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STI closes at record high of 4,010.77 as investors seek safe haven
[ad_1] The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5 billion were transacted[SINGAPORE] Singapore’s benchmark index reached...
UOB Thailand, Frasers Property team up to help companies expand in Asean
[ad_1] The companies will jointly identify and support foreign direct investment opportunities, particularly for firms seeking to establish or expand operations in key industrial zones in the region[SINGAPORE] UOB Thailand...
Asian CFOs brace for downturn, but eye expansion: survey
[ad_1] [SINGAPORE] More than eight in 10 Asian chief financial officers (CFOs) expect the global economy to worsen in the coming months – a markedly more pessimistic view than their...
GrabCab, Singapore’s newest taxi operator, hits the roads with over 40 cabs to be rolled out in July
[ad_1] [SINGAPORE] Singapore’s sixth and newest taxi operator GrabCab has hit the roads, with over 40 cabs to be rolled out in July, and more cabs expected in the next...
SoftBank’s Ampere deal faces in-depth US probe in threat to AI ambitions
[ad_1] [NEW YORK] SoftBank Group’s US$6.5 billion acquisition of semiconductor designer Ampere Computing is facing a potentially lengthy probe by the US government.The Federal Trade Commission (FTC), one of two...
Manhattan home sales surge 17% with cash buyers leading the way
[ad_1] [NEW YORK] Manhattan home sales in the second quarter were stronger than they have been in almost two years, boosted by cash buyers undeterred by the economic uncertainty created...
MAS proposals a step forward in ‘democratising’ investing, ‘strikes right balance’: observers
[ad_1] [SINGAPORE] The Monetary Authority of Singapore’s (MAS) proposals to strengthen product highlights sheet (PHS) requirements and streamline the framework for complex products signal a major shift in the local...
Gold prices ease ahead of US data as investors weigh Fed rate stance
[ad_1] [BENGALURU] Gold prices edged lower on Wednesday (Jul 2) as investors awaited US payroll data and assessed Federal Reserve chair Jerome Powell’s cautious stance on rate cuts, although a...
Yangzijiang Financial up 6% after update on maritime subsidiary incorporation
[ad_1] [SINGAPORE] Shares of Yangzijiang (YZJ) Financial rose by 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its incorporation of YZJ Maritime Development,...
Intel’s new CEO explores big shift in chip manufacturing business
[ad_1] [SAN FRANCISCO] Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two sources familiar with the matter told Reuters, in...
US, Japan, India, Australia pledge mineral cooperation on China jitters
[ad_1] [WASHINGTON] The United States, Japan, India and Australia pledged on Tuesday to work together to ensure a stable supply of critical minerals, as worries grow over China’s dominance in...
YZJ Financial incorporates YZJ Maritime Development as subsidiary at issued and paid-up share capital of US$100
[ad_1] [SINGAPORE] Yangzijiang (YZJ) Financial released an update on Wednesday (Jul 2) that its proposed spin-off company YZJ Maritime Development has been incorporated as a wholly owned subsidiary in Singapore.It...