Malaysia's EPF no longer AEM's substantial shareholder following two-straight days of open market selling
The Edge Singapore - Malaysia's Employees Provident Fund Board has cut its stake in AEM Holdings for the second day, selling into the market that is finally turning bullish on the stock that is guiding for a better year ahead. On March 2, EPF sold 6.45 million shares at an average of $2.97 each; the following day, ...
GAC Toyota launches presales for new electric sedan
BEIJING, March 5 : GAC Toyota has started pre-sales of its new D-segment bZ7 electric sedan with pre-order prices from 156,800 yuan ($22,759), the company, a joint venture between Guangzhou Automobile Group and Toyota, said on Thursday. ($1 = 6.8895 Chinese yuan renminbi)
First home-grown gold ETF to list on SGX on Mar 26
Koh Kim Xuan - This will be the first listing of a gold ETF on the local bourse in two decades
Hong Fok-linked Cheong Sim Lam buys Holland Piazza for $100 mil, changing hands after over 50 years
Gerine Tang Yi Qian - The freehold neighbourhood retail mall Holland Piazza has been sold for $100 million to private investor Cheong Sim Lam, marking the first change of ownership for the property in more than five decades. Cheong is a member of the Cheong family, which also owns Hong Fok Corporation. The transaction wa ...
CSE Global conducting 'strategic review' at largest shareholder Heliconia's request
The Edge Singapore - CSE Global, following a request from controlling shareholder Heliconia Capital, is undertaking a strategic review, after it received an indicative expression of interest from an unnamed party to "discuss a potential strategic transaction" in the company. Heliconia, a subsidiary of Temasek ...
China’s top chip bosses urge supportive policies to create ‘China’s ASML’
The country faces bottlenecks in EDA and basic materials, along with EUV machines
CGSI downgrades Frencken to ‘hold’ as stock reflects semicon optimism
Felicia Tan - CGS International analyst William Tng has downgraded Frencken Group to “hold” from “add” even though the group’s FY2025 results stood ahead of expectations. For the 12 months ended Dec 31, 2025, Frencken reported earnings of $39.1 million, 5.4% higher y-o-y. Revenue rose by 8.9% y-o-y to $ ...
Memory chipmaker Kioxia, retail operator Pan Pacific to be added to Nikkei index
TOKYO, March 5 : Japanese memory chipmaker Kioxia and Pan Pacific International Holdings, which has major discount retailer Don Quijote under its wing, will be added to Japan's Nikkei from April, the publisher of the stock average said on Thursday.As part of a regular reshuffle of the benchmark ...
New launches in 4Q2026 at Marina Square, Valley Point sites: PropNex
Jovi Ho - The residential component of the upcoming Marina Square redevelopment by UOL Group and Singapore Land Group (SingLand) will yield 702 residential units, according to a slide shown at PropNex’s results briefing for FY2025 ended Dec 31, 2025. While UOL and SingLand have yet to reveal more informatio ...
CDL vs UOL? depends on your investment timeframe
Goola Warden - Investors have a choice of two relatively sizeable developers based on their market capitalisation. City Developments (CDL) was valued at around $8.5 billion, while UOL Group’s market capitalisation is $9.28 billion. With their market values closely matched, which developer offers better value to ...
Malaysia holds interest rate at 2.75%, flags geopolitical risk
Tan Ai Leng - Bank Negara says the current rate is appropriate and supportive of the economy amid price stability
Malaysia holds key rate, warns Middle East war intensifies risks
Bank Negara Malaysia held the overnight policy rate at 2.75%
MAS expands environmental risk management guidelines for financial institutions
Therese Soh - They will take effect from September 2027
Malaysia's central bank holds key rate, upbeat on growth despite conflict risks
Malaysia's central bank holds key rate for fourth straight meeting
Hong Fok family scion Cheong Sim Lam buys retail property Holland Piazza for S$100 million
Chong Xin Wei - The buyer is likely to reposition the mall’s basement with wellness or entertainment operators to complement Holland Village’s family-friendly appeal
Narrower discounts to NAV warrant 10% higher target prices for HK developers, landlords: BofA
Jovi Ho - Investors in Hong Kong-listed developers and landlords are increasingly willing to look through near-term low dividend yields on expectations of a multi‑year cyclical upturn, claim Bank of America (BofA) Securities analysts. This has prompted equity research analysts Karl Choi and Fan Tso to raise ...
Indonesia gives Meta 'stern warning' over disinformation
A 900% fare hike shows Asian carriers SIA, Cathay Pacific can weather Iran war
[SINGAPORE] Asian carriers like Cathay Pacific Airway and Singapore Airlines are among the best positioned airlines to weather the war in the...
A 900% fare hike shows Asian carriers Singapore Airlines, Cathay Pacific can weather Iran chaos
[SINGAPORE] Asian carriers like Cathay Pacific Airway and Singapore Airlines are among the best positioned airlines to weather the war in the...
Iran crisis could disrupt supply of key chipmaking materials, South Korea warns
SEOUL: The US-Israel war with Iran could disrupt supplies of key semiconductor manufacturing materials, a South Korean ruling party lawmaker said on Tuesday (Mar 3), as the conflict in the Middle East entered its s
China tells top refiners to halt diesel and petrol exports
Across Asia, the country ranks third for seaborne exports, behind South Korea and Singapore
Analysis:Crypto bill hits new impasse, raising doubts over its future
March 5 : Talks on landmark crypto legislation have hit a new impasse after banks said they could not back a compromise pushed by the White House, a development that cast doubt on whether the bill will pass this year and sparked criticism from President Donald Trump who accused lenders of trying to ...
Singapore retail sales fall 0.4% in January, hampered by later Chinese New Year timing
Tessa Oh - The drop misses forecast of 2.8% growth and reverses December’s 2.5% gain
Singapore retail sales fall 0.4% in January, dragged by later Chinese New Year timing
Tessa Oh - The drop reverses December’s 2.5% gain as CNY’s shift to February weighs on consumer spending
Failed reform vote raises questions over Malaysia’s coalition discipline
Analysts say this raises execution risks for the administration’s agenda
OpenAI tops US$25 billion in annualised revenue, The Information reports
It is laying the groundwork for an IPO that could value it at up to US$1 trillion
China to inject 300 billion yuan into state banks, deepen reform of state financial firms
Chinese lenders have faced rising bad loans tied to struggling real estate developers and cash-strapped local governments
Analysts reinforce bullishness for ASL Marine after 8-fold increase in earnings
Lin Daoyi - Analysts from Lim & Tan and UOB Kay Hian (UOBKH) have reiterated their confidence in Mainboard-listed ASL Marine after the shipyard reported an eight-fold jump in earnings from $2.1 million in 1HFY2025 to $17.1 million in 1HFY2026 ended Dec 31. Revenue for ASL rose y-o-y by 5.5% to $181.6 millio ...
Foreign selloff in Asia stocks continues in February; Seoul hardest hit
March 5 : Foreigners sold Asian equities for a fourth straight month in February, as they booked profits and sharply cut exposure to South Korea amid concerns over stretched technology sector valuations and rising geopolitical risks.South Korea saw record foreign outflows of $13.67 billion last mont ...
Billionaire sitting on 16,000 kilos of gold says price will rise
The precious metal has surged more than 75% in a year to trade above US$5,000 an ounce
Billionaire sitting on 16,000 kg of gold says price will rise
The precious metal has surged more than 75% in a year to trade above US$5,000 an ounce
DFI Retail’s strong execution on strategic reset keeps it on track for long-term growth
Samantha Chiew - Analysts are very upbeat on DFI Retail Group following its latest FY2025 ended Dec 31, 2025 results announcement. To recap, underlying profit was 35% up y-o-y at US$270 mil, while revenue held steady at US$8.87 billion. However, with the better sales mix and the divestments of loss-making stakes, th ...
Digital infrastructure can be a sustainability accelerator for SMEs – if they allow it to be
Terry Maiolo - Limited financial resources, technical capacity, and time – these are often cited reasons holding small and medium-sized enterprises (SMEs) back from kickstarting their sustainability journey. Last year, a survey of 560 SMEs by the Singapore Business Federation (SBF) and the Sustainability Allianc ...
