Culture
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly…
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Culture
Culture
Statista, TIA to award Singapore’s Top Fintech Companies for 2026
FOR the first time, Tech in Asia and global market research firm Statista will recognise Singapore’s top fintech companies. The list will…
Culture
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
Culture
Ship carrying EVs abandoned in Pacific after catching fire
A ship carrying about 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire on Tuesday (Jun 3),…
Culture
Gamers get hold of Nintendo’s hotly awaited Switch 2
Gamers on Thursday finally got their hands on Nintendo’s new Switch 2 console, which could score record early sales for the Japanese Super…
Culture
Latest Singapore six-month T-bill cut-off yield sinks to 2.05%
The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) dropped to 2.05 per cent, based on auction results released by…
Culture
Shein hit with complaint from EU consumer group over ‘dark patterns’
Pan-European consumers organisation Beuc filed a complaint with the European Commission on Thursday (Jun 5) against online fast-fashion…
Culture
Laopu Gold’s 2,300% rally faces test after stock hits HK$1,000
A BREATHTAKING rally in Laopu Gold is facing a critical test after its stock price hit HK$1,000 (S$164), a rare milestone that may deter…
Culture
Vingroup seeks private loan to buy KKR’s stake in Vinschool
Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent in…
Culture
Asia: Most markets rise as US data feeds rate-cut hopes
Asian shares mostly rose on Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and…
Culture
Citi to cut 3,500 tech jobs in China in global revamp
Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5),…
Culture
GrabCab launching in July with initial fleet of 40 Toyota Prius taxis
GrabCab vehicles will hit the road from July as Singapore’s sixth and newest taxi operator launches its services, with 40 cabs in its…
Culture
China’s power prices nosedive in relief to tariff-hit factories
A crash in Chinese coal prices, and a flood of clean energy, are cutting power rates in major industrial hubs, easing pressure on some of…
Culture
China’s power prices nosedive, providing relief to tariff-hit factories
A crash in Chinese coal prices, and a flood of clean energy, are cutting power rates in major industrial hubs, easing pressure on some of…
Culture
Singapore Paincare up 8.3% on Sias valuation
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the…
Culture
Singapore Paincare up 12.1% as Sias urges shareholders to await IFA report
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, said the…
Culture
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Culture
Mercedes, BMW step up response to China export curbs to avoid shortages
Automakers in the US and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt…
Culture
Oil settles 1% lower after US data shows large builds in fuel stocks
Oil prices settled down just over 1 per cent on Wednesday after US data showed surprisingly large build in petrol and diesel inventories,…
Culture
STMicro to cut 5,000 jobs in next 3 years, says CEO
STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job cuts announced earlier this year,…
Culture
Tesla’s China shipments extend slump, bucking broader sales boom
Tesla’s vehicle shipments from its China factory fell for an eighth straight month, extending a global sales slump as chief executive…
Culture
OCBC partners Ant International to offer embedded finance to Indonesia SMEs
Tie-up taps the bank’s presence and knowledge of SMEs and customer franchise in Indonesia, and Ant International’s capabilities in…
Culture
What to know about China’s rare earth export controls
Global manufacturers have raised the alarm on China’s decision to curb exports of rare earths alloys, mixtures and magnets. Here is an…
Culture
Singapore stocks close Wednesday higher amid regional gains; STI up 0.2%
Speculations over a Trump-Xi call to ease trade tensions sometime this week add to the upbeat mood Local stocks ended higher on Wednesday…