Culture
Hutchison Port Holdings’ Shenzhen port land appropriated by municipal government for 15.6 million yuan
[SINGAPORE] The trustee-manager of Hutchison Port Holdings Trust (HPH) on Friday (Dec 12) said that land currently held by one of its subsidiaries will be acquired by the Chinese...
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes [SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan...
OUE Reit gets S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes [SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan...
Singapore stocks gain more ground on Friday; STI up 1.5%
[SINGAPORE] Singapore stocks ended higher on Friday (Dec 12), extending gains from the previous day.The benchmark Straits Times Index (STI) rose 1.5 per cent or 65.62 points to finish...
ST Engineering’s US subsidiary named in lawsuit over UPS plane crash
The lawsuit alleges negligence in maintenance checks by ST Engineering subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of...
ST Engineering’s US unit among defendants in UPS plane crash lawsuit
Lawsuit alleges negligence in maintenance checks by subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of several companies named...
Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan
[TAIPEI] Foxconn, the world’s largest contract electronics maker, said on Friday (Dec 12) it will invest US$509.94 million to build its Kaohsiung headquarters in southern Taiwan.That would include a...
Ringgit hits three-year high against Singdollar, four-year high versus greenback
It is Asia’s best-performing currency this year as Malaysia’s robust macro fundamentals drive optimism for unit[SINGAPORE] The ringgit hit a three-year high against the Singapore dollar and a four-year...
Malaysian ringgit hits highest in four years on growth optimism
It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021[KUALA LUMPUR] The Malaysian ringgit reached the strongest level against the dollar in more than...
Sumitomo to put US$1.3 billion into India renewable power projects
[TOKYO] Sumitomo Corp will invest US$1.3 billion on several Indian renewable power projects, to take advantage of rapid growth in demand from major industrial users.The funds will be invested...
