Culture
Malaysia’s long-awaited electric train service linking KL and JB makes its debut in preview run
[KUALA LUMPUR] Just before dawn broke on Dec 11, Malaysia’s new electric train service (ETS) linking Kuala Lumpur to Johor Bahru rolled out of the Kuala Lumpur Railway Station...
Harvey Norman operator Ossia sets up new units; buys leasehold property, Global Ten Realty
[SINGAPORE] Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property investment entities.Ossia Capital in turn...
The world needs a lot more copper. But will there be enough supply?
The market has been hit by a slew of mine outages this year, from Chile to IndonesiaCOPPER is one of the world’s most ubiquitous metals, used in just about...
US seizes oil tanker off coast of Venezuela, Trump says
[WASHINGTON] The US has seized an oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, ratcheting up tensions with Caracas in a move that also raised oil...
Musk’s fortune would more than double on US$1.5 trillion SpaceX
Musk’s path to becoming a trillionaire, whether it is through Tesla or SpaceX, is not without challenges[NEW YORK] The richest man in the world could more than double his...
Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO
Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares[SINGAPORE] The stabilising manager of Ultragreen.ai purchased about 2.3 million shares of the...
Customer experience tech startup Toku files preliminary prospectus for Catalist IPO
It will use the proceeds to fund R&D, market expansion and to improve its financial position[SINGAPORE] Technology startup Toku on Wednesday (Dec 10) lodged a preliminary prospectus for a...
Wall Street subdued at open ahead of Fed interest rate verdict
[NEW YORK] Wall Street’s main stock indexes opened little changed on Wednesday (Dec 10), ahead of a Federal Reserve monetary policy decision that is widely expected to deliver an...
Ever Glory to offer 2 million new shares at S$0.64 each ahead of proposed transfer to mainboard
It will raise around S$1.2 million in net proceeds if the offer is fully subscribed[SINGAPORE] As part of its proposed transfer to the Singapore Exchange (SGX) mainboard, Catalist-listed engineering...
Barclays joins bank rivals in buying stake in United Fintech
It has bought two fintechs this year, bringing its total to seven and giving it more than 200 employees across 11 locations globally[LONDON] Barclays is buying a stake in...
