Culture
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financial...
STI continues to slide on Wednesday, down 0.3%
Across the broader market, decliners outnumber advancers 286 to 285 after 2.3 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) closed down on Wednesday (Sep...
Indonesia central bank delivers surprise rate cut to boost growth
[JAKARTA] Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing cycle in September last year, saying...
OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now
The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of incorporation[SINGAPORE] OCBC has set a target of providing social...
Ben & Jerry’s co-founder resigns citing loss of independence under Unilever
Jerry Greenfield says the Vermont-based company has lost its independence since UK parent Unilever curtailed its social activism[LONDON] Ben & Jerry’s co-founder Jerry Greenfield, whose name helped shape the...
Former Hyflux legal officer not aware of power plant in bid for Tuaspring project
[SINGAPORE] The former legal officer of Hyflux tasked with reviewing the water purchase agreement for the company’s tender for the Tuaspring integrated water and power project did not know...
Former Hyflux legal officer unaware of power plant in bid for Tuaspring project
[SINGAPORE] The former legal officer of Hyflux tasked with reviewing the water-purchase agreement for the company’s tender for the Tuaspring integrated water and power project did not know beforehand...
Del Monte Pacific gets Philippine Stock Exchange suspension after annual report non-submission
DMP did not meet the PSE’s extended deadline “due to the same reasons disclosed by the company (when) requesting the extension”, the company says[SINGAPORE] The Philippine Stock Exchange (PSE)...
Openspace Ventures rebrands as Openspace Capital, launches two new funds
The equity growth offering seeks to tap MAS’ EQDP, while the private credit strategy presents companies with more options for capital[SINGAPORE] Venture capital firm Openspace Ventures has rebranded as...
Hong Kong to speed up development of border tech hub, John Lee says
Absent bold new measures, the city’s housing market is likely to remain under pressure, with home values hovering near their lowest since 2016[HONG KONG] Hong Kong’s leader said the...
