN and…
Fashion
Aramco cuts oil prices to Asia for December after Opec+ delay
SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization of the…
Business
StanChart partners with Wise for faster FX in Asia and Middle East
STANDARD Chartered (StanChart) is going to use Wise’s payments platform to offer multi-currency money transfers in Asia and the Middle…
Culture
Asia: Markets rise ahead of US election, Chinese stimulus meeting
ASIAN markets rose on Monday (Nov 4) as investors steel themselves for a too-close-to-call US presidential election, while Chinese leaders…