News

Asean Power Grid projects could attract more Chinese investor interest in 2026
Clean-power manufacturers from China have been expanding in Indonesia, could seize more opportunities with cross-border projects[SINGAPORE] China’s clean-power players and investors are poised to expand their footprint in South-east...
Indonesia’s tin exports surge as supply concerns dissipate
The global market for mined tin will swing to a surplus next year thanks to rising mine supplies, according to MysteelINDONESIA’S exports of tin recovered in November, in a...
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026[SINGAPORE] The Middle Eastern oil market has weakened in recent weeks on concern that...
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away[BEIJING] A US$3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated...
Soilbuild Construction proposes four-to-one stock split after 313% year-to-date rise
The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares[SINGAPORE] Construction and engineering company Soilbuild Construction on Monday (Dec 15) announced a...
Robot vacuum Roomba maker files for bankruptcy after 35 years
Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company[NEW YORK] iRobot filed for bankruptcy after reaching a restructuring support agreement...
ASX hit with A$150 million capital charge, regulatory reforms
The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership[SYDNEY] Australia’s corporate regulator will impose a A$150 million (S$129 million) capital...
Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan[TOKYO] Japan’s Nomura Holdings is on the lookout...
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles [SINGAPORE] The Republic’s electric vehicle (EV) adoption rate...
Wall Street sees an AI bubble forming and is gaming what pops it
Looking to 2026, investors debate cutting AI exposure or doubling down to ride a potentially game-changing boom[NEW YORK] It has been three years since OpenAI set off euphoria over...
Xpeng in negotiations partner with EPMB to start EV production in Malaysia
Chinese EV maker aims to make Malaysia a base for expansion across Asean’s right-hand-drive markets[SHANGHAI] Xpeng said on Friday (Dec 12) that it is in negotiations to partner EP...
Green stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power countersIT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his...