Culture
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation [SINGAPORE] Mitsui OSK Lines (MOL) has signed a project finance...
Citigroup, Daiwa are latest to expand Japan dealmaking teams
This is due to hostile takeovers no longer being taboo, and private equity and activist investors are more prominent[TOKYO] It is a good time to be an investment banker...
Mapletree acquires logistics facility in the Netherlands for 32.3 million euros
Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries[SINGAPORE] Mapletree Investments has expanded its logistics presence in Europe with the...
Mapletree acquires logistics facility in the Netherlands
Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries[SINGAPORE] Mapletree Investments has expanded its logistics presence in Europe with the...
Gold sets 50th daily record this year on rate-cut bets and geopolitical risk
Gold has risen 70% this year, driven by strong central-bank buying and inflows into bullion-backed ETFs[LONDON] Gold rose to an all-time high on Tuesday (Dec 23) – the 50th...
End-buyer of Seatrium-Maersk vessel caught in Trump’s stop-work order
Singapore company expects vessel to be delivered as agreed in recent settlement with Danish shipping giant[SINGAPORE] Seatrium said it is “closely monitoring” the Trump administration stop-work order issued to...
PIDG, August Energy look to fill gap for ‘patient capital’ in South-east Asian clean energy
Their US$30 million joint venture will focus on Thailand, Vietnam and the Philippines[SINGAPORE] The Private Infrastructure Development Group (PIDG) hopes to address the gap between strong demand for clean...
Huawei’s Maextro S800 becomes China’s top-selling US$100,000 car
[BEIJING] Huawei Technologies’ ultra-luxury Maextro S800 sedan is so popular in China nowadays, it is outselling Porsche’s Panamera, Mercedes-Benz Group’s S-Class and all other vehicles with sticker prices of...
Fu Yu’s largest shareholder Victor Lim reinstated as director of strategy, makes new bid for board membership
Reinstatement is in view of his ‘ability to contribute to the group’, says company [SINGAPORE] Components manufacturer Fu Yu has since Nov 1 reinstated its largest shareholder Victor Lim...
Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped...
