Business
Foreigners Bought Seoul After a Selling Streak — So Why Did Retail Dump ₩3.59T?
KOSPI closed +2.66% at 6,894.23 as foreigners and institutions bought — but retail offloaded a net ₩3.59 trillion on Friday’s Seoul close.
Tag: BUSINESS
Business
TMK Is Paying RM939.9Mil for CCM — So Why Is 1Q2027 Still the Real Gate?
TMK Chemical Bhd sealed a conditional SPA to buy Chemical Company of Malaysia Bhd for RM939.9mil in cash and shares — with completion still aimed at 1Q2027, subject to approvals.
Business
Multi-Chem Plunged 38.7% — So Why Are Passports Still With CPIB?
Mainboard IT distributor Multi-Chem closed 38.7% lower at S$2.66 on Friday after CPIB interviewed its CEO and COO, with two executive directors asked to post bail and surrender passports and phones.
Business
STI Barely Moved — So Why Did DFI Retail Still Crash 8.5%?
Singapore’s STI slipped just 0.08% to 5,656.11 on Friday, but STI constituent DFI Retail Group plunged 8.5% to US$3.12 while Hongkong Land led gainers and the three local banks finished mixed.
Business
Suahasil Kept the 2.85% Deficit — So Why Are Markets Still Watching Jakarta?
Indonesia’s new finance minister held the 2026 deficit outlook at 2.85% of GDP in his first briefing, but the third MoF in under two years still has to prove fiscal rules and state-bank cash placements will stay predictable.
Business
Asia’s Chip Rally Skipped Manila — So Why Did the PSEi Sink to a 14-Week Low?
While Korea and Taiwan chip gauges jumped Friday, the Philippine Stock Exchange Index fell 1.72% to 5,855.91 — a fourteen-week low — as the peso slipped past ₱62.74 and traders priced in next week’s fuel hikes.
Business
Lee Put $350B US Investment on Hold — So Why Is “Commercial Reasonableness” the Blocker?
President Lee Jae Myung said Seoul and Washington are still renegotiating parts of South Korea’s $350 billion US investment package after “commercial reasonableness” clauses on returns, recovery, and loss-sharing stalled a first-project unveil.
Business
Grab Locked 60% of Atome for $1.49B — So Why Is Close Still a 2027 Story?
Singapore-listed Grab will pay US$1.49 billion in cash for a controlling stake in Atome Financial across five ASEAN markets — but Phase 1 is not due until Q3 2027, and the remaining 40% rides a $2.0–$4.5 billion valuation band.
Business
Vanguard Eyes $2.5B in Vietnam — So Why Is FTSE Still the Real Catalyst?
Duncan Burns said Vanguard plans to lift Vietnam holdings to about $2.5 billion from $1.5 billion as FTSE’s secondary emerging upgrade starts — with SSI pegging first-tranche passive buys near $240 million.
Business
TRX and Labuan Just Linked Malaysia’s Two IFCs — So Why Isn’t Listing in KL Enough?
Labuan IBFC Inc. and TRX City signed a “1 Ecosystem, 2 IFCs” MoU in Kuala Lumpur — joint market development, research, and investment facilitation between Tun Razak Exchange and Labuan’s cross-border financial centre.