Sector
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Five Things To Know About Nigeria’s Oil Sector
Africa’s biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent’s largest…
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UOB, BOS among banks with rising clients’ alternative asset investments as Asia’s rich take shine to sector
[SINGAPORE] More of Asia’s richest are viewing private-market investments as a core part of their portfolios, say senior private bankers. With allocations ranging from the single digits up to 15…
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Geely profit beats estimates amid reshuffle, sector scrutiny
[HONG KONG] Geely Automobile Holdings’ first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider Chinese auto industry faces regulatory scrutiny over…
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South Korea to announce plan to restructure petrochemical sector facing ‘grave’ situation
[SEOUL] South Korea’s government will announce a plan this month to restructure the country’s petrochemical sector, which is in a “grave” situation, Industry Minister Kim Jung Kwan said on Thursday.…
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Swiss Gold Refining Sector Hits US Tariff Mine
The first casualty of the imposition of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining after it emerged certain gold bars would face…
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Tata Consultancy Services layoffs herald AI shakeup of US$283 billion outsourcing sector
[BENGALURU] Indian outsourcing giant Tata Consultancy Services’ (TCS) decision to cut over 12,000 jobs signals the start of a broader AI-fuelled trend that could end up eliminating around half a…
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Apac logistics sector sees dampened near-term outlook but long-term growth plans unfazed: CBRE
[SINGAPORE] Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, CBRE survey on Monday (Aug 4) indicated. The 2025 Asia-Pacific Logistics Occupier Survey found that…
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As Binance stays and Tokenize leaves, Singapore’s crypto sector is seeing change
[SINGAPORE] Tokenize Xchange said on Sunday (Jul 20) that it will exit Singapore after failing to secure a Major Payment Institution (MPI) licence, typically necessary for digital token service providers…
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JPMorgan raises STI target, upgrades real estate sector
[SINGAPORE] Analysts from JPMorgan raised their target on the Straits Times Index (STI), with a higher base and bull target of 4,500 and 5,000, respectively. They also reiterated that Singapore’s…
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With IPO in the bag, Sheffield Green plots training and listing spinoff for wind energy sector
[SINGAPORE] Getting its training centres off the ground took time and resources, but Sheffield Green is going all in on what it calls a “new product line”, with five to…
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Cyber Espionage Surge Hits Taiwan’s Semiconductor Sector, Analysts Warn
Chinese-linked hacking groups have escalated targeted cyber espionage efforts against Taiwan’s semiconductor companies and financial analysts, according to cybersecurity firm Proofpoint. The attacks, mostly between March and June, were conducted…
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China vows to address ‘irrational competition’ in EV sector
[BEIJING] China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to tackle deflationary price wars threatening economic and industrial growth. The vow…
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Three Singapore gencos to study carbon capture and storage to decarbonise power sector
The studies will allow EMA and the industry to identify infrastructure and site-specific requirements [SINGAPORE] Three power generation companies (gencos) in Singapore will be conducting site-specific carbon capture and storage…
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Industrials take sector lead in 2025 net institutional inflow
Over the five trading sessions from Jul 4 to 10, institutions were net buyers of Singapore stocks, with net institutional inflow of S$94 million adding to the S$184 million net…
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Chinese property shares surge on unverified reports of meeting to revive sector
[BEIJING] A gauge of Chinese property shares jumped the most in nearly nine months, fuelled by speculation a high-level meeting will be held next week to help revive the struggling…
