KKR plans investment expansion for insurance unit in India
The investment firm insurance business is anchored through Global Atlantic Financial Group KKR is planning a bigger role for its India insurance unit, as the investment firm expands in…
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Unit
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and automating processes Amazon.com’s cloud unit posted the…
Director of Hong Leong Asia unit resigns amid probe by authorities in China
Wu Qiwei, a former board member of China Yuchai International, is suspected of ‘serious violations of discipline and law’ Wu Qiwei, a director of Hong Leong Asia subsidiary China Yuchai…
Amazon Games Unit Hit by Layoffs, Will Halt ‘Significant Amount’ of AAA Development and Shift Online Strategy
Amid sweeping layoffs that began throughout ecommerce giant Amazon Tuesday, the company is making “significant” changes to its video games business. The move comes just as Amazon had…
LHN’s co-living unit Coliwoo to offer 80.3 million shares at S$0.60 apiece in mainboard listing
The offering comprises a placement of 75 million placement shares to investors in Singapore and outside the United States as well as a public offer of 5.3 million public offer shares in…
New Aster unit inks Sembcorp Solar deal for power worth 17,000 cars’ emissions
The new unit, Aster Power, will focus on advancing power and steam generation, as well as renewable power solutions across Aster’s assets Chemical and energy solutions firm Aster on Monday…
PropNex unit, agent sued by Hao Mart over Orchard Road lease for over S$3.5 million
Supermarket chain Hao Mart has filed a lawsuit against a wholly owned unit of mainboard-listed PropNex and one of its agent, alleging misrepresentation in the leasing of the Orchard Road…
Hao Mart sues PropNex unit, agent for S$3.5 million over Taste Orchard lease
Defendants say they’re acting as agent for landlord OG, and therefore owe no obligation to the plaintiff to act in its best interests Supermarket chain Hao Mart has filed a lawsuit against…
Hao Mart sues PropNex unit, agent for more than S$3.5 million over Taste Orchard lease
Defendants say they’re agent for landlord OG, and owe no obligation to the claimant to act in its best interests Supermarket chain Hao Mart has filed a lawsuit against a wholly owned unit…
Nexperia’s China unit resumes chip sales to domestic distributors, requires renminbi-only payments: sources
The chipmaker is seeking chip packaging partners outside China as the dispute drags on [BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese unit has resumed supplying semiconductors to…
Wee Hur unit enters JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that its wholly owned subsidiary Wee Hur Property has…
Wee Hur unit in JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that its wholly owned subsidiary Wee Hur Property has…
Meta is cutting around 600 roles in AI unit, Axios reports
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the several thousand roles within its…
Meta reported to be cutting around 600 roles in AI unit
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the several thousand roles within its…
Wilmar Indonesia unit general manager charged over sugar imports
The unlawful raw sugar imports have allegedly caused state losses amounting to 578 billion rupiah The general manager of Wilmar International’s Indonesian subsidiary has been charged by…
Coinbase, Fortnite among services hit by global outage of Amazon’s cloud unit
AMAZON’S cloud services unit AWS was hit by an outage on Monday (Oct 20), causing connectivity issues for many companies around the world and disrupting services for several popular…
PropNex says S$849,287 lawsuit against unit over ‘99-to-1’ deal has been dropped
It added that this is not expected to have a material impact on its financial position and performance for the financial year ending Dec 31 A lawsuit against PropNex Realty, a wholly owned…
‘99-to-1’ transaction: PropNex says S$849,287 lawsuit against unit has been dropped
It is not expected to have a material impact on its financial position and performance A lawsuit against PropNex Realty, a wholly owned subsidiary of PropNex, has been withdrawn, the real…
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s largest data centre operators, is seeking to…
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross floor area Extra Space Asia (ESA), the…
Hong Kong's bourse operator expands commodities business with Dubai unit
HONG Kong Exchanges & Clearing (HKEX) launched a new unit in Dubai to advance its commodities business, the exchange operator said on Monday (Oct 13). Commodity Pricing and Analysis…
China’s Wingtech seeks government help after Dutch intervention at Nexperia unit
The Chinese semiconductor company’s Shanghai-listed shares plunged 10% on Monday to a one-month low [AMSTERDAM/SHANGHAI] Chinese semiconductor company Wingtech said on Monday (Oct 13) that…
Keppel unit M1 faces legal proceedings over 2019 contract with Liberty Wireless
This is not expected to affect or delay the completion of the proposed sale of M1’s telco business to Simba Telecom M1, an indirect subsidiary of Keppel, is facing legal proceedings in…
‘The Roaring Banshees’ Producers Tease ‘Big, Brave, Ambitious’ Gangland Series About Irish Rebel Unit on the Lam in Prohibition-Era Chicago (EXCLUSIVE)
Dublin-based “Irish Blood” producers Deadpan Pictures and Canadian shingle Shaftesbury Films are teaming up again on “The Roaring Banshees,” an adaptation of the hit play by John Morton…