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Seatrium says it is seeking legal advice and will defend the claim ‘vigorously’ Asset manager Keppel is starting arbitration proceedings against Seatrium for a S$68.4 million claim related…
South Korean President Lee Jae-myung is leaning on promises to “Make America Shipbuilding Great Again” during his first official US trip, as the two allies wrangle over other details of…
Logistics company GLP said on Tuesday (Aug 26) it had secured an investment of 2.5 billion yuan (S$449.5 million) from Zhejiang government-backed investors to expand its China…
Scoot, the budget offshoot of Singapore Airlines (SIA), has been adding routes to its network, including some that were previously served exclusively by Jetstar Asia. These are Okinawa in…
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup Mirxes on Monday (Aug 25) posted a net loss of US$28.4…
Great Eastern Life – the oldest and longest-established life insurance group in Singapore and Malaysia – has signalled plans to significantly grow its profitability. “We do have an…
China has more than quadrupled its exports of steel in semi-finished form so far this year, adding to an unprecedented flood of the metal even after a wave of trade actions. Semi-finished…
Indonesia’s sovereign wealth fund has reported US$1 trillion in assets under management, and oversees nearly 900 state firms Indonesia’s newly established sovereign wealth fund…
ASIAN stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual firing of a central bank official and threats to…
Singapore’s sovereign wealth fund GIC is considering a proposal to invest in data centre assets owned by Australian property firm Goodman Group, the Australian Financial Review…
PERPLEXITY AI on Monday said it will begin paying out millions of dollars to media outlets as part of a new model for sharing search revenue with publishers. The company’s media partners…
India-based firms feature 18 times, while Singapore-based ones are tied for second with Japan-based companies Fourteen Singapore companies have been featured on the 2025 Forbes Asia “100…
Mastercard announced on Tuesday (Aug 26) that Richard Wormald, who is currently division president, Australasia at the company, will be stepping up as the new president, Asia-Pacific.…
Frasers Property is proposing to buy the remaining properties at Yishun 10 mall it does not yet own from Frasers Centrepoint Trust (FCT). This comes after Frasers Property, FCT’s sponsor,…
Markets are now pricing in an 83% chance of a quarter-point rate cut at the Fed’s Sep 17 policy meeting, according to the CME FedWatch Tool Gold prices rose to a two-week high on…
The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 26): Frasers Property, Frasers Centrepoint Trust (FCT): Its wholly owned subsidiary…
Korean Air announced an order on Monday for 103 Boeing airplanes coinciding with the visit of South Korean President Lee Jae Myung to Washington, sources told Reuters. The order,…
It has been some two months since Lai Pei Si took over as chief executive officer of digital bank GXS Bank on Jun 1, and she is making talent her top priority. Lai said that people are the…
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI and Apple accusing both of anticompetitive behavior in the artificial…
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its…
Wall Street’s main indexes opened lower on Monday (Aug 25), retreating from the previous session’s gains when fed chair Jerome Powell hinted that an interest-rate cut could be on…
The move will fund PKR Offshore’s fleet expansion to serve offshore wind energy markets Marine logistics provider Marco Polo Marine’s (MPM) indirect subsidiary, PKR Offshore (PKRO), is…
Healthcare provider Thomson Medical Group on Monday (Aug 25) announced a Johor Bay “mega project” in Malaysia, with a projected gross development value (GDV) of more than RM18 billion…
Fashion model Hannah James faced a dilemma as she weighed whether to digitally clone herself. On one hand, the 25-year-old worries digital replicas of models could render her job obsolete.…
