Lifestyle
Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels[OSLO] Danish shipping company Maersk will return to sailing...
CapitaLand India Trust wins second hyperscaler agreement for data-centre development
The facility has a gross power capacity of 55 MW and is set to be completed by Q4 2026[SINGAPORE] The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Jan...
Keppel bags 720 MW power bank for AI data centre campus near Melbourne
The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity[SINGAPORE] Asset manager Keppel on Thursday (Jan 15) announced that it has secured a 720...
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances[BEIJING] China’s central bank will lower interest rates on its structural monetary policy tools by...
Lucid set to start manufacturing cars in Saudi Arabia in 2026
The company has also struggled more broadly with profitability and production challenges[RIYADH] Lucid Group is on track with plans to start producing cars in Saudi Arabia as it looks...
China brokers rebuild ranks, raise pay on dealmaking return
CHINA’S biggest securities firms are back on the offensive after taking a battering over the past few years.Investment banking divisions of major brokerages, including Citic Securities, Huatai Securities and...
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar[SINGAPORE] First Sponsor expects to post a net loss for...
Baidu is said to explore upgrading HK listing to primary status
This will help it qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong[HONG KONG] Baidu is considering upgrading its Hong Kong listing to primary...
Bank of America profit climbs as trading surges in volatile markets
[NEW YORK] Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets.Softening...
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
Group’s undervalued share price is unwarranted given its rare landed housing landbank[SINGAPORE] Many affluent Singaporeans aspire to live in private landed homes, the purchase of which is generally restricted...