Tiger Global loses landmark Indian tax case over Walmart deal
NEW DELHI, Jan 15 : India's top court has ruled that Tiger Global's $1.6 billion stake sale in Indian e-commerce firm Flipkart to Walmart is subject to taxes, handing a win to New Delhi in a landmark ruling that will shape future cross-border deals.Keenly watched by foreign investors, the ...
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
Traders continue to anticipate two interest rate cuts this year
Toyota's sweetened bid for group forklift maker opposed by Elliott
TOKYO, Jan 15 : Toyota Motor may have revised its offer for Toyota Industries 15 per cent higher, but that hasn't satisfied activist shareholder Elliott, which said on Thursday that the planned buyout "very substantially" undervalued the forklift maker.Elliott Investment Management, w ...
Toyota Industries' shares hit record on sweetened bid, Elliott's response awaited
TOKYO, Jan 15 : Shares of forklift maker Toyota Industries surged to a record high on Thursday after a sweetened bid from Toyota Motor, trading slightly above the new offer on hopes that a better price might be forthcoming.The initial deal to take Toyota Industries private that will strengthen the T ...
KKR secures $2.5 billion for second Asia private credit fund
Jan 15 : Global investment firm KKR said on Thursday that it has completed a $2.5 billion fundraising for its second credit fund focused on privately originated performing credit investments in the Asia-Pacific region.The fund follows KKR's inaugural Asia Pacific–dedicated private credit vehi ...
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part...
Iran temporarily closes airspace to most flights, forcing airlines to reroute
[WASHINGTON] Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid...
Oil drops as Trump calms Iran fears; tech stocks slide in Asia
TOKYO, Jan 15 : Oil prices retreated from multi-month highs on Thursday and safe-haven gold eased back from a record peak after U.S. President Donald Trump calmed market anxiety about potential U.S. military action against Iran.A selloff in tech stocks extended into Asian trading, after further decl ...
Oil drops as Trump backs away from Iran threats, stocks edge up
LONDON, Jan 15 : Oil prices tumbled from multi-month highs on Thursday, while gold fell back from a record peak after U.S. President Donald Trump appeared to back away from threats of potential U.S. military action against Iran, which doused investor demand for safe-haven assets.Tech stocks got a bo ...
Oil drops as Trump changes tone on Iran; tech optimism lifts stocks
LONDON, Jan 15 : Oil prices tumbled from multi-month highs on Thursday and gold fell back from a record peak, as investor demand for safe-haven assets subsided on hopes that President Donald Trump was backing away from threats of U.S. military action against Iran.Tech stocks got a boost from Taiwan& ...
Johor-Singapore SEZ set to land ‘queen bee’ investor, lifting southern Malaysia into third chip hub
Tan Ai Leng - The firm has already picked out a site in Iskandar Puteri, with approvals and permitting now in progress
Bank of Korea stands pat as board wary of weak won, property market rally
Inflation has remained broadly in line with the central bank’s projections
DBS picks ST Engineering, Sats over airlines; cuts SIAEC to ‘hold’
Shikhar Gupta - It favours upstream aviation service providers
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
Shikhar Gupta - It favours upstream aviation service providers
Singapore shares edge lower at Thursday’s open; STI dips 0.1%
Deon Loke - Investors continue to wait in uncertainty after the US Supreme Court did not issue a ruling on the challenges to ‘Liberation Day’...
United Hampshire US REIT acquires Wallingford Fair Shopping Center at below valuation
Teo Zheng Long - United Hampshire US REIT (SGX: ODBU ) has acquired a new freehold property, Wallingford Fair Shopping Center, for US$21.4 million, which is about 8.2% below independent valuation of US$23.3 million. The property is a grocery-anchored freehold retail property located in Wallingford, Connecticut. The ...
KKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback
Coinbase cannot support crypto bill in current form, CEO Armstrong says
Jan 14 : Coinbase CEO and co-founder Brian Armstrong said on Wednesday the company cannot support a draft legislation U.S. senators introduced earlier this week aimed at creating a regulatory framework for cryptocurrencies.The legislation, unveiled on Monday, seeks to define when crypto tokens are s ...
US Senate Banking delays crypto bill after Coinbase CEO opposition
Jan 14 : The United States Senate Banking Committee said on Wednesday it postponed a discussion of draft legislation that would create a regulatory framework for cryptocurrencies, hours after Coinbase CEO Brian Armstrong voiced his opposition to the bill.The legislation, unveiled on Monday, seeks to ...
Thailand long-bond outlook darkens on fiscal worries before vote
Election risks aside, investors have already been bracing for additional debt issuance, with some expectations of it being front-loaded
Bank of Korea holds rates, signals end to easing cycle to safeguard FX stability
SEOUL, Jan 15 : South Korea's central bank on Thursday kept its benchmark interest rate unchanged and signaled the end to its current easing cycle, prioritizing financial stability in its first policy meeting of the year as the won hovers 16-year lows. The Bank of Korea's monetary policy b ...
South Korea's central bank holds rates to safeguard financial stability
SEOUL, Jan 15 : South Korea's central bank on Thursday kept its benchmark interest rate unchanged, prioritizing financial stability in its first policy meeting of the year as the won hovered around 16-year lows. The Bank of Korea's monetary policy board voted to keep the benchmark interest ...
Bank of Korea signals end to easing cycle after standing pat to safeguard FX stability
SEOUL, Jan 15 : South Korea's central bank on Thursday signalled an end to its current easing cycle after keeping its benchmark interest rate unchanged, prioritising financial stability in its first policy meeting of the year as the won hovered around 16-year lows.Geopolitical tensions and fund ...
China brokers rebuild ranks, raise pay on dealmaking return
The push marks a major turnaround for the country’s brokerages
UOB prices S$850 million perpetual securities at 3%
Deon Loke - The issue date of the securities is expected to be Jan 21
Stocks to watch: UOB, Sembcorp, CICT, First Sponsor, Advanced Systems Automation, Moneymax
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 15):
Asia loan bankers brace for competition, thinner margins in 2026
[SINGAPORE] Loan bankers in Asia are bracing for an increasingly competitive market that is squeezing the returns they earn on lending, as...
Sembcorp seeks shareholder approval for Alinta Energy buy at Jan 30 EGM
Shikhar Gupta - The acquisition will put the group off course for its 2028 emissions target
STI had a record breaking 2025, but one SGX-listed ETF drew even more inflows
Chloe Lim - Banks were among these top 10 SGX-listed ETFs in 2025 by net retail inflows
Top 10 SGX-listed ETFs by net retail flows; SPDR Gold Shares beats STI ETF
Chloe Lim - The trio of Singapore banks lead net retail inflows, chalking up a combined amount of close to S$3.9 billion
UOB to issue $850 mil worth of perpetual capital securities with 3% distribution rate
Felicia Tan - United Overseas Bank (UOB) (SGX: U11 ) says it intends to issue $850 million worth of perpetual capital securities under its US$30 billion ($38.63 billion) global medium term note programme. The securities will bear a fixed distribution rate of 3% per annum and is subject to a reset on Jan 21, 2033 ...
Japan's wholesale inflation slows, import costs flatten on weak yen
TOKYO, Jan 15 : Japan's wholesale inflation slowed in the year to December on sliding fuel costs, data showed on Thursday, a sign falling crude oil prices were offering some relief to companies facing rising labour and other raw material costs.But the yen-based import prices flattened after fal ...
Japan's wholesale inflation slows in December
TOKYO, Jan 15 : Japan's wholesale inflation slowed in the year to December on sliding fuel costs, data showed on Thursday, a sign falling crude oil prices were offering some relief to companies facing rising labour and other raw material costs.The corporate goods price index (CGPI), which measu ...
Private equity turns to continuation funds, secondary buyouts as alternative to traditional exits: Morrison Foerster
Benjamin Cher - This trend will likely continue in South-east Asia and globally as liquidity engineering goes mainstream
