Culture

Singapore Paincare worth up to S$0.37 a share, more than double its privatisation offer: Sias
[SINGAPORE] The Securities Investors Association (Singapore), or Sias, is urging minority shareholders of Singapore Paincare to hold off on selling their shares amid the proposed privatisation deal. In a...
China considers ordering hundreds of Airbus jets in major deal
[HONG KONG] China is considering placing an order for hundreds of Airbus aircraft as soon as next month, when European leaders visit Beijing to celebrate the countries’ long-term ties,...
More Chinese corporates eyeing deals in Asean, secondary listings on SGX
[SINGAPORE] Chinese corporates are increasingly looking for deals in South-east Asia amid rising uncertainty from US trade policies, said Jason Saw, head of investment banking at CGS International. Saw expects...
Ping An Insurance raises US$1.5 billion from convertible bonds
[HONG KONG] Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong Kong, marking the insurance...
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
[SINGAPORE] The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to 435.4 million new units to raise...
Gold steady as US-China trade uncertainty offsets strong US jobs data
Published Wed, Jun 4, 2025 · 09:43 AM[BENGALURU] Gold prices held steady on Wednesday (Jun 4) as the uncertainty over US-China trade relations offset the impact of strong US...
Global alarms rise as China’s critical mineral export ban takes hold
[WASHINGTON] Alarm over China’s stranglehold on critical minerals grew on Tuesday (Jun 3) as global automakers joined their US counterparts to complain that restrictions by China on exports of...
HPE posts strong revenue growth, sees reduced tariff impact
[NEW YORK] Hewlett Packard Enterprise (HPE) reported quarterly revenue that topped estimates and said it expects a reduced impact from tariffs on its business this year.Sales increased 6 per...
US: Wall Street opens mixed as investors await trade negotiations
Published Tue, Jun 3, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indices opened mixed on Tuesday (Jun 3) as investors awaited possible negotiations between the United States and...
Thailand and Indonesia could be growth laggards in Asean: Nomura
[SINGAPORE] Thailand and Indonesia are expected to be growth laggards within Asean, noted Euben Paracuelles, chief Asean economist at Nomura at the Nomura Investment Forum Asia press conference held...
Semiconductor manufacturer Frencken to build new S$63 million plant in Kaki Bukit
[SINGAPORE] Semiconductor maker Frencken will invest S$63 million to build a new and larger five-storey manufacturing facility in Kaki Bukit. The new site will be built on a plot...
Volkswagen says 20,000 workers agree to early exits
Published Tue, Jun 3, 2025 · 07:45 PM[BERLIN] Volkswagen said about 20,000 employees will voluntarily leave the company by the end of the decade as the carmaker restructures its...