Business
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Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer [SINGAPORE] Shares of Nam Cheong rose S$0.10 or 9.3 per cent in intraday trading to hit S$1.18 at…
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Indonesia’s captive power plants putting energy transition at risk, researchers say
Published Tue, Jan 27, 2026 · 10:37 AM [JAKARTA] Efforts to decarbonise Indonesia’s power sector have been put at risk by a faster than expected increase in the number of…
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UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
[SINGAPORE] The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said UOB Kay Hian (UOBKH). The STI…
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Apollo took loss on zeroed out asset-backed loan deemed safe
Other investors have lost hundreds of millions of US dollars in recent years betting on e-commerce aggregators [LOS ANGELES] Apollo Global Management took a loss on a portion of a…
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STI breaks 4,900 amid expectations for Fed to hold rates steady
[SINGAPORE] The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) morning and crossed the 4,900 threshold for the first time. The benchmark index hit a historic record…
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US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation [SINGAPORE] The US dollar still dominates global trade, but the use of the Chinese renminbi (RMB) has…
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UOL rises 6.7% after JPMorgan target price upgrade
[SINGAPORE] Shares of UOL Group climbed on Tuesday (Jan 27) morning after JPMorgan raised its target price for the property developer on the back of strong tailwinds. The stock jumped…
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UOL up 8% at highest price in two decades after JPMorgan target price upgrade
[SINGAPORE] Shares of UOL Group climbed to their highest price in around two decades on Tuesday (Jan 27) morning, after JPMorgan raised its target price for the property developer on…
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Starbucks reports CEO Brian Niccol earned US$31 million in 2025
Published Tue, Jan 27, 2026 · 09:21 AM [NEW YORK] Starbucks chief executive officer Brian Niccol total compensation was US$31 million in fiscal 2025, a decline from the previous year…
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VinFast teams up with Autobrains to develop low-cost self-driving tech
Published Tue, Jan 27, 2026 · 09:01 AM [BENGALURU] VinFast has partnered with artificial intelligence (AI) firm Autobrains to develop advanced autonomous driving technology, including a low-cost “Robo-car” system, the…
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China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market Published Tue, Jan 27, 2026 · 08:56 AM [BEIJING] China’s biggest sportswear brand…
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Tether says it bought 27 tonnes of gold in fourth quarter
Published Tue, Jan 27, 2026 · 08:49 AM [LONDON] Tether, issuer of the world’s largest stablecoin, added about 27 tonnes of gold to its fund exposure in the fourth quarter…
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Stocks to watch: ST Engineering, MLT, KIT, OUE Reit, Low Keng Huat
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 27): ST Engineering : The company on Monday announced that its Land Systems…
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Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave
The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris Published Tue, Jan 27, 2026 · 08:32 AM [NEW…
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Aramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive Published Tue, Jan 27, 2026 · 08:15 AM [DUBAI] Saudi Aramco priced a…
