News
Thai IPO drought may persist as issuers chase valuations abroad
The country’s benchmark stock index is Asia’s worst performer this year, declining about 9%[BANGKOK] Thailand’s beleaguered initial public offering (IPO) scene is set to remain subdued as the country’s...
Nio shares climb as much as 6.7% on report of more CATL reliance
CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost[SINGAPORE] Shares of Chinese electric vehicle maker Nio on the...
China’s LandSpace gears up to take on Elon Musk and SpaceX
The country’s state-led space programme has historically been allergic to failed launches[HUZHOU] China’s rocket startup LandSpace has made no secret about drawing inspiration from Elon Musk’s SpaceX.Earlier this month,...
BOJ debated need for more rate hikes even after December move, summary shows
The central bank has said underlying inflation must durably hit its target to justify further rate hikes[TOKYO] Bank of Japan (BOJ) policymakers debated the need to keep raising interest...
Frasers Property unit to lend up to 938.6 million baht to JV with two ThaiBev units
The capital injections will advance the technology and digitalisation of both Frasers Property Group and Thai Beverage Group[SINGAPORE] Frasers Property Holdings (Thailand), a subsidiary of Frasers Property , has...
Stocks to watch: Keppel, Keppel DC Reit, Frasers Property, ThaiBev
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 29): Keppel , Keppel Data Centre Real Estate Investment Trust (Keppel DC...
Expand eligible investments as part of SFO tax framework tweak, industry observers say
Market players say that it is timely to include digital assets, precious minerals, insurance and family businesses[SINGAPORE] Expanding the types of investments eligible for tax incentives is a key...
Demand for China’s lithium batteries will slump in early 2026: car association head
A big drop in demand will hurt battery makers including Contemporary Amperex Technology Ltd and EVE Energy[SHANGHAI] Demand for Chinese lithium batteries will likely slump in early 2026 due...
Coupang founder Kim Bom apologises for data leak, pledges compensation
[SEOUL] Online retailer Coupang’s founder Kim Bom apologised for the first time for a recent leak of customer data and pledged to unveil a compensation plan as soon as...
Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub
MAS likely to go ahead with simplifying SFO tax incentive framework in face of rising competition [SINGAPORE] Singapore has risen to become one of the top wealth hubs globally...
