News

Asia insurers increasing infrastructure debt exposure as capital rules shift: Schroders
The asset class offers access to sectors that institutional investors might not otherwise have[SINGAPORE] Changes in regulatory capital treatment under risk-based capital regimes in Asia will allow insurers to...
US stocks gain on optimism over US-Iran deal to open Hormuz
Published Tue, May 26, 2026 · 10:19 PM[NEW YORK] US equities climbed and US oil prices were lower as investors bet that a deal to re-open the Strait of...
IHH Healthcare Q1 net profit edges up 3% to RM528 million
Foreign currency translation differences set the group back by RM796 million during the quarter[SINGAPORE] Integrated healthcare operator IHH Healthcare on Tuesday (May 26) reported a 3 per cent year-on-year...
Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land
The claimant, Tumpal Hutabarat, has been ordered to pay costs, similar to a February ruling[SINGAPORE] Keppel said on Tuesday (May 26) that the Indonesian High Court has upheld an...
China expands travel curbs to top AI talent at private firms
The moves highlight how elite AI engineers are now seen as strategic assets to the countryPublished Tue, May 26, 2026 · 05:49 PM[BEIJING] China is restricting overseas travel for...
Malaysia jolts bullion trade with 10% import duty on gold bars
Malaysia imported around US$2.5 billion of non-monetary gold through April this yearPublished Tue, May 26, 2026 · 04:19 PM[KUALA LUMPUR] Malaysia has imposed a 10 per cent import duty...
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
Published Tue, May 26, 2026 · 03:49 PM[COLOMBO] Sri Lanka’s central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday (May 26),...
Sats may reward shareholders with special dividend if there’s spare cash
The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20 per cent Ebitda margins[SINGAPORE] Air freight handler and inflight caterer Sats may pay...
Who’s powering next-gen nuclear energy: AI boom drives hybrid financing wave
But scaling such technologies will hinge on the ability to bring in banks and institutional investors[SINGAPORE] Before Oklo went public through a special purpose acquisition company merger in May...
Why China is tightening controls on overseas stock trading
The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign marketCHINA’S efforts to control capital outflows are colliding with growing demand from mainland...
Starbucks Korea top executives apologise as as ‘Tank Day’ promotion boycott hits revenue
Published Tue, May 26, 2026 · 11:00 AM[SEOUL] Top executives issued public apologies and warned of “substantial” declines in revenue after Starbucks Korea was hit with a boycott campaign...
Shares of Sats up over 5% after posting rise in Q4 earnings
[SINGAPORE] Shares of Sats on Tuesday (May 26) morning were trading more than 5 per cent higher, after the company posted a 31 per cent year-on-year rise in net...