Cryptoverse: ‘Elation’ as Bitcoin basks in Trump glow
JOE McCann was sitting in his Miami condo, eyes glued to screens flashing with Bitcoin trades as the American election results rolled in. “When the first polls closed, we started to see…
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Seven & i founding family aims to raise 8 trillion yen for buyout this year: NHK
THE founding Ito family behind Japanese retailer Seven & i aims to raise more than 8 trillion yen (S$70 billion) to take it private by the end of this financial year, Japanese public…
A Southern California pastor says a 'flawed' Trump was chosen to lead a sinful nation
On election night, a Southern California pastor in a red MAGA hat filmed a message for his Instagram followers, cheering President-elect Donald Trump’s victory. Rob McCoy thanked God — and…
US$3 billion raised by S-E Asia IPOs is lowest in almost a decade: Deloitte
But regional outlook for 2025 remains rosy as expected interest rate cuts could create a more favourable environment for listings SOUTH-EAST Asia’s initial public offering (IPO) market has…
German authorities report rise in crimes against women in 2023
Cases of domestic violence against women rose in Germany in 2023, according to a new analysis by the country's Federal Criminal Police Office (BKA) released on Tuesday. A total of 180,715…
Germany's defense minister says damage to 2 Baltic data cables appears to be sabotage
BERLIN (AP) — Germany's defense minister said Tuesday officials have to assume damage to two data cables under the Baltic Sea, one of which ends in Germany, was caused by sabotage — though…
Singapore stocks rise as falling Treasury yields lift global equities; STI up 0.7%
SINGAPORE stocks rose on Tuesday (Nov 19) as Asian indices closed higher and lower US yields boosted emerging markets and commodities. The Straits Times Index (STI) rose 0.7 per cent or…
Koh Brothers Eco unit wins S$77.6 million contract for upcoming Toa Payoh development
CATALIST-listed engineering solutions provider Koh Brothers Eco Engineering was awarded a S$77.6 million contract by Sport Singapore (SportSG) through its wholly owned subsidiary, Koh…
Swiss watch exports fall again amid plummeting demand in China
SWISS watch exports fell for a second straight month in October as a sharp drop in shipments to China offset growth in the US. Exports of Swiss timepieces and watch movements declined 2.8…
China tells local funds to stop buying LGFV bonds via Hong Kong link
CHINA has effectively banned domestic investors from buying offshore yuan bonds issued by local government financing vehicles through its trading link with Hong Kong, according to people…
Gold hits one-week high on softer dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal Reserve officials for cues on the US interest rate…
UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms
LONDON (AP) — With banners, bullhorns, toy tractors and an angry message, British farmers are descending on Parliament on Tuesday to protest a hike in inheritance tax that they say will…
24 hours in Ukraine: A single day shows the reality of life as war hits 1,000 days
KYIV, Ukraine (AP) — The clock on her wall stopped almost as soon as the day began, its hands frozen by the Russian bomb that hit the dormitory serving as home for Ukrainians displaced by…
WeWork gives up two Singapore prime locations in sign of co-working woes
WEWORK is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets. One co-working space spanning the 17th to 20th…
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on Tuesday (Nov 19). This comprises a private placement…
Abkhazia: Leader of Georgia breakaway region resigns
The leader of Georgia's breakaway region of Abkhazia is resigning after days of mass protests over a controversial pro-Russia bill. Aslan Bzhania's press office said he was quitting "to…
Equinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed firm said on Tuesday (Nov 19). The new data…
Law scholars refute S.Korea leader's claim about legality of parliament move to probe wife
Legal scholars specialising in South Korea's constitution have refuted President Yoon Suk Yeol's claim that it was unconstitutional for parliament to appoint a special prosecutor to probe…
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the…
Hindu procession clip filmed in India's Uttar Pradesh state, not Maharashtra ahead of vote
As India's western Maharashtra state geared up for its November 20 legislative elections, footage of people chanting a Hindu slogan was repeatedly shared in posts with a false claim it…
Keppel DC Reit to acquire data centres from Keppel for S$1.4 billion
KEPPEL DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two data centres from a Keppel joint venture (JV) for S$1.4 billion. Keppel DC Reit will…
Stocks to watch: Keppel, Genting Singapore, Silverlake Axis
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 19): Keppel: Keppel will take over 13 legacy rigs held by Rigco following a…
From political outsider to Ghana's 'Mr Digital'
Mahamudu Bawumia soared from being a political outsider to become Ghana's second-in-command - and in December he could make history as the country's first Muslim president. Bawumia,…
Chocolate makers stoke boom for Indian cocoa beans
George Matthew moved into cocoa production to keep his farm going If it hadn't been for the squirrels, George Matthew's attempt to become a cocoa bean producer might have failed. His…