News

Singapore bank lending hits fastest monthly growth since Dec 2024; full-year lending at multi-year high
For the whole of 2025, bank lending up 5.8% at S$10.26 trillion, MAS data indicates[SINGAPORE] Singapore’s bank lending in December 2025 charted the highest monthly increase since December 2024,...
China’s BYD vehicle sales fall for fifth month in a row
It has narrowly met its slashed global sales target of 4.6 million units in 2025, and has not announced this year’s targetPublished Sun, Feb 1, 2026 · 07:16 PM[BEIJING/HONG...
Sell America is the new trade on Wall Street
Published Sun, Feb 1, 2026 · 06:01 PMA NEW investment thesis has spread through global markets at the start of 2026, as trading strategies long built on the primacy...
What is tokenised gold, and why is it taking off in Asia?
Market watchers note that Singapore’s banks have taken a more measured approach towards tokenised gold offerings for retail investors[SINGAPORE] Amid a year-long rally in gold prices that saw the...
Indonesia permits Elon Musk’s Grok to resume service after ban
Published Sun, Feb 1, 2026 · 04:07 PM[JAKARTA] Indonesia has permitted the artificial intelligence tool Grok to resume service after Elon Musk’s X provided assurances to the government following...
Institutions turn net sellers as new share placements hit the market
Net institutional outflow of S$61.6 million has reduced the net inflow for January to S$211 million[SINGAPORE] For the five trading sessions spanning Jan 23 to 29, institutions were net...
Trump welcomes China, India investment in Venezuela oil
Published Sun, Feb 1, 2026 · 01:08 PM[WASHINGTON] President Donald Trump said on Saturday (Jan 31) he welcomed investment by China and India in Venezuela’s oil industry.“China is welcome...
Californian tech company to move headquarters to Florida
California quantum computing company D-Wave is moving its headquarters to Boca Raton, Fla., and opening a new research and development facility.In an announcement this week, the Palo Alto company...
Market swings in India surge from historic low as budget nears
With the Nifty 50 down more than 3% this year, Indian shares have become some of the world’s worst performersPublished Sat, Jan 31, 2026 · 03:50 PM[SINGAPORE] Indian stocks...
ExxonMobil, Chevron clock best month since 2022 as crude surges
Published Sat, Jan 31, 2026 · 02:57 PMSHARES of US oil giants ExxonMobil and Chevron notched their largest monthly gains in more than three years, boosted by rising energy...
Mercedes seeks to regain China luxury lead with new S-Class
Germany’s automakers have already lost the battle in the Asian nation on mass-market EVsPublished Sat, Jan 31, 2026 · 12:32 PM[FRANKFURT] Mercedes-Benz Group unwrapped a refreshed S-Class, pitching its...
After EVs, smart driving tech to power China’s auto exports
China exported a record 7.1 million cars in 2025, buoyed by growing demand for new-energy vehicles (NEVs) as the global shift toward electrification gathered pace, allowing the country to...