Entrepreneurship
mm2 Asia gets 90-day extension to hold AGM; deadline is Jan 27
[SINGAPORE] Entertainment company mm2 Asia has obtained approval from the Accounting and Corporate Regulatory Authority (Acra) for an extension of time to hold its annual general meeting by Jan...
Li Auto adds to gloomy China EV outlook with revenue miss
In Q3, the company’s revenue fell 36%, the worst drop since its US listing in 2020[HONG KONG] Li Auto’s fourth quarter forecasts fell short of expectations, adding to investor...
IHH Healthcare’s Q3 net profit rises 15% to RM616 million
Revenue is up 16% at RM6.6 billion, on the back of strong performances from key markets Malaysia and India[SINGAPORE] IHH Healthcare on Wednesday (Nov 26) posted a net profit...
Singapore stocks track Wall Street gains; STI up 0.4%
Across the broader market, gainers outnumber losers 280 to 258, after 1.3 billion securities worth S$1.3 billion change hands[SINGAPORE] Singapore stocks ended higher on Wednesday (Nov 26), tracking overnight...
Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
[SINGAPORE] Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange business in Asia. Nicky Lam, formerly of Nomura in Singapore,...
SoftBank’s 40% slide since October underscores mounting worry over its giant OpenAI bet
Japanese tech investor leads AI selloff amid concerns over new pressure on OpenAI after Gemini 3.0 debut[TOKYO] Growing unease over frothy artificial intelligence valuations is weighing on shares of...
Malaysia’s data centre hub tightens approvals on water worries
[KUALA LUMPUR] Johor, the Malaysian state emerging as a regional data centre hub, is raising the bar for new projects as authorities seek to curb the heavy water use...
Surgical tech firm UltraGreen.ai files for US$150 million IPO on SGX mainboard
It is offering 112.1 million shares at US$1.45 or S$1.892 apiece; this includes 5.9 million shares for a retail tranche in Singapore[SINGAPORE] Medical imaging and surgery technology firm UltraGreen.ai...
China likely to bid on building new Panama Canal ports
The Panama Canal Authority plans to award contracts for the two terminals in late 2026 and begin operations in 2029[PANAMA CITY] China is among parties interested in bidding to...
China buys at least 10 US soybean cargoes in new deals after Trump-Xi call: sources
[BEIJING] China bought at least 10 cargoes of US soybeans worth around US$300 million in contracts signed since Tuesday, two traders with knowledge of the deals said, a day...
