Heptamax International enters contract to design robotic painting line for RM575,000 in Malaysia
Nicole Lim - Heptamax International has entered into a new contract with a manufacturing company in Malaysia for RM575,000 ($182,487.18) to design a robotic painting line. The company’s subsidiary will provide professional services for the design and planning of the robotic painting line, including but not lim ...
Hong Kong expects higher private housing land supply as outlook brightens
HONG KONG, Dec 29 : The Hong Kong government said on Monday that private housing land supply for the full financial year is expected to exceed its initial target by 20 per cent, encouraged by a positive outlook from property developers. The government told reporters it plans to put two more smal ...
VinFast-linked GSM eyes international IPO; floats US$20 billion valuation
The company runs Vietnam’s largest all-electric taxi fleet under the Xanh SM brand
Singapore stocks close lower amid silver rally; STI inches down 0.1%
Ranamita Chakraborty - Silver rallies past the US$80 mark, and is up 181% in the year to date
Singapore stocks close lower amid silver rally; STI inches down 0.05%
Ranamita Chakraborty - Silver rallies past the US$80 mark, and is up 181% in the year to date
Russian billionaire Potanin acquires minority stake in cloud provider Selectel
MOSCOW, Dec 29 : Russian billionaire Vladimir Potanin has acquired a 25 per cent stake in a top IT infrastructure provider through companies he controls, one of the firms, T-Technologies, said on Monday.Catalytic People, a joint venture between Potanin's holding company Interros and T- ...
Thai army accuses Cambodia of violating truce with over 250 drones
[BANGKOK] Thailand’s army on Monday (Dec 29) accused Cambodia of violating a newly signed ceasefire agreement, reached after weeks of deadly border...
mm2 Asia unit receives payment demand for S$18.9 million from creditor
Shikhar Gupta - Solicitors are acting on behalf of Yi Xianhuang
South Korea's L&F slashes value of battery material supply deal with Tesla
SEOUL, Dec 29 : South Korean battery material maker L&F said on Monday the value of its 2023 supply deal with Tesla has shrunk to $7,386 from an earlier projection of $2.9 billion, without providing reasons for the sharp cut.L&F said in 2023 it had signed a deal to supply high nickel cathode ...
South Korea's L&F says value of battery material supply deal with Tesla cut to $7,386
SEOUL, Dec 29 : South Korean battery material maker L&F said on Monday the value of its 2023 supply deal with Tesla has shrunk to $7,386 from an earlier projection of $2.9 billion. In 2023, L&F said it had signed a deal to supply high nickel cathode materials to Tesla and i ...
Vietnam faces external challenges to growing 10% next year, central bank says
HANOI, Dec 29 : Tariffs and monetary policy in other countries will make it harder for Vietnam's central bank to get its policy settings right and hit an economic growth target of more than 10 per cent next year, a senior State Bank of Vietnam official said at a press conference on Monday ...
Silver breaks records in explosive year-end rally amid structural shortages
Samantha Chiew - Silver has surged to record highs in a volatile year-end rally, extending a 2025 run that has outpaced gold by a wide margin and sharpened debate over whether the move is rooted in fundamentals or momentum. By Dec 26, gold and silver were up about 70% to 72% and 140% to 150% respectively for the yea ...
Oatside’s early investor sells partial stake to Far East Organization’s family office Far East Capital
Far East Capital has bought preference shares in Singapore-based Oatside, a major manufacturer of oat milk, via a secondary sale in late...
Cambodian tycoon Chen Zhi linked to scams: Authorities to seize more assets in Singapore
[SINGAPORE] More assets in Singapore linked to Cambodian businessman Chen Zhi and his firm, Prince Group, may be seized after their existence was disclosed in...
SoftBank to buy DigitalBridge in $4 billion deal to bolster AI infrastructure push
Dec 29 : SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4 billion, the companies said on Monday, as the Japanese investment firm looks to deepen its AI-related portfolio.The acquisition would expand SoftBank's exposure to digital infrastr ...
SoftBank to acquire DigitalBridge in deal valued at $4 billion
Dec 29 : SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4 billion, the companies said on Monday, as the Japanese investment firm looks to deepen its AI-related portfolio.DigitalBridge shares had risen about 45 per cent earlier this month after ...
SoftBank nears deal for data center investment firm DigitalBridge, Bloomberg News reports
Dec 29 : SoftBank is in advanced talks to acquire DigitalBridge, Bloomberg News reported on Monday, citing people familiar with the matter. SoftBank could announce an agreement as soon as Monday, the report said. Reuters could not immediately verify the report.
South Korea exports hit record high in 2025
SEOUL, Dec 29 : South Korea's exports this year have surpassed $700 billion for the first time, the trade ministry said on Monday.The milestone of $700 billion was hit as of 0403 GMT on Monday, the ministry said.Exports from Asia's fourth-largest economy recorded an all-time hi ...
China to pay interest on digital yuan in bid to boost adoption
Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclear
Government launches 11.1 ha of industrial land for H1 2026 amid rising rents
Therese Soh - Six sites on the confirmed list have a total area of 8.58 ha
Government launches 11.1 ha of industrial land for 2026 amid rising rents
Therese Soh - Six sites on the confirmed list for H1 2026 have a total area of 8.58 ha
China’s Leapmotor targets annual sales of more than four million units in a decade
Stellantis controls a joint venture that sells and produces cars for the company overseas
Autobahn Rent A Car group appeals dismissed moratorium, reveals potential SGX listco investor
Derryn Wong - The group has also filed for a new six-week interim moratorium to facilitate investment negotiations
Thai IPO drought may persist as issuers chase valuations abroad
The country’s benchmark stock index is Asia’s worst performer this year, declining about 9%
Stocks mostly rise, precious metals slip in quiet Asian trade
Gold and silver both hitting record highs on expectations for more rate cuts
Nio shares climb 5.6% on report of more CATL reliance
Shikhar Gupta - CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost
Nio shares climb as much as 6.7% on report of more CATL reliance
Shikhar Gupta - CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost
India claims US$30 billion from Reliance Industries, BP for underproduction from gas field: sources
A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields
Hong Kong home prices rise for sixth month as market sentiment perks up
HONG KONG, Dec 29 : Private home prices in Hong Kong grew 0.9 per cent month-on-month in November, the sixth month of increase in a row, government data showed on Monday, as interest rate cuts and a vibrant stock market supported sentiment.BY THE NUMBERSHome prices climbed 0.9 per cent in Novembe ...
China’s LandSpace gears up to take on Elon Musk and SpaceX
The country’s state-led space programme has historically been allergic to failed launches
Ever Glory eyes more acquisitions and overseas markets after Mainboard debut, says CEO Xu
Felicia Tan - Ever Glory United debuted on the Singapore Exchange’s (SGX) Mainboard on Dec 29, just two years after its listing on the Catalist board on May 18, 2023. In an August interview with The Edge Singapore, CEO Xu Ruibing said that the mechanical and engineering (M&E) group had “the right” to li ...
BOJ debated need for more rate hikes even after December move, summary shows
The central bank has said underlying inflation must durably hit its target to justify further rate hikes
Imagining a housing market without ABSD
Leslie Yee - A world where the private homes market has fewer shackles and all locals can buy new HDB flats
Indonesia set to revamp benchmark rates for money market
Institutions use Jibor to determine interest rates for bank deposits, swaps and consumer loans, among other things
