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ABU Dhabi National Oil Co (Adnoc) agreed to sell liquefied natural gas to Malaysia’s Petronas for 15 years starting 2028, expanding the Middle East company’s efforts to become a major…
FRANCE’S Praemia REIM is considering listing a healthcare real estate investment trust (Reit) in Singapore, according to people familiar with the matter, adding to a slew of potential…
The company says the deal could help to revitalise the business and provide a strong financial footing for it to pursue future growth opportunities SHARES of OKH Global surged on Thursday…
Malaysia is in the midst of a boom to build data centres as global tech players rush to meet the demand for infrastructure and computing power NTT Data announced on Thursday (Dec 5) a…
ASIA-Pacific’s (Apac) ultra wealthy had the fastest growing fortunes among billionaires across the globe over the last decade, a UBS report found on Thursday (Dec 5). The wealth of Apac’s…
The group warns that these fraudulent accounts could attempt to solicit sensitive information from shareholders and the public under false pretenses Frasers Property was notified of the…
This is down from the 3.08% offered in the previous auction that closed on Nov 21 THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 3 per cent, auction…
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms. Local influencers…
CHINESE online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an end-November deadline for business registration in the South-east Asian country,…
BITCOIN rose above US$100,000 for the first time on Thursday (Dec 5) as the election of Republican Donald Trump as president of the United States spurred expectations that his…
GOLD prices were little changed on Thursday (Dec 5) as investors awaited US payrolls data, due on Friday, for more cues on the Federal Reserve’s monetary policy path. Spot gold was flat at…
SINGAPORE stocks were close to a record high on Thursday (Dec 5) morning, but eased by the close. The benchmark Straits Times Index (STI) rose 22.74 points or 0.6 per cent to 3,822.68.…
Market expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on an increase, and the predictions hardly budged even after one of…
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
THE tycoon behind China’s RoyalFlush trading app has added US$6 billion to his wealth since the nation’s stimulus blitz in September, underscoring how the volatility has been a boon for an…
FOOT Locker executives said on Wednesday (Dec 4) that they are working closely with Nike to emphasise its newer styles, including Vomero and Air DT Max shoe models, amid “softness” in…
A Delaware judge rejected Tesla Chief Executive Elon Musk’s multibillion-dollar pay package for a second time, writing in her opinion this week that the company’s approval process for the…
The US Commodity Futures Trading Commission’s (CFTC ) fines and investor relief hit a record US$17.1 billion, largely due to the agency’s crackdown on defunct crypto exchange FTX. Most of…
AIRBUS announced just over 2,000 job cuts in Defence and Space, or about 5 per cent of its second-largest division, as it reels from US competition in the satellites sector but the cuts…
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest…
Arsenal will host Manchester United at the Emirates, with the visitors coming in after a boost of confidence. Ruben Amorim faces a tough challenge early in his tenure. Since the…
Newcastle United will host Liverpool at St. James' Park on Wednesday, aiming to bounce back and get their season back on track. The Magpies have not won their last two Premier League…
A CONSORTIUM of investors led by Starwood Capital Group, Sixth Street Partners and SSW Partners has made an offer to take Hong Kong-listed real estate fund manager ESR Group private at…
