Fashion
Co-living operator The Assembly Place launches Catalist IPO at S$0.23 a share
The company will have an estimated market capitalisation of about S$88.1 million post-listing[SINGAPORE] Home-grown co-living operator The Assembly Place (TAP) has launched its initial public offering (IPO) of about...
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
[SINGAPORE] Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to a fire risk...
Nikkei falls from record as tech shares retreat; Topix rises
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters and a red-hot rally in technology shares...
Australian shares end at two-month high as miners ride metals rally
[SYDNEY] Australian shares closed at an over two-month high on Thursday (Jan 15), driven by broad-based gains, with miners at the helm as investors pivoted to the heavyweight sector...
Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension
The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot [SINGAPORE] The Land Transport Authority (LTA) has awarded the first civil contract for...
Lucid set to start manufacturing cars in Saudi Arabia in 2026
The company has also struggled more broadly with profitability and production challenges[RIYADH] Lucid Group is on track with plans to start producing cars in Saudi Arabia as it looks...
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
The fintech has over 70 million individual users and more than 700 enterprise customers [HONG KONG] Hong Kong-based fintech firm WeLab has secured US$220 million from investors including HSBC...
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
Analysts say worries of Fed independence and regarding trust in US assets have added to safe-haven demand for bullion[BENGALURU] Gold slipped on Thursday (Jan 15) as investors booked profits...
Singapore shares edge lower at Thursday’s open; STI dips 0.1%
Investors continue to wait in uncertainty after the US Supreme Court did not issue a ruling on the challenges to ‘Liberation Day’ tariffs[SINGAPORE] Singapore stocks edged lower at market...
KKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback[HONG KONG] KKR raised three-quarters of its US$2.5 billion Asia private credit fund from new investors, as...
