Analysts increase Marco Polo Marine’s TPs to 12 cents and above after shipbuilding contract win
Felicia Tan - Analysts from Maybank Securities, CGS International (CGSI), UOB Kay Hian and RHB Bank Singapore are remaining bullish on Marco Polo Marine, perhaps even more so, after the offshore and marine (O&M) secured its largest shipbuilding contract to date. All brokerages have maintained their “add” ...
Yangzijiang Maritime closes at 67 cents on debut day of trading; reaches intra-day high of 71 cents
Nicole Lim - Yangzijiang Maritime, the spin-off listing of Yangzijiang Financial Holding, closed at 67 cents on its debut day of trading on Nov 18. Trading commenced at 9am on Nov 18 at 66 cents and reached an intraday high of 71 cents. On Oct 30, Yangzijiang FInancial received conditional eligibility-to-list th ...
Exclusive-Brazil eyes taxing crypto for cross-border payments, sources say
BRASILIA :Brazil is looking at taxing the use of cryptocurrencies for international payments, two officials with direct knowledge of the discussions told Reuters, closing a loophole in the country's usual levy on foreign-exchange transactions.One of the sources, who spoke on condition of anonym ...
Future of Investment and Trade Partnership agrees on supply-chain resilience efforts at first meeting
Low Youjin - The group of small and medium-sized pro-trade countries is not ‘against any particular country’, says DPM Gan Kim Yong
Ueda signals BOJ remains on rate hike path after PM meet
He stressed his unshaken intention to carefully raise rates
STI falls 0.9%, tracking regional peers
Young Zhan Heng - All the STI constituents were in the red
EU probes Amazon, Microsoft's cloud services for potential curbs
The European Commission has launched three market investigations on cloud computing services by Amazon and Microsoft under the Digital Markets Act (DMA), which aims to curb the power of Big Tech and ensure a level playing field for smaller rivals.It opened two probes to assess if the companies shoul ...
European Commission probes cloud computing services by Amazon, Microsoft for potential gatekeeping
The European Commission has launched market investigations on cloud computing services by Amazon and Microsoft under the digital markets act (DMA), which aims to curb the power of Big Tech and ensuring a level playing field for smaller rivals.It said it opened two probes to assess if the companies s ...
Baidu posts worst sales fall on record despite major AI spending
The results underscore the Internet search leader is losing ad business to rivals while struggling to compete in a crowded AI field
Analysts upgrade Delfi to ‘hold’ after ‘surprisingly strong’ 3QFY2025 results
Felicia Tan - Analysts from CGS International and DBS Group Research have upgraded Delfi Limited to “hold” from “reduce” and “fully valued” respectively. Both brokerages have also given the Mainboard-listed confectioner higher target prices after the company reported a “surprisingly strong” set of ...
More jail time for former KTL Global chief executive Tan Kheng Yeow
Shikhar Gupta - He has been sentenced to two years and eight months in prison
Europe's banks face 'unprecedentedly high' risk of shocks, ECB warns
Banks face a new reality with more frequent shocks from tariffs to cyberattacks
Cloudera sees AI hitting reality wall as firms struggle with data engineering and security
Felicia Tan - Corporate enthusiasm for artificial intelligence (AI) is colliding with hard reality. A July 2025 report by the Massachusetts Institute of Technology’s (MIT) Media Lab stated that 95% of corporate AI initiatives show zero return, underscoring the gap between experimentation and execution. For Abha ...
Chinese search engine Baidu's Q3 revenue beats expectations
BEIJING :Chinese search engine company Baidu beat market expectations for third-quarter revenue on Tuesday, helped by strong growth in its cloud business amid a recovering ad market. The company reported total revenue of 31.17 billion yuan ($4.38 billion)，compared with estimates of 30.7 billion yu ...
No firm is immune if AI bubble bursts, Google CEO Pichai tells BBC
Pichai calls the AI boom an ‘extraordinary moment’ but warns of market irrationality
AT&S expands in Malaysia as global AI demand accelerates
Since setting up in Malaysia last year, the tech giant has invested more than €1.2 billion (US$1.4 billion) in facilities and operations, and has committed another €500 million for the next phase of expansion.
Apple takes 25% share of China smartphone market in October on iPhone 17 demand
Apple's iPhone accounted for one in every four smartphones sold in China in October, with sales jumping 37 per cent from a year earlier on strong demand for the iPhone 17 series, data from research firm Counterpoint showed on Tuesday (Nov 18).Apple last achieved this market share milestone in 2 ...
Real estate players brace for market curbs as housing debt climbs: NUS poll
Chong Xin Wei - Debt-limiting rules such as loan-to-value and mortgage servicing ratio are seen as more effective than ABSD
Dollar holds gains vs yen with Japan fiscal policy, US data in focus
The dollar clung to gains against the yen after touching a fresh 9-1/2-month high on Tuesday, and edged up versus the euro as investors worried about Japan’s fiscal stance and awaited U.S. data for signals on the Federal Reserve’s next move.Data from the Cleveland Fed showed that 39,000 America ...
Dollar hits fresh 9-1/2-month high versus yen, Japan fiscal policy, US data in focus
The dollar touched a fresh 9-1/2-month high against the yen before easing and edged down versus the euro on Tuesday, as investors worried about Japan’s fiscal stance and awaited U.S. data for signals on the Federal Reserve’s next move.Global stocks sagged with the heaviest selling in tech-driven ...
Singapore leads South-east Asia IPO market with US$1.6 billion in proceeds: Deloitte
Ranamita Chakraborty - Malaysia logs the highest number of new listings, with 48 issues raising US$1.1 billion in 2025 so far
Johor leads Malaysia’s RM285 billion investment surge in 9M 2025
Tan Ai Leng - The country’s overall approvals are up 13% year on year
Foreigners turn net buyers of Asian bonds in October on improved growth outlook
Asian bonds witnessed renewed cross-border inflows in October following a month of sharp outflows, as an improved regional growth outlook and a series of U.S. trade agreements in Southeast Asia lifted investor sentiment.Foreign investors bought $368 million of regional bonds in Indonesia, Malaysia, ...
Honda to recall over 256,000 US vehicles over software error, NHTSA says
Honda is recalling 256,603 Accord hybrid vehicles in the U.S. over a software error which may cause loss of drive power, the U.S. National Highway Traffic Safety Administration said on Tuesday.
Japan's Nikkei plunges by most in seven months on tech selloff
[TOKYO] Japan’s Nikkei share average sank by the most in more than seven months on Tuesday (Nov 18), as investors sold off...
Analysis:Big Tech-led demand for carbon removal credits fuels supply crunch
BELEM, Brazil :Surging demand for high-quality carbon removal credits from tech giants to offset their AI-driven emissions is helping fuel a shortage that experts say is exactly what is needed to spur investment in the nascent market.Heavy buying over the last two years by companies including Micros ...
Philippine tycoon loses US$16 billion as property fortune wilts in three days
Golden MV slumps 76% after suspension ends, marking its worst public-market streak
As Sora falls, OCBC raises UOL’s target price by 16%
Jovi Ho - OCBC Investment Research analysts have raised their target price on property giant UOL Group by more than 16%, citing “brisk sales momentum” amid “resilient home prices and stronger-than-expected volume growth” in Urban Redevelopment Authority data released Nov 17. UOL’s Skye at Holland pr ...
Deutsche Boerse to add SocGen's stablecoins to its settlement business
PARIS :German stock exchange operator Deutsche Boerse plans to integrate stablecoins made by French bank Societe Generale in its settlement business, the companies said on Tuesday, in an attempt to get the tokens more widely used.Societe Generale's crypto arm, SG-FORGE, has created a dollar-bac ...
China tour groups start cancelling Japan trips as spat simmers
The pro-active move is aimed at protecting agencies against potential losses amid policy uncertainty and shifting sentiment
Bitcoin drops to a 7-month low while global stocks sell off; bonds rally
The drop in the cryptocurrency’s value comes as investors pulled back from riskier bets amidst uncertainty over interest rates and tech earnings
Barry Callebaut to use NotCo AI to develop chocolate recipes
Switzerland's Barry Callebaut said on Tuesday it would partner with Chilean start-up NotCo AI to utilise artificial intelligence in recipe development, as it battles high cocoa prices and weakening demand for its cocoa products.WHY IT'S IMPORTANTChocolate makers are looking for new ways to ...
Want a slice of ASX-listed Domino’s Pizza Enterprises? CGSI JV partner Petra Capital stays ‘buy’ on franchisee
Jovi Ho - Australia-listed Domino’s Pizza Enterprises, the largest Domino’s Pizza franchisee outside the US, is delivering on its group-wide cost efficiency programme to identify A$100 million ($84.42 million) in annualised cost savings. The master franchise owner of Domino’s Pizza in 12 markets includi ...
Jakarta’s golden share in Grab-GoTo deal signals state tightening oversight of critical tech assets
Elisa Valenta - Media reports say state fund Danantara may take a golden share in the combined entity
