News

Singapore shares mixed; Straits Times Index declines
[SINGAPORE] Singapore shares closed lower on Wednesday (Jan 28), with the Straits Times Index (STI) failing to sustain its momentum a day earlier amid a mixed showing regionally.The 30-constituent...
Hong Kong’s Exchange Fund posts record gain of HK$331 billion
Published Wed, Jan 28, 2026 · 05:36 PM[HONG KONG] Hong Kong’s Exchange Fund reported a record investment gain of HK$331 billion (S$53.5 billion) in 2025, helped by rising global...
As the greenback dives, one of Asia-Pacific’s top-performing currencies is trouncing the Singdollar
The Australian dollar surged to its strongest position against the greenback in over two years[SINGAPORE] The US dollar skidded to a four-year low on Wednesday (Jan 28), sparking a...
ASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
The orders beat comes as several of the chipmaker’s customers raise investment plansPublished Wed, Jan 28, 2026 · 04:05 PM[AMSTERDAM] ASML reported stronger-than-expected bookings in the fourth quarter on...
Singapore-based Digital Edge to build US$4.5 billion data centre campus in Indonesia
Published Wed, Jan 28, 2026 · 02:01 PM[HONG KONG] Digital Edge, an Asian digital infrastructure firm backed by alternative asset manager Stonepeak Partners, plans to invest US$4.5 billion to...
China’s four-year energy spree has eclipsed entire US power grid
Published Wed, Jan 28, 2026 · 01:02 PMCHINA is undertaking an energy-building boom unlike anything the world has ever seen, as Beijing seeks to ensure supply for power-hungry facilities...
BYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growthPublished Wed, Jan 28, 2026 · 11:49 AM[DELHI] BYD is weighing options to expand...
‘Swiftest pace of expansion’: RHB lifts OCBC target price to S$21.30 on Q4 earnings growth forecast
[SINGAPORE] RHB has raised its target price for OCBC to S$21.30, driven by forecasts that the bank will post single-digit year-on-year earnings growth at its upcoming Q4 results release...
Gold prices dip after rising nearly 3% to fresh record
The Fed is expected to hold rates steady at its January monetary policy meeting, currently underwayPublished Wed, Jan 28, 2026 · 09:50 AM[BENGALURU] Gold prices dipped on Wednesday (Jan...
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
Published Wed, Jan 28, 2026 · 08:52 AM[TOKYO] A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could...
Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant
The proposed plant will have a planned production capacity of up to 100,000 tonnes of the fuel a year [SINGAPORE] Keppel , through its infrastructure division, has entered an...
ST Engineering books record S$18.7 billion in contract wins for FY2025
[SINGAPORE] Singapore Technologies Engineering’s ( ST Engineering ) total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6 billion total in 2024 by about 49 per...