Culture
Google signs solar power pact in Malaysia with Shizen Energy
The agreement highlights efforts by global tech firms to decarbonise their energy-intensive operations such as data centres[TOKYO] Alphabet’s Google has signed a solar power agreement in Malaysia, as the...
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
Globally, synthetic risk transfer volumes are projected to expand 11% annually over the next two years[SINGAPORE] Sumitomo Mitsui Banking Corporation’s (SMBC) Asia-Pacific arm has completed its first US$3.2 billion...
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026[SINGAPORE] The Middle Eastern oil market has weakened in recent weeks on concern that...
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away[BEIJING] A US$3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated...
Soilbuild Construction proposes four-to-one stock split after 313% year-to-date rise
The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares[SINGAPORE] Construction and engineering company Soilbuild Construction on Monday (Dec 15) announced a...
Robot vacuum Roomba maker files for bankruptcy after 35 years
Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company[NEW YORK] iRobot filed for bankruptcy after reaching a restructuring support agreement...
ASX hit with A$150 million capital charge, regulatory reforms
The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership[SYDNEY] Australia’s corporate regulator will impose a A$150 million (S$129 million) capital...
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles [SINGAPORE] The Republic’s electric vehicle (EV) adoption rate...
Gallant Tang: Shaping SingHaiyi Group’s next chapter
How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership Inside Asia’s family empires: How they are transforming to seize the next...
Wall Street sees an AI bubble forming and is gaming what pops it
Looking to 2026, investors debate cutting AI exposure or doubling down to ride a potentially game-changing boom[NEW YORK] It has been three years since OpenAI set off euphoria over...
