Sam Liew to take over Ng Kuo Pin as NCS CEO on April 1
The Edge Singapore - Ng Kuo Pin will be handing over the CEO role at NCS to his deputy Sam Liew with effect from April 1. In the seven years Ng is at this role, he has helped grow this Singtel subsidiary with a series of acquisitions across the region. "He broadened its business footprint and deepened its capabilit ...
Brokers' Digest: Reclaims Global, ASL Marine, NTT DC REIT, Food Empire, ThaiBev, Elite UK REIT, PropNex
The Edge Singapore - Reclaims Global Price target: UOB Kay Hian ‘buy’ 56 cents Strong construction industry tailwinds UOB Kay Hian analysts Tang Kai Jie and Heidi Mo have initiated coverage on Reclaims Global with a “buy” call and 56 cents target price, as they believe that the company, as one of Singapore’s t ...
HSBC to conduct ‘strategic review’ of HSBC Life
Navene Elangovan - This is part of the group’s ‘ongoing simplification’ globally
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
Tan Nai Lun - The bank says this comes under the group’s global ‘ongoing simplification’ drive
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
Empire Wind developer Equinor says it would lose over US$1b in contracts if project does not restart soon
NODX grew by 6.1% y-o-y in December 2025; NODX up by 4.8% for the year
Felicia Tan - Singapore’s non-oil domestic exports (NODX) grew by 6.1% y-o-y in December 2025, moderating from the double-digit expansions seen in October and November. This brings NODX for the full year to 4.8%. In December, electronic and non-electronic exports rose. Electronic NODX expanded by 24.9% y-o-y wi ...
Singapore’s key exports growth eases to 6.1% in December, falling short of forecasts
Elysia Tan - Both electronics and non-electronics exports expand
Singapore’s key exports growth eases to 6.1% in December as pharma drags
Elysia Tan - UOB raises its 2026 forecast to 3%, from 1.2%
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16):
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
Shikhar Gupta - The logistics property will be leased back to DHL once the deal is completed
A long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
[FRANKFURT] The European Central Bank will not debate any rate change in the near term if the economy stays on course, but...
US asks allies to step up measures on Chinese minerals
[NEW YORK] The US will convene dozens of foreign ministers from allied countries next month to pursue an agreement designed to help...
White House says 25% semiconductor tariffs a 'phase one' action
WASHINGTON, Jan 15 : The U.S. Commerce Department's 25 per cent national security tariff on certain high-end semiconductors announced on Wednesday is a "phase one" action to protect the sector and could be followed by other announcements pending negotiations with other countries and c ...
Bank of Japan is said to heighten focus on price impact of weak yen
Japanese businesses are turning increasingly vocal about foreign exchange rates
CLAR acquires logistic asset in US in sale and leaseback from DHL
The Edge Singapore - On Jan 16, CapitaLand Ascendas REIT (CLAR) announced the acquisition of DHL Canal Winchester, a modern Class A logistics property in Columbus, Ohio for $94.5 million, a 3.3% discount to the independent market valuation of the property of $97.7 million as at Jan 1, 2026. The total acquisition cost in ...
Texas homebuilder to launch crypto rewards after SEC green light
NEW YORK, Jan 15 : Privately held Texas homebuilder Megatel Homes LLC said on Thursday it will start issuing a crypto payments and rewards token.The announcement came after the Securities and Exchange Commission sent Dallas-based Megatel a "no-action" letter late Thursday, effectively allo ...
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating
What are significant risk transfers – and why is DBS reportedly considering them?
Renald Yeo - Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals
Secondary listings on SGX set to grow in 2026, but regulatory frictions loom
Ranamita Chakraborty - Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential
Memory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom
AI hyperscalers will drive higher US corporate bond supply in 2026, analysts say
WASHINGTON, Jan 15 : U.S. corporate bond issuance is expected to increase substantially in 2026, driven in part by AI hyperscaler companies' build-out needs, analysts forecast.While pent-up M&A activity and a need by companies to refinance existing debt will likely contribute to higher over ...
IMF’s Georgieva says central bank independence critical, backs Powell
[KYIV] International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind...
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
[WASHINGTON] JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by...
US, Taiwan reach trade deal focused on semiconductors, US Commerce Department says
Chipmakers like TSMC that expand US production will get a lower tax rate for semiconductors they import into the country
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude...
Fed officials back rate-cut pause as inflation concerns linger
The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting
Oil settles down 4% as Trump comments ease Iranian supply concerns
[HOUSTON] Oil prices settled down around 4 per cent on Thursday ending a five-day streak of gains after US President Donald Trump said...
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and...
US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
[NEW YORK] US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly...
California approves Verizon acquisition of Frontier, clearing way for closing
Jan 15 : The California Public Utilities Commission on Thursday approved Verizon Communications' $20 billion deal to acquire fiber-optic internet providers Frontier Communications , clearing the way for the deal to close on Tuesday after Verizon agreed to a series of conditions.California state ...
California set to approve Verizon acquisition of Frontier
Jan 15 : The California Public Utilities Commission is set on Thursday to approve Verizon Communications's (VZ.N) $20 billion deal to acquire fiber-optic internet providers Frontier Communications (FYBR.O) after a series of conditions agreed to by the U.S. telecom company, board members said. ...
Blackstone could invest up to $4.65 billion for data center in Germany, Handelsblatt reports
Jan 15 : Blackstone could invest up to 4 billion euros ($4.65 billion) for a data center in Lippetal, Germany, Handelsblatt reported on Thursday, citing sources.In December, Blackstone’s president Jon Gray said he still sees good opportunities to invest in data centers despite a rush of investment ...
Blackstone to invest $4.65 billion for data center in Germany, Handelsblatt reports
Jan 15 : Blackstone is providing 4 billion euros ($4.65 billion) for a data center in Lippetal, Germany, Handelsblatt reported on Thursday, citing sources.Blackstone did not immediately respond to a Reuters request for comment.($1 = 0.8611 euros)
