Rubio announces $13.5 million for Ecuador to combat drug violence
Secretary of State Marco Rubio announced a substantial payment aimed at assisting Ecuadorian authorities in fighting violence coming from drug cartels in South America. Source link
Tag
million
ST Engineering will invest S$250 million to drive robotics solutions for complex challenges
ST Engineering is pouring S$250 million over the next five years into a programme that will drive physical artificial intelligence (AI) applications such as robotics, with an initial focus…
EXCLUSIVE: W Hotels Debuts New $100 Million Union Square Flagship
Twenty-six years after W Hotels ignited the lifestyle hotel movement, the brand is undergoing its most significant evolution yet. The transformation is anchored by the dramatic reopening…
Toyota announces $792 million EV investment in Czech Republic
Japanese carmaker Toyota said on Wednesday it will invest 680 million euros ($792 million) on a new production line in the Czech Republic to make a battery electric car. The line will be…
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million
The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the 51 per cent remaining interest in two artificial intelligence-ready hyperscale data centres in Singapore from…
GE Aerospace’s Singapore and Malaysia projects to enjoy ‘significant portion’ of new US$75 million investment
Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance, repair and overhaul (MRO) and component repair…
Singapore orders Meta to implement anti-scam measures or face possible fine of up to S$1 million
Singapore police have ordered Meta to implement anti-scam measures against advertisements, accounts, profiles and business pages impersonating key government office holders on its social…
Hyflux got only S$150 million bank loan for S$890 million project because of cash flow concerns
Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan. This was because the banks estimated that cash…
Cardi B Found Not Liable in $24 Million Assault Lawsuit
A Los Angeles jury has cleared Cardi B of assault accusations from a security guard that originally sued her for $24 million over the alleged attack, Rolling Stone reports. After the…
Centurion unit acquires Johor dorm operator for RM110.8 million, ups bed capacity by 25%
A unit of dormitory operator Centurion Corporation has acquired another dormitory operator in Johor for RM110.8 million (SG$33.2 million), the mainboard-listed company said in a bourse…
Census Bureau data reveals U.S. labor force has lost over 1.2 million immigrants
It’s tomato season and Lidia is harvesting on farms in California’s Central Valley. She is also anxious. Attention from U.S. Immigration and Customs Enforcement could upend her life more…
1.2 million immigrants are gone from the U.S. labor force under Trump, preliminary data shows
It's tomato season and Lidia is harvesting on farms in California's Central Valley. Source link
Box Office: ‘Weapons’ Tops Sleepy Labor Day Weekend With $12.8 Million, ‘Jaws’ 50th Anniversary Re-Release Beats ‘Caught Stealing,’ ‘The Roses’
Hollywood didn’t have a lot to celebrate during a muted Labor Day holiday weekend, as “Weapons,” now in its fourth weekend of release, took the top spot, and “Jaws,” a 50-year-old…
MetaOptics eyes S$6 million in gross proceeds from IPO, to trade on SGX Catalist on Sep 9
Home-grown semiconductor optics startup MetaOptics intends to raise some S$6 million in gross proceeds from its initial public offering (IPO), as it issues 30 million placement shares at…
ComfortDelGro buys rest of CityCab shares for S$116.3 million from ST Engineering unit
Transport giant ComfortDelGro (CDG) acquired on Monday (Sep 1) all of ST Engineering Land Systems’ shares in taxi operator CityCab for a total purchase consideration of S$116.3 million.…
Yangzijiang Shipbuilding soars 6.5% on the back of new orders worth US$920 million
Shares of Yangzijiang Shipbuilding soared 6.5 per cent shortly after market open on Monday (Sep 1) on the back of its announcement that it has secured 22 new orders for its vessels. The…
Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue
Property developer Oxley Holdings on Friday (Aug 29) posted a narrower loss of S$8.3 million for its second half ended Jun 30, 2025, compared with S$94.9 million in the year-ago period.…
GuocoLand unit divests Thistle Johor Bahru hotel for RM150 million
The group is expected to enjoy a net gain of about RM35 million upon completion of the sale Property developer GuocoLand is selling the Thistle Johor Bahru hotel and the associated land…
GuocoLand falls by nearly 3% after reporting slump in H2 net profit to S$32.4 million
Shares of GuocoLand tumbled by close to 3 per cent on Friday (Aug 29) morning following the announcement of its net profit for the second-half ended Jun 30 falling 48 per cent to S$32.4…
Aims Apac Reit to acquire two industrial buildings in Aljunied for S$56.7 million
Aims Apac Reit is proposing to acquire an industrial property – comprising two buildings – in the Aljunied area for around S$56.7 million, the manager announced on Friday (Aug 29). This…
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
The board declares an interim dividend of HK$0.05 per ordinary share, unchanged from H1 2024 Hotel group Shangri-La Asia posted a net profit of US$57.9 million for the first half ended Jun…
Deutsche Bank fined US$3 million by Hong Kong securities regulator
Deutsche Bank has been fined US$3.05 million over various breaches between 2015 and 2023, Hong Kong’s securities regulator said on Thursday (Aug 28). The violations include…
Didi posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business. Chinese ride-hailing giant Didi Global reported on Thursday (Aug 28) a second-quarter net loss of US$350…
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million consideration. The proposed acquisition will…