Coinbase registers with Indian financial watchdog to offer crypto trading services
MUMBAI : U.S.-headquartered cryptocurrency exchange Coinbase Global has registered with India's Financial Intelligence Unit (FIU), allowing it to offer crypto trading services in the country, the company said on Tuesday.Coinbase said it plans to launch its initial retail services later this yea ...
Korean Air launches new branding after US$1.3 billion Asiana acquisition
[SEOUL] Korean Air on Tuesday (Mar 11) launched new aircraft livery and corporate branding that will be introduced across the company as...
Market Focus Daily: Tuesday, March 11, 2025
Asian markets track Wall Street selloff as Trump-fuelled economy fears build; Singapore bank stocks tumble as STI drops 2% after US, Asia...
Is S$1 million enough for retirement? There is no magic number; what counts more are good financial habits
Leslie Yee - Make use of CPF Life, take some risks, be open to making trade-offs
Is S$1 million enough for retirement? No magic number; grow good financial habits as well
Leslie Yee - Make use of CPF Life, take some risks, be open to making trade-offs
Embattled Nissan picks chief planner Espinosa as new CEO, replacing Uchida
[YOKOHAMA] Nissan on Tuesday (Mar 11) said Ivan Espinosa, its chief planning officer, would take the helm from Apr 1, marking the...
Korean Air launches new branding after $1.3 billion Asiana acquisition
SEOUL : Korean Air on Tuesday launched new aircraft livery and corporate branding that will be introduced across the airline as it combines with South Korean rival Asiana Airlines to become one of Asia's biggest carriers. South Korea's largest airline in December completed a $1.3 billion a ...
Lego posts record profit, CEO shrugs off US tariff threat
Lego’s success stands out in an otherwise sluggish toy market, as consumer sales increased by 12%
Macro funds’ options trades are increasingly ditching the US dollar
MACRO hedge funds are increasingly seeking currency option trades that exclude the US dollar as they navigate the market turbulence stemming from...
Volkswagen sees flat profit margin this year as costs weigh
The group’s operating margin is expected in a range of 5.5% to 6.5%, compared with 5.9% in 2024
Chinese retail traders embrace DeepSeek in a nod to quants
Chinese social media is brimming with online courses teaching traders how to use DeepSeek to evaluate companies, pick stocks, and code trading...
Thailand offers tax incentives to bolster slumping stock market
Bloomberg - Thailand will provide tax incentives for investments in the nation’s equity market that has underperformed peers this year amid foreign outflows. Individuals will get a tax allowance of as much as THB300,000 ($11,791) for their new investment in equity funds, called ESG X, Fiinance Minister Pich ...
Interactive map: Singapore’s new electoral boundaries for GE2025
Explore the changes to Singapore’s Group Representation Constituencies and Single Member Constituencies
Singapore’s GE2025 electoral boundary changes at a glance
Tessa Oh - Five new or renamed GRCs and six newly-formed SMCs are among the changes
Sri Lanka 'welcomes' investment opportunities from Adani, says official
COLOMBO : Sri Lanka has not changed its stance on doing business with India's Adani Group and welcomes investment opportunities from the conglomerate, the country's cabinet spokesperson said on Tuesday.Gautam Adani, the chairman of the ports to power business group, and top executives of A ...
Changes to majority of Singapore’s electoral divisions with more MPs, new GRCs and SMCs
Tessa Oh - Pasir Ris-Punggol GRC, Jurong GRC split up; widespread shifts in east and west
Big Chinese share sales are luring back long-term investors
Bloomberg - Global long-term investors are placing billions of dollars worth of orders in Chinese deals after years of largely shunning them. In the past week in Hong Kong, deep-pocketed firms known as “long-only” investors — such as mutual funds — have bought shares in electric-car giant BYD and bubbl ...
Philippine central bank chief says more rate cuts on the table
Salamat Sanwan - An interest rate cut will be considered at the next policy meeting now scheduled for Apr 10, taking into account the latest...
China’s aluminium firms win big on stunning drop in raw material
Demand for aluminium remains solid, driven by usage in the clean energy and car sectors
GuocoLand bags S$367.1 million green facility to develop Faber Walk site
Crystal Heng - The group plans to turn it into a residential development with 399 units
GuocoLand secures $367.1 million green club facility from DBS
The Edge Singapore - GuocoLand has secured a $367.1 million green club facility loan from DBS Bank for the development of the Faber Walk site. The land parcel was awarded to GuocoLand and its joint venture partners TID and Hong Leong Holdings last November. The latest green facility for the future development at the F ...
Standard Chartered launches exclusive investment club for ultra-wealthy clients
[BENGALURU] Standard Chartered said on Tuesday (Mar 11) that its global private banking unit had launched an investment platform specifically tailored for...
Nissan focused on product development as it hunts for partner
Salamat Sanwan - Much of the automaker’s woes can be pinned on an ageing lineup of outdated cars
What is Chocolate Finance, who is its founder and how did it fall into a liquidity problem?
Tan Weizhen - [SINGAPORE] Financial services firm Chocolate Finance on Monday (Mar 10) temporarily suspended instant withdrawals due to “high demand”. A notice on its...
Couche-Tard rejects Seven & i’s antitrust concerns over US$47 billion takeover bid
The companies are the top two players in the US convenience store market, with about 20,000 locations between them
CGSI raises TP on ISDN Holdings to 40 cents on expected gradual recovery
Douglas Toh - Following the release of ISDN Holdings’ FY2024 ended Dec 31, 2024 results, CGS International (CGSI) analyst William Tng is keeping his “add” call on the stock at a raised target price (TP) of 40 cents from 35 cents previously. In the 2HFY2024, ISDN's revenue grew 15.5% y-o-y, driven by a ...
Asia: Markets track Wall Street selloff as Trump-fuelled economy fears build
[HONG KONG] Asian markets tumbled on Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as...
Singapore’s private equity markets will keep growing even if stocks stay lacklustre
Wong Chia Peck - There are various ways for companies to raise capital without going public, says Hartley Rogers of PE investment giant Hamilton Lane
Citigroup cuts US stocks, raises China on pause in US exceptionalism
Just under three months into the year, many sell-side strategists have to begun to moderate their rosy forecasts for 2025 as Trump’s...
Electric vehicles fuel Indonesia's first car sales growth since June 2023
JAKARTA :Indonesia's car sales in February rose 2.2 per cent year-on-year, the first growth recorded since June 2023, data from the country's car association showed on Tuesday, amid growing adoption of electric vehicles (EV) driven mostly by Chinese brands.Car sales in Southeast Asia' ...
Indonesia's car sales post first growth since June 2023
JAKARTA : Indonesia's car sales in February rose 2.2 per cent year-on-year, the first growth recorded since June 2023, data from the country's car association showed on Tuesday.Car sales in Southeast Asia's largest economy have been facing challenges due to weak spending power and a t ...
Singapore supercharges HPC, quantum computing and AI research with $24.5 million push
Nurdianah Md Nur - Singapore has launched a national initiative aimed at accelerating advancements and synergies between supercomputing, quantum computing and artificial intelligence (AI) research. Dubbed HQCC 1.0 (hybrid quantum-classical computing), the initiative will focus on attracting, developing, and retaining ...
Asian markets track Wall Street selloff as Trump-fuelled economy fears build
HONG KONG: Asian markets tumbled Tuesday (Mar 11) following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs
Consumed by consumption
John Woods - The biggest bombshell from the National People’s Congress? In my view, China’s announcement it was “vigorously” shifting its focus from investment-led to consumption-led growth. This is big. And it’s bold. It’s like the All Blacks abandoning rugby and switching to soccer. Or Arsenal swit ...
