Culture
Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Section
Culture
Culture
Metro Holdings says ‘no definitive agreement’ entered on Boustead Singapore’s proposed divestments
The group holds 26% of the units in the Boustead Industrial Fund through its indirect wholly owned subsidiary Metrobilt Construction…
Culture
AEM soars 17.8% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 19.1 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
Culture
CATL’s stock touted as cheap even after a US$110 billion rally
The Shenzhen-listed stock of the world’s biggest battery maker has surged nearly 75% since this year’s low in early April, adding US$110…
Culture
LTA, SMRT, SBS Transit establish task force to address MRT service disruptions
The Land Transport Authority (LTA), SMRT and SBS Transit (SBST) on Friday (Sep 19) jointly announced the establishment of a Rail…
Culture
AvePoint jumps 4.4% at SGX mainboard trading debut
The company has listed 13.3 million shares at an offering price of S$19.50 apiece Cybersecurity company AvePoint’s shares rose 4.4 per…
Culture
Apple’s higher prices give iPhone doubters reason for optimism
Apple’s latest iPhones did not dazzle with new features, but investors are starting to look past that, seeing higher price tags on the…
Culture
Nvidia spent over US$900 million to hire Enfabrica CEO, license technology, CNBC reports
NVIDIA has spent over US$900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup…
Culture
Boustead’s proposed Reit listing has portfolio value of S$1.9 billion
The portfolio will comprise 23 logistics and industrial properties – 21 in Singapore and two in Japan Boustead Singapore said on Thursday…
Culture
ComfortDelGro to start hotline bookings, doorstep pick-ups for cross-border taxi rides from Sep 25
Travellers heading to Johor Bahru can book a cross-border ride from anywhere in Singapore through ComfortDelGro’s (CDG) hotline from Sep…
Culture
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Culture
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to…
Culture
BOE holds rates at 4%, keeps cautious stance on future cuts
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest…
Culture
Logistics provider GLP preparing to list China business in 2026
LOGISTICS company GLP is seeking to list its China business in an initial public offering (IPO) next year, said its backer Hopu Investment…
Culture
Fed’s rate-cut plans pre-empt a recession, rather than reacting to one
The Federal Reserve’s latest move is a shift from the hold-steady, wait-and-see approach to an aggressive defence of the US labour market…
Culture
STI falls on Thursday, down 0.3%
Decliners outnumber advancers 322 to 233 across the broader market, with 2.4 billion shares worth S$1.4 billion changing hands The Straits…
Culture
Sunway group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway group for…
Culture
Malaysia's Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith Real estate group Hongkong Land will sell its…
Culture
Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean
The fund will look into supporting relevant startups in the Asia-Pacific, as well as companies from elsewere looking to expand into the…
Culture
HK, Abu Dhabi bourse operators seek to deepen capital market ties
The agreement underscores increasing financial ties between the Asian financial hub and the Middle East Hong Kong Exchanges and Clearing…
Culture
Japan's Nikkei closes above 45,000 for first time on tech boost, Fed decision
Japan’s Nikkei share closed above 45,000 for the first time on Thursday (Sep 18), underpinned by technology shares, as optimism swept into…
Culture
Legal officer ‘responsible’ for the compliance of fundraising document named in Olivia Lum’s trial
Court hears that Joscelyn Tan, Hyflux’s former legal officer for corporate finance, would have been in charge A former senior legal…
Culture
Centurion Accommodation Reit kicks off public offer of units at S$0.88 each for SGX mainboard listing
Centurion Accommodation Real Estate Investment Trust (Reit) launchedits initial public offering (IPO) on Thursday (Sep 18) evening, set to…
Culture
Winning bidder pays S$18,900 to dine with DBS CEO Tan Su Shan in charity auction
The event, part of National Gallery Singapore’s 2025 auction, is a rare instance of a fundraising in Asia featuring a leading corporate…