Culture
Temasek-backed Foundation Healthcare mulls US$300 million Singapore IPO: sources
[ad_1] [SINGAPORE] Foundation Healthcare, backed by Temasek Holdings, is considering an initial public offering (IPO) that could value the medical group at more than US$1 billion, according to people with...
SoftBank to buy ABB’s robotics business in US$5.4 billion deal
[ad_1] [TOKYO] SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal.The deal marks a...
Crypto race to tokenise stocks raises investor protection flags
[ad_1] The industry is divided over which regulations apply to stock tokens, and investor rights and protections vary[NEW YORK/PARIS] A race by crypto companies to sell tokens pegged to stocks...
Honda’s grip on Vietnam motorcycle market looks shaky on EV switch
[ad_1] The world’s largest manufacturer of motorcycles is also producing electric models but it is not clear how many it sells in the country[HANOI] Honda’s dominance of Vietnam’s motorcycle market...
Gold is booming. From mega vaults to discreet transport, who are the key players in Singapore?
[ad_1] [SINGAPORE] Gold surged into uncharted territory on Wednesday (Oct 8), opening above US$4,000 an ounce for the first time, in a year that has seen it consistently set new...
BMW cuts annual guidance on weak China sales, tariff costs
[ad_1] The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US[MUNICH] BMW lowered its financial guidance for the year...
Singapore dollar surges against the Japanese yen to its strongest level in more than a year
[ad_1] [SINGAPORE] The Singapore dollar strengthened to its strongest level against the Japanese yen in more than a year on Wednesday (Oct 8) morning.The latest move marks the rapid weakening...
Indonesia considering bioethanol-blended fuel mandate, minister says
[ad_1] Indonesian government is seeking to expand the use of biofuels made from palm oil and sugar cane[JAKARTA] Indonesia is considering setting a mandatory bioethanol content level of 10 per...
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million as it sells stake in Knight Frank Singapore
[ad_1] The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed hospitality player for S$0.11 per share[SINGAPORE] A consortium comprising jewellery retailer Aspial Corp and an...
Aspial Corp, Koh family-linked entity move privatise AF Global for S$31.8 million consideration
[ad_1] [SINGAPORE] A consortium comprising Aspial Corp and an entity linked to the Koh family behind it has launched a bid to privatise mainboard-listed AF Global . Aspial and JK...
