Geo Energy Resources completes acquisition of 51% of shares in two companies
Nicole Lim - Geo Energy Resources has completed the acquisition of 51% of shares in both Trans Maritim Pratama (TMP) and Bahari Segara Maritim. The 275,196,480 consideration shares as such have been issued to Geo Energy on Jan 8, bringing the company’s total number of shares up to 1,708,198,126 shares excludin ...
EU antitrust regulators to decide on Google's Wiz deal by February 10
BRUSSELS, Jan 8 : EU antitrust regulators will decide by February 10 whether to clear Alphabet's $32 billion acquisition of cybersecurity company Wiz, its largest deal ever, according to a filing on the European Commission website.Alphabet announced the deal in March last year as it do ...
Fortress Minerals earnings surge to US$4.49 mil for 3QFY2026
Nicole Lim - Fortress Minerals has reported a net profit of US$4.49 million ($5.77 million) for the 3QFY2026 ended Dec 31, 2025, a surge from the US$0.7 mil net profit reported in the same period a year ago. For the 9MFY2026, net profit grew 17.6% y-o-y to US$8.927 million. The group’s revenue for 3MFY2026 cam ...
Volvo Cars recalls over 413,000 US vehicles due to rearview camera issue
Jan 8 : Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday.The software will be updated by a dealer or through an over-the-air (OTA) update, ...
Singapore stocks track regional decline; STI down 0.2%
Young Zhan Heng - Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands
Singapore stocks track regional declines; STI down 0.2%
Young Zhan Heng - Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands
The relation between crude oil, interest rates and equities
Goola Warden - The Venezuelan Incident has sparked a global market rally. For equity markets, the focus is on crude oil’s link to inflation and interest rates. Interest rates, in turn, affect equity valuations and corporate profits in different ways. Daleep Singh, Vice Chair and Chief Global Economist at Fixed I ...
Why Michelin chefs are moving into luxury hotels
Rising costs and changing expectations are driving a wave of chef-hotel collaborations, reshaping how fine dining is conceived in Asia
‘Solid’ Singapore property market affirms UOB Kay Hian’s confidence in PropNex
Lin Daoyi - UOB Kay Hian (UOBKH) analyst Adrian Loh reiterated his optimism in PropNex by raising the counter’s target price by more than 25% to $2.51 and maintaining its “buy” rating. In a research note dated Jan 8, Loh believes that with a Jan 7 closing price of $1.96, it is now an opportune time for in ...
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
The Government is working hand in glove with the country’s largest banks to teach new technology skills
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America
Landmark EU–Mercosur trade deal close to signing, promising economic gains despite fierce farmer opposition
The agreement, involving the European Union and five South American countries, has been more than two decades in the making.
Nvidia requires full upfront payment for H200 chips in China, sources say
The US chipmaker has imposed unusually stringent terms requiring full payment for orders with no options to cancel, ask for refunds or change configurations after placement.
How rare earths raise the stakes in China-Japan spat
[BEIJING] China and Japan are bound together by trade and geography, but a long history of rivalry and unresolved disputes makes even...
Soitec appoints Infineon executive Laurent Remont as CEO
Jan 8 : Semiconductor wafer maker Soitec has appointed Laurent Remont as its new chief executive officer, to replace Pierre Barnabe from April, the French company said on Thursday.Shares of Soitec were up 9.4 per cent at 0826 GMT, at the top of the SBF 120 index of Paris' most traded equitie ...
UI Boustead said to seek US$700 million Singapore IPO in March
The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month
Narra Residences kicks off 2026’s new launches with prices starting at S$998,000
Ry-Anne Lim - The Santarli-led project comprises 540 units in eight blocks
Nvidia requires full upfront payment for H200 chips in China: sources
The US chipmaker imposes strict terms, demanding full payment with no cancellations, refunds or changes
Sumitomo’s energy arm may set up LNG trading desk in Singapore
[TOKYO] The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the...
Singapore's Gen Z set to lead job hunt in 2026, says LinkedIn
Nurdianah Md Nur - LinkedIn's latest data show Gen Z is set to become Singapore’s most active job-hunting cohort in 2026, with 66% planning to look for new roles. By contrast, economic uncertainty is prompting many Millennials and Gen X professionals to stay put, reducing overall job mobility. Gen Z is also the ...
To be a wealth hub, Singapore must accept risk of rogue actors: Chee Hong Tat
Tan Nai Lun - MAS deputy chairman wants the Republic to be a place where entrepreneurs would bring their capital and talent
Uniqlo owner Fast Retailing books 34% rise in Q1 profit
TOKYO, Jan 8 : The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday said its first-quarter operating profit rose 33.9 per cent from a year earlier as it benefited from strong business activity at home and expansions in Europe and North America.Profit for the perio ...
2026 is the dawn of the adaptive identity era
Eric Kong - 2025 was the year AI went mainstream. Across industries, autonomous agents began shaping decisions and managing workflows at an unprecedented scale. Yet as AI gained speed, most organisations were still defending themselves with static, human-centric tools designed for a simpler threat landscape. Fo ...
First self-driving shuttle vehicles in Punggol to start serving public within three months
Grab will operate the service in partnership with WeRide
Indonesia mulls palm oil export levy hike to support biodiesel mandate
JAKARTA, Jan 8 : Indonesia will likely increase its palm oil export levy to support the country's biodiesel mandate, energy ministry official Eniya Listiani Dewi told reporters on Thursday, citing tightening funds.Indonesia, the largest palm oil producer, has implemented a mandatory 40 per c ...
Indonesia sharpens axe on land clawback, raising stakes for giant planters
Elisa Valenta - Potential fines running into billions of dollars if disputed land is ultimately deemed illegal among investors’ concerns
Indonesia sharpens axe on land clawback, raising stakes for regional palm oil giants
Elisa Valenta - Potential fines may run into billions of dollars if disputed land is ultimately deemed illegal among investors’ concerns
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
Newer sources of demand are also gaining scale
‘No further action’ by CPIB against Nam Lee MD over whistle-blower report
Therese Soh - This comes ahead of extraordinary general meeting called to oust company executive director and chairman
CPIB says ‘no further action’ against Nam Lee MD over whistle-blower report
Therese Soh - This comes ahead of extraordinary general meeting called to oust company executive director and chairman
OVHcloud reports 6% organic growth in Q1, confirms annual guidance
Jan 8 : French cloud computing company OVHcloud on Thursday reported a 6 per cent organic rise in its first-quarter revenue, driven by a strong performance in its Public Cloud business, and reiterated its full-year 2026 guidance.The company reported revenue of 273.5 million euros ($319.5 milli ...
OVHcloud pushes for pan-European AI strategy as revenue grows in Q1
Jan 8 : The CEO of OVHcloud said on Thursday that the cloud computing firm was seeking a cross-border solution to the European Union's artificial intelligence infrastructure push, after the group reaffirmed its guidance for the 2026 financial year.Talking to analysts after OVHcloud reported ...
CPIB will take no further action against Nam Lee’s managing director, says company
Felicia Tan - The Corrupt Practices Investigation Bureau (CPIB) will take no further action against Yong Han Keong, Eric, the managing director of Nam Lee Pressed Metal Industries. According to the company’s statement dated Jan 8, Yong has informed the chairman of its nominating committee. On Oct 31, 2025, Nam ...
Grab, Chinese automaker GAC to deploy 20,000 EVs across South-east Asia
Chloe Lim - It will involve the introduction of three of the Chinese player’s models – Aion Y, Aion ES, and Aion V – across...
