Lifestyle
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
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 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 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
[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 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$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$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...