Savills Singapore launches 163-unit Scenery House in London’s refurbished Television Centre to local buyers
Jovi Ho - Savills Singapore is presenting to local buyers this weekend the final residential phase of London’s refurbished Television Centre, on the site of the former BBC headquarters. Set within the heart of White City in the London Borough of Hammersmith and Fulham, Scenery House is a new, modern mansion ...
Japan’s Nidec delays results again, vows culture reform after crisis
The company’s founder Shigenobu Nagamori has already stepped down as chairman of the board
Thai December factory output rises 2.52% y/y, beats forecast
BANGKOK, Jan 29 : Thailand's manufacturing production index rose 2.52 per cent in December from a year earlier, the industry ministry said on Thursday, stronger than analysts' forecasts.The December figure compared with a year-on-year decline of 0.9 per cent forecast in a Reuters poll, and ...
Thai December factory output rises 2.52% y/y, better than forecast
BANGKOK, Jan 29 : Thailand's manufacturing production index rose 2.52 per cent in December from a year earlier, the industry ministry said on Thursday, stronger than analysts' forecasts.The December figure compared with a year-on-year decline of 0.9 per cent forecast in a Reuters poll, and ...
Anchorpoint shopping centre up for sale with S$295 million guide price
Ry-Anne Lim - This works out to around S$3,751 per sq ft on its existing net lettable area of 78,636 sq ft
JP Morgan lifts STI base-case target to 6,000; bull-case to 6,500
Felicia Tan - JP Morgan analysts Mervin Song, Terence Khi, Harsh Modi, Ranjan Sharma, Sumedh Samant and Karen Li now see the Straits Times Index (STI) reaching 6,000 points in their base-case scenario. In a bull case, the analysts believe the index could climb further to 6,500 points. "The STI has continued ...
Sembcorp Development gets nod to develop 467ha industrial park in central Vietnam
Jovi Ho - A joint venture of Sembcorp Development, a wholly owned subsidiary of Mainboard-listed Sembcorp Industries, has received approval to develop VSIP Hue, a 467ha industrial park in central Vietnam. Sembcorp Development received approval via its Vietnam Singapore Industrial Park (VSIP) joint venture wit ...
Investors punish Big Tech AI spending that delivers slower growth
Jan 29 : Investors responded to Big Tech earnings this week with a stark warning: they will forgive record spending that brings solid growth, but punish companies if not, showing how much the stakes have changed since ChatGPT's launch more than three years ago.Revenue at Facebook owner Meta Pla ...
Nvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
Amazon joins Microsoft and Nvidia to fund the AI startup
Anchorpoint mall up for sale at S$295 million
SINGAPORE: Anchorpoint mall at Alexandra Road is up for sale with a guide price set at S$295 million (US$234 million).The freehold mall, located opposite Ikea, comprises a total strata area of 110,373 square feet, alongside a standalone two-storey conservation building.This is the latest suburban re ...
Apac institutional investors maintain conviction on private markets: Aviva Investors
Benjamin Cher - 49% of the group are expecting to increase allocations to private markets
Apac investors most bullish globally on private markets, with nearly half planning to raise allocations
Benjamin Cher - 49% of the group are expecting to increase allocations to private markets
Indonesia shares hit by second trading halt after MSCI flags transparency concerns
Elisa Valenta - Goldman downgrades Indonesia stocks to ‘underweight’ on outflow risks
Indonesia shares pare losses after authorities pledge to address MSCI’s transparency concerns
Elisa Valenta - Indonesia shares hit by second trading halt after MSCI flags transparency concerns
Retrenchments rose slightly in 2025, but employment growth expanded: Advance estimates
Resident employment growth was concentrated in financial services and in health and social services, said the Ministry of Manpower.
Nvidia, Microsoft, Amazon in talks to invest up to $60 billion in OpenAI, The Information reports
Jan 28 : Nvidia, Amazon, and Microsoft are in talks to invest up to $60 billion in OpenAI, The Information reported on Wednesday.Nvidia, an existing investor whose chips power OpenAI's AI models, is in talks to invest up to $30 billion, The Information said, citing a person with knowledge of th ...
MBS Q4 earnings surpass S$1 billion to set new record
Elysia Tan - The property still has potential to keep growing, says parent company LVS
RHB lifts ST Engineering target price to S$10.70 on record contract wins
Deon Loke - The group’s total contract awards for 2025 stand at S$18.7 billion
Singapore’s total employment up by 19,600 in Q4; retrenchment level rises in 2025: MOM
Chloe Lim - Labour market is expected to expand in Q1 2026, though firms are becoming more cautious in their hiring plans
One of China’s richest battery tycoons builds US$50 billion empire
Sungrow has the second-biggest market value among all mainland-listed firms seeking H-share listings
Anchorpoint mall up for sale at guide price of $295 mil
Felicia Tan - Anchorpoint, a freehold suburban retail mall located at 368 & 370 Alexandra Road, is being offered for sale at a guide price of $295 million or $3,751 per sq ft on its existing net lettable area (NLA) of 78,636 sq ft. According to marketing agent, CBRE, the asset comprises a total strata area of ...
Oil prices gain 1.5% on increasing concerns of Iran attack
Jan 29 : Oil prices rose more than 1.5 per cent in Asian trade, extending gains for a third day on Thursday, on increasing concerns the U.S. may carry out a military attack on key Middle Eastern producer Iran that could disrupt supply from the region.Brent crude futures rose 99 cents, or 1.5 per cen ...
Oil prices rise for a third day on increasing concerns of Iran attack
BEIJING, Jan 29 : Oil prices rose for a third day on Thursday on increasing concerns the U.S. may carry out a military attack on key Middle Eastern producer Iran that could disrupt supply from the region.Brent crude futures rose 50 cents, or 0.73 per cent, to $68.9 a barrel by 0216 GMT, but U.S. Wes ...
Philippines' Q4 GDP up 3% on year, below forecast
MANILA, Jan 29 : The Philippine economy grew 3 per cent in the last quarter of 2025 compared to a year earlier, weaker than the downwardly revised 3.9 per cent expansion for the previous quarter, the country's statistics agency said on Thursday. The pace fell below a 4 per cent median forecast ...
Philippine Q4 growth skids to 5-year low, raises odds of further rate cuts
MANILA, Jan 29 : Philippine economic growth slumped to its weakest in almost five years in the final quarter of 2025, with the full-year pace coming in well behind the government's target in a sharp blow to this year's outlook and raising the odds of further rate cuts. The weak economic pe ...
APG and QIA are reported to be anchor investors in Hongkong Land's SCPREF
The Edge Singapore - APG (All Pension Group, Algemene Pensioen Groep), a Dutch pension investment company based in the Netherlands, which is a subsidiary of the largest pension fund in the Netherlands, and Qatar Investment Authority (QIA) are reported by PERE to be the anchor investors in Hongkong Land's Singapore ...
PM Wong to deliver 2026 Budget statement on Feb 12 at 3.30 pm
Navene Elangovan - He is expected to address Singaporeans’ aspirations and concerns about an ‘uncertain external environment’
PM Wong to deliver 2026 Budget statement at 3.30pm on Feb 12
Navene Elangovan - [SINGAPORE] Prime Minister Lawrence Wong will deliver the Budget statement for 2026 at 3.30pm on Feb 12 in Parliament.
Insurance platform Ethos Technologies, backers raise about $200 million in US IPO
Jan 28 : Ethos Technologies and some of its shareholders raised about $200 million in a U.S. initial public offering, the insurance platform said on Wednesday.The company and the selling shareholders sold 10.5 million shares at $19 apiece, the midpoint of its targeted range of $18 to $20 a share. Th ...
Ethos Technologies prices US IPO at $19/share, Bloomberg News reports
Jan 28 : Insurance platform Ethos Technologies priced its U.S. initial public offering at $19 per share, Bloomberg News reported on Wednesday, citing a person familiar with the matter.Reuters could not immediately verify the report. Ethos did not immediately respond to a request for comment. The li ...
Meta leans on improved ad business to fuel massive AI spending
Investors have historically been anxious about whether the company’s businesses will benefit meaningfully from its hefty AI investments
Asia tech seeks to extend January surge, gold keeps flying
SYDNEY, Jan 29 : Asian tech stocks looked to extend a month-long rally on Thursday with optimism over earnings undimmed into Apple's results, while the dollar remained shaky despite verbal support from both U.S. and European officials.Gold and silver climbed to all-time highs as investors conti ...
Asia tech streak takes a timeout, gold keeps climbing
SYDNEY, Jan 29 : Asia's runaway stock markets took a breather on Thursday as mixed earnings out of the tech sector stirred caution ahead of Apple's results, while the dollar looked shaky despite verbal support from both U.S. and European officials.Gold and silver climbed to all-time highs ...
Federal Reserve’s Powell dodges questions on his future, but has advice for his successor
Powell’s term as chair ends in May