Culture

UK’s Thames Water fined £122.7 million over sewage and dividend breaches
[ad_1] [LONDON] Britain’s Thames Water, on the brink of financial collapse, will have to pay a record £122.7 million (S$213.3 million) fine for breaching its legal obligations over sewage treatment...
China’s answer to World Bank could open Singapore, HK offices: sources
[ad_1] [BEIJING] The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would...
China’s answer to World Bank plans to open Singapore, HK offices
[ad_1] [BEIJING] The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would...
SunMoon sinks to S$1.5 million loss in FY2025 despite higher revenue
[ad_1] [SINGAPORE] Fruit distributor SunMoon Food Company has sunk into the red with a net loss of S$1.5 million for the full year ended March, compared with a net profit...
Asia: Stocks track Wall Street rally as trade fears ease, eyes on Japan debt
[ad_1] [HONG KONG] Asian equities rose on Wednesday following a Wall Street rally as traders cheered forecast-beating US consumer confidence data and a drop in bond yields, with eyes now...
US warns Pirelli risks restrictions due to Chinese investor
[ad_1] [MILAN] The US government warned Italy’s Pirelli & C that vehicles containing its advanced sensors technology could be restricted from sale in America due to concerns over the influence...
UBS’s Iqbal Khan sees rich customer demand for alternative assets
[ad_1] [HONG KONG] Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade,...
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
[ad_1] [SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its portfolio in Singapore, particularly in the technology sector, the...
SingHealth Duke-NUS’ AI spinoff inks MOUs with Roche, ST Engineering to improve healthcare operations
[ad_1] [SINGAPORE] Enigma Health, a healthcare artificial intelligence (AI) spinoff from SingHealth Duke-NUS Academic Medical Centre, has inked separate memorandums of understanding (MOUs) with Swiss pharmaceutical giant Roche and Singapore...
Nomura faces rare vote over shareholder’s name-change proposal
[ad_1] [TOKYO] Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next month, as...
Salesforce to buy Informatica for US$8 billion to bolster AI data tools
[ad_1] [NEW YORK] Salesforce said on Tuesday (May 27) it would buy Informatica for about US$8 billion, betting on the data management platform to sharpen its competitive edge in the...
US solar makers see tariff loophole for Asian competitors
[ad_1] Companies including Hanwha Q Cells and First Solar have blamed a surge of discounted imports from South-east Asia for making it difficult to build and sell equipment domesticallyPublished Wed,...