Microsoft shares fall 6% in Frankfurt after results
LONDON, Jan 29 : Microsoft shares dropped 6.2 per cent in Frankfurt on Thursday a day after the company said it had spent a record amount on artificial intelligence in the last quarter and posted slower cloud-computing growth, worrying investors. The decline was roughly in line with Microsoft's ...
Indonesia financial regulator says it will impose 15% stock free float requirement
JAKARTA, Jan 29 : Indonesia's financial regulator said on Thursday that it would double the free float requirement on listed firms to 15 per cent as part of its response to MSCI concerns about transparency on the country's stock exchange, which prompted massive sell-offs this week.The head ...
Singapore GDP resilient in near term, boosted by AI-driven tech demand: MAS
Singapore’s growth outlook is increasingly tied to the global AI boom, with tech sectors set to drive momentum.
CAAS to sign nine deals at Singapore Airshow and Changi Aviation Summit
Shikhar Gupta - The agreements will cover sustainability, innovation and human capital development
CAAS to sign nine agreements at Singapore Airshow and Changi Aviation Summit
Shikhar Gupta - The agreements will cover sustainability, innovation and human capital development
DBS keeps 'hold' call and 80 cents target price on Genting SG under review
Samantha Chiew - DBS Group Research is keeping its "hold" recommendation and 80 cents target price on Genting Singapore (GENS) for now as it continues to review the counter. While analyst Chee Zheng Feng is upbeat that the F1 Grand Prix is packing up rooms at Resorts World Sentosa (RWS), he is mindful that ...
Melvin Lim, Grayce Tan step down from KW Singapore leadership roles; Jonathan Lee appointed to lead agency
Jessie Lim - [SINGAPORE] PropertyLimBrothers (PLB) co-founder Melvin Lim has “stepped back from his duties” as operating principal of KW Singapore.
STI could hit as high as 6,500 on extended rally, says JPMorgan, giving its top picks
Therese Soh - Small and mid-cap stocks could ‘stage a catch-up rally’ amid ‘strong catalysts’
Indonesian stocks tank as downgrade risk sets off rush for exits
The benchmark Jakarta Composite Index was down about 6 per cent, off an earlier drop of 8 per cent, hit by what brokerage sources called "panic selling".
South Korea pension fund to respond to FX volatility, chief says
SEOUL, Jan 29 : South Korea's pension fund has been responding to foreign exchange volatility and will continue to do so, the chairman said on Thursday, as it seeks to help stabilise the won."The National Pension Service (NPS) and foreign exchange are not irrelevant to each other. Especial ...
Singapore, Asia markets end largely higher after Fed pause and MAS hold as focus shifts to earnings
Benicia Tan - Investor attention is shifting towards fundamentals and AI-linked growth themes in the region
Singapore, Asia markets steady after Fed pause and MAS hold; spotlight turns to earnings
Benicia Tan - Investor attention is shifting towards fundamentals and AI-linked growth themes in the region
Suzuki overtakes Nissan as Japan's third‑largest automaker in 2025
TOKYO, Jan 29 : Suzuki Motor overtook Nissan as Japan's third-biggest automaker in 2025, sales data released by the two companies showed on Thursday, the first time in at least over a decade that Suzuki has outsold Nissan during a calendar year.Suzuki reported a 1.4 per cent rise in global sale ...
Analysts raise OUE REIT’s target price on stable FY2025 performance and lower financing cost
Teo Zheng Long - Analysts from OCBC Group Research, CGS International, DBS Group Research and Maybank Securities are raising their target price for OUE REIT (SGX: TS0U ) , following a stable set of FY2025 results. OUE REIT’s FY2025 revenue and net property income (NPI) grew 0.1% and 1.6% y-o-y to $273.6 million an ...
ABB gives confident outlook for 2026, launches $2 billion buyback
ZURICH, Jan 29 : ABB on Thursday said it was feeling confident about 2026 as it reported fourth quarter earnings slightly ahead of forecasts and launched a new $2 billion share buyback.The maker of electrification systems and electrical motors said its operational EBITA rose 19 per cent to $1.58 bil ...
Meta must have facial recognition measures for notable Facebook users in Singapore or risk S$1 million fine
This is to reduce scam advertisements, accounts, profiles and business pages that impersonate two sets of people
SAP meets Q4 revenue forecasts, cloud demand resilient
Jan 29 - SAP on Thursday reported fourth-quarter revenue that met market estimates, as resilient demand for its cloud software and services suggested enterprise spending held up despite a cooling global economy.SAP also announced a two-year buyback program worth up to 10 billion euros.The Walldorf-b ...
AirAsia nears deal for 100 Airbus A220 jets in expansion push
Tthe airline is set to start its Middle East hub in Bahrain as early as this year
Hyundai Motor Q4 profit skids due to US tariffs, but humanoid robot hope boost shares
SEOUL, Jan 29 : Hyundai Motor on Thursday warned U.S. tariffs would continue to hurt its financials this year, after they led it to report a worse-than-expected 40 per cent plunge in fourth-quarter operating profit. South Korea's largest automaker said, however, it aimed to improve margins and ...
Hyundai Motor reports bigger-than-expected profit fall in Q4 as US tariffs bite
SEOUL, Jan 29 : Hyundai Motor on Thursday reported a 40 per cent fall in fourth-quarter operating profit versus a year earlier, missing analysts' estimates by a big margin, as U.S. tariffs offset the positive impact of a weaker South Korean currency.This marks the third consecutive decline in q ...
Hyundai Motor reports 40% slump in Q4 operating profit
SEOUL, Jan 29 : Hyundai Motor on Thursday reported a 40 per cent fall in fourth-quarter operating profit versus a year earlier, missing analysts' estimates by a big margin, as U.S. tariffs offset the positive impact of a weaker South Korean currency.This marks the third consecutive decline in q ...
Toyota retains top auto crown in 2025 with record sales
[TOKYO] Toyota Motor sold a record 11.3 million vehicles globally in 2025, the company said on Thursday, retaining its crown as the...
How activist investors turned a Toyota buyout into a battleground
TOKYO, Jan 29 : Toyota's plan to take an affiliate private looked unremarkable at first. Instead, the bid for Toyota Industries, or TICO, ignited a battle between activist investors demanding top dollar and a Japanese corporate culture that prizes stakeholder harmony over shareholder returns.Th ...
From Meta to Samsung, global tech unleashes spending to chase AI
Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres
Savills Singapore launches 163-unit Scenery House in London’s refurbished Television Centre to local buyers
Jovi Ho - Savills Singapore is presenting to local buyers this weekend the final residential phase of London’s refurbished Television Centre, on the site of the former BBC headquarters. Set within the heart of White City in the London Borough of Hammersmith and Fulham, Scenery House is a new, modern mansion ...
Japan’s Nidec delays results again, vows culture reform after crisis
The company’s founder Shigenobu Nagamori has already stepped down as chairman of the board
Thai December factory output rises 2.52% y/y, beats forecast
BANGKOK, Jan 29 : Thailand's manufacturing production index rose 2.52 per cent in December from a year earlier, the industry ministry said on Thursday, stronger than analysts' forecasts.The December figure compared with a year-on-year decline of 0.9 per cent forecast in a Reuters poll, and ...
Thai December factory output rises 2.52% y/y, better than forecast
BANGKOK, Jan 29 : Thailand's manufacturing production index rose 2.52 per cent in December from a year earlier, the industry ministry said on Thursday, stronger than analysts' forecasts.The December figure compared with a year-on-year decline of 0.9 per cent forecast in a Reuters poll, and ...
Anchorpoint shopping centre up for sale with S$295 million guide price
Ry-Anne Lim - This works out to around S$3,751 per sq ft on its existing net lettable area of 78,636 sq ft
JP Morgan lifts STI base-case target to 6,000; bull-case to 6,500
Felicia Tan - JP Morgan analysts Mervin Song, Terence Khi, Harsh Modi, Ranjan Sharma, Sumedh Samant and Karen Li now see the Straits Times Index (STI) reaching 6,000 points in their base-case scenario. In a bull case, the analysts believe the index could climb further to 6,500 points. "The STI has continued ...
Sembcorp Development gets nod to develop 467ha industrial park in central Vietnam
Jovi Ho - A joint venture of Sembcorp Development, a wholly owned subsidiary of Mainboard-listed Sembcorp Industries, has received approval to develop VSIP Hue, a 467ha industrial park in central Vietnam. Sembcorp Development received approval via its Vietnam Singapore Industrial Park (VSIP) joint venture wit ...
Investors punish Big Tech AI spending that delivers slower growth
Jan 29 : Investors responded to Big Tech earnings this week with a stark warning: they will forgive record spending that brings solid growth, but punish companies if not, showing how much the stakes have changed since ChatGPT's launch more than three years ago.Revenue at Facebook owner Meta Pla ...
Nvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
Amazon joins Microsoft and Nvidia to fund the AI startup
Anchorpoint mall up for sale at S$295 million
SINGAPORE: Anchorpoint mall at Alexandra Road is up for sale with a guide price set at S$295 million (US$234 million).The freehold mall, located opposite Ikea, comprises a total strata area of 110,373 square feet, alongside a standalone two-storey conservation building.This is the latest suburban re ...
