Japan's GPIF books $103 billion investment gain in third quarter despite domestic bond losses
TOKYO, Feb 6 : Japan's Government Pension Investment Fund (GPIF) posted an investment gain of 16.19 trillion yen ($103.25 billion) for the October-December period, it said on Friday.The result compared with an investment gain of 10.7 trillion yen over the same period a year previously and marke ...
Japan's GPIF books $103 billion investment gain in third quarter
TOKYO, Feb 6 : Japan's Government Pension Investment Fund (GPIF) posted an investment gain of 16.19 trillion yen ($103.25 billion) for the October-December period, it said on Friday.The result compared with an investment gain of 10.7 trillion yen over the same period a year previously.($1 = 156 ...
Keppel’s special dividend yet to include divestment of billion-dollar sale of M1
Therese Soh - CEO Loh Chin Hua is ‘very confident’ deal will go through despite delay
Keppel’s special dividend yet to include billion-dollar sale of M1
Therese Soh - CEO Loh Chin Hua is ‘very confident’ deal will go through despite delay
India’s central bank keeps rates on hold after US trade deal
The central bank has now cut rates by a total of 125 basis points since February 2025
Tradition under pressure: Heritage businesses strive to stay relevant
Janice Lim - Despite decades of history, firms dealing in traditional goods face a precarious future amid foreign competition and shifting demand
China’s easy money floods metals markets as real economy falters
Copper, gold and silver all hit record highs, and activity on Chinese futures markets has soared
Toyota CEO Sato to step down, to be replaced by CFO Kon
[TOKYO] Toyota Motor chief executive Koji Sato will step down, the world’s largest automaker said on Friday, and will be replaced by...
Germany's PNE loses bid for Vietnam wind project, in new blow to foreign investors
HANOI, Feb 6 : Vietnam's authorities selected a newly created subsidiary of real estate conglomerate Vingroup to develop the first phase of one of the country's largest wind power projects, excluding Morgan Stanley-backed German renewable firm PNE which said the decision came as a surprise ...
Kuok Maritime Group’s PaxOcean opens S$200 million Jalan Samulun shipyard
Shikhar Gupta - It replaces PaxOcean’s previous location at 33 Tuas Crescent
Kuok Maritime Group’s PaxOcean opens S$200 million Jurong shipyard
Shikhar Gupta - It replaces PaxOcean’s previous location at 33 Tuas Crescent
Toyota raises full-year operating profit outlook by 11.8%
Feb 6 : Toyota Motor raised its full-year operating profit forecast on Friday, as it expects a weak yen and cost reduction efforts to lift its results.The world's biggest automaker now expects operating profit of 3.8 trillion yen ($24.26 billion) for the year to the end of March, up 11.8 per ce ...
Toyota boss Sato to step down, to be replaced by finance head Kenta Kon
TOKYO: Toyota Chief Executive Koji Sato will step down after just three years at the helm of the world's largest automaker, the company said on Friday (Feb 6), to be replaced by chief financial officer Kenta Kon.The reshuffle, which will see Sato take on the role of vice chairman and chief indu ...
Almost 350 fresh graduates find places in government-sponsored traineeships
Less than half the initial capacity of 800 places has been filled under the Graduate Industry Traineeships scheme.
Luckin Coffee’s PE owner gains more control over Chinese chain
The company’s American depositary receipts have gained 24% in the past 12 months
You don’t have to make babies to grow the economy
Kwan Wei Kevin Tan - Ask any policymaker in a developed country what their biggest worry is, and there’s a high chance that they will point to their nation’s declining birth rate. On Jan 26, Deputy Prime Minister Gan Kim Yong and Acting Transport Minister Jeffrey Siow spoke about the decline in Singapore’s total f ...
New Keppel’s monetisation plans ensure more special dividends
Goola Warden - Keppel’s (SGX: BN4 ) shareholders have been enjoying capital gains, with the share price climbing more than 70% over the past year to its highest level since 2014. They are set to pocket more dividends as well. As part of its FY2025 results, Keppel announced a new special dividend payout formula t ...
Is it time to rethink Raffles Education’s actual business activity?
Teo Zheng Long - Raffles Education’s (SGX: NR7 ) share price made a significant comeback in the past year, gaining more than 280% from a mere 4 cents to around 15 cents. However, this is still far from the peak of more than $3.50 achieved in 2007. Meanwhile, its market capitalisation right now stands at $230 milli ...
SGX sees a stronger IPO pipeline after posting record half-year results
Felicia Tan - Singapore Exchange (SGX) is seeing a healthier IPO pipeline outlook compared to six months ago, says CEO Loh Boon Chye at the exchange’s 1HFY2026 results briefing on Feb 5. For the half-year ended December 2025, the bourse reported its strongest half-year revenue and earnings of $695.4 million and ...
Japan’s Kirin sells Four Roses bourbon as US whisky market cools
Concerns over the impact of US President Donald Trump’s tariffs also continue to weigh on the sector
Singapore bets on K-pop’s soft power for long-term tourism and branding gains
Tan Nai Lun - Upcoming BTS concerts expected to lift tourism, though economic impact may be shy of Taylor Swift’s Eras tour effect
Why relevance matters more for SGX, says head of equities Ng Yao Loong
Felicia Tan - The Singapore Exchange (SGX) has enjoyed an upbeat sentiment since the equity market review group unveiled its measures, the last of which was announced in November 2025. For the first half of FY2026 ended Dec 31, 2025, SGX reported its strongest half-year revenue and net profit, building on the rec ...
Japan Q4 GDP seen returning to growth on robust investment: Reuters poll
TOKYO, Feb 6 : Japan's economy is expected to have returned to growth in the final three months of 2025, thanks to vigorous corporate investment and resilient consumption, a Reuters poll showed on Friday.Gross domestic product (GDP) in real terms likely expanded an annualised 1.6 per cent in th ...
Explainer: How will Thailand’s election play out?
Opinion polls consistently show the progressive People’s Party is the country’s most popular party
Why financial institutions invest in communities, not just markets
Samantha Chiew - For financial institutions in Singapore, giving is no longer optional. As the city positions itself as a hub for sustainable finance and impact capital, the harder question is how to contribute credibly without turning philanthropy into a branding exercise. In some corners of the industry, giving re ...
SGX-Nasdaq dual-listing framework stirs up ‘real buzz’ but technical issues expected
Felicia Tan - The Global Listing Board (GLB), which seeks to simplify dual listings on both the Singapore Exchange (SGX) and Nasdaq, was welcomed by market ecosystem stakeholders as another helpful push towards sustaining the revival of the Singapore market. The partnership was first announced by the Monetary Aut ...
No silver lining in meltdown
Nirgunan Tiruchelvam - The murder of a bullion dealer in 1985 has much to teach silver investors. Nicholas Deak was the force behind Deak & Co. In its day, this firm was the largest non-bank precious metals dealer in America. On a windy day in November 1985, a homeless woman walked into Deak’s New York office. She p ...
Former Japan currency chief says FX intervention should be backed by rate hikes
Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates
American or Chinese exceptionalism?
Stephen S Roach - The US and China have long been the most prominent representatives of two opposing systems: democracy and socialism. But they increasingly share one crucial characteristic — personalised leadership — that blurs the otherwise sharp distinction between the two. This raises the important question: ...
Gold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June
The coming crypto apocalypse
Nouriel Roubini - A year ago, the most pro-crypto president in US history had just returned to power after pandering to clueless retail crypto investors and receiving massive financial backing from semi-corrupt crypto insiders. Donald Trump’s second coming was supposed to be a new dawn for crypto, leading various s ...
Japan's biggest banks ready to increase JGB holdings despite growing losses
TOKYO, Feb 6 : Japan's two largest banks say they are set to increase their holdings of Japanese government bonds as rising interest rates promise higher returns, even though unrealised losses on existing bond portfolios have grown.The banks - Mitsubishi UFJ Financial Group and Sumitomo Mitsui ...
SID appoints Emily Poon as CEO
Felicia Tan - The Singapore Institute of Directors (SID) has appointed Emily Poon as its new CEO. Poon’s appointment comes after an “extensive search over several months,” says SID. Poon will join SID as CEO-designate from March 1. She will take over from outgoing CEO Terence Quek from May 1. Poon, who was ...
The middle-power dilemma
Eswar Prasad - Canadian Prime Minister Mark Carney’s recent speech at Davos received the third standing ovation in the World Economic Forum’s history, with the previous two going to Nelson Mandela and Ukrainian President Volodymyr Zelensky. It struck a chord because it clearly articulated a realisation that is ...
