Asia
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Samsung Electronics expands beyond consumers to B2B in South-east Asia
The company’s offerings are gaining traction in sectors such as education and hospitality [SINGAPORE] South-east Asia’s digitalisation represents an opportunity for Samsung Electronics to expand into the business-to-business (B2B) market,…
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mm2 Asia gets 90-day extension to hold AGM; deadline is Jan 27
[SINGAPORE] Entertainment company mm2 Asia has obtained approval from the Accounting and Corporate Regulatory Authority (Acra) for an extension of time to hold its annual general meeting by Jan 27,…
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Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
[SINGAPORE] Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange business in Asia. Nicky Lam, formerly of Nomura in Singapore, has…
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Brookfield builds decarbonisation platform in South-east Asia
This marks its first renewables investments in the Philippines, Vietnam and Thailand [SINGAPORE] Brookfield Asset Management has made its first renewables investments in the Philippines, Vietnam and Thailand as it…
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Barclays sees surge in Africa, Asia cross-border deal flows
The Middle East, India and Singapore are doing more transactions in the region, and this will likely increase in 2026 [JOHANNESBURG] Barclays has a strong pipeline of deals across its…
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Asia: Markets advance as odds for another Fed rate cut grow
Tech firms have enjoyed a revival after suffering a period of selling in recent weeks [HONG KONG] Asian investors on Tuesday (Nov 25) welcomed more dovish comments from US Federal…
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China’s AI promise lures top Asia fund away from South Korea, Taiwan
Investments by leading Chinese cloud services providers are expected to rise 20% next year A TOP-PERFORMING Asian money manager is boosting exposure to artificial-intelligence (AI) stocks in China while retreating…
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Asia: Stocks rise as US rate hopes soothe nerves after torrid week
ASIAN markets mostly rose on Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride fuelled by worries of a tech bubble.…
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Stocks to watch: Jardine Matheson, Mandarin Oriental, BRC Asia, Lum Chang Creations
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 24): Jardine Matheson : The Hong Kong-based conglomerate said in a bourse filing…
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BRC Asia H2 profit falls 5% to S$52.2 million
[SINGAPORE] Steel solutions provider BRC Asia reported a 5 per cent decrease in net profit for the second half of the year to S$52.2 million, from S$55 million in the…
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Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore [SINGAPORE] DWS Group, an asset management arm of Deutsche Bank, has dismissed its…
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Asia tech rout resumes as stocks slide on AI valuation fears
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence (AI)-related valuations. South Korea’s Kospi index fell 3.8 per cent on Friday (Nov…
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STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng fall more than 2%
[SINGAPORE] Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an artificial intelligence bubble, but dropped again on…
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STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
[SINGAPORE] Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after markets tumbled earlier this week on fears…
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UBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia
[SINGAPORE] UBS has appointed corporate heavyweight Kwa Chong Seng as chairman for Singapore and South-east Asia, beginning from Dec 1. In this newly created role, Kwa will report directly to…
