Gold rush swamps UOB; bank to turn away walk-in bullion buyers, starts appointment-only service
Deon Loke - It’s also extending operating hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions
UOB implements appointment-only system, extends hours for gold purchases amid surge in demand
Deon Loke - From Friday, it will no longer accept walk-in customers for gold purchases or Gold Savings Account physical conversions
Gold rush at UOB: bank extends hours and starts appointment-only service
Deon Loke - The lender is also extending hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions
Gold rush at UOB: bank to no longer accept walk-in bullion buyers, starts appointment-only service
Deon Loke - The lender is also extending hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions
DBS says AI push is paying off as it shifts from efficiency tool to growth engine
Renald Yeo - The time savings from the technology can be redeployed towards business expansion, says chief Tan Su Shan
‘Better outcome than we had expected’: Thai PM Anutin’s likely election win has analysts upbeat
Therese Soh - A Bhumjaithai Party victory could improve political stability as well as boost foreign inflows and the Thai economy
‘Better outcome than we had expected’: Thai PM Anutin’s election win has analysts upbeat
Therese Soh - The Bhumjaithai Party’s victory could improve political stability, boosting foreign inflows and the country’s economy
UBS to hire 50 HK wealth bankers after record revenue year
The Swiss bank, the largest private bank in Asia, hauled in US$62.5 billion of net new assets during 2025
Indonesia to hold follow-up meeting with MSCI this week after market rout
JAKARTA, Feb 9 : Indonesia will update MSCI with progress it has made for capital market reforms at a meeting this week, the Indonesian Stock Exchange said on Monday, after a warning by the index provider wiped tens of billions of dollars off its equity market.About $120 billion in market value has ...
South Korea watchdog says tougher crypto rules needed after $40 billion giveaway
SEOUL, Feb 9 : South Korea's financial market watchdog said on Monday local exchange Bithumb's unintentional giveaway of more than $40 billion in bitcoin to customers raises the need for tougher regulations to address the vulnerabilities of cryptocurrencies.The cryptocurrency exchange said ...
South Korea watchdog says $40 billion giveaway shows new rules needed to tackle crypto risks
SEOUL, Feb 9 : The chief of South Korea's financial market watchdog said on Monday local exchange Bithumb's unintentional giveaway of more than $40 billion worth of bitcoins to customers raises the need for improved regulations to address the vulnerabilities of cryptocurrencies.
NTUC chief to call for mandatory advance notification when workers are retrenched
The call will be made at the upcoming Budget debates, where NTUC will also be "very focused" on enabling white-collar professionals to develop their skills amid AI disruptions, said labour chief Ng Chee Meng.
Australia places tariff on Chinese steel frames, citing dumping
The move risks escalating trade tensions with China
Japan stocks soar to record, super-long bonds steady in nod to Takaichi's 'responsible' stimulus
TOKYO, Feb 9 : Japanese stocks swept to all-time peaks while super-long bonds quickly reversed early weakness in an apparent vote of confidence in Prime Minister Sanae Takaichi's "responsible, proactive" fiscal policy.The yen initially declined to a record trough against the Swiss fra ...
Asian banks’ FX desks brace for volatility as yen intervention risks return
Renald Yeo - Pickup comes despite a high base a year earlier when investors positioned for the return of Trump to the White House
ACE Team Foundation launches its #STOPbullying campaign for children and youth
The Edge Singapore - ACE Team Foundation, founded by Grab CEO Anthony Tan and Chloe Tong, has launched its anti-bullying campaign for children and youth. Named #STOPbullying, the campaign seeks to frame bullying not just as a school-only issue, but as a shared societal responsibility. The campaign will be fronted by an ...
Singapore’s four major telcos came under attack by cyber espionage group UNC3886
[SINGAPORE] All four major telcos in Singapore came under attack by a state-sponsored cyber espionage group UNC3886, whose activities to disrupt critical services...
What is UNC3886, the group that attacked Singapore’s telco infrastructure?
UNC3886’s attempts are known to be persistent, with the intention of intelligence gathering and long-term spying
Japan says companies can rebuff unsolicited bids amid takeover risk concerns
TOKYO, Feb 9 : Japanese companies are not obliged to accept unsolicited takeover bids even when offered large premiums, an industry ministry official told Reuters, amid growing concern about the targeting of leading firms by activist investors and foreign acquirers.Corporate Japan has seen a wave of ...
Major tax hikes unlikely in upcoming Budget, but property tax rates may rise in future
Leslie Yee - Hiking property tax rates relatively palatable; consider concessions if rates rise
Analysts see further upside for CICT on upcoming hougang central site development
Teo Zheng Long - Analysts from DBS Group Research, CGS International, Maybank Securities, UOB KayHian and RHB Bank Singapore are keeping their respective “buy” rating on CICT following the recent release of its FY2025 results. For DBS Group Research analyst Geraldine Wong, CICT’s FY2025 distribution per unit ( ...
China digital exports surge as Alibaba, Tencent lead global push
Beijing has vowed to find ways to help Chinese companies export services
Anutin’s win steadies Thai politics, but the economic test lies ahead
Thai people also participated in a referendum on whether to amend the 2017 constitution, with more than 60% agreeing with the change
Singtel’s Nxera opens AI-ready data centre in Tuas
Nurdianah Md Nur - Nxera, the data centre arm of Singapore Telecommunications (Singtel) Group, has opened a 58-megawatt facility in Tuas designed for the higher rack densities required by AI workloads. Known as DC Tuas, the 120,000-square-foot, eight-storey complex lifts Nxera’s total Singapore capacity to 120MW. Mo ...
Contender for Bank of Korea governor backs higher property taxes to contain inflation
SEOUL, Feb 9 : Lee Seung-heon, one of the leading candidates to become the next Bank of Korea governor, backs raising taxes on property ownership to stop surging home prices from stoking inflation but a policy pivot to more monetary tightening would be premature.Lee, who previously held the No.2 spo ...
Analysts stay positive on CLAS thanks to its consistency and stability
Samantha Chiew - CapitaLand Ascott Trust (CLAS) had recently announced its FY2025 ended Dec 31, 2025 results, which saw DPS unchanged y-o-y at 6.1 cents. For the 2HFY2025 period, DPS was 1% up y-o-y at 3.58 cents. Income available for distribution rose 11% y-o-y to $256.7 million in FY2025. The increase was driven b ...
Taiwan says 40% shift of chip capacity to US is ‘impossible’
The semiconductor ecosystem will continue to grow in Taiwan, Vice Premier Cheng Li-chiun said
Abu Dhabi’s G42 leads US$1 billion data centre project in Vietnam
The company is the primary developer of OpenAI’s Stargate infrastructure project in the UAE
ST Engineering breaches S$10 to close at all-time high of S$10.11; 4.1% surge follows raft of new product news
Shikhar Gupta - The company’s announcements at the Singapore Airshow include a new hovercraft vessel, satellites and its biggest cargo drone
ST Engineering breaches S$10 to hit all-time high of S$10.15; 4.5% surge follows raft of new product news
Shikhar Gupta - It announced at latest Singapore Airshow a new hovercraft vessel, satellites and its biggest cargo drone
ST Engineering shares rise as much as 4.4% to record high
Shikhar Gupta - The counter hits an all-time peak at S$10.14
ST Engineering shares rise as much as 4.3% to record high
Shikhar Gupta - The counter hits an all-time peak at S$10.13
Analysts revise Keppel target price upwards to almost S$14 on strong earnings prospects
Therese Soh - Shares up 4.1% at S$12.12 in early Monday trading, hitting their highest price in over 12 years
Analysts raise Keppel’s target price, maintain ‘buy’ on earnings growth forecasts
Therese Soh - Shares up 4.1% at S$12.12 on Monday, hitting their highest price in over 12 years
