Culture
MAS order prompts unlicensed crypto exchanges to plan exit
[ad_1] [SINGAPORE] A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a permit to plan for a hasty exit.Bitget...
Tencent said to study deal for US$15 billion game developer Nexon
[ad_1] [BEIJING] Tencent Holdings is studying a potential deal for Nexon, as the Chinese Internet giant looks for ways to bolster its lucrative gaming operations, people with knowledge of the...
SGX securities turnover rises 1% in May, volume down 18%
[ad_1] [SINGAPORE] The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported by institutional hedging activity and...
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
[ad_1] [SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence and Trump tariffs. The Asian giant’s companies had experienced...
Apac data centre boom straining power grids; reliability key to site selection: report
[ad_1] [SINGAPORE] Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across the region, affecting grid reliability and increasing...
China likely to ditch low-grade coal from Indonesia due to glut
[ad_1] CHINA is likely to cut imports of the lowest grades of coal as a glut of the fuel makes the trade uneconomic and the government tightens up on carbon...
CapitaLand China Trust to raise 748 million yuan via divestment for C-Reit listing
[ad_1] [SINGAPORE] CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the divestment of CapitaMall Yuhuating, a mature retail...
CapitaLand China Trust to divest retail property for 748 million yuan
[ad_1] [SINGAPORE] CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the divestment of CapitaMall Yuhuating, a mature retail...
Gold prices climb as Middle East tensions rise, US inflation eases
[ad_1] GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation data raised expectations of potential interest rate cuts by the...
Toyota chairman re-elected against backdrop of US$33 billion buyout bid
[ad_1] [TOYOTA CITY, Japan] Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday (Jun 12), highlighting support among mom-and-pop investors even as the Japanese automaker’s US$33 billion buyout of...
