Culture

US: Wall Street opens higher as US-China trade talks begin
Published Mon, Jun 9, 2025 · 09:44 PMWALL Street’s main indexes opened higher on Monday (Jun 9) as investors watched a fresh round of negotiations between the United States...
Shareholders to vote on Great Eastern delisting on Jul 8
[SINGAPORE] Independent directors of Great Eastern Holdings (GEH) are recommending for shareholders to accept OCBC’s conditional exit offer that will ultimately lead to the insurer’s delisting.This is based on...
Asia healthcare assets risk overvaluation as private investors scoop them up
[SINGAPORE] As private equity (PE) investors pour money into Asian healthcare, some observers are concerned that this sector could soon overheat. Some recent deals this year include KKR’s US$400...
Kim Heng inks deal with Singapore Energy Interconnections on submarine power projects
This comes after Singapore Energy Interconnections’ other project to enable low-carbon electricity imports from Indonesia to Singapore[SINGAPORE] Offshore marine services contractor Kim Heng has inked an agreement with a...
Global convergence of sustainability disclosure standards – what boards need to know
SUSTAINABILITY disclosures have finally begun to align globally after a long, winding journey spanning three decades. What originated in the 1980s as voluntary environmental-related disclosures by companies have today...
Doing away with SGX watch list may help the firms focus more on the long term: market watchers
[SINGAPORE] The proposed removal of Singapore Exchange’s (SGX) financial watch list could benefit companies by allowing them to focus on business growth without the burden of public stigma.“This shift...
EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise
Published Mon, Jun 9, 2025 · 07:21 PM[BENGALURU] Vietnamese electric vehicle maker VinFast on Monday (Jun 9) reported its sixth consecutive quarterly net loss as it continues to ramp...
Singapore stocks close Monday higher ahead of US-China talks; STI up 0.1%
[SINGAPORE] Local stocks rose on Monday (Jun 9), in line with gains in Asian markets on hopes that a fresh round of US-China trade talks will ease tensions. Investors...
Qualcomm strengthens AI portfolio with US$2.4 billion Alphawave deal
[BENGALURU] US chipmaker Qualcomm agreed to acquire Alphawave for about US$2.4 billion on Monday (Jun 9), as it expands into the booming AI data centre market, sending shares of...
DBS tops US$100 billion market value in Singapore Exchange first
[SINGAPORE] DBS Group Holdings became the first listed company in Singapore to top US$100 billion in market value, helped by a softer US currency that amplified gains on the...
Banks want staff back at the office. There aren’t enough desks
[LONDON] Five years after the Covid pandemic fuelled an unprecedented boom in remote work, bank executives have become ever more vocal in their insistence that workers should return to...
Shein and Reliance reportedly aim to sell India-made clothes abroad within a year
[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months,...