Culture
China’s chemicals makers reap reward of shift from oil to coal
Falling coal prices are shifting the profitability of China’s chemicals sector, away from traditional oil-based producers to the growing…
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Culture
Culture
Boustead surges 12.8% on the back of Reit listing application
The counter shoots up to S$1.68 as at 10.07 am, gaining S$0.19 from its previous close Shares of engineering and technology group Boustead…
Culture
Gold extends record run as US rate-cut bets lift appeal
Gold prices extended their record run on Wednesday (Sep 3), holding firm above the key US$3,500 level, driven by growing investor…
Culture
Google keeps Chrome and Apple deal but must share data in big antitrust ruling
GOOGLE won’t have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with US…
Culture
Who will be next to lead Temasek, and is there enough time for them to come up to speed?
Temasek Holdings executive director and chief executive Dilhan Pillay last week made clear that the Singapore investment company is paving…
Culture
Economists back Fed Governor Cook as Trump attempts ouster
NEARLY 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US central bank…
Culture
Centurion unit acquires Johor dorm operator for RM110.8 million, ups bed capacity by 25%
A unit of dormitory operator Centurion Corporation has acquired another dormitory operator in Johor for RM110.8 million (SG$33.2 million),…
Culture
Whisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police…
Culture
US: Wall St opens lower on tariff uncertainty; focus on data
Wall Street’s main indexes opened lower on Tuesday (Sep 2), as investors returning from a long holiday weekend worried about the legality…
Culture
Boustead applies on behalf of UIB Holdings for IPO and listing of Reit that includes its assets
IPO portfolio is proposed to include Boustead’s stakes in some of its Singapore logistics and industrial real estate assets Boustead…
Culture
Boustead files for listing of Reit holding its Singapore logistics and industrial assets
Boustead Singapore has applied to list a real estate investment trust (Reit) on the Singapore Exchange – one with a portfolio that…
Culture
Kraft Heinz to split into two companies in growth push
Kraft Heinz will split into two listed companies, one focused on groceries and the other on sauces and spreads, the US packaged foods…
Culture
Jane Street plans to move Singapore office in latest Asia expansion
Jane Street Group is planning to move to a larger office in Singapore in the latest sign of the securities trading juggernaut expanding in…
Culture
Malaysia approves 13 large-scale solar projects with capacity of 1,975 megawatts
Malaysia’s government has approved 13 large-scale solar projects with a total capacity of 1,975 megawatts, the energy transition ministry…
Culture
Singapore stocks close higher as STI briefly reaches 4,300; index up 0.5%
Stocks on the local bourse closed higher on Tuesday (Sep 2) as the Straits Times Index (STI) briefly traded above 4,300 points for the…
Culture
Singapore stocks close higher as STI briefly breaks past 4,300; index up 0.5%
Stocks on the local bourse closed higher on Tuesday (Sep 2) as the Straits Times Index (STI) briefly traded above 4,300 points for the…
Culture
Indonesia's central bank to share some bond coupon payments with government
Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to…
Culture
Bukom refinery exports rare naphtha cargo: sources
Singapore’s Bukom refinery has exported its first naphtha cargo in years following a longer-than-expected outage at its cracker, according…
Culture
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the…
Culture
DBS’ plan to buy Alliance Bank stake is said to have stalled
DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory…
Culture
Rothschild boosts Middle East wealth efforts with Liechtenstein deal
Rothschild is set to take over the United Arab Emirates subsidiary of the Liechtensteinische Landesbank (LLB), bolstering its presence in…
Culture
MUFG to launch 100 billion yen Japan real estate fund
The new fund is the latest in a run of Japanese property fund launches this year, as real estate prices climb and the central bank looks…
Culture
China-led bloc to set up development bank in win for Xi
Chinese President Xi Jinping secured an agreement from partner countries to set up a new development bank, realising a longtime ambition…
Culture
Asia: Gold glitters to new high as stocks mixed
climbed to a new record on Tuesday as investors sought out safe havens, while Japan’s Nikkei and the Hang Seng pushed higher waiting for…