Info-Tech shares gain following higher FY2025 earnings guidance
The Edge Singapore - Info-Tech Systems shares jumped nearly 10% thus far today after the company's announcement on Jan 21 that it expects its FY2025 earnings to be a 'considerable increase' over the preceding FY2024 ended Dec 31 2024. The company, the first mainboard listing last year, says the higher ear ...
Info-Tech shares jumped following higher FY2025 earnings guidance
The Edge Singapore - Info-Tech Systems shares jumped nearly 10% thus far today after the company's announcement on Jan 21 that it expects its FY2025 earnings to be a 'considerable increase' over the preceding FY2024 ended Dec 31 2024. The company, the first mainboard listing last year, says the higher ear ...
Customer experience platform Toku debuts 6% above Catalist IPO price
Shikhar Gupta - Toku offers AI-based cloud communications services to businesses
Customer experience platform Toku closes 14% above IPO price on Catalist debut
Shikhar Gupta - The company offers AI-based cloud communications services to businesses
Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025
Therese Soh - This is attributed to higher academy training revenue due to stronger demand
South Korea’s Kospi stock benchmark tops 5,000 for first time
[SEOUL] South Korea’s stock benchmark topped 5,000 points for the first time on Thursday, powered by gains in chipmakers like Samsung Electronics...
Gold eases as tariff risks over Greenland fade, while US$7,000 an ounce remains on the table
Benicia Tan - Market watchers caution that heavy speculative bets could trigger price corrections if sentiment falters
How high can gold go after breaking US$4,800? Some analysts say US$7,000
Benicia Tan - Market watchers caution that heavy speculative bets could trigger price corrections if sentiment falters
Stocks to watch: Seatrium, Toku, AA Reit, HRnetGroup, Info-Tech Systems
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 22):
Lululemon founder slams board after see-through leggings fiasco
LULULEMON Athletica founder Chip Wilson lashed out over the company’s latest product flop, calling it a “total operational failure” that he blamed...
Circles.Life to increase platform fee from S$0.30 to S$0.70 from Feb 1, drawing criticism online
The fee will go towards funding improvements and new services
Seatrium unit files arbitration proceedings over dispute with consortium partner Aibel
Therese Soh - The company is unable to ascertain the financial impact arising from the proceedings
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
Therese Soh - The company is unable to ascertain the financial impact arising from the proceedings
Surging memory chip prices dim outlook for consumer electronics makers
Jan 22 : Global demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain's Raspberry Pi to HP Inc raise sticker prices to offset surging memory chip costs. The rapid build-out of artificial intelligence infrastructure by U.S. tech ...
Seatrium files arbitration against project partner Aibel, claiming 180 million euros
The Edge Singapore - Seatrium is finding itself in yet another legal pickle. Fresh after it reached an agreement on an offshore wind farm project with Maersk, Seatrium has filed arbitration proceedings against its project partner Aibel, claiming 180 million euros over differences in revenue and cost distribution. Aibel, ...
Frasers Hospitality launches first premium rental apartment project, Modena by Fraser Shenzhen
Felicia Tan - Frasers Hospitality, on Jan 22, announced the launch of Modena by Fraser Shenzhen, a 325-room premium rental apartment in Luohu, Shenzhen. The launch marks the introduction of Modena by Fraser’s refreshed brand experience and the group’s maiden investment into the premium rental apartment segmen ...
Malaysia set to hold interest rate as growth stays strong, inflation low
The economy has proved resilient amid global headwinds
US House panel advances bill to give Congress authority over AI chip exports
[NEW YORK] The US House of Representatives Foreign Affairs Committee on Wednesday overwhelmingly advanced a bill that would give Congress power over...
South Korea economy unexpectedly contracts in Q4, but AI boom brightens outlook
SEOUL, Jan 22 : South Korea's economy unexpectedly shrank in the final quarter of 2025, marking the biggest slump in three years on weaker investment and exports, but the global AI boom is set to improve the outlook and allow the central bank to retain its steady rates stance. The contraction f ...
South Korea economy unexpectedly contracts in fourth quarter
SEOUL, Jan 22 : South Korea's economy unexpectedly shrank in the final quarter of 2025, marking the biggest contraction in three years, advanced central bank estimates showed on Thursday. Gross domestic product decreased 0.3 per cent in the October-December period from the preceding three month ...
South Korea Q4 2025 GDP -0.3% q/q, misses forecast
SEOUL, Jan 22 : South Korea's economy unexpectedly shrank in the final quarter of 2025 to mark the biggest contraction in three years, advanced central bank estimates showed on Thursday. Gross domestic product decreased 0.3 per cent in the October-December period from the preceding three months ...
Walmart, Microsoft, Tiger Global to sell 50.7 million shares in PhonePe's India IPO
Jan 21 : Walmart, Microsoft and Tiger Global will sell about 50.7 million shares of PhonePe [PHOP.NS] in the Indian payments firm's initial public offering, a draft prospectus dated Wednesday showed.
World Economic Forum 2026: Hope for ‘multi-bilateralism’
As the world fragments towards multiple poles, Davos holds out for a possible yet fragile new global economic order
A couple of micro-cap SGX companies are surging – but investors should think twice before biting
Jude Chan - Acma and Sitra have not offered compelling growth stories, so their share price gains may not be sustainable
The SGX-NYSE tie-up didn’t take off, but conditions today may spell success for SGX-Nasdaq dual listing
Benjamin Cher - Rising interest rates and post-pandemic situation weighed on market in 2022, but that has changed
Trump says he may be down to one candidate to head the Fed
[DAVOS, Switzerland] US President Donald Trump on Wednesday indicated he was close to choosing the new chair of the Federal Reserve, adding...
JPMorgan’s Dimon warns of ‘economic disaster’ for US as Trump backs credit card rate cap
Banking industry bodies have pushed back strongly against the move
European shares end flat as Trump tones down Greenland rhetoric
EUROPEAN shares trimmed earlier losses and closed flat on Wednesday after US President Donald Trump softened his rhetoric around the acquisition of Greenland,...
Honeywell, Flexjet settle litigation, extend engine maintenance deal
Jan 21 : Honeywell said on Wednesday it had reached an agreement with private aviation company Flexjet to resolve their litigation and aims to rebuild their commercial partnership.The industrial conglomerate said it agreed to extend its aircraft engine maintenance deal with Flexjet through 2035 as p ...
Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports
[HOUSTON] Oil prices closed 0.5 per cent higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields...
Commentary: China’s marathon boom needs a second wind
China's enormous growth in distance running neatly mirrors the country’s rise as an economic power, says Juliana Liu for Bloomberg Opinion.
Trump rules out force, tariffs, says Greenland deal framework reached
[DAVOS, Switzerland] US President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out...
US stocks: Wall Street ends higher on Greenland framework deal
ALL three Wall Street benchmarks closed higher on Wednesday, buoyed by the news that a framework for an agreement on Greenland had...
F/m Investments seeks SEC approval to tokenize Treasury bill ETF shares
Jan 21 : F/m Investments said on Wednesday that the asset manager has filed with a regulator for approval to record ownership of tokenized shares in its U.S. Treasury 3-month bill (TBIL) ETF on a permissioned blockchain.The filing with the U.S. Securities and Exchange Commission comes amid growing e ...
