Managing director of Low Keng Huat offers to take company private at 72 cents per share

Leong Guan Holdings to raise $4.7 mil via IPO placement of 20.65 mil shares at 23 cents each

Marco Polo Marine’s FY2025 earnings up 169.7% y-o-y on one-off gains and higher chartering income

Seatrium files notice of arbitration over US$475 million contract in dispute with Maersk

Advansory Investment controls 87.17% of Olive Tree Estates following close of 12 cents per share offer

Addvalue Technologies chalks up more orders worth US$2.8 million

OxPay receives in-principle approval to provide money services in Bhutanese city

Micron to invest US$9.6b in Japan memory chip plant — Nikkei

Meituan records first loss since 2022 after price war toll

Centurion Corp acquires 25% stake in 472-bed PBSA development in Perth for $5.1 mil

CHINA VANKE (02202.HK) intended to extend the maturity of a RMB2 billion medium-term note that is about to expire, Citi Research issued a research report saying. This marks CHINA VANKE’s first attempt to seek extension of the maturity of an open-market bond.

Citi Research believed that, while CHINA VANKE’s bond extension is unexpected, it is somewhat inevitable. The broker also believed that this move will negatively impact industry confidence and home price expectations in the short term, but the medium- to long-term effects may be limited. Furthermore, this action may exert slight pressure on banks.

CLSA flags risk of new cooling measures

Singapore home prices rose 2.7% in the first nine months of the year, with sales on track to hit up to 11,000 units, CLSA says. Low mortgage rates—around 1.5%—are driving demand, with locals making up 98% of buyers.

CLSA warns the government may tighten property curbs if prices climb further, potentially cutting loan-to-value limits by five percentage points and lowering the total debt servicing ratio to 50%.

Wingtech Challenges Dutch Ruling in Escalating Nexperia Battle

China’s Wingtech Technology has appealed to the Dutch Supreme Court to regain control of chipmaker Nexperia, arguing that a Dutch court improperly handed most voting rights to a trustee and suspended Wingtech’s founder as CEO. The company claims the Dutch government and Nexperia’s management influenced the process and that it was denied due process.

The dispute erupted after the Netherlands invoked national-security powers over concerns Wingtech was moving sensitive technology out of Europe, prompting China to impose export curbs that disrupted global chip supplies and forced automakers such as Honda and Volkswagen to slow production.

Despite a recent truce that eased some shortages, Wingtech’s appeal suggests the conflict—and internal tensions at Nexperia—remains far from resolved.

US data and Fed uncertainty dominate the week ahead

A heavy slate of US economic reports—including consumer spending, ADP jobs data and ISM surveys—will guide expectations for whether the Federal Reserve extends its rate-cut cycle heading into 2026. Policymakers will review delayed inflation readings ahead of the Dec. 9–10 meeting, though Chair Jerome Powell is now in the pre-meeting blackout period. Markets are also watching for a potential announcement on a new Fed chair after White House adviser Kevin Hassett signaled a decision could come soon.

Traders continue to price in another rate cut next month, encouraged by recent dovish comments from New York Fed President John Williams.

In Asia, China’s factory sector remained in contraction in November, while investors await remarks from Bank of Japan Governor Kazuo Ueda for clues on a possible December hike.

Meanwhile, global supply chains face renewed strain as Wingtech appeals a Dutch court ruling that stripped it of control over chipmaker Nexperia. The long-running dispute—rooted in security concerns and China’s retaliatory export curbs—has disrupted automakers and shows little sign of resolution despite a recent political truce.

Stock Futures Steady as Wall Street Enters December With Momentum

US stock futures were little changed Sunday night, following a strong week that helped set up a solid finish to 2025. Dow futures slipped about 18 points, while S&P 500 and Nasdaq-100 futures hovered near the flatline.

The calm start comes after a sharp rebound last week, when the S&P 500 surged 3.7%, the Nasdaq jumped 4.9% and the Dow gained 3.2%. Seasonal trends may also lend support: December has historically been one of the market’s strongest months, with the S&P 500 averaging a gain of more than 1% since 1950.

Still, November was choppy. The S&P 500 and Dow ended the month flat, while the Nasdaq snapped a seven-month streak with a 1.5% decline amid pressure on artificial intelligence stocks. Analysts say last week’s rally improved market breadth and boosted confidence as expectations grow for a potential December Fed rate cut.

Futures reopened slightly positive later in the evening, with Dow contracts up 31 points and broader indices again holding steady.

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