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Toyota raises offer for Toyota Industries by 15%
[TOKYO] Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as part of the plan...
Prudential taps ex-HSBC veteran Douglas Flint as chairman
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March[LONDON] Prudential has appointed Douglas Flint as its next chairman, becoming...
China tightens margin financing requirements to cool red-hot stock market
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock market, after onshore turnover and leverage bets hit records.China...
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
[SINGAPORE] Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding orders with three Chinese shipyards for a total of 16 vessels....
Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
[SINGAPORE] Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing strong visible earnings from its development pipeline and...
Gold near record-highs as softer US inflation fuels Fed rate-cut bets
GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90 mark, as softer-than-expected US inflation readings cemented US...
MoneyHero probes board chairman as internal frictions rise
Kenneth Chan is also a senior vice-president at Pacific Century Group, MoneyHero’s largest shareholder[SINGAPORE] MoneyHero Group is investigating a complaint made by an employee about its board chair Kenneth Chan, Tech in Asia understands.The...
Global EV sales growth likely to slow after 20% jump in rocky 2025: research firm
GLOBAL EV registrations grew 20 per cent last year but are likely to lose pace in 2026, data showed on Wednesday, as a slowdown in China and a relaxation...
Trump says Dimon ‘wrong’ to criticise DOJ Probe of Fed’s Powell
US PRESIDENT Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the JPMorgan Chase & Co. chief executive officer was “wrong” to...