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China’s power reforms, global data centre buildout usher in battery boom
China’s power reforms, global data centre buildout usher in battery boom
[BEIJING] A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that...
AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders
AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders
The technology sector remains the cornerstone of Schroders’ bullish thesis for the region[SINGAPORE] In 2025, US fiscal and geopolitical headwinds prompted investors to redeploy capital towards the East.Petr Kocourek,...
Seatrium, Maersk resolve contract dispute with giant line to pay US0 million upon vessel delivery
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
[SINGAPORE] Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the latter to pay the balance of the contract...
Record US0 billion deals boom fuels upbeat M&A outlook in Japan
Record US$350 billion deals boom fuels upbeat M&A outlook in Japan
Corporate governance reforms aimed at improving shareholder returns are helping to transform the country into a hive of activityIT HAS been a record year for deals involving Japanese companies,...
Morgan Stanley seen as front-runner for SpaceX IPO: sources
Morgan Stanley seen as front-runner for SpaceX IPO: sources
[NEW YORK] Morgan Stanley is emerging as a leading contender for a key role in SpaceX’s blockbuster initial public offering (IPO), as the bank’s close ties to CEO Elon...
Elon Musk becomes first person worth US0 billion following pay package ruling
Elon Musk becomes first person worth US$700 billion following pay package ruling
TESLA CEO Elon Musk’s net worth surged to US$749 billion late Friday (Dec 19) ‍after ​the Delaware Supreme Court reinstated Tesla ‍stock options worth US$139 billion that were voided...
10 S-Reits garner over S billion in total retail net inflows in 2025
10 S-Reits garner over S$1 billion in total retail net inflows in 2025
Including dividends, total returns for the STI and S-Reits reached 26.7% and 14.4%, respectively[SINGAPORE] With seven trading days remaining in 2025, the Straits Times Index (STI) has delivered a...
Musk wins US court appeal of US billion Tesla pay package
Musk wins US court appeal of US$56 billion Tesla pay package
A DELEWARE appeals court cleared the way Friday for tech CEO Elon Musk to receive a long-contested US$56 billion Tesla pay package, reversing an earlier judgment in the long-running...
TikTok owner ByteDance on track for US billion profit in 2025
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new...
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
RESURGENT artificial intelligence shares lifted the Nasdaq on Friday for a second straight session while the yen retreated despite a Bank of Japan interest rate hike.The tech-forward Nasdaq piled...