News
China’s CATL to raise at least US$5 billion in Hong Kong listing: sources
CHINESE battery giant CATL is expected to raise at least US$5 billion in a Hong Kong listing, according to two sources with direct knowledge of the matter.
CATL did not...
Citigroup targets social finance deals in Asia as demand grows
Citi led 76 transactions in Asia last year, raising US$2.4 billion, according to the bankCITIGROUP said that it expects social finance funding in Asia to rise by more than...
BYD shares hit record high, trouncing Tesla’s stock; to integrate DeepSeek and broaden self-driving tech
BYD shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle (EV) leader will further challenge peers such as Tesla through its...
BYD puts driver-assistance features in most of its cars for free
BYD will enable advanced driver-assistance features in almost all future models at no additional cost to buyers as part of a bid to challenge Tesla and domestic rivals in...
Keppel’s new commercial property secures financial services company as anchor tenant
The Tanjong Pagar building features smart building management systems and renewable energy useASSET manager Keppel’s new commercial property has completed construction, and a financial services company has been secured...
Manulife appoints new Singapore CEO amid leadership shake-up in Asia
INSURER Manulife has appointed Benoit Meslet, the current chief executive officer of its Japan office, to head its Singapore division. Meslet will replace Khoo Kah Siang on Jun 1 –...
Innovation Centres in Singapore are Doing Many Interesting Things
AFTER Procter & Gamble (P&G) launched the Olay Super Serum in the United States in 2023, the product shot to pole position among serums there. A bottle of this,...
‘I’ll give it my best shot’: incoming DBS CEO Tan Su Shan eyes growth in high ROE businesses
INCOMING DBS chief executive Tan Su Shan said she will focus on growing businesses that provide a high return on equity (ROE), when she takes over the helm at...
Bitcoin hoarder’s stock soars 4,000% in Japan on crypto rally
THE ripple effects of US President Donald Trump’s pro-crypto agenda are fuelling a surge in Bitcoin demand in Japan, where one hotelier’s pivot to stockpiling the cryptocurrency is delivering...
DeepSeek sparks hope for renaissance in China’s tech megacaps
THE rise of Chinese artificial intelligence (AI) startup DeepSeek is forcing investors to re-evaluate the nation’s leading Internet companies and their potential to capitalise on AI that’s boosted global...
