News

Trump says he still might fire Jerome Powell as Fed chair pick looms
[WASHINGTON] US President Donald Trump teased that he has a preferred candidate to be the next chair of the US Federal Reserve, but is in no hurry to make...
Meta to acquire Singapore-based startup Manus, adding agents to bolster AI bet
AI agents are tools that do not need human supervision to perform specific digital tasks[SAN FRANCISCO] Meta Platforms has agreed to acquire Singapore-based startup Manus, adding a popular artificial...
Miniso: In the business of joy and emotional connections
The company has its roots in China, but it has now accumulated the most extensive cross-cultural experience in AsiaSHOPPING around VivoCity or Changi Airport in Singapore, one cannot help...
How Miniso tap into the business of joy and emotional connections
The company has its roots in China, but it has now accumulated the most extensive cross-cultural experience in AsiaSHOPPING around VivoCity or Changi Airport in Singapore, one cannot help...
Being a good asset manager is like conducting an orchestra: HSBC’s Lim Pang Qi
As HSBC Asset Management’s CEO for South-east Asia and Singapore, he ensures the bank’s teams gel and tracks changes in clients’ needs AS THE chief executive for South-east Asia...
Unicorns likely to turn to private equity for financing: Preqin
[SINGAPORE] As the venture capital (VC) winter continues, startups may have to turn to private equity for funding. A report by data platform Preqin said: “Unicorns – once mythical,...
US stocks end down as tech shares drop ahead of New Year
[NEW YORK] Wall Street’s main indexes ended lower on Monday (Dec 29), kicking off the final week of the year on a softer note, as heavyweight technology stocks retreated...
Blackstone’s AirTrunk said to be exploring Singapore Reit IPO
Discussions with prospective advisers say the offering could raise more than US$1 billion and take place as soon as 2026[SINGAPORE/HONG KONG] AirTrunk, the Australian data centre operator that Blackstone...
Wall St opens lower as rally pauses in final week of 2025
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Dec 29), as heavyweight technology stocks gave up some ground from last week’s gains which had pushed the S&P...
Singapore stocks close lower amid silver rally; STI inches down 0.1%
[SINGAPORE] Singapore stocks ended lower on Monday (Dec 29), tracking a mixed regional performance, while silver climbed above US$80 an ounce.The benchmark Straits Times Index (STI) lost 0.1 per...
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...