Culture
Ambani’s Reliance Jio delays India IPO beyond this year
[NEW DELHI] Indian telecoms and digital giant Reliance Jio Platforms, led by billionaire Mukesh Ambani, has decided not to launch its planned IPO this year, delaying one of the...
Australia’s Telstra to axe 550 roles in enterprise business overhaul
Published Wed, Jul 9, 2025 · 07:42 PM[SYDNEY] Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part...
Soilbuild Construction signs new contracts totalling S$178.6 million
The builder says the deals enhance revenue visibility and took its order book to around S$1.21 billion as at end-May[SINGAPORE] Soilbuild Construction said it has secured new contracts with...
Singapore stocks extend rally on Wednesday; STI up 0.3%
Across the broader market, gainers outnumber losers 287 to 187, with 1.2 billion securities worth S$1.2 billion changing hands[SINGAPORE] Investors stayed positive on local stocks on Wednesday (Jul 9)...
Lum Chang Creations says now is ‘best time’ to list, eyes over S$12 million in Catalist IPO
[SINGAPORE] Urban revitalisation specialist Lum Chang Creations (LCC) is set to raise S$12.3 million in gross proceeds through an initial public offering (IPO) on the Singapore Exchange (SGX), with...
Trump’s 50% tariff shocker stokes copper market mayhem
[SINGAPORE] Copper prices have reacted furiously after US President Donald Trump stunned markets with a 50 per cent tariff on copper imports – a “watershed moment” that sent US...
Merck nears US$10 billion deal for London-based lung therapy firm Verona, FT reports
[LONDON] Merck is nearing a US$10 billion deal to buy lung diseases focussed Verona Pharma, as the US drugmaker is eyeing deals to offset the upcoming patent expiry of...
JPMorgan to open bigger Amsterdam office after desk shortage
[AMSTERDM] JPMorgan Chase will soon open a new office in Amsterdam after an expansion in the region coupled with the bank’s stricter return-to-office mandate left the biggest Wall Street...
Financial sector taps polytechnic talent with new pathways, 300 roles in pipeline
[SINGAPORE] Ten financial institutions (FIs) are partnering the Institute of Banking and Finance (IBF) to roll out some 300 internship and traineeship positions over the next two years.Targeted at...
COE premiums rise across the board; Cat A back up above S$100,000
[SINGAPORE] Certificate of Entitlement (COE) premiums rose across the board for all categories of vehicles in the latest round of bidding on Wednesday (Jul 9), with that for Category...
