News
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation[HONG KONG] Morgan Stanley increased bonuses by about 20 per cent for...
How much is Frasers Property willing to pay, to defend its turf in Orchard Road?
The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too[SINGAPORE] The much-awaited collective sale of the rear block of The Centrepoint...
China EV makers rise as EU mulls minimum price to replace tariff
The minimum pricing will need to be flexible in order to accommodate different model types and vehicle categories[HONG KONG] BYD and other Chinese electric vehicle (EV) makers rose on...
Yen tumbles following report Japan PM plans snap poll
Japanese officials have stepped up warnings against what they describe as excessive and speculative FX moves[TOKYO] The yen dropped to its weakest level against the US dollar since July...
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent “one-sided depreciation”, as Tokyo stepped up threats...
UOBKH initiates coverage on NTT DC Reit with ‘buy’; forecasts 41% upside
The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy[SINGAPORE] NTT DC Reit has the highest distribution yield among data centre real estate investment...
Asia markets extend gains on ‘Sell America’ inflows, despite Trump’s Iran tariff threat
The announcement also says that the new duty would be ‘effective immediately’[SINGAPORE] Asian markets extended gains at market open on Tuesday (Jan 13), as the momentum from a global...
Threat to US Fed independence, geopolitical tensions cloud Wall Street outlook
Investors rush into Asia markets, precious metals as the ‘sell US’ trade takes hold[SINGAPORE] Investors could continue to rush out of US markets and seek safety in precious metals,...
Major US banks gear up for bond sales as Trump turns up pressure
The biggest US banks usually borrow in the investment-grade bond market soon after posting earnings[NEW YORK] Wall Street is about to embark on its regular borrowing binge, as it...
Strong January lifts odds of another record year for STI, further upside ahead: OCBC
[SINGAPORE] The year may have kicked off on a shaky note for global markets with geopolitical volatility following American action in Venezuela.However, the Singapore market appears to have bucked...
