EU Commission has ordered X to retain all Grok documents until end 2026, spokesperson says
BRUSSELS, Jan 8 : The European Commission has ordered Elon Musk's social media site X to retain all internal documents and data relating to its built-in artificial intelligence chatbot, Grok, until the end of 2026, a commission spokesperson said on Thursday.The European Commission s ...
US actions turns Venezuela upside down but global oil market bubbles on
Lin Daoyi - When Iraq invaded oil-rich Kuwait in 1990, the price of oil more than doubled from the mid-teens to above US$40 a barrel, reawakening fears of a new oil crisis suffered by world consumers in the 1970s. When the US attacked Venezuela, the owner of the world’s largest oil reserves, over the last wee ...
Hang Seng Bank shareholders approve HSBC's $13.6 billion buyout proposal
HONG KONG, Jan 8 : Hang Seng Bank shareholders on Thursday approved a plan by its majority owner HSBC to take the bank private, in a landmark move to further boost the Asia-focused lender's presence in Hong Kong.HSBC, which proposed to buy the 36.5 per cent of Hang Seng shares it does not al ...
Importers brace for US$150 billion tariff refund fight if Trump loses at Supreme Court
The court is expected to issue rulings on Friday
One Bangkok sets records and standards for Thai capital
Goola Warden - One Bangkok is Thailand’s mega integrated development, with ultra-premium Grade A+ office space that may give Asia-Pacific’s gateway cities a run for their money. Arguably, it is the largest integrated project in Thailand to date, and the only integrated project in Thailand with hospitality, ret ...
Death of the liberal international order
Kwan Wei Kevin Tan - Post-Venezuela, the rest of the world is compelled to think harder by US ‘peacemaker in chief’ Donald Trump When President Donald Trump was sworn into his second term on Jan 20, 2025, he pledged to bring peace, not war, to the US. “We will measure our success not only by the battles we win but ...
DBS lays groundwork for significant risk transfers: sources
South-east Asia’s largest bank held preliminary talks with funds investing in SRTs
Coastal Cabana nets ‘strong’ interest in year-end e-applications
Jovi Ho - A focus on larger layouts, with units starting from three-bedroom configurations, has netted Coastal Cabana “strong” interest from families and HDB upgraders “planning for longer-term occupation”, says Ouyang Jing, director, Qingjian Realty. Developed by Qingjian Realty, Forsea Holdings, ZAC ...
India defends antitrust penalty law in Apple fight
The watchdog says it could compute penalties from global turnover, but only sought “India-specific financial details”
China brands go upmarket as Japan mounts EV charge at Singapore Motorshow
Derryn Wong - Models from Chinese carmakers priced from S$500,000 debut; Toyota and Honda officially introduce electric vehicles
CDL’s Newport Plaza brings nature back into the concrete jungle
Jovi Ho - Offices, serviced apartments, residential units and a “green lung” for Anson Road — the upcoming Newport Plaza by City Developments (CDL) is a multi-faceted project that aims to reinvigorate the surrounding urban fabric. Capitalising on its strategic location at the nexus of the CBD and the fu ...
Apac commercial real estate in ‘stabilisation phase’, drawing investors: Cushman & Wakefield
Jovi Ho - The Asia-Pacific commercial real estate (Apac CRE) market “has moved firmly into the stabilisation stage”, signalling “attractive entry points” for investors across multiple sectors and geographies, says Cushman & Wakefield. 2025 started off on a muted note as investors were still cautio ...
2025 private property prices rise at slowest pace since 2020: URA
Jovi Ho - Private residential property prices rose at a slower pace of 0.7% q-o-q in 4Q2025, compared to a 0.9% rise in the previous quarter, according to flash estimates released by URA on Jan 2. For the whole of 2025, private residential property prices rose by 3.4%, compared to a 3.9% increase in 2024. The ...
Subsidiaries of Dasin Retail Trust manager receive court summonses over Companies Act breaches
Evan See - Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
[HONG KONG] Shareholders of Hang Seng Bank on Thursday (Jan 8) voted for a plan floated by its majority owner HSBC to...
Property Briefs: 68 and 69 Syed Alwi Road, Beverly Group and TRX, 28 Carpenter St, The Centrepoint and more
City & Country - Residential development plot at 17 Seraya Road in District 15 for sale via public tenderA residential development site at 17 Seraya Road, located within the highly sought-after District 15, is up for sale at a guide price of $19 million, according to exclusive marketing agent Knight Frank Singapore. ...
CenterSquare’s Apac head eyes Japan real estate as deflation ends
Jovi Ho - The “golden era for REITs” — more than a decade of low interest rates after the end of the Global Financial Crisis (GFC) and before the outbreak of Covid-19 — will not return, says Joachim Kehr, Asia-Pacific head at CenterSquare Investment Management. But that is not necessarily a bad thing. ...
Seven & i misses estimates with 9% fall in quarterly profit
TOKYO, Jan 8 : The Japanese operator of the 7-Eleven convenience store chain, Seven & i Holdings, reported an 9.1 per cent fall in operating profit for the third quarter, it said on Thursday.The company made a profit of 116.7 billion yen ($744.59 million) for the September-November period, ...
US raid in Venezuela contravenes international law, and is worrying for small countries: SM Lee
Lionel Lim - Washington is more willing to act unilaterally when it sees that its national interests require this, he says
US raid in Venezuela is worrying for small countries: SM Lee
Lionel Lim - Washington is more willing to act unilaterally when it sees that its national interests require this, he says
Real estate agency ERA censured by regulator for lapses in agent supervision
Ry-Anne Lim - This is the first instance of such action against a major industry player
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
Evan See - The deal’s completion follows an initial announcement in August 2025
Geo Energy Resources completes acquisition of 51% of shares in two companies
Nicole Lim - Geo Energy Resources has completed the acquisition of 51% of shares in both Trans Maritim Pratama (TMP) and Bahari Segara Maritim. The 275,196,480 consideration shares as such have been issued to Geo Energy on Jan 8, bringing the company’s total number of shares up to 1,708,198,126 shares excludin ...
EU antitrust regulators to decide on Google's Wiz deal by February 10
BRUSSELS, Jan 8 : EU antitrust regulators will decide by February 10 whether to clear Alphabet's $32 billion acquisition of cybersecurity company Wiz, its largest deal ever, according to a filing on the European Commission website.Alphabet announced the deal in March last year as it do ...
Fortress Minerals earnings surge to US$4.49 mil for 3QFY2026
Nicole Lim - Fortress Minerals has reported a net profit of US$4.49 million ($5.77 million) for the 3QFY2026 ended Dec 31, 2025, a surge from the US$0.7 mil net profit reported in the same period a year ago. For the 9MFY2026, net profit grew 17.6% y-o-y to US$8.927 million. The group’s revenue for 3MFY2026 cam ...
Volvo Cars recalls over 413,000 US vehicles due to rearview camera issue
Jan 8 : Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday.The software will be updated by a dealer or through an over-the-air (OTA) update, ...
Singapore stocks track regional decline; STI down 0.2%
Young Zhan Heng - Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands
Singapore stocks track regional declines; STI down 0.2%
Young Zhan Heng - Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands
The relation between crude oil, interest rates and equities
Goola Warden - The Venezuelan Incident has sparked a global market rally. For equity markets, the focus is on crude oil’s link to inflation and interest rates. Interest rates, in turn, affect equity valuations and corporate profits in different ways. Daleep Singh, Vice Chair and Chief Global Economist at Fixed I ...
‘Solid’ Singapore property market affirms UOB Kay Hian’s confidence in PropNex
Lin Daoyi - UOB Kay Hian (UOBKH) analyst Adrian Loh reiterated his optimism in PropNex by raising the counter’s target price by more than 25% to $2.51 and maintaining its “buy” rating. In a research note dated Jan 8, Loh believes that with a Jan 7 closing price of $1.96, it is now an opportune time for in ...
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
The Government is working hand in glove with the country’s largest banks to teach new technology skills
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America
Landmark EU–Mercosur trade deal close to signing, promising economic gains despite fierce farmer opposition
The agreement, involving the European Union and five South American countries, has been more than two decades in the making.
Nvidia requires full upfront payment for H200 chips in China, sources say
The US chipmaker has imposed unusually stringent terms requiring full payment for orders with no options to cancel, ask for refunds or change configurations after placement.
