Culture
Japanese yen, ringgit, US, Australian dollar driving Singapore’s currency buying frenzy
[ad_1] YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business[SINGAPORE] As foreign exchange rates vacillated in 2025 amid geopolitical volatility and shifting trade policies, Singaporeans...
From yen rushes to tariff tantrums: How geopolitical drama drove Singapore’s 2025 FX frenzy
[ad_1] YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business[SINGAPORE] As foreign exchange rates vacillated in 2025 amid geopolitical volatility and shifting trade policies, Singaporeans...
Binance weighs US strategy as billionaire Zhao regains clout
[ad_1] Binance has positioned Yi He’s promotion, who is Zhao’s partner, as a sign of stabilityCHANGPENG Zhao has unfinished business.The billionaire co-founder of Binance has stepped back into the spotlight,...
European equities muted as tech valuation concerns linger; UK markets outperform
[ad_1] EUROPEAN shares were little changed on Wednesday with losses in technology stocks offsetting strong performance from basic resources amid lingering concerns over sky-high, AI-fuelled tech valuations.UK markets, meanwhile, advanced after...
Acrophyte Hospitality Trust unit to divest Hyatt Place Primacy Parkway hotel for US$7.8 million
[ad_1] [SINGAPORE] ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the United States for US$7.8 million.Located in Memphis, Tennessee,...
HG Metal subsidiary to buy industrial property in Tuas for S$20.8 million
[ad_1] [SINGAPORE] A unit of steel distributor HG Metal Manufacturing has exercised an option to purchase (OTP) to acquire an industrial property in Tuas for S$20.8 million, a move that...
Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
[ad_1] [SEOUL] South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won (S$8.4 billion).The...
Singapore stocks slip despite improved 2026 growth outlook; STI down 0.1%
[ad_1] [SINGAPORE] Singapore stocks ended lower on Wednesday (Dec 17), even as private-sector economists turned more optimistic about the Republic’s growth outlook for 2026.The benchmark Straits Times Index fell 0.1...
Warburg Pincus to invest up to US$1 billion in corporate services firm Acclime
[ad_1] The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race[SINGAPORE] American private equity firm Warburg Pincus on Wednesday (Dec 17) announced that...
Warburg Pincus invests in corporate services firm Acclime, valuing it at US$1 billion
[ad_1] The private equity firm beat rivals Carlyle Group, Blackstone, KKR and TPG in a bidding race[SINGAPORE] American private equity firm Warburg Pincus on Wednesday (Dec 17) announced that it...
