Deflationary pressures persist in China on weak demand
BEIJING: Deflationary pressures persisted in China, with both consumer and producer prices falling in September, official data showed on Wednesday (Oct 15), as a prolonged property market downturn and trade tensions weighed on consumer and business confidence.
OpenAI makes five-year plan to meet $1 trillion spending pledges, FT reports
ChatGPT owner OpenAI is working on new revenue lines, debt partnerships and planning further fundraising as part of a five-year strategy to cover more than $1 trillion in pledged spending, the Financial Times reported on Wednesday.
Thailand's industrial sentiment rises as new government boosts confidence
BANGKOK: Thailand's industrial sentiment index rose for the first time in seven months in September, with confidence boosted by the government's quick efforts to put systems in place to allow new stimulus measures, the Federation of Thai Industries said on Wednesday (Oct 15). As part of ...
Thailand draws up measures to boost tourism as stimulus efforts continue
BANGKOK :Thailand will introduce new incentives to boost domestic travel, Finance Minister Ekniti Nitithanprapas said on Wednesday, as the government steps up efforts to revive a sluggish economy amid early signs of improving sentiment.The incentives, which include soft loans and tax measures, were ...
Indian central bank is said to resume FX swaps to aid liquidity
The move highlights the RBI’s effort to balance growth with currency stability as India faces the highest US tariffs in Asia
Meet the AI chatbots replacing India's call-center workers
BENGALURU :At a startup office in this Indian city, developers are fine-tuning artificial-intelligence chatbots that talk and message like humans. The company, LimeChat, has an audacious goal: to make customer-service jobs almost obsolete. It says its generative AI agents enable clients to slash by ...
Trust Bank to launch US equities trading function within its mobile app
Renald Yeo - Customers will be invited to open a trading account in the coming weeks
Chinese airlines oppose Trump plan to stop flying over Russia on US routes
[WASHINGTON] Major Chinese airlines on Tuesday (Oct 14) urged the Trump administration to abandon a plan to bar them from flying over...
Coinbase invests in Indian crypto exchange CoinDCX at $2.45 billion valuation
MUMBAI :Cryptocurrency exchange Coinbase Global said on Wednesday it had made an investment in CoinDCX, which the Indian crypto exchange said values it at a post-money valuation of $2.45 billion. Coinbase Global's investment follows multiple rounds of investment in the Indian exchange by the fi ...
Citi eyes Vietnam’s forex trade as investors pile in ahead of market upgrade
Goh Ruoxue - It’s been a very active year for the FX business, says global foreign exchange head Flavio Figueiredo
Hyundai Motor India appoints Tarun Garg as chief, MD
Hyundai Motor India has appointed its current whole-time director Tarun Garg as managing director and CEO, effective January 1, 2026, the automaker said in an exchange filing late on Tuesday. Garg will succeed Unsoo Kim, the current MD, who will return to South Korea to take on a strategic role at H ...
Hyundai Motor India names Tarun Garg as new CEO, unveils $5 billion investment plan
Hyundai Motor India has named insider Tarun Garg as its chief executive, making him the first Indian to lead the automaker's local operations, and unveiled a US$5 billion investment plan to expand manufacturing and research capacity.Garg will succeed Unsoo Kim, who has led Hyundai Motor India ...
DBS named world’s best AI bank
Felicia Tan - DBS has been named the world’s best artificial intelligence (AI) bank in the inaugural Global Finance AI in Finance Awards this year. The bank began leveraging AI in 2014 and since made “substantial investments” in its platforms, processes and people, according to its Oct 15 statement. One way ...
HDB launches 9,144 BTO flats, including first in Mount Pleasant, Berlayar estates
The upcoming blocks will be between 19 and 46 storeys high, and one of them will have rental flats
AI’s peak value is in training with private data: Oracle’s Larry Ellison
Benjamin Cher - Models can use such information while keeping it restricted, unlocking huge productivity gains
This SGX-listed stock is up over 400% this year on the gold rush. Where will it go from here?
Shikhar Gupta - While CNMC Goldmine could fall back down in the near term, it may soar about 40% by Q2 2026
Dimon says it’s ‘semi-rational’ to hold gold in your portfolio
Heather Landy / Bloomberg - JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he sees some logic in owning gold, while declining to say whether he thinks the precious metal is overvalued after a historic run-up. “I’m not a gold buyer — it costs 4% to own it,” Dimon said Tuesday at Fortune’s Most Power ...
SGX listcos mirror investors’ confidence with share buybacks as MAS market revival gets under way
Therese Soh - Banks and blue chips spend hundreds of millions scooping up their own shares over September and October
SGX listcos share investors’ confidence with share buybacks as MAS market revival moves get under way
Therese Soh - Banks and blue chips spend hundreds of millions scooping up their own shares over September and October
SGX listcos share investors’ confidence with share buybacks as MAS market revival moves get underway
Therese Soh - Banks and blue chips spent hundreds of millions scooping up their own shares over September and October
In Keppel update, JP Morgan points to further monetisation of assets
The Edge Singapore - JP Morgan has released a second report on Keppel following an Oct 9 report that valued Keppel at $12.50 by end-2026. Keppel has announced a $14.4 billion monetisation programme. An Oct 14 JP Morgan update on Keppel discusses some assets that could be divested. "While we do not have clarity over ...
StanChart signs partnership agreements to accelerate ‘global Indian proposition’ in S’pore
Jovi Ho - Standard Chartered (StanChart) has signed partnership agreements with the Singapore Indian Chamber of Commerce & Industry and The Institute of Chartered Accountants of India in Singapore. According to an Oct 15 announcement, these engagements will deepen the bank’s “global Indian proposition ...
UOB Kay Hian's Loh raises target price for Keppel to $10.85
The Edge Singapore - Adrian Loh of UOB Kay Hian has raised his target price for Keppel from $10.46 to $10.85, after applying a higher valuation multiple on its asset management business from 15x to 18x. In his Oct 15 note, Loh notes that Keppel had a "busy" 3Q. It completed the divestment of its 70% stake in S ...
China deflation eased in September but price declines linger
Bloomberg - China’s deflation eased in September, leaving the country on track for the longest streak of economy-wide price declines since market reforms in the late 1970s. Prices at the factory gate fell 2.3% from a year earlier, the 36th straight month of declines that was in line with forecasts. Consumer p ...
Saudi PIF-backed Salic to pursue full ownership of Olam unit
Christine Burke and Elffie Chew / Bloomberg - State-owned Saudi Agricultural & Livestock Investment Co. (Salic) plans to pursue a full ownership stake in the agribusiness unit of Singapore’s Olam Group, according to people familiar with the matter. The Public Investment Fund-backed firm intends to start talks as soon as next year to buy t ...
CGS International introduces new discretionary portfolio mandate to offer investors access to IPOs and secondaries
Felicia Tan - CGS International Securities is introducing a new discretionary portfolio mandate on the back of Asean bourses’ initiatives to rejuvenate their capital markets. This includes Singapore’s $5 billion equity market development programme (EQDP), Malaysia’s Catalysing MSME (Micro, Small, and Medium ...
RHB revises S’pore 2025 GDP forecast to 3.0% from 2.0%
Jovi Ho - RHB Bank Singapore group chief economist Barnabas Gan has revised his full-year Singapore GDP forecast to 3.0% from 2.0%, reflecting stronger-than-expected growth in 3Q2025. The Singapore economy grew 2.9% in 3Q2025, according to advanced estimates by the Ministry of Trade and Industry released on O ...
Global EV sales hit record 2.1 million in September: research firm
GLOBAL sales of fully electric and plug-in hybrid vehicles rose 26 per cent in September from a year ago to a record...
Intel signals return to AI race with new chip to launch next year
Nvidia has dominated the market to build large artificial intelligence models such as the one used for ChatGPT
Global investors are pouring more money into climate tech
Coco Liu / Bloomberg - Global investment in green technology for the first three quarters of the year has already surpassed all of 2024. The fortunes of the sector have been in decline for three years, but explosive energy demand fueled by data centers has sparked a reversal. Private and public investors worldwide channel ...
Soilbuild shares jump following unrated DBS report calling fair value of $4.70
DBS Group Research, in an unrated note on Oct 14, figures that Soilbuild Construction Group has a fair value of $4.70, which is based on 12x FY2026 earnings. Soilbuild shares gained 7.51% to change hands at $3.58. The company has secured some $1.21 billion in orders which will provide revenue visibi ...
CPF earns Asia-Pacific’s first A in global ranking of pension systems
“First-class” retirement income systems that are robust, sustainable, deliver good benefits and have a high level of integrity get an A from...
Sert issues 300 million euros in green notes due 2033 at 4.125% coupon rate
Shikhar Gupta - Net proceeds will be used to refinance existing borrowings due to mature in 2026 and 2027
S’pore to impose sustainable aviation fuel levy on flights
Sing Yee Ong / Bloomberg - Singapore’s parliament passed a bill on Tuesday introducing a fixed levy on departing flights to cut emissions and support the use of sustainable aviation fuel by airlines. The levy will be paid to the Civil Aviation Authority of Singapore, which will procure and manage sustainable aviation fuel, ...
