Newsfeed – Business News
China prioritises managing housing debt defaults
China will adopt a multi-pronged strategy to stabilise the property market this year, with a focus on preventing debt default risks through whitelist financing mechanisms, promoting quality home construction and […]
Indonesia’s local airfares soar due to transit flights
The Transportation Ministry has pointed to transit flights as a major reason behind persisting high prices for domestic flights, despite the government’s fare discount stimulus ahead of this year’s concurrent […]
ART ratification delayed as Washington opens probe
Ratifying the Agreement on Reciprocal Trade (ART) with the United States is not on the near-term agenda, a government spokesman says, as Indonesia is prioritising countering the new Section 301 […]
Tencent to double AI spending after 13% growth
Tencent Holdings Ltd plans to at least double investments in artificial intelligence (AI) to more than 36 billion yuan in 2026, underscoring a big bet on OpenClaw-style agents to seize […]
Digital asset market attracts major players
Vietnam’s first digital asset market is witnessing an unprecedented influx of large-scale financial alliances, as leading corporations and financial ecosystems position themselves for a foothold in what is shaping up […]
Philippine wealth fund favours physical assets
The Philippines’ sovereign wealth fund says investing in physical assets like metals makes increasing sense against the backdrop of a war in Iran that’s playing havoc with the nation’s fuel […]
Value-accretive landbank can spur IOIPG’s profit
IOI Properties Group Bhd’s (IOIPG) current active land-monetisation exercise is seen as a positive catalyst for the group to unlock the value of its landbank and provide meaningful earnings visibility […]
Paramount’s latest land acquisition a positive
Analysts are mostly constructive about Paramount Corp Bhd’s latest acquisition of a strategic freehold landbank in Jalan Ampang, Kuala Lumpur given its close proximity to the group’s previously successful property […]
Lynas’ first batch of samarium ups rare earth clout
Lynas Rare Earths Ltd has started producing samarium – a metal used across advanced industries – at its plant in Malaysia, bolstering the company’s standing as an alternative to China […]
Wall St set to open lower as soaring oil prices, Fed caution rattle investors
Wall Street’s main indexes were set to open lower on Thursday as crude prices soared on intensifying Middle East hostilities, reviving inflation worries that have prompted the Federal Reserve to […]