Culture
The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord
[ad_1] The potential sale of the trust’s Sky Complex office property and acquisition of PLQ Mall should excite unitholders [SINGAPORE] Lendlease Global Commercial Reit (LReit) could be on the cusp...
Underpinned by rate-cut optimism, STI, DBS break records
[ad_1] Benchmark index closes up 1.7% at 4,395.21 points; lender advances 2.4% to S$52.84 [SINGAPORE] The blue-chip gauge of the Republic, the Straits Times Index (STI), soared to a new...
LNG demand for ships set to at least double by 2030 globally
[ad_1] [SINGAPORE] Demand for liquefied natural gas (LNG) as a marine fuel will at least double by 2030 as abundant supply and rising emissions regulations spur orders for ships that...
US offers to buy stakes in Australian critical minerals companies
[ad_1] The American government has already taken equity holdings in US-listed critical minerals companies[MELBOURNE] The US government has offered to buy equity in Australian critical minerals companies as part of...
Yangzijiang Financial pumps 1.02 billion yuan in lithium battery producer Ningbo Shanshan’s restructuring
[ad_1] The investment by the group and two of its investors gives them effective voting rights of 23.4 per cent in the lithium battery producer [SINGAPORE] Investment management company Yangzijiang Financial...
BYD sees first sales decline in 18 months amid fierce competition in China’s EV market
[ad_1] The decline comes as the company slashed its sales goal for this year by 16% to 4.6 million units[BEIJING] Electric vehicle juggernaut BYD’s monthly sales fell for the first...
LG Electronics aims to make India a global manufacturing hub with local unit’s listing
[ad_1] [MUMBAI / BENGALURU] LG Electronics is looking to position India as a global manufacturing hub, an executive of its Indian unit said on Wednesday (Oct 1), as the appliance...
mm2 Asia seeks another 90-day extension for AGM
[ad_1] More time is needed, given the liquidation of its cinema operations and audit delays, says the entertainment company[SINGAPORE] Entertainment company mm2 Asia on Wednesday (Oct 1) said it has...
Traditional finance is a Ponzi scheme, says Donald Trump Jr
[ad_1] [SINGAPORE] Donald Trump Jr, the eldest son of current United States President Donald Trump, lashed out against the traditional finance system in a panel discussion in Singapore on Wednesday...
Samsung, SK Hynix to supply memory chips to OpenAI’s Stargate project
[ad_1] [SEOUL] Samsung Electronics and SK Hynix have signed letters of intent to supply memory chips for OpenAI’s data centres, they said on Wednesday (Oct 1), as South Korean chipmakers...
Singapore shares rise amid mixed regional showing; STI up 0.5%
[ad_1] Across the broader market, gainers beat decliners 258 to 155, as 1.6 billion securities worth S$1.6 billion change hands[SINGAPORE] Singapore stocks continued to climb on Wednesday (Oct 1), amid...
Khazanah’s chief investment officer urges investors to ‘co-parent’ Asian firms amid weak returns
[ad_1] He says public market investors can play a more active role, while private equity can acquire underperforming assets[SINGAPORE] Investors, including private equity and venture capital firms, should not be...