News
Iran temporarily closes airspace to most flights, forcing airlines to reroute
[WASHINGTON] Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid concerns about possible military action between the...
Bank of Korea stands pat as board wary of weak won, property market rally
[SEOUL] South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, as authorities monitor the weakening won along with risks of financial imbalances stemming...
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
[SINGAPORE] DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and raised its target prices for ST Engineering and Sats , as it advised investors to shift their...
Thailand long-bond outlook darkens on fiscal worries before vote
Election risks aside, investors have already been bracing for additional debt issuance, with some expectations of it being front-loaded[MELBOURNE] As Thailand’s general election nears, rising concerns about fiscal largesse...
Asia loan bankers brace for competition, thinner margins in 2026
Banks are also targeting more deals from holding companies this year, as they can fetch higher margins of 4% to 5%[SINGAPORE] Loan bankers in Asia are bracing for an...
Sembcorp seeks shareholder approval for Alinta Energy buy at Jan 30 EGM
[SINGAPORE] Sembcorp Industries will seek shareholder approval for its acquisition of Alinta Energy, it said in a bourse filing on Thursday (Jan 15). The extraordinary general meeting (EGM) will...
Fed survey suggests slight upgrade to US economy
Financial markets expect the Fed to leave interest rates unchanged at its January meetingECONOMIC activity increased in most parts of the US and employment was mostly unchanged in recent...
Go big or go home: What SGX and Nasdaq’s S$2 billion dual-listing threshold signals to the market
Requirement ensures that potential issuers are big enough for institutional and analyst attention, and have sufficient liquidity, say observers[SINGAPORE] The S$2 billion market-capitalisation requirement for the dual-listing bridge between...
TSMC smashes forecasts with record profit, flags more US factories
Its results come as Taiwan signalled that a tariff deal with the US could come soon[TAIPEI] TSMC, the world’s main producer of advanced artificial intelligence chips, on Thursday (Jan...
Trump imposes 25% tariff on imports of some advanced computing chips
US PRESIDENT Donald Trump signed a proclamation on Wednesday to address national security concerns with respect to imports of semiconductors, and imposed a 25 per cent tariff on certain...
