The boom in private tech investing
Assif Shameen - Over the past decade or so that I have written this fortnightly tech column, I have occasionally received feedback from readers across Southeast Asia. While I do know some of the people who send me comments or queries, I don’t know how others got my email contact. Most of the questions I get are a ...
Nissan to cut jobs at European regional office as part of global overhaul
TOKYO/PARIS :Nissan will eliminate 87 positions at its European regional office in France, a company document and internal emails showed, as part of CEO Ivan Espinosa's global restructuring and turnaround plan that includes a 15 per cent cut in headcount. The struggling Japanese automaker is wo ...
Singing all the way to the bank: Vietnam’s pop culture is big business
Jamille Tran - The country’s entertainment giants Yeah1 and DatVietVAC are cashing in as pop culture explodes
Oil rises 2% after Ukrainian attack damages Russian oil depot
Oil prices jumped about 2 per cent on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or 1.97 per cent, to $64.25 a barrel by 0315 GMT, while U.S. West Texas Intermediate crude ro ...
Oil climbs more than 2% after Ukrainian attack damages Russian oil depot
Oil prices rose more than 2 per cent on Friday after a Ukrainian drone attack damaged an oil depot in the Russian Black Sea port of Novorossiysk. Brent crude futures rose $1.34, or 2.13 per cent, to $64.35 a barrel by 0227 GMT, while U.S. West Texas Intermediate crude rose $1.40, or 2.39 per cent, t ...
Oil climbs 2% as Russian port suspends oil exports after Ukrainian attack
LONDON :Oil prices climbed about 2 per cent on Friday, boosted by supply fears after the Black Sea port of Novorossiysk halted oil exports following a Ukrainian drone attack that hit an oil depot in the major Russian energy hub.Brent crude futures were up $1.24, or 2 per cent, at $64.25 a barrel by ...
Oil climbs 1% after Ukrainian attack damages Russian oil depot
Oil prices climbed about 1 per cent on Friday, boosted by supply fears after a Ukrainian drone attack hit an oil depot in a major Russian export hub, the Black Sea port of Novorossiysk.Brent crude futures rose 79 cents, or 1.25 per cent, to $63.80 a barrel by 0701 GMT, while U.S. West Texas Intermed ...
Stocks hammered on dashed hopes of imminent Fed rate cut
LONDON :World stock markets took a beating on Friday as a hawkish tone from Federal Reserve officials doused hopes for a December U.S. rate cut, while a still-messy data calendar and worries about an AI bubble added to the angst.Blue-chip bourses from Tokyo to Paris and London were deep in the red w ...
Stocks crumble as hopes fade for imminent Fed rate cut
SYDNEY :Asian shares tumbled on Friday, joining a global selloff as hawkish comments from Federal Reserve officials doused hopes for a U.S. rate cut next month, while a still-messy data calendar added to the angst.MSCI's broadest gauge of Asian shares outside of Japan slid 1.1 per cent after st ...
Home loans are getting cheaper – should you stick with HDB or switch to a bank loan?
Daryl Choo - [SINGAPORE] If you’ve been eyeing your first flat or thinking about switching up your home loan, you’ve probably noticed that interest rates...
Foreign investment helps Asean offset global headwinds
Manu Bhaskaran - Not surprisingly, the profound shifts of recent times — intensifying geopolitical tensions that threaten to split the world into two camps, a trade war with many twists and turns, and transformational technological advances — are setting in motion a reallocation of capital flows. Overall, the bi ...
The world comes to China
Daryl Guppy - Over the last few days, I attended the China International Import Expo (CIIE) in Shanghai. The operative word here is “import”. This is where the world vies for the best position to attract the attention of China’s importers. For the expo’s partipants, hailing from around 155 countries, this ...
IMF sees Thai GDP growth at 1.6% in 2026
BANGKOK :Thailand's economic growth is projected to reach 2.1 per cent this year and then slow to 1.6 per cent in 2026 in the face of increasing economic headwinds, the International Monetary Fund said. Economic conditions suggest there is room for further monetary easing, it said in a statem ...
Balancing caution and yield ahead of 2026
Andrew Wong, Ezien Hoo, Wong Hong Wei, and Chin Meng Tee - Credit spreads continue to trade at or near multi-year or historically low levels as of Nov 7, despite prevailing risks, with credit markets rallying amidst periodic risk-on sentiments and expectations for Fed rate cuts. Asia USD investment-grade and high-yield spreads have tightened considerably in ...
JP Morgan chases disruption below megacaps as AI broadens opportunity set
Samantha Chiew - JP Morgan Asset Management’s Joseph Wilson is clear about where he hunts for returns in technology. “We invest across all market caps and all sectors,” he says, adding that the team applies “a tech lens” to spot leaders even when industry classifications say otherwise. In practice, that me ...
Wealth fees a bright spot for DBS and OCBC; UOB’s pre-emptive provisions should be seen as ‘positive’, says CEO Wee
Felicia Tan - Despite lower rates, which dampened margins, the 3QFY2025 report cards for DBS Group Holdings and Oversea-Chinese Banking Corporation (OCBC) were better than expected, driven by heftier wealth management fees. Meanwhile, United Overseas Bank (UOB) was weighed down by hefty general provisions. The ba ...
SIA shares fall on net profit drop; analysts expect Air India losses to continue
Shikhar Gupta - The counter falls as low as S$6.41 after market opens
SIA shares tumble on net profit drop; CGSI expects ‘persistent’ Air India losses
Shikhar Gupta - The counter declines to as low as S$6.41 after market opens
SIA shares fall as much as 3.6% on net profit drop
Shikhar Gupta - The counter drops as low as S$6.41
Singapore Airlines shares fall as much as 3.6% on net profit drop
Shikhar Gupta - The counter droppped as low as S$6.41
SIA shares fall 2% on net profit drop; analysts expect Air India losses to continue
Shikhar Gupta - Morningstar and OCBC analysts view Singapore Airlines’ stake in Air India positively, despite an expected near-term earnings drag
Broker's digest: Zixin, Sanli, CA-REIT, Food Empire, CSE Global, UMS Integration, Boustead
The Edge Singapore - Zixin Group Price target: Lim & Tan ‘buy’ 6.6 cents Fully integrated vertical value chain Lim & Tan Securities analyst Nicholas Yon has initiated a “buy” call on Zixin Group with a target price of 6.6 cents. The target price is pegged to 10 times FY2026 P/E ratio, which is significan ...
South Korea to boost EV subsidies in 2026 to help auto industry weather US tariffs
SEOUL :South Korea's government said on Friday it would boost subsidies for electric vehicles (EVs) by 20 per cent next year as part of a package to help the country's auto industry weather risks caused by U.S. tariffs. The government said in a statement passenger EV subsidies would be inc ...
Ant International brings iris scanning to smart glasses to power AR commerce
Nurdianah Md Nur - Ant International has integrated iris authentication into Alipay+ GlassPay, its payment solution for augmented reality(AR)/smart glasses, to support merchants and digital platforms in developing more personalised and efficient consumer experiences. Successfully tested on AlipayHK, the solution enabl ...
Frasers Property full-year profit rises 17.8% to S$243.1 million
Shikhar Gupta - A dividend of S$0.045 per share has been proposed
Frasers Property full-year profit rises 17.8% to S$243 million on fair value gains; revenue dives S$800 million
Shikhar Gupta - A dividend of S$0.045 per share has been proposed
Frasers Property H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects
Jessie Lim - The group is exploring a redevelopment of Yishun 10
Frasers Property full-year profit rises 17.8% to S$243 million on fair-value gains
Jessie Lim - The group is exploring a redevelopment of Yishun 10
Bitcoin sinks deeper below US$100,000 as bear market grips crypto
BITCOIN sank deeper below the US$100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks...
Stocks to watch: SIA, Sats, Venture Corp, Frasers Property, First Resources, Bumitama Agri, StarHub, Centurion
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 14):
First Resources reports underlying net profit of US$239.6 million, up 58% y-o-y
Lin Daoyi - First Resources has announced a 58% y-o-y increase in its underlying profit to US$239.6 ($311.8) million for the nine months ending Sept 30. In a business update, the Indonesia-based palm oil company says overall revenue in the same period was up by nearly 60% to nearly US$1.14 billion from US$711.1 ...
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
Therese Soh - This is due to commencement of new leases, rental escalations from existing leases and lower interest costs
Thai economic growth likely slowed sharply in Q3 on weak consumption: Reuters Poll
BENGALURU :Thailand's economic growth likely slowed sharply last quarter as weak household spending and ongoing domestic uncertainty offset gains from exports, a Reuters poll of economists showed.Weighed down by high debt and fragile confidence, private consumption - a key driver of economic gr ...
United Hampshire US REIT reports distributable income of US$7 million for 3QFY2025, up 15.5% y-o-y
The Edge Singapore - United Hampshire US REIT has reported 3QFY2025 revenue of US$18.1 million, up just 1.4% y-o-y. Yet, net property income was up 5.7% y-o-y to US$12.7 million and distributable income of US$7 million, an increase of 15.5% y-o-y, thanks to lower financing costs. This brings its 9MFY2025 revenue to US$5 ...
