News

Only 18% of investors rate SGX listcos’ disclosures as ‘very transparent’ despite quarterly engagements: study
Research by Stewardship Asia Centre also highlights a disconnect between investors and corporates on key priorities [SINGAPORE] Transparency has emerged as a key concern among investors of companies listed...
Singapore’s Lighthouse Canton to invest over US$1.5b in India; eyes private credit, real estate
[MUMBAI] Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on private credit and real estate, senior...
Singapore’s Lighthouse Canton to invest over US$1.5 billion in India; eyes private credit, real estate
[MUMBAI] Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on private credit and real estate, senior...
HSBC is bullish on 2025 despite hit from Madoff provision
[LONDON] HSBC Holdings raised its profitability outlook for 2025 even as earnings slid following an unexpected US$1.1 billion provision tied to Bernard Madoff’s giant fraud case more than a...
Indonesia to allow central government to lend to local authorities and state companies
[JAKARTA] Indonesia has drawn up new rules that will allow the central government to lend to local authorities and state-owned enterprises in order to support the country’s development projects.According...
Banks initially not told of power plant to prevent information leak, court told
It was kept from lenders to protect company’s strategy from rivals, Olivia Lum’s counsel says [SINGAPORE] Hyflux had initially withheld from bank lenders certain information about the Tuaspring project,...
Asia: Markets cool as Trump begins Japan visit
The buoyant mood has been defying tumultuous trade tensions between Beijing and Washington[HONG KONG] Asian markets opened slightly cooler on Tuesday (Oct 28) as traders kept an eye on...
Paramount to ax 1,000 jobs Wednesday in first round of cuts
[LOS ANGELES] Paramount Skydance will begin a major round of layoffs with 1,000 job cuts on Wednesday (Oct 29), according to a source familiar with the company’s plans.A second...
Singapore drafts framework for cross-border trade of renewable energy certificates within Asean
The framework aims to help countries standardise their approaches for the tracking and accounting of cross-border RECs[SINGAPORE] Singapore, along with an international standard setter for energy attributes, has developed...
Stocks to watch: Cordlife, Seatrium, First Reit, CICT, KIT, Keppel Pacific Oak US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 28): Cordlife : The cord blood bank said on Monday it had...
CICT’s Q3 net property income rises 1.6% to S$294.4 million
[SINGAPORE] CapitaLand Integrated Commercial Trust’s (CICT) net property income (NPI) grew 1.6 per cent year on year to S$294.4 million for the third quarter ended September 2025, while revenue...
Amazon targets as many as 30,000 corporate job cuts: sources
The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10 per cent of its roughly 350,000 corporate employees[SAN FRANCISCO] Amazon is planning to cut...