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South Korean stocks rise to enter bull market, bonds sink after presidential election outcome
South Korean stocks rise to enter bull market, bonds sink after presidential election outcome
[SEOUL] South Korea’s equity benchmark climbed to enter a bull market, after Lee Jae-myung’s widely-expected win in the presidential election ended a months-long political leadership vacuum. The Kospi Index...
Sias calls for Singapore Paincare shareholders to await IFA opinion on privatisation offer
Sias calls for Singapore Paincare shareholders to await IFA opinion on privatisation offer
[SINGAPORE] The Securities Investors Association (Singapore), or Sias, is urging minority shareholders of Singapore Paincare to hold off on selling their shares amid the proposed privatisation deal. In a...
Petronas is said to weigh sale of US billion Canada business
Petronas is said to weigh sale of US$7 billion Canada business
Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will start taking place...
Asia: Stocks track Wall Street up after jobs data, Seoul surges on Lee win
Asia: Stocks track Wall Street up after jobs data, Seoul surges on Lee win
[HONG KONG] Asian shares extended a global rise on Wednesday following data indicating the US economy remained resilient, with South Korean equities and the won standing out as the...
Japan’s top banks said to mull joint ATM operation to cut costs
Japan’s top banks said to mull joint ATM operation to cut costs
Published Wed, Jun 4, 2025 · 11:29 AM[TOKYO] MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources...
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
[SINGAPORE] The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to 435.4 million new units to raise...
Global funds weigh whether Indonesia market rebound was too fast
Global funds weigh whether Indonesia market rebound was too fast
[JAKARTA] Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last.RBC BlueBay says any inflows into Indonesian bonds will...
Japfa to delist from SGX on June 6
Japfa to delist from SGX on June 6
The agri-food company said privatisation would provide the offerors and management with greater flexibility to manage and grow the existing business [SINGAPORE] The agri-food company Japfa will be delisted...
Stocks to watch: CapitaLand Investment, Nio, Japfa, Stoneweg E-Reit, Grand Venture, Frencken
Stocks to watch: CapitaLand Investment, Nio, Japfa, Stoneweg E-Reit, Grand Venture, Frencken
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 4).CapitaLand Investment (CLI): The manger of CapitaLand Malaysia Trust (CLMT), a CLI...
Global alarms rise as China’s critical mineral export ban takes hold
Global alarms rise as China’s critical mineral export ban takes hold
[WASHINGTON] Alarm over China’s stranglehold on critical minerals grew on Tuesday (Jun 3) as global automakers joined their US counterparts to complain that restrictions by China on exports of...