Culture
China’s LandSpace gears up to take on Elon Musk and SpaceX
The country’s state-led space programme has historically been allergic to failed launches[HUZHOU] China’s rocket startup LandSpace has made no secret about drawing inspiration from Elon Musk’s SpaceX.Earlier this month,...
BOJ debated need for more rate hikes even after December move, summary shows
The central bank has said underlying inflation must durably hit its target to justify further rate hikes[TOKYO] Bank of Japan (BOJ) policymakers debated the need to keep raising interest...
Indonesia set to revamp benchmark rates for money market
Institutions use Jibor to determine interest rates for bank deposits, swaps and consumer loans, among other things[JAKARTA] Indonesia is set to phase out a key money-market benchmark this week,...
China’s BYD poised to overtake Tesla in 2025 EV sales
[NEW YORK] Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world’s biggest electric vehicle (EV) company in annual sales.The two groups are expected soon...
Oil rises as investors weigh outcome of Trump-Zelensky meeting
[BEIJING] Oil prices rose on Monday (Dec 29) as investors weighed the outcome of talks between the US and Ukrainian presidents on a potential deal to end the war...
Frasers Property unit to lend up to 938.6 million baht to JV with two ThaiBev units
Capital injections will advance the technology and digitalisation of both Frasers Property Group and Thai Beverage Group[SINGAPORE] Frasers Property Holdings (Thailand), a subsidiary of Frasers Property , has agreed...
Return of global funds puts South-east Asia in spotlight for 2026
[SINGAPORE] Global capital is coming back to South-east Asia’s stock markets this month, positioning the cohort as one of the must-watch pockets of global finance for 2026. Drawn by...
Why silver price has been surging even more than gold
Global demand for silver has outpaced the output from mines for five consecutive years[JOHANNESBURG] Gold has staged a dramatic rally this year as the US Trump administration’s unorthodox economic...
Silver rises to record above US$80 in historic end-of-year rally
SILVER climbed to a record, pushing beyond US$80 an ounce for the first time to extend a historic end-of-year rally.The white metal rose for a sixth session and is...
Amid global economic uncertainty, KSH Holdings doubles down on Singapore for growth
The construction and property group is eyeing more laboratory construction projects, given its strong track record in the sector[SINGAPORE] In view of China’s prolonged economic slowdown and rising geopolitical...
