Culture
China’s central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bondsPublished Fri, May 30, 2025 · 06:57 PM[SHANGHAI] China’s central bank...
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group[SINGAPORE] DFI Retail Group said on Friday (May 30) that...
MacDermid Alpha Electronics Solutions expands Singapore production facility
[SINGAPORE] Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production facility in Tuas.The expansion aims to scale up the production of...
Singapore stocks fall as Trump tariffs resume for now; STI retreats 0.6%
[SINGAPORE] Local equities ended Friday (May 30) lower, after an appeals court in the United States paused a ruling that blocked President Donald Trump’s sweeping tariffs. The benchmark Straits...
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
[SINGAPORE] It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic again.Lim, who was...
Joint venture by Boustead Projects’ unit clinches JTC tender to develop industrial facility on Tukang Innovation Drive site
The site is the first under the industrial government land sales programme to be awarded with an additional three years of lease[SINGAPORE] A joint venture of Boustead Projects’ wholly...
EMA grants conditional licence to RGE, TotalEnergies’ Indonesian solar project to import electricity to Singapore
[SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture (JV) between RGE and TotalEnergies, to import 1 gigawatt...
Energy Market Authority chairman Richard Lim to step down; ex-perm sec Tan Ching Yee to assume role
[SINGAPORE] Energy Market Authority (EMA) chairman Richard Lim, 71, will step down in September after leading the board for five years.Lim will relinquish his appointment on Sep 30, the...
AI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
[SINGAPORE] Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will powers the demand for digital infrastructure...
US regulator drops lawsuit against Binance
Published Fri, May 30, 2025 · 11:51 AM[WASHINGTON] The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency exchange Binance and its majority...
