Culture
Subsidiaries of Dasin Retail Trust manager receive court summonses over Companies Act breaches
Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023[SINGAPORE] Four subsidiaries of Dasin Retail Trust’s trustee-manager have received court summonses over breaches of the...
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed[HONG KONG] Hang Seng Bank shareholders on Thursday (Jan 8) approved...
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
[SINGAPORE] Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian shipping companies.The deal – to buy...
Singapore stocks track regional declines; STI down 0.2%
Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands[SINGAPORE] Singapore stocks ended lower on Thursday (Jan 8), amid a...
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
The Government is working hand in glove with the country’s largest banks to teach new technology skills[SINGAPORE] Kelvin Chiang knew the five agentic AI models built by his team...
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America[TOKYO] The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday (Jan 8) said...
How rare earths raise the stakes in China-Japan spat
[BEIJING] China and Japan are bound together by trade and geography, but a long history of rivalry and unresolved disputes makes even periods of cooperation fragile.Long-running flashpoints – including...
UI Boustead said to seek US$700 million Singapore IPO in March
The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month[SINGAPORE] UI Boustead Real Estate Investment Trust (Reit) is gearing up...
Sumitomo’s energy arm may set up LNG trading desk in Singapore
[TOKYO] The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to strengthen its foothold in...
First self-driving shuttle vehicles in Punggol to start serving public within three months
[SINGAPORE] The first self-driving shuttle route in Punggol will open to the public in two to three months, said Senior Minister of State for Transport Sun Xueling on Jan...
