XMH Holdings records 40% y-o-y increase in revenue to $94 million for six months ended Oct 31
Lin Daoyi - Marine engine distributor XMH Holdings announced on Dec 12 a strong set of results for the six months ending Oct 31, recording growth for all three of its business segments. However, the gross profit margin decreased to 32.9% in 1HFY2026 from 36.3% in 1HFY2025. The company attributes the decline to ...
China brings EV price war to Thailand, dangling 38% discounts
The steep discounts have fuelled a more than 20% surge in sales in both October and November
Robot vacuum Roomba maker files for bankruptcy after 35 years
Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company
Stocks to watch: ST Engineering, ESR-Reit, OUE Reit, Hutchison Port Holdings Trust, Soilbuild Construction
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 15):
Stocks to watch: ST Engineering, ESR-Reit, OUE Reit, Hutchison Port Holdings Trust
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 15):
Stocks to watch: ST Engineering, ESR-Reit, OUE Reit, Hutchinson Port Holdings Trust
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 15):
ESR-Reit sells 8 Singapore assets to Brookfield for S$338 million; sale would trim distribution
Shikhar Gupta - The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay
ESR-Reit sells eight Singapore assets to Brookfield for S$338 million; sale would trim distribution
Shikhar Gupta - Divestment part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay
ESR-Reit sells eight non-core Singapore assets for S$338.1 million in distribution dilutive divestment
Shikhar Gupta - The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay
ESR-Reit sells 8 Singapore assets to Brookfield for S$338.1 million; sale would trim distribution
Shikhar Gupta - The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay
Roomba maker iRobot files for bankruptcy, to go private after buyout
Dec 14 : Roomba vacuum cleaner maker iRobot said on Sunday that it had filed for bankruptcy protection, and would go private after being acquired by Picea, its primary manufacturer. The company, which raised concerns about staying in business in March, filed for bankruptcy in the District of Delawar ...
Korea Zinc board to discuss plan to build smelter under US joint venture, source says
SEOUL, Dec 15 : Korea Zinc's board will meet on Monday to vote on a plan to build a smelter to refine key minerals in the U.S. under a joint venture with the U.S. government and companies, a source familiar with the issue said, adding investments would total 10 trillion won ($6.78 billion).Sout ...
ESR-REIT sells 8 properties to Brookfield for $338.1 million
The Edge Singapore - ESR-REIT plans to sell 8 properties for $338.1 million to entities managed by Brookfield Asset Management at a slight premium of 2% above valuation. Assuming all net proceeds are used to repay existing debt, ESR-REIT's pro forma aggregate leverage as at Dec 31 2024, will decrease from 42.8% to ...
China confronts the cost of dismantling the world’s biggest coal sector
Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy transition
Japan business mood hits 4-year high, keeps BOJ rate-hike view alive
TOKYO, Dec 15 : Big Japanese manufacturers' business sentiment hit a four-year high in the three months to December, a closely watched central bank survey showed on Monday, suggesting the economy was weathering the hit from higher U.S. tariffs.The outcome reinforces market expectations the Bank ...
Japan business mood hits 4-year high, keeps alive BOJ rate-hike view
TOKYO, Dec 15 : Big Japanese manufacturers' business sentiment hit a four-year high in the three months to December, a closely watched survey showed on Monday, reinforcing market expectations the central bank will raise interest rates this week.But firms expect conditions to worsen three months ...
UK regulation of cryptoassets to start in October 2027, finance ministry says
LONDON, Dec 15 : Britain will start regulating cryptoassets from October 2027, the finance ministry said on Monday, rules it hopes will give the industry certainty while keeping out "dodgy actors".The new law - the government will introduce legislation into parliament later on Monday - wil ...
ASX hit with A$150 million capital charge, regulatory reforms
The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership
Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
The Japanese utility has a long-term contract to procure 1.1 million tonnes of LNG annually from Russia’s Sakhalin-2 project
Why Jupiter’s Apac income fund overweights Singapore stocks
Natalie Koh - The asset manager has identified stocks in the Republic that have enough liquidity, as well as earnings and dividend growth potential
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
Derryn Wong - The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
Young Zhan Heng - It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new...
Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors
Ben Paul - A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal...
Bearish outlook persists for WTI
WEST Texas Intermediate (WTI) crude oil prices have remained weak this year, down 18 per cent year-to-date at the time of writing.
Back to office? JPMorgan’s US$4 billion NY edifice should ease the pain
Lee U-Wen - It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive...
‘Not meant to make a big statement’: JPMorgan’s Jamie Dimon on why the bank has shelled out US$4 billion on New York HQ
Lee U-Wen - It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive...
Australia to enforce new food pricing rules in crackdown on Coles and Woolworths
Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers
Commentary: LinkedIn and the great gender swap
It’s becoming clear that women face extra barriers to visibility on social media, says Isabel Berwick for the Financial Times.
In danger, there’s opportunity: How SingHaiyi’s 29-year-old scion Gallant Tang is reshaping its next chapter
Ry-Anne Lim - How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership
Gallant Tang: Shaping SingHaiyi Group’s next chapter
Ry-Anne Lim - How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership
In danger, there’s opportunity: How SingHaiyi’s 29-year-old scion is reshaping the property group’s next chapter
Ry-Anne Lim - How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership
In danger, there’s opportunity: SingHaiyi’s 29-year-old scion helms property group amid ‘turbulent’ time
Ry-Anne Lim - How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership
In danger, there’s opportunity: How SingHaiyi’s 29-year-old scion Gallant Tang is reshaping the developer’s next chapter
Ry-Anne Lim - How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership
