Culture
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
[SINGAPORE] Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around US$6.7 million, said managers...
China warns BYD, rivals to self-regulate as price war heats up
[BEIJING] Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns about the long-running price war, according to people...
High Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
[SINGAPORE] The High Court has partially allowed an appeal by Goh Jin Hian, a former director of insolvent marine fuel supplier Inter-Pacific Petroleum (IPP).The Appellate Division of the High...
Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
[SINGAPORE] The Appellate Division of the High Court has partially allowed an appeal by Goh Jin Hian against having to pay damages for breaching his duty of care as...
India central bank set to deliver third straight rate cut to lift growth
[NEW DELHI] India’s central bank will likely cut interest rates for the third straight meeting to boost growth, with market watchers focused on the extent of easing in this...
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
[SINGAPORE] Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly wrongfully and fraudulently extracting and...
Statista, TIA to award Singapore’s Top Fintech Companies for 2026
FOR the first time, Tech in Asia and global market research firm Statista will recognise Singapore’s top fintech companies.The list will include firms across these sectors:
Payments
Neobanking
Alternate finance
Wealth tech
Financial planning
Digital...
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
[SINGAPORE] DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre campus in Batam.The project is...
Ship carrying EVs abandoned in Pacific after catching fire
[LONDON] A ship carrying about 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire on Tuesday (Jun 3), highlighting a growing risk...
Gamers get hold of Nintendo’s hotly awaited Switch 2
[TOKYO] Gamers on Thursday finally got their hands on Nintendo’s new Switch 2 console, which could score record early sales for the Japanese Super Mario creator.Featuring a bigger screen...
