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
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 ...
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
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 ...
SP Group and Huawei introduce Singapore’s fastest EV charger with battery storage
Derryn Wong - It is rated for a maximum power of 480 kW and can add 200 km of range in five minutes for compatible...
Kopi Kenangan is profitable now, but its CEO thinks his pitfall was ‘too much funding’ at the start
Lionel Lim - The coffee chain is starting – but not rushing – its global roll-out early to future-proof the business
Inside Singapore’s largest silver vault: How is the metal stored and handled?
Chloe Lim - BT interviews the founder of the city-state’s largest silver vault
Uber ordered to pay US$8.5 million in trial over driver sex assault claims
The company maintains that its drivers are independent contractors rather than employees
AvePoint unifies enterprise data with SaaS platform, providing security and resilience
Emelia Tan - AvePoint is a global leader in data security, governance and resilience. Led by CEO Jiang Tianyi, AvePoint’s global channel partner programme provides over 3,500 managed service providers, value-added resellers and system integrators with solutions available in more than 100 cloud marketplaces. 1. ...
AI race sends Big Tech’s capital spending to stratospheric high
Each tech giant has laid out a slightly different route to recouping their investments
How China uses a ‘national team’ to influence trading
Bloomberg - China’s stock market has long been more volatile than Beijing would like, a problem that has taken on greater urgency as the government tries to shift growth away from property and debt and towards technology and innovation. Equities are increasingly expected to help fund companies, support househ ...
HSBC Wealth expands start-up wealth offering in Singapore as founders eye growth
Samantha Chiew - HSBC has launched an enhanced entrepreneurial wealth proposition in Singapore, targeting a growing pool of founders and business owners diversifying internationally amid geopolitical uncertainty and a rebound in capital markets. The bank is positioning the city-state as a hub where entrepreneurs can ...
