Culture
UBS faces tough new Swiss banking sector rules
[BERN] The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold US$26 billion more in core...
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
[SINGAPORE] Sasseur Real Estate Investment Trust’s (Reit) said a wholly owned subsidiary of its sponsor has entered into an unsecured sponsor loan agreement of up to 508 million yuan...
Stonepeak said to be in exclusive talks for RM9 billion buyout of Yinson
Published Fri, Jun 6, 2025 · 08:30 PMSTONEPEAK Partners is in exclusive talks for a buyout of Yinson Holdings that may value the firm at as much as RM9...
Thakral’s associate GemLife in advanced talks to IPO on Australian exchange via stapled securities
There is still no assurance or certainty that the proposed IPO would proceed and close successfully, says the company[SINGAPORE] Property investor Thakral Corp’s associate GemLife is considering an initial...
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Hello Kitty owner overtakes Toyota in stock turnover
Shares of Sanrio, which was added to MSCI’s Japan index last month, jumped 12% in MayPublished Fri, Jun 6, 2025 · 05:45 PM[TOKYO] Hello Kitty owner Sanrio surpassed Japan’s...
Singapore stocks rise post Trump-Xi talks; STI up 0.4%
Across the broader market, gainers beat losers 266 to 205 as 849.5 million securities worth S$1.1 billion change hands.[SINGAPORE] The local bourse ended Friday (Jun 6) in a positive...
Modi launches US$5.4 billion rail project in Jammu and Kashmir
[NEW DELHI] India’s Prime Minister Narendra Modi inaugurated the world’s tallest railway bridge connecting the restive Kashmir valley with the rest of the country on Friday (Jun 6), marking...
Licensed digital token service providers to mainly serve Singapore-based customers: MAS
The bar for licensing is high and it will generally not issue one, the regulator notes[SINGAPORE] Digital token service providers (DTSP) will not be able to serve only overseas...
