Culture
Ex-Ubisoft executive on trial denies seeing office harassment
[ad_1] [BOBIGNY, France] A former executive at French video game giant Ubisoft, on trial with two others for alleged sexual and psychological harassment of employees, denied on Tuesday witnessing any...
Fed’s Bostic wants more progress on inflation, in no rush to cut
[ad_1] [NEW YORK] US Federal Reserve Bank of Atlanta president Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see “a lot” more progress...
Semiconductor manufacturer Frencken to build new S$63 million plant in Kaki Bukit
[ad_1] [SINGAPORE] Semiconductor maker Frencken will invest S$63 million to build a new and larger five-storey manufacturing facility in Kaki Bukit. The new site will be built on a plot...
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
[ad_1] [SINGAPORE] Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6 million for the three months ended Mar 31, up...
Temasek’s Mapletree Investments returns to profit, hits record AUM of S$80.3 billion in FY2025
[ad_1] [SINGAPORE] Temasek’s Mapletree Investments reversed a loss from the previous year to turn a profit of S$227.2 million for the full-year ended Mar 31, on the back of narrowed...
Asean power grid could unlock 25 GW of renewable capacity, lowering Singapore’s electricity costs: Rystad Energy
[ad_1] [SINGAPORE] A regional power grid that allows for electricity trade between Asean nations, if fully realised, could unlock up to 25 gigawatts (GW) of renewable and energy storage projects,...
Ascott, Frasers Hospitality expand footprint in Asia
[ad_1] [SINGAPORE] Lodging sector players Ascott and Frasers Hospitality issued separate statements on Tuesday (Jun 3) announcing their expansion in Asia with new signings and openings.Ascott, the wholly owned lodging...
Protect investors, but give private market fund managers flexibility, industry players tell MAS
[ad_1] [SINGAPORE] The transparency of private market funds, the amount they charge in fees, and the methods of valuation were among key points raised in the feedback given by industry...
Singapore hedge fund Arrowpoint capitalised on May market turmoil
[ad_1] [HONG KONG] Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global trade tariff shocks and sees more arbitrage opportunities ahead, its...
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
[ad_1] [HONG KONG] Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the...
