Culture
China’s EV boom saddles its auto insurers with losses
[BEIJING] China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviours.The country...
MPACT’s Q2 DPU rises to S$0.0201 on higher contributions from Singapore properties
[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) posted a rise in distribution per unit (DPU) to 2.01 Singapore cents for its second quarter ended Sep 30, from 1.98 cents...
Chipmaker Yangtze Memory weighs over US$40 billion China IPO next year: sources
[HONG KONG] Yangtze Memory Technologies is considering an initial public offering in mainland China at a valuation that could exceed US$40 billion, according to people familiar with the matter,...
Sabana Reit’s Q3 income available for DPU up 38.4% at S$0.0101 on higher occupancy at New Tech Park
Revenue rises 5.3% year on year to S$29.9 million; net property income climbs 16% to S$16.9 million[SINGAPORE] Sabana Industrial Real Estate Investment Trust (Reit) posted a 38.4 per cent...
Singapore counters close higher; STI rises 0.3%
Across the broader market, advancers beat decliners 311 to 262 after 1.4 billion securities worth S$1.6 billion change hands[SINGAPORE] Counters on the Singapore stock exchange broadly closed higher on...
Digital Core Reit’s 9-month distributable income rises 1.9% to US$35.2 million
[SINGAPORE] Digital Core Reit reported distributable income of US$35.2 million for the nine months ended Sep 30, up 1.9 per cent from a year earlier.Revenue for the period climbed...
Is gold losing its shine? What bullion’s plunge could signal, according to analysts
The precious metal was up 60% this year till recently, outstripping Bitcoin and the Magnificent Seven stocks [SINGAPORE] Questions on whether gold’s bull run is gone for good surfaced...
Mandarin Oriental acquisition bid shows it’s better to invest in Jardine Matheson
Analysts say the proposed buyout is a good deal for Jardine Matheson, but not so much for Mandarin Oriental International minority shareholders as it undervalues Mandarin Oriental International significantly[SINGAPORE]...
Indonesia’s central bank surprises with decision to hold rates steady
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent[JAKARTA] Indonesia’s central bank unexpectedly held its key interest rate steady on Wednesday,...
Changi Airport’s Q3 passenger traffic up 3.1%
Top markets are China, Indonesia, Malaysia, Australia and India; air freight throughput up 3.7%[SINGAPORE] Changi Airport posted 17.3 million passenger movements in the third quarter of 2025, an increase...
