News

Raffles Education leads most active pack on SGX with 43 million shares traded; price jumps 24%
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure[SINGAPORE] Raffles Education led the pack of actives on the Singapore Exchange (SGX) on Monday...
Asean Power Grid projects could attract more Chinese investor interest in 2026
Clean-power manufacturers from China have been expanding in Indonesia, could seize more opportunities with cross-border projects[SINGAPORE] China’s clean-power players and investors are poised to expand their footprint in South-east...
Indonesia’s tin exports surge as supply concerns dissipate
The global market for mined tin will swing to a surplus next year thanks to rising mine supplies, according to MysteelINDONESIA’S exports of tin recovered in November, in a...
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026[SINGAPORE] The Middle Eastern oil market has weakened in recent weeks on concern that...
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away[BEIJING] A US$3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated...
Soilbuild Construction proposes four-for-one stock split after 313% year-to-date rise
The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares[SINGAPORE] Construction and engineering company Soilbuild Construction on Monday (Dec 15) announced a...
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans [SINGAPORE] Singapore-headquartered investment firm January Capital on Monday (Dec 15) announced the final close...
Robot vacuum Roomba maker files for bankruptcy after 35 years
Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company[NEW YORK] iRobot filed for bankruptcy after reaching a restructuring support agreement...
Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan[TOKYO] Japan’s Nomura Holdings is on the lookout...
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new peak[SINGAPORE] In the cutthroat world of digital...
‘Not meant to make a big statement’: JPMorgan’s Jamie Dimon on why the bank has shelled out US$4 billion on New York HQ
It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive interview with BT[SINGAPORE] What does a “workplace...
Gallant Tang: Shaping SingHaiyi Group’s next chapter
How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership Inside Asia’s family empires: How they are transforming to seize the next...