Navigating client relationships with AI
Samantha Chiew - As investors worldwide chase AI-themed opportunities, organisations are exploring how to harness the technology. For banks like UBS, around 80% of AI-related initiatives focus on boosting efficiency and productivity, with the remaining 20% aimed at enhancing customer engagement. This focus is partic ...
The trillion-dollar business of wealth
Samantha Chiew - After the headline-grabbing acquisition of Credit Suisse, UBS has grown the combined AUM in Asia Pacific past the US$1 trillion mark. Young Jin Yee, co-head of the bank’s wealth management business in the region, looks back on the journey and shares what lies ahead. For close to 20 years before jo ...
China Taiping Insurance shares hit by over US$200 million exposure to Hong Kong fire
The fire could substantially hurt the underwriting results of Hong Kong’s general insurance industry
China warns of bubble risk in booming humanoid robotics industry
The call for vigilance reflects Beijing’s unease over excess investment flooding into the sector
French antitrust watchdog dismisses complaint filed against Microsoft
PARIS :French antitrust watchdog on Thursday dismissed a complaint filed against Microsoft by local search engine Qwant which accused the U.S. company of abusing its dominant position.The Autorite de la Concurrence, as the watchdog is known, said Qwant failed to bring elements sufficiently convincin ...
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey
Daily Debrief: What Happened Today (Nov 27)
Stories you might have missed
TotalEnergies ceases Singapore EV charging operations; charge-point network to be transferred to LTA
Chloe Lim - [SINGAPORE] TotalEnergies Charging Services Singapore, the charging-point operator behind BlueSG, said on Thursday (Nov 27) that it “has signed a termination agreement...
TotalEnergies ceases Singapore EV charging operations; charge-point network transferred to LTA
Chloe Lim - [SINGAPORE] TotalEnergies Charging Services Singapore, the charging point operator behind BlueSG, said on Thursday (Nov 27) that it “has signed a termination...
Penang developer E&O to launch first Klang Valley township near Google data centres
Tan Ai Leng - To be launched in 2026, the township will include the Seri Embun residential precinct and the commercial component Laman Embun
ASL Marine reports earnings of $20.4 mil for 1QFY2026 up 13.3% y-o-y
Nicole Lim - ASL Marine has reported earnings 13.3% y-o-y higher for the 1QFY2026 ended Sept 30 of $20.4 million. The group’s revenue for the first quarter of the year grew 12.1% y-o-y to $94.2 million, with increased revenue contribution mainly from shipbuilding and its ship repair, conversion and engineering ...
Singapore stocks track regional gains on Thursday; STI up 0.2%
Tan Nai Lun - Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands
Shariot’s woes reflect rough road for car-sharing in Singapore: observers
Derryn Wong - High and fluctuating costs, small scale and operational difficulties may have been factors
Bedok Rise site draws 10 bids, topped by Allgreen Properties’ S$1,330 psf ppr
Chong Xin Wei - Top bid is higher than expected, and comes after Bayshore parcel was sold for S$1,388 psf earlier this year
Singapore rents aren’t going anywhere, AI boom or not
Andy Mukherjee - Singapore tenants have had two relatively calm years after rental increases blew past New York in the aftermath of the pandemic. No, the Asian financial centre didn’t elect a Zohran Mamdani to lower the cost of living — a tight labour market and healthy income growth have made housing affordabil ...
Japan to boost shorter debt to fund stimulus plan; Fitch warns on rating
The focus on short-term debt likely reflects government concern over recent rises in super-long yields
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
The 3 million sq ft behemoth in Canary Wharf will house up to 12,000 people
Do Kwon says five years in prison enough for Terra crypto fraud
Kwon’s sentencing by US district judge is set for Dec 11
EU agrees on new rules for online fraud protection
BRUSSELS :EU member states and the European Parliament have agreed on new rules to force banks and other payment service providers to better protect their customers against online fraud, hidden fees and data leaks, the Parliament said on Thursday.The new set of rules would make payment service provi ...
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
[SINGAPORE] Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks...
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July
Vietnam’s most ambitious US$67 billion North-South high-speed railway faces funding conundrum
Jamille Tran - Whether private firms can play a role in easing the state’s financial burden for this large-scale project remains uncertain
Singapore firms call for cost relief, manpower support in Budget 2026: SBF survey
Deon Loke - Manpower costs, uncertainty in external demand and rental costs are weighing down businesses
Singapore firms plan to dial back on raises, bonuses amid uncertainty: survey
Therese Soh - Over one-fifth of companies intend to give out increments of less than 3%
UOB Kay Hian initiates ‘buy’ call on Soon Hock Enterprise with target price of 68 cents
Teo Zheng Long - UOB Kay Hian analyst Heidi Mo has initiated a “buy” call on Soon Hock Enterprise (Soon Hock), with a target price of 68 cents. Soon Hock, which debuted on the Mainboard on Oct 16, is a leading Singapore industrial property developer with a strong record of purpose-built, end-user-driven projects ...
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added...
Japan's Kashiwazaki-Kariwa nuclear plant could restart in January
The prefecture assembly is set to vote on this during its regular session beginning on Dec 2
Naver's payment arm to acquire South Korean crypto exchange operator in $10 billion deal
SEOUL :Naver Financial, a unit of South Korean internet giant Naver, has agreed to acquire Dunamu, an operator of the country's largest cryptocurrency exchange Upbit, in an all-stock deal valued at 15.13 trillion won ($10.27 billion). The payment platform said in a regulatory filing on Wednesda ...
Alibaba starts selling Quark AI glasses in China, enters global wearables race
Other Chinese tech companies have also launched similar AI-powered glasses
AI’s next act: From shiny pilots to measurable impact
Ying Shaowei - AI is evolving at breakneck speed. Every week brings new capabilities, bold launches, and a fresh wave of funding. Yet, this momentum creates a practical problem for business leaders. With the landscape shifting so quickly, how do businesses decide where to invest, what to build, and which problems ...
Malaysia's palm oil exports to China down almost 29% to October
Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market
RHB's Yeo trims Thai Beverage target price to 62 cents, sees better FY2026
The Edge Singapore - Alife Yeo of RHB Bank Singapore has kept his "buy" call on Thai Beverage but with a reduced target price of 62 cents, from 65 cents, despite lower-than-expected FY2025 earnings. "We stay positive on Thai Beverage due to its strong market leadership position in Thailand and Vietnam. Th ...
Toyota’s October output grows for fifth straight month on strong US demand
[TOKYO] Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand...
Super Dry maker Asahi aims to restore logistics by February following cyberattack
[TOKYO] Japan’s Asahi Group on Thursday said it aims to normalise logistical operations by February after a cyberattack in late September forced...
