Crushed by Kospi rout, angry Koreans rip President Lee and vow not to buy

Crushed by Kospi rout, angry Koreans rip President Lee and vow not to buy

Many retail investors and market participants say government intervention came too late Published Mon, Aug 3, 2026 · 07:26 AM SOUTH Korea’s retail traders have long built a reputation for embracing risk. Yet July’s punishing reversal in the Kospi has rattled even this battle-hardened cohort, exposing the limits of their tolerance for volatility. Some, like…

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Nio delivers 35,934 vehicles in July, up 71% year on year

Nio delivers 35,934 vehicles in July, up 71% year on year

[SINGAPORE] Chinese electric vehicle giant Nio delivered 35,934 vehicles in July, representing a year-on-year increase of 71 per cent. The deliveries comprised 20,008 vehicles from the Nio brand, 10,155 vehicles from the Onvo brand and 5,771 vehicles from the Firefly brand, the group said in a bourse filing on Saturday (Aug 1). This brings the…

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Opec+ makes small quota hike to finish unwinding 2023 oil cuts

Opec+ makes small quota hike to finish unwinding 2023 oil cuts

Seven members have agreed to boost their collective target by a further 188,000 barrels a day Published Sun, Aug 2, 2026 · 08:15 PM MAJOR Opec+ nations approved the latest small increase to their production quotas, a move that will complete the theoretical revival of supplies halted in 2023 and give them scope to add…

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Lion Global Investors accumulates shares in Valuetronics and iX Biopharma

[SINGAPORE] Over the five sessions, more than 50 director interests and substantial shareholdings were filed for close to 30 primary-listed stocks. Directors or chief executives reported four acquisitions and no disposals, while substantial shareholders recorded five acquisitions and one disposal. This included CEO or director acquisitions filed for Alpha Integrated Reit , Aztech Global ,…

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ANZ, NAB among banks funding Blackstone’s HSBC book buy: Australian media

ANZ, NAB among banks funding Blackstone’s HSBC book buy: Australian media

At least A$30 billion in senior debt has been arranged through a residential mortgage-backed securitisation Published Sun, Aug 2, 2026 · 05:34 PM ANZ and National Australia Bank (NAB) are among lenders bankrolling Blackstone’s A$36 billion (US$25.3 billion) purchase of HSBC’s Australian retail loan portfolio, the Australian Financial Review reported on Sunday (Aug 2), citing…

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After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?

After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?

Firm’s realistic near-term target remains below the performance of today’s leading AI memory [BEIJING] A blockbuster initial public offering (IPO) can generate buzz and signal investor confidence, but the far harder test of becoming a globally competitive company only begins after the opening bell. That is the challenge now facing China’s top memory chipmaker ChangXin…

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Singapore office Reits deliver robust H1 performance on strong occupancy and higher rents

Singapore office Reits deliver robust H1 performance on strong occupancy and higher rents

SINGAPORE’S real estate investment trusts (S-Reits) with meaningful office exposure delivered a robust showing for the first half as operating performance remained strong, even as borrowing costs declined. Suntec Reit , Keppel Reit and OUE Reit , which hold exposure to Singapore CBD assets, reported strong growth in distributable income (DI) in their latest reporting…

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Glide-path portfolios for CPF attract 25 proposals from interested offerors

Glide-path portfolios for CPF attract 25 proposals from interested offerors

Interested parties can collaborate with others to offer solutions for the new investment scheme to launch in 2028 [SINGAPORE] Competition to offer glide-path portfolios is keen as several parties, including large asset managers and financial institutions, are understood to have submitted proposals to the Central Provident Fund (CPF). The CPF Board said its call for…

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