Culture
CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit
The notices were raised in relation to the disallowance of management fee expenses paid by the subsidiary to the gold-mining company[SINGAPORE] A Malaysian unit of CNMC Goldmine has been...
Sias calls on Singapore Paincare to clarify actions after failed privatisation bid
[SINGAPORE] The Securities Investors Association (Singapore), or Sias, called on medical services company Singapore Paincare to clarify its actions after its privatisation bid failed earlier this month.The move is...
Goldman, JPMorgan see India’s record IPO boom extending to 2026
Fundraising expected to hit US$25 billion in 2026, and for the next few years to reach above US$20 billion[MUMBAI] India’s proceeds from initial public offerings (IPO) in 2026 may...
China A500 ETFs inflows surge to record high towards year-end
Investors buy 8.7 billion yuan worth of shares in seven of the largest basket fundsINFLOWS to a group of exchange-traded funds (ETFs) tracking the CSI A500 Index surged to...
SMRT announces senior management changes as deputy group CEO steps down
Its group chief communications officer will also relinquish the role to focus on the company’s ESG and CSR agenda[SINGAPORE] Transit operator SMRT on Friday (Dec 19) announced two key...
Nidec founder and chairman Nagamori quits board after spate of accounting issues
The 81-year-old has voluntarily resigned his post, the world’s largest maker of mini-motors says [TOKYO] Nidec said its founder Shigenobu Nagamori will step down from his position as chairman...
Singapore stocks close flat as regional bourses end higher; STI inches down 0.02%
CDL is the top blue-chip gainer on the STI, while Yangzijiang Shipbuilding is the biggest decliner[SINGAPORE] Local shares closed flat on Friday (Dec 19), even as most regional bourses...
GLP picks investment banks for 2026 Hong Kong IPO: sources
Deliberations are ongoing and details such as the offering size and timing have not been finalised[HONG KONG] Investment firm GLP has selected banks for a Hong Kong initial public...
The Chinese-made DJI drones used by US police face a MAGA-fuelled reckoning
If DJI fails to get FCC clearance by Christmas, it could join Huawei and ZTE on the agency’s list[WASHINGTON] President Donald Trump’s administration faces a Tuesday (Dec 23) deadline...
OpenAI inks deals with US colleges, seizing early lead in education market
The company has sold more than 700,000 ChatGPT licences to about 35 public universities[NEW YORK] OpenAI has established a beachhead at many US colleges, overcoming university administrators’ wariness of...
