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 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 ...
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 ...
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%...
London player Colt targets data centre migration to expand Singapore market share
Young Zhan Heng - It views global connectivity as its competitive advantage, and identifies opportunities in SGX data centre migration
Blackstone eyes US$2.6 billion of debt to finance power merger
Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids
Panama says it cancelled flag of US-seized oil tanker a year ago
[PANAMA CITY] Panama’s maritime authority on Thursday said it had cancelled in January of last year the flag of the M Sophia,...
Big Tech spared strict rules in EU digital regulations overhaul, sources say
The tech giants will be subject only to a voluntary framework rather than binding rules
China’s Anta Sports has offered to buy Pinault family’s 29% Puma stake: sources
The Hong Kong-listed company has a track record of acquiring and revamping Western sports and lifestyle brands
Oil settles up 3% on Venezuela news, supply worries in Russia, Iraq and Iran
[NEW YORK] Oil prices climbed over 3 per cent on Thursday after two straight days of declines, settling at a two-week high as...
Trading Day: Defense over tech, payrolls next
Glencore and Rio in talks to form world’s biggest miner
Both companies own some of the best copper mines in the world
Hiring, but cautiously: Targeted recruitment, more contract roles expected in 2026
Jobseekers are advised not to be discouraged by "unrealistic" job ads and to focus on soft skills alongside in-demand digital competencies.
Commentary: China is overplaying its rare earth hand in Japan
Few countries are better prepared against China threatening their rare earth supplies than Japan, says David Fickling for Bloomberg Opinion.
European stocks’ early-2026 rally hits speed bump as retail reality check drags
EUROPEAN stocks fell on Thursday, dragged down by a selloff in tech and disappointing updates from several heavyweight retailers, while weaker gold and...
US stocks: Wall Street ends mixed as tech dips, defence stocks rally
WALL Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defence companies advanced after President Donald Trump called for an...
Strengthening governance beyond compliance
Over the past decade, female board representation has risen from 8.3% in 2014 to 18.3% in 2025, across all listed firms
Exclusive-Big Tech spared strict rules in EU digital rule overhaul, sources say
BRUSSELS, Jan 8 : Alphabet's Google, Meta Platforms, Netflix, Microsoft and Amazon will not face heavy-handed regulations in Europe's digital rule overhaul despite calls from telecoms companies, people with direct knowledge of the matter said on Thursday.A slew of new tech rules adopted in ...
CrowdStrike to buy identity security startup SGNL for $740 million to tackle AI threats
Jan 8 : CrowdStrike said on Thursday it would buy identity security startup SGNL in a deal valued at $740 million aiming to enhance its cybersecurity tools to help customers counter artificial intelligence-powered threats.The cybersecurity company looks to benefit from SGNL's "continuou ...
Italy’s privacy watchdog warns Grok over deepfake AI content
MILAN, Jan 8 : Italy's data protection authority on Thursday warned users and providers of artificial intelligence tools, including Elon Musk’s chatbot Grok, over the risk of generating deepfake images from real content without the consent of featured individuals.The warning comes am ...
Some of Warner Bros' biggest investors are split on Paramount offer
Jan 8 : Some of Warner Bros Discovery's biggest investors are split on Paramount Skydance's sweetened offer for the storied movie studio owner, giving the smaller media company a fighting chance at winning over shareholders.Investors have until Jan. 21 to accept Paramount's latest ...
China's Anta Sports has offered to buy Pinault family's 29% Puma stake, sources say
The offer comes as the German sportswear brand’s valuation has slumped and talks stall over price expectations.
Qualcomm to provide infotainment tech for new Volkswagen platform
BERLIN, Jan 8 : Volkswagen plans a long-term supply deal with U.S. chip designer Qualcomm to deliver infotainment technology for the German carmaker's new software platform.Qualcomm will provide high-performance system-on-chips for infotainment capabilities starting in 2027, Volkswagen ...
