News

From Changi vaults to Asian markets, silver rallies even as caution grows
Heavy investor buying has pushed the metal into a persistent supply deficit despite softening industrial and jewellery demand [SINGAPORE] From bullion vaults in Changi to trading desks across Asia,...
Thailand approves US$2 billion PCB manufacturing investment by joint venture
[BANGKOK] Thailand’s investment board said on Monday (Jan 19) it had approved an investment worth US$2.08 billion by a joint venture led by Taiwan’s Zhen Ding Technology, the world’s...
India’s central bank proposes linking Brics’ digital currencies: sources
US President Donald Trump has previously said the bloc alliance is “anti-American” and he threatened to impose tariffs on its members[MUMBAI/NEW DELHI] India’s central bank has proposed that Brics...
Britain eases rules for companies to raise funds
[LONDON] Britain’s revamped framework for raising capital came into force on Monday, aiming to make it easier and cheaper for listed and private companies to secure funds as it...
CGSI downgrades DBS to ‘hold’ on ‘muted’ Q4 performance forecast; S$60.50 target price unchanged
FY2026 could post a larger-than-expected drop in earnings due to downside risks, says CGSI [SINGAPORE] CGS International (CGSI) has downgraded its call on DBS to “hold” from “add”, citing...
Sunway’s RM11 billion IJM bid questioned over Bumiputera rights
Sunway is largely controlled by Malaysian tycoon Jeffrey Cheah Fook Ling, who is ethnic Chinese[KUALA LUMPUR] Sunway’s proposed RM11 billion (S$3.5 billion) takeover of IJM is drawing political scrutiny...
Raffles Education seeks shareholder nod on RMB426.4 million sale of private college in China
[SINGAPORE] Raffles Education is seeking shareholder approval for the proposed sale of its China asset for 426.4 million yuan (S$75.9 million) via an extraordinary general meeting (EGM). The proposed...
Making batteries to woofers, GP’s Lo sways to the rhythms of geopolitics and music
The chairman’s solution for the company’s challenges is to somehow expand the market[SINGAPORE] If you thought this whole headache of geopolitics roiling business was a recent phenomenon, you need...
Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands[TOKYO] Shiseido, once a formidable challenger to L’Oreal and Estee Lauder Companies,...
Can the Singapore market support growth stocks?
Despite the STI outperforming the S&P 500 in the last five years, investors continue to cast doubt on buying growth[SINGAPORE] “Can Asians think?” A collection of essays by Singapore...
Sovereign wealth funds join clamour for private credit in EMs
[LONDON] A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and sovereign wealth investors seeking to...
Hassett says Trump may be right to keep him out as Fed chair
[WASHINGTON] White House economic adviser Kevin Hassett said that US President Donald Trump may well keep him in his current job, which would eliminate him from contention for the...