Asian REITs continue to outperform in 3Q2025, ahead of Asian credit, global equities: Julius Baer
Jovi Ho - Chua Jen-Ai, Asia equity research analyst at Julius Baer, notes “positive but decelerating momentum” among Asian REITs in 3Q2025. Asian REITs maintained their outperformance in 3Q2025, with total US dollar-denominated returns of 23% for the 9M2025 period, ahead of credit markets in Asia, which a ...
Investors call for greater disclosure in Toyota's buyout of group company
TOKYO :Global investors have called on Toyota Motor to provide more disclosure about its planned buyout of group firm Toyota Industries, criticising what they said was "opaque" valuation and a failure to safeguard the interests of minority shareholders.An August 8 letter - made public on ...
DBS and Banque Saudi Fransi to work together on trade finance and payment flows between Asia and Saudi Arabia
Felicia Tan - DBS Group Holding and Saudi Arabian financial institution Banque Saudi Fransi (BSF) have signed a memorandum of understanding (MOU) to expand their trade settlement, financing and regional currency clearing solutions. The MOU was signed at the sidelines of Sibos, a global finance services conference ...
Nestle to axe 16,000 jobs as new CEO targets sales growth
The company employs around 277,000 people worldwide
Billions wiped off Nio’s market value as shares plunge 9.5% on news of GIC lawsuit
Shikhar Gupta - The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue
Billions wiped off Nio’s market value as shares plunge 13.8% on news of GIC lawsuit
Shikhar Gupta - The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue
Nio shares plunge 13.8% after Singapore’s GIC files lawsuit
Shikhar Gupta - The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue
Review under way to simplify Singapore’s foreign law firm licensing framework, strengthen local practice independence
Tessa Oh - Committee addressing concerns that the current system is too complex
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project; acquires 3 Tokyo facilities
Therese Soh - When completed, the Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million sq ft...
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
Therese Soh - When completed, the Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million sq ft...
TSMC profit beats estimates in latest sign of robust AI spending
Debby Wu / Bloomberg - Taiwan Semiconductor Manufacturing Co. (TSMC) posted a better-than-anticipated 39% jump in quarterly profit, the latest sign of rising demand for components like Nvidia chips that power AI. TSMC reported net income of NT$452.3 billion ($19.11 billion) in the September quarter, compared with the NT$4 ...
GIC sues China EV maker Nio and its top execs for ‘fraudulent recognition’ of at least US$600 million revenue from battery leasing arm
Derryn Wong - It it seeking damages arising from the purchase of 54.4 million Nio shares from 2020 to 2022
GIC sues China EV maker Nio, top execs for allegedly inflating revenues of at least US$600 million
Derryn Wong - It’s accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary shares
GIC sues China EV giant Nio, top execs for allegedly inflating revenues of at least US$600 million
Derryn Wong - It’s accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary shares
TSMC Q3 profit blows past market forecast to a record on AI spending boom
TAIPEI :TSMC, the world's main producer of advanced AI chips, posted a 39.1 per cent jump in third-quarter profit to record levels that handily beat market forecasts on Thursday, though U.S. tariffs could weigh on its outlook.Benefiting from surging demand for advanced chips used in artificial ...
TSMC Q3 profit jumps 39.1% to record, beats expectations
TAIPEI :TSMC, the world's largest contract chipmaker, posted a 39.1 per cent jump in third-quarter net profit on Thursday, beating market forecasts and hitting a record as it benefited from surging demand for semiconductors used in artificial intelligence applications.Taiwan Semiconductor Manuf ...
CLI-managed Extra Space Asia investing nearly $100 mil to develop Kaki Bukit site, acquire three Tokyo facilities
Jovi Ho - CapitaLand Investment-managed (CLI) self-storage platform Extra Space Asia (ESA) is investing nearly $100 million in its first build-to-suit flagship development in Singapore and acquiring three freehold self-storage facilities in Tokyo, Japan. According to CLI, ESA has acquired a land parcel at Kak ...
Karen Chen Xiuling quits SGX-listed 17Live’s board after US sanction for alleged ties to Cambodian scam empire
[SINGAPORE] An independent director of Singapore-listed 17Live Group has resigned after she was added to a US sanctions list for her alleged...
Karen Chen quits SGX-listed 17Live’s board after US sanction for alleged ties to Cambodian scam empire
[SINGAPORE] An independent director of Singapore-listed 17Live Group has resigned after she was added to a US sanctions list for her alleged...
Thai banks face lending income hit as weak economy persists
Margins will be pinched as interest-income gains are further limited, compounded by weak lending and bad debt
Malaysia central bank says it will transition to transaction-based benchmark market rates
[KUALA LUMPUR] Malaysia’s central bank said on Thursday that it will transition from the Kuala Lumpur Interbank Offered Rate (KLIBOR) to the...
Malaysian pension fund KWAP launches $475 million climate-focused investment fund
KUALA LUMPUR :Malaysian public sector pension fund Kumpulan Wang Persaraan (KWAP) said on Thursday it had launched the country's first climate-focused investment fund, with a target deployment of 2 billion ringgit ($475 million). It said the "Dana Iklim +" fund will seek climate-focus ...
TSMC ADR premium tops two-decade high as global buyers pile in
Options traders are also positioning for more gains
Banks and private credit clash after Dimon’s cockroach barb
The bickering underscores what’s at stake as a tidal wave of change sweeps across the financing landscape
Six Asean payment networks to establish global standards body for cross-border payments
Shikhar Gupta - The participating networks are Nets, PayNet, Napas, BancNet, Artajasa and Rintis
Six Asean payment networks tie up for one cross-border system to rule them all
Shikhar Gupta - The participating networks are Nets, PayNet, Napas, BancNet, Artajasa and Rintis
Foreign money spurs wilder twists in Japan's sedate bond yield curve
TOKYO :A rush of foreign money into Japan's super-long-dated bonds is creating sharper shifts in the usually calm yield curve as recent political chaos and doubts over central bank rate hikes fan investor uncertainty.Changes in the shape of Japan's government bond (JGB) curve, which charts ...
Auditor for Dasmond Koh’s NoonTalk Media flags going concern doubts amid net losses
Deon Loke - The group incurs a net loss of nearly S$1.8 million and has net liabilities of S$396,000
Asia: Stocks rise as traders weigh China-US row, rate cut hopes
ASIAN equities edged up on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal...
With US-China tensions back on the upswing, is the TikTok deal at risk?
Analyst opinions are mixed on the viability of the deal for TikTok's US ownership, with "everything on the table" after recent flare-ups.
Asia stocks rise as traders weigh China-US row, rate cut hopes
HONG KONG: Asian equities edged up on Thursday (Oct 16) as investors weighed the latest volleys in the China-US trade war and expectations that
Australian unemployment rate jumps to four-year high of 4.5%
Swati Pandey / Bloomberg - Australian unemployment jumped to a four-year high as the economy added fewer jobs and more people sought work, signalling the labour market is loosening and adding to the case for the Reserve Bank of Australia (RBA) to resume lowering interest rates as soon as next month. The currency and yields on ...
GIC files securities lawsuit against EV maker Nio in US
The Edge Singapore - Sovereign wealth fund GIC has filed a lawsuit in the US against China-based electric vehicle maker Nio and its executives, alleging securities fraud. Nio is listed on three exchanges: US, Hong Kong, and Singapore. The suit was filed on Aug 28 in a New York district court. The Edge Singapore has reac ...
Indonesia sovereign wealth fund INA to trim exposure to infrastructure
Wong Chia Peck - Indonesia Investment Authority CIO says it will diversify to real estate
