Atome Financial upsizes syndicated debt facility to US$345 mil to scale Southeast Asian business
Nurdianah Md Nur - Singapore-based digital finance platform Atome Financial has increased its syndicated debt facility to US$345 million ($444 million), up from US$200 million last year. It will use the facility to expand its profitable regional portfolio. This includes buy now pay later (BNPL), lending and the Atome ...
Frasers Property gaining full ownership of The Centrepoint rear block not a sure thing
Kalpana Rashiwala - The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too
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
Taiwan says it has reached 'broad consensus' with US on tariff talks
TAIPEI: Taiwan and the US have reached a "broad consensus" on their tariff talks and are discussing a timetable for holding a concluding meeting, Taipei said on Tuesday (Jan 13), as a source familiar with the matter said an announcement could come by the end of the month.Taiwan is aiming f ...
China EV makers rise as EU mulls minimum price to replace tariff
The minimum pricing will need to be flexible in order to accommodate different model types and vehicle categories
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.
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 mainland
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
Singapore’s revised food targets prioritise scalable, efficient production
Low Youjin - Details on support schemes for farmers will be announced at MSE’s upcoming Committee of Supply debate
Indonesia official says launch of B50 biodiesel depends on crude oil, palm oil prices
JAKARTA, Jan 13 : The launch of Indonesia's B50 biodiesel mandate will depend on the price gap between crude oil and crude palm oil, a senior official said on Tuesday. Indonesia, the world's largest producer of palm oil, previously said it would start its B50 mandate, which requires a 50-5 ...
Indonesia's launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
JAKARTA, Jan 13 : The timing of Indonesia's launch of its B50 biodiesel mandate, which blends 50 per cent palm oil-based fuel with diesel, will be subject to the price gap between crude oil and crude palm oil, a senior official said on Tuesday.Indonesia, the world's largest palm oil produc ...
UOB Kay Hian lifts ASL Marine’s TP to 35 cents on ‘thriving’ business
Lin Daoyi - UOB Kay Hian analyst Heidi Mo has reiterated her “buy” call on ASL Marine with a higher target price of 35 cents from 33 cents previously. Mo’s bullishness is underpinned by several reasons, as noted in her research report dated Jan 13. Firstly, Mo believes ASL’s repairs segment will drive t ...
Trump team nears Taiwan trade deal with more US chip investment
Any agreement with Taipei risks provoking China, which claims the island as part of its territory
Vibe, then verify: Unlocking AI value by solving the productivity paradox
Marcus Low - Across Asia-Pacific and Japan (APJ), technology leaders are racing to embed AI into every stage of the software development lifecycle (SDLC). From Singapore’s financial institutions to India’s fast-moving e-commerce startups, coding assistants promise faster delivery cycles and new innovation ca ...
Vanke asks to extend bond grace period again, adds collateral
Bloomberg - (Jan 13): China Vanke Co presented revised proposals to extend a local bond that included collateral pledges as well as a longer grace period, according to people familiar with the matter, as the distressed developer struggles to stave off default. Under the proposed terms, Vanke offered to use rece ...
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent...
FIFA taps Stats Perform for betting data, live-streaming rights ahead of World Cup
Jan 13 : FIFA has selected sports AI firm Stats Perform as their first official betting data and betting streaming rights distributor, which includes live streams for all matches at the 2026 World Cup, world soccer's governing body said.The agreement also grants Stats Perform exclusive rights t ...
Gold eases on profit-booking after breaching US$4,600/oz
Major brokerages expect two 25-basis-point rate cuts each in June and September
UOBKH initiates coverage on NTT DC Reit with ‘buy’, forecasts 41% upside
Shikhar Gupta - The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy
Boustead Singapore amends agreement with Unified Industrial to retain control of Vietnam business
Therese Soh - This allows the company to better manage its real estate and fund management business in the country
Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
Therese Soh - This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy
HR Asia recognises companies leading Asia's workplace transformation
Business Media International - The HR Asia Best Companies to Work for in Asia recognised outstanding companies that have demonstrated resilience, adaptability and commitment to people-first leadership amidst some of the toughest HR conditions in recent years. Across Asia, companies continued to battle a volatile talent landscape ...
Rex International subsidiary seeks deferment on bond payments; expects Sèmè Field production to start end-January
Lin Daoyi - Oil and gas explorer Rex International filed two notices with the local bourse on Jan 12. In its first announcement, Rex says that its Norwegian subsidiary Lime Petroleum Holding AS is seeking a deferment of Lime’s 2027 and 2028 interest payments to bondholders. Lime is seeking an extension on the ...
Nvidia says no upfront payment needed for its H200 chips
BEIJING, Jan 13 : Nvidia does not require upfront payment for H200 chips, a spokesperson for the U.S. chipmaker said in a statement to Reuters on Tuesday. The company said it "would never require customers to pay for products they do not receive", in a response to a Reuters story on Januar ...
Asia markets extend gains on ‘Sell America’ inflows, despite Trump’s Iran tariff threat
Deon Loke - The announcement also says that the new duty would be ‘effective immediately’
Asia markets extend gains on ‘Sell America’ inflows, Trump’s Iran tariff threat; Nikkei at record high
Deon Loke - Sustained advances also driven by attractive valuations and Asia-Pac growth prospects
Asia stocks climb as Nikkei hits highs, yen makes lows
SYDNEY, Jan 13 : A surge in Japanese shares led Asia higher on Tuesday amid investor bullishness over all things AI, while the cloud of uncertainty over Federal Reserve independence favoured gold even as it hindered the dollar.Oil prices were on the rise as unrest in Iran fanned fears for supplies, ...
Asia stocks climb as Nikkei jumps to record, earnings loom
SYDNEY, Jan 13 : A surge in Japanese shares led Asia higher on Tuesday amid investor bullishness over all things AI, while the cloud of uncertainty over Federal Reserve independence favoured gold even as it weighed on the dollar.Oil prices were on the rise as unrest in Iran fanned fears for supplies ...
Oil prices gain on Iran supply disruption concerns
Jan 13 : Oil prices edged higher on Tuesday, as heightened concerns surrounding Iran and potential supply disruptions outweighed the prospect of increased crude supply from Venezuela.Brent futures gained 28 cents, or 0.4 per cent to $64.15 a barrel by 0101 GMT, hovering near a two-month high struck ...
Japan’s Nikkei hits all-time high on Wall Street rally, snap election bets
[TOKYO] Japan’s Nikkei share average surged to a record high on Tuesday, as markets played catch-up with Wall Street’s recent two-day rally...
BlackRock cuts hundreds of jobs, trimming about 1% of staff
Other financial firms have been seeking to cut jobs and control costs
SK Hynix to invest nearly US$13 billion in chip packaging plant in South Korea
[SEOUL] South Korea’s SK Hynix said on Tuesday it has decided to invest 19 trillion won (S$16.6 billion) to build an advanced...
Major US banks gear up for bond sales as Trump turns up pressure
The six banking giants are anticipated to have raked in US$157 billion in 2025
SK Hynix to invest nearly $13 billion in chip packaging plant in South Korea
SEOUL, Jan 13 : South Korea's SK Hynix said on Tuesday it has decided to invest 19 trillion won ($12.90 billion) to build an advanced chip packaging plant in South Korea to meet rising memory chip demand related to artificial intelligence. The chipmaker said in a statement that the construction ...
