News
Singapore shares slide amid tech bubble jitters; STI down 0.1%
Singtel was the index’s biggest gainer, while Yangzijiang Shipbuilding fell the most[SINGAPORE] Local shares ended Wednesday (Nov 5) lower, on the back of a sharp sell-off overnight of tech...
Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
The company’s managing director says there is a gap in Malaysia for integrated wellness solutions for seniors[KUALA LUMPUR] Sunway Healthcare Group is expanding its senior-living offerings, ramping up its...
BMW boosts profit margin for cars in third quarter
BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period[BERLIN] German carmaker BMW posted a higher-than-forecast profit margin in its core car business in...
China’s ICBC to open vault boosting Hong Kong’s gold ambitions
[BEIJING] China’s largest state-owned bank plans to open a precious metals depository at Hong Kong International Airport, offering a boost to both the lender’s trading operations and the city’s...
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su[SINGAPORE] The US dollar has lost significant value in 2025 amid tariff uncertainty, rising...
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon[BEIJING] Some 20 kilometres out from the port of Tianjin, in...
Indonesian bonds hit by foreign fund outflows on policy woes
[JAKARTA] Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase spending and raise the deficit limit.Overseas funds sold a net US$1.8...
Yangzijiang Shipbuilding tumbles 5% after BlackRock sells 37.8 million shares
[SINGAPORE] Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a substantial shareholder.BlackRock sold about 37.8...
Manulife US Reit portfolio occupancy falls to 68.2% in Q3
Some 81,000 sq ft of leases have been executed in Q3, making up 2.3% of the portfolio’s net lettable area[SINGAPORE] The manager of Manulife US Reit on Wednesday (Nov...
‘All the signs are positive’: Manulife US Reit manager sees improved outlook on US office recovery
Some 81,000 sq ft of leases have been executed in the quarter, making up 2.3% of the portfolio’s net lettable area[SINGAPORE] The manager of Manulife US Real Estate Investment...
