Culture
Straits Trading launches senior-living programme in Singapore, Malaysia
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on…
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Culture
Culture
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s…
Culture
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment,…
Culture
Mandatory offer for Alpha Integrated Reit at S$0.48 each following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment,…
Culture
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is…
Culture
Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI):…
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Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and…
Culture
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking…
Culture
Electronic Arts shareholders approve US$55 billion sale to Saudis
ELECTRONICS Arts shareholders approved the US$55 billion sale of the company, a leading video-game publisher, in a deal led by Saudi…
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Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
TANKER loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following US action against…
Culture
US bars approvals of new models of DJI, all other foreign drones
The move is a significant escalation in Washington’s battles to crack down on Chinese drones in recent years The Federal Communications…
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US freezes five big offshore wind projects, shares dive
THE Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the US East…
Culture
US stocks push higher while gold, silver notch fresh records
WALL Street stocks pushed higher on Monday to begin a holiday-shortened trading week, while oil prices rallied amid worsening tensions…
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Oil settles higher on risk of disruptions to Venezuela, Russia supply
Oil prices settled higher on Monday after the US Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day…
Culture
European shares muted at start of holiday-shortened week
EUROPEAN shares were little changed on Monday, with beverage stocks weighing on the index, as investors navigated a holiday-shortened week…
Culture
Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans Telefonica will book a cost of 2.5 billion euros…
Culture
JPMorgan is exploring crypto trading for institutional clients
It is the latest sign of banks warming up to digital assets, and considering it less as a fringe investment JPMorgan Chase is considering…
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Wall Street climbs as tech rebound gathers momentum
US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound…
Culture
Larry Ellison offers US$40.4 billion guarantee to beef up Paramount's Warner Bros bid
Oracle co-founder Larry Ellison has stepped in to personally guarantee US$40.4 billion in Paramount Skydance’s latest effort to pry Warner…
Culture
Ever Glory United to move to SGX mainboard on Dec 29; public offer 7.6 times subscribed
Catalist-listed engineering services provider Ever Glory United will transfer to the mainboard of the Singapore Exchange (SGX) on Dec 29.…
Culture
Nvidia aims to begin H200 chip shipments to China by mid-February
It will provide access to processors roughly 6 times more powerful than the H20, a downgraded chip designed for China Nvidia has told…
Culture
HTC bets its open AI strategy to drive smart glasses sales
The glasses support multiple platforms, letting users benefit from improvements by various models Taiwan’s HTC is betting its open…
Culture
CapitaLand Malaysia Trust to acquire five industrial facilities in Singapore-Johor SEZ
The properties are strategically located within the Johor-Singapore Special Economic Zone to capitalise on rising demand CapitaLand…
Culture
Netflix refinances part of US$59 billion loan for Warner Bros bid
The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities Netflix refinanced…