News

Li Auto adds to gloomy China EV outlook with revenue miss
November 26, 2025
In Q3, the company’s revenue fell 36%, the worst drop since its US listing in 2020[HONG KONG] Li Auto’s fourth quarter forecasts fell short of expectations, adding to investor...
IHH Healthcare’s Q3 net profit rises 15% to RM616 million
November 26, 2025
Revenue is up 16% at RM6.6 billion, on the back of strong performances from key markets Malaysia and India[SINGAPORE] IHH Healthcare on Wednesday (Nov 26) posted a net profit...
Commentary: California’s first partner pushes to regulate AI while Trump and tech bros thunder forward
November 26, 2025
California First Partner Jennifer Siebel Newsom recently convened a meeting that might rank among the top sweat-inducing nightmare scenarios for Silicon Valley’s tech bros — a group of the...
China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates
November 26, 2025
The company has accelerated overseas investment this year, notably expanding food delivery to additional cities[BEIJING] Didi Global reported an 8.6 per cent rise in third-quarter revenue on Wednesday (Nov...
MOH orders Cordlife to stop collecting cord blood; company calls for trading halt
November 26, 2025
[SINGAPORE] Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or storing new cord blood, effective Wednesday (Nov 26).This means...
Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
November 26, 2025
[SINGAPORE] Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange business in Asia. Nicky Lam, formerly of Nomura in Singapore,...
Malaysia’s data centre hub tightens approvals on water worries
November 26, 2025
[KUALA LUMPUR] Johor, the Malaysian state emerging as a regional data centre hub, is raising the bar for new projects as authorities seek to curb the heavy water use...
Surgical tech firm UltraGreen.ai files for US$150 million IPO on SGX mainboard
November 26, 2025
It is offering 112.1 million shares at US$1.45 or S$1.892 apiece; of which 5.9 million shares will be offered via a public offer in Singapore [SINGAPORE] Medical imaging and...
China’s GWM targets 300,000 annual production with first Europe car plant
November 26, 2025
Chinese automakers are increasingly looking to expand overseas as a way of escaping a brutal, prolonged price war touched off by domestic overcapacity[BAODING, China] China’s Great Wall Motor (GWM)...
RHB initiates coverage on Keppel Infrastructure Trust with ‘buy’ call
November 26, 2025
The analyst sets a target price of S$0.55 and says the trust should have a ‘modestly growing’ distribution profile[SINGAPORE] RHB on Wednesday (Nov 26) initiated coverage on Keppel Infrastructure...
Asian stocks extend global rally as data boost rate cut hopes
November 26, 2025
ASIA extended a global equities rally on Wednesday after another round of tepid US data reinforced expectations that the Federal Reserve will cut interest rates again next month.A report...
Brookfield builds decarbonisation platform in South-east Asia
November 26, 2025
This marks its first renewables investments in the Philippines, Vietnam and Thailand[SINGAPORE] Brookfield Asset Management has made its first renewables investments in the Philippines, Vietnam and Thailand as it...