Culture

NTT Docomo to buy SBI’s online bank for 420 billion yen in cut-throat market
[TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive...
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
[SINGAPORE] Phillip Securities Research has initiated coverage on the Phillip SGX Apac Dividend Leaders Reit ETF (Pareits) with an “accumulate” call and a target price of S$1.095.In a report...
Sony says spinoff will give financial arm its own fundraising capabilities
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep...
Nikkei ends at two-week high on US tariff relief, chip rally
Published Thu, May 29, 2025 · 03:17 PM[TOKYO] Japan’s Nikkei ended trade on Thursday (May 29) at the highest point in more than two weeks after a US court...
As listcos head for the door, are private markets the answer for investors?
[SINGAPORE] Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the private equity market in deal value and...
Toyota sales hit second monthly record on US demand, tariff rush
Japanese carmakers are heavily reliant on the US auto market and could suffer as much as a US$19 billion impact from the leviesPublished Thu, May 29, 2025 · 02:11...
NIE, Amazon Web Services set up AI-focused innovation hub for edtech research
[SINGAPORE] The National Institute of Education (NIE) and Amazon Web Services (AWS) will open a new Technology for Education Centre for applied innovation and research in education technology.This is...
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brandsPublished Thu, May 29, 2025 · 01:45 PM[TAIPEI] Taiwan’s Foxconn will...
Aramco CEO will keep borrowing even as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Asia: Equities boosted by US court’s tariff ruling, Nvidia results
[HONG KONG] Asian stocks rallied with US futures on Thursday after a US court blocked Donald Trump’s sweeping global tariff blitz, dealing a hefty blow to the president’s signature...
Vietnam’s AI ambitions hinge on one US$6.8 billion tech company
[HANOI] Four decades ago, Truong Gia Binh set up a technology company using a single computer in a room loaned by his then-father-in-law, general Vo Nguyen Giap, revered for...