OxPay’s new CEO steers a new trajectory from Singapore to Bhutan
Teo Zheng Long - In his more than 24 years with AXS, Chin Mun Chong has undergone several ownership changes. Through it all, AXS has adapted to shifting industry norms to become Singapore’s leading payments company. As the CEO of AXS, he could have stayed on and retired in the role. Yet, in June 2025, Chin joined ...
Earthworks and recycling lay the foundation for Reclaims Global’s next growth phase
Julian Wong - When a contractor finds themselves at the start of a construction project with an urgent problem — it could be a collapsing structure, a hidden foundation, or a timeline suddenly at risk — Reclaims Global CEO Tan Kok Huat shares that he is often the first person they reach. “People call us bec ...
The Fed’s six big challenges in 2026
Bill Dudley - In the coming months, markets will undoubtedly obsess over US President Donald Trump’s choice to lead the Federal Reserve and whether this will give him the control he seeks over interest rates. Yet that’s not the only challenge the world’s most powerful central bank will face in 2026. I see s ...
Is private equity really the cure for struggling NoonTalk Media?
Frankie Ho - When a loss-making listed company enters a strategic partnership promising what it calls value-generating opportunities, investors are entitled to look beyond the buzzwords. That scrutiny is especially warranted in the case of NoonTalk Media, which now finds itself partnering with privately-held Mer ...
Oil rises as concerns about supply disruptions in Venezuela, Iran increase
Jan 9 : Oil prices rose for a second day on Friday, set for their third weekly gain, on uncertainty about the future of supply from Venezuela and as Iranian unrest increases concerns about output there.Brent futures rose 44 cents, or 0.71 per cent, to $62.43 per barrel at 0203 GMT, while U.S. West T ...
Singapore’s F&B will not end up like Hooters
Nirgunan Tiruchelvam - Though I am a vegetarian, the Hooters outlet at Clarke Quay has been on my radar. I tend to walk past it on the way home. It serves fried chicken wings and beer. These unhealthy items are an ideal respite from the excesses of the evening. The outlet is placed at the edge of Clarke Quay. It is hard t ...
Oil advances on concerns about supply disruptions in Venezuela, Iran
SINGAPORE: Oil prices rose for a second day on Friday (Jan 9), up more than 1 per cent and set for their third weekly gain, on uncertainty about the future of supply from Venezuela and as Iranian unres
Gold falls as commodity index adjustments weigh ahead of US jobs data
Investors are looking to the non-farm payrolls data for monetary policy cues
A new age of nuclear proliferation? - Mohamed El Baradei
Mohamed ElBaradei - No longer is the threat posed by nuclear weapons even tenuously contained by mutually agreed rules and accepted norms. Instead, it is returning with a vengeance, pushing us all to the edge of the abyss. For the first time since the end of the Cold War, nuclear arsenals are growing, and the weapons t ...
The global economy’s hidden rebalancing
Marcello Estevão - This year, global growth is expected to be near 3.1%, almost the same as this year. To many observers, such steadiness suggests a world economy drifting sideways, neither slowing nor accelerating. But the stability implied by the headline figure is the product not of inertia, but of a rebalancing th ...
UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield
Shikhar Gupta - It also upgrades the overall banking sector to ‘overweight’ and has a continued ‘buy’ call for OCBC
UOBKH rates top pick DBS a ‘buy’ on 5.6% yield
Shikhar Gupta - It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC
AI’s power problem is being overthought, says Microsoft’s VP for energy
Nurdianah Md Nur - Concerns over artificial intelligence’s energy appetite are pushing some ideas to extremes. Some engineers, including those at Google, are planning for or testing solar-powered computing infrastructure in orbit. While the idea draws attention, it sidesteps more immediate constraints. For Bobby Hol ...
The China choice
Daryl Guppy - America’s New Year’s gift to the world is unprecedented instability, with the potential collapse of the global rules-based order. The impact on trade security cannot be underestimated or ignored. How China chooses to respond will shape global supply chains, business with and within China and the ...
Cathay Pacific seeks savings, cuts some jobs in efficiency push
The airline has said that it plans to hire 3,000 people this year, pushing headcount beyond the 34,000 at the end of...
JP Morgan downgrades OCBC to 'neutral' with positives priced in
The Edge Singapore - Oversea-Chinese Banking Corporation (OCBC) (SGX: O39 ) shares dipped slightly this morning after JP Morgan downgraded its call from "overweight" to "neutral", as the various positives driving the gain of nearly 20% in the past 6 months have been priced in. As at 9.39 am, OCBC sha ...
Investing in Singapore’s energy transition
Lin Daoyi - Energy is “fundamental” to powering the nation’s economy, the Energy Market Authority (EMA), Singapore’s energy regulator, says. It keeps households running day to day and underpins business and industrial activity. In a 2023 report, the International Energy Agency (IEA) found that total ene ...
Goldilocks economy is the right diet for banks
The Edge Singapore - A so-called “Goldilocks economy”, where steady growth is accompanied by low inflation, will help generate “sustainable” and sustained economic expansion in the US. Two rate cuts are expected by the end of June, with none in the second half of the year. In addition, the much-feared disruption ...
Keppel REIT’s acquisition of MBFC stake ‘strategic’ but target prices cut on near-term dilution
Kwan Wei Kevin Tan - Keppel REIT’s acquisition of an additional one-third stake in Marina Bay Financial Centre (MBFC) Tower 3 will help it strengthen its asset base with a quality property in Singapore and deliver gains over time. However, several analysts, concerned about near-term dilution to both its distribution p ...
STI top performer CDL wins more bullish calls as asset monetisation gains pace
The Edge Singapore - City Developments’ (CDL) share price has gained around two-thirds in the past 12 months, making it one of the top-performing large caps in 2025. If analysts are right, the property and hospitality giant has more room to go. Citing the faster pace of asset monetisation, which reached approximately ...
CK Hutchison taps Goldman Sachs, UBS for AS Watson IPO, Bloomberg News reports
Jan 9 : Hong Kong-based CK Hutchison has picked Goldman Sachs and UBS Group AG to work on the planned initial public offering of its unit A.S. Watson Group, Bloomberg News reported on Friday, citing people familiar with the matter.The ports-to-telecoms conglomerate is working with the banks ...
Broker's Digest: Raffles Medical Group, iFast, Lendlease REIT
The Edge Singapore - Raffles Medical Group Price target: CGS International ‘add’ $1.23 Sentiment to improve CGS International is reiterating its “add” recommendation on Raffles Medical Group (RMG) with a higher target price of $1.23 from $1.20 previously, on the back of stronger y-o-y earnings in 2HFY2025, conti ...
CK Hutchison is said to pick Goldman Sachs, UBS for Hong Kong-London IPO of Watson Group
Temasek Holdings owns about 25% of the company
Musk's xAI posts net quarterly loss of $1.46 billion, Bloomberg News reports
Jan 8 : Elon Musk’s artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, up from $1 billion in the first quarter, Bloomberg News reported on Thursday, citing internal documents. Reuters could not immediately verify th ...
Musk's xAI quarterly net loss widens to $1.46 billion, Bloomberg News reports
Jan 8 : Elon Musk's artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, compared with a loss of $1 billion in the previous three months, Bloomberg News reported on Thursday, citing internal documents.Revenue nearly doubled sequentially to ...
Stocks to watch: China Aviation Oil, Geo Energy
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 9):
Mapletree Investments’ Silver Jubilee: Growing with each cycle
Jovi Ho - Mapletree Investments’ structure has allowed the real estate group to make long-term decisions in the best interests of investors, says veteran CEO Hiew Yoon Khong Market chatter often begins as an investor’s wish, emboldened by an analyst’s calculations. One such dream — a merger of Singapo ...
Trump lays out a vision of power restrained only by ‘my own morality’
The president’s insistence that Greenland must become part of the US was a prime example of his worldview
Japan household spending unexpectedly picks up, signals steady consumption recovery
TOKYO, Jan 9 : Japanese annual household spending unexpectedly grew in November, government data showed on Friday, rebounding from a sharp decline in October and aligning with a gradual recovery in private consumption. Consumer spending rose 2.9 per cent year-on-year, internal affairs ministry data ...
Japan November household spending unexpectedly rises, up 2.9% year/year
TOKYO, Jan 9 : Japanese household spending unexpectedly grew in November from the year-earlier month, government data showed on Friday, rebounding from a sharp decline in October. Consumer spending rose 2.9 per cent, internal affairs ministry data showed, far better than the median market ...
Chinese firms dominated global humanoid robot shipments in 2025
The industry’s global sales more than quintupled from 2024, according to Omdia’s figures
GM to take US$6 billion writedown on EV pullback
GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit
Teachers, AI roles among Singapore’s fastest-growing jobs in 2026: LinkedIn
Therese Soh - Technical and strategic roles alongside those requiring human judgement and connection are on the rise
Mapletree Investments shoots for high sustainable returns, eyes more acquisitions and development activity
Jessie Lim - The property giant achieved an average 10.9% return on invested equity in the last decade, and aims for between 9% and 12%...