<div class=newsTextDataWrapInner>SINGAPORE (March 1): Cosco Shipping has reported FY20 earnings of S$8.3 million, from S$7.4 million in the FY19.</div>

<div class=newsTextDataWrapInner>Group sales revenue for the full-year ended December stood 8% y-o-y higher at S$185.8 million, mainly due to the inclusion of revenue from the newly-acquired subsidiaries in Malaysia, and revenue from the chartered in of bulk carriers.</div>

<div class=newsTextDataWrapInner>The higher revenue was also due to higher revenue contribution from<a href="https://www.theedgesingapore.com/capital/results/cosco-shipping-posts-13-higher-fy20-earnings-83-mil" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (March 1): Cosco Shipping has reported FY20 earnings of S$8.3 million, from S$7.4 million in the FY19.

Group sales revenue for the full-year ended December stood 8% y-o-y higher at S$185.8 million, mainly due to the inclusion of revenue from the newly-acquired subsidiaries in Malaysia, and revenue from the chartered in of bulk carriers.

Cosco Shipping posts 13% higher FY20 earnings of S$8.3 mil

Japan's annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed on Thursday, highlighting persistent price pressures that may prod the central bank to raise interest rates next week.

Japan wholesale inflation steady near 4%, BOJ eyes rate hike next week

European Union companies could become more competitive against their US and Chinese rivals if they paid less for energy — a goal governments could achieve by cooperating to invest and to integrate the EU's fragmented energy market, the IMF said.

EU can stand up to US, China with integrated energy market, IMF states

Thailand aims to introduce a new carbon credits market this year as Southeast Asia’s second-largest economy seeks to address weak demand and low prices.

The Stock Exchange of Thailand would operate the new platform, said Pornanong Budsaratragoon, secretary-general of the nation’s Securities and Exchange Commission, which is working on the proposals.

Thailand to launch new carbon credits market to boost trading

(Jan 16): Singapore and the US have pledged to boost collaboration on civil nuclear issues, a step forward for the gas-dependent city-state, as it looks to develop its nuclear power technology.

Singapore, US sign pledge on civil nuclear cooperation

The Indonesian rupiah stayed near six-month lows on Thursday, while the South Korean won snapped a three-day winning streak after both countries' central banks shocked investors by eschewing widely anticipated interest rate calls.

Indonesian rupiah, Korean won hit by surprise central bank rate calls

Taiwan will dispatch its navy if needed to help the coast guard respond to any suspicious activity near undersea communication cables, Defence Minister Wellington Koo said on Thursday, after a Chinese-linked ship was suspected of damaging one.

Taiwan navy to protect sea cables if needed, says defence minister 

(Jan 16): Singapore and Thailand have moved to block prediction markets platform Polymarket, adding to the regulatory hurdles facing the venue that surged in popularity during the US election.

Singapore, Thailand move to block crypto betting site Polymarket

Germany is becoming an outlier for corporate distress in Europe as its export-driven economy battles against faltering global demand and persistent price pressures.

Germany’s distress levels to rise as pain subsides in Europe

Stocks rose on Thursday and the dollar softened as easing core US inflation kept potential rate cuts by the Federal Reserve on the table, while the yen hit a one-month high on growing expectations the Bank of Japan could raise rates next week.

Stocks up with US rate cuts back in view; yen at one-month high

The construction sector is expected to see another decent year in 2025, after domestic contract awards hit a new record last year, according to Hong Leong Investment Bank (HLIB) Research.

Construction to see another decent year after record domestic contracts in 2024 — HLIB

The High Court on Thursday approved a pension increase for retirees, based on their final salary according to the 2016 Public Services Department circular, effective January 2022.

High Court rules in favour of pensioners, govt ordered to pay arrears within three months

Malaysian construction stocks fell sharply on Thursday for the sixth straight day amid concerns over data centres being built as the US further tightens restrictions on advanced semiconductor exports.

Construction stocks extend decline sharply as SunCon falls over 10%

KUALA LUMPUR (Jan 16): Data-centre proxy stocks on Bursa Malaysia have fallen sharply since the beginning of the year, due to US export restrictions on artificial intelligence (AI) chips, but analysts caution against buying the dip too soon.

Data-centre proxy stocks decline; experts warn against early bottom fishing

WASHINGTON/SINGAPORE (Jan 15): The Biden administration added more than two dozen Chinese entities to a US&nbsp;restricted trade list on Wednesday, including Zhipu&nbsp;AI, a&nbsp;developer&nbsp;of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence (AI) processor.

US blacklists Chinese companies over TSMC chips in Huawei processor

Investment management firm Vertical Theme Sdn Bhd is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia Bhd (KL:ABMB), according to people familiar with the development.

Alliance Bank’s top shareholder Vertical Theme mulling sale to DBS, Bloomberg reports

CBH Engineering Holding Bhd (KL:CBHB) rose 18% on Thursday in Bursa Malaysia’s ACE Market trading debut, following robust demand during the engineering services firm’s initial public offering (IPO).

CBH Engineering rises 18% in ACE Market trading debut

Eastern &amp; Oriental Bhd (KL:E&amp;O), Malaysia’s premier lifestyle developer, has launched Maris, a RM700 million waterfront residence located in the Gurney Green district on Andaman Island, Penang.

E&O unveils RM700m Maris waterfront development in Penang

KUALA LUMPUR (Jan 16): Malaysia’s tourism industry upcycle has started ahead of Visit Malaysia Year 2026, and could bolster share prices of related companies in the next two years, said Maybank Investment Bank (Maybank IB).

Malaysia’s tourism upcycle has begun, some related stocks could gain — Maybank IB

Malaysian Prime Minister Datuk Seri Anwar Ibrahim officially inaugurated YTL Brabazon New Town in Bristol, a development poised to become the most sustainable new town in the UK.

Anwar launches UK’s most sustainable new town in Bristol by YTL

Nate Anderson, the short seller who made his name with campaigns targeting billionaires Gautam Adani, Jack Dorsey and Carl Icahn, said he’s disbanding his small but renowned firm, Hindenburg Research.&nbsp;

Short seller Nate Anderson says he’s disbanding Hindenburg

Former prime minister Tan Sri Muhyiddin Yassin will have all of his Jana Wibawa charges tried in one court instead of two separate courts.

Muhyiddin’s seven Jana Wibawa charges to be heard in one court

Despite incoming US President Donald Trump's pledge to impose sweeping 60% tariffs on all Chinese imports, the implementation is likely to be far less drastic, according to Affin Bank’s chief economist Alan Tan Chew Leong. &nbsp;

Impact of Trump's proposed tariffs on Chinese imports likely to be less severe than feared for region — Affin Bank

Stocks rose on Thursday and the dollar softened as easing core US inflation kept potential rate cuts by the Federal Reserve on the table, while the yen hit a one-month high on growing expectations the Bank of Japan could raise rates next week.

The government has announced enhancements to the Corporate Renewable Energy Supply Scheme (CRESS), opening third-party electricity grid access to existing power consumers and maintaining system access charges (SAC) at current rates for three years.

Grid third-party access open to existing power consumers, wheeling charges maintained until 2027 — Energy Ministry

Petroliam Nasional Bhd (Petronas) appears to have retained the lucrative natural gas exports business, while Sarawak will control the domestic gas aggregation in the state, Kenanga Investment Bank said.

Petronas' spending cuts likely less than feared as S'wak gas exports business intact, says Kenanga as O&G services stocks rally

Former prime minister Datuk Seri Najib Razak said that he wished former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Mohd Bakke Salleh had seen him in person before his resignation from the strategic development firm.

1MDB-Tanore: Najib regrets Bakke didn't meet him personally before resignation

Former prime minister Datuk Seri Najib Razak said that he was using Low Taek Jho (Jho Low)&nbsp;for his international connections, and denied that the now-fugitive was carrying out his bidding&nbsp;to misappropriate funds from troubled 1Malaysia Development Bhd (1MDB).

Najib says he was using Jho Low's international connections, not to misappropriate 1MDB funds

Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinforcing bets the Federal Reserve is on track to keep cutting rates this year.

Equities erased their losses for 2025, with the S&amp;P 500 up about 2% in its biggest gain since the&nbsp;aftermath of the US election.

Wall Street has best CPI day since at least 2023

Regional airline SKS Airways Sdn Bhd, recently renamed True Air Sdn Bhd, has announced that it will discontinue its operations — the second homegrown airline to have ceased operations post the Covid-19 pandemic. Budget carrier MYAirline Sdn Bhd had suspended its operations in October 2023 due to financial pressures.