Business
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AirAsia nears deal for 100 Airbus A220 jets in expansion push
Published Thu, Jan 29, 2026 · 01:16 PM [NEW YORK/HONG KONG] Low-cost South-east Asian carrier AirAsia is close to finalising an order for around 100 Airbus regional jets, according to…
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Toyota retains top auto crown in 2025 with record sales
Published Thu, Jan 29, 2026 · 01:01 PM [TOKYO] Toyota Motor sold a record 11.3 million vehicles globally in 2025, the company said on Thursday, retaining its crown as the…
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From Meta to Samsung, global tech unleashes spending to chase AI
Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres Published Thu, Jan 29, 2026 · 12:48 PM [SEOUL] The world’s largest tech…
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Japan’s Nidec delays results again, vows culture reform after crisis
The company’s founder Shigenobu Nagamori has already stepped down as chairman of the board Published Thu, Jan 29, 2026 · 12:11 PM [TOKYO] Japanese electric motor maker Nidec delayed the…
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Nvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
Published Thu, Jan 29, 2026 · 11:40 AM NVIDIA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an…
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Apac investors most bullish globally on private markets, with nearly half planning to raise allocations
[SINGAPORE] Institutional investors in Asia-Pacific (Apac) have the strongest conviction on private markets, with only 9 per cent planning to reduce allocation. This is the lowest number among the three…
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Indonesia shares pare losses after authorities pledge to address MSCI’s transparency concerns
Indonesia shares are hit by second trading halt after MSCI flags transparency concerns [JAKARTA] Indonesian shares pared earlier losses on Thursday (Jan 29) to close lower after the authorities pledged…
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MBS Q4 earnings surpass S$1 billion to set new record
[SINGAPORE] Marina Bay Sands (MBS) delivered “simply the greatest quarter in the history of casino hotels”, said Las Vegas Sands (LVS) chairman and chief executive officer Rob Goldstein in a…
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RHB lifts ST Engineering target price to S$10.70 on record contract wins
[SINGAPORE] RHB Bank maintained its “buy” call on ST Engineering while raising its target price to S$10.70 from S$9.40, it said in a note on Thursday (Jan 29). The revised…
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One of China’s richest battery tycoons builds US$50 billion empire
Sungrow has the second-biggest market value among all mainland-listed firms seeking H-share listings CAO Renxian is one of China’s richest men in an industry the world cannot live without, yet…
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Meta leans on improved ad business to fuel massive AI spending
Investors have historically been anxious about whether the company’s businesses will benefit meaningfully from its hefty AI investments Published Thu, Jan 29, 2026 · 10:04 AM [SAN FRANCISCO] Meta Platforms’…
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Federal Reserve’s Powell dodges questions on his future, but has advice for his successor
Published Thu, Jan 29, 2026 · 09:56 AM [WASHINGTON] US Federal Reserve Chair Jerome Powell stuck mostly to form on Wednesday, deflecting questions from the press about both his future at the…
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Australian bourse operator ASX jumps after appointments to its corporate governance advisory group
Published Thu, Jan 29, 2026 · 09:36 AM AUSTRALIA’S ASX appointed seven members to its newly constituted advisory group on corporate governance on Thursday, in line with the independent review…
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Ringgit owes its surge to forces well beyond US dollar’s weakness
Published Thu, Jan 29, 2026 · 09:23 AM [SINGAPORE] The Malaysian ringgit’s relentless rally is being driven by a range of structural factors beyond the US dollar’s broad weakness, suggesting…
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Goldman Sachs cuts rating on Indonesian equities after MSCI flags investability risk
Published Thu, Jan 29, 2026 · 08:59 AM [SINGAPORE] Goldman Sachs lowered its rating on Indonesian equities on Thursday, a day after index provider MSCI flagged investability risks, predicting passive…
