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Asian markets opened on a positive note on Monday, November 10, 2025, tracking gains across major regional indices. Japan’s Nikkei 225 Index advanced 1.05% to...
Under the new regulations, traders and importers are required to provide more detailed documentation and declarations for their shipments. The stricter requirements aim to improve transparency in the supply chain, reduce the risk of smuggling, and prevent the entry of prohibited items.
Gupta's impact is evident in DBS’s performance metrics. Under his leadership, the bank’s stock price surged from approximately $12 in 2009 to around $34 today, outpacing local rivals and major financial indices. Despite facing occasional technological setbacks and regulatory issues, Gupta's approach to banking has been widely praised for enhancing DBS’s reputation and financial standing.
Yangzijiang Shipbuilding reported a robust 77% increase in profit for the six months ending June 30, reaching 3.1 billion yuan (S$572 million). Revenue for the period also saw a substantial rise of 15%, totaling 13 billion yuan. The company's strong performance was underpinned by a record-high order backlog, which DBS Bank analyst Ho Pei Hwa cites as a key factor for sustained earnings visibility through 2026. Hwa’s research note highlights the shipbuilder’s strategic shift towards cleaner vessel technologies, such as dual-fuel container ships and gas carriers, which now make up approximately 70% of its order book. This pivot is expected to attract further interest from Environmental, Social, and Governance (ESG) funds,
Shimao Group’s shares closed over 6% higher on Thursday, despite the adjournment of a winding-up petition hearing to December 16. The petition, filed by China Construction Bank (Asia) for HK$1.58 billion in debts, reflects ongoing financial challenges for the property developer and its efforts to address these issues.
PM Wong highlighted that these initiatives form part of a broader strategy to address the economic impact of ongoing uncertainties and support Singaporeans through challenging periods. The expanded support package reflects an understanding of the evolving nature of employment and its repercussions on families, particularly in the context of recent economic disruptions and global uncertainties.
The STI’s positive movement can be attributed to several factors, including robust corporate earnings reports from key local companies and favorable economic data that have buoyed investor sentiment. Notably, shares in Singapore's major financial and real estate sectors saw gains, contributing to the overall increase in the STI. Analysts point to strong performance in these sectors as a critical driver of the index's upward movement.
The new factory, located in Malaysia’s industrial hub, is set to become a major center for advanced semiconductor production. It represents one of the largest investments in the region’s tech infrastructure and highlights Malaysia's strategic positioning in the global semiconductor market. This development not only enhances Malaysia's status as a key player in the electronics sector but also intensifies the competitive landscape for neighboring countries like Singapore, which has long been a dominant force in semiconductor manufacturing and technology.
This execution follows the recent death of another prisoner, Ravi Kumar, who was executed on Sunday for similar charges.
Shanghai Fosun Pharmaceutical has approved the repurchase and cancellation of over 1 million restricted shares for approximately 22.8 million yuan. The move will reduce the company's issued share capital to 2,671,326,465 shares and its registered capital by 1.1 million yuan.
Minister of State for Culture, Community and Youth, Alvin Tan, highlighted NTUC’s longstanding dedication to its social mission, underscoring its efforts since its establishment in 1970 to support workers and families through various initiatives.
Mainland Headwear Holdings’ subsidiary sharp assets is set to acquire a 55% stake in Dutch design company difuzed for €5 million.
Shares of New Oriental Education & Technology surged nearly 11% following the announcement of the expanded $700 million share repurchase program. The new mandate allows for the buyback of additional shares until May 2025.
The STI, which tracks the performance of Singapore's top companies, closed sharply lower, driven by investor concerns over the implications of possible changes in U.S. monetary policy. The recent sell-off comes amidst growing discussions in financial circles about whether the Federal Reserve will implement rate cuts to address economic slowdowns and inflationary pressures in the United States.
The breach came to light when numerous schools reported that students were suddenly unable to access applications and stored information on their devices.
The affected areas include the Helix Bridge, Esplanade Bridge, Merlion Park, and Bayfront Avenue. Authorities announced the closures early Saturday afternoon as crowds began to swell, with thousands of spectators gathering to catch a glimpse of the NDP preview.