Culture
Wife of 3AC’s Kyle Davies sells Singapore mansion for S$37 million -The Business Times
A bungalow in Peirce Hill owned by the wife of failed Three Arrows Capital (3AC) co-founder Kyle Davies is in the early stage of being…
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Culture
Culture
Weak Chinese demand leaves Australia with too much wheat
Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in…
Culture
Asia: Stocks fluctuate as traders await next moves in Trump trade war
Equities meandered on Tuesday as investors awaited the latest developments on Donald Trump’s trade war, while the yen rallied after the…
Culture
Cerberus eyes Chinese firm’s Darwin port: report
US private equity firm Cerberus Capital Management is preparing a bid for the strategically important Port of Darwin, currently owned by…
Culture
Gold edges higher as dollar dips, US fiscal worries mount
Gold prices edged up on Tuesday (May 27), supported by a weaker US dollar and concerns over the US fiscal outlook, while investors looked…
Culture
Japanese bonds yields fall ahead of test at 40-year auction
Yields on Japanese super-long bonds fell ahead of an auction on Wednesday (May 28) that is expected to test demand following a recent sale…
Culture
Singapore-based Quadria’s 3rd healthcare fund closes at US$1.1 billion, above US$800 million target
Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at…
Culture
TargaZyme wants to cure cancer by improving stem cell delivery to diseased organs
After watching her family members go through painful treatment methods to deal with their cancer diagnoses, Lynnet Koh turned to cell…
Culture
Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve
Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s…
Culture
EU warns Shein of fines in consumer protection probe
Shein could also be the target of EU regulatory demands under the EU’s Digital Services Act The European Union on Monday (May 26) urged…
Culture
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year…
Culture
Tampines Changkat MP Desmond Choo resigns from SBS Transit’s board after Cabinet appointment
Member of Parliament for Tampines Changkat single-member constituency (SMC) Desmond Choo resigned from the board of SBS Transit on Monday…
Culture
Boustead’s H2 profit up 48 per cent to S$59.1 million
Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024, increased 58 per cent to S$59.1…
Culture
Sembcorp Industries enters agreement to explore exporting clean energy from Vietnam
Energy company Sembcorp Industries’ subsidiary, Sembcorp Utilities, has entered into an agreement with several of its counterparts in…
Culture
Euro trades at one-month high after Trump delays EU tariffs
[TOKYO/LONDON] The euro hit a one-month high against the greenback on Monday (May 26), after US President Donald Trump backed down from…
Culture
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based…
Culture
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid Four energy companies from Malaysia, Singapore and…
Culture
Maybank Q1 net profit rises 4% to RM2.6 billion
Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in…
Culture
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its…
Culture
Chinese food delivery giant Meituan net profit up 46.2% in first quarter
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts say…
Culture
Hong Leong Bank forms private banking alliance with Lombard Odier
Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May…
Culture
Australia’s WiseTech agrees to buy E2open for US$2.1 billion
Australian software company WiseTech Global on Monday (May 26) announced its biggest deal to date, buying out US cloud computing firm…
Culture
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam…
Culture
China’s ambassador warns Australia over Port of Darwin lease
The decision to lease the port to Landbridge has been criticised in the decade since the deal was announced, including by former US…