ING looks to expand non-interest income pillars in Singapore to buffer rate risks
Renald Yeo - This is one of three priorities for the Dutch lender’s operations in Singapore
TikTok building new version of app ahead of expected US sale, The Information reports
TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, The Information reported on Sunday.
BRICS leaders to call for data protections against unauthorised AI use
RIO DE JANEIRO: Leaders of the BRICS group of developing nations will call for protections against unauthorised use of artificial intelligence (AI) to avoid excessive data collection and allow mechanisms for fair payment, according to a draft statement seen by Reuters. The diplomatic bloc is dedicat ...
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
Mia Pei - The rule requiring information to be made equally available to all shareholders has been cited out of context, says insurer
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
June revenue rises 10.09% year on year to NT$540.237 billion, marking a record high for the month
Gold, pesos and lasers: What’s on Fidelity’s investment radar
Renald Yeo - [HONG KONG] A weakening US dollar and volatile equity markets were among the hotly-discussed themes at Fidelity International’s Asia-Pacific Media Investment Conference...
Nissan considers Foxconn EV output to save Oppama from closure, Nikkei says
TOKYO :Nissan Motor is in discussions with Taiwan's Foxconn about a collaboration in electric vehicles that could save its Oppama plant in Japan from closure, the Nikkei business daily reported on Sunday, citing an unidentified Nissan source.Nissan's Oppama plant, which employs about 3,900 ...
Nanofilm to acquire remaining 35% stake in Sydrogen from Temasek for S$15 million
Mia Pei - Proposed deal underscores Nanofilm’s continued confidence in the hydrogen market and its growth potential
Nanofilm to acquire remaining stake of Sydrogen from Temasek for S$15 million
Mia Pei - Proposed acquisition underscores Nanofilm’s continued confidence in the hydrogen market and its growth potential
For SMEs, Syfe thinks boring and safe products are the way to go
Young Zhan Heng - The wealth platform sees a 120% surge in business clients, as companies get more conscious about earning interest on their cash
Syfe aims for its products to be boring and safe
Young Zhan Heng - The wealth platform sees a 120% surge in business clients, as companies get more conscious about earning interest on their cash
Musk should stay out of politics, US Treasury Secretary Bessent says
WASHINGTON :A day after Elon Musk escalated his feud with Donald Trump and announced the formation of a new U.S. political party, the president's Treasury secretary said Musk should stick to running his companies. And investment firm Azoria Partners, which had planned to launch a fund tied to M ...
Investment firm Azoria postpones Tesla ETF after Musk plans political party
Investment firm Azoria Partners said on Saturday it will postpone the listing of its Azoria Tesla Convexity exchange traded fund after Tesla CEO Elon Musk said he was forming a new U.S. political party.Musk made the announcement a day after polling his followers on the X social media platform he own ...
S-Reits with lowest relative gearing have an average ratio of 33.5%
The sector maintains an average gearing ratio of 40%, reflecting prudent capital management and well below the regulatory limit of 50%
S-Reits with best debt profiles have an average gearing ratio of 33.5%
The sector maintains an average gearing ratio of 40%, reflecting prudent capital management and well below the regulatory limit of 50%
Hong Kong IPO frenzy sets sights on record HK$250 billion fundraising for 2025
In the first half of 2025, some 44 companies went public in the territory
Top S-Reits with lowest gearing ratios average 33.5% as investors await rate cuts
The sector maintains an average gearing ratio of 40%, reflecting prudent capital management and well below the regulatory limit of 50%
First Sembawang North BTO flats to be launched in July
Chong Xin Wei - The project comprises 775 new flats with a wait time of three years
SpaceX staff to get lavish park in Musk’s latest Texas land buy
The “Project Echo” plan would develop basketball and pickleball courts, picnic areas and potentially a floating deck for kayaks across several acres
Five Singapore-listed ‘dividend diamonds’ to watch beyond banks and REITs
Felicia Tan - Singapore has long been regarded as a haven for income investors, thanks to its stable regulatory environment and a consistent stream of dividend-paying stocks. While most global markets tend to focus on capital appreciation, Singapore has consistently offered “superior dividend yields” compared ...
Commentary: Whose job is safe from AI?
Technology can make a boring job even more boring and an interesting job even more interesting, says the Financial Times' Tim Harford.
Nanofilm to buy out Temasek's 35% stake in hydrogen JV for $15 mil
The Edge Singapore - Nanofilm Technologies International plans to pay $15 million to buy out the 35% stake held by partner Temasek Holdings in a hydrogen-focused joint venture. Sydrogen Energy, as this joint venture is called, was formed in July 2021. Temsaek holds its stake via an entity called Venezio Investments. Acc ...
Nanofilm to buy out Temasek's 35% stake in hydrogen JV for $15 million
The Edge Singapore - Nanofilm Technologies International plans to pay $15 million to buy out the 35% stake held by partner Temasek Holdings in a hydrogen-focused joint venture. Sydrogen Energy, as this joint venture is called, was formed in July 2021. Temsaek holds its stake via an entity called Venezio Investments. Acc ...
China's intense EV rivalry tests Thailand's local production goals
Under a government incentive programme meant to boost electric vehicle production in Thailand, carmakers are exempt from import duties, but are obligated to match import volumes with domestic production.
Foxconn second quarter revenue rises 15.82% on year
TAIPEI :Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Saturday reported second quarter revenue rose 15.82 per cent from the same period last year to a record for the quarter.Foxconn, also a major supplier to artificial inte ...
OPEC+ set to further speed up output hikes, sources say
LONDON :OPEC+ will likely agree to further accelerate oil output increases on Saturday at its first meeting since oil prices jumped, and then retreated, following Israeli and U.S. attacks on Iran.The group, which pumps about half of the world's oil, has been curtailing production since 2022 to ...
OPEC+ speeds up oil output hikes, adds 548,000 bpd in August
LONDON :OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated - following Israeli and U.S. attacks on Iran.The group, which pumps about half of the world's oil, h ...
Vietnam Q2 GDP growth quickens on strong exports, US trade deal brightens outlook
Concerns over the Southeast Asian manufacturing hub's outlook had been growing in the run-up to the trade deal between the United States, particularly as the latter is Vietnam's biggest export market.
Airbus inks US$20 billion Malaysia jet deals on Anwar trade trip
AirAsia plans to open a Gulf hub this year and extend its flight network to some European destinations
Trump says US will start talks with China on TikTok deal this week
[NEW YORK] US President Donald Trump said on Friday (Jul 4) he will start talking to China on Monday or Tuesday about...
FWD’s Hong Kong and international offering shares over-subscribed ahead of HKEX debut
Felicia Tan - FWD announced, on July 4, that its offer shares for its Hong Kong and international offerings have been over-subscribed. The Hong Kong public offering received 61,689 valid applications for a total of 339.2 million shares, representing about 37.1 times of the total number of 9.1 million Hong Kong of ...
CPF members can make housing, retirement and health insurance plans with new digital platform
Members using the platform will see a personalised dashboard, with content and resources tailored to their current life stage
Economic slowdown inevitable — US-world diverge in inflation, interest rates and equity valuations
Tong Kooi Ong & Asia Analytica - Global equity markets have recovered smartly from the lows in April 2025 that were triggered by US President Donald Trump’s shock and awe tariffs and trade policies. Investor sentiment improved quickly after he paused reciprocal tariffs for 90 days — which would expire on July 8 for all countrie ...
Hugo Boss shareholder Frasers warns it won’t back dividends
The companies have had a long relationship that includes the British retailer selling the fashion brand’s stock across its stores and online