Culture
Singapore needs to embrace Bitcoin to maintain status as financial hub: Jeremy Tan
[SINGAPORE] Singapore needs to welcome Bitcoin-related businesses to maintain its status as a global financial hub, said retired businessman Jeremy Tan at an event on Wednesday (Jun 11).The 34-year-old...
Tencent said to study deal for US$15 billion game developer Nexon
[BEIJING] Tencent Holdings is studying a potential deal for Nexon, as the Chinese Internet giant looks for ways to bolster its lucrative gaming operations, people with knowledge of the...
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
[HONG KONG] Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people familiar with the matter.
Singapore-based Ant...
SGX securities turnover rises 1% in May, volume down 18%
[SINGAPORE] The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported by institutional hedging activity and...
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence and Trump tariffs. The Asian giant’s companies had experienced...
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific 10’ firms?
[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence (AI) and US President Donald Trump’s trade tariffs. The...
Sembcorp’s renewables unit wins 50MW round-the-clock power project from Indian public sector company
[SINGAPORE] Sembcorp Industries on Thursday (Jun 12) announced that its wholly owned renewables subsidiary Sembcorp Green Infra was awarded a 50 megawatt (MW) round-the-clock power project from Solar Energy...
Airbus revises up 20-year jet demand forecast despite trade tensions
[PARIS] Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current...
Asia: Shares stumble after Trump’s latest trade threat
[HONG KONG] Asian shares were rattled on Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks, reigniting trade war fears soon...
Grab prices and increases convertible notes offering to US$1.5 billion
The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions[SINGAPORE] Grab announced on Wednesday (Jun 11) that its five-year convertible note offering...
