LG Energy selling its 7.5% stake in lithium firm Liontown, term sheet shows
SYDNEY, Feb 25 : South Korea's LG Energy Solution is selling its 7.5 per cent stake, or shares worth at least A$419 million ($297.99 million), in Australian lithium producer Liontown in a block trade, according to a term sheet.The South Korean company is offering 239.5 million Liontown shares a ...
LG Energy Solution seeks to sell A$419 million worth of Liontown shares, term sheet shows
SYDNEY, Feb 25 : South Korea's LG Energy Solution is selling at least A$419 million ($297.99 million) of shares in Australia's Liontown in a block trade, according to a term sheet seen by Reuters.The South Korean company is offering 239.5 million Liontown shares, about 7.5 per cent of the ...
DBS maintains 'buy' and 45 cents target price on OUE REIT following Salesforce Tower deal
The Edge Singapore - Tabitha Foo of DBS Group Research has kept her "buy" call and 45 cents target price on OUE REIT after it announced the acquisition of a stake in a Sydney office. On Feb 24, the REIT, whose portfolio has been Singapore-dominant, announced that it is acquiring the Salesforce Tower at an agre ...
Private credit fund is selling US$477 million of assets at 94% value as industry worries continue
The software sector makes up 22.2% of New Mountain’s overall portfolio
Indonesia offers offshore yuan bond as fiscal concerns grow
The country is among an expanding list of global issuers capitalising on record low offshore yuan interest rates
ERA markets receiver’s sale of one-seventh stake in 5 Oxley Rise
Jovi Ho - ERA Realty Network has been appointed as the sole and exclusive marketing agent for the sale of a one-seventh interest in the property located at 5 Oxley Rise in the prime District 9. Previously the residence of the late property tycoon Cheong Eak Chong, who passed in 1984, the property features a t ...
Top 1% of Singapore households hold 14% of total household wealth; top 5% hold 33%: Jeffrey Siow
Elysia Tan - These are broadly comparable to advanced economies with similar wealth Gini coefficients
Top 1% of Singapore households hold 14% of total household wealth; top 5% holds 33%: Jeffrey Siow
Elysia Tan - These are broadly comparable to advanced economies with similar wealth Gini coefficients
Enterprise AI agent boom draws attention of state-sponsored hackers: reports
Nurdianah Md Nur - State-sponsored hackers from the Democratic People's Republic of Korea, Iran, the People's Republic of China, and Russia are experimenting with commercial artificial intelligence (AI) models to sharpen cyberattacks. This creates a new layer of risk as companies embed AI agents deeper into ...
HSBC profit beats forecasts with strong performance from wealth business
The bank is preparing to move towards a more Wall Street-style compensation model
HSBC profit beats as wealth division boosted by client income
The bank is preparing to move towards a more Wall Street-style compensation model
Tariffs, Big Tech and economic ‘golden age’: 10 things Trump said in the State of the Union address
Shikhar Gupta - He says his tariff strategy is directly responsible for bringing a new ‘golden age’ to the US
Tariffs, Big Tech and economic ‘golden age’: 10 things Trump said in the State of the Union
Shikhar Gupta - Trump says his tariff strategy is directly responsible for bringing a new “golden age” to the US
Great Eastern a ‘chapter’ behind OCBC, says new CEO Tan Teck Long
Felicia Tan - Oversea-Chinese Banking Corporation (OCBC) has no plans to raise its stake in Great Eastern Holdings, says group CEO Tan Teck Long at the bank’s FY2025 results briefing on Feb 25, his first after succeeding Helen Wong, who stepped down on Dec 31, 2025. “That is a chapter behind us already. We wi ...
HSBC full-year profit falls 7.4% but beats estimates
HONG KONG, Feb 25 : HSBC Holdings reported a 7.4 per cent decline in full-year pretax profit on Wednesday.After an unusually strong 2024, Europe's largest bank posted a pretax profit of $29.9 billion last year, versus $32.3 billion a year earlier.That compares with the $28.9 billion average of ...
Serenity Park condo in Yio Chu Kang put on the market at S$505 million
Ry-Anne Lim - The price tag translates to S$1,453 psf ppr
Tech firms lead Asian markets rally as Seoul, Tokyo hit records
HONG KONG: Stock markets in Seoul and Tokyo surged to record highs as tech firms led an Asia-wide rally on Wednesday (Feb 25) following a rebound in their counterparts on Wall Street.Investors built on a broadly healthy week in the region as they piled onto the artificial intelligence bandwagon amid ...
SIA’s Q3 financials beat street consensus; analysts expect share price to rise
Tay Peck Gek - DBS believes group’s better-than-expected passenger yields are ‘a potential early sign of an inflection point’
SIA’s Q3 financials beat street consensus; analysts see early signs of pricing recovery
Tay Peck Gek - DBS believes group’s better-than-expected passenger yields are ‘a potential early sign of an inflection point’
Tan Boon Liat Building in Outram up for sale again at lower S$1 billion reserve price
Chong Xin Wei - The price tag translates to a land rate of about S$1,757 psf ppr
Indian shares trail regional peers on $68.6 billion IT rout over AI concerns
Feb 25 : Indian shares have lagged their Asian and emerging market peers so far in February, pressured by a $68.6 billion rout in the market value of information technology stocks, as investors fretted over disruptions linked to artificial intelligence.The Nifty 50 index has risen 0.4 per cent so fa ...
DBS downgrades StarHub to ‘fully valued’; sees recovery only from FY2027
Nurdianah Md Nur - DBS Group Research has downgraded StarHub to “fully valued” with a lower target price of 94 cents, down from $1.19 previously. Analyst Sachin Mittal forecasts ebitda to fall about 20% in FY2026, broadly in line with StarHub’s guidance for a 20% to 25% decline, as consumer revenue slips and ent ...
Japan's government taps academics Asada, Sato for BOJ board
TOKYO, Feb 25 : The Japanese government on Wednesday nominated academics Toichiro Asada and Ayano Sato to join the Bank of Japan's nine-member board, a document presented to parliament showed, in appointments seen as a gauge of the Takaichi administration's thinking on monetary policy.Asad ...
URA releases two prime condo sites at Holland Plain, River Valley for sale
Ry-Anne Lim - Both are central area parcels, with Morrison Lane site being offered from the reserve list of state land sales programme
URA releases Holland Plain and Morrison Lane residential sites for sale
Ry-Anne Lim - The Holland Plain site is under the government land sales programme’s confirmed list, while the Morrison Lane site is being released under...
South Korea approves first petrochemical restructuring deal as supply glut weighs
The country is one of the world’s largest importers of naphtha
Maybank's Toh maintains 'buy' and 75 cents target price for Soon Hock following FY2025 earnings jump
The Edge Singapore - Toh Xuan Hao of Maybank Securities has kept his "buy" call and 75 cents target price for Soon Hock Enterprise Holding, after the company posted its FY2025 results that came in ahead of expectations. For the year ended Dec 31 2025, the newly-listed industry property developer recorded earni ...
Trump touts economic record in State of the Union, seeking reset ahead of midterm elections
Opinion polls show voters are unconvinced by Trump’s efforts on the cost of living
With midterm elections looming, an unpopular Trump seeks a State of the Union reset
Opinion polls show voters are unconvinced by Trump’s efforts on the cost of living
Tan Boon Liat Building up for second collective sale at reduced $1 bil asking price
Jovi Ho - Tan Boon Liat Building is up for a second collective sale close to a year after its first push achieved over 80% consensus but ended with no bids. Frequented by furniture buyers, the freehold 15-storey industrial warehouse and showroom landmark at 315 Outram Road has been launched for a fresh public ...
Gold rises as US tariff uncertainty lifts safe-haven demand
Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch Tool
Gold largely flat as dollar strength keeps pressure on prices
Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch Tool
SBS Transit shares jump 10.4% to new record on S$0.4065 dividend
Deon Loke - It’s rewarding shareholders with final dividend of S$0.0866 and special dividend of S$0.3199 per share
SBS Transit shares rise 10.4% to hit all-time high on special dividend proposal
Deon Loke - The group says it will pay a special dividend, in addition to a final dividend
