Culture
Infinity Development aims to raise net proceeds of S$11.1 million in Catalist IPO
The adhesive manufacturer will use the bulk of the net proceeds, or S$6.2 million, towards expanding in overseas markets Hong Kong-based…
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Culture
Culture
IMDA to co-fund deployment of robots by 500 firms over next 3 years
The authority’s support will focus on improving integration and interoperability Five hundred local enterprises will receive support from…
Culture
Ex-Lloyd’s CEO lost US$17 million AIG job after office romance
American International Group’s announcement last week that it was parting ways with incoming President John Neal stunned insurance…
Culture
HSBC’s Swiss private bank boosts some bankers pay to stem exits
The Swiss arm has been increasing compensation of staff, including relationship managers HSBC Holdings’ Swiss private bank is boosting the…
Culture
Creative Technology interim CEO and executive chairman Tan Jok Tin to step down in Jan 2026
Tan has been in the interim role since July, when Freddy Sim stepped down as chief for health reasons Creative Technology on Friday (Nov…
Culture
Jardine Matheson’s Q3 performance ‘in line with expectations’
Hong Kong-based conglomerate Jardine Matheson said in a bourse filing on Friday (Nov 21) that its performance for the third quarter of…
Culture
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite Asia credit pullback, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset management arm of…
Culture
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset…
Culture
Mandarin Oriental posts ‘stable’ underlying net profit for Q3
Hotel group Mandarin Oriental, which is undergoing a privatisation bid from its majority shareholder Jardine Matheson, posted a “stable”…
Culture
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million — Vietnam’s VinFast reported a bigger third-quarter net…
Culture
European arms makers retreat as Ukraine peace plan gains traction
European defence shares fell to their lowest levels since late August on Friday (Nov 21), pausing their strong run this year, after…
Culture
Foxconn-Nvidia US$1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
Apple’s top iPhone assembler has been expanding beyond electronics into electric vehicles and AI data centres Foxconn said on Friday (Nov…
Culture
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
The Indian rupee weakened to a lifetime low against the greenback on Friday (Nov 21), pressured by shrinking risk appetite amid fading…
Culture
Changi Airport October passenger traffic rises 3.4% to 5.8 million
Changi Airport on Friday (Nov 21) reported a 3.4 per cent year-on-year increase in passenger traffic in October. Passenger traffic came in…
Culture
Japanese logistics firm Nippon Express expands footprint in Singapore
Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone Logistics…
Culture
Singapore stocks track regional declines on Friday; STI down 1%
Local stocks ended lower on Friday (Nov 21), tracking declines in the region. The benchmark Straits Times Index (STI) was down 1 per cent…
Culture
Asia tech rout resumes as stocks slide on AI valuation fears
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence…
Culture
Founder of India’s top broker Groww joins billionaire financial elites
Keshre is the twelfth billionaire to emerge from India’s financial services industry in recent years The initial public offering of Groww,…
Culture
Intel CEO Tan Lip-Bu denies claims new hire stole TSMC trade secrets
The executive is alleged to have taken proprietary knowhow from his former employer just before his departure Intel chief executive…
Culture
Singapore GasCo to seek LNG offers in Q1 2026 for supply from 2028
Singapore’s new state gas buyer GasCo will seek offers in the first quarter for liquefied natural gas term supply for delivery from 2028…
Culture
CK Hutchison weighing Hong Kong listing for retailer Watson: sources
CK Hutchison Holdings is considering listing health and beauty retailer AS Watson Group, people familiar with the matter said. The Hong…
Culture
Maybank Q3 profit up 3.3% at RM2.62 billion
Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the…
Culture
Maybank Q3 profit up 3.3% at RM2.6 billion
Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the…
Culture
US accuses four of smuggling advanced Nvidia chips to China
The Commerce Department has barred all the chips involved from export to the Asian nation Federal prosecutors charged two Chinese…