CLI takes minority stake in Elegant Group's Clementi Mall and to provide advisory services
The Edge Singapore - Elegant Group, which is building up a portfolio of malls here, has announced that CapitaLand Investment will take a minority interest in Clementi Mall, and also provide real estate advisory services that includes having the mall as part of CapitaLand's CapitaStar rewards programme. Besides Clem ...
Dutch regulator to probe Roblox over risks to minors
AMSTERDAM, Jan 30 : The Netherlands' consumer protection regulator ACM has launched an investigation into U.S. gaming platform Roblox over potential risks to underage users in the European Union, it said on Friday. The regulator said it will assess whether Roblox is taking adequate measures to ...
China plans 200 billion yuan capital injection into biggest insurers: sources
It would be the first time Beijing has used special bonds to inject capital into insurers
Micron teams up with AI Singapore to advance AI literacy and talent development
Nurdianah Md Nur - Micron Technology has partnered with AI Singapore (AISG) to expand artificial intelligence (AI) literacy and talent development in Singapore. The US memory-chip maker and Singapore's national AI programme aim to reach more than 5,000 learners through education and workforce initiatives designed ...
Taiwan Q4 economic growth beats forecasts on solid AI demand
TAIPEI: Taiwan's tech-focused economy grew much more than expected in the fourth quarter, the government statistics agency said on Friday, thanks to strong demand for the chips and related technologies that power artificial intelligence.For all of 2025, the economy expanded 8.63 per cent, its f ...
Standard Chartered backs NUS AIDF’s AI programme for senior leaders
Nurdianah Md Nur - Standard Chartered will be supporting a new executive master’s programme designed to help senior leaders translate artificial intelligence (AI) investments into measurable business outcomes. The bank will serve as a knowledge partner for the Executive Master in AI and Digital Transformation progra ...
China logs first fiscal revenue drop since 2020 on property slump, weak consumption
BEIJING: China's fiscal revenue fell 1.7 per cent in 2025 from a year earlier, the finance ministry said on Friday (Jan 30), the first contraction since 2020 as a protracted property slump and weak domestic demand saddled the economy.Fiscal revenues in 2025 totalled 21.6 trillion yua
Chinese yuan’s longest weekly rally in more than a decade is set to extend into Chinese New Year
[BEIJING] The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost...
What’s new about the Economic Strategy Review update? A spirit of risk-taking
Janice Heng - If the government accepts the recommendations and takes on a greater appetite for risk, Singapore must also become more accepting of failure
Thai central bank flags gold trade curbs, plays down impact of US monitoring list
BANGKOK, Jan 30 : Thailand's new rules to curb online gold trading were designed to help weaken the baht, the country's central bank said on Friday as it downplayed any impact from the United States adding Thailand to its currency manipulation monitoring list.The central bank has blamed go ...
Thai economy grew in last quarter of 2025 on exports and domestic demand, central bank says
BANGKOK, Jan 30 : Thailand's economy expanded in the fourth quarter of last year, driven by growth in exports and domestic demand, the central bank said on Friday, adding that December also improved compared to the previous month.There were improvements in the fourth quarter in both domestic an ...
Pacific island Bougainville rejects Chinese partner for mine that will fund independence
SYDNEY: The Pacific island of Bougainville has rejected a partnership with Chinese miner CMOC to reopen a gold and copper mine that was among the world's largest before it was shut by a bloody civil war, instead opting to deal with an Indian company.With a population of 300,000, Boug
DBS sees ‘turning point’ in NIM downtrend for Singapore banks; lifts OCBC’s TP to $23
Felicia Tan - Lim Rui Wen of DBS Group Research believes the decline in net interest margins (NIMs) for Singapore banks should be abating. Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) are likely to report q-o-q NIM improvements in the 4QFY2025 ended Dec 31, Lim writes. She adds that t ...
Beansprout initiates coverage on CSE Global at ‘buy’ with target price of $1.40
Teo Zheng Long - Beansprout analyst Ng Hui Min has initiated a “buy” call on CSE Global (SGX: 544 ) as she sees the company is “positioned for structural capex growth”. In her Jan 28 report, Ng believes that CSE Global is “strategically positioned” at the heart of structural capex themes in data centres, ...
DBS upgrades ‘hidden gem’ Nam Cheong target price to $1.60
Lin Daoyi - In a research note dated Jan 29, DBS Group Research has reiterated its “buy” call for shipyard Nam Cheong with an even higher target price of $1.60, up from the $1.25 target issued in December 2025. Analyst Ho Pei Hwa suggests that there is further room for Nam Cheong’s earnings to grow, notin ...
CGSI keeps “add” on Genting SG with the expectation of gradual earnings growth from 1QFY2026
Samantha Chiew - CGS International is reiterating its “add” call and 78.5 cents target price on the Resort World Sentosa (RWS) operator Genting Singapore (GENS). This comes on the back of competitor Las Vegas Sands (LVS), the operator of Marina Bay Sands (MBS), releasing its 4QFY2025 results, which saw a hold-ad ...
France halted Eutelsat's sale of ground antennas, Finance Minister says
PARIS, Jan 30 : French Finance Minister Roland Lescure earlier this week blocked Eutelsat's sale of its ground antennas, he said on Friday, citing national security concerns tied to the satellite operator, the main European rival to Elon Musk's Starlink."These antennas are used for bo ...
France prevented Eutelsat from selling ground antennas, Finance Minister says
PARIS, Jan 30 : French Finance Minister Roland Lescure said on Friday he had decided earlier this week to prevent French satellite operator Eutelsat, a rival to Elon Musk's Starlink, from selling ground antennas, which enable communication with satellites."These antennas are used for both ...
SMFG books 12% rise in Q3 profit, on track for another record year
TOKYO, Jan 30 : Japan's second largest banking group Sumitomo Mitsui Financial Group reported a 12 per cent rise in third quarter net profit, it said on Friday.SMFG generated net profit of 461 billion yen ($3 billion)over October-December, up from 410.8 billion yen over the same period the prev ...
Nomura quarterly profit falls on Macquarie acquisition cost; JGB yield surge impact limited
TOKYO, Jan 30 : Japan's Nomura Holdings on Friday said third-quarter net profit fell nearly 10 per cent from a year earlier, weighed by expenses related to its $1.8 billion acquisition of investment management assets from Australia's Macquarie Group.Still, the country's largest invest ...
Nomura logs 10% fall in third-quarter profit
TOKYO, Jan 30 : Japan's largest investment bank and brokerage, Nomura Holdings, reported a nearly 10 per cent year-on-year drop in third-quarter net profit on Friday.Net profit for the October-December period came to 91.6 billion yen ($595.31 million), compared to 101.4 billion yen over the sam ...
South-east Asia seeks data centre investments – but must reckon with their thirst
Sharanya Pillai - With rapid data centre growth straining the region’s water supply, the race is on for alternative water sources and cooling technologies.
Apple to prioritize premium iPhone launches in 2026, Nikkei Asia reports
Jan 30 : Apple is prioritizing production and shipment of its three highest-end iPhone models for 2026 while delaying the rollout of its standard model due to a marketing strategy shift and supply-chain constraints, Nikkei Asia reported on Friday, citing four people with knowledge of the matter.Reut ...
Singapore, Vietnam remain on US Treasury’s currency watch list; Thailand added
Benicia Tan - US reinforces monitoring criteria but did not designate any country as a currency manipulator
Singapore’s private-sector leaders back ESR strategy, highlighting global expansion and AI
Low Youjin - Industry participants say the review clarifies the Republic’s growth direction
Driving growth, creating jobs: What are the Economic Strategy Review’s 7 recommendations?
Elysia Tan - These are crafted from suggestions by businesses and workers over 60 engagements, events and company visits since August
GDP growth may no longer translate to jobs; deliberate strategy needed to create diverse opportunities: DPM Gan
Growing Singapore’s economy and creating good jobs are “twin challenges” for the country, said Deputy Prime Minister Gan Kim Yong.
Don’t assume growth will create good jobs, says DPM Gan as Economic Strategy Review unveils 7 plans
Tessa Oh - The committee gives its initial recommendations ahead of its final report to be ready in mid-2026
Malaysian Central Bank rejects using ringgit to help exports
It says strong growth and ongoing reforms provide support for the ringgit
Indonesia committed to measures to boost stock market transparency, minister says
JAKARTA, Jan 30 : Indonesia is committed to introducing necessary reforms in the operation of its stock market, the country's chief economic minister Airlangga Hartarto reiterated on Friday, after global agency concerns about transparency triggered an $80 billion market rout."In response ...
Stocks tumble on bets Kevin Warsh is Trump’s Fed pick
Asian stocks fell, led by declines in China
An EQDP pivot could be transformational
Dr Foo Fatt Kah - Singapore launched the Equity Market Development Programme (EQDP) to revitalise the domestic stock market in response to long-standing concerns over low valuations, declining liquidity and low investor participation. The EQDP sought to attract high-quality listings, enhance market vibrancy, and supp ...
Is it time to rethink cash and CDC handouts?
Felicia Tan - As Singapore gears up for Budget 2026 on Feb 12, it is worth asking whether cash handouts and Community Development Council (CDC) vouchers are being used as effectively as intended. Since its launch in 2021, Singaporeans have enjoyed CDC vouchers, initially meant to thank citizens for their solidari ...
Gold retreats as reports on Trump’s Fed nominee boost dollar
Gold has gained by more than a fifth so far this year
