Share buybacks in Singapore surge 62% in 2025 driven by banks, tracking rising global trend
Tan Weizhen - This growth in the country is driven mainly by the banking sector
Indonesia rupiah rises most in six months, stocks gain in reopen
The rupiah has also weakened past Asian Financial Crisis levels to a record low
Shares of Labubu maker Pop Mart plunge after reporting annual earnings
BEIJING, March 25 : Shares of Pop Mart International Group, the Hong Kong-listed maker of collectible "blind box" toys - including the viral, toothy-grinned Labubu - fell off a cliff on Wednesday after the company reported 2025 earnings.Pop Mart shares were down more than 20 per cent after ...
Labubu maker Pop Mart meets 2025 revenue expectations
Roblox will introduce new controls in Indonesia to comply with child social media block
JAKARTA, March 25 - Videogame platform Roblox will introduce content and communications controls for players under 16 in Indonesia to comply with the country's social media block for children, Matt Kaufman, Roblox's Chief Safety Officer, said in an emailed statement on Wednesday.
Philippines says working with Washington to obtain oil from US-sanctioned countries
Manila has temporarily increased coal-fired generation due to the energy supply pressures
Asean energy cooperation ‘more crucial than before’ with global disruption: EMA chief
Sharanya Pillai - This year’s edition of SIEW will feature an event by the International Atomic Energy Agency for the first time
CK Hutchison unit says Panama arbitration claim now tops US$2 billion
Panama Ports Company has accused Panamanian authorities of unlawfully seizing property
Australia’s central bank sees future in tokenisation in wholesale financial markets
[SYDNEY] Australia’s central bank sees a future for tokenisation in wholesale financial markets and is planning a technological sandbox where industry players...
Singapore firms more selective in hiring as Iran war adds to cost pressures
Low Youjin - Recruitment remains steady for now, but recruiters say roles are taking longer to fill
SK Hynix files for US listing that source says could raise up to US$14 billion
[SEOUL] South Korean chipmaker SK Hynix announced on Wednesday it made a confidential filing for a US listing in 2026, which a...
Vingroup’s hospitality arm seeks US$300 million in private debt
Vinpearl’s fundraising comes as private credit markets in the US reel from a series of high-profile setbacks
Golden Village to close Tiong Bahru cinema after March 29
The cinema has been in operation since 1994
Banyan Group expands into US with Florida residential tower
Shikhar Gupta - The property in Palm Beach, Florida, comprises 88 private residences
Banyan Group expands into US with private residence tower
Shikhar Gupta - The property in Palm Beach, Florida, comprises 88 private residences
Indonesia markets reopen as shifting Iran headlines spur caution
The rupiah and Indonesian bonds have also come under pressure
Nikkei surges as optimism for Iran peace plan lifts sentiment
[TOKYO] Japan’s Nikkei share average climbed roughly 3 per cent on Wednesday, supported by cautious optimism that the Middle East crisis could...
Sri Lanka central bank keeps rates steady as Mideast war raises risks
COLOMBO, March 25 : Sri Lanka's central bank kept its benchmark policy rate on hold on Wednesday, wary that rising energy costs linked to the Middle East war could derail recent gains in taming inflation.The Central Bank of Sri Lanka (CBSL) maintained the overnight policy rate at 7.75 per cent, ...
Sri Lanka central bank holds policy rate unchanged
COLOMBO, March 25 : Sri Lanka's central bank kept its overnight policy rate unchanged on Wednesday, adopting a cautious stance amid uncertainty over the inflationary impact of energy prices due to the Middle East crisis.The Central Bank of Sri Lanka (CBSL) maintained the overnight policy rate a ...
Citadel Securities nets record US$12 billion trading haul
The firm has also charted a global expansion to compete with Wall Street heavyweights
Meta boosts top executives' pay with stock options as AI race heats up
March 24 : Meta Platforms is increasing compensation for top executives, including its first-ever offer of stock options, as it tries to fend off competition in the artificial intelligence race and incentivize leaders to stay with the company for several years. The pay boost comes as Meta, like othe ...
Meta grants senior executives stock awards to retain talent
March 24 : Meta Platforms on Tuesday granted restricted stock units and stock options for some of its senior executives, including CFO Susan Li and Chief Technology Officer Andrew Bosworth, tying them to performance and aggressive share price targets as it looks to retain top talent.Stock awards are ...
Australia fuel shortages expand to hundreds of service stations
The country biggest supplier, South Korea, has already said that it will cap some exports
RHB raises target price for ST Engineering to $12.30, remains relatively 'conservative'
The Edge Singapore - Shekhar Jaiswal of RHB Bank Singapore has joined the wave of analysts upgrading their target prices for Singapore Technologies Engineering, with expectations that this counter, poised for steady earnings growth, deserves further re-rating to be in line with regional defence peers. In his March 25 no ...
Shares of oil player Rex International fall 35.4% on auditor’s going concern doubts
Shikhar Gupta - The group records net loss of US$152.7 million for 2025
Shares of oil player Rex International fall 22.3% on auditor’s going concern doubts
Shikhar Gupta - The group records net loss of US$152.7 million for 2025
Shares of oil player Rex International fall 20% on auditor’s going concern doubts
Shikhar Gupta - The group has a net loss of US$152.7 million for 2025
OCBC's Lim upgrades CLCT to 'hold' on expected yield-based returns of more than 8%
The Edge Singapore - Ada Lim of OCBC Group Research has on March 23 upgraded her call for CapitaLand China Trust from "sell" to "hold", with an updated view that at current levels, this REIT should enjoy support from its FY2026 distribution yield of 7.6%. Since her previous note on Feb 5 where she do ...
Gold extends gains as reports of Iran war talks offer respite
Elevated energy prices resulting from the conflict have raised the risk of inflation, leading investors to bet on higher interest rates
Philippines says grounding planes a ‘distinct possibility’
The country relies heavily on imported crude, much of it sourced from the Middle East
Oil prices drop more than 5% after Trump sends peace plan
TOKYO: Brent crude oil, the global market benchmark, dropped close to 6 per cent on Wednesday (Mar 25) after reports that US President Donald Trump sent a peace plan to Iran.At around 12.30am GMT, a bar
SpaceX aims to file for IPO as soon as this week, The Information reports
March 24 : SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, citing a person with direct knowledge of the plans.Advisers involved in the preparation predict the company could try to raise more than $75 b ...
Stocks to watch: Singapore Airlines, CapitaLand Ascendas Reit, F&N
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 25):
China’s US$1.6 trillion fund rekindles ties with US money managers
As tensions between the superpowers thaw, China Investment Corporation has held talks in recent weeks with firms