Culture
Microsoft, Rolls-Royce Power Systems push treated vegetable oils to green Singapore’s data centres
[SINGAPORE] Microsoft and Rolls-Royce Power Systems are pushing for the adoption of hydrotreated vegetable oil (HVO) as a sustainable backup fuel for data centres in Singapore and beyond, as...
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
[SINGAPORE] Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the Federal Reserve and awaited a key earnings report from...
Russians hoard record US$500 billion in banks lured by high rates
[MOSCOW] Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates for savings accounts in the wartime economy. Deposits held by...
Hong Kong’s key rate climbs above 3% to pose risks for economy
If the gauge sustains above that level, it could have a negative impact on the economyPublished Wed, Aug 27, 2025 · 04:54 PM[HONG KONG] Liquidity conditions in Hong Kong...
Cambricon briefly overtakes Moutai as China’s priciest stock
[SHANGHAI] A leading Chinese chipmaker briefly replaced a top liquor giant as the country’s most expensive onshore stock, as investors doubled down on innovative technology firms to keep driving...
China tech giant JD.com unit, two other firms plan US$1 billion Singapore Reit
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.com and two other firms plan to launch a Singapore-based real estate investment trust (Reit) with assets potentially valued...
Lego bets on Asia as sales hit record and market share climbs
[COPENHAGEN] After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market in Asia.
The Danish toymaker announced...
From vultures to defenders, Japan private equity deals head for record year
[TOKYO] Take-private deals in Japan are likely to hit a record high this year, exceeding the US$40.3 billion total racked up in 2023, according to private equity funds and...
FWD expands headquarters in biggest 2025 Hong Kong office lease
Insurance companies are the most willing to upsize their office space in the cityPublished Wed, Aug 27, 2025 · 02:18 PM[HONG KONG] Richard Li’s FWD Group Holdings signed a...
China’s Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says
[BEIJING] China’s Ping An Insurance plans to further invest in shares to boost its portfolio return while staying cautious about Chinese economic growth, co-CEO Michael Guo said.The privately owned...
